CRISIS MANAGEMENT

Crisis management


Protecting your company

  • Effective business Crisis management plans.
  • Minimize potential losses, risks and threats.
  • Protect company’s assets, clientele and reputation.
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Crisis management is a well developed approach, based on analytical models that allow you to minimize the impact of an economic or other kind of risk that threatens the sustainability of your company. The methodology includes: analysis of the causes concrete planning of the objectives and procedures to be followed, actions to be taken time schedule of related actions, correcting measures if necessary in order to counterbalance a potential business disaster and to minimize any related losses.

The objective of crisis management is to allow the company to survive after a potential crisis with its reputation, its customer base, turnover and all its assets intact.

To fully remedy the situation of an enterprise in crisis, it is crucial to minimize the loss of resources and strive to maximize savings. The Crisis management plan includes the following stages:

  • Identification of the causes of the crisis
  • Risk evaluation and management
  • Strategy analysis and implementation
  • Negotiations strategy regarding creditors – suppliers – customers and banks
  • Debt Deferment
  • Doubtful debt recovery
  • Management of personnel-related debt
  • Bankruptcy Law usage (“Article 99”)
  • Suspension and settlement of auctions and foreclosures
  • Exclusion from “Tiresias” index (after payment of debts)
  • Taxation and accounting control and normalization
  • Implementation of prevention systems
  • Implementation of an asset-protection plan
  • Finding a strategic investor
  • Restructuring plans
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