DeansTalk - business management education

IE Business School experts examine management trends in Madrid Fusión

Madrid, January 2012 .-  IE Business School experts will once again be examining management trends in the gastronomy sector in the Madrid Fusión international gastronomy fair set to take place in Madrid on January 24-26.

Early Indicators Bode Well for MBA Hiring - BusinessWeek

Louis Lavelle on January 17, 2012

Many MBA candidates return to campus this week to start their spring semesters. At least three of our top-ranked schools report that more students are coming back this year with interviews for full-time jobs and internships already lined up.

Formal job recruiting on business school campuses began in the fall. The University of Chicago’s Booth School of Business, Columbia Business School and the University of Virginia’s Darden School of Business all report that early, on-campus recruiting is up this year over last. Activity such as scheduled job interviews, online job postings and campus visits by corporate recruiters are all seen as proxies for end-of-year job placement...

Dean Santiago Íñiguez - "New thinking" - FT

Article of the Financial Times, 30 January, 2012

It is almost obligatory for business schools to trumpet their love of ­innovation, but Spain’s IE has a better claim than many for trying fresh approaches to business education.

Established in 1973 in Madrid, and now ranked as one of Europe’s leading schools, IE was among the first to offer an executive MBA 20 years ago, and later spearheaded a move into online education.

The school’s international reputation now helps it attract about 2,000 students from more than 90 countries each year, and it has built an alumni network of more than 40,000 with links to 25 offices spread from India to Chile.

“When we ask our students why they chose IE, they often say it is entrepreneurialism first, and diversity second,” says Santiago Íñiguez de Onzoño, the dean. “We have one of the highest-diversity environments, not just in terms of the numbers of passports, but in terms of gender, culture and different visions of the world.”

These aims are well demonstrated by IE University’s cross-disciplinary ­approach to teaching law, architecture and business and by the combined executive MBA ­programme with Brown University in the US, which sees students take courses in social sciences, literature and philosophy...

 

uValue - The Corporate Valuation App

uValue (uValue Mobile, iOS 4.0+, Jan 20, 2012) is a corporate valuation app for the iPad (now also available in its fully functional form for the iPhone and iPod Touch). The app helps you value businesses using conceptually rigorous, yet practical, widely-used tools. You can value firms using  the ‘weighted average cost of capital’ (WACC, or 'cost of capital') approach, the ‘adjusted present value’ (APV) approach, the ‘dividend growth model’ (DGM), or real option valuation (ROV) techniques. The app also includes a set of handy calculators to value bonds, annuities and perpetuities, as well as to calculate the cost of capital, to forecast exchange rates, to lever/unlever betas, and so forth.

Aswath Damodaran is a professor of Finance at the Stern School of Business, New York University.

Anant Sundaram is a professor of Finance at the Tuck School of Business at Dartmouth.

FT MBA Rankings 2012

www.ft.com/intl/business-education

Interactive Ranking

1. Standford Graduate Business School - US
2. Harvard Business School - US
3. University of Pennsylvania: Wharton - US
4. London Business School - UK
5. Columbia Business School - US
6. Insead - France / Singapore
7. MIT: Sloan - US
8. IE Business School - Spain
9. Iese Business School - Spain
10. Hong Kong UST Business School - China

Further concentration in French Universities & B-Schools: Idex (education hubs) & Bordeaux EM to merge Euromed- in FT

Article of the Financial Times, January 23, 2012

Between universities, grandes écoles and specialised institutes, the higher education system in France has always been somewhat difficult to decipher.

The country’s business schools, too, are hard to categorise. Most of the internationally renowned MBA providers are also grandes écoles – traditionally excellent but highly selective, elitist establishments. Others,...

Professor Raghuram Rajan, U. Chicago bschool, video, on Risks to the Global Economy

Wikipedia Raghuram Rajan

27 January 2012

YouTube: Project Syndicate contributor and former IMF chief economist discusses risks to the global economy, and steps industrial countries can take to spur long-term growth. Read the article discussed, "A Crisis in Two Narratives," at http://bit.ly/yf15RL.

Professor Mauro Guillen of Wharton bschool - The remaking of Europe needed

Faculty page

Op Eds

Korea Times | 9 January 2012 | On the remaking of Europe

...

The global economy needs a renewed commitment to free trade. It also needs the emerging economies to develop their domestic consumption markets faster, allowing their citizens to buy goods and services more freely.

