How to reconcile Good Management and Performances in Turbulent Times?

Two years ago, the CEO of a Belgian SME active in the food and beverage branch was really shocked by the sudden decrease of the turnover. The activities (spread over many European countries) showed in a few months’ time real business stagnation. This SME active for more than 70 years has been profitable for many years. Many external factors linked to the turmoil could explain this stagnation. The MD wondered what the solution could be in the short term. For sure only drastic and probably unpopular decisions would prevent further decrease of performance. In 2012 this MD is leading the company after introducing change and restoring the competitiveness. (suite…)