Volkswagen emissions scandal: An owner’s perspective

Is your team ready for tough times? Ask these 7 critical questions to assess resilience, redefine success, and lead through uncertainty with purpose.

The costs of the Swiss healthcare system are rapidly approaching the 100 billion franc mark per year. On November 24, Switzerland approved the reform of the uniform financing of healthcare (EFAS), with potential savings of 440 million francs per y...

All organizations should have a plan to secure trust during, after (and even before) a crisis hits. Michael Skapinker offers a host of examples, both good and bad, to learn from

In a crisis, the pressure on the board and senior management can feel overwhelming. Here are five key behaviors your board should adopt to navigate a path through the turbulent waters.

On 15 April 2019, the Notre-Dame Cathedral in Paris faced a devastating fire. The Brigade des Sapeurs-Pompiers de Paris (BSPP) mobilized quickly, showcasing strategies in team dynamics, crisis management and coordination under pressure. The case provides an in-depth look at the operational choices and structural framework that allowed BSPP to save critical parts of the cathedral. Through the case, students will explore key aspects of resilience, rapid decision making and organizational behavior in high-stakes scenarios.

Climate change is no longer just an environmental issue but also a critical financial risk that demands immediate attention from business leaders, investors, lenders, and insurers alike. The increasing frequency and severity of climate-related eve...

As businesses navigate market disruptions, technological innovations and an increasingly turbulent world, leaders will frequently find themselves taking control of a team in the aftermath of a crisis. Inheriting such a challenging environment ofte...

This report provides a first mapping of the humanitarian impact finance continuum to identify different sources of funding for each respective actor (who does what, at what stage, and with what investment criteria) and thereby lower the barrier fo...

In 1983, Korean Air Lines Flight KE007, a Boeing 747, suffered a tragic fate that claimed the lives of all 269 passengers and crew. Against the backdrop of Cold War tensions, the aircraft experienced an autopilot failure and veered significantly off course into Soviet airspace. The crew’s missteps led to a series of misinterpretations because there was a lack of awareness of geopolitical intricacies and technological constraints. Confusion was triggered as a result of Flight KE007 entering Soviet territory during a heightened state of alert for a missile test, miscommunications, and a malfunctioning radar system. Soviet fighter jets, unable to establish communication, fired warning shots. When Flight KE007 sought altitude clearance, in accordance with its flight plan, this maneuver was misread as evasion and the Soviet military launched a missile that downed the aircraft. Post-incident, the Soviets maintained secrecy, attributing the intrusion to ongoing provocations. However, this catastrophe was the catalyst for pivotal advancements in air safety. The Reagan administration pledged to introduce GPS for civil aviation by 1988, which would afford precise global positioning. Interim measures included the extension of US military radar coverage and the establishment of a joint air traffic control system in 1986, with the Soviet Union monitoring civilian air traffic over the North Pacific. The narrative unfolds at the intersection of aviation, politics and global security in the early 1980s. Beyond technical and human factors, it underscores the profound impact of international relations and the subsequent strides in air safety emerging from this poignant chapter in aviation history.

Venezuela is engulfed in a political and economic crisis, which has forced over 6 million people – some 20% of the population – to flee the country since 2015. The mass exodus began when Venezuela’s economy collapsed, giving rise to rampant inflat...