Nord-Lock bridging the gap
Nord-Lock bridging the gap
About Nord-Lock Group
Nord-Lock Group is a World-leading manufacturer of safe and reliable bolt-securing solutions. Its offering includes innovative technologies such as Nord-Lock® wedge-locking, Superbolt™ mechanical tensioners, Boltight™ hydraulic tensioning tools, and Expander® pivot pins. Nord-Lock Group employs about 700 people on a 1.6 billion SEK turnover. It is wholly owned by Investment AB Latour, listed on Nasdaq OMX Stockholm.
Challenge
Alumni was asked to support Nord-Lock Group when the company faced a need to bridge a resource gap within its important Human Resource function, based at the Global Head Office in Malmö, Southern Sweden. It was going to take a few months before the desired new permanent solution was able to join as Group HR Director and member of the Nord-Lock Group Management Team. A strong and speedy solution was needed in order not to lose momentum in the Group’s ongoing Talent Management work.
Results
Alumni immediately engaged the network of interim consultants and presented several high-caliber candidates, resulting in Lennart Ljunggren as the interim manager Nord-Lock Group decided to go for. Alumni has had the pleasure of working with Lennart on other assignments where he always has been committed to the tasks at hand, creating stability and delivering results at the highest standard.
Fredrik Meuller, CEO Nord-Lock Group
“We very much appreciated the close and value-adding support provided by the Alumni Interim team. Through Lennart, we not only received someone who combined a wealth of experience with valuable business acumen and a wonderful personality, but also a Manager that could help us take Talent Management and the HR Function to the next level – and all in only four months, very impressive.”
Lennart Ljunggren, Interim Manager
“In short projects like this one, I find that beyond delivering vital hands-on support, I add the most value by actually identifying key strategic areas that will need attention going forward. Issues that need to be addressed but fall outside of the scope of my assignment, as implementation requires more time.”
Lennart was soon to respond to the opportunity to work with Nord-Lock in this assignment. The need to combine operational support and at the same time work on strategic development of the HR function made it interesting.
A key priority in this assignment was to find ways of reducing time spent on operational tasks to help shift focus to a more strategic role. To achieve this, global procedures and guidelines for different operational tasks such as recruitment, training, HR system, salary reviews were set. In a global company such as Nord-Lock with many managers, this work was a crucial step to drive improved efficiency and streamline ways of working. Another important change was to have the more strategic areas, such as talent management, compensations including market salaries and performance management, firmly linked to the overall company strategy. This was needed to help ensure that HR could deliver more successfully on future needs and prepare for challenges ahead.
Contact
For more information and a confidential discussion about how Alumni can help your organisation please get in touch.