opportunity

  

Definition

Exploitable set of circumstances with uncertain outcome, requiring commitment of resources and involving exposure to risk.

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Management Changes can Help a lot With Timing

Management changes can help a lot with timing. If a board of directors is serious about restructuring, they'll often hire someone from a best-in-class company to make it happen. Those people aren't cheap, which shows the board is serious, and the fact that the person is willing to come indicates they think they can add value. An executive from a first-class company taking over a laggard can mean an opportunity is ripe for the picking.

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