- Develop an integrated (inter-department) recovery program that includes: the strategic business plan, the operations plan, and the financing plan.
- Understand the viewpoints of the various stakeholders in the recovery of your business.
- Apply management tools to analyze the business environment, plan and organize limited resources to manage the business, and possibly raise fund from alternative sources.
- Monitor, track and calibrate progress of the business recovery plan over the course of the restructuring program.
- Participants will also learn to take an active role in the recovery of their business which requires a comprehensive program with a workable debt restructuring plan.
What You Will Learn
“Stop the Bleeding”
- Quick assessment of the situation
- Prioritize the immediate items the need to be addressed
- Conduct crisis management with your stakeholders
- Preserve your available resources
- Bring on board outside experts you may need
- Begin brainstorming strategies that will turnaround the situation
Making the Plan (Part 1)
- The “Nothing to see here, this is just a hiccup!” plan vs. “We need to change!” plan
- Review the current business model of the Company, identify areas that are contributing to the current “crisis”.
- Rethink your business model.
- Plan accordingly
Making the Plan (Part 2)
- The Financial Model – a key analytical tool
- Building Up Your Revenues
- Accounting for all Expenses
- What is the resulting Cash Generation
Making the Plan (Part 3)
- Key considerations when formulating the financing plan
- Stress testing your financial plan
Presenting the Plan (Managing the Pain)
- Remember your stakeholders. What are their pain points?
- Negotiating the Plan.
- Monitor progress of the Plan.
- Use the tools to create your own strategic turnaround plan and present said plan.
Participants should be able to build the foundations for a turnaround plan and avoid a second debt restructuring down the line.
Who Should Attend
This program will benefit CEOs, CFOs and other members of senior management. Senior finance managers will find the tools most useful as they are the likely heaviest users of the tools taught during the program.