Airbnb Case Study Exercise PDF
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Summary
This document is a case study exercise focusing on Airbnb's early journey and entrepreneurial characteristics. The exercise involves analyzing the risks, action orientation, passion, and the need for achievement in the business. It also includes a problem-solving challenge where students are tasked with creating solutions to address Airbnb's competition while staying true to its values.
Full Transcript
**Airbnb Case Study Exercise** **Student Handout: Airbnb Case Study** **Objective** Analyze the early journey of Airbnb to understand entrepreneurial personality traits: **risk acceptance, action orientation, passion, and the need to achieve.** Apply these traits to solve a modern business challe...
**Airbnb Case Study Exercise** **Student Handout: Airbnb Case Study** **Objective** Analyze the early journey of Airbnb to understand entrepreneurial personality traits: **risk acceptance, action orientation, passion, and the need to achieve.** Apply these traits to solve a modern business challenge. **The Airbnb Story** **Challenges Faced by Airbnb** **Today:** **Part 1: Case Study Analysis (15 Minutes)** In your groups, read the case study and discuss the following questions: 1. What risks did the founders take, and how did they manage them? 2. How did action orientation help them overcome early challenges? 3. How did their passion shape the culture and vision of Airbnb? 4. What role did the need to achieve play in their success? **Part 2: Problem-Solving Challenge (20 Minutes)** **Challenge:** As Airbnb's leadership team, address the following question: **"How can Airbnb address growing competition from traditional hotels and other platforms while staying true to its community-driven values?"** 1. **Brainstorm Solutions:** - Come up with creative, bold strategies. - Demonstrate **risk acceptance**, **action orientation**, and **passion** in your solutions. 2. **Presentation Preparation:** - Create a 2-minute pitch that includes: - Risks involved and how to navigate them. - Immediate actions Airbnb should take. - Alignment with Airbnb's values. **Part 3: Presentations** Each group will present their solution in 2 minutes. Be prepared to explain your reasoning and answer quick questions. **Debrief and Reflection (5 Minutes)** Participate in a class discussion: 1. How did taking calculated risks help Airbnb grow? 2. Why is quick and decisive action important for entrepreneurs? 3. How does passion drive perseverance during tough times? 4. How do ambitious goals contribute to success? **Outcome:**\ By analyzing Airbnb's story, you will learn how real-world entrepreneurs navigate challenges using their personality traits and how to apply these traits to modern business problems.
