Turnaround & Restructuring Strategy Journal was released EXCLUSIVELY for the Strategy Control Room, Advanced Level members. It's not available anywhere else. Only the Strategy Control Room (Advanced Level) members have access to this powerful new strategy journal.
In the Turnaround & Restructuring Strategy Journal we show you a complete study done by FC of restructuring the national postal office of an important European economy so that you can understand all the key analyses done and in what sequence, and how it should be presented to get the buy-in of the board. It's not theoretical. We show you the actual study. You will also find the blank template pages, which prompt you to complete the key analyses if you were to undertake a similar study.
WHAT IS A TURNAROUND & RESTRUCTURING STRATEGY?
WE DEFINE A TURNAROUND & RESTRUCTURING STRATEGY as the coordinated sequence of activities to cut costs, identify, and reinvest in a profitably growing business while closing, immediately selling, or fixing to sell businesses where it is improbable to affordably compete in an attempt to prevent cashflow problems and insolvency. These actions are usually preceded by years of failed strategy reboots, declining market share across the core businesses, and declining cash reserves with no reasonable path to profitable growth.
These are incredibly stressful studies with the only alternative outcomes being a sale or bankruptcy. Strategy teams have to move quickly to cut all non-essential costs immediately. They must simultaneously understand the market trends and company capabilities, assets and competencies, and which customers to serve in which parts of the value chain.
They must decide which businesses have the best chances of serving these customers profitably and which businesses drain cash. The teams must balance the investment needed to grow businesses supporting the new strategy while determining the cash flows to support that investment via cost cuts, closures, and sales.
Finally, due to the closures and sales, working with unions and local and federal governments becomes a critical requirement for management because labor costs are usually a significant cost bucket. Showing empathy and helping employees released into the market can help burnish the company’s brand.
If you were waiting for this journal to become available, now is the time to access it as part of the Strategy Control Room, Advanced Level. If you joined at an Advanced level of the Strategy Control Room today, you would find:
9 full engagements
31 proposals
Flipcharts
Layout guides
17Â strategy and problem-solving books which we do not make available anywhere else
2 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And moreÂ