The follow-up bus tour 2019 on the road in Zurich and Winterthur
Business succession is in season, and the Succession Bus is making sure of that with its fall 2019 tour: the next stops are Zurich on October 1 and 2 (as part of Business Innovation Week) and Winterthur on October 3.
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September 26, 2019
Carla Kaufmann, initiator of the Nachfolgebus, is pleased with the successful kick-off in Zurich for the Nachfolgebus Tour 2019. (Image: Nachfolgebus.ch)
Initiated by Carla Kaufmann, herself a succession expert and partner of Companymarket AG, 15 experienced experts in succession planning are touring German-speaking Switzerland with the Succession Bus. From April to November 2019, they will be providing SME entrepreneurs with comprehensive information on business succession in free talks.
Guest at the Business Innovation Week
The second stop on the 2019 follow-up bus tour in the fall will be in Zurich on October 1 and 2. The Infomobile, which is unique in this form, will then make a stop at the Business Innovation
Week, KMU-Expo Hall 622, Therese-Giehse-Strasse 10, 8050 Zurich. A fitting setting, because succession and business innovation often go together. From 10 a.m. to 7 p.m. each day, SME entrepreneurs have the opportunity to obtain comprehensive information free of charge from an experienced team of experts on all aspects of business succession.
Follow-up bus tour 2019 also stops in Winterthur
On October 3, the succession bus will stop at MAXX (Kitag Cinemas) in the Kesselhaus, Zürcherstrasse 1, 8400 Winterthur, from 7 am to 12 pm. Under the motto "We present company stories and discuss realities", the 2019 Succession Bus Tour will focus even more on succession practice. To this end, in addition to the individual discussions, insights into the succession stories of a wide variety of Swiss companies will be provided by means of interviews and practical dialogues with regional SME entrepreneurs and experts with succession experience. In Winterthur, these are Désirée Schiess, Managing Director of Schiess AG and President of KMU Verband Winterthur und Umgebung, Judith Maag, Managing Director of Maag Recycling AG, and various experts from the succession bus team.
The booking of the expert talks takes place via successorbus.ch.
Corporate tax: OECD demands likely to cause tax shortfalls
The adjustment of cantonal tax laws following the reform of corporate tax is underway. But the OECD has further demands. What does this mean for Switzerland? At its annual conference, EXPERTsuisse discussed with experts what strategy Switzerland should pursue.
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September 26, 2019
The OECD has new demands on corporate tax: are tax losses looming for the federal government, cantons and municipalities? (Image: Pixabay.com)
Under the title "Taxesin digital times" the annual conference of EXPERTsuisse took place on September 25, 2019 at the Kursaal in Bern with more than 700 participants. President of EXPERTsuisse Peter Ritter emphasized that the topic of taxes was not chosen at random: "We use our expertise to draw attention to a highly underestimated, international debate." The association's function in the public interest was also acknowledged by Minister of Economic Affairs, Federal Councillor Guy Parmelin, in his welcoming message.
New OECD plans for corporate tax
Specifically, it concerns the OECD's plans to reorganize the worldwide distribution of corporate taxes. Any tax losses could have massive consequences for the federal government, but also for cantons and municipalities. Daniela Stoffel, Head of the State Secretariat for International Financial Matters, was the key Swiss figure in these negotiations. Her presentation showed that the OECD is pursuing an ambitious roadmap and that Switzerland could soon be confronted with concrete demands. How to approach the OECD was also debated by CVP Council of States member Erich Ettlin and SP National Council member Mattea Meyer, led by moderator Patrizia Laeri.
Modernization of the Labor Code - project with broad support
The association also noted with satisfaction the development of the labor law. Last week, the Council of States decided to write off the Keller-Sutter parliamentary initiative to liberalize the recording of working hours and to focus on the Graber parliamentary initiative. The latter legalizes proven forms of work by self-determined supervisors and specialists with a special annual working time model, combined with strengthened health protection. EXPERTsuisse welcomes this decision.
The bill puts proven forms of work by self-determined supervisors and technical specialists on a legal footing. This also serves to improve the compatibility of work and family. A modern working world needs a modern labor law and companies need healthy employees. A discussion between CVP Council of States member Konrad Graber, the author of the parliamentary initiative, and SP Council of States member Daniel Jositsch, President of the Association of Commercial Employees, showed that with the "plattform. - Angestellte Schweiz", important employee associations are behind Council of States member Graber's proposal. According to Council of States member Daniel Jositsch, improved health protection in particular would bring added value to employees.
