Publications
Publications
- March 1998 (Revised November 2004)
- HBS Case Collection
FAG Kugelfischer-A German Restructuring
By: Stuart C. Gilson
Abstract
A large German manufacturer of ball bearings and precision machinery experiences severe financial difficulty brought on by poor management practices, an ill-conceived acquisition of a former East German ball-bearings company, and an industry recession. The company hires a German professional turnaround manager who in past turnarounds of German firms has engaged in "U.S.-style" corporate downsizing practices including massive layoffs and asset sales.
Keywords
Accounting; Acquisition; Restructuring; Economic Slowdown And Stagnation; Machinery And Machining; Policy; Resignation And Termination; Management Practices And Processes; Performance Evaluation; Business And Shareholder Relations; Business And Stakeholder Relations; Europe; Germany; United States
Citation
Gilson, Stuart C. "FAG Kugelfischer-A German Restructuring." Harvard Business School Case 298-046, March 1998. (Revised November 2004.)
About The Author
