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TURNAROUNDS

When the going gets rough, it's time to streamline and tighten up

The Benefits:

  • Remove stumbling blocks
  • Recharge morale
  • Tighten operations
  • Plan for success
Operational Plans:
  • Tighten organizational work flow
  • Redesign work flow within departments or on teams
  • Match employee skills and preferences to new work roles
  • Document work flow process
  • Tighten tracking systems
Project Management:
  • Proposal development
  • Define project work flow
  • Tighten project tracking systems
  • Set up new financial models for job costing
  • Train staff in project management
  • Train staff to function as a team or a virtual team
  • Set up incentive programs tied to performance
Finance and Accounting:
  • Tighten operation of accounting department
  • Tighten accounting standards and controls
  • Set up new financial models for budgeting, cash flow projection, etc.
  • Maximize cash management
Billing and Collection:
  • Upgrade billing and collection department
  • Tighten credit policies, customer payment terms
  • Tighten invoicing turnaround and approval process
Human Resources:
  • Reorganize HR department
  • Review policies and procedures
  • Review employee handbook
  • Redesign compensation, benefit and incentive programs
  • Revamp employee retention programs
  • Upgrade performance management and evaluation programs
  • Provide staff training in organizational changes, performance management
Systems and Network Integration:
  • Optimize use of computer networks, software, Internet, Intranet, telecommunications
  • Train staff

"Thank you for the invaluable guidance. It has helped the company to get back on track."

 

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