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  1. NEW

    Covid patents and R&D races will save us, not the WHO

    Date:
    Category: Opinions

    Making vaccine technology freely available to everyone sounds good. According to Professor Walter Van Dyck, patent prohibition however will slow down access to vaccine technology and, worse still, dry up innovation. To tackle the debilitating battle with the virus, you need a small number of global, capital-rich pharmaceutical companies at the heart of an ecosystem that builds on initial university research and has the scale to lead global distribution.

  2. NEW

    Self-management as a way to handle the isolation when working from home

    Date:
    Category: Opinions

    Working remotely one or two days a week can actually increase our productivity. But doing it every day can wear us out and slowly alienate us from our familiar office and colleagues. Some of us even experience a sort of grieving process we need to go through. According to Professor Karlien Vanderheyden, there are several things we can do to make the most of this ‘new normal’.

  3. NEW

    Correctly assessing risks – or how we ignore the denominator

    Date:
    Category: Opinions

    In general, people are not very well equipped to correctly assess a risk. This is because we ignore the denominator in the fraction and only rely on the numerator. Thus we overestimate the chance of dying from coronavirus. But alongside this, there are a number of characteristically human mindsets that further accentuate this denominator neglect. Professor Barbara Briers explains the difference between our quick and slow way of thinking and how that can help entrepreneurs when assessing business risks.

  4. What are entrepreneurs’ top priorities in times of corona?

    Date:
    Category: Opinions

    While they are essential to get companies through the crisis, the role of entrepreneurs threatens to be overlooked. Entrepreneurs not only need courage, clarity of mind and perseverance, they also need to be able to transform these into concrete actions and measures. Professor Hans Crijns explains how the entrepreneurs and owner-managers of the iGMO-network are handling this crisis and are helping to shape the future with a healthy dose of entrepreneurship.

  5. Learn to Succeed with Digital Transformation

    Date:
    Category: Opinions

    Cutter Consortium Fellow and Professor of Digital Transformation Stijn Viaene admits that embarking on a digital transformation isn't easy — but there are five keys to success. He breaks down these tips, distilled from his research, via a plan of action that can help organisations on the road to digital transformation.

  6. Why is €100 for a bottle of hand sanitiser not an acceptable price?

    Date:
    Category: Opinions

    Hand sanitiser was one of the products that experienced a steep spike in demand at the moment of the corona outbreak, which led to stock ruptures. Some opportunistic merchants saw an opportunity and started selling (online) at a multiple of the original price – but retailers and authorities undertook actions to stop these types of practices. Professors Koen Tackx and Barbara Briers explain why these types of price increases are perceived as unfair.

  7. How artificial intelligence and the CFO can guide us in uncertain times

    Date:
    Category: Opinions

    The CFO has a twofold role in the Covid-19 crisis. On the one hand, to stabilise in the shorter term and on the other, to prepare the company for recovery in the longer term. According to Professor Kristof Stouthuysen, artificial Intelligence can help CFOs in this important role. Those who are still relying on Excel to determine and predict their liquidity position are unfortunately missing out.

  8. The extraordinary importance of fairness when times are tough

    Date:
    Category: Opinions

    Employees care about fairness in outcomes, in procedures, and in interpersonal treatment. It is when the environment is uncertain and outcomes are less positive, that our evaluations of fairness become most important. Fairness shows that we can expect better outcomes in the future, that we are a valued member of the team, and that our managers have integrity. Fairness provides us with assurances regarding our future in the organisation, and makes it feel safe to invest and “go beyond the call of duty”.

  9. Retailers need an entrance strategy

    Date:
    Category: Opinions

    Now that many shops have been forced to close for more than five weeks, we have been hearing loud calls for economic activity to be quickly resumed. However, the most important thing every entrepreneur needs to ask themselves is whether they can reopen profitably. To do profitable business, income obviously needs to be higher than costs. That is why, while the government is implementing a clear exit strategy, shopkeepers should come up with their own ‘entrance strategy’, says researcher Yannick Dillen. Not starting back up at full strength and with fewer staff might be part of this strategy.

  10. Weathering the financial challenges of your business during – and after – times of crisis

    Date:
    Category: Opinions

    Unlike during the 2008 banking crisis, both supply and demand are currently compressed, and therefore many organisations see a plunge in revenues. This makes that even economically healthy enterprises may currently be at risk of financial stress or, worst case, bankruptcy. But what can businesses do themselves to avoid or minimise financial hardship? There is no magic in corporate finance, but our Professors Wouter De Maeseneire, Mathieu Luypaert and Sophie Manigart offer various options that firms may need to consider.

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