MBA 633 Case 5

MBA 633 Case 5 - 633 Case 5 Description Lenn Width had been...

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633 Case 5 Description Lenn Width had been with the Golden Years Investment Club for 34 years and was the informal leader of the club. He made most of the decisions and most members support him because of his successful past performance. In 1991 David Korn joined the club and challenged Width’s leadership by questioning Width’s decisions and providing research to support a different path for the investment club. Width responded with secret meetings to establish and alliance of members who soon voted David Korn out of the club. Diagnosis The basic problem in this case is that two respectable members of an investment club had very different goals, but they never discussed those goals privately. This may have been due to the generational gap between David and Lenn. David was a new, young, and knowledgeable investor who had great ideas, but was outspoken and perhaps disrespectful. It also appears that most members of the club were not serious about investing like David. It seems like
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This note was uploaded on 11/13/2011 for the course MBA 633 taught by Professor Thomas during the Spring '09 term at Bellevue.

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MBA 633 Case 5 - 633 Case 5 Description Lenn Width had been...

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