A business turnaround consulting service in China provides adapted and data-based solutions to firms in need of a re-orientation of their resources and efforts. Daxue Consulting has developed a set of close-to-market methodologies to identify new market opportunities in China in line with the ambitions and available resources of our clients.
Daxue Consulting also works with growing companies, assisting them with various challenges from anticipating market shift to arranging an internal re-organization.
Our steps for a business turnaround in China
Audit
By screening its distribution channels, brand image, and positioning, we identify where the brand has room for improvement and need for a re-orientation, by screening its distribution channels, brand image, and positioning.
Focus
We identify, define and quantify the consumer segments the brand can focus its marketing effort on.
Recommend
Our team will provide clients with strategic recommendations to re-orientate their resources through 3 scenarios – the main, most favorable, and market-changing scenario.
Follow up
Our consultants will offer a quarterly follow-up to evaluate brand health and to monitor KPIs to take stock of the work done.
When to pot for business turnaround services
Business turnaround services in China are instrumental when businesses encounter significant challenges or face underperformance. These services prove particularly valuable in scenarios of financial distress, operational inefficiencies, market adaptation, and organizational restructuring. By availing business turnaround services, businesses in China gain access to expert guidance, fresh perspectives, and strategic initiatives to revitalize their operations. This enables them to navigate difficulties, restore financial stability, and ensure long-term success in the competitive Chinese market. Turnaround services help businesses analyze root causes, optimize processes, and implement necessary changes to drive profitability and enhance overall performance.