LEADERSHIP COACHING
Operator Selection
DEVELOPMENT ADVISORY
DEVELOPMENT ADVISORY
Equilibrium Hotel Consultants can assist with sourcing opportunities...
READ MOREOur team of skilled professionals will maximise your investment opportunity by carrying out rigorous and diligent due diligence assessments.
Equilibrium Hotel Consultants can assist with sourcing opportunities...
READ MOREWhether you are looking for a cost effective resolution and want to avoid disputes between your hotel management or franchise agreements Equilibrium Hotel Consultants is here to assist.
READ MORELeadership Coaching is about transforming good managers into positive leaders.
Leadership coaching, often referred to as business or executive coaching, is essentially about empowering key individuals in an organisation to foster creativity, innovation and collective engagement. It’s about enhancing a person’s abilities and skills to lead and to help the organization meet its commercia and operational objectives.
It’s about boosting one’s ability to perform as a leader and to achieve the vision.
Selecting the “perfect fit” in between a hotel operator and an owner and then engage in negotiating the best possible terms and conditions of the future Hotel management agreement which will accompany both parties often for a minimum term of 5 years and beyond, are the most critical tasks to undertake to ensure the optimal market positioning, trading performances and value of a hospitality asset.
Equilibrium Hotel Consultants has a global reach across all continents with the world leading international hospitality companies but also with the local reputable and recommended regional white label operators and brands.
Equilibrium Hotel Consultants can assist with sourcing opportunities to meet your investment criteria across all segments of the hospitality industry.
Equilibrium Hotel Consultants has acquired an extensive network of key industry leaders, investors, developers, technology providers around the world and will ensure you get in touch with the best people you want to connect with to fast track and grow your business.
Whether you are looking for a cost effective resolution and want to avoid disputes between your hotel management or franchise agreements Equilibrium Hotel Consultants is here to assist.
Our team are highly qualified mediators who act independently to resolve conflicts between parties by acting as a mediator. Every hotel management agreement should contain a dispute resolution provision and ensure the right kind of provision is available to resolve any given dispute. Often these provisions are multi-tiered and require different methods to resolve disputes.
We act in good faith in resolving a dispute by negotiating with both parties in order to reach an agreement and to avoid litigation.
Our goal is to reach an amicable solution that satisfies the needs of all parties.
In the normal life cycle of any company, the key person in control will from time to time face the challenging prospect to steer through some very challenging and difficult economic periods and fast changing competitive environment.
Often when the situation is getting critical, the future seems “gloomy” and all the signals lead to believe the company is failing and is facing insolvency or worst bankruptcy, many business leaders choose to ignore the early warning signs, often by denial or playing the blame game and simply bury their head in the sand rather than to adopt a proactive crisis management strategy.
Retaining as early as possible the services of an independent expert in Turnaround Management Strategy will often provide valuable expertise to engineer an effective action remediation plan at a time which is often on the critical edge of being too late.
A Turnaround Management Strategy will define the key critical stages of whether a company can be restructured to guarantee its long-term financial viability:
Stage 1 – Evaluate and Assess Current Viability
This stage can usually take a few weeks at it consists to identify accurately and in details the causes why the company/business is currently facing difficulties whether because of mismanagement, a downturn in revenues due to a lack of competitiveness, inadequate capitalisation leading to a higher than serviceable debt level or a combination of all these main reasons.
Stage 2 – Reposition and Develop Strategy
Derived from the lessons learned after the completion of Stage 1, the first step will be to stabilise the business to ensure its survival while new strategies are developed and modelised to best identify the way forward.
This stage could best be summarised by the rapid shift in company procedures and policies such as a possible change of leadership, better control of all operational costs, often adopting stricter cash-flow management initiatives, recurring to a possible short term financial restructuring, refocusing on the company’s core values and business, divesting unproductive assets,…
This stage which usually takes up to 4 months will allow the new management team to decide on the strategy to adopt while the company far from being out of trouble can still provide the fundamentals and be the base of its possible successful turnaround.
Stage 3 – Implement and Monitor
Once carefully engineered, the implementation and monitoring of any turnaround strategy will ensure the long term viability of the company/business.
This will be the result of a diligent process and placed under the responsibility of the newly formed crisis team empowered to ensure the new policies and strategic choices recommended are enforced and regularly evaluated in accordance with Key Performance Indicators set in the adopted turnaround strategic plan.