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The ABB PBS Joint Venture in Operation
Power Generation
in the Czech Republic
Agenda
Five Years Into This Joint Venture (JV), It’s Time to Reassess
We Need to Look at Where the JV Meets the Goals of ABB and PBS, and Where It Falls Short
We Need to Determine Our Greatest Challenges
We Need to Focus on the Cultural Issues
We Need, as Top Managers, to Take Bold New Actions to Secure the Future Success of the JV
Overview
External Forces
Power Generation is
Complex & technical
Fraught with environmental issues
Highly Competitive
Internal Forces
Cultural Differences
ABB Internal Catfights Among Sister Companies
Overview -- Solutions
External Forces
Invest more in Research and Development (R&D)
Grab Hold of the Environmental Issues to Better Shape Government Policy
Restructure Compensation System to Gain Edge Over Competitors
Internal Forces
Foster cultural change
Get ABB Venture Partner to Stop Destructive Internal Competition among other ABB entities
Review of Key Objectives& Critical Success Factors
What makes company unique
our technology
ABB name – world leader in electrical engineering
Boiler market domination in Czech Republic
What Makes ABB-PBS Successful
Emerging Czech and other Central and West European Markets
Increasing Maturity of Economy After the Velvet Revolution in the Early 90s
Management Know-How
How Did We Do?
Approximate Word count = 894 Approximate Pages = 3.6 (250 words per page double spaced)
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