Restructuring and turn-around strategy refer to the process of making significant changes to a company's operations, organization, or financial structure to improve its performance and long-term viability. This can include measures such as:
1. Cost cutting: Reducing costs by streamlining operations, reducing headcount, and renegotiating contracts.
2. Reorganization: Reorganizing the company's operations, structure, and reporting lines to improve efficiency and decision-making.
3. Divestitures: Selling non-core assets or businesses to focus on the company's core operations and improve its financial position.
4. Capital restructuring: Modifying the company's capital structure, such as through debt refinancing or issuing new equity, to improve its financial position.
5. Change management: Implementing a change management program to help employees adapt to the changes and support the turn-around strategy.
The goal of a restructuring and turn-around strategy is to improve the company's performance, stability, and competitiveness, and to restore its long-term viability. Fox&Angel’s expertise in restructuring and turn-around strategy can provide valuable support in developing and executing a turn-around plan, and in implementing the necessary changes to get the optimum benefit from the available business opportunities in India.