TRENEGY SERVICES > BUSINESS TRANSFORMATION

Turnaround & Restructuring

Trenegy helps companies facing turnaround or restructuring with conserving cash and developing a 13-week rolling plan to rebuild alignment and drive tangible improvements. We draw on our industry, process, and organization design experience to work with your team to define and execute actionable solutions. This includes:

Case Study

Turnaround in the Global Energy Industry

Situation

The CEO of a global energy company recognized that a series of acquisitions had left the organization in trouble. Unnecessary management layers slowed critical decisions, inflated administrative costs, and pulled the company away from its core purpose. The Board of Directors pressed for a return to profitability.

Our Response

Trenegy was engaged to assess the organization and remained through design and implementation. The team surveyed frontline personnel, benchmarked costs and processes against industry peers, and led leadership workshops to redesign the organization and streamline critical work processes. Trenegy worked with the organization to develop a detailed reorganization plan covering operations, finance, HR, marketing, supply chain, IT, and engineering.

Results

  • $300MM in annual savings
  • 5% increase in company stock price
  • Decreased rig downtime
  • Strengthened customer relationships and restored profitability

Turnaround & Restructuring Insights

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Get in Touch
Reach our team at info@trenegy.com.