Stefan Smyth is a financial and business restructuring professional currently serving as the EY-Parthenon Africa Turnaround and Restructuring Strategy Leader.<\/p>\n
He is responsible for supporting EY clients, from design to delivery, focusing on practical solutions that yield measurable results.<\/p>\n
Smyth has a 20-year career in the UK Insurance Business Process Outsourcing sector, specialising in operational optimisation and restructuring for a global insurance broker.<\/p>\n
He emigrated to South Africa in 2009 and launched a full-service restructuring practice for a global consulting firm before joining EY Parthenon in January 2021 where he develops and builds the turnaround and restructuring business across sub-Saharan Africa.<\/p>\n
In this Business Talk interview, Smyth discusses the pillars and actions needed to develop resilient businesses.<\/p>\n
He highlights the common factors that he sees across financially distressed businesses, and he offers advice to business management on what they should be focusing on in times of uncertainty.<\/p>\n
Smyth also shares practical advice for businesses to avoid falling into distress, and how businesses can restore their health and become resilient.<\/p>\n
The full interview is embedded below. You can find all Business Talk with Michael Avery interviews\u00a0here.<\/a><\/strong><\/p>\n