It doesn't always have to be one full-blown crisis or impending insolvency Change management in an Indian subsidiary. This is often the case with ours “Turnaround projects” simply about increasing profitability or optimizing business processes (if, for example, they do not grow adequately).
But not every company is as successful in the Indian market as it could be. Many companies are still not profitable even after ten years. The majority of companies miss their own sales targets in the Indian growth market. Mostly difficult lack of transparency and a lack of controlling does not allow an objective assessment of the economic situation, let alone interventions to correct the course. We offer these companies WB turnaround management® our experience.
Process optimization: methodological competence and some courage to change
In order to put purchasing, sales and production processes in India to the test and to identify weak points there, we have developed our own toolbox of methods in recent years. With help informal information gathering, customer surveys, anonymous employee feedback and much more, we analyze the activities in Indian branches and thus provide concrete approaches for optimizing processes and structures.
Profitability is often an issue in India
In order to achieve the requirements of the parent company in India, we are developing India-experienced subject matter experts and interim managers We work with our customers to take concrete measures and implement them on site together with the local workforce.
Through targeted interventions, harmful structures can be eliminated, efficient processes can be created and the contribution margin can be increased. This is how we protect companies in India from chronic inefficiency, over-indebtedness or any growing pains.
