IMD

Located in Lausanne on Lake Geneva in Switzerland, IMD is the global meeting place for executives from all over the world. IMD, "International Institute for Management Development," has a long history of providing executive education. Today, it is a global meeting place, delivering the best in "real world" learning.

Founded in 1990
IMD was created in a merger between IMI, founded by Alcan Aluminium Ltd. and IMEDE, founded by Nestlé SA, two independent business schools.

Milestones
1989 The first World Competitiveness Yearbook (WCY) is published
1994 IMD launches the innovative Orchestrating Winning Performance (OWP) program
1995 IMD forms partnership with ETH Zurich and with EPFL in Lausanne
1997 The IMD – LODH – Family Business Research Center founded in cooperation with Lombard Odier Darier Hentsch
1998 IMD founds the Forum for Corporate Sustainability Management (CSM)
2002 IMD forms partnership with MIT Sloan School of Management in the US

Mission
IMD is an independent not-for-profit foundation with no financial support from government. The school serves the international corporate community, helping develop and retain the best qualified management talent for global leadership. IMD, the most international of all executive education institutions worldwide, is dedicated to being the “global meeting place.” It is one of the world's leading graduate business schools, bringing cutting-edge, practical focus on dilemmas and pertinent research into the classroom in the shortest possible time – to support what IMD calls “Real World. Real Learning.”

Origins
IMD was established in January 1990, as the successor of two previously independent business schools: IMI, founded in Geneva by Alcan in 1946, and IMEDE, founded in Lausanne in 1957 by Nestlé. Incorporated under the name "International Institute for Management Development," IMD, as the institution is now known, provides executive education for large- and medium-size international businesses, and for individuals.

Program participants
IMD is truly international. Every year, some 8,000 executives, representing over 98 nationalities, attend more than 20 open-enrollment Executive Development Programs (including intensive MBA and EMBA programs) as well as company-specific Partnership Programs. Participants come from virtually every sector of service and manufacturing industries. Cultural backgrounds range from young managers to board members from world-class corporations. English is the working language, though no single business approach dominates.

Faculty
IMD's 58 Faculty members, comprising 21 nationalities, are recognized authorities in their fields. They divide their time between teaching, research and consulting to major companies and thus remain firmly on top of the latest developments in managerial practice. IMD has no academic hierarchy (all Faculty are professors) and there is no tenure system.

Research and development
Learning at IMD has its roots in original IMD research. Currently more than 70 research projects are underway, each led by one or several Faculty members. IMD carries out its research and program development – 27% of IMD's overall costs go to R&D - in close collaboration with industry. To create value, Faculty members not only make sure that research initiatives are relevant to practicing managers, but they also produce a steady flow of new material for IMD programs. IMD has just opened two research centers: one in Mumbai and the other in Shanghai.

DATOS DEL CENTRO

URL www.imd.ch CONTACT IMD INTERNATIONAL Ch. de Bellerive 23 P.O. Box 915 CH-1001 Lausanne, Switzerland Tel: +41 (0)21 618 0111 Fax: +41 (0)21 618 0707

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