Our Approach to Business Restructuring and Turnaround

Our team work with BCG’s industry and functional experts to help clients achieve the true goal of a full-fledged business restructuring and turnaround—to overcome a business crisis and return the company to a state of value creation—with strategic actions geared toward all three phases of the journey.
- Short Term. Stabilize the company, manage the liquidity crisis, and ensure sufficient working capital.
- Medium Term. Streamline costs and look for quick wins that can generate revenue growth and fund the journey.
- Long Term. Help leadership teams develop a new strategy for sustainable success.
Seven Actions for Companies Facing a Liquidity Crises
- Leverage a unique window of opportunity to increase prices.
- Collaborate with suppliers to eliminate costs.
- Unleash cash reserves in net working capital and capital structure.
- Balance delivery performance with inventory optimization.
- Mitigate rising labor costs and shortages.
- Reduce energy consumption structurally.
- Prepare to cut discretionary spending.
Our Turnaround and Restructuring Services
We have a broad portfolio of turnaround and restructuring services that we customize to fit a company’s unique needs and context, along with regional differences, regulatory considerations, and other factors.
- Turnaround Planning. Building an operational turnaround plan to restore the top line, profitability, and cash optimization
- Distressed M&A and Carve-outs. Developing buyer- and seller-specific M&A concepts for distressed companies and business units
- Independent Business Review. Assessing a company’s situation and plan to support discussions with management, shareholders, and creditors
- Restructuring Office. Working shoulder to shoulder with management to implement an operational turnaround plan and restore profitability
- Cash Office. Establishing a short- and medium-term cash trajectory through enhanced cash control and working capital measures
- Insolvency Support. Supporting management and shareholders to assess and steer restructuring and insolvency issues
Our Clients’ Success in Business Restructuring and Turnaround

Our Business Restructuring and Turnaround Solutions
KEY Impact Management by BCG X
KEY Impact Management by BCG X
OrgBuilder by BCG X
OrgBuilder by BCG X

Cost Benchmark Index
Cost Benchmark Index
Our Insights on Business Restructuring and Turnaround



Meet Our Turnaround and Restructuring Consulting Experts

