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<p align="justify">In 2020, the Indian film industry witnessed a significant rift between producers and exhibitors (cinema owners and multiplex chains) when the producers of the highly anticipated film <i>Gulabo Sitabo</i> opted for a direct digital premiere of the film on Amazon Prime Video, thereby bypassing a theatrical release. The decision angered exhibitors, who viewed over-the-top (OTT) platforms as threats to traditional cinema distribution. Concerns arose that other studios would soon follow suit, jeopardizing their businesses. Although the producers cited COVID-19-related challenges and the increased popularity of streaming services as reasons for their decision, exhibitors accused them of being selfish. Exhibitors emphasized their investments in world-class screens and urged co-operation, threatening retaliatory measures. The rising tension brought up a number of questions: How much of a threat were OTT platforms to traditional film distribution? How could disagreements between producers and traditional distributors be resolved? Might OTT platforms and traditional distribution methods coexist, and if so, how?

In June 2022, two MBA students from a post-secondary institution in India were asked by their professor to build a valuation model for HDFC Life Insurance Company Limited to assess the company’s stock price for investors. The students understood the importance of the task and tracked the company’s historic stock price. They found that its share price dropped considerably in 2021, as the company’s profits decreased due to a high number of claims during the COVID-19 pandemic. In 2022, however, the company witnessed a rise in profits mainly due to a high number of premiums, as fears from COVID-19 infections led more people to buy insurance coverage. Given that the company’s profits and performance had been fluctuating, the students wanted to know whether the stock was undervalued, overvalued, or fairly priced. Their task was to determine the ideal stock price and whether to recommend the stock to investors.

Student Spreadsheet to accompany product W34075.

Instructor Spreadsheet to accompany product W34076.

In 2023, Hindustan Unilever Limited (HUL) faced a pivotal choice: whether or not to enter India's expanding shampoo hair colour market, which was valued at US$82.72 million and projected annual growth exceeding 17 per cent until fiscal year 2026. HUL's assistant brand manager, Sabhayata Singh, grappled with the absence of a hair colour offering in HUL's portfolio. The dynamic market landscape, coupled with the absence of this product, intensified the decision-making process. HUL faced the strategic dilemma of extending existing brands or creating a new one to meet consumer demands. Pricing strategies became crucial in a market where most products were priced under half a dollar. The decision not only influenced HUL's local market position but also carried implications for potential international expansion.

In January 2023, Adam Pierce, co-owner and operations manager of Lambton Custom Flooring (LCF), eased back in his home-office chair in Sarnia, Ontario, after another day installing flooring. He looked at his calendar: In one week he would meet with his business partner, Marlin Jervis, to discuss the coming year's strategic vision for LCF. Last year's decreased profits concerned Pierce. He questioned whether a change was necessary to offset this trend, and, with the ever-present economic turmoil, he wondered if lower profits were here to stay. Pierce was uncertain if investing in advertisements would be enough, or if he should take more drastic measures, such as expanding the business's installation services or even buying out his partner. Whatever his decision, Pierce would have to lay the groundwork for the following week's meeting.

In May 2022, the founder and chief executive officer of Just Kitchen Holdings Corporation (Just Kitchen), a Canada-based and publicly listed operator of ghost kitchens in Taiwan, met with the company’s management team to deliberate on the company’s plan to expand into new markets, specifically, the Philippines. Their optimism for the Philippine market stemmed from the country’s growing online food delivery industry, favourable demographics, and supportive government policies. While the founder his team explored this expansion possibility, they recognized that entering the thriving online food delivery market presented advantages and disadvantages, and questions loomed: What would be the most effective approach to enter this market? And, equally importantly, what challenges and pitfalls should they anticipate as they ventured into such a business opportunity in the Philippines?

Creditas Solutions Pvt. Ltd. (Creditas), a debt-collection and recovery start-up, had revolutionized the loan recovery process in India by combining data and technology to educate and empower its consumers. Ethera, its software-as-a-service platform, was a great success, and the company was on track to make $7.39 million in the financial year 2021–22. In order to increase its customer base and profits, the company was now faced with two challenges. First, it needed to determine how to convince its clients to accept a new fee structure. To establish additional and consistent revenue streams, the company was attempting to implement a licensing-based monetization model rather than its current recovery amount–linked model. Second, it needed to determine how it should plan for business expansion. The company had received queries from banks in west and southeast Asia, creating expansion potential abroad, and it was also contemplating entering other banking operations, such as lending and insurance. The chief executive officer wondered which of these growth strategies made the most sense for the business at this moment. Should the company increase its services in the areas of lending and insurance or expand to a global market?

