Remove Sales Remove Strategy Remove Turnaround
article thumbnail

Desperate Times Call for Effective Turnarounds

BCG

We refer to these as turnaround and restructuring efforts. Sales numbers may be stable, or even growing, yet profitability has begun to decline. Very often, management has tried a new strategy, or several, without success. (In Sales are now stagnating or declining, while profit margins turn markedly negative.

article thumbnail

How to Downsize Your Sales Force

Harvard Business

Many industries have had to downsize sales forces. There are several reasons for recent sales force job cuts: Shifting market dynamics are one cause, including changing customer needs, customer consolidation, new buying channels, and slowing market growth. sales reps following an industry-wide downsizing trend.

Sales 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Management Consulting versus Investment Banking

Management Consulted

I seriously considered sales & trading (in fact, I spent a summer at Credit Suisse First Boston in NY), and was tempted to continue in that line of work post-graduation. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.”

Banking 272
article thumbnail

Saving RadioShack

Tom Spencer

When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.

article thumbnail

List of strategy consulting firms in Hong Kong

Tom Spencer

List of strategy consulting firms in Hong Kong 2011. List of strategy consulting firms in Hong Kong. OC&C Strategy Consultants. Roland Berger Strategy Consultants. Applied Value offers strategy, finance, and operations management services. Definitions. Helpful Links. in Management Consulting. IMS Health.

article thumbnail

Consultant Ninja: Finally, two counter-cyclical markets: Management.

Consultant Ninja

After seeing so many markets down, my cousin in the hunting business informed me that gun sales have been surging, due to Obama winning the presidency. The other sector Im long on is turnaround consulting: 10-13-08. I am a strategy consultant at. Finally, two counter-cyclical markets. WaMu made a motion to designate William C.

article thumbnail

GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.

Harvard Business

During the Immelt era, the dominant mode had been of strategy by way of mergers, acquisitions, and divestitures (MA&D), including most recently the disastrous merger of the GE oil and gas business with Baker Hughes in 2016. In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool.

Company 130