Organizational Restructuring Services
Organizational Restructuring Services in Dubai, UAE
AL MERAK Organizational Restructuring Services in Dubai, UAE include expert services to reconfigure processes inside and between firms, as well as advice to management and stakeholders of failing and financially distressed businesses on how to improve their performance. AL MERAK professionals will examine and standardize your firm and recommend adjustments to increase overall business efficiency, saving you money and time.
Why Organizational Restructuring?
Companies cannot afford to continue doing business as usual since the international market and customer preferences are changing so rapidly. If they wish to play key roles in the marketplace or even survive, they must put effective organizational restructuring mechanisms in place. Organizational restructuring procedures should be based on solid strategic planning, driven by innovation, or as a strategic response to unexpected circumstances.
Organizational restructuring, also known as business process restructuring, is the process of investigating and reorganizing processes inside and across firms in order to improve end-to-end development and eliminate non-value-added operations. As part of the organizational or company restructuring services in Dubai, AL MERAK professionals will review and standardize your business processes against best practices and will support modifications in procedures to:
- Improve efficiency in business processes.
• Improve internal control processes.
• Save time and money.
• Enhance governance.
Organizational Restructuring Processes
Organizational restructuring services encompass a broader variety of procedures, such as performance improvement, financial restructuring, recapitalization, and so on. The operations listed below are covered in organizational restructuring services in Dubai.
1. Comprehensive management:
AL MERAK specialists will examine the process and provide positive standards to strengthen the firm and develop winning strategies via cost reduction, liquidity creation, product line rationalization, asset operation, improvement, and competitive positioning.
2. Financial restructuring:
AL MERAK professionals will assess the company’s financial activities and justify the debt-equity structure through the process of liquidity management, balance sheet restructuring, working capital refinancing, and so on.
3. Improved performance:
AL MERAK professionals will examine your company’s performance, generate critical functional competencies, and assist the firm with strategic action planning, organizational and personal development, marketing and sales, financial planning and MIS, and business process reengineering.
4. Recapitalization:
AL MERAK specialists will evaluate the current procedures and provide appropriate measures to attract new investments and owners. We assist you in developing a suitable business strategy, increasing the value of your firm, locating investors, and advocating for you during investor/strategic buyer talks.
5. Establishing internal control procedures:
AL MERAK specialists will examine the control system and recommend instruments for the restructuring process.
• Proper organizational hierarchy.
• Duties are segregated.
• Changed staff responsibilities per department.
Why do companies restructure their financial and business operations?
Business restructuring services in Dubai are often used to address internal or external concerns. The reorganization might be for internal causes or for external concerns. AL MERAK professionals investigate the causes and provide appropriate ways to raise the level.
Internal causes for corporate restructuring: -
• Poor cash flow.
• Lack of leadership skills.
• Productivity below potential
• Static or falling income.
• Low gross margin.
• High operational expenses.
• Over or underinvestment.
• High labor expenses.
• Inconsistent duties and responsibilities.
• Poor internal communication.
• Ineffective marketing budget allocation.
• Poor process design.
Examples of some external factors for corporate restructuring.
• New shopping trends.
• Novelties that transform the market.
• The company’s market share has decreased owing to competition.
Some Common Impediments to Restructuring
• Employees showed resistance.
• Managers and employees’ reactions to organizational reorganization.
• Obstacles faced by corporations.
Tools required to successfully complete organizational restructuring procedures
• Clear strategy.
• Demonstrating knowledge and motivation.
• Satisfactory resources
• An effective stencil for implementation.
• Shut down loss-making firms based on profitability analysis.
• Diversified business activity across several portfolios.
• Develop corporate rules and processes aligned with Management’s vision.
• Adhere to IFRS and ISA accounting policies.
Organizational Restructuring Strategies:
AL MERAK employs systematic methodologies in its organizational restructuring services in Dubai and the UAE. Before redesigning the organizational structure and design, keep the following essential ideas and techniques in mind.
• Align organizational structures.
• Reduce complexity.
• Improve exercise levels.
• Creating practical roles.
• Achieve work-life balance while managing several supervisors.
Full restructuring can be performed when the test phase is completed, which may take several cycles. In reality, it is a continual cycle of improvement rather than a procedure with a defined finish.
How do you plan organizational restructuring strategies?
The following techniques should be considered while developing organizational restructuring strategies.
1. Prioritize quality over quantity.
• The size of the firm.
• In product development.
2. Use good communication:
• Maintain internal contact with team members to enable full participation in the course.
• External contact with corporate leaders, innovators, and influencers in functional areas.
Benefits of Organizational Restructuring:
• Reduce future operational costs.
• Reduced payroll expenditures.
• Outsourced activities are cost-effective compared to in-house staff.
AL MERAK Organizational Restructuring Services
AL MERAK is equipped with the BIG 4 experienced people to examine your company’s internal and external difficulties and provide appropriate steps for organizational restructuring in the UAE. Only financial specialists can provide appropriate restructuring plans because accounting is the foundation of any firm. Only financial specialists can provide appropriate restructuring plans because accounting is the foundation of any firm. Financial discipline in a firm is the foundation for all businesses to prosper. Thus, the significance of AL MERAK is inevitable.
AL MERAK professionals will uncover ways to raise your company’s efficiency in overall business processes, recommend solutions to strengthen controls, and improve the level of governance while saving you time and money.
Aside from organizational restructuring services in Dubai and throughout the UAE, AL MERAK provides all other business-related services, such as CFO services, Internal & External Audit Services, Audit in Free Zone, VAT Return Filing Services, and a variety of other services tailored to your specific needs.
Feel free to contact us; our expert will provide you with a one-hour consultation on your company needs.
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Frequently Asked Questions on Organizational Restructuring Services
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