Turnaround, Workout and Profit Improvement
Businesses struggling with operational and financial issues often risk losing stakeholder trust as their value erodes.
Farber has a network of seasoned turnaround, restructuring and crisis management professionals that can help. Acting as advisors, we can work with management to develop and implement a turnaround or restructuring plan, court-supervised or otherwise.
We can also parachute in an elite group of turnaround experts to act as interim managers or Chief Restructuring Officers (CROs), positioning businesses to:
- Navigate through the most challenging financial crises
- Quickly stabilize financial operations and mobilize resources for recovery
- Enhance enterprise value by addressing their cash flow needs
- Assess their current management, administrative and financial capabilities
- Restore leadership and stakeholder trust
By acting decisively to mitigate financial challenges, businesses can do more than salvage stakeholder relationships. They can also build a solid footing for long-term recovery and growth.
At Farber, our Interim Management & Executive Search practice provides top talent to support our clients’ turnaround or growth opportunities. Interim management provides rapid access to seasoned finance and other human resources. Our Executive Search professionals focus on executive and mid- to senior-management roles as well as functional specialists in leadership, finance, human resources, marketing, and operations.
Furthermore, our team use the skills and insights of clinical psychology and our proprietary Circle & Square Methodology to deliver learning solutions, harnessing the power of emotional connection to elevate performance and make lasting and sustainable changes in people and the business itself.