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  • Lucchetti: The Making of a Multilatina

    The case describes the experience of Lucchetti, a company owned by the Chilean holding group Quiñenco, in its first years of operation in Peru. It begins by describing the origin and positioning of the holding company (controlled by the Luksic family) and of its subsidiary Lucchetti, and it provides context about the country and pasta industry in the target market. On the one hand, en- tering the Peruvian pasta market generated a number of effects that were not hard to anticipate: despite price slashing by the competition, Lucchetti products gained market share. In short, the company anticipated market dynamics and the business plan seemed to evolve according to plan. However, the case also describes a series of initial setbacks in the acquisition of construction licenses, which appear to have been "off the radar" in Lucchetti's early analysis. Far from being resolved, these problems increased in intensity and complexity as weeks passed. The case concludes with Lucchetti's top management facing a difficult situation: the firm needed to put its production capacity into operation in Peru to make the venture economically viable, but regulatory entanglements prevented Lucchetti from starting production in its Lima manufacturing plant.
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  • Chirpin' Tavern's Coupon Promotion

    To augment the growth of a restaurant's business, its owner began selling coupons on a New York City deals website. However, the owner wondered whether selling these steeply discounted coupons was a sound business decision. In this case, students are presented with a spreadsheet with 34 months of sales data and are asked to develop a regression model of sales as a function of key variables. This case is accompanied by a Solutions note that details the steps in developing a model of sales as a function of seasonality, a time trend, and current and past promotional activity.
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  • Chirpin' Tavern's Coupon Promotion, Student Spreadsheet

    Spreadsheet Supplement for Case CU345
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  • EY People Advisory Services: Challenges of Enabling Global Mobility (A)

    Ernst & Young (EY) is a global consortium of firms offering advisory, taxation, and audit services across all industries and countries. The People Advisory Services (PAS) team within EY specialized in advising their clients on all people-related systems and processes, including global mobility compensation and taxation. Amarpal Singh Chadha's challenge, as the partner at EY PAS, lay in suggesting the most economical, compliant, and appropriate global compensation structure that adhered to the client's specified budget requirements. Part (A) of the case challenges the students to present the best possible options that address the employees' needs and meet the host countries' processes and compliances. Part (B) of the case introduces taxation complexities that individuals may experience during expatriate and mobility assignments.
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  • EY People Advisory Services: Challenges of Enabling Global Mobility (B)

    Ernst & Young (EY) is a global consortium of firms offering advisory, taxation, and audit services across all industries and countries. The People Advisory Services (PAS) team within EY specialized in advising their clients on all people-related systems and processes, including global mobility compensation and taxation. Amarpal Singh Chadha's challenge, as the partner at EY PAS, lay in suggesting the most economical, compliant, and appropriate global compensation structure that adhered to the client's specified budget requirements. Part (A) of the case challenges the students to present the best possible options that address the employees' needs and meet the host countries' processes and compliances. Part (B) of the case introduces taxation complexities that individuals may experience during expatriate and mobility assignments.
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  • Champo Carpets: Improving Business-to-Business Sales Using Machine Learning Algorithms

    Champo Carpets is one of the largest carpet manufacturing companies based in India, with customers across the world, including some of the most reputed stores and catalog companies. Champo Carpets is based out of Bhadohi, Uttar Pradesh, which is one of the most famous clusters of carpet weaving in India. This cluster is spread over 1,000 sq. km and comprises many villages and districts in and around it. The company is a vertically integrated manufacturer and exporter of carpets and floor coverings, with more than 52 years of existence. At the beginning of 2020, the company employed 1,500 people with a capacity to produce 200,000 pieces of carpets and floor coverings per month. As part of sales and marketing, Champo Carpets shared sample designs with its potential customers, based on which the customer placed an order. The sample design selection was done in various ways and the process itself is costly and elaborate. To capture industry trends, a team of the company visited various trade shows and events and sent samples to the client as per the latest fiber and color trends. However, their sample-to-order conversion ratio was low compared to the industry average. This had cost repercussions as well as lost opportunities. The company identified the cause as inaccurate targeting of products to their customers. It subsequently implemented an enterprise resource planning (ERP) application and has been capturing data at every point of production as well as sales. They believe this accumulated data can help target their products accurately to the right clients and design an appropriate recommender system.
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  • Champo Carpets: Improving Business-to-Business Sales Using Machine Learning Algorithms, Spreadsheet Supplement

    Spreadsheet supplement for case IMB879.
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  • GHCL: Navigating the Pandemic

