CoViD-19 - A Different Point of View

Since experiencing CoViD-19 UK lockdown in March we had to rapidly rethink the approach to business turnaround. Normally we were dealing with businesses that had experienced a change, loss of customer, management challenges, greater competition etc. This was different the “rule book” had just been rewritten; the phrase 'New Normal' appeared! 

 

All human emotions were experienced by our clients, and us, from denial, disbelief, shock, need to do something, to then getting a plan of recovery together. We started with stabilising many businesses through stringent cost management, securing government support including Furlough, CBILS / CLBILS loans/ Rate relief etc.

 

All this bought time but does not change the underlying economic challenge. The sector plays such a key factor as to what is needed and for how long.  As a leading turnaround business we have the experience to bring about rapid change, but CoViD-19 has rewritten the rule book.

Consumer buying behaviours have changed forever. What people value has been tilted as their work / life balance focus changes. This is clearly not necessarily bad news but does require business re-focus. 

CoViD-19 - A Different Point of View

Since experiencing CoViD-19 UK lockdown in March 2020 we had to rapidly rethink the approach to business turnaround. Normally we were dealing with businesses that had experienced a change, loss of customer, management challenges, greater competition etc. This was different the “rule book” had just been rewritten; the phrase 'New Normal' appeared! 

 

All human emotions were experienced by our clients, and us, from denial, disbelief, shock, need to do something, to then getting a plan of recovery together. We started with stabilising many businesses through stringent cost management, securing government support including Furlough, CBILS / CLBILS loans/ Rate relief etc.

 

All this bought time but did not change the underlying economic challenge. The sector plays such a key factor as to what is needed and for how long.  As a leading turnaround business we have the experience to bring about rapid change, but CoViD-19 has rewritten the rule book.

Consumer buying behaviours have changed forever. 

What people value has been tilted as their

work / life balance focus has changed.