The current climate of uncertainty requires quick decision-making and accelerated strategies for dealing with unexpected problems. Managing both the daily challenges and the long-term financial and operational risks can be daunting.
In times of financial distress, leaders face tremendous pressure to restructure their businesses — preserving stakeholder value, business continuity and jobs. Successful turnarounds require both a financial restructuring and operational recovery.
Aligning human capital strategy with strategic objectives is crucial for success. Workforce risk analysis must happen at the beginning of the restructuring process rather than as an afterthought. This analysis needs the same strategic focus as stabilising the operations and defining the turnaround strategy.
Mercer is a leader in advising distressed companies on how to mitigate risks, maximise value and moderate costs to create sustainable value throughout the restructuring and uncovering cost savings to formulating strategies to implementing and turnaround process. Our exceptional ability to translate people risks into measurable outcomes has transformed business for hundreds of distressed clients. From accelerating rapid change — we can help you create sustainable value in all human capital aspects of your turnaround.