    GHCL Ltd. (erstwhile Gujarat Heavy Chemicals Limited), a large chemical manufacturing publicly listed organization with over 6000 employees, had been recognized as a "Great Place to Work" (GPTW) for four consecutive years. However, the COVID-19 pandemic disrupted normal manufacturing and supply chain operations, impacting cash flows and challenged business continuity. With its working capital under pressure, the GHCL management team faced significant challenges in managing the costs. As a pre-emptive measure to sustain employee morale, the organization had announced that there would be no retrenchment of employees. With a major digitization effort to pivot the organization to Industry 4.0 standards, large investment decisions were planned, including investing in a cloud-based human resource information system (HRIS). Feedback from the previous year's GPTW survey had thrown up a number of action points that Goswami, the CHRO, wanted to implement. GHCL was focused on sustaining the GPTW accreditation, even during the pandemic. The challenge for Goswami was to work on the various cost levers, minimize HR costs without diluting employee experience and long-term organizational objectives. The virtual environment of working also required higher digitization and stronger communication measures, which were likely to extend even beyond the end of the pandemic. Managing people's decisions in an uncertain business climate is a key learning objective of the case.
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  • ITC Limited: Nation First

    The Early years traces the genesis of the company as Imperial Tobacco Company and the consolidation of its manufacturing and marketing operations. The next five sections trace ITC's evolution under its five Indian chairmen. The Haksar Years begins with a description of Ajit Haksar's career at ITC, including his time at BAT, which shaped his beliefs about the role of professional management and his definition of his role as the company's first Indian chairman. The section outlines context in which BAT's stake in ITC was diluted, and ITC's eventual diversification into hotels and paperboards business. The Sapru Years describes the consolidation of market leadership in cigarettes business following a change in taxation regime and the company's foray into agri-business. The Chugh Years captures the tumultuous relationship between BAT and ITC, announcements of diversification into core sectors like power and the aborted takeover attempt by BAT. The Deveshwar Years traces Y C Deveshwar's initiatives to consolidate and strengthen the core businesses, venture into new businesses such as information technology and the company's growing focus on social imperatives. The company's foray into foods and personal care segment in line with its goal to become the #1 FMCG company in the country is also covered. The Puri Years details the developments in the company under the executive leadership of Sanjiv Puri. The section ends with Puri becoming executive chairman following the demise of Deveshwar. The final section, The Years Ahead, ends with details of challenges faced by Puri including pressure from ESG (environmental, social and governance) investors and questions on the company's continued engagement with the cigarette business.
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  • Danone S.A.: Becoming a Mission-Driven Company (A)

    Emmanuel Faber became CEO of Danone SA, the French food and beverage company, in 2014. Right from the start, he ran the company with a dual commitment to both profit and purpose (i.e., ESG objectives). In fact, in 2018, he said, "It's time to make sustainable business the only way of doing business." The case examines his leadership and efforts to make Danone a more socially and environmentally responsible company, culminating with a shareholder vote in June 2020 to adopt a new legal status recently created under French corporate law called the "entreprise à mission" (EAM or mission-driven company). Shareholders overwhelmingly approved the bylaw change which allowed Danone to redefine its "raison d'être" (corporate purpose) to include social and environmental objectives. In response, Faber said, "You have toppled the statue of Milton Friedman here today," a reference to the author of the famous article entitled "The Social Responsibility of Business is to Increase Profits." As the first publicly traded company in France to adopt the new structure, all eyes were on Faber to see how he would run the company and achieve multiple corporate objectives.
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  • Danone S.A.: Becoming a Mission-Driven Company (B)

    Describes the events that took place in the first six months after Danone became France's first "entreprise à mission" (mission-driven company).
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  • Danone S.A.: Becoming a Mission-Driven Company (C)

    Describes the events that took place in the first year after Danone became France's first "entreprise à mission" (mission-driven company).
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  • BYJU'S: EdTech Giant Investing in Brick and Mortar

    The founder and CEO of BYJU'S, India's largest edtech firm and one of the world's most valuable edtech companies, is considering acquiring Aakash Educational Services (Aakash), one of India's largest brick-and-mortar test-prep firms, for $1 billion. Is this a good strategic investment for BYJU'S, a rapidly growing "tech-first" company that still had so much to achieve online?
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  • Green Car Inc.: Strategic Direction in the Car-Sharing Service Industry

