We're delighted to announce that the first six Hilti MBA scholars have started their IMD program this year! The students had a fantastic visit to Hilti’s headquarters in Liechtenstein, where they learned about the company’s strategy and innovation, chatted with IMD alumni who now work at the company and met Hilti's top management. This is another great step forward in our collaboration with the Hilti Family Foundation Liechtenstein and @imdbusinessschool. Click the link in our bio to learn more about this program which is designed to support scholars who have a background in one of the STEM fields. #STEM #scholarships #MBA #IMDImpact @imdbusinessschoolmba
A joyful (albeit belated) pic from @imdbusinessschool’s Career Weekend last month. Alongside my fellow coaches, we worked with the September MBA cohort on identifying value propositions, leveraging networking opportunities, and crafting career plans. One of my favourite takeaways from the weekend: It’s easy to confine ourselves to our own perspectives, our own “trenches.” Take an intentional pause today to observe the broader professional landscape — you might open a new avenue for growth! 🌱 #careercoaching #careerinspiration #careerdevelopmentcoaching #IMDimpact
As leaders in today’s dynamic business environment, we face the dual challenge of driving performance while navigating transformation. Join me and my colleague Mark Greeven, along with experts Kate W. Isaacs and Stephanie Woerner from @mit_execed for a webinar this April 23rd. We’ll delve into strategies that prepare organizations to thrive amid continuous change. 🔗 Register here: https://mit.zoom.us/webinar/register/8117121422526/WN_5FHyOAZzRr2Z6_yxB7xvUA#/registration Can’t make it live? Register anyway to get the recording and access the session at your convenience. Why not assess your own organization’s readiness for the future? Check out our Future Readiness Indicator: https://www.imd.org/future-readiness-indicator/home #IMDImpact #FutureReady #CenterForFutureReadiness #FutureReadiness #FutureReadyOrganization
Joining the @harvard_business_review (HBR On Strategy) podcast, I delved into how Basel’s pharma legends, like @roche, are crafting the future from the past. Their secret? Transforming deep-rooted knowledge into cutting-edge innovations. 🚀 This isn’t just history—it’s a playbook for enduring success. It’s about seeing beyond the present, leveraging our legacy as a launchpad for novel breakthroughs. ✨ Dive into the discussion here: https://hbr.org/podcast/2024/03/the-key-to-preserving-a-long-term-competitive-advantage. Let’s explore how we can apply these timeless strategies in our sectors. And in the spirit of looking forward, discover how ready your organization is for the future. Check out the latest Future Readiness Indicator rankings for pharmaceuticals: https://www.imd.org/future-readiness-indicator/home/pharmaceuticals-2022/. It’s a critical resource for understanding your organization’s position and potential in the rapidly evolving landscape of healthcare innovation and competition. #IMDImpact #FutureReady #CenterForFutureReadiness #FutureReadiness #Innovation #Strategy #HBRonStrategy #Podcast #Pharmaceutical #Pharma #FutureBusiness
Are you struggling to think strategically in uncertain times? Does our economic system need to be replaced? How can you make concessions as a leader without appearing weak? Is there a secret to successful gamification in marketing? In the March edition of I by IMD magazine, our diverse cast of leading thinkers explore new approaches to leadership, drawing on the latest research, thought-provoking ideas, and decades of experience to challenge what is and inspire what could be. This content forms an essential part of the general management section of I by IMD, alongside a quarterly spotlight topic, which in March focuses on navigating the rapid evolution and adoption of AI in the business world. Sign up to the latest business intelligence on the themes that matter at the link in our bio. * These two AI-generated images are Bing Copilot (powered by DALL-E 3) and Firefly's interpretations of the contents of Issue 13. #IMDImpact #IbyIMD
Are you ready to lead in a world obsessed with AI? How do you make sense of all the hype? How can you capture the most value in a sustainable way? What approach is best for your organization? Are you moving too fast or at risk of being left behind? What about the big social challenges, such as ethics, trust, bias, and governance? It might feel like AI is throwing up more questions than it is answering. Indeed, the sheer pace of adoption and evolution of new AI tools makes it tough for decision-makers to know exactly how and where to strike the balance. In the March edition of #IbyIMD, we draw on a diverse cast of experts to cut through the noise and explore how leaders can navigate this new paradigm - effectively and responsibly. From developing the right strategy for your organization and understanding how to capture the most value to managing sustainability and ethical concerns, this edition is essential reading for executives in the age of AI. Link in bio to discover more. #IMDImpact #AI
The “I See What You’re Saying, The Disciplined Listening” podcast, hosted by Certified Forensic Interviewer Michael Reddington, delves into human communication through engaging discussions with experts. In Episode 40, Michael Reddington speaks with George Kohlrieser, a distinguished organizational psychologist, former police negotiator, and Professor of Leadership at IMD Business School in Switzerland. Kohlrieser’s expertise spans high-performance leadership, teamwork, negotiation, coaching, stress management, and personal development. Recommended readings by George Kohlrieser include: 📚🎧 Care to Dare: Unleashing Astonishing Potential Through Secure Base Leadership by George Kohlrieser, Susan Goldsworthy and Duncan Coombe 📚🎧 Hostage at the Table: How Leaders Can Overcome Conflict, Influence Others, and Raise Performance by George Kohlrieser These books offer insights into secure base leadership and effective conflict resolution techniques derived from real-life hostage situations. #hostageatthetable #caretodare #georgekohlrieser #susangoldsworthy #duncancoombe #iseewhatyouresaying #thedisciplinedlisteningmethod #podcast #michaelreddington #certifiedforensicinterviewer #securebaseleadership #IMDbusinessschool #imdimpact #overcomeconflict #negotiation #hostagenegotiator #bodylanguagebooks #thebodylanguagebookclub
