Bixby Casebank For COBE Faculty2
Bixby Casebank For COBE Faculty2
Bixby Casebank For COBE Faculty2
The following document contains a brief description of some 75 cases dealing with the above-mentioned issues in a business context, divided into separate categories, which represent the main substantive area involved in the case. Several of the ca1ses involve issues which cross the boundaries of different disciplines and are listed two or2 three times. These cases can all be accessed and viewed for free (by faculty, after registration) at the CasePlace website. http://www.caseplace.org/ Many of the cases also have a teaching note, which gives helpful suggestions for preparing and teaching the case. Then if the instructor wants to use the case in class, generally the rights must be purchased from the university which developed the case, although some are free to use.
Accountancy
1. The IASB at a Crossroads: The Future of International Financial Reporting
Standards
Source: Harvard Business School Year: 2011 Number of pages: 33 Authors: Karthik Ramanna, ; KarolMisztal; Daniela Beyersdorfer Abstract: What are the major challenges to the continued growth of IFRS worldwide? Should countries be encouraged to pursue "full adoption" of IFRS or should each country determine its own IFRS "convergence" strategy? Given the limitations of governance and information-intermediation institutions worldwide, should IFRS limit the use of fair-value accounting? How should the IASB respond to the growing power of emerging markets such as China in international standard setting? What lessons can be learned from the growth and development of IFRS for international harmonization of corporate governance standards more broadly? This case first describes the IASB's major accomplishments over the 2001-2010 period and then outlines the major challenges to the continued growth of IFRS as it enters its second decade. Download: http://www.caseplace.org/d.asp?d=6065
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samasama
This case is available for purchase from Harvard Business Publishing Case #: 111023, 111024, 111025
3. Asis Electronics
Source: Richard Ivey School of Business Year: 2011 Number of pages: 3 Authors: Lane, Henry W.; Wesley, David T.A. Abstract: The controller for Asis Electronics, a subsidiary of a European-based corporation, became concerned that Asis may have over-invoiced the government. After he is asked to sign the annual compliance document he must decide whether or not to report the irregularities through established protected communications channels that ensured confidentiality. The case is used in conjunction with International Farm Equipment Co., product #9B11M056, to introduce the Foreign Corrupt Practices Act (FCPA) and discuss its impact on corporations and managers. Download: http://www.caseplace.org/d.asp?d=6259
This item is available for purchase from Harvard Business Publishing Reference #: BH399
5. The Investment Bank Job: The U.S. Securities and Exchange Commission v. Goldman Sachs
Source: Kenan Institute for Ethics at Duke University Year: 2011 Number of pages: 18 Author: Schrieber, Andrew Abstract: On April 16, 2010, the Securities and Exchange Commission (SEC) charged Goldman Sachs and Vice President Fabrice Tourre with defrauding investment client ACA Management LLC (ACA) through the preparation and marketing of a financial product linked to subprime, or second-rate, mortgages. This financial instrument, entitled Abacus 2007-AC1 (Abacus), had been created specifically for an institutional client, John Paulson, the manager of the hedge fund Paulson & Company. When Goldman traders met with ACA they presented an array of possible mortgage investments from which ACA could select. As was made apparent in the subsequent S.E.C investigation, however, during its interactions with ACA, Goldman deliberately misled the company to believe that Paulson & Company was also investing in Abacus. In actuality, Paulson & Company was making the opposite investment wager, with the expectation that Abacus would lose money. Paulsons firm, with Goldmans assistance, was betting that the housing market would collapse. Coming on the heels of the financial crisis, this behavior epitomized to many the erosion of integrity within the financial industry that had occurred following the regulatory reforms in the 1980s and late 1990s. Observers point to a number of changes over those decades that contributed to a fundamental, and negative, shift in internal practices and organizational culture. These changes include a shift from the partnership model toward the publicly traded bank and a loosening of governmental regulatory reins. This case study examines the evolution of the modern financial industry and the organizational and structural shifts within Wall Street banks that led to the case against Goldman Sachs. Download: http://www.caseplace.org/d.asp?d=6126 This item is available from The Kenan Institute for Ethics. A Teaching Note is also available
Abstract: The owner of South Side Restaurant, a mid-upper class restaurant located in Chicago, Illinois, must decide which of the three bottles of wine to add to the restaurant's wine list. Given the restaurant prides itself on its environmental and social positioning and that its consumers have come to expect performance in this area, the wine's carbon footprint represents an important decision criterion. South Side Restaurant is a for-profit restaurant and the owner must balance this environmental criterion with short- and long-term financial return. This case assists students in understanding the business and supply chain implications of climate change and how to incorporate climate change risk into business decisions. Students have to calculate the carbon footprint of the three bottles the owner is considering and work this in to their decision. Students will need to decide which bottle of wine to choose by considering both environmental and financial criteria and the impending effect of the former on the latter. The case is intended for an 80-minute class and is particularly relevant in a supply chain management course, and environmental accounting course or a general management course covering business decision-making. The case is also valuable for specialized courses such as business and sustainability, corporations and society, business and climate change and business ethics. Download: http://www.caseplace.org/d.asp?d=6200
Business Ethics--General
1. Exit Strategy (A)
Source: Harvard Business School Year: 2011 Number of pages: 10 Authors: Rose, Clayton; Lelchuk, Justine Abstract: Jeff Brown wondered whether now was the right time to call his boss, and friend, Bernard Tubiana. Brown was a rising star at Deloitte Consulting and three weeks into an important project for Aflac. He was about to receive an offer from Aflac's major competitor, Colonial Life, to become its Chief Marketing Officer, a fact that could cause problems with his boss and jeopardize his bonus. Explores the practical and ethical issues involved in considering how best to exit a service-oriented firm when there are substantial client conflict issues. This item is available for purchase from Harvard Business Publishing Reference #: 311075
companies records of positive or negative ethical conduct determine their licence to operate in some markets Download: Business Ethics as Competitive Advantage.pdf
5. Survey: CEOs See Sustainability Shifting From Discretionary Choice to Corporate Priority
Source: In Good Company: Vaults CSR Blog Year: 2010 Number of pages: 4 Abstract: (no abstract but Bixby has the article)
7. Ethics Toolkit
Source: Ethics Resource Center A series of cases, articles, etc.
