Precista Tools AG, Video Harvard Case Solution & Analysis

The key storyline of the case Precista Tool AG is all about the battle in a family business, which revealed in the following areas: (1) Parent-child battles & family dynamics; (2) Management succession dilemmas; (3) Business-family issues and (4) The circumstances of women supervisors. Mr. Huebel and his daughter Greta have distinct comprehensions in several facets in the management of the business after Greta was named as the manager of monetary and administrator of the company in 1983. Differences in values, vision and direction styles causes disagreement, which contributes to rivalry, strained relationships and power battle. In the fluid several years, the father and daughter's struggle became intense as Mr. Huebel's son joined the business. Mr. Huebel played off against offspring one another and desired his only son Peter to be the successor of the business. An emotional involvement with his son considerably damaged Greta's feeling and working approach. As a woman minority with no engineering backgrounds, on the flip side, Greta felt the pressure coming from the custom that men ought to be the decision maker of the business in engineering region. There's also some conflict between Mr. Heubel's family and the Non-family management member in the firm. The struggle is severed by the insufficient communication and eventually Greta decided to step down from the firm.

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP

PUBLICATION DATE: June 17, 2015 PRODUCT #: 815707-VID-ENG

 

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