Chief Restructuring Officers have a tough job. 
 
The companies hiring them are
in deep financial trouble and 
as turnaround specialist Randy Benson states
“People have to come to grips with the fact
that there isn’t enough to go around, and
they’re going to have to compromise.” 

How to reach this compromise?
 
Surprisingly the time pressures help.  
“Nothing focuses the mind like a hanging in the morning”
is Calin Rovinescu’s favorite saying and
nothing gets a decision made like a clock ticking. 

This entry was posted on Sunday, January 20th, 2008 at 6:00 am and is filed under Corporate Games. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.