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"She'Ll Always Be My Little Sister" Case Study

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Submitted By AvgJay
Words 487
Pages 2
Jeffery Lesins

Professor Ross

Family Business

9/15/15

Little Sister Case Study

Martin Schmidt is the owner and manager of a construction company that his father started. He is getting close to the age of retirement and is concerned with who will take over for him after he retires. He has a child Robert who has been with the business for four years and is expected to take over for him. He has no formal training but years of experience learning under his father. Martin also has a daughter who is more qualified having studied at an ivy league college and holding an MBA. She also has worked for a multinational conglomerate giving her plenty of experience in the field of business management. Martin is worried that no one will take his daughter seriously and she will fail as a owner and manager of his company.
I think that Martin's worries are very justified. If he were to bring his daughter in to the business and let her own and run it out of nowhere his employees would see it as nepotism and would not respect or listen to Dorothy for that reason. What Dorothy should try to do is convince her father to allow her to work in the business and prove herself as a capable leader before deciding who to give his business away to. Dorothy is very qualified to handle this position so she will shine and earn the respect of her workers and family given the opportunity to show what she is capable of. This would also allow Robert to still take over the family business without hurting anyone's feelings and keeping the family close and intact if Dorothy were to fail at her new position. If both Robert and Dorothy shine in the position of leader of the company their father can give them each half and have them run the business together happily. This method of action will help against any possible hurt feelings in the family over which member gets to become the successor

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