by Simon | Aug 31, 2016 | Turnaround Management
Making decisions with significant downside risks are a necessary reality of achieving a successful turnaround. Avoiding such risks/decisions is worse than doing nothing at all, while unfortunately the decisions often involve unattractive choices between “bad and... 
by Simon | Aug 15, 2016 | Turnaround Management
Before you start a turnaround, planning is always important. You need to have a detailed plan and focus on executing it well. Setting the right plan is imperative not just for achieving a successful outcome but also realising goals expeditiously and efficiently. To... 
by Simon | Aug 5, 2016 | Turnaround Management
A debt and/or equity transaction is often the best solution for turning around a company’s fortunes. If well managed it can be a panacea to the ills of an organisation, providing financial certainty which would not have otherwise been achievable except through a... 
by Simon | Jul 1, 2016 | Turnaround Management
Like it or not, banks and other financiers will be a key stakeholder in almost every turnaround with many situations arising when critical support from your banker is needed such as interim funding or waiving of a technical default. A strong relationship with your... 
by Simon | Jun 20, 2016 | Turnaround Management
Execution risk is all pervasive when a turnaround is being effected, if you get it wrong it can negatively impact all elements in a turnaround, from operations to strategy. Frustratingly, you may not and will never know why it went wrong. A business definition... 
by Simon | Jun 8, 2016 | Turnaround Management
Recruiting new C-suite executives is a necessity for many turnarounds. These people will be required to effect necessary change in an organisation and will hopefully bring new skills, enthusiasm and ideas to a management team. Some of the new recruits will be...