Corporate reorganisation: Turnaround consulting
Expert support for corporate reorganisation and turnaround management
‘Whatever works is allowed.’
Max Frisch
Swiss writer and architect (1911-1892)
There are various reasons why a company may find itself in financial difficulties and therefore in need of reorganisation. As an entrepreneur, you are now at a crossroads: only if the company is capable of being restructured at all, i.e. can be economically profitable again in the foreseeable future, does it make sense to invest in a rescue reorganisation. A reorganisation process involves complex processes and fundamental changes that require completely different experience and skills than day-to-day business.
We accompany you along the entire path of corporate reorganisation – from the development of a reorganisation concept with a going concern forecast to the professional implementation of a financial, strategic and operational restructuring. We help you to rediscover the essentials and guide you as a management consultant and/or interim manager with proven restructuring expertise to a strategically and operationally sustainable management team with which we successfully manage the turnaround together.
Your challenges
- Is your company facing an acute economic crisis?
- Do you urgently need to increase your sales figures?
- Are customers refusing orders because they don’t believe your company can continue as a going concern?
- Is your company threatened with insolvency?
- Do you urgently need additional funding?
- Is your company overindebted?
- Do you urgently need a new business and revenue model?
- Will the market entry of new, aggressive competitors seriously damage your business in the foreseeable future?
- Your customers will produce themselves (insourcing) what they have previously purchased from you?
- Foreseeable legal changes will make your business impossible?
Our corporate reorganisation offer
- With our unbiased view of your company, we look for and find quickly realisable solutions
- As neutral economic experts, we make sure that your financing commercial banks and/or other financiers give you the time you need to create a resilient reorganisation concept
- We help you to recognise and tap into internal financing opportunities
- We create a reorganisation concept for you with a continuation forecast
- In turnaround projects, we focus on the streamlined implementation of the necessary reorganisation measures
- We bring proven leadership skills and hands-on management to your implementation project
- Every day, we lead you a measurable way out of the crisis
Corporate reorganisation with Dr Boysen Management + Consulting – a creative process
Reorganisation is innovation. We see corporate reorganisation as a creative process with people in an obviously difficult economic environment. This creative process can lead to the search for a better way in a difficult environment, but it can also lead to a way out of a difficult environment. In either case, it is about the survival of the company.
Time is a critical factor for corporate reorganisations: successful restructuring requires a secure balance between creative action and tangible results. In order to master this balancing act, we make quick decisions together with you, communicate transparently and in a decision- and action-orientated manner and act swiftly and decisively.
You cannot expect these creative skills, coupled with the rigour with which negotiations must be conducted, from your team without external impetus, hands-on moderation and fresh leadership in the event of restructuring. As experienced management consultants and interim managers with proven restructuring expertise, we can guide your organisation with a steady hand through this challenging period of upheaval.
FAQ: Frequently asked questions about corporate reorganisation
What does corporate reorganisation mean for us?
The principle of throwaway behaviour is not only prevalent in consumer behaviour; it is also widespread in management. Truly sustainable reorganisation is rarely carried out. When people talk about reorganisation, the measures are often essentially limited to the liabilities side of the balance sheet. The effective levers for strategic and operational restructuring remain unused, perhaps even unrecognised.
Identifying a coordinated bundle of suitable levers with which companies can be restructured within a reasonable period of time and then actually moving these levers requires a keen eye, experience with system-orientated change processes and the willingness to contribute a high degree of personal energy and leadership.
How is the ability to reorganise determined?
Once it has been recognised that a company is in need of restructuring, a decision must be made as to whether the company is fundamentally capable of being restructured. The ability to be restructured certifies that the company can be managed within a reasonable period of time at returns customary in the industry and is able to regularly fulfil all agreed capital services.
Even if a company is capable of being restructured, this does not mean that the restructuring itself is authorised. Commercial banks, shareholders and other investors must then decide whether the restructuring is worth the effort involved and whether they want to take the risk involved in financing the restructuring. They have to decide whether the reorganisation is worthwhile.
What is important when reorganising a company?
Organisations in need of restructuring do not generate adequate returns and are prone to failure. However, these are only the visible effects of the fact that these organisations have lost the skills needed for stable and waste-free learning processes. Reorganisation means regaining these skills and putting them to use. Restructuring means quickly enabling the organisation to rediscover the essentials and returning it to strategic entrepreneurship and operational excellence in the long term.
It is important to eliminate cash drains immediately and raise fresh capital in order to restore solvency and achieve restructuring success quickly. Everything that contributes to this must be implemented. Unconventional steps must also be taken. Contracts must be scrutinised and payment commitments renegotiated. The only thing that counts is results.
Enquire about company restructuring now!
From the fundamental restructuring concept with a positive going concern forecast to the streamlined implementation of the turnaround concept, we support you with our restructuring expertise as dedicated management consultants and interim managers. Together, we will lead you a little further out of the crisis every day – and bring long-term stability to your company. Just get in touch with us!
Dipl.-Ing. Dr rer. pol. Werner Boysen
Dr Boysen Management + Consulting GmbH
We look forward to hearing from you
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