Innholdsfortegnelse for November/December 2018 i The European Business Review

After years of planning and preparation, we have ultimately launched our highly anticipated feature: Top Executive Education Programmes with the Best Return on Investment, in which we aim to give you a glimpse of the most top-quality executive education programmes from around the world, and provide insight into how they maximise the impact and return on investment (ROI) for participants, both individually and organisationally. For the first issue of this series, we are honoured to feature Berkeley Executive Education, University of California Berkeley, through an in depth interview with their Interim Dean, Professor Laura Tyson, who shares with us the institution’s culture of excellence, faculty’s breadth of expertise and knowledge, and the impressive understanding of their client’s business objectives. On the cover story, we are delighted to feature an important…

Located in the heart of the world’s innovation center, UC Berkeley’s Haas School of Business aims to address the need for lifelong learning by creating a “new thinking for a new economy.” The institution’s culture of excellence, faculty’s breadth of expertise and knowledge, and an impressive understanding of their client’s business objectives, allow programmes at UC Berkeley Executive Education (a Haas affiliated company), whether custom designed or open enrollment, to help shape careers and put companies ahead of the curve. To understand more about what makes UC Berkeley Haas the west coast business school which best meets client’s needs, we sat down with their Interim Dean, Professor Laura Tyson. Q Good day, Dean Tyson! Thank you for taking the time to talk to us today. Let’s start this interview by…

Started out as a local bank catering to a niche market, Sovcombank became one of the largest in terms of assets and most profitable banking groups in Russian Federation. Sergey Khotimskiy, First Deputy Chairman and co-owner of Sovcombank PJSC, shared with us how their remarkable rise and success is the fruit of their preparedness to change priorities and maneuver at each moment in time. Agility, which is at the core of their banking system, allows them to stay ahead of the competition and deliver exceptional value for their customers and stakeholders. Q Hello Mr. Khotimskiy, thank you for taking the time to talk to us today. Let's start the interview by asking how did your previous business influence your decision to become a banker? We know you were a lawyer…

Jean-Noël Kapferer, Ph.D Kellogg Business School (USA), HEC Paris Emeritus Professor, is a research fellow at INSEEC Luxury (France). Worldly reputed expert on brand management, he has published many reference books – The Luxury Strategy (with his co-author V.Bastien, former CEO of L.Vuitton), How luxury Brands Grow Yet Remain Rare, The New Strategic Brand Management – and recently co-authored Advances in Luxury Brand Management. He holds executive seminars in Europe, the U.S.A., China, Japan, Korea and is a frequent contributor to LBI Luxury Business Institute (Seoul, Shanghai).…

Dr Mike Cooray is a Professor of Practice at Ashridge Executive Education at Hult International Business School. Mike is an Academic Director and contributes to Executive and Masters programmes in London, Dubai and Shanghai. Mike has previously worked with Carlsberg, Mercedes-Benz and Siemens. Dr Rikke Duus is senior faculty at University College London, School of Management, and visiting faculty at ETH Zurich. Her research is in digital transformation, connected cities and wearable technology. She frequently presents at international conferences and events and is widely published in leading global media outlets. Lasse Bundgaard is an Industrial PhD candidate hosted by Copenhagen Solutions Lab and Copenhagen Business School. Previously he was employed with the City of Copenhagen. Lasse now explores the role of innovation in organisations.…

Both residents and shareholders enjoy the right returns when real estate companies collaborate and innovate for environmental solutions, according to a research project done by the Center for Sustainable Business at ESMT Berlin in collaboration with the real estate company ZIEGERT. Did you know that buildings are responsible for 20 percent of CO2 emissions and 40 percent of energy use? According to a 2016 report by the World Economic Forum, emissions, which are caused by buildings and new construction, are expected to grow. In order to achieve the average two degrees Celsius limit for global warming, however, building emissions must be reduced by nearly 40 percent by the year 2030. Because of increasing demand for new homes, the situation is dire. The Oxford Economics’ Global Cities 2030 report shows that…

Sovcombank is one of the largest in terms of assets and most profitable banking groups in the Russian Federation. The Group identifies market niches with limited competition and focuses on achieving and maintaining strong competitive advantages in these niches. The Group believes that a disciplined execution of this strategy enables it to maintain high profitability and excess capital through the economic cycles and to take advantage of market opportunities as they occur. From 2014 to 2017, Sovcombank had average ROE of 50% and was the most profitable banking group among top-50 largest Russian banks for this period based on published IFRS accounts.…

