Peter Lorange is the owner and the president of the Lorange Institute of Business and one of the world’s foremost business school academics. For 15 years, he was the President of IMD, Lausanne, one of Europe’s leading business schools. Peter Lorange is Professor of Strategy at IMD and holds the Kristian Gerhard Jebsen Chair of International Shipping. In addition to his academic background, he has gained extensive shipping know-how as director on several shipping company boards. Moreover, he has written or edited twenty books and some 120 article. His areas of special interest are global strategic management, strategic planning and entrepreneurship for growth.