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Case Study Global Business China Business to Business
How Fuchs built a future ready China strategy
The case describes the strategic evolution of FUCHS China under the leadership of Zhu Qingping as the company transformed into a vital contributor to the global FUCHS2025 strategy. With 30 years’ experience in the automotive industry, Zhu leveraged his expertise to navigate FUCHS China through the complexities of a rapidly evolving market, amids…
By Mark J. Greeven and Wei Wei
Case reference: IMD-7-2543 ©2024
How Fuchs built a future ready China strategy
By Mark J. Greeven and Wei Wei
Case reference: IMD-7-2543 ©2024
Summary
The case describes the strategic evolution of FUCHS China under the leadership of Zhu Qingping as the company transformed into a vital contributor to the global FUCHS2025 strategy. With 30 years’ experience in the automotive industry, Zhu leveraged his expertise to navigate FUCHS China through the complexities of a rapidly evolving market, amidst geopolitical fragmentation and the challenges posed by Covid-19. FUCHS China, representing a significant portion of the FUCHS Group’s revenue and profits, was at the forefront of adopting innovative product strategies. The case focuses on the development and implementation of the “5S” and “360-degree” solutions. These strategic initiatives enabled FUCHS China to offer specialized, high-tech products (5S) while comprehensively meeting customer needs (360). The case further highlights the company’s market approach, emphasizing the importance of segmentation and the “3L” Localization strategy. This approach not only tailored FUCHS China’s offerings to specific market segments but also enhanced its operational efficiency and responsiveness to local market dynamics. A key element of FUCHS China’s strategy was the development of its team, particularly through the innovative “Huangpu Class” initiative, which focused on nurturing segment leaders and building a robust leadership pipeline. Finally, the case also features FUCHS China’s unique culture, a blend of proactive, performance-driven ethos balanced with German precision and Chinese flexibility. This cultural synthesis was instrumental in fostering a self-driven and adaptable workforce, capable of navigating the challenges and opportunities in China’s lubricant market. Concluding with a forward-looking perspective, the case provides insights into how FUCHS China, under Zhu’s visionary leadership, positioned itself as a future-ready player, ready to tackle the upcoming challenges and seize new opportunities in the global lubricant industry.
Reference IMD-7-2543
Copyright ©2024
Copyright owner IMD Copyright
Organization Fuchs Group
Industry Manufacturing, Chemicals
Available Languages English
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Case Study China Business to Business Global Business Strategy
How Fuchs drives autonomy at scale to win in a fragmented world
In a world where agility and global foresight are crucial for business survival and growth, the FUCHS case presents a compelling narrative of transformation. This case study follows FUCHS, a leading global lubricant company, on its journey to navigate the complexities of a rapidly changing business environment while staying true to its decentral…
By Mark J. Greeven and Wei Wei
Case reference: IMD-7-2539 ©2024
How Fuchs drives autonomy at scale to win in a fragmented world
By Mark J. Greeven and Wei Wei
Case reference: IMD-7-2539 ©2024
Summary
In a world where agility and global foresight are crucial for business survival and growth, the FUCHS case presents a compelling narrative of transformation. This case study follows FUCHS, a leading global lubricant company, on its journey to navigate the complexities of a rapidly changing business environment while staying true to its decentralized roots. The story unfolds from the company’s humble beginnings, detailing how FUCHS has grown into a global player under the stewardship of CEO Stefan Fuchs. It emphasizes the challenges of operating in a fragmented market and the need to embrace new global forces, such as digitalization, sustainability and evolving customer expectations. The case highlights the strategic pivot FUCHS makes when it created its first ever corporate strategy, “FUCHS2025,” marking a significant shift in the company’s approach to global market dynamics. A central theme of the case is how FUCHS rethinks its matrix organization and implements agile networks. This strategic move illustrates how FUCHS balances its traditionally decentralized structure with a growing need for global integration and efficiency. The case details the intricacies of these networks, particularly focusing on HR, to show how FUCHS harnesses the power of cross-functional collaboration and shared leadership. Readers of the case will gain a comprehensive understanding of how a traditional, family-led business can successfully adapt to global trends and internal challenges. It’s a tale of strategic evolution, highlighting the delicate balance between maintaining core values and innovating to stay competitive in a fragmented world. The FUCHS case is not just a story of a company, but a blueprint for businesses facing similar global challenges, demonstrating how to win in a decentralized yet interconnected market landscape.