Car rental: MSS Holding AG takes over Enterprise license for Switzerland
MSS Holding AG buys all shares of AIL Autovermietung AG from AIL Holding AG and thus takes over the Swiss licenses for Enterprise Rent-A-Car, as well as National Car Rental and Alamo Rent A Car.
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September 25, 2019
Beat Imwinkelried (l.) Chairman of the Board of Directors of AIL Autovermietung AG and Andreas Buhl (r.), CEO MSS Holding AG. (Image: zVg)
The Swiss mobility market is growing between 4 to 5% annually. This Swiss market remains attractive and offers good opportunities for growth. In this context, the car rental and car sharing business models are merging more and more closely and will merge in a few years. A few months ago, MSS Holding already invested in a start-up that has developed a unique car-sharing platform. The goal is to automate the entire car rental and car sharing process, from booking to return, via this app technology. The credo is: "Spontaneous, simple, transparent and straightforward".
MSS Holding AG wants to further develop the Swiss market
MSS Holding AG, which stands for professional Swissness and innovative strength, wants to further develop the Swiss market in particular with the Enterprise brand. "Swiss customers also benefit abroad with Enterprise, as Enterprise is the world's leading provider of vehicle rental and mobility solutions," emphasizes Andreas Buhl, CEO of MSS Holding AG. The goal of MSS Holding AG is to unite the entire vehicle mobility value chain under one roof. "We will not position ourselves by price. Rather, the aim is to win over customers and companies who want to expand or satisfy their services and requirements with flexible mobility and customized offers, emphasizes Andreas Buhl. Further rental stations of Enterprise, now Switzerland's youngest car rental company, are initially planned in larger cities such as Zurich, Bern, Lausanne and Geneva. Due to the car sharing technology as well as the extensive partner network of MSS Holding AG, the focus will also be on a rapid but healthy expansion at further locations. Thanks to its own 24h/365 days assistance center in Dietlikon/ZH, MSS Holding AG also wants to set new standards in the area of customer service. Likewise, the expansion of electric mobility in the course of the general mobility promotion, which includes intermodal mobility, will be strived for and expanded.
New operational management
"We are convinced that we will have a massive impact on the Swiss car rental and mobility market in the coming years thanks to our innovative technologies, a flexible and simple rental process, automatic damage detection and control as well as lean and process-driven structures and group synergies, both in terms of services and costs" emphasizes Andreas Buhl.
AIL Autovermietung AG will be renamed to MSS Fahrzeugvermietung AG with immediate effect, the operational management will continue to be under the responsibility of the current Managing Director Hakan Pekin until 31.10.2019, who will resign as of 01.11.2019 and take over the management of Auto-Interleasing AG in Muttenz. On the same date, Marco Venturini, Fleet Director of Herold Fahrzeugvermietung AG for many years, will take over the management of MSS Autovermietung AG.
Unique entrepreneurs from the global economy met for the 56th Forum of the Swiss Management Society (SMG) in Zurich. This year, the conference with around 200 participants was dedicated to the topic of "Instinct".
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September 23, 2019
Instinct or Big Data? Jinlong Wang, Group CEO and Chairman Pizza Express, MD & operating Partner Hony Capital, also spoke about this at the SMG Forum. (Image: Markus Senn)
Never before have we had easier and more comprehensive access to information than today. Technological development opens up countless possibilities for us to evaluate it. On what should we base important decisions? On the B for gut or better on the B for Big Data? Are instinct-based or Big Data-based decisions more successful? Is it a combination of both? Given the abundance of data, do we even allow our instincts to take over? Presentations from global experts explored these questions from a variety of perspectives. "Once again, the forum inspired me in many ways," said Lukas Braunschweiler, President of SMG and Chairman of the Board of Tecan Group.
Jinlong Wang: "Addressing happiness and emotions".
China is considered the birthplace of tea, and its tea tradition dates back to around 2700 BC. How did a Western power brand manage to turn instinctive tea drinkers into Starbucks consumers for millennia? Jinlong Wang played a crucial role in this in his role as President of Starbucks Asia Pacific and Chairman of Starbucks China. Under his aegis, the original 1017 Starbucks coffee shops tripled to 3300 between 2013 and 2018 alone. Today, Jinlong Wang applies his consumer instincts to China's private equity industry at PizzaExpress and as Managing Director & Operating Partner of Hony Capital. "To be able to bring something new in a confessed culture, you have to be able to address happiness and emotion very fundamentally."
