search query: @indexterm CONGLOMERATE COMPANIES / total: 223
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| Author: | Champion, D. |
| Title: | Off with His Head? |
| Journal: | Harvard Business Review
2001 : OCT, VOL. 79:9, p. 35-50 |
| Index terms: | CASE STUDIES FAMILY FIRMS CONGLOMERATE COMPANIES SUCCESS |
| Language: | eng |
| Abstract: | This paper provides the case study. During his first three years as CEO, Lloyd Byrne transformed Bretplex from an uninspired family-controlled company in the machine tool business into a midsize industrial conglomerate. Sales doubled, market value tripled, the company's management team grew stronger, and the board's makeup was enhanced by the appointment of several glamorous nonexecutive directors. After that strong beginning, however, Bretplex's previously unstoppable growth ground to a halt. The turning point was the company's acquisition of Hazlemere Measures, a British equipment manufacturer. |
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