Turnaround Management

With the help of a professional insolvency team, better results can be produced for employees, creditors, directors and shareholders.

Moneys that are at risk can be protected and workout strategies can be developed to avoid bankruptcy or liquidation.

SV Partners' turnaround management team adapt specific solutions to fix a crisis. Our main focus is the long-term running of the business and the flow on effects accompanying it.  

What is Turnaround Management?

Turnaround management  sees the review and analysis to determine why a company is failing. Our experts will identify and protect the core business competencies and offer funding which in normal course could not be raised.

What is the cause of Turnaround Management?

A few factors can case Turnaround Management:

  • Change in market conditions put business at risk
  • New competing products which could put existing business activity at risk
  • Management does not have the skill set to go forward - often business is already strained because of past activity
  • Major failure in business control and management systems
What is the impact of Turnaround Management on key stakeholders? 
Having a turnaround management plan can have a positive outcome for key stakeholders. It can:
  • Play on existing Strengths
  • Overcome Weaknesses
  • Develop Growth Opportunities
  • Manage Threats
Role & Powers of Turnaround Management

The role of the turnaround manager is to provide an assessment of the economic circumstances of the business, manage short-term cash flow matters, handle stakeholders, develop actions to restructure the business model and develop a strategy on how the turnaround plan will be funded, including operational changes and revenue forecast.

What is the outcome of the process?

Our experts can offer a comprehensive company led turnaround plan that will be used to ensure the continued support from all key stakeholders  (the board, senior management team, key customers, suppliers, creditors, lenders and investors). Additionally, the outcome involves assistance with negotiations and with the execution of the plan as well as coaching and mentoring the board and senior management team during the turnaround period.

If you would like more information on turnaround management, please contact one of our expert advisors.

 

Contact our Corporate Insolvency Experts

If you have any questions relating to our Corporate Insolvency services, please contact one of our expert advisors.

 

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Handbooks

Download a copy of the SV Partners Corporate Insolvency Handbook.

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