Turnaround: Diagnosis & Management

Business turnarounds can be extraordinarily complex...or not! The key usually rests with experience and rapid action. All turnarounds require a host of sophisticated business transactions and need to be directed by a knowledgeable and seasoned turnaround team; one with experience across a spectrum of industries and businesses.

Properly executed, an effective turnaround can be both dramatic and immediate. It can produce early improvements and set the stage for unprecedented growth and success well into the future.

This is the hallmark of SDW's turnaround practice. We enter situations that are difficult and sticky. Systems are broken, people are angry, vendors are screaming and lenders are impatient. Dire situations require immediate and definitive action. We quickly size-up the situation and issues, bring people together and refocus the business on the key levers to stop the downward spiral; we redirect the momentum toward a successful outcome. Our emphasis is on getting quick, measurable results by working closely with all the stakeholders.

We believe that it's irresponsible to arrive at a strategic recommendation in advance of the facts; therefore, we rigorously analyze the situation prior to developing the turnaround plan. We quickly develop a comprehensive fact-base that illuminates the key issues for management, all key stakeholders and us. Then, working together, we develop a reasonable turnaround plan that leverages the remaining assets and resources of the company to quickly drive results.

For more than two decades, SDW has led the way in business turnarounds. For companies large and small, we have achieved a record of unprecedented success. We have now evolved a proprietary process for turnarounds, applicable in virtually any circumstance. Part of the "Annual Physical for Your Organization" family of development products, our "100 Day Turnaround" dissects the most complex issues facing today's business enterprise, distills them down to their most basic components, and lays out a clear and achievable plan of action for improvement.