The mission of Four Visions Market LLC (Four Visions) to globalize plant medicine was facing a financial plateau. Seeking a new growth trajectory for the company, founder Mariah Gannessa partnered with Nicole Bezinski, CEO of NPB Consulting, to revitalize the brand. With 13 years of experience living among Indigenous communities in South America, Gannessa had gained first-hand insights into the healing power of plant medicine, forging deep connections .....more

This case examined Guanabana Handmade (owned by SUGAR CANE Sociedad Limitada) (Guanabana), a Spanish company specializing in handmade-fashion and home-decoration accessories manufactured in Colombia. Guanabana had built a strong reputation by overcoming operational challenges typical in the handicraft sector. Now, the company faced a strategic decision: should it expand its wholesaling model to incorporate new products and markets or should it transition .....more

In early 2020, Daniela Suarez, a dynamic fitness entrepreneur, opened a successful studio in downtown Montreal, earning a loyal clientele with her energy and passion for holistic health. When COVID-19 shutdowns forced her to close, she quickly pivoted to online training, inspiring clients and growing her brand with engaging fitness and nutrition content. A fitness contest winner and nutrition textbook author, Suarez leveraged her expertise to cultivate .....more

Metaza SA (Metaza) was a family business created by two brothers who later invited their younger siblings to join the firm. Metaza operated in the steel sector, a capital-intensive business with fierce competition. The industry had experienced several mergers and acquisitions led by international players. To remain competitive, Metaza had changed its strategy, moving away from being a steel dealer and toward being a value-added producer. However, .....more

<p align= "justify">Many factors influence corporate governance in a family firm, the most prevalent form of business entity in Latin America. National culture affects a family firm's societal values, as well as economic, political, and legal systems of governance. Normative behaviour and expectations are also key factors that affect both individual and organizational norms. The firm’s characteristics are another major source of .....more

Early in 2020, la Fundacion Delirio (Delirio), a salsa dance, music, and circus arts show from Cali, Colombia, faced the abrupt and indefinite suspension of its presentations because of lockdowns associated with COVID-19. The general director and the staff who remained had to find new ways to connect with their audiences, relying on the strength of the brand, which help them stay afloat despite restrictions on live performances. However, when considering .....more

Agricola Himalaya was a family-owned Colombian company, the national leader in the tea industry, and the owner of the only tea plantation in the country, located in the middle of a mist forest. In Colombia, owing to the labour costs involved in tea production, importing tea was less expensive than producing it locally, but if Agricola Himalaya decided to import the tea, what would be the environmental and social impact of closing the plant and plantation? .....more

Confecciones La Montana (CLM), a social business founded by former Fuerzas Armadas Revolucionarias de Colombia (FARC) combatants in rural Colombia, emerged out of the peace deal signed between FARC and the Colombian government in 2016. The business was part of the effort of former combatants to rejoin civilian life and help alleviate poverty in conflict-affected areas, thereby nurturing appropriate conditions to sustain peace in the country. However, .....more

Rappi Inc. (Rappi) was an on-demand delivery mobile application (app) that allowed users in Latin America to shop online for groceries, meals, and other products and have these delivered to them. It also provided various other services, such as cash withdrawals and dog walking. Rappi was founded in 2015, and in less than five years, it had evolved from operating in improvised headquarters in a parking lot in Bogota to becoming a member of an exclusive .....more

The Hatsu brand of tea beverages and healthy food products emerged from the idea of two Colombian entrepreneurs in 2010 and evolved, in just over five years, to capture the interest of the leading company in the Colombian beverage market, Postobon SA (Postobon), which acquired it. In this context, Hatsu faced the challenge of consolidating itself in the tea beverage market while also venturing into other product categories (e.g., cereal bars, nuts, .....more