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  • October 2016
  • Supplement

24 Hour Fitness (B): Ownership Changes, 2005–2016

By: John R. Wells and Gabriel Ellsworth
In 2016, 24 Hour Fitness was the number-two fitness chain in the United States, generating revenues of $1.4 billion from 441 clubs serving 3.8 million members. Based in San Ramon, California, 24 Hour Fitness operated clubs in 13 states. Having grown rapidly to become... View Details
Keywords: Advertising; Advertising Campaigns; Buildings and Facilities; Acquisition; Business Growth and Maturation; Business Model; Business Organization; For-Profit Firms; Customers; Customer Focus and Relationships; Customer Satisfaction; Age; Training; Private Equity; Financing and Loans; Price; Profit; Revenue; Geographic Location; Geographic Scope; Health; Nutrition; Business History; Human Resources; Employees; Employee Relationship Management; Recruitment; Selection and Staffing; Journals and Magazines; Human Capital; Business or Company Management; Goals and Objectives; Growth and Development Strategy; Management Teams; Marketing; Brands and Branding; Marketing Channels; Marketing Communications; Marketing Strategy; Social Marketing; Demand and Consumers; Market Entry and Exit; Media; Organizational Design; Private Ownership; Problems and Challenges; Groups and Teams; Sales; Salesforce Management; Situation or Environment; Welfare or Wellbeing; Sports; Strategy; Business Strategy; Competition; Competitive Strategy; Competitive Advantage; Corporate Strategy; Expansion; Segmentation; Information Technology; Internet; Mobile Technology; Online Technology; Software; Web Sites; Value; Valuation; Health Industry; Media and Broadcasting Industry; United States; California; San Francisco
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Wells, John R., and Gabriel Ellsworth. "24 Hour Fitness (B): Ownership Changes, 2005–2016." Harvard Business School Supplement 717-423, October 2016.
  • 12 Jun 2019
  • Research & Ideas

Investors Have More Than Money to Offer Entrepreneurs

Invitations to recruiting events Beyond the basics: Seek examples of job descriptions (JDs) and critiques of those you’ve written. Most investors were operators once and have a good sense of how to write a good JD. Investors may also have... View Details
Keywords: by Julia Austin
  • 01 Sep 2008
  • News

Balanced Equation

took a job at Stride Rite. By the time eBay came along, I was at Hasbro in Rhode Island. Fortunately, my husband was game to move back to California. What was your first reaction when a recruiter asked you to consider interviewing at... View Details
Keywords: James Aisner;Deborah Blagg;Julia Hanna;Susan Young; Management, Scientific, and Technical Consulting Services; Professional Services
  • 01 Jun 2017
  • News

Life in Lockdown

discussed the question with Marcela Sapone (MBA 2015), who had just launched Whitespace, a venture lab and startup incubator. The women then recruited fellow first-year MBAs Mike Chang (MBA 2014), Jessica Beck (MBA 2015), and Okalo Ikhena... View Details
Keywords: Jennifer Myers; photography by Chris Churchill
  • 12 Oct 1999
  • Research & Ideas

What It Takes: Minorities in the Executive Suite

others. Finally, these mentors often became powerful sponsors later in the minority executives' career, recruiting them again and again to new positions." Beyond all this, for minorities to succeed in the upper reaches of Corporate... View Details
Keywords: by Judith A. Ross
  • 20 Aug 2020
  • Blog Post

“Business as Usual, In a Different Way” – Creating an Impactful Remote Internship at Actis

became a program of two to three-hour Zoom calls over a period of four weeks so that information could be shared in digestible chunks. “What was really lovely about this switch is that we were able to recruit more people from around Actis... View Details
Keywords: Venture Capital / Private Equity; Other Financial Services
  • 05 Jun 2020
  • Blog Post

Developing Black Talent for Leadership

contributions to HBCUs. If you haven’t supported any yet, establish an HBCU as a target recruiting school that receives the same funding and headcount as other target schools. Finally, companies must also advocate with local, state, and... View Details
  • 12 May 2022
  • News

Onboarding

terms of time. But you know, the recruitment and selection process has changed quite a bit. Back in the early 90s, late 80s, it was generally just a question of the chairman and CEO and the other board members looking at their... View Details
  • 06 Mar 2013
  • Research & Ideas

