Restructuring, Turnaround, and Transformation

Any form of a change in the firm’s external environment or disruption can cause a problem for established firms because these firms find difficulties in coping with it. The reason for this is that firm’s environment changes faster than the pace at which it can absorb this change or respond to it. Internally, organizational inertia or resistance to change is another reason that generates a slower response to change. As a result, over time firm’s strategy fails to keep pace with the changing environment, a condition that is described as “strategic drift.” Strategic drift is the performance gap between your current performance and the expected performance of your current strategy. When the gap widens firm’s performance starts to further decline which weakens its competitive position in the marketplace. The recent COVID-19 disruption has caused market turbulences, uncertainties, unpredictability, and rapid unprecedented changes to the world’s business environment, resulting in creating wide performance gaps across firms and industries. To undertake change, firms must respond fast, forceful, and reactively due to the changing environment. The end results of reactive strategic change fall along a continuum from narrow to wide performance gaps depicting requirements from restructuring (realignment, reconstruction, etc.) to complete transformation, respectively. The problem-solving approach we select will depend on your firm’s current situation and what change is needed to address the decline in performance and restore (using current or new strategy) your organization to its competitive position.

With our expertise, experience, insights, and strategic change management tools, we can collaborate with you to deliver the required change, including corporate restructuring: financial and operational, and value creation to restore your organization’s competitive position. We can also assist you in managing pre-emptive step chances to manage potential future threats.

Our strategic change: restructuring, turnaround, and transformation consulting services include:

  • Current situation and change context analysis.
  • Identify and define the performance gap.
  • Development of new change: restructuring, turnaround and transformation strategies.
  • Design of implementation path.
  • Capability development.
  • Scenario analysis.