Abstract

The case “Investing for the Long Term: Six Generations and Going Strong - Wallenbergs of Sweden” talks about the functioning and management style of the Wallenberg family that controlled over 40% of the companies traded on the Swedish stock market. The case starts out by providing in detail the rise of the Wallenbergs to one of the foremost business dynasties in the world. It then documents how the Wallenbergs exercised control over their holding companies and the way they provided strategic direction. The case also briefly looks into the role played by outsiders in the family business. It concludes with an insight into the family’s succession planning.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Analyze the way the controlling family manages the family business
• Explore the investment strategy of a family business that takes a long-term perspective
• Recognize the role played by outsiders in a family business
• Understand how succession is planned in a family business

Keywords

Wallenbergs, Family Business, Controlling Family, Succession Planning, Investment Strategy, Role of Outsiders, Family Genogram, Next Generation, Family legacy, Dual Shares, Transition Management, Professional Management, Non-profit,Sweden,Mentoring