Continuation of Case A
The Wesfarmers way (A)
Summary
A discussion between two hedge fund managers is used to examine the merits of investing in Wesfarmers, an industrial conglomerate, following a tran...
Reference
IMD-7-2085
Copyright
©2019
Copyright owner
IMD Copyright
Organization
Wesfarmers
Industry
Consumer Services, Retail
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
The Wesfarmers way (B)
Summary
Continuation of Case A
Reference
IMD-7-2086
Copyright
©2019
Copyright owner
IMD Copyright
Organization
Wesfarmers
Industry
Consumer Services, Retail
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
The tragedy of the horizon: A contracting account
Summary
The “tragedy of the horizon” captures the gap between long-horizon climate damages and the shorter horizons of corporate decision-making. We provide a contracting account of this idea using a deliberately standard CARA-normal moral-hazard model. U...
Contact
Research Information & Knowledge Hub for additional information on IMD publications
The CFO’s balancing act: Delivering more intelligent growth
Summary
The era of unchecked expansion has passed – for Søren Westh Lonning, CFO at FinTech Pleo, the challenge now is to drive balanced, disciplined growth.
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Entrepreneurship through acquisition: NCA's operator-led search fund approach
Summary
The case investigates the supported search fund model pioneered by Novastone Capital Advisors (NCA) through which mid-career executives can achieve their dreams of becoming entrepreneurs though the acquisition of an SME. NCA provides support through the various phases of the program, from talent selection, training, target searches, due diligence, M&A, value creation and exit engineering.
Reference
IMD-7-2513
Copyright
©2026
Copyright owner
IMD Copyright
Organization
Novastone Capital Advisors
Industry
Finance and Insurance, Private Equity
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
A thread of hope: Gender lens due diligence on Bankamoda
Summary
The Bankamoda case looks at due diligence in the impact investing context. The protagonist, Estefanía Abello, is a Colombia-based senior associate at the Swiss AlphaMundi Group (AMG), an impact first but very commercially minded impact investor that invests in Africa and Latin America. Since 2017, AMG had been integrating gender analysis throughout its investment process. The case opens with Abello having completed the due diligence and considering her recommendation to the AMG Investment Committee on whether to invest in Bankamoda, a women-founded, women-led fintech offering loans to the underbanked micro, small and medium enterprises (MSMEs) in the apparel and textile industry in Columbia. While this startup fit the profile gender lens investing perspective, the investment also carried significant risks. Students assume the role of Abello and need to balance impact and financial considerations and consider risk mitigation strategies as they make a recommendation. Through this case, students can experience a real impact investing due diligence, understand gender lens investing, explore the layers of considerations needed to build a compelling investment case and simulate how best to present proposals to an investment committee.
Reference
IMD-7-2516
Copyright
©2026
Copyright owner
IMD Copyright
Organization
Bankamoda
Industry
Finance and Insurance, Investment Management;Finance and Insurance, Financial Services
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Why “business partnering” is no longer enough
Summary
Discover how CFOs are evolving beyond traditional roles to become strategic enablers focused on value-driven decisions and intelligent finance strategies.
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Why CFO leadership matters more in volatile times
Summary
CFO leadership in volatile times is critical as finance leaders use discipline, risk insight, and strategy to guide companies through disruption
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Why the Fed is not ready to bet on AI just yet
Summary
Kevin Warsh focused his first conference as Federal Reserve chair on June 17 on a familiar problem: fast-rising prices fuelled by the Iran war. Yet another challenge facing central banks goes beyond the immediate inflation shock. As investors plac...
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Banking’s biggest digital shift - Ralph Hamers - IbyIMD
Summary
Ralph Hamers on leading banking’s biggest digital shift: why banks must be tech-forward and how AI could redefine financial advice.
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Finance confidential: Corporate finance insights for business leaders
Summary
Every executive eventually hits a moment of truth. A new project, a bold expansion, a promising acquisition, and suddenly the hard questions are right in front of you: Will this venture be profitable? Will it generate cash flow? How much capital w...
Copyright
©2026
Copyright owner
External Copyright
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Banks must respond strategically to these six shifts
Summary
The six powerful shifts affecting a bank’s ability to operate in the future and why bank leaders cannot afford to ignore them
Contact
Research Information & Knowledge Hub for additional information on IMD publications