Ivey Business School (Canada)
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Siyuan Energy and the Frequent Departure of Executives
Xingshan Zheng; Paul W. BeamishCase IVEY-W32454-ELeadership and People ManagementThe president of Siyuan Energy (Siyuan) faced the long-standing problem of a very high rate of top management turnover. By 2019, Siyuan had grown to five hundred employees and ¥170 million in revenue; however, over the past decade, the turnover rate of executives had grown dramatically. Few of the externally hired executives lasted even a year, and now a number of long-time internal executives were also leaving. Morale was declining at the same t...Starting at €8.20