Four years after an internal report warned of unequal employment terms amongst the growing ranks of consultants hired at United Nations sites, we talk to staff and management at the organisation’s Swiss hub. And it's not just the consultant hired for office jobs in Geneva who are enduring stressful conditions.
After the 9/11 attacks in New York back in 2001, Victorinox sales fell by 30 percent. Many firms would have initiated mass layoffs after that kind of setback, but the company most famous for its Swiss Army knife chose instead to diversify its offerings in an attempt to turn it around. It was a risky move that mostly paid off, save for a clothing line that was discontinued after it failed to catch on. So where will the brand go next? Florent Girardin, assistant professor of marketing at Ecole hôtelière de Lausanne, says that he thinks a new marketing strategy is needed to tap into the younger generation of consumers.
Who doesn’t know the little red pocket knife with the Swiss white cross? The Swiss Army knife was developed in the late 19th century after the military decided that its soldiers needed a practical, versatile, and portable tool. Over 500 million pieces have been sold worldwide, and each knife is still produced at the Ibach-based family company Victorinox.
Deutsche Bank is not the first to undergo sweeping changes: Swiss banks like UBS and Credit Suisse have also felt the pain of mass restructuring. But Editor In Chief Andreas Schaffner argues that this is a whole new ball game.
Pension funds have been the talk of Switzerland this week, where payouts have gone down and could potentially go even lower. That means a noticeably smaller chunk when you retire, as Andreas Schaffner explains.
Though Switzerland is not part of the G20, this week’s summit has big implications for the country. Switzerland’s relationship with the world’s two superpowers, who are currently at odds with each other, puts the country in a unique and possibly precarious position, as Frederic Lelievre explains.
For the first time ever, the Swiss stock exchange hit a lofty 10,000 points in trading earlier this week, and it is flirting with that number once again. But is this really due to the strength of Swiss stocks?
From the women’s strike to the still-unsigned EU framework agreement, events this week have shown that Switzerland still has a lot of work to do. Frederic Lelievre breaks it all down in this week’s edition.
The European Union is racing ahead with its action plan on sustainable finance. But are Swiss pension funds doing what’s needed to catch up? Dorothea Baur, CEO and founder of Baur Consulting, and Heinz Rothacher, CEO of Complementa, discuss why Switzerland risks missing the ESG train.
It is supposed to be a secret conference of business and political leaders. But the list is out for this weekend’s Bilderberg Meeting. Frederic Lelièvre reveals just who is on the guest list in this week’s Number of the Week.
Competitiveness across Europe has struggled to gain ground, but Switzerland is bucking this trend after climbing to fourth place in the IMD’s World Competitiveness Ranking 2019. Arturo Bris, director of the IMD World Competitiveness Center, gives his insights on this year’s competitive landscape.
ABB Switzerland Managing Director Robert Itschner says that there will be changes ahead. He explains how digitalization is transforming the business and why he sees tech giants such as Google and Microsoft as partners and not competitors.