When it comes to turning a company around, the role of CFO and CEO is often thought to be one of the Captains on the Titanic. You’re about to hit an iceberg and you may not know how much ice is above water versus hidden below. You may not be able to assess the potential damage done by previous management, especially if they are no longer on the ship. The turnaround team is a highly skilled group of leaders who come in with the skills to quickly assess the damage and right the ship, determining whether to let it sink or whether to pick up a bucket and start bailing out the water.
CFO radio
In today’s show Jim Morris, President of Clarity Business Advisors, discusses his role in helping several unprofitable and sinking companies get back to profitability and on the road to health and recovery. Listen in as Jim tells us his experiences on how to right the ship. Today’s interview is a must!
CFO radio