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    ET 113 - Case Abstract of Family Business Issues and Concerns

    Uploaded by

    Marilou B. Gatchalian
    This is a documentation of the final work of students in ET 113 Family Business Management under Ms. Marilou B. Gatchalian 1st Semester SY 2010-2011. It highlights the students own family business issues and concerns. Likewise, resolutions or action plans are considered to address the issue at hand. While doing the case research, family members were also engaged by the student themselves to discuss matters as they try to work together in helping professionalize their set-ups. Mostly, the family business are in the first generation and the students who are daughters are the apparent successors.

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    Attribution Non-Commercial No-Derivs (BY-NC-ND)
    Download as DOC, PDF or read online from Scribd

    ET 113 - Case Abstract of Family Business Issues and Concerns

    Uploaded by

    Marilou B. Gatchalian
    73 views9 pages
    This is a documentation of the final work of students in ET 113 Family Business Management under Ms. Marilou B. Gatchalian 1st Semester SY 2010-2011. It highlights the students own family business issues and concerns. Likewise, resolutions or action plans are considered to address the issue at hand. While doing the case research, family members were also engaged by the student themselves to discuss matters as they try to work together in helping professionalize their set-ups. Mostly, the family business are in the first generation and the students who are daughters are the apparent successors.

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    ET 113_Case Abstract of Family Business Issues and Concerns

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    © Attribution Non-Commercial No-Derivs (BY-NC-ND)

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    This is a documentation of the final work of students in ET 113 Family Business Management under Ms. Marilou B. Gatchalian 1st Semester SY 2010-2011. It highlights the students own family business issues and concerns. Likewise, resolutions or action plans are considered to address the issue at hand. While doing the case research, family members were also engaged by the student themselves to discuss matters as they try to work together in helping professionalize their set-ups. Mostly, the family business are in the first generation and the students who are daughters are the apparent successors.

    Copyright:

    Attribution Non-Commercial No-Derivs (BY-NC-ND)
    Download as DOC, PDF or read online from Scribd
    Download as doc or pdf
    73 views9 pages

    ET 113 - Case Abstract of Family Business Issues and Concerns

    Uploaded by

    Marilou B. Gatchalian
    This is a documentation of the final work of students in ET 113 Family Business Management under Ms. Marilou B. Gatchalian 1st Semester SY 2010-2011. It highlights the students own family business issues and concerns. Likewise, resolutions or action plans are considered to address the issue at hand. While doing the case research, family members were also engaged by the student themselves to discuss matters as they try to work together in helping professionalize their set-ups. Mostly, the family business are in the first generation and the students who are daughters are the apparent successors.

    Copyright:

    Attribution Non-Commercial No-Derivs (BY-NC-ND)
    Download as DOC, PDF or read online from Scribd
    Download as doc or pdf
    of 9

    Family Business Case Abstract:

    O2 Infusion for Luminaries Inc.

    Abstract

    O2 Infusion for Luminaries Corporation is a first generation family business and is the exclusive
    distributor of Intraceuticals Professional Skin Care Treatments and Products in the Philippines.
    The beauty and aesthetic business is one of the growing businesses and O2 infusion sees a great
    potential especially with the growing clientele in show business. However, the company needs
    to focus more on its strategic planning specifically on the marketing. O2 Infusion had to
    professionalize their approach by using the multi-media using advertising in radio, print and
    television among others. The owner plans to hire media and marketing experts to handle this
    need. To beef up operations, the owner is also bringing in immediate family members to work in
    with the growing clientele. Currently, one graduating teenage daughter taking entrepreneurship is
    being trained within the business to be one of the future manager.

    Professionalizing the Business


    Management Area: Strategic Marketing; Management Training; Family Business
    Counsel

    _________________________________________
    ______________
    Case Researcher: C.Mata; Copy and Documentation Editors: C.Mata; K.Loteria; Abstract Writer:
    M. Gatchalian 11/11/2010

    Family Business Case Abstract:


    Delightco Corp.

    Abstract

    Delightco Corporation is a first generation family business, a distributor dry goods and grocery
    products of large foreign and local manufacturers. He partly owns several real estate
    development companies as well. The father started the business after a good grounding for over 2
    decades of knowledge and experience in the field of distributorship and wholesaling business
    together with his first wife which together they both built. The business had reached its peak and
    is still expanding. Together with its growth are the challenges and problems that go with singly
    managing the day-to-day operations putting a heavy burden to 1 person, the owner. One of the
    pressing concerns as lamented by the owner is the lack of policies on employee misdeeds
    resulting to conflict with clients and suppliers, which takes much of his time to resolve. The
    thought of help from his own family, two of his older children in his first marriage, now
    graduating in college, are one option that he considered. However, preparation for succession
    and transition planning is presently at bay when the widowed father married a much younger
    wife who is now part of his business management team.

    Professionalizing the Business

    Management Area: Family and legal counsel; Human Resource Training and
    Development; Systems Operations, Staff Manual/Code of conduct

    _________________________________________
    ______________
    Case Researcher: E. Del Rosario; Copy and Documentation Editors: C.Mata; K.Loteria; G.Janson
    Abstract Writer: M. Gatchalian 11/11/2010

    Family Business Case Abstract:


    ERD Vegetable Dealership
    Abstract

    ERD Vegetable Dealership is a first generation family business and a retailer of vegetables that
    started as a small stall in Sta. Elena, Marikina market in the year 1989. In 2000, the business
    became a vegetable dealership while retaining its original business name and expanding its
    product lines to baking products, noodles/pastas, spices/seasonings, quail eggs, condiments,
    plastics, and oil. The mother alone started the business coupled with the values of hard work,
    confidence, openness to suggestions and criticism finding business opportunities as it comes and
    seizing them to push and expand. She soon gained a good reputation and continuously attracted
    customers and clients. The children while growing were exposed to the day-to-day operations
    and were given chores to help, roles and responsibilities to perform and be accountable for. The
    main concern at the moment is the preservation and expansion of the business. Of the five
    children, the eldest daughter, who is said to be the mothers’ right hand is the most able to
    succeed in the business.

