An effective, long-term strategy for maintaining corporate
growth, profit and competitive edge
Depicting a progressive emergent framework for long-term growth,
profitability, and success, Business Restructuring: An Action
Template for Reducing Cost and Growing Profit employs an
integrated approach incorporating several of the most popular
methodologies and best-in-class practices into a single proven
framework.
Beginning with an overview of restructuring and what is needed
up-front to be successful, this "How to Cookbook" helps you
* Understand business restructuring and cost reduction
techniques
* How to transform any organization into one that is high
performing
* Realize efficiencies through the reorganization of resources,
improving processes, and identifying outsourcing opportunities
* Sustain results and achieve continued efficiency,
profitability, and growth
* Describes the right leadership team dynamics to make sure the
changes stick
Whether you are a business leader or manager, Business
Restructuring takes you through a logical series of steps that
will provide you with immediately useful tactics to apply on a
regular basis to achieve immediate results, as well as a long-term
roadmap to deliver performance excellence and increase shareholder
value.
Autorentext
CARLA ZILKA is the founder and Principal Advisor of NexGen Advisors, a global business restructuring and transformation firm. As the Principal Advisor, Zilka partners with Fortune 1000 CEOs, hedge funds, and private equity firms to deliver a vision, strategy, and plan on how to effectively restructure and prepare for growth. To date, she and her team have been responsible for cost reductions totaling over $1.5 billion and revenue growth opportunities over $2 billion in under three years.
Klappentext
BUSINESS RESTRUCTURING
An Action Template for Reducing Cost and Growing Profit
Who knew a few years ago that the market would collapse and we would enter a recession that has instilled such fear and uncertainty into the world? As the fear of failure becomes more prevalent in business leaders, the result can be utter business paralysis or—worse—blindly resorting to short-term tactics such as downsizing or outsourcing to meet companies' quarterly numbers. Business restructuring, however, will transform your business, taking it from declining to growing.
Written by Carla Zilka—one of the most sought-after restructuring consultants to corporate America—Business Restructuring: An Action Template for Reducing Cost and Growing Profit offers a way to improve your company's cost structure processes and organization to create substantial self-investments geared toward future growth. This proactive book authoritatively covers:
- When you need to consider restructuring
- How to assess your organization—is it "fit and healthy"?
- Process to change your cost structure to get the highest value at the lowest cost
- Developing a long-term strategy for maintaining corporate growth, profit, and a competitive edge
- A logical series of steps and tools for transforming your organization into a high-performing system
- The methodology, approach, and mind-set to achieve your goals in the most efficient and effective way possible
So, how do you know if your business needs to undertake the journey of restructuring? You can have the best strategies in the world, but if you don't have the processes and people optimized to execute it, your results may not reach the financial goals you set for the company. Decidedly not for the CEO looking for an instant fix, this book demystifies business restructuring and makes plain the best practice cost-reduction techniques with a proactive approach to jump-start your restructuring program, reap the benefits, and prevail when others do not.
Zusammenfassung
An effective, long-term strategy for maintaining corporate growth, profit and competitive edge
Depicting a progressive emergent framework for long-term growth, profitability, and success, Business Restructuring: An Action Template for Reducing Cost and Growing Profit employs an integrated approach incorporating several of the most popular methodologies and best-in-class practices into a single proven framework.
Beginning with an overview of restructuring and what is needed up-front to be successful, this "How to Cookbook" helps you
- Understand business restructuring and cost reduction techniques
- How to transform any organization into one that is high performing
- Realize efficiencies through the reorganization of resources, improving processes, and identifying outsourcing opportunities
- Sustain results and achieve continued efficiency, profitability, and growth
- Describes the right leadership team dynamics to make sure the changes stick
Whether you are a business leader or manager, Business Restructuring takes you through a logical series of steps that will provide you with immediately useful tactics to apply on a regular basis to achieve immediate results, as well as a long-term roadmap to deliver performance excellence and increase shareholder value.
Inhalt
Foreword ix
Preface xiii
Acknowledgments xvii
Chapter 1: Restructuring for Success: The 10-Minute Check 1
Why You Need to Restructure
Are Your Key Financial Indicators Telling You Something?
Notes
Chapter 2: The Playbook: A Comprehensive Approach 13
Creating a Foundation for Success
Flexible Platform for Achieving Results
Chapter 3: Putting the Playbook into Action 29
Building A Winning Team
Equipping Your Team With the Necessary Tools
Note
Chapter 4: Setting the Baseline 49
Moving from Unconscious Incompetence to Conscious Incompetence
You Are Here
How Fit Is Your Organization?
How Robust Are Your Processes?
Notes
Chapter 5: Ready to Launch 69
Kicking Off Your Restructuring Project
So You Think You Can Change?
Notes
Chapter 6: Executing the Framework 89
Moving from Conscious Incompetence to Conscious Competence
Organizational Efficiency
Business Process Improvement
Business Process Outsourcing
Business Process Outsourcing as a Key Enabler for Restructuring
Notes
Chapter 7: Leadership Essentials for Success 143
Do You Have What It Takes?
Plans versus People
Keirsey Temperament Sorter
Implication 1: Certain Leaders Have Certain Talents
Implication 2: Changing a Leader to Fit
Implication 3: Assessing and Aligning for the Right Roles
Case Study: Can We Compete in This Arena?
Notes
Chapter 8: Continuous Improvement 161
Moving from Conscious Competence to Unconscious Competence
CI Organization Structure and Roles
CI Dashboard
Training
Knowledge Management
Linkages to CI
Note
Chapter 9: Summary of Lessons Learned 181
Glossary 185
Index 199