John Varley and Clinton Devon Estates (B)
John Varely has accepted the role of CEO. Now the question is how to proceed. Three issues are on his mind. The transparency of the business to the local community and beyond, the creation of a “fourth estate” to earn revenue by developing real estate beyond the existing lands, and to find ways to earn more revenue from the existing estate. Each initiative will require the acceptance of family members. Which project should he tackle first?
To understand the role of a non-family CEO in a family business.
Cranfield University
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Harvard Business School Publishing
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- John Varley and Clinton Devon Estates (A)
- John Varley and Clinton Devon Estates (B)
- John Varley and Clinton Devon Estates (A)
- John Varley and Clinton Devon Estates (B)
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GENEVA (SWITZERLAND), AUGUST 2021. There was a lot at stake for Sébastien. This was the culmination of his 18-month NCA supported search journey to find a company to acquire. Instead of a single target, he was now faced with the prospect of acquir...
September 2024 marks a turning point in corporate management and a drama in the management world, which began with an essay by Paul Graham, patron of Silicon Valley's leading startup incubator, Y Combinator.Graham coins a new paradigm, the founder...
Entrepreneurial families play a vital role in shaping the global economy and society. These families, engaged in creating and managing businesses across generations, share a commitment to long-term growth, wealth preservation, and legacy building.
In the 2010s, card processing – Mastercard’s flagship service – started showing signs of commodification as new, nimble players (typically, fintech startups thriving on digital) entered the payment processing space, and customer preferences evolve...
An exploration of mental health in family business and its triggers, symptoms, and implications on the family enterprise ecosystem with tangible next steps to help leaders achieve long-term success.
This case highlights Ragn-Sells’ remarkable journey from facing financial difficulties to establishing itself as a global authority on the circular economy and sustainability. In 2015, Pär Larshans joined the Swedish waste management company durin...
Culture eats strategy for breakfast is one of the most enduring truisms of management. But is it really the case? And what is culture anyway?
This article integrates the literature on radical innovation, the stewardship perspective, and family business research to develop and test a model examining the influence of a family CEO and the CEO's generational stage on radical innovation, con...
The literature indicates that the board of directors exists to provide resources and strategic direction (service task) and monitor top managers (control task), often tending to overgeneralize board tasks. Using a unique sample of 36 elite family ...
Case reference: IMD-7-2515 ©2024
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in Research Policy 4 November 2024, ePub before print, https://doi.org/10.1016/j.respol.2024.105144
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in Journal of Management Studies November 2024, vol. 61, no. 7, pp. 2814-2848, https://doi.org/10.1111/joms.12990
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