Restructuring
NewSteps Consulting covers all phases within a restructuring with its expert knowledge and interim management resources. Our turnaround professionals deliver professional results in both strategic and results-oriented, as well as liquidity crisis situations. We quickly identify the key weaknesses and take action to successfully manage the turnaround.
Typical Challenges in Crisis
- Uncertainty and declining performance motivation among executives and employees, as well as loss of trust among external stakeholders (e.g. customers and suppliers)
- Lack of competence in implementing transformations in the workforce
- Allocation of necessary personnel capacities in day-to-day operations
- Leadership deficits and often change-resistant corporate culture
- Often heterogeneous shareholder structure with partially conflicting motives and goals
- The extent of the crisis is often underestimated - and countermeasures are initiated too late
Our Expertise in Restructuring
- Steering and implementing the entire restructuring project: from thorough analysis to continuous monitoring of success
- Developing scenarios (e.g. restructuring or sale) and operationalizing the restructuring program with clear objectives based on a vision for the future
- Defining and rapidly implementing measures to increase revenue while simultaneously reducing working capital and overhead costs
- Short-term implementation of change measures (material costs, operational processes)
- Collaborating closely with shareholders, stakeholders, executives, employees, and works council
- Mobilizing and motivating employees and executives
- Building trust with relevant internal and external stakeholders through professional communication (success stories and quick wins)
- Coaching the leadership team
Project request
NewSteps Consulting specializes in the operational management of companies in crisis. We support as interim managers within difficult restructuring and turnaround mandates - either as part of the management team or as a trusted advisor by your side.Get in touch with us and we will clarify how we can support you quickly and precisely. | +49 172 / 1430192 |
| Office@NewSteps.eu |