Newsletter 03/2009
October 2009
This is a publication of HHL Alumni Association
Contact: Florian Jaeger, K13 ([email protected]) and Franziska Rook ([email protected])
HHL Alumni e.V.
Chairman of the Board Friedhelm Wachs (P2)
Secretary and Deputy Chairman Burkhart Eymer (K3)
Treasurer Monika Swierczek (M1)
Assessors
Fabian Kratzberg (K10) ‐ Ronald Wulle (M6) ‐ Marco Sperling ‐ Florian Jäger (K13)
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Content Foreword ........................................................................................................................................ 3
Alumni Association ......................................................................................................................... 4
Homecoming 2009 ........................................................................................................................................ 4
Please pay your open membership fees for 2006, 2007 and 2008............................................................... 5
Local Chapters................................................................................................................................. 6
Overview of local HHL Chapters and their chairpersons............................................................................... 6
HHL Alumni in India wanted!......................................................................................................................... 8
HHL Chapter Frankfurt: Highlight with Prof. Dr. Wulf and the Sueddeutsche Zeitung in November........... 8
HHL Alumni Meeting at Bankhaus Metzler in Frankfurt ............................................................................... 9
HHL Alumni in London meet at German Embassy......................................................................................... 9
Alumni Life.................................................................................................................................... 10
Newslets on HHL alumni.............................................................................................................................. 10
Supporting HHL from Norway ..................................................................................................................... 11
Save the date: Homecoming , 3rd weekend in October, 16. – 18. 10.2009................................................ 11
HHL............................................................................................................................................... 12
HHL’s blog online......................................................................................................................................... 12
Follow HHL on Twitter and Facebook.......................................................................................................... 12
Graduation 2009.......................................................................................................................................... 13
New Students at HHL................................................................................................................................... 13
New Chair of Economic and Business Ethics established at HHL ................................................................ 14
HHL Start‐up career fair............................................................................................................................... 15
Support for Saxonian entrepreneurs by ESF ............................................................................................... 15
New family business study: success factors in the crisis ............................................................................. 16
News from the Department of Strategic Management and the International Entrepreneurship Program16
HHL Information Day and After Work events.............................................................................................. 19
Interview: HHL’s doctoral program – a success story ................................................................................. 19
DAAD supports German scientists planning to return to Germany ............................................................ 20
New publication by HHL’s Center for Leading Innovation & Cooperation (CLIC) Co‐Director Prof. Dr.
Kathrin M. Moeslein .................................................................................................................................... 20
HHL Open School Case Book has recently been published ......................................................................... 21
Publication on Hybridvalue Creation in “CLIC Executive Briefing Notes“ Series......................................... 21
From China to Chile: HHL Summer Program on EU enlargement well attended again .............................. 22
Social Impact of multinational corporations ............................................................................................... 22
Monday Demonstrations in Leipzig – 20 years after................................................................................... 23
Upcoming events .......................................................................................................................... 24
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Foreword
Dear fellow HHL alumni,
We proudly present the brand‐new issue of our Alumni newsletter. In the run‐up of the Homecoming 2009
you will find some additional information on this “must‐be‐there” event. Please register until October 6th.
Our next issue has its editorial deadline on December 1st, 2009. Please feel free to send us your articles,
newslets and contributions to [email protected]
Now have fun reading our latest issue.
See you all at the Homecoming!
Cheers,
Franziska and Florian
Alumni Association
Homecoming 2009
The third weekend in October is reserved for
their Homecoming from October 16‐18, 2009. We especially invite Alumni from K3 and K4 who are
celebrating their 10th graduation anniversary, as well as K13 and K14 who are celebrating their 5th
graduation anniversary.
We are looking forward to an exciting weekend with you!
A detailed schedule of events and the registration form was already emailed to you. Please let us know
should you require this information again or would like to know more.
Friday, October 16, 2009: “State of the Art” Lecture series by HHL professors (tbc) 5 p.m.
Informal Dinner for K3 and K4 8 p.m.
Joint evening for all alumni 10 p.m.
Saturday, October 17, 2009: Reception at HHL and tour thereof 10:30 a.m.
Afternoon Activity 12:30 p.m.
General Meeting of HHL Alumni e.V. 5 p.m.
Homecoming Dinner 7 p.m.
Sunday, October 18, 2009: optional short tour of new HHL Executive Offices 10:00 a.m.
Brunch 10:30 a.m.
Students from K3 may contact Burkhart Eymer mail@burkhart‐eymer.de for more information.
Students from K4 may contact Magnus Sprenger [email protected] for more information.
Students form K13 and K14 may contact Franziska Rook [email protected] for more information.
Also, if you are from another class and have questions, please contact Franziska.
