Following the acquisition of Greyhound USA Laidlaw was, Inc. is the premier provider of intercity transit in North America. Nine months later, the board asked its Laidlaw CEO to resign, citing performance issues and the need to divest certain operations to strengthen its balance sheet. This case examines Laidlaw attempts to enter and consolidate selected transport service industry. Something went wrong and the search for the reasons pushes to basic questions connected … Read more »

Following the acquisition of Greyhound USA Laidlaw was, Inc. is the premier provider of intercity transit in North America. Nine months later, the board asked its Laidlaw CEO to resign, citing performance issues and the need to divest certain operations to strengthen its balance sheet. This case examines Laidlaw attempts to enter and consolidate selected transport service industry. Something went wrong and the search for the reasons pushes to fundamental problems associated with growth through acquisitions and the management of (probably) several companies. This requires a discussion of whether the CEO’s strategy was reasonable or absolutely wrong, and whether something could have been done earlier by the Managing Director or the Board, and if so, why action was not taken, and finally the prospects for Laidlaw as it looks.
«Hide

from
Joseph N. Fry
Source: Ivey Publishing
12 pages.
Publication Date: Aug 15, 2000. Prod #: 900M17-PDF-ENG
Laidlaw: The resignation of James R. Bullock HBR case solution

[related_post themes="flat"]