A Walk Around International Subsidiary Management Processes
Karen Kamelman, Senior International Corporate Counsel -, The Clorox Company, Argentina
Global Multinational Enterprises (MNEs) owning subsidiaries in foreign countries can recognize the challenge of managing a multinational portfolio. While many of them keep outsourced or decentralized managing structures, an increasing number of strong moving companies have started developing centralized International Subsidiary Management Teams (ICSMgmt) and standardized international processes, not only to ensure compliance with numerous international, federal, state and local requirements, but also to deliver more consistent, dynamic, efficient and cost effective subsidiary management (SM) outputs.
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