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Scenario 2 I George Scholle, founder of a successful chain of restaurants, has retired from his position as CEO, somewhat unexpectedly. Let's just say he
Scenario 2 I George Scholle, founder of a successful chain of restaurants, has retired from his position as CEO, somewhat unexpectedly. Let's just say he has moved off the grid, and has no mobile service or internet. George was the sole owner of the company's stock and was known for being authoritarian. He personally made most of the company's personnel decisions. He also made the decisions on menus, suppliers, and marketing. Employees throughout the firm are paid fixed salaries and were closely monitored by George. George's daughter, Lydia, spent her youth engaging in "gap years," exploring the world. She spent little time working with her father in the restaurant business. Nonetheless, Lydia is intelligent and recently earned a graduate degree. Lydia has decided to follow her father's earlier path, and has assigned herself a role in upper management. What advice RELATED TO OUR FRAMEWORK do you wish to give Lydia? 17
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