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Corporate crisis: The myth that nobody saw it coming

A crisis usually arises from a symbiosis of poor personnel management and leadership, communication, decision-making skills, willingness to take responsibility and the ability to learn. What are the warning signs, why are they often overlooked, and how can entrepreneurs/managers arm themselves against them?

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Turnaround rescue from insolvency

If the turnaround is implemented successfully, it can lead to new strength and competitiveness. It requires financial rescue measures and a profound change in corporate culture and strategy.

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