..., and its executives' and directors' reluctance to take on any business with excessive environmental risk. This case illustrates in depth the family business values that can promote consideration of an ostensibly unconventional and risky strategic move, and enable executives to push for approval...

...John Ward; Suren Mansinghka; Elyssa Tran; Bhaskar Sambamurthy A second-generation, multi-billion-dollar Asian family business, run for decades by six brothers, faces issues of ownership, family employment, management, leadership, governance, and succession as it transitions to the third generation...

...@kellogg.northwestern.edu . No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise— without the permission of the Kellogg School of Management. Family Business...

... how to construct an equitable business ownership plan for a family business. 2. Students learn the agreements that family businesses should have in place. 3. Students learn why successful entrepreneurs tend to be those who control the growth of their company while envisioning an empire...

..., mechanical, photocopying, recording, or otherwise—without the permission of Kellogg Case Publishing. Change Management Competitive Strategy Corporate Strategy Decision Making Family Business General Management Leadership Marketing Organizational Culture Public Relations In January 2008, W...

... the permission of the Kellogg School of Management. Family Business Organizational Change Family Owner's Council Governance Company/Board Reorganization Succession Planning Meat Packing As Phil Clemens looked at the first quarter 1999 report for Hatfield Quality Meats, he noted to himself...

...John L. Ward; Carol Adler Zsolnay; Sachin Waikar When a consultant recommends an overhaul of the HR compensation practices that the family business is known for and prizes, what should be the next steps? Evaluating business advice when it is contrary to one's strengths, values, and beliefs...

...Carrie Meek; John L. Ward A successful, multigeneration manufacturing family business, with progressive human resources policies, weighs the pros and cons with family owners and company employees of selling the business to meet the challenge of global competition. This case was prepared...

...John L. Ward; Carol Adler Zsolnay A successful five-generation family business group in India separates its ownership role from its operational management role to meet the needs of a more global economy. This includes hiring professional nonfamily business unit managers as well as including...

... founded and run by entrepreneurs as a family business into the sibling generation. Explore “escalation of commitment” and how it influences decisions to keep the business in the family or not. This case was prepared by Carol Zsolnay, Assistant Director of the Kellogg Center for Family Enterprises...

...John L. Ward The ATF case is a succinct opportunity to explore the many special features of leadership succession for a family business. In 2009 the company was passing the baton to the oldest of three sons in the second-generation family business. ATF produced metal and plastic fasteners...

... related to key concepts including family-business continuity, generational engagement and empowerment, succession, emotional ownership, and intrinsic/extrinsic motivation. In the early 1970s, the three branches disagreed on the company's future direction, with Shiu Nan's family—including Man Tat, his...