IMD-3-1963 © 2008
Leleux, Benoit F.; Scheel Agersnap; Barbara
Michael Ring took a deep breath. Ever given that he had actually lost his position as handling director at Georg Jensen; he had actually been browsing for that unique opportunity to continue doing exactly what he took pleasure in most - working with terrific designers; enthusiastic handcrafters and a popular brand name. Did that mean taking out a big home loan on his home and running the risk of everything he and his household owned?
Even though Michael had a powerful track record in the market; the deal was plainly a buy-in and would need an in-depth due diligence. This offer was likewise the very first one of its kind for Michael; and beginning with a turn-around buy-in appeared a bit enthusiastic at finest. This was an unbelievable opportunity to restore control of his future ... Learning goals: Turnaround management; development methods; brand name management; handling designers.
Stelton (A) Buyout Opportunity case study solution
Subjects: Buyout; Turnaround; Entrepreneurship; Family business; Design; Growth management; Career choices
Settings: Denmark; Scandinavia; Tableware; Cookware; Kitchenware; 100 employees; 2004