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Research Details

Torvald Klaveness Group: From Old Traditions To Future Innovations

Abstract

From its beginning in 1947, the Torvald Klaveness Group succeeded in the shipping business through innovation and the vision of one man, Torvald "TK" Klaveness. The company grew and prospered until 1989, when TK handed the reins over to the second generation. His eldest son remained true to his father's principals and business philosophy. As yet another management transition drew closer, the next generation considered changes to the founder's succession plan and the company's strategic approach.

Type

Case

Author(s)

John L. Ward, Colleen Lief

Date Published

2002

Citations

Ward, John L., and Colleen Lief. 2002. Torvald Klaveness Group: From Old Traditions To Future Innovations. Lausanne: IMD Case Collection.

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