CRISIS MANAGER

CRISIS MANAGERS

Crisis managers are skilled and carrot-and-stick

negotiating. “This is the best plan we can offer you and if you

can‟t accept it, we are prepared to file for protection where you will receive less and it will take much longer to get you paid.”

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops:

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#crisis #recession #turnaround #restructuring

A GEOLOGIST vs A CRISIS MANAGER

A GEOLOGIST vs A CRISIS MANAGER

Look what happened to BP's CEO after the Gulf of

Mexico oil crises in April 2010. The chap was a geologist and he is

not a crisis manager by all standards. When the crisis knocks on

your door. Be open and give a news conference and tell the

analysts that the company is in trouble and we have X number of

16options to deal with it. If option A fails go back and tell them that

we have failed and we are pursuing option number 2. Failing

that, a workout consultant can be hired. Workout consultants

are less expensive than bankruptcy lawyers and typically

operate more rapidly. The crisis manager must buy time and

trust. Why should creditors trust him or her? Because in

bankruptcy, the creditors will receive less money and will have to

wait longer to get paid. Legal fees will eat into payments to

creditors.

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops:

http://www.amazon.com

http://www.amazon.co.uk

http://abebooks.co.uk

http://www.exclus1ves.co.za

http://www.kalahari.co.ke

http://ww.infibeam.com

http://www.booksprice.com

http://bn.com

http://kalahari.co.za

#CRISIS #TURNAROUND #DOWNTURN

SUCCESS OR FAILURE

SUCCESS OR FAILURE

Success or failure in a workout usually is determined by how

effective the crisis manager is in convincing the company’s

creditors that no matter how many stories they have heard, no

matter how many checks were being put into the mail and no

matter how grossly unfair their treatment, the crisis manager will

get them paid if they cooperate. If the creditors do not trust the

Company’s chief executive officer (CEO), then the company’s

crisis manager should be another executive within the company

whom they do trust. If the CEO cannot be trusted then he or she

must go. Look what happened to BP's CEO after the Gulf of

Mexico oil crises in April 2010.

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops:

http://www.amazon.com

http://www.amazon.co.uk

http://abebooks.co.uk

http://www.exclus1ves.co.za

http://www.kalahari.co.ke

http://ww.infibeam.com

http://www.booksprice.com

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http://kalahari.co.za

 #RESTRUCTURING

BOOK TITLES by Prof John Chibaya Mbuya

Book Titles by Dr John Chibaya Mbuya

The Aids Epidemic

Drug Abuse

The Wit and Wisdom of Restructuring Strategists

The Rise and Fall of Saambou Bank

Holistic Management

Women and Child Abuse

The Pillars of Banking / The Bible of Banking

Fundamentals of Risk Management

Fundamentals of Credit Risk Management

Risk Management Philosophy

Holistic Risk Management

Risk Management Strategy

Money Laundering

The Evolution of Money

Bank Credit Risk Management

Functions and Nature of Banking Business

Risk Management Classical Case Studies

Bank Securities Management

Relationship Banking

Risk Companion

Mugabe’s 21 Dictatorship Strategies

Strategic Management Terms, Definition

Learning Intervention Guide

The Bible of Banking: Volume 1

The Bible of Banking: Volume 2

HIV / AIDS Epidemic

The Good the Bad and the Ugly

Corporate Governance and Culture

Women’s Health Women’s World

Grooming and Etiquette

Natural Treatment VS Orthodox Treatment

Enterprise Wide / Holistic Risk Management

Advanced Credit Risk Management

Health for life through Nutrition

Bank Securities Management

Who is your real Enemy

PUBLISHED BOOKS BY Prof John C. Mbuya

2014  Book Publications

Chibaya Mbuya J (2014)  Principles of Management, ISBN 978-0-9946619-0-6, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Entrepreneurship, ISBN 978-0-9946619-1-3, Cape Town: Reach Publishing

Chibaya Mbuya J (2014) Small Business Management , ISBN 978-0-9946619-2-0  , Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Principles of Finance , ISBN 978-0-9946619-3-7, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Marketing Management, ISBN 978-0-9946619-4-4, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Introduction to Work Behaviour, ISBN 978-0-9946619-5-1 Cape Town: Reach Publishing

Chibaya  Mbuya J (2014)  Organizational Behaviour, ISBN 978-0-9946619-6-8, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Human Resource  Management, ISBN 978-9946619-8-2, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)   Buyer Behaviour, ISBN 979-0-9946619-9-9, Cape Town: Reach Publishing

Chibaya Mbuya J (2014)  Sustainable Modern Woman’s Health, ISBN 978-0-620-63009-2, Cape Town: Reach Publishing

FILING FOR PROTECTION

FILING FOR PROTECTION

But filing for protection under Chapter 11 stretches the

reorganization process from nine months to four years, on

average, and is at least ten times more expensive than an

informal reorganization. This means that creditors of a troubled

company almost always will receive more money in an informal

reorganization than via bankruptcy proceedings. The crisis

manager can shorten the reorganization process, outside of

bankruptcy court, from three months to nine months. If he or

she cannot ferret out “free cash” – that is, cash not designated

for specific creditors – or if he or she cannot negotiate an

informal plan or reorganization with creditors the debtor

company still can file for protection. The option is always there.

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops:

http://www.amazon.com

http://www.amazon.co.uk

http://abebooks.co.uk

http://www.exclus1ves.co.za

http://www.kalahari.co.ke

http://ww.infibeam.com

http://www.booksprice.com

http://bn.com

http://kalahari.co.za

 #crisis #turnaround

THE EMERGENCY OF THE INFORMAL RE-ORGANIZATION

THE EMERGENCY OF THE INFORMAL

REORGANIZATION

It was the restructuring of the federal Bankruptcy Act of 1978

that gave rise to the crisis manager who knows how to forestall

bankruptcy and liquidation. The 1978 act recognised that we will

in a credit-intensive society and that people and companies will

get into trouble by borrowing too much money. Creditors no

longer want to break the trading bench of debtors – the word

bankruptcy comes from the Italian banca rotta, “to break the

bench” – but to recover some of their money through the

reorganization and rehabilitation of troubled companies.

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops:

http://www.amazon.com

http://www.amazon.co.uk

http://abebooks.co.uk

http://www.exclus1ves.co.za

http://www.kalahari.co.ke

http://ww.infibeam.com

http://www.booksprice.com

http://bn.com

http://kalahari.co.za

 #Turnaround #crisismanagement