Services
Canary Wharf Consulting
Corporate Restructuring
In the ever changing modern business environment, companies need to adjust in order to survive and obtain sustainable competitive advantages. Each restructuring scenario requires a different set of capabilities, and Canary Wharf Consulting offers a broad array of relevant services, tailored to each customer’s special needs. We can help you identify and evaluate your options, put together an effective and comprehensive restructuring plan, improve the efficiency of your transactions and achieve your long-term objectives.
A company’s periodical reorganization is necessary for its long-term sustainability. A review of the operational model is usually required so as to maximize performance and effectiveness. This includes the analysis and display of the operational framework (flow charts for processes and procedures followed), gap analysis against relevant benchmarks and finally the redesign, re-engineering and/or abolishment of existing processes and procedures as well as introduction of new ones, in whole or in part.
Successful reorganization projects depend upon the company’s ability to manage the change that takes place (change management). Change management is a critical component for any company aiming to maintain its competitive advantages. The most common reasons for a company to change are its desire to move from good to greater performance, cut its costs or manage a crisis and in general to adapt to new realities and new prevailing conditions. Statistics show, though, that efforts to improve effectiveness by implementing heavy changes usually do not succeed. Their success usually depends on the design, the implementation method and the consistency of the consolidation process.
The relevant services we offer focus on organizing and securing all prerequisites and critical steps that ensure the successful application and adoption of a new operational or organizational model. Our services also include pilot testing and implementation of the new model, preparation and application of a consistent transition plan, focusing on the risk assessment during the transition, constantly monitoring changes and applying mitigation activities when required and training sessions and hands-on support for the company’s personnel in order to successfully adopt the new model.
Working Capital management focuses on the company’s liquidity and thus its short term ability to finance its activities. The practice focuses on liquidity ratio analysis, comparison against the industry average and the client’s peers (benchmarking), identification of potential areas of improvement and, finally, on the management of each working capital item. Focus areas include:
- Inventory Management (Procurement Strategy, JIT)
- Accounts Receivables (Credit Policy, Factoring)
- Management of Accounts Payables (Credit Lines, Negotiation of Credit Terms, Overdrafts)