Stéphane Garelli—a world authority on competitiveness—has pioneered research in this field for 25 years. He is a professor at IMD (Institute of Management Development) Lausanne, where he heads the World Competitiveness Centre, and he is also professor at the University of Lausanne. Read More >
The New Normal
A new world competitiveness landscape implies new attitudes and new approaches to managing people. Crises are periods that reveal strength of character. It is not only being good at "what you do" that counts, but also being good at "what you are." Winners will need to deal with more uncertainty and a higher sense of discomfort. They should nurture a healthy sense of ambition for their organization and themselves. In this keynote, Stéphane Garelli discusses how resilience and the ability to quickly reinvent oneself are key objectives for success.
Although economic recovery is quite brisk in emerging economies such as China and India, most advanced economies are experiencing a less buoyant turn-of-fate. The expected U shape recession did not turn out exactly as expected since the economy is exiting from the crisis at a lower level of activity than it went in (hence an inverse J recession). The years 2001-2008 were exceptional in terms of growth, with a formidable expansion in exports. It is highly probable—and worrying—that some excess capacities may have been created during these years of exuberance. As 2012 progresses, the world economy will be highly desynchronized. Some nations will remain on the verge of recession, other will be overheating, some shall confront deflation, others inflation. In this keynote, Stéphane Garelli discusses how companies will have to implement a very flexible and adaptive business model in such an environment.
In this keynote, Stéphane Garelli discusses how the most significant challenges that are imposed today on companies stem from new priorities in society. Sustainable development, ethical behaviors, corporate governance, or aging and wellness are affecting traditional business models but also offering new business opportunities. For example, social networks induce companies to be more transparent and responsive to consumer demands. They also open the way to new marketing techniques or hiring possibilities.
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