Homecoming festivities! This year, HHL alumni are celebrating
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Please pay your open membership fees for 2006, 2007 and 2008
Dear Alumni,
It takes another two weeks until we meet at our homecoming. The board has done a lot of homework to
get an overview on our membership and a solid database for our future work.
Thus, we know now, who has still an open membership fee, whether it is for this year or the years before.
Please be advised and prepared, that all members with due membership fees will get an email letter within
the next days as a friendly reminder to pay those dues.
It is needless to say, that it is our all responsibility to take care about paying our dues. However we have to
admit, that previously HHL alumni association has not sent out reminders. This is what we are doing now.
You might pay those dues either directly, or via “Einzugsermächtigung” from a German Bank Account,
which you can give us electronically in your membership account under www.hhl‐alumni.de.
In case you have no password anymore, please use the “forgot password?”‐function to obtain a new one or
get in touch with [email protected].
In case you have further questions please feel free to get in touch with me via [email protected]
If we are mistaken with the information on your open dues, please send me a copy of the payment receipt
also at [email protected]
Please get also in touch with me at [email protected], if you are not able to pay your dues at once in
full. We will agree with you on a payment plan to ease your situation.
See you in Leipzig at our homecoming.
Friedhelm Wachs, P2
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Hamburg/Luebeck (Germany)
Cologne/Duesseldorf "NRW“ (Germany)
Frankfurt (Germany)
Local Chapters
Overview of local HHL Chapters and their chairpersons
HHL Alumni Association grows on an international scale. If you have already founded or want to found
another local chapter please contact us at [email protected] and [email protected]. You can also
find latest news on the local activities on the HHL Alumni Platform www.hhl‐alumni.de and at our Xing
forum www.xing.de
Chairperson: Ronald Wulle (M6), Erik Jäger (P2), Julia Derndinger (K9)
Contact: [email protected], [email protected],
Next events: Please contact the chairperson
Chairperson: Wolfgang Gänswein (K13), Uwe Voss (K15)
Contact: [email protected]
Next events: Please contact the chairperson
Chairperson: Florian Jäger (K13), Kerstin Fehre (K10)
Contact: [email protected]
Next events: Please contact the chairperson
Chairperson: Oliver Klante (K3), Burkhart Eymer (K3), Thorsten Becker (K2)
Contact: [email protected], post@burkhart‐eymer.de,
Next events: Please contact the chairperson
Berlin (Germany)
Leipzig (Germany)
London (UK)
Munich (Germany)
Paris (France)
US local initiatives (USA)
Seoul (Korea)
Chairperson: Marco Sperling
Contact: [email protected]
Next events: Please contact the chairperson
Chairperson: Bernd Oehring (K10), Daniel Theuerkauf (K8)
Contact: [email protected], [email protected]
Next events: Please contact the chairperson and refer to article
Chairperson: Michael Berger (K5)
Contact: [email protected]
Next events: Please contact the chairperson
Chairperson: Andreas Brunner (K14), Robert Jacob (K13)
Contact: [email protected] and [email protected]
Next events: Please contact the chairperson
Chairperson: Jekyun Moon (M6)
Contact: [email protected]
Next events: Please contact the chairperson and refer to article
Chairperson: Jeong‐Hwan Choi (M5) for Midwest, Christina Bauer (P2) for Washington DC
area
Contact: [email protected], [email protected]
Next events: Please contact the chairperson
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HHL Alumni in India wanted! fast on a
alumni chapter
in India.
residing
there,
The chapter network of HHL Alumni is growing
global scale. After we successfully opened an
in Seoul, we would now like to build a chapter
Therefore, we need your help! If you are currently
in India or know an HHL alumnus/a who is working
please get in touch with Franziska Rook at alum
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HHL Chapter Frankfurt: Highlight with Prof. Dr. Wulf and the Sueddeutsche Zeitung in November In November, we will have a true highlight at our Frankfurt Chapter. Prof. Dr. Wulf,
Chairholder of the Strategic Management Chair and Academic Director of the MBA
programs at HHL, will be joining us with an interesting presentation and the latest
news on HHL. We will organize an enlightening event in the Frankfurt region, most
probably on a Thursday night. Since a reporter of the Sueddeutsche Zeitung, one of
the top‐notch German newspapers, will also be participating, your attendance will
be highly appreciated. More info on the exact date and location will follow soon.
For more details please also feel free to contact us at [email protected]
the more alumni we are able to locate the better!
Thank you for your support!
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HHL Alumni Meeting at Bankhaus Metzler in Frankfurt
We would like to invite you to a joint meeting of Bankhaus Metzler, finexpert, and HHL Alumni e.V.
on October 13, 2009 (Tuesday)
at Bankhaus Metzler, Große Gallusstraße 18, Frankfurt
Schedule of events
18.30 Meet and greet
18.45 Welcoming
Dr. Ralf Pampel, Managing Director at Bankhaus Metzler
18.50 Keynote speech on Legislation on Executive Compensation (Vorstandsvergütungsgesetz) by
Christian Strenger, Director at DWS, Evonik and Fraport, member of government commission
„Corporate Governance“, Deputy Director at the Worldbank
21.00 Get‐together in a pub
Please mail to [email protected] if you plan to attend. Of course you can also bring a friend or
coworker.
HHL Alumni in London meet at German Embassy Fall 2009 marks a special time in Leipzig’s history. Twenty years
ago, a people's movement started in Leipzig that eventually
spread across the German Democratic Republic resulting in the
fall of the Berlin Wall. This overturn of the government became
known as “Peaceful Revolution”. Despite a high level of
uncertainty and tension, no shot was fired on the streets of
Leipzig.
This Peaceful Revolution was also celebrated in London during a
commemorative week of events. HHL alumni were invited to
attend the reception at the embassy that included a private
exhibition of works of Neo Rauch, a renowned Leipzig artist, as
well as a concert by musicians of the Gewandhausorchester. For
the London chapter, it was a welcome chance to get together
again after the summer break. Despite difficulties finding each
other on the premises, all alumni present and HHL Alumni
Officer Franziska Rook had a great time. We would like to extend
our thanks to the City of Leipzig and the German Embassy
London for making this invitation possible.
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Alumni Life
Newslets on HHL alumni
Enie Sophie van der Honing (*24.07.2009)
Parents: Henk and Nicole van der Honing (neé Hubert, K10). Enie
weighed 2510g and measured 47 cm. The family is residing in
Utrecht, Netherlands.
Felix von Grega, né Kreutzmüller, (K20) and Silke von Grega (teacher)
got married on July 15, 2009.
Three days later they celebrated their church wedding at the Quirinus
cathedral in Neuss. The couple is residing in Düsseldorf.
On October 01, Christian Elsner (P1) will start his new of
the University Medical Center Lübeck. He will be in charge
interdisciplinary Competence Centers of the hospital.
married to Marie Barbara Cropp, née Naumann afenkirche zu Cadolzburg, close to Nürnberg. in Munich‐Lehel. During the week, Leif Christian is (Targu Mures and Bukarest) responsible for gas
ch Associate, presented the paper “"Equilibrium
Exchange Rate Misalignments: Time Series vs.
nual meeting of the Vereins für Socialpolitik in
job as Managing Director
of the seven
Leif Christian Cropp (M4) goton July 11, 2009, at MarkgrThe newlyweds are residingworking for E.ON Romania purchase.
Oliver Hossfeld, HHL Resear
Real Exchange Rates and Real
Panel Estimates" at the an
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Magdeburg.
Salut HHL‐Alumnis
Just to let you know, I will not stay in Frankfurt for the next 3 months, but in Paris. My employer Bankhaus Metzler gave me the opportunity to participate in a secondment program with our French cooperation partner Edmond de Rothschild (EdR). My tasks will be more or less the same as in Frankfurt, as I stay with the Corporate Finance Team of EdR. I am looking forward to these 3 months and hope that I will have the possibility of profiting a little bit from savoir vivre. The Frankfurt Stammtisch will still go on during this time as Florian will organize them. Bien cordialement
Kerstin Fehre
In Summer 2009, Harmeet Singh Chadha (M6) got married to his spouse Harleen in a beautiful temple ceremony in New Delhi, India. The couple is now residing in London.
If you have news to tell, let us know! Contact Franziska Rook!
Supporting HHL from Norway Preben Lybbek (M4) welcomed HHL Alumni Officer
Franziska Rook during a private trip to Norway. Preben is
the only alumnus from HHL who currently resides in
Norway (that we are aware of) thus he was eager to
reminisce about his studies in Leipzig and to learn about
the changes at HHL.
Preben really enjoyed his time in Leipzig and stayed there
beyond his study time, also due to his wife playing handball
for the University of Leipzig. Eventually, he and his wife
returned to Oslo, where he now works for DnB NOR ASA.
Save the date: Homecoming , 3rd weekend in October, 16. – 18. 10.2009
Don't forget to save the date for the homecoming this year. Among others we will visit the production side
of the new Porsche Panamera and have a first‐hand discussion with the Porsche Management.
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HHL
HHL’s blog online A couple of weeks ago our new blog went online .
• Did you know that due to refurbishment
HHL’s mensa is closed?
• Do you wonder about the upcoming
activities of HHL's Program International
Entrepreneurship?
• Are you curious about where HHL's M.Sc.
students take their internship?
Please read more here
http://www.hhl.de/wordpress/
With the blog, which is both in English and German, we would like to strengthen HHL's brand and give it a
more personal style. Submit a post to HHL's blog and tell your special story!
