It is currently a turbulent time for many companies due to a challenging combination of unpredictable suppliers, falling market demand and a shortage of labor capacity. Timely intervention may be necessary as a result. Here, experiences from previous periods of uncertainty provide guidance:
- Manage a transformation or restructuring as a project with a direct link to management and shareholders. Disconnect it from the operation, and provide structure and focus.
- Guard against savings being realized not just on paper but in reality. It often proves difficult for line managers to actually implement savings.
- Communicate clearly, sincerely, transparently and don’t mince words.
- Cut deeper than you originally intended. Indeed, it is very difficult to make a second stroke.
We will get your company back on track financially and operationally. We get to the heart of the matter quickly and immediately add value through our experience in:
- Liquidity forecasts and financial validations
- Advice and guidance on restructuring
- Interim –, crisis and project management
- Independent management advice
Need more information? Get in touch with us!
