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This case teaches key success factors for both startups and established medtech firms. It examines how to structure a firm to maximize financial returns. Medtech entrepreneur Duke Rohlen is proposing a new model for innovation and business growth. From 2007 to 2019, Rohlen sold four medical technology (medtech) companies, all of which were acquired at significant multiples of the capital invested. While the average medtech startup exited 8.6 years after starting, Rohlen's companies had an average time to exit of 40 months. Rohlen then saw that the companies acquiring his startups were sold to larger firms, in short time spans after the initial sale, at prices significantly higher than their pre-acquisition value. Rohlen observed how much value his companies had created for others after he sold them: $1.5 billion for Covidien (after sale of FoxHollow to ev3), $1.1 billion for Philips (after sale of CVI's Stellarex from Covidien to Spectranetics), and $280 million for Stryker (after sale of Spirox to Entellus), for a total of about $2.9 billion. Rohlen wondered how he could still create innovative new products yet capture a higher portion of the financial returns. He proposed a new model for innovation and business growth, called the Chassis and Growth Drivers model. Partnering with major private equity firms Hellman & Friedman and Kohlberg Kravis Roberts & Company (KKR), Rohlen's firm Ajax Health plans to invest $1.3 billion to prove the model's viability. For $1 billion, they're submitting a bid to buy Cordis, a maker of medical devices for cardiovascular and endovascular procedures. Cordis was formerly a standalone business before it was bought by Johnson & Johnson and then its current owner and seller, Cardinal Health. If their bid is successful, they will invest an additional $300 million to fund an off-balance sheet accelerator, which will develop innovative new products that will drive revenue growth for Cordis.

Digital technologies have become omnipresent in our professional and personal lives. While they provide numerous opportunities, they also cause tensions, many of which are paradoxical. They confront us with conflicting yet synergetic and interdependent alternatives that persist over time - such as benefiting from the increasing availability and access to information at the risk of information overload and technostress. Thus far, we know little about the specific paradoxes caused by digital technologies in the workplace and how managers perceive and cope with them. This article offers a comprehensive perspective on the multiplicity and interrelatedness of paradoxes in the digital white- collar workplace and suggests how managers can develop effective coping mechanisms for convergent change and transforming work practices in paradoxical environments.

Increased use of digital collaboration tools are making employee contributions more visible within their organizations and connecting them with wider networks both of which can provide them with more options for career growth. The authors researched the effects of increased visibility into individual performance and found evidence that it leads to increased mobility. That means managers need to worry about retaining not only their stars, but also their A-/B+ talent.

In January 2018, an account manager at a Canadian advertising agency was tasked with making a recommendation regarding a potential workplace safety marketing campaign in Manitoba, Canada, that aimed to lower the number of work-related injuries and deaths. The account manager had previously been involved with a 2016 advertising campaign that had used an innovative approach to expose the attitudes and opinions that young people had about workplace safety. Cleverly utilized hidden-camera footage of inexperienced young people eagerly agreeing to dangerous working practices caught the attention of the public and media, and ultimately helped raise awareness and reduce workplace injuries in Manitoba. The account manager felt strongly that more needed to be done to improve workplace safety, but he needed to analyze the 2016 results to determine whether a new marketing campaign was the best solution. He would be working with and ultimately pitching his recommendation to a multi-faceted team made up of members who each had a stake in improving workplace safety in Manitoba. With the team already formed and time of the essence, he knew he must analyze and address the potential opportunities of a behavioural marketing campaign in order to make a recommendation on a course of action that could potentially save young Manitobans' lives.

Can an online, direct-to-consumer pharmacy both improve the quality and speed of care for patients who need branded drugs and stabilize profits for pharmaceutical manufacturers? UpScript, after years spent achieving legal and regulatory compliance and simultaneous technological innovation has developed a direct-to-consumer (DTC) channel that could upend the standard model of pharmaceutical insurance and pharmacy benefit manager channels that dominate the industry. But UpScript's reliance on self-investment constrains it from access to the capital it now needs to grow and remain at the forefront of its ability to provide pharma with this sales channel. With whom should UpScript invest to maintain growth and market leadership? And as it grows, how will UpScript be challenged by the deeply entrenched pharmacy benefit managers that currently cover most American lives? And how does UpScript stay ahead of the other online pharmacies or telehealth businesses offering a DTC sales channel, mostly for lifestyle generic drugs? This case is suitable both as a general business case for undergraduate and MBA students of any level, focused on strategy, entrepreneurship, DTC pharmaceutical strategies, the pharmaceutical sector, regulation of pharmaceutical marketing and advertising, pharmaceutical benefit managers, and the healthcare industry.

In the fall of 2022, boot maker UGG and its parent company, Deckers, were working to position the brand in the nascent but fast growing metaverse. The metaverse, the online realm that individual users could navigate as digital avatars, was becoming more commercialized, as a range of brands started offering digital products for sale to users. Given the importance of how physical UGGs felt on wearers feet, how should the company think about its metaverse operations?

Every Harvard Business School first-year student enrolls in "The Entrepreneurial Manager," a course that focuses on leadership in entrepreneurial settings. This document outlines the course's goals and approach.

