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Innovation pathways for luxury brands – evolution or reinvention?

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Product extensions, store network expansion, entering growth markets – especially China and digital commerce – have been the drivers of the last years. Business cycles? There were some downturns…

Migration, sustainable development, and the role of business

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Over the past decades, business has begun reacting to growing societal pressures by broadening its focus from profit maximization alone to the “triple bottom line” of people, planet and profit. In…

Tolerating failure: A key to creating sustainable business

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The idea of creating sustainable business is not new to business executives. They all should be creating shared value (Kramer and Porter 2011),1 which in simpler terms means making money and doing…

What’s next after corona?

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Investors are worried about the loss of revenue that companies will face and whether their cash reserves will be sufficient to survive the crisis. A look at the analyst conferences of the German…

Teaching sustainability to tomorrow’s leaders

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The clamor for business schools to educate their graduates not only as managers but also as responsible leaders is increasing in volume. There is a cry for academics and executives to change mindsets…

Achilles’ digital heel

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For months now, electronic mailboxes have been fuller than usual: the EU General Data Protection Regulation (GDPR) has taken effect and forced companies to demand consent from all their customers and…

Averting digital auto safety hazards

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The car of the future will collect a wide range of data. Ownership and usage of those data must be clarified, and legal and technical characteristics have to be established in order to ensure data…

Resilience is a prerequisite for agility

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On the basis of the Digital Single Market Strategy adopted in 2015, Europe has taken a number of measures to enhance the digital single market, facilitate the supply of and access to digital services…

5 lessons for leaders surviving a cyberattack

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The 2020 attack on US government agencies and companies via SolarWinds’ manipulated network software, a so-called supply chain attack, shows the increasing depth and breadth of our vulnerability to…

Corona crisis lessons for leaders in the digital economy

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Many small and mid-sized German companies, for instance—previously sluggish and unconvinced of digital progress—were forced to digitalize. Those that had already invested in digital gained a…