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“ Finding water in a desert” 24 th  March 2010  Oxford  Turnaround Management Association. By David Hole – Turnaround Practitioner
“ ..... a Turnaround Practitioner's view on creating solutions and finding the money to do it with. The work of the Turnaround specialist has become more difficult to execute because the traditional sources of finance are no longer readily available. “ David Hole CEO & founder of Greenfield Restructuring Services & Minerva Training Associates & Alexander Business Consulting discusses his experiences of the last two years and suggests options for the foreseeable future.  David has 23 years experience of the Turnaround / Restructuring market, has previously worked for  International, National, Regional and specialist firms of accountants. David is also a main board director of the Turnaround Management Association (UK) and is responsible for Education. In the last two years he has dealt with its Membership and PR aspects. He has a passion for the turnaround mindset.  Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE  All contents copyright – GRS 2010
Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE  All contents copyright – GRS 2010
1 - Analogy ,[object Object],[object Object]
2 - Market Observations ,[object Object],[object Object],[object Object],[object Object],[object Object]
3 - Context ,[object Object],[object Object],[object Object],[object Object]
 
Adapted from Maslow’s Hierarchy of needs. Level 3 – Self Actualisation  – Hedging to protect the P & L account Level 2 – Keep to the larger picture.  Preserve credit ratings, secure credit lines, issue bonds for growth & take adv of strategic opportunities.  Level 1 – Physiological & Safety  level = Liquidity.  Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE  All contents copyright – GRS 2010
4 – Rebalancing businesses for  the future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
5 – Corporate Treasury ,[object Object],[object Object],[object Object],[object Object]
6 – Internal Sources ,[object Object],[object Object],[object Object],[object Object],[object Object]
7 – External Sources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
8 – Internal Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
9 – External Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
10 – SME’s & OMB’s ,[object Object],[object Object],[object Object]
 
 
 
11 – Personal case studies ,[object Object],[object Object],[object Object]
12 – Q & A
13 – Tips & Recommendations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Oxford Turnaround Management Association meeting

  • 1. “ Finding water in a desert” 24 th March 2010 Oxford Turnaround Management Association. By David Hole – Turnaround Practitioner
  • 2. “ ..... a Turnaround Practitioner's view on creating solutions and finding the money to do it with. The work of the Turnaround specialist has become more difficult to execute because the traditional sources of finance are no longer readily available. “ David Hole CEO & founder of Greenfield Restructuring Services & Minerva Training Associates & Alexander Business Consulting discusses his experiences of the last two years and suggests options for the foreseeable future. David has 23 years experience of the Turnaround / Restructuring market, has previously worked for  International, National, Regional and specialist firms of accountants. David is also a main board director of the Turnaround Management Association (UK) and is responsible for Education. In the last two years he has dealt with its Membership and PR aspects. He has a passion for the turnaround mindset. Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE All contents copyright – GRS 2010
  • 3. Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE All contents copyright – GRS 2010
  • 4.
  • 5.
  • 6.
  • 7.  
  • 8. Adapted from Maslow’s Hierarchy of needs. Level 3 – Self Actualisation – Hedging to protect the P & L account Level 2 – Keep to the larger picture. Preserve credit ratings, secure credit lines, issue bonds for growth & take adv of strategic opportunities. Level 1 – Physiological & Safety level = Liquidity. Greenfield Restructuring Services Ltd T/A GRS, Grosvenor House, 45 The Downs, Altrincham, Cheshire. WA15 8EE All contents copyright – GRS 2010
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.  
  • 17.  
  • 18.  
  • 19.
  • 20. 12 – Q & A
  • 21.