The founder of Lakkard Leather Company has headed the firm for 24 years. He's pleased with his company, and attributes much of its success to his own leadership style, which didn't allow for the involvement in decisions of substance of anyone else.
His son stepped in and kept the business going, when he was badly injured in an auto accident. Without any intent to take over, the son transformed operations and the leadership of the organization in the space of a couple of months, the company had shifted, so that by the time the creator returned and his role was reduced.
The son, in the meantime, believed he did a better job than his daddy and grew to like his interim place. Both men become locked in a power struggle; yet the business faced several crucial conclusions that had to be taken with regard to growth, product offering and sale opportunities.
PUBLICATION DATE: April 15, 2011 PRODUCT #: W11098-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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