IMD-3-1539 © 2005
Ward, John L.; Schwass, Joachim; Lief, Colleen
The company lines and business culture that had actually served this landed estate so well and for so long had actually been challenged by extreme modifications in the operating environment; market and ownership presumptions. The A case provides the background and vibrant history of this distinct company; from 1299 to the year 2000; and lays out the obstacles and choices under factor to consider by the trustees; household owners and management.
To offer the estate lock; stock and barrel; investing the future counting newly-liquid wealth; was not an alternative in agreement with the household's heritage and approach. Case B exposes the unforeseen and ingenious actions really carried out by this company and the outcomes that followed. The C case brings the story current with an evaluation of the Estate's tactical efforts and outcomes. The company lines and industrial culture that had actually served this landed estate so well and for so long had actually been challenged by extreme modifications in the operating environment; market and ownership presumptions. The A case provides the background and vibrant history of this special company; from 1299 to the year 2000; and lays out the difficulties and alternatives under factor to consider by the trustees; household owners and management. The C-case brings the story current with an evaluation of the Estate's tactical efforts and outcomes.
Subjects: Family business; Adaptation; Strategy; Corporate culture; Family values; Innovation
Settings: United Kingdom; Landed Estate; Private; 1299-2005