10. The Shakedown: Should Customer Strategy Solutions Pay Off the Tax Officials?
Source: Harvard Business Review Year: 2005 Number of pages: 5 Author: Bodrock, Phil Abstract: Customer Strategy Solutions, a California-based developer of order fulfillment systems, is facing a shakedown. Six months after the firm's CEO, Pavlo Zhuk, set up a software development center in Kiev, local bureaucrats say the company hasn't filed all the tax schedules it should have. Moreover, Ukrainian tax officials claim that the company owes the government tax arrears. Zhuk is shocked; he and his colleagues have done everything by the book. This isn't the first time Zhuk has encountered trouble in Ukraine. In the process of getting the development center up and running, a state-owned telecommunications utility had made it difficult for Zhuk to get the phone lines his company needed. Senior telecom manager Vasyl Feodorovych Mylofienko had told Zhuk it would take three years to install the lines in his office-but for a certain price, Mylofienko had added, the lines could be functioning the following week. Even as the picture of rampant bribery and corruption in Ukraine becomes clear, Zhuk still doesn't want to pull out. Of Ukrainian descent, he has dreams of helping to modernize the country. By paying his programmers more than they could make at any local company, he hopes to raise their standard of living. And yet, he isn't sure he can keep compromising his principles for the sake of the greater good. Should Customer Strategy Solutions pay off the Ukrainian tax officials?
Commenting on this fictional case study are Alan L. Boeckmann, the chairman and CEO of Fluor Corp.; Rafael Di Tella, a professor at Harvard Business School; Thomas W. Dunfee, the Kolodny Professor of Social Responsibility and a professor of legal studies at Wharton; and Bozidar Djelic, the former finance and economy minister of Serbia. Download: http://www.caseplace.org/d.asp?d=618
decide on a business model that was competitive. There was a data mining project that could bring all the funds Twitter needed to stay in business, make profit and compete with others. However, the founders were concerned that this project might be perceived to intrude on users' privacy, even in a company that was founded on the basis of sharing information publicly.
spanned seven sectors: information systems and communications, engineering, materials, services, energy, consumer products and chemicals. Economic turbulence had put a break on social and environmental investing for many other companies, but renewed Tata Groups commitment: the Group had recently revised its charitable giving, adopted a group-wide climate change policy, and separated its mandatory and voluntary initiatives. The case deals with the intricate connections between the Groups profitability and competitiveness on the one hand and its long-standing tradition of social responsibility on the other. It explores value-creation, leadership, ethics and sustainable development on the backdrop of rapid internationalizations and shifting stakeholders' expectations for corporate social responsibility. Download: http://www.caseplace.org/d.asp?d=5014
and society. In addition, the company did not have a comprehensive way to track and report these achievements. As an emerging leader of the integrated health care plan in the United States, Solutions Care Association had both the responsibility and the opportunity to be a model of what American health care should look like. With growing concerns and scrutiny of the health care industry, there was no better time for Solutions Care Association to continue to strengthen its leadership position in addressing key social and environmental problems, such as providing affordable health care, reducing climate change impacts, phasing out toxic chemicals and creating a safe, culturally sensitive and supportive environment for employees, patients and suppliers. The overall goal of the case is to use the provided information from a comprehensive company assessment to identify a few key areas where Solutions Care Association can focus and demonstrate industry leadership while also supporting the bottom line. A set of key questions is included to guide students' discussion around critical issues for building an integrated CSR strategy for Solutions Care Association, considering its culture, structure and present level of corporate citizenship management.
