14th St.Gallen Public Lecture by Prof. Dr. Klaus Moeller Steering Organizations in Turbulent Times – Perspectives and Potentials of Performance Management On Tuesday 12 June, Prof. Dr. Klaus Moeller, Visiting Professor at the St.Gallen Institute of Management in Asia and Chair of Controlling & Performance Management at the University of St.Gallen, gave a public lecture to 40 guests on the topic of “Steering Organizations in Turbulent Times – Perspectives and Potentials of Performance Management”. In his presentation, he shared his insights from more than twenty years of research and practice on how the discipline of performance management is emerging in the current volatile and uncertain business environment faced by many firms. He concluded his presentation by saying that alternative measures for performance based on impact and beyond mere financial budget figures are increasingly a necessity. Furthermore, traditional monetary bonus-based pay for performance have not proven suitable in present times according to the research of Prof. Dr. Klaus Moeller. The ensuing discussion raised interesting issues such as the differences between performance measures and incentive systems in Europe and Asia, and future trends of alternative performance measurement. The St.Gallen public lecture series is jointly organized by the St.Gallen Institute of Management in Asia and the local HSG alumni community in Singapore. In the public lecture, St.Gallen faculty members share their research with a broad audience and highlight the practical application of their work.