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EDHEC
393, Promenade des Anglais
BP 3116
06202 Nice Cedex 3
France
tel : (33) 4 93 18 32 44
fax : (33) 4 93 18 32 74
E-Mail : philippe.very@edhec.edu
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EDUCATION
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1977 Baccalauréat C
1983 Engineer, French "Grande Ecole"Marseille Engineer
School (ESIM-IMT).
1985 DESS, Institut d'Administration des Entreprises (IAE), Aix
en Provence.
1989 Ph. D. in Strategy, IAE Aix en Provence
1998 Habilitation à Diriger des Recherches en Sciences
de Gestion, Lyon 3 University (Accreditation to act as PhD director)
PROFESSIONAL EXPERIENCE
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1986 Co-foundator of a firm in the distribution of industrial
products
1987-98 E.M. Lyon (ex Groupe ESC Lyon). Assistant Professor, then
Professor
1998-2001 EDHEC. Professor and Deputy-Manager dpt Management and
Strategy
2002 EDHEC : Associate Dean, in charge of Faculty Development
PUBLICATIONS
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• BOOK AND BOOKS CHAPTERS
. VERY, P. (1991), "Stratégies de Diversification
- Nouvelles Perspectives", Ed. Liaisons, Paris.
. VERY, P., R. CALORI & M. LUBATKIN (1993), "An Investigation
of National and Organizational Cultural Influences in Recent European
Mergers", in J. DUTTON, A. HUFF & P. SHRIVASTAVA, Advances
in Strategic Management, Vol. 9, J.A.I. Press Inc., U.S.A, p.323-346.
. CALORI, R., M. LUBATKIN & P. VERY (1994), "Acquisitions
en Europe : Typologie et Facteurs de Centralisation", in
A. NOEL & P. DUSSAUGE : Perspectives en Management Stratégique,
Tome II : 1993 / 94, Ed. Economica, Paris, p.269-290.
. VERY, P. (1995), "Success in Diversification : Building
on Core Competences", in A.A. THOMPSON, A.J. STRICKLAND &
T. ROBERTSON KRAMER, Readings in Strategic Management, Fifth Edition,
Irwin, Chicago, USA, p.352-371.
. NOEL A., P. VERY & M. WISSLER (1995), Perspectives en Management
Stratégique, Tome III : 1994 / 95, Ed. Economica, Paris.
. VERY, P. (1995), "Différences Culturelles dans les
Acquisitions Internationales", in A. NOEL, P. VERY &
M. WISSLER, Perspectives en Management Stratégique, Tome
III : 1994 / 95, Ed. Economica, Paris, p.199-223.
. LUBATKIN, M., R. CALORI & P. VERY (1996), " A Comparative
Analysis of British and French Administrative Practices ",
dans l’ouvrage de Prof. Dr R. BERNDT, International Mergers,
Ed. Springer-Verlag, Berlin, p. 125-142.
. VERY, P. (1998), "Success in Diversification : Building
on Core Competences", in A.A. THOMPSON, A.J. STRICKLAND &
T. ROBERTSON KRAMER, Readings in Strategic Management, Tenth Edition,
Irwin, Chicago, USA, Part 3.3.
. VERY, P., M. LUBATKIN & R. CALORI (1998), "A Cross-National
Assessment of Acculturative Stress in Recent European Mergers",
in M. CARDEL GERTSEN, A-M. SODERBERG & J.E. TORP, Cultural
Dimensions of International Mergers and Acquisitions, Ed. De Gruyter,
Berlin, p. 85-108.
. CALORI, R., P. VERY, P. & M. LUBATKIN (1998), "The
Development of National Collective Knowledge in Management",
in C. EDEN & J-C. SPENDER, Managerial and Organizational Cognition
: Theory, Methods and Research, Sage Pub., p. 147-167.
. CALORI, R., M. LUBATKIN & P. VERY (2001), "Control
Mechanisms in Cross-Border Acquisitions", in P.J. BUCKLEY
& P.N. GHAURI, International Mergers & Acquisitions, ThomsonLearning
UK.
