I just boarded the flight to Goa and thought about the comments of Prof Yves Doz with his typical French accent: “try and note the most important lessons learned otherwise you will look back at this seminar as interesting and a place where you had fun but you cannot remember much about it“. How true. We carry so much tacit knowledge but are often unable to link it to a particular point in time.

If one can borrow, why build or buy? More than ever, in today’s climate where cash is king and credit is tight, alliances are a smarter, swifter, more reactive and economical way to pursue strategic opportunities and gain competitive advantages. These words of wisdom from INSEAD applied to the ING bank where I worked (increase the throughput in Change Management by means of outsourcing). It also applies to the shipbuilding industry, my current field of endeavour.