Holding Fast Case Study - 1444 Words

Holding Fast HBR Business Case Assignment 1. This case starts out in a lab that is located in a building that is operated by Crescordia. Crescordia is a company that makes a range of products such as artificial hips and scalps but also is one of the few companies that sell fixation devices. At the beginning of the case Crescordia holds a seminar for orthopedic surgeons so they can better familiarize themselves with the products and procedures that are needed when dealing with using these fixation plates. During this seminar the CEO Peter Walsh enters excitedly to see what is going on. You can tell right from the start that he is a very big people person and is incredibly interested in finding out the needs and what surgeons are saying†¦show more content†¦I feel that it would be a huge misstep for them to jump into the market and that there is no harm in waiting it out and seeing how things develop in the industry. I think that the alternative path they should take is they should keep working on improving the non-re sorbable plates that they put out and should not put much focus on resorbable’s. I think that there are many more pros to not focusing on resorbable’s than there is if they did focus on them. I find it hard to see why they would take the risk of launching a line of resorbable’s. 4. There are many pro’s in not going forward with resorbable’s. First off Crescordia will keep its high reputation because this will show that they do not want to rush products onto the market, especially products that still have many problems that need to be solved. Another advantage is that they can focus on the products they are good at making at can work towards improving the products that they are currently making. Also they will save themselves a huge financial risk because resorbable’s are not a proven product and they would have to change the way manufacture things and would have to retool their entire factories to make a huge change like this, that might not even pay off in the long run. It seems like if they were to focus on making resorbable’s it would be a high-risk and low-reward type of situation. There is not much that they can win from entering the resorbable market. One of the cons of not entering theShow MoreRelatedAdr Clause924 Words   |  4 PagesInventory System – A case study: McDonald’s Just-In-Time inventory is the big thing right now in operations. JIT is a form of providing supplies for customers, as the name suggests, just in time. McDonalds is another example of a JIT system wherein McDonalds doesnt begin to cook its orders until a customer has placed a specific order. 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