|
Experience shows that there is a general mismatch and lack of
knowledge about operations in these circumstances and that guidance
and input from HQ is lacking. Sometimes that fundamental
knowledge then has to be acquired too rapidly in the strained
atmosphere of sharp decline.
The way to improve and maintain
good knowledge of subsidiaries and their management teams is to carry
out a broad in-depth business review looking at all departments; it
doesn't need to be a time consuming exercise, but it is vital.
It doe call for both uninterrupted time that HQ management simply
doesn't have and for linguistic ability, all too often lacking in many
English and American groups.
This is where
companies can profit from the use of a Global Interim Executive.
|
Using an interim manager as a short term add-on power for the task is
not only cost efficient but a solution to bringing overseas subsidiaries
on board. The executive is not seen as the "head-office
guy" (or spy) since he is not involved in corporate politics.
Presented to local management as a facilitator and an aid to better
understanding with HQ, many of our more able general managers will be in
a position to take over and turnaround the subsidiary if the softer
approach does not effect the essential improvements.
Global Executives is in a position to make available the appropriate
experience and linguistic ability very rapidly. Ross
Allen, himself based in France for all European needs, will bring
his wide general management experience to resolve your challenge.
Call us to discuss your requirements.
|