Turnaround Management

Request a call back
Secured by Norton

Turnaround Management

Turnaround management is a dedicated towards corporate renewal. A CFO's duties are to do analysis and planning to save the troubled company and also to find reasons for failing performance in the market and rectify them. Thus when companies suffer troubles relating to cash flow crises, major losses etc., they require a financial professional to handle the turnaround requirements. There is an outline of steps involved and good understanding of this process will make it easier to identify when applied

Definition and analysis:

In this process a clear definition of performance problems are defined and outlined. It helps in identification of the areas of financial stress within the business and steps to be taken.


Strategy to be adopted:

once the business is stabilized, it is time to commence the strategic planning process. Also the SWOT analysis shall be done. it is important stage to look internally (strengths and weaknesses) but also to strategically analyses the external environment (opportunities and threats) as well. From SWOT analysis, the long term vision, mission and objectives for the business can be defined. Knowing where the business is heading then allows the development of a strategic plan.


Action and implementation:

the next step is development of action plan. The tasks are the daily, weekly and monthly activities to be done and with this strategic planning process, each one will be contributing to the overall mission. Without the implementation step, all the planning can go waste. It is important that employee are aligned with the overall vision for the business. This is achieved through communication, consultation on regular basis by the CFO of the company.


the regular reviews are considered after the planning and implementation process. In effect the process of turnaround management is quite similar to the strategic planning, however there are some distinctive areas of stress. For upcoming of this stress, the consultation of turnaround management is required.


Why Enterslice?
Asia Winner
Top 100 Most Innovative Companies in Asia - Red Herring
Top 25 Consultants
Top 25 Consulting Firm in India - Consultants Review
Success Rate. Your Order Comes with Money Back Guarantee
Services delievered by 70+ Qualified CA and CS
Trusted by
Acme Solar
Rhenus Logistics

" Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters. "

Akash Deep
Haiden Group - UAE
Akash Deep

" Very professional services. I am highly impressed by their courteous and client oriented attitude. "

Col. Gautam Singh
F Salon Paris
Col. Gautam Singh

" Enterslice and Its team made starting my company and running very easy. Their contribution in raising funds was immense. I highly recommend Enterslice to any one who wants to start a business in India. Thank you guys keep up the good work. "

Pradeep Khanna
CEO - Solarix
Pradeep Khanna
As seen in
Your Story