Home | Stéphane Garelli

A World Authority on Competitiveness

Founder of the IMD World Competitiveness Center
Professor Emeritus of World Competitiveness at IMD, one of the world's leading business schools where he continues to teach.
Professor Emeritus at the University of Lausanne, Switzerland, Strategy and International Competitiveness.
Former Managing Director of the World Economic Forum and of the Annual Meetings in Davos, for 13 years.
Member, International Olympic Commission on Sustainability and Legacy
Stephane Garelli was Chairman of "Le Temps", the leading French language Swiss newspaper, Chairman of the board of FF Sandoz Financial and Banking Holding, member of the board of Banque Edouard Constant, etc.

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Introduction

Stephane Garelli - a world authority on competitiveness - has pioneered research and the theory in this field. His unique experience as an academic and a leader in several renowned private companies and public organisations brings into perspective the world's economic and business environment, its evolution and impact on nations and businesses.

The objectives of his presentations (click on the link for 2024) are:

To understand and assess how recent changes in the world competitiveness landscape (nations, economy, business, and society) shape strategy and leadership.
To increase the awareness that competitiveness is not only about the flawless implementation of a strategy but also about adapting to changing circumstances.
To go beyond well-known trends to identify their real significance, their impact, how they are connected, and how they lead to new business models.
To develop a "so what" attitudes toward change, turning problems into opportunities.

He is an exciting speaker who combines content with a clear-cut approach to complex issues supported by his trademark graphics.

His best-selling book "Top Class Competitors - How Nations, Firms and Individuals Succeed in the New World of Competitiveness" is published with Wiley. His latest book is: “Are you a Tiger, a Cat or a Dinosaur?", available on Amazon (also in French)

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Speech at the Nordic Business Forum 2018 (click on picture)

Click on link to have access to "ABSTRACT OF PRESENTATION 2024":

Summary of issues featured in the presentation of 2024:

“THE WORLD IN RESET MODE”

Success in a New World of Competitiveness

We are entering a new chapter in globalization. What is the "new" new normal and what does it mean for nations, companies and people? Here are some of the issues which are covered while being constantly updated:

Are we heading toward an economic slowdown? What will be the consequences? Which countries will fare better than others?
Stress points: Inflation, energy and raw material prices, supply strategies, interest rates, environmental transition, geopolitical tensions.
Inflation: Is the worst behind us? Will wage inflation continue to fuel higher prices?
Consumers: They have been subsidized by governments through successive crises. Now, will they save, spend or invest?
Debt: Can governments continue such policies while debt and interest rates remain high?
Globalization: Towards a new chapter - decoupling (de-risking) of economies and duplication of technologies. What are the consequences of a fractured world economy?
Protectionism: From job protection to national security rhetoric. From tariff barriers to market access restrictions.
Industrial Policies: Governments are leading again through massive subsidies in strategic sectors (semiconductors, clean energy, health, etc.) such as the I.R.A. in the U.S.
Energy and Climate Challenges: What new dependencies will it create: suppliers, materials, etc.? Production and Grid (distribution) investments can trigger unexpected social tensions.
Technology revolution: Artificial Intelligence, connectivity, location, plus convergence and mobility. What impact is expected on data protection, copyright and security?
Technology companies: How dominant will they be? Branching into other sectors: cloud, food retailing, health, watches, and finance. Where will it stop? Are such conglomerates manageable in the longer term?
Competitiveness strategies: Who will be the competitors of tomorrow? Where will they come from? Technology lowers entry barriers. Nobody is insulated.
The Black Hole Economy: Start-ups are bought out by dominant technology firms. Can they still grow into large companies and support national competitiveness?
The Black Hole Finance: Investors focus on the same few companies, which risk becoming "overcapitalized". Is it a new systemic risk?
Taxes: What will be the impact of harmonizing taxes globally? Will it hamper competitiveness?
The Hybrid Company: Companies must combine new expectations from employees (teleworking, diversity, transparency) and societal expectations (climate change, energy transition, ethics) with profit requirements. What is the impact on corporate culture?
Mindset: The emphasis is on resilience, speed, openness to innovation, new business models, evolving value systems, and responsiveness to societal expectations. What are the management competencies and personal skills to succeed in this new world?

Thus, companies need to integrate these changes into their strategy and culture. A new world of competitiveness is emerging from the crisis. It creates vast opportunities for the daring. How?

Latest books: “Are you a Tiger, a Cat, or a Dinosaur?” “Top Class Competitiveness.”

Stephane Garelli, 2024