To submit a blog post or simply a photo with a caption, simply get your personal access data via
Blog posts, comments and suggestions about our blog: We look forward to hearing from you!
Stay tuned to HHL's new blog!
Volker Stößel
Follow HHL on Twitter and Facebook
You can now follow HHL on Twitter and Facebook!
On Facebook, you can join our fanpage “HHL – Leipzig
Graduate School of Management” – we need 1000 fans to
start a public site so HHL needs your support.
You can follow our news updates on Twitter via HHLnews.
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Graduation 2009
On July 25, HHL graduated 130 students from the Diplomkaufmann,
M.Sc., MBA, and Doctoral programs.
If you were unable to attend the Graduation Ceremony, you can view it
online at http://www.lecturio.de/e‐
vorlesungen/videoplayer/evorlesung/hhl‐graduierung‐2009‐im‐congress‐
center‐leipzig.html
Pictures of the Graduation Ceremony are available at
http://www.pixum.de/viewalbum/id/4414093
Wonderful pictures of the Graduation Ball, celebrated at Parkschloss
Leipzig, are available at http://www.pixum.de/viewalbum/id/4417639
New Students at HHL
Welcome to 153 new students from 26
countries who commenced their studies
at HHL ‐ Leipzig Graduate School of
Management on September 8, 2009.
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New Chair of Economic and Business Ethics established at HHL
concept of economic and business ethics which
advances integrative research and teaching on a number of levels. The main focus of the concept is the
Golden Rule, that is: Invest in the conditions of cross‐generational social co‐operation for mutual
advantage." The chair is firmly integrated in the HHL research structure which encompasses all the core
subjects of business administration and economics, and will be a central element in the management
education, helping to sharpen students' awareness of economic and business ethics issues. Suchanek
explained: "Co‐teaching is particularly important in this respect. It means for example that an ethicist
comes into a marketing course and discusses with the lecturer and the students about the challenges
involved in building up markets for people on lower incomes." Aside from attracting third‐party funding,
the chair will also work on developing interdisciplinary and international co‐operation with a wide range of
partners.
The importance of economic ethics in both theory and practice was underlined by Dr. Konrad Schily,
Chairman of the Board of Trustees for Business Administration at the Dr. Werner Jackstädt Foundation:
"The economy defines our world. It's not just the most recent upheavals caused by the financial crisis that
have shown us that we need to develop and apply ethical principles in business."
The new chair will pick up exactly where the DOW Research Professorship for Sustainability and Global
Ethics at HHL, which was sponsored by DOW Deutschland, left off.
For further information: www.hhl.de/ethics
Legitimacy, trust and credibility are essential for
the creation of economic value. Yet they have
played only a minor role in economic research and
teaching until now. Dr. Werner Jackstädt
Foundation to provide EUR 1.5m endowment for
the Chair of Economic and Business Ethics from
September 1, 2009 for five years. German
Stifterverband supports the endowment.
Prof. Dr. Andreas Suchanek, holder of the Dr.
Werner Jackstädt Chair of Economic and Business
Ethics said: "The chair's goal is to further develop a
HHL Start‐up career fair
For the first time, HHL invited it´s start‐ups for a career fair to
Leipzig. This new offering for companies from HHL graduates
younger than five years was introduced as a result of
discussions from the “HHL‐Unternehmerstammtisch” and the
wish to have a possibility for start‐ups to get in closer contact
with current students and graduates.
Organized by Career Services around Melanie Janke and Kati
Dorsch, the career fair got one of the popular first spots for
company presentations – free of charge. The six presenters
were Joachim von Massow with SunCoal Industries, Malte Paul with Playnik, Florian Jäger with flymedic,
Martin Schlichte with Lecturio, Christian Angele with imedo.de and Lukasz Gadowski with Team Europe
Ventures.
The presentations and discussions with the over 70 attending students continued throughout the evening
with a get‐together and BBQ in front of HHL. As Florian Jäger stated, “a great opportunity to network with
potential employees and interns ‐ but also with the other start‐ups”. And surely an event, HHL will continue
to offer in the following years.
Stephan Stubner
Support for Saxonian entrepreneurs by ESF
The European Social Fund (Europäischer Sozialfonds) is supporting
students, university graduates, and scientists with innovative
entrepreneurial ideas via the SEED Scholarship. A monthly stipend of
up to EUR 2500 that covers living expenses is offered for a maximum
duration of twelve months.
