Case Description Emerging markets are challenging and require special expertise. India in particular is known to be a tricky business environment.
A former employee of WoolEx Mills is claiming that irregular activities by senior management are at the root of the financial difficulties of the company. The turnaround team needs to act quickly yet must tread carefully in case the accusations prove unfounded.
The second part of the case describes how the team deals with the situation and the action they take to restore and restructure the ailing Indian company.
Learning Outcomes 1. Experience developing a plan of action when dealing with a company in distress. 2. Understand the short-term performance improvement measures during a turnaround situation 3. Understand the pressures management teams g through in seeking the right ingredients for a successful and sustainable turnaround.
Duration : Up to 120 Mins
Min Participants : 10 Max Participants : 24
Keywords : Insead, Business Management, Turnaround, Entrepreneurship