The
Vision Made a Reality
by President and Founder, Roderick Lloyd
The Vision
12 years ago, I had a vision to offer a rapid
and focused turnaround service with a 100% results
based fee structure. At that time and at this
time, the major turnaround consulting firms will
take1-2 years to complete an engagement and they
will charge for their advice and not their
results. I developed and engineered this new
concept and for over 10 years now we have established
an outstanding reputation for consistently meeting
our clients’ goals and in less than half
the time of the traditional turnaround process.
The key: focusing exclusively and uniquely on
the resolution of corporate liabilities.
The ‘Turnaround’ Industry
No
other firm in the nation operates on this basis
for two reasons:
- They are generally larger firms
with a high overhead which they expect their
clients to absorb irrespective of the results
obtained.
- These firms simply do not have the success ratio on assignments to support a 100% results based fee structure. They tend to have an extended reporting structure and an established longer term process that denies them the speed and flexibility essential to focus on the pressing priorities which are essential to ensure a quick and successful outcome, and, sometimes even the very survival of the company.
The LBT Approach
LBT is the only firm that operates
on this basis because:
- Our team is rewarded on results obtained
i.e. A low overhead.
- Our track record is second to none, with
over 90% of our assignments being successfully
concluded.
- We only accept a limited number of engagements each year and we carefully select our engagements to ensure that we can continue to offer this service on these terms.

