Gerd Hahn
Gerd Jürgen Hahn (born 1981) is a German economist and professor for business economy. He holds an endowed professorship for Operations Management and Process Innovation at the German Graduate School of Management and Law (GGS) in Heilbronn. Life After completing his Abitur at the commercial high school in Albstadt he, from 2001 onward, studied business economy at the Catholic University of Eichstätt-Ingolstadt and at the University of Antwerp. He completed his studies in 2006. From 2007 until 2012 he worked as business consultant for McKinsey & Company and in 2011 he earned his Ph.D. from the Catholic University of Eichstätt-Ingolstadt. In 2013 Hahn was offered an endowed junior professorship for Supply Chain Management at the University of Mannheim, which he accepted. Since April 2015 Hahn is professor for Operations Management and Process Innovation at the German Graduate School of Management and Law (GGS) in Heilbronn. He is author of specialist articles, conferenc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Balingen
Balingen (; Swabian: ''Balenga'') is a town in Baden-Württemberg, Germany, capital of the district of Zollernalbkreis. It is located near the Swabian Jura, approx. 35 km to the south of Tübingen, 35 km northeast of Villingen-Schwenningen, and 70 km south southwest of Stuttgart. It is home to the Bizerba and Ideal companies. History Balingen is first mentioned in 863. Initially a possession of the lords of Haigerloch, in 1162 it was acquired by the count of Hohenberg. In the 13th century it received the title of city from Friedrich der Erlauchte, it was largely rebuilt on the left bank of the river Eyach. In 1403 it was sold to the County of Württemberg, whose chancellor maintained a residence there until the 18th century. Balingen became part of the unified Germany in 1870. Main sights The city was destroyed by a fire in 1809, from which only the Protestant church, the castle and a few other edifices escaped. The Protestant church's construction finished ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Supply Chain Management
In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally". SCM practice draws heavily on industrial engineering, systems engineering, operations management, logis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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University Of Antwerp Alumni
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, the designation is reserved for colleges that have a graduate school. The word ''university'' is derived from the Latin ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". The first universities were created in Europe by Catholic Church monks. The University of Bologna (''Università di Bologna''), founded in 1088, is the first university in the sense of: *Being a high degree-awarding institute. *Having independence from the ecclesiastic schools, although conducted by both clergy and non-clergy. *Using the word ''universitas'' (which was coined at its foundation). *Issuing secular and non-secular degrees: grammar, rhetoric, logic, theology, canon law, notarial law.Hunt Janin: "The university i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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McKinsey & Company People
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and largest of the " Big Three" management consultancies (MBB), the world's three largest strategy consulting firms by revenue. The firm mainly focuses on the finances and operations of their clients. Under the leadership of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—transformed corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management. McKinsey has a notoriously competitive hiring process, a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Academic Staff Of The University Of Mannheim
An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of secondary or tertiary higher learning (and generally also research or honorary membership). The name traces back to Plato's school of philosophy, founded approximately 385 BC at Akademia, a sanctuary of Athena, the goddess of wisdom and skill, north of Athens, Greece. Etymology The word comes from the ''Academy'' in ancient Greece, which derives from the Athenian hero, ''Akademos''. Outside the city walls of Athens, the gymnasium was made famous by Plato as a center of learning. The sacred space, dedicated to the goddess of wisdom, Athena, had formerly been an olive grove, hence the expression "the groves of Academe". In these gardens, the philosopher Plato conversed with followers. Plato developed his sessions into a method of teaching philosophy and in 387 BC, established what is known today as the Old Academy. By extension, ''academia'' has come to mean the accumulation, dev ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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21st-century German Economists
The 1st century was the century spanning AD 1 ( I) through AD 100 ( C) according to the Julian calendar. It is often written as the or to distinguish it from the 1st century BC (or BCE) which preceded it. The 1st century is considered part of the Classical era, epoch, or historical period. The 1st century also saw the appearance of Christianity. During this period, Europe, North Africa and the Near East fell under increasing domination by the Roman Empire, which continued expanding, most notably conquering Britain under the emperor Claudius (AD 43). The reforms introduced by Augustus during his long reign stabilized the empire after the turmoil of the previous century's civil wars. Later in the century the Julio-Claudian dynasty, which had been founded by Augustus, came to an end with the suicide of Nero in AD 68. There followed the famous Year of Four Emperors, a brief period of civil war and instability, which was finally brought to an end by Vespasian, ninth Roman emperor, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Institute For Operations Research And The Management Sciences