Eligibility requirements (among others):
You are part of an entrepreneurial team
You have your main or secondary residence in Saxony
At least one member of the team has proven business skills
The pursued idea must have present lasting economic success
You were a significant participant in the creative process
University graduate (graduated no longer than 5 years ago)
More information: www.esf‐in‐sachsen.de
ESF also covers 80% of the cost of the part‐time MBA Program if the candidate’s company is a small to
medium sized company working out of Saxony. Please pass this information on to anyone you think is
suitable for the HHL part‐time MBA Program. The application deadline for the part‐time MBA Program is
November 01, 2009. Contact Petra Spanka [email protected] for more information!
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New family business study: success factors in the crisis
Fresh off the press come the results from a study which the chair has conducted in cooperation with
Munich‐based Alphazirkel, a family business oriented organization. Over 200 family businesses from
Germany participated in a study that aimed on identifying the impact of the crisis on management behavior
and to derive the success factors to survive the current downturn. Our results show that family businesses
are indeed affected by the crisis, but that the impact is not as severe as indicated by the press in recent
months. Surprisingly, most stated that access to financial capital has not worsened significantly and we can
see from our surveys that the outlook in general is quite good. Family businesses have stayed focused on
their strategic approaches also in the crisis, only making minor adjustments to defend their market
positions. For example, they currently focus less on growth initiatives and make more use of financial
measures like cash‐flow for managing the company.
The full results will be published soon and presented at events with the Alphazirkel in Munich and the
industrieverein Sachsen 1828 in Chemnitz in December. For more information on the study or the events
please contact our chair at [email protected]
News from the Department of Strategic Management and the International
Entrepreneurship Program
Brunswick Communication – Speech on Trends in Strategic Management:
On invitation of Brunswick Communication, a leading agency on corporate communication, Torsten Wulf
held a speech in August. In front of an audience of two dozen communication directors of German large‐
cap firms, he outlined new directions in strategic management research and teaching and discussed the
challenges they pose on the communication of firms. In this speech, Torsten Wulf integrated latest findings
regarding ambidexterity and sensemaking in organizations.
Douglas Holding – Workshop on Strategic Planning in uncertain times:
For the top management of Douglas Holding, Torsten Wulf conducted a workshop on strategy. Hbe
discussed a full day about strategic planning in uncertain times, strategy initiatives and their
implementation. Latest research findings from the Center for Scenario Planning and our family business
research could be integrated in this event and were instrumental to lead the discussions.
European Academy of Management – EURAM, Liverpool (UK), May 2009: Torsten Wulf and Stephan
Stubner presented a paper on Executive succession in the corporate governance track of the biggest
European management conference.
Academy of Management ‐ AOM, Chicago (USA), July 2009: Torsten Wulf and Stephan Stubner presented
two papers at this years’ academy meeting, the most important conference for management scholars with
8.000 visitors. The first paper “Executive Succession and Firm Performance ‐ the Role of Position‐Specific
Skills” was presented by Torsten Wulf in front of an audience of leading international scholars on Executive
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Succession. Stephan Stubner discussed the paper “Private Equity and Family Business ‐ can investors add to
the success of former family firms?" in an interactive paper session with experts on family business
research.
G‐Forum Entrepreneurship Conference, Leipzig, October 2009: Several papers of the chair have been
accepted at this years’ G‐Forum which is this time hosted from Leipzig University. This leading German
conference on Entrepreneurship and Family Business is an excellent opportunity to connect with the
German research community and sharpen HHL’s image as an entrepreneurial Business School. The
accepted papers are e.g. „Unternehmernachfolge in Familienunternehmen ‐ Untersuchungsmodell zur
Analyse von Problemfeldern bei der Übergabe der Führungsrolle“, „The Performance Implications of Fit
between Strategic Behavior and Organizational Structure in Family Firms“ and „The Strategy‐Performance
Linkage and Ambidexterity Orientation in Small‐ to Medium‐sized Enterprises“.
Besides these events, we had papers accepted at the Babson Entrepreneurship Research Conference –
BCERC and the ifera‐international family enterprise research association annual meeting.
EURAM doctoral colloquium mentorship:
Stephan Stubner was invited to support the EURAM doctoral colloquium in Liverpool as a senior researcher.
Besides reviewing extensively for the colloquium, he also conducted two workshops to discuss current
research of European PH.D‐students and coached them on the further development of their projects.
Junior Faculty Workshop:
Stephan Stubner was invited to attend the Junior Faculty Workshop of the Entrepreneurship division at the
AOM meeting in Chicago. Hosted by De Paul university, he spent a full day with discussions and
presentations from senior professors in the Entrepreneurship field and networked with fellow assistant
professors from London Business School, Thunderbird, University of Chicago, Babson College and others.
MBA‐Global Immersion Trip to Shanghai:
In September, Torsten Wulf and Henning Blarr accompanied the part‐time MBA class to Shanghai, China. In
a week fully packed with events the 36 participants visited Tongji University and nine different companies
including Leica Microsystems, Shanghai International EXPO Center and Arvato Services. The Global
Immersion Trip is integral part of the part‐time MBA program and focuses on experiencing business in an
international context first hand.
