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Weibo: The Chinese Social Media Business Model
In 2012, Sina Weibo stood out from competing microblogging products and developed into the largest social media platform in China. However, in 2013, competition from WeChat, a lack of high-quality content, and the exposure of an excessive number of fake accounts led to difficulties for Sina Weibo. By addressing three aspects of user activity-content producers, content consumers, and the platform operator-Sina Weibo was able to get back on the right track. The platform went from a loss in 2014 to a profit in 2018. However, behind the prosperity, in January 2019, Sina Weibo was facing new threats-namely, the disappearance of Chinese Internet user traffic dividends and competition from rivals Toutiao and Douyin. Sina Weibo's chief executive officer had to determine how to deal with these new threats. -
GHCL Limited: Selling The Rekoop Story
Incorporated in 1983 in Uttar Pradesh, India, GHCL Limited had established itself by 2018 as a well-diversified group operating in chemicals, textiles, and consumer products segments. The home textiles division had launched a new line of bedsheets called Rekoop-a polyester fibre, extracted from recycled plastic bottles and combined with cotton to produce Rekoop bedsheets. The fibre also contained a DNA marker that enabled tracing of the product from fibre to finished product. The textile division was known for its low prices and weak business performance; to overcome that, the company believed that Rekoop could sell for higher prices and move the division's focus from volumes to margins. Rekoop could provide brand salience, visibility, and higher prices. However, the president and chief executive officer of the home textile division faced many decisions-what distribution strategy to follow, how to get stores and customers to buy the product, how to increase customer awareness, what price points to use, how to maintain brand salience, and above all which markets to enter. -
SK's Double Bottom Line: Challenges and Way Forward
SK Group, one of Korea's largest conglomerates, announced its Double Bottom Line (DBL) initiative in 2018. In January 2019, Chairman Tae-won Chey unveiled the company's pledge not only to monitor and report SK's social value, but also see social value account for 50 percent of the company's key performance indicators. This case study follows SK's shift to DBL management and efforts to place social value at the core of its business model. Social media and a hyper-connected society heaped unprecedented pressure on corporates to deliver value and to make sure no-one was left behind. To implement its DBL initiative, SK, a leading producer of energy, chemicals, telecoms, and semiconductors, needed to investigate how to measure social value created in all its business operations in monetary terms - whether value created (positive value) or value destroyed (negative value). SK began to measure its indirect contributions to the economy and business activity, in addition to social contributions like employee volunteer programs, and SK donations and CSR activities. These efforts covered all aspects of SK's operations, from the 3,600 SK-operated gas stations throughout Korea to water-free scrubbers designed to process impurities discharged during semiconductor production. The case also looks at SK's efforts to explore new institutional frameworks to multilateralize its social value agenda, to build a common and actionable approach to social value creation and measurement within the broader global business community. -
Marou: Producing High-End Chocolate from Bean to Bar in Vietnam
In 2011, Samuel Maruta and Vincent Mourou, two Frenchmen living in Vietnam, founded Marou to produce fine chocolate from bean to bar. Just seven years later, Marou had opened two shops in Vietnam and was exporting its chocolate to twenty countries, including the United States, France, Sweden, Japan, and South Korea. The company's brand and business model were deeply rooted in its commitment to using only locally grown cacao beans: Marou had forged close ties with small Vietnamese farmers to create a reliable supply of high-quality beans, vital to the production of exquisite chocolate. While highlighting the values and vision of the company's founders (taste, local purchasing, fair and sustainable trade, prudent and organic growth), the case outlines the company's efforts to secure its supply of cacao beans to ensure the high quality of the chocolate it produced. The case also describes the company's distribution and sales strategies both domestically and internationally. The winner of several international awards and lauded by the New York Times in March 2016 as producing "the best chocolate you've never tasted," Marou seemed to be well positioned in the high-end "bean to bar" chocolate niche. -
Engineering An Inclusive Bioeconomy
In 2019, entrepreneur Juan Carlos Castilla-Rubio was developing a project he hoped could generate and share wealth from the natural resources of the Amazon without destroying those resources. His idea, called Earth Bank of Codes (EBC), would create a library of the genomic codes of all known species that could be tapped for discovery and innovation, from new medical interventions to more efficient manufacturing processes. He proposed to use blockchain technology to make the data both accessible and trackable so that its use could be monitored. Castilla-Rubio envisioned a time when a company in the U.S. could access a biological asset from the Peruvian Amazon, develop and commercialize a product based on the asset, and have a fraction of the resulting sales land directly in the bank account of various beneficiaries, including the Peruvian government and indigenous communities. Now he was facing major decisions about how to structure EBC to achieve his goals. Should he start at the top and build partnerships with national governments and inter-governmental organizations as the cornerstone of EBC? Or would it be better to forge ahead with a few stakeholders in an entrepreneurial project? -
