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In November 2022, OpenAI launched the artificial intelligence (AI) chatbot ChatGPT on the web. Demonstrating the ability to understand human language and generate human-like, high-quality dialogues, answers, essays, jokes, and even poetry, ChatGPT attracted 100 million users within two months—setting the record of the fastest-growing consumer app in history. This case introduces ChatGPT and generative AI, elaborates on ChatGPT’s underlying large language models, examines the drivers of the technology’s rapid adoption, and investigates potential use cases, risks, and societal impacts. Finally, through an optional design exercise, the case leads the students to explore how the technology can shape the future of business and society.

Jonathan Gray, the head of Digital Assets at NorthCentral Bank, was tasked with deciding how the bank should approach the growing demand for cryptocurrency (crypto) investment products and services. As the fintech industry continued to grow rapidly and younger digital consumers expressed a desire for crypto-friendly products, the bank had to decide how to proceed. Gray considered three options: maintaining the status quo and not offering crypto products; developing investment-only products and services around digital assets; or becoming a meaningful ecosystem player by offering wallets and enabling users to acquire crypto assets and use them natively on blockchains. Each option had its own benefits and risks, and Gray had to decide which path is best for NorthCentral Bank to remain competitive in the rapidly evolving fintech industry.

In March 2020, as COVID-19 was declared a pandemic, Atish Banerjea, the chief information officer of Meta Platforms Inc. (Meta) was tasked during a high-stakes senior management meeting with moving the company online. Banerjea knew that the future growth of Meta was dependent on talent and digitally enabling workers. He wondered how he was going to digitize Meta’s office-centric culture, in which almost all recruitment, onboarding, and workforce management activities relied on in-person engagement and processes. Until that point, all of Meta’s focus—and Banerjea’s mandate—had been to enhance in-person work. Banerjea assembled a team to rewire Meta’s onboarding and employee experience processes. They would have to quickly lead Meta’s pivot to remote onboarding and remote work around the world at scale.

Established in 2020, Nurture.farm was a digital platform that focused on reimagining the next generation of sustainable technology-based solutions for agriculture. In June 2021, Nurture.farm’s chief executive officer Dhruv Sawhney and his team recognized a grave problem in northern India. Environmental hazards were being created from mass rice stubble burning, which was an inexpensive and quick way for farmers to clear their field for the next crop cycle. In response, Sawhney and his team conceptualized and executed India’s largest crop residue management (CRM) program. The organization’s initial success in providing its services to over 25,000 farmers and curbing the stubble burning problem gained international recognition and helped Nurture.farm earn several new partnerships within a year of operations.<br><br>By March 2023, Nurture.farm was hoping to scale up its CRM program and expand into over 800,000 hectares (2 million acres) of land, primarily in India’s rice paddy fields. In this mission, Sawhney and his team found themselves facing some difficult questions. Could they efficiently scale this mission-driven campaign to additional states? How could they convince and garner organic trust from farmers? Modern technologies helped Nurture.farm facilitate its operations, but what challenges could the company face in the future? What sustainable practices could help the company drive its CRM program?

In 2022, Ola Electric Mobility Private Limited (Ola Electric), a motor vehicle manufacturing company based in Bengaluru, India, was embroiled in a privacy controversy pertaining to the use of customer data. Ola Electric had voluntarily published the telematics data of one of its customers on its Twitter account. This was done in response to allegations by a customer whose son was involved in a serious accident while riding a scooter manufactured by Ola Electric. The company’s actions sparked Internet-wide discussions regarding data privacy, with numerous people voicing their distaste for its response. Moving forward, Ola Electric needed to take action to mitigate the effects of the controversy. Meanwhile, governments, companies, and consumers needed to understand their responsibility in relation to data privacy, given that data collection would become more prevalent in future.

Instructor Spreadsheet to accompany product no. W33552.

Instructor Spreadsheet to accompany product W33552.

