Achal Industries was a 40-year-old proprietary family enterprise participated in export and cashew processing. 57, Giridhar Prabhu, handled its businesses in the Indian states of Karnataka and Maharashtra and was Achal's second generation entrepreneur. He had been in this labor intensive business for close to three decades. Family owned private partnership companies and businesses controlled this sector.
Leadership Succession at Achal A Tough Nut to Crack Case Study Solution
The cashew processing sector was facing serious constraints because of high employee turnover along with a job shortage. Giridhar had also been examining and assessing this choice. He expected that, five years hence, automation would prove more economic than labor intensive cashew processing.
Giridhar felt he would not have the capability to manage a brand new, prosperous automated factory, which would demand quite an attempt, as he got old. In November 2014, he was contemplating future options that included expanding the business selling his business and inducting professional non-family members to steer the enterprise's future. The predicament before him was to select the option that would be ideal for him, his enterprise and his family.
PUBLICATION DATE: September 14, 2015 PRODUCT #: ISB055-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
Related Case Solutions & Analyses:
NASCAR: Every Second Counts – Helping Win from the Pits
SunTrust Acquisition of National Commerce
Experian MicroAnalytics: Accelerating the Development of Mobile Financial Services in Developing Markets
How case study method of teaching helps students in better learning
Zhu Dandan (A): Promotions
International Agribusiness in China: Charoen Pokphand Group
Differences at Work: Will (A)
Leadership in Law: Amy Schulman at DLA Piper, Video
Michael Fernandes at Nicholas Piramal
Board Process Simulation (A)
