Recruited by the Executive Vice President of this company owning/franchising 500+ language centers in 60+ countries. Challenged to orchestrate a turnaround of the company’s headquarters in Central & Eastern Europe, which had been losing money for six years.
• Reversed losses of $287,000 to $35,000 and increased sales by 18% within four months. Exceeded profit goals by 153% at a profit ratio of 8.2% the following year.
• Steered the company’s transition from being a pure translation bureau to a full-service solution provider that helps global organizations drive their products to international markets faster and at a lower total cost.
• Prepared the organization for future growth by converting its customer base from local small and mid-size companies to global enterprises, such as Volkswagen, Audi, Oracle, IBM, and Porsche.