Finding other methods to manage transitions

• Patrick LAREDO
  Chairman and managing director, X-PM Transitions Partners
  

Summary

Neither companies nor consultants are very efficient at carrying out reconstruction or development projects, or projects aimed at improving performances, all of which are part of day-to-day business operations. Patrick Laredo, former president of KPMG Peat Marwick, recommends managing transitions. This involves temporarily entrusting the management to a very strong, external manager who has a free hand and can therefore mobilise the existing teams in order to reach the predetermined objectives quickly. What are the qualities needed in such a manager? Can he really generate enthusiasm in the company even though he has no intention of staying on in the company ? How does the changeover take place ? Many questions about this subject are beginning to emerge.

Summary translated from French by Rachel MARLIN.

• The entire article was written by Sylvie CHEVRIER.

To obtain this article, you can :

• download it for free in French (PDF help) or contact ecopar@paris.ensmp.fr (Reference VA070105).