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Tolerating failure: A key to creating sustainable business
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…
Managing customer satisfaction better
Ansgar Lindner,1 Chief Marketing Officer of a trading concern operating internationally, was at a loss to understand his predicament. His team seemed to be doing everything right. It regularly asked…
Migration, sustainable development, and the role of business
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…
Teaching sustainability to tomorrow’s leaders
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…
The EU directive on network and information security: requirements for digital services
The Directive on security of network and information systems (NIS Directive) is the first EU-level effort to enhance cybersecurity measures. What are these requirements? Are they enough for ensuring…
Space Shack: expansive and affordable co-working space opens in Berlin-Schöneberg
It offers a great variety of different types of working areas, starting at a discount from 116 EUR per month until the end of March. Co-founders and management team of the new company are Daria…
ESMT Berlin hosts MBA World Summit 2017
Out of 3,000 applications, 100 exceptional MBA students were selected to attend the four-day conference. The attendees will co-create an agenda focusing on three pillars: nurturing a collaborative…
ESMT Berlin study examines cost traps in business models 4.0
The results show that cost overruns that pose difficulties in terms of target definition, marketing, and implementing business models 4.0 can be traced back to the following nine factors: 1)…
ESMT Berlin welcomes 65 students with 32 different nationalities to Full-time MBA Class of 2017
ESMT has awarded four Kofi Annan Fellowships in this intake to students coming from Armenia, Cameroon, Pakistan, and Zimbabwe. In the context of its 125th anniversary, Allianz SE provided funding for…
