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Leading Organizations Case Study
Leading Organizations Case Study
Leading Organizations Case Study
Student’s Name
Course
Professor’s Name
University
City (State)
Date
Leading Organizations 2
skillset. After settling on the idea and sharing it with her close friends and partners, Chase
embarked on background research of the industry’s dynamics. She further contacted people
across various industries who she thought would be helpful through her start-up journey. Her
networking capability and ability to use the available resources to start up something is the
hallmark of leadership. Chase’s reliance on the few close friends and their networks exemplifies
that.
Chase’s Weaknesses
Due to Chase’s weaknesses, her idea, although viable, did not succeed. The case reveals
that she had a solid educational background. She was also good at quantitative analysis.
However, she lacked sufficient experience in the practical business environment. Her educational
background in French, English, and Philosophy did not adequately provide her with the practical
skills needed by a startup entrepreneur. Despite enrolling in a business school, she appears to
have little knowledge about businesses. For instance, she invested many hours formulating a
pricing business model instead of setting an arbitrary price and changing it later. As a result, she
was stuck with a fixed pricing model whose change would disrupt the business operations. Chase
also downplayed red flags, which would have prepared her better before venturing into the
business. For instance, she should have sought to understand why other businesses in the car-
sharing industry were performing dismally. Instead, she trusted her confidence until she made
the losses.
Chase also makes uncalculated moves, unlike a leader. She mobilizes her close friends
and investors towards a basic idea. Chase further convinces them to commit their time and
resources several months before finalizing her preparations. As a result, she gets late preparing
the pricing model and rarely consults when formulating it. Chase does not discuss the pricing
model with critical stakeholders and launches the company pretending that it works. Although
she was a great listener, she did not consult on crucial decisions. For instance, she ought to have
consulted the key stakeholders before setting the prices. Chase also failed to formulate standard
operating procedures for the company. As a result, it is impossible to trace crucial management
decisions' flow. She also interrupted the President's work, rendering him jobless, eventually
hurting one investor. The behavior portrays Chase as indecisive and inexperienced. Claire should
have facilitated the President's work and oversight conducted by Chase and the other investors.
The Decision Making Context
Chase, a startup business leader with a solid educational background, sought to set up a
business that would solve the contemporary problem while meeting her career objective.
Confident due to her upbringing and strong academic background, she formulates a team to help
her actualize the idea. After a few months, the company is running. The company initially
appears to be benefitting from positive publicity from the media and an aggressive marketing
campaign. However, a post mortem of the financial results reveals that the company is running at
a loss. Disappointed, Chase turns emotional and excludes herself to mourn the supposed loss.
Despite her confidence, strong academic background, and resourcefulness, she does not seem to
appreciate the importance of consulting others in decision-making. Had she consulted her team
members or involved them at every step of the decision-making process, the business would
have undoubtedly performed better.
Leading Organizations 4
Proposed Approach
As a business student, I understand that startups face challenges such as unrealistic
expectations, fierce competition, or collaboration with unsuitable partners.1 For instance, Chase
seems to have had unrealistic expectations despite having a great team. She had founded her
business model on 9.6 hours of car usage daily against the practical 5.5 hours. As a result, she
was frustrated when the business did not meet the 9.6-hour target. If I were to actualize her
business idea, I would create and document a business model. A business model defines the
business’s core business activity.2 I would then formulate an organizational chart and develop
standard operating business procedures to guide the day-to-day operations. A detailed job
description would guide each position. That way, it would be possible to hold every team
member accountable. I would also consult with other team members to meet the company’s
overall objective.
1
Sarath Tomy and Eric Pardede, “From Uncertainties to Successful Start Ups: A Data Analytic Approach to Predict
Success in Technological Entrepreneurship,” Sustainability 10, no. 3 (February 26, 2018): 1–24, https://doi.org/.
2
Štefan Slávik, “The Business Model of Start-Up—Structure and Consequences,” Administrative Sciences 9, no. 3
(September 9, 2019): 1–23, https://doi.org/.
Leading Organizations 5
Bibliography
Slávik, Štefan. “The Business Model of Start-Up—Structure and Consequences.” Administrative
Sciences 9, no. 3 (September 9, 2019): 1–23. https://doi.org/10.3390/admsci9030069.
Tomy, Sarath, and Eric Pardede. “From Uncertainties to Successful Start Ups: A Data Analytic
Approach to Predict Success in Technological Entrepreneurship.” Sustainability 10, no. 3
(February 26, 2018): 1–24. https://doi.org/10.3390/su10030602.