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• Background Note | HBS Case Collection | 2012 (Revised from original 2010 version)

  Assessing a Company's Future Financial Health

  Thomas R. Piper

  The case provides students with (1) an understanding of the essence of long-term financial health; (2) familiarity with the calculation and meaning of various financial ratios; and (3) an understanding of the influence of a company's operating and competitive characteristics on its investment in various type assets, on the profitability of these investments, and on the financial structure of its balance sheet. The case also allows a discussion of (1) the incomplete and lagging nature of financial measures; (2) the influence of financial measures on behavior; and (3) the reality that financial analysis often results in better, more focused questions to be asked of management, not conclusive answers.

  Keywords: Financial Condition; Forecasting and Prediction; Investment Return; Operations; Competitive Strategy;

  Citation:

  Piper, Thomas R. "Assessing a Company's Future Financial Health." Harvard Business School Background Note 911-412, May 2012. (Revised from original November 2010 version.)

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• Article | Academy of Management Learning & Education | December 2011

  EXEMPLARY CONTRIBUTION: Transforming Mental Models on Emerging Markets

  Charles Dhanaraj and Tarun Khanna

  Economic growth in the Western world increasingly depends on meaningful engagement with emerging markets such as Brazil, China, India, South Africa, and Turkey. Business schools are responding with increased attention to these markets in their research and curricula. However, in order to understand and leverage these opportunities for teaching and learning, it is apparent that students and executives may require a major transformation of their mental models, not just incremental adjustments or extensions. Institutional economics can help prospective and established managers recognize the role of formal and informal institutions and enable them to work around the "institutional voids" in emerging markets (Khanna & Palepu, 2010). We draw on this framework to identify critical shifts in mental models required for managing effectively in emerging markets and suggest core elements of the management learning process required to accomplish such a change.

  Keywords: Emerging Markets; Business Model; Economic Growth; Developing Countries and Economies; Research; Business Education; Learning; Financial Institutions; Framework; Transformation; Perspective; India; China; Brazil; South Africa; Turkey;

  Citation:

  Dhanaraj, Charles, and Tarun Khanna. "EXEMPLARY CONTRIBUTION: Transforming Mental Models on Emerging Markets." Academy of Management Learning & Education 10, no. 4 (December 2011).

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• Teaching Note | HBS Case Collection | 2011 (Revised from original 2010 version)

  Assessing a Company's Future Financial Health (TN)

  Thomas R. Piper

  Teaching Note for 911412.

  Keywords: Financial Condition; Forecasting and Prediction;

  Citation:

  Piper, Thomas R. "Assessing a Company's Future Financial Health (TN)." Harvard Business School Teaching Note 911-415, January 2011. (Revised from original November 2010 version.)

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