Turnaround Strategy Course
TMA Education’s Strategy Course helps you master the art of turnaround.
This self-paced online course is designed for advisors, financiers, investors, directors, and management teams working with distressed or underperforming organisations.
By mastering a structured approach, participants gain the skills needed to take earlier action and drive more efficient, successful turnarounds.
Course Introduction
Completion of the Turnaround Strategy Course is a key element of becoming a Certified Turnaround Analyst (CTA Aus).
Learn more about becoming certified here
Stages of a turnaround
- Burning platform
- Diagnosis
- Planning
- Implementation
Understanding the state of the business
- Using the enterprise value curve
- Nature of the crisis
- Hard and soft asset base
- Time to act and optionality
- Focusing the strategy
Stakeholders and turnaround
- Stakeholder mapping
- Competing interests
- Trust and communication
Operational aspects
- Mapping drivers
- Levers of operational change
Financial aspects
- Forecasts and baseline
- Cash and working capital management
- Funding sources
- Layering change and sensitivities
Legal aspects
- What are the issues for directors
- Considerations in getting in new funding
- Contractual issues in cutting costs
- Mechanisms to deleverage
This course is available for TMA Members only.
Members, please sign in here to see the course link.
Non members can join TMA here to gain access to our members only turnaround education programs
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