Glossary of Terms:
Key Operating Statistics (KOS): STORM approach to measuring performance that eliminates conflicting information for an accurate reflection of financial and operating performance. Based on focused measurements, this data allows management to react quickly to negative trends and maximize rectification.
Post-Bankruptcy Action Plan/ Emergence Plan: Customized, 100-Day action plan developed by STORM Lead Advisors to help companies navigate the negative mindset that often accompanies Chapter 11 environment. This process involves careful analysis and strategic goal setting to provide the most positive experience possible for clients.