HappyFloors (D)

Published 01 Jan 2004
Reference 5178
Industry Retail
Region Europe
Summary

Two young Polish entrepreneurs built a profitable and fast growing business, which has reached the stage where the traditional management model of making all-important decisions together in an informal way is no longer adequate. The founders are struggling with a challenge of creating new management system, adjusting their personal roles in the business and bringing in professional managers

Teaching objectives

The objective of this case is to foster the discussion of changing system of corporate governance as the entrepreneurial venture is growing. It could be used as an in-class individual exercise where students have to choose some of the alternatives for changing the role of the company founders in its management, which are presented in the case or as a basis for a group discussion.

Keywords
  • Entrepreneurship
  • Growth of entrepreneurial venture
  • Corporate governance
  • Business partnership
  • Succession
  • Professional management
  • Business in Eastern Europe