IMD business school for management and leadership courses

The pressure to act is real, but the path forward isn’t always clear. With the rapid evolution of AI, GenAI, and agentic AI, the questions pile up: Where do we start? What’s hype vs. what’s real? How do we ensure this drives value — not risk? At IMD, we help senior leaders cut through the noise and turn AI into real business impact.

Organizations should focus on three essential dimensions of AI adoption: business value, data, and people. Together, these elements form a value-data-people framework, a structure for conceptualizing the critical questions that decision-makers must address. What value does the organization aim to create with AI? Does it have access to the required data? And how will employees and stakeholders perceive and adapt to the changes?

 - IMD Business School
José Parra Moyano
Professor of Digital Strategy

Some businesses are accelerating. Others are stalling.
The difference is leadership.

A growing divide is emerging across industries:

  • Companies like Securitas are leveraging AI to drive transformation at scale — aligning strategy, operations, and culture around intelligent technologies.
  • Meanwhile, others are stuck in isolated pilots, struggling to translate AI ambition into measurable business impact.

Businesses that embrace AI are leading. The rest are catching up or falling behind. They’re using AI for everything from repetitive task automation, work quality enhancement, and creativity and innovation. AI leaders aren’t just more efficient, they’re more innovative, more adaptive, and more competitive. Meanwhile, those that delay are left reacting to changes they didn’t initiate. They struggle to attract talent, lose ground to faster-moving competitors, and risk becoming irrelevant in markets shaped by digital and AI disruption.
In this new era, embracing AI isn’t optional. It’s a defining characteristic of the leaders who are shaping the future, while the rest scramble to catch up or risk falling irreversibly behind.


José Parra Moyano
Professor of Digital Strategy

From adding efficiencies in current processes to completely reinventing how organizations address strategic issues, AI is already impacting businesses the world over.

Amit Joshi Professor of AI, Analytics and Marketing Strategy

It’s not access to technology — it’s executive leadership.
Organizations that succeed are those where senior leaders understand AI, embrace GenAI and agentic AI, and know how to embed these technologies into their unique business models.

Securitas case study

Securitas transformed from a traditional guarding company into a digital-first, data-driven security leader.

In 2018, IMD helped Securitas redefine its strategic purpose and create a leadership-aligned transformation roadmap.

The result? A massive shift from <1,000 to over 130,000 digitalized client sites. The launch of Securitas Technology and Securitas Digital, integrating AI and data analytics into core services. The technology-driven revenue grew from 20% to 32%, supported by the $3.2B acquisition of Stanley Security.

IMD’s approach—listening deeply, challenging assumptions and aligning us behind a shared purpose—helped reshape not just our strategy, but our organization.

Magnus Ahlqvist CEO, Securitas AB

“Leaders who bridge the gap between sustainability initiatives and business strategy will shape the future. ” 

Academic publications
More academic publications
Article
Optimizing omnichannel assortments and inventory provisions under the multichannel attraction model

Assortment optimization presents a complex challenge for retailers, as it depends on numerous decision factors. Changes in assortment can result in demand redistribution with multi-layered consequences. This complexity is even more pronounced for omnichannel retailers, which have to manage assortments across multiple sales channels. Choice model…

General Management
By Andrey Vasilyev, Sebastian Maier and Ralf W. Seifert
in European Journal of Operational Research
August 2025, vol. 324, no. 3, pp. 799-813, https://doi.org/10.1016/j.ejor.2025.01.035
Optimizing omnichannel assortments and inventory provisions under the multichannel attraction model
By Andrey Vasilyev Sebastian Maier and Ralf W. Seifert
in European Journal of Operational Research August 2025, vol. 324, no. 3, pp. 799-813, https://doi.org/10.1016/j.ejor.2025.01.035
Summary
Assortment optimization presents a complex challenge for retailers, as it depends on numerous decision factors. Changes in assortment can result in demand redistribution with multi-layered consequences. This complexity is even more pronounced for omnichannel retailers, which have to manage assortments across multiple sales channels. Choice model…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The role of artificial intelligence capabilities in enhancing export performance: A study of ambidexterity and dynamic capabilities

Considering ambidexterity and dynamic capability theories, the present study aims to examine the relationship between AI capabilities, export market exploration and exploitation, international marketing capabilities and export performance. Moreover, the moderating effect of environmental dynamism and competitive intensity is measured.

