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Tech which makes Sense

In the movie, “Ghostbusters,” the theme song begins: “If there’s something weird in the neighborhood, who do you call: Ghostbusters.” find something terribly wrong with your company.

Sales, margins, and customers are dwindling fast! Competitiveness and debts are the only increases you face! Creditors and banks are hounding you for payments. You have waited, hoping that your nightmare would end soon. But things get worse before they get better.

It is normal that when you get sick the first thing you do is go to the doctor. But why allow this situation to explode into a financial crisis? The company needs to enter the intensive care unit now. You should have sought help earlier. Now it has become a hopeless case to save his company; otherwise it will go under and you will file for bankruptcy or lawsuits could be filed against you.

What we have just described happens to thousands of companies every day in Asia. Many of us simply don’t seek help soon enough for our corporate problems due to unfounded fears and reasons: what if the bank finds out and withdraws the lines of credit? What happens if the employees find out about the poor state of health and leave the ship? With the face-saving culture in Asia, what if my friends, clients and business associates find out I’m not doing well, would they reject me? Why should I call the Asian corporate recovery expert?

When you need a heart bypass, you naturally call a cardiologist instead of a general practitioner. When you have tax problems, you call a tax advisor and not just any accountant. However, many troubled businesses make the fatal mistake of not going to the right professional for help. Many continue to use their own internal management that they are already like a deer caught in the spotlight, petrified and totally clueless on how to move forward.

Many of us would not use self-medication if we were seriously ill. Yet we make this mistake in running our troubled businesses. Most of the time, a troubled business cannot be fixed solely from within. Management may harbor too many prejudices, vested interests and baggage. If the medicine is too bitter, management may not have the guts to swallow it. The company needs an outsider who is able to say “no” firmly when necessary. If internal management is the cause of the problems, then using internal management is like using leeches to cure leukemia.

Ok, you think you have a solution. You can fix the problems by changing your current incompetent management and recruiting successful managers from healthy companies. These managers won’t be enough since they haven’t had to deal with discouraged employees, clamoring creditors and dwindling market share as customers switch to the competition.

You should hire a corporate change expert with many years of change experience based on proven change techniques. You need a Corporate Turnaround Expert and his team of specialists to improve your situation. As an outsider, the corporate restructuring expert brings unfair advantages to the restructuring process. The Corporate Turnaround Expert does not have an emotional baggage tied to a new dream or a historically interesting but economically irrelevant service. The Corporate Transformation Expert is also not beholden to the current management. The corporate change expert can ask dump questions without looking at the dump. One or two dump questions will turn out to be brilliant.

Contrary to expectations, employees will cooperate with the Corporate Turnaround Expert. These employees understand that the Corporate Change Expert represents her last chance and that he or she did not create the problems. They will be open to the Corporate Change Expert as they know he or she is there to help the company succeed. With the right conduct and no profanity, employees will guide Corporate Change immediately to the biggest problems.

Care should be taken in the selection of a company doctor or recovery specialist or corporate recovery expert in Asia. There are many professionals in Asia who profess to be restructuring specialists, but are really just financial people concerned with cost-cutting measures.

Certainly such skills are important, but that is only part of the answer. The specialist must also have been through adversity and have a track record of successfully turning troubled businesses around.

Why spend another sleepless night worrying about what to do next? Just like taking care of your physical health, early diagnosis and proper treatment are keys to your company’s recovery. You just can’t afford another day to procrastinate.

When you are affected by cancer, immediately consult an oncologist and do not trust your family doctor. There is a cure for your corporate cancer if the proper treatment is given early enough. Call your corporate change expert immediately before it’s too late. Avoid bankruptcy now.

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