VIDEO: How to achieve ‘less blood in wartime’

Turnaround specialist Richard Thomson insists it is possible to achieve 'amazing outcomes' from 'scary' deals if you get your priorities right, in this two-minute video.

Richard Thomson, a managing director at RLT Advisory and specialist in turnaround situations, says managers will be mixed in terms of their preparation for a downturn in the cycle. Some will be proactive, others will wait until issues arise to do anything about them. The key, he urges, is to be proactive and not be put off by issues with sponsors and management teams – any situation is potentially fixable. And aiming high is crucial: never target outcomes that are just ok. Thomson was speaking at our Capital Structure Forum in London.