Case analysis 
Case analysis：vector aeromotive corporation (evaluate the effectiveness of a board of directors and its actions)
John Pope, a member of the board of directors of Vector Aerarnotive Corporation, had a lot on his mind as he drove to his office, It was March 22, 1993, the day Vector's board had agreed to ask formally for the resignation of the company's president and founder, Gerald A, (Gerry) Wiegert, Gerry had already been informed that if he did not resign he would be fired, John hoped that Gerry would step down gracefully and not provoke a confrontation, Gerry had been the mastermind of the company for many years, but now John believed the board had little choice but to remove him because Vector was in a crisis. It was not able to pay either its employees or its payroll taxes; checks were bouncing; and outstanding accounts payable were being ignored, John and the other board members were convinced that the crisis was the result of Gerry's management style and excessive spending and that it was the board's moral and legal obligation to the shareholders to remove Gerry as president.
When John reached vector headquarters, however, he was greeted by armed guards barring entry to the building, His efforts to enter the building through a rear entrance were futile because all the, locks had been changed, Gerry had barricaded himself inside. Cleanly this was not going to be an amicable management succession process. Gerry Wiegert had declared war.
VECTOR AND THE EXOTIC SPORTS CAR INDUSTRY
Vector Aeromotive Corporation (hereafter Vector) designed, manufactured, and sold exotic sports cars. Cars are defined as exotic by their price range ($150,000-$500,000), their speed (in excess of 160 mph), their driving performance, their technologically superior, high performance components, their extensive use of hand manufacturing, and their appearance, Exotic sports cars are offered to a select, wealthy clientele. Vector management estimated the total worldwide market for erotic
John Pope, a member of the board of directors of Vector Aerarnotive Corporation, had a lot on his mind as he drove to his office, It was March 22, 1993, the day Vector's board had agreed to ask formally for the resignation of the company's president and founder, Gerald A, (Gerry) Wiegert, Gerry had already been informed that if he did not resign he would be fired, John hoped that Gerry would step down gracefully and not provoke a confrontation, Gerry had been the mastermind of the company for many years, but now John believed the board had little choice but to remove him because Vector was in a crisis. It was not able to pay either its employees or its payroll taxes; checks were bouncing; and outstanding accounts payable were being ignored, John and the other board members were convinced that the crisis was the result of Gerry's management style and excessive spending and that it was the board's moral and legal obligation to the shareholders to remove Gerry as president.
When John reached vector headquarters, however, he was greeted by armed guards barring entry to the building, His efforts to enter the building through a rear entrance were futile because all the, locks had been changed, Gerry had barricaded himself inside. Cleanly this was not going to be an amicable management succession process. Gerry Wiegert had declared war.
VECTOR AND THE EXOTIC SPORTS CAR INDUSTRY
Vector Aeromotive Corporation (hereafter Vector) designed, manufactured, and sold exotic sports cars. Cars are defined as exotic by their price range ($150,000-$500,000), their speed (in excess of 160 mph), their driving performance, their technologically superior, high performance components, their extensive use of hand manufacturing, and their appearance, Exotic sports cars are offered to a select, wealthy clientele. Vector management estimated the total worldwide market for erotic