Latest news Archives - The IFT

Awards Winners 2021

We were delighted to see so many of you at the IFT Annual Awards 2021 and would like to thank you all for coming to celebrate the very best of business turnaround with us.

The IFT would like to say a huge thank you to Paris Clark-Roden and Ali White for doing such a fantastic job at presenting the evening. We would also like to extend a huge thanks to our event partner CREDEBT Ltd.The Debtor Book Professionals.

Well done to all those shortlisted, and a huge congratulations to last nights winners.

Navigating the Pandemic and Beyond: The Contribution of Turnaround to Business and People

In a normal business cycle, the reasons why businesses need turnaround support are many and varied. Since the beginning of the global pandemic, many businesses have been heavily reliant on government support which has meant that although the number of companies in distress in 2020 continued to rise during the pandemic, insolvencies fell by 27 per cent when compared with 2019.

In this report, Navigating the Pandemic and Beyond: The Contribution of Turnaround to Business and People, we highlight the huge contribution IFT members make and the value they create for society and the economy.

We estimate that in 2020 IFT members and corporate partners saved more than 200,000 jobs and protected £2.9 billion in enterprise value. The report analyses the profound impact which the pandemic has exerted and continues to impose on the economy and businesses, at a time when business recovery is even more important to the economy and people.

Our research, conducted during the Covid-19 disruption, highlights how we expect Covid-19 to drive higher demand for turnaround services for the remainder of 2021 and beyond.

To download the report please click here.

For press information and media enquiries please contact:

Michael Evans

Director

Byfield

+44 (0)7732 148 511

michael@byfieldconsultancy.com

Swift – National Conference 2021

In the National Conference special edition of Swift, The IFT’s quarterly magazine, you can read about this year’s virtual National Conference, including the agenda for each morning, articles written by the members, corporate partners and special guests that spoke and messages from our Chairman and CEO.

To view and download the latest edition of Swift please click HERE.

If you are interested in contributing to the next edition of Swift please email NProctor@the-ift.com.

Swift – Spring 2021

In the March 2021 edition of Swift, The IFT’s quarterly magazine, you can read about our upcoming IFT events, including our National Conference in April, IFT news as well as articles written by members and corporate partners.

To view and download the latest edition of Swift click HERE

 

 

 

 

THE INSTITUTE FOR TURNAROUND FINANCIAL ROADMAP FOR SMES

This roadmap shows the critical points ahead for SMEs, so businesses can seek early intervention in the form of help from an accredited turnaround professional. This roadmap has been updated to reflect the announcements made by the Chancellor in the 2021 UK Budget on 3 March 2021, which extended several coronavirus support measures and outlined plans for the UK’s post-pandemic recovery.

Details are still emerging, and information is correct as of 10 March 2021 but subject to change at short notice given further government announcements.

This roadmap was created in association with Playfair Partnerships Ltd. Please contact John Playfair or Simon Playfair of Playfair Partnerships Ltd if you require further assistance.

John Playfair: 07970 619986
Simon Playfair: 07968 198550

You can download the infographic in PDF format HERE

 

Delivering at Pace: A Benchmarked Analysis of the Traits, Skills and Drivers of Turnaround Leaders

We are pleased to publish our report with Korn Ferry, Delivering at Pace: A Benchmarked Analysis of the Traits, Skills and Drivers of Turnaround Leaders. Korn Ferry are global leaders in executive search and using their psychometric profiling toolkit we outlined the key dimensions of turnaround leadership skills and talent.

We believe this study represents the first close analysis of the competencies, traits and drivers associated with turnaround leaders – the Chief Restructuring Officers, Chairs, Chief Executives and Turnaround Directors who have developed a specialism working at the most challenging edge of leadership for distressed or underperforming businesses.

To view and download the report please CLICK HERE

For press information and media enquiries please contact:

Riyah Davies, Communications & Public Affairs Executive: rdavies@the-ift.com

COVID-19

COVID-19 IFT Response

During these uncertain times the IFT is committed to helping its members navigate the crisis. As a result of this the IFT is actively creating content for members to access on the COVID-19 crisis. On this page you can find a comprehensive list of the different articles, webinars and partner websites that cover a broad range of COVID-19 based content.

Articles

Handwashing And Beyond: Key Turnaround Advice For Businesses Under Stress

Liquidity – A Lesson From Past Crises By David Tilston

Webinar Replays

Workforce and employment matters

Corporate Partner Advice Hubs

BDO

BTG Advisory

Deloitte

Duff & Phelps

DLA

Gateley

Grant Thornton

Freshfields

FRP

FTI Consulting

KPMG

Macfarlanes

PwC

THM Partners

Sullivan & Cromwell

THE INSTITUTE FOR TURNAROUND FINANCIAL ROADMAP FOR SMES

After the re-introduction of national lockdown restrictions earlier this month, we have updated our financial roadmap for SMEs to reflect the recent changes to government guidance and support measures.

Details are still emerging, and information is correct as of 14 January 2021 but subject to change at short notice given further government announcements. We do expect further detail to follow.

This roadmap was created in association with Playfair Partnerships Ltd. Please contact John Playfair or Simon Playfair of Playfair Partnerships Ltd if you require further assistance.

John Playfair: 07970 619986
Simon Playfair: 07968 198550

You can download the infographic in PDF format HERE

The IFT End of Year Review 2020

In a difficult year for us all, we have been busy in terms of recruiting new members, promoting turnaround excellence and developing our offer. We would like to thank all our Members and Corporate Partners for their generous contribution of time, resources and insight.

You can read more about what the IFT has achieved and been up to in 2020 in our Review of the Year, available to view and download HERE