Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 05.01.2006
Length: 10 pages
Data source: Field research
Abstract
This is the first of a four-case series. The case series follows the Richard Owens family through nearly one hundred years of evolution and change. The (A) case describes how the family business started with one grocery store in 1906, and by 1974, had grown into a large private enterprise that included supermarkets, liquor stores and real estate. While competitors could not seem to stop the Owens family business, fractured family relationships and rivalries caused significant problems. In 1974, the conflict came to a head and the firm was split into three, one business line for each sibling.
About
Abstract
This is the first of a four-case series. The case series follows the Richard Owens family through nearly one hundred years of evolution and change. The (A) case describes how the family business started with one grocery store in 1906, and by 1974, had grown into a large private enterprise that included supermarkets, liquor stores and real estate. While competitors could not seem to stop the Owens family business, fractured family relationships and rivalries caused significant problems. In 1974, the conflict came to a head and the firm was split into three, one business line for each sibling.