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In some circumstances Consultancy is not sufficient to assist a
company, especially where the existing management team has been
weakened or lacks the experience for the current conditions. Trafalgar
Associates are able to provide complete management teams or specialist
senior staff to implement change.
Typical scenarios are:
- Businesses that have suffered a severe change in their fortunes
seldom have in-house staff with the experience to cope, while
the experience is being gained valuable time is lost - often
with considerable impact on the business and a consequent loss
of confidence by investors and finance providers.
- Few businesses that make an acquisition have the spare staff
and resources to ‘get inside’ the acquisition and
make the changes necessary for success. The normal course of
seconding staff from the acquiring business can easily result
in two weakened organizations.
- Managements defend past actions and often lack the experience
and knowledge to cope with change and the introduction of new
technology, consequently they do not embrace change and need
external leadership and guidance during the change process.
- Management may be effective at managing the existing business
but lack the skills or experience to develop the business. For
example, few mid size US companies have experience of selling
in Europe or the issues associated with re-location of manufacturing
to low cost sources.
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