Not unlike a poker game, in business, it’s important to know when to hold ’em and when to fold ‘em. Most corporate Chairmen know when it’s time to leave, though a handful, such as founder-billionaire Sumner Redstone, sometimes overstay their welcome. Mr. Redstone’s tough lessons, learned late in life, have been on full display while company control issues have slowly been sorted out. This research paper covers the case study of Summer Redstone to explain when is the right time to fold your cards.
