DeansTalk - business management education

Giving PhD candidates professional status should banish feelings of "belonging to a pariah class"

Via @newscientist

Giving PhD candidates professional status should banish feelings of "belonging to a pariah class" http://t.co/z0mIrEfE

Zaza Nadja Lee Hansen and Sverre Lundemo, Eurodoc, March 2012

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While being recognised as an employee rather than a short-term contractor will not solve all the issues doctoral candidates face today, it will be a step along the way. And it should hopefully banish feelings of "belonging to a pariah class", as one PhD candidate put it. It would also force institutions to adopt more transparent hiring procedures by ensuring that they adhere to the proper system, rather than hiring familiar faces on a casual basis.

So how can PhD candidates in Europe get the professional recognition they deserve? We at Eurodoc (the European Council of Doctoral Candidates and Junior Researchers) recognise that national scientific systems are different across Europe; there are needs specific to each country and each system is regulated according to particular legislation. Still, collective efforts should be made to improve working conditions at the earliest stage of a research career when a person's influence, establishment and power within the scientific community are still low.

We propose implementing the European Charter for Researchers and the Code of Conduct for the recruitment of PhDs. The Charter and Code, as it is known, is a set of principles for researchers, employers and funders setting out best practice regarding researchers' working conditions, career development and mobility. Part of this is the recommendation that PhD candidates are given employee status. 

We urge all research institutions as well as national and regional authorities to look at what they need to do to implement the Charter and Code. As of 2012, over 100 employers and funders throughout Europe are already participating in this process and examples of best practice abound. Young researchers in Eurodoc's national and observer organisations stand ready to assist national institutions prepared to participate in this process.

All these efforts should help bring about a much needed cultural change, which we hope will one day culminate in a change of national labour legislation across Europe, making it legally binding for PhDs to be treated as employees.

Ensuring that doctoral candidates find their research environment welcoming and rewarding is instrumental in achieving the EU's target of one million researchers by 2020. Eurodoc urges all European institutions to promote the full recognition of those who have taken the first step to becoming invaluable contributors to the scientific community.

What are your thoughts? PhD candidates, would being an employee rather than a student make a difference to your working life? Employers, what would this mean for you? Is the goal of having one million European PhDs by 2020 feasible, or even desirable?

The Top 100 U.S. MBA Programs of 2011 - Poets&Quants

Poets&Quants article (16,950 views, 132 comments-many recent) by John A. Byrne

"The Modernisation of Higher Education in Europe" - House of Lords report (UK)

Download The Modernisation of Higher Education in Europe (PDF 60 pages), 22 March 2012

Open Resources: Transforming the Way Knowledge Is Spread - New York Times

New York Times, March 18, 2012

(Open Education Week, www.openeducationweek.org,  5-10 March 2012)

...That is also the goal of Whyopenedmatters.org, a competition begun this month by the U.S. Department of Education, Creative Commons and the Open Society Institute, which will award a prize of $25,000 for the best short video explaining the benefits of free, high-quality Open Educational Resources, or O.E.R., for students, teachers and schools. 

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The IE University, in Madrid, employs 14 people who work full time on producing O.E.R.

“We have programmers, designers and writers working with our professors,” said Martín Rodríguez, director of multimedia content development. “If a professor comes to us with a specific need — for example on how to calculate the cost of capital — then we go to work.”

Some of what they produce can be relatively basic — a tutorial on “positioning” for a marketing course, for example. But IE’s multimedia case study of the drug company Novartis, which includes videos, simulations, interactive graphs and survey data, puts students in charge of developing a commercial strategy for the company.

The school’s Masters Series Madrid is a game — with soundtrack, 3-D graphics and interviews with executives — that allows students to manage an international tennis tournament.

“It’s a great way for people to see our school,” said Matthew Constantine, a member of the IE staff. Although all of the material on IE’s Web site is free for individual use, he said, the school “avoided developing material for self-learning” because “we think class discussion is essential.” Mr. Rodríguez said IE also hoped to recover some of the cost of producing material by licensing it to other universities...

