A ranching family, owner of the Fiddler Livestock Company, faces an important decision. A loan was coming due and to convince the banks to refinance the loan, the family needed to bring in substantially more money, and quickly. Its revenue-increasing options included opening an endangered species reserve, leasing ranch land for oil drilling, or expanding livestock production. The fate of the ranch and its operations moving forward rested in the hands of this full family council, spanning three generations, now present in the cookhouse. Without a consensus, the Fiddler Livestock Company, along with the family relationships, was in danger of being destroyed.
Darden Business Publishing – University of Virginia