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
