A process where Companies search for changes, focusing on development for survival, getting more money and producing better results to their owners and stockholders. Such process may have any nature, but always starts with a diagnosis, aiming at determining which are the positive and negative points, opportunities and change risks. EFC has been distinguished in the area of business restructuring projects of medium and large size companies, with lots of success.
Kinds of Restructuring
General Restructuring: This is the broader process and encompasses all sectors and functions of the Company. It should be used when the entity really needs a global change, or because it "got old" or even due to an evolution of competitors and market.
Financial Restructuring: It is indicated when the company has high financial liabilities, owes a lot of money to banks, pays too much interest, etc. It is applicable when reviewing the structure of assets and liabilities, with possible disposals, renegotiation with banks and creditors, etc.
Market Restructuring: It should be performed when the sales area of a Company requires reinforcement, through Marketing actions such as Advertising, Promotions, active and passive Telemarketing, Pre-sales plans, After-sales plans, etc.
Organization Restructuring: Indicated when the structure of a company needs simplification and modernization, due to the need of eliminating functions, excess of hierarchical levels, lack of coordination, excess of bureaucracy, etc. It may imply in System restructuring.
IT Restructuring: Many times, especially in medium-size Latin American and Brazilian companies, their systems have not been reviewed for some time and need to be reorganized. They lack tuning, interfaces and management vision. In those cases, reorganization brings great results and makes the company much more productive and effective.
Strategic Review: From time to time, it is necessary to review strategic concepts, improving or even changing them in a radical way. This implies a reflection process, analysis and synthesis; one of the methods used is SWOT analysis (strengths, weaknesses, opportunities, threats). The strategic reflection and the consequent changes must be followed by a strategic plan in order to implement the changes approved.
What Are They For?
Company Modernization;
More efficiency in business and more profitability;
Better conditions to face competition;
More chances of survival and continuous existence.
