NTL is the largest cable company in the United Kingdom. The company has recently declared bankruptcy and needs to engage in restructuring in order to give it more flexibility and allow it to raise capital. Since it has identified the need for strategic change, what would be the organization's next step in this strategy-making process?

Question

Quizplus · Accepted Answer

After identifying the need for strategic change, the next step is to conduct a situation analysis to understand the current state of the organization and the external environment.

NTL Is the Largest Cable Company in the United Kingdom