Operational Consulting

When a Fortune 500 media and entertainment company faced the challenge of an obsolete legacy strategy amid declining TV audiences, AlixPartners embedded within the organization to assess a $4 billion cost base. The team identified opportunities to reshape the organization and developed an automation playbook that enabled rapid diagnosis of AI-related process opportunities.

In the aviation sector, an aircraft manufacturer was grappling with rising costs as pandemic travel plummeted. AlixPartners conducted a thorough analysis and, within 11 weeks, identified nearly $3.2 billion in potential cost reductions, helping the company navigate through financial difficulties.

A global software business struggled to bring a "cloud native" product to market after two years of development with another consulting firm. AlixPartners intervened by hiring a new R&D team and reorganizing the company structure to facilitate an agile workflow. This strategic shift allowed the company to evolve its architecture from a distributed monolith to a true microservices model, resulting in a market-ready product within six months.

An offshore drilling contractor was facing $3.8 billion in debt and litigation across multiple jurisdictions. AlixPartners led the due diligence for a restructuring proposal, conducted a liquidation analysis, and developed a post-restructuring business plan, ultimately salvaging the company with a $4 billion court-sanctioned refinancing.

In another case, a large tech company was at risk of incurring a multi-billion-dollar penalty from the FTC due to privacy-related concerns. AlixPartners built a comprehensive privacy risk program and laid the groundwork for mitigation initiatives to address these risks effectively.

A globally renowned live events company, facing pandemic-induced bankruptcy, turned to AlixPartners for assistance. The firm identified over $160 million in incremental revenue opportunities through a digital transformation strategy over a three-year investment period, which included $130 million in growth from "classic" ticket sales driven by a smart digital plan.

When a household-name omnichannel retailer faced pressure from activists to separate its $8 billion e-commerce channel, AlixPartners recommended enhancing the digital business in-house. The firm assessed 147 initiatives that were projected to generate an additional $1.2 billion in revenue growth, focusing on expanding social commerce and other opportunities.

Lastly, during a liquidity crisis at a national retailer that threatened 55,000 jobs and 15% of GDP, AlixPartners intervened to dissect an over-leveraged portfolio, salvage value, and lead a fundraising effort that secured €1.1 billion, stabilizing the economy.