The founder of XYZ Company has decided to retire. He wants one of three children to take over leadership of the business - and he knows exactly who it should be. Other members of the family have their ideas as well. One segment of the family wants the oldest son, Michael to take over, but the founder thinks Michael is a melon head. The second son, Christopher, is a well-meaning and hard-working part of the business, but he just does not have what it takes to be a leader. Nonetheless, another group of family members favors him. Samantha, the youngest child, is as sharp as a tack, with solid experience and accomplishments under her belt. On an objective basis, Samantha would be the best choice for the business. She is the founder's choice to take over the company and has other family supporters as well, although not as many as for Michael and Christopher. This is a situation tailor-made for conflict. How do the Founder persuade Samantha to take over the company without causing conflict amongst other family members? Can he win/should he win

The founder of XYZ Company has decided to retire. He wants one of three children to take over leadership of the business - and he knows exactly who it should be. Other members of the family have their ideas as well. One segment of the family wants the oldest son, Michael to take over, but the founder thinks Michael is a melon head. The second son, Christopher, is a well-meaning and hard-working part of the business, but he just does not have what it takes to be a leader. Nonetheless, another group of family members favors him. Samantha, the youngest child, is as sharp as a tack, with solid experience and accomplishments under her belt. On an objective basis, Samantha would be the best choice for the business. She is the founder's choice to take over the company and has other family supporters as well, although not as many as for Michael and Christopher. This is a situation tailor-made for conflict. How do the Founder persuade Samantha to take over the company without causing conflict amongst other family members? Can he win/should he win

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter6: Managing Start-Ups And New Ventures

Section: Chapter Questions

Problem 3CFCA

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