IMD business school for management and leadership courses
Dolf van den Brink, CEO of HEINEKEN, left the company’s global headquarters in Amsterdam for a company retreat. Over the next three days, the entire executive team would gather to discuss the company’s future. The preliminary results for 2022, presented during the recent two-day Capital Markets Event, were positive, and the company’s progress on…
Research Information & Knowledge Hub for additional information on IMD publications
This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandem…
Research Information & Knowledge Hub for additional information on IMD publications
Sept 2022. Corinne Avelines, SIBIUS’s CEO, had received the news that the results of the first large-scale test of the company’s first product had just been published. The test, conducted with children between 3 and 4 years old, validated their approach to early detection of autism. The technology was grounded in research showing that it was pos…
Research Information & Knowledge Hub for additional information on IMD publications
The case discusses the development of Valeur Absolue – the niche luxury perfume company – from its inception in 2012 through to 2022 and the leadership journey of its founder Bénédicte Foucart. In pursuit of her purpose to empower women and increase the positive energy in their lives, Bénédicte believed that she would be able to address women’s …
Research Information & Knowledge Hub for additional information on IMD publications
AMAG is Switzerland’s premier automotive retail and service company, holding exclusive rights to import Volkswagen Group car brands such as Audi, Volkswagen, Skoda, Cupra and Seat. In 2022 AMAG had 7,300 employees and a revenue of CHF 4.4 billion. The electrification of the automotive industry and the introduction of the agency model by the Volk…
Research Information & Knowledge Hub for additional information on IMD publications
Without much family discussion, PDJ put majority ownership of Grundfos into the Poul Due Jensen Foundation in 1975. His family would receive a 15% stake in the company. This ownership stake was important, since by Danish law, the company could be sold if family ownership fell below 10%. The 8-member foundation board would oversee the company’s l…
Research Information & Knowledge Hub for additional information on IMD publications
Female leadership in strategic decision-making has received considerable attention in the context of global gender inequality. To advance our understanding of the role of executive gender in corporate financing decisions, we examine whether family firms are less likely to use leverage than their non-family counterparts when they have a female le…
Research Information & Knowledge Hub for additional information on IMD publications
Craft firms characterized by a humanistic approach to work face a tension between adhering to pure craft principles and embracing industrialization. This challenge is heightened in family-controlled craft firms, striving to uphold tradition while adapting to change. This study examines how craft work evolves along the trajectory of entrepreneur…
Research Information & Knowledge Hub for additional information on IMD publications
Forecasting Bitcoin’s returns continues to be a challenging endeavor for both scholars and practitioners. In this paper, we train a random forest model on a variety of features, with the aim of predicting pronounced changes in the returns of Bitcoin. The model that we present in this paper outperforms the baseline model with which we compare it:…
Research Information & Knowledge Hub for additional information on IMD publications
How can innovative solutions to address societal grand challenges be cultivated in a pragmatic and impactful way? In this article, we propose the “lean impact start-up” framework, which integrates the principles of the lean start-up methodology with fresh perspectives from new stakeholder theory—and specifically, stakeholder governance. The lean…
Research Information & Knowledge Hub for additional information on IMD publications
Consumer preferences are changing, wherein brands with a pronounced local identity are garnering increased favorability. While family firms often embody this concept, there is limited consumer-focused research on its role in family firm management and branding. Drawing from consumer inference theory, we propose that consumers use a firm’s family…
Research Information & Knowledge Hub for additional information on IMD publications
Digital technology is reshaping workplaces by enabling spatial separation of offices, known as telework, or remote intelligence (RI) and by facilitating automation of service sector tasks via artificial intelligence (AI). This paper is the first attempt to empirically investigate whether AI and RI are complements or substitutes in the service se…
Research Information & Knowledge Hub for additional information on IMD publications
Nespresso, the global leading brand in portioned coffee, is facing an existential threat. The company’s current market base, which consists primarily of aging consumers, is likely to decline in the medium to long term. To compensate for the certain shortfall, the company needs to attract young coffee drinkers among Millennials and Generation Z, …
Research Information & Knowledge Hub for additional information on IMD publications
Nathalie grappled with the divergent views in her head and from her team, evaluating a range of options: Persisting doggedly, halting completely, pausing temporarily, decelerating prudently or reconsidering and crafting a new strategy. The case discusses the cost of perseverance and provides an opportunity to explore the qualities of a CEO faci…
Research Information & Knowledge Hub for additional information on IMD publications
This case examines the leadership challenges faced by Nathalie Wappler, the new CEO of SRF, a public media company that operates in the German-speaking part of Switzerland and is part of the largest media company in Switzerland, SRG. The study spans the period from 2019 to 2021, capturing the seismic shift in corporate identity, disruptive chang…
Research Information & Knowledge Hub for additional information on IMD publications
The Midvale Healthcare System case explores the impact of complexity, uncertainty, volatility and ambiguity (CUVA) on leadership decision making and prioritization. Midvale, a traditionally stable healthcare provider, is experiencing an escalating cascade of internal and external challenges. These include shifting patient demographics, reimburse…
Research Information & Knowledge Hub for additional information on IMD publications
In 2022, Elon Musk, known for his innovative ideas and often compared to Steve Jobs, made a big move by buying Twitter for $44 billion. He then started transforming the microblogging platform, rebranding it as “X.” His goal was to turn Twitter into a super app like WeChat in Asia, combining many services like messaging, shopping and payments int…
Research Information & Knowledge Hub for additional information on IMD publications
E-commerce as a share of retail continues to grow, accelerated by the pandemic. This is particularly true of the online grocery market. As one of the largest online grocery markets in the world, the UK has many players, but two of the most dynamic are the market leader – Tesco – and Ocado. These two companies have taken markedly different approa…
Research Information & Knowledge Hub for additional information on IMD publications
From reconfiguring supply chains to engaging with policymakers, these tactics, based on expert interviews, offer a roadmap for multinationals to thrive in a world marked by geopolitical turbulence.
