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:
- Stabilising your business by implementing tailored crisis and stakeholder management
- Effective working capital management and turnaround
- Creating value through optimised exit from selected business areas
- 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.
More about PwC's business regeneration
Turnaround Director:
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 chairmen, CEOs, CFOs, chief restructuring officers, operations, marketing, human resources, 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.
PwC's interim leadership services help to:
- Manage stakeholder relationships while the CEO remains in control
- Introduce new management to provide leadership to the business during the turnaround phase
- Provide optimal value for corporations by disposing of or reinvesting in a non-core, or under performing asset, or in a distressed business
- Provide operational support – such as building a business plan that is supported by actions including key performance indicators for short- to longer-term strategies to achieve recovery and growth
