Syndetics cover image
Image from Syndetics

H.O. Penn : 'managing by values' brought the company back, but now will it guide its growth? / Alexandra Barton-Sweeney, Joel Podolny, James N. Baron & Jaan Elias.

By: Contributor(s): Material type: TextSeries: Publisher: [London] : SAGE, 2016Description: 1 online resource : illustrations (black and white, and colour)Content type:
  • text
  • still image
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781473974159 (ebook) :
Subject(s): DDC classification:
  • 658.406 23
Online resources: In 1991, Tom Cleveland, CEO and owner of the Caterpillar dealership, H.O. Penn Machinery Company, found himself contemplating the sale of his poorly performing business, which had been in his family for nearly three decades. After he was unable to reach an agreement with a particular buyer, however, Cleveland re-committed himself to H.O. Penn, determined to turn around its fortunes. This study explains how Cleveland set about introducing a management system called 'Managing by Values', which would ultimately infuse explicitly stated values and goals into every facet of the company's operations.
No physical items for this record

Originally Published in: Barton-Sweeney, A., Podolny, J., Baron, J. N., & Elias, J. (2007). H.O. Penn: M̀anaging By Values' Brought the Company Back, But Now Will it Guide its Growth?. 07-013. New Haven, CT: Yale School of Management, Yale University.

In 1991, Tom Cleveland, CEO and owner of the Caterpillar dealership, H.O. Penn Machinery Company, found himself contemplating the sale of his poorly performing business, which had been in his family for nearly three decades. After he was unable to reach an agreement with a particular buyer, however, Cleveland re-committed himself to H.O. Penn, determined to turn around its fortunes. This study explains how Cleveland set about introducing a management system called 'Managing by Values', which would ultimately infuse explicitly stated values and goals into every facet of the company's operations.

Description based on online resource; title from home page (viewed on May 3, 2016).

Licensed e-book