How to avoid US$106bn excess inventories in the next economic crisis
y to sudden drops in demand that were observed after that start of the financial crisis. While many firms have allowed inventories to creep up significantly, other firms have carefully managed inventories [...] researchers have analyzed how firms have managed their inventories in the Financial Crisis to free up cash and to avoid inventory surpluses. The findings suggests that firms need to be aware, motivated [...] firms. The data shows that average inventories (measured in days of supply) peaked one year after the start of the crisis and typically only recovered 18 months into the crisis. Excess inventory of those firms
Psychology of Leadership – New Book and Online Course
meetings be held? How can organizational culture be shaped? KLU professor Niels Van Quaquebeke teamed up with renowned German publishing house ZEIT Verlag to produce a practice-oriented book and online course [...] in psychology. “You have to know who you are, what you stand for, and why you lead before you can start to lead and motivate others,” explains Van Quaquebeke. “Leading other people is not about being the
KLU Start-Up Day 2019
engaging discussions: KLU’s Start-Up Day 2019 provided an extensive overview of fresh ideas and new solutions in the logistics sector. The event that started in 2017 with just 11 start-ups saw 300 attendants and [...] and more than 40 start-ups in its third edition on February 8, 2019. We’ll continue the tradition!
How KLU Alumnus Kim Developed His Own App in Mexico
quite some experience when it comes to living, studying, and making friends abroad. In Mexico, he started developing his own app. Sport12 brings solitary athletes together to join a game. Kim Kaiser knows [...] undertaken an internship in Madrid. But it was that semester abroad in Mexico that seems to have kick-started Kaiser’s passion to pursue developing his own sports app, Sport12 . Kim couldn’t wait to return [...] your own club.” To make his idea a reality, Kim spent a year participating in an incubator program, Startup México, which helped him with legal and financial support. “Obviously, this stuff is quite difficult
Moving and Changing Like Logistics: The KLU Start-Up Day 2019
exchange between logistics start-ups. Having started in 2017 with 11 start-ups, this year’s third edition of the event, held on February 8, attracted more than 40 start-ups. Three parallel sessions presented [...] major achievement since international start-ups have to put up with a longer trip in order to present here. Besides these fresh faces, were there any returning start-ups from last year? HF: We had, for example [...] do you draw the line when it comes to a company being a start-up or not? HF: It is young, small start-up companies we want to look at. A start-up should be new, innovative in terms of a cutting-edge technology
Money Isn’t Everything… Professor Prisca Brosi talks about pay systems in the 21st century.
changes need to be made? When discussions about the fairness of the current pay system keep cropping up, that is when I know something has gone awry. Whatever the pay system in place, it is not compatible [...] it will prove to be a major source of tension. What is a common pitfall for companies when they start revising their pay systems? Quite often there is a lot of upfront discussion about pay. Everyone agrees [...] resources and in particular pay plans are rarely if ever met with the same scrutiny. If companies start revising their system, management perceives its employees saying, “they are tampering with our salaries
Maximilian’s Master Flight
way he has a job waiting for him after graduation. Putting Theory into Practice Before Maximilian starts writing his thesis in his fourth semester, he will have the opportunity to complete an internship [...] Airbus, Maximilian communicates with many international colleagues, so it is important for him to stay up to speed. Students Stick Together At KLU English is the obvious choice to hold classes and seminars
Boot Camp 2019: The Student Experience
about these technologies, to understand how they work and how they can be implemented, and to come up with solutions that use these technologies”, explained Raphael. The personal contact with executives [...] companies here.” And the participants feel that a new approach or a bright idea might well be picked up by the company. “They are taking our ideas seriously,” said Milan. “This is more than a university [...] never been done before, that’s not an easy task. You have to get rid of all the ‘normal’ thoughts and start being creative, innovative, visionary.” Ready-to-use technology Dealing with things like Artificial