Value innovation is the cornerstone of new market creation.
Gilles Hilary was a Professor of Accounting and Control at INSEAD and The Mubadala Chaired Professor in Corporate Governance and Strategy. He is now a professor at Georgetown University. He has an MBA from Cornell University and a PhD from the University of Chicago. He also has a French professional accounting degree (DESCF). Before joining INSEAD, he has worked at the Hong Kong University of Science and Technology (HKUST) for close to 7 years, for HEC Paris for approximately a year and, before that, for leading (“Big Four”) accounting firms. He has taught in different capacity in undergraduate, MBA, EMBA, Executive Education programs and PhD programs at HEC Paris, HKUST, Northwestern University and the University of Chicago. His research focuses on the use of accounting information to make investing and financing decisions. He has published in journals such as the Journal of Accounting and Economics, The Journal of Accounting Research, The Accounting Review, the Journal of Finance, the Journal of Financial Economic, the Journal of Financial and Quantitative Analysis, Management Science or the Review of Accounting Studies. He has received multiple teaching and research awards.
Complex models employed to forecast the future as accurately as possible are a poor way to plan for uncertainty.