Artificial Intelligence
By Sachin Kumar, Vandana, Vinod Kumar, Sheshadri Chatterjee, Marcello M. Mariani and Alfredo De Massis
in International Marketing Review
3 June 2025, ePub before print, https://doi.org/10.1108/IMR-10-2024-0426
The role of artificial intelligence capabilities in enhancing export performance: A study of ambidexterity and dynamic capabilities
By Sachin Kumar Vandana Vinod Kumar Sheshadri Chatterjee Marcello M. Mariani and Alfredo De Massis
in International Marketing Review 3 June 2025, ePub before print, https://doi.org/10.1108/IMR-10-2024-0426
Summary
Considering ambidexterity and dynamic capability theories, the present study aims to examine the relationship between AI capabilities, export market exploration and exploitation, international marketing capabilities and export performance. Moreover, the moderating effect of environmental dynamism and competitive intensity is measured.
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The anatomy of family business conflict

Understanding conflict in family businesses is a complex but essential study area for practitioners and academics. To enhance theoretical precision and provide practical insights, this article presents a comprehensive framework of family business conflict that integrates perspectives from the family business, organizational, management, psycholo…

Customer Centricity Family Business
By Marco Mismetti, Barbara Del Bosco, Cristina Bettinelli and Alfredo De Massis
in Journal of Family Business Strategy
June 2025, vol. 16, no. 2, 100660, https://doi.org/10.1016/j.jfbs.2025.100660
The anatomy of family business conflict
By Marco Mismetti Barbara Del Bosco Cristina Bettinelli and Alfredo De Massis
in Journal of Family Business Strategy June 2025, vol. 16, no. 2, 100660, https://doi.org/10.1016/j.jfbs.2025.100660
Summary
Understanding conflict in family businesses is a complex but essential study area for practitioners and academics. To enhance theoretical precision and provide practical insights, this article presents a comprehensive framework of family business conflict that integrates perspectives from the family business, organizational, management, psycholo…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Balancing resilience and efficiency: A literature review on overcoming supply chain disruptions

The supply chain risk management literature differentiates between disruption risk that arises from supply disruptions to normal activities and recurrent risk that arises from problems in coordinating supply and demand in the absence of disruptions (Kleindorfer and Saad 2005). Over the past decades, significant research has been carried out to b…

Supply Chain Resilience
By Florian Lücker, Anna Timonina-Farkas and Ralf W. Seifert
in Production and Operations Management
June 2025, vol. 34, issue 6, https://doi.org/10.1177/10591478241302735
Balancing resilience and efficiency: A literature review on overcoming supply chain disruptions
By Florian Lücker Anna Timonina-Farkas and Ralf W. Seifert
in Production and Operations Management June 2025, vol. 34, issue 6, https://doi.org/10.1177/10591478241302735
Summary
The supply chain risk management literature differentiates between disruption risk that arises from supply disruptions to normal activities and recurrent risk that arises from problems in coordinating supply and demand in the absence of disruptions (Kleindorfer and Saad 2005). Over the past decades, significant research has been carried out to b…
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Boundary conditions for organizations in the Anthropocene: A review of the planetary boundaries framework 10 years on

We systematically review business research concerning the planetary boundaries framework: A natural science framework that identifies nine Earth system boundaries that govern the safe operating space for humanity. Ten years after the introduction of the planetary boundaries in business studies, we pose two critical questions: How has the planeta…

Sustainability
By Amanda Williams, Paolo Perego and Gail Whiteman
in Journal of Management Studies
June 2025, vol. 62, no.4, pp. 1811-1846, https://doi.org/10.1111/joms.13150
Boundary conditions for organizations in the Anthropocene: A review of the planetary boundaries framework 10 years on
By Amanda Williams Paolo Perego and Gail Whiteman
in Journal of Management Studies June 2025, vol. 62, no.4, pp. 1811-1846, https://doi.org/10.1111/joms.13150
Summary
We systematically review business research concerning the planetary boundaries framework: A natural science framework that identifies nine Earth system boundaries that govern the safe operating space for humanity. Ten years after the introduction of the planetary boundaries in business studies, we pose two critical questions: How has the planeta…
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Beyond corporate environmental disclosure: Tangible efforts or greenwashing? The case of Italian non-financial listed companies

Environmental claims are becoming increasingly common in corporate disclosures, but whether they correspond to genuine environmental action rather than greenwashing remains unclear. This paper explores the relationship between companies’ environmental claims and their tangible efforts in pursuing environmental sustainability objectives, proxied …

Sustainability
By Sara Ratti, Marika Arena, Giovanni Azzone and Laura Dell’Agostino
in Sustainable Development
29 May 2025, ePub before print, https://doi.org/10.1002/sd.3544
Beyond corporate environmental disclosure: Tangible efforts or greenwashing? The case of Italian non-financial listed companies
By Sara Ratti Marika Arena Giovanni Azzone and Laura Dell’Agostino
in Sustainable Development 29 May 2025, ePub before print, https://doi.org/10.1002/sd.3544
Summary
Environmental claims are becoming increasingly common in corporate disclosures, but whether they correspond to genuine environmental action rather than greenwashing remains unclear. This paper explores the relationship between companies’ environmental claims and their tangible efforts in pursuing environmental sustainability objectives, proxied …
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Research Information & Knowledge Hub for additional information on IMD publications

