Success demands a clear path to results. Working with the management of a troubled or underperforming company, MCG helps develop a strategic plan that addresses challenges and opportunities, and builds on the core strengths of the company.
Today’s businesses face an increasing array of challenges, from rapid technological change to heightened competition and global economic uncertainty. This fundamental struggle with change, particularly in over-leveraged situations, has the potential to create a crisis environment rife with operational and financial problems.
Although corporate turnaround management exercises in Russia are no longer uncommon, the skills necessary to deliver the fundamental change required to turn around a business are far from common. Working directly with company management, MCG helps stabilize financial and operational performance by developing and implementing comprehensive profitability and working capital plans. During restructuring, MCG works alongside company management to develop a plan that makes sense and has good potential to be executed. We provide advice on specific aspects of the turnaround process, and help manage complex constituency relations and communications.