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CERTAIN MOVES IN AN UNCERTAIN WORLD: Insights from the AlixPartners 18th Annual Turnaround and Transformation Survey
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Leadership teams must think about what
comes next. It is never too soon to think
about how to improve your business, which
may encompass rationalization, efficiency
improvements, and a detailed evaluation
of where the business could go in the next
18 months. With many different potential
outcomes, if management teams aren't
thinking about that now, then it's already
getting too late.
Discover more insights from the
AlixPartners 18th Annual Turnaround
and Transformation Survey
DOWNLOAD THE FULL REPORT
ERIC
KOZA
Co-Head, Turnaround &
Restructuring Services,
Americas
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To handle ESG in the right way, wholesale
transformation must be undertaken - every
part of your business needs to be touched. The
first place to find a way forward for change is
in the data - Scope 1-3 emissions; plant or
product optimizations; workers' pay, conditions
and working hours globally; and suppliers'
associated KPIs. If you don't know how you are
performing in these areas, how can you possibly
identify the action to take, and the level of
investment required?
AXEL
SCHULTE
Co-Head, Turnaround &
Restructuring Services, EMEA
SIMON
APPELL
Co-Head, Turnaround &
Restructuring Services, EMEA
CERTAIN MOVES IN AN UNCERTAIN WORLD: Insights from the AlixPartners 18th Annual Turnaround and Transformation Survey
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It is extremely difficult for management teams,
as they try to manage the risk of being overly
prudent (and missing out on opportunities),
and at the same time not being too aggressive
(and endangering precious positive cashflow).
Ultimately, the key will be to establish a
nimbleness that is clearly tied to an agreed
strategic direction, with accurate, relevant,
and timely reporting that will allow adjusting
course as required.
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