Family Firms : Case Studies on the Management of Growth, Decline, and Transition

Online-Ressource (XII, 122 p. 46 illus., 26 illus. in color, digital)

SpringerBriefs in Business ; 37

Description based upon print version of record

Family Firms; Abstract; Acknowledgments; Contents; Introduction; References; Reading a Family Business Case; About Cases; Bacardi Limited: A Growing Family's Firm in a Consolidating Industry; Preface to the Case; Introduction; Bacardi: The Start of a Family Business; Pepín Bosch: Rebuilding an Empire (1922-1977); Eddy Nielsen: A Transition in Family Involvement (1977-1991); A New Strategic Direction (1992-1999); Brief Look at the Spirits Industry; Competitors in the Consolidating Spirits Industry; Shareholders and IPO Preparation; The Board of Directors and Stock Ownership

Bacardi's Culture and Private StatusThe Vodka Craze; Conclusion; Thai Rolls Restaurants: Growth and Delegating Control to Nonfamily Management; Preface to the Case; Introduction: The Struggle of Managing Managers; The History of Thai Rolls; The Restaurant Industry; Future Possibilities and Goals; To Expand or Not; Key Family Players; Kai Tham; Kim Tham; Dao Tham; Hoc Tham; Key Competitors; Experiencing Culture Shock; Dealing with Growth; Seattle Homes and the Waterman Family: Transitions in the Family Firm; Preface to Case; Introduction; History; Ownership; Overview; Company Structure

Christian Waterman: Norman's FatherChris Waterman: Norman's Firstborn; Amy Waterman: The Middle Child; Daniel Waterman: The Youngest Son; Kathy Waterman: The Supporting Wife and Mother; Norman Waterman: The President; The Next Step; Sol News Versus the Internet: At the Crossroads of Entering the Family Firm or Starting a New Venture; Preface to Case; Introduction; Company Background; The Industry; The Ethnic Context; Related Businesses; Picking Opportunities; Real Estate Opportunities; The Unpleasant Past; Management; Technology Opportunities Outside; The Unresolved Succession Question

Bobbi's Growing DilemmaSarmak and Sarteks : Transition in the Family Firm, to Stay or Not Stay; Preface to Case; Introduction; Turkey: Economic and Political Background; The Business and the Industry; Company History, Management, and Ownership; The Foundation of Sarteks; New Investment and Mehmet's Future; Role of Women, Second Generation, and Expectations; Governance; Professionalism and Role of Outsiders; Can an Intelligent Plan Be Developed?; California Steel and Supply: Transition in Key Employees; Preface to Case; Introduction; The Steel Service Center Industry; Ripe for Consolidation

The Changing of the GuardThe Legendary Samuel Goldstein; Sweet Success; The 1990s: Entering New Markets; The Troubled Road Ahead; "Is Anything Wrong?"; Risk Strategies Management, Inc.: A Family-Managed Technology Firm Goes Public; Preface to Case; Introduction: RSM Prepares for an IPO; RSM's Business: Helping Investors Anticipate Disaster Claims; The History of RSM; RSM Today: Re fl ections on Its Situation and That of Its Employees; RSM: What Now?; White's Gourmet Foods, Inc.: Building a Multibillion-Dollar Private Family Firm; Preface to Case; Introduction; The Start; A "Canadian" Soda

White's Vending

​Introduction -- Reading a Family Business Case -- Case One: Bacardi Limited - A growing family’s firm in a consolidating industry -- Case Two: Thai-Rolls Restaurants - Growth and Delegating Control to Non-Family Management -- Case Three: Seattle Homes and the Waterman Family - Transitions in the family firm -- Case Four: Sol News vs. the Internet - At the crossroads of entering the family firm or starting a new venture -- Case Five: Sarmak and Sarteks - Transition in the family firm, to stay or not stay -- Case Six: California Steel & Supply - Transition in key employees -- Case Seven: Risk Strategies Management, Inc. - A family managed technology firm goes public -- Case Eight: White’s Gourmet Foods, Inc. - Building a multi-billion dollar private family firm -- About the Authors. ​.

10.1007/978-1-4614-6046-6 [DOI]

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