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Business Turnaround applies mainly to three scenarios:
The value of a business relies heavily on its culture, systems, reputation, client book, and financial results.
Very often, a business has been in the market for a number of years. It has been successful until recently when things changed: the economy, the competition, client needs, market conditions, pricing trends, demographics, etc. Unless the business evolves with and adapts to these changes, the company will lose market share and profit.
A changing environment requires an evolving business. It is also necessary for the people within the business to embrace and drive the change from within. Financial metrics are a mere reflection of what makes or breaks a business. These are: strategy – culture – people – systems.
Every company needs to get all four parts right. Few businesses do, however. Lagrou Partners assists executives with both the strategy and execution of change projects. We are not just consultants who put a fancy document together that gathers dust on a shelf. Nor do we present solutions that trigger resistance from staff. We collaborate with and support executives and staff (as prominently or discreetly as required) to drive change profitably within 6 to 18 months.
An initial audit allows us to get our heads around your business, the challenges, and your aspirations. This is a low-risk, high-value exercise to go through before you decide to move forward with an actual change plan and the execution of that plan over time.
Contact us for a confidential discussion about how we can help you with business turnaround and change management.
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