The European citizens' initiative - via @FroehlicherT Dean HEC-Management School University of Liege, Belgium

@NeelieKroesEU (via @FroehlicherT)

RT @eu_commission: What will be the first European Citizens' Initiative? Registrations open 1 April on http://bit.ly/yWFbJz #ECI

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European Citizens' Initiative

The European citizens' initiative allows one million EU citizens to participate directly in the development of EU policies, by calling on the European Commission to make a legislative proposal.

This website provides information on all citizens' initiatives, it explains the rules, and enables you to launch your initiative.

...It is not possible to launch a European citizens' initiative before 1st April 2012, when the Regulation setting out the procedures and conditions for the citizens' initiative will begin to apply.  

The Masters of Innovation - Havard Business Review

By Scott Anthony - Bloomberg March 23, 2012, The Making of an Innovation Master

The Masters of Innovation, Havard Business Review

Here are my picks for the twelve people who have brought the greatest clarity to the field of innovation, organized alphabetically. To learn who almost made the cut—and more about my selection process—check out my blog post, The Making of an Innovation Master. Nominate your own choices in the comments.

An interview with @IEbusiness #MIM alumni Marcella Charmorro – Published author!

IE Business School - Master in International Management blog, 6 March, 2012

MIM graduate - Marcella Chamorro

Marcella Chamorro graduated from the Master in International Management program in July 2011, with a specialization in Digital Business. She had a head start in the subject, having set up her blog MarcellaChamorro.com and a side business working as a social media consultant, developing social media plans for non-profit and for-profits organizations in Nicaragua and the US.  Since graduation from IE, she has been working on yet another project, her first book, To Be or Like to Be: The Need for Authentic Online Marketing in the Era of Ultra-Informed Consumers, which has just been released on Amazon.com. Marcella graduated with a major in Communications from Boston College and is originally from Managua, Nicaragua.

Q: First of all, congratulations on your book! How did you come up with the idea and what motivated you to write it?

Thank you! I wanted to write something longer than my usual blog posts, but I also wanted the chance to do some real research about a certain topic — delve in deeper than my blog post format allows me.

Q: The book touches on many of the themes you write about in your blog, MarcellaChamorro.com, which you kept up throughout the Master program. Did your academic coursework help inspire some of your blogposts?

If you could only see my Moleskine from my MIM days! During lectures, I’d write down ideas — and sometimes entire posts. Lectures and in-class conversations definitely inspired many posts. My classmates thought I was taking notes, but I was actually busy analyzing and framing concepts in new ways in my notebook.

Q: Your book and blog are both concerned with the idea of authenticity. What are some of the worst outcomes an organization can suffer from being inauthentic?

Loss of community. Engagement and fun is truly overtaking traditional ways of brand-consumer interactions. Without authenticity, the brand is not likely to build a significant relationship with customers. That lack of community could affect their bottom line as social media becomes more and more important...

"The Learning Curve" book by Santiago Iñiguez will be presented March 27 at 7pm at IE Business School in Aula Magna

@SantiagoIniguez

I invite all readers to attend the presentation of my book The Learning Curve on March 27 at @IEbusiness School http://t.co/25w1y3Ql

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"The Learning Curve" was featured in the March/April 2012 edition of AACSB's BizEd magazine

Download "Bookshelf" (PDF 2 pages)

...As of January 2012, the AACSB accredits 643 institutions, representing 43 countries and territories on six continents...

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Presentación del libro: "The Learning Curve"

(thelearningcurvebook.com)

Mar 27, 2012

Only available in Spanish

IE Business Publishing, tiene el placer de invitarle a la presentación del libro: “The Learning Curve"

Escrito por Santiago Iñiguez de Onzoño, que se celebrará el martes 27 de marzo de 2012 a las 19,00 horas.

