Crisis Of The Board Or The Board In A Crisis? Harvard Case Solution & Analysis

IMD-3-2116 © 2009
Steger, Ulrich; Nedopil, Christoph

Throughout the recession, the board of NorgeRims, a vehicle provider, discovers itself in a challenging circumstance. On the one hand the business is dealing with bankruptcy due to the recession that diminished its money reserves; on the other hand the board itself remains in a crisis as its members have actually divided into 2 factions.

The chairman has to discover a method to fix up the positions and keep the business from drowning. Knowing goals: Dealing with and dealing with industrial and board concerns throughout times of crisis.

Subjects: Board; Corporate governance; Crisis; Director; Chairman; CEO; Economic crisis; Financial crisis; Crises; Board crisis
Settings: Norway; Automotive; 18,000 employees; 2009

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