Operational Restructuring

Many organisations face a combination of commercial, operational and financial distress that may be manifesting through declining product profitability, high fixed costs, budget cuts, under-utilised staff, covenant breaches and cash flow challenges, in addition to rapidly changing customer needs and competitor landscape.

Historically, operational restructuring programmes were looked at as something which only significantly underperforming businesses, or those in distress, needed to consider. In the current environment, launching an operational optimisation programme signals to stakeholders that management can take rapid and decisive actions, setting them apart from their competitors and enabling them to continue to invest in key growth areas that will set the business up for future success. This agility and strategic opportunism is essential not only to a fast recovery, but for emerging even stronger than before.

PwC’s Operational Restructuring team helps you take action quickly to generate results, drive rapid cost and cash improvements, and help you keep your options open.

We achieve this by working alongside management to:

  • Deliver rapid improvements in cash, working capital and profitability

  • Develop and implement plans which are realistic and pragmatic

woman in an office
Business people working in high-end modern office

Issues you may be facing

When you are:

  • Undertaking a big investment

  • Preparing for or just concluding a Merger and Acquisition (M&A)

  • Sourcing funding for new projects

  • Looking to streamline operations

  • Looking to safeguard the future of your business/organisation

  • Looking to strengthen their finance department

and are experiencing:

  • Rising costs and shrinking margins

  • Working capital constraints, inconsistent working capital cycles and/or overleveraged

  • Reliance on mismatched or expensive debt for financing

  • Significant lack of short-term liquidity and no accurate short-term view of cash

  • Loss of key staff members and/or customers

  • Difficulties in forecasting cash requirements

  • Limited reporting on cash performance and KPIs

How we can help

Cost Baselining

  • Working capital optimisation and management

  • Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stabilisation programs

  • Cashflow cycle management

  • Improvement of business cash flows

  • Improved cash utilisation


Expected outcomes:

  • Improved profitability and cash management

  • Optimised working capital utilisation

  • Cost reduction

  • Improved governance and informed decision making

  • Creation and preservation of value (during exit, transaction or wind down preparations)

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Contact us

George  Weru

George Weru

Partner | Deals, Business Restructuring Services Leader, East Africa region, PwC Kenya

Tel: +254 (20) 285 5000

Muniu Thoithi

Muniu Thoithi

Deals Leader, East Africa region, PwC Kenya

Tel: +254 (20) 285 5000

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