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HEC PARIS KNOWLEDG@HEC Food for Though for Business Leaders

Newsletter #24
October 2018

 

 

 

This special issue of KNOWLEDGE@HEC invites you to reflect upon change, and how individuals, firms, institutions, and the broader society deal with it.

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Ready for change?

Edito by Giada Di Stefano, Associate Professor of Strategy and Business policy and Co-Editor-in-Chief of this special issue.

 

 

 

No man ever steps in the same river twice, for it's not the same river and he's not the same man. (Heraclitus)

For this special issue of KNOWLEDGE@HEC, we went around all departments of HEC Paris to understand how our faculty has been thinking about change, through a series of research pieces, teaching initiatives, and events.

 

 

 

 

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Decision-making: do you need a decision theorist… or a shrink?

Itzhak Gilboa, Professor of Economics in Decision Science, and Olivier Sibony, Affiliate Professor of Strategy and Business Policy and former Partner of McKinsey&Co.

 

 

 

Human beings are notoriously bad at making rational decisions. Even theoretical models designed to help you find the "right" answer are limited in their applications. A trio of researchers calls for a re-appraisal of decision theory, arguing that basic tools can improve decision-making by challenging underlying assumptions and uncovering psychological biases.

Prise de décision : avez-vous besoin d'un théoricien de la décision ou d'un psy ?
Les êtres humains ne savent pas prendre de décisions rationnelles, c'est bien connu. Même les modèles théoriques conçus pour vous aider à prendre la « bonne » décision ont des applications limitées. Un trio de chercheurs propose de réévaluer la théorie de la décision ; en effet, des outils simples peuvent améliorer la prise de décision en questionnant les hypothèses sous-jacentes et en soulignant les biais psychologiques.

 

 

 

 

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Using storytelling to support organizational change

Giada Di Stefano, Associate Professor of Strategy and Business policy 

 

 

 

Transformation is a difficult challenge for companies. How can the art of storytelling guide companies through transformative change? Researchers Giada Di Stefano and Elena Dalpiaz turn to Italian houseware and kitchen utensil company - and master storyteller - Alessi to understand the narrative practices for successful change.

Accompagner la transformation par le storytelling
Comment l'art du storytelling peut-il accompagner les organisations dans leurs transformations et leur évolution ? Giada Di Stefano et Elena Dalpiaz se sont intéressées au parcours d'Alessi, une entreprise italienne maîtrisant parfaitement la communication narrative, pour découvrir les secrets d'une transformation réussie. Article en français ici.

 

 

 

 

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How e-government curbs corruption 

Shirish Srivastava, Professor of Information Systems and Operations Management, Member of CNRS-GREGHEC Research Group

 

 

 

Shirish Srivastava and co-researchers found that e-government prevents corruption in national institutions and service systems. They set out to learn: what can be done to enhance this unintended benefit and further curb corruption in nations?

Comment l'administration en ligne limite la corruption
Pour Shirish Srivastava et ses co-chercheurs, la e-administration prévient la corruption dans les systèmes des institutions nationales et de leurs services. Ils souhaitent aller plus loin : que faut-il faire pour que ce « bénéfice collatéral » prenne de l'ampleur et réduise la corruption dans les pays ? Article en français ici.

 

 

 

 

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Business environnement

 

Teaching Initiatives

 

 

 

Aware of the difficulties associated to anticipating change and embracing it, our faculty has also been active in designing a series of teaching initiatives that enable leaders to manage change. This is the main idea behind the Executive Master in "Consulting & Coaching for Change". Directed by Matthis Schulte (Management & Human Resources), the master enables participants to develop change leadership, and handle new or difficult situations creatively and with confidence.

Our Digital Learning Team has also put together an overview of some of the online courses we have developed for those who want to foster change, anticipate it, and lead through it.


> Testimonials from the alumni of the MOOC « Devenir entrepreneur du changement ».
Témoignages des anciens du MOOC « Devenir entrepreneur du changement ».

 

 

 

 

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Events

Big Data Day & Contested Markets: Lessons from the Cannabis Market

 

 

 

This year, several HEC Paris researchers have initiated pluri-disciplinary events focusing on change, one on data and the other on emerging labor markets.
 
Peter Ebbes (Marketing), Christophe Pérignon (Finance), and Ludovic Stourm (Marketing), organized the first "Big Data Day" at HEC aimed at fostering collaborations amongst researchers, students and practitioners in the HEC community. It provided a platform to embrace the opportunities offered by the analysis of Big data. 
 
After publishing "Tracking America's Cannabis Industry Through Big Data", Dane Pflueger and Daniel Martinez, Assistant Professors of Accounting, organized a pioneering workshop on the HEC Paris campus featuring the growing community of international scholars to debate issues around the title "Contested Markets: Lessons from the Cannabis Market".


The ultimate objective of both these encounters is to build a body of regulations designed for such emerging and changing markets. 

See more with #BigDataDayHEC and #ContestedMarketSeminar on Twitter.

 

 

 

 

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BOOK: Lobbying for Change

Interview with Alberto Alemanno, Professor of European Law & Risk Regulation at HEC Paris

 

 

 

Special interview with the author here.
Learn more and find success stories with #LobbyingforChange

 

 

 

 

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