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LOGY.AI: Revolutionizing Oral Health Through Artificial Intelligence
Capitalizing on the digitalization trend, Logy.AI captures a substantial market in the Indian and Nigerian oral healthcare space, earning a revenue of US$110,000 in FY 2023. The company's international and domestic adoption, which exceeds 200,000 within a year, demonstrates its significant influence and growth potential, while the anticipated 173% growth in FY 2024 signals a clear path to profitability, steering toward financial sustainability while expanding its market presence. Priyanjit Ghosh, Co-founder and CEO of Logy.AI, recalls the path to building Logy.AI. While driving home from a party to celebrate his team's efforts and the impact their solution had made, the exchange of ideas between the founders sparks a profound thought about Logy.AI's way forward. How do they revolutionize the oral healthcare market for their growth journey? Should Logy.AI look beyond oral care to explore AI solutions for other healthcare problems? Should they penetrate new markets with the AI-based oral detection solution they already have? What should be their growth strategy and operating model? -
Snow Valley Resorts: Revisiting the Service Blueprint
On July 10, 2023, a Snow Valley Resorts co-owner was reviewing his organization's first quarter financials for fiscal year 2022-23. Snow Valley Resorts was founded in 1993 in the Indian state of Himachal Pradesh, when the first of the group's four resorts, Snow Valley Resorts Manali, was built among the Himalayan mountain range with panoramic views and pleasant weather. The co-owner had set a goal to increase the organization's revenue growth rate to nearly twice the previous year's rate, but he realized several issues had to be addressed first. Technology and operations at the four resorts needed to be integrated. Communications and transactions had to be smoothened. Actions had to be taken to address various issues raised in the customer feedback. Service quality had to be improved at each of the four resorts. Overall, the ripples of customer complaints had to be converted into guest satisfaction by taking appropriate measures. -
Love Inventory: Business Ecosystem Governance of an E-commerce Platform
Shanghai Zhongdan Information Technology Co. Ltd. (SZIT), established in 2017, was an e-commerce firm focusing on the flash-sales industry. Helping clothing brands clear their inventory quickly, SZIT rapidly attracted a large number of brands and successfully built a business ecosystem that included platforms, brands, shopkeepers, and consumers. To achieve success for all parties, SZIT took a series of measures to empower ecosystem members, such as helping brands build private traffic pools, providing one-stop services for shopkeepers, and reducing financial pressure for shopkeepers. These measures met the needs of different types of stakeholders and enabled SZIT to develop quickly and become a unicorn in the e-commerce industry. To continuously increase user traffic, SZIT developed the Xiang Store WeChat Mini Program to attract public traffic and ease the bottleneck of private traffic. However, SZIT now faced a new problem: determining how to balance the proportion of public traffic and private traffic. -
Can The Bank of Japan Continue to Maintain Yield Curve Control with Rising Inflation?
