Dear readers,

The economy is in a state of flux. Companies across nearly every sector are grappling with significant challenges, some of which are existential. They can't afford to wait for conditions to improve; they must adapt to the changing landscape and market shifts now—and quickly. According to our survey of top executives at 200 industrial companies, nine out of ten are either already implementing transformation or restructuring programs or plan to do so this year. But what makes a transformation or restructuring truly successful in the end? How do you ensure that you not only cut costs but also evolve your business model simultaneously? 

A sustainable turnaround can only be achieved if cost-cutting measures are integrated with investments in innovation and growth. How do you get top and middle management, as well as the entire workforce, to buy into and support the sometimes drastic changes? We answer these questions and more in this issue of CxO News, including: 

• Exclusive interviews with high-profile CxOs from top companies: Dr. Ariane Reinhart, Head of Human Resources and Member of the Executive Board at Continental; Carolin Nadilo, CFO at thyssenkrupp Decarbon Technologies; and Stephan Schulz-Gohritz, CFO of Mister Spex. 

• Practical insights from our experts Patrick Heurich and Stefan Roeske, who demonstrate how to establish an "early warning system" that pinpoints the critical areas for action. 

• The results of our brand-new study of 200 manufacturing companies on their transformation measures, sales prospects, and personnel plans. 

 
I wish you an exciting read!  

Helmut Ahr
CEO Horváth