The increasingly fast-paced nature of the markets requires the establishment of a flexible strategy and vision; however, this is often not taken into consideration within well-established structures. Positioning the direction of the company towards growth – both mid-term and long-term – is an ongoing process and one of the biggest challenges facing a company’s management team in increasingly consolidated economic worlds.
Operative restructuring & cost-cutting
Well-established corporate structures in conjunction with fast-paced market transformations can result in a mismatch between profit and the company mechanisms which need to be financed.
Increasing competitive pressure is the most common trigger for restructuring measures. But other external factors – such as cyclical weaknesses and ever shorter product innovation cycles – are also driving forces behind such measures.
Interim management plays a particularly essential role in the company direction and restructuring measures. However, beyond the field of corporate restructuring, interim management also provides the opportunity to fill a management role on a temporary basis for certain projects or in the case of staff shortages.
Business development is of vital importance – especially in fast-paced economic sectors. The objective of business development is to develop and implement new lucrative business ideas. For this purpose, many companies often opt for external management consultancy. Management consultants report directly to the top management team and can be employed on a consultant or interim manager basis.