Re-starting your company: Our "Turnaround" plan.

Restructuring and restarting a commercial enterprise requires 2 main skills: rapid analysis and a secure strategy. Through proprietary means our agents identify priorities and work directly to guide the company towards healthy commercial activities and restarting it, creating value and employment.

The main goal of our turnaround strategies is to save the company's true value-creating model and redirect it towards growth.

Companies are asked to create value for their owners and for everyone involved, from the employees and suppliers to their customers. Companies must always strive to create value, i.e. become more immersed in an environment of competitive growth and instability:

  1. Growing competitiveness in the marketplace
  2. Financial world instability
  3. Uncertainty in the real-world economy
  4. Fluctuating economic trends and brand marketing

In this scenario not all of the strategies implemented provide the desired results. Consequently, if the desired results are not achieved, the strategy needs to be changed quickly.

When a company is in crisis it's as if it has lost its way, wasting away day after day and no longer experiencing growth. The organization and its leadership lose focus and the strategy used in the past to guide it no longer seems relevant.

If there is a pressing need to make the necessary changes, we are then faced with a company crisis which is highlighted by very clear symptoms that cannot be underestimated or worse, neglected:

  1. A drop or elimination of company profits: how much is it costing you to generate sales?
  2. Cash flow crisis: the company does not create the adequate cash flow to run day-to-day operations; "we are in trouble".
  3. Increased reliance on bank funds and the misuse of credit extended by other companies: management searches for ways to generate the cash it needs but these are temporary solutions and if not implemented with a definite change of course in mind, the result is an increased indebtedness.
  4. Increased supplier debt: At a certain point, the suppliers become the bank.
  5. Crisis at the managerial level which results in disaffected stakeholders: the company loses the faith of the public; something needs to be done immediately.

This chain of events needs to be halted as soon as possible. Sphera Group, in partnership with its client companies, has as its objective the repair and re-launch of the company in need, putting in place a team of specialized professionals whose job it is to re-establish the trust between a company and its stakeholders and to allow it to once again to generate value.

Sphera Group's involvement in re-starting a company in trouble begins with a serious analysis of the company's internal data and an in-depth conversation with the people that operate within it. This phase involves all of the company's stakeholders: suppliers, financial institutions and customers.

previous
[facebook] [twitter] [linkedin] [blogger] [youtube] [the magazine post]