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Jan 22, 2025 | 
imd.org | Patrick Reinmoeller
 The automotive industry is undergoing big shifts, and two of Japan’s automotive stalwarts, Honda and Nissan, have announced plans to merge by 2026.
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Dec 2, 2024 | 
imd.org | Patrick Reinmoeller
For most of the Edo period, which lasted from 1603 to 1868, Japan followed a policy known as ‚ÄėSakoku‚Äô, which translates as ‚Äėa country in chains‚Äô. This consisted of almost total isolation from the rest of the world and maintaining only limited trading relationships with neighboring China and with Dutch traders living on an island in Nagasaki harbor.
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Nov 20, 2024 | 
imd.org | Patrick Reinmoeller |Zhike Lei
This concerns the composition of your team. Broadly speaking, organizations mirror top management. For example, if the C-suite and board are both filled with financial minds, the organization looks only at numbers. If it’s all marketing at the top, the company will be heavily advertising-focused. Instead, you want your top talent to come from different disciplines with different skills so that, together, they can innovate more successfully and take more informed decisions.
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Nov 15, 2024 | 
imd.org | Patrick Reinmoeller
The idea that decisions should always be based on hard facts is deep-rooted in the business world – but this misunderstands the nature of intuition and how to apply it to decision-making. Rather than an ill-informed ‘hunch’, intuition is a form of unconscious intelligence; one shaped by experience in dealing with uncertain and dynamic situations. Algorithms can only infer ‘solutions’ from known events and are often ill-suited for dealing with uncertainty.
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May 31, 2024 | 
imd.org | Patrick Reinmoeller
The world is constantly getting smarter. Digitalization surrounds us and permeates our every activity and, while AI and machine learning bring us undoubted benefits, the runaway train of technology can also seem very threatening. How should we respond to it, and how can we cope with uncertainty in an increasingly uncertain world? The answer, says Gerd Gigerenzer, is to become smarter ourselves.
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May 10, 2024 | 
imd.org | Howard Yu |Jennifer Jordan |Tania Lennon |Patrick Reinmoeller
In an era of growing complexity and unpredictability, the adage âadapt or perishâ resonates stronger than ever. As markets fluctuate, technology advances, and consumer behaviors evolve, the ability of companies to not only perform but also transform becomes paramount for survival and success. Enter future-readiness â a companyâs preparedness for deep, long-term secular trends. This was a subject I discussed in a recent IMD Leading in Turbulent Times (LiTT) webinar.
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Apr 23, 2024 | 
imd.org | Tania Lennon |James Caan |Zhike Lei |Patrick Reinmoeller
In the last 10 years or so, the 4B framework has passed into strategic talent planning lore, helping CHROs everywhere identify and address their organizationâs growth and human capital needs.
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Apr 17, 2024 | 
imd.org | James Caan |Zhike Lei |Patrick Reinmoeller |Knut Haanaes
Not long ago, Bosch announced a staggering plan to invest €2bn in retraining a portion of its 400,000 employees. As Europe’s largest car parts supplier, Bosch aimed to mitigate further job losses as the automotive industry transitions from traditional combustion engines to electric vehicles. The issue extends far beyond car-making. McKinsey & Company forecasts that by 2030, one in 16 workers – totaling over 100 million across eight economies – may need to change occupations.
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Mar 6, 2024 | 
imd.org | Ginka Toegel |Simon J Evenett |Zhike Lei |Patrick Reinmoeller
With around 70% of the population projected to be under the age of 35 by 2030, Africa is the world’s youngest and fastest-growing continent. Within this context, there is a new generation of millennial and Gen Z leaders who are challenging the traditional model of authoritarian leadership. “Millennials and Gen Z are stepping into leadership roles and are willing to speak truth to power to address major issues.
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Feb 29, 2024 | 
imd.org | Zhike Lei |Patrick Reinmoeller |Andreas Kullberg |Thuy Tran
Teaming up to talk talent, IMD professors Zhike Lei and Patrick Reinmoeller share insights to optimize inputs (I), processes (P), and outcomes (O) – the IPO model – at work. Patrick Reinmoeller:I’m coming at the topic of managing team talent by looking at the top management team and what’s known as the upper echelon theory. To put it simply, we find the organization as a whole mirrors what’s seen in the top management team.
