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Author(s)

John L. Ward

Christina Goletz

Case A shows how a regional family company, threatened by national competition, needs to make changes to its structure and way of doing business or face extinction or sale. Case B shows the steps the business takes to make it succeed, including restructuring that involves eliminating long-time family managers and planning for succession. Case C shows post-transition successes and areas that still need work.

Date Published: 01/01/2004
Discipline: Family Business
Key Concepts: Family Business, Organizational Change, Family Owner's Council, Governance, Company / Board Reorganization, Succession Planning
Citations: Ward, John L., Christina Goletz. Clemens Family Corporation (A): The Struggle from Family First to Business First. 5-104-012(A) (KEL115).