Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Huayi Compressor Barcelona, S.L. was founded in 2013 when Huayi Group (Huayi), a Chinese state-owned enterprise, acquired Cubigel Compressors, S.A., a bankrupt Spanish industrial enterprise.

Huayi Compressor Barcelona, S.L. was founded in 2013 when Huayi Group (Huayi), a Chinese state-owned enterprise, acquired Cubigel Compressors, S.A., a bankrupt Spanish industrial enterprise. While labour complications and other difficulties developed during the acquisition process, Huayi successfully managed the transition in May 2013. Despite this initial achievement, challenges related to the recovery of productivity, markets, and profitability continued. In January 2014, the general manager of Huayi Compressor Barcelona, S.L.,

 who managed the transition, received a request to return to Huayi headquarters in Sichuan, China. From his Barcelona office, he grew concerned about several challenges:

 Who would be the right successor for his position? What strategy did Huayi need to consolidate its internationalization process? What knowledge could he transfer to China for future international strategies?

Step by Step Solution

3.45 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

QUALITIES OF THE GOOD SUCCESSOR OF HIS POSITION 1 Should be a good planner short term earnings do not count alone long term value also need to be generated choises should be made decisions should also ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Corporate Finance

Authors: Richard Brealey, Stewart Myers, Alan Marcus

9th edition

1259722619, 978-1260049190, 1260049191, 978-1259722615

More Books

Students also viewed these Business Communication questions

Question

L A -r- P[N]

Answered: 1 week ago

Question

Which are the strongest parts?

Answered: 1 week ago

Question

Which character has an opposite script?

Answered: 1 week ago