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  • October 2016
  • Case

The Quiet Ascension of LA Fitness

By: John R. Wells and Gabriel Ellsworth
In 2016, LA Fitness was the largest chain of non-franchised fitness clubs in North America, operating 676 clubs, serving 4.9 million members, and generating revenues of over $1.9 billion. Founded by Chinyol Yi, Louis Welch, and Paul Norris in 1984, the privately held... View Details
Keywords: LA Fitness; Health Clubs; Fitness; Gyms; Chain; Exercise; Personal Training; Retention; Bally Total Fitness; 24 Hour Fitness; Planet Fitness; Buildings and Facilities; Acquisition; Business Growth and Maturation; Business Model; For-Profit Firms; Customers; Customer Focus and Relationships; Customer Satisfaction; Demographics; Age; Gender; Income; Residency; Borrowing and Debt; Capital; Capital Structure; Cash; Cash Flow; Cost; Private Equity; Financial Condition; Financial Liquidity; Financing and Loans; Investment Return; Price; Profit; Revenue; Geographic Location; Geographic Scope; Multinational Firms and Management; Business History; Employees; Recruitment; Selection and Staffing; Human Capital; Contracts; Business or Company Management; Goals and Objectives; Growth and Development Strategy; Market Entry and Exit; Operations; Service Operations; Leasing; Private Ownership; Problems and Challenges; Sales; Salesforce Management; Situation or Environment; Opportunities; Sports; Strategy; Business Strategy; Competition; Competitive Strategy; Competitive Advantage; Corporate Strategy; Expansion; Segmentation; Information Technology; Mobile Technology; Technology Platform; Health Industry; United States; California; Los Angeles
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  • February 2018 (Revised April 2018)
  • Case

Omar Simmons: Franchising and Private Equity

By: Steven Rogers and Alyssa Haywoode
Omar Simmons, managing director of a private equity fund that owns 53 Planet Fitness Health Clubs, has to choose: continue in private equity or shift his career to managing and growing the health clubs. An African-American graduate of Princeton University and Harvard... View Details
Keywords: Diversity Characteristics; Ethnicity Characteristics; Health Club Franchises; African-american Entrepreneurs; Finance; Private Equity; Decisions; Entrepreneurship; Motivation and Incentives; Personal Development and Career; Franchise Ownership; Consulting Industry; Boston
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  • 14 Nov 2007
  • First Look

First Look: November 14, 2007

School Note 208-037 Provides the background and high-level situation of private equity in emerging markets as of the end of 2006. Purchase this note: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=208037 PlaNet Finance:... View Details
Keywords: Martha Lagace
  • 2022
  • Book

Democratize Work: The Case for Reorganizing the Economy

By: Isabelle Ferreras, Julie Battilana and Dominique Méda
What happens to a society—and a planet—when capitalism outgrows democracy? The tensions between democracy and capitalism are longstanding, and they have been laid bare by the social effects of COVID-19. The narrative of “essential workers” has provided thin cover for... View Details
Keywords: Democratic Capitalism; Essential Workers; Sustainability; Equality and Inequality; Climate Change; Social Issues
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  • Web

Podcast - Business & Environment

preview COP29, the upcoming UN Climate Change Conference in Baku, Azerbaijan. With their extensive experience in climate negotiations and industry collaboration, Paul and Tom share insights on how COP29 fits into the broader climate... View Details
  • Web

HBS Entrepreneurship Summit - Alumni

Getting to Product Market Fit Hiring Fast and Firing Faster Life as an Entrepreneur Managing Growth vs. Profitability Managing Pivots and Setbacks Negotiating Partnerships Builders - Small Group Discussions: Builder/Founder Relationships... View Details
  • 01 Dec 2018
  • News

In My Humble Opinion: Growth Investor

that people from all over the country were moving to Memphis to help build this company.” But Bobo’s excitement had no real outlet. “We scour the planet to find athletic talent at an early age,” he says, “but we wait too long to cultivate... View Details
Keywords: Julia Hanna
  • Web

