After incurring losses of nearly $1 billion in 2008, and with debts of $8 billion, Pilgrim's Pride, a US poultry producer entered into bankruptcy protection in December 2008. The company set up an improvement team who determined that the company could be turned around rather than sold. A recovery plan was developed, operational problems analysed,…

BPIR Categories

14.3.2 Implement an improvement approach/method/technique
11.1.5 Manage financial risk

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