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
Rendite & Resilienz – Private Equity in Zeiten der Unsicherheit
May 27, 2025
Eigentlich verläuft in der Private-Equity-Branche Wertschöpfung nach Drehbuch. Was aber, wenn wirtschaftspolitische Irrationalität die Finanzmärkte durcheinanderwirbelt?
ALVAREZ & MARSAL STRENGTHENS AUSTRALIAN RESTRUCTURING TEAM AMID GROWING MARKET PRESSURES
May 15, 2025
A&M adds senior leaders Jason Tracy and Glen Kanevsky to support rising demand for restructuring and turnaround expertise.
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.
