As a result of market pressure to restructure, American Cyanamid highlighted their inefficient chemical groups in a new public corporation, Cytec Industries. In addition to weak operations, Cytec has inherited most of the environmental and post-retirement health care obligations by Cyanamid. Assessment of the market outlook Cytec was grim.
Managers Cytec, all long Cyanamid employees were delighted. They believed that they could make a change in the strategy of Cytec and corporate culture, resulting in a significant improvement in performance. Spin-off Cytec gave an opportunity to change the management style and adopting practices that are more effective and more relevant to its business. This case is the organizational and management implications of side operations. "Hide
by Karen H. Wruck, Sherry Pelkey Roper Source: Harvard Business School 26 pages. Publication Date: September 17, 1996. Prod. #: 897053-PDF-ENG
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