New MBA class M10 starts with 37 students:
Torsten Wulf, Academic Director of the MBA programs at HHL, welcomed the new class in September. This
year we are happy to enroll 37 students from a variety of backgrounds and nationalities. Next to Germany,
we welcome students from Belgium, Canada, Chile, China, Columbia, India, Lebanon, Philippines, Russia,
Turkey, Uganda, USA, and many more. Their prior experience include e.g. engineering, fine arts,
psychology, music, humanities, science and commerce. This fall , complementary to current HHL
chairholders they will also have courses with guest professors Rickards, Diamond, Tunnard and
Hungenberg.
New MBA course “Managing Public Relations”:
HHL now offers the unique course “Managing Public Relations”, taught by Hannes Külz, journalist (e.g. at
Financial Times Germany, Handelsblatt, Welt am Sonntag). Since practical skills are indispensable in PR,
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groups of students undertake field trips and visit the PR executives of major Leipzig companies and present
the findings from these field trips to their co‐students. Furthermore, during a crisis simulation game, groups
of students represent various stakeholders of a company and elaborate their communication plans.
HHL Executive Education continues to be on growth path:
The chair also supports in the growth of HHL Executive Education through development of courses and
programs, discussions with potential clients and the supervision of programs in academic directorships.
Recent activities where the chair was active in the development and the conducting of trainings included:
‐ GMP: First open executive program at HHL, the GMP‐General Management Program
‐ Douglas Holding: Customized program for Top Management training
‐ Stadtsparkasse Leipzig: Customized program for Top Management training (Management Board)
‐ Stadtwerke Leipzig: Customized program for Top Management (Management Board, Unit Directors)
and High Potential training
‐ TRM Center at University of Leipzig: Foundations of Management training for Researchers
Summary of Entrepreneurship News: (for full news please contact [email protected] to be included
in the mailing list of the entrepreneurship newsletter):
‐ Almost 50% of diploma students and over 90% of MBA students chose Entrepreneurship courses
‐ Start‐up career fair hosted on September 15 with six HHL‐start‐ups (www.imedo.de,
www.flymedic.de, www.playnik.com, www.teameurope.net, www.suncoal.com, www.lecturio.de)
‐ VC firm Grazia Equity hosted business plan competition
‐ 2nd round of Executive MBA HHL‐TU Munich started
‐ HTGF invests 500.000 € in Playnik
‐ Playnik wins Internet World award 2009
‐ Lecturio wins ugb award
‐ ….and many others
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HHL Information Day and After Work events The new school year has started and HHL’s marketing
activities are picking up speed again. HHL will present
its study programs at many national and international
educational fairs.
HHL’s Information Day will take place October 23,
2009 (Friday) and we are looking forward to your
support. Let us know if you are in town and would like to talk about your experience after graduation!
Simply contact [email protected] – supporting HHL for this event will be a great opportunity to foster
your network and to get to know smart individuals who are just starting out on their path to success.
Other events we are looking forward for your support are:
HHL After Work Session, Munich, October 27, 2009 (Monday), 6p.m.
HHL Brunch and Information Session, Frankfurt, October 31, 2009 (Saturday), 9:30 a.m.
We are looking for motivated alumni from all programs who would like to share their study experience with
prospective students. These sessions are in junction with HHL’s presentation at the World MBA Tour study
fairs.
Interview: HHL’s doctoral program – a success story
Established in 1996, HHL’s doctoral program has produced 77 graduates to date and, with
89 candidates currently enrolled, it is growing fast. In an interview with HHL news, Dr. Emilio Matthaei
(K16) tells about his dissertation project, the research journey and the great opportunities that HHL has
offered to him.
What is your dissertation about?
Dr. Matthaei: My thesis “The Nature of Executive Work” presents what executives do. The research focused
on the activities of senior executives of global organizations and proposes role models on how to operate
and integrate the business, as well as how to span boundaries across organizations. I am very grateful to
the Peter Pribilla Foundation for their financial support of this project.
Did you connect up with other research institutions?
Dr. Matthaei: My research has been a journey so far. In parallel to my doctoral studies at HHL, I worked as a
Research Associate at HHL and then the Friedrich‐Alexander University of Erlangen‐Nürnberg (FAU).
Moreover, I very much enjoyed my final year as a DAAD research scholar at the University of Oxford.
What opportunities did HHL offer you?