. VERY, P. (2002), « Des Fusions et Des Hommes »,
Paris, Editions d’Organisation. Winner of Manpower Award
for 2002 best book in Management ; Winner of Edhec Foundation
Award for best 2002 book, Finalist of the McKinsey-Harvard L’Expansion
Award for best 2002 book in management.
. SCHWEIGER D. & P. VERY (2003). "Creating Value Through
Merger and Acquisition Integration” in C. COOPER & A.
GREGORY, Advances in Mergers and Acquisitions Vol 2, JAI Press
Inc, p. 1-26.
. CALORI, R., P. VERY & P. MONNIN (2003). “Stratégie
d’ensemble de l’entreprise » in T. ATAMER &
R. CALORI « Diagnostic & Décisions stratégiques
– 2e édition», Paris : Dunod, p. 367-407.
. ARREGLE, J-L, P. VERY & S. RAYTCHEVA (2003). “Capital
Social et Avantages des Firmes Familiales : Proposition d’un
Modèle Intégrateur” in F. FRERY & H. LAROCHE
« Perspectives en Management Stratégique –
Tome X », Paris : EMS, p. 37-61.
. VERY,P., L. HEBERT & P. W. BEAMISH (2004). “Exploring
the limitations of the knowledge projection model in MNCs : the
impact of expatriate managers on subsidiary survival »”
in M.A. HITT & J.L.C. CHENG (Eds) « Theories of the
Multinational Eznterprise : diversity, complexity and relevance
– Advances in International Management, Vol 16 »,
Oxford, UK : Elsevier.
• ARTICLES IN ACADEMIC JOURNALS
. VERY, P.(1993), "Les Logiques Industrielles du Développement
de l'Entreprise", Revue Française de Gestion, Sept
/ Oct, p.5-13.
. VERY, P.(1993), "Success in Diversification : Building
on Core Competences", Long Range Planning, Vol 26(5), p.80-92.
. VERY, P., R. CALORI & M. LUBATKIN (1993), "Acquisitions
en Europe : Cultures Nationales, Cultures d'Entreprises et Performance",
CERAG 93-19, CERAG-ESA Grenoble, p.34-50.
. CALORI, R., M. LUBATKIN & P. VERY (1994), "Control
Mechanisms in Cross-Border Acquisitions : an International Comparison",
Organization Studies, Vol 15 (3), p. 361-380.
. VERY, P., M. LUBATKIN & R. CALORI (1996), "A Cross-National
Assessment of Acculturative Stress in Recent European Mergers
», International Studies of Management and Organization,
Vol 26 (1), p.59-88.
. CALORI, R., M. LUBATKIN & P. VERY (1996), « Une Etude
Empirique des Formes et Déterminants de l’Intégration
Post-Acquisition », Management International, Vol 1 (1),
p.41-54.
. CALORI, R., P. VERY & J-L. ARREGLE (1997), « Les PMI
face à la Planification Stratégique », Revue
Française de Gestion, No 112, Janvier-Février, p.11-23.
. VERY, P., M. LUBATKIN, R. CALORI & J. VEIGA (1997), "Relative
Standing and the Performance of Recently Acquired European Firms",
Strategic Management Journal, Vol 18 (8), p.593-614.
. CALORI, R., M. LUBATKIN, P. VERY & J. VEIGA (1997),"Modelling
the Origins of Nationally-Bound Administrative Heritages : A Historical
Institutional Analysis of French and British Firms " , Organization
Science, Vol 8 (6), p. 681-696.
. CALORI, R., M. LUBATKIN, P. VERY & J. VEIGA (1998), "Managing
Mergers Across Borders : a Two Nation exploration of a Nationally
Bound Administrative Heritage", Organization Science, Vol
9 (6), p. 670-684.
. VERY, P. (1999), "Ce Que Ne Disent Pas Les Chiffres",
L'Expansion Management Review, Vol 93, p. 70-74.
