Case study

There was a well established Pharmaceuticals company XYZ Ltd. It was 30

years old company. The Chairman of the company was a rich person and a
true enterpeneur. 30 years ago the Chairman started the company with a
small factory got well established with the passage of time.Today market
price of shares of the company are touching the sky and company is having
good market reputation.

Chairman had 2 sons who were studying abroad in U.S.A. When the
sons completed their study,the Chairman called them home and they joined
the company with different departments under their control. The elder son
was given the control of Finance,Quality Control & Marketing department
and younger son was given Procurement,Production & other deptt.

The company ran successfully for 1 year. After 1 year company

started facing problems and the condition became from bad to worst with
the passing years. It's share price ahd gone down to the lowest rate and the
condition of liquidity came.

Then the board of directors called a meeting with the Chairman with
his 2 sons. In the meeting the question was raised whether to continue or
shut down the company?

Decisions taken in the board meeting.

- It was decided that the company will not be closed.

- Chairman's both the sons will be removed from the company.

- A new Chief Executive will appointed, who will be the choice of the
chairman with powers at PAR with the Chairman.The will only report to
chairman and no other person.

Q. :- Now consider yourself as the appointed executive. Frame out what

policies you will make for the company and management to bring back the
company to its original position.?
Can any solve this case study for me. Send the solution to
my email ID-
singhakhilesh34@gmail.com