This case presents a comprehensive overview of the BOJ's ultra-easy monetary policy which started in 2012. After years of sustained government and central bank intervention, Japan's monetary policy has reached a critical stage. Then world questioned how the BOJ's new Governor, Kazuo Ueda can find a way to extricate the nation from years of economic inertia, stimulate domestic consumption, boost GDP growth, and stabilize inflation at a 2% threshold. And world questioned this could be achieved without damaging the global economy. On March 19, 2024, with prices seemingly on track toward the bank's goal of sustained 2% inflation, Japan's persistently weak yen and robust wage hikes offered by Japanese companies, the BOJ ended the negative rate policy (NIR) and raised interest rates for the first time in the past 17 years. The BOJ also ended its yield curve control policy (YCC) of keeping 10-year Japanese government bond yields at around 0%. It has fulfilled their roles but will continue the large-scale monetary easing (QE). The BOJ's policies have stood in contrast to other central banks, which have raised rates sharply over the past two years to combat inflation sparked by the COVID pandemic, the Ukraine war and supply chain issues -
Dialogue in the Dark (DiD) China: Managing Diversity through Lessons in the Dark
This case is designed to help students understand how to manage diverse employees with unique strengths and weaknesses. It features the Dialogue in the Dark ("DiD") China organization, a social enterprise franchise that employs visually impaired people to guide visitors as they experience daily life tasks in pitch-black. After briefly introducing DiD's origins in Germany and DiD China's founding story, this case describes how its founder, Shiyin Cai, managed the organization with an emphasis on selecting the right employees, providing training for their personal development, and giving employees opportunities to build self-confidence. Furthermore, this case explores how Cai considers the diverse perspectives of her employees and establishes personal relationships with them to develop enabling conditions that can help them thrive in both this organization and society at large. On December 16, 2021, the tenth anniversary of DiD China, Cai reflected on her past experiences. A month prior, had falsely reported to authorities that DiD Shanghai's operation was in violation of the fire code, an accusation that intensified the existing financial struggles caused by the COVID-19 pandemic. Through the ups and downs, Cai reflected on the challenges and rewards she experienced with founding DiD China. More importantly, on a personal level, she acknowledged her ongoing journey of learning and growth as a leader. -
Bosch China: Building a Coaching Culture
This case delves into the journey of Bosch (China) Investment Co., Ltd. (hereinafter "Bosch China") as it looked to establish a coaching culture across three distinct phases: "initiation, development, and one step further". It presents the background, challenges, reflections, and strategies entailed in this pursuit while exploring the way forward for its coaching culture as Bosch China approached the fifth anniversary of its Coach Club. In mid-2016, Bosch China introduced the "Coaching Practice of Leadership" course to facilitate its transition from traditional manufacturer to IoT-oriented tech firm while nurturing the required talents. However, the initiative met skepticism from executives right from inception. Through partnerships with external coaches, engagement of internal business executives, and operations of the coach club, Bosch China managed to get more and more employees to embrace the concept of "coaching". As the company continued its journey, industry changes and pandemic disruptions posed substantial challenges, prompting Bosch Group to scale back China investments. Faced with slashed training budgets, Bosch China internalized coaching courses. It introduced team coaching to extend the reach of coaching leadership to a broader group of mid-level managers and business divisions. While the coaching culture took shape, the company made several trade-offs, exemplified in sections like "local identity vs. global alignment", "independence vs. ICF accreditation", and "taking proactive action vs. responding to needs". After five years of exploration, Bosch China's efforts to foster a coaching culture yielded tangible outcomes. Internally, this practice garnered recognition from executives like Han Dongli, Vice President of Bosch Intelligent Manufacturing Solutions China, and contributed to business growth in the divisions concerned. Externally, it earned accolades like the Ram Charan Management Practice Award and the ICF Germany Prism Award. -
Transforming a Region: Gothenburg's path from Shipyards to E-Mobility
The case profiles the economic development of the Gothenburg region in Western Sweden, and the efforts of the regional economic development agency. During this period the region's traditionally strong automotive cluster started to transform towards e-mobility technologies. The case discusses the role of Business Region Göteborg (BRG), the regional economic development agency, in this process. The case includes exhibits with some key facts about the regional economy, the institutions engaged in economic development in the region, and the structure of BRG. -
Lyft 2023: Roads to Growth and Differentiation