Magic happens when people sharing the same vision come together. ✨ Grateful to have been able to curate a truly impactful, transformative and powerful 2-day event in London in partnership with @thehouseofkoko, multi-platinum and Grammy-nominated singer, music producer and sound healer @maejor, and the @imdbusinessschool based in Lausanne, Switzerland. 🎶 Day 1: TUNE INTO SUCCESS - Sound Healing 🎶 Day 2: HEALING HARMONIES - A Transformational Audio Journey Special guests from the science, business & spiritual community included: 🎙️ @prof_alymeister, Prof. of Leadership and Organizational Behaviour, IMD 🎙️ David Erritzoe, Clinical Senior Lecturer and Consultant Psychiatrist, Centre for Psychedelic Research, @imperialcollege 🎙️ Pascal Joncour, Partner, Convergence Partner🎙️ @belindaaloisio, International Transformational Life Coach, Awakener of Consciousness, Spiritual Healing Facilatator and Advisor 🎙️ Keri Perkins, Founder of @weareboogiesound and Co-founder of WYKD, a non-profit yoga project 🎙️ @angelinajain_worldwide, Founder of Beauty Inside and Beauty Outside The programme featured sound healing sessions,breathing exercises, a panel on “Psychedelic Frequencies: Science, Spirituality and Self-Development” and one on “Frequency, Energy, Vibration” about chakras, the power of now, gratitude and manifestation. Guests arrived from as far afield as Liechtenstein, Paris and Dubai! Thank you @laderach.official @laderach.uk for the sweet treats as a reward for the successful event! 🍫 My deep gratitude to all those who made this experience possible: @julienmaxp @blee313 @richafrikanking @detroitsdalailama @richafrikanking @blee313 @detroitsdalailama @_pascb_ @manas.chawla_ @djshorty79 @s_hemmy @mariam_zaidi_journalist @tinaxiangxiang @theonetheycallamaka @blackpopartgallery @vnccii_official 📸 @c.k.morrison @aa_dawg #KOKO #HouseofKOKO #TheHouseofKOKO #IMDImpact #mentalhealth #wellness #meditation #yoga #music #psychedelics #business #moderator #martinastravels
📊 🌎 What role do cities play on the global map of #competitiveness? 🎙️ Learn more on our knowledge platform #CitiesToBe with Arturo Bris, Director of the @imdbusinessschool’ World Competitiveness Center — click link in bio! #Economy #CitiesToBe #GlobalCities #GlobalProspects #IMDImpact #IMDRankings #Digitalization #WorldRankings #competitiveness
Six reads to enrich your holiday season! 📚 As the festive season approaches, immerse yourself in these six captivating reads recommended by IMD's professors. From decoding hieroglyphs to the rise and fall of a new tycoon, these books promise to intrigue and enrich your holiday season: 📖 Visions of Inequality by Branko Milanovic, recommended by Bruno Lanvin. 📖 So Much Stuff: How humans discovered tools, invented meaning, and made more of everything by Chip Colwell, recommended by Professor Ginka Toegel. 📖 The Cooperative Economy: A solution to societal grand challenges by Dovev Lavie, recommended by Professor Stéphane J G Girod. 📖 Going Infinite: The rise and fall of a new tycoon by Michael Lewis, recommended by Professor David Bach. 📖 Remarkably Bright Creatures by Shelby Van Pelt, recommended by Professor Öykü Işık. 📖 The Writing of the Gods: The race to decode the Rosetta Stone by Edward Dolnick, recommended by Professor Amit Joshi. Learn more on I by IMD via the link in Bio. #IMDImpact #IbyIMD
What is your business doing to find the innovative solutions we need to open up markets and create sustainable opportunities in this unpredictable environment? The imperative to act is no longer a choice, and it applies as much now to social challenges as it does to environmental and technological issues. The “impact economy” is fast emerging as a compelling, and competitive, space that offers increasingly attractive alternatives to challenge the status quo. New business models, social innovation and entrepreneurship, and collaborative approaches to finance are unlocking possibilities for investors and businesses alike. In the December edition of I by IMD magazine, we have curated a cast of global experts to zoom in on the impact economy, exploring how we can transform our approach to business and investing. From civic wealth creation to blended finance, take a dive into the latest issue of I by IMD to discover how “impact” is reimagining the future of business – and the global economy. Read more via the link in Bio. #IMDImpact #IbyIMD
🌍 Curious about the countries leading the way in embracing #DigitalInnovation for economic, social and institutional transformation? 🚀 The @imdbusinessschool's World Competitiveness Center has unveiled the 2023 World Digital Competitiveness Ranking, evaluating 64 economies globally. And here is the top 10 for this year. #IMDImpact #IMDRankings #Digitalization #WorldRankings #competitiveness
@globalpeterdruckerforum in Vienna #IMDImpact #GenAi #AI #GPDF #peterdrucker
La finance et le climat : un débat essentiel. 👉🏼 Conférence publique de l'économiste Jean-Pierre Danthine, Directeur honoraire Enterprise for Society Center - E4S 📍Palais de l'Athénée, Genève, 18:45 - 20:00 La finance occupe le devant de la scène dans la lutte contre le changement climatique, mais suscite également les critiques des activistes. Cette dualité a conduit à des accusations répétées de "greenwashing," affectant la réputation de la place financière déjà fragilisée depuis la crise financière. Notre conférence vise à clarifier les attentes réalistes envers la finance, ainsi que les limites de ce qu'on peut lui demander, pour éviter des mesures contre-productives. Rejoignez-nous pour un débat crucial sur le rôle de la finance dans la transition vers un monde plus durable. #societedesarts #sda #e4s #unil #IMDimpact #epfl #FinanceEtClimat #Climat #croissance #growth #planetearth #rethink
