Many things that have worked for decades become fragile during generational change. If management structures and decision-making processes begin to falter at a time when external demands are already putting considerable pressure on the family business, there is a risk of escalation: the leadership vacuum can quickly become an existential threat and, in the worst case, lead to the gradual loss of a lifetime's work.

During this critical phase, a Chief Restructuring Officer (CRO) can provide urgently needed relief. In our new white paper, we highlight the advantages of a CRO, especially for family businesses, and how they can be used to stabilize and strategize in times of crisis when succession is unclear.

It is important to understand the role of the CRO as a temporary sparring partner who maintains the company's ability to act and relieves the owner family both emotionally and operationally. This paves the way for the next generation and sets the strategic course for a successful future.