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The Costa Rican Software Corridor: Startup Develops Expansion Plans for Latin America
In the 1990s, San José, Costa Rica, was beginning to emerge as a Latin American hot spot for the information technology sector. SPS Software, a small startup in San José, played an important part in the history of this sector and the development of the software industry in this region. By the end of 1995, SPS co-founders Claudio Pinto and Jorge Sequeira were considering developing a marketing strategy and expansion plan to leverage a probable infusion of venture capital, the first for a technology company in Central America. This case explores the rapid growth of the software industry in Costa Rica including the competitive landscape and unique infrastructure and financing challenges for Central American startups. Students will follow SPS Software as it navigates these challenges and then develop a marketing and expansion plan for the company to present to a venture capital fund. -
Discounted Cash Flows (DCF) Valuation Methods and Their Application in Private Equity
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Mary Guerrero and the Advancement of Latinx Talent: Developing an Employee Resource Group at a Top Tier Bank (A)
Mary Guerrero was a first-generation Latina and an investment banking analyst at a top tier bank on Wall Street-Bulge Bracket Bank (BBB). She was committed to increasing representation of Latinx talent at her firm. She was already doing a lot of individual work to make this happen (e.g. reviewing candidate resumes at 2am after she had finished her assigned work). She wanted to scale her efforts and debated whether she should build a broader coalition to move the needle on Latinx talent representation despite having a demanding full-time workload. -
Mary Guerrero and the Advancement of Latinx Talent: Developing an Employee Resource Group at a Top Tier Bank (B)
Mary Guerrero decided to pursue the challenging road and kicked off Hispanic/Latinx Advancement and Career Engagement (HACE) at her Bulge Bracket Bank (BBB). For Mary, her larger purpose was to advance Latinx talent in the U.S. because she believed it was important for leadership at major U.S. firms to mirror the composition of the country. With Latinx representing almost 18.3% of the U.S. population but only holding 3.8% of board seats, she saw a problem that needed to be addressed. She understood what getting a job at a prestigious Bulge Bracket Bank on Wall Street meant for a Latinx. It meant not only learning hard skills like financial modeling but also earning credibility. Mary's life journey from growing up in a low-income neighborhood to earning a coveted spot on Wall Street was difficult and she wanted to make that path easier for others. -
Blizzard Entertainment, Inc.: Politics In Esports
On October 8, 2019, Blizzard Entertainment Inc. (Blizzard), a subsidiary of one of the world's largest video game companies, banned a popular player from participating in future video game tournaments for one year and stripped him of his winnings-a response to a dramatic political statement that the player had made during a post-game interview at a Blizzard event. The immediate response was a flurry of angry fans who used social media to protest Blizzard's actions and call for a boycott of its products. Some of Blizzard's employees had staged a walkout and US politicians were accusing the company of censorship. For six days, the company said nothing. Blizzard had an upcoming product launch in days and a massive eSports convention in just two weeks, and the CEO needed to do something. He needed a crisis communications plan for the short-term to address a number of stakeholders. -
World Vision Canada: Meeting Madness
In late 2019, the chief people officer at World Vision Canada was feeling overwhelmed. Eighteen months earlier, she had exited her intense and successful career in the private sector to join World Vision Canada, a leading international development charity. While she embraced the organization's mission-driven ethos of collaboration and collegiality, it had led to an excess of meetings. In just the past week, she had attended more than 100 meetings. Was it time to resurrect the organization's previous attempts to address its meeting culture? What roadblocks had prevented the success of those previous attempts? How could the chief people officer continue to be an advocate for a culture of collaboration and inclusivity while also ensuring a change to the meeting culture? -
A3 Thinking for Weight Loss
This technical note describes the problem-solving process known as A3 Thinking through the lens of an individual's weight-loss efforts. The story is easy to understand and shows how the A3 process can be integrated into one's personal life. The note details the A3 process steps of current condition, target condition, root-cause analysis, countermeasures, implementation, and standardize and sustain. It allows the student to see an easily identifiable and approachable application of the technique. -
When Agile Harms Learning and Innovation: (and What Can Be Done About It)
Originally developed for software development, Agile approaches are increasingly adopted by organizations that seek flexibility in the face of rapid change. However, little attention has been paid to the potential negative consequences of the implementation of Agile in large-scale settings. This article presents the results of a multi-site study of a multinational telecom company over five years during its implementation of Agile practices in the context of large-scale software development. The article points to six potential pitfalls of implementing such practices that may negatively influence individual learning, ideation, and exploitation capabilities. It offers advice on how to avoid these consequences in large, established firms. -
Nora Lang: Pay Equity at FTS
In August 2018, a recent Canadian business school graduate was excited about starting her dream job at a global financial consulting firm headquartered in the United Kingdom. However, on her first day, she learned from discussions with co-workers that newly hired women (including herself) were offered lower salaries than men who were newly hired for the same positions. She later learned, in an onboarding session, that the company had a strict policy prohibiting pay discussions among employees. The new employee faced a difficult decision in considering what to do next: What were her responsibilities and options? How could she expect the human resources department to respond? Could her choices possibly put her or her colleagues at risk? -
Ola (India): Building Customer Loyalty to App-Based Services
