"Pitfalls" of the business restructuring procedure

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Many managers fail to consider the psychological and practical difficulties that may arise when implementing structural changes. Let's look at some of them:

The illusion of quick results from restructuring
In reality, the immediate effect of a company's restructuring is not always obvious, and negative dynamics may even be observed in the early stages of the process. For example, an increase in the tax burden will reduce profitability. There is no need to panic: in the long term, a carefully planned restructuring will increase the capitalization of the business.

Escalation of conflicts between shareholders
Even if shareholders are on good terms, trying to formalize their interactions can provoke conflicts. Restructuring itself is not always the cause of disagreements, but it can increase existing tensions.

The desire to outsource all tasks
Many business owners seek spain email list a simple and universal solution to their problems from a consultant, forgetting that he has a limited understanding of the specifics of the company, unlike its owner. Although the help of external consultants in the restructuring process is extremely important, it should only be a supporting factor. If the owner cannot form his own vision of the future business, this will jeopardize the existence of the company.

Lack of employee engagement
The success of a company's restructuring largely depends on how well all employees understand its essence. Changes will not happen if the team does not support and believe in them. It is important to involve employees in the transformation process. This may involve not only sending out information letters, but also organizing meetings to discuss the need and details of the restructuring.

Download a useful document on the topic:

Checklist: How to Achieve Your Goals in Negotiations with Clients

Frequently asked questions about company restructuring
Restructuring of a company is a set of measures aimed at changing its internal structure and individual components. Depending on current conditions, the process may include modernization of management, changes in sales and marketing strategies, and adjustments to financial policy.

What types of structural changes will be implemented as part of the company's restructuring?
The procedure may include both the creation and liquidation of branches and representative offices (in accordance with Article 55 of the Civil Code of the Russian Federation), and changes in the composition of other separate structural divisions. In addition, internal divisions, including workshops, sections, and departments, may be created, changed, or liquidated.

During the restructuring, it is possible to resolve issues of creating subsidiaries, participation in other legal entities or termination of such participation, as provided for in Article 67.3 of the Civil Code of the Russian Federation.