Business and Financial Turnaround Strategy Planning

Program Days:

December 4, 5, 9, 11, 13, 2023
1:30 PM to 5:00 PM
December 7, 2023
8:30 AM to 12:00 PM

(GMT+08) on all dates

PROGRAM FORMAT
Delivered online via live virtual interactive sessions in Zoom

PROGRAM FEE
PHP 30,990.00 or USD 564.00*
*The prevailing exchange rate at the date of payment may apply.
Let us know if you are interested to avail of early bird/group discount or discuss payment terms.

Program Overview

Even the most successful businesses have failed at some point in time in their corporate history. A Business Turnaround Strategy is essential as a revival measure for overcoming the problem of severe financial distress for any organization. It involves various approaches to convert a loss-making business into a profitable entity. A systematic investigation of the root causes of business failures and long-term programs is essential to revitalize the organization. Excellence in planning and execution also plays a vital role in turnaround management. The turnaround strategy’s success depends on the top-level management’s commitment and robust strategic planning.

Successful corporate turnaround success stories include popular companies such as Apple, FedEx, AirBnB, General Motors, Starbucks, and Netflix. They have implemented a business and financial turnaround plan to overcome those business challenges.

A Business Turnaround Strategy refers to the strategic processes needed to restore a current struggling business under financial distress to its former financial health and viability. A business turnaround strategy involves a reversal process to prevent a financially struggling or poorly performing business from insolvency and liquidation by returning it back to profitability, healthy assets and debt levels.

The Business and Financial Turnaround Strategy Planning Program is designed for senior management teams, financial advisers, and management consultants tasked with developing the Business and Financial Turnaround Plan for the company experiencing financial distress. The program will help participants develop a business turnaround plan whose key elements include a strategic business plan, financing plan, restructuring of the company’s bank debt, and, if necessary, the capital raising program needed to turn around the business.

Program Objectives

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.

Workshop

Use the tools to create your own strategic turnaround plan and present said plan.

Key Benefits

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.