TOMORROW'S CHALLENGES
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LATEST THINKING
By Stewart Black,Allen Morrison - 10/16/2014
Many Japanese multinationals have failed to globalize since the mid-1990s, mainly because they didn't globalize their leaders. We see worrying signs today that big companies from the BRICs and South Korea are repeating these mistakes.
By Michael D. Watkins - 10/16/2014
Successful business leaders go through seven major, or seismic, shifts in moving from functional to business leadership. This article focuses on the third of these: the switch from "tactician" to "strategist."
By Ralf W. Seifert,Isik Biçer - 10/10/2014
Matching innovative products with the right supply chains is very difficult. We suggest that companies could follow a dual strategy that exploits both the cost advantage of efficient resources and the agility of reactive resources.
By Francisco Szekely,Zahir Dossa - 10/9/2014
What precisely does it mean for an organization to become "sustainable"? This second article in a two-part series addresses broader societal aspects of sustainability.
By Francisco Szekely,Zahir Dossa - 10/2/2014
What precisely does it mean for an organization to become "sustainable," and how did this trend start? Part one of a two-part series.
By Michael D. Watkins - 10/2/2014
Successful business leaders go through seven major, or seismic, shifts in moving from functional to business leadership. This article focuses on the second of these: the switch from "analyst" to "integrator."
By Nuno Fernandes - 9/25/2014
Business schools urgently need to put finance in a broader context and to start educating a new generation of more financially literate executives, but very few are doing so. This means far too many managers are still frighteningly unaware of the financial consequences of their decisions.
By Thomas Malnight,Tracey Keys - 9/25/2014
The opportunities available to Indian companies have never been greater. How these firms navigate them has major implications for their future and also for the entire shape of global competition.
By Michael D. Watkins - 9/18/2014
Successful business leaders go through seven major, or seismic, shifts in moving from functional to general management. This article focuses on the first of these: the switch from "specialist" to "generalist."
By Misiek Piskorski - 9/18/2014
Employed job seekers face the challenge of having to stay discreet or risk problems at their current place of work. LinkedIn offers a solution.
By Joachim Schwass - 9/18/2014
It's an incredible personal dilemma for an entrepreneur: the creation of a business requires them to be in control 24/7, but its continuity requires them to relinquish some power.
By Nuno Fernandes - 9/11/2014
The European Central Bank has done too little too late to boost the struggling European economy.
By Cyril Bouquet,Chloé Renault - 9/11/2014
By clinging to old business models, industry leaders risk being overtaken by innovative competitors
By Jean-Pierre Lehmann - 9/4/2014
The outlook in Asia is currently bleak but there are a few pockets of hope, observes Jean-Pierre Lehmann.
By Bettina Buechel - 9/4/2014
Have you ever wondered how far your stuff traveled to get to you? IMD explores Pak Lino's vision for exporting through Indonesia's largest port.
By Phil Rosenzweig - 8/28/2014
China's economic and corporate influence continues to grow. This means more and more western executives must learn to think in a different way.
By Howard Yu,Willy C. Shih - 8/28/2014
Most Taiwanese technology companies didn't succeed in developing global brand presence but Acer found its way to buck the trend.
By John Walsh - 8/28/2014
Is a system fair if people pay different prices for the same service? Such "price discrimination" is at the center of a debate surrounding a new multi-billion dollar blockbuster drug to cure Hepatitis C.
By Cyril Bouquet,Chloé Renault - 8/21/2014
The future of transportation shows that tomorrow's technology will be clean and smart but is "big brother" knowing our every move worth the benefits?
By Misiek Piskorski - 8/21/2014
Selling condoms in China was not easy but Durex adopted a new digital strategy and won over the country's market.
By Benoit Leleux,Jan van der Kaaij - 8/14/2014
Can sustainability really be turned into an effective driver of innovation and improve a firm's profitability? Here's how Dutch multinational company DSM made the case to investors and financial markets.
By Arturo Bris - 8/14/2014
"While many economies seem to be rebounding since the 2008 crisis, we shouldn't be complacent," says IMD Professor Arturo Bris. "Too often we do not learn from history and do not act when faced with a crisis we know is imminent."
By Denise Kenyon-Rouvinez,Joachim Schwass,Anne-Catrin Glemser - 8/7/2014
Family feuds at the heart of some big Asian companies show the damage that can arise from avoiding difficult conversations. By contrast, Indorama Ventures' Aloke Lohia had a tough talk with his father - and it held the key to his future success.
By Carlos A. Primo Braga - 8/5/2014
On July 30th Argentina again defaulted on its sovereign debt. This default is different to the country's previous one in 2001 and will hopefully lead to a fresh look at the idea of a sovereign debt restructuring mechanism.
By Jean-Louis Barsoux,Daina Mazutis - 7/31/2014
Sustainability retains a defensive connotation, and companies tend to concentrate mainly on what could go wrong. Instead, they should reframe the issue to reflect its transformative potential.
