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Our Turnaround Methodology As explained in our investment page, an acquisition of existing business in Japan can be extremely profitable as shown by Renault Nissan and Ripplewood Shinsei. Based on our management consulting experience and examples of success in Japan we have established a methodology based on 6 steps |
1) Diagnostic |
| This phase is fact driven and goes beyond due diligence. The objective is to gather data needed to create the turnaround plan and the business vision. |
2) Define the turnaround strategy |
| Strategy definition is based on tools of management consulting consulting best practice such as competitive advantage by market segmentation (using Porter model) and SWOT analysis. |
3)bis Build the turnaround team |
| While making the turnaround diagnostic and defining the turnaround strategy, it is imperative to progressively build a turnaround team based on existing human resources and also external resources such as industry experts and consultants |
4) Build a business vision |
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The purpose of the business vision is to bring the strategy in a an appealing manner to all company employees. This phase is often neglected and is a major source of failure for turnaround which fail to mobilize employees. |
5) Create the revival plan a business vision |
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The revival plan is the translation of the strategy and business vision in a commitment of the entire company to the turnaround |
6) Execution |
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The execution is based
on the revival plan using techniques such as Cross Functional Teams. |
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JMC has also developped templates
to each function in order to accelerate the build. execution and
success rate of the turnaround plan.
JMC can offer you assistance in all the phases of your turnaround plan. Do not hesitate to contact us |
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The table below provides a graphic illustration of our Japan turnaround
methodology. |
Turnaround Methodology Flowchart
