The Microcosm of Local Subsidiaries
Why international organizations often function differently than expected
Is your subsidiary or local representative office really operating the way you expect it to as a
CEO? And do you truly understand the root causes behind success – or problems – in all their detail?
In mechanical engineering, as well as in many other industries, companies operate internationally through their own subsidiaries and local entities. At headquarters level, management often relies on assumptions such as: “Local management understands our strategy and implements it accordingly.”
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