In today's dynamic economy, organizations can find themselves facing unexpected challenges that threaten their viability. The ability to recognize the early warning signs of decline and execute a strategic business turnaround is a critical skill for any leader. This training course goes beyond mere survival, providing a powerful framework to not only stabilize operations and cut costs but also to leverage a crisis as an opportunity for transformative growth acceleration. By mastering these strategies, you can navigate uncertainty with confidence and reposition your company for long-term success.

This intensive, five-day program offers a comprehensive approach to diagnosing deep-seated problems and building a robust plan for recovery and expansion. You will learn how to make difficult but necessary decisions, rebuild stakeholder trust, and reignite your team's passion for the company's mission. The curriculum blends proven turnaround methodologies with innovative growth hacking techniques, preparing you to lead your organization through a complete revival and emerge stronger, more agile, and ready to thrive in a competitive landscape.

Duration: 5 days

Target Audience:

• CEOs and C-Suite Executives
• General Managers and Division Heads
• Business Owners and Entrepreneurs
• Turnaround and Restructuring Professionals
• Private Equity and Investment Managers
• Financial Analysts and Controllers
• Operations and Supply Chain Directors
• M&A and Corporate Development Leaders
• Consultants specializing in strategic change
• Anyone tasked with leading a business facing underperformance

Objectives:

• Understand the key indicators of business decline and underperformance
• Develop a systematic diagnostic framework to identify root causes
• Create a decisive and actionable turnaround plan
• Master the principles of financial stabilization and cash flow management
• Implement operational improvements to drive efficiency
• Realign the business model to meet current market demands
• Lead and motivate teams through periods of significant change
• Develop and execute strategies for post-turnaround growth
• Build a resilient and adaptive company culture to prevent future crises

Course Modules:

Module 1: The Fundamentals of Business Turnaround

• Understanding the lifecycle of a business and identifying decline
• The role of leadership in a crisis situation
• Differentiating between turnaround, restructuring, and liquidation
• Case studies of successful and failed turnarounds
• The importance of speed and decisive action

Module 2: The Diagnostic Phase

• Conducting a financial deep dive: profitability, liquidity, and solvency
• Analyzing market position, competitive landscape, and customer feedback
• Evaluating operational processes and inefficiencies
• Assessing organizational culture and talent capabilities
• Using the Turnaround Framework to identify core problems

Module 3: Crafting the Strategic Plan

• Developing a compelling new vision for the organization
• Prioritizing and sequencing strategic initiatives
• Creating a credible and realistic financial model
• Defining key performance indicators (KPIs) for the turnaround
• Building a communication plan for all stakeholders

Module 4: Financial Stabilization and Survival

• Managing cash flow and working capital effectively
• Implementing immediate cost reduction and expense control measures
• Negotiating with creditors and suppliers
• Exploring options for capital injection and debt restructuring
• The importance of transparent financial reporting

Module 5: Operational Excellence and Efficiency

• Streamlining core business processes and workflows
• Optimizing the supply chain and inventory management
• Identifying and eliminating waste and non-value-added activities
• Leveraging technology to improve productivity
• Using lean methodologies to create a more agile organization

Module 6: Rebuilding the Core Business

• Re-evaluating the value proposition and target market
• Reinventing product and service offerings
• Focusing on high-margin products and profitable customer segments
• Revitalizing sales and marketing strategies
• The art of the strategic pivot

Module 7: Leading Through Change

• Communicating the turnaround plan with honesty and empathy
• Managing stakeholder expectations, from employees to investors
• Building a unified and motivated team
• Making difficult personnel decisions with integrity
• Fostering a culture of accountability and resilience

Module 8: Accelerating Growth Post-Turnaround

• Identifying new market opportunities and expansion strategies
• Developing new revenue streams and business models
• Leveraging technology and digital transformation for growth
• Implementing performance-based incentives for the new phase
• Creating a "growth playbook" for sustained success

Module 9: Sustaining the Momentum

• Embedding a culture of continuous improvement
• Establishing strong governance and control systems
• The role of innovation in preventing future decline
• Succession planning and talent development
• Monitoring the competitive landscape to stay ahead

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.