Research Information & Knowledge Hub for additional information on IMD publications
Benjamin Von Wong is a Canadian artist who has gained recognition for creating powerful images that carry important environmental and social messages. He combines fantasy, surrealism, and environmental themes. Here, he explains how his creative approach translates for business leaders.
Research Information & Knowledge Hub for additional information on IMD publications
Leaders often get asked to spearhead discussions at global gatherings. You cannot just rock up and hope for the best. Preparation, active listening, and adaptability are the guiding principles for creating forums of exchange and exploration.
Research Information & Knowledge Hub for additional information on IMD publications
CEOs face unprecedented pressure to address environmental concerns “now”. Knut Haanaes, Julia Binder, and Bryony Jansen-van Tuyll explain why companies must heed this urgent imperative to act.
Research Information & Knowledge Hub for additional information on IMD publications
Sarah Toms explains how IMD is balancing risk and opportunity as it seeks to capitalize on AI.
Research Information & Knowledge Hub for additional information on IMD publications
Startups can harness their inherent agility to stir up stagnant, risk-averse industries, suggests IMD’s James Henderson.
Research Information & Knowledge Hub for additional information on IMD publications
The founding partner of DAA capital gives a deep dive on how pension funds shape their engagement with venture capital.
Research Information & Knowledge Hub for additional information on IMD publications
From reconfiguring supply chains to engaging with policymakers, these tactics, based on expert interviews, offer a roadmap for multinationals to thrive in a world marked by geopolitical turbulence.
Research Information & Knowledge Hub for additional information on IMD publications
Benjamin Von Wong is a Canadian artist who has gained recognition for creating powerful images that carry important environmental and social messages. He combines fantasy, surrealism, and environmental themes. Here, he explains how his creative approach translates for business leaders.
Research Information & Knowledge Hub for additional information on IMD publications
Leaders often get asked to spearhead discussions at global gatherings. You cannot just rock up and hope for the best. Preparation, active listening, and adaptability are the guiding principles for creating forums of exchange and exploration.
Research Information & Knowledge Hub for additional information on IMD publications
Mike and Amit discuss why microprocessors are so vital to the future of AI and the story of one hardware maker that’s a cut above the rest.
Research Information & Knowledge Hub for additional information on IMD publications
CEOs face unprecedented pressure to address environmental concerns “now”. Knut Haanaes, Julia Binder, and Bryony Jansen-van Tuyll explain why companies must heed this urgent imperative to act.
Research Information & Knowledge Hub for additional information on IMD publications
Where do your instincts come from and how can you improve them? Stretched by heavy workloads and facing ever more complex environments, leaders increasingly find themselves running on automatic and relying on their instincts. But depending on instincts is a bit like gambling, and as a result, stress levels, mistakes and failure rates are all on …
Research Information & Knowledge Hub for additional information on IMD publications
International bestselling author of The First 90 Days Michael D. Watkins presents an actionable new framework to help aspiring leaders learn to think strategically—a set of skills more necessary than ever in a world of constant change. Pattern recognition. Systems perspective. Mental agility. Structured problem-solving. Visioning. Political savv…
Research Information & Knowledge Hub for additional information on IMD publications
If you are currently working on a strategic initiative and don’t quite know what to do at this stage, this trusted companion provides you with a step by step guide for leading strategic initiatives by intertwining theoretical frameworks with practical tools. It provides you with guidance on which tools to use when. Embedded throughout the book a…
Research Information & Knowledge Hub for additional information on IMD publications
If you’re a business leader looking to stay ahead of the curve, this book is an essential guide. It offers a comprehensive overview of the major trends shaping the future of business, drawing on reviews of 70 recent management books and interviews with 21 senior leaders. What sets this book apart is that it’s grounded in the real-world experienc…
Research Information & Knowledge Hub for additional information on IMD publications
In today’s complex world, family offices play a pivotal role in safeguarding a family’s heritage and unity while preserving and growing generational wealth. As the world around us evolves, so too must family offices as they adapt to meet the changing needs of their families. The Family Office Navigator is your essential guide for establishing an…
Research Information & Knowledge Hub for additional information on IMD publications
Now in its 35th year, the IMD World Competitiveness Yearbook continues to serve as a beacon for governments, businesses, and individuals as they seek to navigate the complex landscape of global competitiveness. Our annual assessment sheds light on the key factors that drive and shape the comparative data, providing valuable insights and benchmar…
Research Information & Knowledge Hub for additional information on IMD publications