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The Vega Food Company

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by

Toma Ihetu

on 24 March 2015

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Transcript of The Vega Food Company

Introduction & Background
The Framework
Weaknesses
Effective Management
Strengths

Buy Sell Agreements in Place
Financial Consultant hired
Family members recommitted to the business
Transperency
Systems Theory in place
Featuring the Valle Family
Toma Ihetu
Alanood Dabbour
Saad Al Qasem
Yazeed AlRabiah
The Vega Food
Company

OTHER INEFFECTIVE ELEMENTS
Roles of the spouse (Isabel Valle)
Lack of Formality
Lack of communication
Lack of Transparency in finances
Unclear ownership structure

Lack of communication
Lack of transparency
No respect for organizational structure
Roles of spouse
- establishing a solid financial system.
- wisdom and influence. (Isabel).
- succession plan.
- respect
Strengths & Successes
- family meetings.
- non family talents.
- agility in problem solving.
- growth.
- unity.
CONCLUSION
Family Background
Organizational Structure
Initial Thoughts
Full transcript