This case closely follows the rags-to-riches story of Zhu Quan and his path to build the Spice World empire in the highly competitive, low-barrier hot pot industry. A key part of the case is the examination of a unique corporate culture that utilizes a clear reward system, a unique on-boarding process and gamification.
While this case highlights a special brand of Chinese grassroots entrepreneurship, it also provides a more generalized reflection on the resourcefulness, human relationship and flexibility that are more important than ever to succeed in China’s competitive market.
- Analyze the methods Spice World utilizes to create a unique corporate culture, and how these elements reinforce each other.
- Paint a portrait of a Chinese entrepreneur and highlight key elements of success.
- Understand the various roles systems and processes play in guaranteeing quality in Spice World’s business.