Latest awards & honors
More awards & honors
Report
NatWest Group and IMD: Igniting the transformation to a future-oriented learning organization

In 2022, the NatWest Executive Committee (ExCo) shifted its strategy to focus increasingly on growth. The previous 15 years had been spent on restructuring and reshaping following a government recapitalisation in 2008. For the ExCo to transform NatWest into a future-ready bank, it embarked on a four-retreat engagement with IMD to help it develop…

Organizational Learning Organizational Change Business Transformation Innovation
EFMD Excellence in Practice Awards 2025 Gold Award – Leadership Development Category
By Martin Fellenz, Goutam Challagalla, Howard H. Yu, Nancy Lane, Drazen Raguz and Victoria Kemanian
EFMD Excellence in Practice Awards, 2025
NatWest Group and IMD: Igniting the transformation to a future-oriented learning organization
By Martin Fellenz Goutam Challagalla Howard H. Yu Nancy Lane Drazen Raguz and Victoria Kemanian
EFMD Excellence in Practice Awards, 2025
Summary
In 2022, the NatWest Executive Committee (ExCo) shifted its strategy to focus increasingly on growth. The previous 15 years had been spent on restructuring and reshaping following a government recapitalisation in 2008. For the ExCo to transform NatWest into a future-ready bank, it embarked on a four-retreat engagement with IMD to help it develop…
EFMD Excellence in Practice Awards 2025 Gold Award – Leadership Development Category
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
Not so black and white: Grupo Inca’s black alpaca dilemma (B)

Picking up where Case A ends, Case B reveals that Grupo Inca decided to innovate internally and develop a new fabric from the rare black alpaca fiber. After nearly three years of effort, the Inoue brothers’ dream of creating a luxury collection from undyed black alpaca fiber became a reality. The collaboration between the Inoue brothers, Incalpa…

Social Innovation Business Ethics Sustainability
2024 EFMD Case Writing Competition Award – Responsible Business Category
By Vanina Farber, Carolina Duran Silva, Baris Silahcioglu, Hugo ten Zijthoff and Shih-Han Huang
Case reference: IMD-7-2610, © 2024
Not so black and white: Grupo Inca’s black alpaca dilemma (B)
By Vanina Farber Carolina Duran Silva Baris Silahcioglu Hugo ten Zijthoff and Shih-Han Huang
Case reference: IMD-7-2610 ©2024
Summary
Picking up where Case A ends, Case B reveals that Grupo Inca decided to innovate internally and develop a new fabric from the rare black alpaca fiber. After nearly three years of effort, the Inoue brothers’ dream of creating a luxury collection from undyed black alpaca fiber became a reality. The collaboration between the Inoue brothers, Incalpa…
2024 EFMD Case Writing Competition Award – Responsible Business Category
Reference IMD-7-2610
Copyright ©2024
Copyright owner IMD Copyright
Organization Grupo Inca
Industry Manufacturing, Textile
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
Not so black and white: Grupo Inca’s black alpaca dilemma (A)

Grupo Inca, a conglomerate that owned Peru’s leading textile business with a long history of working with alpaca fleece, was at a crossroads regarding the conservation and commercialization of black alpaca fiber. Historically, black alpacas were as common as their lighter-colored counterparts, but market preferences drove them to near extinction…

Social Innovation Business Ethics Sustainability
2024 EFMD Case Writing Competition Award – Responsible Business Category; The Case Centre Awards and Competitions Winner 2025 – Outstanding Compact Case
By Vanina Farber, Carolina Duran Silva, Baris Silahcioglu, Hugo ten Zijthoff and Shih-Han Huang
Case reference: IMD-7-2609, © 2024
Not so black and white: Grupo Inca’s black alpaca dilemma (A)
By Vanina Farber Carolina Duran Silva Baris Silahcioglu Hugo ten Zijthoff and Shih-Han Huang
Case reference: IMD-7-2609 ©2024
Summary
Grupo Inca, a conglomerate that owned Peru’s leading textile business with a long history of working with alpaca fleece, was at a crossroads regarding the conservation and commercialization of black alpaca fiber. Historically, black alpacas were as common as their lighter-colored counterparts, but market preferences drove them to near extinction…
2024 EFMD Case Writing Competition Award – Responsible Business Category; The Case Centre Awards and Competitions Winner 2025 – Outstanding Compact Case
Reference IMD-7-2609
Copyright ©2024
Copyright owner IMD Copyright
Organization Grupo Inca
Industry Manufacturing, Textile
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
Moon Creative Lab: Mitsui’s venture studio

