IMD business school for management and leadership courses

The six disciplines of strategic thinking by Michael D Watkins - IMD Business School
Book Strategy Leadership
The Six Disciplines of Strategic Thinking
Latest awards & honors
More awards & honors
Article
The COVID-19 pandemic and family business performance

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…

Family Business Performance Management Resilience
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
By Ivan Miroshnychenko, Giorgio Vocalelli, Alfredo De Massis, Stefano Grassi and Francesco Ravazzolo
in Small Business Economics
January 2024, vol. 62, pp. 213–241, https://doi.org/10.1007/s11187-023-00766-2
The COVID-19 pandemic and family business performance
By Ivan Miroshnychenko Giorgio Vocalelli Alfredo De Massis Stefano Grassi and Francesco Ravazzolo
in Small Business Economics January 2024, vol. 62, pp. 213–241, https://doi.org/10.1007/s11187-023-00766-2
Summary
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…
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Academic publications
More academic publications
Article
Executive gender and firm leverage decisions: The role of firm ownership and governance

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…

Family Business Board Diversity and Equity and Inclusion
By Alfredo De Massis, Fernando Muñoz-Bullón, Maria J. Sanchez-Bueno, Pilar Velasco and Silvio Vismara
in Journal of Business Research
June 2024, vol. 179, 114700, https://doi.org/10.1016/j.jbusres.2024.114700
Executive gender and firm leverage decisions: The role of firm ownership and governance
By Alfredo De Massis Fernando Muñoz-Bullón Maria J. Sanchez-Bueno Pilar Velasco and Silvio Vismara
in Journal of Business Research June 2024, vol. 179, 114700, https://doi.org/10.1016/j.jbusres.2024.114700
Summary
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…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Transforming customer experience: A story of ambition, values, beliefs, and digital capabilities

In this interview with Piyush Gupta CEO of DBS, we explore the bank’s market-oriented transformation journey from an underperforming mainly local Singaporean bank to becoming a globally significant Asian-based player earning accolades such as “World’s Best Bank.” We explore Gupta’s role in promoting market orientation and his focus on customer e…

Strategy Customer Centricity Digital
By Seán Meehan
in AMS Review
21 May 2024, ePub before print, https://doi.org/10.1007/s13162-024-00278-6
Transforming customer experience: A story of ambition, values, beliefs, and digital capabilities
By Seán Meehan
in AMS Review 21 May 2024, ePub before print, https://doi.org/10.1007/s13162-024-00278-6
Summary
In this interview with Piyush Gupta CEO of DBS, we explore the bank’s market-oriented transformation journey from an underperforming mainly local Singaporean bank to becoming a globally significant Asian-based player earning accolades such as “World’s Best Bank.” We explore Gupta’s role in promoting market orientation and his focus on customer e…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The evolution of craft work in the strategic development of a family enterprise

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…

Family Business Entrepreneurship
By Emanuela Rondi, Vittoria Magrelli, Francesco Debellis and Alfredo De Massis
in Strategic Entrepreneurship Journal
9 May 2024, ePub before print, https://doi.org/10.1002/sej.1503
The evolution of craft work in the strategic development of a family enterprise
By Emanuela Rondi Vittoria Magrelli Francesco Debellis and Alfredo De Massis
in Strategic Entrepreneurship Journal 9 May 2024, ePub before print, https://doi.org/10.1002/sej.1503
Summary
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…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Analyzing swings in Bitcoin returns: A comparative study of the LPPL and sentiment-informed random forest models

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:…

Finance
By José Parra Moyano, Daniel Partida, Moritz Gessl and Somnath Mazumdar
in Digital Finance
1 May 2024, ePub before print, https://doi.org/10.1007/s42521-024-00110-7
Analyzing swings in Bitcoin returns: A comparative study of the LPPL and sentiment-informed random forest models
By José Parra Moyano Daniel Partida Moritz Gessl and Somnath Mazumdar
in Digital Finance 1 May 2024, ePub before print, https://doi.org/10.1007/s42521-024-00110-7
Summary
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:…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The lean impact start-up framework: Fueling innovation for positive societal change

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…

Social Innovation Entrepreneurship
By Sophie Bacq and Stephanie Wang
in Journal of Management
5 April 2024, ePub before print, https://doi.org/10.1177/01492063241240713
The lean impact start-up framework: Fueling innovation for positive societal change
By Sophie Bacq and Stephanie Wang
in Journal of Management 5 April 2024, ePub before print, https://doi.org/10.1177/01492063241240713
Summary
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…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The localness effect of family firm branding on consumer perceptions and purchase intention: An experimental approach

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…

Family Business Branding
By Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus and Alfredo De Massis
in Journal of Small Business Management
2 April 2024, ePub before print, https://doi.org/10.1080/00472778.2024.2326581
The localness effect of family firm branding on consumer perceptions and purchase intention: An experimental approach
By Philipp Jaufenthaler Andreas Kallmuenzer Sascha Kraus and Alfredo De Massis
in Journal of Small Business Management 2 April 2024, ePub before print, https://doi.org/10.1080/00472778.2024.2326581
Summary
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…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case studies
More case studies
Knowledge Hub – I by IMD
See more
Article
As conference season unfolds, strategies for leading panel discussions

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.

Leadership
By Susan Goldsworthy
in I by IMD
14 May 2024
As conference season unfolds, strategies for leading panel discussions
By Susan Goldsworthy
in I by IMD 14 May 2024
Summary
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.
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Insights for practitioners
See more
Book
The future-ready leader: Accelerated learning for business success

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…

Leadership Disruption Change Management Strategy
By Peter Lorange and Karin Mugnaini
Published by Springer, © 2023
The future-ready leader: Accelerated learning for business success
By Peter Lorange and Karin Mugnaini
Published by Springer ©2023
Summary
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…
Copyright ©2023
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Book
IMD World Competitiveness Yearbook: 2023

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…

Competitiveness Economics Data Analytics
By Arturo Bris, Christos Cabolis, José Caballero and Marco Pistis
Published by International Institute for Management Development, © 2023
IMD World Competitiveness Yearbook: 2023
By Arturo Bris Christos Cabolis José Caballero and Marco Pistis
Published by International Institute for Management Development ©2023
Summary
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…
Copyright ©2023
Copyright owner IMD Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications