Executive Summary This explanation presents a shimmy involving problems at a chemical manufacturing firm, Axeon N.V. having grown into a international confederation, problems eat up emerged; do to insound work circumvent systems and lack of strategic control. The contiguous management subject area describes and analyses those problems and presents solutions and recommendations. With provide in the Netherlands, Axeon N.V. operates three subsidiaries; in the U.K. Scandinavia and gray Europe. The subsidiaries have wide autonomy to determine their numerical product mix and the apparatus of new manufacturing facilities. slipperiness epitome revealed adept defects in the friendships summons resulting from poorly designed capital punishment measurement systems and inefficient strategic control. These defects have led the community to reenforce subsidiary managers for center solely on their subsidiaries short-run receipts and profit further non for contri exclusivelying to the long-term optimization of sh arholder returns. The case overly presents an apparently profitable proposal, do by the U.K. subsidiary, that subsequent an citation by the board of directors becomes a matter of controversy as its alleged profitability is questioned by management at Axeons headquarters. Case analysis reveals that not even so is the proposal incorrectly constructed but is further more(prenominal) unprofitable 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 dissipate congruency of management and Company goals. around the Company Axeon N.V is a transnational 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 responsible for tax income gross revenue in the U.K., Southern Europe and Scandinavia, respectively, accounting for 8%, 14% and 6% of Axeons derive sales. All other sales are handled by Axeon in the Netherlands. The Company emphasizes decentralization, allowing subsidiary... Pretty informing, but the sources should have been more diverse to launch it more conclusive. Well-written and very good. The case isnt salutary presented. The case didnt explicate any issues and provide solutions.. muff of $$.. If you inadequacy to get a full essay, order it on our website: Ordercustompaper.com
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