Choosing A Turnaround Leader
Nearly every troubled company needs temporary and unique leadership and persuasion skills to transition through the difficult period.
Cognitive Bias, Scott Adams and Troubled Companies
We hear a lot about cognitive bias these days (and confirmation bias – a type of cognitive bias), an extraordinarily important concept in life, business and marketing, most recently made famous by Scott Adams’ book Win Bigly: Persuasion in a World Where Facts Don’t Matter
Fiduciary Duties of Directors and Officers in the “vicinity of insolvency”
The duty of directors is always to direct the affairs of the corporation so as to maximize its value for the benefit of its stakeholders. When a corporation is solvent, those stakeholders are the corporation’s shareholders. When the corporation is insolvent, its creditors take the place of the shareholders as the residual beneficiaries of any increase in its value.
Demand Innovation From Professional Service Providers
At Range Advisors, we aim to address and meet the diverse range of corporate needs of companies as they grow or need to make strategic changes through restructuring and M&A.
Too Little, Too Late – Lessons from Deutsche
Managers with expertise who are willing to put their reputation on the line for a struggling company are few and far between – especially if the last guy quit. It is difficult to head hunt someone willing to step in at the helm of the Titanic, inches away from the iceberg.