Brushing up HBR fundamentals will provide a strong base for investigative reading. Often readers scan through the business case study without having a clear map in mind.
This case describes the development and subsequent failure of Iridium.
Iridium was a satellite-based communications system initially developed by Motorola and then spun off as a separate company. Using its constellation of 66 low earth-orbit satellites, the Iridium system was intended to provide reliable communications from virtually any point on the globe.
On November 1,Iridium began commercial telephone service and satellite-paging service began two weeks later. However, a variety of problems plagued the company and by May Iridium had only 10, subscribers. In AugustIridium defaulted on its debt and filed for Chapter 11 bankruptcy protection.
In Marchwith only 50, subscribers, Iridium terminated its services. This case explores the following issues: Creating strategy under high levels of technological uncertainty.
The risks associated with being a first mover. The risks associated with making tradeoffs to develop new products. How to manage strategic failure. Impact of changing standards. The importance of implementation and attention to detail in startups.2 identified.” – Chris Chaney, Analyst, A.G.
Edwards, “Iridium is likely to be some of the most expensive space debris ever.” – William Kidd, Analyst. The Rise and Fall of Iridium Case Solution,The Rise and Fall of Iridium Case Analysis, The Rise and Fall of Iridium Case Study Solution, SECTION NO: 1 KEY DECISIONS TAKEN BY IRIDIUM There are many several key decisions taken by the IRIDIUM Company in order to stimulate its growth and its ove.
The Rise and Fall of George Tenet Leshea Hicks Strayer University The Rise and Fall of George Tenet The departure of George Tenet was due to a series of events that included ethical dilemmas while serving as director of the Director of the Central Intelligence Agency. As many questions were raised during his tenure, he was used a punching .
The Rise and Fall of Enron Words | 12 Pages.
) Primary motivators is known to have been greed amongst managers and their subordinates, most of whom seemed to have been in a race to receive larger bonuses even if it meant ignoring company ethics.
There is a multinational conspiracy to illegally take the mineral resources of the Haitian people: Espaillat Nanita revealed that in Haiti there are huge resources of gold and other minerals by ESPACINSULAR, SANTO DOMINGO, Dominican Republic, November 17, (Translated from Spanish original).
Rise and fall of Iridium Iridium was a giant telecommunication company, which was conceptualized in the late 80 with the aim of enhancing global communication through satellite phones. Iridium management allowed its systems department to develop products while at the same time seeking to raise finances through investors prior to .