Monday, October 31, 2011


Business legitimacy depends on public confidence in corporations and in their leaders and is one of the major problematic issues we face in this first decade of the 21st century. Guided by an exaggerated notion of shareholder value maximization, business executives took on enormous amounts of risk in finance and operations alike. This in turn has led to widespread mismanagement, market failure and even crimes that have often dominated the news headlines. It has become evident, that the methods from yesterday do not suffice to solve the problems of today and tomorrow.

 We are a group of academics who have extensive experience in engaging firms and stakeholder groups through our teaching and research. Fully committed to unleash the tremendous potential of value creation of people for people, we see strategy as value creation in a sense of mutuality in networks of firms and their stakeholders. This new, more comprehensive understanding of strategy aims to not only improve the quality of life for human beings, but by virtue of more accurately reflecting our reality as pertains to our natural world, it will also ensure its sustainability. It is not the invisible hand of impersonal markets and endless regulation that create value, but the visible hands of leaders in both firms and stakeholder organizations.
 We invite practitioners from diverse firms and organizations, as well as scholars and students from various fields, to support us in our research and as educators of the leaders of tomorrow. There are numerous ways you can contribute. Check out our “Purpose” page for more details on how you can get involved and directly benefit from this project. Leave us your comments to our posts. Or submit to us your suggestion for a post that either we will take up or you yourself will write based on your own experience. We will then publish it right here on this blog.
We need to rise beyond simply analyzing and criticizing and work to creating solutions for a better tomorrow.
 We look forward to hearing from you!
Sybille Sachs