Action steps for African Business Schools
2011-05-24 13:56:36 UTC
Case Study: Massmart beyond Mark Lamberti
Title
Massmart beyond Mark Lamberti
Author
Duffy, N; Dorfling, T; Beswick, C
Pages
24
Product Type
Reference #
305-423-1
Teaching Note
not available
Institute
Setting
Johannesburg
Year
2005
Keywords
Leadership; Succession planning; Corporate entrepreneurship
Summary/
Abstract
Abstract
Under Mark Lamberti’s leadership, mass retailer, Massmart’s turnover had exceeded 20 billion rand in turnover for the first time in its history in 2004. It had a watershed year in terms of numbers as no mass merchant in the history of South Africa had achieved the return on sales that Massmart had in that year. Lamberti had been at the helm of Massmart since he founded the company in 1990. But now, bearing in mind his desire not to renew his employment contract as Chief Executive Officer when it expired in 2007, Lamberti was concerned about how to facilitate a seamless leadership transition while retaining the talent and maintaining the motivation of his exceptional management team.
The Impact of AABS Video
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Reports on the AABS Members Meeting 2011 and Responsible Management in Africa Conference 2011
