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Serden Özcan
Serden Özcan (born 1977) is a professor and holder of the Otto Beisheim Endowed Chair of Innovation and Corporate Transformation at the WHU – Otto Beisheim School of Management in Vallendar near Koblenz. During the 2017/2018 academic year the Chair of Innovation and Corporate Transformation moved from Vallendar to Düsseldorf. Life He assumed the Otto Beisheim Endowed Chair of Innovation and Corporate Transformation in July 2014 where he is also a professor. In October 2017 he joined the WHU Board of Directors as the Academic Director of Executive Education. Under his leadership, WHU Executive Education qualified in 2018 for the Financial Times Executive Education Open Program rankings for the first time ever, achieving a ranking of 60. Özcan was Associate Dean for Corporate Communications and a member of WHU's Executive Committee at the WHU – Otto Beisheim School of Management at the WHU Düsseldorf campus in 2019/2020. In 2019 WHU ExecEd open programs ranked 45 overall ...
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Copenhagen Business School
Copenhagen Business School (Danish'': Handelshøjskolen i København'') often abbreviated and referred to as CBS (also in Danish), is a public university situated in Copenhagen, Denmark and is considered one of the most prestigious business schools in Western Europe and the world. CBS was established in 1917 by the Danish Society for the Advancement of Business Education and Research (FUHU); however, it was not until 1920 that accounting became the first full study programme at CBS. Today CBS has approximately 20,000 students and 2,000 employees, and offers a wide range of undergraduate and graduate programmes within business, typically with an interdisciplinary and international focus. CBS is accredited by EQUIS (European Quality Improvement System), AMBA (Association of MBAs), as well as AACSB (Association to Advance Collegiate Schools of Business), thus making it one of the few schools worldwide to hold the "triple-crown" accreditation, and along with Aarhus BSS, the only two ...
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Sabancı University
Sabancı University () is a private research university that adopts a liberal arts education approach, established in 1994 and located on a 1.26 million squaremeter campus which is about 40 km from Istanbul's city center. Its first students matriculated in 1999. The first academic session started on . History Under the guidance of Sabancı Foundation, one of Turkey's leading family foundations, the Sabancı Group established Sabancı University in July 1994. More than 50 academics from 22 countries, students and private sector leaders participated in the Search Conference in August 1995. This conference was followed by university development committees, which worked under the direction of a Student Trend and Preference Survey and other academic program design activities. The design of the campus was done by CannonDesign in association with the office of local architect Turgut Toydemir. The groundbreaking ceremony for the Sabancı University campus took place on July ...
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Chicago Tribune
The ''Chicago Tribune'' is an American daily newspaper based in Chicago, Illinois, United States. Founded in 1847, it was formerly self-styled as the "World's Greatest Newspaper", a slogan from which its once integrated WGN (AM), WGN radio and WGN-TV, WGN television received their call letters. It is the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region, and the List of newspapers in the United States, sixth-largest newspaper by print circulation in the United States. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the then new Republican Party (United States), Republican Party's progressive wing. In the 20th century, under Medill's grandson 'Colonel' Robert R. McCormick, its reputation was that of a crusading newspaper with an outlook that promoted Conservatism in the United States, American conservatism and opposed the New Deal. Its reporting and commenta ...
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Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Start-ups
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. During the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential, such as unicorns.Erin Griffith (2014)Why startups fail, according to their founders, Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will do the market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long perio ...
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Digital Transformation
Digital transformation (DT) is the process of adoption and implementation of digital technology by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format. The goal for its implementation is to increase value through innovation, invention, improved customer experience and efficiency. Focusing on efficiency and costs, the Chartered Institute of Procurement & Supply (CIPS) defines "digitalisation" as However, since there are no comprehensive data sets on digital transformation at the macro level, the overall effect of digital transformation is still (), too early to comment. While there are approaches which see digital transformation as an opportunity to be seized quickly if the dangers of delay are to be avoided, a useful incremental approach to transformation called discovery-driven planning (DDP) has been proven to help solve digital challenges, especially for traditional ...
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Competitive Strategy
Porter's Five Forces Framework is a method of analysing the Competition (economics), competitive environment of a business. It draws from Industrial organization, industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability. An "unattractive" industry is one in which the effect of these five forces reduces overall profitability. The most unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to Profit (economics)#Normal profit, normal profit levels. The five-forces perspective is associated with its originator, Michael E. Porter of Harvard University. This framework was first published in ''Harvard Business Review'' in 1979. Porter refers to these forces as the Market environment#Micro-environment, microenvironment, to contrast it with the more general term environmental scanning, m ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ...
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Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value (economics), value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective product (business), products, processes, Service (economics), services, technologies, art works or business models that innovators make available to Market (economics), markets, governments and society. Innovation is related to, but not the same as, ''invention'': innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations requir ...
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Odense
Odense ( , , ) is the third largest city in Denmark (after Copenhagen and Aarhus) and the largest city on the island of Funen. As of 1 January 2025, the city proper had a population of 185,480 while Odense Municipality had a population of 210,803, making it the fourth largest municipality in Denmark (behind Copenhagen, Aarhus and Aalborg municipalities). Eurostat and OECD have used a definition for the Metropolitan area of Odense (referred to as a ''Functional urban area''), which includes all municipalities in the Province (Danish: Provinces of Denmark, ''landsdel'') of Funen (Danish: ''Fyn''), with a total population of 504,066 as of 1 July 2022. By road, Odense is located north of Svendborg, to the south of Aarhus and to the southwest of the capital Copenhagen. The city was the seat of Odense County until 1970, and Funen County from 1970 until 1 January 2007, when Funen County became part of the Region of Southern Denmark. Odense has close associations with Hans Christian ...
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