No Photo Available

Last Update

2016-12-23T00:00:00.000Z

This profile was last updated on .

Is this you? Claim your profile.

Wrong Lars Fournais?

Mr. Lars - Sgdd Fournais

Bestyrelsesmedlem

Stibo Systems GmbH

HQ Phone: (770) 425-3282

Get ZoomInfo Grow

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Stibo Systems GmbH

3550 George Busbee Parkway NW Suite 350

Kennesaw, Georgia 30144

United States

Company Description

Stibo Systems is the global leader in multidomain Master Data Management (MDM) solutions. Industry leaders rely on Stibo Systems to provide cross-channel consistency by linking product and customer data, suppliers and other organizational assets. This ena ... more

Find other employees at this company (653)

Background Information

Employment History

Bestyrelsesmedlem

BOARD GOVERNANCE A/S

Bestyrelsesformand

LAKexperten Plus ApS

Chief Executive Officer

Saint-Gobain Corporation

Chief Executive Officer

Brødrene Dahl

Group Senior Vice President

Grundfos GmbH

Affiliations

Board Member
Professional

Bestyrelsesmedlem
WindowMaster NV

Web References (17 Total References)


Organization |

www.stibo.com [cached]

Lars Fournais, Professional board member in a number of Danish companies


Organization

www.stibo.com [cached]

Lars Fournais


Clients | Implement Consulting Group

implementconsultinggroup.com [cached]

An interview with Brødrene Dahl's CEO, Lars Fournais, on strategic transformation


An interview with Brødrene ...

implementconsultinggroup.com [cached]

An interview with Brødrene Dahl's CEO, Lars Fournais, on strategic transformation

...
On the contrary, the 2007 results were excellent, and also very good compared with our competitors, says Lars Fournais.
All the same, he saw huge untapped potential in the company. "I actually had a luxury problem because I didn't have to rescue a sinking ship. The challenge was to make a good company even better. On the other hand, it can be extremely difficult to convince the organisation of the need to do anything new when what we're already doing is good. The problems may not be pressing, but if you don't meet the challenge, you're already well on the way to creating your own burning platform. And although this is good for motivation, it is not a situation a responsible management wants to put its company in," says Lars Fournais.
WITO - Winning together
Specifically, one of the first things that Lars Fournais did was to meet individually with every single member of his management team and other selected managers and ask them five questions:
...
According to Lars Fournais, this process triggered many things in the management team.
"I had asked them to answer honestly, and I did get some very honest answers. And although I obviously expected the task to be taken seriously, I was still impressed at how much was put into it and how much valuable information and how many ideas it generated," says Lars Fournais.
...
Ownership in the organisation is the be-all-and-end-all if a strategy is to be developed and implemented," says Lars Fournais.
The next big step on the journey was Brødrene Dahl's annual management conference, attended by all of the company's 150 employees with management responsibility. Traditionally these conferences had been characterised by one-way communication from top management down concerning the status of the company and key figures, and without any real involvement from the management layers below top management. This was changed radically. The opening to the conference was an 'interview on DR in 2013' (DR is the Danish Broadcasting Corporation) in which Lars Fournais discussed Brødrene Dahl's journey from 2008 to 2013.
...
At this time Lars Fournais had also put together the right team of managers around him. A good mix of experienced people with a long history at Brødrene Dahl and new people from outside. "The right team is just as important - perhaps even more important - than the right strategy. Supplementing the management team with new faces was not a given beforehand. "Today all 150 managers are involved in our strategy work, and both they and I value this. But not everyone felt the same, and you have to respect that. Involvement requires commitment the other way round; otherwise the decisions aren't implemented wholeheartedly. This creates uncertainty and frustration among the employees concerned, and that's unacceptable," says Lars Fournais, who admits that it has been necessary to say goodbye to a number of employees in the course of this process.
...
So it's at least as important to work with a general direction and a strategic preparedness as it is to have a detailed strategy plan," says Lars Fournais.
The climate sector is a good example. Here, Brødrene Dahl has a general ambition to become the leading wholesaler within the next five years. At the same time, there is a need to take the time to develop the strategy and the efforts as the market evolves in this area.
According to Lars Fournais, a good example of the new way of working is that the company's monthly management meetings always have two fixed but very different items on the agenda, namely:
...
By waiting to discuss operations until we're ready to work on development, we force ourselves to think strategically and not just get drowned in operations," says Lars Fournais, stressing that this way of working and thinking is a major contributor to establishing a permanent strategic preparedness. A preparedness that he believes is the precondition for creating the flexibility needed to run a company today.
...
According to Lars Fournais, the biggest strategic change for Brødrene Dahl has probably been the movement away from an organisation consisting of 52 decentralised, independent shops to being a chain-driven wholesale company where the central functions comprising the core of the company's services - purchasing, marketing and sales - have gone from being support functions to being more strategy-setting, while the focus in the shops is aimed at giving customers the best possible service.
...
Lars Fournais also believes that the increased coordination from the head office has really helped to support a development where branch managers have had some of their previous power removed.
"It goes without saying that it's never easy to take away responsibilities and authority from employees who are often highly independent. It hasn't been easy here either, and we're still not quite where we want to be. But we're getting a lot of understanding from the shops, and I believe this is clearly down to the fact that they can see they're getting something in return, and at the same time they're being given new responsibilities and new authority under the new set-up," says Lars Fournais.
Specifically, Lars Fournais believes that the new way of working, including better category control and price management, is the direct reason why the company's gross profit has risen by two percentage points in less than a year. An increase that is appreciable with sales just under DKK 4 billion. "We've become a much more focused and competent company. Our campaigns have become much more effective, and we've been able to create a really fantastic team to run the company. When I could see that the teamwork had begun to function, I knew we would be much harder to beat - and don't forget we've only just started out on our journey," concludes Lars Fournais.


Lars Fournais ...

www.windowmaster.com [cached]

Lars Fournais

Similar Profiles

Other People with this Name

Other people with the name Fournais

Anders Fournais
Hafnia Law Firm

Kim Fournais
Saxo Bank Limited

Marianne Fournais
LETT Advokatpartnerselskab

Charlotte Fournais
JP/Politikens Hus

Søren Fournais
University of Aarhus

City Directory Icon

Browse ZoomInfo's Business Contact Directory by City

People Directory Icon

Browse ZoomInfo's
Business People Directory

Company Directory Icon

Browse ZoomInfo's
Advanced Company Directory