{"id":9564,"date":"2023-09-15T09:49:37","date_gmt":"2023-09-15T07:49:37","guid":{"rendered":"https:\/\/www.oklein.fr\/olivier-klein-the-art-of-transition\/"},"modified":"2024-06-04T14:09:49","modified_gmt":"2024-06-04T12:09:49","slug":"olivier-klein-the-art-of-transition","status":"publish","type":"post","link":"https:\/\/www.oklein.fr\/en\/olivier-klein-the-art-of-transition\/","title":{"rendered":"Olivier Klein, the art of transition"},"content":{"rendered":"\n

Managing Director of Lazard and CEO of Lazard French Bank after having personified BRED for more than ten years, Olivier Klein continues his teaching and his work as an author. A few months ago, he published \u201cCrises and Changes: Small Banking Lessons\u201d. A read which is easy to follow and to be relished.<\/strong><\/p>\n\n\n\n

Olivier Klein, recently appointed CEO of the Lazard Fr\u00e8res Bank, teaches financial macroeconomics and monetary policy at HEC, writes numerous articles on banking strategy, monetary policy, monetary economics and structural reforms, and participates in numerous conferences where he loves to rub shoulders with the greatest economists and leaders of financial institutions. Finally, a few months ago he published a major essay with Eyrolles and RB \u00c9dition, \u201cCrises and Changes: Small Banking Lessons\u201d.This book is a must read! Olivier Klein has a way with words and a penchant for well-chosen quotes. Above all, this professor-banker, based on his very well-documented field experience, offers analyses that shine a new light on strategic thinking. For example, how do you change things without breaking them? Followers of the \u201cstakeholder\u201d approach as well as those who support the notion of respecting the identity of companies will find convincing arguments here.<\/p>\n\n\n\n

Beyond the abundant ideas that give structure to this book, it is the author’s ability to take action, to express an idea, and to teach that holds our attention. Olivier Klein is, without doubt, a \u201cferryman\u201d and these days our society is missing this type of profile. We have excellent researchers, who publish in the best scientific journals, we have very high-level business leaders, but the problem of the \u201ctransfer\u201d between theory and practice like that between research and pedagogy remains subtle and complex.<\/p>\n\n\n\n

Olivier Klein’s career, like his works, is, in many respects, an example of a successful \u201ctransfer\u201d and can enlighten us on the importance of this idea.<\/p>\n\n\n\n

First, because his career and his approach in his macroeconomics articles show us how practice is enriched by scientific processes and models produced by research. When reading his book, we see clearly that there is no action that is not carried out without reference to clear knowledge. Chris Argyris, a Harvard professor and one of the theorists of organisational learning, spoke of \u201ca theory of use\u201d. Thus, practice, if it cannot resolve to \u201cfit\u201d into a single paradigm, necessarily relies on models, on theories.<\/p>\n\n\n\n

From science to practice<\/h2>\n\n\n\n

We still need to be able to transfer these models into practice at least cost. \u201cAt least cost\u201d here means \u201cminimising the risk of misinterpretation of the available scientific results\u201d. This is where Olivier Klein succeeds brilliantly as well. This is no easy task, if only because a single scientific discourse cannot simultaneously resolve all the problems put before the practitioner. This difficulty often results in frustration which leads some to throw the baby out with the bath water, that is to say, to reject all the contributions of theory and science, under the pretext that they cannot solve all the problems at hand. This is where the \u201cferryman\u201d\u2019s contribution lies. He must help with the transition between science and practice. He must choose the most effective
aspects of the theory, propose a rigorous interpretation of the facts and finally, participate in the nuances of the categories of thought. He must, in some way, offer what we will call a \u201clesson.\u201d That is to say, his approach must be analogous to that of \u201cgood essays\u201d. We know that \u201cgood essays\u201d are those which, rigorously, choose certain parts of theories to challenge them without complacency with a particular situation, located in time and space. The \u201cgood essay\u201d must also propose to rigorously erase certain boundaries between the different sciences. If these are in fact structured in terms of paradigms, the “ferryman” must be able to propose a “negotiated” synthesis, that is to say created through diverse influences, combining multiple scales of analysis and that is prescription-oriented.It is therefore not a popularisation of science because the \u201cferryman\u201d must demonstrate great intellectual vigilance when articulating in a global vision several theoretical referents, several insights and several habits of interpretation specific to each practice.This is what Olivier Klein also achieves, especially in his book, and this demonstrates great discipline of thought. The Capitol is in fact close to the Tarpeian Rock: the difficult task of \u201ctranslation\u201d risks being transformed into a hasty collection of the latest fashions and cursive interpretations of poorly assimilated theories. The \u201cferryman\u201d can, if he is not careful, become a \u201csoup seller\u201d. This is what Olivier Klein avoids, page after page, demonstration after demonstration.<\/p>\n\n\n\n

