In January 1997, Sir John Craven, a respected investment banker and chairman of the investment bank Deutsche Morgan Grenfell, was offered the chairmanship of Lonrho, a conglomerate headquartered in London, England, and the operations, mainly in Africa. Lonrho is even more significant interests in hotels, mining, agriculture and trade. The company is in financial difficulties, and do not respect the financial community in London. Tiny Rowland, businessman tycoon who built a company that was recently fired. Company lacked leadership and direction it should be removed from its current financial problems and thrive in the future. Sir John had to decide whether to accept the offer of the position of chairman, and if he did, the direction in which Lonrho should take. Supplementation with Lonrho to Lonmin (B): Restructuring conglomerate product 905M68 and Lonrho (C). Lonmin, product 905M69 look at the decision of Sir John and the focus of "Hide
by Rod E. White, Derek Lehmberg Source: Richard Ivey School of Business Foundation 19 pages. Publication Date: February 6, 2006. Prod. #: 905M67-PDF-ENG
Related Case Solutions & Analyses:
Southeastern Mills: The Eighth Element
GPS-To-Go Takes on Garmin
Coloplast AS – Organizational Challenges in Offshoring
British Petroleum (PLC) and John Browne: Culture of Risk Beyond Petroleum (A)
Garage.com (A)
Incat
Taking the High Road When Going International
UCB (A): Managing Information for Globalization and Innovation
General Motors Technical Center India – Powertrain Engineering
Talent Recruitment at frog design Shanghai, Chinese Version
