HRDF - Turnaround Plan for SMEs and SMIs during Post Covid-19 Crisis - Sun Advantage Resources (002929667 – H)
Date: 3 & 4 June 2020 (Wed/Thu)
Time: 9.30 AM - 12.30 PM, 2.30 PM - 4.30 PM (3/06)
2.30 PM - 4.30 PM (4/06)
Hours: 7 hours
Venue: Virtual Classroom
Speaker: Mr. Santhanasamy Subbiah
HRDF Claimable : Subject to approval by PSMB
COVID-19 has become a global pandemic and it is unclear how long it will be with us. As entire countries are locking down, social life is significantly reduced around the globe, with a detrimental effect on economies.
It is therefore important that businesses are proactive in assessing their risk and vulnerability from both an operational and a financial standpoint, and that they act decisively to mitigate issues.
Objectives:
• Turning around your business to avoid insolvency
• Proposing restructuring measures.
• Planning and assisting in the Financial Restructuring
• Stabilizing your business
• Planning and prioritizing opportunities
• Being the resilient enterprise
Training Methodology:
This course is will be conducted online, with two sessions and interactive discussions to maximize learning.
Who should attend?
Directors, Senior Manager
Managers & Executive
Supervisors & Clerks
Human Resource / Finance personals
Anyone who is involved in doing
Course outline – 3 Sessions
STOP THE BLEEDING
Cash Management & Rapid Diagnostic
• Control cash and identify a short-term action plan
• Reforecast liquidity, secure financing and government aid
• Manage important stakeholders (i.e. Customers, Suppliers, Banks, Regulator)
ANALYSE THE BUSINESS
Perform a Clear Data Analysis
• Identify, understand and address the underlying drivers of the situation
• Data driven assessment of opportunities and ranking based on value & complexity
• Initiate regular communication plan with key stakeholders
DEVELOP RESTRUCTURING PLAN
Plan and Prioritise Opportunities
• Develop a detailed and quantified restructuring plan that key stakeholders can support
• Implement new capital arrangements
• Execute actions for potential accelerated M&A or Closure of businesses
IMPLEMENTATION
Benefit Cash Achievements
• Support the implementation of Restructuring Plan
• Track progress by monitoring KPIs and achievement of milestones
• Refine operational and financial implementation plan as required
Register your interest here and will send the Online link via email.
Thank you.