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Desperate Times Call for Effective Turnarounds

BCG

We refer to these as turnaround and restructuring efforts. At this point, the company starts burning through cash reserves and needs to launch a turnaround. . See Transformation: The Imperative to Change, BCG report, November 2014.) If the company does not change its course, the second stage is a profit crisis.

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Alvarez & Marsal Interviews and Culture

Management Consulted

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. 2014) Due Diligence Provider of the Year – Unquote British Private Equity Awards.

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AlixPartners Interviews and Culture

Management Consulted

AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.

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How Organic Wine Finally Caught On

Harvard Business

A 2014 study showed that adding the word “organic” to the label of a wine bottle was associated with a 20% reduction in price, even though other organic goods routinely sell at a price premium. The Turnaround. However wine was more associated with pleasure than health.

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FTI Consulting Interviews and Culture

Management Consulted

FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Restructuring/Turnaround Services. Honored with Seven M&A Advisor Turnaround Awards. Honored by Finance Monthly as Turnaround & Restructuring Firm of the Year, Singapore.

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The Consulting Value Proposition

Tom Spencer

Turnarounds. An example from 2014 occurred when McKinsey poached two partners from AlixPartners, one of the world’s best-known restructuring firms. Expertise can form a crucial part of a consulting firm’s value proposition and can be something worth fighting over.

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Seabury Group Interviews and Culture

Management Consulted

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. As far as the firm’s history, that’s about as in depth as it gets.

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