Reference IMD-7-2539
Copyright ©2024
Copyright owner IMD Copyright
Organization Fuchs Group
Industry Manufacturing, Chemicals
Available Languages English
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Case Study Digital Transformation Business to Business Marketing Strategy
Thales: Digital sales enablement with ContentFlix
The case explores the efforts of Hamilton Mann, Group VP, Global Digital Marketing & Digital Transformation at Thales, to build a sales enablement platform as part of Thales’ larger digital transformation. “ContentFlix” aimed to be a one-stop sales enablement platform bringing together content for presentations and sales pitches and integrating …
By Didier Bonnet Michael R. Wade and Lisa Simone Duke
Case reference: IMD-7-2460 ©2024
Thales: Digital sales enablement with ContentFlix
By Didier Bonnet Michael R. Wade and Lisa Simone Duke
Case reference: IMD-7-2460 ©2024
Summary
The case explores the efforts of Hamilton Mann, Group VP, Global Digital Marketing & Digital Transformation at Thales, to build a sales enablement platform as part of Thales’ larger digital transformation. “ContentFlix” aimed to be a one-stop sales enablement platform bringing together content for presentations and sales pitches and integrating solutions from across the business. Thales’ key account teams were used to operating in silos and via face-to-face interactions. Similarly, marketing and sales were distant and did not work together as effectively and seamlessly as they could. ContentFlix was intended to break down those silos and encourage collaboration between the company’s different businesses and marketing and sales teams. Mann’s team had launched ContentFlix quietly, tackling each implementation challenge as it came, and adoption had been steady. The Covid pandemic changed everything. Enforced lockdowns meant that remote cooperation between units became the only way to do business. The platform’s adoption accelerated beyond Mann’s expectations and continued to grow post-pandemic. The case explores how the team planned the platform, supported its rollout across Thales and continued to build it throughout the pandemic and beyond. The case explores in rich detail the obstacles and challenges as well as the successes Mann and his team face. The case closes with the rise of generative AI (GenAI). The team starts to consider where GenAI could enhance ContentFlix. What possibilities were there to take the platform to its next stage of development?
Reference IMD-7-2460
Copyright ©2024
Copyright owner IMD Copyright
Organization Thales
Industry Manufacturing;Information Technology, Information Services;Manufacturing, Aerospace and Defense
Available Languages English
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Case Study Strategy Business to Business General Management
Solutech: The expansion challenge
The case documents the early struggles, the growth phase and the success of Solutech, a start-up company developing software for salesforce automation. The company has to decide on product portfolio expansion, a strategy for geographical expansion, and whether or not to accept external funding to accelerate growth.
By Leif M. Sjöblom and Liesbeth Bakker
Case reference: IMD-7-2424 ©2023
Solutech: The expansion challenge
By Leif M. Sjöblom and Liesbeth Bakker
Case reference: IMD-7-2424 ©2023
Summary
The case documents the early struggles, the growth phase and the success of Solutech, a start-up company developing software for salesforce automation. The company has to decide on product portfolio expansion, a strategy for geographical expansion, and whether or not to accept external funding to accelerate growth.
Reference IMD-7-2424
Copyright ©2023
Copyright owner IMD Copyright
Organization Solutech
Industry Information Technology, Computer Software
Available Languages English
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Case Study Sustainability Business to Business General Management Global Business Strategy
Creating a sustainability roadmap at Sika: The net zero pledge
The case describes how Patricia Heidtman, chief innovation and sustainability officer and member of the executive board at Sika, creates a roadmap for sustainability, including a net zero pledge. Sika deliberately put Patricia – also a trained chemist – in charge, unlike many companies that assign the sustainability agenda to the CFO, the head o…
By Stefan Michel
Case reference: IMD-7-2497 ©2023
Case Study Sustainability Strategy Business to Business
ZENITH: The opportunities and challenges of eco-conception (Mini case)
The collaboration between ZENITH and Nona Source – the LVMH group’s resale platform for deadstock – resulted in a 2021 product launch that saw ZENITH unveil a series of changeable textile straps as part of its women’s watch collection named DEFY Midnight. It reflected a choice the ZENITH brand made to step outside its traditional territory and e…
By Stéphane J. G. Girod and Martin Králik
Case reference: IMD-7-2523 ©2023
ZENITH: The opportunities and challenges of eco-conception (Mini case)
By Stéphane J. G. Girod and Martin Králik
Case reference: IMD-7-2523 ©2023
Summary
The collaboration between ZENITH and Nona Source – the LVMH group’s resale platform for deadstock – resulted in a 2021 product launch that saw ZENITH unveil a series of changeable textile straps as part of its women’s watch collection named DEFY Midnight. It reflected a choice the ZENITH brand made to step outside its traditional territory and endorse eco-conception and innovative collaborations. The challenge for the company was to ensure that the experimentation would not compromise in any way the underlying perception of luxury.
