The United States had recently experienced a recession, and a credit analyst with Gift Card Capital Inc. (GCC) needed to financially evaluate two troubled restaurant chains. GCC's unusual business model involved offering capital financing in exchange for gift cards that GCC then offered to individual customers and third-party loyalty programs. The analyst needed to weigh the benefits of increasing the size and diversity of GCC's gift card portfolio against the estimated viability of any gift cards received. It was critical to determine whether the businesses could sustain operations for the gift certificates' redeemable time period—roughly up to five years. The analyst was unsure of what to do. Should he offer a cash advance to one, both, or neither of the firms? If he chose to extend a cash advance, how large should that advance be? What specific terms or conditions should be associated with any cash advance? How were the companies adapting to their financial situation and their past performance? How likely was it that either of the companies would become insolvent and shut down overnight?

In 2017, Advaith Group was an Indian conglomerate with interests in various businesses including chemicals, infrastructure, and engineering. An advisor to the corporate communications group was employed on a contractual basis. Each year at the time of his contract extension, organizational politics were played out around the decision to renew the contract. The advisor was very good at what he did, but his behaviour with colleagues left room for improvement. The head of human resources had his reasons to stall the extension of the advisor’s contract and tried different means to have his way, including sidelining him within the organization. A new recruit in corporate communications came into the company with hope and the ambition to be successful in the corporate world. However, she was unsure if she could achieve this goal under the current circumstances. The managing director was asked by the chairman of the group to decide on the extension of the advisor’s contract, but he had to look at all possible angles before doing so.

The case details the challenges of running a small manufacturing enterprise in India. The current operations at Mini Iron & Alloys Private Limited (MIA), which produced springs for rail wagons, were stable, and business had grown. However, the demand for springs was expected to increase with the Indian government’s announcement, in early 2019, to establish a rail freight corridor. The proprietor of MIA mused on the firm’s readiness to undertake the surge in demand. He also ruminated on the prudence of relying on a single customer in a captive market.

The head of the South African subsidiary of the US consulting firm McKinsey & Company (McKinsey), has to address the implications of the firm’s involvement in a corruption scandal. The South African office was implicated in a scandal involving its local partner, Trillian Capital Partners (PTY) Ltd. (Trillian), and Eskom, a South African state-owned enterprise (SOE). McKinsey was required to partner with a local company as a condition of any contract with a South African SOE. McKinsey took on Trillian as its local partner after Trillian was recommended by a former client. Trillian was, however, associated with the Guptas, a family that the South African Public Protector (an ombudsman) had accused of using its influence with the South African president, Jacob Zuma, and his family for corrupt activities. The partnership (first with a company named Regiments Capital (PTY) Ltd. [Regiments] and then, following restructuring, with Trillian) directly benefited the Gupta family. More than three years into the relationship, McKinsey claimed to have discovered that its partner was politically exposed and under investigation by the South African authorities. McKinsey’s new global managing partner attempted to limit the damage to the company’s reputation by issuing an apology. However, the South African public appeared skeptical about the apology, and questions remained regarding McKinsey’s integrity. The questions left unanswered included the following: Was Sneader’s apology enough to enable McKinsey to quell the attack on its reputation? Should McKinsey do more to enhance its standing within the South African business community, or should it accept that its reputation had suffered irreparable harm?

Spreadsheet to accompany product 9B20B007.

The case highlights how global dynamics impact both regional economic development and the organizational growth of a market-leading pork producer with a promising yet uncertain future. A key Western Canadian pork production industry stakeholder was tasked with assessing existing environmental complexities as well as global supply and demand factors in an effort to address changing consumer preferences. After determining that global factors could either support or limit further industry investment, the aforementioned stakeholder had to evaluate company resources and firm risks to identify the qualitative and quantitative factors that would influence two specific expansion opportunities and the associated income projections within the local industry.

While the practice of eating insects was still in its infancy in North America, Aspire Food Group (Aspire), with its Aketta cricket-protein products, was positioned for success in this emerging market. In 2018, having recently acquired Exo, a maker of cricket-based protein bars, Aspire's co-founders faced an important decision regarding the Aketta brand. While Aspire had experienced some success in marketing cricket powder, whole roasted crickets in popular chip flavours, and granola bites under the Aketta brand, the acquisition of Exo would enable the company to enter the protein bar category and possibly launch other product and brand extensions. As the founders devised a comprehensive marketing plan for the newly acquired brand, they needed to identify which consumer segments would be most receptive to Exo protein bars and most profitable.

