Biography
Michael Weßling is experienced in dealing with companies experiencing difficult earnings or liquidity situations. He is able to quickly identify and clearly explain the causes of financial problems. He initiates related solutions, such as process optimization, cost-cutting programs, and a critical review of investments. He can also guide management teams to new solution options (organizational changes, sales expansion, etc.). To ensure the sustainability of the solutions, he also delves into the details of reporting. In this regard, valuations and possible controls are particularly important to him, and these must be reviewed in advance.
Based on his many years of expertise, he has drawn up integrated plans on several occasions and discussed profit-oriented plan-actual deviations and measures with management.
He has supported due diligence projects from various perspectives. In addition to divestitures and spin-offs, he has integrated parts of companies into existing organizations. He has extensive knowledge of the associated change management processes and the restructuring of units. In his experience, he can always find solutions for the financial transitions involved.
Thanks to his diverse international experience, Mr. Weßling is well-versed in global issues, both culturally and personally. Among other things, he has successfully implemented global SAP solutions in various countries on several occasions. He is equally familiar with the specifics of large international corporations and with owner-managed medium-sized businesses.