Succession Management Challenges: The Case of a Family Business in the UAE

Author:

Spraggon Martin1,Bodolica Virginia1,Manoussifar Mona1

Affiliation:

1. This disguised case was written by Associate Professor Martin Spraggon (), Associate Professor Virginia Bodolica (virginia.bodolica@hec.ca) and Mona Manoussifar at the American University of Sharjah, UAE to serve as basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. This material may not be quoted, photocopied or reproduced in any form without the prior written consent of the Lahore University of Management Sciences. This case...

Abstract

This case study illustrates the story of Raja Garage Ltd, a small car repair services company based in the United Arab Emirates (UAE). It begins with Izat Raja’s dream to start his own business and follows his journey in pursuit of turning his dream into reality. Shortly after the establishment of his car workshop, Izat is joined by his nephew, Waleed, and together they face the obstacles that arise on their road to success. Years later, Izat’s only son, Kamran, also joins Raja Garage Ltd to find out that the company is slowly regressing and may be on the brink of failure. Kamran decides to take over the family business and shares his ideas with his father, ideas which he believes could salvage the company. Recently recovering from the impact of the financial crisis, Raja Garage Ltd has proven its capacity to overcome multiple challenges throughout its years of existence. Yet, the company’s current survival and future development hinges upon the family members’ ability to make the right decisions.

Publisher

SAGE Publications

Subject

General Business, Management and Accounting

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