Partner & Managing Director, Chicago
In the early 1980s, AlixPartners helped create the restructuring industry and developed a set of powerful approaches and techniques. Since then, we have enhanced these methodologies and tools and created a differentiated approach to business transformation that helps companies achieve ambitious new goals. We bring our when it really matters mindset, honed in urgent situations, to the critical decisions and thorny performance issues that all companies must confront. With deep real-world industry and consulting experience and a suite of proprietary tools, we work collaboratively with management teams and owners to achieve transformative, sustainable results.
The economy has slowed. Many regions and industries are headed for a recession or at least a downturn—and 35% of executives surveyed by AlixPartners expect a down cycle that lasts three years or more. Inflation is high; interest rates are rising; bubbles are bursting. Uncertainty clouds everything.
So what are you doing about it?
In this high-stakes environment, there are four ways to prepare your company's approach to recession readiness: Tune up financial warning systems; maximize cash generation; use scenarios to discover and create options— scenarios; and act. Continue reading to learn more.