Turnaround and Crisis Management

  • A company that bleeds working capital and misses cash forecasts month after month will not likely be “fixed” with conventional advisory services.
  • Cloyses Partners has the experience and leadership skills to take direct action.
  • All turnarounds are characterized by surprises, ambiguity and incomplete information. Experienced leaders are needed to navigate these difficult waters.
  • We are retained to drive the revitalization of companies both as advisors to the Board of Directors, and as interim CEO, COO, CFO, CRO, CIO and CTO.
  • We bring a balanced sense of urgency to each situation; typically, significant changes will occur shortly after our engagement begins.

Action Assessments

Our operational, hands-on experience adds a fresh dimension to the evaluation process. We outline the current situation of the company, isolate the key success factors and design a plan of implementation with a bias for action. This allows for alignment of goals, the setting of specific performance targets and a roadmap for implementation. Financial audits play a critical role in assessing the picture of a company’s financial position. However, they don’t provide investors, lenders and other stakeholders a full picture of a company’s health.

Interim Management and Advisory Services

Implementation and Execution of the Performance Goals and/or a Liquidity Event

Depending on the requirements of the stakeholders, we implement action plans with a balanced sense of urgency based on years of senior management experience as CEO’s, CRO’s, COO’s, CFO’s, CIO’s and CTO’s. We customarily commence an implementation plan with:

  • Agreement as to which Partner from Cloyses Partners will assume accountability for the agreed upon objectives
  • Written agreement as to the process and deliverables for the assignment
  • Timing