Three Cases on Critical Analysis
1. A new member was going to join the board of directors of an IT startup. He was also ready to invest. Several rounds of meetings had been held, and the MD of the company had made a decision as to whether the values and vision of the company would match those of the potential new board member. BioPicLab was hired to have a conversation with that investor. Many things about his personal life came up in the conversation; from losing his mother in childhood; growing up in a hostel; leaving the doctor’s profession because of the pain of illness and grief despite his medical education; starting an image processing company from his father’s wealth; his attraction to technology; everything was talked about. Conversations with him revealed that he is vindictive, prone to tendencies and shaky in commitment. He does not have the qualities of being a team player, as he was quite successful in solo business, but whenever he went into a partnership with someone, it was not sustainable.
That report was sent to the MD of the IT company employing BiopicLab.
2. Three university friends started a business together. The company was doing well, but they couldn’t keep up with their employees despite their market-flexible salary. All three had long chats with BioPicLab, first together, then one-on-one, to find out what the problem was. On observation, there was a crisis of mutual trust between the three friends, and one was exercising power behind the other, not following the protocol, of which the workers were the victims. Salary is also available in other companies, but the mental harassment here was unbearable, which was acting as a major factor behind employees’ leaving the company.
3. BiopicLab has been placed as an observer on the board of venture capitalists. Four graduates were giving a presentation on creating a platform similar to LinkedIn. All of the forecasts, including how many subscribers they would get in how many days, when the break event would pass, and what percentage growth would occur annually, were accurate. Almost all the investors became ecstatic about the team.
The four were given a simple task by BiopicLab, which was that they each had twenty minutes to write about three failures in the lives of their other team members and one unique aspect of each of the other three. The four young men were likewise very disgruntled, as were the other board members, who were clearly upset. Before the twenty-minute deadline, everyone submitted their work. After being instructed to read the text, and they carried on the instruction, it was the board members who started to object, saying things like, “You don’t know each other well enough; why do you expect other people to use your platform?”