Turnaround services

Turnaround Teams

Icknield can provide the Turnaround Team which deals with the whole of the turnaround cycle comprising:

• Crisis stabilisation
• Turnaround strategy creation
• Restructuring
• Turnaround implementation

If a specialist skill needs to be brought in to address a particular area e.g. supply chain then Icknield can deliver the solution through its network of contacts.

Turnaround Strategy

When a turnaround strategy is needed Icknield works with the management team to develop a deliverable plan, agree the plan with stakeholders and help implement the changes needed for the it to succeed.

The key areas we would typically be involved with are:

• Creating visibility of the true underlying operational and financial performance

• Identifying the drivers of under performance

• Managing the production of realistic “as is” and post turnaround projections

• Producing an action plan to address each element of under performance

• Obtaining stakeholder support

Example – Paramount Restaurants Case Study