Starling Trust Sciences: Measuring Trust in Organizations
Stephen Scott needed to decide whether to keep his behavioral analytics startup in the people analytics sector or shift his company into the RegTech sector. Starling had develop technology that enabled its customers to anticipate and shape the behavior of their employees by examining company data on employees, including email traffic. Starling had struggled to grow in the people analytics sector while RegTech was an emerging sector that might provide better opportunities to grow. -
Anthony Soohoo at Dot & Bo: Bringing Storytelling to Furniture E-Commerce
An examination of the first few years of San Franciso-based, fast-growing furniture and home accessory e-commerce startup, Dot & Bo. -
Anthony Soohoo: Retrospection on Dot & Bo
A founder looks back at the issues at play in the final year of failed furniture e-commerce startup, Dot & Bo. He shares his perspective and learnings in the aftermath. -
Gun Safety in America: Three Leaders Propose Innovative Solutions
Gun violence was a significant problem in America. Three Harvard Advanced Leadership Initiative Fellows Christy Wood, Russell Sternlicht, and Gareth Glaser each decided to do something about gun safety. They each used their professional and leadership experience to identify their own solutions to the issue. Wood created a set of principles for investments funds to pressure gun manufacturers and gun sellers within their portfolios to adopt safety standards. Sternlicht designed a membership-based lobbying and advocacy group in order to harness the power of mass movements to create positive change. And Glaser founded a smart-gun company whose product could help reduce certain types of deaths and injuries. Would any of these three innovations move beyond the historical gridlock on gun safety? -
Alicia Keys
This case explores the life and career of Alicia Keys, the 15-time Grammy winning singer-songwriter and producer. Set in 2019, it covers the evolution of Keys's 18-year musical career and additional passions, including acting, entrepreneurship, social justice activism, and collecting art with her husband, rapper and music producer Swizz Beatz. Now a mother of two young sons and with no intentions of slowing down, Keys considers what the next phase of her life and career might hold. This case would be useful for students studying the music and entertainment industry. It also holds relevance for executives approaching the peak of their career and looking to make more deliberate decisions about time management and prioritization. -
The Wellness Institute: To Brand or Not to Brand
Faced with the challenge of continuing to differentiate the Wellness Institute from traditional fitness facilities, the executive director at the non-profit organization was considering undertaking a thoughtful and comprehensive internal and external branding exercise to improve and refresh its brand. The executive director found the inconsistencies of the current brand troublesome. She was faced with some potential opportunities she would like to explore by better understanding the organization's brand. But would her many stakeholders support spending money on a branding exercise and investing resources in an effort to impact a broader community? Could she justify the expense to her board? How would her staff react to the rebranding? Was branding the best place to invest resources to impact the broader community? -
Swisscom's Entry into the On-Demand Home Service Economy: Partner or Acquire? Rent-a-Geek from Mila (A) - Swisscom's Partnership with an On-Demand Home Service Marketplace Start-Up
Christian (Chris) Viatte, head of service experience and innovation at Swisscom, market leader in Switzerland's telecommunications industry, strode into his office and dropped into his chair. Some of Swisscom's top executives would soon be holding a meeting to discuss the company's partnership with Mila, an on-demand home service marketplace start-up. Under Chris's leadership, Swisscom and Mila had created Swisscom Friends, a service solution connecting Swisscom customers with vetted, tech-savvy people in their neighbourhood who could help them with small service requests. By 2015, Mila and Swisscom had built up a service crowd of more than 1,500 active "Friends" throughout Switzerland, and Swisscom now had to consider the future of what was still a purely contractual relationship. Should Swisscom partially or even fully acquire Mila? Should it withdraw from the partnership and offer the service on its own? Should it become more involved in Mila's management? This two-part case discusses the development and management of the partnership between Swisscom and Mila, particularly how Mila grew from being a contractual partner to a fully owned subsidiary of Swisscom. -
JetBlue Technology Ventures: Bringing External Innovation In House
Since its founding in the late 1990s, JetBlue Airways has been known as an innovator in the U.S. airline industry. This case explores how in the mid- to late-2010s, JetBlue sought to drive further innovation by setting up a corporate venture capital arm. Led by Bonny Simi, a long-time JetBlue executive, commercial airline pilot, former U.S. Olympian, and Stanford alumna, JetBlue Technology Ventures (JTV) seeks to bring external innovation in house. The case relates the history of JTV's establishment, details its investment decision-making criteria and processes, and examines the governance structures put in place to ensure strategic alignment with its corporate parent. Considerable attention is also paid to the ways in which JTV helps integrate into JetBlue Airways new technologies developed by the start-ups it invests in. Overall, the case assesses how JTV tries to achieve both financial and strategic objectives, which has historically been a challenge for corporate venture capital arms set up by other large companies across a variety of industries. -
Google: To TVC or Not to TVC?
