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  • Société Nationale Maritime Corse Méditerranée (SNCM): Sink or Sail?

    The case describes how a loss-making ferry company was brought back to financial health, modernised and recapitalised in less than two years, amidst a context of political pressure, stakeholder hostility and a €600 million fine from the European Union. The Société Nationale Maritime Corse Méditerranée (SNCM) was sinking under the weight of French blockades and belligerent unions. Ferries were hijacked and a million people took to the streets to protest against potential job losses, disrupting passenger services to/from Corsica at the peak of the summer season. In May 2014, Guillaume de Feydeau was appointed CEO to devise a turnaround plan to save the former state-owned company from bankruptcy. The new management team not only had to master the political and social intricacies of the situation, but time was of the essence: the majority shareholder wanted out and cash was running dangerously low.
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  • Building Uber's Product: The Human Challenge of Product Management

    The case follows Mina Radharkrishnan's career as a product manager and product executive in various digital environments. She launches her own start-up in 2016 and reflects on the lessons she has primarily learned at Uber, and earlier on at Google, Goldman Sachs, and ModCloth. Beyond leveraging technology to the benefit of potential customers, Mina would like to use her experience to build a team of product managers, facilitate collaboration between different stakeholders, and set priorities accordingly. The discussion explores the challenges that product managers and executives typically face and possible solutions.
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  • Benjamin Millepied at the Paris Opera Ballet

    In December 2015, barely one year into his tenure as the head of the Paris Opera Ballet (POB), celebrity dancer, choreographer, and entrepreneur Benjamin Millepied was caught in a storm of controversy. Hired to bring energy and modernity to one of France's oldest artistic institutions, Millepied laid out an inspiring vision of renewal and a strategy focused on developing new talent and enhancing the POB's social relevance and global visibility. In the process, however, he created turmoil. Promoting younger dancers in defiance of the established hierarchy, advocating diversity and social engagement, presenting the work of American choreographers instead of French classics, and openly criticizing the POB's restrained style pit Millepied against the established order . The case chronicles Millepied's efforts to transform the POB, focusing on the interplay between responsible leadership and organizational culture. Most organizations seek to balance business goals with social impact, urging employees to be inspiring and innovative, and bringing in outsiders with a "global" outlook to shake up "local" mind-sets. The case explores a fundamental issue for such endeavors to succeed: Responsible leadership entails more than a compelling vision. It also means sustaining a strong institutional culture while fostering diversity and innovation.
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  • Show Me the Money: Compensation at CEL

    In 2018, the leaders of Cisca Engineering Ltd. (CEL), a small engineering firm in Waterloo, Ontario, faced a decision about whether to go beyond their normal pay scale in order to hire a mechanical engineering candidate they desperately wanted. The company was struggling to attract top talent since its normal base salary capabilities were thought to be lower than those of larger firms. Considering the trade-offs, the company president weighed the potentially negative effect on overall employee morale with the advantages of having a needed new employee. Should he offer the candidate the pipe stress analyst position at a lower salary and risk being turned down? Should he offer the salary the candidate wanted and risk upsetting his other employees if they found out? Should he revamp his compensation system and increase salary levels for all of the company's engineers?
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  • Acelerex

    Headquartered in Boston, Massachusetts, at the Cambridge Innovation Center (CIC), Acelerex was leveraging technologies, such as big data and grid analytics, Artificial Intelligence (AI) forecasting tools, cloud computing, real time control systems, energy storage testing software, monitoring, and blockchain smart contracts, to provide consulting expertise and software-as-a-service (SaaS) products to a diverse group of stakeholders, including state and municipal policymakers, regulators, grid developers, utilities, and investors. Demand for Acelerex's services had outstripped supply, and, within a year, the company had grown to 14 professionals, with advanced degrees in multiple technical domains. Moreover, the company had made a profit in its first year, had achieved proof of concept and minimum viable products for all of its targeted services, and made sales along all business lines. But, cash flow had been a constant challenge because of slow-paying clients and rising fixed costs, while talent development had proved a "headache." Acelerex was Johnson's first start-up after 25 years of experience working with major firms and research institutions across all segments of the power sector, including generation, transmission, distribution, consumption, and storage. Having doubled in size for four quarters, he had set himself the challenge of doubling in size again, but he was going to take a year to do it. He was confident there was enough business in the USA to support this rate of expansion and that he could hire the team to deliver it, but was uncertain whether he should raise funds to resolve the cash flow pressure. He was also being asked to do more and more work in China, India, and Africa; did this make sense? And to add to his list of opportunities, he had been asked to provide similar services to transport, natural gas, and water networks.
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  • Bjarke Ingels Group

