Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 14.11.2003
Length: 6 pages
Data source: Field research
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https://casecent.re/p/11437
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Abstract
The MIT European Club runs a very successful career-fair and offers a popular visitor information service on the Internet. Both tasks grow in demand and are going beyond the initial mission of the Club. The logical step would be to develop an Internet-portal going for a large share of the information, networking, and recruiting business for visitors from Europe. This would require a spin-off of a part of the Club into an independent venture team. But the Club faces lack of team commitment, lack of critical management and technical resources, and lack of experience in running an Internet business.
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Abstract
The MIT European Club runs a very successful career-fair and offers a popular visitor information service on the Internet. Both tasks grow in demand and are going beyond the initial mission of the Club. The logical step would be to develop an Internet-portal going for a large share of the information, networking, and recruiting business for visitors from Europe. This would require a spin-off of a part of the Club into an independent venture team. But the Club faces lack of team commitment, lack of critical management and technical resources, and lack of experience in running an Internet business.