Helping companies to ensure business survival in the face of a crisis.
Chief Restructuring Officer Service (“CRO”)
Whenever a company is slipping into financial or operational turmoil, yet its Chief Executive Officer (“CEO”) has to closely focus on day-to-day business, the appointment of a Chief Restructuring Officer ("CRO") can be a valuable option. Today, the financial community increasingly recognizes the importance of companies hiring a CRO as this role supports creditors and shareholders in efforts to rebuild confidence. More importantly, a CRO has the experience and know-how to help stabilize a business, which subsequently results in value creation or preservation.
Helping business to survive, recover, and emerge stronger from a crisis.
Crisis in a business environment is often sudden and unforeseen and can leave even the best-laid continuity plans feeling inadequate and limited. Some organisations will never have faced a crisis before and may therefore require assistance from senior professionals who have experience in advising senior management teams to ensure that a crisis is sufficiently well managed to prevent it from spiralling out of control.