What is Corporate Governance? The 2024 guideline - IMD …
What is corporate governance? Corporate governance refers to the set of rules, practices, and processes that direct and control a company. It ensures that companies are accountable to their stakeholders – including shareholders, employees, customers, and the community.
World Competitiveness Ranking - IMD Business School
Singapore is the most competitive economy out of 67 across the world’s eight major regions. This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and GDP on both ends of the scale. Switzerland was second and Denmark third, while Nigeria, Ghana, and Puerto Rico made their débuts.
What is leadership and how is it evolving in 2024? - IMD Business …
What is the definition of leadership? Leadership is the ability to influence and guide a group of people toward achieving a common goal. It encompasses a range of skills and behaviors that empower individuals to provide direction, motivate team members, make decisions, foster collaboration, and promote growth.
The 4 Types of CSR Strategy and the Best Practices - IMD Business …
What is corporate social responsibility (CSR)? Corporate social responsibility encompasses an organization’s sustainability based on social impact, and how it fulfills its ethical, economic, and environmental responsibility. As such, it’s key to establishing a triple bottom line: a business framework that assesses performance based on social, environmental, and financial outcomes.
World Digital Competitiveness Ranking - IMD Business School
The 2024 IMD World Digital Competitiveness Ranking (WDCR), produced annually by IMD’s World Competitiveness Center (WCC), has shown how disparities in the development of digital infrastructure compounded by the ill effects of geopolitical tensions can be offset by joining the fast-moving current of emerging tech. Overall, Singapore …
Innovation in business: Importance, benefits, & examples
What exactly is innovation? In short, innovation is doing something different to create value.Business innovation refers to the process of introducing new ideas, methods, products, or services that result in significant improvements or advancements within an organization.. Innovation often involves transforming creative ideas into new solutions that drive business growth, improve efficiency ...
The 6 most common leadership styles & how to find yours
What is a leadership style? A leadership style refers to a leader’s methods, characteristics, and behaviors when directing, motivating, and managing their teams. A leader’s style is shaped by a variety of factors, including personality, values, skills, and experiences, and can have a significant impact on the effectiveness of their leadership.
Corporate Social Responsability (CSR): What Does it Mean?
In global business, Corporate Social Responsibility (CSR) stands as a pivotal strategy not merely for ethical governance but as a pathway to sustainable development and long-term success. CSR, often referred to as corporate citizenship, is the self-regulating business model wherein organizations commit to creating a positive impact through conscientious behavior with regard to the environment ...
What is DEI? Learn about Diversity, Equity and Inclusion
Diversity, equity, and inclusion (DEI) are values that help create fairer, more accessible workplaces for all. By acting on DEI values, organizations can support individuals of different ethnicities, religions, abilities, races, sexual orientations, gender, …
What is business analytics and why is it important? - IMD Business …
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