Paths to Success and Paths to Failure
Having spent so much time figuring out how to move a company to a higher level of performance and having developed a nuanced view of what different levels of performance look like, we can now reflect on how some companies got to a poor performance level, especially level 4 and how some other companies found a path to higher level performance. This is of interest to stockholders, lenders, management, and employees. A company that is going downhill is a bane on everyone’s existence except the competitors who are gaining market share and finding the competition easier. A company moving to a higher level of performance in many areas almost always grows in market share and profitability.
KeywordsFinancial Management Improvement Plan Financial Officer Disruptive Technology Nuanced View
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