Ford Pearson has actually just recently taken control of as CEO of HLB, a Chicago-based item design and advancement company (and when among the biggest in business), to assist in turning it around after a series of crises that had actually seriously endangered its survival. Pearson has actually personally purchased the company, re-organized lots of elements of its operations and has actually employed a more youthful executive and turnaround specialist, Andrew Macey, as COO to assist him in the effort.
The HLB Turnaround case study solution
Pearson and Macey have a number of choices to think about: Should HLB raise $1 million in financial obligation funding and concentrate on a turnaround or should it approach a personal equity financier and raise an added $4 million and pursue a more aggressive performance enhancement plus development method? While they think about these alternatives in September 2008, the credit markets will clamp shut as an international monetary crisis is around the corner.
PUBLICATION DATE: November 18, 2009 PRODUCT #: 810023-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
Related Case Solutions & Analyses:
Killing Craigslist: Entrepreneurship in the Online Apartment Rental Market
The Britney Spears Universe: Social Media and Viral Marketing at its Best
If You cant beat them let them join: The Development of Strategies to Foster Consumers Co-Creative practices
Regional Advertising Industry of New England
Justin Wilson plc: Financing a Formula One Rising Star (A)
The Implementation Planning Model: Steps To Success
TA Energy (Turkey): A Bundle of International Partnerships
The Ascendance of AirAsia: Building a Successful Budget Airline in Asia
Travelers Bond Construction Services Redesign
Apple Inc.
