Turn around and restructuring consulting

Turnaround
Recent activity on Jan 29, 2019
2 Answers
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Anonymous A asked on Jan 25, 2019

Hello,

what is the main difference between turn around and restructuring consulting? (level of distress?)

What is expected from this activity as a consultant?

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Sergey
Premium
replied on Jan 29, 2019

I recently had an interview with one of the companies in that space.

For them,

turnaround = a campany might fail in 1-2 years because of operational underperformance

restructuring = time to a restructurring situation <=12 mth

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Sidi
Expert
replied on Jan 29, 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers

I don't believe there is a main differentiation between the two terms. They are widely used as synonyms in the industry!

Cheers, Sidi

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