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Die vier Gesichter des Chefstrategen

In immer mehr Unternehmen gibt es einen Chief Strategy Officer. Die erste systematische Studie für den deutschsprachigen Raum zeigt, auf welche Kompetenzen es in diesem Job ankommt und wie Unternehmen die Rolle definieren.

Institution partenaire

Université de Genève

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Deutsch / 01/01/2011

The Role of Chief Strategy Officers 2011

This study report summarizes the results of the first systematic survey of chief strategy officers (CSOs) in Austria, Germany, and Switzerland, a research project jointly conducted by the University of St. Gallen and Roland Berger Strategy Consultants. The study aims at deepening our understanding of the CSO's roles, background, working relationships, strategic decision-making,…

Institution partenaire

Université de Genève

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English / 01/01/2011

The WACC Fallacy: The Real Effects of Using a Unique Discount Rate

We provide evidence that firms fail to properly adjust for risk in their valuation of investment projects, and that this behavior leads to value-destroying investment decisions. If managers tend to use a single discount rate within firms, we expect conglomerates to underinvest in relatively safe divisions, and to overinvest in risky ones. We measure division relative risk as the…

Institution partenaire

Université de Genève

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English / 01/01/2011

Specialized organizations and ambidextrous clusters in the open innovation paradigm

By comparing Lucent Technologies and Cisco Systems over twenty years, one illustrates that a firm that outsources exploration through an Acquisition and Development (A&D) strategy of start-ups and exploitation specialization can be more innovative and competitive than an ambidextrous organization. The success of an A&D strategy depends on the embeddedness of the firm in the…

Institution partenaire

Université de Genève

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English / 01/01/2011

A primer on weather derivatives

Institution partenaire

Université de Genève

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English / 01/01/2010

Les fusions-acquisitions et l'analyse économique du droit: approche comparée France-Etats-Unis

D'un point de vue économique, la common law est plus efficace que le droit civil ». Ce message qui transparaît à la lecture des rapports économiques Doing Business de la Banque Mondiale est-il valide s'agissant des fusions-acquisitions ? L'objectif principal de la recherche présentée dans ces colonnes est de mener une analyse économique du droit des opérations de…

Institution partenaire

Université de Genève

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Français / 01/01/2010

Dining in the dark: the importance of visual cues for food consumption and satiety

How important are visual cues for determining satiation? To find out, 64 participants were served lunch in a “dark” restaurant where they ate in complete darkness. Half the participants unknowingly received considerably larger “super-size” portions which subsequently led them to eat 36% more food. Despite this difference, participants’ appetite for dessert and their subjective…

Institution partenaire

Université de Genève

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English / 01/01/2010

Can there ever be too many options? A meta‐analytic review of choice overload

The choice overload hypothesis states that an increase in the number of options to choose from may lead to adverse consequences such as a decrease in the motivation to choose or the satisfaction with the finally chosen option. A number of studies found strong instances of choice overload in the lab and in the field, but others found no such effects or found that more choices may…

Institution partenaire

Université de Genève

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English / 01/01/2010

The Future for Business in Switzerland? How to Stay Ahead

The financial and economical crisis of the last three years has brought many new challenges for the Swiss economy. However, every crisis presents opportunities. A new report by Deloitte and the Institute of Management of the University of St. Gallen shows how Swiss business rate these opportunities and which actions are required by the government and companies if Switzerland wants to…

Institution partenaire

Université de Genève

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English / 01/01/2010

Wirtschaftsstandort Schweiz: Was bringt die Zukunft? Strategien für eine wettbewerbsfähige Zukunft

Die weltweite Finanz- und Wirtschaftskrise hat die Schweiz vor grosse Herausforderungen gestellt. Doch mit jeder Krise ergeben sich auch neue Chancen. Eine Studie, die das Wirtschaftsprüfungs- und Beratungsunternehmen Deloitte in Zusammenarbeit mit dem Institut für Betriebswirtschaft der Universität St. Gallen heraus gegeben hat, zeigt auf, welche Massnahmen die hiesige Wirtschaft…

Institution partenaire

Université de Genève

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Deutsch / 01/01/2010

Are Securitized Real Estate Returns more Predictable than Stock Returns?

This paper examines whether the predictability of securitized real estate returns differs from that of stock returns. It also provides a cross-country comparison of securitized real estate return predictability. In contrast to most of the literature on this issue, the analysis is not based on a multifactor asset pricing framework as such analyses may bias the results.We use a time…

Institution partenaire

Université de Genève

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English / 01/01/2010

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