turnaround model

Turnaround Model

Turnaround & RecoveryThe common perception

Performance

Time

Performance

Time

Turnaround & RecoveryCommon perception and potential consequences

Consolidated recoveryPerformance

Time

Bottoming out

Sustainable growth

Decline can either beTraumatic or slow

Turnaround & RecoveryOur approach

Point 1DiagnosticPoint 2

Create a window of time•Debtors/Creditors•Crown Moratorium•Sell stock•Re-negotiate bank debt•etc

Point 3Develop Recovery Plan

•Marketing & Sales•Aggressive cost reduction•Re-finance•Diversify•Management•etc

Point 4Implement Recovery Plan

•Management structure•Financial package•Change•Innovation•etc

Point 5After care

•Monitoring•N.E.D.•Mentoring

The Five-Point Plan

The life cycle of a business - Different Management styles

Growth Consolidation Crisis

Management Style

Entrepreneurial Structured Turnaround

Life cycle stage

The emotional state of the owner

Continuous Improvement

The competition or ‘b

est practice’

STEP CHANGE

Introduction of effective change