Companies which are facing troubled times require the development and implementation of corporate renewal processes in order to return to solvency and to identify and fix the reasons behind unsatisfying market performances. Turnaround management addresses this issue and focuses on management review and SWOT analysis to determine the reasons behind the company’s current performance.
GCG Experts perform such analysis and develop long term strategic and restructuring plans which are continuously reviewed to ensure the company’s return to financial stability.
Companies worldwide continuously strive to improve their business’ performance and are constantly facing multiple challenges, first of all the identification of the key initiatives to focus on in order to achieve their goals.
GCG Experts help their clients to evolve, to constantly adapt to changing markets, to react promptly to opportunities and threats, and to protect their competitive advantage.
Companies which are facing troubled situations require the right mix of responsiveness, technical skills, and industry expertise in order to address the problem promptly. Key issues must be ascertained, additional financing might be required, and liquidity forecasts might be necessary.
GCG Experts’ clients can count on a dedicated, multi-disciplinary team of restructuring professionals, with the necessary resources to act quickly to assess a situation and recommend the appropriate course of action and strategy.
Some businesses will eventually face difficult situations where they will face the hard decision of whether or not entering into bankruptcy. There are several reasons for this, such as trying to preserve the value of an asset or business. The list of issues to deal with during such procedure is long and includes solvency issues, consolidation issues, fraudulent transfers, distressed business valuations, and so on.
GCG Experts liaise with creditors, debtors, lawyers, and other parties by providing a comprehensive array of bankruptcy and insolvency services, taking advantage of their significant experience in order to address their clients’ issues.
The stabilisation of core operations is sought by most companies by hiring specialised consultants for implementation of the specific systems. The issue with this strategy is that companies often face big problems once the consultant finishes the job, as the sustainability of these programmes in the long-term are not always guaranteed.
GCG Experts provide their clients with customised solutions aimed to build capabilities within their organisations and improve sustainability of these strategic programmes.
Facing bankruptcy or insolvency is an important and dramatic moment for a business, and can become even more cumbersome if they decide to proceed alone, without the assistance of trustful advisers.
GCG Experts assist their clients with approaching the bankruptcy procedure from all angles, by analysing the financial conditions and developing strategic plans on how to continue operations during such distressing times.
In case of liquidation, GCG Experts support in maximising the asset recovery, liaising with creditors, and filing claims.