Prof. Dr. Hauke Heekeren, Vice President and Professor of Biological Psychology and Cognitive Neuroscience, Freie Universität Berlin in conversation with Kamila Markram, Co-founder & CEO Frontiers (Image: Markus Senn)
Carsten Koerl: "Everything we work up for the fan is good for the sport".
It took Carsten Koerl just eleven years to bring his company Sportradar to a valuation of over CHF 2 billion and to bring Switzerland a "Unicorn". Sportradar analyzes more than 400,000 matches in 60 sports every year, generates around 5 billion data records from them every day and is the world's leading provider of sports data and audiovisual content. The more data available, the more simulations are possible, says Carsten Koerl: "It's amazing what decisions algorithms can make based on lots of data analysis." Although all this data can also be used to measure the performance of individual athletes, it is handled cautiously simply for data protection reasons. For Spoerl, "Everything we process for the fan is good for the sport.
Nicoletta della Valle: "Employee profiles have changed in the age of Big Data".
Nicoletta della Valle has been Director of the Federal Office of Police (Fedpol) for five years. Global, networked and digital: crime is a reflection of society. The Fedpol fights terror, mafia, money laundering, corruption or white-collar crime. Data and fact analysis has always been at the center - but today it presents itself in a digital form. Employee profiles have changed accordingly. Nicoletta della Valle is convinced that instinct is something innate, not learnable. It is crucial for survival, she says: "I can't control instinct, it happens without my head." Intuition and experience complement our talents, but what is needed above all in today's world is Brain and a flair for Big Data.
Instinct or Big Data from the perspective of neuroscience: "Using the brain and not instinct alone".
The brain has evolved over millions of years and has adapted across different situations. "Instinct sometimes plays tricks on us when it comes to financial matters, for example," says Prof. Dr. Hauke Heekeren. He earned his doctorate with honors after studying medicine at Humboldt University in Berlin and became head of the Max Planck Research Group "Neurocognition of Decision Making" at the Max Planck Institute for Human Development in 2005. Since 2009, he has been a professor of biological psychology and cognitive neuroscience at Freie Universität Berlin. Using the "Monkey Business Illusion", he showed how selective our perception is. Based on his experience in neuroscientific decision research, he recommends separating facts from feelings: "We should use the brain and not instinct alone."
Dr. Christopher E. Mason: "Our instinct is to discover".
"Moon is the proving ground, Mars is the destination" - a clear announcement by Nasa 50 years after the first moon landing. This is linked to plans for humans to walk on the moon again in 2024 and for a manned landing on Mars to be possible by 2035. No other species is as instinctively driven by the spirit of discovery as humans. "Our instinct is to discover," said Christopher E. Mason, associate professor at Weill Cornell Medicine, who researched the effects of spending more time in space as part of Nasa's recently published twin study involving astronauts Scott and Mark Kelly. The biggest challenges to Mars today are distance and radiation. To that end, Mason shows spectacular approaches to solving the medical challenges.
Rahaf Harfoush: "It takes time today for us to understand each other".
Thanks to our data traces, we are becoming transparent consumers. In her bestseller "Hustle and float " Rahaf Harfoush devoted herself to this analysis. On the subject of instinct, she explained that instinct and creativity need space and time: "Stop and listen to what you are thinking about. It takes time today to understand each other. Personal relevance is more important than general relevance." The Canadian with Syrian roots focuses her research on the impact of Artificial Intelligence, algorithms, social networks and Big Data on humanity. As think tank Red Thread, she supports institutions such as Unesco, Estee Lauder and IBM in transforming digital trends into strategic opportunities.
Fabrice Leclerc: "Putting human instinct at the center".
Fabrice Leclerc's exceptional innovative strength makes him a major partner of various Fortune 100 companies. He has led Innovation Labs for companies such as Apple, L'Oréal Prestige and Nespresso. Fabrice Leclerc's approach is clear: "If you want to innovate successfully, you have to put human instinct at the center. Because there is no stronger emotional approach than through feelings that we carry within us for millions of years." The trained veterinarian and business economist has been operating according to this principle since his time as CEO of Häagen Dazs.
Castling at Cyberlink - CTO Marc Chauvin with his own company
As of January 2020, Cyberlink is adapting its personnel structures and areas of responsibility to its strong growth and customer focus. The tasks of the previous CTO Marc Chauvin, who has been working for Cyberlink since 2012, will now be performed by the respective specialists from the engineering department.
