This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
Explore a comprehensive 6-phase framework for Business Wind Down Planning, crafted by ex-McKinsey and Big 4 consultants. Ensure compliance, minimize losses, and protect your reputation. Business Wind Down Planning is a 28-slide PPT PowerPoint presentation slide deck (PPTX) available for immediate download upon purchase.
"Business Wind Down" refers to the process of deliberately and systematically closing or reducing the operations of an organization. A systematic, strategic Wind Down is crucial for:
Minimizing Financial Loss
Ensuring Regulatory Compliance
Preserving Reputation
Safeguarding Stakeholders
Business Wind Down can be due to various reasons—bankruptcy, strategic realignment, mergers and acquisitions, or retirement of the owner. Its importance lies in mitigating negative impacts, fulfilling legal obligations, and upholding relationships and reputation.
An abrupt closure without thorough planning, consistent communication, and setting the tone can be shocking for the employees, customers, and shareholders.
A systematic Wind Down allows the liquidation of assets in a manner that maximizes their value and minimizes financial losses. This may involve selling off inventory, collecting outstanding receivables, and fulfilling remaining contractual obligations.
Leadership needs to determine if operations will cease all at once or in phases. A phased approach helps manage resources and cash flow more effectively.
This PowerPoint presentation deliberates on a robust 6-phase approach to planning a smooth business Wind Down:
1. Assessment and Decision
2. Wind Down Plan Development
3. Financial Management and Asset Liquidation
4. Operational Shutdown
5. Legal and Compliance Matters
6. Communication and Stakeholder Management
Each of these phases is discussed in depth in this presentation. Additional topics discussed include key questions when planning for a Wind Down, key considerations (categorized by Financial, Operational, Legal, and HR), interests key stakeholder groups, among others.
This PowerPoint presentation on Wind Down Planning also includes some slide templates for you to use in your own business presentations.
Key stakeholders in a business wind-down include employees, creditors, the government, shareholders, suppliers, and the community. Employees prioritize job security, severance packages, and owed compensation, focusing on new employment and benefits management. Creditors aim to recover debts, concerned with the order of settlements, total assets for repayment, and minimizing losses. The government's role involves compliance with legal and tax obligations, ensuring adherence to laws during the wind-down. Shareholders seek clarity on residual business value, asset liquidation, and investment returns for financial planning. Suppliers focus on future demand and outstanding payments, adjusting production levels based on customer changes. The community is concerned about job losses and the broader economic impact, highlighting the ripple effects of a business closure.
The "Assessment and Decision" phase in Wind Down Planning requires a comprehensive evaluation of the business's current standing to determine if winding down is viable. Key actions include reviewing business strategy, financial statements, and market conditions, while identifying financial challenges like declining sales and increasing debts. Scrutinizing management information facilitates timely decision-making, and assessing internal changes such as cost-cutting or restructuring may salvage the business. Exploring options like selling parts of the business or merging can preserve value. Developing a holistic Risk Management framework is essential to identify and mitigate risks associated with winding down, protecting stakeholders. Weighing potential outcomes of each strategic alternative is vital for informed decision-making and safeguarding the business's reputation during transition.
This PPT slide outlines the financial management and asset liquidation phase during a company's wind down process. It emphasizes the importance of reviewing financial statements, including balance sheets and cash flow statements, to assess financial health and implement effective cash-flow management strategies. Key actions involve listing and prioritizing financial obligations such as debts, leases, and employee severance, while understanding the legal order of payment. Creating a detailed budget for legal fees, operational costs, and closure-related expenses is essential. Asset management includes listing assets, determining professional valuations, and maximizing returns through public auctions or private sales. Negotiating settlements and understanding tax implications are vital, alongside filing final tax returns and settling tax liabilities before closing bank accounts and canceling credit lines. Experienced advisors are crucial for navigating these complexities.
Source: Best Practices in Wind Down, Bankruptcy PowerPoint Slides: Business Wind Down Planning PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Trusted by over 10,000+ Client Organizations
Since 2012, we have provided business templates to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."
– Chris McCann, Founder at Resilient.World
"My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today’s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me
in a fraction of the time and money of other solutions. I strongly recommend FlevyPro to any consultant serious about success.
"
– Bill Branson, Founder at Strategic Business Architects
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I
saved. I encountered a download issue during the ordering process. However, a quick email to Flevy's support team, even on a Sunday (!!!), resulted in assistance within less than an hour, allowing me to download the content I needed. Fantastic job, Flevy! I give 5 stars for both content/price and customer service. Thank you!
"
– M. E., Chief Commercial Officer, International Logistics Service Provider
"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."
– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)
"As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."
– Michael Evans, Managing Director at Newport LLC
"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor
the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox.
"
– Michael Duff, Managing Director at Change Strategy (UK)
"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.
The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."
– Dennis Gershowitz, Principal at DG Associates
"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.
Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.
many challenges and there is the need to make the right decisions in a short time, with so much scattered information, we are fortunate to have Flevy. Flevy investigates, selects, and puts at our disposal the best of the best to help us be successful in our work.
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.
Click main image to view in full screen.