    In March 2021, the chief strategy officer of Green Car Inc. (Green Car), an on-demand car-sharing services company, was contemplating the company's strategic direction. In an on-demand car-sharing services model, a company owned vehicles and received a fee from consumers who borrowed those vehicles. The strategy of Green Car's main competitor was to maximize its platform competitiveness by aggressively expanding its operational scale and scope, even if it meant incurring financial losses. In contrast, Green Car tried to achieve a balance of growth and profitability, which had resulted in continuous profits. The company now faced an important question for the company's overall strategic direction: growth or profitability? Which strategy would be successful in the end?
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  • DBS Bank Ltd.: How to Accelerate Digitalization

    In June 2020, the head of Customer Centre at DBS Bank Ltd. (DBS), the largest commercial bank in Singapore, was wondering how to leverage the bank's current success in digitalization to create a competitive advantage. As a business leader, she was facing major decision points. How could she increase awareness of the bank's digital assets among existing customers? How could she further digitalize the customer centre? In addition, the COVID-19 global pandemic, which had disrupted businesses worldwide, had been both a challenge and an opportunity for DBS. What should be the bank's next steps? The head of the Customer Centre needed to find a way forward for DBS in the context of an industry that itself was not only in the middle of internal disruption but was also undergoing rapid transformation.
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  • EOS Imaging: Revenue Recognition

    Jane Zhou, an equity analyst at a large asset management firm, was preparing a report on EOS Imaging (EOS), a French medical device company that her firm had invested in. EOS's drastic fall in First Quarter (Q1) 2019 revenue caught Zhou's attention, as the company had maintained a continuous growth record up until 2018. In Q1 2019, EOS only achieved 1 per cent of its Q1 2019 equipment sales revenue. Also, during Q1, EOS made a significant change to its general sales agreement, leading to a corresponding change in revenue recognition timing. Zhou wondered if the revenue slowdown could be mainly attributed to the accounting method change rather than to weakening demand. It was crucial for Zhou to understand the impact of this change and to decide whether she should recommend her portfolio manager to liquidate the firm's position in EOS or not.
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  • CUHK Medical Centre: Establishing a Logistics Services System

    The chief executive officer (CEO) of the soon-to-be completed CUHK Medical Centre Ltd. (CUMC) in Hong Kong must make a decision regarding health care logistics services. The hospital's tender board is scheduled to meet in June 2019, and the CEO must recommend whether the logistics services needed by the hospital should be provided internally or by a third-party logistics (3PL) provider, and, if a 3PL provider, which provider should be awarded the business.
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  • Emaan Modaraba: Islamic Finance and the Real Economy

    Emaan Modaraba, a Shariah compliant publicly traded modaraba based in Pakistan, made an investment in shares of Indus Motor Company Limited, a listed company assembling Toyota vehicles, in July 2020 - whose shares were designated to be Shariah Compliant and included in the Pakistan Stock Exchange's KMI-All Share Islamic Index. In August 2020, Indus' annual report disclosed that the company increased its short-term investments in interest-bearing instruments in order to be financially resilient in the wake of the COVID-19 pandemic. Ms. Khan, CEO of Emaan Modaraba, instructs Ms. Amina Ali, an investment manager, to provide her opinion on the annual report and whether Indus would remain Shariah Compliant and be included in the portfolio.
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  • The International Committee of The Red Cross: Development of an Ethical Procurement Policy

    The Asia sourcing manager at the International Committee of the Red Cross (ICRC), a humanitarian organization working in conflict areas, had contributed to the 2009 creation of an ethical procurement policy to respond to urgent needs around the world. Her mandate was in line with the ICRC's strategy of improving the flexibility, cost effectiveness, and sustainability of its supply chain. Ethical procurement could not be enforced, however, when sudden conflicts or natural disasters relied on local purchasing or cash transfer programs to meet the needs of distressed populations. Ten years later, despite efforts to systematize and expand the ethical procurement policy, emergency relief items were still being procured from local and regional markets through traders or cash transfer programs not covered by the policy. How could the ICRC address this gap and promote the ethical procurement of relief items at the local level in emergency situations?
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  • Wymsee

    Wymsee was a company that aimed to develop a mobile application (app) that would allow television audience members to identify and purchase clothing or accessories worn by characters in the program they were watching, with the Wymsee founders taking a percentage of transactions they facilitated. To get the data necessary to make this work, protagonist Alex LoVerde and his three co-founders built an app called SyncOnSet, which helped film crews update and streamline their previously analog and complex costume tracking workflow. The quick adoption of SyncOnSet and the relative difficulty of launching Wymsee made LoVerde wonder if the company should pivot away from a consumer-facing app and toward software designed for Hollywood film crews.
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