Innholdsfortegnelse for March/April 2020 i The European Business Review

The rapid outbreak of the coronavirus presents an unprecedented crisis that the world is grappling with. It is causing tragedy to hundreds of thousands of people and family. It is also creating severe disruptions to businesses and the global economy. In The European Business Review, we always know that the future holds daunting challenges for the human race, and being prepared with a futuristic insight is the key to overcome the current and future crisis. In the front cover of this issue, Ulrich Betz, VP Innovation of Merck, shares with us how Merck has, back in 2018, already predicted the crucial need for “Pandemic Preparedness” - the search for new science and technologies to fight the threat of newly emerging viral diseases with pandemic potential. Furthermore, he discusses the ambitious…

We live in turbulent times, and business leaders need to draw on a range of different skills as they plan their strategies, look for innovation, strive for sustainability and cope with digitalisation. Against this background, business educators are working hard to arm executives with the training they need in order to deal robustly with the issues. Warwick Business School (WBS) has an impressive suite of executive diplomas that aim to do just that. Director of Executive Education Tim Wray fills us in. Q Hello, Tim! Thank you for taking the time from your busy schedule to talk to us. Could we begin with a few words about your work day? What does a normal day look like for you? A It may be somewhat clichéd to say it, but no…

- Brands based on trust, leading to loyalty of core employees and customers, and value promised vs. created and delivered - Talents, access and ongoing lifelong development. AI and CR savvy - Technology, access and ability to use and leverage it (AI, CR, CE) - Readiness and agility for transformation, change adaptation - Future exploration, future design and TrAction i.e. concurrent development of corporate direction and action33 - Partnership of enhanced humans with cyber-entities. Collaborative intelligence leading to incredible increase of quality and efficiency - Care of resources, environment, products and, last but not least, key stakeholders - Smart CR platform allowing global access to talents and markets; enhancing agility and resilience…

The next wave of innovation will see products and services combining technology from across the digital, physical and biological worlds. Intersections between these worlds are opening up new sources of sustainable value, providing a foundation for such technology. 2019 has been the year that the tech Unicorn lost its wings. What was supposed to be a coming out party in which a bumper crop IPO’d has turned into an annus horribilis. The 25 that listed have seen their combined market value decline by 17% (as of the time of writing). Name brands like Uber, Pinterest, Lyft, Slack and Peloton hvave seen falls ranging from 6% to 47%. But there are exceptions. Beyond Meat has seen a 231% rise. 10x Genomics 76%. What distinguishes these two groups? While the former focused…

Dr Mike Cooray is a Professor of Practice at Ashridge Executive Education at Hult International Business School. Prior to joining academia he was employed with Carlsberg, Mercedes-Benz and Siemens, working across South East Asia, Europe and the UK. Mike designs and delivers Executive and Masters programmes in the areas of digital transformation, organisational strategy and consumer behaviour. Dr Rikke Duus is senior faculty at University College London, School of Management, and visiting faculty at ETH Zurich. Rikke’s area of expertise is in digital transformation, dynamic organisations and human-tech relationships. She frequently presents at international conferences and events and is widely published in leading global media outlets.…

Time will tell whether history will record the Zeitgeist of our times as one of isolationism or internationalism. But one thing is certain: in today’s world, business leaders need to be comfortable collaborating across borders and cultures. Here, Professor Hervé Remaud, director of KEDGE Global Executive MBA of the KEDGE Business School outlines how the truly global ambiance of the school and its international partnerships makes an ideal training ground for executives. Q Good day, Professor Hervé Remaud! We are delighted to speak with you today. First, we would like to congratulate KEDGE Business School and the KEDGE Global Executive MBA on being globally recognised as one of the best business schools and top executive MBA programmes. How do you feel about these recognitions? A I would be lying if…

Christoph Burger is a senior lecturer at ESMT Berlin. Before joining in 2003, he worked five years in industry at Otto Versand and as vice president at the Bertelsmann Buch AG, five years at consulting practice Arthur D. Little, and five years as independent consultant focusing on private equity financing of SMEs. His research focus is in innovation/blockchain and energy markets. He is co-author of the dena/ESMT studies Vulnerabilities in Smart Meter Infrastructure, Blockchain in the Energy Transition, and the ESMT Innovation Index – Electricity Supply Industry as well as the book The Decentralized Energy Revolution – Business Strategies for a New Paradigm. Antony Froggatt has studied energy and environmental policy at the University of Westminster and the Science Policy Research Unit at Sussex University. He is currently an independent…

Eelco Broersma is the CEO of Eurodrug Laboratories since August 2017. Prior to that he was CFO while simultaneously overseeing the Supply Chain and Human Resources departments for 9 years. Before joining Eurodrug, Mr. Broersma was CFO of Docs International (now Docs Global), an Executive Search company for the Healthcare industries, driving the European expansion. Before this he worked as a consultant for Akzo Nobel and as an auditor in the life sciences industry. He holds a degree in Business Economics from the University of Amsterdam.…

