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  • Campa Cola: Can It Create Fizzy Memories Again?

    In March 2023, Reliance Consumer Products Limited announced the relaunch of Campa Cola, an iconic soft drink brand in India that was discontinued almost two decades earlier. The company acquired Campa Cola for US$2.7 million in 2022 to capitalize on the brand nostalgia and the appeal of a domestic brand offering high-quality aerated beverages at affordable prices, believing that Campa Cola had a deep connection with Indian consumers due to its unique taste and flavour. However, to be successful in the competitive market dominated by two global giants in the soft drink industry-The Coca-Cola Company and PepsiCo Inc.-Reliance Consumer Products Limited had to craft a meticulous strategy that should address three significant challenges: create a customer value proposition, set the right pricing strategy, and trigger brand nostalgia to appeal to all market segments across generations. However, the company would have to take a leap of faith and assume a great risk. Could Campa Cola emerge as a viable competitor in India's soft drink industry?
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  • Cathay Pacific: Positioning for Competitive Advantage

    Cathay Pacific was founded in Hong Kong in 1946. As of July 2023, Cathay Pacific passenger and cargo airlines offered scheduled services to 81 destinations in 30 countries and regions worldwide, including 14 destinations in the Chinese Mainland. The group also served an additional 131 destinations in 21 countries and regions through code-share agreements. Effective January 1, 2023, Lavinia Lau was appointed chief customer and commercial officer and executive director on the board of Cathay Pacific. In August 2023 she faced the decision of what to propose to position Cathay Pacific to achieve its ambitious vision of becoming one of the world's greatest service brands. What was the current positioning of Cathay Pacific relative to other airlines? Who should its target customers be? What should its message be to appeal to those target customers?
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  • Starbucks Corporation: A Bittersweet Reputation Recovery (Digital Learning Experience)

    In April 2018, following an in-store incident in Philadelphia that resulted in the unwarranted arrests of two Black men, Starbucks Corporation (Starbucks) faced a severe public relations crisis. A video of the incident, posted on Twitter, quickly generated widespread attention, online criticism, and in-person protests from people who accused the coffee giant of having exhibited racial bias. Within a few days, Starbucks shared press releases that featured its chief executive officer personally apologizing and taking responsibility for the incident, which had resulted from a single employee's actions. The chief executive officer also announced that US Starbucks stores would close for an afternoon, for racial bias training and education. Although many public relations experts and customers commended Starbucks for its response, others continued to criticize Starbucks, claiming that its response wasn't genuine but merely an attempt to protect reputation and avoid losing business. Further, while the training may have yielded positive education for employees, was it enough to prevent similar incidents from occurring in the future? What could Starbucks do to demonstrate its intentions were genuine? How could it correct its mistake, address the root cause to keep customers' trust, and thrive as the world's largest coffee retailer?
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  • Victoria Mutual Building Society: Taking Stock

    In 2012, the Jamaican economy was in a crisis. It had an estimated debt-to-gross domestic product ratio of 147 per cent. To alleviate the crisis, the Jamaican government signed both an extended fund facility for US$948 million, in 2013, and a precautionary stand-by arrangement for US$1.64 billion, in 2016, with the International Monetary Fund (IMF). As a condition of the IMF loan, the Jamaican government agreed to an economic reform agenda with requirements that included the harmonization of prudential standards across all deposit-taking institutions (DTIs) and consolidated supervision. Consequently, in 2014, the Government of Jamaica passed the Banking Services Act (BSA), which became effective September 30, 2015. Prior to the BSA, the financial services sector was fragmented. Banks and DTIs were regulated by the Bank of Jamaica (BoJ), Jamaica's central bank; building societies, though supervised by the BoJ, were governed by the Building Societies Act, while credit unions were self-regulated through the Jamaica Co-operative Credit Union League.<br><br>In December 2020, Courtney Campbell was the chief executive officer of the Victoria Mutual Building Society (VMBS), a mutual company (i.e., a company owned by its depositors). He had to decide on the future direction of the company under the new regulations and the pending implementation of new measures. The decision came at a time of great external uncertainty, as COVID-19 was still ravaging the world and there was no vaccine yet approved.
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  • Can Families Conquer Private Equity? Pritzker Private Capital

