Prof. (FH) Dr. Karl C. Ennsfellner studied business administration at the University of Economics and Business Administration in Vienna. He served as an assistant professor at the department of risk management and insurance. Professor Ennsfellner was a quality manager in an Austrian insurance company and was a Visiting Professor at the University of Arkansas at Little Rock, at the Northeast Louisiana University, and at the Florida State University, USA. Since 2002 he is Head of the Department of Management at the IMC University of Applied Sciences Krems, Austria. Since 2009 he serves as a Vice-Rector at this institution. The result of his research is published in national and international scientific journals. His research focuses on insurance management, risk management, quality management, process management, and controlling.