Succession

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.
 
Click Here to place your order
 
OR
Place your order at casesolutionshub (AT)gmail(dot)com if you want to solve above case.
 
Cordially,
Case Solutions Hub
Advertisement

Case Solution for Family Business Succession in Asia

Complete Case details are given below :
Case Name :      Family Business Succession in Asia
Authors :           Marleen Dieleman, Jonathan Ho Wye Kit
Source :             Ivey Publishing
Case ID :            W12853
Discipline :        Organizational Behavior
Case Length :    08 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The Wang Group was created by Alfred Wang in Hong Kong after fleeing China during the turbulence that marked the beginning of the communist regime. After successfully building up the diversified trading business and expanding to various other Asian countries, in 1995, the business was taken over by his second son, Charles Wang, a charismatic leader. Charles wished to create a more sustainable family business, tuned in to today’s global trends, and run by non-family members. To this end, Charles hired an outside CEO to implement his vision after implementing a far-reaching corporate change program. The global economic crisis that started in 2008, however, caught the company halfway through the reorganization, and brought losses and the departure of the newly hired CEO. Charles Wang had no other option than to again take up the top job himself, and had to reconsider the path towards a sustainable future for the family firm.
 
Click Here to place your order
 
OR
Place your order at casesolutionshub (AT)gmail(dot)com if you want to solve above case.
 
Cordially,
Case Solutions Hub

Case Solution for Succession at Buchanan Transport

Complete Case details are given below :
Case Name :      Succession at Buchanan Transport
Authors :           Mary Barrett, Ken Moores, AM
Source :             North American Case Research Association (NACRA)
Case ID :            NA0251
Discipline :        General Management
Case Length :    20 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The case relates the history of an Australian family transport firm from its foundation, through its expansion and diversification into agriculture and tourism, to a business and succession crisis nearly 90 years later. Rita Buchanan, youngest daughter of Noel Buchanan, the third generation owner, gave her father an ultimatum about the transfer of firm ownership. Noel’s response, that he would sell the firm provided Rita remained the majority shareholder, brings interlinked family and business problems into focus: the owner’s failure to plan for succession following a dispute seven years earlier with his son, who then left the firm; the discontent of his three daughters about how this lack of succession planning affects their futures; the owner’s estrangement from his wife, Cherie, over the owner’s ongoing extramarital relationship; Cherie’s resentment of Rita’s strategic role in the firm; and the firm’s falling profitability, especially after a cyclone [hurricane] destroyed its farm and left many trucks idle. The case requires a decision about whether the youngest daughter should accept her father’s offer, and what actions are needed to safeguard the interests of the other stakeholders and ensure the future of the firm.

Click Here to place your order
 
OR
Place your order at casesolutionshub (AT)gmail(dot)com if you want to solve above case.
 
Cordially,
Case Solutions Hub