Featured Panelists

picture of Andrew Campbell Andrew Campbell Ashridge Business School

picture of


picture of Ulrich Pidun Ulrich Pidun Boston Consulting Group

picture of Kulwant Singh Kulwant Singh National University of Singapore


Impressions of Freiberg's historical silver mine.Impressions of Freiberg's historical silver mine.Impressions of Freiberg's historical silver mine.Impressions of Terra Mineralia.Impressions of Terra Mineralia.Impressions of Terra Mineralia.

Extension 1: Dresden/Freiberg, Germany
Friday, October 5, 2012

Location:

Theme:

Organizers:


picture of Dieter Heuskel Dieter Heuskel The Boston Consulting Group GmbH

picture of Michael Nippa Michael Nippa Free University of Bozen-Bolzano


Supported by:


Despite many theoretical and partly empirically supported calls to disintegrate diversified corporations, multi-business firms are rather the norm than the exception. Corporate strategy, defined as the overall vision and strategic plan for managing a portfolio of businesses, hence, should be at the center of strategic management research. However, one is inclined to assent Michael Porter’s 1996 statement that corporate strategy is the stepchild of contemporary management practice as there is still no consensus about what it is and how to formulate and implement it (beyond a broad diversification – performance literature).

Interesting questions that may be discussed are for instance:

  1. Are there any other theories beyond Agency Theory, Transaction Cost Theory, and RBV that explain and predict certain forms of corporation?
  2. How to measure best ownership or HQs value add in a world of uncertainty?
  3. What determines the strategic choice of a certain corporate parenting strategy?
  4. To what extent do recent and possible future financial turmoil impact corporate strategies? What can we learn from the recent financial crisis regarding risk advantages from corporate diversification?
  5. If relatedness is key for explaining synergies and other kinds of parenting advantages, do we need to develop a Relatedness Theory?
  6. What kind of methods are needed and feasible to focus on processes of Corporate Strategy formulation and implementation?
  7. Should academia care about calls from corporate practitioners to develop sophisticated tools for managing a diversified portfolio of businesses or is this the task of top management consultants?
  8. Which other/new models for cooperation between businesses will compete with the multi-business firm if transaction cost will further decline (e.g., virtual supply chains, networks)
  9. Quo vadis Private Equity Firms - Is there one dominant business model or does equifinality rule?
  10. What does it take to put corporate strategy more into the focus of strategic management research?

It is intended to supplement and adapt these exemplary questions in order to develop a set of key hypotheses and/or provocative issues that help to initiate a fruitful discussion among participants. Please send your ideas, questions, proposals to: nippa@bwl.tu-freiberg.de.

The Prague Conference Extension at TU Freiberg will bring together a panel of scholars of various perspectives and experiences as well as prominent researchers interested in corporate strategy. This extension pursues two main objectives: First, to discuss and develop topical and future research avenues of corporate strategy. Second, to enable networking and to spur the exchange of thoughts and individual experiences both, about and beyond the theme. The location promises to offer an almost perfect ambience to link past achievements with needs for future research. Freiberg University, founded as a mining school in 1765, defines itself as the “The Resource University” and claims to be the inventor of ‘sustainability’. Participants will obtain the opportunity to visit the historical silver mine or one of the world's largest collections of minerals.

We are able to accept up to 40 participants for this workshop and their acceptance will be based on a first come, first serve basis.

Dresden/Freiberg Workshop Program

Thursday, October 4th, 2012
Individual arrival in Dresden
Friday, October 5th, 2012
Workshop and Social Program in Freiberg and Dresden
8:00
Departure of the tour bus from Dresden to Freiberg
Meeting point: Statue of King John at the Theaterplatz in Dresden, near the Semper Opera House.
9:00 – 9:30
Welcome
9:30 – 11:00
Interactive Workshop
11:00 – 11:30
Coffee Break
11:30 – 13:00
Interactive Workshop
13:00 – 14:00
Light Lunch
14:15 – 16:45
Tour to personally experience the historical underground silver mine

Reiche Zeche”, only available in German, but PhDs will translate.

Quick facts:

  • Operational since the 14th century, used today as a teaching mine and for visitors
  • Length: 14 km, Depth: up to 230 m

Alternative program: Tour to visit “Terra Mineralia” – Freiberg's famous minerals exhibition.

Quick facts:

  • One of the world's largest collection of minerals and precious stones
  • Permanent exhibition located in the historical “Schloss Freudenstein” in Freiberg's city center
17:00 – 18:00
Bus transfer to Dresden
20:00
Guided dinner & wine tour through Dresden's historical highlights
  • Discover the myth and the delicacies of the Dresden's 18th century
  • Walk through the old town starting at the “Zwinger”
  • Starter in the vault restaurant “Pulverturm” in the renowned “Coselpalais”
  • Tasting of some of the best Saxon wines
  • Dinner in the famous “Sophienkeller” located in Dresden's “Taschenbergpalais”

Travel Information

  • Travel to and from Dresden by airplane:
    (www.dresden-airport.de)

    • Frankfurt: daily
    • Düsseldorf: daily
    • Munich: daily
    • Zurich: daily
    • Hamburg: daily
    • Cologne: daily
    • Stuttgart: daily
    • Palma (Mallorca): daily
    • Basel: 4x/week
    • Moscow: 4x/week
  • Travel to and from Dresden by train:

    selected connections, (www.bahn.de)

    • Prague (direct, 2-3 hrs)
    • Frankfurt (direct, 5 hrs)
    • Munich (1 change, 6 hrs)
    • Hamburg (direct/1 change, 4-5 hrs)
    • Berlin (direct, 2-3 hrs)
    • Leipzig (direct, 1-1.5 hrs)
  • Travel to and from Dresden by bus:

    daily connections,
    (www.touring.dewww.berlinlinienbus.de)

    • For example Dresden – Prague (2 hrs)

Suggested Accommodation:

Ibis Hotel Dresden

  • Location: Prague Street
  • Rates: from 48 Euros

NH Dresden Altmarkt

  • Location: Near Altmarkt
  • Rates: from 95 Euros

INNSIDE Dresden

  • Location: Near the Frauenkirche
  • Rates: from 139 Euros

Hilton Dresden

  • Location: Near the Frauenkirche
  • Rates: from 139 Euros

QF Hotel Dresden

  • Location: Near the Frauenkirche
  • Rates: from 169 Euros


Strategic Management Society

Prague