    Danish-born Bjarke Ingels is regarded as a giant in the field of architecture. He started his firm - the Bjarke Ingels Group (BIG) - in 2005 in Copenhagen. Fourteen years later, the firm has additional offices in New York City, London, and Barcelona and employs over 500 people. BIG is known for what Ingels calls "hedonistic sustainability," and its designs include a waste-to-energy treatment plant replete with a ski slope, and a multi-storied residential building where residents can bike to their apartments. In 2019, the firm is experiencing growth pains. Demands on Ingels and the firm's infrastructure are intensifying. Ingels and BIG's CEO Sheela Maini Søgaard, along with the firm's other partners, know the firm needs to adapt - organizationally and operationally - to be successful in the future. The case study provides background on Ingels, the creation and evolution of BIG, and the challenges the firm and its leadership face.
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  • The Homes Cycling Shop

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  • Air France: The Load Factor Puzzle in Business Class

    In late 2016, the marketing head at Air France India needed a strategy to acquire additional business-class customers. Although Air France India had been performing well in the economy-class segment, revenues in the business-class segment remained a challenge. Which customer group should the airline target to acquire more business-class travellers? How should the company increase its brand image for this target customer group? And how should the company reach out to these new customers? The marketing head also needed to decide whether the company should act alone and implement a strategy of direct marketing, pursue a partnership using a co-branding strategy, or utilize a combination of those options.
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  • Personal Budgeting Overview: One Last Pedicure

    A daughter teaches her mother how to handle her finances by creating a budget.
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  • Growing a Team at LandCare: Excellence in the Field

    In October 2018, Mike Bogan, CEO of LandCare, a nationwide commercial landscaping firm, was concerned about the significant headwinds facing not only LandCare but the entire landscaping industry at the time. As LandCare struggled to hire and retain employees who could prove their legal working status in the United States, it faced fierce competition from small firms, which frequently did not play by the same rules. Hoping to attract and motivate the right workers, Bogan enacted significant organizational change at LandCare after he became CEO in 2014; these changes included new practices and systems to improve performance, increase employee satisfaction, and drive cultural shifts within the organization. When Bogan saw positive results from his initial round of changes, he continued to expand. Readers are presented with Bogan's decision of whether to implement two additional organizational design elements: "jersey technology," which would allow him to accurately track individual movement and performance of his frontline landscape teams, and a daily pay system, which could potentially provide his lower-income workers with money on a more regular basis. Students must use their emerging understanding of the organizational design model (ODM) to consider each of these new systems and debate whether either system should be implemented.
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  • MarcPoint: Strategizing with Big Data

    As Shanghai MarcPoint Information Technology Co. Ltd. (MarcPoint) celebrated its fifth anniversary, its founder was quite pleased by what the company had achieved. MarcPoint was a start-up that offered marketing research services by analyzing user-generated content (UGC) with big-data technologies. The company had been successful and grown steadily since its inception in 2013. It was founded upon the realization that UGC was disrupting traditional marketing research and that big-data analytics provided the technological means to analyze the UGC efficiently and effectively. In 2018, the founder reflected on what MarcPoint's next steps should be: What technologies should they pursue? Which markets could they target for growth in the next five years? Should they try to transport MarcPoint's success to overseas markets? All in all, what needed to be done to sustain MarcPoint's growth and maintain its leading position in the turbulent technical and business environment?
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  • Charter Communications: Another Bid for Time Warner Cable?

    In the summer and fall of 2013, Charter Communications, the fourth-largest cable television company by market share, made multiple bids to acquire Time Warner Cable, the second-largest company, only to be rejected. Then, in late 2013, Time Warner Cable invited Comcast Corporation, the largest cable television company, to make a friendly bid. In February 2014, Time Warner Cable accepted Comcast Corporation's bid. However, a year later, in April 2015, the U.S. Federal Communications Commission recommended hearings on the merger case, signalling that the agency was unlikely to approve the merger. Following that announcement, Comcast Corporation terminated its proposed merger agreement with Time Warner Cable on April 24, 2015, which meant that Time Warner Cable was again available for a merger. At that point, Charter Communications had to decide whether to launch a new bid for Time Warner Cable. If so, what should Charter Communications do differently in this new bid attempt? This case is suitable for students in undergraduate capstone courses in strategic management and business policy, with a view on reinforcing the need to analyze strategic decisions such as mergers and acquisitions (M&A) from a richer and more nuanced perspective that includes not only the role of managements of the companies involved but also the role of interested industry players. It is best taught during the second half of the course semester, when corporate level strategies are being covered. This case is also useful in graduate business strategy courses discussing M&As, to broaden the analysis and to understand the role of multiple forces.
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  • LaCroix Sparkling Water

