Our initial priorities are to stabilize business operations and to manage cash flow and liquidity. Thereafter, we develop and implement a recovery program that considers:
  • THE DEMANDS OF AND OBLIGATIONS TO VARIOUS CONSTITUENTS
  • THE CASH NEEDS OF AND CASH AVAILABLE TO THE ENTERPRISE
  • THE VIABILITY OF BUSINESS UNITS
  • THE REALLOCATION OF ASSETS, THE REDUCTION OF OPERATING EXPENSES, AND
  • THE STRATEGIES FOR LONGER TERM GROWTH OF THE BUSINESS

Crisis creates special managerial needs even for an experienced executive team, and in some cases sudden voids within executive ranks require immediate attention and remedy.

CDG’s crisis and turnaround management team is experienced in providing interim senior management services to distressed companies. Whether assisting a management team plan and execute a recovery strategy, or more formally serving in one or more interim executive capacities, we are dedicated to the recovery and survival of a viable business and to maximizing enterprise value.

Assignments most often conclude when a turnaround program has been developed and implemented and a permanent management team has been put in place, upon consummation of a plan of reorganization, or upon the divestiture of all or substantially all of the business.

CDG professionals who specialize in crisis and turnaround management have served as Chief Executive Officer, Chief Operating Officer, Chief Financial Officer and Chief Restructuring Officer for both public and private companies.