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September 19, 2019
Castling at Cyberlink: Marc Chauvin founds his own company. (Image: zVg)
At the Swiss Managed Service Provider (MSP) Cyberlink the responsibilities of Marc Chauvin (CTO and member of the Executive Board) will be distributed across several shoulders from January 2020. The respective network, cloud and security engineers will assume responsibility for the technical visions of their departments. Chauvin founds the company tamac GmbHwhich ideally complements Cyber-link's product portfolio in the areas of consulting and project management.
Chauvin founded the company tamac GmbH, with which he advises customers on issues relating to digital transformation and automation, cloud and container technologies, and the cloud native approach. He aims to accelerate the adaptation of such technologies through active involvement in internal customer projects. As part of the future close collaboration, Cyberlink will support Chauvins tamac with access to their expertise and existing customers. The first mandates will be taken on by Chauvin's company as early as the beginning of 2020. For Cyberlink, this will result in valuable feedback loops for optimizing its cloud portfolio, product development as well as opening up new customer segments. Furthermore, tamac GmbH will include Cyberlink's services in its solution portfolio.
Beat Tinner, Cyberlink CEO: "We align our development with the needs of our customers and seek the greatest possible proximity to them. With this step and the close cooperation with Marc, we can ensure this proximity and continuously develop our offer according to customer needs. Internally, we also place great emphasis on personnel development and the opportunity to develop and take advantage of career opportunities. We can also do justice to this point with the castles."
The good spirit in the company - video series, part 2
A visit with Selina and Ruedi Bauberger, who have successfully passed on their business. A video series in five parts - here now the second part.
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September 19, 2019
Bruno Aregger, founder and owner of APPLETREE, accompanied Ruedi and Selina Bauberger of Bauberger AG, the Swiss general contractor for industrial relocation, machine assembly and maintenance, during their company succession. In an interview with them, he shows how a generational change can be optimally successful. The second part of the video series deals with the question of when the right time has come to hand over one's company to a successor.
To be continued...
Exciting impulses from court jesters and from the lion's den
Once upon a time there was a court jester, a down-to-earth patron and an entrepreneur from the "lion's den". This year's business forum "ErfolgsSignale" on Thursday, October 17, in the Capuchin Church in Rheinfelden will once again present exciting success stories of SME companies.
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September 18, 2019
From the "lion's den": Fricktal entrepreneur Roland Brack is considered a prominent speaker at the "ErfolgsSignale" business forum on October 17. (Image: zVg)
Once upon a time ... The business forum "ErfolgsSignale" in Rheinfelden presents stories of entrepreneurs who write a successful company history with special ideas, innovations and challenges. "Stories are not only exciting, but also instructive, inspiring and motivating. This is exactly what we want to achieve with our business forum," says initiator and founder Fabrice Müller, who organizes the business forum together with Michèle Dürrenberger. That's why the two organizers keep an intensive lookout for exciting speakers during the year, in order to win them over for an appearance at the Economic Forum in Rheinfelden.
Roland Brack from the "Lion's Den
At this year's business forum "ErfolgsSignale", for example, the Fricktal entrepreneur Roland Brack could be won as a speaker. Founded in 1994 as a one-man company by Roland Brack, the company has developed rapidly in the following years. BRACK.CH relied on the Internet and e-commerce at an early stage. Today, BRACK.CH AG, which is part of the Competec group of companies, generates most of its sales through its online store BRACK.CH. Roland Brack, known among others from the TV show "Höhle des Löwen", will show the path of his success at the business forum and talk about his innovations and challenges as an entrepreneur.
Success with robust garden furniture
Martin Schaffner, second-generation managing director of the company Schaffner AG in Müllheim, could be won as another speaker. The company, founded 60 years ago, has made a name for itself with its robust metal garden furniture. The down-to-earth patron likes things unpretentious. The history of the Schaffner company is marked by ups and downs. Of financial hardship and burnout. Of bright spots, loyal employees and success stories. For example, when Schaffner swept the German Brand Award 2017 in Berlin and won two prizes at once. On October 17, Martin Schaffner will reveal how he got his company on track as a patron and is also in demand internationally with his now iconic garden furniture.
The economy needs more court jesters
As a local hero with a home advantage, so to speak, Peter Haller, a trustee and entrepreneur from Magden, will enter the "ErfolgsSignale" ring. In his talk, he will argue for more court jesters and lateral thinkers in business. Why are these so important for successful entrepreneurship? And how does one become a court jester in business in the first place?
Also like a court jester, the Laufenburg artist and musician Gabriel Kramer will simultaneously put the statements and votes from the speeches on paper in the form of caricatures during the economic forum. In addition, he and Sonja Wunderlin from the "Foifer und Weggli Trionettli" will provide musical accompaniment to the event. Due to the renovation work in the Hotel Schützen, the Economic Forum will exceptionally take place in the Capuchin Church this year. The event will now begin at 5:30 p.m. with the admission and at 6 p.m. with the official program. Following the speeches, an "Apéro riche" will be served by the Hotel Schützen at about 8.15 pm. At the same time the table fair of the sponsors will take place. (EF)
Business Forum "SuccessSignals
Thursday, October 17, Capuchin Church Rheinfelden
Admission, 5:30 p.m., Start: 6:00 p.m.
Admission: Fr. 40.-, drinks and "Apéro riche" included
Info and registration: www.erfolgssignale.ch
Build customer trust and avoid fines
Anyone who loses track of their data runs the risk of damage in several respects. Companies have to pay fines for violations of the General Data Protection Regulation (GDPR), for example. In addition, organizations can severely damage their reputation if they handle consumer data irresponsibly.
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September 18, 2019
Sascha Oehl, Director Technical Sales DACH at Veritas, lists seven points on how to build customer trust and avoid fines when managing data. (Photo: Marc Fippel Photography)
If you don't want to jeopardize the loyalty of your customers and avoid fines, you need to manage their information comprehensively and according to its value. An efficient data management strategy should include seven core functions:
Localize: First, the company must gain an overview of where which data is stored in the first place - they need a data map, so to speak. To do this, the IT manager obtains a comprehensive overview of all resources on which company data and applications are stored. This includes local resources as well as all private and public clouds. In this context, companies should check for compliance reasons whether the data center is located in the EU or a suitable third country.
Evaluate: The strongest approach to uniformly determine the value of data is the automatic classification of information. Modern variants of this technique use several hundred technical indicators that recognize unique content features in the data and automatically categorize them accordingly and, most importantly, without errors, using so-called tags. The technique draws on Algorithmsfrom the areas Machine Learning and Artificial Intelligence to provide the most accurate results possible. Thanks to the automatisms, it is also possible, for example, to personal data as such - an essential prerequisite for finding them in the cloud and being able to protect them better accordingly.
Minimize: One of the objectives of the GDPR is to regulate that companies hold less personal data overall and store it only for specific purposes. Therefore, each file should be given an expiration date according to its value and automatically deleted after a certain period of time - depending on the purpose of use. Data declared as unimportant is eliminated by the system immediately and without risk. This reduces the amount of data and lowers storage costs.
Protect: Actually self-evident, but important - personal data is particularly worth protecting. Companies must take measures to fend off attackers from outside and inside. If something does happen, the data leak must be reported within 72 hours.
Backup: If data is lost, companies are dependent on backup copies. The backup technologies used for this purpose must take into account all data sources and storage destinations in order to have backup copies ready in case of an emergency.
Monitor: Comprehensive data management software that constantly checks the complex storage infrastructure for irregularities is worth its weight in gold. This enables a company to detect that information has been lost due to a data leak, for example.
Search: It is important to be able to search specifically for certain data. The GDPR alone gives EU citizens the right to demand an overview of the data stored. Companies must provide this in a timely manner. A process and software that can quickly locate data together and delete it if necessary are essential here.
Services in the area of tension between cooperation and competition
On Friday, September 13, 2019, 70 representatives from international companies from various industries and academia met at the Forum Service Management (DLM) at the University of Basel. This year's conference focused on the topic of service coopetition and thus the central question of how companies develop new service offerings in cooperation with partners or even competitors, drive innovation and meet future customer needs.
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September 18, 2019
Discussion point cooperation and competition: Mareike Ahlers and speakers on the podium. (Image: Forum DLM)
On September 13, 2019, the fourth Service Management Forum on the topic of service coopetition took place in Basel. Practical presentations and a panel discussion offered participants possible solutions and innovative impulses to tap the potential of cooperative business models for themselves. Best practices and discussion material were provided by Daniel Ebneter (CEO, Karger Publishers), Jan Exner (Manager Consulting, Adobe), Simon Brösamle (Chief Business Development Officer, SHARE NOW), Sascha Breite (Chief Marketing Officer, Swiss Bankers) and professors Manfred Bruhn (University of Basel) and Karsten Hadwich (University of Hohenheim).
Cooperation and competition: finding the ideal line
The exciting contributions of the speakers made one thing clear above all: Even if you come from different industries, there are similar challenges in the development of cooperative business models. Globalization and digitization, increasing complexity and blurring industry boundaries demand agility from companies when it comes to finding strategies and selecting their strategic partners. This also creates new opportunities for positioning, international expansion and product innovation.
"Technological progress opens up new cooperation potentials and expands the spectrum of strategic opportunities for companies. Coopetition business models with competitors are increasingly becoming a serious option for increasing a company's own market power and generating market growth," said Forum DLM initiator Professor Manfred Bruhn in his introductory talk.
Service-based ecosystems
In his presentation, Daniel Ebneter vividly illustrated how so-called "service-based ecosystems" have developed in the publishing industry and how Karger Verlag is exploring new opportunities for cooperation in this context. The focus here was primarily on the question of how even small and medium-sized publishers can hold their own in an environment characterized by digitization. The increasing importance of organizing customer data with the help of data management platforms and thus controlling marketing expenditure more efficiently was the focus of the presentation by Jan Exner from Adobe.
In his presentation, Simon Brösamle illustrated how two long-standing competitors such as Daimler and BMW can succeed in establishing a future-oriented joint venture in the mobility sector. The basic prerequisite here, he said, is above all the establishment of a common corporate culture and the will to consistently leave old thought patterns behind. "A common basis of trust and transparency are indispensable in coopetition partnerships," emphasized Sascha Breite, CMO of Swiss Bankers, in his contribution. In addition, the willingness to allow time for course corrections also plays an important role in the payment sector.
Added value of coopetition business models
In the concluding panel discussion, moderated by Dr. Mareike Ahlers, Managing Director of Prof. Bruhn & Partner AG, it became clear once again: despite all the challenges for internal processes and corporate culture, coopetition business models offer above all the opportunity to respond to new market needs and to develop innovative products with real added value for customers. Effective change management, good brand positioning and, not least, the willingness of the entire organization to help shape the transformation process are key success factors here.
The DLM Forum was initiated by the marketing and strategy consultancy Prof. Bruhn & Partner AG, the MAS Marketing Management of the University of Basel and the two professors Manfred Bruhn (University of Basel) and Karsten Hadwich (University of Hohenheim) in order to specifically promote the exchange between science and practice.
The HWZ Hochschule für Wirtschaft Zürich is expanding its expertise in the area of Digital Excellence for Financial Services with the new CAS Digital Wealth Management course. This is a response to the upcoming changes in wealth management.
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September 17, 2019
Martin Meyer, Head of CAS Digital Wealth Management, HWZ. (Image: zVg)
Digitalization is massively changing the business models of asset managers. There is more transparency, customers can obtain information more easily, and processes are accelerating. Communication is becoming faster and runs through several channels at the same time. New risk/return models are emerging through data analysis. In order for wealth managers to remain employable, it is necessary to face the digital transformation and to deepen the application-oriented knowledge in this area. "This CAS course is the best way to get a global insight into the field of Digital Wealth Management in a very short time. The CAS Digital Wealth Management helps course participants take their next career steps in this industry," emphasizes course director Martin Meyer from HWZ. He knows what he's talking about, being a founder and entrepreneur with many years of experience in the financial services industry. The Head Innovation Global Wealth Management at the major bank UBS is very familiar with global developments. Martin Meyer gained his in-depth education during his studies in Zurich and New York. Meyer is the founder and owner of two Swiss think tanks that deal with digitalization and its effects.
Four Blocks and Study Tour to London
The CAS Digital Wealth Management is divided into four blocks. The "Digital Mindset" block examines megatrends and their impact on wealth management. Changing customer needs are analyzed in the "Customer Experience" block and personalized solutions are developed. In the "Business Models" block, everything revolves around new ecosystems in wealth management, new formulas that are shaping risk and investment behavior, and fintechs that are adding to the pressure on margins. The "Technology" block addresses technological challenges such as cyber security, regtech, artificial intelligence and machine learning.
Establishment of the new CAS at the HWZ.
The new CAS focuses on the question of tomorrow's customer. It is about the added value that can be offered to them in the future. The study tour in London will visit not only globally operating wealth tech companies, but also the innovation labs of major banks to learn how they are already anticipating the customer needs of the future.
Ideal for digital investment advisors
This course is aimed at employees in Wealth & Asset Management and Private Banking. It is a credit-bearing module of the MAS Digital Excellence for Financial Services. The CAS Digital Wealth Management Management is also recognized by the SAQ as a recertification measure.
