TY - GEN
T1 - Return patterns and restructuring of distressed manufacturing firms
T2 - IEOM Detroit Conference, IEOM 2016
AU - Motebele, Makhala Mpho
AU - Mbohwa, Charles
N1 - Publisher Copyright:
© IEOM Society International.
PY - 2016
Y1 - 2016
N2 - 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").
AB - 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").
UR - http://www.scopus.com/inward/record.url?scp=85018992616&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:85018992616
SN - 9780985549749
SN - 9780985549756
T3 - Proceedings of the International Conference on Industrial Engineering and Operations Management
SP - 1198
EP - 1203
BT - 6th International Conference on Industrial Engineering and Operations Management in Kuala Lumpur, IEOM 2016
PB - IEOM Society
Y2 - 23 September 2016 through 25 September 2016
ER -