“Trust the gut” – how intuition can deliver better business outcomes

With deteriorating operating conditions, numbers to crunch, and stakeholders to manage, a restructuring process can be chaotic and uncertain, but keen intuition can be a great help in making the right decision.

In today's data-driven world, the suggestion of using one’s own intuition to make a decision has become a taboo in the boardroom. After all, numbers, as any business mantra goes, don't lie. However, KPMG Australia's Head of Turnaround and Restructuring Services Gayle Dickerson recalls a restructuring engagement where the numbers didn't paint the complete picture. "If you just looked at the balance sheet and the assets, you would shut it down," Ms Dickerson described the e-commerce bu...

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Authors: Gayle Dickerson

Published Date: 10 October 2024