Subsidiary Management

Subsidiary management refers to the oversight and coordination of smaller companies (subsidiaries) that are owned by a larger parent company. This involves ensuring that each subsidiary operates effectively and aligns with the overall goals of the parent organization. Managers oversee financial performance, strategic direction, and compliance with regulations, while also supporting subsidiaries in achieving their objectives. Effective subsidiary management leads to better resource allocation, enhances collaboration, and helps leverage the strengths of the entire organization, ultimately contributing to the parent company's growth and success.