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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Turn around and restructuring consulting
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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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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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