IMD business school for management and leadership courses

This paper reframes the concept of bricolage by returning to its foundational roots in Claude Lévi-Strauss’s seminal 1962 work, The Savage Mind. By conducting a systematic review of entrepreneurial bricolage, which represents more than two thirds of management research on bricolage, alongside a close reading of Lévi-Strauss, we uncover three cor…

Based on 41 interviews across three UK-based commons enterprises, this study addresses one of the most pressing challenges of our time: encouraging local actors to contribute to the sustainable governance of supra-local common-pool resources (CPRs)—shared resources whose use and impacts extend beyond community boundaries. While existing research…

We show that a one-sided price-adjustment rule, with free price cuts but a fixed daily reset for price increases, raises the reset price even under risk neutrality, mean-zero wholesale cost shocks, and perfect consumer information. The mechanism is option-theoretic: a higher reset price preserves pass-through in adverse cost states, while favora…

The “tragedy of the horizon” captures the gap between long-horizon climate damages and the shorter horizons of corporate decision-making. We provide a contracting account of this idea using a deliberately standard CARA-normal moral-hazard model. Under full commitment, the optimal linear contract can condition on long-horizon outcomes; horizon mi…

Ever since scholars recognized that family firms are heterogeneous, many studies have attempted to compare different types of family firms without ensuring that the source of heterogeneity is unique to family firms. When the source of heterogeneity among family firms resembles the source of heterogeneity among nonfamily firms, the problem of cou…

Most research on social entrepreneurship highlights the positive effect of compassion on creating wealth for beneficiaries. However, while compassion drives social entrepreneurs to take prosocial actions that benefit others, the actions it motivates can also be destructive due to the complex, interdependent nature of social issues. This paper ex…

NBA research shows how personal rivalry can lift individual scoring while hurting team results, and what leaders can change in incentives and workload.

Three essential moves for CFOs in the AI era: build an integrated intelligent finance system, redefine productivity, and govern autonomous workflows.

Learn why organizations need a leadership development strategy that identifies high-potential talent earlier and supports leaders through transition.

Your best leadership case study is you: explore how past experiences shape your leadership, master emotional triggers, and lead with resilience.

Bossard CEO Daniel Bossard explains how a focus on customer value, trust, and strategic partnership created lasting competitive advantage.

Facing change? Identify blockers, embrace discomfort, and build lasting habits through tiny, powerful steps that stick.

Apply the precision and focus of elite archery to transform your leadership effectiveness. The Archer’s Edge: Ancient Wisdom and Modern Practice for Business Leaders unites an Olympic gold medallist and worldwide recognised archery coach with a renowned leadership expert. Together, Juan-Carlos Holgado and Michael Watkins translate the discipline…

Prepare your luxury brand for the sustainability transformation ahead. In Purposeful Luxury: The Strategic Playbook for Sustainability in Luxury Industries, Stephane Girod delivers a strategic roadmap for luxury executives facing an existential challenge. By 2040-2045, luxury businesses may struggle to grow – or even survive – as policy prioriti…

Build a future-ready workforce that delivers business impact today and long-term resilience tomorrow. Future-Ready Talent by Tania Lennon and Ric Roi is a strategic guide for senior HR leaders, executives and business partners who must align talent pipelines with shifting organizational priorities. Written by experts from the world-renowned IMD …

Economies with strong institutions lead the 2026 IMD World Competitiveness Ranking. Competitiveness in 2026 is no longer primarily a contest of cost, scale, or even of innovation, but increasingly depends on institutional credibility, adaptability, and resilience. The more fragmented the world becomes, the more valuable are predictable rules, en…

Economies with strong institutions lead the 2026 IMD World Competitiveness Ranking. Competitiveness in 2026 is no longer primarily a contest of cost, scale, or even of innovation, but increasingly depends on institutional credibility, adaptability, and resilience. The more fragmented the world becomes, the more valuable are predictable rules, en…

Every executive eventually hits a moment of truth. A new project, a bold expansion, a promising acquisition, and suddenly the hard questions are right in front of you: Will this venture be profitable? Will it generate cash flow? How much capital will it demand? And ultimately, will it create value for shareholders or destroy it? If you can answe…