Disaster in April: The Obligations of Kelly Construction Harvard Case Solution & Analysis

Construction company experienced crane accident with multiple fatalities. General Manager, client and employee must make a choice to fulfill our obligations. Set in 2006, it looks at the choices faced by the members of the board of the museum, which is an important customer and who is faced with the completion of, and a key employee who has other job offers and is in talks to be a bonus. The rights and interests of certainty that the condition of building bonds also intertwined. The main character is the CEO of several generations of the family business, which now needs to negotiate with these parties, and then decide whether to try to attract new capital, declare bankruptcy, or try to bring controlled wind down. The case examines crisis management solutions directors working in the area of ​​bankruptcy, such as construction contracts, limits access available construction bonds, the role of the board of directors, the calculation of the employee to stop, put the bonus pool, subcontractors and suppliers of communication and reputational issues associated with bankruptcy or closing tightly held family business. Analytical tools include a report on the status of the contract, the contractor the balance sheet, to stay, to put the bonus pool. "Hide
by John D. Macomber, Christopher Gordon, Ben Creo Source: Harvard Business School 18 pages. Publication Date: 09 January 2009. Prod. #: 209099-PDF-ENG

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