A. Exploration of Issues
A. 1. Merge Conditions
Although BRL and Hardy were in the same line of business and had many of the same goals, these two companies were not initially looking to merge with any other company. However, in June of 1992, BLR Hardy was formed. Unfortunately, the merger was the result of Hardy’s financial crisis and BRL’s need for expansion. These factors drove the two companies to make a decision they may not have made if they were not looking for help. Both companies entered the marriage hoping the other could solve the problem. Because high expectations were placed on the employees, workers began to work to keep their jobs rather than work to advance the company.
A. 2. Traditional vs. Modern
Starting with just one man in 1857, Hardy was a company with a long history and a traditional style. Having the “winemaking know-how”, this company prided itself in building relationships and maintaining quality first and foremost. On the other hand, BRL......
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Approximate Word Count: 312
Approximate Pages: 2 (260 words per double-spaced page) |