Professor, University of Lausanne
The Dec 21st-Jan 3rd issue of The Economist has a very interesting supplement on museums (“Temples of delight”), describing some of the challenges museums currently face, including in China. Some of …
The challenges of museums Read MoreIn a forthcoming book chapter, I discuss the managerial challenges that cultural heritage organizations currently face and how perhaps they (should) address them. First, I define cultural heritage and cultural heritage …
The challenges of managing cultural heritage organizations Read MoreIn an article with N. Kavadis forthcoming in the Strategic Management Journal, we examine whether what agency theory proposes as good corporate governance and which has diffused as law and …
Does ‘good’ corporate governance prevent bad strategy? Read MoreReading E. Fivat’s dissertation proposal made me think about the appropriateness of applying agency theory to public administration. Developed for for-profit corporations in mind (Ross, 1973; Meckling & Jensen, 1976; …
Applying agency theory to public administration (government) Read MoreAt the EURAM conference the past week I attended a presentation (Alanen & Rönkkö, 2011) which discussed the role of formal and informal strategic planning in organizations. The notion of …
On (informal) planning – what is planning? Read MoreAt the May 26th HEC centennial debate on responsible management, Dr. Schwab formulated an implicit criticism to managerial incentives by asking why managers should benefit from variable compensation (bonuses) and …
Why managers often have variable compensation and not physicians – and whether variable compensation is good Read MoreIn the context of the centennary of HEC Lausanne, yesterday a distinguished panel debated on responsible management (see link below). The first question the moderator asked the panelists was: “what …
Responsible management and corporate responsibility Read MoreDefining the organizational mission is one of the fundamental or quintaessential tasks of top management. The mission defines the organization, its aims, activities and outputs, its raison d’être in a nutshell, and hence …
Defining an organizational mission and its scope: The Nestlé case Read MoreProfessors at business schools increasingly engage in discussions of business ethics and corporate social responsibility (CSR) or, more generally, responsible management. It seems to me that our first obligation would …
On responsible research Read MoreIn a conversation at last week-end’s Sumantra Ghoshal conference on managerially relevant research at LBS, Isabel Fernandez-Mateo (LBS) and I were reflecting about the meaning for us of managerially relevant …
Managerially relevant research Read More