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Dr. Matthaei: I had the chance to learn from outstanding academics at HHL, in particular my doctoral
supervisor Professor Dr. Kathrin M. Möslein. Throughout the years at HHL, I was exposed to the topics
strategy, innovation, and entrepreneurship. Also, I worked on several research projects funded by the
BMBF (Federal Ministry of Education and Research) and the Stifterverband für die Deutsche
Wissenschaft. Results of one project on entrepreneurs and small and medium‐sized companies have
recently been published entitled “Strategies for Innovators” (Gabler 2009) with Professor Dr. Kathrin M.
Möslein.
DAAD supports German scientists planning to return to Germany
The DAAD (German Academic Exchange Service) program
"Rückgewinnung deutscher Wissenschaftler aus dem Ausland“
targets doctoral students in the final stages of their dissertation, post
doctorates, and scientists currently teaching abroad who wish to
return to Germany.
A travel allowance, and a returnee stipend, help the grantees to be
re‐integrated in the German scientific community.
Contact Ms. Kirsch [email protected] for more information!
New publication by HHL’s Center for Leading Innovation & Cooperation (CLIC) Co‐
Director Prof. Dr. Kathrin M. Moeslein
In line with the project “Open‐I” ,organized and managed under the
direction of the Center for Leading Innovation & Cooperation (CLIC) at
HHL, the book “Kommunikation als Erfolgsfaktor im
Innovationsmanagement” ‐ Strategien im Zeitalter der Open Innovation
written by Prof. Kathrin M. Moeslein and Prof. Dr. Ansgar Zerfass has
recently been published.
The book gives a focused insight on current concepts of innovation
management and its link with necessary communication skills. New
products, service performance and technology are the keys to
advancement and competitiveness. Success to achieving these is
increasingly dependent upon 2 aspects. The first is putting leading
theories and concepts of open innovation and creation of value into
practice. Secondly, suppliers, customers, employees and network partners are strengthened and integrated
into the early phases of idea generation and implementation. This publication provides a stepping‐stone
between communications and innovation management and offers a concise introduction into the theme.
Trendsetting innovation concepts are also introduced, such as state of the art innovation communication,
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case studies of notable businesses and theoretical views from an economic and communications‐scientific
prospective. Empirical results of the first German study of the roll of communication as a success factor in
innovations management from tech businesses convey a comprehensive insight.
The book’s target audience includes decision makers in industry and service performance businesses, as
well as those in the technology and communications areas. The book is also a fine reference for scientists
and students of innovation management, communications and public relations.
The book can be ordered at Gabler Verlag: http://www.gabler.de (ISBN: 978‐3‐8349‐1659‐4; EUR: 59,90)
For further information about the project Open‐I please go to http://www.open‐i.org .
HHL Open School Case Book has recently been published Prof Kathrin M. Moeslein and HHL Almnus Dr. Emilio Matthaei authored
the case book “Strategies For Innovators” presenting key learnings from
successful strategic innovators in various industries.
The case book is dealing with topical marketing and business challenges
facing today’s business world. The book is divided into several sections
and uses 7 regional case studies to illustrate each topic and raises specific
questions for educators and students alike. Beginning with venture
creation, the books thoroughly examines the intricate process with
eventually leads to open innovation, the main topic of the book. Each
section examines how different companies have implemented these
procedures and the results that open innovation has had in the specific
marketplaces. With detailed graphs and tables, the book clearly conveys its message to the reader through
both analytical and substantial evidence. Finally the book has complemented its large amount of research
with unique insights from the companies’ executives, providing a real‐life account of the theory in action.
For more information how to get your copy please see http://www.gabler.de or contact Gabler Verlag via
Fax: +49(0)611.7878‐420 ‐ ISBN: 978‐3‐8349‐0761‐5; EUR 29,90 (+shipping and handling)
Publication on Hybridvalue Creation in “CLIC Executive Briefing
Notes“ Series
SPRINT is a research project, funded by the German Ministry of Research
(BMBF), in the field of Hybrid value creation. Hybrid value creation is the
process of generating additional value by innovatively combining products
(tangible component) and services (intangible component). SPRINT
researched on preventive healthcare industry. As part of the project goals,
together with four other BMBF funded projects, we published a brochure on
Hybrid value creation. The brochure contains state of the art research in this
field. Results from all the projects can be also found in this brochure.
Vivek Velamuri
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From China to Chile: HHL Summer Program on EU enlargement well attended again This year’s Summer Program at HHL on EU
enlargement was held from 27 July to 8
August, and was once again well attended,
with 22 participants from 10 different
countries. The program itself was held in
English at HHL in Leipzig and at Vysoká
Škola Ekonomická in Prague, while the
students came from HHL partner
institutions such as Universidad de Talca
(Chile), Instituto Tecnológico Autónomo de
México (Mexico), University of Chicago
Booth GSB, University of Louisville, Emory
University (all USA), Instituto de Empresa
(Spain) and Lanzhou University (China).
