Amazing story - shows the importance of succession planning - worked for a family-owned company but the apples did not fall close to the tree - the sons and daughters could not match the father.
Like what happened to Wang.
Today they are technically bankrupt and reluctantly handed over control to seasoned management and they are spinning out parts of the company to raise capital to save the core business.
Like what happened to Wang.
Today they are technically bankrupt and reluctantly handed over control to seasoned management and they are spinning out parts of the company to raise capital to save the core business.