Corporate Social Responsability (CSR): What Does it Mean?
Corporate social responsibility refers to the commitments a company makes to create a positive impact on people, the planet, and society. CSR is a self-regulating business model, meaning businesses are responsible for implementing and overseeing their own CSR. There isn’t an external regulatory body that mandates CSR.
The 6 most common leadership styles & how to find yours
2. Delegative Leadership. Often referred to as “laissez-faire,” a delegative leadership style focuses on delegating initiative to team members. This is generally known as one of the least intrusive forms of leadership; this translates to “let them do.”. This is therefore considered a very hand-off leadership style.
What is DEI? Learn about Diversity, Equity and Inclusion
Diversity, equity, and inclusion (DEI) are values that help create fairer, more accessible workplaces for all. By acting on DEI values, organizations can support individuals of different ethnicities, religions, abilities, races, sexual orientations, gender, political perspectives, and backgrounds. The result?
Innovation in business: Importance, benefits, & examples
A few benefits of innovation for both old and new business models include: Gain a competitive advantage. Innovation can help you develop unique products and services that set you apart from competitors. Over 80% of digitally mature companies cite innovation as one of their core strengths. Meet customer demands.
World Competitiveness Ranking - IMD Business School
Singapore is the most competitive economy out of 67 across the world’s eight major regions. This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and GDP on both ends of the scale. Switzerland was second and Denmark third, while Nigeria, Ghana, and Puerto Rico made their débuts.
What is strategic planning & why is it important? - IMD Business …
Strategic planning gives your organization a competitive advantage since it involves thoroughly analyzing your internal strengths and weaknesses. It also considers new opportunities and external threats, helping you identify unique capabilities and areas where the organization can outperform competitors. Moreover, you can anticipate market ...
What Is Disruptive Innovation? 10 real-world examples - IMD …
10 real-world examples of disruptive innovation. Here are ten examples of disruptive innovation that allowed businesses to adapt, innovate, and thrive in a rapidly changing marketplace. 1. Smartphones. Smartphones revolutionized communication by transforming how we connect, forcing traditional phone manufacturers and telecom companies to adapt.
IMD Business School for Management and Leadership Courses
Choose from 80+ Executive programs, both on campus and online led by an expert and diverse faculty. Fully customized programs, reflecting the unique opportunities and challenges of your organization. Founded by business executives for business executives, we are an independent academic institute with Swiss roots and global reach. Click for sound.
Risk Management: understanding the basics and importance
Finance. In the financial sector, risk management is crucial for banks, insurance companies, and investment firms. These institutions face a wide range of risks, including credit risk, market risk, operational risk, and liquidity risk. Effective risk management practices in the financial industry help ensure stability and prevent financial crises.
SWOT analysis: how to do it + 4 examples - IMD Business School
It helps dissect your organization’s present and future outlook. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. These are the lenses through which we examine internal factors (the things we’re good at and not-so-good at, under our control) and external factors (circumstances we can’t control).