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TWO CASE BRIEFS - Admission/Application Essay Example

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During 1980ss the succession passed onto Allen and Ryan who were the youngest sons of the Cohen’s family to join the business. The Atherton…
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Download file to see previous pages Isador Cohen after leading the company for the short aspect of time passed succession to his son Bob who was sufficiently talented to earn the primary name of the family-owned business. Allen and Ryan being talented sons of Bob took charge in 1980, when the company was being recognized in the California region and in the men’s clothing domain. Both brothers had good understanding and had respect for each other’s actions and decisions. This was the strength of the Atherton clothing company, and therefore, it was the concern of Allen, and Ryan that whoever takes the charge should continue with this unity principle to make the family-business grow and flourish (Davis, 2006).
Zachary Cohen, the son of Allen Cohen was sought as a next leader of Atherton. Zachary was aware of his grand parents philosophy, which was all about trust and unity within the Cohen’s family. It was a sense of brotherhood, which Zachary acquired from his ancestors and fore fathers. Zachary being talented son of Cohen’s family wanted to take charge of Atherton Company. He was keen to join the family business since from his early childhood days when he sat in his father and uncle company discussions and meetings (Davis, 2006).
Zachary primary concern was to change the buy and sell contract of Atherton, which divided ownership and decision-making power in the company after his father Allen has left over. According to the present contract, Zachary would receive only 17% stake after his father passes away. Zachary thought that this minor ownership succession would obstruct him achieves his long terms goals for Atherton, which he had planned for several years for his company. Zachary located problems in the non-family management section. The non-family mangers were weak in their performances specifically in areas of inventory and store management, which were in their control during the uncle and father succession period. Zachary wanted to improve the non-family management section by taking ...Download file to see next pagesRead More
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