GMAC - The Next Generation GMAT - June 2012, video

The Next Generation

GMAT Integrated Reasoning Section Launching June 2012

The Next Generation GMAT exam will give applicants to your program one more score to help differentiate themselves from other candidates by demonstrating, objectively, skills that management faculty say today’s incoming management students need...

Project-Firefly.com - to discover a new generation of leaders

www.project-firefly.com

Press, PROJECT FIREFLY LAUNCH--TO DISCOVER A NEW GENERATION OF LEADERS

Switzerland, January 19, 2012.  [download PDF]

Deadline for essay submission will be by February 19^th at 23:59 of the last time zone.

Are you a thought leader in the making? Do you have fresh insights about contemporary business, economic, political or international affairs? Do you want to interact with other bright, nascent thought leaders? Would you like to benefit from a merit-based vehicle that distinguishes you from millions of other university students and graduates?...

...Winning the Emerging Leaders Competition will also give you the chance to be part of the premier Credit Suisse thought leadership conference in Hong Kong in March 2012...

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Project Firefly’s distinguished Academic Expert Review Board includes:

• Professor Anne Krueger (Johns Hopkins University, USA, and former First Deputy Managing Director of the International Monetary Fund and former Chief Economist of the World Bank)
• Professor Yu Yongding (former head of the prestigious Chinese Academy of Social Sciences)
• Professor Jeffry Frieden (a distinguished Harvard political scientist)
• Professor Richard Portes (London Business School and President of the most established group of academic economists in Europe, CEPR)
• Professor Thomas Bieger (Rektor/President, University of St. Gallen)
• Professor Richard Baldwin (Graduate Institute, Geneva and editor in chief of the well-known policy portal voxEU.org), and
• Professor Deepak Nayyar (Jawaharlal Nehru University, New Delhi, and former senior economic advisor).

The Secret to Getting into Harvard Business School

24 January, 2012 Forbes

Philip Delves Broughton is the bestselling author of Ahead of the Curve and in April, his latest book, The Art of the Sale, will be available. Philip was born in Bangladesh and grew up in England. He served as the New York and Paris bureau chief for The Daily Telegraph of London and reported from North and South America, Europe, and Africa. His work has also appeared in the Financial Times and The Wall Street Journal, among other publications. In 2006, he received an MBA from Harvard Business School.

In this interview, Philip talks about what inspired his book about his experiences at Harvard Business School, how you can get admitted, and more...

Dean Paul Danos,Tuck(Dartmouth) -"MBA Employment Figures Give Reason for Economic Optimism"

U.S.News & World Report, January 23, 2012

When I view the economic prospects through my business school lens, I am encouraged, as opposed to the pessimism engendered by the reading of most professional economists' forecasts. If one believes in rational employment markets, last summer's strong demand for top MBA graduates should be an occasion for optimism. Last summer 97 percent of Tuck's 2011 graduates had firm employment offers within three months of graduation and total compensation increased 7 percent over 2010. As an indication of next summer's demand 85 percent of the class of 2012 had job offers coming from their 2011 summer internships...

Davos 2012: Business must be part of the solution

Jan 24th 2012, World Economic Forum blog

...The paper – “Defining the New Business Covenant” (PDF, 4 pages) – outlines actions that can help bring about this change. For example, incentive structures can reward shareholders who hold stakes in companies for extended periods of time...

Academy of International Business (AIB)

Awards: AIB Fellows' International Executive of the Year Award

2011 Winner(s):	Fujio Cho, Chairman
Affiliation:	Toyota Motor Corporation

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globalEdge - global business knowledge

...delivers a comprehensive research tool for academics, students and businesspeople. Connect with over 47,000 people using the gE Network while tapping into a directory of over 5000 quality resources. globalEDGE provides tools and resources to efficiently research nearly any international business question you may have, e.g Export Tutorials

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Wikipedia - Academy of International Business (AIB) is the leading association of international business scholars and specialists. Established in 1959, it has over 3000 members in about 72 countries...aib.msu.edu

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The 2012 Annual Meeting will take place in Washington, D.C., USA between the dates of June 30-July 3, 2012. For more information, please visit the 2012 AIB Annual Conference page.