The Institute for Operations Research and the Management Sciences (INFORMS) is an international society for practitioners in the fields of operations research (O.R.), management science, and analytics. It was established in 1995 with the merger of the Operations Research Society of America (ORSA) and The Institute of Management Sciences (TIMS). Overview INFORMS promotes greater public awareness, interest, and understanding about the benefits of operations research (O.R.) and analytics and provides a variety of programs and services that support lifelong learning and networking for O.R. and analytics professionals. This includes publishing 16 peer-reviewed journals, hosting numerous conferences and meetings, providing continuing education courses and professional certification, and administering dozens of special-interest communities that help professionals network and collaborate with colleagues from around the world. INFORMS is a member of the International Federation of Operation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Operations Research Society
The Gesellschaft für Operations Research (GOR) is the professional non-profit society for the scientific field of Operations Research in Germany. The society is a member of the European umbrella organization, the Association of European Operational Research Societies (EURO), and of the International Federation of Operational Research Societies (IFORS). History The history of the present-day society began in 1956 with the foundation of the Working Group Operations Research (Arbeitskreis Operations Research, AKOR) which was fairly practically orientated. In 1961, the German Society for Operations Research (Deutsche Gesellschaft für Unternehmensforschung, DGU) with a rather academic background was founded. Both societies merged in 1972 and became the German Operations Research Society (Deutsche Gesellschaft für Operations Research, DGOR). By the end of the 1970s some members with a theoretical focus did not find anymore their interests enough represented by the rather practical ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Decision Sciences Institute
The Decision Sciences Institute (DSI) is a professional association of university professors, graduate students, and practitioners whose interest lies in the application of quantitative research and qualitative research to the decision problems of individuals, organizations, and society. Many of the members of this academic organization are faculty members in business schools. The DSI currently is hosted in the C.T. Bauer College of Business at the University of Houston. Members of the Institute share their research findings at DSI's Annual Meeting (DSI's main academic conference), international DSI meetings, or regional conferences. The Decision Sciences Institute also publishes two journals and hosts annual award competitions for contributions to innovation education, the best case study, and best doctoral dissertation. In addition, the Institute offers job placement services, doctoral student and new faculty consortia, and a variety of professional development activities. Journa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Studienstiftung
The German Academic Scholarship Foundation (German: , or ''Studienstiftung'' for short) is Germany's largest and most prestigious scholarship foundation. According to its statutes, it supports "the university education of young people who, on account of their exceptional academic or artistic talents and their personalities, can be expected to make an outstanding contribution to society as a whole". The ''Studienstiftung'' is non-political, non-denominational and ideologically independent. Its headquarters are located in Bonn; it also has an office in Berlin. The current president is Reinhard Zimmermann, and the President of Germany, Frank-Walter Steinmeier, is patron ('). The ''Studienstiftung,'' like 12 other scholarship foundations (), is funded by the German Federal Ministry of Education and Research, with funds from the federal government, the German federal states and local authorities, numerous foundations and businesses as well as numerous private donors. In 2015, the ''St ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robust Optimization
Robust optimization is a field of mathematical optimization theory that deals with optimization problems in which a certain measure of robustness is sought against uncertainty that can be represented as deterministic variability in the value of the parameters of the problem itself and/or its solution. History The origins of robust optimization date back to the establishment of modern decision theory in the 1950s and the use of worst case analysis and Wald's maximin model as a tool for the treatment of severe uncertainty. It became a discipline of its own in the 1970s with parallel developments in several scientific and technological fields. Over the years, it has been applied in statistics, but also in operations research, electrical engineering, control theory, finance, portfolio management logistics, manufacturing engineering, chemical engineering, medicine, and computer science. In engineering problems, these formulations often take the name of "Robust Design Optimization", ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shareholder Value
Shareholder value is a business term, sometimes phrased as shareholder value maximization. It became prominent during the 1980s and 1990s along with the management principle value-based management or "managing for value". Definition The term "shareholder value", sometimes abbreviated to "SV", can be used to refer to: *The market capitalization of a company; *The concept that the primary goal for a company is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the stock price to increase (i.e. the Friedman doctrine introduced in 1970); *The more specific concept that planned actions by management and the returns to shareholders should outperform certain bench-marks such as the cost of capital concept. In essence, the idea that shareholders' money should be used to earn a higher return than they could earn themselves by investing in other assets having the same amount of risk. The term in this sense was introduced by Alfred Rappaport in 1986. For ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |