Every day, the news is filled with more reports of the spread of the Coronavirus (COVID-19) globally and its impact on businesses and communities locally. The ripple effects are often reducing customer demand, straining vendor relationships and, with the market turmoil of the last couple of days and weeks, the result is the tightening of business cash flows. We are all starting to see that the economy is heading into a very unpredictable environment for some time to come. Unfortunately, management may not know what to do or how to manage their way through such a turbulent environment. This is when experience, additional skills and capabilities are needed.
Someone with my extensive experience and proven track record can help guide a company going through any phase of this economic turndown. I would also offer my services to augment your internal teams’ efforts. I led the Global YTK Automotive Initiative that was also used by Detroit Edison (DTE) and other power companies to identify and mitigate risk throughout their global supply chains. After 9/11, I worked with many companies trying to restart their businesses after a prolonged interruption. During the economic crash in 2007/2008, I worked with many small and large businesses who had to deal with bankruptcies, erratic customer demands, a dysfunctional supply chain and many other unique business situations. I am sure that many of your clients are experiencing economic pressures, cash constraints, customer and supply chain disruptions, family or business transition issues and are just not able to deal with business interruption of this magnitude.
Over the last 32 years, I have successfully completed many advisory assignments in companies ranging in size from $5M to $2B. As an Emergency Manager and Chief Restructuring Officer (CRO), I have won two National Awards for my efforts and have been recognized in industry and in the banking community as someone who can drive change and deliver value in very difficult situations. My experience in identifying and mitigating risk and establishing recovery plans would make an impact and add significant value to companies in your portfolio.
Attached is my one page Bio for your review and use where needed. Please let me know your availability to discuss this further with you and your staff.
Thanks again, I look forward to discussing how I may be able to assist in any way possible.