On the one hand because companies have gone into debt and will have to generate cash to pay off debts. And on the other hand because they will also have experienced in a hurry simplified processes and organizations that, by bypassing current processes, will challenge them.
For 30 years, and 3 major world economic crises, Nicebe has accompanied its clients through these special moments by developing the following approaches:
These approaches allow us to make the company fit for the current period.
This health crisis has seen, despite everything, the appearance of initiatives the emergence of new ideas, products, services, or functions at every levels in companies. Even more surprising are the pace, creativity, effort and commitment produced to experiment or reinvent in 2 weeks: offers, processes and values that for some, had never been seen since 2008.
It is now the role & mission of leaders to use this energy and capitalize on the capacity for change developed by their teams during this crisis, to redesign or even reinvent their company.
In order to seize this opportunity and face the economic challenge, Nicebe offers you its help in the approach presented on the right, and more particularly in phases 2, 3 and 4. Do not hesitate to contact us to specify your needs.
Phase 2: Diagnostic
Operational Assessment, lessons learned, SWOT, Quick wins
We assess how your organization tackle the crisis (initiatives and results, management and employees commitment) taking into account the specificity of your business specific feature.
Summarized as a SWOT matrix, we integrate the main issues, lessons and opportunities learned from this crisis.
From our previous experience as turnaround managers, we support your organization to identify additional initiatives. We clarify the feasibility and quantify the quick wins as well as middle and long-term potential.
Phase 3: Restart
Crisis Management in Survival phase. Develop and manage survival concepts.
We support your organization in securing the company rescue.
We establish a restructuration program including cost reduction, turnover stabilization and assets reduction measure.
We define a business plan to be discussed with the bank recovery department.
We assist the process until costs are reduced, breakeven is reached, liquidity and financing are secured.
Phase 4: Recovery
Sustainable optimization, transition to a stabilized business development. In-depth strategy analysis and adjustment.
We support your organization after a survival crisis, in ensuring the transition to a stabilized business development.
We establish together with your teams, a middle term optimization program including processes, organization structure, management chart and balance sheet.
We challenge the products and services market portfolio starting with the customer’s needs in order to clarify or expand the actual portfolio.
29 years in turnaround management. More than 30 turnaround cases in Switzerland, France and Germany.
Highly sensitive multi-cultural managers with empathy, able to motivate the teams through a participative approach.
QUANTIFIED AND SUSTAINABLE RESULTS
90% of companies still in business after 5 years. The first restructured company is still active and successful on the market
Our team is accustomed to intervening at different stages of crisis development and can be immediately operational.