While much of the world at large has been stilled as a result of the COVID-19 crisis, the restructuring world is moving at warp speed. Our state of preparedness as professionals will now be tested, and we at TMA are at the ready.
These past few months have tested so much in so many of us. It has tested our resilience, perseverance, and will to adjust and adapt as we find ways not just to survive but to thrive. While there will be much pain and suffering to manage as the economic crisis that is upon us continues to unfold, there is little doubt that the best of us will be tested in every way.
Professional services firms have had cutbacks and layoffs, and all of us know someone affected by this challenging aspect of the new normal. While many of us are whiplashed and winded, our organization stands as a home, a place of comfort, support, and knowledge. Today we are not just TMA Ready. We are TMA Strong.
The people, power, and purpose of TMA have never been needed as urgently as they are today, and, with each passing day, the need will continue to grow more urgent and critical as we start to navigate difficult times that will need steady and sure hands to get us through.
Sometimes, however, crisis takes on a very personal tone, as it has for me. It means in the fraternal community of who we are that we all consider the personal stresses and upset this moment has caused and why we need to be unafraid to support each other as friends and colleagues most of all.
For those in our community who have been furloughed, laid off, or forced to pivot to survive, your TMA family is at the ready to help. Whether it be advice, a recommendation, an introduction, or an empathetic ear, we are here for you.
Through and through, TMA continues to rise above as it exceeds all expectations in demonstrating how vital we are in helping businesses navigate these difficult times. Demonstrating the power and reach of #BetterTogether and #Opportunity2Impact means we will stand strong, continue to grow, and remain supported by our leaders, sponsors, and members worldwide. Beyond that, our friendships have been solidified and our personal support of each other cemented in time.
It is no easy task to move a mountain, but one need only look to TMA to see how it’s done. Thank you to all for your commitment, creativity, and fortitude in this time of crisis. You are revered and respected and because of that, the entire restructuring community will, first and foremost, look to us for support and guidance. That’s connectivity at its finest, and the power of this forward-facing TMA is more abundant than ever.
At the Turnaround Management Association, we pivot with purpose, lead with determination, and will push through this turbulent time with a force of will that continues to define the critical importance of our worldwide organization every day.
Scott Y. Stuart, Esq.
TMA Global CEO