When organisations are facing a crisis, such as cash flow problems and/or possible
default on funding repayments, PwC acts as a catalyst working alongside management
and stakeholders and encouraging all parties to work together. In highly emotive
environments, we deliver quick and effective results.
We are experts in stabilising and creating platforms for recovery and growth.
Our specialists work with management to deal with financial underperformance
through stabilising the business, buying time to manage key stakeholders and
build a strong platform for the future.
PwC has a strong track record in managing stakeholder relationships and significant
expertise in crisis situations where there are financial, resource and time
constraints. In the short term, we stabilise the financial position of the business
and obtain both management and stakeholder buy-in. In the longer term, our role
is to rebuild confidence and relationships whilst helping management regain
control, keeping all parties informed every step of the way.
Potential issues
- There is increasing tension with stakeholders
- Your business has or anticipates cash flow problems
- You may be about to breach funding covenants
- You are experiencing increasing working capital levels
- You are issuing profits warnings or experiencing share price falls
- You are experiencing regular unexpected business surprises
- You are losing control of your business
How we can support you
- Stabilise the business quickly
- Rebuild stakeholder confidence in the business
- Buy time with key stakeholders
- Quick win cash generation opportunities
- Sustainable working capital improvements
- Management maintain or regain control
- Assurance that a third party is preparing for or managing a breach in covenants
- Drive robust financial information
More about PwC's crisis & stakeholder management services
- To manage the immediate crisis we establish a timeframe, setting out what
needs to be achieved and by when, and we fix immediate goals and work out
which objectives can be achieved in the short to medium term
- We deliver quick win cash generation opportunities
- We identify sustainable working capital improvements
- We have experienced resources to assist management in maintaining or regaining
control
- We can provide a senior resource from our turnaround panel to take on executive
positions to implement recovery plans