Case
Turn-around of a non-successful sales company
An international sales and production company’s sales’ fails in Sweden. It is a venerable company founded over 100 years ago, specializing in high-tech, with subsidiaries in several countries and planning for a reorganization. An interim manager is commissioned for 6 months for the transformation and to increase sales. But there were other problems. - I must completely stand behind the changes I suggest, and do them right. To be successful, it is important to have an opinion of your own, to understand the interaction between people, and to understand what the real challenges are. After long discussions with most of the 50 employees, the interim manager came to a conclusion about what would be undertook, this was ...
Carry through a turn-around and assess market prerequisites
A Swedish international industrial enterprises have in for over a decade operated in another European country, but made no profits. After an office relocation market share decreased. The owners decide discontinue with the former CEO and appointed an interim manager in order to make a turn-around and to investigate the company’s future operations. The interim manager began the assignment with staff meetings. The “no shows” were called in. The discussions were open, where the employees got tell about how they perceived the situation. - I described myself as an interim manager and an “alien” who did not know or understand this business, but wanted to grasp the situation and have the problems explained to me”...
Developing the business and open up new markets with the help of an Interim Manager
A service company in Finland, with a new business idea, was growing fast. Therefore they wished to map the Swedish market, ahead of a possible establishment in Sweden. They chose an interim solution instead of the classic management consulting. Prior to this decision, the company considered to hire a management consultant. However, they agreed that hands-on experience is important and that an individual should preferably be located in Sweden, in order to do the mapping of the Swedish market. – Our motto is to deliver the right product, at the right place, at the right time. By engaging an interim manager, we should get the same benefits, explains the company’s CEO. - With the interim we got an experienced pro who ...
New level of the CFO
A private equity firm bought a medium-sized service company and are experiencing shortages. Implementation of a new reporting and annual accounts in accordance with IFRS was required immediately. There was no time for recruiting a new CFO, and this is why they decided to hire a qualified interim CFO. The mission: 1) Elevate the CFO function to a new level. 2) Revise and streamline procedures and working methods, as well as creating security among the staff. 3) Complete a quarterly report in less than a month, and produce an annual report, both in accordance with IFRS. The interim manager must quickly create stability and make sure the staff feels secure in order to be able to act. The organization lacked trust. He...
Translocation of an international corporation’s factory
This client decided to close a factory in Sweden after a planned move abroad. This decision was communicated in general, but the details were not. The closure was not negotiated with the union representatives. The managers had already left the company. A plant manager must run the business up until closure with no loss of quality and deliver on time, and at the same time make sure that the production continues during the move itself without a loss of equipment and competence. It is vital that a seasoned leader take control. Our interim manager started off by building a platform to work from and made great efforts in getting to know the staff and key personnel in other countries. He was very clear that he wanted to under...