    Launched in 1981 as an "all occasion" sparkling water brand, LaCroix Sparkling Water has had a number of ups and downs as a brand. After being purchased by National Beverage in 1996, the brand was re-positioned as a new, colorful, fun alternative to the other sparkling water players at the time. As time passed; however, the brand was faced with internal turmoil as well as shifting customer expectations. How did LaCroix react to change both within the company and within the industry?
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  • LaCroix Sparkling Water (Abridged)

    Launched in 1981 as an "all occasion" sparkling water brand, LaCroix Sparkling Water has had a number of ups and downs as a brand. After being purchased by National Beverage in 1996, the brand was re-positioned as a new, colorful, fun alternative to the other sparkling water players at the time. As time passed; however, the brand was faced with internal turmoil as well as shifting customer expectations. How did LaCroix react to change both within the company and within the industry?
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  • Lovango Cay: Developing a Boutique Resort in the U.S. Virgin Islands

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  • Parrot: Navigating the Nascent Drone Industry

    In 2018, Henri Seydoux, CEO and Founder of Parrot, believed that his company was at an inflection point in its history. Parrot had been a European leader in consumer electronics since the 1990s, first developing Bluetooth kits for cars before moving on to electronic toys and, significantly, the AR Drone in 2010 - a remote-controlled quadcopter that was way ahead of its time. In the years that followed, Parrot's sales volumes and popularity quickly increased. But new players were entering the market. Giant Chinese rival DJI, in particular, aggressively lowered its prices, forcing weaker companies out of the market. If Parrot was to survive the shakeout, Seydoux would have to figure out how to compete in an industry where even well-capitalized companies were collapsing. The questions that he faced were both strategic and urgent. Where to compete and how to win?
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  • Squirrel AI: Learning by Scaling

    This case provides an overview of the founding and scaling of Chinese artificial intelligence-enabled adaptive learning company Squirrel AI. The case details founder Derek Haoyang Li's struggles to build and scale a comprehensive cutting-edge product and accompanying business model for China's large and growing after-school education industry.
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  • London Mining Plc: The Offer from Blackrock World Mining Trust

    On March 29, 2012, the chief executive officer of London Mining, an iron ore mining firm based in the United Kingdom, was considering an innovative financing offer from BlackRock World Mining Trust, an investment firm owned by asset manager BlackRock. The offer was a royalty agreement that would see BlackRock pay US$110 million to London Mining in exchange for 2 per cent of iron ore revenues from the Marampa mine in Sierra Leone. The company was looking at raising $250 million in debt and funding the remainder through a combination of free cash flow, convertible debt, or an equity issue. The opportunity to sell a portion of the revenues as part of a royalty agreement seemed appealing. The chief executive officer's challenge was to evaluate the advantages and disadvantages of agreeing to the royalty arrangement.
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  • Arcenciel: Bottle Caps for Wheelchairs

    In 2015, the director of the Lebanese non-governmental organization Arcenciel felt a surge of pride knowing that his organization's bottle caps project had created grassroots awareness of the importance of recycling. In recent years, Arcenciel had grown from an organization that supported people who were disabled and disenfranchised to become the largest recycler in the region. The organization had managed to create a synergy between its engagement on behalf of people who were marginalized and its activities to dispose of garbage in a sustainable and environmentally friendly way. The Lebanese public was encouraged to collect plastic waste; and in exchange for each tonne of collected bottle caps, Arcenciel would donate a wheelchair to a person with a disability who was in need. This initiative engaged thousands of people in joint collection efforts. The director wondered how the trust that Arcenciel had gained through the bottle caps project could be harnessed to bring about political change, and to place environmental and social issues in Lebanon on the national agenda.
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  • Midea Group China: The Acquisition of German Robotics

    In January 2017, the Midea Group Co. Ltd. (Midea), a China-based large manufacturer of electrical appliances, completed its acquisition of German-based KUKA AG (KUKA), a large manufacturer of industrial robots. To ease concerns about technologies falling into foreign hands, Midea entered into an alliance with KUKA that ensured KUKA's independence until 2023. However, within less than a year, KUKA experienced problems in its European and Asian markets. In China, it needed to lower costs. In Europe, a price war slowed down the orders, and the company had insufficient workers to meet demand in the United States and Asia. Some German automotive clients were losing trust in KUKA, and German employees worried about their job security. How could the two companies operate sufficiently independently to maintain their clients' trust, while being integrated enough to improve their efficiencies? How should they be prepared for the expiration of the alliance in 2023?
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