Abstract
Dr. Daniel P. Kedzie's paper on Corporate Planning and the Holding Company I has some interesting management aspects. The central thrust of his paper centers around three major points: (1) insurance firms must be alert to new business ventures (e.g. mutual funds, real estate, computer and equipment leasing, savings and loan companies); (2) in taking advantage of new ventures, planning is an important concept; and (3) the holding company is of great value as a form of organization because of the benefits it provides in handling these new ventures. The author agrees strongly with these points. However, Dr. Kedzie seems to emphasize one major point-the importance of establishing a holding company. The major portion of his paper is devoted to the procedures employed in putting one together. This topic is well covered. Firms that feel they have reached the point of needing a holding company will find the paper interesting. Certain questions are left begging, however. For example, Dr. Kedzie points
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