Case Study

European Auditing and Financial Services Inc. (EAFS): Leaping forward or sliding backward?

11 pages
September 2005
Reference: IMD-3-1552

EAFS is an alliance of independent auditing and financial services firms. Since 2001, EAFS has been offering its services not only nationally, but also abroad in case of internationally expanding clients. The coordination in an alliance, however, turned out to be more difficult than expected. Progress was slow and additional revenues generated lagged behind expectation. EASF is now to make a decision whether to leaping forward based on a rather aggressive and comprehensive expansion program or to risk sliding backwards.

Keywords
Alliance, International Expansion, Auditing, Financial Services
Settings
Europe
2005
Type
Generalized Experience
Copyright
© 2005
Available Languages
English
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