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Compact case
Case
-
Reference no. IMD-2668
Published by: International Institute for Management Development (IMD)
Originally published in: 2025
Version: 26.06.2025
Length: 4 pages
Data source: Published sources

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 B explains Theranos's eventual collapse and highlights how the board contributed to a culture of deception within the company.

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

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 B explains Theranos's eventual collapse and highlights how the board contributed to a culture of deception within the company.

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

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