Engage.Contain.Turn.
5 by5 TURNAROUND MANAGEMENT
5 by5 TURNAROUND
Rely on long-standing expertise in crisis-management
to get yourself backed in the moment of pain.
Rely on long-standing Expertise in Crisis-Management.

Turnaround
Companies in crisis get tailor-made help through our unique phase-gated turnaround method. Organizations in Crisis require an experienced Turnaround Manager with the right "Spirit" but also a well-funded Framework: Our unique 5by5 Method.
-
5 by5 Turnaround
-
[accept.it]
- Internal view vs. Reality-Check
- Legal Check & Consequences
- Hypothesis & Shareholder Buy-in
- 5d Continuation Prognosis
- Go-On Decision
-
[survive.it]
- Disclose & Liase
- Fund & Secure Liquidity
- Analyze & Triage
- Containment Measures & Control
- Prognosis & Move
-
[plan.it]
- Leadership-Team & Governance
- Strategy Development & Execution Planning
- Busines Case & Finances
- Probing & Negotiate
- Go-On Quality-Gate
-
[turn.it]
- PMO & Leadership Team
- Kick-Off & Direct
- Execute & Adapt
- Coach & Reward
- Phase Out & Exit
-
[secure.it]
- Review & Learn
- Set Goals & Guidelines
- Communicate & Train
- Ongoing Vigilance
- Monitor & Improve
-
Turnaround
Our unique Turnaround method HELPS jeopardized Missions on their way back from red to green.
-
5 by5 Turnaround
-
[accept.it]
- Internal view vs. Reality-Check
- Accept & Engage
- Hypothesis & Management Buy-in
- 5d Adhoc-Audit
- Go-On Decision & responsibilities
-
[survive.it]
- Disclose & Liase
- Fund & Secure Liquidity
- Analyze & Triage
- Containment Measures & Control
- Prognosis & Move
-
[plan.it]
- Leadership-Team & Governance
- Strategy Development & Execution Planning
- Busines Case & Finances
- Probing & Negotiate
- Go-On Quality-Gate
-
[turn.it]
- PMO & Leadership Team
- Kick-Off & Direct
- Execute & Adapt
- Coach & Reward
- Phase Out & Exit
-
[secure.it]
- Review & Learn
- Set Goals & Guidelines
- Communicate & Train
- Ongoing Vigilance
- Monitor & Improve
-
A Turnaround is a set of strategies designed to rescue a failing business, an important corporate mission, or project. Depending on the type below, we adapt legal, financial, and organizational 5 by5 procedures.
Strategic
Financial
Project
Operational

Supporting the interest of owners, investors, or insolvency administrators we drive surviving strategy changes in your business entities in crisis. Possible scenarios to appoint us, depending on goals and situation.
CRO / CEO & board member
Being assigned by the owners, a CEO, or an Insolvency administrator in the role of a CRO (Chief Restructuring Officer) we offer emergency support in defining and executing urgently needed cross-company measures.
Interim CIO or CTO
We are specialized in Tech- & IT-oriented assignments.
In the capacity of a CIO or CTO, we are keen to
- support you in fighting back for profitability & operational excellence (operational turnaround)
- strengthen the position of your IT department and its role in a crisis situation
- align IT with the goals of your overall strategic turnaround
Interim CDO
Digitalization is nowadays a must in any re-adjustment of enterprise strategy, to avoid or fight crisis situations.
As a CDO (Chief Digitalization Officer) being a hybrid with one leg in the business world and the other in technology, we know how to deal with these ambiguities.
Member of a controlling bodyMember of a controlling body
A strategic or operational crisis needs attention action. Based on our long-standing tech & IT management background we know how to guide C-Levels and scrutinize their turnaround strategies or even management style in the era of ongoing disruption, digitalization, and work 2.0.
Program lead or project manager Program lead
Strategic cross-company missions, programs, or projects are often of existential importance for the C-Suite. Failing is often not an option, as otherwise, the company would be in existential danger.
We can take over such highly political missions even in case of strong resistance.
As well-experienced Crisis Managers we take immediate action, esp. in cases of amounting pressure or losing trust of your stakeholders.
