Making Management Great Again

Management, as taught at business schools, is on the way to irrelevance. Today it no longer solves problems. It creates them. So-called "best practices" of management have caused a multitude of problems that only became apparent with a delay of decades, but now they are making themselves felt with force. They fall short in dynamic market environments. They stifle innovation with bureaucracy and rigid processes.

Digitalization or Transformation?

There is a world of difference between increasing efficiency in existing business and developing the company for future business. And yet these approaches are mixed up in the discussions surrounding digitalization and digital transformation. As a result, ideas and expectations diverge accordingly. And there is correspondingly great uncertainty about the extent and significance for one's own company. This article provides a very pragmatic distinction between digitalization and digital transformation and uses examples to show how implementation can be successful.

Growing Innovation

Open business ecosystems are not limited in their possibilities. Flexibility and speed in cross-company collaboration is what distinguishes them from other business setups, making it simple to quickly grow promising innovations to profitable size. In practice, corporations struggle in participating in those ecosystems and setting up joint business operations. Their management and governance practices are not build to adapt to the required speed and flexibility.

Embracing Uncertainty

European industry is under threat from massively growing uncertainty.…

Corporate Incubators: The Good, The Bad and The Ugly

Innovate! Innovate! Innovate! This mantra of Silicon Valley is…