Ola Auto India (Ola) was the pioneer in cab aggregation services in India. In 2019, Ola needed to ensure that it remained the customer's first choice for autorickshaw (auto) booking. Ola had so far faced moderate competition from small players, but competition was increasing from Uber Technologies Inc. With a service that was traditionally chosen for its low cost and easy availability, customer loyalty remained a challenge for all players in the market. How could Ola ensure customer loyalty and maintain its leadership position when Uber was garnering a higher net promoter score than Ola? -
Facelift at Olay (A)
By October 2017, Procter & Gamble's skincare brand Olay has been struggling with declining sales for several years. The team has tried many remedies, but none has returned the brand to growth. As pressure grows from Olay's competitors, including hundreds of new direct-to-consumer brands catering to millennial women, North American Skin Care General Manager Chris Heiert must identify a winning marketing strategy that will appeal to women of all ages. -
Note on Developing a Teaching Plan for an On-Line Class
Discusses some issues for instructors to consider when teaching on-line classes. Covers the topics of discussion questions, "blackboard" plan, document sharing, use of spreadsheets and frameworks, the role of teams, and grading. -
Sterlite Power: Technology as a Point of Differentiation
This case aims to give participants an understanding of how Sterlite Power (Sterlite) successfully differentiated itself using technology in an otherwise traditional sector in an emerging economy. Sterlite deployed technological innovations to reduce inefficiencies in power transmission projects. The major challenges for the Indian power sector are the use of obsolete technology and high cost coupled with a low profit margin model. These make power evacuation difficult and inefficient, resulting in frequent power shortages in a country that actually generates surplus power. Although many private players had entered the power sector, there were no significant changes in the way projects were carried out. Realizing that products alone wouldn't improve its business prospects, Sterlite used technology as a disrupter and a differentiator to provide solutions in the power sector. The case shows how an Indian firm revolutionized project execution to get an edge in the Indian market. Having succeeded in India, the company turned its sights on the Brazilian market. The case invites participants to explore the following questions: What could be the possible challenges that lay ahead for Sterlite and how could it leverage its learning from India in Brazil? How challenging is it for companies to use technology as a point of differentiation and to monetize it in the long run, and in different markets? -
Basmati House Supermart: Competing with the E-retail Channel
In January 2020, the proprietor of Basmati House Supermart (BHS), a large grocery retail outlet in India, terminated a partner retailer contract with Springers, an online retail platform. The proprietor had an ancestral property, located in a high-footfall area of the wholesale market, that could be developed into a retail outlet. In the new outlet, the broad options were to replicate the current retail business, focus selectively on staples and do more wholesale, or only focus on rice and develop it as a brand for larger distribution. Alternatively, the proprietor could rent the new property, wind down the grocery business, and invest the money in a fitness centre. Each option required its own particular investments, competence, and marketing strategy, and all options entailed considerable uncertainty and risk. BHS was steadily losing money; therefore, the decision had to be made quickly. -
Fair Trade Jewellery Co.: Establishing an Ethical Global Value Chain
In August 2019, Fair Trade Jewellery Co., a mid-size jewellery retailer based in Toronto, Canada, was wondering how to ensure that its customers received responsibly sourced gold and diamond jewellery. The company had already devoted considerable amounts of time, energy, and expense to develop a responsible supply chain. Its activities toward that goal had included various initiatives beyond jewellery retail, such as providing inventory financing for artisanal miners in the Democratic of Congo. After discovering that a key US partner along the supply chain may have not been following a clear chain-of-custody system in its refinery, the company was unsure how to proceed. Responsibly sourced gold was potentially being contaminated by other gold at the refinery, which led Fair Trade Jewellery Co. to consider opening its own local small-scale refinery. However, that initiative could mean considerable strategic risk and financial burden for the company. It could also have potential effects on its employees, who relied on the company for their livelihood. Did the company's ethical mission require vertically integrating to such a considerable extent? -
Assessing the Impact of Executive Education
Harry Miller, the new CEO of a large and growing multinational transportation and logistics company, has asked Allison Freeman, his CHRO, to brief him on the impact that their off-site custom executive education program has had. In turn, the CHRO has enlisted Jack Drake, the program's faculty leader, to collaborate with her in responding to the CEO's request. Students are asked to step into the role of the faculty leader, who has formulated a general framework to do so, and must fill the framework with as many potential ideas regarding the impact as possible. -
The Economics of Competitive Markets
This note describes how the behaviors of competitive buyers and sellers interact to determine market outcomes-the price at which a product is sold, and the quantity of a product that is exchanged. It begins by defining supply, demand, and market equilibrium. It then derives firms' supply curves from its marginal cost curve, and demonstrates how the firm's optimal production decision depends on the market equilibrium price. Finally, it shows how different factors that affect the market also affect a firm's production decision. -
Movile: Lessons from Silicon Valley to China
This case introduces students to the large Brazilian mobile conglomerate, Movile, and its mobile food delivery subsidiary, iFood. It focuses on the experiences of these companies learning business lessons from Silicon Valley and China. In particular, the case discusses how the executive teams developed relationships with important companies and leaders in these markets to set up an open exchange of information. -
Sandy Kurtzig (A)
This case introduces students to Sandy Kurtzig, the founder and CEO of the ASK software company, and the first woman to take a Silicon Valley tech company public. It gives a brief background of the protagonist and then presents students with 4 different dilemmas from Kurtzig's experiences as an entrepreneur and investor. -
Sandy Kurtzig (B)
Supplement for Case E727A.