Inadequate competency of the management:

・ bad business decisions,

・ operating without strategic orientations,

・ delayed reactions,

・ lack of interest and motivation,

・ unobjective or misleading planning,

・ lack of vision as well as a marketing mindset and conduct,

・ use of old, previously used business models,

・ lack of transparency in operations and lack of traceability in processes,

・ lack of monitoring for signals from the environment and passiveness,

・ relying and waiting for outside aid,

・ unrealistic evaluation of future possibilities,

・ unsuitable style and old, previously used management concepts,

・ poor supervision of execution,

・ unplanned exchanges in generations with conflicts,

・ etc.

Obstructive organization structure:

・ too many hierarchic levels,

・ elements of bureaucratic management,

・ unsuitable organizational form in view of the sales and production or service programme,

・ unsuitable staff in key areas of the organization,

・ outdated organization structure,

・ prioritizing the organizational form over the content,

・ the belief that a change in organizational structure will solve all problems,

・ lack of comprehensive and systematic organizational solutions,

・ etc.

Uncompetitive market position:

・ outdated products and services,

・ products with a smaller added value,

・ lack of market research and response according to their own judgement,

・ bad marketing mix design and its individual components,

・ errors when forming selling prices,

・ excessive dependence on foreign supplier channels,

・ too expensive sources of supply and the lack of marketing to suppliers,

・ incorrect assessment of the market and consequently also marketing investments,

・ issues with products (services) that then require withdrawal from the market,

・ failure to manage the service part of the value chain,

・ failure to manage costs that directly reduce competitiveness,

・ unsuccessful brand policies,

・ etc.

Problems with the management of co-workers:

・ recruitment that does not follow principles of the professionalism and suitability of staff nor that of a better successor,

・ chaotic fluctuation without the transfer of business (handovers),

・ unsuitable qualification and age structure,

・ ineffective motivation and development of employees with an unfair pay policy,

・ negative HR selection,

・ too many people with special statuses,

・ outdated methods of managing and dividing up working hours,

・ obstructive or toxic corporate culture,

・ lack of HR development strategy with no link to the strategic goals of the company,

・ personal disputes and conflicts,

・ employment outside of the principles of professionalism and qualification,

・ etc.

Too expensive production and ineffective logistics:

・ insufficient quantity and value productivity,

・ outdated technological process and mechanical equipment,

・ lack of development and innovation,

・ lack of comprehensive quality management (of products and processes),

・ inability to separate between the core processes and complementary activities and the consequently inappropriate cost structure,

・ investments in the production and technological process without prior market research,

・ lack of modern technological and production expertise,

・ frequent returns of products as well as repairs and refunds,

・ continuous temporary process interruptions,

・ etc.

Neglected financial function:

・ failure to manage corporate finance principles,

・ failure to manage financial resources,

・ unsatisfactory supervision of the liquidity situation,

・ insufficient internal financing,

・ failure to manage financial risk,

・ not effective enough warning system,

・ unsuitable accounting system (e.g. the distribution of overheads),

・ disregard for well-known principles and rules of financing,

・ uneconomical handling of instruments for the security of payables and receivables,

・ lack of a regular (daily, weekly, monthly) review of financial performance indicators (only on an annual or semi-annual level),

・ undeveloped controlling function,

・ failed investments,

・ etc.

Inefficient information system;

・ lack of information that is crucial for ongoing business decisions,

・ mismatch between the hardware and software with the company’s characteristics,

・ exaggerating with a large amount of analytical data and reports that no one uses,

・ the belief that all problems can be solved with the most high-tech equipment and including more outside associates,

・ too great a reliance on the most up-to-date ICT,

・ etc.

Inadequate research and development:

・ underestimating the value of R&D for future success and consequently not enough investment into R&D,

・ initial development projects are not backed by marketing and finance,

・ the role of R&D is implemented without any clear strategic concept in relation to the vision of the development of the entire company,

・ despite extensive investment, there are no innovations ? poor use of invested funds,

・ traditional products are more favoured in relation to innovative solutions,

・ etc.