Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2016-09-23
Length: 4 pages
Data source: Generalised experience
Abstract
In 2016, the oldest member of the family business The Ong Group was concerned about the ailing firm that he and his siblings were running. The business had been started in 1957 in Hong Kong by their father. After the death of the father and one of the siblings, the remaining family members needed a plan for the future of the business. Should all of the remaining siblings and their children be allowed to become directors in the family firm? How could they create a workable governance structure that would help the family make the right decisions? How would they put the business back on track?
Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2016-09-23
Length: 7 pages
Data source: Generalised experience
About
Abstract
In 2016, the oldest member of the family business The Ong Group was concerned about the ailing firm that he and his siblings were running. The business had been started in 1957 in Hong Kong by their father. After the death of the father and one of the siblings, the remaining family members needed a plan for the future of the business. Should all of the remaining siblings and their children be allowed to become directors in the family firm? How could they create a workable governance structure that would help the family make the right decisions? How would they put the business back on track?
Settings
Related
Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2016-09-23
Length: 7 pages
Data source: Generalised experience