Buy here : http :// homework . plus / case-2-1-the-ceo-retires /
Buy here : http :// homework . plus / case-2-1-the-ceo-retires /
Case 2-1 THE CEO RETIRES *
Dan Murphy awoke at 5:45 a . m ., just like he did every workday morning . No matter that he went to sleep only four hours ago . The Orange Bowl game had gone late into the evening , and the New Year ' s Day party was so good , no one wanted to leave . At least Dan could awake easily this morning . Some of his guests had lost a little control celebrating the first day of the new year , and Dan was not a person who ever lost control .
The drive to the office was easier than most days . Perhaps there were a great many parties last night . All the better as it gave Dan time to think . The dawn of a new year , his last year . Dan would turn 65 next December , and the company had a mandatory retirement policy . A good idea he thought , to get new blood in the organization . At least that ' s what he thought on the climb up . From just another college graduate within the corporate staff , all the way to the chief executive officer ' s suite . It certainly is a magnificent view from the top .
To be CEO of his own company . Well , not really , as it was the stockholders ' company , but he had been CEO for the past eight years . Now he , too , must turn the reins over . “ Must ,” now that ' s the operative word . He knew it was the best thing for the company . Turnover kept middle management aggressive , but he also knew that he wouldn ' t leave if he had a choice . So Dan resolved to make his last year the company ' s best year ever .
It was that thought that kept his attention , yet the focus of consideration and related motivations supporting such a strategy changed as he continued to strategize . At first , Dan thought that it would be a fine way to give something back to a company that had given him so much . His 43 years with the company had given him challenges that filled his life with meaning and satisfaction , provided him with a good living , and made him a man respected and listened to in the business community . But the thought that the company was also forcing him to give all that up made his thoughts turn more inward .