By Dominique Turpin - 7/24/2014
Product innovation is just one note in a whole piano of possible innovations. If your company is serious about differentiating itself from the competition, then it must innovate on all dimensions all the time.
By Jean-Pierre Lehmann - 7/15/2014
Can India re-find its past glory and draw on its formidable brain power - including that big chunk which constitutes its incomparable "diaspora"?
By Karsten Jonsen - 7/15/2014
The game's over but were all the matches really fair? IMD explores why FIFA refuses to incorporate better technology for making calls in the World Cup.
By Denise Kenyon-Rouvinez,Anne-Catrin Glemser - 7/11/2014
Family businesses must build and train a critical mass of potential successors. But what questions should next-generation members ask themselves before joining the family firm? We would suggest four.
By Bill Fischer - 7/9/2014
Disruption should not mean a wholesale rejection of the traditional five-forces approach to strategy, but rather a more balanced approach that incorporates dynamic change-centered thinking.
By Carlos A. Primo Braga - 7/3/2014
Unless the next administration can foster a private sector-led investment recovery, Brazil will continue to underperform. To break the vicious cycle of below-potential growth rates feeding into negative expectations and vice versa, a competition "shock" is required.
By Jean-Pierre Lehmann,Salim Ismail,Fabrice Lehmann - 7/3/2014
The transformations occurring in the world economy contain challenges with which Madagascar is presently ill-equipped to contend. But these transformations also provide the opportunity for it to build on existing assets.
By Howard Yu,Xue Feng,Hunter Shen - 6/26/2014
All over China, a growing number of small and medium enterprises are determined to blend the latest thinking with traditional Chinese values to not only catch up with, but race ahead of western multinationals.
By Jean-Pierre Lehmann - 6/26/2014
To avert disaster, capitalists need to be shaken out of their lethargic geopolitical complacency and too visceral indulgence in wishful thinking.
By Karsten Jonsen - 6/18/2014
How to understand and remain alert to the signs of conflict contagion at the team level.
By Winter Nie - 6/18/2014
Will it be one of the largest IPOs in history? As the markets await Alibaba's day on Wall Street, IMD Professor Winter Nie explores the story behind the internet giant.
By Francisco Szekely,Victoria Kemanian - 6/12/2014
Through their systemic and transformational approach to sustainability, emerging-market companies show a strong focus and determination to act as catalysts for change in their societies
By Ralf W. Seifert,Florian Lücker - 6/12/2014
Do companies have the capabilities to address supply chain resilience and where do they need to improve to prepare for the next disaster?
By Aileen Ionescu-Somers,Francisco Szekely - 6/5/2014
No one group working alone can solve the complex, serious challenges posed by climate change. Businesses must make sure that they play their part in finding solutions.
By Francisco Szekely,Victoria Kemanian - 6/5/2014
Emerging-market firms' fresh approach to sustainability focuses on relevance and thus reflects their unique local contexts and a different attitude toward innovation
By Francisco Szekely,Victoria Kemanian - 5/28/2014
Emerging-market firms are adopting innovative and transformational approaches to corporate sustainability and reshaping the views of businesses worldwide.
By Anand Narasimhan,Jean-Louis Barsoux - 5/28/2014
The litmus test of a successful transformation effort is whether the organization achieves broad-based behavior change, not just improved results.
By Maury Peiperl,Suzanne de Janasz - 5/22/2014
Could crowdsourcing help your organization navigate current challenges or set a course in a previously unknown but profitable direction?
By Joachim Schwass,Denise Kenyon-Rouvinez,Anne-Catrin Glemser - 5/22/2014
The Stern family has made its mark on Swiss luxury watchmaker Patek Philippe in three distinctive ways that contain useful lessons for other family businesses.
By Stewart Black - 5/15/2014
Moving into the executive suite is a major change. Executives who recognize the risks of stress and isolation, and take concrete steps to address these, can greatly increase their chances of further success.
By Dominique Turpin - 5/15/2014
In these turbulent times, many marketers are tempted to look for easy solutions and quick wins. But these temptations can seriously damage your brand!
By Arturo Bris - 5/8/2014
The impact of free trade on national competitiveness depends very much on a country's stage of development. In poorer countries, foreign trade often brings virtually no benefit to the local population.
By Winter Nie - 5/8/2014
Learn how WeChat's virtual HongBao envelopes created a frenzy that had millions of players engaged in an exciting online activity
By Martha Maznevski - 5/1/2014
Why do Americans disagree with their bosses? Are Germans more impressed by hierarchies or titles? And why do budgets play a different role in Italy than in Brazil?
By Salvatore Cantale,Jean-Louis Barsoux - 5/1/2014
Value creation lies at the very heart of the purpose of the corporation. But there is much confusion about what it signifies and how to pursue it.