Turnarounds are specific to the organizational level and situation, so are our possible assignments:
Mission lead
As assigned crisis mission leads, we drive planning & execution of cross-company or department-specific ambitions, where we apply an autonomous, agile-driven, and multidisciplinary style of working.
Example: crisis management in the area of M&A, like acquisitions or carve-outs
Program manager
Jeopardized programs are often of existential importance for associated tech departments and their heads. So, failing programs are often seen as a possible danger to their departments or their own carrier. In such situations, we can replace the current program manager, or -less disturbing- act as co-lead to give the program a new spin.
Example: Rescue operation of an ERP or Infrastructure implementation
Project manager
If a project fails urgent action is needed to get a better understanding of the situation and necessary actions. If needed, we can act as an interim project manager in such cases.
Example: An kind of isolated technical tasks
Embedded in a team as a SME
Another way of assignment is to act as a Subject Matter Expert. Exemplarily this can be the case in pre- or post-mergers (M&A, Mergers & Acquisitions).
External coach and advisor
Are you a project leader and want to stay in that position even if you are facing a very challenging project situation? Are you looking for visible or hidden help? In such a situation we can be commissioned as external coaches.
We encourage as well department heads who see their project manager struggle but want the project to succeed.
Engage.
Everything starts with the right engagement. Therefore, strengthening and confirming self-confidence, as well as a relentless 5D Assessment, are essential.
A crisis - if not originated by natural disaster or unexpected external events - is typically evident, but not taken seriously because of deep-rooted habits and beliefs. We are going to change this with undeniable facts and chained consequences!
Unfortunate circumstances, lack of seniority, wrong management decisions, too many "alpha's". ...Often it's a mix that brings the project to a halt.
Therefore (without any fingerpointing), we will re-evaluate the entire project and relentlessly reveal the truth.
A 5D IPR (Independent Business Review), or alternatively, an IDW S6 Continuation Report, is a vital basis to support your ambition to strengthen your own positioning, convince board members or banks & creditors about the current situation and necessary actions. Fact-based, it reveals the truth to break resistance or existing disbeliefs.
A 5D Audit (comprising five dimensions), or more officially, an IDW S850 Report, are a vital part to persuade yourself as well as stakeholders, and superior managers. It lays down a fact-based truth to prepare needed decisions.
- Clear picture of company situation Clear and unbiased picture of the current company situation
- Individual liability fully understood Strategies to avoid indivual liabilities (e.g. §1 StaRUG)
- Clarification of legal status Clarification on legal status and possible consequences
- Support of banks or shareholders Banks, creditors or shareholders support a possible turnaround
- Court or shareholder requests fulfilled Necessary preparation for court or shareholders' requests
- Sparring partner on self-confidence Get a sparring partner to reinforce self-confidence
- Support by possible allies securedSupport by management or other allies are secured
- Unbiased picture of project situation Clear and unbiased picture of the current project situation
- Interim ressource funding secured Interim funding secured, to have propper ressources
- Go-On decision paper prepared Decision paper is prepared and a turnaround decision expected.
Contain.
In a crisis, painful measures are inevitable. This is, when the expertise of an independent turnaround consultant matters, combining a management background with empathy.
In a threatening risk of financial distress or a strategic crisis, shareholders and esp. creditors (next to possible legal steps) expect to see effective action to eliminate deeper crisis infection and secure future stability.
In a project crisis, not much time is given to stop wasting resources and/or budget. But first of all trust and understanding has to be established within the project organization and external partners.
Triage & Rate is an important step to get the top management united in their ambition to generate instantly visible results. The method is used in executive workshops to evaluate fact-based current issues and define necessary turnaround actions.
Triage & Rate is our method to get a rating on quick wins based on a magic "triangle" of 5D results, project plan & goals, and optimization potentials that provide clear guidance to the turnaround team.
