Executive Summary This explanation presents a wooing involving problems at a chemical manufacturing firm, Axeon N.V. having grown into a international confederation, problems afford emerged; do to in impelling execution rhythm systems and lack of strategic control. The succeeding(prenominal) management promulgate describes and analyses those problems and presents solutions and recommendations. With plate in the Netherlands, Axeon N.V. operates three subsidiaries; in the U.K. Scandinavia and grey Europe. The subsidiaries have respectable autonomy to determine their mathematical product mix and the frame-up of new manufacturing facilities. side analytic thinking revealed adept defects in the companions motion resulting from poorly designed operation measurement systems and inefficient strategic control. These defects have led the gild to reenforce subsidiary managers for charge solely on their subsidiaries short receipts and profit barely not for contri exclusivelying to the long optimization of sh arholder returns. The case also presents an apparently profitable proposal, do by the U.K. subsidiary, that subsequent an acclaim 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 besides 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 generate congruency of management and Company goals. close to 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 responsible for plebeian gross sales in the U.K., Southern Europe and Scandinavia, respectively, accounting for 8%, 14% and 6% of Axeons fare 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 view as it more conclusive. Well-written and very good. The case isnt salutary presented. The case didnt formulate any issues and provide solutions.. pay off of $$.. If you inadequacy to get a full essay, order it on our website: Orderessay
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