LIKO-S: Is Green the New Grey?

Filip Zima, Mohit Srivastava, Ladislav Tyll

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52 kali
24.10.217
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Case Studies
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LIKO-S is a Czech manufacturing and construction company. The company has been designing and creating intelligent solutions, such as green facades or vertical greenery systems, to save energy in building heating and cooling systems. The company launched green facades in the Czech market. However, the main obstacle was the need for supporting data to showcase the positive environmental impact of green facades. Under these circumstances, Libor Musil’s main objective was to overcome prevalent misconceptions about green facades and find a suitable market segment. The situation worried the company, as LIKO-S had heavily invested in developing and marketing the green walls. The management had to tackle this challenge as soon as possible to recover the substantial research and development and marketing investments. Furthermore, owing to lack of information, even genuinely sustainable products were seen as greenwashing. In addition, bad or wrong customer perceptions of these walls might spill over to other products, tarnishing the company’s image and threatening its survival in the domestic market. Under these circumstances, competitors might enter the Czech market, jeopardizing the company’s overall profits. Consequently, Libor was in a great dilemma about managing the financial and reputational risk of the company. Should Libor close the green walls unit, explore different markets/uses or help increase awareness among the general population about green walls by finding a suitable marketing strategy?1

Subjek

SOCIAL RESPONSIBILITY IN BUSINESS
 

Katalog

LIKO-S: Is Green the New Grey?
ISSN: 2045-0621
13p.: pdf file.; 976 KB
English

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Pengarang

Filip Zima, Mohit Srivastava, Ladislav Tyll
Perorangan
 
 

Penerbit

Emerald Publishing Limited
New York
2023

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