Crimson Tide: Launch the Missiles!

This scene depicts a confrontation over whether or not to launch nuclear missiles. The scene illustrates a series of cognitive biases and blind spots in decision-making.


Contributed by Paul Friga

Wal-Mart as a Partner for Sustainability

Yvon Chouinard, the enterprising founder of Patagonia explains why Wal-Mart is his biggest and unlikeliest ally.


Contributed by Sharon Livesey

Green Underwear at Patagonia

One day, Yvon Chouinard, the enterprising founder of Patagonia, told his product design team to free the company’s underwear from wasteful plastic and cardboard packaging. His staff balked – he was told to expect failure. He pressed on with the changes anyhow, because it was the right thing to do.

Contributed by Sharon Livesey

Seagram’s Acquisition of Universal

The short film Trey Parker and Matt Stone made for Universal Studio’s takeover of Seagrams (wine coolers). Has many guest appearances, like Demi Moore, Sylvester Stallone, and Stephen Spielberg. This is a hard to find video – even Trey says he doesn’t have it! Watch the rest of it on Part II.

Contributed by Andrew Inkpen

Additional Video Libraries

A number of excellent suggestions came out of the SMS Teaching Community session on using videos in class. Eventually, all of these will be integrated into this site. Here are a few additional video libraries you may wish to check out.

  1. The BCG Library has more than 100 videos on YouTube. They are usually 2 to 3-minute long.
  2.  Accenture channel: Like BCG, Accenture has their own YouTube channel.
  3. Graziado Business School has a video library with interviews, etc.
  4. Inc. magazine has a series of interviews with entrepreneurs.
  5. Stanford’s Entrepreneurship Corner is also a great source.
  6. There are gazillions videos at MIT, but I couldn’t find a channel dedicated to business…
Contributed by Bernard Forgues

Case Libraries

2e1e41_ff04ac9674ba4be1848f097fee5bd061Here are some popular case repositories:

A New Flight Plan for Japan Airlines

Here is a mini-case ripped from the headlines. As the article states, “As much as JAL has focused on slashing costs, it has also sought to close the service gap with local rival All Nippon Airways – putting in new seats, revamping in-flight menus and installing electronic toilet seats in some business and first class cabins. That investment underscores JAL’s belief that customers will pay a premium for full-service flights.” You can also find a companion video from CNN here. This is great for an introductory class. Allows discussing all parts of a strategic audit including strategy, performance, resources, and competitive position. Also the right size to introduce case discussion for a group that has never done case analysis and discussion before. So how did Kazuo Inamori help change the culture at JAL: ‘nommunication’. “That is when he unleashed another secret weapon. I brought six cans of beer after these sessions or to people who were working late,” he says. After a beer or two, people opened up and told me their honest opinions.” (see the follow up story and video here)

 

Contributed by Aya Chacar

The CEO who wouldn’t leave

I found that a recent article in BusinessWeek can be used as an interesting reading to explore power & politics in the context of M&A. The article describes how William Johnson was designated as CEO of Duke Energy after its acquisition of Progress Energy and how he was fired after only two hours. The original M&A agreement included a condition that stated that the CEO of the target (Progress Energy) would be named CEO of the merged company. However, he was fired two hours after the designation and the CEO of the acquirer (Duke Energy) was named CEO of the merged company. I think this article could motivate to further study this acquisition. It seems to be a novel illustration of a hostile acquisition.

 

Contributed by Francisco Morales

iPhone 5 as an Incremental Innovation

There is much hoopla about the release of each new iPhone but the innovations are, as one would predict, more incremental with each new release. The WSJ recently suggested that this is a good time to sell Apple stock because these incremental changes will allow rivals to catch up. Jimmy Kimmel offers a funny take on it when people perceive greater value added than there really is (he shows them an old iPhone, tells them its the new model, and they coo about how much better it is)…

Contributed by Russ Coff

Amazon Builds New Capabilities

A New York Times story reports that Amazon has long enjoyed an advantage over most brick and mortar rivals that its customers need not pay sales tax. That is now ending in some states as they agree to collect the taxes (notably California). So how are they responding? They are building more warehouses so that, in some metropolitan areas, they will eventually have same-day delivery. Ironically, with each day, they have become more of a brick and mortar operation. Still, that will give them an advantage over ecommerce rivals. It also requires substantial investments in distribution that rivals will have a hard time duplicating.

