Companies are established, grow and prosper and also go bankrupt during the course of a lifetime. However, how can it be possible that a company selling the same products in the same market manufactured by the same employees shortly after coming very close to bankruptcy subsequently turns into a flagship company? Is it possibly that only very subtle differences combined with the attitude of those involved are the factors which make a difference? Firm goals and brilliant leadership are the keys to successful business reengineering. Leadership is much more than mere management. An example taken from the machine-building industry emphasizes the significance of leadership for success.