In today's dynamic and often volatile market, the ability to lead a corporate turnaround is a highly coveted and critical skill for any executive. When an organization faces financial distress, operational decline, or a major crisis, it requires more than just a business plan; it demands a unique brand of transformational leadership capable of navigating immense pressure, making tough decisions, and inspiring a workforce to believe in a new future. This training course provides a deep dive into the strategic, financial, and human elements of business revitalization, equipping you with the tools to stabilize operations, restore profitability, and build a foundation for long-term success.

This five-day program moves beyond theoretical concepts to provide a practical, actionable framework for leading a struggling organization back to health. You will learn to perform a rapid business assessment, implement financial triage, and make decisive changes to operations and culture. The course will also focus heavily on the soft skills required to manage a complex stakeholder ecosystem, from skeptical investors to a demoralized team. By the end of this intensive training, you will possess a comprehensive toolkit and the mindset necessary to not just save a business, but to lead it to a renewed and prosperous future.

Duration: 5 days

Target Audience:

• CEOs and COOs
• Senior Executives
• Board Members
• Private Equity and Venture Capital Professionals
• Divisional and Business Unit Leaders
• Turnaround and Restructuring Consultants
• Strategic Planners
• Chief Financial Officers
• Interim Managers
• M&A and Corporate Development Specialists

Objectives:

• Understand the critical stages of a corporate turnaround
• Develop the skills to perform a rapid and accurate business diagnosis
• Learn to implement effective financial and operational triage
• Master the art of leading and motivating a team through crisis
• Design and execute a strategic plan for business revitalization
• Develop powerful communication strategies to manage stakeholders
• Navigate the legal and ethical complexities of a restructuring
• Foster a new, resilient culture for sustainable growth
• Build a personal leadership brand for leading change

Course Modules:

Module 1: The Turnaround Mindset and Diagnosis

• The psychology of crisis leadership and decision-making
• Identifying the early warning signs of corporate distress
• Conducting a rapid-fire strategic and operational audit
• Differentiating between a failing business and a temporary setback
• Setting the initial direction and establishing a sense of urgency

Module 2: Financial Triage and Stabilization

• Analyzing key financial statements to pinpoint the core problems
• Implementing cash flow management and liquidity strategies
• Cost-cutting initiatives and capital preservation tactics
• Negotiating with creditors and managing debt
• Restructuring the balance sheet and securing new funding

Module 3: Operational Restructuring and Efficiency

• Streamlining core business processes for maximum efficiency
• Identifying and divesting non-core or underperforming assets
• Optimizing supply chain and inventory management
• The role of technology in improving operational speed and quality
• Realigning the organizational structure to support new goals

Module 4: Leading People Through Crisis

• Communicating difficult decisions with empathy and clarity
• Building a small, empowered leadership team for the turnaround
• Restoring morale and rebuilding trust among employees
• Talent management strategies during a restructuring
• The importance of celebrating small wins to maintain momentum

Module 5: Strategic Repositioning and Growth

• Redefining the company’s value proposition and market position
• Identifying new market opportunities and revenue streams
• Creating a lean marketing and sales strategy
• The role of product innovation in a turnaround
• Transitioning from a survival mindset to a growth mindset

Module 6: Communicating the Turnaround Story

• Crafting a compelling and honest narrative for the future
• Tailoring messages for different stakeholder groups (employees, investors, customers)
• Using media and public relations effectively
• The power of transparency in rebuilding credibility
• Managing internal and external perceptions throughout the process

Module 7: Managing Stakeholders and Navigating Politics

• Identifying all stakeholders and their varying interests
• Developing a stakeholder engagement and communication plan
• Building coalitions and securing buy-in from key players
• The art of negotiation with unions, creditors, and government bodies
• Managing internal political dynamics and resistance to change

Module 8: Building a New Culture for Sustainability

• Diagnosing and addressing cultural rot and toxic behaviors
• Implementing a new set of values and principles
• Empowering employees to become change agents
• Creating a culture of accountability and continuous improvement
• The role of leadership in modeling the desired behaviors

Module 9: The Role of the Turnaround Leader

• The unique traits and skills required for a turnaround leader
• Managing the immense personal and professional pressure
• Building a support network and managing personal well-being
• The exit strategy for a turnaround leader
• Leaving a lasting legacy and ensuring the company's future success

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.