A carve-out process is very complex and requires a great deal of care in preparation and implementation. In many cases, the time and costs involved in extracting (and sometimes selling) company parts are underestimated. The entire carve-out process usually takes between six and eighteen months and often takes place under considerable competitive pressure.
Reasons for a carve-out:
Since there are usually no internal human resources available for planning and implementation of a carve-out & integration process, an experienced and highly qualified Interim Manager can make the difference between success and failure of the process.
The first critical success factor is the Interim Manager being chosen and empowered by the board of directors to initiate the necessary steps. The second success factor, inside the area of competence of the Interim Manager him- or herself, is good leadership and constructive cooperation with employees.