Topic/Area for Discussion
STM is a leading textile company established in 2008. It is vertically integrated organization covering complete range of operations from spinning to retailing. The management of STM Company has been facing a decline in sales and profits for the last nine months due to strong competitors. Now the management has decided to restructure the company. For this purpose you have been appointed as a management consultant. You are required to guide them about the possible actions the management should take while restructuring the company.