Columns
January 29, 2016
Howard Yu is professor of strategic management and innovation at the IMD business school
By a Luxury Daily columnist
{"ct":"\/r\/Opp+9NakFseChm8TX8ootE\/v8ookjFzG0Cb3cmr2sO6DHtdaqK8\/Kse1j6U0rMgovxprk+CLfnH8nvWguwXLK\/gxveb3xcbEHUNAsu4Ecuo+zQODcS7qhfWXPRUQxidwYoJGOAo9om3ElH9Ds0QMKPj+fyfx5gK1301YS0xu\/feA4xvFt0qyGePHc3oNZrdqdVbTuThdL8OFr\/EsBHejdsYmgYP8UKvBeaP812G3QrreMeWp5Gu\/Y0keRoYfIi95CieMtdVeeAQpPFtHzO1Y9eG82I4rTEk7QRJLAtV6BVh8CL6z6jqgZCMd74\/RmxM9gZvyaorC4NpxHzQdWMo7vMNFYT6kYtLLkkmPBcMBCTcnUGJGANQKDUcD6TyfUzEkgHz5PRc2h78Uy8v0SZdTuVEvkB9nuU7mbN7x6F+GcL1yTfAlA2REU+ksTHkN01FyrQwX2s6uv5YWG2doYbmB4Ywg6bck1Fspy2UuJcxwR+ZFNEKbwYn9dVhJXkpiz4ypdf6vCm9puPwO2+ReM1QJ0CBcFMrS\/5CoXkK\/HkzaMvE8pXi6hXfIpQ3rRpAKbCsxpqtwvqqEZCCGEHOj0iH7DMpvzauI4dSQ5CUl2OBwc74oOFl+2ioM6t5e\/hnKpjo+2OxZ86UDZbsyclVimxE5b4M4U4+Mfc9mEXSsJ2VN1Pbk\/cRQFCSHPvqcAqfckwZlDJiiFqES6T89Brb4UTEAMsW8vYUTrWFUXjRxzvfMxk5Zy3eeobETFQT\/Vt87jIhuqveF9nePSBLf7Zq3Wj31VJ5Yfk9GSpGX9RpHYRmhdcDJiz+0YhqXSY2hWVixIKYie8vxxiokl7FqnJcFYAggdwOTaBx2jCCXZNpq7XUebWLL1KP7JoO1fUXemKjVIpSMMesTP2ofmA6KHwnDzBBjFzSE72QyXQiRHpKcwgY6IWoi2g05ANUr4xs+53uvJDCBLmSw89ZWtp6atma5woko6bVt+P+EZYj48lfqYJVRrk4CG2g1OB8gBRGOUq2GKzSOyJ8lzorgBcTz4jtVdUVZU\/sk7f5LdPetOZ0vMceCP6igEzvTxnXLegVPYZ\/Gt1PKmYAdBqijX8gL2mhl4\/frC4YsDcjUaNBuRMl86NHtsNIytELswZ4mKIjSNKQvHAYstePJuvIV0lOG9+R8Got4WrsK8lWXy5XP9R+bS7U8AXTrl7+fHspXd6PZYQozMaadg9kId83pt0raKmtLBzBf28g5+s+zGmQrpABcj5mGvaZn9DEJdFcgN4mLxQ2xdGWwDEhU\/48mOUvhzNDbttzAazApLLSuXqA1\/LEkrCtVayV\/VtBJCZ\/m\/8BdG1EhZQTldWF\/z5r6yVBAIBgmquR+lFNzvp9\/Nr7qQdBisLOpGWeeWjmmBOz1d0K1mN7p9H2cML+\/MBi72Fjv1B4sNHEZi+o4YgfAJYxieZ8iQHLZIuiLHRE2\/qlNgHfM1VQQAxhV51acW5iC6DVuug\/9K93gmDeC1H2wfpjMQgm8Q7yDfeB8\/txYJijtLYqEJsyZ0VgzOlnZebdREDBfbTD16e1BxqSB6Pj3Cb0x4queUPJi6gJ0HN7m1FTuol67AOZWvafdzNcoQcoJpy4z2tiUOkq1oP5vjyZPRWSzKOwV7+NXfwTOblYdkj+BJ7TztHjN150CZxf+\/1NUOTfWXdcPypab8NAwa8nz3QuzfU8p9BQF4nOjFQ1EMxMf148dbB4NoZFyXN3ZUSeXT1sNxZ\/9JzTKGws627AV4BNzyXJouyPQtPHAKr+VuZbRO6lcYYF0ajNyu\/FJEXZt\/+vlD6YK\/JB23RlXQj6fk5DrpF5bZmsIxrQZthHOMKip7HgJDfnDoBQV930ULsUAYCOmqNP40MFNvpiISyf6r3e4ltXviKRDI0if5X0wVMRUWn06KLwyX7R+X06Gq3pA6SNvPssJDzk7YG4oYi+\/B1KomIS\/g4ndrJY5Wq2PLuSaGGWTP4Rjcq+zabxbswPhm3Gq9IZ46qNRJAfgRLhgGhMPXMWoY1h7uN0q7X1dM\/x\/X5Z3CwQ\/xCfshKFN0TdpNQw2yzHJr7cX1y6IQf44wZ3qaVUv42nEiOou59g2ZfwUwfkX3+o36V4U1uG9Kdae6iYEQf7JzpVoBNdEWVQn7UKbeuTYyr5Jwl7+nYf\/fKcI9ooVJLyJIH84coWCw1sR58zhv\/tUFbxAcUb8psp\/LoIFR3G4uy9\/YWErTkWcK+KBInSrJLLnBJjWVvRILhmRiEewGrAfl8G6aLU3DlkpsuU5Ep1W3O6mtgqK4vjjmd1c2WT6Bw1Q7HZ3rkYaqrv1eK5LyGGXMA2eoH7W2BJgHA6E4T++1BfUjn+enA9GL0f213AgsxHTvHhK6HG+2Sdan\/oqPKEfWlRJy63g7ifwZ5N0mDnaHHGve4VFyH\/SKQxRrxxhAOWXA4E2iySAuHJRXsXc2PlE1dEg8vxTcLvylSHFBnPAcrecJ93K1VWM22oYeeL1RnAgSorPP\/CBRtwbwZooLL2NYnRbfbX2HODPlJT97H77wRDHS8gnNBsJlJ+Fvya0E1VjniPwKWtZi1lpUllK6ObqxxOk9f2yN6pERo+36Nq3TzLMUtKyJOFX9ycTfNT8+XsDeDAPGnhvU+zTGOmfN0TanWVs3SQhnTP2SHZtQdqgu2rJZFUbX\/k4eTIbLFOXYs5Xbxg8ohqIoapGvDZCsWgR4dzjmjdq+7H\/mBXAl9CaQBD3IwsnO+BYoPFpLCCgJY6ifBfbWabgShhENnhTBA0ttDUU4WmnVrdBOh7Ip8BvK32uCT75L2l86BfK95Xz6H\/BIELySlGy+AnM\/O29o\/Qo9dDchq8n+PQ9bLrLkuNairUbV9Xoa891rvqwTqtUc6oXQCb\/Rha4rkqdNHWSJKNXnWFALPb1fde5GVbqAC4vhPRGu86Abd\/e2xUfZe5QRoYQbix\/wyWj3r2sN4uGuNLxlWum3SCKiNMzryh03ASdsI0KtC5ADvbOYEA+C+CpU214g5TOFL+eBxk6s\/1oDo4XqpxKI1Xk2K4nIxhrE7PkUWLa\/e8znkvHrIsWwPNgkmvXAzF6LzDdpC9G4h6ZRJmgVn543\/qY+lG5IYgIzEtnx1tQbYWFgv6Q\/M57BWFSbp1wQXixgwO4cgxfOatAIF1g+PAy1NSaEunlZq2RKPAkkudji\/9dDZeTa9MT+gMKY\/jRBhQmdPVqqE1rtvXGDcZ7x60vK8uEQxqr09G8XJEgvGlSGurPe8WHzWJM\/DLDPYih5xVZxF7m+JyO+yuH2cp9OnwOGS3J4efFGwkBHszBW4yk1UCCOYDYQBJT5F9Uh7A+Y5r0WEGhohi03ZfHOcFXRMNZgn9usqfUyEmADyr6R1Wvf\/sq0MwOls2CLWxdluxBsUqEkr75hUjchDZCoQEzosIFsbBiDhdaElShe460bu9edErLfWJz4JDYh+79oTqqmj6qRcm\/CRZ3bnR\/flpTyDYI3yyVjubnkhGUzzhZuPiit0IG\/PdeyxlkLxc0P0yAY4mYnrV3Oz4E3p6dJ+iXwvOa8Xyo1MBttvp1BPU3UeT82f29bwHRV87nyEAGaBvijXlEceEevNQ1R9QEu8jerGkOlcU97lUcCQ6Xvu6dHCDRF4nrPuJ2eEAhpSFm\/\/lXdDjb+pHzwHJWtilUz2Tmo0EeHgau3pQcOmImJ8MmY0Ac1WvgVpanxSQfPr5lBPBqi9ZRP7hbMqEWUTOznFz\/60PsrpOnFCSPTiljoI9j1GdYWRWKV7fVgnI6vebjsGhlI1BVoh3z+Ja8amtxe6JHYCK0d7AgWbXzvJJZU9FZcHk2MxZYNUW76mutCcZi6x\/QcVRoJKqtkT92iRTFJm6Etz64VkoDesYwlrlbDBqGOKNNjYf\/sGTjco+X04ap4qeQLVc3aZrJq\/uPSmu7Qmp2ZVG7Eyd4wuZTj62iTrcEl1IGO978ppvmNBxHp8Tnaai\/1557e5b8L0CU57JF5TfW+60EeeKVU11ToJCw8Vbi+kHUB8nSv1\/DFCxmeq2zedXqQ+si4SpKDBY8daPyz3HNsfE3egC3ZWESRBxwYUTUmGWrFm0\/+0jVn\/OEx\/a2Hs8sc\/kC9zFziQMAO8aluIplbDqzf0\/h5A88KBr\/4AohNXyzckKsi+xZhVN8DYm86RstkWm+00QcUBA8ir687Xs8yWHiZ+coWU23KR3J2CK+R0k7duE32ecjrh14nPMDUiDHJxHnW4SFO3rPs8Cw8ND7DBrordf\/Aww3MR3b2D3XHgTR51y6vE0tHLaP0pduiOLDGjxE7vtZqvmdjW5Q1YeOMzIaVsXBSzMMNw54gqRDmgHcwb8\/0pUpKDUUT7uIOmIezsw0sokTe1D\/2305RDEwnX5LcxOpE+lUVsq1JRnhw6oWhOIIxutISaVKnhC9QuhliI705x28LdZk7x6JJAsFDTM6lswyMmRLFflAS8R7esTxsYU6ZA3\/7ZzALpMZmvMxCkgYtXYcEBttPbgR95qnej+RAIOlxIX\/3+hmvhXcYnVfqj0Zfjcbj\/C6BqlkB8VDPhLJLcnxr6xVoaHWxTKhFTb9p3r3MInpsfo1TzaacG1JI4w0MglBP2qRWJDuESDXPE3Mwt7U30jh1Stpm+qv9BHRHI\/HNZBoeY1Ie1GiEDXIlDS8H3FELMTWO+MLYSeFa+w\/WfF5ex1eJcAqcO0q7AOZTGtdWdfikJo1okuWFgGd77FkXGbq1jiHO8S4pT4Qol5\/QA\/fu2bvGgvs+zU7E\/Yphn16lKSbbv\/YzZcNtX3\/yrzx7jBTNvWAvcNTkRECb4F5s0ONWC4q4HplusdHoINYbCsjpX1\/Qp\/SBFPydya1GzIOd47+XHcpb2zZAg4M5EkUpiVYb2Rg2S9kPf9J64gmR0zchxUH2zzrwvhIb+M3pypUPpSsWMaaK8wfxuRE66M8OMBPYjD5v8skshopCUp0mjqWBSY77bg6vRDaljcxRzIeam4Zazp98c0gaSPbOTZ6ykPN8hubomr8P2a05lADIgPZ39dEFZ5pQ9lHg3ZtD8wc4hpnwxmPWxBjCTdtR","iv":"4893451096868ccbdfce3230ee0f86d9","s":"ab53580b0ed893f0"}
Share your thoughts. Click here