In its effort to fight climate change, the Royal Bank of Canada (RBC) established its RBC Climate Blueprint, an enterprise strategy to accelerate clean economic growth and support its clients in a socially inclusive transition to net-zero. RBC holds itself accountable to this plan through its Environment, Social, and Governance (ESG) Performance Report, which quantifies the bank’s climate change actions. Any business activities that contradict RBC’s strategy may adversely impact the bank’s reputation. This study was carried out in response to a strategic decision-making requirement from RBC regarding Bitcoin and new technology investment. The case discusses the definition of cryptocurrency, the Bitcoin mining process, energy consumption associated with the mining procedure, and the impact of Bitcoin mining on climate change. After thoroughly describing and analyzing each topic, we will draw conclusions about the effects of Bitcoin mining energy consumption on climate change. At the end of the study, we will be able to answer this question: What environment-related reputational risk might RBC face if the bank were to support products and services around Bitcoin?<br><br>The Ivey Business School gratefully acknowledges the generous support of Pierre Lapointe, MBA ’83, in the development of this case.

Student Spreadsheet to accompany product no. W33551.

Student Spreadsheet to accompany product no. W33551.

<p align="justify">Two months after his January 1, 2021, appointment as chief executive officer (CEO) of NewCo, the code name for the soon-to-be spun off managed infrastructure services portion of International Business Machines Corporation (IBM), Martin Schroeter was faced with the daunting prospect of creating a distinct strategy and identity for a huge company in a very short time frame. Announced on October 8, 2020, by IBM’s CEO, Arvind Krishna, NewCo was a high-stakes strategic move to “create value through focus” and “increased agility to focus on evolving customer needs and delivery excellence.” Once spun off, NewCo would immediately become the world’s leading managed infrastructure services provider, with US$19 billion in revenue, 90,000 employees, and 4,600 customers, including more than 75 per cent of the Fortune 100 across 115 countries. With the spinoff expected to be complete by the end of 2021, Schroeter had only a few months to craft a strategy, recruit a leadership team, define a new identity for the company, ensure a “strong strategic relationship” with IBM, and bring thousands of customers and tens of thousands of employees into NewCo. Success required many pieces to come together rapidly and seamlessly. Schroeter was unsure how best to address these challenges. All he knew was that failure was not an option and that time was short.

Roku Inc. was launched in 2008 as a spinoff from Netflix. Inc. The company sold streaming devices—tools that transformed standard televisions into smart TVs—and operated a free advertising-supported streaming television service called The Roku Channel. Throughout the 2010s, Roku Inc. dominated the streaming device industry. In late 2022, however, the company was facing several challenges. Increased operating expenses from recent investments in content creation, coupled with an advertising recession, had led to declining profitability. In addition, the company faced increased competition from established technology giants such as Google LLC and Samsung Electronics Co. Ltd., in addition to the entry of major US telecommunications leaders such as Comcast Corporation and Charter Communications Inc. To maintain its market share and drive profitability, Roku Inc. could enhance its advertising capabilities, continue pursuing aggressive negotiation tactics, prioritize geographic expansion, further expand its product line, or seek a buyer. The company’s management team had to make decision.

Most IT systems are integrated—but not necessarily meaningfully enough to prevent a costly state of dysfunction.

Karen Wonders founded Maple Tree Cancer Alliance (MTCA) in 2011 as a non-profit organization in Dayton, Ohio, to improve cancer patients’ quality of life through an individualized exercise program. By early 2020, MTCA had enjoyed significant growth, crossing the geographical and administrative boundaries of several hospital networks in the United States. Funding from hospital networks was contingent upon the efficacy of MTCA’s exercise program, which could be established only through ongoing, rigorous data analysis. However, the old way of collecting and processing client data could not adapt to MTCA’s current size; as such, MTCA needed a new solution, and Wonders found herself reviewing four options.

