Invitation to Apply: Productivity SA – Business Turnaround and Recovery Programme
What keeps you awake at night? Loss of market share? Loss of a major client? Loss of key skills in your business? Lack of working capital? Where to get business-focused help from? Are you trying to reset the clock to prevent an imminent or current crises?
Business Turnaround and Recovery is a proven programme, designed to effectively solve business challenges. Trusted methods are used to analyse distressed organisations, and take practical steps to successfully revive and restore them to functional, profitable enterprises. Its purpose is to increase overall productivity and improve organisational structures, but most importantly, save and retain jobs.
The Process
1. Preliminary Assessment
Prior to any planning or implementation, the turnaround viability of the company is assessed. This identifies immediate issues that require urgent intervention and thorough crisis management procedures.
2. Crisis Management
If the company is already in crisis ‒ due to liquidation, labour action, termination of crucial contracts or possible closure by regulatory bodies ‒ immediate action is taken to avert closure of the business or possible job losses, until the Business Turnaround and Recovery process can take effect.
3. Establishment of Future Forums
A Future Forum is a committee comprised of management, employees and union representatives. It creates a structured, collaborative environment that allows for open discussion between all parties.
4. Capacity Building
Building capacity ensures all members of the Future Forum are empowered to contribute meaningfully, with a clear understanding of business operations and what will make the company sustainable and profitable. ‘Productivity Champions’ are identified and trained to lead by example.
5. In-Depth Assessment
During this phase, the organisation and its appointed consultants evaluate the root causes of the company’s problems, and formulate appropriate turnaround or redeployment strategies.
6. Strategy Implementation
Once roles are assigned, agreed strategies are implemented.
7. Productivity Sustainability: Keeping on Track
To ensure improvements are monitored and maintained, in-house ‘Productivity Champions’ are appointed. Their purpose is to drive productivity and quality aspects of production/service delivery.
For more information please contact either Karen or Reinhardt:
Tel: 021-863 0906 / 082-351 3711
Email: karen@hopcal.co.za / reinhardt@lohbauerassociates.co.za
Additional resources
https://omny.fm/shows/power-business/productivity-sa-business-turnaround-recovery-progr