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> Succession at Taiwan''s Hop Lion Feather Works: Not Leaving It to Chance

商品編號: SMU048
出版日期: 2022/03/07
作者姓名:
Tan, Wee Liang;Cheah, Sin Mei;Chung, Hsi-Mei
商品類別: General management
商品規格: 14p

再版日期:
地域: Chinese Taipei
產業: Industrial sector
個案年度: -  

 


商品敘述:

Many Chinese family businesses are facing a succession crisis due to the lack of succession planning. Contrary to this finding, Chen Koon-yaw, the fourth-generation owner of the Hop Lion Feather Works Corporation, had planned early and handed the leadership role over to the next generation well before his retirement age. Hop Lion is a supplier of processed down and feathers to well-known consumer brands specialising in beddings and winter coats, including Canada Goose, Moncler, The North Face, and many others. Founded in 1908 and headquartered in Taiwan, the century-old family business had faced multiple crises that threatened its survival in the early 1990s - family separation, employee betrayal, loss of major clients and a highly volatile business environment. Chen''s experience of an abrupt takeover of the family business after the demise of his father had led to his decision of not leaving succession planning to chance, and grooming his son as the next leader well in advance. Even after officially handing over to his elder son in 2015, there were doubts on whether he would truly let go. At 61, he had stepped down earlier than most Taiwanese CEOs. Should he continue to exert control over his successor to influence decision-making?


涵蓋領域:

Corporate governance;Family businesses;Growth strategy;Leadership;Leadership qualities;Leadership transitions;Succession planning


相關資料:

Case Teaching Note, (SMU049), 16p, by Wee Liang Tan, Sin Mei Cheah, Hsi-Mei Chung