The oil companies have had to take out loans, slash investment and sell assets to deal with the plunge in the price of oil. At the same time, shareholder payouts have been maintained. But for how long?
The potential merger of Pfizer and Allergan might create the world's largest pharmaceutical company, but it will also make Pfizer the biggest tax deserter in U.S. history.
“France is at war,” President Francois Hollande declared last week after the attacks on Paris. But declaring war is just the start. War requires a a "war effort", and that raises a host of other questions.
Oil prices today are at the same level as they were in 2009 during the financial crisis. So what are the causes of this collapse - and what might the consequences be?
Jean-Fran?ois Fiorina, Associate-Dean of Grenoble Ecole de Management, talks to Central Asian specialist, writer and explorer, René Cagnat, about the changing geopolitics of a vast region of the globe that is often overlooked.
Hunger is a daily reality for more than one in 10 of the world’s population. And as the population continues to climb, feeding the world ceases to be a humanitarian or economic imperative or even a question of ‘food security’. It becomes a question of survival.
Over the past decade, the balance between the ‘old’ industrial world and emerging economies has shifted dramatically. But with an economic slow-down beginning to affect many emerging countries, is the pendulum now swinging back the other way?
Counterfeiting has become a global epidemic. Pierre Delval, one of the world’s leading authorities on counterfeiting, talks to Jean-Fran?ois Fiorina, Associate-Dean of Grenoble Ecole de Management, about the scale of problem and the measures we need to take to combat it.
When currency wars break out, business gets caught in the crossfire. But the impact of monetary policy can work both ways. So the more businesses leaders are aware of the implications, the more effectively they can plan and react.
It’s symptomatic of the economic and political tensions emerging across the globe that borders are regaining their importance and protectionist policies are starting to reappear. As a result, businesses need to navigate international markets that are becoming ever more regulated.
Any business that operates outside its home turf needs a grasp of geopolitics. As Jean-Fran?ois Fiorina, vice dean of Grenoble Ecole de Management, tells us, understanding the geopolitical stakes in a country or region helps companies make the right choices and minimize risks.
VUCA - Volatility, Uncertainty, Complexity and Ambiguity – has been playing havoc with the strategies of many Western companies. But Chinese entrepreneurs do not seem unsettled by VUCA: so what can Western leaders learn from the Chinese management style?
We hear a lot these days about the impact of VUCA - volatility, uncertainty, complexity and ambiguity. But what if this upheaval, disruption and change were perceived not as destructive, but as sowing the seeds for organisational survival?
VUCA - volatility, uncertainty, complexity and ambiguity - is the new operating condition for business (and for life). Using these conditions to advantage requires a complete shift in mindset and a letting go of past notions about how the world works.