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Case study
Publication date: 24 April 2024

Jared D. Harris, Samuel L. Slover, Bradley R. Agle, George W. Romney, Jenny Mead and Jimmy Scoville

In early 2014, recent Stanford University graduate Tyler Shultz was in a quandary. He had been working at Theranos, a blood-diagnostic company founded by Elizabeth Holmes, a…

Abstract

In early 2014, recent Stanford University graduate Tyler Shultz was in a quandary. He had been working at Theranos, a blood-diagnostic company founded by Elizabeth Holmes, a Stanford-dropout wunderkind, for almost a year. Shultz had learned enough about the company to realize that its practices and the efficacy of its much-touted finger-prick blood-testing technology were questionable and that the company was going to great lengths to hide this fact from the public and from regulators.

Theranos and Holmes were Silicon Valley darlings, enjoying positive press and lavish attention from potential investors and technology titans alike. Just as companies like PayPal had revolutionized the stagnant payments industry and Uber had upended the for-hire transportation sector, Theranos had been positioned as the latest technology firm to substantially disrupt yet another mature sector: the medical laboratory business. By the start of 2014, the company had raised more than $400 million in funding, and had an estimated market valuation of $9 billion.

Shultz's situation was exacerbated by the fact that his grandfather, the highly respected former US Secretary of State George Shultz, was on the Theranos board and was one of Elizabeth Holmes's biggest supporters.

But Tyler Shultz worried about the customers he was convinced were receiving highly unreliable and often inaccurate blood-test results. With so much at stake, Shultz wondered how he should proceed. Should he raise his concerns with the firm's investors? Blow the whistle externally? Report to industry regulators? Go away quietly?

This case and its subsequent four brief follow-up cases are based largely on interviews with Tyler Shultz, and outline the dilemma he faced and the various steps he would take both to extricate himself from his unsavory position and let the public know the full extent of the deception at Theranos.

Five optional handouts are available to instructors to further discussion after the case has been debriefed. The handouts serve as additional decision points for the students if your class time permits.

Article
Publication date: 1 April 1949

It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields…

Abstract

It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields but who have a common interest in the means by which information may be collected and disseminated to the greatest advantage. Lists of its members have, therefore, a more than ordinary value since they present, in miniature, a cross‐section of institutions and individuals who share this special interest.

Details

Aslib Proceedings, vol. 1 no. 4
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 December 1907

THE enterprise of two London newspapers, the Tribune (for the second time) and the Daily Chronicle, in organizing exhibitions of books affords a convenient excuse for once again…

Abstract

THE enterprise of two London newspapers, the Tribune (for the second time) and the Daily Chronicle, in organizing exhibitions of books affords a convenient excuse for once again bringing forward proposals for a more permanent exhibition. On many occasions during the past twenty years the writer has made suggestions for the establishment of a central book bazaar, to which every kind of book‐buyer could resort in order to see and handle the latest literature on every subject. An experiment on wrong lines was made by the Library Bureau about fifteen years ago, but here, as in the exhibitions above mentioned, the arrangement was radically bad. Visiting the Daily Chronicle show in company with other librarians, and taking careful note of the planning, one was struck by the inutility of having the books arranged by publishers and not by subjects. Not one visitor in a hundred cares twopence whether books on electricity, biography, history, travel, or even fairy tales, are issued by Longmans, Heinemann, Macmillan, Dent or any other firm. What everyone wants to see is all the recent and latest books on definite subjects collected together in one place. The arrangements at the Chronicle and Tribune shows are just a jumble of old and new books placed in show‐cases by publishers' names, similar to the abortive exhibition held years ago in Bloomsbury Street. What the book‐buyer wants is not a miscellaneous assemblage of books of all periods, from 1877 to date, arranged in an artistic show‐case and placed in charge of a polite youth who only knows his own books—and not too much about them—but a properly classified and arranged collection of the newest books only, which could be expounded by a few experts versed in literature and bibliography. What is the use of salesmen in an exhibition where books are not sold outright? If these exhibitions were strictly limited to the newest books only, there would be much less need for salesmen to be retained as amateur detectives. Another decided blemish on such an exhibition is the absence of a general catalogue. Imagine any exhibition on business lines in which visitors are expected to cart away a load of catalogues issued separately by the various exhibitors and all on entirely different plans of arrangement! The British publisher in nearly everything he does is one of the most hopeless Conservatives in existence. He will not try anything which has not been done by his grandfather or someone even more remote, so that publishing methods remain crystallized almost on eighteenth century lines. The proposal about to be made is perhaps far too revolutionary for the careful consideration of present‐day publishers, but it is made in the sincere hope that it may one day be realized. It has been made before without any definite details, but its general lines have been discussed among librarians for years past.

