Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 21.01.2020
Length: 12 pages
Data source: Field research
Topics:
Innovation; Marketing; Governance; Ownership; Strategy; Philanthropy; Sustainability; Family business
Abstract
Villeroy & Boch is one of the oldest manufacturing companies in Europe, still controlled by the founding families, though with a public listing. Its specialty is ceramics, divided into bathroom fittings and tableware. At the time of writing the case study, demand was falling for traditional ceramic dining sets, but the business was continuing to grow as a whole. It was displaying considerable ability to automate and modernize in production, gaining efficiency improvements, and to use innovative designs and digital media to appeal to younger customers. It has committed to reduce its environmental impact through lower energy usage and recycling. It retained many features of responsible ownership, for example staying committed to the community in which it originated, maintaining significant manufacturing presence in Germany, and significant philanthropic activities in the region. There were hundreds of family owners, with the 10th generation starting to become involved in the business.
Time period
The events covered by this case took place in From late 18th Century to 2018.Geographical setting
Region:
World/global
Country:
Germany
Featured company
Villeroy and Boch
Employees:
5001-10000
Turnover:
EUR 853 million
Industry:
Furniture
About
Abstract
Villeroy & Boch is one of the oldest manufacturing companies in Europe, still controlled by the founding families, though with a public listing. Its specialty is ceramics, divided into bathroom fittings and tableware. At the time of writing the case study, demand was falling for traditional ceramic dining sets, but the business was continuing to grow as a whole. It was displaying considerable ability to automate and modernize in production, gaining efficiency improvements, and to use innovative designs and digital media to appeal to younger customers. It has committed to reduce its environmental impact through lower energy usage and recycling. It retained many features of responsible ownership, for example staying committed to the community in which it originated, maintaining significant manufacturing presence in Germany, and significant philanthropic activities in the region. There were hundreds of family owners, with the 10th generation starting to become involved in the business.
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Time period
The events covered by this case took place in From late 18th Century to 2018.Geographical setting
Region:
World/global
Country:
Germany
Featured company
Villeroy and Boch
Employees:
5001-10000
Turnover:
EUR 853 million
Industry:
Furniture