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Family Business Succession in Asia

Marleen Dieleman; Jonathan Ho Wye Kit;

商品編號:9B12M038
出版日期:2012/04/05
再版日期:2012/04/05
商品來源:Ivey
商品主題:General Management/Strategy; International Business; Organizational Behaviour/Leadership
商品類型:Case (Field)
涵蓋議題:Family business;family succession;emerging markets;leadership;Asia
難易度:5 - MBA/Postgraduate
內容長度:8 頁
地域:Asia
產業:Retail Trade;
事件年度:2011

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.

教學手冊:8B12M038
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