Most value is won or lost before anything is broken
In credit situations under pressure, performance is deteriorating but outcomes are not yet fixed. Decisions are still discretionary.
Each decision feels reasonable in isolation. Together, they determine how much leverage you retain and what remains possible later.
Leverage is lost gradually, then suddenly
Early action preserves leverage. Delay compounds the loss.
We show you where your team gives up leverage - before you realise it.
A situation under pressure
A borrower is underperforming but not yet in breach. You decide whether to engage, wait, or accommodate. Each decision is defensible. The cumulative effect is not.
By the time the situation is clearly stressed, most of the leverage may already have been given up.
Step into a decision sequence
You will make a small number of decisions in sequence. Nothing will appear obviously wrong. Then you will see what those decisions made harder later.
Working with GovernanceRehearsal
1. See an example environment
Step through a situation under pressure and see how decisions affect leverage and optionality.
2. Initial setup
We work with your team to capture prior situations and build your environment. This includes structuring real situations as decision sequences, mapping how decisions affected leverage and optionality, and calibrating how situations evolved over time.
The result is a working environment based on your own portfolio history.
3. Ongoing use
Teams use the environment as situations come under pressure - working through decisions before they are forced to make them.
Or contact: contact@governancerehearsal.com