High-Tech Turnaround
Restoring Value to Underperforming Technology Businesses
Published on 14. May 2002
Book
Paperback/Softback
192 pages
978-0-273-65947-1 (ISBN)
Description
Following the high-technology bubble of the last few years we are now witnessing the massive collapse of such businesses, largely due to the failure of their business models. All over the world companies and investment firms have invested heavily in technology businesses. Much of this investment is now of questionable worth. The problem for executives responsible for such investments is how to prevent further loss and recover value.
Written by a world authority on corporate recovery and the management of high-tech businesses, this briefing offers a proven solution enabling you to salvage high-tech investments. It provides a practical guide to assessing the value of a high-tech company or division and whether it is worth saving, designing and implementing a strategic recovery plan and creating a viable business proposition.
Contents include:
Why the high-technology firm is different
Product-market and competitive risk
The problem of managing growth
The inevitable crisis
Turnaround strategies
The implementation challenge: managing the people
Written by a world authority on corporate recovery and the management of high-tech businesses, this briefing offers a proven solution enabling you to salvage high-tech investments. It provides a practical guide to assessing the value of a high-tech company or division and whether it is worth saving, designing and implementing a strategic recovery plan and creating a viable business proposition.
Contents include:
Why the high-technology firm is different
Product-market and competitive risk
The problem of managing growth
The inevitable crisis
Turnaround strategies
The implementation challenge: managing the people
More details
Series
Language
English
Place of publication
Harlow
United Kingdom
Publishing group
Pearson Education Limited
Target group
Professional and scholarly
Dimensions
Height: 298 mm
Width: 211 mm
Thickness: 13 mm
Weight
680 gr
ISBN-13
978-0-273-65947-1 (9780273659471)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
Introduction Why the high-technology firm is differentDefining the high-tech firmGrowth and the high-tech firmForces driving fragilityManaging fragilityDecision making in the fragile firmSummary Product-market and competitive riskProduct developmentMarket developmentCompetitionPartnering strategies for product-market developmentSummary The problem of managing growthStages of growthTypical growth problemsLoss of excitementThe standard recipeFlexibility and stabilitySuccessful growthWhen growth stops or slowsSummary The inevitable crisisCauses of declinePressure for growthFactors influencing causes of declineThe spiral of declineSummary Turnaround strategiesAppointment of new managementTackling the cash crisisImproving employee moraleRegaining creditability with customers and suppliersChange of business focusImproved marketingManufacturing changesInvestment in focused product developmentFinancial characteristics of successful turnaroundsFactors determining successful recoverySummary The implementation challenge: managing the peopleThe high-tech employeeJob excitement, motivation and satisfactionCompany cultureManaging the functional boundariesLeadership style Summary