IMD - The Global Meeting Place for Executive Learning

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	Orchestrating Winning Performance (OWP) - Only a few places left! IMD’s flagship program takes place at the end of this month (June 21 -26). Supported by the most up-to-the-minute IMD research and led by world-class IMD Faculty, OWP delivers intensive exposure to current thinking on today’s key management issues. Sign up to OWP Your opinion counts Please continue to give us your feedback: what you like, what you don't. Let us know what more we can do to make the website and Webletter even more valuable and relevant for you. Kind regards, IMD Communications Team

GLOBALIZATION

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	How much longer will the U.S. remain the leader in world competitiveness?
	Towards a re-make of the Japanese tragedy? By Professor Stéphane Garelli and Suzanne Rosselet-McCauley

GOVERNANCE

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	About wealth and (extra)ordinary people
	Sharing a common belief By Professor Joachim Schwass

	Perspectives for corporate social responsibility
	Where are we coming from? Where are we going? By Professor Ulrich Steger

INNOVATION

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	Why is your strategic initiative team not up to the task?
	Frequent pitfalls and how to avoid them By Professor Xavier Gilbert

	Where is the money? That’s what venture capitalists want to know
	12 key questions you need to answer By Professor William A. Fischer, Jim Pulcrano and Andy Boynton

LEADERSHIP

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	Smarter leadership
	When the heat is on – be mindful By Professor Ben Bryant

CHANGE

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	Corporate social responsibility problems?
	Lower-cost ways for effective, responsible procurement By Professor Corey Billington

RESEARCH THEMES

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CASCADING A NEW VISION
Three steps for real commitment
By John Antonakis and Professor Robert Hooijberg
Leaders need to pay significant attention to and get broad involvement in a three-stage process of vision creation and dissemination. First, they need to create the vision; next, they must cascade that vision and the resulting key strategies throughout the organization; and finally, they have to assess the impact of those changes.