Stabilize the situation by ensuring liquidity and stabilizing operations.

• Cash generation
• Preserve cash and optimize working capital
• Stabilize and assess critical operations
• Supplier contract and credit terms renegotiations
• Communications to gain stakeholder confidence and support credit and contract renegotiation
• Activate tax refunds, carryforwards, etc.

Start planning for the future by reducing cost and shoring up the balance sheet.

• Cost reduction opportunity assessment
• Updated risk assessment
• Tax cost recovery strategies
• Revised sourcing strategies and agreements
• Full-time equivalent (FTE) outsourcing
• Asset sales

Succeed through business disruption and seize opportunities for the future.

• Take advantage of low asset prices and low valuations for potential acquisitions
• Seek new talent that is now available in the market
• Activate longer term value through new communities, relationships, and values
• Realigned strategies and roadmaps (tax, supplier, credit, etc.)
• Long-term value from cost reduction strategies (managed services. outsourcing, etc.)