A construction company encounters a crane mishap with multiple fatalities. A client, the CEO, and an employee must make choices and the duties of the business to fulfill. Establish in 2006, the instance looks at the choices faced by board members of a museum that is an important client and which is faced with a completion deadline, and of a key employee who is negotiating a stay put bonus and has other offers of employment. The rights and interests of the surety business that provided the building bond are also interwoven. The protagonist is the CEO of a multi-generational family business who must now negotiate with these parties and then decide whether to attempt to raise new capital, declare insolvency, or attempt to direct a managed wind -down. Analytic tools include contract status report, contractor balance sheet and stay-put bonus pool.
PUBLICATION DATE: January 09, 2009 PRODUCT #: 209099-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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