Page 17 - Stakis A Case Study

University where he lectured on financial management.
Chisman expressed confidence that he would be able to use

his academic knowledge of the hotel industry and also

expressed the view that:

"Financial management has a lot of similarities whatever

the industry."

Chisman had been highly thought of at Underwoods where

his strengths were seen to be in business planning and

identifying markets. He was also thought to have the

firmness necessary to rein back on over enthusiasm by
colleagues, although he was considered to be more

optimistic than the average accountant, and to have a sense

of humour.

He said he was attracted to Stakis partly because of the size

of the company, its new products - the Country Court

concept and the nursing homes - and also for the

enthusiasm of Andros Stakis backed by the experience of

Sir Reo.

As regards the standing of the company, he said that he did
not think there was anything to be concerned about in the

rate of expansion but conceded that the company would be

advised to keep the City better informed than it had in the