Egyptian Tires and Batteries Importers: Dilemma of Sustaining Family Unity

Dr. Ashraf Sheta,1 Nadia Ashraf, Nadine Siag, Lamis Sallam, Hoda Safy Eldin, Mai Hashad, & Mariam Ahmed
1Adjunct Assistant Professor, The American University in Cairo, Egypt
DOI –
http://doi.org/10.37502/IJSMR.2022.5218  

Abstract

This case is addressing the story of a very successful family business, Egyptian Tires and Batteries Importers. It discusses the business’s establishment over time and how it evolved along with all the issues it faced. The business was established in the 1950s by a greatly hard-working entrepreneur, and his persistence and love for the business enabled him to pass on a highly successful enterprise for his family under the name of Ishak Co, which later changed to Egyptian Tires and Batteries. However, during this journey, the business structure and ownership statuses changed due to many conflicts and issues. The case discusses the challenges faced throughout the generations and what future challenges they might face. The current CEO of the business has been facing a couple of tough decisions that he should make regarding the business ownership structure, succession plan, governance, and a potential merger with his uncle.

Keywords: Family business, Business Families, Succession Planning

References 

  • Aronoff, Craig E., et al. Developing Family Business Policies: Your Guide to the Future. Palgrave Macmillan, 2011.
  • Carlock, R. Strategic Planning for the Family Business: Parallel Planning to Unify the Family and Business. Palgrave Macmillan, 2014.
  • Lansberg, Ivan. Succeeding Generations: Realizing the Dream of Families in Business. Harvard Business School Press, 2003.
  • Poza, Ernesto J., and Mary S. Daugherty. Family Business. South-Western Cengage Learning, 2014.