Restructuring
Anticipation, strategy and coordination. The safety of people, the protection of property and the legal framework are the necessary foundations for the preservation of dialogue and thus the success of a restructuring plan.
Corporate restructuring and social plan management
Every unproductive day is a failure, in both human and financial terms. Planning the management of risks can speed things up considerably while protecting your company’s image and reputation.
The risks involved in preparing and implementing a social plan or corporate restructuring are manifold. Failure to identify them entails high human and financial costs for the company and its employees. In several European Union countries, we have worked on more than 10 redundancy plans, from business transfers to site closures. Our expertise in this field, combined with a wealth of experience, enables us to guarantee our customers the advice they need for a solid, fluid and dynamic risk management system.
Identifying risks
In 75% of cases, restructuring leads to disruption and unrest within the company. Our “dashboard” enables us to assess direct, indirect and future risks for any action/decision to be taken in managing the plan, and to estimate possible/probable damage.
Objectives
Or how to establish the legal and operational framework.
The aim is to identify and significantly reduce risks to people and business assets, while objectively measuring the potential impact on your company’s brand, reputation and value. Our aim is to enable our customers to manage their risks proactively and effectively, so that they can be as responsive and practical as possible.
We will help you set up an operational “framework” that considers the obligations of all parties. This framework will set clear milestones. The safety of people, the protection of property and the legal framework are the necessary foundations for an effective and coherent social plan.
Once the risks have been identified, we develop a “toolbox” management plan for them, enabling all possible preventive measures to be taken to reduce the risks, and defining concrete crisis management measures, enabling the company to deal quickly and effectively with a situation that disrupts the normal course of its business. Including sound, responsible and transparent management of operational management costs, our management plan enables the company to closely monitor the budget allocated to the operational management of its plan.
- Development of a suitable framework for the announcement
- Development of a legal framework for negotiation
- Development of a dashboard
- Use of a toolbox
Results
- Define the framework for managing the redundancy plan and to maintain control
- Protect the people involved in negotiating/managing the plan
- Limit the financial impact on the company
- Master legal and regulatory constraints
- Limit and manage the impact on the company’s reputation
- Define acceptable limits for the company