HBS Cases: Women MBAs at Harvard Business School

Radcliffe College, indicating a personal commitment to educating women well before they were officially admitted into the full two-year MBA Program. In 1965, the School hired an administrative assistant to the Dean, whose main responsibility was to View Details
Keywords: by Carmen Nobel; Education
  • 13 Jun 2012
  • HBS Case

HBS Cases: A Startup Takes On the Credit Ratings Giants

Three. Should it focus its business on a single sector such as structured products or attack multiple sectors? How could enough skilled analysts be recruited quickly? How would the firm acquire status as a Nationally Recognized... View Details
Keywords: by Maggie Starvish; Banking; Financial Services
  • 31 Oct 2004
  • Research & Ideas

The New CEO’s Wrong Message

wanted to be consulted and those on which he would fully trust his managers. He created a task force to review some of the company's key management processes—planning, budgeting, performance evaluation, new product rollout, development of marketing campaigns, and View Details
Keywords: by Michael E. Porter, Jay W. Lorsch & Nitin Nohria
  • 22 Jul 2021
  • News

Mentoring Fashion Startups in Singapore; Rising Star Accolades for Mid-Career Women

Chris Marshall (DBA 1996), Kamal Karmakar (OPM 37), Eugene Lee (MBA 1976), and Sophia Shing (MBA 1997). The seven participating startups were recruited by TaFF as part of The Bridge Fashion Incubator (TBFI) program, considered Southeast... View Details
Keywords: Margie Kelley
  • 01 Dec 2008
  • News

Lesson from the Fall

controls the recruitment and tenure of directors, sets the board’s agenda, selects the information that flows to the board, and oversees the process of evaluating CEO performance, directors will find it difficult to shift the power... View Details
Keywords: Malcolm S. Salter; Oil and Gas Extraction; Mining; Electric Power Generation, Transmission, Distribution; Utilities
  • 01 Sep 2003
  • News

Books

bibles of business success, the silver bullets of top performance, the secrets to long-term accomplishment and growth. And you’ve heard all about the importance of information technology, total quality management, and recruiting that... View Details
Keywords: Deborah E. Blagg; Margie Kelley; Colleges, Universities, and Professional Schools; Educational Services
  • 25 Aug 2022
  • News

Labs Enable Large-scale Research

will expand on it by recruiting organizations interested in participating in rigorous testing of the feasibility, scalability, and effectiveness of different approaches. The research output of the lab will be valuable to organizations... View Details
  • 01 Sep 2012
  • News

Ideas in Action

academic freedom—the opportunity to focus on big ideas without the distraction of grant writing—is also a competitive advantage in recruiting faculty. Consequently, our work is pathbreaking and has impact on both practice and management... View Details
Keywords: Garry Emmons;Julia Hanna;Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services; Publishing Industries (except Internet); Information
  • 01 Dec 2008
  • News

Seth Klarman

Professor Bill Poorvu recruited him to help manage a $27 million pool of capital in the newly formed Baupost. While the starting salary was an underwhelming $35K, it turned out to be the opportunity of a lifetime. In 26 years, Baupost has... View Details
Keywords: Roger Thompson; Finance
  • 27 Apr 2010
  • First Look

First Look: April 27

managers and recruiters are questioning conventional business education. Their concerns? Among other things, MBA programs aren't giving students the heightened cultural awareness and global perspectives they need. Newly minted MBAs lack... View Details
Keywords: Martha Lagace
  • 01 Sep 2013
  • News

Who Are We?

time recruiting "hell week" rolled around in November. After graduation, she went to The Parthenon Group in Boston, and he joined McKinsey in Houston. As consultants, they traveled constantly, so maintaining a long-distance relationship... View Details
Keywords: Garry Emmons; Julia Hanna; Dan Morrell; social media,; Twitter; SodaStream; consulting; consultant; CEO; farming; News, Library, Internet, and Other Services; Information; Agriculture; Food Manufacturing; Manufacturing; Rail Transportation; Transportation
  • 21 Nov 2005
  • Research & Ideas

Making Credibility Your Strongest Asset

said yes. Once Rovell recruited a celebrity, that person often would cheerfully give him another star's direct line. Rovell quickly built an impressive Rolodex. You can succeed without explicitly swapping favors. Tapes of the show... View Details
Keywords: by Michael Wheeler
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