. VERY, P. (1999), " La Création de Valeur dans le
Cadre Particulier d'une Acquisition d’Entreprise",
La Revue du Financier, No 120, p. 55-61.
. VERY, P. & P. RIOT (1999). "Sources of Power and Transformation
Processes : a French Bank Facing Technological Innovations",
L'Entreprise Comme Institution, tome 3, (edited by the "Institut
des Sciences de l'Homme"), p. 77-94.
. VEIGA, J.F., M. LUBATKIN, R. CALORI & P. VERY (2000) "Measuring
Organizational Culture Clashes : A Two-Nation Post-Hoc Analysis
of a Cultural Compatibility Index", Human Relations, 53 (3),
p.
. VEIGA, J.F., M. LUBATKIN, R. CALORI, P. VERY & Y.A. TUNG
(2000). "Using Neural Network Analysis to Uncover the Trace
Effects of National Culture", Journal of International Business
Studies, 31 (2), p. 223-238.
. SCHWEIGER, D. & P. VERY (2001). "Editor's Note –
International Mergers and Acquisitions Special Issue", Journal
of World Business, 36(1), p. 1-2.
. VERY, P. & D. SCHWEIGER (2001). "The Acquisition Process
as a Learning Process : Evidence from a Study of Critical Problems
and Solutions in Domestic and Cross-Border Deals", Journal
of World Business, 36(1), p. 11-31.
. ARREGLE, J-L. & P. VERY (2002). « Dessine-Moi un Conglomérat
Profitable », L’Expansion Management Review, No 105,
June, p. 54-60.
. GATES, S. & P. VERY (2002). “How Acquirers Measure
Performance During M&A Integration”, Management, VII
(26), p. 4-13.
. GATES, S. & P. VERY (2002). “Comment piloter l’intégration
des acquisitions ? »”, Fusions & Acquisitions
Magazine, Nov-Dec, p. 31-36.
. GATES, S. & P. VERY (2003). “Measuring Performance
During M&A Integration”, Long Range Planning, 36(2),
p. 167-185.
. Arregle, J-L, Durand, R. & Very, P. « Origines du
Capital Social et Avantages Concurrentiels des Firmes Familiales
», M@n@gement, 7(2): 13-36
• FORTHCOMING PAPERS AND BOOK CHAPTERS
. LUBATKIN, M., P.J. LANE, S. COLLIN & P. VERY, "Towards
a Nationally-Bounded Theory of Corporate Governance", Organization
Studies, 2004
. LUBATKIN, M., P.J. LANE, S. COLLIN & P. VERY, "Corporate
Governance : a Historical Comparison of France, Sweden and the
US", Journal of Organizational Behaviors, 2004
. VERY, P., L. HEBERT & P. BEAMISH, “Exploring the Limitations
of the Knowledge Projection Model in MNCs : the Impact of Expatriate
Managers on Subsidiary Survival”, to be published in “Advances
in International Management, Vol 16 (M. Hitt and J. Cheng, Eds),
Elsevier, 2004
. GATES, S. & P. VERY, “M&As as Monitoring”,
to be published in “Images of M&As” (D. Angwin
ed.), Blackwell, 2004 or 2005
• WORKING PAPERS UNDER REVIEW
. TEERIKANGAS , S. & P. VERY, ”The relationship between
cultural differences and M&A performance : from yes/no to
how”, British Journal of Management
. HEBERT, L., P. VERY & P. BEAMISH, “Expatriation As
A Bridge Over Troubled Water : A Knowledge-Based Perspective Applied
to Cross-Border Acquisitions”, Organization Studies
• ARTICLES IN PROFESSIONAL PRESS
Many articles in French professional journals and magazines like
Le Figaro, L’Entreprise, Le Monde Economique, Enjeux-Les
Echos, La Tribune, Capital finance, Personnel, …
PRESENTATIONS
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. VERY, P., "Operational Relatedness, Managerial relatedness
and the Success of diversification strategies", Strategic
Management Society Meeting, San Francisco, 1989.
