EnClean: Malcolm Waddell’s Story (A)

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Publication Date:
March 23, 1994

Industry:
Manufacturing

Source:
Harvard Business School

This case is accompanied by a Video Short that can be shown in class or included in a digital coursepack. Instructors should consider the timing of making the video available to students, as it may reveal key case details.

Describes, in the words of its cofounder, the history of EnClean, an industrial and environmental services company, from its origins in 1984. The company grew rapidly and diversified into new businesses and new geographies both through acquisition and internally. It went public in 1989 but then suffered major losses in 1992 and 1993. The founder must now decide how to respond to a secret board ultimatum.

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EnClean: Malcolm Waddell’s Story (A)

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