A distressed company’s problems impact every aspect of the
business including finance, manufacturing, business processes,
sales and marketing practices, technology infrastructure, and human
resources. Beyond typical cost cutting strategies, our approach
provides the hands-on leadership and expertise needed to quickly
affect meaningful operational and financial changes throughout
the company. We emphasize rebuilding the company’s stability,
credibility and value throughout every step of the engagement.
- Assess
- We quickly mobilize t rnaround professionals with the experience
and expertise to gather data from multiple sources and locations,
and deliver an accurate financial picture and critical analysis
in weeks, not months.
- Act
- Our calm, decisive leadership involves key employees
and support staff in a collaborative effort focused on implementing
real process improvements that create value rather than only cutting
costs.
- Resolve
- We resolve issues and regain trust in the company
by facilitating open communication between management and employees,
and with the company’s lenders, vendors and key customers.
- Renew
- We rework the balance sheet with reliable financials
and realistic forecasts on which to rebuild predictability and
credibility in the company, allowing financial partners, owners
and stakeholders to meet their goals.