Corporate Turnaround and Restructuring

Are you faced with a critical performance situation where an effective solution is urgently needed?  Is the task large with dire consequences if you fail to fix the problem?

 
If that describes your situation, we have what you need.  The Stunsl Group provides the additional expertise and resources needed to turnaround and restructure a poorly performing business in order to avoid an imminent financial crisis, protect shareholder value, and transform it into a strong, ongoing enterprise. 
 
We apply our Discover, Synthesize, and Realize process to rapidly identify problems affecting cash flow and implement solutions that first stabilize the company and then return it to full health.  Our consultants have hands on experience turning around failing companies.  We will collaborate with you to develop and implement strategies that will effectively generate the results you seek.
 
In the course of completing a turn-around or restructuring we may recommend some of the following tools: 
 
  • Asset divestiture
  • Creditor negotiation
  • Debt renegotiation
  • Facility, asset, customer or product rationalization
  • Interim management
  • Liquidity management
  • Operations restructuring
  • Organization restructuring
  • Sales contract renegotiation

We understand the difficulty associated with turnarounds and restructuring.  Each of the bullet items listed above can be very difficult to implement.  Our experience will make accomplishing them more efficient and effective.  We are particularly sensitive to the impact restructuring can have on people in your organization and we conduct the process in a way that minimizes the stress on your organization and rebuilds morale in the organization when the process is complete. 

Practice Leader


Corporate Turnaround and Restructuring
Practice Leader

Client Impact

Telecommunications Company

 

A leading supplier of global telecommunication equipment based in Canada hired The Stunsl Group at the suggestion of the President of the Board of Directors after the company had just come though CCAA (Canada’s version of Chapter 11).  As a result of the restructuring, the firm completely outsourced all manufacturing, drastically reduced its operations group, and was starting to miss customer delivery commitments.

 

The Stunsl Group quickly assessed their needs and developed and implemented action plans.  Plans included organizational restructuring throughout the operations group and supply chain organization.  Stunsl identified new suppliers and renegotiated relationships with existing suppliers establishing global supply agreements which focused on cost and delivery improvements.  In addition, members of the Stunsl Group temporarily took on key leadership roles within the company as VP of Operations and Director of Supply Chain Management. 

 

A Sales and Operational Planning process was also developed and implemented allowing the company to continue its improvements after the engagement was completed.

 

Within 6 months the company was again meeting customer requirements and improving cash flow.