Product details

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Case
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Reference no. 698-028-1
Published by: INSEAD
Originally published in: 1998
Version: May 1998

Abstract

In 1992 Francolor Pigments discovers it is no longer part of ICI''s core strategy. Under its dynamic general manager, the production unit prepares to become a stand-alone company within Toyo Ink, a Japanese group that encourages entrepreneurial growth. Francolor demonstrates its competence to its new owners by successfully implementing a high technology project. The case demonstrates how a change in management style can affect a company''s future. The acquisition of this European unit by a Japanese group does not follow the stereotype. A ''hands off'' approach can stimulate managers and workers to significant achievements through incremental improvements and ''step-up'' projects.
Location:
Industry:
Size:
USD2 billion sales 1997
Other setting(s):
1992-1997

About

Abstract

In 1992 Francolor Pigments discovers it is no longer part of ICI''s core strategy. Under its dynamic general manager, the production unit prepares to become a stand-alone company within Toyo Ink, a Japanese group that encourages entrepreneurial growth. Francolor demonstrates its competence to its new owners by successfully implementing a high technology project. The case demonstrates how a change in management style can affect a company''s future. The acquisition of this European unit by a Japanese group does not follow the stereotype. A ''hands off'' approach can stimulate managers and workers to significant achievements through incremental improvements and ''step-up'' projects.

Settings

Location:
Industry:
Size:
USD2 billion sales 1997
Other setting(s):
1992-1997

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