Transformation

Regain the ability to act.

When strategy, results and organisation are under pressure at the same time, we combine clear decisions with consistent execution. If you wish, we take responsibility ourselves.

Our services

Restructuring and turnaround

Restructuring opinions under IDW S6, securing liquidity and implementing measures.

„Is our liquidity sufficient, and can the business be restructured sustainably?“

  • 13-week cash flow forecast and immediate measures
  • Restructuring opinion under IDW S6 as a basis for lenders
  • Implementation monitoring with reporting to banks

Strategic realignment

Align business model and portfolio for the years ahead.

„Where will we earn our money in future, and what should we exit?“

  • Market and competitor analysis for each business unit
  • Portfolio review with decisions on growth or withdrawal
  • Strategic direction with roadmap and KPIs

Operating model and organisation

Reorganise target picture, structures and responsibilities.

„Does our organisation still fit what the business has to deliver today?“

  • Target picture for structure, roles and interfaces
  • Clear decision rights and governance bodies
  • Implementation plan involving management and works council

Performance and results

Make costs, working capital and earnings levers transparent and realise them.

„Where are we losing margin, and which levers work fastest?“

  • Cost and margin analysis by product, customer and site
  • Working capital programme for receivables, stock and payables
  • Action plans with owners and earnings tracking

Digitalisation and AI

Digitalise processes and steering, use AI where it has impact.

„Where do digitalisation and AI pay off for us, and where not?“

  • Review of processes, systems and data quality
  • Use cases prioritised by benefit and effort
  • Piloting and roll-out with clear ownership in operations

Transformation after M&A and succession

Shape change after a change of ownership.

„How do we lead the company into its new order after the change of ownership?“

  • Review of leadership, culture and steering
  • New governance and reporting for the owners
  • Change programme that involves the workforce

PMO and delivery

Run programmes, measure progress and drive decisions.

„How do we make sure agreed measures are actually delivered?“

  • Programme structure with work packages and owners
  • Tracking of measures and their effect on earnings and cash
  • Decision papers for management and steering committee

Interim management

Take on responsibility as CRO, CFO or CEO for a defined period.

„Who takes charge at short notice when a key position is vacant?“

  • Assignment as CRO, CFO or CEO with a clearly defined mandate
  • Stabilising finance, reporting and communication with banks
  • Handover to a permanent appointment at the agreed time

Our approach

Stabilise, decide, deliver.

  1. 01

    Stabilise

    Secure liquidity, set up a robust plan and create transparency for shareholders and lenders.

  2. 02

    Decide

    Analyse root causes, develop target picture and restructuring plan, under IDW S6 where needed.

  3. 03

    Deliver

    Steer measures in a programme with a PMO, measure progress, drive decisions.

  4. 04

    Anchor

    Set up organisation, steering and leadership so that results last.

Additional capacity

The Phalanx Expert Network.

Delivery platform

Phalanx Expert Network

Phalanx understands and structures the problem. The Expert Network adds capacity: interim managers, restructuring experts, PMO and specialists.

experts.phalanx.de

Transformation cases

All cases
Transformation2024 bis 2025

European heating technology group: restructuring five plants in five countries

Sustainable cost reduction and a network that matches the market.

> €10mannual savings
5plants in 5 countries
> €1bngroup revenue
Transformation2024

Listed industrial group: reorganising German production

Stabilised earnings and a viable financing structure.

5sites reorganised
> €1bngroup revenue
12 monthsmandate duration
Transformation2023 bis 2024

Family-owned textile manufacturer: restructuring under IDW S6

Continuation secured, German production closed in a socially responsible way.

IDW S6restructuring opinion
9 monthsmandate duration
Transformation2022 bis 2023

Foundation group in the mobility sector: merging several foundations

A shared strategy and a clear structure for the merger.

12 monthsfrom strategy process to target structure
1shared strategy for all foundations

Your move.

An initial conversation is free of obligation and confidential. We listen, put things in context and tell you openly whether and how we can help.

Book an initial call