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form in view of the sales and production or service programme, ・ unsuitable staff in key areas of the organization, ・ outdated organization structure, ・ prioritizing the organizational form over the content, ・ the belief that a change in organizational structure will solve all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 | Uncompetitive market position: ・ outdated products and services, ・ products with a smaller added value, ・ lack of market research and response according to their own judgement, ・ bad marketing mix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development of employees with an unfair pay policy, ・ negative HR selection, ・ too many people with special statuses, ・ outdated methods of managing and dividing up working hours, ・ obstructive or toxic corporate culture, ・ lack of HR development strategy with no link to the strategic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. |