Headwaters MB Case Solution
The Headwaters MB case explains the story of Phil Seefried, a GSB alum who co-founded a store financial investment bank, Headwaters MB, in 2001 to offer the middle industry organisation sector. Seefried's journey increasing and handling the bank takes him on a roller rollercoaster flight of success through to the tough effects of the 2007/2008 monetary problems, that includes over one round of layoffs within his little Denver-based business. Throughout 3 vignettes, trainees are exposed to a few of the harder circumstances Seefried should browse. In the very first vignette, Seefried discovers that a person of his most relied on, young handling directors (MD) has actually unintentionally gotten access to the 2005 year-end perk spreadsheet. Not just is the info extremely delicate, Seefried finds out that the MD has actually been whispering that Seefried is a phony based upon details in the spreadsheet, and Seefried is confronted with identifying ways to finest handle the scenario so regarding maintain his stability and reliability within the company. Soon vignette, a crucial lender has actually chosen to leave the business and takes 2 junior lenders with him, and trainees are asked how they ought to interact the news to staff members. Lastly, it is the depths of the monetary crisis and Seefried has to carry out layoffs and cut incomes and perks across the board. He wishes to get the buy-in of 2 of his leading lenders prior to making the company-wide statement, however he needs to craft the message in such a way regarding oblige them to remain in the middle of a bleak environment.
Knowing Goal
The knowing goal of the case is to put trainees in the function of Seefried as he browses numerous difficult discussions and choices. For instance, should he end the young MD who is spreading rumors to set a precedent for habits, or will that trigger excessive turmoil within the business? And how should he interact to the remainder of the business after the bonus offer spreadsheet has gone out? In the event where a leading lender chooses to leave, the trainees should check out the reasons the lender is delegating comprehend that even the very best efforts to establish a strong culture might be beat by a failure in management-- it reaches this point that a CEO might have to recognize his/her errors so as to get commitment. Lastly, trainees are asked to analyze the difficult scenario Seefried deals with throughout the monetary situation, thinking about the different methods they might require to keep their crucial lenders on board.
This is just an excerpt. This case is about Business