Michael Nippa, Chair of Managment, Leadership, and Human Resources at the Faculty of Economics and Business Adminstration at Freiberg University of Mining and Technology since 1997. Management consultant for top performing German companies sicne 1987. Visiting Scholar at Marshall School of Business at U.S.C., Los Angeles, and Australian Graduate School of Management, Sydney, Current research areas: corporate governance, management fads, biotechnology industry, strategic decision.