Tags: captive resources, Group Captives, Sandra Duncan, Successful Captives
Member-owned group captives, whether heterogeneous or homogeneous, are comprised of diverse companies, both large and small, publicly and privately owned, and with varying operating structures, corporate cultures, products and services, goals, priorities, etc. How is it possible to achieve cohesiveness in a group captive whose many owners seemingly have little in common, and are focused on the successful operation of their own respective companies? It is when the captive is faced with challenges, some inherent in its business model, that commitment and resolve can be tested. The ability to work together to reach a consensus on how best to address each challenge, then becomes critical to the long-term viability of the captive.