Honored to receive the 2023 @Thinkers50 Strategy award at the biennial gala in London! 🏆 Thank you, Stuart Crainer and Des Dearlove, for fostering a community of thinkers. It's a privilege to be part of this community and share the journey of bringing ideas to life. Grateful for the recognition of our work on the topic of #FutureReadiness. It is really about staying one inch ahead and closing the gap between knowing and doing so that you always have room for growth and improvement, both for yourself and for your organization. Thank you once again to @IMDBusinessSchool and Jean-François Manzoni for creating an academic environment where big ideas take flight. It's a creative village that I am so lucky to be part of. https://www.imd.org/news/innovation/howard-yu-is-recognized-with-the-2023-thinkers50-strategy-award/ #IMDImpact #FutureReady #CenterForFutureReadiness #Thinkers50 #StrategyAward #InnovationCommunity #ReconnectRethinkReset #Thinkers50AwardsGala2023
Howard Yu is recognized with the 2023 Thinkers50 Strategy Award As @thinkers50_global celebrated its biennial gala in London yesterday, LEGO® Professor of Management and Innovation Howard Yu was recognized for his work on future readiness “We all struggle to bring our ideas to life, and it is by talking to our colleagues and peers, at whatever stage we are in, that we share this struggle. I think this award is a great recognition, but it really reflects the collective wisdom of trying to bring a better idea to the world,” said Yu, who was shortlisted for the Strategy Award alongside Mohan Subramaniam, while Julia Binder was in the shortlist for the Thinkers50 Innovation Award. The occasion also celebrated the career of Michael Watkins, who was formally inducted into the Thinkers50 Management Hall of Fame, as well as the inclusion of Yu, Mark Greeven, and Alexander Osterwalder in the Thinkers50 2023 Ranking. Link in bio to read more. #Thinkers50 #Thinkers50AwardsGala2023 #ReconnectRethinkReset #Reconnect #Rethink #Reset #IMDImpact
Very excited and greatly honored to be awarded the #Empretec #womeninbusiness #award by @unctad . The award recognizes outstanding female-led businesses in the #GlobalSouth where I emerged as the winner. Thank you @unctad secretary general @rebecagrynspan and the team for this recognition. With this award, I have been granted a prestigious @imdbusinessschool scholarship to further my studies in business in Switzerland. Thank you Dean of IMD @vaninafarber for the support towards this great success. #imdimpact #socialinnovation
Books to inspire you on your sustainability transformation journey 📚 Baffled and daunted by the myriad challenges of leading sustainable business transformation? If the answer is yes, then let the experts at IMD inspire you with five book recommendations tackling all aspects of this complex, multi-faceted topic. 📘 Radical Collaboration by James Tamm and Ronald J Luyet emphasizes the importance of effective collaboration both within and outside organizations for sustainability. 📔 Saving Us by Katharine Hayhoe focuses on bridging the knowing-doing gap in climate action through communication. 📗 Kim Stanley Robinson’s novel The Ministry for the Future offers an imaginative and emotional take on climate change's impact on society. 📕 Breaking Together by Jem Bendell explores the ongoing collapse of industrial consumer societies and suggests a path toward sustainable living, and 📓 Privacy is Power by Carissa Véliz discusses the evolving digital-age privacy landscape and its importance in shaping a socially sustainable society. Food for thought in an era of radical change. Read more at I by IMD via the link in our bio. #IMDImpact #IbyIMD #Books #Bookstagram #SustainableTransformation
Daniel Hager hat alles erreicht. Oder? Mit 51 Jahren zieht sich der Familienunternehmer aus der Geschäftsführung der @hagergroup zurück. Was er selbst und Experte Peter Vogel von der @imdbusinessschool dazu sagen, lest Ihr im aktuellen wir-Magazins oder kostenlos auf unserer Website! Link in Bio #familienunternehmen #hager #wirmagazin #fbm #leadership #IMDImpact
“When you can’t rely on an international system of peace and security and legal instrument, you can still rely on people,” Nobel Peace Prize Laureate @avalaina_ua told this year’s International Alumni Symposium. In conversation with IMD alumna and CEO at Media Trust’s @sumeithompson she explained how the war had taught her that in times of crisis leaders need to be courageous, make difficult but right choices, and, if needed, break internal regulations. #IMDImpact #Alumni
One of the biggest decisions @jessicasibley has taken since becoming CEO of @Time almost a year ago is removing the paywall at TIME.com and enabling free access to its entire archive from the past 100 years. Speaking at IMD’s 2023 International Alumni Event Sibley explained that one of her biggest motivations was improving digital inclusivity and ensuring access to trusted, credible journalism at a TIME when the Weather Channel is the most-trusted media brand in the United States. “We care vehemently about news literacy. I felt strongly that TIME should be accessible to everyone in the world for free. And what we saw through COVID was the acceleration of the digital divide, and not having digital inclusivity and not having had access to information, and I felt that was critical,” she said in conversation with @walksnaps, Co-founder of @wired magazine and Executive in Residence at IMD. “We are facing another crazy election cycle in the US. News literacy and educating the next generations is so, so critical and so important,” she added. #IMDImpact #Alumni
Navigating the ethics of AI 🤖 As the landscape evolves, a holistic approach to AI ethics is key. From external advisory boards or internal review committees to educational programs and measurement and enforcement mechanisms, authors Tomoko Yokoi and Michael Wade explain how organizations should align themselves in the age of AI. Link in bio to learn more. #IMDImpact #IbyIMD #AI #Ethics
