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Thumbnail image for product with reference number IMD-2667
Compact case
Governance at Theranos (A): A Blindsided Board
Case
-
Reference no. IMD-2667
Subject category: Ethics and Social Responsibility
Authors: Anand Narasimhan (International Institute for Management Development (IMD)); Shruti Bajpai (International Institute for Management Development (IMD))
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 26.06.2025
Length: 5 pages
Data source: Published sources
Topics: Business ethics; Governance; Leadership; Board
Share a link: https://casecent.re/p/207543
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Abstract

This is part of a case series. This is a riveting case about poor board governance at Theranos that fostered a culture of deception and led to the company's collapse and the criminal conviction of its celebrated founder, Elizabeth Holmes. Case A outlines the establishment and growth of Theranos, it's board expansion and the issues that led to the Wall Street Journal article that raised serious questions regarding the truth of the company's claims about its product.

Time period

The events covered by this case took place in 2003-2022.

Geographical setting

Region:
Americas
Country:
United States

Featured company

Theranos
Employees:
501-1000
Industry:
Biotechnology
Thumbnail image for product with reference number IMD-2667-T
Governance at Theranos
Teaching note
-
Reference no. IMD-2667-T
Subject category: Ethics and Social Responsibility
Authors: Anand Narasimhan (International Institute for Management Development (IMD)); Shruti Bajpai (International Institute for Management Development (IMD))
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 25.06.2025
Length: 4 pages
Data source: Published sources
View full details
Thumbnail image for product with reference number IMD-2668
Compact case
Governance at Theranos (B): The Aftermath
Case
-
Reference no. IMD-2668
Subject category: Ethics and Social Responsibility
Authors: Anand Narasimhan (International Institute for Management Development (IMD)); Shruti Bajpai (International Institute for Management Development (IMD))
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 26.06.2025
Length: 4 pages
Data source: Published sources
Topics: Business ethics; Governance; Leadership; Board
View full details

About

Abstract

This is part of a case series. This is a riveting case about poor board governance at Theranos that fostered a culture of deception and led to the company's collapse and the criminal conviction of its celebrated founder, Elizabeth Holmes. Case A outlines the establishment and growth of Theranos, it's board expansion and the issues that led to the Wall Street Journal article that raised serious questions regarding the truth of the company's claims about its product.

Settings

Time period

The events covered by this case took place in 2003-2022.

Geographical setting

Region:
Americas
Country:
United States

Featured company

Theranos
Employees:
501-1000
Industry:
Biotechnology

Related

Thumbnail image for product with reference number IMD-2667-T
Governance at Theranos
Teaching note
-
Reference no. IMD-2667-T
Subject category: Ethics and Social Responsibility
Authors: Anand Narasimhan (International Institute for Management Development (IMD)); Shruti Bajpai (International Institute for Management Development (IMD))
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 25.06.2025
Length: 4 pages
Data source: Published sources
View full details
Thumbnail image for product with reference number IMD-2668
Compact case
Governance at Theranos (B): The Aftermath
Case
-
Reference no. IMD-2668
Subject category: Ethics and Social Responsibility
Authors: Anand Narasimhan (International Institute for Management Development (IMD)); Shruti Bajpai (International Institute for Management Development (IMD))
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 26.06.2025
Length: 4 pages
Data source: Published sources
Topics: Business ethics; Governance; Leadership; Board
View full details