Turnaround restructuring

Turnaround restructuring

The restructuring stage involves the implementation of the turnaround plan devised during turnaround situation assessment, and further improvement during the turnaround plan refinement stage.

Turnaround restructuring takes the form of:

The Corporate Renewal Solutions web site provide more information about how CRS Turnaround approaches these challenges.

Note that a change in leadership may already take place prior to or during turnaround situation assessment.


 

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Restructuring of the distressed company entails not only financial restructuring, but also the strategic, organisational and operational changes laid out in the turnaround plan.