is studied by all schools and universities

A group of professors and lecturers in management science, associated research laboratory Dauphine Research Management (DRM), book a "plural look" on priority themes for businesses. Their collective work () published too early to address the consequences of the current financial crisis is already the question of the most relevant modes of governance for companies. And serves as a support to the development of crucial strategic reflections.

Review of remuneration

"The accurate determinants of the performance of leaders remain a puzzle...". ", concludes Sofiane Aboura and Antoine Renucci, all two lecturers at the University of Paris IX Dauphine.

Compensation of patterns have never even made debate. In the United States, the presentation of the Paulson plan to get out of the current financial crisis, favours the concentration of criticism on the "financial packages" (fixed salary, bonus, etc.) patterns of American investment banks. Debated in many countries, the question of wages CEOs should promote the birth of new legislative devices to improve the corporate governance, committees of remuneration has not yet been proven. France, the Medef Ethics Committee has adopted a new corporate governance code, the Government requests that the recommendations of the employers ' organisation on the regulation of the remuneration of patterns be formally accepted by companies before end of 2008. Furthermore, Sarkozy has said that "the methods of remuneration of managers and operators must be now framed" to put an end to the "abuse".

Financial Follies

"Prisoners that they the financial-mathematicians who work in banks, Editor's note are their training and their common beliefs, of their faith in the technical devices that they design and implement, and also their corporatist confidence in themselves, they could probably imagine that a case such as this scandal Kerviel at Société Générale, ed. could happen.", and this, despite the precedent of Barings. This is possibly why she arrived... ", is Professor Bernard Colasse, Professor at the University of Paris IX Dauphine.

The Société Générale case asked the limits of the modes of pay incentive within investment banks. "It is dangerous to bet on the single individual ethics of the staff members to prevent an ethical risk within an organization," warned Bernard Colasse. In fact, the turbulence of any nature of the financial sphere are boosting the debate about the usefulness of codes of conduct which the application is flexible as it is profitable for the Bank. This case also point failures of independent directors and various committees of the boards (boards of Auditors, audit, etc.).

Moves on a new employer report on governance in French And what new devices control and management of human resources put in place within investment banks

Flexibility of the employment contract

"The real challenge of the flexible economy is therefore not the contract which breaks but the contract which lasts, whose management is only legal order. "This makes a managerial know-how to invent", says Eric Pezet, Professor at the University of Valenciennes.

The law of modernization of the labour market on June 25, 2008, which gives greater flexibility to the contract of employment, will disrupt the managerial practices. Now, it will be to manage a link not only legal but psychological, also "formed of mutual expectations. It is on this joint that will need to build a new mode of management of the contract of employment.

Digital business

"Several reasons for the development of mobile information systems: pressure on operating costs, globalization, chronocompétition, client focus, the globalization of the activity." "Mobile technology promote the nomadic company practices clearly," noted Michel Kalika, Director of the school of management of Strasbourg, and Henri Isaac, Professor at Paris-IX Dauphine.

Collaborative work tools line, customer relationship management, integrated management software, electronic mail, professional nomadism (phone and portable computer, electronic agenda, etc.), in recent years, digitization has continued to grow in the business. What rethink the issue of time and the legislative framework. And the question of the increasing interweaving between professional and private lives.

Place of CSR

"CSR corporate social responsibility, ed. does not lead to a managerial revolution, she anchored in a classical managerial paradigm," notes Françoise Quairel-Lanoizelée, lecturer at Paris-IX Dauphine.

A recent study by Sequoia and Clarefi attests to the significant progress of sustainable development in enterprises. Of after it, a company on two published a report in this area (compared with one in four in 2004). In fact, the strategies are multiple: voluntary commitments, Bandwagoning, positioning a minimum, cosmetic approaches. And highlight the difficulty of reconciling the collective interest with the objectives of profitability and sustainability of the company.

Strategy "low cost".

"The"low cost"strategy research a form of imbalance by sufficiently strong differentiation of prices down in exchange for stripped, lower-quality offer," explains Stéphanie Daméron, Professor at the University of Rouen.

The concept of the "low cost" prosperous in many sectors (automotive, air, etc.) is studied by all schools and universities. And there is no dispute in this area, the detonator was the 2004 launch of the Renault Logan by the Romanian subsidiary Dacia. But these strategies constitute ideal answers to consumers concerned about the decline of their purchasing power

Purchase behaviors

"The market opportunity has today, in France, strong growth, common to other countries, including through the multiplication of vacuum-attics, implementation of specialized signs and the growth of the Internet", are Denis Guiot, Professor at the University of Paris - IX Dauphine and Dominique Roux, lecturer at the University of Paris XII Val - de - Marne.

Reduction of consumption and the development of an ecological sensitivity lead to a material modification of the behaviour of consumers. But is it really a significant development of a sustainable and socially responsible consumption And a green revolution

Mergers and acquisitions

"Inventing a meeting of third type, Renault and Nissan have paved the way towards less threatening, more open and less conflicting reconciliations on cooperation", said Fabien Blanchot, lecturer at the University of Paris-IX Dauphine.

The effects of mergers and acquisitions depend on external events difficult to anticipate and not controllable. To profile the players in place and the terms of reconciliation. Will see the development of a middle way between pure fusion and the pure alliance

Competitive intelligence

How Japanese companies tackle the Chinese market is rich education for Western companies active internationally, by Jacques Jaussaud, Professor at the University of Pau and pays de L'adour.