Restructuring: why every minute counts for a successful turnaround

In a company in difficulty, the real challenge is not just to identify the right levers. It's being able to activate them in time, with the right people. In this second episode devoted to restructuring, Laurent Proust, Partner at IMT Partners, explains how specialized interim managers can make all the difference, provided they are mobilized at the first signs of fragility. 

Anticipating before the crisis: decisive leverage

With a success rate of 80% in the case of early steering, compared with less than 40% once the collective procedure is underway, anticipation is a major success factor. The key is to have the right people in place, capable of adapting to each phase of the process.

Two types of "Restructuring" managers

IMT Partners has selected managers from its pool who have proven themselves in crisis situations:

- Managers and functional experts (Treasurer, HR Director, Sales Director, etc.) who have worked in the context of insolvency proceedings, sometimes in support of existing teams.
- Corporate officers (CEOs, CFOs), experienced in crisis situations, communication under pressure and global management.

All have been awarded the "Restructuring" label after a rigorous evaluation process.

Don't change teams in the middle of the match

One of the main principles of IMT Partners is that a manager who is involved upstream must be able to accompany the company through to the end of the crisis, without a break in management. This means mastering