After a year of searching, Paul Thomson has reached its own target company. Walker has facilitated the previous owner transition, but remains involved in the company and employees are looking for leadership Paul. He immediately takes steps to build morale, replace poorly in the “source” field, wage cuts and expenses. In a paper closes examination discovered a $ 600k Thomson problem that wipes out its contingency fund. It is about the fact that they returned to affected hi … Read more »

After a year of searching, Paul Thomson has reached its own target company. Walker has facilitated the previous owner transition, but remains involved in the company and employees are looking for leadership Paul. He immediately takes steps to build morale, replace poorly in the “source” field, wage cuts and expenses. In a paper closes examination discovered a $ 600k Thomson problem that wipes out its contingency fund. It is about the fact that it relates back to his investors to finance a build up of reserves so early in his tenure. If he plans to live cash flow, its growth targets will be delayed and it may lose some recently hired revenue “producers”. He has also been approached about selling the company for $ 4 million, which could result in a good return for investors and for him personally.
Since I just purchased insurance Walker, Paul Thomson is to support growth itself short of cash to his original plan. He can additional funding from its investor group crouch to request and grow more slowly or to consider a proposal to buy his business. The transition from the old owner has been completed and he has taken steps to virtualize again made the company under his leadership.
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from
Michael J. Roberts,
James M. Sharpe,
Sonia Chang Nagala
Source: Harvard Business School
16 pages.
Release Date: 14 August 2012. Prod #: 813 057 PDF-ENG
Paul Thomson: Walker Insurance HBR case solution