5. Esquel Group: Building a Sustainable Partnership with Cotton Farmers in Xinjiang (A, B)
Source: Harvard Business School Year: 2010 Number of pages: 9, 7 Authors: Sebenius, James K.; Qian, Cheng Abstract: Esquel Group, leading manufacturer of quality shirts, sought to negotiate long-term partnerships with often-exploited farmers in Xinjiang (western China) to procure a superior cotton variety. Seeking to secure a large supply of specialty cotton in an ethical and socially responsible fashion, Esquel undertook a major 2002 initiative to negotiate value-creating contracts among itself, local Xinjiang municipal governments, and cotton farmers. Aware that contract enforcement in China can be challenging, Esquel offered the region's poor, oftensuspicious farmers attractive advanced financing, guaranteed minimum pricing, and other generous terms in return for an agreement to sell their crop exclusively to Esquel. The case concludes with the specialty cotton harvest shaping up as very good while demand for the premium cotton fiber appears to be stronger than ever.
report that environmental specialists and senior executives at UBS had compiled. It suggested the company adopt a more progressive policy on climate change. Suter thought about the options that the working group had generated. These ranged from stabilizing the company's current carbon emissions to complete carbon neutrality. The UBS Corporate Responsibility Committee would meet early next week. Suter wondered which option he should support. The teaching purpose is to decide whether UBS should go beyond its legal obligations to help mitigate climate change. Allows discussion of the likely strategic effects, if any, and the desirability of committing a company to standards that are more stringent than what is required by law. There is also an interesting question as to how UBS should reduce carbon emissions if it chooses to do so. Many environmentalists would like companies to reduce their energy consumption, but for UBS, it would be more cost-effective to purchase carbon certificates that are traded in over-the-counter markets.
ALERT: Also relevant to CSR issues are the previously listed cases: Samarco, CEOs See Sustainability as a Priority, and The Business Case for ethics
Economics
1. Renewable Energy in China: A Necessity, Not an Alternative
Source: Knowledge at Wharton Year: 2009 Number of pages: 4 Author: Chen, Joshua, Walter Czarnecki, Emily Di Capua, Mark Julien, Kathie Koo, and Denis Zaviyalov
Source: Harvard Business School Year: 2010 Number of pages: 24 Authors: Daemmrich, Arthur A.; Kramarz, Benjamin Abstract: This case describes how Denmark has balanced the impacts of globalization, including outsourcing and movement of labor with its social welfare offerings. Reforms implemented during the past two decades drove down unemployment, promoted new company formation, and put the country at or near the top of international polls on the ease of doing business. The case describes how Danes forged a consensus that embraced international trade and outsourcing while supporting continuous upgrading of workplace skills. In April 2009, the new Prime Minister, Lars L kke Rasmussen, is balancing short-term responses to a global recession against longerterm planning for the Danish labor market and macroeconomy. Can Denmark keep its borders open to the free movement of goods, services, and labor while also sustaining the breadth of its welfare offerings?
Employment
1. An Intern's Dilemma
Source: Harvard Business School Year: 2011 Number of pages: 3 Authors: Sucher, Sandra J.; Preble, Matthew Abstract:
An HBS student is asked to misrepresent himself during the course of his summer internship by his employer in order to obtain data from industry competitors. Demonstrates an ethical dilemma faced during summer employment and how it was resolved. This item is available for purchase from Harvard Business Publishing Reference #: 611041
Source: Business Horizons article Year: 2011 Number of pages: 8 Author: Tepper, Bennett J. Abstract: Over the last 10 to 15 years, a disturbing number of well-publicized cases of unethical worker behavior have made national headlines. These events have been associated with tragic consequences: countless people have lost their jobs and the associated health insurance and retirement benefits on which they depended; investors have lost their nest eggs; and the trust in the corporate world that is so critical to a thriving economy has been sullied. Pundits have offered simple explanations for these events (e.g., greed) and equally simple solutions (e.g., punish the wrong-doers). In this article, I draw attention to a trigger of unethical work behavior that has received less attention than is warranted: pressure to behave unethically (PBU) perpetrated by organizational authorities. Many instances in which employees violate ethical standards reflect acquiescence to managerial pressure. Herein, I introduce a comprehensive approach to reduce the frequency with which managers execute acts of PBU. My approach draws on a recent influence framework to target managers' motivation to perform PBU, and ability to achieve personal and organizational goals without resorting to PBU. ALERT: Also relevant to employment issues is Exit Strategy
Entrepreneurship
1. Royal Rentals: First Hires and Fundraising
Source: Center for Entrepreneurship at the University of Michigan Year: 2011 Number of pages: 11 Authors: Lee, Moses; Goldstein, Amy Abstract: This case analyzes several issues faced by a typical startup: fundraising, founder and early employee relationships, and appropriate equity /cash compensation. Most early stage companies do not have significant cash flow, and as a result, cannot compensate early employees with a traditional salary or benefits. This can be particularly challenging for those with significant financial and family obligations. This case study focuses on the challenges that Michael Rose, founder of Royal Rentals, faced when his first hire, Jerry Andrews, decided to stop working full time. Michael and Jerry had been working hard to develop the business concept of Royal Rentals and were beginning the process of raising funds to start the company. However, Jerry needed cash compensation because he had a family to support and two children in college. Consequently, he took a full time job with a different company, and offered to continue to work on Royal Rentals in a limited role as a parttime consultant. This news was startling and discouraging for Michael. Just as Jerry was torn between his commitment to the company and the welfare of his family, Michael was torn between his loyalty to Jerry and the good of his company.
