2015. március 26., csütörtök 10:00 |
IMD business school and Cisco join forces on digital business transformation Cisco will make a contribution to IMD valued at $US 10 million to develop thought leadership and address business challenges in digital transformation |
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Lausanne/San Jose, 26 March, 2015 (APA/OTS) - IMD, the
top-ranked business school focused on executive education, announced
today a contribution valued at $US 10 million from Cisco to become
the world leading destination for research, innovation and
leadership to drive digital transformation to all aspects of
enterprises, in every industry. |
Cisco intends to fund the Cisco Chair in Digital Business
Transformation and create the IMD/Cisco Global Center for Digital
Business Transformation, to be located on IMD's campus in Lausanne,
Switzerland, and fully operational by summer 2015.
The collaboration will combine Cisco's leadership in providing
technology solutions for the Internet of Everything (IoE) with IMD's
expertise in developing global leaders. According to Gartner
Research, by 2020, 75 percent of businesses will be a digital
business or will be preparing to become one, yet only 30 percent of
these efforts will be successful due to lack of talent and technical
expertise. Gartner reveals the number one reason companies fail in
digital transformation efforts is a failure to re-imagine and
reinvent the business from top to bottom before they begin.
The partnership between Cisco and IMD will combine original research
and Cisco Consulting's open innovation approach in order to generate
practical insights that executives can apply directly to their
businesses. By conducting original research, the Global Center for
Digital Business Transformation will work to define digital business
transformation, what it means for companies today, and how to stay
relevant in today's competitive marketplace.
The Global Center aims to become a world-leading hub of research and
innovation, helping executives take advantage of digital
opportunities and neutralize digital threats. Employing full-time
researchers from both IMD and Cisco, the Center will produce
cutting-edge thought leadership and organize learning events. It
will also collaborate with Cisco's existing network of innovation
centers around the world.
Please find the FULL PRESS RELEASE on imd.org ******
About IMD: IMD is the top-ranked business school, recognized as the expert in
developing global leaders through high-impact executive education.
The school is 100% focused on real-world executive development;
offers Swiss excellence with a global perspective; and has a
flexible, customized and effective approach. www.imd.org
About Cisco: Cisco, (NASDAQ: CSCO) is the worldwide leader in networking that
transforms how people connect, communicate and collaborate.
Information about Cisco can be found at http://www.cisco.com.
Contacts: Alessandro Sofia IMD +41216180636 alessandro.sofia@imd.org Andrea Duffy Cisco anduffy@cisco.com +12127144152
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