Return patterns and restructuring of distressed manufacturing firms: Smart innovation approach

Makhala Mpho Motebele, Charles Mbohwa

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The aim of the study is to better understand the effectiveness of restructuring strategies and understand stable capital growth of South African manufacturing firms employing smart innovation approaches as managerial security measures in distress status quo. The paper emphases on manufacturing firms that is why it is so vital that organisations understand how innovation principles influence restructuring and turnaround of distressed operating manufacturing firms. The study offers a number of specific recommendations for action. During a crisis, early and decisive reaction initiated as part of a comprehensive restructuring program is essential. From the very start, investment in innovation must be sufficiently considered in the financial planning of the restructuring program ("headroom").

Original languageEnglish
Title of host publication6th International Conference on Industrial Engineering and Operations Management in Kuala Lumpur, IEOM 2016
PublisherIEOM Society
Pages1198-1203
Number of pages6
ISBN (Print)9780985549749, 9780985549756
Publication statusPublished - 2016
EventIEOM Detroit Conference, IEOM 2016 - Southfield, United States
Duration: 23 Sept 201625 Sept 2016

Publication series

NameProceedings of the International Conference on Industrial Engineering and Operations Management
ISSN (Electronic)2169-8767

Conference

ConferenceIEOM Detroit Conference, IEOM 2016
Country/TerritoryUnited States
CitySouthfield
Period23/09/1625/09/16

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering

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