Question: Huayi Compressor Barcelona, S.L. was founded in 2013 when Huayi Group (Huayi), a Chinese state-owned enterprise, acquired Cubigel Compressors, S.A., a bankrupt Spanish industrial enterprise.

Huayi Compressor Barcelona, S.L. was founded in 2013 when Huayi Group (Huayi), a Chinese state-owned enterprise, acquired Cubigel Compressors, S.A., a bankrupt Spanish industrial enterprise. While labour complications and other difficulties developed during the acquisition process, Huayi successfully managed the transition in May 2013. Despite this initial achievement, challenges related to the recovery of productivity, markets, and profitability continued. In January 2014, the general manager of Huayi Compressor Barcelona, S.L.,

who managed the transition, received a request to return to Huayi headquarters in Sichuan, China. From his Barcelona office, he grew concerned about several challenges:

Who would be the right successor for his position? What strategy did Huayi need to consolidate its internationalization process? What knowledge could he transfer to China for future international strategies?

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QUALITIES OF THE GOOD SUCCESSOR OF HIS POSITION 1 Should be a good planner short term earnings do not count alone long term value also need to be generated choises should be made decisions should also ... View full answer

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