This case follows the steps taken by Kaichi Yokoyama, Moon Creative Lab’s CEO, to establish the entity as a pioneering venture studio and entrepreneurial talent development entity within the Mitsui Group. As a corporate venture, the story began in 2018 when Kaichi embarked on a mission to reshape Mitsui’s deeply entrenched traditions and pursue …

Entrepreneurship Venture Capital
2024 EFMD Case Writing Competition Award – Continuous Improvement: The Journey to Excellence Category
By Benoit F. Leleux, Jim Pulcrano, Adam Hansson Tönning, Alexandra Loboda, Anette Papuga and Daisuke Shinohara
Case reference: IMD-7-2544, © 2024
Moon Creative Lab: Mitsui’s venture studio
By Benoit F. Leleux Jim Pulcrano Adam Hansson Tönning Alexandra Loboda Anette Papuga and Daisuke Shinohara
Case reference: IMD-7-2544 ©2024
Summary
This case follows the steps taken by Kaichi Yokoyama, Moon Creative Lab’s CEO, to establish the entity as a pioneering venture studio and entrepreneurial talent development entity within the Mitsui Group. As a corporate venture, the story began in 2018 when Kaichi embarked on a mission to reshape Mitsui’s deeply entrenched traditions and pursue …
2024 EFMD Case Writing Competition Award – Continuous Improvement: The Journey to Excellence Category
Reference IMD-7-2544
Copyright ©2024
Copyright owner IMD Copyright
Organization Moon Creative Lab, Mitsui Group
Industry Finance and Insurance, Venture Capital
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
AMAG: Creating its own future in a disrupted automotive industry

AMAG is Switzerland’s premier automotive retail and service company, holding exclusive rights to import Volkswagen Group car brands such as Audi, Volkswagen, Skoda, Cupra and Seat. In 2022 AMAG had 7,300 employees and a revenue of CHF 4.4 billion. The electrification of the automotive industry and the introduction of the agency model by the Volk…

Strategy Business Transformation
The Case Centre Awards and Competitions Winner 2025 – Outstanding Case Writer; 2024 John Molson MBA International Case Writing Competition – 2nd prize
By Stefan Michel, Daniel Gerber, Vikas Munjal, David Rivière, Stephan Thalmann and Esther Lind
Case reference: IMD-7-2498, © 2023
AMAG: Creating its own future in a disrupted automotive industry
By Stefan Michel Daniel Gerber Vikas Munjal David Rivière Stephan Thalmann and Esther Lind
Case reference: IMD-7-2498 ©2023
Summary
AMAG is Switzerland’s premier automotive retail and service company, holding exclusive rights to import Volkswagen Group car brands such as Audi, Volkswagen, Skoda, Cupra and Seat. In 2022 AMAG had 7,300 employees and a revenue of CHF 4.4 billion. The electrification of the automotive industry and the introduction of the agency model by the Volk…
The Case Centre Awards and Competitions Winner 2025 – Outstanding Case Writer; 2024 John Molson MBA International Case Writing Competition – 2nd prize
Reference IMD-7-2498
Copyright ©2023
Copyright owner IMD Copyright
Organization AMAG Group
Industry Automotive
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
Nespresso: Strategy reset for growth: The youth market

Nespresso, the global leading brand in portioned coffee, is facing an existential threat. The company’s current market base, which consists primarily of aging consumers, is likely to decline in the medium to long term. To compensate for the certain shortfall, the company needs to attract young coffee drinkers among Millennials and Generation Z, …

Marketing Strategy Sustainability
The Case Centre Awards and Competitions Winner 2025 – Overall Award
By Kamran Kashani and Goutam Challagalla
Case reference: IMD-7-2479, © 2023
Nespresso: Strategy reset for growth: The youth market
By Kamran Kashani and Goutam Challagalla
Case reference: IMD-7-2479 ©2023
Summary
Nespresso, the global leading brand in portioned coffee, is facing an existential threat. The company’s current market base, which consists primarily of aging consumers, is likely to decline in the medium to long term. To compensate for the certain shortfall, the company needs to attract young coffee drinkers among Millennials and Generation Z, …
The Case Centre Awards and Competitions Winner 2025 – Overall Award
Reference IMD-7-2479
Copyright ©2023
Copyright owner IMD Copyright
Organization Nespresso
Industry Consumer Goods, Coffee
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Some businesses are accelerating. Others are stalling.
The difference is leadership.

A growing divide is emerging across industries:

  • Companies like Securitas are leveraging AI to drive transformation at scale — aligning strategy, operations, and culture around intelligent technologies.
  • Meanwhile, others are stuck in isolated pilots, struggling to translate AI ambition into measurable business impact.

Amit Joshi
Professor of AI, Analytics and Marketing Strategy

From adding efficiencies in current processes to completely reinventing how organizations address strategic issues, AI is already impacting businesses the world over.

Amit Joshi Professor of AI, Analytics and Marketing Strategy