What do Old Spice, Lego, Ford and Apple have in common? They all almost went under and were able to make turnarounds. The infographic below and the related post by Best Accounting Schools explains what went wrong and how they recovered.
While better bookkeeping might have made a difference, in each of these cases there were larger issues than just how they accounted for their income and losses. Each of them made major changes in management decisions and repositioned themselves to appeal to a wider market. Find out why they were dying and what they did to recover in the infographic below.
Do you find accounting or business management fascinating? Find resources in the related directories below:
- Accounting Associations
- Accounting Software
- Bookkeeping and Tax Preparation
- Business to Business: Financial Services: Accounting
- Computers: Software: Accounting