The aim of collateral development is to educate a few selected, talented individuals within the organisation and enable them to spread what they have learned across the organisation. Since talent development is the most important element of education, let’s look at executive talent development. It begins with focus on individualised talent development for talented executives and those with high potential. After an in-depth talent exploration, they need to complete an executive challenge, with collateral development of the competences and talents of the project team. At the core of collateral talent development is the talent development project, which deals with a key issue selected for each participant in the talent development. This is the beginning of a talent development journey called the “talent challenge”. During their engagement in the talent development…

Gregory Gimpel is a clinical assistant professor of computer information systems at Georgia State University. Prior to GSU, he conducted digital strategy research at the Massachusetts Institute of Technology and he designed Ball State University’s business analytics major. His research focuses on the intersection of emerging technologies, analytics, and digital business transformation. He holds a Ph.D. from Copenhagen Business School and an MBA from University of Southern California. He worked in senior management positions for a decade before entering the academic world. Allan Alter is a Digital Fellow at the MIT Initiative on the Digital Economy. He is a former senior principal at Accenture Research and Fellow in Artificial Intelligence and Machine Learning at the World Economic Forum’s Centre for the Fourth Industrial Revolution in San Francisco. His research focuses…

Boris Liedtke is a Distinguished Executive Fellow at INSEAD Emerging Markets Institute and has over twenty years experience in the financial sector. He was the CEO of international banks around the world and has served on the boards of directors for companies throughout Asia, the US and Europe. David Young is Professor of Accounting & Control at INSEAD. He is the author or co-author of several books, and has also published in a wide variety of academic and professional journals. He has consulted extensively for companies in Europe, the U.S. and Asia, mainly on value-based management and financial analysis.…

Jacob Morgan is one of the world's leading authorities on leadership, employee experience, and the future of work. He is a 4x best-selling author, speaker, and professionally trained futurist. He is also the founder of The Future of Work University, an online education and training platform that helps future proof individuals and organizations by teaching them the skills they need to succeed in the future of work. His new book, The Future Leader, which is based on interviews with over 140 CEOs around the world is coming out Jan 2020, you can learn more or order it at getfutureleaderbook.com…

Ulrich A.K. Betz, Vice President of Innovation Merck, is responsible for innovation management and strategic academic collaborations at Merck. He is an accomplished R&D manager with >20 years of experience in the pharmaceutical and chemical industry, including positions in the President's Office Merck Biopharma and positions reporting directly to the Heads of Research and Development at Bayer and Merck. In his current role for example he designed and implemented the Merck Innovation Cup, the Curious-Future Insight Conference, the Merck Future Insight Prize, the Darmstadt Science Declaration, the idea competition innospire and the BioMed X Outcubator. Prior to joining Merck in 2005, he worked 7 years for Bayer AG in various scientific and managerial positions in Pharma Research. Ulrich received his PhD in functional genomics and immunology from the University of…

Professor Hervé Remaud is the director of KEDGE Global Executive MBA and a Senior Professor of Marketing at KEDGE Business School. Following 5 years spent at the Ehrenberg-Bass Institute of the University of South Australia, he took over the direction of KEDGE Wine and Spirits MBA in 2010. Herve obtained his Doctorate of Philosophy (PhD) in Agricultural Economics and Management from Ecole Nationale Supérieure Agronomique de Montpellier. He is the author of some 50 articles that are published in academic, professional journals and conferences. His area of research focuses more specifically on agrifood and wine marketing, brand perception and brand performance measure.…

Created in 2016,the Luxembourg Centre for Logistics and Supply Chain Management (LCL) is part of the University of Luxembourg and a member of the Massachusetts Institute of Technology Supply Chain And Logistics Excellence (MIT SCALE) Network. The LCL conducts competitive research, trains doctoral candidates, offers a Master’s in Logistics and Supply Chain Management and delivers a range of knowledge-transfer activities for Luxembourg authorities and companies globally. Please visit lcl.uni.lu for more information on the centre and our educational, research and outreach activities.…

Mario Raich is a Swiss futurist, book author and global management consultant. He was a Senior Executive in several global financial organisations, and Invited Professor to some leading business schools like ESADE (Barcelona). He is the co-founder and Chairman of e-Merit Academy (www.emeritacademy.com), and Managing Director for the Innovation Services at Frei+Raich Ltd. in Zurich. In addition he is a member of the advisory board of the Global Future of Work Foundation in Barcelona. Currently he is researching the impact of Cyber-Reality and Artificial Intelligence on society, education, business and work. Simon L. Dolan is currently the president of the Global Future of Work Foundation (www.globalfutureofwork.com). He used to be the Future of Work Chair at ESADE Business School in Barcelona, and before that he taught for many years at…

Ina M. Sebastian, PhD, is a research scientist at MIT CISR. Ina studies how large enterprises transform for success in the digital economy. Her current research areas are digital partnering, and value creation and value capture in digital models. In previous research projects at MIT CISR, Ina focused on ecosystem business models, digital strategies and organizational redesign, and digital workplace and talent. One of her ongoing research interests is leveraging digital technologies for coordination in health care systems, within and across organizational boundaries. Peter Weill, PhD, is an MIT senior research scientist and chair of the Center for Information Systems Research (CISR) at the MIT Sloan School of Management, which studies and works with companies on how to transform for success in the digital era. MIT CISR has approximately 100…