Professional Documents
Culture Documents
Restructuring
By Ashish Nanda and Peter J.Williamson
Team members
ANKIT AGARWAL (2015PGP007)
KUNAL KAUSHAL (2015PGP024)
YOGENDRA KUMAR (2015PGP048)
Noncore Business
Lacks high quality physical assets, corporate attention.
continued
Continued
Joint venture the solution.
Opportunity to learn about the appliances division plan and to
improve it.
Whirlpool imported technology, common platforms, and
standardized components across factories, reduced inventories
to give new life to the business.
Joint venture transformed the business into vibrant and
profitable operation.
continued
For joint venture to operate smoothly it is critical that partners
shares a commonality of purpose.
The commitment of top management is not enough for success
of restructuring joint venture.
But the need to identify and resolve
Right at the beginning of the joint venture
Cultural differences between the lower level executives.
Third key to reducing the burden is to ensure that joint
ventures runs with minimal structure.
THANK YOU