Otsuka Kagu : the virtues of being modern /

Otsuka Kagu, a Japanese furniture company, experienced a succession and strategy crisis when the founder's daughter, who became Chief Executive Officer in 2009, deviated from her father's business model to modernize the company. A rare public spat ensued when the father tried firing her, b...

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Bibliographic Details
Main Author: Dieleman, Marleen (Author)
Format: eBook
Language:English
Published: London : SAGE Publications: SAGE Business Cases Originals, 2019.
Series:SAGE Knowledge. Cases.
SAGE research methods. Cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Otsuka Kagu, a Japanese furniture company, experienced a succession and strategy crisis when the founder's daughter, who became Chief Executive Officer in 2009, deviated from her father's business model to modernize the company. A rare public spat ensued when the father tried firing her, but she was backed by the Board and non-family shareholders. Having re-taken the reigns, Kumiko Otsuka proceeded with her new strategy. However, the company's financial results soon deteriorated instead. Was her father right after all or was it a matter of time before the company would return to growth and profitability under the new strategy? What should Kumiko do?
Physical Description:1 online resource : illustrations.
Bibliography:Includes bibliographical references and index.
ISBN:9781526463937
1526463938