In this video, Dr. Haresh Shah explains the broad objectives of any SME Business Restructuring and how to achieve them.
He stresses to look and explore all objectives before starting execution of restructuring.
He has broadly lists them as follows :
- Change in the Management Structure to empower right Stakeholders.
- Change in Ownership Structure.
- Change in Business Structure which entails increasing or decreasing stake of loss making business or even closing down of some business lines
- Inviting Strategic Partners who are bringing in either New Skillset or support your current skillset in different markets
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