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Business Restructuring
Businesses reorganize for several reasons:
- self imposed due to economic conditions (positive or negative)
- self imposed due to acquisitions or divestiture
- externally imposed due to court order
- externally imposed due to bankruptcy filing
Planned reorganization may be handled by existing staff as long as work loads are reasonable.
Unplanned or externally imposed reorganization often results in an immediate loss of management
and technical staff. Steve Guthman & Associates can assist in both situations by providing
on-site management, short and long term planning, and can supply technical staff to maintain operations.
The most dramatic reorganization is bankruptcy. The mere announcement of bankruptcy triggers a swift
departure of key IT personnel seeking new, stable employment. The remaining staff must continue day to
day operations, while at the same time, look at consolidation, additional reporting requirements, and
the real possibility that their jobs may be over when the task is complete.
Steve Guthman & Associates can help. We react quickly to gain control over
the situation, create a plan to accomplish your required results, on time and on budget.
An extensive task list related to business restructuring can be provided for your review. Please contact
us for more information.
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