Ref: IMD-7-1984

Case study

Reference: IMD-7-1984

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Elite – The digital mattress company

Benoit F. Leleux

By Professor Benoit F. LeleuxBenoit F. Leleux, Marc Chauvet, Thierry Cairus and Olivier Blanc

François Pugliese acquired Elite Beds in Etoy in a small buy-in in 2006 and then proceeded to re-invent completely its business, first by pivoting its business model and introducing Smart Leases and then by digitizing it, turning the mattress into a true technology platform, with dozens of innovative projects in the pipeline.

As he proceeded to the conference room for the Board meeting in April 2017, François wondered whether it would help to prioritize the projects, and if so how? Did these projects effectively represent another pivot for the company again? Was it time to force change again?

Learning Objective

  • Managing growth
  • Engineering a buy-in, financing deals
  • Strategic pivots
  • Business model changes
  • Innovation management
  • Digitalization of the mattress
  • Technology platforms, growth management
  • Innovation portfolio management.
KeywordsBusiness Model, Buyout, Career Choice, Digitalization, Entrepreneurship, Finance, Growth Management, Innovation, Pivoting, Strategy
SettingsElite Beds
2007-2017
TypeField Research
Copyright©2018
LanguageEnglish
Related materialTeaching note
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Reference: IMD-7-1984

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Reference: IMD-7-1984

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