This case converse an advanced for profit social venture that connects talented artisans in developing nations with customers worldwide. Though raised in the US, co-founders and lifelong friends Andy Milk, Roberto Milk, and Charles Hachtmann have consistently been exposed to international authority. All the three grew up with family from other states. A good deal traveled in their youth. When Roberto meets his future mother-in-law a professor, Armenia Nercessian de Oliveira, and UN employee who has dedicated her life to helping others throughout the world, the point is set to establish NOVICA. While Roberto has a capitalist vision regarding which he is enthusiastic, he is also a leader that is thoughtful and patient.
NOVICA The Arts and Crafts of Social Venturing Case Study Solution 1
With NOVICA, he first constructs, over the course of a decade, an executive team composed of his family and friends; eventually scales the company to gain; and then develops the crucial operational components of the organization. The case concludes with Roberto and his team confronting a crucial decision about to propel the firm from slow to rapid and significant growth. The founders, however, desire NOVICA to be a truly international presence, offering help in new parts of the world, in new ways - bringing in $100 million per annum and helping at least 1,000,000 people. The case allows pupils to investigate the purpose of profit and the centrality of sound business fundamentals in the context of doing great. It also prompts consideration of the prerequisites for and possible paths to organizational increase - asking what criteria should be considered in making increase decisions and what kinds of growth strategies are proper.
PUBLICATION DATE: January 15, 2010 PRODUCT #: NA0082-HCB-ENG
This is just an excerpt. This case is aboutĀ GLOBAL BUSINESS