Learning on the basis of common economic and political ground
The goal of the Summer Program, which has taken place annually since 2001, is to give students an
awareness and a set of appropriate skills which will enable them to build up business relations in the
enlarged European Union, and particularly in Central and Eastern Europe.
The curriculum included a visit to Porsche Leipzig and a comparison visit to Škoda Prague: Also included
was a presentation by the Deutsche Bank on the introduction of the Deutschmark in East Germany after
1990 and on the introduction of the Euro in Germany, and a parallel visit to the Czech National Bank as it
prepares to introduce the Euro in the Czech Republic. Despite the current crisis in the financial markets, Vít
Bárta, advisor to the Vice‐Governor at the Czech National Bank, declared that, “The Czech financial system
remains stable and public confidence in banking institutions persists.”
The differences between Germany and the Czech Republic with regard to the conditions for setting up
businesses were also discussed, as were political comparisons between effects of the reunification of
Germany and the splitting up of Czechoslovakia.
Keynote presentations given by the students themselves meant that the participants learned not only
about economic and management issues but also about cultural differences between the different
countries represented at the Summer Program.
Social Impact of multinational corporations Poverty is among the most pressing global issues – one billion people are still living on less than one dollar
per day. The Millennium Development Goals (MDGs), developed by the United Nations, defined a path for
addressing economic, social and environmental dimensions of poverty, expecting not only governments of
developing countries, but also private sector companies, operating in those countries, to play a vital role in
alleviating poverty. Multinational Corporations (MNCs), in particular, are contributing to development to a
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large extent. Their social impact through business activities and their commitment for the communities are
far from being negligible, but often enough they are not sufficiently visible to the global public.
Part of the research focus of Martina Wuttke, Research Associate at the Chair of Microeconomics, is on the
social impact of MNCs in India, in particular on how these companies directly and indirectly address the
economic, social and environmental dimensions of poverty through Corporate Social Responsibility. In
order to gain a deeper insight into the CSR picture in India, and to strengthen the empirical evidence of CSR
as business case, Martina Wuttke conducted a study in India in July 2009, including interviews with CSR
directors of Indian and international global players and leading NGOs, engaged in respective areas. The
outcome of this study in form of several case studies will be an academic contribution to the attainment of
the MDGs in the sense of bringing light into the current CSR practices and its impact on poverty alleviation
as a starting point for further social and political action. Vivek Velamuri
Monday Demonstrations in Leipzig – 20 years after
celebrate the Lichterfest, an event that
Monday demonstrations. That day in
streets of Leipzig to demand their rights.
police men and soldiers. The atmosphere
if this march would take a violent
and more Monday demonstrations
West Germans reunited on the streets
Leipzig on October 09, 2009 and
More information: www.herbst89.de
On October 9, 2009, Leipzig will
commemorates one of the first big
1989, 70.000 people walked the
They were faced by 8000 armed
was tense and people were unsure
turn.
In the end, peacefulness prevailed
followed. A month later, East and
of Berlin.
If you have the chance, come to
experience the Lichterfest.
Also, a new movie called “Das Wunder von Leipzig” is out. It depicts the summer and fall of 1989 and lets
eye witnesses speak. It was previewed during the Leipzig Week in London and has already been shown by
Arte. In October, it will be aired by MDR, and more stations are to follow. The movie is intense in parts but
certainly worth to see.
October 2009
November 2009
Upcoming events
05.‐09.10.09 New Orleans, USA, Prof. La Mura at Workshop on Informatic Phenomena
06.10.09 London, GB, HHL Alumni London Chapter Meeting
13.10.09 Frankfurt, Germany, Alumni/FinExpert get together, 6:30 p.m.‐10:30 p.m.; key note
speech delivered by Christian Strenger (Board of Directors DWS; Chairman Private
Investors Group of Worldbank)
16.‐18.10.09 Leipzig, Germany, HHL Homecoming – Save the Date!
21.‐23.10.09 Venice, Italy, Prof. La Mura at 1st International Conference on Algorithmic Decision
Theory presenting paper “Game Theory without Decision‐Theoretic Paradoxes”
23.10.09 HHL Information Day
24.10.09 Istanbul, Turkey, HHL @ World MBA Tour
26.10.09 Munich, Germany, HHL @ World MBA Tour
29.10.09 Berlin, Germany, HHL @ World MBA Tour
30.10.09 Paris, France, Prof. La Mura at Theory Seminar of the Paris School of Economics, topic
of paper tbc
31.10.09 Frankfurt, Germany, HHL @ MBA World Tour
18.11.09 Jena, Germany, HHL @ FKG Jena
25.‐26.11.09 Cologne, Germany, HHL @ Absolventenkongress
If you would like to have your event being added to our Alumni calendar please send a short description of
the event along with the dates to [email protected] and [email protected]
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