Turnaround

The Emerton activities cover all potential stages of a turnaround or crisis management plan, each one with a different timeframe and set of stakes:

• Cash recovery plan
• Cost reduction program
• Strategic repositioning and execution of the related transformation plan

Emerton can mobilize senior resources in various types of set-up:

• Senior expertise to support the design of the plan (potentially combined to ad-hoc analytical work)
• Project management support to ensure the delivery of the plan
• Direct operational management of the turnaround plan by one of the Emerton Leadership transition managers

The team members Emerton can mobilize on such projects uniquely combine the mastery of turnaround technicalities (debt refinancing, execution of social plans) and deep sector knowledge, enabling to always keep a long term business perspective.

Recent case example: Direct management (as interim CEO) of the insolvency process of a manufacturer of telecom and industrial electronic components