newsletter n°3, October 2002
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Zoom on Northern Europe
 

Scandinavia and Germany discovers the road ahead in turbulent times

 

The consulting market in Denmark, Sweden and Germany will continue to be extremely challenging in the near future. We spoke with Board member and Chief Deployment Officer Jens Heimburger with regard to the total restructuring of the North European region and the outlook for the period ahead.

"In the past extremely tough 12 months we have worked intensively on "narrowing down" our offer in terms of services and solutions offered and industries targeted in Denmark, Sweden and Germany. We have reengineered our skills and geared the corresponding organizations accordingly, which has been extremely challenging and exhausting. This has resulted in the highest level of activity, most promising pipeline and best ever projects and solutions delivered by Valtech in Northern Europe - and our clients are acknowledging it", explains Jens Heimburger. "In my mind, Valtech can maintain its unique position as a high level provider of management and technology consulting services", he continues.

Jens Heimburger,
Chief Deployment Officer

Tough conditions everyday
"We have managed to combine entrepreneurial spirit with professional ability in order to execute high-level solutions and it does make a difference in the market. To a large extent, it is still the original creators and managers who are bearing the heavy loads today. Everybody is on the phone everyday. It's tough and very direct work with structured follow up and ongoing assessments of the development of potential clients", explains Jens Heimburger.

The focus of the work is on trimming the skill sets and the respective offer of an ongoing, continuing process. However, among the reasons as to why Valtech has managed to progress is that regional operations have become more successful by utilizing cross-boarder experiences and sales process references.

"We can still improve our cross-boarder relations but the fact that we are exchanging references and best sales process practices is a huge step. The highest priority, however, is that we create strong national and regional operations - and subsequently leverage the brand and the experiences", says Jens Heimburger.

Valtech has 145 employees in Scandinavia. Valtech Scandinavia forecasts profitability in the last 6 months of 2002.

Valtech has 50 employees in Germany. Valtech Germany forecasts profitability in the last 6 months of 2002, and to be cash flow positive.

Still room for improvement
Jens Heimburger points out the systematic implementation of Key Account Management (KAM) functions in Denmark and particularly in Germany as another contributing factor as to why operations have improved the management and exploitation of existing accounts rather than always aiming for new clients in a tough market. However, he still believes that Valtech has to do better.

"We increasingly have to bear in mind the concept of "ROI" in our offer and our approach toward new clients. By far, most of the companies we are approaching these days are focusing on the cost reduction side and will continue to do so. Valtech has a clear value proposition here and can contribute the right skills and solutions in order to increase efficiency and reduce costs", says Jens Heimburger. "We are very strong in the area of combining advice and implementation within efficiency-increasing solutions, he ends".

 

read also : A promising position for Valtech Denmark  
 
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