Publication:
Case Study-Lobster 207
Case Study-Lobster 207
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Date
2018
Authors
Megan Larcom, Jenny Weissbourd, Jeremy Avins
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Research Projects
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Abstract
Lobstermen are self-employed, and significantly contribute to the economy and identity of Maine communities. In 2012, lobster prices crashed amidst high supply, regulatory demands, and market conglomeration. Lobstermen had to take action to protect and advance their livelihoods. They decided to work with a union to do so. The International Association of Machinists and Aerospace Workers (IAM) did not have a history of working with self-employed workers, but decided to support the lobstermen. Together, the lobstermen formed a cooperative and began operation of a wholesale business. The strategy that independent workers and the IAM executed over the course of four years gave lobstermen a political voice and economic power in the market.
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Courses: Quản trị chiến lược ; Included Materials: Case Study ; Source: https://mitsloan.mit.edu/teaching-resources-library/lobster-207 ; Language: English ; Publisher: MIT Management Sloan School