The first implementation starts in February 2020 and lasts six months (18 study days, including 3 days Study Tour). The number of participants is limited to 24. Students with MAS admission can take the CAS as a recommended elective module for the MAS Digital Excellence for Financial Services.
Zermatt Summit 2019: Anti-Illicit Trade Declaration signed
OISTE Foundation and Zermatt Summit Foundation sign the Anti-Illicit Trade Declaration and call on the international community to address all forms of illicit trade at the 2019 Zermatt Summit.
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September 16, 2019
Anti-Illicit Trade Declaration signed: (l-r) Dourgam Kummer, Member of the Board, OISTE; David Behrends, Managing Partner and Head of Trading, Sucafina; Alvise Giustiniani, Vicepresident Illicit Trade Prevention, Philip Morris International; Carlos Moreira, Founder and Chairman and CEO, WISeKey SA; Christopher Wasserman, President and Founder, Zermatt Summit Foundation. (Image: obs/Zermatt Summit/OISTE/Zermatt Summit Foundation)
The Zermatt Summit has been held annually in Switzerland since 2010. The conference is primarily intended for business/financial leaders and entrepreneurs in an action-oriented dialogue with decision-makers from civil society, science, education, the fine arts, architecture, medicine, spirituality and the public sector. According to the organizers, the annual Zermatt Summit conference program is a catalyst to inspire, share innovations and put new business development models into action, prioritizing human dignity in our globalized world.
Anti-Illicit Trade Declaration signed
The OISTE Foundation, the Zermatt Summit Foundation, Sucafina, Integral Petroleum, Philip Morris International, and delegates from 46 different countries have now signed the Anti-Illicit Trade Declaration launched at the 2018 Zermatt Summit, calling on the international community to address all forms of illicit trade. This is because, despite significant efforts by global organizations, governments and private sector activists, illicit trade remains widespread and poses a significant threat to the global economy.
Illegal trade as a cause of wealth inequality
The Declaration on Combating Illicit Trafficking outlines the steps that must be taken to stop illicit trafficking. Governments and private sector signatories agree that it must be treated as a serious crime.
Today, with the digitalization of economies and recent technological developments, the fundamentals of trade are changing in both legal and illegal economies. Improved global networks, real-time data exchange systems, and online platforms are enabling a more efficient supply of illicit products and increasing the number of parties involved in this market. This poses significant challenges to legitimate manufacturers, governments, and other operators in the affected industries.
As a result, illicit trade has created significant wealth disparities between developing and developed countries, fueled devastating conflicts, and undermined the legitimacy of countries. In fact, illicit trade is the conduit that enables destabilization and dangerous activities in virtually every sector of the global economy. As a result, new forms of illicit trade have emerged, making the fight against illicit trade more complex and transnational than ever before.
More and more goods affected
Illegal trade impedes the fundamental building blocks for development, democracy, human rights, and the rule of law. It enables corrupt practices among government officials and private citizens. Each year, more and more goods and brands in all sectors are also affected by illicit trade. There is therefore an urgent need to develop a Declaration on Combating Illicit Trade to raise awareness of the problem and respond to these challenges.
The OISTE Foundation and the Zermatt Summit, with a high-level international group of experts, therefore launched the Anti-Illicit Trade Declaration at the Zermatt Summit in September 2018. The declaration was presented to the international community as part of a global roadshow calling on the international community to address all forms of illicit trade, promote due diligence and supply chain control, and encourage collaboration between state and non-state actors to develop sustainable solutions.
The main principles of the Anti-Illicit Trade Declaration
treat illicit trafficking as a serious crime under the United Nations Convention against Transnational Organized Crime (UNCAT), the United Nations Convention against Corruption (UNCAC), and the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS),
Combating the problems of corruption and money laundering in connection with illegal trade in legislation
a zero tolerance policy;
Strengthen the legal framework and support law enforcement;
Improve interagency mechanisms to combat illicit trade crime;
Support governments that destroy illegal trade products;
Pressure governments and other entities that use or facilitate the use of products derived from illicit trade;
Put criminal entrepreneurs out of business;
Reduce incentives to enter illegal markets;
Reduce the ability of organized crime to penetrate the financial system;
Help governments maintain legitimate markets and promote the United Nations Sustainable Development Goals (UN SDGs).
Illicit trade negatively impacts economic stability, social well-being, public health, public safety, and our environment. There are numerous documented examples of this.
"Economic forces - measure": 300 participants at the KMU Swiss podium
The 11th edition of the KMU SWISS panel dealt with the topic "Economic forces - measuring". How should a company deal with the influencing economic forces and how can it assert itself in the constantly changing environment? Proven entrepreneurial personalities spoke on the topic.
