Highbridge Capital Management: Building a Sustainable Organization

Highbridge Capital Management: Building a Sustainable Organization Description

In 2010 Glenn Dubin reflected upon the enduring organization and culture he and co-founder Henry Swieca had infused into Highbridge Capital Management over the course of almost two decades. Since the firm's launch in 1992, New York-based Highbridge had grown to become a diversified investment platform comprising hedge funds, traditional asset management products, and credit and equity investments with longer-term holding periods. The company employed more than 315 people at offices in New York, London, Hong Kong and Tokyo, and managed $21 billion for prominent institutional investors, public and corporate pension funds, endowments, foundations and family offices. Highbridge was known by many on Wall Street as a "benchmark," largely due to the firm's investment performance and to the diversity and dynamism of the organization. Investors had come to rely on Highbridge's consistent returns and attention to risk management. The firm comprised a group of gifted, committed professionals as a result of Dubin's longtime focus on talent, nurturing a culture of collaboration, building a sophisticated risk management and technology platform, and maintaining a robust operating infrastructure. In 2009, J.P. Morgan completed its purchase of Highbridge-a strategic partnership the two organizations began in 2004 when J.P. Morgan Asset Management purchased a majority interest in the firm. In 2010, Dubin described his desired impact on the increasingly complex and sophisticated organization: "I hope that my legacy will be a bigger and more diversified Highbridge-but one that has the same culture and core principles of excellence, staffed with individuals with high integrity and an interest in successful collaboration. This is the only way I know to ensure that our initial goal of creating an organization that can outlive its founders will be achieved."

Case Description Highbridge Capital Management: Building a Sustainable Organization

Strategic Managment Tools Used in Case Study Analysis of Highbridge Capital Management: Building a Sustainable Organization

STEP 1. Problem Identification in Highbridge Capital Management: Building a Sustainable Organization case study

STEP 2. External Environment Analysis - PESTEL / PEST / STEP Analysis of Highbridge Capital Management: Building a Sustainable Organization case study

STEP 3. Industry Specific / Porter Five Forces Analysis of Highbridge Capital Management: Building a Sustainable Organization case study

STEP 4. Evaluating Alternatives / SWOT Analysis of Highbridge Capital Management: Building a Sustainable Organization case study

STEP 5. Porter Value Chain Analysis / VRIO / VRIN Analysis Highbridge Capital Management: Building a Sustainable Organization case study

STEP 6. Recommendations Highbridge Capital Management: Building a Sustainable Organization case study

STEP 7. Basis of Recommendations for Highbridge Capital Management: Building a Sustainable Organization case study

Case Analysis of Highbridge Capital Management: Building a Sustainable Organization

Highbridge Capital Management: Building a Sustainable Organization is a Harvard Business (HBR) Case Study on Leadership & Managing People , Texas Business School provides HBR case study assignment help for just $9. Texas Business School(TBS) case study solution is based on HBR Case Study Method framework, TBS expertise & global insights. Highbridge Capital Management: Building a Sustainable Organization is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. Highbridge Capital Management: Building a Sustainable Organization case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. Highbridge Capital Management: Building a Sustainable Organization will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

Highbridge Capital Management: Building a Sustainable Organization case study solution is focused on solving the strategic and operational challenges the protagonist of the case is facing. The challenges involve – evaluation of strategic options, key role of Leadership & Managing People, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of Highbridge Capital Management: Building a Sustainable Organization, is to not only build a competitive position of the organization but also to sustain it over a period of time.

