Work out means usually financial restructuring and major cost cutting program (very short term view). So we see often time mandates given to Accounting firms.

At P2Exec, ‘Work Out’ means more than financial restructuring; it means also a business reorganisation. Making more with less to quickly:

• Stop the bleeding (review and tightening of the value chain)
• Insure continuity (financial and operational restructuring)
• Reinstore profitability (review objectives, strategies and action plans)

The Stategic, Financial and Operational restructuring require three different types of skills. Our team of professionals have practical experience in these fields. Questioning and adapting the Business Model and the way of doing things to the new reality is a key element to a successful restructuring exercise.

This ‘global approach’ alloys the company not only to survive short term financial crisis, but to regain competitiveness and profitability for mid and long term.