Turnaround Strategy and Management
When companies go through tough situations, cashflow crisis, major losses, shutdowns, etc., they need seasoned professionals to handle these delicate situations, as strategic partners. A three point strategy in assisting companies with complete turnaround.
Analysis:
Detailed analysis is undertaken to understand root cause of the problem, identify critical areas to handle, evaluate sensitivity of various crisis matters, review financials and contracts to safeguard assets and business on hand, etc..
Short Term & Long Term Plans:
Strategic action plans are built to blow out all major fires, undertake negotiations with bankers, lenders, and other stakeholders to get their approval of business strategy adopted. Separately day-to-day business strategy is adopted to ensure smooth execution of all critical ongoing functions, including tight monitoring of cashflows, new business conversion and costs.
Stabilize and Grow:
Post crisis management, we assist in stabilizing the business, building strengths and implementing growth strategy. Turnaround Management is not an easy task and requires a lot of senior talent involvement for strategizing the right action plan. Budgeting & Forecasting, with sensitivity analysis
•Cashflow and Cost Management
•Financial Analytics, Board and Management Reporting.
•Fund Raising.
•Contract Negotiations.
