RALEIGH, N.C., Jan. 3, 2012 /PRNewswire-iReach/ -- Independent research shows that 70% of U.S. subsidiaries of European companies underperform. Chris Stern, Chairman and CEO of IFEM today announced a new product to tackle this challenge: "The reasons for underperformance are manifold, but one common denominator is a misunderstanding of what each management culture perceives to be the appropriate strategy process."
In cooperation with a group of international seminar providers, IFEM is now offering two-day company-specific workshops to provide European companies with underperforming subsidiaries in North America the knowledge required to speed up market entry, and achieve growth and profitability of their North American branches or investments. The seminars are offered in Europe, or in the U.S.
Stern: "Our team of bicultural and dual-national strategy advisors understands these challenges. Our advisors have experienced and solved predominant problems themselves. Most importantly, they have done it with their engagement in smaller to mid-size companies as well as companies listed on major U.S. stock exchanges. During the first day of the program we will jointly analyze the situation and discover why lackluster performance occurred in the first place; and during the second day we will develop realistic goals and a pragmatic pathway leading the North American entity towards appropriate results."
IFEM believes that this product and its game-changing low-cost approach will provide immediate insight into the core strategic challenges every international business needs to address. Clients will receive confirmation for many strategic moves, but they will also learn why certain of their well-perceived decisions have lead to a performance decline. Most importantly, the methodology is designed to find a sustainable fast-track recovery for the foreign subsidiary.
IFEM Management Consultants Inc, doing business as Institute For Efficient Management, is a management-consulting firm that delivers integrated business administration solutions for organizations that need to simplify the processes of strategic and business management. IFEM helps its client's design and implement strategic plans that are highly efficient and effective. IFEM's founder Chris J. Stern is best known for his statement that "business is simple until Academics and Consultants make it complicated". IFEM serves corporate customers throughout the United States, and Europe and specializes in improving the performance of U.S. subsidiaries of European companies and EU subsidiaries of U.S. companies. To read the IFEM Website and contact IFEM click here.
Caution Regarding Forward-Looking Statements
This news release contains certain forward-looking statements by the company that involve risks and uncertainties and reflect the company's judgment as of the date of this release. These statements include the expansion of development of IFEM consulting services and the timing of the introduction of new consulting offerings. The forward-looking statements are subject to a number of risks and uncertainties including matters beyond the company's control that could lead to delays in new service introductions and customer acceptance of these newservicess, and other risks and uncertainties as any small business typically is exposed to. The company disclaims any intent or obligation to update these forward-looking statements beyond the date of this release. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Media Contact: Chris Stern, IFEM Management Consultants, Inc, 919 521 8907, firstname.lastname@example.org
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SOURCE IFEM Management Consultants, Inc.