Case Solution for Conflict Over Leadership and Succession in a Successful Family Business: The Lakkard Leather Company

Complete Case details are given below :
Case Name :      Conflict Over Leadership and Succession in a Successful Family Business: The Lakkard Leather Company
Authors :           Simon Parker, Matthias Tietz
Source :             Ivey Publishing
Case ID :            W11098
Discipline :        Entrepreneurship
Case Length :    06 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The founder of Lakkard Leather Company has headed the company for 24 years. He is proud of his business, and attributes much of its success to his own leadership style, which did not allow for anyone else’s participation in decisions of substance. When he was badly injured in a car accident, his son stepped in and kept the business going. Without any intention to take over, the son altered the leadership and operations of the company in the space of a few months, so that by the time the founder returned, the company had changed and his role was significantly reduced. The son, in the meantime, grew to like his interim position and believed he did a better job than his father. Both men become locked in a power struggle; yet the company faced several key decisions that had to be taken in terms of expansion, product offering and sale opportunities.
 
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