The Official Blog for

The Executive School of the University of St.Gallen

Insights and observations on management and executive education from our directors and faculty.

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Recent Articles

Dr. Bruno Mascello

Bloss nicht bei den Rechtsausgaben sparen!

CFOs, CEOs und Verwaltungsräte haben verständlicherweise kein Interesse daran, in einen Verantwortungs- und Haftungsfall hineingezogen zu werden. Aus Angst vor Rechtsrisiken werden deshalb Rechts- und Compliance-Abteilungen bei Kostensparrunden regelmässig geschont. Dies hängt auch mit dem Umstand zusammen, dass sich hier der Aufwand nicht lohnt: Rechtskosten machen – gemessen an den gesamten Produktionskosten – regelmässig einen nur vernachlässigbaren Anteil aus (oft […]

Dr. Simon Stöpfgeshoff

Exploring the Tailor’s Space – the Custom Team’s structured approach to customization

Once a decision has been taken to invest in executive education programs, the “real work” begins – previously vaguely defined objectives need to be transformed into specific needs and requirements which enable the design and delivery of a learning initiative. The design in turn then depends heavily of the nature of the program and its objectives. Often though, it turns […]

Dr. Simon Stöpfgeshoff

Erhöhung des Impact durch den 3-Ebenenansatz in Custom Programmen des Executive Education Learning

Im Bereich der Top Executive Education wird der Ruf nach direkterem, messbarem Impact immer lauter. Mannigfaltige Themen müssen Führungskräfte heute kennen, können und in die Umsetzung bringen  bzw. begleiten. Dabei stehen Antworten auf konkrete Fragestellungen im Vordergrund. Eine dieser Fragen lautet beispielsweise: Welchen Stellenwert nimmt „Ambidextrie“ bei uns ein, wie also  organisieren wir parallel die Optimierung von Bestehendem bei gleichzeitiger […]

Prof. Winfried Ruigrok

Uber liability

The German court decision to ban Uber will sustain the current structure of the German taxi market, and this is bad for German customers and innovation.  But Uber should not have been surprised.

Unlike in the Anglo-American (common law) system based on ex ante freedom of citizens and organisations, the German (civil law) system requires lots of (ex ante) negotiation […]

Prof. Winfried Ruigrok

Most Companies are Neither Footloose Nor a Prisoner of their Location

Following the financial crisis and the publication of the book Capitalism by Thomas Piketty, a global discussion (see the recent Financial Times article “Corporate citizens of the world owe fealty to us all”)  has emerged about the nature of capitalism and the possibilities of developing “responsible capitalism”. Normative arguments have dominated this debate. For instance, companies have […]

Dr. Gudrun Sander

Erfolgsgeschichten gelungener Wiedereinstiege

Neue Publikation „Mutmacherinnen“ erschienen

Zehn Absolventinnen des Zertifikatskurses „Women Back to Business“ gehen als „Mutmacherinnen” mit gutem Beispiel voran und zeigen, worauf es bei der Rückkehr in die Berufswelt ankommt. Die Interviews mit den zehn „Mutmacherinnen“ sind mit Hintergrundinformationen zu den jeweiligen Branchen angereichert, so dass die Einzelschicksale in den Gesamtzusammenhang der schweizerischen Volkswirtschaft gestellt werden. Warum […]

Prof. Winfried Ruigrok

Swiss voters against curbing executive pay excesses via state-imposed caps

This year, Switzerland has already voted twice on pay-related referenda (1:12 Initiative, Minder Initiative). Over the next years, two more will follow. A key background is that Swiss executive pay levels are higher than in most other European countries. What explains this higher pay in Switzerland?

First, executive pay is directly related to firm size. Firm size […]

Prof. Winfried Ruigrok

Mifid II: Another Step in the Erosion of Switzerland’s Country-specific Financial Advantages

Some three decades ago, the globalisation of finance took off, leading to worldwide economic integration and an unprecedented growth of cross-border capital flows. However this process did not go hand in hand with harmonising national regulatory systems. National and financial authorities are now looking for measures to repair this, by moving towards a financial level playing field amongst financial institutions […]

Prof. Winfried Ruigrok

Nokia and BlackBerry

The advantage of being based in large or protected markets

After the Microsoft-Nokia deal earlier this month, this will be the second deal involving the sale of a mobile phone maker based in a relatively open and relatively small economy. If this bid succeeds, BlackBerry may eventually be sold to a bigger producer (quite possibly based in Asia). The world’s […]