January 27, 2011 --
Virgin Group's founder shares advice on leading a team through a restructuring or merger.
Virgin Group's founder shares advice on leading a team through a restructuring or merger.
Restructuring can be a difficult process. Even if you've done everything right, sometimes the company needs a new direction because circumstances and opportunities have changed. It is well known that over the years we have closed down or sold a number of the 400 or so Virgin companies we have created. Companies are tools designed to fulfill a particular purpose.
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