In 2018, the chairman and managing director of Teckwah Industrial Corporation Ltd. (Teckwah), sat in his office, looking back on the company's journey. Starting in Singapore as a humble producer of plain packaging boxes, Teckwah had evolved to become a multinational company providing a full suite of supply chain management solutions for international clients. As the second-generation custodian, the chairman and managing director first joined in 1979 and had been steering the company through various stages of development, including diversifying its business offerings, undertaking an initial public offering, and eventually expanding overseas. However, Teckwah still faced growth challenges. The chairman and managing director was considering his retirement and the possibility of taking a lesser role in the company’s daily operations. With Teckwah's 50th anniversary near at hand, he pondered the dual challenges of business transformation and leadership succession.

On January 10, 2020, Samira Ahmed, a British Asian woman, won a landmark gender discrimination case against the British Broadcasting Corporation (BBC). Ahmed’s emphatic victory was a major setback for the BBC, which had been facing accusations of inequities since 2017, after it released the salary details of its top earners and a gender pay gap report showing major disparities in the way men and women were paid. Tony Hall, the BBC’s director general, had pledged to close the gender pay gap by 2020 or sooner, assuring that work was already underway. Was Hall heading in the right direction to crack down on gender inequality? What could Hall do to be at the forefront of change on gender equality?

The United States has had many problems coping with the coronavirus. A critical and underappreciated problem is bad data: Without good data, planners can't plan, epidemiologists can't model, policy makers can't make policy, and citizens don't trust what they're told. The U.S. needs a robust program, with professional management of the data supply chain, to develop trustworthy data about pandemics and other public health crises.

Public-listed Matex International Ltd, a Singapore-based specialty chemicals and dye manufacturer, was committed to spending up to 10% of its revenue on research and development (R&D), particularly in the area of developing cutting-edge dyes and dyeing processes that were more environmentally-friendly. This was in spite of the increasingly competitive macroeconomic environment and the long-term need to improve shareholder value. Matex Executive Director Dro Tan elaborated on how open innovation was a key part of the firm's corporate DNA. Moreover, innovation was not only a central component of Matex's unique selling proposition, but also its competitive strategy. Dro further shared that the company's R&D agenda was influenced by its clients' needs. It was also highlighted that the timing to launch a new product was very much determined by market conditions, and governments and the legislation they passed were a key driver. For instance, Matex's latest product Megapro ECO®, a revolutionary dye that did not require the use of any salt, would not have gained impetus for its launch, had it not been for the stricter environmental laws that were enacted by China, the world's largest textile export market, in 2015. The case examines how innovation is actually a process, and explores the way Matex weaved sustainability into its overall strategy using innovation as a vehicle.

The case describes what happened in December 2019 when Guo Meiling, the chairwoman of Beijing Century Galaxy Group, needed to decide whether she should invest in the RMB 50 million (US$7.1 million) deal of Yisheng Health. Yisheng Health consisted of two O2O platforms, Yisheng At-home and Yisheng Carefree. Guo Meiling has already invested RMB 60 million in the firm in 2016, and this will be the second round of investment. Century Galaxy Group is established in 1994 as a for-profit group. It mainly operates in the healthcare business, in two major sectors, industrial operations and investment. The group has invested in several companies, and is also actively involved in CSR initiatives that includes charity donation drives and volunteering activities. In addition, Guo is attracted to impact investing, hoping that she can integrate her sense of compassion into the healthcare business. Under her leadership, the group has reinterpreted 'natural wellness' and made several double bottom-line investments. Yisheng Health is one of them. Guo's decision to invest further depends on her views on social investment, especially on impact investing. To date, China has accumulated limited knowledge about impact investing, and domestic scholars has not yet published any related articles. If Century Galaxy were to attempt to conduct impact investing, what would be a good international standard to follow? How could this type of investment be integrated into healthcare to create synergy for Century Galaxy? From the perspective of impact investing, should Guo invest in Yisheng Health?

While the practice of eating insects was still in its infancy in North America, Aspire Food Group (Aspire), with its Aketta cricket-protein products, was positioned for success in this emerging market. In 2018, having recently acquired Exo, a maker of cricket-based protein bars, Aspire's co-founders faced an important decision regarding the Aketta brand. While Aspire had experienced some success in marketing cricket powder, whole roasted crickets in popular chip flavours, and granola bites under the Aketta brand, the acquisition of Exo would enable the company to enter the protein bar category and possibly launch other product and brand extensions. As the founders devised a comprehensive marketing plan for the newly acquired brand, they needed to identify which consumer segments would be most receptive to Exo protein bars and most profitable.