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September 16, 2019
"Economic forces - measure": Roland Goethe, Bruno Dobler and Bruno Stiegeler, among others, spoke on this topic. (Image: KMU Swiss)
At the 11th edition of the KMU Swiss Podium on September 12, 2019 in the Campus Hall in Brugg-Windisch, more than 300 participants followed the insights of the entrepreneurial speakers with great interest. They showed how they and their companies can remain competitive and capable of acting in the market in the future.
"Economic forces - measure"
"Those who can deal with constant change, analyze opportunities and threats, act flexibly in response to changes and are open to new things will be able to go into the future calmly but also strengthened," said Armin Baumann, initiator of KMU Swiss, in his opening panel speech. The changes can vary greatly from industry to industry. However, competitors, shortage of skilled workers and innovations are strong drivers of market changes for many companies. A competitor can become a partner tomorrow in order to jointly become even stronger in the market.
Envy makes you strong!
Top performance is possible if you go the extra mile. Golf proette, Olympic participant and young entrepreneur Fabienne In-Albon is convinced of this. With her likeable manner, she gave an insight into her not-so-easy path to success. Success makes you lonely and vulnerable. And the more successful you become, the more envious you are. But envy makes you strong. And envy is a form of recognition. Fabienne In-Albon recommended quite clearly: Critics and enviers should be seen as motivators and drive to broaden one's own horizons and develop a healthy ambition. In addition, self-reflection and a change of perspective also help you to become better and better.
You are the captain! - Take off and arrive with risks
"Focus on your ideas. Give them more space and attention. And write down the ideas immediately and everywhere." That was Bruno Dobler's emphatic recommendation. He was a chief pilot at Crossair for many years, a flight instructor and today acts as a facilitator and sparring partner for the ambitious. Because every idea can be an opportunity and possible success in the future. Bruno Dobler showed how essential a well-coordinated team is. Important success drivers in business are: the right employees with their knowledge and skills. Clean processes, which are adhered to. A high level of reliability of the employees and the technology and the continuous training of the employees. These factors ensure success in business. However, Bruno Dobler also pointed out possible reasons for failure: Overexertion, laziness and a lack of confidence, in difficult, turbulent times. For unimagined flights of fancy, one should never lose strength and faith in one's idea or project - and simply be better than the others.
Future - working world?
In her presentation, Nicole Burth Tschudi, CEO of the Adecco Group Switzerland, answered the question of what this working world could look like in the future. In the future, completely new qualifications will be required. One challenge in Switzerland will be to train the right talent and to align corporate cultures with young people. Lifelong learning and constant continuing education - at any age - are inevitable, according to Nicole Burth Tschudi. "We have to 'learn to learn' again," she said. Companies are also challenged here. They should invest in the further development of their employees and attract, promote and retain young talent. This is also essential for their own corporate development, she added. With the megatrend of digitization, even more digital skills will be required in the future. However, training opportunities are still lagging behind this demand. Burth Tschudi calls for rapid solutions here. To counteract the shortage of skilled workers and talent, older employees should be given the opportunity to work longer and part-time work should be promoted to enable a better distribution of childcare.
Between Annoyance and Euphoria: An Idea Has Polarized for 85 Years
Bruno Stiegeler, CEO of WIR Bank Genossenschaft, took the audience on a journey through time. With verve he told the story and idea of Werner Zimmermann to introduce a complementary currency to strengthen the Swiss SME economy. This idea is still relevant today, that money should circulate for a living system, and this without interest.
Today, 30,000 SMEs from a wide range of industries are members of the closed network of WIR Bank. These contribute to the growth and functioning of the Swiss economy. Even a long-established WIR Bank is going digital and developing. Already, 90% of all member payments are made digitally. And a diversified business with new savings and pension products seems to be bearing fruit.
Successful conclusion
The various presentations and also the exciting and informative panel discussion with Roland Goethe, President of Swissmechanic and member of the Glarner Landrat, Bruno Dobler as well as Bruno Stiegeler stimulated interesting discussions at the concluding flying dinner. All agreed that the key points of a good entrepreneur are the passion for his idea, a clear unique selling proposition for the company and the DOING. The panel program was moderated competently and humorously by journalist Michael Sokoll.
The presentations on the topic "Economic forces - measure" can be downloaded from September 17 on www.kmuswiss.tv can be viewed. More info: www.kmu-swiss.ch