IMD-3-1569 © 2005
Ward, John; Schwass, Joachim; Lief, Colleen
The family company began with one grocery shop in 1906 and; by 1974; had actually grown into a huge personal business that consisted of grocery stores; alcohol shops and genuine estate. While rivals might not appear to stop the Owens family company; fractured family relationships and competitions triggered substantial issues.
Efforts by one branch of the family to prevent the kinds of issues that brought about the department of the initial family company are described. The C case brings individuals current with the development of the Richard Owens family's very first constitution and governance policies carried out to assist secure the family company for the future.
Subjects: Family business; Governance;Strategy; Succession and change
Settings: Australia; Retailing; Private; 1995 - 2005
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