Our Services
Turnaround Management
Strategic Questions
- What happens if an area of my business is confronted with a major structural change in the market on a rapid downturn in demand?
- Who can help the business assess the impact of the change on the operational and financial performance of the company?
- Who can analyse the resulting cash flow forecasts and the impact on the company’s financial covenants?
- Who can help the business develop a comprehensive turnaround management plan to ensure the continued support for the business from all key stakeholders (the board, the senior management team, key customers, suppliers, creditors, lenders and investors)?
- Who can help the business explore options for restructuring which would be available to assist the implementation of the turnaround plan?
Approach
- Prioritise immediate actions that can preserve value
- Develop options for restructuring the business to fit the changes in the market structure and decline in demand
- Develop a clear statement of the company’s strategic direction embedded in a realistic assessment of the current market situation
- Develop a realistic assessment of the company’s revenue performance and sales pipeline
- Develop a rolling 13 week cash flow forecast
- Develop a realistic project plan outlining the critical operational improvements that can be implemented in the short term (up to 6 moths)
- Develop forecasting scenarios illustrating how the turnaround plan will be funded including the operational changes and revenue forecast.
Outcomes
- A comprehensive company led turnaround plan that will be used to ensure the continued support from all key stakeholders (the board, senior management team, key customers, suppliers, creditors, lenders and investors)
- Assistance with negotiations
- Assistance with execution of plan
- Coaching and mentoring the board and senior management team during the turnaround period