The difference between success and failure isn’t your idea. It’s your financial decisions. Most businesses don’t fail because of bad ideas. They fail because of poor financial management. Too often, entrepreneurs, executives, and investors operate without a clear understanding of the principles that truly drive business performance, corporate wealth creation, and long-term success. This book…

The EFMD Chief Learning Officer (CLO) Roundtable, that joined this year IMD’s annual CLO Circle at IMD in Lausanne, brought together more than 50 learning and development leaders to explore how organisations can strengthen their geopolitical resilience. IMD and EFMD Global brought together their learning leader networks to examine how organisations can develop the capabilities…

Once learning is aligned with the business, how do we demonstrate its contribution to the results? For many years, one of the principal challenges facing learning functions was showing how their portfolios aligned with their organisation’s strategy. Learning teams needed to move beyond reporting the programmes they delivered and explain how those programmes supported the…

The importance and impact of culture is not lost on business schools, but how does new research on collectivism impact teaching and research? Thomas Talhelm, Robert Cialdini Endowed Professor of Social Influence at Arizona State University, has just published new research on why people (and academia’s most-used surveys) get collectivism wrong and how to fix…

What is CLIP Most medium-sized and large organisations have a corporate learning function, whether they are called a corporate university, an academy or just learning and development (L&D). As these functions don’t compete with each other and their markets are captive, there are numerous approaches. Which one is effective depends very much on the organisational…

If test-takers start with the maximum score and lose points for mistakes, they perform 8 percentage points better than when they traditionally start from zero and earn points for correct answers. A simple change in feedback can produce a sizable boost in university performance, finds new research from Corvinus University of Budapest. The psychological discomfort…