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Danone: Adopting Integrated Reporting or Not? (A)
Danone SA (Danone), a multinational food company based in Paris, had a history of social and environmental consciousness and a corporate strategy that focused on economic and social objectives. In 2013, the company was trying to ensure that this social and environmental focus was part of its decision-making process, and wanted to communicate its industry-leading efforts to internal and external stakeholders alike. The company had learned that it was not enough just to have internal systems and data prove its environmental consciousness. The company’s carbon accounting initiative, for example, demonstrated the firm’s progress in reducing its carbon footprint; however, because it did not make use of widely accepted carbon accounting standards, Danone’s sustainability efforts were largely discounted or ignored. Now the company had to decide how to report to its various stakeholders going forward.<br><br>The A case focuses on Danone’s reporting activity in 2013, when it worked with the International Integrated Reporting Council to pilot that organization’s integrated reporting standard. The B case brings the situation forward to 2018 and discusses Danone’s work to launch its own integrated report, its efforts to become certified as a B Corporation, and its support of the United Nations’ Sustainable Development Goals. -
From Dell to Lenovo? Investment Decision in the Rapidly Changing PC Industry - Instructor Spreadsheet
Excel spreadsheet for instructors. -
LaundryWala: Scaling up an On-Demand Laundry Start-Up - Instructor Spreadsheet
Spreadsheet to accompany product 8B18A064. -
LaundryWala: Scaling up an On-Demand Laundry Start-Up - Student Spreadsheet
Additional Supplement to accompany product 9B18A064. -
Vanderbilt Financial Services: Assessing Future Opportunities
The owner and sole shareholder of a Vanderbilt Financial Services brokerage in London, Ontario, must decide on the best course of action to grow his business. In 2018, the owner was concerned that he had not accomplished as much as he could with his current business strategy. He was a financial adviser specializing in life insurance and mutual fund products, and he was looking to find new ways to grow. The owner had come up with two options to help achieve growth within his brokerage: enter the real estate market by building business office space to use and to rent to prospective tenants, or build a larger team of life insurance and mutual fund representatives to help manage his growing client base. -
Ctrip: Taking Off in Online Travel
As a pioneer and leading competitor among China’s online travel-service providers, Ctrip.com International, Ltd. (Ctrip) had successfully integrated technology into China’s rapidly growing travel industry by 2017. The company’s platform provided a comprehensive set of travel services including hotel reservations, flight and train ticketing, vacation packages, business-travel management, and dining reservations. Praised in the industry as the exemplary combination of traditional tourism and e-commerce, Ctrip had experienced significant success. However, the company still had to adapt to an ever-changing and increasingly complex internal and external business environment. How would the company evolve its business model to sustainably compete in the global online travel market? -
Natco Pharma: Manufacturing Affordable Medicines
In 2015, the chief executive officer of Natco Pharma Limited, a commercial manufacturer of pharmaceutical drugs in India, needed to raise funds either through debt or equity to meet the company's capital expenditure and working capital requirements of ₹3.41 billion. The company could finance a loan at an interest rate of 12 per cent or raise funds through public deposits at an interest rate of 13 per cent. The company could also use equity to raise the requisite funds through either a rights offering or a seasoned equity offering. The chief executive officer needed to present his recommendation to the board of directors the following week. Which option should the company adopt? -
DATRI: Solving Donors' Dilemma for Saving Lives
Datri Blood Stem Cell Donors Registry (DATRI), a not-for-profit social venture established in 2009 with 3,000 donors, was India’s largest stem cell donor registry. Since 2009, it had expanded until its donor base was over 267,000. While DATRI continued to work towards its vision to find a matching donor for every patient in need of life-saving stem cells, its dependence on voluntary donations was causing some pressing issues. Donors who voluntarily enrolled in the registry were backing out of the process when contacted for a transplant, and the organization was also facing fundraising difficulties. DATRI's co-founder and chief executive officer felt that not addressing these issues soon would undermine the organization’s purpose. In May 2017, he was preparing for a meeting with his team to finalize a future plan of action that would solve these problems. -
Shanghai Contron: from Start-up to Growth
Shanghai Contron Information Technology Co., Ltd. was a small technology company in Shanghai, China, established in 2011. The company's main customer was the government, and sales management was the company's primary department. In a rapidly expanding market, the company moved very quickly from the start-up phase to the growth phase. In 2016, the company’s chief executive officer faced challenges in terms of obtaining, stimulating, and managing sales talent, and improving the leading role of the sales department. What could the chief executive officer do to address these challenges? -
Freshii Inc.: Scaling Up Culture
The chief executive officer (CEO) of Freshii Inc., a leading Canadian-based, international franchised restaurant chain, had developed a distinctive corporate culture at the restaurant’s head office. In July 2017, Freshii was expanding its healthy food, fast casual restaurants at the rate of about one store per week, and the CEO wanted to ensure a common culture in the chain’s ecosystem. The task fell to the chief people officer to develop a plan that would take into consideration three developments that were relevant: the chain was on the verge of exponential growth; it was transforming from a restaurant brand to a health and wellness brand; and it was entering new lines of business by partnering with retail chains and airline companies. Given the diverse cultures at the store level, how could Freshii ensure a consistent corporate culture across the Freshii ecosystem? And how could Freshii convert its corporate culture to become both a sustainable and scalable competitive advantage? -
Greenco Enterprises India Pvt. Ltd.: Market Strategy for Frozen Snacks
