The coronavirus is currently causing significant disruption to commercial life. Never before has there been a situation of this magnitude. From a business perspective, clear and consistent action by management in this exceptional situation is essential in order to be able to secure the liquidity situation in the short term.
As an experienced restructuring and turnaround expert, Struktur Management Partner has therefore focused initially on providing you with tried-and-tested recommendations for action to secure the existence of your company. Our guidelines are primarily aimed at the stakeholders and managers of medium-sized companies.
Our managing partner Georgiy Michailov in a remote-interview with Division One: What should companies and their managers focus in times of crisis? Clear recommendations on the topic of "securing liquidity".
How strongly is your company affected by the economic impact of the current pandemic? What urgent action is needed to maintain the company's performance and liquidity in the short term?
By setting up a digital "operations centre" ( preferably web- or cloud-based) that controls all relevant issues and with a simple, uniform "COVID-19-Radar" as an evaluation and monitoring tool, these issues can be answered quickly and an appropriate risk assessment carried out.
We have created an "Emergency Mode in Practice" template for you, in which we have already defined the most important projects and tasks - based on our experience in crisis situations - in the short term, in order to make it easier for you to set up the "Survival in the COVID-19 phase" project.
We are making the SMP project management tool "ProChange" available to the first 30 interested companies here for free during the COVID-19 crisis phase. Our experts will be pleased to support you actively in setting up the project as well as in further measures.
The Federal Ministry of Finance and the Federal Ministry of Economics have agreed on a range of measures to protect companies and employees. In particular, companies are to be provided with sufficient liquidity to bridge the effects of the corona crisis. The announced state support is based on five key measures:
Struktur Management Partner GmbH has been specializing in the turnaround management of companies in critical phases of change for almost forty years and is highly regarded by corporate leaders, financiers and legal experts.
As the company with the most experience in the market, especially in the German SME sector, we not only guarantee practical restructuring and turnaround concepts; we also accompany all implementation and turnaround measures and ensure their transparency, effectiveness and sustainability from the very beginning. Take us at our word!
Georgiy Michailov
Managing Partner
Dipl.-Volkswirt, B.M. (TSUoE)
Email to Georgiy Michailov
T +49 (0)221 91 27 30 - 15
Benjamin Klenk
Partner
Dipl.-Wirtsch.-Ing.
Email to Benjamin Klenk
T +49 (0)221 91 27 30 - 70