turnaround practitioners

Turnaround practitioners are professionals who specialize in helping struggling organizations, such as companies facing financial difficulties or operational challenges, to recover and restore stability. They analyze the business’s problems, develop strategic plans, and implement solutions to improve performance, cash flow, and efficiency. These experts often work during crises to restructure operations, negotiate with creditors, and foster leadership changes. Their goal is to guide the organization back to profitability and sustainable growth, often under tight deadlines and complex circumstances, by applying industry knowledge, problem-solving skills, and strategic planning.