ZRG is thrilled to welcome Preston Badgett as Managing Director in our Interim Solutions practice. Preston will be partnering with clients to craft tailored strategies that drive change, spearhead transformation initiatives, and boost business growth. #ZRGhttps://hubs.la/Q02GzXRQ0
Talent Acquisition Professional with a strong finance and accounting foundation, proactively sourcing and identifying top qualified candidates while exceeding hiring goals.
Director @ RGP | Seasoned Professional and Business Development Executive, Technology Risk and Business Process Improvement - Aligning business leaders and seasoned professionals to accomplish corporate objectives.
Proven Leader in Medical Device & Healthcare Sales | Expert in Driving Revenue Growth, Building High-Performing Teams with a Magnetic Culture and Scaling Innovative Solutions
As we enter the last quarter of the year, we're excited to present the newest edition of the AlixPartners UK Turnaround and Restructuring newsletter.
This issue reflects on the first half of 2024 and shares insights for 2025, leveraging feedback from over 700 top restructuring professionals gathered in our latest Turnaround and Transformation Survey. Additionally, we dive into the Real Estate sector, which has recently experienced a significant rise in activity.
Discover more about our recent initiatives, team progress, and additional insights: https://lnkd.in/ehN_gCq7
🎉 Happy Independence Day from The Modern Dimension, your trusted executive advisory firm!
Today, as we commemorate the values of freedom and innovation, we also celebrate our journey in guiding businesses towards excellence. Wishing you a day of reflection, growth, and prosperity. Here's to forging ahead with vision and purpose!
#IndependenceDay#ExecutiveAdvisory#TheModernDimension
Partner & Managing Director at Alix Partners, London. Specialist in large scale company transformation, advisor to management, private equity and lenders
Building Real time resilience - AlixPartners’ 19th Annual Turnaround and Transformation Survey provides some fascinating insights for consumer business and supply chain leaders.
My key takeaways are that:
1. Distress continues to rise globally largely driven by cost of capital, world conflict, inflation and consumer preferences.
2. The DACH region seeing greatest impact as the economy in Germany struggles to solve problems across the manufacturing sector generally with Americas following closely behind.
3. From a sector perspective, Construction (41%) and retail (19%) and Consumer products (14%) are seen as most likely to face distress in 2024.
4. The greatest challenges seen in avoiding distress are quoted as cost and availability and capital, cost pressure and management flexibility
There are many good takeaways from this survey to set us thinking about how to embed the right practices to drive business resilience in our businesses and ensure visibility, take precautions with our partners and suppliers.
https://lnkd.in/dcc3FDFm
In addition to improving efficiency, cutting costs, boosting sales, and enhancing customer satisfaction, there are several other factors that drive the profitability and attractiveness of a company when interim transformation experts are involved:
Operational Streamlining: Interim experts identify bottlenecks in processes and introduce systems or technologies to streamline operations. This results in quicker delivery times, better resource allocation, and improved productivity, further contributing to profitability.
Leadership and Culture Change: Transformational experts often implement leadership changes or instil a more performance-driven company culture. A focused, motivated workforce is more likely to innovate, collaborate, and drive sustainable growth.
Strategic Positioning: They analyse market trends and reposition the company strategically within its industry. Whether it's through diversification or penetrating new markets, better positioning can improve the company’s market share and competitive advantage, which boosts long-term value.
Technology Implementation: Adopting modern technologies or improving existing IT systems can reduce operational costs, optimize supply chains, and create better data analytics. This can lead to better decision-making and improved service delivery, all of which drive profitability.
Financial Restructuring: Interim experts often restructure the company’s finances to optimize debt and equity balance, improving cash flow and reducing unnecessary financial burdens. This allows the company to reinvest in growth initiatives.
Talent Management: Attracting, retaining, and developing top talent is critical to long-term success. Interim experts might implement talent optimization strategies, ensuring the company has the right people in key positions to drive growth.
Brand Enhancement: They may work on strengthening the company’s brand and reputation, making it more attractive to customers and partners. A strong brand can lead to higher customer loyalty and premium pricing, further increasing profitability.
Risk Mitigation: Identifying and mitigating potential risks, whether operational, financial, or market-based, can prevent costly setbacks and improve the company’s long-term viability, increasing its appeal to potential buyers.
By addressing these additional factors, interim transformation experts can ensure not only short-term gains but also sustainable, long-term profitability, which makes the company a more appealing investment or acquisition target for buyers.
📢 Calling business leaders and legal professionals: join our webinar on Monday, July 8 for a discussion on recent developments in the Financial Services sector.
In a rapidly evolving economic landscape, business transformation has emerged as the answer for organizations aiming to thrive and create value. Our study, The Next Organization: Seven Dimensions of Successful Business Transformation, identifies the critical elements that will define "The Next Organization" and highlights the perspectives of sector leaders and general counsels on what it takes to succeed in the next economy.
During the webinar, Chris Chapman, Lauren B. Pryor and Jeff Taft, will highlight several key dimensions that characterize a future-ready business. These dimensions serve as the foundation for our discussion on the significant blockers and accelerators of successful business transformation within the Financial Services sector.
📅 Register today: https://lnkd.in/gsawYGhA
➡ Have you read our report yet? Access it here: https://lnkd.in/gTUv4Pre#TheNextOrganization#FinancialServices
In the world of business partnerships, maintaining a shared vision and strategy is essential for long-term success. Yet, as businesses grow and evolve, differences in perspectives between partners can arise, particularly when it comes to future direction, risk tolerance, and financial priorities. Recently, we've seen several deals where partners with differing visions have struggled to stay aligned, leading to significant tension within the organization. A lack of alignment on key business decisions can jeopardize growth and hinder the company’s potential for perpetuation.
Read our article today to learn more: https://hubs.la/Q02QHJTl0#Agency Partnership
#Perpetuation#Partner Alignment
Results Driven |Trusted Advisor | Relationship Builder | Transformation Leader
2moZRG and Ross Mesquita got a good one. Congrats.