Radius Synergies International Pvt. Ltd. (RSIPL), which came into existence in 2010, was a pioneer in implementing prepaid smart metering solutions in Delhi, National Capital Region (NCR), India. RSIPL was created as an independent entity to focus on harnessing contemporary technologies such as the Internet of Things (IoT), machine-to-machine (M2M) communication, cloud computing, and mobility and leveraging them for the energy market that its parent, Radius Group (Radius), had been serving through conventional products and solutions for more than two decades. Though the company faced many challenges with respect to the use and acceptance of the new technology, it had still been successful in implementing the solutions and had been able to achieve consistent growth in its annual revenues. On March 21, 2022, Mr. H. S. Singh, RSIPL’s managing director, had a meeting with his executive management team to discuss the strategy for expanding RSIPL’s smart metering solutions and leveraging the IoT platform developed for additional potential business opportunities. Should the company try to obtain external funding? Should it focus on increasing market reach for existing products and solutions or venture into new products or services that could be spin-offs of the IoT platform and expertise developed so far?

The chief technology officer of a leading pharmaceutical distributor in the US is facing a crossroads. Driven by the company’s mission of “reimagining healthcare,” his team has just conducted a pilot of blockchain. Having designed the blockchain and tested it in real-world conditions, the team is now keen to use it in the company’s supply chain. As the team leader, the CTO is grappling with how to move forward. How can he ensure he chooses the right business partners for incubating blockchain technology at Cardinal? And how can he ensure he chooses the right business processes for implementing blockchain technology?

Favarr.com was the brainchild of two Master of Business Administration graduates from Harvard Business School who were looking forward to their start-up dream. They aim was to solve a problem of cross-border delivery of items through an aggregator model, where travellers would sell spare space in their luggage to carry and deliver goods. The platform was in beta testing mode and available by invitation only. The founders were deliberating on various issues and challenges as they launched their online platform, and the possible available solutions to resolve them.

DingTalk was a digital platform launched by multinational technology conglomerate Alibaba Group Holding Limited. The predecessor of DingTalk, Laiwang, was initially intended to compete with social networking apps such as Tencent Holdings Limited’s popular WeChat. Laiwang failed to take off, so Alibaba quickly and agilely pivoted, steering DingTalk’s strategy to focus on business users instead of consumers. The vision for DingTalk became a digital platform for facilitating the transformation of both small- and-medium sized enterprises and a digital operating system for large corporations. However, in a climate of constantly-evolving business and social environments and needs, DingTalk’s design and strategies needed to evolve as well. What strategy should DingTalk pursue for its future growth and evolution?

Alexion Pharmaceutical Inc. (Alexion), founded in 1992, was a biotechnology company that focused on therapeutics for rare diseases. As the company grew, it sought to scale operations to serve a growing number of patients and their families worldwide. The search began for an innovative, forward-thinking, strategic information technology leader to spearhead the effort. In 2015, George Llado was hired as senior vice-president and chief information officer. Llado realized that big data and analytics could play a unique transformational role in identifying customers to accelerate sales growth and realize the mission to save lives. He wondered if analytics enabled through cloud computing, a new kind of data platform, and betting on technology start-ups could accelerate patient identification. When he joined Alexion, Llado faced a unique set of related challenges, including (a) applying analytics in a highly regulated industry, (b) rapidly creating a new type of integrated data platform, (c) managing dysfunctional vendor relationships, and (d) balancing the role of data and analytics in relation to the traditional sales force approach in pharmaceutical firms.

<p style="color: white; background-color: rgb(3, 70, 56); font-size: 16px; display: inline-block; border: 0px rgb(197, 183, 131); padding: 4px 4px;"><a href="https://www.iveypublishing.ca/s/product/vcayr-managing-sexual-harassment-digital-learning-experience/01t5c00000Cd0NUAAZ" style="color: inherit; text-decoration: inherit;">AVAILABLE AS A DIGITAL LEARNING EXPERIENCE</a></p><br> In January 2019, a project manager at VCayr, a social service organization, reported to a board director, Adam Johnson, that another board director at VCayr sexually harassed her. Johnson was aware of the severity of sexual harassment and the significant harm it could have on all VCayr members and the overall organization. He had to decide how to manage the situation.