Major Goals Managing Director
After several years of presence in India, the local subsidiary company did not achieve its business goals & objectives in terms of volume/market share or profitability, while the Indian market in general was doing well. The local management was not able to capture the growing product demand and to gain market share.
There were conflicts between the local management and the global executive team; cultural differences also contributed to the low morale, friction, and hence, business suffered.
After carefully analyzing this situation, the global executive management decided to remove the business head of India immediately and to replace him with a Brainforce Interim Managing Director.
His main taks were to improve the situation, to reorganize the local team, to restructure the business in order to capture the current growth opportunity in India until a permanent replacement is identified and installed.
The company develops and produces components and system solutions for electrical and optical connections.
Electrical Engineering Industry
In the words of the Group CEO:
“He was the perfect ad interim managing director for our operations in India! It was great to see that he was not satisfied by just holding the position but he started initiatives with a true longer-term focus as well. This is more than we could expect! I thank him very much for stabilizing the team in India and for generating a perspective for the future”. Furthermore, “We are very happy with our new management team in India”.