Presentación del Acto e Introducción:

Diego del Alcázar Silvela, Presidente de IE

Intervendrán:

- Carina Szpilka, Directora General para España, ING Direct
- Alberto Artero, Director General y Analista Económico, El Confidencial
- Fernando Barnuevo, Presidente de Antiguos Alumnos, IE Business School
- Santiago Iñiguez de Onzoño, Decano, IE Business School y Presidente, IE University

Al finalizar la presentación, se servirá un vino español

One Kings Lane: From The LAX Arrivals Terminal To $200M In Revenue

Techcrunch, March 25, 2012

As Susan Feldman waited outside the Southwest Airlines arrivals terminal at Los Angeles International Airport in October 2008, she had a nervous feeling in her stomach, which she compares to blind date jitters.

Except this wasn’t your traditional blind date. Feldman was meeting Ali Pincus, her soon-to-be co-founder, for the first time. They had spoken over the phone after a mutual friend set them up to discuss the overlap of e-commerce and home goods, but they hadn’t met face-to-face. Feldman and Pincus both recall feeling a combination of nervousness and excitement.

This wasn’t your typical founder story, but four years later, their brainchild, One Kings Lane, would become a business with over 4 million members, with expectations of over $200 million in revenue for this year...

Professor Sugata Mitra: The child-driven education

"Education is a self-organizing system, where learning is an emergent phenomenon." (Sugata Mitra, Professor of Educational Technology at Newcastle University and visiting professor at M.I.T.)

Wikipedia: Since the 1970s, Professor Mitra’s publications and work has resulted in training and development of perhaps a million young Indians, amongst them some of the poorest children in the world.

The Guardian, 16 March 2010, Slumdog reveals learning treasures

The education project that inspired an oscar winning film is now being tried in schools in the north-east

TED Talks - Why you should listen to him:

Sugata Mitra's "Hole in the Wall" experiments have shown that, in the absence of supervision or formal teaching, children can teach themselves and each other, if they're motivated by curiosity and peer interest.

sugatam.wikispaces.com
hole-in-the-wall.com/Publications.html. TED Video 820,683 Views

Harvard Business Review 53rd Annual McKinsey Award Winners - Michael E. Porter and Mark R. Kramer’s “Creating Shared Value”

Reuters, Mar 20, 2012

HBS, Institute for Strategy and Competitiveness, "Shared Value"

(DeansTalk April 12, 2012)

Harvard Business Review is pleased to announce that Michael E. Porter and Mark R. Kramer are the McKinsey Award winners for their 2011 article “Creating Shared Value.” Porter is the Bishop William Lawrence University Professor at Harvard Business School and a four-time winner of the McKinsey Award. Kramer is co-founder and managing director of FSG and also a previous McKinsey Award winner.

The annual McKinsey Awards, judged by an independent panel of business and academic leaders, commend outstanding articles published each year in Harvard Business Review. The awards were established in 1959 to recognize practical and groundbreaking management thinking by determining the two best articles each year

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This year’s McKinsey Awards also recognizes Rosabeth Moss Kanter as the second place winner for her article, “How Great Companies Think Differently.” Kanter is the Ernest L. Arbuckle Professor of Business Administration at Harvard Business School. Kanter’s article outlines the need for corporate leaders to think of themselves as builders of social institution in order to truly master today’s business challenges.

Asian business sentiment soars according to a new survey by INSEAD & Thomson Reuters

knowledge.insead.edu

Please refer to the full Asia Business Sentiment Survey for more information: http://link.reuters.com/bez27s

22 March, 2012, Asian business sentiment soars according to a new survey by INSEAD & Thomson Reuters, By Grace Segran

Asian business people are nearly twice as optimistic today than they were in the last quarter of 2011, and much less negative about their future prospects according to a quarterly survey published today of Asia’s leading corporations and their outlook for the next six months. The survey, published jointly for the first time today by INSEAD and Thomson Reuters, shows 51.35 percent of those surveyed had a positive outlook for the next six months, while  the  number of negative responses dropped dramatically, declining to 4.04 percent from 14.71 percent in the fourth quarter of 2011.

