Emeritus Professor Paul Strebel

Emeritus Professor Paul Strebel

Paul Strebel works with boards of directors and top management teams as an educator and advisor on strategic vision and the resolution of boardroom conflicts. In addition to personal experience as a board director, he has facilitated interactive workshops and seminars on best in-class boards and strategic breakthroughs for multinationals in Europe, U.S., South Africa, the Middle East and S.E. Asia.

He is the originator of several managerial frameworks:

Outpacing Business Strategies (developed together with Xavier Gilbert): Companies shouldn’t opt exclusively for low delivered cost, or high perceived value, but rather deploy them in sequence to drive the industry’s evolution and beat the competition. 

Employee Compacts: To make organizational change effective, management must understand why employees resist change, take account of the forces of change and resistance and offer employees correspondingly tailored compacts.

Contingent Governance: Board directors are more effective when they are aware of the four basic roles of the board that reflect support and control, and how the board should shift focus between the roles to deal with internal and external challenges. 

Redefined Stakeholder Capitalism: Executives can reconcile shareholders with other stakeholders, by focusing rigorously on creating long-term shareholder value, based on win-win initiatives with value creating stakeholders, while avoiding the value-destroying traps and ESG risks associated with others.

Professor Strebel has twice received the Award for Research on Leadership from the Association of Executive Search Consultants and has won several case study awards from the European Foundation for Management Development. He has published articles in the MIT Sloan Management Review, Harvard Business Review, California Management Review, Strategic Management Journal, Long Range Planning, among numerous others and has contributed on governance issues to the business press.

Paul Strebel's books include, Breakpoints: How Managers Exploit Radical Business Change (Harvard Business School Press); The Change Pact: Building Commitment to Ongoing Change (FT Prentice Hall); Trajectory Management: Leading a Business over Time (Wiley); Smart Big Moves: The Story Behind Strategic Breakthroughs (FT Prentice Hall). He is the co-editor of IMD's guidebook on Mastering Executive Education: How to Combine Content with Context and Emotion (FT Prentice Hall)

Professor Strebel was IMD’s first Director of Research, held the Sandoz Family Foundation Chair in Strategic Change Management, sponsored the introduction of IMD’s Executive MBA program, directed several of IMD’s open and company-specific executive development programs, and developed the IMD online program, Strategic Thinking

Prior to joining IMEDE, one of the two founding institutes of IMD, he was Chairman of the Finance and Economics Group at the State University of New York in Binghamton, Director of the MBA Program at the University of the Witwatersrand in Johannesburg, and on the financial staff of W.R. Grace & Co. 

He was educated at the University of Cape Town where he was awarded a Master of Science degree for a thesis in nuclear chemistry, graduated from Columbia University in New York with an MBA specializing in finance, and received his doctorate with a dissertation in chemical physics from Princeton University.

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Paul Strebel's Publications
Redefine stakeholder capitalism for real impact with three guiding principles
Why and how you should distinguish between stakeholders
COVID-19 is turning the tables on short-term shareholders