It’s not hard to tell when your business is struggling, but finding the right turnaround process to help you navigate your way forward can be challenging. Mann and Associates advises financially distressed businesses to help them avoid terminal insolvency. We also assist non-distressed businesses to implement change management strategies and ensure their continuing financial health.
More than Financial Engineering
We can help you develop the right operational turnaround strategy to avoid serious financial restructuring, including back-to-basics business fundamentals, development of standard and repeatable operating procedures, and an achievable vision for future growth. We work not just with your finance department, but with your supply chain, operations, sales, and management teams to execute on the turnaround plan.
Specialized Skills to Manage Challenging Tasks
Operating in a distressed environment, where there is often a shortage of time, finances and human capital, requires a different mindset than running a stable business. Our team has been through these challenges many times, helping our clients navigate the path to recovery. We understand the stress these situations put on not just the business, but its people.
Execute the Plan
We build a plan with an understanding of what is required to execute and help you objectively assess your organization’s current capabilities. Our strong project and program management mindset helps identify the sequence of tasks required to achieve your objectives. Our multi-disciplinary approach will help build new skills, enhance team accountability and effectiveness and can even identify (and bridge) talent gaps