Stephane Garelli is a world authority on competitiveness, having pioneered work in the field for 25 years. He is a professor at the Institute of Management Development (IMD) in Lausanne, Switzerland, where he heads the World Competitiveness Centre, and also an associate professor at the University of Lausanne where he teaches competitiveness of enterprises and nations. He was Managing Director of the World Economic Forum and director of its well-known Davos Annual Meetings for many years. Besides his academic career he has worked closely with several large global enterprises, in particular as