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When the future looks bleak, hard decisions have to be taken and action plans implemented to ensure the proper realisation of major investments, corporate recovery or even corporate survival. Such decisions and plans will invariably include the close examination of the efficacy of the incumbent management team. Under such circumstances it might be considered unwise to make half-hearted attempts to recruit into senior roles. If changes are to be made to the leadership team then it is imperative that those changes are made with maximum and immediate effect. PGC is familiar with the issues within and factors influencing failing businesses. Our consultants have management consultancy backgrounds so can quickly identify and understand the prevailing problems and act swiftly to assist with the introduction of the necessary skill-sets to address them. The prospect of joining a business in difficulty is not one that would necessarily attract the attention of top-performers with great jobs and excellent prospects in stable organisations. It is therefore important to be able to extend the reach of a search beyond the usual hunting grounds. PGC has established networks and contacts amongst professional advisers, interim managers and corporate recovery specialists, which enable us to make rapid connections with those able and available to effect the necessary changes.
© PGC 2006
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