1. Title of the whole presentation
Restructuring and recovery
Turnaround management

2. About Title of the whole presentation
Starting with 2008 Advanced Development
initiated a new department, Restructuring and
Recovery, as a response to the changes of the
Romanian economy. This new department
benefits from our huge experience in
consultancy and business development. One of
the most important services of this department
is Turnaround Management.

3. About Title of the whole presentation
Our Restructuring & Recovery services have a
dedicated team of experienced professions
dealing with solvent liquidations. Our approach
is heavily focused on meeting our clients’
requirements and concluding processes as
quickly and as efficiently as possible.
Our expertise, experience and diplomacy, are all
key to helping organizations negotiate sensitive
and difficult situations, advising on action that
will prevent further problems.

4. What is Turnaround Management? Title of the whole presentation
The process of evaluating an underperforming
business to determine the cause of its problems.
Further on, developing potential solutions to
address the problems, selecting and
implementing the appropriate strategies and
course of action, and making corrections to the
plan as circumstances warrant

5. When Turnaround management is needed? presentation
Title of the whole
• a response to a crisis
• a major change in the business
• lack of operating controls
• insufficient demand, technology, suppliers
• not understanding costumers and marketplace
• poor lender/sponsor relationship
• ineffective management style

6. Stages of Turnaround Management Title of the whole presentation
• re-think firm’s strategy
• triage activities due the market changes
• improve liquidity against profit
• restructuring of corporate debts

7. Measures of Turnaround Management of the whole presentation
Title
• stakeholder communication
• evaluate and redesign the financial models in the current market
• indicating the anticipated return to stakeholders
• management and collection of debts
• sale of non core assets including stock to generate cash

8. Benefits of Turnaround Management of the whole presentation
Title
•balancing different viewpoints
• creditors (potentially new owners)
• shareholders (potentially former owners)
• costumers (source of revenues)
• employees (caught in the middle)
•fresh eye, knowledge and skills with complete
objectivity
•no political agenda or other obligations

9. Conclusions Title of the whole presentation
Turnaround Management is better than going into
insolvency and for those who find the strength to
recognize the need for change, the rewards can be
enduring and lasting success.

10. Contact Title of the whole presentation
Headquarter:
32, Aleea Alexandru, Apartment 3,
RO-014453
Bucharest, Romania
Phone: +40-21-409.28.28
Fax: +40-21-230.37.38
www.advanced-development.com