Page 105 - Stakis Consolidated Teaching Note
P. 105
1991 to 1992 Sir Lewis Robertson & David Michaels
(the professionals).
Where are Where are How do we
we now? we going? get there?
Internal Environment
Appointment of LR & DM (S)
Bank standstill agreed (S)
Centralisation & financial
control (S)
Company Diversification (W)
Debt & high gearing (W)
Stakis Implementation
Aims Strategic Choice Cost and asset
Strategic Survival, improve reduction & disposal,
Objectives cash flow, rationalisation
portfolio
restructuring
External Environment
Restructuring (O) Monitor
Rationalisation (O)
Market penetration (O) Reduction in company
costs, balance sheet.
Acquisition target (T)
Interest Rates (T)
Re-Appraisal
Management
restructuring, portfolio
analysis.
Figure 22