Diverse decision culture: Effects on business models – The wisdom of crowds vs herd-thinking
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Elisabeth-Herz-Kremenak-Saal
Plenary
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in englischer SpracheExamining the correlation between diversity and corporate performance, studies show that businesses with greater diversity in decision-making bodies enjoy better financial performance. Some ascribe this correlation to the ‘wisdom of crowds’ as opposed to ‘herd thinking’. Can the wisdom of crowds bring about new, resilient organisational structures? If so, how?
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Dr. h.c. Thomas SATTELBERGER
Member of Parliament, German Bundestag, Berlin; Former Board Member, Deutsche Telekom AG and Continental AG, Bonn
| 1999-2003 | Vorstand, Lufthansa-Passage, Frankfurt am Main |
| 2003-2007 | Vorstand, Continental AG, Hannover |
| 2007-2012 | Personalvorstand, Deutsche Telekom AG, Bonn |
| seit 2008 | Vorstandsvorsitzender, Nationale Initiative MINT Zukunft e.V., Berlin |
Dipl.Ing. Stefan DÖRFLER
Chairman and Chief Executive Officer, Erste Bank der oesterreichischen Sparkassen AG, Vienna
| 1990-1995 | Technical Mathematics, Vienna University of Technology |
| 1995-1998 | Interest Rate Derivates Trader, Erste Bank AG/ Giro Credit Bank AG |
| 1999-2000 | Group Manager Interest Rate & Foreign Exchange Derivates, Erste Bank AG |
| 2000-2004 | Group Manager Fixed Income (Trading & Sales), Erste Bank AG |
| 2004-2007 | Head, Department Capital Markets Trading & Sales, Erste Group Bank AG |
| 2007-2009 | Head, Department GCM Sales & Equity Markets, Erste Group Bank AG |
| 2009-2015 | Head of Group Capital Markets, Erste Group Bank AG |
| 2015-2016 | Head of Group Capital Markets, Erste Group Bank AG |
| since 2016 | Chief Executive Officer, Erste Bank der oesterreichischen Sparkassen AG |
Dorothy HILL
Head of Digital Channels, ING, Germany, Frankfurt
| 1989-1993 | Honours Bachelor of Arts, Political Science and History, University of Toronto |
| 1994-1995 | Magazine Journalism, Ryerson University, Toronto |
| 1999-2003 | Financial Journalist, Bloomberg News, Amsterdam |
| 2003-2008 | Senior IR Officer, Media Relations Officer, ING, Amsterdam |
| 2008-2013 | Managing Director of Investor Relations, ING, Amsterdam |
| 2013-2017 | Managing Director of Corporate Strategy, ING, Amsterdam |
| since 2017 | Head of Digital Channels, ING, Frankfurt |
Dr. Heike MENSI-KLARBACH
Assistant Professor, Institute for Gender and Diversity in Organizations, WU (Vienna University of Economics and Business), Vienna
| 1998-2002 | Accountancy |
| 2004-2006 | Consultant and Trainer |
| 2006-2011 | Research Assistant, Research Institute for Gender and Diversity in Organizations, WU (Vienna University of Economics and Business), Vienna |
| 2011-2015 | Assistant Professor, Department Management, Gender and Diversity in Organisations, WU (Vienna University of Economics and Business), Vienna |
| 2015 | Visiting Researcher, Department for Intercultural Communication and Management, Copenhagen Business School, Copenhagen |
| 2015-2017 | Guest Professor for Gender and Diversity, Leibniz University Hanover |
| Since 2017 Post Doc, WU (Vienna University of Economics and Business), Vienna |
Dr. Michael HIRT
President and Chief Executive Officer, HIRT&FRIENDS, Management Consultants, Global Growth Experts, Vienna
| Dr. Michael Hirt is President & CEO of HIRT&FRIENDS, a global management consultancy (*2001) that helps its clients to achieve and master profitable growth. HIRT&FRIENDS has attracted clients such as AVL List, Coca-Cola, Johnson & Johnson, IBM, BSH Bosch und Siemens Hausgeräte, ZF Friedrichshafen, Gebrüder Weiss, Harman Intl, T-Mobile, Mondi, and over 50 other leading public & privately-held companies. Dr. Hirt attended the Harvard Business School (LPSF) and holds an MBA from INSEAD (Dean’s List Award), a Dr. in law with distinction from Vienna Univ. and an LL.M. from McGill Univ., Montreal. Before starting H&F, Dr. Hirt was with HSBC Investment Bank in London, Austrian industry holding group ÖIAG, and the Boston Consulting Group, were he received several awards for distinguished client service. His prolific publishing includes over 100 articles, a regular Management Column in the Newspaper "Die Presse" and 7 books on a wide range of management issues, including "Competitive Advantage Diversity" (with F. Linhart) a study of best practices of leaders in diversity management. |
