Re:Act - Securing the livelihood in crisis mode
Even before Covid-19, the business and revenue models of owner-managed companies had come under severe pressure, driven by globalisation and technological change, especially in established industries. According to several experts, the Covid-19 crisis has reinforced and accelerated this development. The German Federal Government's supply of various immediate and special support programmes mitigated the immediate consequences and thus opened opportunities for action. Given the current uncertainties, securing the continued existence remains a top priority of many companies. Additionally, to securing the existing liquidity scope, it may also include the preparation of an immediate crisis intervention and the corresponding preparation of options in the event of a genuine crisis intervention.
- Creating conditions for restructuring options at an early stage
- Drawing lessons from the crisis: These central questions are now attracting attention
- Why 4C?: Creating transparency and planning reliability
Creating conditions for restructuring options at an early stage
However, the preparation of a restructuring basically means for the management to consider all possible options for crisis management at an early stage, i.e. as long as there is still room for negotiation, to examine them openly in terms of results. In particular, we are referring to pre-insolvency restructuring options within the framework of the ESUG. For guaranteeing this option, we regularly consult specialists and experts from our network under defined conditions in order to create the prerequisites for such an option at an early stage.
Whatever the circumstances, the aim is to secure the existence of the company in the long term by means of a viable business model and the resulting optimised organisation ("minimum viable organisation").
Drawing lessons from the crisis: These central questions are now attracting attention
- How can we improve business models to become more crisis-resistant after the experience of the pandemic?
- Which experiences should lead to a change in our organisation and how should they be effectively embedded in the culture?
- How can we generally become more agile, i.e. react more flexibly to necessary changes?
- What strengths can owner-managed companies develop from these experiences and make even greater use of them?
- How well prepared are we for the next pandemic / crisis?
- Which instruments and methods should the crisis teach us, and which should we not neglect in the future to recognise a crisis earlier or to be able to counteract more effectively?
- What precautions should be adopted to ensure the continued existence of the company during the crisis or to be able to react quickly in a crisis?
- Which are relevant options and their prerequisites as well as consequences to ensure the continued existence of the company during the crisis?
- Are there adequate additional sources of financing for the company and what conditions must be met?
Why 4C?: Creating transparency and planning reliability
We are the ideal partner for securing the livelihood in crisis because we take a holistic approach with a clear focus on safeguarding the company's existence and crisis management. At the same time, we stay on course with our deep understanding of all financial disciplines by quickly providing pragmatic solutions for creating transparency and planning reliability.
In addition to our understanding of the realignment of business models, we offer experienced consultants in our teams who can evaluate all options for overcoming the crisis in various roles and, if necessary, implement them with restructuring law experts.
Our clients place their trust in us in this sensitive area, particularly because they believe we understand the value of an entrepreneurial and substance-oriented management philosophy and live it ourselves. We are independent in our actions and have a clear and well-founded point of view and demonstrate courage and attitude in the interests of the company.
Contact our senior partners and company founders Stephan Grunwald and Hans-Martin Schneider and our restructuring expert Christian Neusser to get a first impression.
Liquidity management and assurance
Financial and liquidity planning
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State aid and subsidised loans
Applying for state aid and loans
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Crisis checkup for IT organizations
How to increase resilience of IT organizations based on COVID-19 learnings?
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Pandemic checkup for IT organizations
In the current climate, the CIO and IT are in the spotlight, as they have an important part to play in securing business stability in the short term. In addition to ensuring the stability and security of services, applications and infrastructure in the face of the sharp rise in demand for home office work, the focus is on establishing solutions and approaches for remote work.
The particular challenge is to push these complex issues in parallel and under time pressure. In many cases, this has worked well thanks to fast and consistent action by IT managers - IT has literally kept the business alive. In many places, employees and managers have become accustomed to the changed working environment and can also take positive advantage of it.
However, problems have also become apparent in many places, some of which have been solved in a makeshift manner. It is therefore important in the current phase, after the initial stabilization, to exploit the momentum and draw the right conclusions from the crisis in order to make IT more resilient for the future.
Our approach to Pandemic checkup for IT organizations is to carry out a structured evaluation or analysis of the crisis-relevant areas. After the analysis, the fields of action become transparent and the necessary measures are derived. This way the basis for a sustainable crisis-proof organization can be created within a 4-8 week project! We would be happy to explain our structured approach to you in a personal exchange - an introduction to the topic with the challenges mentioned and initial approaches to solving them can be found in our e-booklet.
HR Reporting
Ready to use HR Reports
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Ready to use HR Reports
The Covid-19 crisis continues to have a strong impact on society and the economy and presents us with unprecedented challenges every day. After the first quick-fix measures, it has become clear that what is needed now is above all planned and considered action. Especially the human resources department can currently prove that it contributes more than ever to the survival of their company: HR must actively support management by providing solutions to reduce costs, secure liquidity or make necessary adjustments to organizational structures and work processes.
To do this, HR decision-makers now need answers to questions about capacities, personnel costs and time accounts. In order to be able to answer such questions in a management under uncertainty in a targeted manner, a data-based basis is the decisive success factor. In almost every company the corresponding data is available, but in different systems and often a clear and concise preparation in form of a comprehensive HR reporting is missing.
We are happy to explain our structured approach in a personal exchange - an overview of our 4C HR Reporting solution including screenshots and approach can be found in our 2-Pager.
4C Performance Management Tool
Interactive toolbox: cockpit, commentary and action tracking
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Our Performance Management Tool MEASURE
Key figures and cockpits - these management instruments have become an established part of management at all levels of the company. However, practical experience shows challenges again and again, both in the introduction and in the pragmatic and successful use in day-to-day business operations. Cockpits are only alive when they are used: Especially when it is important to store the findings from commented key figures with suitable measures and to implement them successfully. Especially today, it is important to adapt KPIs to the relevant control topics of the business - a natural contradiction to a programmed IT solution. MEASURE therefore provides an interactive toolbox: cockpit, commentary and measure tracking can be flexibly adapted to any decision situation. Let the following video inspire you, it shows the performance management tool MEASURE. You think implementation takes a long time? Let us surprise you and talk to us. Our expert Focke Meyer will be happy to answer any further questions about the tool.
Our experts for Securing the livelihood in crisis
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