Art and culture have become much more important economic factors than is usually perceived in the general public says Stefan Höffinger. In his latest report he cites the example of Liverpool. In 2008 the British city was European Capital of Culture and was able to reap great financial and economic benefits from the tourist boom started by this event. The Ruhr area should take the British city as the best practice example.
Dr. Thomas Schiller was invited to share his insights with the audience in this programme. Recently, Chrysler has filed for Chapter 11 Bankruptcy and announced that it's entered into an agreement with Italian automaker Fiat to keep a vastly scaled-down version of Chrysler going. Unfortunately the restructuring is going to mean thousands of layoffs and buyouts, and represents a fundamental blow to the overall viability of the US auto industry in its current state. So how did Chrysler get to this point in the first place? What are the reasons for Fiat entering into an agreement with Chrysler? And what does the future hold for the US auto industry as a whole?
Arthur D. Little, an international consultant, invited sixteen University Students from different ourses to a two day strategy workshop. The Challenge: to find and present a Growth Strategy for the Austrian based List Company that specializes in yacht interiors. The title refers to the different scenarios, with “Titanic“ meaning an ongoing crisis, and “land in sight“ standing for a fresh rise of economic power.
In February 2009 airless sold 21.1 percent less premium tickets than in February 2008, whereas in economy class it was only 8.3 percent less. Ralf Baron, practice leader of Arthur D. Little’s Travel and Transportation team thinks that even though sales of premium tickets will pick up again after the crisis it will be a long while before pre-crisis levels will have been reached again.
Bundled products, and particularly triple play services containing TV services over IPTV could be the maverick product helping incumbents retain old customers and win new ones. This is one of the prime results of the study that Arthur D. Little and Exane BNP Paribas carried out ("Telecom Operators - Reviving the fixed line"). In order to succeed, incumbents need to build up a set of products and continuously keep building on it suggests Klaus von der Hoff, Global Practice Leader of TIME at Arthur D. Little.
Chris Smith, a principal at Arthur D. Little’s Sustainability and Risk practice in the UK is quoted in the article ‘Benchmarking eco-friendly performance’ from The Times newspaper’s Sustainable Investments supplement. The article looks at the financial trade-off of investment in sustainable developments to follow regulations on environmental protection. Smith claims that “the steps that companies are taking depend on a whole range of factors, including geography, sector, financial strategy and the regulatory environment,” thus making it difficult to tie down corporates on their carbon policies.
Dr. Thomas Schiller was invited to this 30 minutes live programme to address Chrysler’s bankruptcy protection issues. Chrysler, the third-largest American automaker, filed for bankruptcy last Thursday after months of negotiations with regulators, unions and creditors fell apart when a small group of debt- holders balked at the government’s final terms for an out-of-court restructuring. The programme tries to answer following questions: Why would the United States government, while bailing out its banking sector with billions of US dollars, refuse to back America’s auto industry, which epitomized modernization and strength of the country?
The market for pharma installations is highly attractive, but bears numerous risks. On the one hand engineers have to deal with the splits between major enterprises and medium-sized businesses, on the other hand they need to have more and more special knowledge about regulatory basic conditions as well as production processes. Dr. Werner Zesch, Head of Chemical & Pharma Practice at Arthur D. Little, outlines his opinion about trends in pharma installations and what operators, contractors and providers should prepare for.
Price fluctuations, supply uncertainty and climate change are three substantial reasons why oil can no longer play its current dominant role in the energy mix of the future. This is the conclusion reached by Peter Hughes, Director of Arthur D. Little. Energy efficiency improvements, alternative sources of power as well as issues concerning carbon dioxide could result in the world economy moving quite some distance away from the current oil-centric world in the next ten years.
Davide Vassallo, is quoted in the leading article of the Financial Times’ Energy Efficient Buildings supplement. The article looks at how ‘big name’ buildings, such as the Empire State Building in New York, are being overhauled to reduce their environmental impact. Davide is quoted as saying that Arthur D. Little believes the “best time for companies to consider improving the environmental impact of their facilities is when they are already planning a major investment into building refurbishment or expansion” and that they “estimate the cost of adding a sustainability element to a major capital investment at 5 to 20 per cent of the total cost.”