Features in Harvard Business Publishing as a management case study
GOQii, the world’s leading Health and Wellness Company has once again made it to the no.1 position in the Indian wearable market with a 15.5% market share in Q4 2016 as per the latest report from IDC. It’s the unique model of a fitness tracker combined with an integrative service ecosystem that consists of a personal coach, doctor and diagnostic that puts GOQii in this position. GOQii clearly does not operate as a wearable business alone but is in the business of helping people get fit and changing their lives. In three years it has been able to expand itself into a full-fledged health ecosystem.
It’s not only about being a market leader quarter after quarter but, recently, GOQii added another feather in its cap by getting featured as a management case study in Harvard Business Publishing platform for educators. Since its inception, GOQii has been creating a disruption in the Indian healthcare industry and has partnered with companies in various areas of healthcare to build a complete health eco-system.
It understood that HBR editor gets hundreds of submissions a year but barely 2% have the chance of making it into the magazine. As is reported earlier, it is understood that the editor of HBR does not look at a single company telling its own story but looks for an academic who has pulled a lot of research together to draw conclusions. Why does a busy executive in another part of the world need to read this piece now? Who does this theory apply to? What are the implications of it?
This is precisely what the case authors of GOQii have done. The case study authored by Dr Sonia Mehrotra, Associate Professor, Welingkar Institute of Management, Development and Research andDrArun Pereira, Clinical Associate Professor, Indian School of Business has been extensively researched and focuses on the entrepreneurial skills of Vishal Gondal, Founder and CEO, along with highlighting the factors on which an entrepreneurial opportunity is dependent. The case authors have made sure that the study is a piece that would matter to anybody other than the firm itself.
“As I interacted with Vishal and learnt more about GOQii, I was convinced that this represented a fascinating case study for management students. He had the ability to think ahead of time and launch GOQii, which has over time been developed as a comprehensive healthcare program with its own ecosystem. Every step of the case study development process revealed new insights on GOQii efforts to generate positive customer experience,” says DrMehrotra.
“It is not every entrepreneur who has the vision and the ability to ‘see around corners’,” says Dr Pereira. Further, he adds, “I believe Vishal is one of a few, and it was wonderful to capture his entrepreneurial approach through this case so that it can be brought to the classroom.”
The case study also showcases the healthcare industry in India and the competitive advantage that GOQii has attained to meet the customer requirements.Commenting on this achievement Vishal Gondal, CEO and Founder says, “It is indeed a proud moment for us that GOQii has received recognition in a short span of time and that the student community is looking at the success of GOQii as a benchmark for their management program”. “Our venture captured as a case study for management education and listed on the Harvard Business Publishing platform reinstates our vision of healthy living and preventive healthcare. We hope that through the case study we are able to create strong leaders for the future,” Gondal adds.
With a focus on higher education, Harvard Business Publishing serves as a bridge between academia and enterprises around the globe through its publications and multiple platforms for content delivery, and its reach into three markets: academic, corporate, and individual managers.
Description of the case studies are available here