. VERY, P., "Stratégies de Diversification et Performance
de l'Entreprise", Conference "Choix Stratégiques
et Performances Financières" Banque de France, Paris,
1991.
. VERY P., R. CALORI & M. LUBATKIN, "Linking Organizational
and Cross-National Cultural Differences in Recent European Mergers",
Academy of Management Meeting, Las Vegas, 1992.
. CALORI, R., M. LUBATKIN & P. VERY, "Acquisitions en
Europe : Typologie et Facteurs de Centralisation", AIMS Conference,
H.E.C. Jouy en Josas, 1992.
. VERY, P., M. LUBATKIN & R. CALORI, "Acquisitions en
Europe : Cultures Nationales, Cultures d'Entreprises et Performance",
Colloque ADEFI "Croissance Externe", CERAG-ESA Grenoble,
1993.
. CALORI, R., M. LUBATKIN & P. VERY, "National Culture
of the Buyer and Control Mechanisms over Foreign Acquired Firms",
Workshop "International Strategies", ESSEC Cergy-Pontoise,
1993.
. CALORI, R., M. LUBATKIN & P. VERY, "Managing Mergers
Across Borders : a Test of Administrative Heritage and Administrative
Rigidity", Academy of Management Meeting, Atlanta, 1993.
. VERY, P., M. LUBATKIN & R. CALORI, "A Cross-National
Assessment of Acculturative Stress in Recent European Mergers",
Academy of Management Meeting, Atlanta, 1993.
. CALORI, R., M. LUBATKIN & P. VERY, " A Test of Administrative
Heritage in the Management of European Cross-Borders Acquisitions",
Strategic Management Society Conference, Chicago, 1993.
. VERY, P., M. LUBATKIN & R. CALORI, "A Framework for
Assessing Acculturative Stress in Recent European Mergers",
Strategic Management Society Conference, Chicago, 1993.
. CALORI, R., P. VERY & M. LUBATKIN, "Acculturative Stress
and the Performance of Recent European Mergers", British
Academy of Management Meeting, Milton Keynes, 1993.
. VERY, P., "Acquisitions Franco-Britanniques : Influence
des Cultures Nationales sur la Compatibilité Culturelle
entre Firmes", AIMS Conference, Lyon, 1994.
. CALORI, R., M. LUBATKIN & P. VERY, "Acquisitions Internationales
: Comparaison des Pratiques d'Intégration", AIMS Conference,
Lyon, 1994.
. CALORI, R., M. LUBATKIN & P. VERY, "Education and National
Administrative Heritages : Comparing France and Great Britain",
EIASM Workshop on Managerial Cognition, Bruxelles, 1994.
. CALORI, R., P. VERY & J-L. ARREGLE, "Some Determinants
of Strategy Styles in French Small and Medium-Sized Companies",
Strategic Management Society Conference, Paris, 1994.
. VERY, P. & J-L. ARREGLE, "How Competitive Advantage
Is Built : Lessons from the French Manufacturing Industry",
Strategic Management Society Conference, Paris, 1994.
. VERY, P. & J-L. ARREGLE, "Combinaisons de Ressources
et Avantage Concurrentiel", Conférence de l'Association
Internationale de Management Stratégique, Paris, 1995.
. VERY, P., M. LUBATKIN & R. CALORI, "A Relative Standing
and the Performance of Recently Acquired European Firms",
Academy of Management Meeting, Vancouver, 1995.
. CALORI, R., M. LUBATKIN, P. VERY & J. VEIGA, "Modeling
the Origins of Nationally-Bound Administrative Heritages : A Historical
Institutional Analysis of French and British Firms, Academy of
Management Meeting, Cincinnati, 1996.
. VERY, P. & P. RIOT, " The Adoption of New Technology
and Organizational Status-Quo in the French Retail Banking Industry
", European Group for Organization Studies (EGOS) Colloquium,
Budapest, 1997.
