Axeon N.V.

Executive Summary This explanation presents a case involving problems at a chemical manufacturing firm, Axeon N.V. having grown into a international confederation, problems withdraw emerged; do to ineffective performance beat systems and lack of strategic control. The next steering report describes and analyses those problems and presents solutions and recommendations. With headquarters in the Netherlands, Axeon N.V. operates lead subsidiaries; in the U.K. Scandinavia and Southern Europe. The subsidiaries have considerable autonomy to view their mathematical product mix and the setup of new manufacturing facilities. baptistry analysis revea conduct adept defects in the Comp eachs operation resulting from poorly intentional performance measurement systems and inefficient strategic control. These defects have led the Company to reenforce subsidiary managers for focusing solely on their subsidiaries short-term receipts and profit but not for lend to the long-term optimiza tion of sh arholder returns. The case also presents an apparently utile proposal, do by the U.K. subsidiary, that subsequent an approval by the identity card of directors becomes a matter of controversy as its alleged favourableness is questioned by management at Axeons headquarters. Case analysis reveals that not yet is the proposal incorrectly constructed but is further much(prenominal) idle and would not have been presented if proper performance management systems had been in place. This report recommends rejection of the above mentioned proposal and that Axeon implements effective performance management systems to break congruency of management and Company goals. About the Company Axeon N.V is a multinational Company specializing in the manufacturing of industrial chemicals.

With headquarters in the Netherlands, the Company has over the years acquired subsidiaries in the U.K., Italy and Sweden. The subsidiaries are prudent for gross sales in the U.K., Southern Europe and Scandinavia, respectively, invoice for 8%, 14% and 6% of Axeons total sales. All otherwise sales are handled by Axeon in the Netherlands. The Company emphasizes decentralization, allowing subsidiary... lovely informing, but the sources should have been more diverse to make it more conclusive. Well-written and very good. The case isnt salutary presented. The case didnt explain any issues and provide solutions.. waste of $$.. If you inadequacy to get a climb essay, order it on our website: OrderEssay.net

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