Turn Around Management / Financial Crisis Management in Small Enterprises
Tue 06 Oct
|Cyprus Chamber Of Commerce and Industry
This training programme provides small enterprises with a strategic framework for financial crisis management. It uses the concept of turn-around management and detailed financial analysis and business modelling to make decisions leading to recovering profitability.
Time & Location
06 Oct 2020, 08:40 – 07 Oct 2020, 17:20
Cyprus Chamber Of Commerce and Industry, Georgiou Griva Digeni 38, Nicosia, Cyprus
About the event
This strategic training programme provides managers of small enterprises with a strategic and structured framework for financial crisis management. It uses the concept of the turn-around curve, together with strategic analysis such as Porter’s Value Chain and Competitive Advantage models, as well as financial analysis and risk analysis. By the end of the programme and the company visit, managers should be able to understand and develop a financial model for their firm and take appropriate measures for crisis management and turn-around management.
The 2020 coronavirus / COVID-19 pandemic caught governments and enterprises by surprise. The draconian measures implemented to stop the spread of the virus included a full shut-down of entire sectors of the economy, including hotels, restaurants, non-grocery retailers and many others.
Small enterprises have been badly hit by the crisis. Small enterprises in any case have been hit by a number of structural factors in the economy, including