How do we gauge future readiness, and what can organizations do to ensure they are equipped for the challenges ahead? These are the burning questions Mark and I will address head-on at the @Thinkers50 Ideas Premiere, a virtual event before the London Gala. 🌟 I'm thrilled to invite you to a dynamic discussion on this ever-more relevant topic. Join me and Mark Greeven for an in-depth exploration of strategy and future readiness. Be sure to mark your calendar for October 5th and join us for a discussion that promises to shed light on the path to future readiness and resilience. 🗓️ Save your spot: https://thinkers50.com/awards-gala-2023-program/ 🔗 Explore the Future Readiness Indicator: https://www.imd.org/future-readiness-indicator/home/companies-which-are-ready-for-2023/ #FutureReady #IMDImpact #CenterForFutureReadiness #FutureBusiness #BusinessMindset #Thinkers50 #StrategyTalk #Resilience #ThoughtLeadership
Today at the @montreuxjazzfestivalchina in #Suzhou, we held a very powerful and inspiring workshops co-organized with our knowledge partner @imdbusinessschool about jazzing up #business. 🎷 In a band, every single instrument and voice counts and needs to be heard. What can C-level and senior executives learn from #music and the rich and resonant essence of #jazz? Led by the superb and pracademic Tania Lennon, Executive Director of Strategic Talent at #IMD, the interactive sessions explored: 🎶 How jazz reflects the endless possibilities of individual growth 🎶 How a talent-centric approach can help #leaders achieve sustained competitive advantage 🎶 How the art of synchronicity, collective harmony and cohesion can lead to unparalleled achievements 🎶 How collective intelligence and diverse perspectives translate into market-leading #innovation 🎶 And how generative #AI and human-machine interaction offers a new pathway to performance A special thank you to the artists for taking their time before their soundcheck: 🎙️ @taliemonin (South Africa) 🎙️ @jessmeider (USA) 🎙️ @duosweet_official: Sherry Xie & @tobiaslecompte (China, Belgium) Thank you also to my @schwarzmanscholars mentee Bob Zeng who travelled 10 hours by night train all the way from Beijing to join us! #leadership #career #MJFC23 #MontreuxJazzFestivalChina #China #Switzerland #Montreux #music #festival #IMDImpact #martinastravels
When business learns from jazz 🎵 The first outcome of the partnership between IMD and the Montreux Jazz Festival China (MJFC) took the form of an inspiring blend of workshop, masterclass, and candid dialogue between high-profile musicians and senior businesspersons. Conducted by IMD’s Executive Director, Strategic Talent Tania Lennon, this Thursday’s session featured stories, insights, and even chanting exercises from a group of jazz artists from the festival’s line-up: South African vocalist Talie Monin, American singer and songwriter Jess Meider, and the Sino-Belgian power couple of Sherry Xie and Tobias Le Compte. “The group of executives was surprised at how much businesses can learn from concepts that are inherent to music – in particular, two recurring themes: working with passion and motivation, as well as the idea of always being open to listening to others. They are ideas that speak to a more inclusive, person-centric approach to talent,” says Lennon. The second edition of the MJFC, aptly labeled “Where East meets West”, is taking place at the Fairmont Yangcheng Lake, in Suzhou, until 2 October. Stay tuned for exciting updates live from China! 🇨🇳 #IMDImpact #China #MontreuxJazzFestivalChina #MJFC
Finding solutions to today’s pressing problems through innovation and technology. This is what brings together a philanthropic impact investor and a venture capital firm to organize an event discussing entrepreneurial investment opportunities off the beaten track. Both organizations – Verve and elea – believe that entrepreneurship, innovation, and technology can solve critical problems and societal challenges. In an intimate event at IMD Lausanne we presented how we do this to a small group of personally invited, high caliber guests. The evening was opened by Patrick from the elea Center of Social Innovation IMD and followed by short introductions of both organizations, their operating models, and impact creation. elea Founder and Chairman Peter shared his personal journey on what led him to invest a substantial amount of his professional energy and his family's wealth in creating elea Foundation for Ethics in Globalization. The high level of energy in the discussion that followed the official part is a testimony to the relevance of our approaches and the importance of impact investing as a driver for change. Thank you verve for the collaboration and our partners IMD for providing this excellent platform for an inspiring evening! #eleaway #impactinvesting #imdimpact
Navigating ethical challenges in AI As companies increasingly adopt artificial intelligence in their businesses, more and more questions arise about the potential for the technology to display inherent biases, whether of age, race, or gender. Öykü Işık, Professor of Digital Strategy and Cybersecurity at IMD, looks at how businesses can get ahead of the game by ensuring ethical considerations are built into their products by design. Read more on Link in Bio #IMDImpact #IbyIMD #AI
Remote work and hybrid models are becoming a key driver of talent competitiveness, as highly skilled individuals search for an improved work-life balance. But how are companies reacting to the shift? The 2023 IMD World Talent Ranking collected some insights. Discover them via the link in Bio. #IMDImpact #WorldTalentRanking #Talent
Alumna spotlight: Cristianne Close (MBA 2006) As global goals week comes to an end, we are shining the spotlight on our alumna Cristianne Close (MBA 2006) who has used her business degree and skills to create impact in the area of sustainability. Following a fast-paced corporate career at McKinsey, Syngenta, and McDonalds, Close is not putting her vast experience to use at the WWF as Deputy Global Conservation Director. While the not-for-profit sector might not be the most obvious career choice for an MBA graduate, Close explains how she thrives on being able to apply her business experience to solve problems that give her a sense of purpose. “I'm a disruptor, not a terrorist,” she said. “I don't want to destroy business models. I understand the economic feasibility that needs to be there. How do we evolve that? Because ultimately your supply chains depend on nature.” Learn how Close’s experiences have shaped her career via the link in Bio. #IMDImpact #GlobalGoals #GlobalGoalsWeek
