To enable us to best communicate with you about your needs, preposition us about your company issues by completing a secure client profile submission form.
For our business rescue services in terms of Chapter 6 of the Companies Act, see CRS Business Rescue Services.
Not all turnaround situations and client needs are the same.
Our turnaround consulting services vary from turnaround situation assessment only, to also including emergency management, and to additional deliverables associated with restructuring the company and delivering a comprehensive turnaround programme.
View how our turnaround consulting services are synchronised with the stages of a turnaround.
We supplement these with:
Our specialised turnaround workshops provide focus on and insight into clients' turnaround situations, and alignment around turnaround options and turnaround plans.
Presented by experienced turnaround practitioners, playing challenging and directive roles, these workshops employ turnaround tools and methodologies aimed at kick-starting turnaround action.
For more information, see Turnaround workshops.
Stage: Turnaround situation assessment.
For more information on our turnaround assessment service, click on the links below.
Stages: Emergency management.
Diagnostic Review plus crisis stabilisation and formulation of a detailed turnaround strategy and turnaround implementation plan.
For more information, see Emergency management service.
Diagnostic Review plus crisis stabilisation, then basic financial, strategic, organisational and operational restructuring to increase disposal value, followed by disposal.
For more information, see Quick fix and disposal service.
Diagnostic Review plus crisis stabilisation, and restructuring but leaving recovery, embedding and monitoring to management to complete.
For more information, see Turnaround kick-start service.
Diagnostic Review plus full turnaround management service, restoring troubled but viable companies to an improved and stable financial and operational position.
For more information, see Comprehensive turnaround programme.
Providing interim turnaround managers to manage the company as CEO or MD, or as functional managers e.g. Marketing Manager, Manufacturing Manager, etc.
Our turnaround coaching through turnaround tools and methodologies, and regular reviews helps smaller businesses that cannot afford a more comprehensive involvement.
Secondly, it helps companies that already know what they want to do to proceed on their own under the watchful eye of CRS Turnaround.
In both cases, the bulk of the turnaround work is conducted by the client itself.For more information, see the turnaround plans implemented during the turnaround restructuring stage.">turnaround recovery.
For more information, see Turnaround coaching.
Our turnaround mentoring services to corporate turnaround managers in the hot seat are offered by experienced turnaround managers who have been through the grindstone before.
Turnaround mentoring helps turnaround managers with their personal challenges including stress, time management, executive burnout, company politics and lack of support.
For more information, see Turnaround mentoring services
It is commonly understood in the turnaround management industry that a turnaround takes 2 years to complete inclusive of embedding and ensuring sustainability through monitoring, coaching and mentoring.
The Pareto principle, however applies - external turnaround consulting input can be drastically reduced after the initial effort as illustrated in the diagram on the right.
View the Pareto diagram of turnaround value added over time relative to the corresponding decreased need for turnaround consulting services.
If your company is underperforming or in financial distress, please contact Corporate Renewal Solutions to explain your situation.
To enable us to best communicate with you about your needs, preposition us about your company issues by completing a secure online client profile submission form.
Download, complete and email your CRS Turnaround Management Z-Score Excel spreadsheet back to us to enable us to rapidly determine your state of health.
We will make an appointment to come see you, at your convenience, to clarify your needs and help you determine an appropriate way forward.
Our turnaround philosophy is described in turnaround management.
Turnaround strategy describes our turnaround strategy model, stages of a turnaround, the various components of our turnaround strategy model, and how we draw up a turnaround plan.
"Supporting management with their turnaround efforts."
When providing turnaround support, we act as turnaround management consultants to either new or incumbent management in a partnering arrangement.
In such cases alignment with the turnaround plan is to be contractually agreed upon.
While we prefer to work on a risk basis, when acting as turnaround consultants we can only do so if:
"Managing a turnaround on behalf of the Board of Directors."
We take over management of a distressed company if requested to do so, and can do so at very short notice.
The typical situation giving rise to us becoming involved in turnaround management is when a board of directors decides that the present company leadership is not able to take the company forward, or if a CEO/MD resigns.
We prefer to provide turnaround management on a risk basis.
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Our turnaround consulting services are designed to be synchronised with the natural stages of a turnaround.