Interim and Crisis Management
Providing a steady hand at the helm
We rapidly fill gaps within critical senior management positions, ensuring immediate staffing needs are met. Our adept handling of communication processes spans stakeholders such as board members, employees, creditors, investors, and other concerned parties. Our recommendations enable you to realize significant financial benefits, improve customer satisfaction and increase operational efficiency. We lay the ground work for the full time hire while the executive search is on. A&M being at helm of affairs, while in crisis, gives confidence to market and stakeholders and a company is able to attract an experienced executive for the full-time role.
OPERATIONS STABILIZATION
Business continuity:
- Provide leadership support to stabilize operations
- Establish key communication channels to win trust of all stakeholders
- Assist in budget preparation
Stakeholder management:
- Identify and address employee / labour concerns
- Address key competency gaps and fill key positions
Market position:
- Assess market position and evaluate competition
- Articulate vision and risk management strategies
EXECUTION OF PLAN FOR TURNAROUND
- Create and execute a 100-day plan focused on:
- Working capital efficiency
- Revenue enhancement
- Cost optimization
- Collaborate with top management and identify key focus areas for long term performance improvement
- Develop implementation roadmap for performance improvement
- Identify client teams to run the initiatives
SET UP GOVERNANCE & REPORTING STRUCTURES
- Establish a governance structure to ensure visibility and timely reporting to all stakeholders
- Develop toolkits and setup communication guidelines and mechanisms for:
- Project management office
- Focused operating and financial MIS reporting
- Cash controls including cash management & cashflow forecasting