In late 2018, evidence emerged that many of Google's temporary help agency workers, vendors, and independent contractors ("TVCs") were unhappy with the company. TVCs, who reportedly made up 49.95% of Google's 170,000 person global workforce, had raised concerns of mistreatment, citing instances of pay inequity, social exclusion, and physical endangerment. "Flexible" workers, such as TVCs, were often seen as a key cog for Silicon Valley's IT companies: they made workforces scalable, they helped firms get access to specialized knowledge for temporary projects, and they boosted innovation by creating "knowledge spillovers" between firms. But, at the same time, many onlookers worried that flexible work arrangements were aggravating social inequality and making more jobs precarious. Google employees, major media outlets, and politicians demanded that the company change its policies on TVCs. One suggestion was that Google convert all of its TVCs to full-time status by early 2020. As tensions reportedly escalated between Google's workforce and its management team, some began to wonder if Google was still an employer of choice. -
Cooking Down a Storm: Changing Culture at Pasta Serafina (A)
Plant management at Pasta Serafina, a pasta producer in the south of Italy, is struggling to contain employee absenteeism. While the misbehavior is concentrated in a minority of the workers, its effects impact not only the plant's performance, but also the climate and work environment. Embedded in institutional and legal environment that allows very little room for corrective action, and already dealing with persistent low margins, management decides to address the issue by asking the employees themselves to find a solution to the problem. The case exposes students to managerial challenges associated with curbing moral hazard and changing the company culture in a setting where standard legal and contractual tools, such as firing workers for performance or using incentives to influence behaviors, are not available. -
Engineering Company Culture at Zaimella Ecuador
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Keroche (A): Fighting for Share in the Kenyan Alcoholic Drinks Market
This case discusses the challenges faced by Kenyan alcoholic drinks producer Keroche Industries Limited in 2003, when the Kenyan government accused the company of manufacturing and selling substandard alcoholic drinks, revoked its liquor licenses, and shut down its manufacturing facility. At the same time, the multinational East Africa Breweries Limited (EABL) was planning to enter the same low-income market as Keroche. The husband and wife duo Tabitha and Joseph Karanja had founded Keroche in 1997 with the aim of providing Kenya's low-income consumers with a cheap and safe alcoholic drink alternative, since these consumers frequently turned to unregulated, informally brewed alcohol that could blind or even kill those who drank it. However, the government was now claiming that Keroche, too, produced substandard drinks. Tabitha Karanja was convinced that EABL was behind these government attacks. The case describes the history of Keroche and EABL, and asks what Tabitha Karanja might do now to combat the allegations of the government and respond to the factory closing. -
Pinduoduo
Founded in 2015 by serial entrepreneur, Colin Huang, Pinduoduo Inc. (PDD) had become China's fastest-growing e-commerce platform in history. PDD pioneered a new approach to online shopping that allowed shoppers to share products, invite friends to form shopping teams, and purchase together at discounted prices. The company's rapid development helped it debut on the Nasdaq in July 2018, only three years after its inception. The fast growth was partly boosted by PDD's heavy investment in marketing and branding, such as through coupons and promotions. How should the company make its competitive advantages more sustainable? Could its business model be replicated outside China? -
Netflix: A Creative Approach to Culture and Agility
By 2018, Netflix had been credited for revolutionizing how viewers consumed entertainment-shifting from ad-fueled linear network programming to a highly personalized, on-demand, all-you-can-consume, ad-free model. The company was riding a long wave of revenue and subscriber growth as it expanded internationally and into original production. From its earliest days, Netflix leadership had fostered a workplace characterized by such values as excellence, maturity, transparency, accountability, candor, and autonomy. The Culture Deck, later dubbed the Culture Memo, documented how Netflix's culture had evolved and enabled the organization to repeatedly innovate, disrupt, and pivot. The case examines the company's history and delves into ways leadership continues to nurture its unique culture through an emphasis on concepts such as "freedom and responsibility," "context, not control," and "highly aligned, loosely coupled." The case allows students to assess CEO Reed Hastings' view that the culture is capable of further scaling even as headcount surges and the company continues its expansion into new geographies and even more content production. -
Bill Connors and The Farm, a Comcast NBCUniversal Innovation Hub (Powered by Boomtown)
In 2017, Bill Connors, the President of Comcast's Central Division, launched a startup accelerator in Comcast's new Atlanta Regional headquarters. Comcast was America's largest cable and internet service provider, having built a profitable business bundling television content and delivering it via cable networks to more than 20 million households. The business was changing rapidly with the rise of streaming services, and Connors wanted to change the culture and orientation of Comcast's central division. Connors was getting ready to meet Burunda Prince, a candidate for the position of Managing Director of the new accelerator. Is she the right person for the job? The case explores structural questions for corporate startup accelerators, such as whether Comcast should hire another company to manage the accelerator and where the accelerator should be located. It also provides a basis for discussions relating to the role that a startup accelerator can play in a large corporation. This case can be taught as a standalone case, or with its counterpart, "Burunda Prince at The Farm, a Comcast NBCUniversal Innovation Hub (Powered by Boomtown)" which would follow this one and focuses on the operational challenges of launching a corporate startup accelerator.