Harvard Humanitarian Initiative - The Satellite Sentinel Project

hhi.harvard.edu,  @HHI

Launched in 2007, HHI's Program on Crisis Mapping and Early Warning examines the use of information communications technologies in conflict and disaster settings. Research focuses on identifying patterns in humanitarian emergencies to improve response. HHI examines the impact of crisis mapping, geospatial and crowd sourcing technologies to prepare, mitigate, and respond to emergencies.

www.satsentinel.org,  @sudansentinel

The Satellite Sentinel Project is a game-changing collaboration, combining commercial satellite imagery, academic analysis, and advocacy to promote human rights in Sudan and South Sudan and serve as an early warning system for impending crisis.

(The Harvard Humanitarian Initiative manages the day-to-day operations of SSP, developed SSP's methodology, leads the analysis of all satellite imagery and information from the field, and writes and produces SSP's reports. HHI is a university-wide center with a mission to relieve human suffering in war and disaster by advancing the science and practice of humanitarian response worldwide.)

Book: "Finance and the Good Society" by Robert Shiller, (Princeton University Press, March 20, 2012)

Book on Amazon, at Princeton University Press

Previously on DeansTalk, 05 September 2011, Professor Robert J. Shiller of Economics at Yale - Reuters TV: "new" "bigger" "balanced budget stimulus"

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Yale School of Managment blog: Finance and the Good Society, March 9, 2012

Finance has a reputation problem; it is perceived by some as a bad actor behind the mortgage and debt crises in the United States and Europe, economic inequality, and market manipulations. In his new book Finance and the Good Society (Princeton University Press, April 4, 2012), Robert J. Shiller, the Arthur M. Okun Professor of Economics, argues that finance shouldn't be condemned, but used as a force to achieve the greater goals of society. 

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Read excerpts from Finance and the Good Society in a four-part series published by Bloomberg:

Part I: Walt Whitman, First Artist of Finance 

Part 2: Finance Isn't as Amoral as it Seems 

Part 3: Don't Resent the Rich; Fix the Tax Code

Part 4: Logic of Finance Can Banish Corruption

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Princeton University, Archived Lectures.

October 14, 2010
Robert J. Shiller, Professor of Economics, Yale University: "Finance and the Good Society" (69 mins 15)

Who Shouldn’t Go to College? - NYT

New York Times, March 23, 2012

Judith Scott-Clayton is an assistant professor at Teachers College, Columbia University.

Rick Santorum’s recent diatribe against higher education, in which he called President Obama a “snob” for wanting “everybody in America to go to college,” has reinvigorated the seemingly endless debate over whether college is worthwhile.

Economic evidence consistently and compellingly documents the value of postsecondary education in general (as Economix contributors have written about more than once). But high average returns do not necessarily imply that everyone should invest in college. So is there anyone who should not go to college – and if so, who?...

US to nominate Dartmouth College President for World Bank - FT

US to nominate Kim for World Bank, Financial Times, breaking news.

Dartmouth College president and physician a surprise nominee

New York Times, Dartmouth President Is Obama’s Pick for World Bank

(Reuters) - U.S. President Barack Obama will nominate Dartmouth College president Jim Yong Kim to lead the World Bank, a senior administration official said on Friday.

http://en.wikipedia.org/wiki/Jim_Yong_Kim

Jim Yong Kim (born December 8, 1959) is a Korean-American physician, and 17th President of Dartmouth College. He has been a Professor of Medicine and Social Medicine and Chair of the Department of Global Health and Social Medicine at Harvard Medical School. He was a co-founder and later Executive Director of Partners in Health along with Paul Farmer, Todd McCormack, Thomas J. White and Ophelia Dahl. On March 2, 2009, Kim was named the 17th President of Dartmouth College, a position he formally assumed on July 1, 2009. Kim is the first Asian-American to assume the post of president at an Ivy League institution.^[1] On March 23, 2012, the White House announced that President Obama would nominate Kim as the next President of the World Bank.^[2][3]

American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness

A joint study by National Venture Capital Association, Stuart Anderson (National Foundation for American Policy), and Michaela Platzer (Content First, LLC)

American Made provides an objective overview of the impact of immigrant entrepreneurs and professionals on the U.S. Economy. Immigrant entrepreneurs and professionals contribute significantly to job creation and innovation in the United States. This study shows the striking propensity of immigrant to start and grow successful American companies, particularly in the technology field. The study's findings reflect the benefits of an open policy toward legal immigration. However, it also reveals that current restrictions on skilled immigrants are likely to result in less job creation and innovation for America.