To conclude on Olivier Klein’s role as a “ferryman”, I believe it is important to emphasise that his works certainly enlighten us, but above all, and this is a major point, that they encourage us to face the future. In our time we are afraid of modernity which excludes, which replaces man, which explores the boundaries, which builds a threatening order against, apparently, \u201cthe good old days\u201d. There is a significant temptation to be reactionary and to condemn. In Olivier Klein\u2019s ideas, he invites us to live in the future, optimism (or pessimism) is never the fundamental question. We must \u201csimply\u201d understand our world, and then commit ourselves to exercising our freedom to invent the new tools that are needed! Olivier Klein is undoubtedly a \u201cferryman\u201d who mobilises.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\n\n\n\n

References<\/h3>\n\n\n\n
    \n
  • Argyris Ch., with contributions from Moingeon B. & Ramanantsoa B. (1995), Knowledge for action. Overcoming Obstacles to Organizational Learning, trans. by Loudi\u00e8re G.), lnterEditions.<\/li>\n\n\n\n

  • Boutinet J.-P. (ed.) (1985), From discourse to action. The social sciences question themselves, Social Logics, L\u2019Harmattan.<\/p><\/div><\/div><\/div><\/div><\/li>\n\n\n\n

  • Geertz C. (1986), Local Knowledge, Global Knowledge. Places knowledge, Phew.<\/li>\n\n\n\n
  • Cain T., Wieser C. & Livingston K. (2016), \u201cMobilizing Research Knowledge for Teaching and Teacher Education\u201d, European Journal of Teacher Education, flight. 39, no. 5, p. 529-533.<\/li>\n\n\n\n
  • Gaussel M. & Rey O. (2016), \u201cThe Conditions for the Successful Use of Research Results by Teachers: Reflections on some Innovations in France\u201d, European Journal of Teacher Education, vol. 39, no. 5, p. 577-587.<\/li>\n\n\n\n

  • Gaussel M., Gibert A-F., Joubaire Cl., & Rey O. (2017), \u201cWhat definitions of the passer in education? “, French review of pedagogy, 201-2017, 35-39.<\/p><\/div><\/div><\/div><\/div><\/li>\n\n\n\n

  • Munerol L., Cambon L. & Alla F. (2013), \u201cKnowledge brokering, definition and implementation: a review of the literature\u201d, Public Health, vol. 25, no. 5, pp. 587-597.<\/li>\n\n\n\n
  • Ward V. L., House A. O. & Hamer S. (2009), \u201cKnowledge Brokering: Exploring the Process of Transferring Knowledge into Action\u201d, BMC Health Services Research, vol. 9.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

    Managing Director of Lazard and CEO of Lazard French Bank after having personified BRED for more than ten years, Olivier Klein continues his teaching and his work as an author. A few months ago, he published \u201cCrises and Changes: Small Banking Lessons\u201d. A read which is easy to follow and to be relished. Olivier Klein, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,22,154],"tags":[],"class_list":["post-9564","post","type-post","status-publish","format-standard","hentry","category-bank","category-finance","category-teaching"],"acf":[],"yoast_head":"\nOlivier Klein, the art of transition - Le Blog Note d'Olivier KLEIN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oklein.fr\/en\/olivier-klein-the-art-of-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Olivier Klein, the art of transition - Le Blog Note d'Olivier KLEIN\" \/>\n<meta property=\"og:description\" content=\"Managing Director of Lazard and CEO of Lazard French Bank after having personified BRED for more than ten years, Olivier Klein continues his teaching and his work as an author. 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