Turnaround Plan

The problem

Business disruptions—whether from a sudden financial shock or prolonged underperformance—threaten continuity. An effective turnaround strategy addresses these challenges head-on: stemming cash outflows, optimising operational levers to stabilise the company’s position, and, finally, identifying opportunities for sustainable growth to return the company to a state of value creation. The ultimate aim is to avert insolvency, safeguard jobs, and restore stakeholder value.

Our solution

Eight International evaluates the operational performance of distressed or underperforming companies to gauge value deterioration. We then guide clients in rapidly implementing strategic and operational turnaround plans—from conception to execution across the entire value chain.

Beyond cost reductions, we prioritise revenue growth and business model changes that boost business, like market entry, product launches, repositioning, and divestitures of non-strategic assets. Time and cash savings drive our approach.

Our turnaround planning and management stand out through these core principles:

• We accelerate timelines by instilling urgency, eliminating decision bottlenecks, and enabling swift solution deployment.
• We ensure success via the 80/20 rule, key indicator analysis, strategy development, leader empowerment, and clear role definitions (e.g., CRO, programme manager).
• We build an action-oriented culture with experienced implementers, defined accountability, and outcome ownership.
• We adopt a 360° holistic approach that includes finance, operations, strategy, workforce restructuring, legal, change management, and communications to ensure turnaround success.
• We foster a dynamic, can-do mindset and ensure multi-scenario planning, contingency options, and predefined triggers for unexpected events.
• We communicate clear goals and missions at every level, listen actively, and build trust with customers and suppliers.