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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| Format: | eBook |
| Language: | English |
| Published: |
London :
SAGE Publications: SAGE Business Cases Originals,
2019.
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| Series: | SAGE Knowledge. Cases.
SAGE research methods. Cases. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| 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? |
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| Physical Description: | 1 online resource : illustrations. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781526463937 1526463938 |