Remove 2010 Remove CEO Remove Operations Remove Working Capital
article thumbnail

Are You Growing Too Fast?

Harvard Business Review

hit an all-time high, but Paul Heffington, Allen Printing's owner and CEO, wasn't celebrating. And when Allen Printing's bank, facing problems of its own in 2010, suddenly called in its loan, the company was so strapped for cash that it had to file for Chapter 11. For Allen Printing, 2008 should have been a banner year.

article thumbnail

Creating Michelin-star Quality for the Masses

Harvard Business Review

Unlike Ferran Adria's El Bulli in Catalonia, D'O doesn't operate at a loss. According to the 2010 Michelin Guide, there are 229 one-star, 37 two-star, and as many as six three-star restaurants in Italy. Operating such restaurants is expensive. In Italy, as in the rest of Europe, the up-market restaurant business is a tough one.

Quality 13
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

To Grow, Social Enterprises Must Play by Business Rules

Harvard Business Review

Founding CEOs realize—or fail to realize—that their maniacal energy and personal devotion can only take their enterprises so far. It's an example of an organization seeking to meet this challenge of scale by providing top-tier, in-kind expertise and working capital to promising social enterprises.

article thumbnail

Telecom's Competitive Solution: Outsourcing?

Harvard Business Review

Due to huge capital requirements, these investments could exert considerable pressure on the working capital of the carrier company. When the proposal to outsource technology was originally put on the table," said Sunil Mittal, CEO of Bharti Airtel , "most of our board members' jaws dropped, and they thought we had gone crazy.".