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Report on Exchanges - INSEAD CALT

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No matter what, we should probably c<strong>on</strong>sider offering our Sp<strong>on</strong>sorship Manager a CrossCultural Communicati<strong>on</strong> course as he seem evenly uncomfortable with Englishmen andGermans!Best regards,Peter LarsenDirector Human ResourcesCustomer Services and O&M… followed by Jerome, who lists a couple of pros and c<strong>on</strong>s before disclosing his pers<strong>on</strong>alview: he advises to further negotiate with Sir Ralph and to keep the Bauer opti<strong>on</strong> open…De : GENDRE, Jerome [mailto:Jerome.GENDRE@federalmogul.com]Envoyé : mercredi 12 juin 2013 15:38Hello every<strong>on</strong>e,Please find hereunder some inputs that may help us to take our comm<strong>on</strong> decisi<strong>on</strong> by Friday 21 st thelatest and also my recommendati<strong>on</strong>.Bauer:Pro: financial need 100% coveredC<strong>on</strong>s: no clear link between the weap<strong>on</strong> industry and racing (far from the automotive).Goodbridge: Pro: coherent positi<strong>on</strong>ing between tyres and racing (automotive) + Goodbridge ownerautomotive passi<strong>on</strong>ate. C<strong>on</strong>s: half of financial needs covered.However, my recommendati<strong>on</strong> is Goodbridge (see below my proposal to c<strong>on</strong>vince them):Negotiate with Bauer to postp<strong>on</strong>e their decisi<strong>on</strong> and put them in competiti<strong>on</strong> with a peercompany.Call back Goodbridge in order they can review their positi<strong>on</strong> vs. other sp<strong>on</strong>sors who may bechosen by the team in order they can invest more (100% required). Play <strong>on</strong> the ownerpassi<strong>on</strong> and check what can be provided additi<strong>on</strong>al to their customers as the possiblesp<strong>on</strong>sor of the team.Check parallel if cost savings could be made internally in order to reduce the team budgetand dependence (i.e. in case of Goodbridge could <strong>on</strong>ly do half of the required effort).Let Goodbrige little time to react.Nevertheless if finally Goodbridge d<strong>on</strong>’t move and if it is a questi<strong>on</strong> of surviving for the team:BauerKind regards.Jérôme GENDREAAA/<strong>INSEAD</strong>/062013 - 63

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