Corporate Revitalization and Redirection Constant change is the norm in business today. Yesterday's management direction may become today's liability. For companies slow to adapt, or Boards unwilling to make changes in a timely manner, financial viability may be at stake. When a downturn occurs, a company must divorce itself from the internal strife that nearly always accompanies the lack of performance, and focus on the future. Yet, because there is often no management savior in sight, change comes slowly and often too late. Revitalization Partners has extensive experience in serving as interim and long-term senior management in companies ranging from startups to large, publicly held enterprises. Our hands-on approach is focused on eliminating the sins of the past and getting the organization focused on the key issue; restoring business value in the shortest possible time. Putting interim management in place in a timely manner offers significant advantages
Revitalization Partners brings extensive, successful senior management experience in Operations, Finance, Technology, Marketing, Sales and Strategy to interim management assignments. This broad based experience and the ability to draw on extensive management resources enables us to get beyond the smokescreen that often surrounds companies in difficulty and focus on moving the business forward and assisting in the recruitment and integration of a permanent team. 
Turnaround Management and Advisory Services During a corporate crisis, specialized management skills are required to contain, and reverse, a spiraling downward trend. Companies in crisis need leadership that can quickly identify core capabilities, take advantage of available opportunities, and effectively size operations to the appropriate level. Additionally, the failure to meet financial goals, coupled with cash flow and operating disappointments has often created uncertainty with customers, investors, lenders, vendors and employees. Revitalization Partners has extensive experience in addressing the salient issues, managing expectations, and bringing rapid credibility to the restructuring process. There are three essential elements to the successful execution of a corporate turnaround:
Data shows that the lack of any two of these elements may be fatal to the turnaround; however, it is the ability of management to come to grips with the relevant issues facing the business, in a timely manner, which is critical. The key element for a successful turnaround is management capability. Revitalization Partners brings the experience to both assess and augment a company's management capabilities, and provide the guidance for the successful development and execution of a turnaround plan. Our focus is on building rapport among all parties involved in the restructuring process, helping to generate one of the most important byproducts of a successful turnaround; a strong management team with a clear sense of direction, purpose and achievement. View our case studies >> Crisis Management and Bankruptcy Support Very often the first stakeholders hear of a crisis is when the cash is about to run out. Experience shows that managers of companies consistently under estimate cash management, all too often creating an all consuming crisis, rather than a problem that could have been easily managed if dealt with in time. Revitalization Partners has extensive experience in managing cash flows of companies in difficult situations. Each of the principals has substantial success in operating within very tight cash constraints by making use of a variety of working capital management techniques, including:
As part of the cash management process we focus on reporting the reality of the situation to key stakeholders and implementing transparent forecasting and reporting systems. While our focus is on helping our clients avoid bankruptcy, if bankruptcy proceedings are necessary to protect a client, our partners have successfully brought companies through Chapter 11 proceedings View our case studies >> Investor and Creditor Support The Principals of Revitalization Partners bring extensive experience to working with equity investors and lenders in assisting them in evaluating their exposure and assessing the proper actions necessary to evaluate a company's financial and operating position. We leverage our management, investment and financial experience to provide clients an in-depth understanding of the issues behind the numbers. Each of the Principals brings due diligence experience that transcends financial due diligence and enables us to identify operational flaws and opportunities that are not readily detected by financial analysts. Our services include:
View our case studies >> Corporate Advisors Companies always need a fresh perspective to make sure that they are still on the path that will lead to corporate success. In today' s world of ever increasing schedules and demands on the corporate executive's time, many executives are finding it harder and harder to step back and take an objective look at their business and industry. Having access to an outsider with considerable business experience and perspective, who develops an understanding the business and acts as a sounding board can be one of the most valuable resources for the company's success. As a measure of the value of these services, the principals of Revitalization Partners serve on the Board of Directors of a number of public and private corporations. View our case studies >> |