The case highlights how global dynamics impact both regional economic development and the organizational growth of a market-leading pork producer with a promising yet uncertain future. A key Western Canadian pork production industry stakeholder was tasked with assessing existing environmental complexities as well as global supply and demand factors in an effort to address changing consumer preferences. After determining that global factors could either support or limit further industry investment, the aforementioned stakeholder had to evaluate company resources and firm risks to identify the qualitative and quantitative factors that would influence two specific expansion opportunities and the associated income projections within the local industry.

On January 10, 2020, Samira Ahmed, a British Asian woman, won a landmark gender discrimination case against the British Broadcasting Corporation (BBC). Ahmed's emphatic victory was a major setback for the BBC, which had been facing accusations of inequities since 2017, after it released the salary details of its top earners and a gender pay gap report showing major disparities in the way men and women were paid. Tony Hall, the BBC's director general, had pledged to close the gender pay gap by 2020 or sooner, assuring that work was already underway. Was Hall heading in the right direction to crack down on gender inequality? What could Hall do to be at the forefront of change on gender equality?

In 2018, the chairman and managing director of Teckwah Industrial Corporation Ltd. (Teckwah), sat in his office, looking back on the company's journey. Starting in Singapore as a humble producer of plain packaging boxes, Teckwah had evolved to become a multinational company providing a full suite of supply chain management solutions for international clients. As the second-generation custodian, the chairman and managing director first joined in 1979 and had been steering the company through various stages of development, including diversifying its business offerings, undertaking an initial public offering, and eventually expanding overseas. However, Teckwah still faced growth challenges. The chairman and managing director was considering his retirement and the possibility of taking a lesser role in the company's daily operations. With Teckwah's 50th anniversary near at hand, he pondered the dual challenges of business transformation and leadership succession.

In the span of half a century, Singapore's healthcare system had undergone a major transformation along with the country's economic growth. From a developing nation plagued with tropical communicable diseases and malnutrition in the 1960s, Singapore had progressed significantly to become the second-healthiest country in Asia in 2019, according to Bloomberg. Successive reforms had enabled Singapore to transition from providing residents with basic healthcare services in the 1960s to service quality and cost-effectiveness in the 1980s. In the Healthcare 2020 Masterplan, the country prioritised improving accessibility, quality and affordability of public healthcare services to cater to the future needs of an ageing population with longer life expectancies and declining birth rate. To this end, data analytics could play a catalytic role in facilitating the successful implementation of the Masterplan, and by the late 2010s, several data analytics initiatives had been carried out by Singapore's restructured public hospitals. For example, in patient treatment and preventive care, data analytics was used to reduce waiting time for surgery patients, and to forecast diabetic patients at risk of developing serious medical complications respectively. Looking ahead, what would further propel the adoption of healthcare analytics in Singapore?

Modernization has changed the way economies are exposed to, respond to, and are affected by disasters. Changes to the drivers of economic growth, particularly the move to a knowledge-based economy, should make us more resilient and limit the long-term effects of COVID-19.

Government digitization has proven to benefit both citizens and public agencies. On the one hand, citizens are able to find a consistent interface and reliable information on a single site and are able to access streamlined digital government services. On the other hand, centralized digital platforms enable governments to enhance services, reduce costs, and improve citizens' quality of life. In addition, by centralizing infrastructure that all agencies can leverage rather than having departments independently build from scratch, a platform approach can dramatically reduce software spending and maintenance costs. A unified government platform helps build interdepartmental relationships, fosters a user-centric mindset within the government, and allows public entities to focus their teams on their core services (education, health, etc.) rather than on building individual digital presence. Peru, Mexico and Argentina have led the way in digital transformation in Latin America, and have been able to build and launch unified government websites in short timelines by leveraging a user-centric approach. It is important to note that all these teams first focused on the problem, not a technical solution. Building a unified government website was one of the mechanisms to address the problem and goals. In Mexico, led by Yolanda Martinez and Alejandra Lagunes Soto Ruíz, the goal was to build a new relationship between society and government, focusing on the experience of the citizen as a user of public services. In Argentina, led by Julian Rodriguez Orihuela, the goal was to inform and provide services to citizens. In Peru, led by Daniella Raffo, Heidi Uchiyama, and Zoila Palza, the goal was to bring the government closer to its citizens through innovation. It is important in all product development to first focus on the problem and the people, and then see where technology fits to solve the problem.