Recently I took part in a quite interesting discussion concerning innovation. The discussion focused on the generation of innovative ideas by using collaboration tools and web 2.0 / social media approaches. There were a number of interesting aspects, i.e. which stakeholder segment would generate the best ideas for an organization. The answer to this particular [...]

This post has the objective to analyze and to discuss one selected problem and barrier related to the strategic planning process; those problems and barriers for a sound strategic planning process have been indentified in both the academic and the business literature. In the last two decades a large number of articles and books related [...]

Basically it is a little bit to earlier for an annual review, isn’t it? The idea to name this post review considered the fact that my last post is dated April 8th 2010. What happened? The last months have been full with changes and challenging projects in my professional life, most of them quite time [...]

For the purpose of my PhD-thesis in the field of banking I have to make a lot of literature review and analysis of existing studies. Thanks to universities, teachers, research and consulting companies a pure vast of excellent information is available. In the last 3 and half years I really got used to it. However, [...]

A couple of months ago I presented a fictitious interview with the former investment bank regarding its approach to manage liquidity risks. Everything seemed to be fine…but as we know from hindsight the annual report didn’t tell us the truth (otherwise the bank would not have fall into bankruptcy). Lehman Brother was collapsed under a [...]

The establishment of a single market for services and goods – including banking – has for several decades been one of Europe’s core policy objectives. The way towards these objectives is termed integration process. The benefit of integration is to offer new business opportunities in Europe for the banks through more competition and the option [...]

trendwatching.com, a leading trend firm, has just released its ’10 Consumer Trends for 2010′. According to this trend report next year will bring a bonanza of opportunities, as even cautious consumers crave pragmatic or exciting innovations.Its argues that we will see a scene from ‘urban pride’ to ‘forced sustainability’. The summary: BUSINESS AS UNUSUAL | [...]

Tuck professors Vijay Govindarajan and Richard D’Aveni have once again been named to the Thinkers 50, the 4th biennial ranking of the world’s most influential living management thinkers. Tuck professor Sydney Finkelstein is also named as a management thinker to watch. Created and compiled by Stuart Crainer and Des Dearlove of CrainerDearlove*, Thinkers 50 has [...]

Keeping track of all tasks and projects can be difficult sometimes. However, this is an essential part of manager’s roles. That led us to the question, whether there are any small pieces of software which might help managers to keep track of all their duties. Well, in most cases you might use MS Outlook (or [...]

A provider of on-demand sales tools and related services has published an interesting paper on cost cutting. Its title is quite promising: “Simple Savvy Savings – 9 ideas to make anyone a Cost-Cutting Hero”. The underlying idea behind this paper is the current financial crisis and the resulting consequences, i.e. in terms of cost cutting: [...]