Managing business and financial turnarounds

Adding real value to your business.

• directors, senior executives and experienced finance staff who wish to contribute to the strategic and operational development of their business, particularly those whose sectors are under pressure
• finance professionals who wish to become a stronger business partner to their executive management team.

Turnaround techniques can benefit all businesses, not only those in acute distress.

Play a more proactive role in adding value to your business with:

• a turnaround toolkit for everyday use, detailing the phases of implementation
• valuable insights from past turnaround cases
• the chance to work on your own business issues
• a method of dealing with performance difficulties and dilemmas in a new way.

Tony Grundy MA MBA MSc MPhil FCA PhD, is an independent consultant, a visitor in corporate finance at Henley Business School and has been senior visiting fellow at Cranfield School of Management for 15 years.

Tony has extensive practical experience of turnaround, restructuring, mergers and acquisitions, managing economic value, performance improvement and strategic cost management gained at KPMG and independently over 25 years. He has evolved a unique set of tools for developing and evaluating business and financial strategies. He has also researched and published material on this topic, being the author of 17 books.

9.00am Registration and coffee

9.30am Introduction and objectives.

9.45am What is entailed in the turnaround process:

• the phases
• the way the process is managed and its style
• the skills and tools needed.

10.30am How to be more innovative in thinking about your business

• model – with brief case study on Virgin Galactic.

11.00am Break

11.20am Performance diagnosis using performance driver and root cause analysis.

11.45am Feedback.

12.00pm Examining your own business model: using the business value system and option analysis.

12.30pm Feedback.

12.50pm Summary of the lessons so far.

1.00pm Lunch

2.00pm Dealing with challenging environments

• e.g. recession – threats and opportunities, and scenario processes.

2.15pm Dealing with costs

• strategically
• with value and cost drivers.

2.25pm Work on own options in pairs.

2.50pm Feedback.

3.10pm Break

3.30pm Major turnaround case - Champneys

• bringing it all together
• what happened, and why.

'The strategy audit', and the role of stakeholder management and influencing.

4.45pm Final lessons and learnings and opportunities for future career development and applying the tools and processes, especially stakeholder analysis.

5.00pm Close of seminar

6 CPD hours (where applicable)

Course materials, a light lunch and refreshments are provided.

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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