Nestlé SA (Nestlé), as a multinational company, engaged strategically with societal issues at the local level and had tasked Nestlé East and Southern Africa Region (ESAR) with evaluating its shared value initiatives. Nestlé ESAR’s chairperson and managing director had to determine whether to take forward one of the of the organization’s strategic initiatives, the Makhoba Trust initiative. The managing director believed the model that he and the team had created through the work developing the Makhoba Trust initiative could be a sustainable framework for future Nestlé stakeholder collaboration. He was keen to share the progress with the global leadership team, but he knew hard questions would be asked. Was the project a successful shared value partnership and therefore worthy of more investment? Any decisions would have widespread implications for the company and the community of 1,400 rural households and 7,000 people.

In early 2020, during the COVID-19 pandemic and subsequent lockdown periods, the marketing director of Anand Milk Union Limited (Amul) was in a virtual meeting with his marketing manager. The two men were discussing plans for a marketing campaign for the hotel, restaurant, and cafes (HoReCa) market segment to be run during the pandemic. The campaign was expected to target and engage the key stakeholders (or influencers) of the HoReCa segment-the chefs in the food service industry. Before the pandemic, Amul engaged with chefs mainly through personal relationships, based on individual in-person meetings. However, in context of the adversity caused by the outbreak of the COVID-19 pandemic, in-person meetings were no longer feasible. The challenge for Amul was to build a scalable and executable marketing campaign that would engage chefs, the market's key influencers.

In May 2022, the founder and chief executive officer of Just Kitchen Holdings Corporation (Just Kitchen), a Canada-based and publicly listed operator of ghost kitchens in Taiwan, met with the company's management team to deliberate on the company's plan to expand into new markets, specifically, the Philippines. Their optimism for the Philippine market stemmed from the country's growing online food delivery industry, favourable demographics, and supportive government policies. While the founder his team explored this expansion possibility, they recognized that entering the thriving online food delivery market presented advantages and disadvantages, and questions loomed: What would be the most effective approach to enter this market? And, equally importantly, what challenges and pitfalls should they anticipate as they ventured into such a business opportunity in the Philippines?

In 2021, Hitachi Limited was reconsidering its ownership of Hitachi Construction Machinery (HCM). The decision about HCM's future was one of the last steps in a more than decade-long effort to reorient Hitachi from a manufacturing conglomerate to a service-oriented company. HCM was a global player in the construction and mining equipment business, and although it no longer relied on Hitachi for product technology, Hitachi's technological capabilities might once again become more valuable to HCM as automation and electrification of construction and mining equipment gained importance. Would there be greater synergies from more closely integrating HCM with Hitachi's other businesses, or would both sides be better off if HCM was completely independent?

In 2020, the Indian film industry witnessed a significant rift between producers and exhibitors (cinema owners and multiplex chains) when the producers of the highly anticipated film Gulabo Sitabo opted for a direct digital premiere of the film on Amazon Prime Video, thereby bypassing a theatrical release. The decision angered exhibitors, who viewed over-the-top (OTT) platforms as threats to traditional cinema distribution. Concerns arose that other studios would soon follow suit, jeopardizing their businesses. Although the producers cited COVID-19-related challenges and the increased popularity of streaming services as reasons for their decision, exhibitors accused them of being selfish. Exhibitors emphasized their investments in world-class screens and urged co-operation, threatening retaliatory measures. The rising tension brought up a number of questions: How much of a threat were OTT platforms to traditional film distribution? How could disagreements between producers and traditional distributors be resolved? Might OTT platforms and traditional distribution methods coexist, and if so, how?

