From Swords to Ploughshares

From Swords to Ploughshares - From Swords to Ploughshares 1...

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From Swords to Ploughshares 1 From Swords to Ploughshares: The Family Conflicts, Transition, and Connection Brenda Hawkins Strayer University Dr. Dwight Heaster Business Administration
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From Swords to Ploughshares 2 Abstract This paper describes how successful Meritex Enterprises, Inc. has been at recognizing and satisfying stakeholder interests; the mechanisms available in managing relationships with stakeholders to influence the strategic direction and performance of the company; why the board of directors for Space Center Enterprises was or was not successful in fulfilling its governance role and in meeting the challenges it faced; and why Harry “Paddy” McNeely III, was or was not, qualified to fill in his father’s footsteps as CEO of the newly-merged Meritex organization, based on strategic leadership roles. Meritex Enterprises Inc. was successful recognizing and satisfying stakeholders (2010) interests in the company by diversifying into three core businesses involving warehousing, third-party logistics, and facilities modernization. The mechanisms available to senior leadership were the diversification strategies to expand business. The newly elected CEO and Chairman, Paddy McNeely’s implementation of the related diversification strategy enabled him to restructure the company, by negotiating buyout of the management company, Space Center Enterprises. Space Center Enterprises was success in fulfilling its governance role by electing Harry “Paddy” McNeely III, to the most important position in the company, the Chief Executive Officer (CEO) and resolving stakeholder conflicts. Initially, Paddy wasn’t qualified to fill his father’s footsteps because he did not have the experience in strategically leading a company. However, through his perseverance and strategic leadership he became the successful Chief Executive Officer of Meritex Enterprises, Inc., and turned around the family business from a turmoil situation into one of the best family-owned businesses in the nation.
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From Swords to Ploughshares 3 Describe how successful the business has been at recognizing and satisfying stakeholder interests. From sword to ploughshares is about an American family who believed in the American Dream, if a person work hard and dedicates himself to accomplish his or her set goals they can reach the stars. The McNeelys were the epitome of the American dream, an immigrant family
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From Swords to Ploughshares - From Swords to Ploughshares 1...

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