Executive Onboarding
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<strong>Executive</strong> <strong>Onboarding</strong><br />
during the first Balkan war, the chewing gum producer<br />
Dandy/STIMOROL decided to open sales affiliates in some of the<br />
Eastern and Central European markets. At the age of 26, I was<br />
given the opportunity to become General Manager of one, and<br />
later, a handful of those markets. The product portfolio<br />
(STIMOROL chewing gum) had been sold through a local<br />
distributor for a couple of years and was stuck with low singledigit<br />
market shares. My task was to build a full-blown subsidiary<br />
with its own sales and marketing organization – and to win<br />
market share. Being young, naive and eager to be successful, I<br />
lacked experience and, at first, did not possess all the necessary<br />
competencies and skills for the job (coming directly from<br />
academia). However, what I lacked in experience and certitude, I<br />
made up for in creativity and willingness to learn. One of my first<br />
objectives in the job was to create one or two early wins that could<br />
earn me respect among the employees, customers and<br />
competitors. I decided first to target the competition as we were<br />
being dealt serious blows from them – particularly the marketleading<br />
competitor. This market-leading competitor had been on<br />
the market approximately 15-20 years before STIMOROL and<br />
commanded a market share of approximately 70% (numeric and<br />
value) – the remaining being shared between STIMOROL and a<br />
handful of other local and international brands. The market leader<br />
was known to be a tough player and was, at the time of my start,<br />
whipping up significant obstacles to the growth prospects of<br />
STIMOROL by systematically removing our chewing gum displays<br />
at the cash register of the retail outlets. The displays were, in fact,<br />
the property of STIMOROL, but with four times as many people on<br />
the ground, this did not seem to discourage the market leader<br />
from pursuing this activity. To mend the situation, one of the first<br />
things I did was to seek a dialog with the country manager of the<br />
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