Stephan is drawn to the places where sectors stop being separate. A social enterprise that is neither charity nor company. A foundation whose private wealth functions as public power. A university built from scratch as an experiment in what a university could be. He founded one at thirty-two and ran it for eleven years, and he now studies — and builds — the hybrid organisations that sit between market, state and civil society.
At twenty-seven Stephan founded the Institute for Mergers & Acquisitions at Witten/Herdecke; his book on M&A is now in its sixth edition and remains a standard German reference. In 2003 he founded Zeppelin University in Friedrichshafen and served as its president and managing director until 2014, alongside holding the Chair of Strategic Organization and Finance and founding its Civil Society Center. He has since co-founded an urban mobility company and a consultancy for social and digital transformation, and advises federal ministries and the Chancellery. He teaches organisation and leadership as someone who has had to make both work under real conditions.
Much of Stephan’s research concerns organisations that refuse the standard categories. He has published on the conceptual history of social enterprises, on how social ventures finance different scaling strategies, on the innovation systems of welfare organisations, and on entrepreneurial philanthropy — private wealth acting as what he calls a fifth power. His work draws on systems theory and organisational sociology, which gives it a distinctive quality: less interested in praising hybrid organisations than in understanding what they actually do to accountability and to democratic control.
Since 2016 Stephan has been managing director of BICICLI, a company working on urban cycling infrastructure for organisations, and his research on the future of urban mobility runs alongside it. He writes and speaks on the magnetism of metropolitan areas, on the resource politics of the mobility transition, and on the awkward question of whether individual mobility remains socially defensible. As with the rest of his work, the practice and the theory are not kept in separate rooms.
Running through everything is a preoccupation with education itself — what universities are for, what leadership should be taught, and what curiosity requires in a digital age. He has published a book on the subject and edited several volumes on education, participation and the state. He has been a visiting scholar at Stanford and Harvard Business School, appears in the global Thinkers50 ranking, and writes a regular column in brand eins. He has taught at Karlshochschule part-time since the summer semester of 2016.
The interesting organisations are the ones that don't fit the categories we have for them.
Theories
Phenomena
Monographs
Edited volumes
Selected chapters and articles
Columns
Selected lectures
The full publication list is available on request.
He teaches organisation, management, leadership, finance and social entrepreneurship. Come to an info day, sit in on a session, or write to him directly.