Crisis and Turnarounds

Crisis and Turnarounds

Turbo Turnarounds - 2 WEEKS Maximum in Full-Time Mode

Our APPROACH - "A Catalyst for Action"
Our approach is to help the current management, not to replace them. In many instances,
management has not had to deal in a turnaround environment and are struggling with many
issues including finance, operations, marketing, existing contractual obligations.

WE HELP in the following ways:

TRIAGE

- 24-72 hour process rapidly indicates what needs immediate

attention.

CRISIS PLAN & EXECUTION

- two-week process includes TRIAGE

MAINTENANCE

After the

TWO-WEEK TURBO TURNAROUND

, we drop back

part-

time support

to company or the project as coach and mentor

as needed

THREE IMPORTANT RESULTS:

Management learns what to do and how to do it - successfully turning their situaiton
around with immediate actions coming first from TRIAGE and THE PLAN.
Our Consultants leave a better company and better management team in place, not
shattered by an outsider, but reinforced and supported by Trusted Advisors.
We don't look to replace management nor play the blame game, but to help
management deal with the issues successfully. We are a Catalyst for Action!

Crisis & Turbo Turnaround Services

Renewal & Restructuring Project Advisors to Owners/Turnaround Specialists
Projects/Facilities Shutdown for Owners, Creditors, Turnaround Specialists
We work with Corporate Turnaround Specialists, Lenders and Creditors
PEG's Asset Management Group (AMG) preserves Shutdown Asset Value!

Crisis Service Specifics

Crisis Project Management in Catastrophic Situations
Business Recovery Assistance
Buyouts & Acquisitions Assistance
FDIC Receivership & Resolution Asset Determination / Acquisition Assistance
Renewal & Restructuring Project Assistance to Owners & Turnaround Specialists
Crisis Strategy Execution Assistance
Due Diligence Investigations
Capital Project Litigation Support & Analysis
Forensic Examination & Claims Proofing
Troubled Project Rescue and Turnaround
Capital Project Shutdowns & Value Preservation for Owners/Investors/Creditors
Shutdown Project Acquisition & New Purchaser Due Diligence Services
Abandoned Project - Value Re-creation and Finance Assistance

Professional Development Training

Corporate Restructuring and Renewal
Crisis Management in Organizations and Projects
Troubled Project Turnaround Management - Triage, Crisis Plan Execution, Stabilize
Auditing Projects for Continuous Improvement
Annual Troubled Project Workshop

Company Turnarounds versus Project Turnarounds

At the Project Executive Group, we instill a true sense of urgency in everything we do.
We fully recognize and respect the time value of money and optimization of the NPV.
Contact us for immediate assistance when a SENSE of URGENCY is important to you
AND when TIME is of the ESSENCE in delivering RESULTS. We GUARANTEE our work.

Company

Focus: Cash Management
Role:

Rescuer - Out of Bankruptcy
Grave Dancer - In Bankruptcy

CASH is usually the problem.

Possible Outcomes

Bankruptcy: 11,etc., even 7
Turnaround, no bankruptcy
with management change
Turnaround, no bankruptcy,
no management change
Disposal of the company

Phases
Analyze the Situation – days
Triage – Immediate – days
Develop/Implement Plan - weeks
Restructuring – months
Stability – over time as needed

You have about a 30-day Honeymoon!

Project

Focus: Time Management
Role:

Usurper (takes over project lead)
PM Team Developer (assists team)

TIME is usually the problem.

Possible Outcomes

Adjustment to the project
Alignment to the project
Stop-gap measures
Partial salvage
Complete salvage
Abandonment

Timeline (Overlapping Phases)
Triage – 24-72 hours - MAX
Crisis Plan/Begin Execute < 2 weeks
Stabilization – 30-60 Days
Maintenance – as needed
Project Completion Services

YOU have a 2-WEEK Honeymoon!

Possible Causes of Company Failure
TOP 3 Problems:
Management, Management, Management

The first key to any corporate renewal
plan is an accurate assessment of the root
causes of the crisis.

ACTION is a Requirement…

Separate the symptoms from those causes
– identify root cause of crisis.
- figure out which causes lay towards the
epicenter of the crisis
- which are merely symptoms of causes.

Here are a few causes / symptoms:

The Wrong CEO
The Wrong Board
Poor Strategic Choices
Poor Execution
Inadequate Controls
Insufficient Resourcing
Revenues Are Trending Downward
Inaccurate Sales Projections
High Operating Costs
Unsuccessful R&D Projects
Becoming Uncompetitive
Excessive Debt Burden

Possible Causes of Project Failure
TOP 3 Problems:
Management, Management, Management

The first key to any Project Rescue and
Turnaround plan is an accurate assessment of
the root causes of the crisis.

ACTION is a Requirement

Separate the symptoms from those causes –
identify root cause of crisis.
- figure out which of causes lay towards the
epicenter of the crisis
- which are merely symptoms of causes.

Here are a few causes / symptoms: