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Prize winner
Case
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Reference no. IMD-3-0537
Published by: International Institute for Management Development (IMD)
Originally published in: 1992
Version: 16.12.2002
Length: 20 pages
Data source: Field research

Abstract

This case describes the total transformation of a wholly owned subsidiary of Aegon, one of the largest insurance companies in the Netherlands, that deals in the sale of financial instruments, such as annuities, savings and investment products. The new managing director forms a management team, and together they segment the market, introduce a variety of distribution methods and increase sales by dramatic amounts, while keeping the number of staff constant. The main issues in the case include team building, market segmentation by focusing on customer values, distribution strategy and management philsophy. A video 'IMD-3-0537-V' is available to accompany the case. There is a German translation available (D394-083-1).

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Time period

The events covered by this case took place in 1991.

Geographical setting

Region:
Europe
Country:
The Netherlands

Featured company

Spaarbeleg
Industry:
Insurance; Financial services

Featured protagonist

  • Johan van der Werf (male), Managing Director

About

Abstract

This case describes the total transformation of a wholly owned subsidiary of Aegon, one of the largest insurance companies in the Netherlands, that deals in the sale of financial instruments, such as annuities, savings and investment products. The new managing director forms a management team, and together they segment the market, introduce a variety of distribution methods and increase sales by dramatic amounts, while keeping the number of staff constant. The main issues in the case include team building, market segmentation by focusing on customer values, distribution strategy and management philsophy. A video 'IMD-3-0537-V' is available to accompany the case. There is a German translation available (D394-083-1).

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 1991.

Geographical setting

Region:
Europe
Country:
The Netherlands

Featured company

Spaarbeleg
Industry:
Insurance; Financial services

Featured protagonist

  • Johan van der Werf (male), Managing Director

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