Will Schumacher recently published the article, “How a CRO Can be a Tool for Winning Friends & Influencing People,” in the Journal of Corporate Renewal. In any distressed situation, the earlier a CRO is in place, the more options are available to drive a consensus among key stakeholders to achieve a restructuring plan. By installing a CRO as a change agent to establish credibility, objectivity, and stability with stakeholders, a distressed company will gain an important advocate in influencing these same stakeholders in the process to turn around the company.
Read the full article here.
