In 1981, shortly after Jack Welch became CEO of General Electric (GE), he issued a now-famous directive: Each of the company’s business units had to be number one or two in their markets; if not, they’d have to fix, sell or close it.
In this two-part series, we discuss why an objective Fix, Sell, Close assessment is a powerful strategy for businesses and investors looking to use their capital more effectively, and outline the benefits and potential scenarios for each option.
This first article focuses on the A&M approach to Fix, Sell, Close solutions, with a detailed examination of the “sell” route.
Download Insight
Road to Resilience: Insights From The 2024 Annual Turnaround Survey
April 4, 2025
The Australian economy is experiencing a complex period characterized by high interest rates, elevated insolvency rates and a strong stock market. Interest rates have surged to their highest level in 12 years, driven by persistent inflation, while insolvencies are at their peak in two decades.
THE A&M DISTRESS ALERT
March 13, 2025
The ADA assesses the robustness of balance sheets and earnings of thousands of companies across 33 countries, identifying companies that are in financial distress, as well as those with weak balance sheet robustness or weak performance.
A&M Swiss Debt Restructuring Moratorium Survey highlights record uptick in 2023
January 24, 2025
Alvarez & Marsal's new Swiss Debt Restructuring Moratorium Survey reveals a significant rise in procedures in Switzerland for 2023.
Surge in Swiss Debt Restructuring Moratoriums in 2023
January 24, 2025
The annual study released by global professional services firm Alvarez & Marsal (A&M) reveals a substantial increase in the use of debt restructuring moratoriums in Switzerland during 2023.
