Challenges that a company can be confronted with:

• address new markets

• operate with new business model in the market

• shift of market focus and decision power in your markets

• technological evolution in the market

For example:

• From traditional mechanics to mechatronics / electronics and cyber-physics

• From local sales to export

• From product driven to market driven

• need for a new management team

What is needed ?

• understand your current position

• put the right change strategy in place

• understand the market trends

• make the teams understand the challenges

• international sales skills

• an efficient organisation

• new technologies

• restructure, abandon "bleeders"

• a new company culture

• need for a new management team

Actions to be put in place

• analyse the company situation

• elaborate and put in place the right change strategy

• do a benchmarking exercise

• develop communication and training plans

• develop international sales

• develop a new organisation structure

• prepare training and motivation of employees

• acquire missing technologies or markets

• Fade-out or sell no longer needed parts

• put a new management team in place

• need for a new management team