By Thomas Wittig
Thomas Wittig goals at gaining extra insights into the quandary and turnaround means of SMEs, investigating either, the turnaround good fortune and the effect of turnaround at the relations function in kinfolk businesses. in response to a particularly constructed built-in conceptual turnaround version, the writer amassed a pattern of 209 turnaround situations of German medium-sized businesses from restructuring specialists operating for German banks. utilising a number of rigorously chosen statistical analyses he identifies key components for turnaround luck and reveals particular archetypes of crises and turnaround. The examine concludes with an research of the effect of a profitable turnaround at the kin enterprises inside of his pattern. according to the study’s insights he presents either, strategies for destiny learn and a suite of sensible implications for all suitable stakeholders of a turnaround situation.
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Extra resources for Crisis and Turnaround in German Medium-Sized Enterprises: An Integrated Empirical Study (Familienunternehmen und KMU)
Crisis and Turnaround in German Medium-Sized Enterprises: An Integrated Empirical Study (Familienunternehmen und KMU) by Thomas Wittig