Managing turnarounds in times of crisis

How can you identify and plan for a successful turnaround in an unpredictable environment?

Only 40 % of turnarounds are successful. And in stressful times like these, the odds are even smaller. A company in declining financial health needs to steer clear of common pitfalls and take necessary action without compromising their long-term strategy.

In this webinar, you will learn some tools and frameworks for identifying, planning and implementing a successful turnaround. We will present insights, learnings and cases from the construction equipment industry and the financial crisis of 2008-2009, together with an outlook on the accelerated change that we are seeing in today’s crisis.

Aspired learning impact

This short session will give you:

• An introduction to turnarounds and common pitfalls
• Insights from the financial crisis of 2008-2009 and cases from the construction equipment industry
• Perspectives on how the accelerated change from the COVID-19 crisis might affect companies today

When using the learnings you will:

• Identify when and why a turnaround is needed and understand how financial instability might affect a company further down the supply chain
• Avoid common pitfalls of turnarounds

Preparation

• We will use Zoom* for the session.
• Please make sure the Zoom application is installed and running on your computer at least 10 min. before start
• It may be a good idea to restart your computer before entering the meeting
• Find a quiet area where you can sit
• Grab a pair of headphones in order to avoid echo, and check your audio and microphone is working
• Join us online at the link you receive in the registration email