090728 Tm& Rr Presentation V02 00bn

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090728 Tm& Rr Presentation V02 00bn

  1. 1. Restructuring and recovery<br />Turnaround management<br />
  2. 2. About<br />Starting with 2008 Advanced Development initiated a new department, Restructuring and Recovery, as a response to the changes of the Romanian economy. This new department benefits from our huge experience in consultancy and business development. One of the most important services of this department is Turnaround Management.<br />
  3. 3. About<br />Our Restructuring & Recovery services have a dedicated team of experienced professions dealing with solvent liquidations. Our approach is heavily focused on meeting our clients’ requirements and concluding processes as quickly and as efficiently as possible.<br />Our expertise, experience and diplomacy, are all key to helping organizations negotiate sensitive and difficult situations, advising on action that will prevent further problems. <br />
  4. 4. What is Turnaround Management?<br />The process of evaluating an underperforming business to determine the cause of its problems. Further on, developing potential solutions to address the problems, selecting and implementing the appropriate strategies and course of action, and making corrections to the plan as circumstances warrant<br />
  5. 5. When Turnaround management is needed?<br /><ul><li> a response to a crisis
  6. 6. a major change in the business
  7. 7. lack of operating controls
  8. 8. insufficient demand, technology, suppliers
  9. 9. not understanding costumers and marketplace
  10. 10. poor lender/sponsor relationship
  11. 11. ineffective management style</li></li></ul><li>Stages of Turnaround Management<br /><ul><li> re-think firm’s strategy
  12. 12. triage activities due the market changes
  13. 13. improve liquidity against profit
  14. 14. restructuring of corporate debts</li></li></ul><li>Measures of Turnaround Management<br /><ul><li> stakeholder communication
  15. 15. evaluate and redesign the financial models in the current market
  16. 16. indicating the anticipated return to stakeholders
  17. 17. management and collection of debts
  18. 18. sale of non core assets including stock to generate cash</li></li></ul><li>Benefits of Turnaround Management<br /><ul><li>balancing different viewpoints
  19. 19. creditors (potentially new owners)
  20. 20. shareholders (potentially former owners)
  21. 21. costumers (source of revenues)
  22. 22. employees (caught in the middle)
  23. 23. fresh eye, knowledge and skills with complete objectivity
  24. 24. no political agenda or other obligations</li></li></ul><li>Conclusions<br />Turnaround Management is better than going into insolvency and for those who find the strength to recognize the need for change, the rewards can be enduring and lasting success. <br />
  25. 25. Contact<br />Headquarter:<br />32, Aleea Alexandru, Apartment 3, RO-014453<br /> Bucharest, Romania<br />Phone: +40-21-409.28.28<br />Fax: +40-21-230.37.38<br />www.advanced-development.com<br />

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