In our work with turnarounds, those companies whose fortunes have gone south in this economy, we find one thing little changed from prior downturns: CEOs of troubled companies are often the last to know that they are a big part of the problem. When the person running the show is out of touch with reality, the company has little chance of survival. That’s a shame and that’s the truth.
Reality is important, even if it hurts
Aug 4, 2010 | Entrepreneurs and Business Owners, Finance Mentoring | 0 comments