ENG

In the Roads of Crisis and Technologies: CTM's Strategic Resilience, Financial Performance, and Leadership in Morocco's Transport Sector

Authors : Azzeddine Allioui & Hanane Allioui

Synopsis

In early 2020, CTM (Compagnie de Transports au Maroc), a historic Moroccan transport company founded in 1919, faced unprecedented challenges due to the onset of the Covid-19 pandemic. Known for its extensive network and reliable service, CTM had built a robust reputation over a century of operations, serving both domestic and international markets. However, the global health crisis threatened to unravel years of progress and stability. The company’s CEO found himself at the helm during this tumultuous period, tasked with steering CTM through the crisis. The pandemic severely disrupted CTM’s operations, leading to a sharp decline in passenger numbers and financial strain. Faced with this adversity, the company needed to quickly adapt and implement innovative strategies to ensure its survival and long-term viability. The leadership team want identify key factors that contributed to CTM’s resilience and provide recommendations for enhancing its future financial performance and strategic direction.

Key Concepts / Keywords

Financial analysis, strategic resilience, crisis management, leadership, digital transformation, transport industry.

Learning Objectives

  • Learn to conduct a SWOT analysis and apply strategic frameworks to evaluate the campany’s adaptive strategies and their impact on financial performance. This includes analyzing how diversification into cargo services and digital transformation initiatives contributed to revenue stabilization.
  • Learn about crisis management frameworks and the importance of rapid response, effective communication, and operational adjustments. They will assess how these actions influenced the campany’s financial performance, including cost management, securing financial support, and maintaining liquidity.
  • Examine leadership styles, decision-making processes, and governance practices that contributed to the campany’s ability to navigate the crisis. They will analyze the financial outcomes of leadership 5 decisions, including stakeholder communication, financial prudence, and strategic pivots.

Target Learning Groups

The case can be administered to students of master’s degrees in financial management and corporate strategy as a synthesis of these courses.

Prerequisites

    • Have basic knowledge of financial analysis and diagnosis.

      ▪ Master the tools of strategic diagnosis (SWOT, PORTER).

      ▪ Have basic knowledge of corporate strategy.

      ▪ Mastering strategic management.

      ▪ Mastering corporate finance.

Case Caracteristics

  • Number of pages of the case : 13 pages
  • Number of pages of appendices: 2 pages
  • Number of pages of the teaching note : 46 pages
  • Other documents: N/A

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