. VERY, P. & P. RIOT, " Power, Technological Change and
Transformation Processes : A French Bank Facing Innovation ",
Industrial Marketing and Purchasing (IMP) Conference, Lyon, 1997.
. VERY, P. & P. RIOT, "La gestion du changement dans
l'Entreprise Institution" , Conference Maison Rhône
Alpes des Sciences de l'Homme, 1997.
. VEIGA, J., M. LUBATKIN, R. CALORI, A. TUNG & P. VERY, "The
Development of a Cross-Nation Index of Cultural Compatibility
Using Neural Network Analysis To Increase Predictive Validity",
in competition for "The Best Conference Paper", Academy
of International Business Conference, Vienne, 1998.
. VERY,P., D. SCHWEIGER & N. JOB, "Creating Value through
Cross-Border Acquisitions : Critical Issues and Solutions",
2nd Conference G8 in Management, Lyon, 1998.
. LUBATKIN, M., P.J. LANE, S. COLLIN & P. VERY, "Towards
a Nationally-Bounded Theory of Corporate Governance", Academy
of Management Meeting, Chicago, 1999.
. VERY, P. & D. SERIO, "Les Limites du Pouvoir Discrétionnaire
du Dirigeant Français : Apports Comparés de la Gestion
et du Droit", Conférence of the Association Internationale
de Management Stratégique, Montpellier, Mai 2000.
. VERY, P. & D. SCHWEIGER, "Acquisitions Domestiques
et Internationales : Problèmes Critiques Liés à
la Conduite du Processus et Solutions", Conference of the
Association Internationale de Management Stratégique, Montpellier,
Mai 2000.
. SERIO, D. & P. VERY, "Le PDG, Entre Exercice du Pouvoir
et Révocation", XVe Journées des IAE, Biarritz,
France, Septembre 2000
. LUBATKIN, M., P.J. LANE, S. COLLIN & P. VERY, "A Nationally-Bounded
Theory of Corporate Governance", Academy of International
Business Meeting, Phoenix, November 2000.
. VERY,P. & S. RAYTCHEVA, "Influence of Family Structure
on the Management of Family Firms : an Investigation of Succession
Issues", EGOS 17th Colloquium, Lyon (FR), July 2001.
. VERY, P. & S. GATES, "Performance Measurement During
M&A Integration", EIASM Workshop on Performance Measurement
and Management Control, Nice, October 2001.
. VERY, P. , “Delimiting cross-cultural issues in Cross-border
M&As”, EIASM Workshop on “International strategy
and Cross-cultural Management”, Växhö, Sweden,
April 2002.
. BIZEUIL, M. & P. VERY, « Management par la culture
et souffrance des cadres », IP&M Colloque « transformations
et Ruptures, EDHEC Lille, June 2002.
. ARREGLE, J-L., VERY, P. & S. RAYTCHEVA, “Capital social
et avantages des firmes familiales : proposition d’un modèle
intégrateur”, Conference of the Association Internationale
de Management Stratégique, Paris, June 2002.
. VERY, P. & T. DURAND, « Comment transférer
les résultats de recherche vers les entreprises »,
panel session, Conference of the Association Internationale de
Management Stratégique, Paris, June 2002.
. VERY, P. & S. RAYTCHEVA, “Family Structures, Family
firms and Succession : Some Insights from Anthropology”,
2002 ICSB World Conference, Puerto Rico, June 2002.
. HEBERT, L. & P. VERY, “Managing Cross-border Acquisitions
: which transfer of experience does pay off ?”, Academy
of Management Meeting, Denver, August 2002.
. LUBATKIN, M., P.J. LANE, S. COLLIN & P. VERY, "A Nationally
Embedded Corporate Governance Model Using US, Swedish and French
Historical Institutional Data ", Academy of Management Meeting,
Denver, August 2002.