 

Contributed by Aya Chacar

Imitation: Pretty Profitable Parrots

The Economist just posted an interesting article on the value of imitation as a strategy. We often spend time focused on what makes a strategy inimitable. Of course, the spate of recent law suits tells the other side of the story in terms of the risks of copying. That said, there is little new under the stars and imitation can yield tremendous returns. We don’t see much focus in cases (or the literature) on imitation as a capability. What makes firms good at it?

 

Contributed by Sheen Levine

Airlines Try to Cut out Middlemen

This article in the economist explores the strategic moves airlines made as they entered the internet era (online reservations, etc.). Thinking that travel agents would go the way of the dinosaur, the stopped paying commissions and built their reservation web pages. However, this ultimately created powerful online reservation systems that the airlines now must pay commissions to. The article provides a road map on how NOT to use the 5 forces in developing a strategy…

A Fly in the Ointment

A recent blog post, along with a related New York Times article, outlines a dramatic increase in the price of generic ointments. Several factors might account for high prices including:

  • High barriers to entry as regulations require firms to prove that ointments are absorbed in the skin as well as branded products.
  • Oligopoly conditions supported by the barriers since there are only three players in the market (and they are differentiated since they produce different generics).
  • Willingness to pay since doctors and patients are not generally price sensitive when it comes to prescriptions. Continue reading

Google’s $12.5B Acquisition of Motorola

Google’s recent $12.5B acquisition of Motorola mobility is a great “ripped from the headlines” case. Here are a series of news articles that one can distribute (not all are really needed). In order to assess Google’s prospects for creating value, one must evaluate the following key sources of uncertainty:

  • Intellectual property as a resource. Will the patents help Google beat Apple in court (or reach a favorable settlement)? The litigation is a critical part of Apple’s global strategy to limit the threat that Android poses to the iPhone.
  • Vertical integration. Apple has created a great product that works very well. Part of the reason may be that the operating system and hardware are better integrated. Can Google produce a better product that commands a higher willingness to pay?
  • Alliance partners. Will Google lose partners who are now direct rivals (to Windows or new operating systems)? Continue reading

Daily Show: Energy independence

In a humorous take, Jon Stewart looks at the past 8 U.S. presidents and notes that they all made detailed promises to move toward energy independence. The clip is a little long but can be used to raise questions about difficulties in implementation. Why were none of them successful? Interestingly, today with natural gas and fracking technologies, significant progress has been made on energy independence. However, this might not be the innovation that Jon Stewart was looking for. One might discuss why this is the case in class…

Contributed by Aya Chacar

Mini Cases

I developed a number (39!) of mini-cases to demonstrate a range of strategy topics.  I usually use the cases and their attached questions at the beginning of a lecture or part way through to break up the pace.  I find that they provide a strong, shared basis for talking about particular subjects in strategy, and can be used to promote debate and discussion.  These are found in the Test Bank accompanying the Hitt, Ireland, Hoskisson Strategic Management textbook, Fifth Edition (2003).

Contributed by Mason CarpenterMason Carpenter

Teaching extended (multi-part) cases

At the 2003 SMS Conference, Mason Carpenter (me), Amy Hillman, W. Gerry Sanders, & Gerry Keim presented a program on challenges and opportunities of teaching extended session strategy classes.  The hand-out with several of the pertinent suggestions are provided in the attached handout.

Click Here to Download PDF

Contributed by Mason CarpenterMason Carpenter

Big Box Mart (play on Wal-Mart)

Personalize funny videos and birthday eCards at JibJab!

jibjab video on Big Box Mart. There was a 60 minute PBS Frontline program on “is Walmart good for America,” which this 3 minute video essentially summarizes.

Contributed by Mason CarpenterMason Carpenter

Dell’s Extreme Makeover

Great combo of an interesting BW article on Dell’s morphing strategy and a short video that talks through some of the changes and challenges facing Dell.

http://www.businessweek.com/magazine/content/09_43/b4152036025436.htm

Contributed by Mason CarpenterMason Carpenter

Star Alliance

A short and good introduction of Star Alliance – The Airline Network for Earth.

Contributed by Mason CarpenterMason Carpenter