Emergency takeover of the Group Legal Department in a listed company
In eighteen months, a manager specializing in the legal departments of international groups was able to prioritize the required areas and actions, measure risk levels, stabilize the organization's operations, and allocate resources accordingly.
Context & Objectives
- Listed international group facing difficult market conditions with global players (customers, suppliers, and competitors);
- Shareholder base spread across several demanding international investors and the stock market, implying highly complex communication and governance, and requiring constant attention and unfailing rigor from a very solid legal back office;
- Internally, a geographically dispersed legal function facing long-term staff unavailability.
Mission
— Take stock of all ongoing projects, determine/validate priorities for action, and produce/validate the action plan;
— Lead the teams and restore their confidence through effective management;
— Help restore a calm atmosphere in day-to-day operations;
— Ensure that the expected services are provided on time, both to shareholders, authorities, and financial markets, and at the operational level.
Results
In eighteen months, a manager specializing in the legal departments of international groups was able to prioritize the required areas and actions, measure risk levels, stabilize the organization's operations, and allocate resources accordingly.
Through intensive and rigorous communication, he was able to gain the trust of stakeholders, which was essential to ensuring that the expected deliverables were achieved and action plans were implemented.
He then ensured a smooth transition to a recruited successor.