From November 14-16, 2016, LBS co-hosted an international conference on Business Ethics and Competitiveness in SMEs on its premises. The event was organized conjointly with FH Wien University of Applied Sciences for Management and Communication Vienna as part of their chairmanship in the European chapter of the Harvard Microeconomics of Competitiveness (MOC) Network.

Academics, practitioners and decision-makers from over 30 different countries gathered in Vienna to discuss interconnections between competitiveness and ethical corporate behavior. Prof. Dr. Laura Spence (Royal Holloway, London), Marc Pfitzer (FSG, Geneva) and Prof. Dr. Craig Smith (INSEAD, Fontainebleau) critically examined Michael E. Porter’s and Mark Kramer’s seminal work on Creating Shared Value (CSV). It was very stimulating to see the opposing views of the keynote speakers, such as when Laura Spence described “CSV as the iPhone of CSR”, Marc Pfitzer determinately emphasized the importance of The Ecosystem of Shared Value, and Craig Smith attempted to balance the discussion about CSV by introducing a further developed concept  CVS+.

Based on these high-level keynote speeches, nine panels subsequently addressed the applicability of CSV on SMEs and entrepreneurial clusters. LBS is particularly proud that its faculty members Prof. Pablo Collazzo, Dr. Christian Reiner and Dr. Robert Braun as well as LBS alumna Sandra Pauser (University of Vienna) and former Issues in Management visiting professor Adriana Zait (UAIC) contributed fresh research findings. The conference was further enriched by the presentation of an outstanding MOC student project on Vienna as a smart competitive city (co-authored by Ivana Cvetkovic, Miljana Radmilovic and Ronit Lang of IML 2014).

At the closing panel Prof. Markus Scholz (FH Wien) challenged leading business and policy decision-makers regarding their practical experiences with CSV. Werner Pamminger (Business Upper Austria), Bernardo Calzadilla (UNIDO) and Albin Hahn (Manner) concurred on the significance of ethical behavior for corporate and regional success, but also emphasized the necessity to adapt the CSV concept to the specific needs of SMEs.

The Business Ethics and Competitiveness in SMEs conference marked the highlight of LBS’ and FH Wien’s shared 2016 activities in the MOC European Chapter. The event promoted the encounter between renowned academics and practitioners, junior researchers and LBS students.

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Congratulations to the Class of 2019

On June 28 we were pleased to welcome numerous families and friends to the Lauder Business School campus for a graduation celebration. In his welcome address our Executive Director Alexander Zirkler congratulated the graduates and introduced our Guest of Honor, the US Ambassador to Austria – his Excellency Trevor D. Traina.

Fireplace Talk with the CEO of Austrian Airlines

On June 19 we were delighted to host the CEO of Austrian Airlines, Dr. Alexis von Hoensbroech, in the Lauder Business School ball room. He delivered an inspiring fireplace talk about his career path, the aviation industry in general, and the Austrian Airlines company structure and strategy.

Cooperation Agreement with the City of Vienna

Lauder Business School signed a cooperation agreement with the City of Vienna together with 22 other Universities and Universities of Applied Sciences located in Vienna. On May 14, 2019, Mayor Michael Ludwig signed a cooperation agreement with the Viennese higher education institutions in the City Hall, together with rectors, directors and board members of 23 universities, colleges and universities of applied sciences.

Researching Innovation in Austria

Christian Reiner, senior researcher at LBS, has co-authored the “Austrian Research and Technology Report 2019”. This annual report has been published by three Austrian ministries and written by external experts from applied research institutes and universities. Given the importance of the report for the wider public, it is an honour to contribute to this official publication.