The real executive challenge for many throughout the world has not been achieving growth, but re-structuring debt to survive
Over recent years the survival of a large number of companies has depended on debt restructuring. Companies in highly diverse sectors have had to restructure and refinance their debts. Many have bitten the corporate dust due to their inability to handle debt restructuring. The real executive challenge for many throughout the world has not been achieving growth, but re-structuring debt to survive.
5. Prepare a negotiation strategy.
[This research paper has been reproduced with permission of the authors, professors of IE Business School, Spain http://www.ie.edu/]