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#post_excerptHannele Jakosuo-Jansson of Neste and Finnair shared key insights on board roles in CEO transitions and culture shifts with IMD’s High Performance Boards program.

Embracing greater diversity is key as new EU legislation mandates stronger female representation on corporate boards. Diana Markaki shares expert guidance.

Discover a framework for Responsible Leadership, guiding you to lead with care and ethics in an increasingly turbulent and complex world.

Campaign failures at Apple, Bud Light, & Jaguar show why boards must prioritize marketing oversight. Insights from Su-mei Thompson.

This article examines four critical governance failures in boards: risk management, strategic oversight, executive and non-executive relationships, and integrity. It advocates for a shift in the role of boards from reactive oversight to proactive ...

Explore an IMD white paper with Microsoft and EqualVoice, launched at Davos, addressing GenAI bias risks and offering survey insights and recommendations.

The China Resources Beer (CR Beer) case study is a compelling narrative of the world’s largest beer producer by volume under the leadership of CEO Hou Xiaohai. In 2016 CR Beer embarked on a pivotal transformation journey. This case study offers critical insights that particularly resonate with Chinese corporations navigating similar challenges in an era marking the end of China’s rapid economic growth. Faced with industry saturation, changing consumer behaviors, the rise of digital technology and the imperative shift from expansive to high-quality growth, CR Beer’s story mirrors the predicament in which many Chinese companies find themselves today. The case delves into CR Beer’s strategic overhaul, how it optimized its vast 60,000-employee structure, streamlined operations and embraced digital transformation to remain competitive. CR Beer’s transformation was characterized by tackling “three mountains” – operational inefficiency due to numerous small factories with high costs and low-capacity utilization, weak brand presence in the high-end beer market and an underutilized and mismatched workforce. The study also highlights the company’s innovative approach to rebranding for younger consumers, integrating consumer insights into product development and exploring new business models. It underscores the importance of internal cultural shifts to support these external changes and the role of leadership in guiding transformation. CR Beer’s journey from traditional efficiency to future-readiness offers valuable lessons in managing large-scale organizational change, strategic management and business innovation. It provides essential insights for understanding the complexities of transformation in a rapidly evolving industry, making it a crucial read for those interested in organizational change, particularly in the context of the Chinese market and its unique challenges and opportunities.

Corporate DE&I is not simply a question of fairness. Implemented successfully, it pays off for both the company and society in general. Here's how it's done.

Unlock the full potential of talent and innovation by ensuring equal opportunity and representation across race, gender, and background. Explore the Theory of Equality.

In today’s rapidly evolving business landscape, fostering diversity, equity, and inclusion (DEI) is not just a moral obligation but a strategic imperative. As global markets expand and societies become more diverse, businesses that champion inclus...