    Professionalizing the Business


    Management Area: Management Training and Development; Human Resource
    Business Diversification, Transition and Succession Planning; Refining the Family
    Constitution and Family Council Policies
    ___________________________________
    ____________
    Case Researcher: L. Dimabuyo; Copy and Documentation Editors: C.Mata; K.Loteria; Abstract
    Writer: M. Gatchalian 11/11/2010

    Family Business Case Abstract:


    CSB Leasing & Property Management
    Abstract

    CSB Leasing and Property Management Corporation is a second-generation family business


    founded in 1930. The company started leasing and renting property and later on acquired vast
    land of family properties. Business and wealth has been passed on from the first generation to
    second generation. The grandchildren are expected to take over and run the business as soon as
    possible since the family matriarch is already nonagenarian and her children are in their senior
    years as well. A Family Constitution and Family Business Council are being drafted by one of
    her granddaughters at the moment. However, her parents insist that a “last will and testament”
    be crafted while their grand matriarch is still relatively healthy and lucid. However, a more
    urgent concern is the need for legal counsel to work on the legal management of land squatters,
    collection from non-payments of leased properties, crafting and management of legal contracts,
    resolving inheritance issues, inventory of properties and wealth, wealth preservation and in
    professionalizing the property management operations.
    Professionalizing the Business
    Management Area: Leasing and Property Management and Legal Concerns;
    Inheritance, Wealth Management and Preservation; Management Training and
    Development

    ___________________________________
    ____________
    Case Researcher: C. Blanco; Copy and Documentation Editors: C.Mata; K.Loteria; Writer: M.
    Gatchalian 11/11/2010

    Family Business Case Abstract:


    Chi Square Properties
    Abstract

    Chi Square Properties started from house rentals in 1995 to building commercial establishments in the
    year 2000 and is currently progressing as a real estate development business. It is also the wish of the
    parents to hand-over the business to their 2 daughters, who after all will inherit the family’s wealth.
    However, the growing business is not without problems. The owner complained of leases that not only
    abscond but also looted the fixtures of the establishment. Mostly, the problems lies in not being able to
    properly screen the lessees and not legally strict enough to follow the contract leading to abuse on the side
    of the client. These problems made the parents firmer in their resolve to prepare and train their daughter
    to be competent in managing and administering the business operations and its financial health.
    Professionalizing the Business
    Management Area: Manpower/Human Resource/ Leasing and Property Management
    and Legal Concerns; Administration and Operations

    ___________________________________
    ____________
    Case Researcher: C. Paywan; Copy and Documentation Editors: C.Mata; K.Loteria; Writer: M.
    Gatchalian 11/11/2010

    Family Business Case Abstract:


    People Corporation
    Abstract

    People Corporation is a first generation family business that provides skilled


    manpower resources to service establishments. The business, however, is not
    dynamic, as it should because the spouses/owners are also both employed. The
    daughters, while not expected to take over the business, felt the compelling need to
    professionalize the business because there is a high potential for growth in this
    industry. More so, the 2 daughters are very much encouraged to continue not only
    to help their parents but also to develop their careers alongside it.

    Professionalizing the Business

    Management Area: Human Resource

    _________________________________________
    ______________
    Case Researcher: E. Butic; Copy and Documentation Editors: E. Butic; K.Loteria; MG.Janson
    Writer: M. Gatchalian 11/11/2010

    Family Business Case Abstract:


    Gravels Construction Inc.
    Abstract

    Gravels Construction Company is a first generation family business that has


    established itself for over a decade in building infrastructures. The 3 children who
    are recent college graduates and their chosen profession in architecture,
    engineering and finance will definitely boost the growing operations. The parents
    are grooming all the children to take on major roles and functions in the company.
    However, there is a growing need to train and upgrade construction skills of the
    employees in order to carry out tasks more efficiently and effectively. The engineer
    son prefers to work quietly in designing; the architect son is good in people skills;
    and the daughter is efficient in office administration and finance. The parents are
    looking on these competencies in their succession planning.

    Professionalizing the Business


    Management Area: Human Resource

    _________________________________________
    ______________
    Case Researcher: N. Ramirez Copy and Documentation Editors: E. Butic; K.Loteria; G.Janson
    AbstractWriter: M. Gatchalian 11/11/2010

    Family Business Case Abstract:


    Barter Merchandising
    Abstract

    Barter Merchandising is a first generation family business that distributes spare


    parts, heavy equipment, tires and attachments, supplies and related products. The
    business was established in 2005 and is still growing progressively. Five years was
    enough for the company to create an international partnership the future looks
    bright for this business despite the challenges. Interestingly, the only daughter is
    being prepared to join the family business after her studies in business finance in
    2011. She is being groomed to handle specifically, the finance and administration
    functions. One of the concerns of the daughter is the unqualified/relative employee.
    This early, the daughter is contemplating on how to professionalize the business
    operation.

    Professionalizing the Business


    Management Area: Human Resource

    _________________________________________
    ______________
    Case Researcher: G.Janson; Copy and Documentation Editors: E. Butic; K.Loteria; G.Janson Abstract
    Writer: M. Gatchalian 11/11/2010

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