Focusing on international best practices in restructuring and turnaround management, this course provides directors with a comprehensive understanding of operational restructuring, developing the skills and competencies required to lead a company from crisis through to recovery. Most programmes on corporate recovery focus on legal, finance or accounting issues and whilst important these in and of themselves do not create a sustainable turnaround. Referencing FTSE Bursa Malaysia Top 100 companies, this course is aligned to the Malaysian Code on Corporate Governance. It introduces the critical leadership competencies required in turnarounds: a deep dive diagnosis, crisis stabilisation, leadership/management reset, failure analysis, stakeholder negotiations, driving critical business improvements, financial restructuring and strategic reorientation.
Learning Outcomes
- Recognise the most common causes of corporate failure and the risks
 - Identify the red flags of corporate decline – the qualitative as well as the quantitative
 - Assess whether a company has a realistic chance of survival
 - Identify the formal and informal triggers for a turnaround beyond financial analysis: diagnostic techniques
 - Recognise the critical role organisational culture plays in both failure and recovery
 - Assessing leadership and key executives and preparing for a change in leadership
 - Define the director’s role in overseeing key workstreams in a turnaround
 - Identify the key strategies in crisis stabilisation and cash generation
 - Evaluate and select advisers and consultants in a turnaround
 
Who is this Programme For?
Non-Executive Directors and Executive Directors of small, medium and large privately held and publicly listed companies and not for profit organisations.
| Virtual Classroom Format | |
| 4 hours (20 minutes Virtual Networking Break) | |
| Interactive Facilitated Learning | |
Programme Outline
Day 1 | Wednesday | 3 February 2021
- The director’s role and responsibilities when the organisation is in distress
 - Legal risks for directors as the company approaches insolvency
 - The psychology of corporate turnarounds
 - Common causes of company failure: identifying early financial and non-financial warning signs
 
Morning Break
- The stages of decline: the critical points to determine the opportunity or recovery
 - Essential data and reporting for directors throughout a turnaround
 - Establishing a sense of urgency when stabilising the crisis and stopping the bleed
 
Day 2 | Thursday | 4 February 2021
- The question of leadership: what to do with the CEO and other senior executives
 - Assessing the existing or new CEO’s capability to drive turnaround
 - An overview of the essential tools of failure analysis
 - Overseeing stakeholder prioritisation and critical negotiations in a turnaround
 
Morning Break
- Changing the organisational culture: how to anticipate and deal with resistance
 - Financial restructuring: immediate, short and mid-term strategies
 - Returning to growth: leading a strategic reorientation
 
Photo by Vlad Hilitanu on Unsplash
Speaker