HBSP (USA)
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Forced to Shut Down
Beard, AlisonArticle HBS-R1105L-EIn 1999, Mei Zhang quit her lucrative consulting job to launch WildChina, a small travel company in her native China. Nearly four years later, the SARS outbreak hit Asia, battering a travel industry still recovering from the 9/11 terrorist attacks. Faced with this crisis, Zhang opted for drastic measures: WildChina ceased operations, she and the COO suspended their incomes, and all other employees went on vacation at 25% pay. These were prudent m...Starting at €8.20