. LABBE, E. & P. VERY, “Mergers and Acquisitions : How
a TQM Approach can Improve the Process”, Fifth Toulon-Verona
ESOE Conference, Lisboa, Portugal, 2002.
. ARREGLE, J-L & P. VERY, “A Framework for Analyzing
the Performance of Family Firms”, Workshop on Performance
Measurement and Management Control, Nice, Sept 2003.
. ARREGLE, J-L., M. HITT, D. SIRMON & P. VERY, „The
development of Organizational Social Capital and its Performance
Implications : Insights from Family Firms”, 23rd Annual
Strategic Management Society Conference, Baltimore, Maryland,
USA, Nov 2003.
. TEERIKANGAS, S & P. VERY (2003). “The Culture-Performance
relationship in M&A: from yes/no to how”, EIBA Conference,
Copenhagen, Dec.
. VERY,P., L. HEBERT & P. BEAMISH (2004). “Le modèle
de projection du savoir dans les multinationales : une exploration
par l’étude du lien entre expatriation et survie
des filiales », 13e Conférence AIMS, Normandie- Vallée
de la Seine, Le Havre, Juin.
. HEBERT, L., P. VERY & P. BEAMISH (2004). “Exploring
the limitations of the knowledge projection model in MNCs”,
AIB Conference, Stockholm, July.
OTHER RESEARCH ACTIVITIES
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. 2001 : Creation of the Website www.verymerging.com aiming at
developing knowledge about M&A management with the insights
from researchers and managers.
. Member of the Board of AIMS (Association Internationale de Management
Stratégique ; International Association of Strategic Management)
. Member of the Editorial Board of " M@n@gement .
. Member of the Editorial Board of "Journal of World Business".
. Reviewer for "Organization Science" and “Organization
Studies”.
. Reviewer for US book editors : Irwin, Academic Press.
. Co-organizer of the 3rd "AIMS Conference", 1994, Lyon.
. Co-organizer of the 2nd "G8 in Management" Conference,
1998, Lyon.
. 2ème conférence "G8 in Management" :
participation to a round table on "acquisitions and global
strategy", with Chairmen and CEOs from ADECCO, MINOLTA &
SONOCO, 1998.
. 1992 : Junior Faculty Consortium, The Academy of Management,
Las Vegas.
. Chairman or Discussant in many conferences.
. Member of the 1999 jury for « AIMS - Best French Doctoral
Dissertation ».
. Member of The Academy of Management and of the Academy of International
Business
PUBLISHED CASE STUDIES
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. VERY, P., M. BERTHELIER & R. CALORI (1993), "A Note
on the World Automobile Industry", in G. JOHNSON et K. SCHOLES,
Exploring Corporate Strategy - Text and Cases, Prentice Hall,
London.
. CALORI, R., P. VERY & M. BERTHELIER (1993), "Peugeot
S.A. Group", in G. JOHNSON et K. SCHOLES, Exploring Corporate
Strategy - Text and Cases - Third Edition, Prentice Hall, London.
. CALORI, R., P. VERY & M. BERTHELIER (1997), "Peugeot
S.A. Group", in G. JOHNSON et K. SCHOLES, Exploring Corporate
Strategy - Text and Cases - Fourth Edition, Prentice Hall, London.
. CALORI, R., P. VERY & M. BERTHELIER (1999), "PSA Peugeot
Citroën", in G. JOHNSON et K. SCHOLES, Exploring Corporate
Strategy - Text and Cases - Fifth Edition, Prentice Hall, London.
. VERY, P. (2001), “CEVEO au Kirghistan”, Centrale
des Cas et des Médias Pédagogiques, Paris.
NB : elaboration of additional case studies for particular purposes.
Last one created with Francis Bidault (Theseus Institute) for
the specific needs of Philips Semiconductors (2001).
TEACHING AND CONSULTING ACTIVITIES
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TEACHING
Courses in :
- strategic management ;
- internationalization ;
- mergers and acquisitions ;
- diversification strategies.
In undergraduate and graduate programs, MBA programs and professional
training.