Strategic crisis management requires extensive expertise in possible solutions. However, family businesses sometimes find it difficult to take the necessary measures. The reasons for this are varied and cannot be generalized. What is certain, however, is that if a family business hesitates too long in a crisis, it risks losing its life's work in the worst case scenario.

This is precisely where our new white paper comes in, illustrating the potential of appointing a Chief Restructuring Officer in owner-managed companies. After all, the CRO not only has the relevant expertise in dealing with crisis situations, but above all brings an objective perspective to the company and can thus make decisions independently of personal sensitivities within an entrepreneurial family.

At the same time, the integration of a CRO into a family business needs to be well prepared. Several factors are crucial to ensure that the restructuring expert can act as necessary, especially in times of crisis. Our white paper explains what these factors are and how owner-managed companies can successfully integrate a CRO into their corporate structures.