Phases of a Turnaround

Analysis and Due Diligence

No successful turnaround plan can begin without a thorough review and understanding of the troubled company's business, it's major problem areas and its strengths and weakness.

This review would include the company's products or services, its markets, customers and business segments, its systems, its finances, its organization and people and its plans. This phase is designed to quickly identify the core strategic elements of the turnaround plan.