New CEO David Risher evaluates new strategic pathways while asking how much change his team can withstand in a given period. -
Allbirds China: Sustainable Footprints into an Emerging Market
The case describes how Allbirds, a U.S. eco-startup that entered the booming footwear market in China, met with challenges in putting their global perspective into local practice. This teaching note is designed for a 90-minute teaching plan, where students could impersonate the protagonist in this case, Brandy Yu, managing director of Allbirds China, and follow her footprints with the new venture's market expansion in China since she joined in 2021. Allbirds was a San Francisco-based startup founded in 2015, which innovated the ways how shoes were made and sold. The company opened its first store in April 2019 at Shanghai, China, also the first in Asia. Brandy Yu in this case could inspire students through the decision-making processes in various challenging scenarios, such as where to find "China Charlie" and how to engage them, how to channel constrained resources into building product leadership and customer intimacy, whether they could "copy-paste" Allbirds' Go-to-Market strategy in China, and most essentially, how to maintain a sustainable balance between localization and internationalization in both marketing strategy and organizational management. -
AMC: The Zero Revenue Case
The onset of the Covid-19 pandemic put theatre company AMC's already perilous financial situation under even further strain. The company's high levels of debt resulted in a monthly cash-burn which left it facing an imminent Chapter-11 filing in the absence of significant capital raises. This case raises practical and ethical questions about the measures taken by management to stave off bankruptcy, including at-the-market equity issues and preferred share issues. Should a management team issue equity if market prices seem overvalued, as was the case when AMC was characterized as a meme stock? If common shareholders do not approve an increase in shares outstanding, can managers issue preferred shares if permitted by the corporate charter? Should insiders sell their own shares while issuing shares to the public? -
Supercell 2.0: Clash of Plans
Founded in 2010, Supercell was a Helsinki, Finland-based mobile gaming company that had developed and launched five global hit mobile games: Clash of Clans, Clash Royale, Hay Day, Brawl Stars, and Boom Beach. The company's early philosophy was that it could produce hits by designing the company with a structure and culture that would prove compelling to the world's top developer talent. Developers worked in small, autonomous groups called cells with little oversight. The formula was a success. Supercell had nearly $2 billion in annual revenues, and Clash of Clans alone had generated gross revenues of over $10 billion since inception. However, the company had not released a hit game in five years. In early 2022, Paananen asked in a blog post whether Supercell's best days were behind it. As a result, in summer 2023, he and Supercell's leadership decided to restructure the company into two divisions-New Games and Live Games. The New Game cells would retain the small team structures, which were largely flat and non-hierarchical, but the Live Game cells would add more traditional structure and hierarchy to exploit franchise hits. Now, Paananen wondered if Supercell could continue to attract top talent despite its shift to more traditional ways of managing the business. As importantly, what would it take to restore the company's winning streak by originating more new games and growing its global blockbusters? -
Sonos Inc.: Product Development at the Speed of Sound
DIGITAL LEARNING EXPERIENCE COMING SOON. Kurt Preston, Vice President of Global Sourcing & Product Operations at Sonos Inc. (Sonos), had been considering a Joint Development Model for future Sonos products. In 2022, Sonos began to expand their product offering to target value-conscious consumers and grow market share with more modest price points. Historically, Sonos designed every aspect of their products in house and used Contract Manufacturers (CM) for production. A Joint Development Model (JDM) approach offered an opportunity to partner with the supplier to potentially decrease the product development time and cost. However, JDM meant giving up control of several aspects of the product design and this had many at Sonos very worried. -
New Zealand: Measuring What Matters
In the spring of 2019, Grant Robertson, New Zealand's finance minister, was in the process of developing New Zealand's first-ever Wellbeing Budget. The prime minister of New Zealand, Jacinda Ardern, had spoken publicly about her vision to rethink how the government identified and set its priorities. Ardern was poised to push against a decades-old practice of using a country's gross domestic product (GDP) as a proxy for the well-being of its citizens. Consequently, Robertson was tasked with developing a new budget that addressed growing concerns about the need for more holistic well-being metrics. What nuances of life in the modern world did GDP miss? What would it mean for New Zealand to place less emphasis on GDP when making policy decisions? What should be measured and included in the Wellbeing Budget in place of GDP? -
BharatPe: Governance Failure in a Start-Up
