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International Institute for Management Development
(I.M.D.)

The International Institute for Management Development (I.M.D.) is one of
the world’s leading business schools with over 50 years’ experience in
developing the leadership capabilities of international business
executives at every stage of their careers. The majority of the program
participants come from medium to large corporations and all have an
international orientation to their businesses. Many companies, who begin
by sending their managers to I.M.D. programs, go on to develop their
relationship with the institute to a closer level and become part of the
I.M.D. Learning Network, which provides still further learning
advantages.
The World Competitiveness Yearbook (W.C.Y.) is the world’s most renowned
and comprehensive annual report on the competitiveness of nations,
ranking and analyzing how a nation’s environment creates and sustains
the competitiveness of enterprises and has been published without
interruption since 1989.
The Federation of Industries of Northern Greece has been since 2001 the
national representative of Greece and is in charge of the compilation,
gathering and updating of macroeconomic data for Greece. In the frame of
realisation of the above project, the Federation of Industries of
Northern Greece has created a scientific team in charge of all the above
actions as well as their dissemination to the I.M.D.

The W.C.Y. features 61 national and regional economies and their overall
ranking; rankings by population size; rankings by peer group and
regional rankings. The methodology adapted includes 312 different
criteria, grouped into four Competitiveness Factors
• Economic Performance (Domestic Economy, International Trade,
International Investment, Employment, Prices)
• Government Efficiency (Public Finance, Fiscal Policy, Institutional
Framework, Business Legislation, Societal Framework)
• Business Efficiency (Productivity, Labour Market, Finance, Management
practices, Attitudes and Values)
• Infrastructure (Basic Infrastructure, Technological Infrastructure,
Scientific Infrastructure, Health and Environment, Education)
For the compilation of the W.C.Y., the I.M.D. ensures accuracy through
collaboration with 58 Partner Institutes worldwide, including the
Federation of Industries of Northern Greece.
The Federation of Industries of Northern Greece as a national
representative is in charge of the following actions:
1. The gathering of recent statistical data
2. The conduct of research in competitiveness issues
3. The compilation of the five main economical and entrepreneurial
challenges of Greece
4. The qualitative control of the data represented by the I.M.D.
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