A business turnaround strategy is a plan of action designed to stabilise an underperforming or struggling company.
We aim to put the business on a more sustainable footing during a period of stress, preventing failure and ultimately placing it on the path back to growth.
Our assessment process has been used by dozens of companies to identify the key areas of importance to get performance back on track.
With a heavy focus on data and analytics we provide robust recommendations for restructuring, rightsizing and optimisation. Working in partnership with your appointed restructuring team we will identify the opportunities to create revenue, leverage IP or create product extensions.
Our assessment framework
Culture.
The culture of a company is about more than the way things are done. It’s about the collective mission, the values of the people and their beliefs. Culture can be the hardest thing to measure and the slowest thing to change.
Talent.
Without people and their skills, there usually isn’t a company. And yet the saying you join a company a leave a boss holds true for many people. Understanding the people dynamics, how they interact and communicate within your company is essential to any transformation.
Sales and marketing.
The powerhouse of most companies, generating the necessary traction to keep a company growing. With symbiotic skills and very different people values. Often like oil and water but essential to make any transformation stick. The first area of the business to have a healthy customer obsession.
Operations.
The ‘how’ of the company. A detailed understanding of how business flows, the ways in which it creates bottlenecks and how it can revolutionise the working experience for most employees.
Finance.
Often the first place advisors look to understand the performance of a business. Is it growing, is it profitable, does it manage costs in line with revenue? Finance is the ultimate judge and jury and needs to be watertight.