In May 2022, BharatPe, a startup,announced a revamp of its governance framework to address any potential risks associated with suspicious transactions in response to a prolonged dispute with its Co-founder and former Managing Director (MD), Ashneer Grover. The company, in December 2022, filed a civil case at the Delhi High Court, and a criminal complaint with the Economic Offenses Wing alleging misappropriation of funds, embezzlement, and other misconduct. As the controversy unfolded, BharatPe's board, primarily comprised of multinational venture capital funds, came under scrutiny, with governance experts questioning their responsibilities and level of accountability. Did the board allow governance issues to persist for an extended period? -
Peloton Interactive Inc.: A Push to Keep Users Pedalling
The case centres on the pricing and business model challenges facing Peloton Interactive Inc.'s new CEO, Barry McCarthy. With the decline in demand post-pandemic, McCarthy must make pricing and product decisions that balance revenue, profitability, and changing consumer dynamics. The case prompts students to assess McCarthy's options through a behavioural lens, considering the importance of behavioural biases in consumer decision-making and the alignment of the business model and marketing efforts with the target consumer's decision-making process. -
El-Dandara Tribes: Female Empowerment in Arab Tribal Leadership
The case explores the challenges faced by the leader of the El Dandara tribes in Egypt, as he confronts the disappointing results of an assessment on the status of women within his tribe. Despite being praised for his leadership style, the assessment reveals a significant gap in female empowerment within the tribe. Hashem, known for his transformative initiatives, had initiated a project to uplift women in his tribe. Now faced with the need to reassess and improve the project, Hashem must navigate the complexities of tribal leadership, cultural norms, and the urgent need for female empowerment. This case helps students understand the importance of culture for leadership by providing insights into Western and Arab leadership practices. -
Saera Electric: Electric Three-Wheelers in India
Nitin Kapoor, the managing director of Saera Electric Auto Pvt. Ltd. (Saera Electric), a leading three-wheeler electric vehicle (EV) manufacturer in India, was excited to capture the opportunity brought about by some recent favourable regulatory developments in the Indian EV sector in early 2015. Although Nitin, along with his father, Vijay, had spearheaded the growth of Saera Electric despite several difficulties, the new developments were compelling Nitin to reevaluate Saera's playbook. This case examined the strategies adopted by Saera Electric for transforming an innovative idea into a final product and explored the various opportunities and challenges associated with competing in a BoP market segment in a larger emerging-market context. -
Casing Petrochemicals Limited: Reviving Growth in Turbulent Times
Casing Petrochemicals was a leading importer of Petroleum Derivatives (such as Base Oil), Chemicals and Refrigerants in India. With 90% of the firm's revenue and profits contributed by the Petroleum Business, the other businesses were secondary in nature. The firm through procurement contracts with refineries in Southeast Asia and the Middle East imported base oil and then sold in bulk to institutional buyers across various industries such as automobiles, steel, and consumer companies. . Covid cases had begun to rise again and Indian states had already declared lockdowns. With Crude Oil prices also expected to remain volatile, the future of the firm was at stake. -
Avocados from Mexico: Success in an Omnichannel World
Avocados from Mexico (AFM) is a marketing organization that exists to 1) build brand equity for avocados exported from Mexico to the United States and 2) increase category consumption. In preparing for 2022, after several years of successful advertising campaigns, the AFM decided to develop its next omnichannel strategy. A critical part of this decision was whether the company should continue to tout its product in Super Bowl advertisements. Although the organization had advertised in the Super Bowl from 2015 through 2020 as a media channel, the Super Bowl was growing in expense. Moreover, in 2021, AFM did not advertise in the Super Bowl yet achieved considerable success, calling into question the importance of Super Bowl advertising's role in the brand's omnichannel strategy. -
The CHIPS Program Office
In February 2023, U.S. Commerce Secretary Gina Raimondo weighed signing off on a Notice of Funding Opportunity ("NOFO") with at least one unconventional provision: a pre-application ("pre-app") to the actual application for parts of $39 billion in direct semiconductor manufacturing incentives. The funding had been made available through the U.S. Department of Commerce by the CHIPS and Science Act ("CHIPS") passed a few months earlier. Her team had also proposed additional measures for the NOFO. They'd added upside sharing provisions to align incentives. They'd included funding milestones so that only awardees making progress would receive additional funds. And they'd drafted a rolling process, so apps didn't have to be evaluated all at once. Each mechanism, along with the pre-apps, they hoped, would help regain U.S. technological leadership while protecting taxpayer funds. Raimondo would have to decide whether the NOFO as conceived set the stage to do precisely that.