The issues that Michael must address are 1) How to deal with Jerry and 2) How Jerrys decision will impact his ability to raise funds and 3) How much funding to raise, if any, and from whom? The teaching points of this case are the following: Understand how personal circumstances, goals, and expectations play into negotiating equity, compensation, and roles/responsibilities between founders and early employees. Consider how personnel and business challenges affect your ability to raise funds.
privately held company providing the entire supply chain of water treatment, waste water, and integrated municipal solid waste capabilities. The company's services include engineering, manufacturing, consulting, "engineer, procure construct," "build operate transfer," and other forms of public-private partnership. The handling of municipal solid waste takes up to 50% of the annual budget of many urban areas in the developing world. The ability to use private sector funds and expertise could be critical to urban development. However, state owned enterprises can observe the success of private business and can enter and compete using their own skills, contacts, and inexpensive capital. The government may also be interested in subsidizing incineration over composting as a part of "waste to energy" strategy, even though this is less efficient than generating electricity from a coal or gas plant. The company has to decide whether to stick to its waste management roots or expand into an opportunistic incineration technology with minimal and nominal waste-to-energy benefits.
Learning Objectives: 1. To learn about the role of business in society, corporate social responsibility and sustainable farming in emerging markets 2. To examine strategic options available to a small business in an under-developed market 3. To show how the local culture and institutions must be taken into account when implementing a business strategy for local economic development and social development through entrepreneurship 4. To introduce microfranchising as a unique strategy of "franchising" in less developed markets, where buyers and workers are impoverished.
Finance
1. Governance Failure at Satyam
Source: Richard Ivey School of Business Year: 2011 Number of pages: 14 Authors: Gaur, Ajai; Kohli, Nisha Abstract: An unrelated acquisition decision by Satyam Corporation created discontent among shareholders and lead to a series of investigations. The investigations revealed a fraud of about INR 50 billion. This led to resignations by several board members and the CEO. The entire episode became a mockery of corporate governance practices, raising questions about the efficacy of well accepted governance norms. This case covers the events that led to the failure of Satyam in detail. The roles of not only the promoter but also other parties, such as the managers, board of directors, auditors and bankers, are discussed in detail. The case draws attention to various corporate governance and ethical issues and also provides an opportunity to discuss the measures that should be taken by regulators, auditors and other bodies to prevent such frauds. This case can be used in an undergraduate, MBA and executive development program to highlight following issues: 1) Ethics and corporate governance: This case can be used to discuss the effectiveness of current corporate governance regulations and how can they be made more effective. 2) Organizational culture and values: Corporate governance mechanisms, such as ownership structure, board composition and stakeholder influence, determine the organizational culture and values. Smaller firms inherit the corporate values from their founders. In larger companies, managers and board members play a pivotal role in shaping the corporate values. This case can be used to discuss the factors affecting development of corporate values. Download Case Here: Governance Failure at Satyam (434k) This case is available for purchase from Ivey Publishing. Case #: 9B11M028, Teaching Note #: 8B11M028
Source: Harvard Business School Year: 2009 Number of pages: 23, 14 Authors: Ebrahim, Alnoor; Rangan, V. Kasturi Abstract: Acumen Fund is a global venture capital firm with a dual purpose: it looks for a return on its investments, and it also seeks entrepreneurial solutions to global poverty. This case examines Acumen's new projects in Kenya. The organization's investment committee and its chief investment officer, Brian Trelstad, must decide whether or not to fund two for-profit ventures. The first provides clean and accessible shower and toilet facilities in urban areas, serving a critical need for low-income populations - its financial sustainability, however, is less clear. The second investment is a network of successful private health clinics that primarily serve middleincome populations but which have the potential to reach low-income markets. On what basis should Acumen decide whether or not to invest? What performance metrics should it use? As the investment committee nears a decision, political and social unrest breaks out in Kenya following a highly contested presidential election. Acumen Fund must now also consider the political risks of investing. As Acumen Fund, a global venture philanthropy firm, moves forward with an investment portfolio exceeding $22 million, it runs into two critical measurement problems. First, how should it track the performance of each investment when its interest is not just the bottom line, but also social impact? What should its performance tracking system look like to enable ease of comparison, and to identify problems before they become too significant to fix? The second challenge involves attracting investors. Acumen wants to build the field of "social investing" by creating a new asset class for investors who care about social impact. Doing so will require working with competitors in the field in order to establish benchmarks and standards of measurement. How can Acumen build industry-wide benchmarks when peer organizations are concerned about confidentiality of data? Without such comparisons, how will Acumen attract investors to the field?