Reference IMD-7-2523
Copyright ©2023
Copyright owner IMD Copyright
Organization ZENITH
Industry Consumer Goods, Luxury Goods and Jewelry;Consumer Goods, Clocks and Watches;Manufacturing
Available Languages English
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Case Study Digital Business to Business Disruption Strategy Sustainability
The journey to digitize tennis: Infosys (C), the future
Infosys collaborated with the International Tennis Hall of Fame (ITHF) to create a metaverse-based digital twin, bridging tradition and innovation. The post-Covid drive for sustainability prompted Infosys to address carbon emissions by developing an ATP carbon tracker app, highlighting its environmental and societal commitment. Enhancing visibil…
By Carlos Cordon and Franck Calleeuw
Case reference: IMD-7-2442 ©2023
Case Study Digital Business to Business Disruption Strategy
The journey to digitize tennis: Infosys (B), the present
The ATP Leaderboards evolve to provide real-time insights for fans, players and coaches, while the Second Screen capability aids players in refining strategies. Innovations like MatchBeats, Rally Analysis, Stroke Summary and 3D CourtVision enrich fans’ understanding of the game.
By Carlos Cordon and Franck Calleeuw
Case reference: IMD-7-2441 ©2023
Case Study Digital Business to Business Disruption Strategy
The journey to digitize tennis: Infosys (A), the past
Case A explores the transformative role of data analytics in the sports industry through the lens of Infosys, an innovative tech company. Infosys aims to showcase its AI and analytics expertise by partnering with the Association of Tennis Professionals (ATP). Recognizing the potential of data to reshape the experience of fans and to advance the …
By Carlos Cordon and Franck Calleeuw
Case reference: IMD-7-2440 ©2023
Case Study Sustainability Business to Business Disruption Strategy
The Wärtsilä Way: Green is not black or white
This case highlights Wärtsilä’s significant role in the decarbonization journey of the energy and marine sectors. Despite the difficult financial situation and challenging market dynamics – Wärtsilä was active in industries that relied heavily on fossil fuels with little potential for future growth – CEO Hakan Agnevall took a bold decision to co…
By Julia Katharina Binder and Valerie Keller-Birrer
Case reference: IMD-7-2483 ©2023
Case Study Entrepreneurship Business to Business Digital Leadership Sustainability
Drinkotec: Changing a company, changing a life (C): Dream big or go home
It is now four years later, and Drinkotec is scaling up fast. They’ve had to make some tough decisions in order to focus, have the best people and build the culture that they want, but today, major beverage companies are seeking their technology in order to go packaging-free. This case is about leadership, culture, sustainability and taking the …
By Jim Pulcrano Giancarlo Luchetta Bedin Srinivas Reddy (Srini) Mamidi Anton Rozhkovskiy and Bakel Walden
Case reference: IMD-7-2488 ©2023
Case Study Entrepreneurship Business to Business Digital Leadership Sustainability
Drinkotec: Changing a company, changing a life (B): Taking the leap
The deal is closed; Franck-Erik Flegbo and Cyril Le Terrien become the owners of Drinkotec but discover that the existing team doesn’t really have the capabilities or culture to innovate. The Covid-19 pandemic hits, and they discover that their customers need Drinkotec’s help.
By Jim Pulcrano Giancarlo Luchetta Bedin Srinivas Reddy (Srini) Mamidi Anton Rozhkovskiy and Bakel Walden
Case reference: IMD-7-2487 ©2023
Case Study Entrepreneurship Business to Business Digital Leadership Sustainability
Drinkotec: Changing a company, changing a life (A): Daring to change
Franck-Erik Flegbo and Cyril Le Terrien were already successful executives in a major multinational when they decided that it was time to dream, and to build their own company, with a culture that delivered performance, created a culture where everyone wanted to work, used the latest technologies, and did its part to save the planet. The opportu…
By Jim Pulcrano Giancarlo Luchetta Bedin Srinivas Reddy (Srini) Mamidi Anton Rozhkovskiy and Bakel Walden
Case reference: IMD-7-2459 ©2023
Case Study Entrepreneurship Business to Business Disruption Sustainability Strategy
Green Motion: From entrepreneurial pioneer to multinational powerhouse
Entrepreneur François Randin was successful, but searching for his next venture, wanting to build something sustainable. Suddenly he sees an all-electric sports car and decides to create an electric vehicle (EV) charging station company, even though the number of EVs on the road at the time is minuscule. He starts with software, moves to hardwar…
By Jim Pulcrano
Case reference: IMD-7-2456 ©2023
Case Study Entrepreneurship Business to Business Disruption Economics Leadership
Kandou Bus, From start-up to IPO? (B): The Scale-Up
Dr Amin Shokrollahi, a mathematician who loves research, becomes an entrepreneur by accident. He discovers a software solution to decelerate Moore’s Law, and his friend, entrepreneur Steve Papa, pushes him to create a company and bring the solution to market. For five years they “wander in the woods” building the team, raising money, developing …
By Jim Pulcrano Adel Choi Alexandra Pimshteyn Darrel Ronald and Dipendra Jain
Case reference: IMD-7-2467 ©2023