Tag Archives | bankruptcy

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Sometimes there is no one strategy

In today’s age of restructuring, companies are seeking cost savings and synergies left and right. A global and more competitive chemical industry dictates calls for a well-oiled organization that can compete on a cost and technical basis to serve demanding customer needs. However, simply mashing disparate businesses together into operating units does not generate any […]

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Looking beyond the GM bankruptcy

The bankruptcy filing of the once dominant US auto giant General Motors (GM), though widely expected, will have ripple effects across the supply chain. Businesses will be sold off and shut down, and production will shift to smaller, more fuel-efficient cars, as GM seeks to transform itself into a leaner, more cost-competitive company. The chemical industry […]

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