This is a brief story about business challenges and different ways to develop solutions.
Ms. Smith has recently been promoted to lead her family-owned, West Michigan based company. She grew up in the company before attending an undergrad program and completing her MBA. The leadership team is well established and talented with deep industry experience.
Widget Corp. was founded by her grandfather several decades ago. They manufacture components and sub-assemblies for the automotive industry. The company is financially solid with a backlog of contracts extending over the next two years. Business is good, but there is a lot to worry about for Ms. Smith and her leadership team. (more…)