Operational Consulting

When a Fortune 500 media and entertainment company faced the challenge of an obsolete legacy strategy amid changing consumer behaviors, AlixPartners embedded within the organization to assess its $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 another instance, an aircraft company was struggling 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 its financial challenges.

A global software business had invested two years in developing a "cloud native" product without success. 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 grappling with $3.8 billion in debt and litigation across multiple jurisdictions. AlixPartners led the due diligence for a restructuring proposal, conducted a liquidation analysis, and crafted a post-restructuring business plan, ultimately salvaging the company through a $4 billion court-sanctioned refinancing.

In the face of stagnant shareholder value and a CEO exit, AlixPartners redesigned the corporate center of a global industrial company, achieving a remarkable 63% reduction in corporate costs.

A large tech company was at risk of facing a multi-billion-dollar penalty from the FTC due to privacy concerns. AlixPartners developed a comprehensive privacy risk program and initiated mitigation strategies to address these risks effectively.

For a globally renowned live events company facing pandemic-induced bankruptcy, AlixPartners identified over $160 million in incremental revenue opportunities through a digital transformation strategy over three years, including $130 million in growth from "classic" ticket sales driven by a smart digital plan.

When a household-name omnichannel retailer was pressured by activists to separate its $8 billion e-commerce channel, AlixPartners recommended enhancing the digital business in-house. The assessment of 147 initiatives aimed to generate an incremental $1.2 billion in revenue growth, focusing on expanding social commerce and other opportunities.

Lastly, during a liquidity crisis threatening a national retailer and, by extension, the economy, AlixPartners meticulously analyzed an over-leveraged portfolio, salvaged value, and led a fundraising effort that secured €1.1 billion, preserving 55,000 jobs and 15% of the nation's GDP.