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Sherritt Goes to Cuba (A): Political Risk in Uncharted Territory

Reference: HBS-711001-E
Year: 1990
Number of pages: 14
Geographic Setting: Cuba;United States;Canada
Publication Date: Sep 17, 2010
Fecha de edición: Apr 13, 2011
Source: HBSP (USA)
Type of Document: Case

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Description

Ian Delaney, CEO of Sherritt, a primarily a mining company, visited Cuba in the early 1990s to negotiate a deal to export nickel for their Canadian refineries. The case describes the difficulties of doing business in Cuba and the challenges Delaney overcame to turn Sherritt into a large diversified holding company that operates in mining, oil, utilities, telecomm, hotels, and others. Delaney did this while managing a relationship with an authoritarian regime with an anti-capitalist discourse.

Keywords

Emerging markets International business Multinational corporations Operations and processes Strategy Technology