Career Advancement

When to Call It Quits on a Business

Jan 09 202018m listen time

Overview

The business you are heading up isn’t making money. At what point should you decide to formally close things down? David Westhead, MD for Birkenstock in SEA, has been through this painful process. He offers some advice for how to communicate your reasoning to stakeholders, share the news with staff, and why accepting that you’ve failed might be the hardest thing of all.

Gain Actionable Insights Into:

  • Your legal considerations when closing down a business
  • How to preempt a potential public relations nightmare
  • Deciding whether closure really is the best path, or if there might be other options

Hosted by Pippa Woodhead

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