Tag: distressed business
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The Slippery Six: Internal drivers of corporate decline
In corporate turnarounds, internal factors often drive decline. The “Slippery Six” include inadequate controls, lack of transactional data, poor sales, over-reliance on big projects, poor management, and inertia. Addressing these urgently, particularly improving cash flow, data visibility, and sales monitoring, sets the stage for successful turnarounds.