In November 2016, the two co-founders of the Delhi-based Greenco Enterprises India Pvt. Ltd. were getting ready to launch a range of frozen snacks in the competitive Indian market. Their strategy was to penetrate the already established non-vegetarian frozen snacks market with fast-moving popular products and grow the vegetarian frozen snacks market with differentiated offerings. As the January 2017 launch date approached, they had to get their pricing and distribution strategy in place. For a new brand with a limited budget, securing shelf space was a challenge. The two founders wondered whether the company should focus all of its efforts on building a retail brand in the business-to-consumer segment, or whether it should consider institutional sales in the business-to-business space. How could the initial investment and running costs be balanced with the need to stay competitive in the market? -
Whizz: Challenges for a First Mover
Two friends started the company Whizz in 2013 with a fleet of seven cars and a team of 12 people in Delhi. Within three years, Whizz had increased its fleet to 2,200 cars, capturing approximately 60–70 per cent of the Indian car rental market. The company had ambitious plans to expand to other cities with the rapid growth in the industry and increasing disposable incomes among millennials—the typical Whizz customer group. When one partner quit for personal reasons, the other was left to manage the company’s marketing and business development divisions, and to secure new funding. Although Whizz was the first mover in the Indian market, it had not seen a profit since its inception, and now, in 2016, pressure was increasing, with Whizz's organized competitors having similar ambitious expansion plans. The remaining partner had to decide how to address these challenges and manage the risks of his business model, while maintaining operations and making a profit. -
Europacorp S.A.: Second Attempt at a Turnaround
In 2017, the French film producer and distributor EuropaCorp S.A. (EuropaCorp) announced a historical record loss of €119.9 million. The company had almost doubled its revenues between 2001 and 2010 by using an integrated studio model, but the recent losses had been substantial. After entering into a number of international joint production and marketing ventures, the company reported its highest revenues to date in 2015, only to announce in July 2016 that the company had incurred significant losses and that its revenues were the lowest since 2008. Once again, the company tried to turn itself around, strengthening its position by focusing on the founder’s core business and making some financial adjustments. A capital increase resulted in a positive shift in EuropaCorp’s shareholding structure; however, the company was still experiencing losses and was anticipating a continuing loss into the next year. Was there anything more EuropaCorp could do to change its position? -
Fluorescent Group: Blue Ocean Shift
Fluorescent Group (Fluorescent) was an Indian company specializing in manufacturing filament products that were used in incandescent light bulbs. It had been a market leader for over 30 years, and by 2017, it had seven group companies and over 400 employees. Its filament products were exported to 15 countries and sold in the domestic market. However, the group’s chief managing director had begun to embrace the concept of wellness and believed that the wellness industry might be an attractive future business option, since it offered ideal remedies for people leading hectic and stressful lives in the large cities of India.<br><br>Changes in the lighting industry meant the market for Fluorescent’s filament products was in decline and was no longer generating profits. Should Fluorescent simply adapt to the changes in the lighting industry and manufacture LED-related products? Or should it support only a few custom orders for the lighting industry while venturing into the manufacturing of blue water equipment? Alternatively, should it consider exiting the lighting industry entirely and manufacturing only wellness products like blue water equipment or rejuvenation centres? -
Vasant Farm Fresh: Reducing Food Wastage
In June 2015, Vasant Farm Fresh (VFF) was creating a supply chain in Ahmedabad, India, to integrate farmers with retailers and provide fresh produce to customers. Fruits and vegetables have a short shelf life, harvesting operations tend to be labour intensive, and produce quantity is unlikely to grow substantially. To increase the shelf life of fresh produce, farmers need storage facilities, such as refrigerators or cold-water vessels, to store freshly harvested produce. VFF established a collection centre to aid farmers in selling their produce and in receiving higher returns. The collection centre was close to the farms so that the produce could be distributed to the agricultural produce market committee market and to VFF’s new retail venture, Vasant Veggies. However, wastage was still considerable even after the centre was established. The founder of Vasant Veggies must identify the optimal procurement quantity for fresh produce. -
Vasant Farm Fresh: Reducing Food Wastage - Instructor Spreadsheet
Instructor spreadsheet to accompany product 8B18D023. -
T-Systems South Africa: Commencing Turnaround through Women’s Contextual Leadership - Presentation
Presentation for product 8B18C045. -
Farm Harvest: A Distribution Dilemma
In 2017, Farm Harvest Pvt. Ltd., a company that produced and marketed fresh corn and ready-to-eat corn products, was facing distribution problems. The owner and managing director of the company, was worried about the sales of his company’s products. During a discussion with his core management team about the non-availability of their products in the market, the owner realized that declining sales could be due to distribution network problems. In order to revamp their distribution network, the team considered pursuing direct distribution rather than going through distributors. The team also had to look at the financial aspects of the direct distribution model versus that of distributors in order to make a decision. -
Filli Café: Going Global
By May 2018, the owner of 30 FiLLi Café outlets across the United Arab Emirates had come a long way from helping out in his father’s a small cafeteria in the Mamzar area of Dubai in 2004. With his innovative FiLLi tea and FiLLi Zafran tea, he had successfully created a tea brand in the United Arab Emirates. After the company’s success there, he aspired to take the brand global using the franchising model. The path ahead, however, had to be navigated carefully. New entrants had emerged and were competing for market share. In the changing market scenario, how would FiLLi Café manage to retain customer loyalty locally and successfully manage global expansion? Was this plan too aspirational? Was it the right time to expand the company? Was franchising the best method for global expansion? -
T-Systems South Africa: Commencing Turnaround through Women’s Contextual Leadership
In late 2016, the board chair of T-Systems South Africa (TSSA), an information technology outsourcing company, faced a new challenge. As the previous chief executive officer (CEO) of the company, the board chair had moved the company from declining revenue toward growth and increased profitability. She accomplished the company’s culture transformation and remarkable turnaround, in part, by capturing the interest of people with a vision about creating a company with soul. She now needed to assist the new CEO in sustaining TSSA’s culture change in a manner that would not intrude on his own ideas, leadership, and style.