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Succession Planning Case Study
Case Title:
Rupert Murdoch's News Corporation: The Succession Dilemmas
Publication Year : 2005
Authors: Sujatha Pampana
Industry: Entertainment
Region: US
Case Code: SUP0007C
Teaching Note: Available
Structured Assignment: Available
Abstract:
News Corporation, one of the world’s largest media conglomerates was founded by Rupert Murdoch (Murdoch) in the 1950s. After more than 50 years at the helm of affairs, Murdoch prepared to retire from the business by devolving the management of News Corporation to his elder son, Lachlan. However, Lachlan unexpectedly resigned from his post in the company in July 2003 citing personal reasons. This brought into light the speculations about who will eventually succeed Murdoch.
The case while highlighting the succession dilemma at News Corporation provides scope for discussion on the approach, Murdoch would follow in order to prevent the company from being taken over by an outsider.
Pedagogical Objectives:
- TTo discuss the succession dilemma at News Corporation
- To discuss how companies can plan succession dilemmas.
Keywords : News Corporation; Rupert Murdoch; Succession Planning Case Study; Succession dilemmas; human resource planning; leadership; management succession
Contents :
News Corporation : Rupert Murdoch’s Era
The Succession Dilemma: Who Next?
The road ahead