Grip 21 has four convictions:

Enterprises are not doomed to failure. Business failures are generally caused by a combination of external and internal circumstances.
It would be foolish to believe that certain business are sure to excel while others, supposedly doomed to fail, should be banished to the corporate equivalent of a ghetto. Nowadays, entrepreneurs who lead their business to a court-supervised reorganization are blamed for their lack of success and must be punished. Their reputation is sullied and they can never recover.
Grip 21 wants this situation to change so that new opportunities can flourish when circumstances allow.

Failure begets failure
This principle is certainly relevant to corporate reorganizations, particularly in the case of court-supervised proceedings. Yet this legal discipline is treated like a toxic waste dump. Court appointees have lost all enthusiasm and provide no more assistance to the businesses in distress. Courts apply undisclosed legal principles, thus contributing to a suspicion that justice is favoring the strongest, or those who have chosen the right attorney, rather than those who have the best case under the law. Reorganization and bankruptcy judges dedicated to public service and the common interest feel isolated and may ultimately resign. Failing entrepreneurs, chastised and cast out by the entire business community, are vulnerable and may accept, out of fear, raw deals that they would have squarely rejected in better times.

Sustainable development principles applied to business operations are now eliciting considerable interest. While Grip 21 approves of this favorable development, we believe that this newly found interest is still too narrow as it is focuses exclusively on healthy ventures. Indeed, sustainable development seems to stop when business difficulties begin. Grip does not believe in a world where some leaders would define sound management principles while others would be destined only to defend themselves in court.

Implementing sustainable development in fragile enterprises is a concern for all businesses. Even large, profitable groups must take sustainable growth and value preservation into consideration when implementing their policies concerning, for instance,
- Subcontracting
- Outsourcing
- Extended group management
- Risk management, etc.

Lessons learned from real business experiences are more important than prejudiced judgments passed on those who did not meet with success. Grip 21 offers to contribute to a reasoned assessment of the laws as they affect the implementation of sustainable development.