Some chapters explain what is not to be done at difficult times when the company faces a financial crunch. Each chapter is a lesson as well as a takeaway.
This book happens to explain one of the risky yet remarkable corporate rescue operations where the collateral damage seemed acceptable.
The book is written in understandable language with a great narration of the revival story, hurdles, backlash, strategies, and indefinite ways of rebuilding the confidence among employees, clients, investors, financiers, probable buyers, and everyone else.
A must-read for those who want to explore new arenas of corporate governance!
T.N. Manoharan is currently a member of the RBI's Standing External Advisory Committee for evaluating applications for universal banks and small finance banks.
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