Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author...

Die westliche Vorstellung von Management ist in eine Sackgasse geraten. Manager tun sich immer schwerer damit, globale Zusammenhänge wirklich zu erfassen. Unter unvermeidlicher Unsicherheit entscheiden sie oft eindimensional – und bleiben trotz immenser Anstrengungen wirkungslos. Werner...

Phases of growth and decline are part of every organizational life and are, therefore, constantly represented in the management literature. Companies anticipating or facing downturns often react with restructuring activities in order to reverse the declining business situation in the long term....

Corporate distress and turnaround long have been issues integral to business research. The empirically investigation of Martin Schmuck includes the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive...

Turnaround Management - State of the Art -- Crisis management in family businesses -- Empirical studies: Methods and sample -- How family members in the TMT and the existence of supervisory boards affect EWSs in family businesses -- Differences in the crisis readiness of family and non-family...

Sanierungsmöglichkeiten im Insolvenzverfahren -- Rechtliche Sanierungsberatung -- Turnaround und außergerichtliche Sanierung mit dem vorbereiteten Insolvenzplan -- Turnaround Management und die Möglichkeiten des Arbeitsrechts -- Personalführung und -bindung in der Phase des Turnaround...