IMD Annual Report 2019

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IMD ANNUAL REPORT 2019

resources devoted to studying innovative leaders and organizations willing and able to marry their quest for performance with a strong concern for social responsibility, good stewardship and sustainability. Our new partnership with the University of Lausanne (UNIL) and L’Ecole Polytechnique Fédérale de Lausanne (EPFL), the Enterprise for Society Center (E4S), described in this Report, is another step in that direction. Looking to the future 2019 was a milestone year of increased revenues, which supported increased investments. Revenues hit a record high thanks to growth of 9.5 percent compared to 2018. As a Swiss foundation, IMD is not aiming to generate profits, but increasing revenues does enable us to make more investments on the pedagogical, operational and research fronts - including areas such as a pioneering virtual classroom concept. This continued growth puts us in a good position to continue to enhance our standing as a world leader and innovator in degree, open and custom programs and to fulfil our ambitious aspirations and purpose. This performance would not have been possible without the hard work, support and cooperation of our world-class faculty and staff, as well as our wider community. It would also not have been achievable without the trust of the executives and corporate partners that look to us for thoughtful and insightful guidance and Real Learning. Real Impact. Looking ahead, we are confident that IMD’s unique portfolio of activities, much more oriented than any other major business school toward executive and organizational development programs, and our innovative and integrated

approach to research and learning will help us continue to set a distinctive path and achieve the second part of our identify statement: We strive to be the trusted learning partner of choice for ambitious individuals and organizations worldwide. We look forward to continuing to work with our expanding global community to deliver on this mission and purpose in the years ahead.

Peter Wuffli IMD Chairman

Jean-François Manzoni President and Nestlé Chaired Professor