resetting the parameters

Many of the forces at work in today's world create situations which can lead to a requirement for Turnaround Management. In a crisis there is the need for a seasoned manager with broad knowledge and experience who is available at short notice and who can take management responsibility. Other situations occur either prior to disposal of a subsidiary or after the acquisition of a company when added focus is needed to give new impetus to change and improve financial results.

The principal objectives in a turnaround situation are to ensure the survival of the organisation or to make a rapid increase in it's value. Measures need to be taken which lead to an improvement in the return on capital as well as other major criteria employed in the measurement of efficiency.

Combining the skills acquired in a broad range of business environments with the ability to analyse, decide and act quickly, it is possible to improve productivity and efficiency and give the organisation the best chance for the future. The basis of our intervention is a restructuring concept which is presented to the client's management for approval. After approval, our collaborative way of working with the operational management smoothes the way for organisational change and the achievement of the goals.