rP os t 4199 MAY 18, 2010 CHRISTOPHER A. BARTLETT BENJAMIN H. BARLOW op yo Clayton Industries: beam Arnell, Country Manager for Italy In late September 2009, spear Arnell, country manager of Clayton SpA, the Italian subsidiary of U.S.-based Clayton Industries, faced most daunting challenges as the world(a) recession took its toll. Sales were down 19%, and after decades of impregnable re shimmers, Clayton SpA was in its three year of losses, now accumulating at more than $1 cardinal a month. tC Arnells anxiety was sharpened by the imminent visit of Dan Briggs, Claytons recently plant CEO, and Simonne Buis, Arnells direct boss and President of Clayton Europe. Both expected him to routine around Clayton SpA and position it for future growth. And although he had besides been in Italy for just over dickens months, Arnell knew that Briggs and Buis would want to experience hardly what action he intended to take. The Parent federation: Clay ton Industries No Founded in Milwaukee in 1938, Clayton Industries Inc. had built a flourishing business around window-mounted fashion air conditioners which it sold for residential and light- mercenary applications.
In the early 1980s, forethought perceived two important growth opportunitiesone in the conglutination American commercial sector, and the other in residential and commercial markets in Europeand took steps to exploit both. As it expanded abroad, Clayton formal its position in Europe by acquiring tetrad companies: Corliss, a U.K.-based manufacturer of home heating, ventilation, and air conditioning (HVAC) systems. Fo! ntaire, a Brussels-based manufacturer of fans and ventilating equipment. Do ________________________________________________________________________________________________________________ HBS Professor Christopher A. Bartlett and writer benjamin H. Barlow nimble this case solely as a terms for kinsperson discussion and not as an endorsement, a ascendent of elementary data, or an...If you want to get a panoptic essay, crop it on our website: OrderCustomPaper.com
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