Securing prosperity for future generations In our latest CEO Dialogue series, IMD President Jean-François Manzoni spoke to Dilhan Pillay, CEO of @Temasek, about the Singapore investment giant’s evolving strategy. Pillay who has been at the helm since 2021 explained why Temasek believes helping the firm’s portfolio companies set out a clear and credible vision on the path to net-zero, including the introduction of an internal carbon price, would help build resilience for its portfolio. Watch the full CEO Dialogue at the link in bio to hear more from Pillay about Temasek’s evolving investment strategy, his view on China’s economic prospects, and how the investment firm has built centers of excellence in AI, blockchain, cyber, and digital transformation to add value to its portfolio companies. #IMDImpact #CEODialogue #Sustainability #NetZero #Temasek
Stabilizing the patient called planet Earth 🌍 According to newly released research, six of the nine planetary boundaries that are necessary to preserve the planet's resilience and stability have been crossed, and all at the hands of humanity. While this may not be at crisis levels yet, it certainly raises the risk for life on Earth. Julia Binder, Professor of Sustainable Innovation and Business Transformation, explores the nine planetary boundaries, highlights those that have been breached, and proposes ways that companies can engage with and address these interrelated thresholds at the link in bio. #IMDImpact #IbyIMD #Sustainability
“In the past, sustainability was mostly a side activity. But for energy companies today and in the future, sustainability will be at the heart of their business model. For example, when energy companies want to reduce their carbon emissions, they can't simply reduce their carbon emissions by purchasing carbon offsetting certificates. Fundamentally, they would have to produce energy that is low carbon in all aspects. In this respect, sustainability is no longer an afterthought and has to be incorporated into the overall business strategy.” Energy companies today are proactively adopting sustainability as a core business strategy, says Kunal Chandra (MBA 2016), Director, Strategy & Sustainability at German energy giant, RWE AG. See the link in Bio for more. #IMDImpact #IMDMBA #GlobalGoals #GlobalGoalsWeek
Today, many CEOs want to incorporate AI into their businesses, but the real question is – will AI replace CEOs? Misiek Piskorski, Dean of IMD Asia and Oceania, who was invited to speak about this topic at the 24th World Knowledge Forum (WKF) in Seoul, Korea, believes that this is only a matter of time. Generative AI can already provide solutions to complex problems faced by CEOs, such as setting strategy and goals. Furthermore, AI does this by using company-specific data distributed across many sources. It can also respond to complex queries, and it is now beginning to give commands, in a way that a CEO often would. Moshe Ben-Bassat, founder of Plataine, Dr. Claudia Nagel, Professor at Vrije Universiteit Amsterdam, and Hori Yoshito, founder and president of GLOBIS University - Graduate School of Management, who spoke together with Piskorski, shared a different stance, suggesting that AI can at best partner with CEOs to lead organizations. Nagel, in particular, emphasized that Generative AI still does not have emotional intelligence, which will prevent it from replacing top-level leaders. Yoshito echoed these concerns by underscoring Generative AI’s inability to instill human-like passion, trust, and moral values. As these perspectives intertwine and provoke contemplation, what do you think? Do you believe in a future where Generative AI is our boss? What is your take on the evolving role of AI in executive leadership? Join the conversation ⬇️ #IMDImpact #GenerativeAI #Leadership #FutureofWork #WorldKnowledgeForum #WKF2023
The September edition of I by IMD magazine is here 🌱 ♻️ It’s no longer a question of why businesses must transform urgently to become more sustainable, it’s about how you do it and how fast you go. Those who master this complex journey and blaze a trail early on are likely to take pole position in shaping the future of the global economy – and will reap the rewards. The latest issue of I by IMD magazine guides you through the complex leadership and organizational challenge of sustainable business transformation: from strategy to cultural change, from nurturing the right talent to figuring out an ever-changing regulatory landscape, and from leading systems change to managing stakeholder relationships. We hope this latest edition will inform and inspire your own transformation journey. Dip in at the link in bio. #IbyIMD #IMDImpact #Sustainable #Transformation
A Visual Guide to Economic Profits 🌱 An infographic dossier for the Magazine «I by IMD» International Institute for Management Development @imdbusinessschool ~ Authors Simon Evenett and Felix Reitz believe that measuring economic profit rather than accounting profit is a far more reliable indicator of a company's performance. And value-creating companies are well equipped to help finance sustainability while generating healthy returns for shareholders. ~ It was a special honor for me to bring this challenging complex content and scientific graphic templates from top-class authors into a readable form as an infographic dossier. I would like to express my sincere thanks for the excellent collaboration with Creative Director Catharina De Gregorio @catharinadegregorio. 🙏💚💜 ~ #IbyIMD #IMDImpact #sustainability #transformation #economic #finance #financesustainability #valuecreating . #informationdesign #informationsdesign #editorialdesign #graphicdesign #infographic #infografik #sciencecommunication #visualization #visualisation #visualsystem #marinabraem #vizbybraem @marina.braem . . .
