Restructuring a company can happen on all scales. Whether it’s within a founding team or a huge corporation, there are important common threads that are applicable across all business sizes to ensure value creation. On this episode of This Much I Know, we have a very special guest, Managing Partner Carlos Espinal’s father, Carlos Espinal Sr, Business Transformation & Restructuring Specialist, to discuss restructuring lessons that founders and CEOs can apply to their startups. Carlos Senior shares several past professional experiences that shaped his knowledge and understanding of how to best restructure a company. Carlos and Carlos discuss the importance of honest and transparent communication with stakeholders, identifying the root cause of a company’s problem, assessing the quality of a team on delivery outcome, and the key ingredients within a transformational plan.
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