BL Gruppo was a holding company that ran eight extremely acclaimed and highly rated restaurants, plus a catering operation, in Boston, Massachusetts. Its culinary mini-conglomerate had always achieved recognition as a great organization. However, the narrative of BL Gruppo was really two stories, of two journeys that are entrepreneurial. One was the journey of Barbara Lynch, a high school dropout who, through hard work, self education, perseverance, and entrepreneurial focus, became a world-class chef.
The other was the journey of someone with no formal company training who built a culinary business grossing close to $18 million in earnings and employing over 230 individuals. Now Lynch confronted what she considered one of her biggest challenges: How might she institutionalize her business to sustain the enjoyment anticipated by her regular customers as well as the opportunity for progress by her loyal employees, while at the same time giving her management team and herself chance to monetize and create wealth? And just as important: Should she persist in attempting new business opportunities,or direct her entrepreneurial fervor?
PUBLICATION DATE: January 01, 2012 PRODUCT #: UV5342-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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