One of the greatest benefits that The Turnaround Management Group provides to its clients is a complete Diagnostic Assessment.  The initial evaluation is the foundation of all our work — it is the lifeblood and central nervous system for the success of the project. The diagnostic assessment is the easily most important part of the "turnaround process".   This is were the past experience really pays off.  The assessments must not only focus on the business - the individuals who brought the company to this point must also be evaluated.  Often we find that the "only" problem with the business is some of its people.   But whatever the problems.  The whole process must be totally objective and non-biased process based on logic, analytical and market principles.  The process is neither emotional nor takes into account special loyalties. The job is to objectively determine what is in the best interests of the business, shareholders, employees, customers and the marketplace regardless of its past agendas.

The Turnaround Management Group's  Assessment  provides, as soon as is humanly possible, a clear view of the situation and a plan to bring about needed change. Evaluate real cash flow needs and availability. Assess the core business for viability to expand markets, retain customers and improve the bottom line. Assess established goals, strategies and business plans in a cause-effect manner. Conduct management assessments for strengths and weaknesses and best fit for going forward. Examine the competitive market and understand the constraints. Evaluate product lines and market strategies based on The Goal. Evaluate asset quality, utilization and turnover as negative influences on the business. Identify expense reductions and cost controls that will improve the going forward model. Evaluate capital needs and integration plans. Evaluate availability of critical operating information. Design and implement “productivity centric” accounting systems. Analyze past and current plant closing and downsizing plans and their base assumptions. Perform due diligence for potential mergers and acquisitions. Examine acquisitions or exit strategies. Identify action plans to stabilize business and correct sources of problems.