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Record W1582205406

Lehman Trikes: A Story within a Story

2011· article· en· W1582205406 on OpenAlexaboutno aff
Donald C. Looney, Annette Ryerson

Bibliographic record

VenueJournal of the International Academy of Case Studies · 2011
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicBusiness Strategies and Innovation
Canadian institutionsnot available
Fundersnot available
KeywordsAllianceRecessionProduct (mathematics)Niche marketProsperityEntrepreneurshipMarketingManagementProduct strategyFirst-mover advantageBusinessNew product developmentEconomicsPolitical scienceFinanceEconomic growthProduct managementLaw
DOInot available

Abstract

fetched live from OpenAlex

CASE DESCRIPTION primary subject matter of this case is strategic alliances. Secondary issues include business strategy, entrepreneurship and marketing. case explores the dynamics of an alliance between Harley-Davidson and a small, entrepreneurial, niche market company, Lehman Trikes. case is appropriate for senior level four undergraduate courses or level five graduate classes. case may be taught in two class hours with 1-2 hours of outside student preparation. CASE SYNOPSIS case analyzes the strategic alliance between Lehman Trikes, a small but rapidly growing leading manufacturer of three-wheeled motorcycles, and Harley-Davidson. case also examines the strategies chosen by Lehman and Harley to implement the alliance, and simultaneously deal with the worldwide recession of 2008-2009. Lehman Trikes, located in Spearfish, South Dakota, is a publicly owned company trading on the TSX Canadian Venture Exchange. As the world was in the midst of a crippling recession, on July 22, 2008, Harley-Davidson unveiled the new Tri Glide three-wheeled motorcycle at the annual dealer meeting in Las Vegas. At the same meeting, Harley announced that Lehman Trikes would be the exclusive supplier to Harley-Davidson of the Tri Glide. Ron Hutchinson, senior vice president of product development for Harley-Davidson said, This is a big deal. three-wheeled market is a market that we believe has been effectively underserved because it has been done in the aftermarket. While the entrance of Harley-Davidson into the trike market would obviously legitimize and add enormous growth opportunities for the three-wheel segment of the motorcycle market, would it profoundly change Lehman's environment and business model? Dan Patterson, then CEO of Lehman Trikes, would later cryptically write of the event in the 2008 Third Quarter Report, We are truly pleased to have Harley-Davidson as both a competitor and a business associate. Did this somewhat obscure statement reflect his concerns about the new supply agreement? With the active participation of Harley-Davidson in the trike market, would the three-wheeled motorcycle market emerge from a niche market status to become a primary market and entice the market leaders to introduce complete and competitive trike products? Would Lehman Trikes, The Leader of the Three World, remain able to dominate the trike market? How would Lehman's strategic supply agreement with Harley-Davidson evolve, and will their long term goals be consistent? In analyzing the case students should focus on several key questions. Would the alliance between Lehman and Harley-Davidson meet both of their strategic goals and what were the benefits to each organization of the alliance? What were the risks a small organization like Lehman was taking in entering an agreement with a much larger partner versus the rewards they hoped to gain? Was Harley fair in their dealings with Lehman or did they take advantage of their much smaller partner? Historically, Harley limited supply of new product launches. In the midst of a recession, was this the best marketing strategy? And finally, how viable was Lehman's business model? INSTRUCTOR'S NOTES RECOMMENDATIONS FOR TEACHING APPROACHES Lehman Trikes case should be appealing to most business students because of the popularity of Harley -Davidson and the unusual alliance with a small entrepreneurial, niche market company, Lehman Trikes. instructor is provided with a case that is exciting to the student, yet teaches management strategy, marketing and entrepreneurship. Instructors will find that many of the students are familiar with Harley -Davidson or have aspirations to own one of their motorcycles. uniqueness of the trike market and the success of a start up like Lehman Trikes should also provide a level of interest from the students. Discussing Lehman Trikes and their agreement with Harley -Davidson should generate a lively discussion amongst students about the two companies' strategies. …

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How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.402
Threshold uncertainty score0.287

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.101
GPT teacher head0.296
Teacher spread0.195 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2011
Admission routes1
Has abstractyes

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