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Technology Park Company: harvesting the fruits of a family business
Author(s):
Ahmed Medhat El Tahan
:
Ahmed Moustafa Darwich
:
Ali Yehia Fouda
:
Ashraf Sheta
:
Farah Tarek El Misalami
:
Gamila Khaled Ibrahim
:
Industry:
Information Technology (IT)
Publication Date:
August 2019
Business Area:
Family Business
Abstract:
The case addresses Technology Park Company a privately-owned company working in the field of IT. The case starts with a background about the entrepreneur, and his journey to success. It moves through a timeline, which started in Cairo, then USA, and then back to Egypt again. The founding entrepreneur possesses a vast experience in the field of IT. However, he is faced with a lot challenges in his business due to the fast changes happening in the industry. Some of the major concerns related to the family business challenges are discussed, these include: succession, involvement of partners, and finally separation of management from ownership.
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