{"id":18893,"date":"2020-05-11T16:28:55","date_gmt":"2020-05-11T15:28:55","guid":{"rendered":"https:\/\/nim.yupeek.com\/restructurer-nim-europe-2\/"},"modified":"2024-06-21T11:10:33","modified_gmt":"2024-06-21T10:10:33","slug":"restructurer-nim-europe-2","status":"publish","type":"page","link":"https:\/\/nimeurope.com\/en\/restructurer-nim-europe-2\/","title":{"rendered":"Restructuring of a company or department  |  NIM Europe"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"18893\" class=\"elementor elementor-18893 elementor-2428\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7dfee6c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7dfee6c8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-398eb803\" data-id=\"398eb803\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d719909 elementor-widget elementor-widget-text-editor\" data-id=\"2d719909\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1>Restructuring of a company or department<\/h1>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-733ab3b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"733ab3b6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5ce762be\" data-id=\"5ce762be\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50ee43b9 elementor-widget elementor-widget-heading\" data-id=\"50ee43b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Are you looking for an executive interim manager?<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5154ad9c bullet-arrow-2 elementor-widget elementor-widget-text-editor\" data-id=\"5154ad9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul class=\"bullet-arrow black\">\n<li><a href=\"tel:+33146248571\">+33 1 46 24 85 71<\/a><\/li>\n<li><a href=\"mailto:mail@nimeurope.com\">mail@nimeurope.com<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">contact us<\/a><\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-933eca9\" data-id=\"933eca9\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2976fcdd elementor-widget elementor-widget-heading\" data-id=\"2976fcdd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\"><span class=\"\" style=\"font-size: 16px;font-weight: 600;font-family: Poppins, sans-serif;font-style: normal\">Become one of our executive interim managers&nbsp;?<\/span><\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73046599 cta elementor-widget elementor-widget-text-editor\" data-id=\"73046599\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/nimeurope.com\/en\/deposer-votre-cv\/\">Submit your CV<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f98fbb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f98fbb8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c0a5d1a\" data-id=\"7c0a5d1a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d917131 elementor-widget elementor-widget-text-editor\" data-id=\"d917131\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"page-wrapper\">\n<div class=\"additional-bg\">\n<div id=\"content-container\" class=\" layout-full\">\n<div id=\"full-width\">\n<h2>WHAT IS CORPORATE RESTRUCTURING?<\/h2>\n<p>The restructuring of a company can be caused by two necessary reorganization factors: either the expansion of subsidiaries on an international scale of a group which requires harmonization of the organization of work or the conditions of employment contracts; or a perilous economic or legal situation. Your company has considerably increased its activities abroad through successive takeovers, or on the contrary, it is experiencing a lasting economic crisis. From a few hundred initial leaders, you now have thousands of executives. Their social benefits and remuneration depend on the history of each country and each activity. On the contrary, the difficulties encountered by the company force managers to take measures to lay off staff, following a new organization of work. In each of these situations, the company needs a third party to ensure objective, effective and calm\u00a0<a href=\"https:\/\/nimeurope.com\/en\/gerer-situation-de-crise-entreprise\/\">crisis management<\/a>: the skills of NIM Europe\u2019s\u00a0<a href=\"m\/devenir-manager-de-transition-chez-nim-europe\/\">interim managers<\/a>\u00a0in managing change within companies becomes necessary.<\/p>\n<h2>USE THE SKILLS OF A NIM EUROPE TRANSITION MANAGER<\/h2>\n<p>Restructuring a company requires legal, relational and administrative skills, and experience in managing these crisis situations where psychosocial risks are high for employees, and where decisions for managers are often important and difficult to make. Transition management provided by a professional firm is a real asset for the company in its change management. A true expert in restructuring, the transition manager perfectly masters the challenges of this situation and has a global and objective vision to carry out operations, while limiting risks. In most situations, restructuring generates an action plan to safeguard employment. The transition manager with recognized skills in human resources management will be able to advise managers: relocation of workstations, internal and external mobility of employees, etc. These actions are necessary but have effects on social relations between employees in the company. . The transition manager, a neutral person, helps the company\u2019s managers in their new roles. Discover the different functions of Transition Manager:<\/p>\n<ul>\n<li><a href=\"https:\/\/nimeurope.com\/en\/directeur-general-transition\/\" target=\"_blank\" rel=\"noopener noreferrer\">Interim CEO<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/directeur-financier-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Interim CFO<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/production-industrie-supply-chain-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Production, Operations and Supply-Chain Manager<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/drh-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Inerim HRD<\/a><\/li>\n<li><a href=\"\/directeur-marketing-commercial-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Marketing and Sales Manager<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/dsi-de-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Interim CIO<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/directeur-expert-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Experts Directions<\/a><\/li>\n<\/ul>\n<h2>THE REAL CONTRIBUTIONS OF THE TRANSITION MANAGER IN RESTRUCTURING OPERATIONS<\/h2>\n<p>You must integrate the Comp&amp;Ben (compensation and benefits) activity into your employee management methods. Very common and very structured in Anglo-Saxon multinationals and organizations across the Atlantic, and this for more than two decades, this is not the case in France. An interim manager who has acquired both skills and a certain credibility on financial matters and who knows the legal and fiscal constraints of each country will be a plus. He will understand the expectations of employees in terms of remuneration, in light of what the company can do. He will prepare the organization\u2019s salary policy, including everything that could make it an overall remuneration. It will create the \u201cmapping\u201d of employee expectations based on their profession and their skills to have a remuneration scale which helps to motivate the teams, and to have macro-economic monitoring. When the room for maneuver on salary increases is very low, reorganizing your HR department to be able to analyze its salary structure (external competitiveness and internal equity) becomes vital. This makes it possible to adjust the rest of the overall compensation in order to generate more motivation from employees. The interim manager will have to \u201ceducate\u201d management on this subject which is often not a priority for him. You will also be interested in:<\/p>\n<ul>\n<li><a href=\"https:\/\/nimeurope.com\/en\/gerer-situation-de-crise-entreprise\/\" target=\"_blank\" rel=\"noopener noreferrer\">Managing a crisis situation<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/optimisation-tresorerie-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cash flow optimization<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/climat-social-tendu-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coping with a tense social climate<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/reorganisation-interne-management-de-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Implement an internal reorganization<\/a><\/li>\n<li><a href=\"https:\/\/nimeurope.com\/en\/leviers-de-croissance-management-de-transition-nim-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">Identify new growth levers<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<ul>\n<li><\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2c6cd4e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c6cd4e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-337be10a\" data-id=\"337be10a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33792aa0 elementor-widget elementor-widget-spacer\" data-id=\"33792aa0\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Restructuring of a company or department Are you looking for an executive interim manager? +33 1 46 24 85 71 mail@nimeurope.com contact us Become one of our executive interim managers&nbsp;? Submit your CV WHAT IS CORPORATE RESTRUCTURING? The restructuring of a company can be caused by two necessary reorganization factors: either the expansion of subsidiaries [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-18893","page","type-page","status-publish","hentry","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Restructuring of a company or department | NIM Europe - NIM Europe<\/title>\n<meta name=\"description\" content=\"Restructuring a company or a department can be the most appropriate solution when your business is expanding rapidly into foreign branches, when you have a temporary production shortfall, or when you are experiencing financial difficulties.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nimeurope.com\/en\/restructurer-nim-europe-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Restructuring of a company or department | NIM Europe - 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