Khushboo Pouch and Packaging – “adapt to change”: a case on succession planning

Sweety Shah, Indra Jairamdas Meghrajani, Heena Thanki

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Khushboo Pouch and Packaging was the first-generation initiative of Mr Bhavesh Udeshi. Mitesh Udeshi, son of Bhavesh Udeshi and the business’s sole successor, joined the firm in 2019 after graduating with a Master of Business Administration degree. Mitesh had desired to join his family firm since he was a teenager and aid the business with emerging business ideas. As a fresher, he applied his newly acquired theories to the company’s operations. He initiated several changes in the company; however, his actions were ineffective. He introduced modifications to the business premises, production units, marketing tactics, accounting department and product line extension for two years. Mitesh had intended to restructure his traditional firm in rational and innovative ways, but none of his plans had come to fruition. He failed because the firm’s change management was confronted with denial, rage, bargaining and melancholy from both his father and the employees. Amidst non-acceptance and inconsistency, he found himself in a quandary. He had two options: remain in the family firm and persevere in making his ambitions a reality or resign, find a job and embark on a new path. Unfortunately, leaving would indicate surrendering defeat after a two-year struggle.

Subjek

BUSINESS PLANNING
 

Katalog

Khushboo Pouch and Packaging – “adapt to change”: a case on succession planning
ISSN: 2045-0621
11p.: pdf file.; 463 KB
English

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Pengarang

Sweety Shah, Indra Jairamdas Meghrajani, Heena Thanki
Perorangan
 
 

Penerbit

Emerald
New York
2024

Koleksi

Kompetensi

 

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