4. Gone Rural
Source: Harvard Business School Year: 2011 Number of pages: 9 Author: Perold, Andre F. Abstract: Gone Rural employs 750 women in rural communities across Swaziland to produce handwoven baskets and other hand-crafted items. The women are mostly grandmothers caring for children orphaned as a result of the country's high AIDS-related death rate. The company has a strong social mission to improve the economic situation of these women and wants to grow rapidly. It has been very successful designing, making, and selling its products in the high-end global market place. It now needs to raise significant external capital to build new facilities. This may be the first time in its 18-year history that the company brings in external profit-minded stakeholders.
Source: Harvard Business School Year: 2010 Number of pages: 7 Author: Herzlinger, Regina E. Abstract: Poverty and blindness are often linked; cataract surgery is one of the most cost-effective health interventions in developing nations. The non-profit Seva Sight Programs is faced with the question of how to expand their blindness prevention and treatment efforts on a larger scale. Their social entrepreneurship effort led Seva to take the Aravind Eye Hospital model and scaled it up to 100 hospitals globally. This case explains how they did it.
ALERT: Also relevant to Finance are the cases: (1) GoldmanSachs, The Investment Bank Job and (2) IASB at a Crossroads
3. Eating Their Cake and Everyone Else's Cake, Too: Resources as the Main Ingredient to Workplace Bullying
Source: Business Horizons article Year: 2011 Number of pages: 8 Authors: Wheeler, Anthony R.; Halbesleben, Jonathon R. B.; Shanine, Kristen Abstract: This article examines workplace bullying from a personal resources perspective. As workplace bullying emerges in unsupportive and stressful work environments, the threat of personal resource loss triggers the low cost, high reward resource-seeking behaviors that are typically reported as indicative of bullies in the workplace bullying research. Herein, we propose that these resource-seeking bullying behaviors allow bullies to create reinforcing resource gain cycles for them, but also create reinforcing resource loss cycles for targets and bystanders of bullying. As a potential remedy, we discuss recommendations for organizations to reduce the occurrence of workplace bullying. Download: http://www.caseplace.org/d.asp?d=6096
8. You've Been Tagged! (Then Again, Maybe Not): Employers and Facebook
Source: Business Horizons Year: 2010 Number of pages: 9 Authors: Smith, William P.; Kidder, Deborah L. Abstract: Social networking sites, such as Facebook, have exploded on to the cultural and business landscape. Not only can firms use social networking sites to present organizational information to interested parties, but also perhaps gather information regarding job applicants. As an
employer, checking out an applicant's Facebook page--much like Googling a candidate's name-is very tempting. It is understandable that managers would like to know as much about a candidate as possible. Facebook pages can provide a wealth of information beyond, or even possibly contradicting, an applicant's submitted documents. While this may represent a potentially useful tool, there are several reasons for caution. For instance, an organization's selection process may be biased if an applicant's Facebook page contains inaccurate information, if some applicants do not have Facebook pages, and/or if legally protected demographic information ends up being part of the selection process. Facebook's own policies suggest that an organization may face legal challenges if it considers an applicant's Facebook page as part of the selection process. Just as importantly, there are ethical issues--in particular, an individual's right to privacy--which must be considered. We wish to encourage organizations to develop guidelines regarding the use of social networking sites in the application process, based on the practical, legal, and ethical issues covered in this article.
ALERT: Also relevant to this topic are the previously cited cases: (1) When Managers Pressure Employees To Behave Badly, and (2) Privatization of the Tiger Leaping House in Nanjing, PRC
Information Systems
See the case: Privacy Issues And Monetizing Twitter
Innovation
1. MO 637: Intrapreneurship: Leading Social Innovation in Organizations
Source: University of Michigan, Ross School of Business Year: 2011 Number of pages: 16 (course syllabus) Authors: Davis, Jerry; White, Chris Abstract: Getting a major initiative to succeed in big organizations is much like leading a social movement. It takes being able to read the opportunity structure and thinking like an entrepreneur as one's career develops; mapping the social system to locate allies inside and outside the organization; mobilizing a team using available technologies; and framing the initiative in a way that motivates decision makers and makes the business case. The course draws on the latest advances in social research, network analysis, and information technology to provide a toolkit for leading social innovation within organizations. We first lay out a framework for how effective social movements change organizations. This framework includes four parts: reading the opportunity structure to recognize when the time is right for an innovation; mapping the social terrain to locate allies and supporters; mobilizing
allies into a team; and framing the case effectively as a business proposition. The second session breaks down the process of recognizing opportunities, drawing on the experience of a successful intrapreneur who built a major social initiative at IBM. The third and fourth sessions are training in the tools of social network analysis and their application as a way to visualize and quantify the social terrain. Here we will see how to use public information to map out power structures inside and beyond the organization. The fifth session highlights newly available tools for mobilization that have underlain actions from whimsical "flash mobs" to political protests in the wake of contested elections. The sixth session lays out the rules for making the case for change to decision makers, from how to frame it to how to demonstrate its business value. In the second half of the course, we go through several cases of successful and unsuccessful social innovation in organizations. Innovations can be of several types: products (selling goods and services whose value extends beyond profit), practices (making how we do it more sustainable), people (making the workplace more just and rewarding), and public (building the community beyond). We end with live practice in making a compelling and brief pitch for your innovation to a client board. Download Syllabus Here: MO 637: Intrapreneurship: Leading Social Innovation in Organizations (279k)
International Business
1. Where Have You Been: An Exercise to Assess Your Exposure to the Rest of the World's Peoples
Source: Richard Ivey School of Business Year: 2011 Number of pages: 11 Author: Beamish, Paul W. Abstract: This team-building and familiarization activity can be used in the initial class or session of an international management program. It assesses one's exposure to the rest of the world's peoples. A series of worksheets require the respondents to check off the number and names of countries they have visited and the corresponding percentage of world population which each country represents. By summing a classes' collective exposure to the world's people, the result will inevitably be the recognition that together they have seen much, even if individually some have seen little. The teaching note provides assignments and discussion questions which look at: why there is such a high variability in individual profiles; the implications of each profile for one's business career; and, what it would take for the respondent to change his/her profile.
