Fastener’s for Retail

Fastener’s for Retail (Part A) case, in text Case Questions_5.doc

Poza, Ernesto and Mary Dougherty, Family Business 4th ed., Mason, Ohio, South-Western Cengage Learning, 2014, p.197

The case write-up should be 3-4 pages in length (12 point font) and include an in-depth analysis of the case (Use APA style to cite from the case). Follow the sequence of the questions in your write-up of the case. Responses should be numbered according to the question and written in a narrative format. A brief sentence or two is considered incomplete and will result in a deduction of up to 5 points. Each question is worth 10 points, so your response should be thorough, each a paragraph in length.
1. What are the current key challenges of this business?
2. What managerial best practices (eg.strategic planning) was Gerry Conway relying on to
promote family business continuity? Please discuss separately each practice and how it
was used.
3. What governance best practices (eg. creating a Board of Directors, family council) was
Gerry Conway relying on to promote family business continuity? Please discuss
separately each practice and how it was used.
4. Should Gerry Conway continue to strive to identify a CEO successor from the family?
5. At the age of 69, did it make sense for Gerry Conway to commit even greater amounts of
money to fund the company’s growth this late in his life and career?

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