Elevate your post-vacation return: The power of energy, emotions, and presence 🧘♂️ Returning from vacation to a mountain of emails and tasks demands your peak performance. Amid constant distractions, Coach Katia Vlachos advocates a routine of self-reflection on three vital fronts: energy, emotions, and presence. ⚡ Energy: Your driving force. Assess and understand it on a -5 to +5 scale. Identify energy sources and drains, focusing on uplifting activities. ❤️ Emotions: Your internal compass. Gauge them from -5 to +5 and explore triggers. Regulate emotions with mindfulness, deep breathing, and self-care practices. 🧘♂️ Presence: Vital for productivity. Rate it from -5 to +5, identify distractions, and improve with mindfulness, reduced multitasking, and digital detox. Embark on this growth journey now. Explore more on #IbyIMD at the link in bio. #IMDImpact #Mindfulness #Productivity
How to unlock customer-centric success with ‘action generators’ Crafting products and services that customers genuinely find 'worth it' necessitates a modern approach to the traditional value proposition. While companies once emphasized features and benefits through extensive marketing, today’s customers seek to understand how your product or service efficiently addresses their needs and solves their problems. One effective way to navigate this shift is by embracing 'action generators,' a concept highlighted by IMD's Frédéric Dalsace. These generators represent the five critical factors that influence a customer's decision to make a purchase: 1️⃣ Bag: This refers to the benefits that a product has for the customer i.e a customer may be interested in a particular car because it is fuel efficient and has extra space and seats. 2️⃣ The tag: This refers to the price the customer must pay to access the benefits of the product i.e. the cost of the car. 3️⃣ Drag: is the risk that can offset some of the value for the customer i.e. will their needs change over time, will the product remain relevant. 4️⃣Lag: This refers to data that provides additional value and develops over the lifetime of the product i.e. an onboard computer providing data on the fuel efficiency of your car 5️⃣ Flag: Customers today look for products with purpose i.e. that contribute to the good of society as a whole. An electric car would attract those looking to reduce carbon emissions. Creating a customer-centric value proposition means understanding what matters to customers and tailoring your product or service to deliver that value. Read more on #IbyIMD via the link in Bio for deeper insights into crafting them. #IMDImpact #Strategy
Thrilled to share that I've been shortlisted for the 2023 #Thinkers50 Strategy Award! It's an incredible honor. 🏆🌟 https://thinkers50.com/blog/thinkers50-2023-strategy-award-shortlist/ Thank you to @thinkers50_global for the recognition and to @imdbusinessschool who has supported and inspired me along the way. As we continue to strive for excellence and contribute to the world of strategic ideas, I invite you all to check out our Future Readiness Indicator, a tool designed to gauge your preparedness for what lies ahead. 🔗 Explore the Future Readiness Indicator: https://www.imd.org/future-readiness-indicator/home/companies-which-are-ready-for-2023/ Let's keep striving for excellence and contributing to the world of strategic ideas!💡 #FutureReady #IMDImpact #Innovation #BusinessMindset #StrategyAward #Shortlisted
Join us at VELOCITY: An exclusive F1 learning experience 🏎️ 🇸🇬 Gear up for VELOCITY, an exclusive F1 business learning experience set during the upcoming Singapore Grand Prix. This program features legendary figures such as David Coulthard, Mika Hakkinen, and "The Stig" from BBC’s Top Gear, Perry McCarthy, offering invaluable insights into the intricacies of the F1 business. Dive deep into essential topics such as leadership, teamwork, peak performance, innovation, and cutting-edge technology that drive success in the F1 business world. Additionally, you'll have the unique opportunity to engage in a specialized ambidexterity leadership session led by Ric Roi, Affiliate Professor of Leadership and Organization at IMD. ➡️ Book Your tickets via the link in Bio. 50 seats only! #IMDImpact #VELOCITY #SingaporeGP #GrandPrix #F1
The ins and outs of Net Promoter Score (NPS) 💫 Introduced in 2003 by Fred Reichheld of Bain & Company, Net Promoter Score (NPS®) was designed to predict business growth. Today, it's embraced by two-thirds of Fortune 1000 companies, even earning comparisons to a "religion" by an IBM employee in 2021. However, Frédéric Dalsace, Professor of Marketing and Strategy at IMD, raises a crucial point: NPS's simplicity doesn't tell the whole story. While user-friendly, NPS's ability to predict growth and brand performance isn't foolproof. It often overlooks neutral responses and struggles with cross-cultural comparisons. To harness NPS's true potential, organizations must think beyond the numbers. Rather than relying solely on NPS, consider it a part of a larger toolkit. By exploring different scoring methods, incorporating additional questions, and using various metrics, businesses can gain a deeper understanding of customer sentiment and refine strategies more effectively. Explore NPS's ins and outs on #IbyIMD via the link in Bio. #IMDImpact #NetPromoterScore
Join VELOCITY: F1 Leadership Insights at Singapore Grand Prix 2023! 🏎🏎️ Join IMD and the London Speaker's Bureau at the Formula 1 Singapore Grand Prix this year to experience VELOCITY on 15 and 16 September 2023, at the JW Marriott South Beach Singapore. Fuel your success at this unique F1 Leadership Insights Executive Luncheon featuring legends such as 13-time Grand Prix winner David Coulthard, two-time F1 Champion Mika Hakkinen, and "The Stig" from BBC’s Top Gear, Perry McCarthy. The program includes a special ambidexterity leadership session by our very own Ric Roi, Affiliate Professor of Leadership and Organization at IMD. Learn from the best about the business of F1, from leadership, followership, teamwork, peak-performance, innovation, and technology. Unlock exclusive perks: ✨ Specially curated lunch menu ✨ Autographed book from David Coulthard “The Winning Formula” ✨ Exclusive photo session with Mika Hakkinen, David Coulthard & Perry McCarthy ✨ Signed memorabilia ✨ Letter of participation from IMD ✨ Premium networking opportunities Limited to only 50 participants, book your seats now via the link in Bio. #IMDImpact #SingaporeGrandPrix #SingaporeF1
Meet “Bob” 👥👋🏾 In the business world, customers offer more than just purchases – they hold the insights that drive success. Frédéric Dalsace, Professor of Marketing and Strategy, introduces the idea of your "Bobs" – carefully chosen customers who go beyond spending. They become your advisors, stress-testing ideas and guiding innovation. These insights, often more valuable than sales, shape your future. "Bob" challenges you to think differently and seize opportunities. Learn how to find and nurture "Bobs" to transform your business. Read more on #IbyIMD via the link in Bio. #IMDImpact