Download Study (PDF 40 pages) 2012, NVCA

Spain-startup.com & Investor Summit @spain_startup present your startup project before 15th May

Spain-startup.com,   at least 500,000 euro projects with international projection.

The 6,7 & 8th June 2012, Madrid will welcome the #SpainStartUp & Investor Summit: First global meeting between spanish enterpreneurs & international investors
Castellana 70, 1ª planta (1st floor)

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From yesterday's El País (via Google Translate) by Professor Javier Santiso. @JavierSantiso

"Spain is not without its attractions for foreign entrepreneurs. In fact, business schools are increasingly attracting talent, looming increasingly among the best in the world, including IESE, ESADE and Instituto de Empresa (IE Business school). Many startups created here, as the Swede Niklas Gustafson (founder of conzumo.com), the Norwegian Christian Nyborg (co-founder of Másmovil), Austrian Bernhard Niesner (founder of Busuu.com), the Belgian Francois Derbaix (serial entrepreneur, co-founder of Toprural), German Michael Kleindl (another entrepreneur and investor), Mexican Mauricio Prieto (co-founder of eDreams), the Colombian-American Steven Posner (another entrepreneur and investor in series) and many more. To these he must add the serial entrepreneurs from Latin America, like Argentina's Martin Varsavsky. Many like him have also become business angels, investing their assets in other startups, like the Frenchman Alexis Bonte. Others, like American Gary Stewart, driving incubators as IE Venture Lab and now Wayra accelerator for startups Telefónica. The Slovakian Marek Fodor, meanwhile, is turning Seed Rocket, an incubator based in Barcelona, ​​where is also located Didac Lee, a Chinese-born Spanish, CEO of Inspirit and promoter of many startups. What's more, others like the Indo-American Allan Majotra, Frenchman Nicolas Goulet (along with Venezuelan Alberto Gomez) or German Pommerening Chris co-founded some of the most venture capital funds active in the country: Axon, Adara, and Active, respectively. This group should be added others, like Mexico's Jose Marin, founder of IG Expansion, one of the most active online investors, based in Madrid".

Airbus launches Fly Your Ideas student challenge at Going Global conference - Topics for €30,000 prize revealed to universities worldwide

EFMD blog

Airbus has unveiled the topics for its latest Fly Your Ideas challenge (FYI 2013) at the Going Global international education conference in London, giving students worldwide the chance to help shape the future of flight.
 
FYI 2013 asks students to develop ideas for the eco-efficient aviation industry of the future.  It is part of the aircraft manufacturer’s Future by Airbus programme – a vision of sustainable air travel in 2050.  The winners will share the top prize of €30,000; the runners-up €15,000.
 
Proposals must address the key issues facing the industry: “Energy”; “Efficiency”; “Affordable Growth”; “Traffic Growth”; “Passenger Experience”; or “Community Friendliness.”...

To enter, students must register as a team of three to five members at www.airbus-fyi.com

Registration opens in May 2012, with the competition commencing in September.

Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened.

Winston Churchill

It's Time to Act on the Jobs Crisis - Prof. Thomas A. Kochan, Sloan bschool (MIT)

HBR blog network, March 16, 2012

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Business schools have a special opportunity and responsibility to lead and facilitate the dialogues needed to achieve a Jobs Compact. Let's put to work what we teach MBAs about how to frame, facilitate, and "get to yes" in complex, multi-party negotiations by helping national and regional business, labor, and education leaders translate these options into actions that create good jobs and competitive enterprises. And let's put our advice to work by teaching all our MBAs and executives how to build sustainable organizations that work for investors, employees, and the economy. (To see what we're doing at the MIT Sloan School, follow this link.)

