J perez foods a case writeup

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J perez foods a case writeup

As a consultant to the Perez Family whose purpose is to bring stability to the ownership group, I will address 3 main areas of contention that if mitigated, I believe have the potential to resolve the current situation.

My first area of contention is the outward personality and emotions you have displayed throughout the series of events. I understand that as a developing business leader, you were always challenged, overshadowed, and to an extent belittled by your father in terms of your abilities and ideas.

We will write a custom essay sample on J. Your lack of confidence in yourself prompts you to seek control of situations that may inherently be incontrollable. These are situations that you would be better off responding to and closely evaluating for both the company and your benefit.

This clearly occurred when Mercedes and the other siblings voice their concerns on the direction you are leading the company and their request for secondary options should the value of dividends fall. My first recommendation is for you to re-evaluate where you currently stands.

This will help to relieve a lot of the tensions that overshadow most of your family meetings and aid in your internal processes of communication.

A second concept, in-line with your emotional appearance, which you may want to consider, is your physical appearance and arrangement.

Although most of your siblings are content with the fact that as the person with the most at stake in the business and the person who works the most in the business, you should reap a greater benefit than the rest of them from the earnings, there is definitely a growing discontent with your excessively lavish lifestyle and the compensation arrangements for management, in conjunction with the recent significant decline in return on equity.

As the residual claimants to profits, equity holders are often at the mercy of the management and your siblings obviously feel that there is a misalignment of incentives between them and the management.

This misalignment insinuation has also built up a resistance against their propensity to trust you. I think one solution you can take to mitigate this problem is to actively align the managers incentives though some type of options compensation. Instead of your current system, you should bring in a reputable compensation consulting firm to devise the salaries of your management and give them the ability to use options or other methods to transparently tie the incentives together.

You can also have your siblings establish a compensation committee, similar to steps taken in public corporations, to evaluate and vote on the compensation arrangements. By forming the compensation committee, you are also increasing the checks-and-balances aspect of your stockholders by separating the business from the family, in that the shareholders are represented directly by their concern for their wellness of their holdings and not just brought together as family members.

More importantly, this is a step that will put your interests back into alignment and create the feeling that you are together in the same boat. Being in the same boat up a steep cliff and having at least a semblance of influence helps in restoring the trust amongst team members.

This also relates to the idea of empowerment in stewardship, which helps create not only a stronger bond but an allegiance to a common cause from all stakeholders. By following the aforementioned ideas of collaboration, you should be able to restore the trust between you and most of your siblings.

I say this because in the end, their dissention and concern came not from a challenge to your authority but out of a genuine regard for their own well-being. With the passage of your father, they lost their supporting figure that provided for and looked after their needs.

Simply put, all you need to do to placate their discomforts is to transparently show them that you have the confidence and skills to successfully run the business and that you will do so with incentives closely aligned with theirs.

In fact, most of your siblings would prefer to be taken care of by a prolific patriarch and not have to be concerned with the day-to-day operations of the family business.J.

J perez foods a case writeup

Perez Foods (a) Case Writeup Essay Words | 7 Pages. J. Perez Foods (A) Case Writeup Dear Jamie Jr, From my observations, there is a massive, overarching family-business conflict embroiling you and your siblings (mainly Mercedes) that has the potential to not only undermine the cordial familial relationships between your family members.

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Essay J. Perez Foods (a) Case Writeup. J. Perez Foods (A) Case Writeup Dear Jamie Jr, From my observations, there is a massive, overarching family-business conflict embroiling you and your siblings (mainly Mercedes) that has the potential to not only undermine the cordial familial relationships between your family members, but also has the.

Create, study, print, share and download millions of flashcards. kaja-net.com makes studying easier! J. Perez Foods (a) Case Writeup Essay. J - J. Perez Foods (a) Case Writeup Essay introduction. Perez Foods (A) Case Writeup Dear Jamie Jr, From my observations, there is a massive, overarching family-business conflict embroiling you and your siblings (mainly Mercedes) that has the potential to not only undermine the cordial familial relationships between your family members, but also has the.

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