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Case
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Reference no. 119-0080-1
Published by: El-Khazindar Business Research and Case Center (KCC)
Published in: 2019
Length: 14 pages
Data source: Field research

Abstract

This case discusses and shows the consequential effects of a family owned corporation experiencing the transition of leadership responsibilities and its potential affects. Exhibiting the successful transition of the Egyptian Transport and Commercial Services Company S A E (EGYTRANS), to a new CEO and chairman in 2015. The forced transition occurred after the sudden death of its CEO/Chairman, who was a family member who held this position for more than fifteen years. The central theme of the case is that effective succession planning results in positive transfer between board members and directors. EGYTRANS was initially established as a family business in 1973. The case demonstrates a successful transfer from a family business, to a corporation that went public through an IPO, while the family is still involved with the company. This case addresses a decision to be taken by the board of directors as a collective group. Case readers could be students studying a family business course, corporate governance (CG) course or postgraduates in a Master of Business Administration (MBA) class or audience of executive education training.

Teaching and learning

This item is suitable for postgraduate courses.

Geographical setting

Region:
Africa
Country:
Egypt
Location:
Cairo

Featured company

Egyptian Transport and Commercial Services Company S A E (EGYTRANS)
Industry:
Freight and transportation

About

Abstract

This case discusses and shows the consequential effects of a family owned corporation experiencing the transition of leadership responsibilities and its potential affects. Exhibiting the successful transition of the Egyptian Transport and Commercial Services Company S A E (EGYTRANS), to a new CEO and chairman in 2015. The forced transition occurred after the sudden death of its CEO/Chairman, who was a family member who held this position for more than fifteen years. The central theme of the case is that effective succession planning results in positive transfer between board members and directors. EGYTRANS was initially established as a family business in 1973. The case demonstrates a successful transfer from a family business, to a corporation that went public through an IPO, while the family is still involved with the company. This case addresses a decision to be taken by the board of directors as a collective group. Case readers could be students studying a family business course, corporate governance (CG) course or postgraduates in a Master of Business Administration (MBA) class or audience of executive education training.

Teaching and learning

This item is suitable for postgraduate courses.

Settings

Geographical setting

Region:
Africa
Country:
Egypt
Location:
Cairo

Featured company

Egyptian Transport and Commercial Services Company S A E (EGYTRANS)
Industry:
Freight and transportation

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