Case
Clemens Family Corporation (B): The Process of Change
Author(s)
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 (B): The Process of Change. 5-104-012(B) (KEL116).