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Students - HHL Leipzig Graduate School of Management

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8 Partners<br />

Dr. Werner Jackstädt Foundation finances Dr. Werner Jackstädt<br />

Chair <strong>of</strong> Economic and Business Ethics at <strong>HHL</strong><br />

EUR 1.5 million for <strong>HHL</strong>’s Dr. Werner Jackstädt Chair<br />

<strong>of</strong> Economic and Business Ethics. From left to right:<br />

Pr<strong>of</strong>essor Dr. Heribert Meffert, Dr. Marc Kanzler, Pr<strong>of</strong>essor<br />

Dr. Hans Wiesmeth, Pr<strong>of</strong>essor Dr. Andreas Suchanek<br />

Business Ethics has become more and more<br />

important for today’s managers and in fact has<br />

been at the core <strong>of</strong> <strong>HHL</strong>’s education from the<br />

beginning. We are very proud that the Dr.<br />

Werner Jackstädt Foundation, Wuppertal, decided<br />

to fund the Dr. Werner Jackstädt Chair <strong>of</strong><br />

Economic and Business Ethics together with<br />

the Stifterverband für die deutsche Wissen-<br />

schaft at <strong>HHL</strong> to the tune <strong>of</strong> EUR 1.5 million<br />

over the next five years. Dr. Marc Kanzler,<br />

Board Member <strong>of</strong> the foundation, announced<br />

the commitment during the 2009<br />

<strong>HHL</strong> Excellence Dinner: “Everyone who is<br />

able to do so should help prepare young<br />

people for the challenges ahead. The Dr.<br />

Werner Jackstädt Foundation supports the<br />

education <strong>of</strong> effective and responsible business<br />

leaders. We think that future managers<br />

should be urged to think about ethical issues<br />

and develop an attitude which leads to more<br />

than just the sustainable growth <strong>of</strong> their<br />

company. Through our funding for <strong>HHL</strong> we<br />

are supporting not only education in this field<br />

but also research activities and the transfer<br />

<strong>of</strong> this expertise back to business.” Pr<strong>of</strong>essor<br />

Dr. Andreas Suchanek, holder <strong>of</strong> the new Dr.<br />

Werner Jackstädt Chair <strong>of</strong> Economic and Business<br />

Ethics: “In teaching and research we focus<br />

on successful social cooperation, which is<br />

also related to fairness, sustainability, respect,<br />

responsibility and trust. We speak about obstacles<br />

and ways <strong>of</strong> dealing with them. This is par-<br />

<strong>HHL</strong> News – wiNter 2009/2010<br />

ticularly interesting when it comes to restrictive<br />

regulations or competition – usually situations<br />

which are the opposite <strong>of</strong> cooperation. We develop<br />

and teach approaches which help managers<br />

dealing with daily challenges. The <strong>HHL</strong><br />

community very<br />

much appreciates<br />

the support <strong>of</strong> the<br />

Dr. Werner Jackstädt<br />

Foundation<br />

and the Stifterverband<br />

für die deutsche Wissenschaft and says<br />

THANK YOU! This is another step forward in<br />

realizing our strategic goals. There are many<br />

more steps to be taken. If you are interested in<br />

learning more about our plans and how you can<br />

join us in implementing our growth strategy<br />

“<strong>HHL</strong> 2020”, please contact:<br />

Dr. Harald Langenfeld, Chairman <strong>of</strong> the Board <strong>of</strong> the Sparkasse <strong>Leipzig</strong><br />

Interview<br />

Dr. Harald Langenfeld<br />

<strong>HHL</strong> news: The Sparkasse <strong>Leipzig</strong> is<br />

strongly involved in the area <strong>of</strong> education.<br />

What are the reasons for this?<br />

Dr. Harald Langenfeld: Economic and social<br />

development has been moving in a clear<br />

direction: we are becoming a knowledgebased<br />

society. Educational capital, in the<br />

form <strong>of</strong> well-trained and academically<br />

qualified labor, is the central basis <strong>of</strong><br />

Germany’s economic competitiveness and<br />

power <strong>of</strong> innovation. Local educational<br />

opportunities – especially at college and<br />

university level – are an increasingly important<br />

location factor. The American statesman<br />

Benjamin Franklin said, “an investment in<br />

knowledge always pays the best interest.”<br />

The Sparkasse <strong>Leipzig</strong> strives to strengthen<br />

<strong>Leipzig</strong> as a center <strong>of</strong> research and innovation.<br />

We believe that support for science<br />

and research, as well as providing learning<br />

opportunities for a wide cross section <strong>of</strong><br />

the population, is a significant part <strong>of</strong> our<br />

corporate responsibility.<br />

<strong>HHL</strong> news: How would you describe the<br />

partnership between your company and<br />

<strong>HHL</strong>?<br />

Dr. Harald Langenfeld: We have supported<br />

<strong>HHL</strong> from the start and are proud to help lay<br />

the foundation for the education <strong>of</strong> talented<br />

young executives. Since 1993, we have<br />

been a member <strong>of</strong> the Board <strong>of</strong> Trustees <strong>of</strong><br />

the Kramer Foundation and have funded the<br />

Sparkassen-Finanzgruppe Chair <strong>of</strong> Macroeconomics<br />

headed by Pr<strong>of</strong>. Dr. Wilhelm<br />

Althammer. The chair focuses on macroeconomic<br />

theory and its implications for<br />

Ulrike Maria Dienemann<br />

Head <strong>of</strong> Business Development<br />

Tel: +49 341 9851-618<br />

Fax: +49 341 9851-711<br />

E-mail: ulrike.dienemann@hhl.de<br />

Internet: http://www.hhl.de/support-hhl/<br />

economic policy, especially in the field <strong>of</strong><br />

international economic relations. Its research<br />

centers on international economic policy,<br />

environmental policy and their interaction.<br />

The chair has proved to be a very effective<br />

way <strong>of</strong> connecting support for research and<br />

education on a long-term basis.<br />

<strong>HHL</strong> news: From your point <strong>of</strong> view: what<br />

does a manager need today?<br />

Dr. Harald Langenfeld: Certainly there are a<br />

number <strong>of</strong> characteristics that a manager<br />

needs to have to be successful – leadership<br />

qualities, assertiveness, the ability to think<br />

strategically and in terms <strong>of</strong> day-to-day<br />

management, to name just a few. Recent<br />

history – the financial crisis, corruption affairs,<br />

spying scandals, and failed takeovers – has<br />

shown that good management depends first<br />

and foremost on the right attitude. Good<br />

managers build trust. They build trust<br />

through honesty, frankness, and credibility in<br />

their everyday dealings with staff, business<br />

partners, clients, and society at large.<br />

Sustainable thinking and acting are more<br />

important than ever before.

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