Category : CORPORATE RECOVERY and COMPANY TURNAROUNDS

Inspiring staff in a turnaround situation is one of the biggest challenges of this work. Navigating a turnaround situation can be an arduous journey, demanding a unique blend of leadership and inspiration to steer your team towards success. Michael Tait shares invaluable insights into inspiring staff: Clear Communication: Effective communication is the cornerstone of any […]

A corporate recovery specialist, also known as a turnaround consultant or a corporate restructuring expert, is a professional who specialises in assisting financially distressed or underperforming companies. Their primary goal is to help struggling businesses overcome their challenges and return to a stable and profitable state. Here are some key aspects of a corporate recovery […]

What is a turnaround specialist? How can they help my business? A turnaround specialist is a professional who specialises in helping distressed or underperforming companies overcome financial difficulties and restore their profitability. These specialists have expertise in assessing troubled businesses, identifying the underlying problems, and implementing strategies to turn them around. They typically have a deep understanding […]

An interim CEO is someone who is appointed to temporarily fill the role of CEO in a company or organisation. They are usually brought in when there is a vacancy in the CEO position. This is often when the current CEO is unable to perform their duties due to illness, resignation, or other reasons. The […]

Michael Tait, experienced corporate recovery and company turnaround chairman, sets out the key elements of corporate recovery, the skills needed and what goes into a corporate recovery or company turnaround plan. WHAT IS CORPORATE RECOVERY? Corporate recovery refers to the process of rescuing a financially distressed company and returning it to a stable and profitable […]