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Turnaround, Strategic Planning and More

Turnaround assessment

and leadership

Sometimes things go wrong. Typically, it takes somebody new, an outsider, usually on a temporary basis, to recognize the reality and to help find the solutions.

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A turnaround leader has to take a new, fresh look, without being tied to long-term perception of the business and its fundamentals, and, unfortunately, without being too close to the personnel.

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A turnaround leader must take a clear and courageous look at simply everything, to turn each stone over and at any corner, to understand the brutal reality, and to take bold necessary steps to restructure the business and get on the right path.

 

Our executives have faced and led various turnaround situation that involved multiple scenarios, from business restructuring and refocusing, elimination of departments and business units, major cash flow constraints, WFR (Work Force Reduction), a shift in market and product focus, M&A and more. 

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The process would start with discovery and assessment sessions, general recommendation, and detailed plan, followed by implementation.

Strategic Planning - business analysis, budgeting and more

Though the creation of an annual strategic plan and budget is a common practice at larger companies, small to mid-size companies usually do not go through the process thoroughly, mainly because they do not really know how to, and do not fully comprehend the importance. 

 

Business always surprise and somewhat unpredictable. Creation of a solid plan will ensure that – 

  1. You do not get caught unprepared in case something goes wrong

  2. You take advantage of growth opportunities and get closer to your goals. 

 

Creation of a solid plan takes into account everything that impacts your business. Such as – 

  1. Market landscape

  2. Seasonality

  3. Available resources such as cash, inventory, manpower, space, technology. 

  4. Current signed projects

  5. Recurring revenue

  6. Existing clients

  7. Procurement, Vendors and COGS (Cost of Goods)

  8. Overhead expenses

  9. Owners personal plans and goals

  10. Investors and Loans

 

The strategic business plan main output is:

  1. Exact “marching order” and plan, by the department, to follow. 

  2. Detailed monthly budget. The budget is being reviewed on monthly basis and being compared to the actual monthly and YTD  (Year To Date) results. Variances are being reviewed and might trigger red flags and additional management decisions.

Operations and Processes Optimization

Companies tend to grow, hiring an abundance of staff, and getting “fat”. That impacts the bottom line as well as the general performance of the business on many levels, such as delays on projects completion, customers’ satisfaction and repeat business, receivable collections, employees’ retention and more.


We got the experience and expertise to make your organization more efficient, optimized, and generate more profit.

 

We do this by using a combination of the following –

  • Learning your current processes, workflow and overall relevant circumstances, including supply chain, logistics, fulfillment, customers’ expectations and others.

  • The thorough review of actual job descriptions and current processes.

  • Looking for cross-departmental common denominators between the different positions.

  • Smart and cutting edge use of computer software and automation of processes.

 

When we complete the implementation of our recommendations, your operation would run smoothly, at a higher performance level and the business bottom line will improve.

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