Past Issues - Alumni

ideas and trends that generated buzz in 2021—and could define 2022 New Wave Tapping the power of tides and waves to help power the planet is an attractive concept, but marine-energy companies have long been held back by issues ranging... View Details
  • 13 Jun 2011
  • HBS Case

Mobile Banking for the Unbanked

In many developing countries it's common for a person to have a mobile phone but not a bank account. In fact, more than 1 billion people fit this description, and the number is only likely to increase. To that end, many companies are... View Details
Keywords: by Carmen Nobel; Banking; Communications; Telecommunications
  • 12 Nov 2021
  • News

Alumni Business Leaders on Confronting the Climate Change Challenge

response to it, particularly in the developed economies, fits this description. Environmentalism, as we have known it since the 1960s, has been grounded in the physical sciences, law, economics, and public policy. Advocates for strong... View Details
  • Web

2022 Reunion Presentations - Alumni

of meeting the climate imperative? This is Your Time Be at Your Best to Enjoy it the Most Meredith Oppenheim (MBA 2001) , Founder and CEO of Vitality Society Josie Gardiner, Vitality Society Coach/Advisor, and Co-Author of Harvard Medical School Breast Cancer Survivor... View Details
  • Web

2024 Reunion Presentations - Alumni

and how it might be reversed. Climate and Biodiversity Finance Professor Boris Vallee 11:45 a.m.–1:00 p.m. EDT + More Info – Less Info The planet is warming fast and biodiversity is collapsing across the world, both phenomena being... View Details
  • 01 Sep 2008
  • News

Alumni Books

Community by Bert Berkley (MBA ’50) and Peter Economy (Wiley) Profiling many highly effective charitable organizations — for example, Kiva, Horizons for Homeless Children, the Annie E. Casey Foundation, and Stonyfield Farm Profits for the View Details
Keywords: Publishing Industries (except Internet); Information; Management, Scientific, and Technical Consulting Services; Professional Services
  • 25 Mar 2021
  • News

Alumni Honor Nitin Nohria and Support His Legacy

new vision of a financial system that is in harmony with the planet and its people (written by John and Natty McArthur University Professor Rebecca M. Henderson). We the Possibility: Harnessing Public Entrepreneurship to Solve Our Most... View Details
  • 01 Apr 2021
  • Blog Post

An Aerospace Engineer Provides a Lift for Underrepresented Innovators and Entrepreneurs

trajectories of satellites and worked on the development of a carrying system for a Venus rover as part of NASA’s Adept mission. “Being able to talk to these scientists and engineers at NASA about different atmospheres and different View Details
  • 01 Mar 2018
  • What Do You Think?

Two Decades Later, is the 'New Economy' Finally Here?

joined this train of thought as he commented, “A new economy has not arrived, if we define it as one that will sustain humanity on the planet for eternity ” The reasons it has not arrived are many, he continued. “(Unsustainable) global... View Details
Keywords: by James Heskett
  • 15 Nov 2018
  • News

Don’t Be Afraid of AI

lifetimes and that is worth worrying about. So, I think understanding those, and I said earlier how to regulate them, I think is important. But to keeping in mind the fact that it could really solve some very important problems, whether in sustainability or in View Details
Keywords: Computer Systems Design and Related Services; Professional Services
  • 05 Mar 2019
  • First Look

New Research and Ideas, March 5, 2019

that owns 53 Planet Fitness Health Clubs, has to choose: continue in private equity or shift his career to managing and growing the health clubs. An African-American graduate of Princeton University and... View Details
Keywords: Dina Gerdeman
  • 05 Feb 2007
  • Research & Ideas

Business and the Global Poor

Are the world's poor, who individually have less than $5 a day in disposable income, a viable market for new goods and services? Consider the fact that there are four billion people around the globe that fit this description and you have... View Details
Keywords: by Sean Silverthorne
  • 11 Aug 2016
  • Cold Call Podcast

Why College Rankings Keep Deans Awake at Night

planet at the moment. It is since every dean, every provost, every president particularly outside of the United States has an aspiration, in a university more than just a college, an aspiration to be ranked among global leaders. They are... View Details
Keywords: Re: William C. Kirby; Education