Services - Restructuring - Informal
Chief Transformation / Restructuring Officer
Olvera believes that an effective CRO creates a reset for an organisation, they inspire and embed the change that needs to happen for an organisation to succeed.
They are the role model that management and employees follow.
A CRO’s role is to balance short term gains made against long term value. They are not held back by the failures of the past and can be independent to history of the business. Performing the same thing repeatedly and expecting a different outcome is the sure pathway to failure.
Their mandate—responsibility for ensuring that profit and cash targets are delivered. They should be fully integrated into the executive team and report to the CEO and Board, and their compensation must be linked to performance, with a bonus for delivering over and above the targets.
The CRO sets the direction and the plan to be executed by the business, they set the tone, creates enthusiasm, and challenges the norm.
CROs do nothing without facts and independent analysis. The most successful transformations we have seen are the result of CROs leveraging the efforts of the team. They recognise and reward outperformance.
How we can help
Olvera’s roster of specialist interim CROs can be placed for both short and long-term contracts, or for specific projects or programmes.
Our services include:
- Short and Medium term CRO contracts; and
- Special projects CRO
