Large German manufacturer of bearings and precision engineering is experiencing serious financial difficulties caused by poor management practices, ill-conceived acquisition of the former East Germany, bearing the company and the industry downturn. The company hires a professional manager German turnover, which in the past repairs German firms engaged in "American-style" corporate practices, including reducing layoffs and asset sales. "Hide
by Stuart C. Gilson Source: Harvard Business School 19 pages. Publication Date: March 12, 1998. Prod. #: 298046-PDF-ENG
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