Harilela Enterprises: Passing the Torch in a Family Business
REF ID :
UST/P12
Case Author :
Prof Roger KING ; Prof Winnie Qian PENG ; Bhaskar Sambamurthy
Publication Date :
31.08.2008
Abstract
As the octogenarian, Dr. Hari Harilela GBS, OBE, JP, contemplates the future of his group of companies; the most pressing issue is how to ensure a smooth succession that will place Aron, his only son, as head of the business and at the head of the family, at an appropriate time. Apart from the usual challenges faced by any heir, Aron would have to overcome the “handicap” of his youth when dealing with senior family and board members, and learn to lead to resolve issues smoothly and drive the corporate forward.
Company/Organization | Harilela Group |
Industry | hospitality, manufacturing, family business, hotel property, mechanizing, trader, Real estate |
Major Discipline | General Management |
Subject(s) | Family business, Family glue, Governance and ownership, Leadership, business diversification, succession planning, political relationship, shareholdings, preservice of family harmony, subsidiary holding companies |
Geography | Hong Kong, China, Penang, Malaysia |
Case Nature | Field |
Page count of the Case | 11 |
Publisher | HKUST |
Last Revision Date | 30.04.2008 |