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 language | English |
|---|---|
| Title of host publication | 6th International Conference on Industrial Engineering and Operations Management in Kuala Lumpur, IEOM 2016 |
| Publisher | IEOM Society |
| Pages | 1198-1203 |
| Number of pages | 6 |
| ISBN (Print) | 9780985549749, 9780985549756 |
| Publication status | Published - 2016 |
| Event | IEOM Detroit Conference, IEOM 2016 - Southfield, United States Duration: 23 Sept 2016 → 25 Sept 2016 |
Publication series
| Name | Proceedings of the International Conference on Industrial Engineering and Operations Management |
|---|---|
| ISSN (Electronic) | 2169-8767 |
Conference
| Conference | IEOM Detroit Conference, IEOM 2016 |
|---|---|
| Country/Territory | United States |
| City | Southfield |
| Period | 23/09/16 → 25/09/16 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Control and Systems Engineering
- Industrial and Manufacturing Engineering
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