Abstract
Looking back at five years of losses, Rivka Belzer, a newly minted MBA, steps into her family owned business with their mandate to turn it around or close it. In her first six months, she has made a number of changes, with mixed results, but is beginning to show a profit. Many strategic, organizational, marketing, control, and operational decisions lie ahead as she plans for the next year and tries to manage a difficult board of directors in the challenging entertainment industry.
Keywords: entrepreneurship;
entrepreneurs;
entrepreneurial management;
crisis management;
family business;
turnarounds;
financial crisis;
boards of directors;
operations management;
strategy implementation;
career planning;
Entrepreneurship;
Entertainment and Recreation Industry;
United States;
Citation:
Hamermesh, Richard G., and Jim Sharpe. "Lyric Dinner Theater (A)." Harvard Business School Case 813-043, July 2012.