During a corporate crisis, many things change, including the relationship between the company and its financiers. Internal regulatory requirements lead to changes vis-à-vis lenders' engagement strategies and new contacts. Communication requirements also increase in many respects. Those who fail to recognise this risk a communicative downward spiral and thus potential existential consequences. Why is correct crisis communication so crucial for a successful restructuring? And how does it work exactly?
Nine out of ten companies are victims of data theft, espionage or sabotage. Practically any company can become a victim, from a small tax consultant to a major international corporation. The extorted ransoms reach ever more dizzying heights and lead many a company into insolvency. Which actors and structures are behind the cyberattacks and, above all, how can one protect oneself? That's what we asked Andreas Persihl.
Cyber-attacks put the crown on polycrisis. They are extremely sophisticated and criminals are often several steps ahead. Experts have long known that attacks cannot be avoided. What matters is how companies react to them. "Incident response" instead of "headless chicken mode": How does that work exactly? What should be the first steps in an emergency? Philipp Seebohm from AON shares insights and recommendations from eight years of cyber risk management.
Our seven most-read blog articles since the beginning of the year: what do they have in common? Definitely advice and expertise: possible scenarios and smart strategies. Retrospectives on yesterday's mistakes and outlooks on tomorrow's business models. It's great to have you with us all this time! We thank you very much for your loyalty as a reader and wish you a relaxing summer break and inspired reading!
If somehow there is always a crisis, how do you deal with it? What skills do managers need to avert the crisis and how do they succeed in aligning an organisation as a perpetual motion machine? We talked about this with Prof. Dr. Henning Werner, Professor for Transformation, Restructuring and Turnaround at the SRH University of Applied Sciences Heidelberg.
"What kind of working environment do you want in order to stay motivated and work in an optimal way?" This question was the starting point for the renovation of enomyc's Stuttgart office. The newly designed rooms at our familiar location at Kleiner Schloßplatz 13 are now officially open. An inviting ambience, flexible and usable workplaces and state-of-the-art technology reflect the company’s good understanding of New Work.
Christmas and the turn of the year are a time for reflection. The last few years have been demanding for all of us in many respects, both in business and in our private lives. We would like to thank you, dear readers, dear business partners and especially our experts, our colleagues and our editors for your continued support and the always high level of interest in our interviews, professional articles and podcasts.
2022 was a difficult year for many companies. While the Corona pandemic in the form of fragile supply chains has not quite been overcome even after almost three years, galloping energy costs, rising interest rates and a threatening shortage of staff are creating new, additional risk factors. An interview with Martin Hammer and Uwe Köstens about the current situation, the outlook for 2023 and why restructuring experts are often "buzzkills".
It's not technically that far yet, but it shouldn't be long before Germany is "officially" in a recession. According to many economists, the country is facing a major wave of bankruptcies. Young, innovative companies in particular are acutely threatened by a lack of reserves, high energy prices and the slump in demand. But does this forecast stand up to closer scrutiny?
Mergers and acquisitions are always a difficult task. When they take place on an international level between several countries, all with a different business approach, the shovel becomes much wider. What skills are needed to handle the task professionally? And looking at current Franco-German relations: Does M&A have what it takes to positively influence the economies and politics of both countries? A conversation with Ian Kayanakis, Managing Partner France, and Head of Corporate M&A at enomyc.
Strategy & Corporate Performance
From SAP Hana to Scams: Almost everything is involved. New means, such as digital transformation, but also new challenges, such as cyber attacks, do not leave the role of CFOs cold. Will the CFOs of the future have an additional mandate? Will they also need cutting-edge digital skills? Or even a split of their role? Markus Oberndorfer, director at enomyc, talks about this.