The European Business Review January - February 2013

Contents

Leadership

Sustainablility

Global Business

Innovation

Business Process

5 Board of Directors Oversight of Leadership Risk Patrick R. Dailey & Charles H. Bishop, Jr.

14 Leading The Capability Revolution Jonathan Trevor

21 Ethics + Business: Ingredients for Great Leadership Claudia Peus & Armin Pircher Verdorfer

27 Will Innovation Save the Planet? How the principles of successful innovation could slow global warming. Morten Olsen

31 Innovation and Integration for an Environmentally Friendly Alberta

36 Luxury is a necessity in People’s Republic of China: Social Rejection of New Wealth in the Socialist Market Economy Pierre Xiao Lu

41 Accelerating Your Worldwide Business with a Hub in Switzerland Aargau Services Economic Promotion

43 The Silicon Valleys of Latin America – searching for “Shared Value” development models Luciano Ciravegna

50 Disagreement to Convergence: Wisdom in Diversity Adam Kingl

54 Innovate the Way You Innovate Stephen Shaprio

60 Who innovates out of the crisis? Daniele Archibugi, Andrea Filippetti & Marion Frenz

63 ‘Big Data’ vs. Quality Information: The peculiarities of Information Markets Miklos Sarvary

67 Getting Ruthless With Your Processes Avinash Goyal, Suzanne Heywood & Toby Gibbs

71 Cultural Fitness for Business Process Management: What is it and what is it worth? Theresa Schmiedel, Jan vom Brocke & Jan Recker

“In a world where the pace of competition is increasing faster than ever, bestin-class processes can create competitive advantages in areas such as innovation and risk management.” Business Process, p.67

Editors Jane Liu Peres Kagbala David Lean Elenora Elroy Annabel Jacobs Commissioning Editors Laura Macshane Nisha Khimji Natasha Scott Business Development Editors Ian Love Marcus James Mellisa Ford Diana Hamilton Head of Production Saul Luckman Production Charlotte Godfrey Norman Steinberg I llustration Suya Zhang Mark Hithersay Head of Finance Lynn Moses

Editor in Chief The European Business Review Publishing Oscar Daniel

READERS PLEASE NOTE The views expressed in articles are the authors’ and not necessarily those of The European Business Review. Authors may have consulting or other business relationships with the companies they discuss.

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