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Sabena Belgian World Airlines
內容大綱
Describes the situation Pierre Godfroid encountered when he took over as Sabena's CEO in 1991. At that time, Sabena was facing imminent bankruptcy. On the strength of a restructuring plan, developed by Godfroid and his staff, the Belgian government had agreed to bail out the airline in return for assurances that this would be the last time government assistance would be requested. Godfroid's task was to transform the company into a viable private enterprise. Provides the opportunity to evaluate the viability of Godfroid's strategy. Sets the stage for a sequence of supplemental cases dealing with the implementation of the strategy.