Turnaround / Rescue

Optimist for Business Turnaround and Rescue Practitioners

It is an accepted fact that turnaround and rescue interventions entail far more than the mere “re-jigging” of the financials of a troubled business, however, it is through a business’ financial performance that the signs of decline and distress are most easily detected in the first place.

Optimist is a unique, easy to use, financial analysis and diagnostic tool designed to improve business performance. It allows the user to analyse financial performance, uncover the cause of business problems, discover solutions, plot future directions through ‘goal seeking’, create projections and avert potential disaster through ‘what-if?’ scenarios.

Incorporate Optimist into your turnaround and rescue interventions to assess and plot:

• Business health
• Business scenarios (‘what-if?’)
• Future strategies (‘goal seek’)
• Working capital management
• Financial forecasting and budgeting
• Budget vs. actual performance analysis
• Cash flow and peak borrowing requirements
• Succession planning and business growth
• Key performance indicator measurement, such as Altman Z-scores
• Benchmarking against industry peers; and more

Now, with Office integration, users can create their own customized templates for business, turnaround and rescue plans, and more.

Optimist serves as a foundation for in-depth management meetings centred on financial performance and business strategy, ideal for up-skilling key personnel to avoid repetition of past errors, by helping them to:

• Understand their financials and the key drivers behind their business
• Clarify the impact of changes to these drivers against their bottom line
• Develop and test financial and commercial objectives to improve their business – giving them confidence in the strategies you agree with them

Optimist facilitates the critical process of linking the organization’s financial information directly to business strategy and outcomes by utilizing a rational cycle of strategic improvement:

• Turn numbers into knowledge
• Turn knowledge into strategy
• Communicate strategy to key stakeholders, and
• Measure the strategy's success.

Optimist helps you to understand and utilize the lessons of the past to plan more effectively for the future