Experience

Crisis management

Restructuring and reorganising companies in trouble, with an independent eye.

It is not

A product withdrawal due to a problem.

It is

Restructuring and reorganising the company.

Why companies find themselves in trouble

Grown too fast

Suffering from that growth in a financial and operational sense.

Short of capital

Not enough capital to achieve its goals and aspirations.

A management gap

Middle management needs review and supplementing, or a key appointment would materially change the company.

The process

  1. 1

    Independent review

    Review the company in a concerned but independent way.

  2. 2

    Conclusions to the board

    Interesting conclusions that need to be considered by the board or the owner.

  3. 3

    Structure and people

    Supplement middle management, or make the key appointment that changes the company.

  4. 4

    Governance and legal

    Corporate governance, related party transactions, and civil or criminal legal implications.

In his words

Crisis management is a very specialised field that combines a number of attributes and experience. When I refer to crisis management, I am not referring to a product withdrawal due to a problem — my type of crisis management revolves around restructuring and reorganising the company. Frequently companies find themselves in trouble for various reasons: maybe they have grown too fast and are suffering due to that growth in a financial and operational sense. Maybe they do not have sufficient capital to achieve their goals and aspirations.

Frequently companies need to review and supplement the middle management or make a key appointment that will materially change the company. An independent review of the company can be essential at this time. Reviewing the company in a concerned but independent way frequently produces interesting conclusions that need to be considered by the board or the owner.

On many occasions my advice has been sought on matters that surround corporate governance and related party transactions. A number of situations overlap with legal implications, both in a civil and criminal sense, and my history in these areas is frequently beneficial. My knowledge of the court system, the correct solicitor and barrister to use, corrective services, and bringing common sense and experience to many varied and difficult situations has been very useful.

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Telephone+61 2 8273 8500

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