Strategic Management Tools Used in Case Study Solution

The Highbridge Capital Management: Building a Sustainable Organization case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

Texas Business School Approach to Leadership & Managing People Solutions

In the Texas Business School, Highbridge Capital Management: Building a Sustainable Organization case study solution – following strategic tools are used - SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

We have additionally used the concept of supply chain management and leadership framework to build a comprehensive case study solution for the case – Highbridge Capital Management: Building a Sustainable Organization

Step 1 – Problem Identification of Highbridge Capital Management: Building a Sustainable Organization - Harvard Business School Case Study

The first step to solve HBR Highbridge Capital Management: Building a Sustainable Organization case study solution is to identify the problem present in the case. The problem statement of the case is provided in the beginning of the case where the protagonist is contemplating various options in the face of numerous challenges that Highbridge Dubin is facing right now. Even though the problem statement is essentially – “Leadership & Managing People” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in Highbridge Dubin, style of leadership and organization structure, marketing and sales, organizational behavior, strategy, internal politics, stakeholders priorities and more.

Step 2 – External Environment Analysis

Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Highbridge Capital Management: Building a Sustainable Organization.

The external environment analysis of Highbridge Capital Management: Building a Sustainable Organization will ensure that we are keeping a tab on the macro-environment factors that are directly and indirectly impacting the business of the firm.

What is PESTEL Analysis? Briefly Explained

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Highbridge Capital Management: Building a Sustainable Organization case study. PESTEL analysis of " Highbridge Capital Management: Building a Sustainable Organization" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

How to do PESTEL / PEST / STEP Analysis? What are the components of PESTEL Analysis?

As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with Highbridge Capital Management: Building a Sustainable Organization macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for Highbridge Capital Management: Building a Sustainable Organization

To do comprehensive PESTEL analysis of case study – Highbridge Capital Management: Building a Sustainable Organization , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.

Policy Making Impact on Highbridge Capital Management: Building a Sustainable Organization

Government policies have significant impact on the business environment of any country. The firm in “ Highbridge Capital Management: Building a Sustainable Organization ” needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible.

Data safety laws – The countries in which Highbridge Dubin is operating, firms are required to store customer data within the premises of the country. Highbridge Dubin needs to restructure its IT policies to accommodate these changes. In the EU countries, firms are required to make special provision for privacy issues and other laws.

Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. Highbridge Capital Management: Building a Sustainable Organization has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, Highbridge Dubin in case study Highbridge Capital Management: Building a Sustainable Organization" should look into the import restrictions that may be present in the prospective market.

Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. Highbridge Dubin in case study “ Highbridge Capital Management: Building a Sustainable Organization ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, Highbridge Dubin in case study “ Highbridge Capital Management: Building a Sustainable Organization ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Taxation & Regulation Impact on Highbridge Capital Management: Building a Sustainable Organization

Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.

Tariffs – Chekout how much tariffs the firm needs to pay in the “ Highbridge Capital Management: Building a Sustainable Organization ” case study. The level of tariffs will determine the viability of the business model that the firm is contemplating. If the tariffs are high then it will be extremely difficult to compete with the local competitors. But if the tariffs are between 5-10% then Highbridge Dubin can compete against other competitors.

Government Scheme & Subsidies Impact on Highbridge Capital Management: Building a Sustainable Organization

Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at Highbridge Capital Management: Building a Sustainable Organization case study have to assess whether their business can benefit from such government assistance and subsidies.

Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.

Political System & Stability, and its Impact on Highbridge Capital Management: Building a Sustainable Organization

Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.

Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.

Corruption level – Highbridge Dubin needs to assess the level of corruptions both at the official level and at the market level, even before entering a new market. To tackle the menace of corruption – a firm should have a clear SOP that provides managers at each level what to do when they encounter instances of either systematic corruption or bureaucrats looking to take bribes from the firm.

Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.

Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.

Economic Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Social Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Technological Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Environmental Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Legal Factors that Impact Highbridge Capital Management: Building a Sustainable Organization

Step 3 – Industry Specific Analysis

What is Porter Five Forces Analysis

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Highbridge Capital Management: Building a Sustainable Organization case study. PESTEL analysis of " Highbridge Capital Management: Building a Sustainable Organization" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

Step 4 – SWOT Analysis / Internal Environment Analysis

Step 5 – Porter Value Chain / VRIO / VRIN Analysis

Step 6 – Evaluating Alternatives & Recommendations

Step 7 – Basis for Recommendations

References :: Highbridge Capital Management: Building a Sustainable Organization case study solution