Almost every company in India has found themselves in a challenging situation at some point. The many (empty) kilometers when entering the market, the challenges of setting up your own sales organization or the start-up difficulties of your own local production site are often frustrating.
Once you are out of the woods for the first time, it is not uncommon for unforeseen “issues” to arise in India that cause an above-average amount of management effort and distract from day-to-day business or sometimes even endanger it. The classics are stress with local authorities, Dispute with the Indian joint venture partner, sabotage, Break with local management, embezzlement, impending bankruptcy or highly explosive situations with the workforce such as strikes etc.
Crisis & turnaround management, restructuring and reorganization
Our department WB turnaround management® has specialized in helping companies in precisely these phases and creating the change to sustainable business success in India. We also offer our customers a pool of managers with experience in India who have already demonstrably mastered crisis situations in India.
In recent years, numerous companies have also turned to us, which are de facto in India incapacitated were. The reasons are varied and have already been listed as examples above.
Even in situations where companies only acted with lawyers, we have always been able to implement pragmatic solution strategies in the interests of the owner/parent company. As experienced managers, all of our turnaround experts have already experienced the above-mentioned critical situations in India first-hand and successfully solved them.
As an interim manager, you can temporarily take over management in India at any time or lead negotiations with Indian partners, authorities, unions, etc. If necessary, they involve additional experts from our team (legal, tax, human resources, production, etc.) who implement important tasks in the interests of the customer and in accordance with Indian law. Our goal is to quickly make the company operational again, create structures and deploy loyal local staff in order to be able to do business in India.
But also in the case of one impending bankruptcy Thanks to our intervention and restructuring, the Indian branch was always rehabilitated and brought back on the road to success.
We want to have your concerns!
Over the last few years, dozens of restructuring and crisis management projects have been carried out with the Interim managers and various experts from Dr. Wamser + Batra successfully completed. This is the department WB turnaround management® is now the highest-selling and fastest-growing in our company - and still unique on the market thanks to the pool of exceptional personalities.
When we started interim management more than five years ago, we were surprised by the high number of inquiries. Apparently there are more and more European companies with serious problems in India that can no longer be solved using their own resources. We would like to be available to these companies as a trustworthy contact and hands-on problem solver.