    Anthony (Tony) Pritkzer, Paul Carbone, and the Pritzker Private Capital (PPC) team wondered how to approach the firm's next phase of growth. PPC was a private equity firm that offered a differentiated approach to the family capital market. Back in 2016, the partners had decided to introduce third party capital into their stream of funds, ultimately allowing for bigger and more successful deals. Despite their financial gains, PPC knew that their initial success could easily be forfeited. Much was to be considered: addressing regulation, maintaining PPC's family-first image, and preserving Tony's entrepreneurial spirit were only but a few challenges to be faced. How should the team advance, given the additional obstacles that come with PPC's model?
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  • AGENTS.inc: Pathways to Growth at an AI Startup

    The case describes the history of AGENTS.inc. Despite being a small startup, with only four employees, that had never had a funding round, the company boasted an impressive client portfolio including multiple Fortune 500 companies. While AGENTS.inc had been an early mover in the AI agent space, the company faced increased and well-funded competition in 2024. The founders needed to raise a seed funding round, to decide if they should continue their B2B model or change to focus on creating a digital agent store, and if they should release their software to open source. If they did so, they needed to decide what to make open source and what to retain as proprietary.
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  • CPP Investments - The Road to Zero

    In February 2022, Canadian Pension Plan (CPP) Investments, the investment management organization that managed funds for the CPP, one of the biggest pension plans in the world, announced a net-zero commitment for its portfolio by 2050. Under its CEO, John Graham, it outlined key actions to get there but pleasing stakeholders on all sides was a tough ask. While some lauded the fund's efforts, others questioned its decision not to set interim emissions reduction targets and to continue to finance fossil fuel firms. In practical terms, executing on the firm's sustainable investing approach meant making appropriately weighed investment decisions daily, a complex exercise. In mid-2023, one such investment under consideration was Aera Energy, a California oil and gas asset transitioning to a green business model-renewables and carbon capture and storage.
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  • Gtropy: Up or Out in This New Digital World?

    In late 2020, Harman Singh Arora, the chief executive officer of Gtropy Pvt. Ltd. (Gtropy), a logistics technology provider in the logistics and transportation space, was considering the company's future. Gtropy had disrupted the market with its GPS based fleet management solutions complemented by exhaustive data analytics since it was formed in 2019. The company's quarterly growth was 40 per cent and they had a network of 350+ partners. However, Arora found in customer satisfaction surveys and feedback, that their clients were looking for centralized platforms for making all payments digitally and seamlessly. Arora sets his eye on big-ticket financial technology segment. However, his senior leadership team were not in the favour of moving so fast on Arora's risky and difficult plan. But in this digital world of up or out, it was time to focus on the elephant in the room: Where should they invest its time and resources?
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  • Emtec: Culture, Acquisitions, and Co-innovation as the Upstream Future for Midmarket Firms

    In 2022, Emtec Inc., an information technology and digital services firm located in Florida, was at a critical juncture. The company had seen immense success as a hardware reseller and managed services provider to government agencies and midmarket companies in the US. But Dinesh Desai, the founder and former chief executive officer, was concerned about decreasing profit margins and intensifying competition in the current reseller and managed services business. Low barriers to entry were adding new entrants and competition on pricing as well as affecting the ability to acquire and keep talent. Furthermore, the pace of technological change influencing newer offerings such as cloud and custom development was creating significant uncertainty. For Desai, the question came down to the following: Stay the course and build upon established services or pivot to a different mix of offerings? The pressure to chart a new path was very important, given the uncertainty about the future and the cutthroat price-based competition in the market.
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  • AbhiCure: Delivering Health Services with Technology

    AbhiCure was an online health care platform facilitating consultation between patients and doctors. It enabled individuals to be treated by doctors from their own homes by phone call, online chat, or video consultation with doctors supported by AbhiCure's team of paramedics. The company aimed to simplify the entire health-care ecosystem and add value for all stakeholders, including patients, doctors, pharmacies, clinics, and hospitals. However, with competition intensifying in the telemedicine sector, the company's senior management was concerned about which growth strategy to adopt for the future and was considering product diversification, product development, market penetration, and market development strategies.
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  • Sabar Aart Farmer Enterprise Producer Company Ltd.: Using Process Costing to Set a Price

