We help businesses which are underperforming, in distress, or experiencing a cash crisis to resolve strategic, operational, and financial issues. We act quickly to help you regain control. We can work with you and your stakeholders, reviewing your financial and operational structures and rapidly implementing value-rebuilding strategies such as:
If necessary, PwC can assign a "Turnaround Director" to your company, to act as its chief executive and take full responsibility for the company's operations.
Recognising that management teams may lack experience in turning around a business, we introduce experienced turnaround professionals who can step into executive or advisory roles in the business, such as chairpersons, CEOs, CFOs, and chief restructuring officers; operations, marketing, human resources, and non-executive directors; and advisers/mentors to boards.
We have immediate access to candidates from our own network of independent turnaround professionals, all used to operating at the board level in businesses in crisis and those requiring rapid change.