CEOs need to transform businesses – an imperative which is increasingly relevant in the Fourth Industrial Revolution. Apparently, as the supply chain stretches across the entire business operation, the flow and transformation of materials and parts into goods and value to customers brings CEOs to the test. How then can CEOs lead change in times of disruption and uncertainty brought about by rapid technological advancement? The supply chain is the backbone of the economy and the lifeline of any business. Recently, several chief executive officers (CEOs) from larger players like John Deere, Tyson Foods, and General Mills stated that their financial performance was hurt by the inefficiency of supply chains. The chain has to deliver the value promised to customers and society – visibility is therefore a king. According to…

1. Carrigan, M., Moraes, C. and M. McEachern. (2013). “From conspicuous to considered fashion: a harm-chain approach to the responsibilities of luxury-fashion businesses”, Journal of Marketing Management, Vol. 29 Nos 11/12, 1277-1307. 2. Cervellon, M.C., Carey, L. and T. Harms. (2012). “Something old, something used: determinants of women’s purchase of vintage fashion vs second-hand fashion”, International Journal of Retail and Distribution Management, Vol. 40 No. 12, 956-974. 3. Char, P. (2018). “Luxury watchmaker Audemars Piguet embraces second hand market”. Reuters, January 19. 4. Gomelsky, V. ( 2018). “Watchbrands confront a risky business, the second hand market”. New York Times, January 15. 5. Kapferer, J-N. and A. Michaut. (2018). “Are millennials really sensitive to sustainable development when they buy luxuries?”, Research paper presented at the LVMH-SDU Luxury Symposium, June. 6. Roux,…

1. United Nations (2018) Department of Economic and Social Affairs. Online: https://www.un.org/development/desa/en/news/population/2018-revision-of-world-urbanization-prospects.html 2. The Economist Intelligence Unit. (2016). Empowering Cities.Online:http://empoweringcities.eiu.com/wp - content / uploads /sites / 26/2016/09/Empowering - Cities.pdf 3. Ward, A. (2016). Centrica freezes power bills for British Gas customers. The Financial Times. Online: https://www.ft.com/content/4f656320-b7c3-11e6-961e-a1acd97f622d 4. Berrone, P., Ricart, J.E. and Carrasco, C. (2016). The Open Kimono: Toward A General Framework for Open Data Initiatives in Cities. California Management Review, 59(1), 39-70. 5. Gartner. (2018). Use AI to Make Cities Smarter. Online: https://www.gartner.com/smarterwithgartner/use-ai-to-make-cities-smarter / 6. Woollacott, E. (2017) Seven successful government apps from around the world. The Guardian. Online: https://www.theguardian.com/public-leaders-network/2017/jan/23/seven - successful -government - digital - service - apps - technology 7. Pereira, G.V., Macadar, M.A., Luciano, E.M. and Testa, M.G. (2016). Delivering public value through open government data…

Christoph Burger is Senior Lecturer and Senior Associate Dean Executive Education at the ESMT Berlin. His research focus is in the energy sector/ innovation/ blockchain and decision making/ negotiation. He is co-author of the dena/ ESMT study on “blockchain in the energy transition”, the “ESMT Innovation Index – Electricity Supply Industry” and the book “The Decentralised Energy Revolution – Business Strategies for a New Paradigm”. Before joining ESMT Berlin, Jens Weinmann was project manager of the Market Model Electric Mobility, a research project financed by the German environmental ministry (BMU). From 2007 to 2009, he worked as Manager at the economic consultancy ESMT Competition Analysis. He has taught master classes at the HTW Berlin, and was guest lecturer at Cambridge University and European Business School, London. Antony Froggatt joined Chatham…

With the integration of technology into the modern economy and the changing dynamics of the marketplace, individuals and organisations in every industry are exploring ways to adapt by having new skills and new ways of thinking under their belts. One of the options for business professionals and companies seeking to thrive and stay at the top of their game is to pursue an executive education. However, executives and business owners often find it hard to choose the right programme due to the proliferation of course providers either online or offline, as well as the financial costs and a great deal of commitment of time and energy involved. In response, we present to you our special series on the TOP EXECUTIVE EDUCATION PROGRAMMES WITH THE BEST RETURN ON INVESTMENT, which aim…

Sergey Khotimskiy is the First Deputy Chairman and co-owner of Sovcombank PJSC. He was born in 1978 in Moscow. In 1999, he graduated from the International University in Moscow (IUM), majoring in law. Sergey Khotimskiy entered banking in 2001, when he and his partners acquired Buikombank, one of the smallest banks based in Bui, Kostroma Oblast, which later was renamed Sovcombank. Currently, Sergey Khotimskiy and his brother Dmitry own over 30% of the Bank's shares, and he himself directly participates in the operations management of the credit institution.…