    Shrikant Patel was the manager of Sabar Aart Farmer Enterprise Producer Company Ltd (SAFE), located at Khedbrahma, in the Sabarkantha district of Gujarat. Patel knew that members of the farmer producer organization (FPO) were working laboriously but were still not able to generate high incomes. Organic cultivation of only a single crop in fertile land once a year did not boost their incomes. Passionate about agriculture and social work, he wanted to encourage the FPO members to adopt multicropping and increase their incomes. He identified turmeric as one of the crops that was not grown in the Sabarkantha region. Thus, growing turmeric along with creeper vegetables would not only ensure a steady income for the FPO members but would also provide the FPO with first-mover advantage in organic turmeric cultivation in the region. Patel, not being an expert in accounting, needed support from advisers to determine an accurate price for the turmeric powder from one kilogram (kg) of raw turmeric input.
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  • Caring Caps: Sustainability of a Community of Healing

    This case explores the unique challenges social entrepreneurs face in balancing social impact and growing their market reach. Jane Bloom, founder of Caring Caps, is passionate about this social cause and built a culture of giving back into the mission and vision of the organization. But operating a non-profit with the goal of growing can create significant strain on a founder and volunteers. The organization in this case provides knitted caps for cancer patients and fully embraces the inclusion of social mission, purpose, and vision into its everyday operations to create a significant social impact of individuals battling cancer.<br><br>Caring Caps has had minimal awareness since its inception in 2013 and is looking to evolve into something beyond a community within a synagogue and to provide its "comfy" caps to more hospitals and cancer centers to reach those in need. One of the biggest challenges is to identify a growth model for Caring Caps to stay sustainable. What should Bloom do to position Caring Caps for future growth? What marketing should she consider?
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  • ONDC: Reimagining Digital Commerce in India

    The COVID-19 pandemic accelerated the adoption of digital commerce in India, and, in doing so, it exposed serious inadequacies in the country's e-commerce system. Through outreach programs to small sellers and entities in hyperlocal supply chains, the Department for Promotion of Industry and Internal Trade in India identified a substantial gap between the quantum of online demand and the local retail marketplace's capability to meet this demand. Established e-commerce giants had developed ways to maintain and increase their dominance and maximize profits, while small and fringe companies struggled to establish a place for themselves in the e-commerce marketplace. The Open Network for Digital Commerce (ONDC) was a first-of-its-kind initiative to create an open, all-encompassing, and competitive online marketplace in India. The network, which conceptualized itself as offering equal opportunity to all sellers, promised discoverability of digital commerce stores across industries through the use of network-enabled applications. The network was designed to provide a level playing field for sellers and to ultimately democratize digital commerce in India. The benefits of digital commerce would percolate among consumers across socioeconomic strata and even reach remote geographic locations. The intent was to implement ONDC on a population-wide scale and make it a public utility. To truly democratize e-commerce in India, ONDC would be required to incorporate millions of digitally excluded small retailers. For this to happen, the transactions on the network needed to be seamless, customer trust had to be won, and a proper grievance redressal mechanism had to be put in place. Although the initiative had gone through the alpha- and beta-testing phases and was now live in select Indian cities, a certain degree of merchant onboarding and customer involvement was still essential to get the process underway.
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  • Ballard Power Systems in 2024: What Is Next?

    Ballard Power Systems Inc. (Ballard) was a pioneer and world leader in hydrogen fuel cell power system development and commercialization, employing over 1,100 employees worldwide, with operations in China, Europe, and North America. However, despite its strong revenue growth, Ballard had failed to report positive operating income since 1993. At the end of 2022, a new round of government support for green technologies had the potential to change things for Ballard. The company now faced the question of whether to expand its operations in China, previously its major market, or shift its focus more toward North America and Europe. Factors to consider included geopolitical tensions and government funding. What steps should Ballard take next?
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  • Tesla in 2023: Crafting a Strategy for the Indian Market

    In July 2023, Tesla, Inc. (Tesla), a global leader in the manufacture and sales of electric vehicles, needed to formulate its entry strategy in India. Tesla's chief executive officer, Elon Musk, had met Indian Prime Minister Narendra Modi on his visit to the United States in June 2023 and expressed optimism about India as a market for Tesla. This development was in sharp contrast to the events of just over a year earlier, when Musk and Tesla had expressed disappointment with the Indian government's policy of heavily taxing imports of fully assembled Tesla cars and had seemingly abandoned their plans to enter India, at least in the short term. Despite the thaw in the relationship with the Indian government, Tesla's top management needed to get a number of critical decisions right if the company's entry into the Indian market was to be successful.
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  • Jwell: Integration of Blockchain into Its Warehouse Management System

    Chengdu Jwell Co. Ltd. (Jwell) was established in July 2013 as a subsidiary of Pangang Group Investment Co. Ltd., a prominent state-owned enterprise. Jwell served as a comprehensive service platform, facilitating transactions, payments, and billing for various commodities, including steel, vanadium, titanium, and chemicals. Its digital transformation journey began in 2015 with the launch of its e-commerce platforms, and currently, its warehouse management relied on a smart warehouse chain based on digital warehouse technology. However, this approach faced challenges with respect to the real-time sharing of information about cargo and financial data and the lack of adequate support for security in e-commerce transactions, which hindered Jwell's further development.
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  • Girlstakeover.Org: Non-Profit's Critical Proof-of-Concept and Adoption Strategies

    In September 2022, inspired by personal experiences, marketing executive Nicole Bezinski decided to set up GirlsTakeOver.org (GTO) after recognizing that teenage girls and young women in high schools and colleges in the United States were lacking coping mechanisms to help them manage increased stress and performance pressures. While schools received numerous new education program ideas annually, they were highly selective about which programs met the stringent criteria and were accepted. Consequently, Bezinski found herself with the challenge of proving that non-profit GTO offered students the self-management and coping benefits they needed. A high-impact proof-of-concept model was critical for GTO to receive serious consideration and acceptance by schools. Acceptance would lead to support, advocacy, and critical financial sponsorship from numerous stakeholders to enable GTO to launch and run operations in the first year. Bezinski had to finalize her proposal including the proof of concept before schools began accepting new education program applications.
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  • Royal Enfield (B): Harley-Davidson X440 Challenge

    Royal Enfield has maintained its dominance in the 250-750 cubic centimetre mid-size motorcycle segment in India. After a COVID-19-induced lean patch, the company's unit sales have skyrocketed to an all-time high of 834,895 units in fiscal year 2022-23. The demand for premium motorcycles is growing significantly, which bodes well for Royal Enfield. However, the market leader has been confronted with a big challenge. The alliance between Hero MotoCorp Ltd. and Harley-Davidson Inc. has launched the Harley-Davidson X440-the most affordable Harley-to take on Royal Enfield. Meanwhile, the alliance between Bajaj Auto Ltd. and Triumph Motorcycles Ltd. has unveiled the competitively priced Speed 400. The initial response to the new motorcycles has been overwhelming. What strategic options are available to Royal Enfield to maintain its market lead amid intensified competitive rivalry?
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  • Strategic Human Resource Leadership Development Journey: Leadership Development in a Phygital Context

    In March 2023, the founders of the Strategic Human Resource Leadership Journey were reviewing the program's great success across India since its launch in 2004. The initiative was intended to develop and prepare India's HR leaders for the future. With a strategic business focus, it instilled enduring personal and professional transformations in the program's participants. However, the outbreak of the COVID-19 pandemic in 2020 induced unprecedented changes for the program and across the world. The result was a shift toward a mix of physical and digital offerings, referred to as a "phygital" context. The program's architects recognized that there was a compelling need to modify the design of the initiative. In 2021-22, they offered a three-phase hybrid model that aimed to capture the best of both the physical and digital formats. However, participants lamented the lack of emotional connection and opportunities to develop deep relationships. How could the program leverage the new technology of the "phygital" world but sustain the emotional quality of the in-person residential format?
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  • Zerodha in 2023: A Pioneer Battles Challengers in the Post-Pandemic Era

    In June 2023, Zerodha, a leading player in India's discount brokerage industry, was at a crossroads. Founded in 2010 by Nikhil and Nithin Kamath, who were avid stock traders from a young age, the company had grown significantly by putting customers first. The pandemic and low-interest environment had provided a strong tailwind to the sector as well as the company, especially in terms of the number of customers and revenues. However, the competition was nipping at Zerodha's heels. Many start-ups offered similar technology interfaces, and some were funded by venture capital. A few were spending aggressively to court customers as well as tech employees. With a debt-free balance sheet built through several years of profitable operations, Zerodha could pursue strategies that required large spending, but the key question was: should Zerodha deviate from its time-tested strategy of being a cost leader and not following the herd in the new post-pandemic environment?
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