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AIB Insights - published 4 times a year

Articles from this issue on IB education include: "The Global Financial Crisis and the Restructuring of the World Economy" by Thomas D. Lairson; "The Social Responsibility of International Business Scholars: The Case of China" by Mike W. Peng; "Accepting "Conventional Numbers": Determining the Size of the Worldwide Counterfeit Goods Market" by Alan S. Zimmerman

[1002 KB] Download PDF

OECD Better Life Initiative - "Education"

http://oecdbetterlifeindex.org/topics/education/

 

 

 

including

October 12, 2011 How’s Life?: Education and Skills Read this report

Dean Bruce Magid - Meet the Deans, by Della Bradshaw

Financial Times, January 2 2012

...Having spent 21 years in the private sector, at Bank of America, he is now well on the way to completing a further 20 years in education. His first port of call was Michigan State University, followed by San José State University, where he was the founding dean of the Lucas Graduate School of Business . He has now been re-appointed for a second five-year term as dean at the Brandeis International Business School, in Boston, his home city...

Foreign workers pour into China - China Daily

Article of 21 January 2012

BEIJING / SHANGHAI - China is luring more foreign job seekers as its economy shines amid the global slowdown.

Ian Hoorneman, a Harvard Business School MBA holder from the United States, came to Beijing in 2009 and is now a counselor and coordinator for international affairs in Beijing Royal School...

Rescue Time (Automated Time Tracking Software)

www.rescuetime.com increase your personal productivity

+

Wikipedia comparison of notable time tracking software packages and web hosted services.

Crowdfunding - Micropatronage is growing bigger by the day - Kickstarter

Via @TheEconomist

Micro no more, The Economist, 22 January 2012.

...Kickstarter's performance in 2011 bolsters the latter case. The $99.3m pledge figure represents all commitments, backed by valid credit cards, to over 27,000 projects launched last year...

...proposals keep flooding in at a rate of 2,500-3000 a week...

Dean Richard Lyons, Haas (Berkeley), paper - CURRICULUM REFORM: GETTING MORE MACRO, AND MORE MICRO

Download Paper 10/31/11, forthcoming, Journal of Management Development, (PDF, 14 pages)

Via @richlyons

Abstract

UC Berkeley’s Haas School of Business pursued curriculum reform using a barbell approach. The macro end is pinned down with a leader archetype, that of an innovative, path-bending leader, plus a supporting and explicit culture now deeply embedded in admissions. The micro end is pinned down with a set of ten capabilities that are extended and integrated throughout the curriculum (e.g., problem framing). The connection to action is achieved through a new requirement in experiential learning that allows students to select among many options (e.g., a Cleantech-to-Market course). The school followed a particularly high-touch approach to gain the buy-in of its faculty.

Introduction

“To what end all this curriculum change? What tethers the ‘vision’?” Every Dean has received such questions – from a Board member, alum, faculty member, whomever. Another common question: “Let’s get concrete – exactly what will these graduates be able to do that sets them apart?” In today’s business school marketplace, there is less room for, and tolerance of, more traditional ‘middle-ware’ curriculum reforms that outline changes, but fail to articulate a higher- order destination, or a set of concrete enabling skills.

This article addresses our experience here at UC Berkeley’s Haas School of Business and some resulting lessons...

Journal of International Business Studies - 25 most cited articles, for free

Journal of International Business Studies on Wikipedia

...According to the Journal Citation Reports its 2010 impact factor is 4.184, ranking it 3rd out of 101 in the "Business" category and 8th out of 140 in the "Management" category...

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Most Cited JIBS Articles

To promote some of the finest research and scholarship published in JIBS, we have compiled a list of the 25 most cited articles that the Journal has published. These articles are now freely available to download.

1. Times Cited: 972
   Title: Internationalization process of firm - model of knowledge development and increasing foreign market commitments
   http://www.palgrave-journals.com/jibs/journal/v8/n1/pdf/8490676a.pdf
   Author(s): JOHANSON J, VAHLNE JE
   Source: Journal of International Business Studies 8(1): 23-32 1977

2. Times Cited: 779
   Title: The effect of national culture on the choice of entry mode
   http://www.palgrave-journals.com/jibs/journal/v19/n3/pdf/8490394a.pdf
   Author(s): KOGUT B, SINGH H
   Source: Journal of International Business Studies 19(3): 411-432 1988

3. ...
4. ...

