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Business and Organization Restructuring
Business restructuring aims at the maintenance and increase of the business value so that all interested parties are satisfied. The target is to find and apply the best solutions to the problems each business is facing by using the specialized knowledge and experience of our consultants.

The key elements of a business restructuring plan are the following:
The benchmarking process. It concerns the performance of a business compared to one or more other businesses which achieve optimal performance using the same parameters of strategic significance (performance indexes).
• The creation of performance indicators and the stipulation of targets for the business, each area and each executive separately as well as the reengineering of all business processes, so they can be simplified and the business cost can be reduced, thus increasing customer satisfaction.
• The reduction of the number of decision-making levels, so that most decisions concerning the everyday function of the business can be made by the employees responsible for them, according to their duties.
• The training of employees in cost reduction, efficiency improvement and business development planning.

More specifically, the additional activities of the restructuring department are:
• To rapidly improve cash flows by, for example, reducing production costs, storing and transporting goods and eliminating processes and activities that do not add to the product value
• To restructure the business so that it can return to profitable function.
• To assess business performance and develop a strategic plan for its improvement
• To assess survival potential and development when a business is facing financial problems
• To assess the function of a business and whether it implements the principles and modern rules of administration
• To organize the sale or termination of a business or its departments
• To organize very rapidly developing businesses
• To create a series of indexes (BALANCE SCORECARD) in order to monitor the function and performance of a business
• To improve productivity


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