Hochschule Aalen’s new Management InstituteHow to run a company based on values and responsibility
Hochschule Aalen, a beacon for all questions regarding value-based management and sustainable corporate governance: this is the goal of the newly established Aalen Management Institute (AAUF). President Prof. Dr. Gerhard Schneider and the two directors of the institute, Prof. Dr. Patrick Ulrich (speaker) and Prof. Dr. Ingo Scheuermann, were all present at the festive opening, alongside more than 60 interested guests.
The many visitors from research, teaching, and practical positions that came to witness the opening of the new department highlight its relevance –among the guests were managers from medium and large companies, renowned professors and partners from consulting and auditing firms, as well as students from the new master program Auditing, Finance & Governance (MAG). President Prof. Dr. Gerhard Schneider made the opening remarks after a welcome in the auditorium´s foyer. He put a special emphasis on research of business success factors that can lead to evidence-based recommendations for “good” leadership, management and corporate governance. Following his speech, there was a word of welcome from Thomas Spitzenpfeil, CFO and member of the board of Carl Zeiss AG, who emphasized the permanent value of reputable business people for his company. Spitzenpfeil made this a focus of the AAUF, saying “It’s about a bigger definition of corporate governance: leadership, management and monitoring of the business by responsible, forward-thinking leadership.” The Carl-Zeiss Foundation and Carl-Zeiss AG both support the AAUF.
Prof. Dr. Patrick Ulrich, as Speaker for the directorate, introduced the new Institute, presented the first insights into the research and showed exciting prospects for interesting results regarding the status quo of corporate governance. Prof. Dr. Ingo Scheuermann and Stefan Spieler, Head of Finance & Performance Management for Mannheim-based CAMELOT Management Consultants AG closed the presentations with excerpts from a CAMELOT study they did about the digitalization of controlling.
After that, the representatives from science, business and various networks who were present used the looser atmosphere to exchange ideas. Prof. Dr. Patrick Ulrich, in view of the work ahead, said “This event was a complete success. This will create an interesting dialogue: the institute is filling an important gap in the valuing of governance-elements, which will result in important changes for transfer and teaching.”