  15.    Times Cited: 193, (JIBS Decade Award)

Title: Cultural distance revisited: Towards a more rigorous conceptualization and measurement of cultural differences
http://www.palgrave-journals.com/jibs/journal/v32/n3/pdf/8490982a.pdf
Author(s): SHENKAR O
Source: Journal of International Business Studies 32(3): 519-535 2001

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2011 JIBS Decade Award Winner

Please join us in congratulating Professor Oded Shenkar as the winner of the 2011 JIBS Decade Award (PDF) for his 2001 article

Professor Thomas J. Sargent, of Economics, New York University - "United States then, Europe now"

Thomas J. Sargent delivered his Nobel Prize Lecture on 8 December 2011 at Aula Magna, Stockholm University. He was introduced by Professor Per Krusell, Chairman of the Economic Sciences Prize Committee. slides PDF.

 

YouTube, at 16mins30

LeadProgram.org - enabling youth of diverse backgrounds

www.leadprogram.org

Lead Global

2012 Program Dates

• Univ. of Virginia/Darden Dates TBD
• DUKE/The Fuqua School June 16-July 6
• Stanford University June 29-July 21
• Univ. of Michigan/Ross School July 8-27
• Northwestern/The Kellogg School Dates TBD
• Dartmouth College/Tuck Dates TBD
• UPENN/Wharton School July 1-28
• Univ. of Illinois at Urbana-Champaign July 8-27

Civil-Rights Progress: Helping LGBT Youth - GLSEN

Article of DiversityInc.com by Dr. Byard, the executive director of GLSEN, the Gay, Lesbian & Straight Education Network.

...Dr. King’s very last sermon, delivered in 1968, was a meditation on “the Drum Major Instinct”: a desire to lead, to be first, to be praised and to make a mark on the world...Contemplating his own legacy in the sermon’s conclusion (eerily close to the hour of his own assassination), Dr. King said, “If you want to say that I was a drum major, say that I was a drum major for justice. Say that I was a drum major for peace. I was a drum major for righteousness.”...

Poets & Quants 2012 Executive MBA ranking

Poets & Quants 2012 Executive MBA ranking

HOW THE TOP 20 EMBA PROGRAMS IN THE WORLD STACK UP

School	Salary	GMAT	Acceptance	Advanced Degree	C-Suite	Within 45 miles	Int’l	Female
1. Wharton	$186,988	700	44%	40%	NA	43%	31%	24%
2. Chicago	NA	NA	NA	20%	NA	30%	8%	22%
3. Kellogg	$197,465	NA	NA	38%	11%	34%	32%	24%
4. Columbia	$118,351	NA	NA	28%	2%	86%	21%	37%
5. NYU	NA	NR	NA	35%	NA	76%	27%	27%
6. UCLA	$123,000	664	67%	32%	8%	55%	8%	26%
7. Michigan	$160,381	NR	NA	35%	11%	28%	15%	20%
8. Cornell	NA	NR	NA	19%	5%	0%	27%	17%
9. Texas-Austin	NA	638	74%	39%	5%	NA	25%	19%
10. Duke	$142,203	NR	NA	26%	6%	4%	34%	28%
11. USC	$172,000	NR	73%	24%	8%	75%	14%	16%
12. Thunderbird	$130,000	NR	98%	28%	20%	81%	23%	18%
13. UNC	$110,096	577	88%	26%	9%	43%	15%	17%
14. IE    Only Non-US	$145,000	NR	57%	NA	3%	6%	83%	17%
15. Washington	$140,000	NR	NA	35%	11%	70%	15%	26%
16. Berkeley/Col	$142,000	NA	NA	35%	6%	59%	30%	28%
17. Emory	$141,160	599	90%	28%	14%	91%	16%	25%
18. Maryland	$125,508	NR	83%	27%	5%	82%	8%	23%
19. SMU	$172,017	NR	60%	21%	6%	90%	4%	21%
20. Vanderbilt	$107,409	590	73%	25%	0%	75%	7%	29%

Source: Business schools reporting to Bloomberg BusinessWeek

Best Business Books, Highlights from the Decade - strategy+business

strategy+business published its first “Best Business Books” section in Winter 2001. Here, in retrospect, is the book from each year that we think was most significant.

Published: November 21, 2011

2001
Good to Great: Why Some Companies Make the Leap...and Others Don’t, by Jim Collins (HarperBusiness). Although some of the 11 companies that Collins held up as paragons of achievement have since faltered, his ambitious research effort and aspirational principles, including the concept of the Level 5 Leader, set high-water marks for business thinkers.

