“We have made significant progress in the restructuring of the Group in the current cycle of change” announced the homepage of Jardine Matheson & Co. ‘s web site. Percy Weatherall, the newly appointed managing director of the company, knew only too well to change. In his previous position as Chief Executive of Hongkong Land Holdings, holds a core Jardines, Weatherall had successfully navigated through the Asian financial crisis and the downturn Hong Kong and leased assets that followed. But these chang … Read more »

“We have made significant progress in the restructuring of the Group in the current cycle of change” announced the homepage of Jardine Matheson & Co. ‘s web site. Percy Weatherall, the newly appointed managing director of the company, knew only too well to change. In his previous position as Chief Executive of Hongkong Land Holdings, holds a core Jardines, Weatherall had successfully navigated through the Asian financial crisis and the downturn Hong Kong and leased assets that followed. But these changes pale in comparison to the challenge of developing an e-commerce strategy for Jardine Matheson, a group with a complicated entanglements of minority interests and various subsidiaries and associated companies with more than 160,000 people worldwide. Of the 48th Floor of Jardine House in Hong Kong, Weatherall and about 100 of his colleagues Jardine Matheson Ltd. provided leadership, direction, planning, budgeting and financial resources to the decentralized subsidiaries around the world. The obvious question was how a 168-year-old multinational company could move with commercial interests in more than 30 countries fast enough to stake his claim in the electronic field.
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from
F. Warren McFarlan,
Melissa Dailey,
Fred Jung
Source: Harvard Business School
16 pages.
Publication Date: Sep 22, 2000. Prod #: 301045-PDF-ENG
Jardines: Tapping the Asian e-commerce market HBR case solution