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Restructuring Communications

by Richard Wright

Restructuring, mergers, financial difficulties and other major business changes can create uncertainty for everyone connected to an organization. Employees worry about their future. Customers question continuity. Suppliers assess risk. Investors look for confidence.

Restructuring Communications - Protecting Reputation Through Change

Restructuring, mergers, financial difficulties and other major business changes can create uncertainty for everyone connected to an organization. Employees worry about their future. Customers question continuity. Suppliers assess risk. Investors look for confidence. Regulators and government officials consider the broader impact. During these periods, how an organization communicates can be almost as important as what it does. The Tantalus Group helps companies develop communications strategies that protect corporate reputation, maintain stakeholder confidence and support the long-term objectives of a restructuring or turnaround.

Communication Is Part of the Turnaround

A restructuring is not simply a financial or legal process. It is also a communications challenge. Tantalus works with private, public and family-owned businesses to develop communications strategies around financial restructuring, mergers, insolvency and organizational change. Our approach brings together experience in:

Stakeholder Communications

Developing targeted communications for employees, customers, suppliers, investors, regulators and government officials.

Crisis Communications

Preparing organizations to respond quickly and consistently when difficult news becomes public or circumstances change unexpectedly.

Reputation Management

Protecting the organization’s brand and credibility while communicating a credible path forward.

Change Management

Helping employees and other stakeholders understand what is changing, why it is happening and what comes next.

Monitoring & Analysis

Tracking media, online conversations and stakeholder sentiment to identify emerging issues and inform communications decisions.

Planning Before the Pressure Builds

The strongest restructuring communications plans begin before the most difficult moments arrive. We help leadership teams identify key stakeholders, anticipate concerns and build communications around the milestones that matter, from early financial difficulties and restructuring announcements through implementation and eventual repositioning. A strong plan considers:

  • What each stakeholder group needs to know
  • When and how information should be communicated
  • How legal and financial milestones affect communications
  • Which messages should be consistent across audiences
  • How media and online sentiment should be monitored
  • How the organization will communicate its long-term direction

Good planning gives leadership more control when circumstances become less predictable.

Communicating With Every Stakeholder

Different audiences have different concerns.

  • Employees may be worried about job security and the future of the organization.
  • Customers want confidence that products, services and relationships will continue.
  • Investors need credible information about the organization’s financial position and future prospects.
  • Suppliers and partners need reassurance about ongoing operations and commercial relationships.
  • Regulators and government officials may be focused on employment, economic impact and regulatory obligations.

A single message rarely works for everyone. We help organizations develop clear, tailored communications for each stakeholder group while maintaining one coherent overall narrative.

From Restructuring to Repositioning

The communications challenge doesn’t end when a restructuring is complete. The final stage is rebuilding confidence and communicating what the organization has become: stronger, more focused and positioned for the future. Tantalus helps organizations communicate this transition and reposition their reputation with employees, customers, investors and other stakeholders. The objective is not simply to manage a difficult period. It is to help the organization emerge with greater clarity, credibility and confidence.

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Richard Wright

Senior Consultant

Hong Kong

SAR P.R.C.

,
Dick has been working out of Hong Kong and across the Asia Pacific for over 24 years. During that time, he has worked in agency with Hill & Knowlton and in-house with Lucent Technologies.
LinkedIn

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Richard Wright


Dick has been working out of Hong Kong and across the Asia Pacific for over 24 years. During that time, he has worked in agency with Hill & Knowlton and in-house with Lucent Technologies, Alcatel and BT Global Services. During these years he developed a two-pronged expertise of crisis issues management and media skills training, alongside a Telecommunications technology focus working as a part of Asia Pacific and global teams. He has extensive experience in ‘real’ crisis comms situations.  These include extensive redundancy communications, hands-on crisis situations including FCPA and labour issue work in China and employee issues in Guatemala with US owners and Chinese contractors. He has also built four day training programs with hundreds of participants, across multiple cities. He was a registered Lobbyist in Ottawa for the Government Business Consulting Group where he focused on big pharma patent protection, open skies between Canada/US and procurement issues in expanding private business opportunities in the government procurement process. Dick has an MBA from Kellogg/HKUST, a degree in Asian Management and a Bachelor of Arts in Political Science, English & Economics. He speaks English, some French and basic Cantonese.

Senior Consultant

Hong Kong

SAR P.R.C.

,
LinkedIn

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