EFMD Excellence in Practice Awards 2020

This year’s Excellence in Practice Award (EiP) initiative received over 40 submissions, an all-time record, demonstrating great diversity and showcasing extremely interesting projects.

How to close a factory, responsibly?

The right way to close an operation by Kenneth W Freeman, an article published in the HBR 2009 issue1, is one of the few references regarding responsible factory closings. Freeman observes: “Many managers never had to shrink their operations of workforce drastically, and as a result (...) they assume they have to be the tough guys who make the decisions and that afterward they can delegate the implementation to others with one marching order: go fast.”

Pertamina’s Catalyser

Winning the EFMD 2020 Gold Award for talent development was an honour for all the partners, especially as this is the first time an Indonesian company has won such an award.

Authentic African leadership requires ‘more than a programme’

The brief was as brave as it was wide: take 328 bankers of varying seniority from 20 African countries and help them unlock their untapped potential – as individuals not financiers – through a programme co-designed by two ostensibly rival business schools.

Unlocking human potential through learning English

Those of us in the anglophone business world often take for granted the ability to easily express ourselves and instantly understand everything around us at work. As English has become the undisputed language of commerce and academia, professionals across much of the planet must contend with language and communication obstacles daily on top of maintaining every other facet of their effectiveness at work.

Developing entrepreneurship in Russia

The “PRACTICUM Programme” was inaugurated in 2012’ the year Vitaly Polekhin, Head of the Investor’s Club of the newly founded Association of Entrepreneurship Development “SKOLKOVO Community”, came to the Moscow School of Management SKOLKOVO with the idea for a new educational programme for the founders and CEOs of small and medium enterprises (SMEs).

A journey from A to what can Be – The Future Factory Programme

Ireland is focused on keeping its connections with Europe and the rest of the world open for the flow of capital, business and, most importantly, people. Sometimes described as the “Singapore of Europe”, the country serves as a hub for many multinational organisations in the management of their European operations and is also home to many Irish companies who are “born global” with an extensive international footprint.

Emerging Indigenous executive leaders programme

Aboriginal and Torres Strait Islander people comprise 3% of Australia’s population and continue to experience high levels of disadvantage. Indigenous men die on average eight years younger than non-Indigenous men. Youth suicide rates are four times higher than in non-Indigenous communities, and employment and literacy rates continue to remain lower than those of non-Indigenous Australians.

A digital learning platform for enhancing salesforce capabilities at Coromandel

Coromandel International Limited, an Indian corporation founded in the early 1960s, is among India’s pioneers and leading agricultural solutions provider, offering diverse products and services across the agricultural inputs value chain.

Enter the Eurozone programme

The Eurozone is one of the world’s most dynamic, prosperous, and stable markets. Given that it is on the doorstep of the Republic of Ireland, the Eurozone is also a fountain of untapped opportunities for Irish companies – valued at €38bn. For Irish companies, the Eurozone boasts several important advantages, including shared currency, no customs, no tariffs, regulatory alignment, proximity, and ease of access.

Rising to the challenges of rapid growth

By any measure, Avolon’s story of meteoric growth is unusual. INSEAD strategy professor, Daniel Simonovich, describes the Irish aircraft leasing company’s trajectory as ‘astonishing’

Strategic digital leadership in a rapidly changing world

The increasing challenge of digital disruption demands faster business innovation. This makes capabilities in strategic insight and effective project implementation more important than ever.

Maintaining and Developing Company Brand Values through Generations Dialogue

The largest functional branch of JSC Russian Railways – the Railway Infrastructure Business Unit – faced a challenge of ensuring the continuity of valuable working experience transferred from mentors in the workplace to students enrolled on employer-sponsored places in the railway transport universities, the future employees of Russian Railways.

Digital mindset: transforming the way Russia is governed

In order to make accurate predictions and simply to keep the public informed, authorities should have proper tools and interfaces to collect, analyse and represent large amounts of digital data from figures that the health agencies report to the data streams sent out by the proximity apps now being rolled out by the smartphone manufacturers.

Strategic alignment at LafargeHolcim

How do you reinvigorate a multinational company facing several years of underperformance after a challenging merger? That was the dilemma facing Jan Jenisch in 2017. As incoming CEO of LafargeHolcim, he was tasked with positioning the organisation back on the path to growth.

A transformative journey for the catalysts of change

We live in a world that is driven and defined by technology. As more and more organisations realise the critical role that technology plays in their business destiny, the onus falls on IT companies to lead the transformative journey and show the way.

How can museums reinvent themselves and become drivers of urban revitalisation?

The main question faced by a museum today is how to transform from an institution for the conservation of heritage into an inclusive space that combines a variety of resources with the ability to nurture resilient and entrepreneurial communities, exert positive social impact and provide unique knowledge and experience that protects and promotes regional identity.