This case traces the development of a French enterprise software venture and the transition from its founder to a professional CEO brought in by the venture capitalists. The company was about to miss its sales targets in 2003 by 70% and was running short of money. The new CEO was given three months to motivate the key people in the team and propose a strategic plan that would inspire the shareholders to offer a new round of financing.
The case can be used to discuss leadership issues in young ventures. It also allows for a discussion of effective sales and marketing functions for a new product. Finally, it leads to a discussion of different business models (consulting, enterprise software, mass-market software, and R&D teams) and the organizational arrangements that support them.
- AR2006
- AR0506
- RD0306
- SOFTWARE INDUSTRY
- BUSINESS MODEL
- SALES STRATEGY
- TRANSITION FROM FOUNDER TO CEO
- START-UP TURNAROUND
- VENTURE GROWTH
- FRENCH START-UP
- WOMAN CEO