I am a Professor of Finance at EBS Business School and hold the Chair of Corporate Finance & Higher Education Finance there. My current areas of interest are anything related to risk management and resilience of organizations. This also defines my special angle when studying corporate finance topics such as venture capital & private equity or when analyzing higher education and business school issues. I hold a Ph.D. in Economics from the University of Michigan, Ann Arbor (GO BLUE!) and have been awarded a Dr. habil in Business Administration by the WHU, Germany.
Throughout my career, I have mixed academic work with managerial and administrative posts. For the past 11 years, I have held various executive roles at EFMD and EFMD GN. In the past, I have also been Dean and Rector of EBS as well as Managing Director of EBS gGmbH.
Talk at Rectors' School of Moscow School of Management SKOLKOVO:
It was great to be back to Skolkovo In January 2019 to facilitate another session of the Rectors' School on how to manage and lead in times of disruption. I always enjoy the tremendous professionalism of the colleagues there and the interaction with an engaged group of participants from all regions of Russia.
Global Focus Supplement on Professional Development in Business Schools Published:
Exciting news! The special supplement of Global Focus Magazine, "Educating Ourselves: On the Role of Professional Development in Business Schools", has been published (part of the 01/2019 issue). It represents a great collection of articles that will look at the issue from various angles.
It was a pleasure editing the volume and work together with such a great group of authors. The supplement also includes an article of mine emphasizing the importance of professional development for making business schools more future-ready.
Blog on the Outcomes of the EFMD-Keio Joint Executive Conference Published:
Internationalization is more effective if business schools and companies join forces. Please read my blog that summarizes the discussion on this issue at the EFMD-Keio Joint Executive Conference held in Yokohama this past December. The full text can be accessed here. It has also been published on the Keio Business School website, which provides access to the Japanese version.
ZIBS Shanghai Forum 2019:
It was a great honor to participate in the ZIBS Shanghai Forum next to so many distinguished guests. Professor Shenglin Ben, Dean of ZIBS (Zhejiang International Business School) of Zhejiang University leads an exciting project of growing the international activities of the university under the ZIBS umbrella. It will also serve as a driver of extending the global footprint of Chinese Fintech leadership.
New Thought-Provoking Article:
Together with Ben Woods, I have written an article that provides handrails for sense-making to better understand the role of the triad of quality management (quality assurance, accreditation & rankings, risk management) in shaping the business schools' response to systemic disruption.
»Squeezing the Middle: The Consequences of Quality Oversight in Management Education«, in: Journal of the Knowledge Economy, DOI: 10.1007/s13132-018-0559-4 (with B. Woods).
A working paper version can be requested via Researchgate.
First article co-authored with graduates from the EFMD Executive Academy:
»International Learning '4.0'«
in: Global Focus, Vol. 12, No. 2, 2018, pp. 6-9 (with A. Blombäck, Y. Carlisle, A. Gaudes)
Internationalisation is a high-priority issue for business schools as they seek international applicants for their degree programmes, source faculty talent globally, interact with non- academic stakeholders abroad and establish campuses overseas. In this article we challenge whether business schools undertake such activities for reasons and in ways that are conducive to international learning for students. Based on the notion that an international dimension is essential for management education and student learning, we elaborate why current practices are not fully capturing the potential benefits. We then turn to the organisation of international learning, initially in a more traditional context and subsequently by exploring how current sector dynamics can act as an accelerator for further innovation and development. The underpinning conjecture is that international learning would benefit from an “Industry 4.0”-type transformation.
I had the pleasure of delivering the opening keynote address at the 9th Odyssey Conference organized by the Faculty of Economics of the University of Zagreb, Croatia in May 2018. The title of my talk was “The Disease for Which They Purport to be the Cure: The Consequences of Regulatory Oversight in Management Education”, which is based on an article co-authored with Ben Woods, doctoral student at the corpfin chair. I have also accepted the invitation to become a member of the conference's program committee.
New Reference Text on Corporate Restructuring Published:
A new edition of our premier German publication on corporate restructuring is available in bookstores. It is now a 2-volume set (order here).
Editors: T. C. Knecht, U. Hommel, H. Wohlenberg
Springer, 2017, 2nd completely revised edition
EFMD's Responsible Research Initiative:
It is a privilege and an honour that I have been able to co-initiate the RESPONSIBLE RESEARCH IN BUSINESS & MANAGEMENT (RRBM) initiative that is now flourishing under the impressive leadership of Anne Tsui. I encourage my fellow academics to support the cause. The RRBM Position Paper can be found here.