Details

New Library World, vol. 10 no. 6
Type: Research Article
ISSN: 0307-4803

Article
Publication date: 1 January 1954

Aarhus Kommunes Biblioteker (Teknisk Bibliotek), Ingerslevs Plads 7, Aarhus, Denmark. Representative: V. NEDERGAARD PEDERSEN (Librarian).

Abstract

Aarhus Kommunes Biblioteker (Teknisk Bibliotek), Ingerslevs Plads 7, Aarhus, Denmark. Representative: V. NEDERGAARD PEDERSEN (Librarian).

Details

Aslib Proceedings, vol. 6 no. 1
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 April 1956

Sir Raymond Streat, C.B.E., Director of The Cotton Board, Manchester, accompanied by Lady Streat. A Vice‐President: F. C. Francis, M.A., F.S.A., Keeper of the Department of…

Abstract

Sir Raymond Streat, C.B.E., Director of The Cotton Board, Manchester, accompanied by Lady Streat. A Vice‐President: F. C. Francis, M.A., F.S.A., Keeper of the Department of Printed Books, British Museum. Honorary Treasurer: J. E. Wright, Institution of Electrical Engineers. Honorary Secretary: Mrs. J. Lancaster‐Jones, B.Sc., Science Librarian, British Council. Chairman of Council: Miss Barbara Kyle, Research Worker, Social Sciences Documentation. Director: Leslie Wilson, M.A.

Details

Aslib Proceedings, vol. 8 no. 4
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 June 1938

AS this number appears at a time when it is impossible to give any account of the Library Association Conference, we have turned aside from conference subjects to some of our more…

Abstract

AS this number appears at a time when it is impossible to give any account of the Library Association Conference, we have turned aside from conference subjects to some of our more usual matters. In our next issue we hope to give adequate impressions of what promises to be a really interesting and productive meeting.

Details

New Library World, vol. 40 no. 11
Type: Research Article
ISSN: 0307-4803

Book part
Publication date: 20 July 2022

Abstract

Details

The Digital Transformation of the Fitness Sector: A Global Perspective
Type: Book
ISBN: 978-1-80117-861-7

Article
Publication date: 1 February 1949

D.L. SAMUEL

PROTECTION against rusting can bo obtained by more or less permanent coatings such as paints and lacquers but there are many circumstances where these cannot be used. Thus, for…

Abstract

PROTECTION against rusting can bo obtained by more or less permanent coatings such as paints and lacquers but there are many circumstances where these cannot be used. Thus, for example, there is the metal part or sheet which has to be stored until required for the next stage of processing or assembly and which must be protected during this time, and the working parts of the internal combustion engine which must be maintained free from corrosion during non‐running periods. For such conditions we require a temporary protective which can be removed easily when required.

Details

Industrial Lubrication and Tribology, vol. 1 no. 2
Type: Research Article
ISSN: 0036-8792

Article
Publication date: 1 September 1958

E.W. IVEY

WHhat records do we keep for business purposes? In my opinion, far too many. If we re‐phrase the question, what records should we keep for business purposes, I am confident that…

Abstract

WHhat records do we keep for business purposes? In my opinion, far too many. If we re‐phrase the question, what records should we keep for business purposes, I am confident that the answer is, or should be, as few as possible. Alas, this precept is not generally followed in industry, with the result that a great deal of space which could be more productively employed is wasted, and much unnecessary labour is expended on the maintenance of records which are not essential to business.

Details

Aslib Proceedings, vol. 10 no. 9
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 April 1975

Margaret Ashwell

You probably think that the slimming market is something which belongs to the latter half of the twentieth century. Yet Allan's Anti‐Fat was advertised to our fat predecessors as…

Abstract

You probably think that the slimming market is something which belongs to the latter half of the twentieth century. Yet Allan's Anti‐Fat was advertised to our fat predecessors as long ago as 1878. It was a ‘concentrated fluid extract of sea lichens’ that prevented the body from converting food into fat. This was an American concoction, but we British were no better. Dr. Grey's Electric Fat Reducing Pills were advertised in the ‘Illustrated Sporting and Drama News’ of 1893. These were capable of ‘rapidly and quite safely dissolving superfluous fat, permanently curing corpulency, and improving the general health and figure’. He even kept a ‘special preparation for Army, Naval and Hunting Men, Farmers Jockeys and stubborn cases that have resisted other treatment’. It almost sounds as if the upper classes were ‘allowed’ to have a better class of fat! Leeches were once the doctor's stand by for most diseases and obesity was an obvious case for their use. The leeches got fatter while the patient got thinner!

Details

Nutrition & Food Science, vol. 75 no. 4
Type: Research Article
ISSN: 0034-6659

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