SECONDEES PLAY a key role in many joint ventures: some 80% of joint ventures have secondees in top management roles (e.g., COO, CFO) and 55% have a seconded CEO (
). Parent companies use secondees for various reasons – for instance, to provide critical skills and capabilities, to accelerate initial staffing in experienced roles, or to secure added transparency, assurance, and influence over venture activities.
But companies often fail to adequately define and align on
secondees will be managed once in the joint venture. This can lead to secondees unable to answer a seemingly simple question: Who’s my boss?
It doesn’t have to be this way.