Popular Searches
Useful Links
Investment and Banking Case Study
Case Title:Kroll Inc.: From Private Eye to Risk Management Specialist
Publication Year : 2005
Authors: Urmila Balakrishnan, T. Phani Madhav
Industry: Surveillance, Investigation and Security Consulting
Region:USA
Case Code: FAC0024
Teaching Note: Not Available
Structured Assignment: Not Available
OR
Abstract:
Kroll Inc is an investigative firm founded in 1972 by Jules B. Kroll. The firm started as a provider of investigative services and gradually diversified into risk consulting practices. With strategic acquisitions, focused customer relationships and a corpus of highly skilled professionals, Kroll Inc. gained clients and financial stability. In the year 1999, Marsh and McLennan Companies (MMC), the world's largest insurance brokerage firm, acquired the company. MMC was a troubled company facing investigations by the Securities and Exchange Commission (SEC). In 2004, Simon V. Freakley who became the Chief Executive Officer of Kroll Inc. faced challenges on many fronts, one of them being differentiating Kroll Inc and MMC's businesses.
Pedagogical Objectives:
- To discuss the strategies adopted by Kroll Inc. while diversifying itself from an investigative business to a global provider of risk consulting services
- To highlight challenges facing the company after take over by MMC.
Keywords : Kroll Inc; Jules B Kroll; Risk consulting; Acquisitions; Diversification; Marsh and McLennan; Growth Strategies Case Study; Securities and Exchange Commission (SEC) investigations
Recently Bought Case Studies
Global Banking Industry: The New Horizons
Price: $25
Hardcover edition
ISBN 978-81-314-2414-8
Fast Food Retailing Industry - Vol. I
Price: $25
Hardcover edition
ISBN 978-81-314-2456-8
Decision Making
Price: $50
Hardcover edition
ISBN 978-81-314-1571-9- View all Casebooks »
Case Studies On
Course Case Mapping For Financial Management - I
Price: $Course Case Mapping For Financial Management - I
Hardcover edition
Course Case Mapping For Quantitative Methods
Price: $Course Case Mapping For Quantitative Methods
Hardcover edition
Course Case Mapping For Marketing Management - I
Price: $Course Case Mapping For Marketing Management - I
Hardcover edition- View All Course Casemaps»
Course Case Mapping For
An Interview with Personnel of Vaatsalya Group
Price: $Vaatsalya Hospitals (B): The Operational Model
An interview with Dr. Ashwin Naik & Dr. Veerendra Hiremath
Price: $Vaatsalya Hospitals (A): The Business Model
An Interview with Dr.Rajiv Malhotra & (Prof)Dr.M.P.Sharma
Price: $Managing a World-Class Hospital: The Rockland Story- View all Video Interviews»
Video Interviews
Training and Development
Executive Brief with Anjali Mukherjee
Highly Recommended for Human Resource Management / Training and Development Course
You Can't Play by Rules, Always
Executive Brief with R.D. Prasad, Product Manager.
Highly Recommended for Organizational Behavior Course
New Recruit MBAs Attitudes
Executive Brief with Lopamudra Ray, Keya Gupta and Deepika Lingala.
Highly Recommended for Organizational Behavior Course- View all Executive Briefs»
Executive Brief
David Conklin
David Conklin, is a professor at the Richard Ivey School of Business
Speaks on Government and Business
Lord Meghnad Desai
Lord Meghnad Desai, is an Indian-born British economist and Labor politician
Speaks on Government and Business
Vijay Govindarajan
Vijay Govindarajan, is widely regarded as one of the world’s leading experts on strategy and innovation
Speaks on Reverse Innovation- View All Executive Interviews»