Authors: Carmody, Lucy; Nguyen, Veronique; Brown, Michelle Abstract: Vietnams rapid economic growth, maturing capital markets, evolving political and regulatory frameworks and youthful demographics are understandably attracting increasing attention from global institutional investors, keen to deploy funds in this promising frontier market. Many of these investors have, in the past, found the lack of corporate transparency, poor governance practices and erratic enforcement of regulations to deliver risks too great for their beneficiaries and have therefore stayed away. However, recent trends towards improved financial disclosure and investor relations by listed companies are providing the signal many of these asset managers and owners were looking for and inbound capital flows are increasing. With Vietnam firmly on the map as an attractive frontier market, other considerations are now presenting themselves as hurdles to further economic growth. Many of these are complex sustainability issues, related to demographics, environmental degradation, climate change, and energy and water security. Others are related to how companies deal with these sustainability challenges, the so- called ESG (Environment, Social and Governance) issues. There is a general lack of coherent information available to investors in Vietnam on both these sustainability context issues and specific company ESG criteria, such as community investment, emissions, water use, employee health and welfare and diversity and independence of boards. This shortage of information continues to hold back responsible investment in the country. This report seeks to identify these challenges and gaps in information by providing a review of the sustainability landscape. In doing so, it develops a better understanding of how businesses are responding to ESG risks and their approach to corporate social responsibility (CSR). It also seeks to open the dialogue on ESG risks and opportunities in Vietnam and to address key concerns of institutional signatories of the UN-backed Principles of Responsible Investment, as well as those of Vietnam-themed or frontier market funds. Impact investors, private equity or venture capital investors with a responsible investment overlay will also benefit from the summary. Download Case Here: http://www.responsibleresearch.com/Respo...nam-Issues_for_Responsible_Investors.pdf
3. Pepsi-BASIX Partnership
Source: Richard Ivey School of Business Year: 2011 Number of pages: 16 Authors: Bajaj, Gita; Bhullar, Neelu Abstract: BASIX was a microfinance company with livelihood promotion as its key agenda. It had a strong presence in the poverty-ridden state of Jharkhand, India, where marginal farmers were struggling to make ends meet. In 2005, PepsiCo India Holdings Pvt. Ltd (Pepsi) entered an
agreement with BASIX for promoting contract farming of potatoes in Jharkhand. As per the agreement, Pepsi was to supply seeds and get an assured supply of chip-grade quality potatoes. BASIX was to provide micro-finance to the farmers and render training and consultancy for package of practices (POP). Farmers were to get assured buyback of the produce and also an opportunity to learn modern farming practices. The collaboration was successful in the first year and the project witnessed a very high growth in the second year. The second year results, however, were not as encouraging as the first year. The case is poised at this juncture, where the project manager has to present his view on how to move ahead with the agreement.
ALERT: Many other previously cited cases involve international issues, including: (1) Denmark: Globalization and the Welfare State; (2) Winds of ChangeCSR in China; (3) Tata-Leadership with trust; (4) The Shakedown: Should Customer Strategy Solutions Pay Off the Tax Officials? (5) Sound Group China: Urban Waste Entrepreneurs, Social Entrepreneurship and Sustainable Farming in Indonesia; (6) Privatization Of The Tiger Leaping House In Nanjing; (7) Esquel Group; And (8) An English Teacher In South Korea
Management
The case presents the challenge faced by Nokia India in 2007. Nokia had built a strong brand reputation over a ten-year period and was a market leader in the Indian mobile devices. India, incidentally, was also Nokias second largest market, next only to China. Suddenly, what corporate headquarters considered a routine product advisory for a defective battery, resulted in panic in customers after the Indian media widely publicized the potential dangers that defective batteries could pose. Over a three-month period, Nokia India had to recall a few million batteries and replace them with new ones. The objectives of the case include 1) developing an effective product recall / reverse logistics plan that would ensure preparedness for the challenges and urgent circumstances that might surface in a recall situation, 2) understanding the key criteria for success of product recall systems and 3) understanding the interface of management action and the logistics system under a crisis situation.
ALERT: Previously cited cases also involving Management issues include: (1) Accepting Responsibility Responsibly: Corporate Response in Times of Crisis; (2) Giving Voice to Values(both); (3) Stone Finch, Inc.: Young Division, Old Division; (4) Governance Failure at Satyam; (5) When Managers Pressure Employees to Behave Badly: Toward a Comprehensive Response; (6) South Side Restaurant's Low Carbon Wine List; (7) MO 637: Intrapreneurship: Leading Social Innovation in Organizations; and (8) Dealing with Problem Employees: A Legal Guide for Employers
Marketing
1. Nopane Advertising Strategy
Source: Harvard Business School Publishing Year: 1993 Number of pages: 4 Author: Bell, David E. Abstract: Nopane is a proprietary drug that sells in much of the United States. It faces substantial competition. The brand manager is undertaking an experiment to determine whether ad copy
should be emotional-based or rational-based. The data and associated regression results are included. Useful for an introductory course on statistics, market research, or regression analysis. Download Case Here: http://cb.hbsp.harvard.edu/cb/product/893005-PDF-ENG
does not want to rock the boat, and he very much wants to win the respect and acceptance of his new co-workers. What should Bradley say, to whom, when, and how?
are categorizable. There were, however, seeing/talking advertising practitioners who demonstrated moral imagination when responding to ethical problems. We compare the manner in which the ethically sensitive practitioners contemplate and respond to ethical issues with those characterized as having moral muteness and moral myopia. We also find that the agency context in which advertising practitioners work is important in terms of ethical sensitivity. We discuss implications for theory, research, practice, and education.
Abstract: This case illustrates the founding and growth of Veja, the first eco-sneaker company in the world, in the broader context of the evolution of the fashion industry and the emergence of the eco-fashion movement. By September 2010, the five-year old venture had become a reference in ethical fashion, and an inspiration for other eco-fashion start-ups. Its path, its successes and its aspirations made it a perfect acquisition target; like-minded companies like Timberland were already feeling out the two founders. Sbastien Kopp and Franois-Ghislain Morillion were still fulfilling their dream. They had fun trying to craft ever more sustainable business approaches. They were still excited about the opportunity to develop solutions or workarounds for socially- and environmentallyproblematic business practices. The case presents several solutions, focusing on the development of sustainable business practices in organic cotton, wild natural rubber and traditional veggietanned leather. The case also deals with the issue of how ventures integrate sustainable practices into a holistic and ever improving offering, which engages multiple supply chain participants (employees, consumers, suppliers, partners, even artists) in co-devising a value proposition that appeals not just to our sense of fashion, but also to our conscience. Essentially, the case is a story of fashioning identities by artfully bending consumers' appreciation towards the expression of unity with the earth and across cultures.
Starbucks Coffee Companys C.A.F.E (Coffee and Farmer Equity) Practices program ensures that Starbucks sources sustainably grown and processed coffee by evaluating the economic, social and environmental aspects of coffee growing along the supply chain. In 2005, Starbucks purchased 76.8 million pounds of coffee from the C.A.F.E Practice providers, which represents 24.6% of all coffee purchased by the company. By improving the environment, economy, and the educational and health services within local communities, Starbucks creates stability for its farmers and, in turn, for the company, according to Cindy Hoots, Senior Specialist at Starbucks in the Corporate Responsibility Office.
ALERT: Other previously cited cases involving Supply Chain issues include: (1) South Side Restaurant's Low Carbon Wine List; (2) Easy on the Wallet or Easy on the Earth; and (3) Nokia India: Battery Recall Logistics
Statistics-Decision Sciences
1. Cambrian House
Source: Harvard Business School Year: 2008 Number of pages: 13 Authors: Coles, Peter A.; Lakhani, Karim R.; McAfee, Andrew Abstract: Cambrian House builds internet-based products and services by relying entirely on its user community for all aspects of IT innovation and new product development process. Users suggest ideas for new products and services and also participate in a monthly voting process to select the best ideas. The company is now considering the deployment of a prediction market to deepen user involvement and commitment in its innovation; however, it is not sure if it is an appropriate strategy for its community.
ALERT: Statistical issues were also involved in the case: (1) Nopane Advertising Strategy
Strategy
1. Asian Agri and the Future of Palm Oil
Source: Harvard Business School Year: 2010 Number of pages: 26 Authors: Bell, David E.; Kindred, Natalie Abstract: For Asian Agri and other Indonesian palm oil producers, the future promised rising demand from fast-growing Asian populations, but also intensifying criticism from environmental groups. With the highest yield and lowest production cost of any edible oil, palm oil constituted an abundant, inexpensive source of food for Asian and, to a lesser extent, international markets. Its production had soared from 1970 to 2010, sparking concern from environmentalists over the conversion of high-value conservation land in Malaysia and Indonesia (where nearly 90% of palm oil was produced) into palm oil plantations. Critics had intensified their campaigns in recent years, urging-at times successfully-packaged food makers and investors to boycott palm oil suppliers accused of environmental mismanagement. While noting that some accusations were unjustified, palm oil producers argued the industry was making strides towards greater sustainability and cited the unique advantages of palm oil: it was free of unhealthy trans fats, for example, and required less land to produce more oil than any known substitute. Asian Agri, an established Indonesian palm oil grower and exporter, had thus far avoided public scrutiny. The company was a key source of employment in many rural communities, had extensive experience negotiating the complex Indonesian regulatory environment, and was moving to certify its operations according to industry-set sustainability guidelines. In 2010, Asian Agri appeared well positioned to capitalize on the growing palm oil market, but the broad-strokes vilification of the palm oil industry was a source of serious concern. In the face of great uncertainty, the management team needed to devise a strategy for the future.
ALERT: Other cases involving strategy issues include: (1) Pepsi-BASIX Partnership, PepsiCos Turning Point; (2) Samarco; (3) Solutions Care Association; (4) Sound Group China; and (5) Veja-Sneakers With A Conscience
Sustainability
1. Caribbean ESCo Limited
Source: Latin American Center for Competitiveness and Sustainable Development (CLACDS) at INCAE
Year: 2009 Number of pages: 35 Authors: Daley, Sanola A.; Pratt, Lawrence Abstract: Mr. Eaton Haughton sat at his desk looking at the business plan he had just created for his meeting with the Vice president of Scotiabank Jamaica. The rest of his staff had left for the night, including the newly-hired accountant, Garcia. To qualify for the loan, Haughton needed to present a business plan and the detailed financial records of his company since its inception, which unfortunately has not been as well-kept as we would have liked. Further, his company, Caribbean ESCo Limited, had taken on several projects which it had been unable to complete. As Haughton locked the doors of his two-room office building, he pondered the future of his company and wondered how he would bring the 4 year-old Caribbean ESCo Ltd. out of its deepening difficulties onto a more sound footing. Download: http://www.caseplace.org/d.asp?d=4658
2. Fairmount Minerals
Authors: Sharma, Garima; Chatterjee, Sayan Source: Richard Ivey School of Business Year: 2011 Company Name: Fairmount Minerals Number of pages: 16 Abstract: Fairmount Minerals, producer of industrial sand in the United States, embarked upon a journey of sustainable development in 2005. The mining industry had an unenviable reputation that threatened the sustainability of the company. Given the strong personal values of stewardship of the planet and community held by the CEO, and because of the reputation of the industry, Fairmount Minerals was moved to action to integrate sustainable development in every step of its value chain from mining to shipping the product to the customer. Fairmounts journey had been exciting and full of hard work and dedication to the practice of sustainable development. The three broad themes of people, planet and prosperity resonated in all facets of the company. Starting in 2006, each year the organization generated a set of bold goals and monitored its progress toward these goals. These goals clearly spelled out the benefit for the environment and the planet. The question that remained was how this benefit translated into prosperity for the stakeholders and the company. Under what conditions did this stewardship of planet and people lead to increased growth for the company? Download: http://www.caseplace.org/d.asp?d=6285
Year: 2011 Company Name: Aramex Number of pages: 16 Abstract: Fadi Ghandour founded Aramex, a leading provider of logistics and transportation solutions, headquartered in Amman, Jordan, in 1982. From its early inception, Ghandour strategically molded principles and practices of corporate social responsibility (CSR) and sustainability into the companys culture aligning business interest and competence with stakeholders needs. The community and environment were regarded as key stakeholders driving Aramex to act as a responsible citizen. Since its inception, Aramex was involved in sustainability activities grouped into six primary areas: 1) education and youth empowerment, 2) community development, 3) entrepreneurship, 4) sports, 5) environment and 6) emergency relief. Committed to growth and crafting new strategic hubs on a global scale, Aramex faced the challenge of preserving its CSR and sustainability principles and practices as an integral part of its expansion strategy. In late January 2011, Ghandour and Hattar began brainstorming ways to address the need to harmonize
CSR and sustainability values and practices across operations and ensure that sustainability principles were firmly institutionalized across branches and subsidiaries. Download: http://www.caseplace.org/d.asp?d=6311 A Teaching note is available.
4. Sustainability and Environmental Standards: Seeking Competitive Distinction at Dama Lovina Villas
Authors: Darnall, Nicole; Milstein, Mark B. Source: Arizona State University; Cornell University Year: 2011 Company Name: Dama Lovina Villas Number of pages: 21 Abstract: Dama Lovina Villas was a small, boutique hotel located in North Bali. General manager, Glenn Knape, was considering branding Dama as a green hotel. Since the hotel already had numerous environmental initiatives in place, Knape questioned whether Dama should participate in a voluntary environmental program (VEP) and use its participation as a marketing tool to attract additional hotel business. The case explores the strategic relevance of VEPs. Additionally, it helps translate the generic concept of sustainability into a framework that makes sense of the numerous existing and potential investment choices facing many firms that wish to expand their sustainability strategy. Download: http://www.caseplace.org/d.asp?d=6169
ALERT: Sustainability issues were also involved in the following cases which have been described earlier: (1) Veja-Sneakers with a conscience; (2) Asian Agri; and (3)The Future of Palm Oil