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Turnaround Management

NCT’s Turnaround approach combines short term survival with reorientation and securing the long term vitality. NCT’s team with years of relevant experiences and NCT’s partner’s cooperation with lawyers and auditors, ensures a successful Turnaround in any situation.

Dealing successfully within crises

Successfully dealing with corporate crises and the restructuring of the company put great demands on management. By acting fast and effectively it will be possible to prevent the destruction of company assets.

NCT support in this time critical process from the phase of acute Crisis Management up to the reorientation of the company and accompany the firm throughout the whole change process.

Insights: Business Function – Turnaround Management
In this report we take a deeper look at challenges and opportunities. What are the leading practices and critical success factors that deliver tangible business results? .

Interim & Crisis Management

NCT’s  Interim and Crisis Management roles support and guide companies through periods of distress or change. Companies that are underperforming, in any situation with challenged divisions may need additional experienced change management support to improve operational or financial performance.

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NCT approach

• Quick analysis of a situation, checking the company for its general capacity and suitability to manage the Turnaround
• Finding causes in a brief Turnaround and vitality check
• Rapid planning and implementation of immediate measures (liquidity management, etc.) to ensure the short term survival of the company or organization and the Turnaround
• Designing a Turnaround concept with operational measures to secure financing and improve results
• Developing a strategic positioning and a vitality program to ensure the sustainably successful development of the company
• Support in Turnaround negotiations and coordination of stakeholder groups (Investors, suppliers, customers, employees, creditors)
• Implementation support by providing a Turnaround team (or a temporary Turnaround manager)

Our Business functions

Our Business Functions insights: Manage Change together with NCT to achieve high Performance. Learn about our abilities to support complex, transformational change in your organization.

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