Speakers from Michelin and Schneider Electric Discuss Embracing Legal Environments and Business Decision-Making

At the end of April, a roundtable with Philippe Legrez, General Counsel for the Michelin Group and Nicolas Simon, Head of M&A at Schneider Electric was organised on Lille campus to conclude the course on 'Legal Environments & Business Decision-Making' taught in the MIM BM Track.

The new course, entitled "Legal Environments and Business Decision-Making", has been introduced to the year 1-curriculum of the MIM Business Management Track last September.

Driven by the research conducted by the LegalEdhec Research Centre, the objective of this course is to help students to identify how the legal environment impacts business and managerial decision-making. Important key points are analysed during the course such as multi-national legal environments and business decision-making, legal shopping, value creation through legal intelligence, compliance management as value creation, value destruction because of illegal behaviour, etc. Quite unique, this course is not based on a technical approach of legal issues, but rather favours both institutional and organisational visions of how law matters for business strategy and operations.

To conclude this course, Professor Christophe Roquilly, who's also the Director of the LegalEdhec Research Centre, organised and moderated this roundtable in which Mr. Philippe Legrez and Mr. Nicolas Simon shared their experiences with over 100 EDHEC students. The speakers were also able to deal with questions as diverse as the role of legal experts as business partners, preventing risk and illicit behaviour, creating value through legal experts and the importance of controlling legal issues for complex international operations.  For these two eminent practitioners, "businesses need legal experts capable of anticipating their needs and developing solutions expressed in language readily understood by people who are not legal experts."


Written by ANGELIQUE MICONNET