The global-to-local resilience shift ‘Globalization is visibly unraveling,’ asserts Carlos Cordon, Professor of Strategy and Supply Chain Management. This shift becomes apparent through the deceleration in global trade and the surge in the preference for "local for local" products and services. Amidst this transformation lies an opportunity for businesses to enhance their agility and adaptability. By exploring alternative suppliers, reimagining products and services to align with evolving conditions, and embracing heightened agility, businesses can forge resilient supply chains and bolster sustainability efforts. In this new landscape, the ability to swiftly and effectively adapt will determine the success of businesses. Those slow to embrace change risk falling behind. Discover how to navigate this paradigm shift on #IbyIMD. Link in Bio. #IMDImpact #Globalization #SupplyChain
A close look at how multinationals innovate in Asia. The second day of the China Management Transformation Forum brought to the fore a mounting and inevitable phenomenon: how multinational companies headquartered in Europe and the United States are investing in innovation initiatives in the country and across Asia. “It’s a combination of fast-growing economies, government support, ambitious workforce, and hunger for new technologies,” says Mark Greeven, Professor of Innovation and Strategy and CEO of IMD China, who took the stage of the @swissnexchina in Shanghai to present IMD’s latest study, “Innovating in Asia in 2023”, the result of a survey with more than 80 innovation executives at 50 multinational companies (MNCs), plus in-depth qualitative interviews with 25 of them. "Even across a wide array of different industries, there are prevalent challenges. This has led us to a series of recommendations when pursuing innovation in the region, such as: bring headquarters into the conversation, invest in business intelligence and benchmarking, even outside the industry, increase the autonomy of frontline teams, and take a strategic approach to talent development,” says Greeven. Day 2 of the China Management Transformation Forum in Shanghai included an inspiring keynote speech on innovation by 翟斌Ben Zhai, CEO of the Shenzhen Talent Group and director of the Nio User Trust Council, and panel discussions involving Erik Walenza-Slabe, CEO of market research firm IoT ONE, a partner of IMD China in the production of the study; Allan Gabor, President of @merckgroup China; Carey Liu, Director of Innovation at @tetrapak; Florian Weihard, Chief Technology Officer at ruhlamat Automation Technologies (Suzhou) Co., Ltd; as well as IMD’s Misiek Piskorski, Dean of IMD Asia and Oceania and Professor of Digital Strategy, Analytics and Innovation, and Ric Roi, Affiliate Professor of Leadership and Organization. Tap the link in bio to read more from Mark Greeven on the “Innovating in Asia in 2023” study at I by IMD. #IMDImpact #China #Innovation #IbyIMD
How farming destroyed the soil – and what we can do to fix it Fertile soil, rich in nutrients and microorganisms, is one of the building blocks of life, on which all plants, animals, and the environment rely. Unfortunately, the rise of industrial-scale agriculture in the years after World War II has resulted in a loss of biodiversity and soil erosion, leading to flooding and desertification, which in turn exacerbates the climate crisis. But it is possible to disrupt this vicious cycle. In this article for I by IMD, Calimna Sladic investigates regenerative agriculture and its potential to offset some of the harm humanity has caused to the environment. Tap the link in bio to find out what you can do to hasten the transition to a healthier and more resilient agricultural system. #IMDImpact #IbyIMD #Agriculture #RegenerativeFarming #Soil #Sustainability
The pitfalls to watch out for when setting up a digital healthcare business Social entrepreneur and co-founder of @alma_clinics_ Sibongile Manganyi-Rath was attracted by the comparatively speedy time to market of a digital vs traditional bricks-and-mortar healthcare offering when setting up Abeocare, the digital healthcare platform that underscores her network of nurse-led medical clinics serving low-income communities in South African townships. Manganyi-Rath shares five lessons she learned while setting up the digitally focused healthcare company: 🏥 Monitor costs 🏥 Maintain control of the intellectual property 🏥 Ensure your offering is easily accessible to your market 🏥 Make it affordable for consumers 🏥 Ensure your digital product is easy to use Link in bio for more. #IMDImpact #IbyIMD #Healthcare #Digital #SouthAfrica
🎮 Unlocking the power of gaming in business learning Studies show that playing while you work can bring a new level of engagement to workplace learning and development programs. But it’s not all just fun and games. IMD’s Chief Learning Officer Sarah Toms highlights the difference between games and gamification, the importance of stickiness in gamified learning initiatives, and how to guard against and work around the possible pitfalls of gamification. Get your game on at the link in bio. #IMDImpact #IbyIMD #Gaming #Gamification
“If you want to go for a swim, you’re going to get wet” Change is scary, but it can also be rewarding. While most people are fearful of change and reluctant to forge a new path, careful management of the change process and bringing people on board early on can go a long way to ensuring a positive outcome. Nadine Crauwels, President of Sandvik Machining Solutions and Executive Vice President at Sandvik AB, shares the following techniques for successful change management: 1️⃣ Simplify the picture 2️⃣ Get ready 3️⃣ Engage your staff in the process 4️⃣ Listen to those who are critical Find out more via the link in bio. #IbyIMD #IMDImpact #Change #ChangeManagement
Our IMD magazine, IbyIMd, is making waves in the Swiss lounge at Zurich airport! 🇨🇭✈️ It's an absolute delight to see our school publication being showcased for travelers to enjoy. Discover insightful articles, inspiring stories, and the latest happenings at @imdbusinessschool. 📰 Don't miss this chance to stay connected with our school community! 🔗 Check it out online: https://www.imd.org/ibyimd/magazine/ #IMDImpact #IbyIMd #InclusiveLeadership #SynergyFromDiversity #AI #SchoolMagazine #ZurichAirport #StayConnected
Supply chain meets talent management 🌟 The COVID-19 pandemic reshaped talent management strategies, prompting inspiration from resilient supply chains. As disruptions hit, the value of "supply chain resilience" became apparent in ensuring business continuity. Talent management faced its own transformation, with Frederik Anseel, Professor of Management at UNSW Business School, highlighting the impact on the traditional talent lifecycle. "Structural reallocation" led to diverse talent migration and skill demands, necessitating new approaches to talent attraction, selection, and retention. Organizations must adopt proactive, data-driven forecasting to thrive, avoiding "just-in-time" talent acquisition pitfalls. Learn how to apply the science of supply chain management to the art of talent management on I by IMD via the link in Bio. #IMDImpact #IbyIMD #SupplyChain #TalentManagement