Nestlé SA (Nestlé), as a multinational company, engaged strategically with societal issues at the local level and had tasked Nestlé East and Southern Africa Region (ESAR) with evaluating its shared value initiatives. Nestlé ESAR's chairperson and managing director had to determine whether to take forward one of the of the organization's strategic initiatives, the Makhoba Trust initiative. The managing director believed the model that he and the team had created through the work developing the Makhoba Trust initiative could be a sustainable framework for future Nestlé stakeholder collaboration. He was keen to share the progress with the global leadership team, but he knew hard questions would be asked. Was the project a successful shared value partnership and therefore worthy of more investment? Any decisions would have widespread implications for the company and the community of 1,400 rural households and 7,000 people.

Creditas Solutions Pvt. Ltd. (Creditas), a debt-collection and recovery start-up, had revolutionized the loan recovery process in India by combining data and technology to educate and empower its consumers. Ethera, its software-as-a-service platform, was a great success, and the company was on track to make $7.39 million in the financial year 2021-22. In order to increase its customer base and profits, the company was now faced with two challenges. First, it needed to determine how to convince its clients to accept a new fee structure. To establish additional and consistent revenue streams, the company was attempting to implement a licensing-based monetization model rather than its current recovery amount-linked model. Second, it needed to determine how it should plan for business expansion. The company had received queries from banks in west and southeast Asia, creating expansion potential abroad, and it was also contemplating entering other banking operations, such as lending and insurance. The chief executive officer wondered which of these growth strategies made the most sense for the business at this moment. Should the company increase its services in the areas of lending and insurance or expand to a global market?

From "shots fired," this case traces the evolution of responses, treatments, and notifications following a homicide at a college campus, an event that always lures attention across diverse stakeholders within and around the campus, and far beyond. At the core are the challenges of getting a crisis under control, managing stakeholder expectations, and retaining control of information. There will never be a universally applicable playbook for managing crises. Responses must always evolve relative to the particular crisis, its contexts, and its impacts. This case is a rich tool for thinking about contingencies, best practices, and shortcomings from an authentic context. Here, sharp focus is put on crisis leadership specifics of immediate treatment and notification during the first days of the crisis. Approaches are told and exemplified through the words and actions of two leaders, the Chancellor and the University Police Chief.

Biryani by Kilo (BBK) is a Gurugram (Near New Delhi, India) based Quick Service Restaurant founded by Koushik Roy and Vishal Jindal in 2015. The company specializes in serving authentic Indian dishes. They offer both dine in and delivery options and have multiple locations in India. They are known for using high quality ingredients and traditional cooking methods to create delicious biryani dishes. They brought many innovations to their offering. Now they wanted to create a McDonald's for Indian food but were in a dilemma about how to proceed. How could they eventually build a national brand and then expand it globally?

The Royal Belgian Football Association was a non-profit organization based in Brussels, Belgium that had a goal to organize, develop, and promote all forms of football in the country. To achieve this goal, it regularly interacted with many stakeholders including fans, commercial partners, association members, referees, and brand stewards. In 2021, the association was eager to digitalize these interactions through the use of its mobile app and added many features to the app over the next two years to support a fluid road map. However, during those two years, the performance of marquee teams was disappointing. More than ever, it seemed important to engender continuous digital engagement with stakeholders as a basis for further commercial growth. In March 2023, the director of marketing and communication and the director of digital, innovation, and technology were reviewing and assessing the association’s digital strategy, especially during the previous two years, and strategizing about the future. Their assessment revealed several important questions about how to prioritize digital initiatives in the future.

Campusutra was a leading information and partially transactional portal operating in India that helped aspiring higher education students select appropriate educational institutions. It was founded in 2011 and initially focused on supporting a student's choice of management education. It added support for engineering schools. It was known for offering distilled and unbiased objective information about offerings, fee structure, peer-level engagement, and placement opportunities, and potential students remained loyal to the portal. Later, a friend advised the founder to make a strategic alliance with an EdTech company to monetize the intangible value it had created. The founder's dilemma was whether to pursue such an opportunity and risk diluting its mission.

The phenomenon of speaking on behalf of another individual or entity in an organizational setting is known as managerial ventriloquism. When managers engage in this behavior to excess, it can undermine their credibility and authority with their colleagues. The authors of this article conducted an ethnographic study on managerial ventriloquism and use the results to explain how this behavior works and suggest strategies to employ it more effectively.