Turn-arounds

Create Stability and Long-term Success

When faced with critical challenges, turning the situation around requires a focused effort. At JUHL/SKAANING, we adopt a systematic and action-oriented approach to stabilize the current circumstances and establish a robust foundation for the future.

Our Method

Analysis and Diagnosis

Our first step is always to thoroughly understand the current situation. We conduct a comprehensive analysis of both internal and external factors, including:

  • Economic indicators and budgets to identify constraints and imbalances.
  • Processes and workflows to detect inefficiencies or overlaps.
  • Organizational structure to map out strengths, weaknesses, and any conflicts.
  • The market and competitors to identify opportunities and threats.

The goal: To create a clear picture of what is working and what requires action – and most importantly, why the problems are arising.

Strategic Action Plan

Once we have the diagnosis in place, we develop a tailored action plan that prioritizes the most urgent measures. This plan may include:

  • Financial stabilization: Immediate actions to improve liquidity, reduce costs, and create financial clarity.
  • Efficiency initiatives: Optimization of resources and work processes to reduce waste and increase productivity.
  • Business focus: An assessment of core activities to ensure the company concentrates on the most value-creating areas.
  • Culture and communication: Establishing a clear vision and communication that strengthens employee engagement and direction.

The goal: To create a realistic and focused plan that can be implemented quickly and effectively.

Execution and Implementation

We understand that even the best plan is only valuable if executed correctly. That's why we work closely with you on the implementation:

  • We facilitate the necessary changes and ensure that everyone in the organization understands and supports them.
  • We provide hands-on leadership and interim support if resources or capacity are lacking.
  • We establish clear key performance indicators (KPIs) and milestones to ensure that progress can be monitored and adjusted along the way.
  • We train the management and key individuals in change management so that the organization can sustain the initiatives.

The goal: To ensure that the changes are not only implemented but also embedded in the organization's culture and daily operations.

Long-term Growth and Stability

Once the emergency measures have been implemented, our focus shifts to building a sustainable platform for future growth. This includes:

  • Developing a long-term strategy to ensure continuous progress.
  • Building internal capabilities to make the company self-sustaining and robust.
  • Regular monitoring and evaluation to adjust the course as needed.

The goal: To leave you with an organization equipped to withstand future challenges and seize new opportunities.

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