Entrepreneurs and management are optimists by nature (they have to be, how else do you drive growth?), always have a number of balls in the air and it is natural to resist an “alien intervention” in their business.
However, graveyard of liquidated companies is accompanied by tombstones full of “if only..”.
An experienced turnaround expert acting as CRO provides additional management bandwidth in times of difficulty. Managing stress requires a different mindset and management technique. Together, the team can work to alleviate the stress, manage stakeholders and preserve value.
Bharat is extremely passionate about Corporate Turnarounds, so much that when he first learnt about this niche space at London Business School, he created a student club just to land himself a suitable role. Bharat first acted as a CRO in 2011, probably first such role in India. He has been working on stress and distress situations since 2008 and has helped clients across industries in India, Middle East and Southern Europe. He has brought global best practices to India, developed innovative solutions and led corporate turnaround business for EY. He is well versed with tools and approaches adopted by global pioneers and leader in India in Corporate Turnarounds and Restructuring, having worked with all of them.
If you are a shareholder, lender or board member considering a serious intervention in deteriorating business, get in touch with Bharat. He would love to help!
For companies facing distress, whether due to wrong capital structure, operational challenges,
regulatory shocks or market disruptions, the ability to act quickly and decisively can make thedifference between revival and collapse. Around the world, especially in developed markets such as
the United States and Europe, the role of the Chief Restructuring Officer (CRO) and turnaround
leaders has become a cornerstone of effective corporate turnarounds.
#CRO #ChiefRestructuringOfficer #CorporateTurnarounds #Restructuring #CrisisManagement #IBC #NPA