Global Expansion of the Insurance Business - is it Lucrative


IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed
 
Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : INS043
Case Length : 03 Pages
Period : 2003
Pub Date : 2003
Teaching Note : Available
Organization : Varied
Industry : Insurance
Countries : India

To download Global Expansion of the Insurance Business - is it Lucrative case study (Case Code: INS043) click on the button below, and select the case from the list of available cases:



Price:

For delivery in electronic format: Rs. 100;
For delivery through courier (within India): Rs. 100 + Rs. 25 for Shipping & Handling Charges

» Insurance Case Studies
» Case Studies Collection
» ICMR HOME
» Short Cases Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Case Studies by Area
» Case Studies by Industry
» Case Studies by Company


Bookmark and Share

<< Previous

James Charles (Charles Jr.), the new chief executive officer and managing director of Global Orbit Insurance Company, took charge of the company after his father, Jim Charles, who was unable to discharge his duties due to ill health.

In an emergency board meeting held recently, Jim Charles (Charles Sr.), the father of James Charles, conveyed to the board members his decision to step down and pass on the mantle of managing the company to his son. He attributed his stepping down from the post to his ill health. In the meeting he said, "There is a lot of speculation going on about my health. This is affecting our share prices in the stock market and is also affecting our employees' morale. Our business deals are being harmed due to the increased level of uncertainty regarding the future leadership of the company. Considering all these facts, I feel that it is the right time for me to step down from the position of the managing director."

"We agree with you. But your son is too young and inexperienced to hold such a senior position in the company. And there is no one in our organization who can assist him and give him expert guidance. Therefore, your stepping down all of a sudden will do more harm than good to the organization," said Carl Harris, one of the directors of the company...



Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.


 

Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.