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#16 | How to always stay on course – especially in a crisis

SMP LeaderTalks

24. November 2022

Georgiy Michailov meets Prof. Dr. Ronald Gleich

58 Min

Inflation and rising prices. We are going through demanding times. The economy in particular is currently facing huge challenges. Many find themselves looking for the right course at the moment, hoping to steer their company safely through these stormy waters. The bitter news is that there is no end in sight as yet. But Professor Dr Ronald Gleich of the Frankfurt School of Finance & Management knows why German companies can still look to the future with optimism.

In the latest LeaderTalk, he explains that even crises can offer real chances for growth and success. Gleich is convinced that what sounds like a contradiction can in fact be reconciled if the right mechanisms are applied. And he also reveals how this can be achieved. To do so, companies will however have to rethink their strategy. Controlling is going to have to be a particular focus of attention. This is no longer just about classic financial management. Risk evaluation, for example, plays a more decisive role today than ever before.
And controlling must be made even more accountable. When it comes to successfully implementing transformation processes, for example.

Professor Dr Gleich addresses this subject with a mixture of scientific theory and the familiarity of practical experience. In conversation with Georgiy Michailov, Managing Partner with Struktur Management Partner, he talks about his findings and provides valuable impulses. He is for example convinced that controlling in fact only needs 15–20 key indicators, and he is sure that a good controller cannot get away with not dealing with the future in his work today. But for him to be able to do this, today’s business studies degrees must urgently adapt to the new reality.

*Video only in German

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