Turnaround
Management is a combination of science and
art. It involves the combination of great
people skills, the ability to quickly analyze
and resolve challenges, and manage business
improvement in a quickly changing landscape.
In most cases, creating
in a turnaround defines whether a company
will survive and prosper after a business
downturn or credit event. The very existence
of the firm can be threatened and the banking
and capital lifeline imperiled or cut. Often
key employees are not trained to address the
challenges of insolvency and cannot quickly
navigate and adequately respond to the challenges.
is created through immediate detailed assessment
and evaluation of the challenges, crisis management,
interim leadership in key roles such as CEO,
CFO, COO, and CRO (Chief Restructuring Officer),
and implementation of effective interim cash
flow, remediation, and effective operational,
or legal solutions and long-term financial
and operational solutions. Utilizing the expertise
we have developed in investment banking, Performance
Excellence, bankruptcy, and our ability
to lead change and raise capital, we provide
solutions to urgent needs. Our experts are
highly experienced in domestic and international
turnarounds and performance improvement.
We
represent both business owners and lenders
in providing successful turnarounds. Through
our expertise, proprietary business processes,
and access to Correct
Capital™
we have added
and produced successful conclusions in each
of our turnaround engagements.
Our
services
include: