BotGo was founded in 2007 by Ravi Panchal, an engineer after losing motivation to continue a leadership role in his work. Panchal, a skilled technician, was inspired to create an underwater tank cleaning robot. He started BotGo with his savings and recruiting his friends for key positions in the company. He also started university robotics …
When the Covid pandemic spread in early 2020, global travel came to a standstill. For San Francisco-based home rental platform Airbnb, the impact was swift and severe, with revenues plummeting more than 70% year-over-year. Responding to the sudden recession was a challenge for CEO Brian Chesky and his leadership team as the company followed a …
In 1988, Eric Molson became Chairman of the Board of The Molson Companies Ltd. (TMCL). Founded in 1786, the company focused on brewing until the mid-1960s, when it decided to diversify to fuel its growth. In 1988, TMCL had four main divisions: Brewing, Chemicals, Retail, and Sports (the Montreal Canadiens hockey team). Despite lingering doubts …
A large German manufacturer of ball bearings and precision machinery has run into serious financial difficulties due to poor management practices, a hasty takeover of a former East German ball bearing company and a downturn in the industry. The company is hiring a German professional restructuring manager who has been involved in “American-style” liquidation practices …
Crescent Standard Investment Bank Limited (CSIBL) was the largest investment bank listed on all Pakistani stock exchanges. There were some rumors that all was not well and that the investment banking regulator, the Securities and Exchange Commission of Pakistan (SECP), had sent a team to investigate the bank’s affairs. Since the main shareholders were individuals …
It analyzes the macroeconomic and political situation in the UK from the end of the Second World War to 2001. It focuses on the interactions between macroeconomic performance, industrial relations, the corporate governance system and social services. Specifically, it compares and contrasts the policies (and their effects) adopted by successive government administrations, from the postwar …
TCI, The Children’s Investment Fund, is a London-based hedge fund. The company donates a significant portion of the proceeds to a charitable foundation. In 2005, TCI acquired a large stake in the Frankfurt Stock Exchange, Deutsche Börse. The fight with management disrupted a planned merger and led to the CEO resigning. It addresses a variety …
Investigates corporate governance changes at WorldCom / MCI as proposed by the company’s court appointed corporate supervisor, Richard Breeden. After the biggest bankruptcy of all time and the demise of the company, Breeden wrote the Restoring Trust, a report with 78 recommendations for the future management of the company. Course objective: Consider how corporate governance …
In December 2015, Susan Chen, an equity analyst, prepared a valuation for Hong Kong power company China Light and Power Holdings (CLP). In Part A of the case, Susan considered ways to incorporate environmental, social and governance (ESG) factors into stock valuation. She believed that including these factors in the valuation framework could help identify …
Alice Anane is a member of a large and wealthy family who together run a multi-pronged family business in Israel. When she discovers mid-pregnancy that the rapidly degenerative brain disease her father succumbed to now threatens her and potentially all members of her family, she must decide how to incorporate a comprehensive plan to control …