The case presents the founding vision and early days of a young startup that seeks to empower delivery drivers with tools and transparency. The company's flagship mobile app has been taken up by tens of thousands of delivery drivers across major U.S. cities who use it as a single-point to accept or reject gigs from multiple sources and map their routes. At the same time, the app has sparked the ire of major delivery services, who are concerned Para disintermediates drivers from their platforms. Para's founders look to the future and believe that there is a win-win outcome.

This note explores the emerging multi-billion dollars commerce trend of livestream commerce. Livestream commerce is the sale of goods or services directly to consumers via live shows on digital platforms (such as social media or e-commerce platforms). It is a form of social commerce in which consumers engage with real-time videos to complete transactions. Livestream commerce was especially popular in China, where gross merchandise value through this channel reached $316 billion USD. In the rest of the world, livestream commerce had mixed success, and has not gained traction in Europe and North America. The note explores the 3 top livestream commerce in China - Taobao Live, Douyin, and Kuaishou, to learn about the phenomenon and explore the success of livestream commerce in the future. In particular, the note allows for discussion of the following questions: How should a platform develop a sustainable business model in livestream commerce? What would it take for any of these platforms to come out on top of the competition? Are social media or e-commerce platforms better positioned to win in this market? Was the boom in China's livestream commerce replicable in other countries? Why hasn't livestream commerce gained traction in Europe and North America? Was it just a matter of time, or are there inherent factors that impede on the success of this shopping format?

Using the example of a matrix implementation at Atrium Health, the authors discuss the challenges that emerge when an organization moves to a matrix reporting structure that is, when employees shift from straight-line reporting to having two bosses, and when leaders' reports also report to someone else. They describe the four elements that make up a well-functioning matrix model, best practices for creating balance among those elements, and the mindset and skills leaders need to thrive.

In fall 2021, André Bolduc was contemplating retirement and passing down his maple syrup farm, or "sugar bush," to his children. David Bolduc, the youngest in the family of three siblings, was the only family member who wanted to continue the generational tradition of the family's maple sugar farm, which was located in Saint-Jacques-de-Leeds, a municipality close to Montreal and Quebec City. David and his wife had three children under the age of ten. David was evaluating the option of expanding the family's maple syrup business in order to reach greater profits from production so that he could continue his family's traditional legacy and also be able to support his family. While the 2021 maple syrup season was over, David would have to make a decision well before spring 2022.

On June 25, 2021, Professor Pratik Modi, chairperson of the postgraduate program at the Institute of Rural Management Anand (IRMA), attended a meeting with the director and chairpersons of different academic areas and programs, where it was decided that the upper limit on the number of elective courses offered by each area should be done away with, considering the requirements of students and faculty members. Although the decision to remove the upper limit seemed to be beneficial to all parties, it would pose a challenge in terms of scheduling classes, given the number of constraints involved. Modi was determined that a solution could be found using the tools and techniques of operations research, which was taught as one of the core subjects at IRMA.

Spreadsheet Supplement for Case W27140

Spreadsheet supplement for case A00426.

In July 2022, a portfolio manager for an investment company was considering adding the Coca-Cola Company (Coca-Cola) stock to its flagship global blend fund, which invested in firms with neither predominant value nor growth characteristics. Her initial task was to develop an investment thesis by first gathering qualitative and quantitative information related to Coca-Cola and its peers. Her thesis would consider what long-term trends might play out in the industry, as well as any short- and medium-term considerations related to the economy, the industry, and Coca-Cola itself. She wondered whether an analysis of recent financial performance coupled with expectations of future performance could provide any clues as to the suitability of current investments. Recognizing that further analysis would follow (such as an in-depth discounted cash flow analysis), the portfolio manager needed to know whether the fund should consider investing in Coca-Cola's stock based on her preliminary analysis.

Spreadsheet Supplement for Case W31037

Leaders must know how to deliver bad news to employees and outside stakeholders. Whether an organization is responding to a complaint, communicating about a crisis situation, or notifying employees about a change in company policies or downsizing, its executives and managers must focus on creating an appropriate response while maintaining goodwill for the organization. This note addresses how executives can do just that. Where exactly do companies go wrong in their responses to crises? How can executives more effectively take responsibility in a disaster while at the same time crafting a positive image for the company? How can all leaders better communicate bad news of any kind?

The sports events agency Maïenga, owned by two French women, operates off-road motor rallies in the Sahara Desert of Morocco. Its flagship event, the annual Rallye Aïcha des Gazelles du Maroc, is the foundation on which Maïenga has, over 30 years, built a reputation for being a socially and environmentally responsible company operating in a fragile desert ecosystem. Maïenga's unique brand image centers around the Rallye Aïcha participants, who become known as Gazelles, "a tribe of modern women", willing to push themselves to the limit in a challenging physical environment. Students are asked to examine the intersection of key marketing decisions (segmentation, targeting, positioning, company reputation, brand management, and promotion) with considerations about diversity, equity, and inclusion (DEI), corporate charitable operations, and the critical need for environmental protection and responsibility in the locations of Maïenga's rallies. National DEI policies and laws in the agency's home country, France, differ from those in the United States and the United Kingdom, which are large parts of Maïenga's target market for recruiting participants. A key issue is whether segmentation based on gender (women) is exclusionary or justified by Maïenga's celebrated Gazelle brand image and its operation as a French company. Students must determine how this positioning might affect the agency's corporate image and options for growth.