When a company has experienced a period of poor performance, we assist to acknowledge problems, consider changes, and develop and implement a problem-solving strategy.

Turnaround strategies are important as they mark a period of improvement, be it short-term or long-term, to bring stability to a company’s future.

STAGES OF THE TURNAROUND PROCESS:

STAGE 1: Recognising the need for the turnaround.

STAGE 2: Rapid appraisal of the situation.

STAGE 3: Crisis management and emergency actions.

STAGE 4: Stabilisation phase.

STAGE 5: Detail analysis and development of the recovery plan.

STAGE 6: Rehabilitation – returning to normal.