Leadership in Challenging Times

interim management london

Wherever the business is situated, whatever the sector and armed with a defined plan, interim executives turn stakeholders‘ objectives into operational results.

Turnaround & change management

The PILOTpartners team is the acknowledged leader in the provision of interim executives for difficult and challenging situations. We operate a widely admired, individually vetted Panel of turnaround leaders and functional specialists with experience of running projects in the UK and internationally.

Any board that sees difficulties ahead with limited liquidity available should be talking to a turnaround specialist now. They should generate more than enough cash to pay for themselves immediately and offer stakeholders a real alternative to gloom and inertia. And most of those provided by PILOTpartners will be happy to provide an initial health check without charge.

Generating cash to fund the turnaround

A German €700m turnover manufacturing business with 3,500 employees appointed an interim project team to maximise short term value by accelerating cash generation and earnings improvement. The agreed actions were:

Develop a short term cash management & generation plan
Develop & implement short term restructuring work streams
Introduce structures to monitor & control the projects
Produce robust financial forecasting systems
Produce the restructuring business plan


The results surprised most onlookers:

€50m of cash was generated from working capital in 5 months which more than funded the first phase of the restructuring plan;

The cost base was reduced by €45m;

These provided the opportunity to reconfigure the business & move into sustainable profit…maintaining the momentum of the turnaround.