PHASE 1
Hi guys, here is my narrative for phase 1. Cheers!
HEW Kabel
Introduction
Introduction
Heinz
Eilentropp finished his studies at RWTH in Aachen, Germany. He graduated as a ‘Diplomingenieur’,
graduate engineer in machine engineering, which was one of the highest degrees
one could achieve during this time. RWTH was one of the best universities for
technologies and engineering programs, still today its reputation is excellent.
While
studying he faced some struggles and generally spoken had not an easy time. His
father who worked as a jailer was never close to Heinz. In fact the two of them
had a really bad relationship, above that the marriage of his father and mother
was difficult. Due to a combination of all these factors, he decided to leave
home at the age of 16. The older brother of Heinz called Joseph, was 10 years
older had been recruited and served as a soldier in World War II. As soon as
Heinz matured he decided to study machine engineering. During his studies in
Aachen Heinz had no financial support at all; he was completely on his own. This
is why he had to work and earn some money himself, besides his challenging
studies in engineering. He worked as firemen in a steam locomotive, where his
task was to ensure the fire keeps burning in order that the steam engine could
run. Quite often he worked in the night in order to manage the immense workload
of his studies.
Even though
he faced a difficult and hard time, he successfully finished his studies. The
overall experience in Aachen made him even stronger, he was very ambitious,
diligent and hard working. For approximately 15 years he worked for several
different companies in the cable industry. Owing to a job offer from a local
cable company, he moved to Wipperfürth, a small town in Germany with roughly
30,000 inhabitants. After some years of living there, he then got married to
Renate, who came originally from Wipperfürth. This marriage was childless and they
divorced after a couple of years. Heinz founded HEW Kabel his own cable company
in 1964, at the age of 38. He married Friedericke who already had two children,
Thomas and Ute from her first marriage. Throughout the years Heinz and
Friedericke got 3 own children, Anna, Marie and Maximilian. The latter were
twins.
Due to
personal reasons, constraints and potential harm all of the names, except the
one of Heinz Eilentropp have been changed.
History
Heinz
founded HEW Kabel, a German company that produces high-temperature electric
wires, in 1964. His inspiration and goal was to design and produce solutions
that meet special customer requests. This customer oriented approach lead to
individual, high-technological, high quality and innovative products. Often he
managed to encounter the spirit of the age and beyond that created new trends.
The first
products were mainly cables and lines for manufacturer of household appliances,
control technique, coaxial cables for broadcast and TV applications, and last
but not least heating cables to heat water pipes, in-floor heating or such systems
that required protection against the cold. Throughout the years the product
range developed and changed to a huge extent. The main focus had been put on
special cables among others for atomic power plants, medical engineering and
last but not least the automobile industry. What made HEW’s products
outstanding and separated the company itself from competitors was the fact the
cables were heat-resistant, stable and simultaneously still flexible. In total
the company owned more than 30 patents, which indicates the enormous amount of
specialization.
Key roles
Heinz was
the founder, CEO and owner of HEW Kabel. He ran the business for more than 30
years, managed together with his employees to continuously develop the company
and expand its field of application, product range and customer base. Due to a
constant growth he implemented HEW Kabel as the market leader, in particular
for customised, special solutions in Germany.
Friedericke, she worked in the beginning of HEW Kabel at the office of
the company. However, after giving birth two her first child of Heinz, Anna,
she concentrated on raising the children, organizing and managing the
household.
Anna (29), the oldest child of Heinz, was married to Constantin and had
two children. She completed her apprenticeship in bookkeeping, which she did at
her father’s company. Afterwards, she left the company and raised her children.
Constantin Anna’s husband worked as a CEO and salesman for a local
company. Before this he worked in sales and account management of a bank. Several
years later, he bought and took over an electro-technical company that has been
founded in 1964.
Marie (21) did an apprenticeship as office administrator at a local car
dealer. She married her husband Florian and got two children as well. Florian
operated in the financial, consulting and banking business.
The last child, Maximilian (21) completed an apprenticeship as a cutting
machine operator at a medium-sized electro company located in Wipperfürth as
well. Afterwards he worked in Switzerland in the technological field. He was
the only one of Heinz’s children who had a technological background. Max was
neither married nor he had children.
Each of the three children owns 7.5% shares of HEW Kabel. Possible
reasons for doing so might be to circumvent tax payments.
Thomas and Ute the children of Friedericke’s first marriage who had been
adopted by Heinz, did not own any company shares. Instead both of them received
a house as well as a financial compensation.
Dieter, who occupied the director role in the company, was responsible
for the technical processes. He worked for the company from the beginning on,
was highly trustworthy and loyal. Dieter and Heinz became close friends over
the years nearly on a daily basis the two of them enjoyed an after-work beer.
Michael was the chief engineer who also worked for HEW Kabel for more
than 20 years. He was in charge of the development department.
Family dynamics
What
does the terminology ‘family’ mean and indicate? In literature researchers came
across several definitions, the most common one says, “family includes one’s family
of origin (parents and siblings) in addition to spouse and children”
(Rothausen, 1999). Regarding our case, we have Friedericke and Heinz, the
parents, their three children Anna, Marie and Maximilian as the main roles.
Their husbands Constantin and Florian as well as their children belong to the
family as well. In this section however we concentrate on the closest family
members and their relationship.
Heinz Eilentropp the founder, CEO and owner
of HEW Kabel was a hard working, diligent, businessman, and a real entrepreneur
who understood to continuously develop his company. He focused on his employees
and gave them the possibility as well as power to take their own decisions. By
doing so he encouraged his stuff, gave meaning and importance to them. Frequently
in family businesses the performance of employees who are direct family members
is misinterpreted. A mistake in judgment and perception takes place. Moreover a
company’s strategic assessment and decision-making are enormously influenced by
a single manager. If one person makes decisions, the probability that this
individual is biased, does a mistake or simply oversees important facts is
relatively high. Therefore other members, either from the family or employees
should be enabled to contribute in the decision-making processes (Ling, 2012).
Coming to Heinz one has to mention that he
always focused on his employees, respected them, trusted them without
limitation, asked for their advice and took their opinions as well as
suggestions deeply into consideration. He had really good and close
relationships with his employees, more than once it was even friendship.
Unfortunately with his children it was rather the opposite. He became a father
when he was approximately 45 years old, which was quite late. HEW Kabel was
treated like a child and was Heinz’s center of attention. The consequences for
his real children however were severe. None of them was encouraged to study at
a university to get a degree and more important to receive the knowledge needed
to successfully run the family business. However, Heinz was never convinced
that his own children were capable of running the business. He constantly gave
them the impression and feeling of not being good enough, which led to the
consequence that none of them planned to work for HEW Kabel, at least not with
the father still managing and operating the company.
No comments:
Post a Comment