Michel Nassif Et Fils: Succeeding Generations

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Publication Date:
June 30, 2015

Retail & Consumer Goods

Ivey Publishing

In September 2014, the chief executive officer of Michel Nassif et Fils, an importer and producer of food and printed goods headquartered in Beirut, Lebanon, is trying to figure out what decisions he needs to take to ensure the development of the company that had been founded by his grandfather a century ago. At the age of 48, right after the birth of his first son, he realizes that he needs a plan to ensure a viable future for this familyowned company. He knows that succession planning will involve the entire management team, none of whom currently has a leadership position. As had his father and grandfather before him, he alone makes all decisions for the company. He is considering whether to pick a potential successor internally to be trained and prepared for senior management or to remain at the head of the company until his son is old enough to take over.

Randa Salamoun is affiliated with American University of Beirut. Lina Tannir is affiliated with American University of Beirut.

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Michel Nassif Et Fils: Succeeding Generations

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