The Wendel Family: "Affectio Societatis" (A) - The Story of a French Industrial Dynasty (1704-1976) Case Solution
Abstract:
The Wendel and CGIP cases inform the story of a service family, the Wendel, over a duration of almost 3 centuries. The Wendel case (A) explains how the business, established in 1704, established over 270 years under the stewardship of the Wendel family, as a significant gamer in the iron and steel market.
Pedagogical Objectives:
The case is composed for usage in classes on Family Firms with MBA trainees. Its primary goal is to highlight the function of a family in the advancement and perpetuation of a company and to determine the distinctions in between a family company and a publicly-owned company. The Wendel case highlights the family spirit and worths as elements of service connection; how each creation can restore business as well as has to do so at specific minutes to thrive and make it through; how a family company can bring in especially intense member of the family in spite of unappealing financial circumstances.
This is just an excerpt. This case is about Strategy
published: 11 Jan 1999
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