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The primary mission of the Crisis Management Practice is to provide
on-site senior level management and related consulting services for
companies in crisis. |
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We function as short-term intensive-care specialists to stabilize
the failing company. Then we introduce new concepts, actions and disciplines
that will permit its immediate and long-term survival. In many cases,
using a short-term crisis manager can be an attractive alternative
to making a permanent change during a stressful situation. |
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Our highly qualified senior management consultants have the special
skills required to stabilize a troubled organization, which are generally
not the same as the skills needed to manage and motivate long-term
re-direction and growth. |
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Our approach to crisis management is:
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ASSESSMENT AND DIAGNOSIS - We determine the company's viability
and identify major problems with a thorough business analysis focusing
on strengths and the potential for long-term viability. This assessment
study covers all aspects of the business, including financial data,
product lines, markets, organization, facilities, personnel and competition. |
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STRATEGIC PLANNING - We develop a tightly focused business
plan to stop the decline and return operations to a positive cash
flow as quickly as possible. |
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IMPLEMENTATION - We assist with implementation of the recovery
plan to any degree required by the client. For example, we can function
in an advisory capacity to help senior management consider alternatives
and reach major decisions. Or we can deal directly with customers,
creditors, lenders, suppliers, employees and union on behalf of the
company, acting as the CEO's official representative. |
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