Become a Leader of Change: Managing Through Your Company’s Liquidity Crisis
Corporate Restructuring Group – July/August 2014 newsletter
The Deloitte CRG Newsletter addresses the current state and outlook for the CRG practice, including recent engagements, announcements, case studies and upcoming events.
Become a leader of change: managing through your company’s liquidity crisis
Deloitte CRG’s Rudy Morando and Sugi Hadiwijaya give insight into managing a distressed company in a liquidity crisis. Accepting the challenge and becoming a leader for change are important steps towards company rehabilitation. They note that having the right mindset and tools to address the challenge can be the difference between a successful recovery and a failed business.
While waiting in line at the grocery store, a four-year-old girl grabbed a piece of candy and nonchalantly placed it on the checkout belt. The cashier’s smile tipped her father off and he efficiently took the candy and put it back on display. Seconds later came the pout that could melt a thousand hearts followed by, “WHY CAN’T I HAVE IT!” to which her father responded, “You need money to buy it, where is your money?”
Deloitte CRG’s featured engagements this month include work with the following selection of clients: ALCO Stores, Inc., southwest cafeteria chain, and a production and media company. For an in-depth look at Deloitte CRG’s recent engagements, check out featured engagements.
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