Double Us Leather Company (Pte) Ltd is currently facing a significant knowledge gap.
It is known that the company is not well-managed by the current management team due to the lack of know-hows and knowledge. However, this was not an issue before 2021 when the old management team, who were previously the owners of the company, was leading. Therefore, this study aims to describe how the old management, mainly made up of owners with entrepreneurship mindset, and the current management team, which makes up of a team of professional managers with multinational corporation (MNC) experience, work on major issues and identify areas for improvement.

In this context, the key difference between entrepreneur and manager is their
role in the organization. As mentioned earlier, entrepreneur refers to the owner of the
company, who is a risk taker and is responsible for the financial and risk management.
On the other hand, a manager is an employee of the company, responsible for the
management and administration of various departments within the organization.
Manager’s day-to-day job is to manage the employees and ensure the organization runs smoothly.

To test the hypothesis that the entrepreneur has led the company into a
successful business, financial data from the ERP system before and after the acquisition has been generated. The financial data and a survey were distributed to employees, who have worked for more than 10 years and work closely with both management team. Responses were analyzed quantitatively through the data collection and qualitative on views and personal perspective. Surprisingly, the results differ slightly from the hypothesis statement, indicating that a successful business should not only focus on achievements and profits, managing people with warmth and empathy are also important contributing factors.

Double Us Leather Company (Pte) Ltd is currently facing a significant knowledge gap.
It is known that the company is not well-managed by the current management team due to the lack of know-hows and knowledge. However, this was not an issue before 2021 when the old management team, who were previously the owners of the company, was leading. Therefore, this study aims to describe how the old management, mainly made up of owners with entrepreneurship mindset, and the current management team, which makes up of a team of professional managers with multinational corporation (MNC) experience, work on major issues and identify areas for improvement.

In this context, the key difference between entrepreneur and manager is their
role in the organization. As mentioned earlier, entrepreneur refers to the owner of the
company, who is a risk taker and is responsible for the financial and risk management.
On the other hand, a manager is an employee of the company, responsible for the
management and administration of various departments within the organization.
Manager’s day-to-day job is to manage the employees and ensure the organization runs smoothly.

To test the hypothesis that the entrepreneur has led the company into a
successful business, financial data from the ERP system before and after the acquisition has been generated. The financial data and a survey were distributed to employees, who have worked for more than 10 years and work closely with both management team. Responses were analyzed quantitatively through the data collection and qualitative on views and personal perspective. Surprisingly, the results differ slightly from the hypothesis statement, indicating that a successful business should not only focus on achievements and profits, managing people with warmth and empathy are also important contributing factors.

Reference
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Janse, B. (2019, January 01). CAGE Distance Framework. Retrieved from
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The Walt Disney Company (2020, October 12). The Walt Disney Company
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