Details:

Luxembourg School of Business (LSB) and MindForest, a Luxembourg consulting company specialised in change management, have announced that they are organising their first virtual event on early warning signals (EWS) on Tuesday 22 February 2022 at 17:00.

Back in December 2021, LSB and MindForest decided to join forces to work on developing guidelines to help companies understand the need to sense, seize and reconfigure early warning signals (EWS) as part of their daily business.

Since then, LSB and MindForest have been working together with leading companies in the Grand Duchy to develop a set of best practices for detecting and using weak signals to prepare in due time for any change ahead. By reconfiguring their business models or their operations accordingly, companies that already take into account EWS for decision making may be able to minimise the negative impacts of a crisis or to exploit the full potential of opportunities in the future.

"Given our work in the field of change management, we have always placed considerable importance on the use of a comprehensive risk matrix, but this research into EWS has the potential to take this approach to a higher level and provide enormous advantages for many different fields of industry", explained Nico Hoffeld, Managing Partner at MindForest.

During this first virtual event, the EWS team will present the project to the public and reveal the initial results from the interviews conducted with participating companies during the past few months. The research team will also launch a nationwide survey destined to gather information across the board from all Luxembourg companies and professionals with the aim of subsequently publishing recommendations for the future use of EWS in a business context.

To register for the EWS virtual event, visit: https://luxschoolofbusiness.typeform.com/to/NXUikl5V.

Venue: Online

Organiser: LSB; MindForest

Price: n/a

Reservations: See above