I noticed that I'm the rare person who is in love with Elon Musk's decision to rename Twitter to X, therefore I was very glad that Goutam Challagalla gave several very good reasons behind Musk's rebranding move, e.g., "to expand product and service offerings in a new direction, or to remove negative associations connected to the old brand... At Twitter, Musk, who has openly called out the platform for being biased against conservatives may feel that a name change might broaden its appeal to different audiences by removing the association of being too left wing... Perhaps Musk felt that the Twitter brand was too established as a social media platform and could act as a straitjacket for his broader vision." Needless to say, rebranding comes with both opportunities and risks. The risks are obvious, including a further decline in the value of the company and the audience❗️ The opportunity probably lies in finding synergies with the Tesla and SpaceX brands (❓) I see it, and you❓ #reputationmanagement #ElonMusk #strategy #rebranding #opportunities #risks #IMD #IMDimpact Read more from @imdbusinessschool ⤵️ https://www.imd.org/ibyimd/strategy/whats-in-a-name-why-companies-decide-to-rebrand-and-when-it-makes-sense-to-do-so/ 📸 PinkNews
Twitter to X: unraveling the strategy behind corporate name changes Elon Musk is far from the first corporate titan to undertake a brand makeover. But his decision, announced last week, to rename social media platform Twitter as X promoted intense debate. Goutam Challagalla examines the main reasons companies opt for a name change and looks at previously successful and not-so-successful corporate rebrands. Read via the link in Bio on #IbyIMD. #IMDImpact #Twitter #Rebranding
How can we empower people to bring their authentic selves to work? While policies are evolving to align with changing societal attitudes and expectations, many organizations and sectors still face challenges when it comes to fostering inclusion. Su-Mei Thompson, CEO at media_trust and a commissioner at the UK's equality and human rights regulator, acknowledges the complexity of these issues, stating, "These are not easy issues, and there are no easy solutions. Getting inclusion right can feel like a treacherous minefield in the corporate world, especially in the context of today's culture wars." On #IbyIMD, Thompson offers six valuable suggestions for leaders aiming to create a more inclusive organization. Learn more via the link in Bio. #IMDImpact #Inclusion #People
Transformative DE&I books for your holiday 📖☀️ Are you looking for some holiday reading that will stretch your mind and challenge you to think in a different way? Want something a bit more meaty than the average beach read? In the latest issue of I by IMD, our faculty share recommendations for books that will help you navigate the challenges of diversity, equity, and inclusion (DE&I) while fostering improved dialogue and transformative leadership. Link in Bio for their insights on each title and why it's worth your time. #IMDImpact #IbyIMD #Books #Bookstagram #BookRecommendations #DEI
I am thrilled to be part of the upcoming episode of @remotedailylive online weekly talk show, taking place this Friday (7/28). This captivating show celebrates mindfulness, live music, and community, all while engaging in meaningful discussions about preparing ourselves for the future. I can't wait to join in on the excitement and engage in meaningful discussions during the event! 💥 Register to receive an invite to join on Zoom: https://www.remotedaily.co/join 💥 Attend the Livestream on LinkedIn: https://lnkd.in/ecyNtKDq #FutureReady #IMDImpact #FutureBusiness #CenterForFutureReadiness #RemoteDaily #virtualevent #futureofbusiness #insightfuldiscussion #preparingforthefuture
The gaming industry, worth a staggering $220 billion, has lessons to teach us about becoming future-ready. One key player, Microsoft's #Xbox, is reshaping the landscape. @Microsoft, in its attempt to acquire Activision Blizzard, the publisher behind Call of Duty and Candy Crush, faces regulatory concerns. Many fear a monopoly would limit game availability, driving consumers towards expensive consoles for access to popular games. But is this assumption right? Microsoft has been self-disrupting its traditional Xbox model for a decade, strategically leveraging its Xbox Game Pass to allow gamers to enjoy a library of over 400 games, on PCs, cloud devices, and the Xbox console itself. So, why would #Microsoft make this move? It's about mastering the art of self-disruption and staying ahead in the game, quite literally. For Xbox, the focus is shifting from 'device + service' to 'technology + content everywhere'. The takeaway? Don't wait for your old business model to die before inventing a new one. Always be ready to capitalize when the environment shifts. Read more: https://www.howardyu.org/what-we-can-learn-about-strategy-from-xbox-in-the-gaming-industry/ #FutureReady #IMDImpact #CenterForFutureReadiness #FutureBusiness #technology #tech #gamingindustry #games #businessstrategy
"There is a pressing need to get the carbon out of the air and buy more time for the planet. There has to be profound systemic change in the way we think, consume, produce and live our lives… And it will mean a completely different way of carrying out economic development policy which may mean less benefits and profits, as well as a different way of financing and sharing burdens.” The global community needs to tackle the climate crisis with a “systems change” approach, says Stefanie Held (MBA 2000), Director of Sustainability Energy Hub, @undp. See link in Bio for more. #IMDImpact #Sustainability #MBA
A strong future of work strategy can enable you to leap over the hurdles of today’s workplace, says Christian Schmeichel, Chief Future of Work Officer at @sap. His mission: drive transformation, create business opportunities, and be an attractive employer. Learn more about SAP's approach on #IbyIMD via the link in Bio. #IMDImpact #FutureofWork
Come learn why so many businesses struggle with innovation, what to learn from the disruptors of today, and how to be ready for unexpected futures! E272 How To Be Future Ready with Howard Yu live 28.07 1pm ET / 7pm CET! 💥 join on Zoom for the most interactive experience (link in bio!) or watch the livestream on LinkedIn or Youtube. Howard specializes in technological innovation, strategic transformation and change management. He heads @imdbusinessschool Center for Future Readiness, is the LEGO® Professor of Management and Innovation, and wrote the award-winning best-seller "LEAP: How to Thrive in a World Where Everything Can Be Copied". It will be an amazing show to finish off the season! #FutureReady #IMDImpact
“The possibility of data theft means business organizations may have to treat data as a liability. At the same time, it is important to have a discussion of privacy concerns at the local level. For instance, a Chinese person views privacy differently from a Brazilian who may also see it differently from an American.” Diego Barreto, CFO and VP of Strategy at @ifoodbrasil (MBA 2014), on why data management should be a strategic business imperative in the current age of “e-globalization”. See the link in Bio for more. #IMDImpact #IMDMBA #MBA #Alumni #IMDAlumni