When are third party managers the best option for subsidiary? Find a real-life example of when a parent company hired third-party managers for their subsidiary. Was it successful or not, and why? Third-party managers are neither from the home country nor the host country. They are from a different country, so what are the advantages of this? Whether a company chooses expatriate, local, or third-party managers depends on what aligns with their business goals. Some parent companies have a business goal of expanding but keeping the culture and standards close to the parent company while other businesses want to imbed the subsidiaries' culture into the subsidiary company. How does choosing third-party management promote a parent company's business goal