Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Version: 5 December 2022
Revision date: 12-Dec-2022
Length: 22 pages
Data source: Published sources
Topics:
Angel financing; Business history; Career advancement; Career changes; Community development; Competitive advantage; Cross-functional management; Family businesses; Geographic analysis; Incubators; Innovation; International business; Market segmentation; Professional networks; Social security
Abstract
Examines the career of Aristotle Onassis and his creation of one of the world's largest shipping companies between 1945 and 1973. Explores the role of ethnic and family networks in Greek shipping and how Onassis was able to penetrate this system despite being an outsider. Looks at Onassis' role as a strategic innovator in flags of convenience and supertankers. Examines the dynamics of competitive advantage in shipping, as well as the strengths and weaknesses of family-owned firms. Ends with the death of Onassis' only son in 1973 and the resulting vacuum in succession.
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Abstract
Examines the career of Aristotle Onassis and his creation of one of the world's largest shipping companies between 1945 and 1973. Explores the role of ethnic and family networks in Greek shipping and how Onassis was able to penetrate this system despite being an outsider. Looks at Onassis' role as a strategic innovator in flags of convenience and supertankers. Examines the dynamics of competitive advantage in shipping, as well as the strengths and weaknesses of family-owned firms. Ends with the death of Onassis' only son in 1973 and the resulting vacuum in succession.