Back to Basics: The Strategic Imperative of Creating and Capturing Value
Paul Verdin
Chair in Strategy and Organisation (Solvay Business School, B)
M-RCGB Senior Fellow
This study group will illuminate the key strategic tensions, dynamics, and dilemmas facing companies in the private sector using a simple and intuitive framework centered around the increasingly common concepts of value creation and value capturing (appropriation, claiming, sharing). The purpose is to explore the potential use of this framework, along with more traditional strategy concepts for value creation, in the non-profit and public sectors.
First session:
Thursday, November 13
4:10-5:30pm
Hauser Conference Room, Belfer Lobby Level, Room 4
Harvard Kennedy School
Refreshments will be available
Second session:
Value Creation in Business and Government: Do old strategy models still apply?
Wednesday, March 4
4:10-5:30pm
Carr Conference Room, R-219
Harvard Kennedy School
Refreshments will be available
All students, faculty, and staff welcome. Space is limited. To participate, please write to verdinstudygroup@gmail.com
Paul Verdin is the Chair in Strategy & Organization at Solvay Brussels School of Economics and Management (ULB, B) and Professor of Strategy & International Management at K.U.Leuven (B). Previously at IESE Business School (E), he has also been Associate Dean at TiasNimbas (Tilburg Univ., NL) and “Distinguished Visiting Professor” at INSEAD (F) where he has been on the faculty for up to 20 years. He has also been associated with the Berlin School for Creative Leadership (D) since its launch. After master’s degrees in law and in economics, both summa cum laude from K.U.Leuven (B), he obtained the MA and PhD in economics (industrial organization) at Harvard University, where he was a Teaching Fellow with Nobel Laureate Prof. Tom Schelling and former Secretary of Labor Prof. Robert Reich at Harvard Kennedy School. He combined this with work with McKinsey & Co., Merrill Lynch Capital Markets, the IMF, and the World Bank. He directs executive seminars and strategy workshops, and consults on strategy processes for a wide range of local and global companies, established multinationals as well as small and medium sized companies, across a variety of industries and particularly in the financial sector. A regular keynote speaker on top management conferences, he also serves as a non-executive board member of companies and non-profit institutions. His widely cited research focuses on the critical role of innovative company strategy and organization for long term value creation, and how it interacts with industry dynamics and competence- and resource-based competition. As a senior fellow, Verdin will examine the strategic imperative of value creation as the foundation of sustainable strategy and economic growth, and implications of this imperative for government economic policies. His faculty sponsor is Richard Zeckhauser, Frank Plumpton Ramsey Professor of Political Economy.
M-RCBG Senior Fellow Paul Verdin.