2002
Execution: The Discipline of Getting Things Done, by Larry Bossidy and Ram Charan (Crown Business). A successful CEO and a celebrated executive advisor teamed up to remind us that the quality of execution makes or breaks a strategy, and ended up defining the corporate zeitgeist after the dot-com meltdown.

2003
Who Says Elephants Can’t Dance? Inside IBM’s Historic Turnaround, by Louis V. Gerstner Jr. (HarperBusiness). Gertsner’s memoir raised plainspoken and enduring principles beyond platitudes by spelling out what they meant in practice, as well as the pain and the weight of the decisions they demanded.

2004
Changing Minds: The Art and Science of Changing Our Own and Other People’s Minds, by Howard Gardner (Harvard Business School Press). This MacArthur Prize recipient applied his theory of multiple intelligences to come up with six levers for crafting messages compelling enough to drive organizational change.

2005
The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits, by C.K. Prahalad (Wharton School Publishing). Prahalad’s eye-opening analysis of the business opportunities among the planet’s billions of poor people changed the way corporations thought about emerging economies.

2006
Hard Facts, Dangerous Half-Truths, and Total Nonsense: Profiting from Evidence-Based Management, by Jeffrey Pfeffer and Robert I. Sutton (Harvard Business School Press). By explaining the causes of common managerial errors (casual benchmarking, repeating what worked in the past, and following unexamined ideologies), Pfeffer and Sutton pointed the way to better decision making.

2007
Prophet of Innovation: Joseph Schumpeter and Creative Destruction, by Thomas K. McCraw (Belknap Press). McGraw’s exemplary biography of Schumpeter explored ideas about the inherent instability of capitalism, the impact of new technologies, and dynamics of the corporate life cycle that are as relevant today as they were in the 1940s.

2008
Redefining Global Strategy: Crossing Borders in a World Where Differences Still Matter, by Pankaj Ghemawat (Harvard Business School Press). Ghemawat provided a much-needed antidote to the simplistic flat-world vision of globalization with his complex and nuanced view of the many differences between cultures and markets that executives must consider as they roll out their business around the world.

2009
Managing, by Henry Mintzberg (Berrett-Koehler). The iconoclastic Canadian professor made the best case of his career for a more holistic, humane view of managing, which he convincingly declares is as much art as science.

2010
Chasing Stars: The Myth of Talent and the Portability of Performance, by Boris Groysberg (Princeton University Press). Anytime we get too enamored of the “great man” theory of leadership we should turn back to Groysberg, who shows how capabilities can be developed within the context of an organization.

 

Make Talent, Not War - BCG

BCG.perspectives, December 14, 2011

From Serendipity to Strategy

This article from The Boston Consulting Group’s Organization practice is the first in a series on talent challenges. Future articles will examine the implications for talent management of several trends:

• The shift in growth opportunities and competitive threats in high-growth markets, where culture, work habits, and demographics may differ substantially from a company’s familiar markets
  

• National economies that are slowing and might be sliding into another recession
  

• The ever-faster pace of technological change and innovation, which puts greater demands on employee learning and retraining
  

• The unprecedented number of generations working side by side in an organization

Build your bench of talent soon, or fall behind competitors that are far better prepared

...Where’s the greatest vulnerability? Talent is already in short supply for many positions. For example, in a worldwide survey conducted by BCG in 2010, 56 percent of responding companies cited a critical talent gap for their senior managers’ successors, in part because their internal talent pools are too shallow...

EFMD Meeting 2012 for Deans & Directors General

Hosted by: Nottingham Business School, Nottingham Trent University

Theme
What Deans are interested in...

Target group
A meeting by invitation only, for those with chief executive (top management) responsibility and authority in EFMD member business schools and centres. Directors of non-member schools can be invited at the discretion of the organisers.

The Informal Economy Conference - Academy of Management

The Informal Economy

The Academy is calling for reviewers for its 2012 Annual Meeting Program, August 3 - 7, in Boston, Massachusetts, U.S.A.

If you are interested in being a part of the review process, we highly encourage you to sign up as a volunteer reviewer for the divisions or interest groups in which you are a member, planning to submit to, or are interested in. Divisions and Interest Groups will also be following up with those of you who have reviewed in the past. Please note that even if you have reviewed in the past, you still need to sign up for the 2012 Annual Meeting.

...The review period for the 2012 Annual Meeting is from January 10, 2012 (Submission Deadline) to February 9, 2012 (Review Deadline).

www.investinspain.org

www.investinspain.org (in English)

www.spaininvestorsday.com