Abstract
This case series illustrate how Sanquan Food (hereinafter "Sanquan") evolved from a small family-run startup into an innovative listed company during China's reform and opening-up, and how the family's corporate "DNA" guided the strategic transformation. The cases offer a prime example of a smooth leadership succession at a Chinese family business and emphasize that successful successions are usually a drawn out process, rather than a one-off event.
Case (A) describes how Sanquan's governance evolved as the business matured from a family-owned startup into a family-controlled public company. Governing family businesses is notoriously difficult due to the complex relationships between family members, company ownership, and management. This case describes the dynamic intersection between the "second curves" of corporate strategic upgrading and intergenerational succession at a time of sweeping social change in China. It explores family, business, and social systems to analyze how, and to what extent founders and successors are involved in business affairs, and looks at the key challenges faced by corporate decision-makers.
Translated title of the contribution | Sanquan Food: Strategic Transformation and Inheritance at a Family Business (A) |
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Original language | Chinese (Simplified) |
Number of pages | 14 |
Publication status | Published - 30 Jun 2021 |
Case number
STR-21-732Case normative number
STR-21-732-CCCase type
Field CaseUpdate date
07/03/2023Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolKeywords
- Administration
- Strategy
- innovation
- management
- governance
Case studies discipline
- Strategy
- General Management
- Organizational Behavior
Case studies industry
- Manufacturing
- Retail Trade
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芮萌, & 冯小悌 (2021, Jun 30). 三全食品案例(A):家族企业治理:当战略转型遇上接班.