CONFLICTING BUSINESS APPROACHES OF TWO GENERATIONS: THE OTSUKA FAMILY SHOWDOWN Case Solution
The creator launched the exceptional account program which became the motive of difference of opinion between him and his girl Kumiko Otsuka (Kumiko), in the brand new century. Through the growth length of the economic system in Japan the business produced earnings and fine sales. However, when Asia was strike by downturn, the discretionary income of youth became shaky; they began searching for additional more economical and low- alternatives that were branded. Their requirements were crafted by additional modest furniture retail stores which were like IKEA, Muji, Nitori Ltd in their own growth stage. It caused tremendous deficits for the organization. Katsuhisa handed to Kumiko last year over the job of Leader. The child along with enterprise thought and her fresh techniques could to show the organization into earnings though slowly. She started more affordable and little factory outlets to increase the revenue and made a decision to stop the account business design that was aged. The changes could not be taken by the dad absolutely and he made a decision to eliminate the child in the place of leader in July 2014. He shut the little factory outlets that have been started by the child and re-started the old patterns in the shops. In January 2015, since earnings of OKL were taking place the people of the panel made a decision to name the child as leader. In another general stockholders assembly, Katsuhisa suggested the reversal of whole people of panel in exactly the same assembly. In the assembly, both dad and child offered the investors with their comparing propositions. Kumiko predominated not even close to over, but the issues for OKL were.
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