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Report

The IMD Annual Report 2021

Challenging what is and inspiring what could be

128 pages

April 2022

PRINTABLE PDF – 13MB

Each year, the IMD Annual Report charts and explores the institution’s approach and activities as a world leader in executive education and research. Fuelled by pioneering thought leadership, a unique proximity to business and innovative pedagogy, IMD develops leaders who transform organizations and contribute to society through an award-winning range of open and custom programs, and MBA and EMBA degrees.

In 2021, the board was impressed by the commitment and united spirit of the IMD faculty and team, led by President Jean-François Manzoni. We continued to invest with bold ambition to build a diverse, technology-enabled offering for a new era, rather than just waiting for the storm to subside.

The IMD Annual Report 2021 can be read in full here:

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Article

Annual prognoses and corporate strategy - 2025 Trends

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Lead the change: Pushing past roadblocks to drive sustainable business transformation in Europe

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Sustainability Business Transformation Innovation Leadership

By Julia Katharina Binder, Mahwesh Khan, Esther Salvi, Divya Bhatia, Florent Andrillon, Juliette De Maupeou and Liza Garay de Vaubernier

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Why leaders don’t engage in strategic thinking

Strategic thinking is key to success. Overcome common excuses and develop the skills to navigate change, drive innovation, and prepare for future business challenges.

Leadership Strategy

By Michael D. Watkins

in I by IMD

Article

Leadership 2025 - 5 Key Behaviors - Tania Lennon

The increasing pace of disruption and change means leaders need to cultivate behaviors that support their sustained success. From building strategic flexibility to broadening stakeholder connections, here is our expert guide to leading in an age o...

Leadership 2025 - 5 Key Behaviors - Tania Lennon

Leadership Disruption Strategy

By Tania Lennon

in I by IMD

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Case Study

The seven stages of culture transformation

Business Transformation Leadership Organizational Culture

By Michael D. Watkins

Article

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Effective leadership, a clear narrative, and a shared vision are vital ingredients for bringing lasting change on sustainability.

Leadership Sustainability

By Julia Binder and Knut Haanaes

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How luxury brands can build strategic resilience in 2025

Officially, brands executives continue to display confidence that big luxury will shrug off the 2024 downturn as a cyclical one. They see it as the product of the combined collapse of real estate prices in China and a return to normalcy after the ...

Luxury Strategy Branding Innovation

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in Forbes.com

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Article

In an uncertain 2025, it’s time to reframe and break through

Leaders risk getting lost in information overload and complexity. It’s time to reframe and look at the world through fresh eyes.

Geopolitics Innovation Leadership

By Stefan Michel

in I by IMD

Article

Case study: The CEO suffered a breakdown. Now what?

Alex Reinhardt was brought in to turn around a renewable-energy company that had been on the verge of bankruptcy until the German government bailed it out. After he fainted from overwork and burnout and had to take a medical leave, the board appoi...

Corporate Governance Leadership Change Management

By Jean-François Manzoni

in Harvard Business Review

January-February 2025, vol. 103, issue 1

Lead the change: Pushing past roadblocks to drive sustainable business transformation in Europe

By Julia Katharina Binder Mahwesh Khan Esther Salvi Divya Bhatia Florent Andrillon Juliette De Maupeou and Liza Garay de Vaubernier
10 January 2025

Summary

Available Languages English

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Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Sustainability

Business Transformation

Innovation

Leadership

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Leadership 2025 - 5 Key Behaviors - Tania Lennon

By Tania Lennon
in I by IMD 8 January 2025

Summary

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Leadership

Disruption

Strategy

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The seven stages of culture transformation

By Michael D. Watkins
Case reference: IMD-7-2615 ©2024

Summary

This note presents an integrated model for organizational culture transformation, addressing common pitfalls and barriers to successful change. It outlines seven key elements: (1) defining the target culture, (2) clarifying leadership’s role, (3) driving change through team cascades, (4) building a culture coalition, (5) aligning HR systems, (6) fostering employee engagement, and (7) measuring progress and making adjustments. The approach combines top-down direction with bottom-up engagement and emphasizes the crucial role of middle management in facilitating change. It provides actionable strategies for each element, including how to assess current culture, develop culture commitments, empower teams, train culture champions, redesign HR practices, implement feedback mechanisms and establish metrics for measuring cultural change. It also incorporates established change management principles to address resistance and ensure sustainable transformation. By offering a comprehensive framework that balances structural and human elements of change, this note equips executives and HR leaders with the tools to navigate the complexities of cultural transformation.

Reference IMD-7-2615

Available Languages English

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Business Transformation

Leadership

Organizational Culture

Browse all topics