GRO supports turnaround initiatives which typically cover three phases: recovery, stability and sustainability. The solutions under these phases include identifying and mitigating fraudulent cash outflows, strengthening the implementation of sound governance principles, designing key controls, process reviews, drafting of policies, institutionalising good practices, implementing enterprise risk management, designing monitoring mechanisms and generally implementing the basic foundation necessary for “Business of Tomorrow”. Our solutions are also coupled to critical consulting solutions such as change management and skills audits.
Organisations sometimes experience difficulty in selected business areas or across the organisation. The bedrock of any successful organisation is its ability to identify opportunities and to manage the associated risks under good corporate governance arrangements, supported by a strong internal control framework and oversight mechanisms.
Deloitte partners with the Board and Executive leadership of the organisation from the need to recover losses and to “stop the bleeding”, to having sustainable operations by implementing tried and tested customised solutions to turnaround any organisation or any of its components.
Clients will benefit from a wide range of expert skills brought together in a well co-ordinated process that significantly improves the possibility of the organisation returning to a state of good performance.