- 360° emergency mode activatedManagement and staff in "360° emergency mode"
- Right crisis measures applied to survive "Evaluation & Triage" carried out to survive crisis situation
- Financial stability achieved (short-term) Crisis measures focussing on financial stability, even when painful
- All legal obligations fulfilled (esp. StarUG) Legal obligations fulfilled, especially in a looming crisis (StarUG)
- Effective crisis containment Effective crisis containment by experienced Turnaround Managers
- Project team sworn in & on the same page Honest communication, project team as well as partners sworn in
- Equal measures regardless of status Unbiased risk mitigation regardless of management level or status
- The right set screws for every situation Strong project governance applied to improve T/B/Q adherence
- Changes only where absolutely needed Goals redefined where needed, but kept where possible
- Right methods applied by experience Right communication and methods applied by experience
Turn.
A sustainable turnaround requires perseverance. Only an extensive interlocking of execution and controlling, combined with strong change management, can pave the way back into calm waters.
Even if the existential threat to the company has been averted, the implementation determines the final success, as it involves the core business, which affects products, services, related TOM's, and FTE counts, and thus often also fundamental core beliefs...
After all first emergency measures, the real work - the structured replanning and strictly monitored implementation - only begins. Especially for operational projects, we also implement methods for long-term safeguarding.
Strategy & Turnaround Planning is a complex multi-phased approach: vision, mission, statement, core values, strategy, objectives, target operating models, reorg, KPI's, scenario-building & testing, execution planning, ...
We will smoothly guide you in shaping the future of your crisis-resistant organization.
Execute & Adapt is about carrying out the implementation of the defined project changes. Our focus lies on strong monitoring but preferably as well on an agile approach using methods like SAFe, to allow flexible responses to changing influences.
- Seasoned Turnaround ExecutivesLong-standing Turnaround experience leads to fast success
- Individually adapted strategyMission, strategy, TOM's, reorg... we guide you to the right design
- Focus on modern leadership style A strong focus on the management style will set future collaboration
- Network of experts for all your questions Dedicated expertise through our network (subject matter experts)
- Resilient future-proof organization We will make your organization resilient, agile and future-proof
- Turnaround management with empathy Experience and empathy is key to a successful turnaround
- Open project culture & InnovationAn open culture leads to innovation and opportunities
- Agility of the project organization Agile budgeting & execution adapts to changing requirements
- Strong controlling but coaching too The right mix of controlling and coaching leads to results
- Future-proof resilient PM organization We make your project organization resilient and future-proof
was key to success.
… Regaining trust was his key to success: Overcoming resistance on all sides and preparing the IT-organization for the start of the new CIO.
Together we defined a mid-term strategy, he rebuilt the communication between CEO and the IT, and set up a roadmap for each C-Level. Personally, for me (as Head of BI and Processes), he was an open-minded sparring partner.
He acted goal-oriented, on an equal footing, and with respect that enabled us to achieve common goals as a team. I’m grateful he accompanied us on that journey. I would definitely recommend him for comparable assignments.
A focused, strategic forward-thinking advisor!
So I learned Jens (in his assignment as crisis manager) in my role as EVP of SSI IT-Solutions to know.
He –very fast– identified the core issues in our organization, made the board and middle management aware and defined cross-company initiatives to work on needed changes. In discussions about organizational restructuring, process improvements, product strategy or even own management behavior and leadership he was very clear in his communication. If needed, he defended his position, precise illustrating the root cause and chained effects to the organization.
I appreciate his collaborative and sensitive way of work, bringing all parties throughout the organization together without losing focus. He was a valuable advisor on our mission to restore our operational effectiveness.
… was part of a challenging Telco strategy project in Asia where he took over responsibility for the Core IT Strategy of the fixed line and mobile incumbents (46 mio subscribers), called TCI and MCI.
The aim was to create a comprehensive path for both totally separated IT units to be converged and to put them later in a position to offer real FMC (Fixed Mobile Convergence). Strong Business IT Alignment modeling, Innovation Guidance or Governance were additional aspects of his tasks.
Even in contradiction to the already approved Business strategy of both business units, he developed a new convergent, short and long-term IT Strategy with deep implications for the Business.
While having good relations with C- and Top Level Management he was ab to inspire and protect his ideas. He acted with high professionalism. From my point of view -as a principal contractor- he was an excellent choice for this project.
Ready to Help
With our 5by5 method, we are paving the way back into calm territories.
Let us find out how we can support you.