|
Turnarounds: Art or Science?
Sequel believes that successful turnarounds blend both art and science: art
in the skill, experience, and judgment required to articulate and execute an
effective turnaround strategy; and science in the diligent application of a
structured framework supported by appropriate resources. Sequel seeks to
integrate both art and science in implementing successful turnarounds, by
combining:
Speed. Sequel is ideally positioned to respond rapidly with an experienced
turnaround team to assess a situation, create a concise plan of action, and
implement strategies to preserve and maximize assets, minimize cash
hemorrhaging, and ultimately revitalize a business.
Committed Resources. Sequel brings a consortium of dedicated resources,
including Strategic Vendors with preferred pricing/service programs, to help
Sequel quickly generate cost savings and improved operating efficiencies.
Independent Intermediary. Sequel functions as a responsible intermediary
to validate strategies and mitigate destructive disputes between
lenders/investors and management.
Change Agent. Sequel provides a fresh perspective to challenge
idiosyncrasies and serve as a change agent to transition from old habits and
bad management practices.
Targets and Accountability. Sequel reinvigorates a company by establishing
achievable new targets and becoming accountable to those targets,
reestablishing credibility as the basis for renewed morale and improved
operating and financial performance.
Leadership. Sequel inspires organizations to exceed expectations through
leadership that articulates new visions while rebuilding business
fundamentals.
|