Friday, February 5, 2010

Case Competition Update

Unfortunately, the 2010 Kogod Case Competition had to be cancelled due to the imminent blizzard. However, I’d like to share my group’s thought processes and ideas. The most important things to focus on were plausibility and creativity. While it was important to address the obvious, we also tried to develop suggestions that would set us apart from other groups.

The case was about a family-owned corrugated box manufacturer in Morocco, called Box-It. The father, Mr. Abdul, started the business in the 1980s. His son, Hassen, has been working there for three years and is in charge of day-to-day events in the company. He has a harsh management style, but it seems clear that he is slated to inherit the company.

My group (Terra Firma) identified three critical issues in the case:

· Box-It’s financial situation is too confusing to its owners
· There is the potential for expansion that is not being utilized
· The chain of command is unclear

The short version of our recommendations include:

· Contact the customer Box-It recently lost. Inform them that box prices have been reduced from $1.10 to $0.88.
· Mark up prices for Moroccan customers, so Box-It can maintain its desired profit margin after haggling.
· Don’t build recycled paper plant; pay down debt instead.
· Sell the 6 least efficient transformation machines; use this money to buy multicolor, bleaching, and waxing machines.
· Form a strategic partnership with TelePizza, a potential high-volume customer, to make pizza boxes.
· Plan for Mr. Abdul’s retirement at least three years in advance, and agree on a succession plan.

My verbosity makes it impossible to condense our entire case analysis into a single blog entry. Fortunately, I have created a blog for just such purposes. If you are interested in Terra Firma's entire analysis of the case, presentation strategies, and explanations of our recommendations, please click the link below.
Terra Firma - Case Analysis and Recommendations

Any feedback on our ideas is most appreciated.

-Jon

1 comment:

  1. As you said that the most important things to focus on were plausibility and creativity.You did a great job of so thorough analysis.Its really interesting to read how we should approach in similar situations.
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