Stephane Garelli is a Professor at both the International Institute for Management Development (IMD), one of the world's leading business schools, and at the University of Lausanne. He is also the director of IMD's World Competitiveness Center and is an authority on World Competitiveness: his research focuses particularly on how nations and enterprises compete on International markets.  Professor Garelli is closely connected to the world of business. He is, among others, Chairman of the Board of Directors of "Le Temps", the leading French language Swiss newspaper. He was formerly Chairman of the Board of the Sandoz Financial and Banking Holding, and member of the board of the Banque Edouard Constant. The author of numerous publications in the field of competitiveness, international trade and investments, he is also a columnist in several magazines. For twelve years he was permanent senior adviser to the European management of Hewlett-Packard, and before that Managing Director of the World Economic Forum and of the Davos Symposium for many years. He is a member of a number of institutes, such as: China Enterprise Management Association, Board of the ‘Fondation Jean Monet pour l'Europe', The Swiss Academy of Engineering Sciences, the Mexican Council for Competitiveness, etc.  Stéphane Garelli is widely considered to be one of the top lecturers on economic and business matters. He has a unique ability to analyze and describe the world economic environment as it evolves, and to draw conclusions about what changes in the world economy actually mean for companies and individuals alike.