The case study describes a once successful 30-year old pharmaceutical company that has recently begun struggling under the leadership of the founder's two sons. In a board meeting, it was decided that the company would not be shut down, the sons would be removed, and a new CEO appointed with equal power to the chairman to report directly to him.

1. Case study
There was a well established Pharmaceuticals company XYZ Ltd. It was 30 years old company.
The Chairman of the company was a rich person and a true enterpeneur. 30 years ago the
Chairman started the company with a small factory got well established with the passage of
time.Today market price of shares of the company are touching the sky and company is having
good market reputation.
Chairman had 2 sons who were studying abroad in U.S.A. When the sons completed
their study,the Chairman called them home and they joined the company with different
departments under their control. The elder son was given the control of Finance,Quality Control
& Marketing department and younger son was given Procurement,Production & other deptt.
The company ran successfully for 1 year. After 1 year company started facing problems
and the condition became from bad to worst with the passing years. It's share price ahd gone
down to the lowest rate and the condition of liquidity came.
Then the board of directors called a meeting with the Chairman with his 2 sons. In the
meeting the question was raised whether to continue or shut down the company?
Decisions taken in the board meeting.
- It was decided that the company will not be closed.
- Chairman's both the sons will be removed from the company.
- A new Chief Executive will appointed, who will be the choice of the chairman with powers
at PAR with the Chairman.The will only report to chairman and no other person.
Q. :- Now consider yourself as the appointed executive. Frame out what policies you will make
for the company and management to bring back the company to its original position.?
Can any solve this case study for me