CP Group: Balancing the Needs of a Family Business with the Needs of a Family of Businesses Case Solution


Case ID: 312059

Abstract:
Case Solution & Analysis for CP Group: Balancing the Needs of a Family Business with the Needs of a Family of Businesses by William C. Kirby, Tracy Yuen Manty
As a second generation business leader, Chairman Dhanin Chearavanont took over the family agribusiness company and built it to become a major diversified conglomerate in Thailand and expanded the business in SE Asia and China. While growing the business, he and his brothers created a holding company to both maintain and separate the interests of the family with the growing business units. As a third and possibly fourth generation of Chearavanonts enter the company, how has Chairman Dhanin created a business culture that maintains the closeness of a family business with the strategic vision, innovations, and transparency of a professionally run company -- especially given the fact that many business units are public companies? This case seeks to outline the balance of a family business with the needs of a growing and competitive international conglomerate.

Keywords:
Family businesses, Financial management, CP Group Balancing the Needs of a Family Business with the Needs of a Family of Businesses Case Solution

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