Utilizing your knowledge of successful innovation principles, management, and practices, discuss the rise and fall of Theranos. Analyze the problems Theranos experienced. What went wrong? Remember to back up that opinion with facts and citations. I have provided some information, but there is much more to be found on the internet. Also, now that you’ve learned about ‘positive deviance,’ I’m curious to know whether or not you think Elizabeth Holmes is an example of a positive deviant.
What are the issues?
Should there have been course correction; at what point(s)?
Was the table set properly for the Board of Directors?
What were the investors told?
Did key people have the proper credentials?
Was Elizabeth Holmes a ‘positive deviant?’ Why or why not? Think carefully and support your answer.
Sample Solution
