Question: Caribbean Spices Ltd . faced severe internal conflict when the founder, Maria, retired. Her two children, David and Sophia, both wanted to be
Caribbean Spices Ltd faced severe internal conflict when the founder, Maria, retired. Her two children, David and Sophia, both wanted to be CEO, but had vastly different visions for the company's future. The business was stagnating due to unresolved disputes. To address this, they hired an independent consultant who helped them establish a formal family council, draft a family constitution outlining roles and decisionmaking processes, and facilitated open dialogue leading to Sophia taking the CEO role and David leading a new product development division.
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