Center for Advancing Corporate Performance
One of the major challenges of academic research in management is that work that is considered sufficiently rigorous to be published in top-rank academic journals is often not considered relevant (and is often never known) by senior executives who could make use of its findings; while research that may be highly relevant and useful to practitioners is often not considered sufficiently rigorous for academic publication.
The Center for Advancing Corporate Performance bridges this divide by recruiting experienced executives who value academic research and who are willing to engage with faculty and students to define the scope of research projects so that they are both rigorous and relevant, and that bridge the gap between theory and practice and between academia and business. In other words, by tackling the research questions that our members put forth, and by incorporating the wealth of data collected by our partners, CACP engages in groundbreaking intellectual work. This work is valuable to academics training the next generation of managers, as well as to current senior executives and directors charged with making more effective business decisions for their firms.
Center for Strategic Finance
The Center for Strategic Finance focuses on strategy in financial markets as a new discipline, building upon theoretical concepts drawn from traditional finance, strategic management, game theory, and computer science.
CSF fellows are asking new questions about financial markets in light of the quantification (and automation) of trading, execution, and risk management strategies. They are developing new theories that are shaping the future of finance. There is no better place to study strategic finance than Chicago, which is a primary location for the research and development of strategies in financial markets.