No individual firm can do this acting alone — power comes through strong industry and regional networks. Business leaders need to work together and with other industry and regional stakeholders to share knowledge, mobilize the resources and build the ecosystems they need to compete on the basis of innovation, high productivity, and good wages...

This post is part of the HBR Insight Center on American Competitiveness.

(Link above refers to this among others)

Toward a New Grand Bargain:
Collaborative Approaches to Labor-Management Reform in Massachusetts
Barry Bluestone, Thomas A. Kochan

Download PDF (44 pages) Learn more >>

In the face of continuing fiscal crisis, the governors of some states including Wisconsin, Ohio, and New Jersey have taken to attacking public sector unions using new legislation to undermine the collective bargaining rights of state and municipal employees. The reaction has been widespread protest and a growing rift between political leaders and civil servants. We believe this painful struggle can not only be avoided in Massachusetts, but that the continuing fiscal crisis facing the Commonwealth and its municipalities can provide the motivation for forging a fundamental change in public sector labor relations that not only could lead to more efficient and effective government service, but in the case our teachers’ unions, could play a critical role in improving public education and closing the achievement gap.

Learn more >>

Kauffman Foundation: Latest News, Blogs and Highlights

www.kauffman.org

Latest News

(03/19/12) New Business Startups Declined in 2011, Annual Kauffman Study Shows 

(03/7/12) Nearly Half of Innovative U.S. Startups Are Founded by 'User Entrepreneurs,' According to Kauffman Foundation Study 

• Growthology:
  Global Entrepreneurship Congress 2012 

• Data Maven:
  Is it 15 percent or 35? 

• e360:
  How a City Created Its Entrepreneurial Advantage 

Highlights

CNBC's Power Lunch Features Kauffman's Startup Index 

CNBC features the Kauffman Index of Entrepreneurial Activity's 2011 findings on its Power Lunch program. The story highlights the overall decline in new business creation, the states with the highest and lowest startup activity and the industries with the most new businesses in 2011.

Start-Up Chile´s application process opens in search of next 100 global startups

www.startupchile.org

March 19, 2012 Start-up Chile blog

The program reinitiates search for bootstrappers who will receive equity-free seed capital of USD$40,000 and a 1-year work visa.

Start-Up Chile announces the opening of 2012´s first application process seeking to select, fund, and host up to 100 startup companies in Chile, giving them great access to a global network for those determined to make their projects global. Since the program´s opening on 2010, 276 startups coming from 36 different countries have participated in Start-Up Chile. The goal for 2012´s first round of applications is to attract up to 700 projects.

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The application process closes on April 3^rd. Applicants will receive a letter of acceptance/rejection in May. Two other application processes will be opened on 2012.

Spain to equal New Zealand at No.1 for time to start a SME (24 hours)

El País, 20/03/2012, "Sáenz de Santamaría anuncia un plan para crear empresas en '24 horas'"

(News may soon be on elpais.com/elpais/inenglish.html)

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Previously on Deanstalk, 24 October, 2011. "Best Countries for Starting a Business - No.1 New Zealand" (Doing Business ranking, www.doingbusiness.org of IFC/World Bank)

"one-stop" shop approach, where most of the government agencies that a start-up needs are linked online, keeps the country on top

Revolutionary mind needed to lead market: Koo (LG Chairman)

Korea Herald, LG Group chief holds marathon discussion with top executives, 2012-01-18

The group also selected around 400 employees from the managers level to give them control of its projects and another group of 1,500 in the lower ranks for entrepreneurship training.

The selected pools of employees also receive coaching and mentoring from the high-ranking executives and get to take part in MBA programs at local business schools, said LG Group officials. They get the opportunity to get their hands on a variety of tasks, such as job rotations, to be better prepared as future leaders, its officials said.

MBA Jobs Outlook: Cloudy at Best - Businessweek

Businessweek, March 01, 2012

The news this week about the MBA job outlook was once again overwhelmingly positive. The headlines were based on a new report from the MBA Career Services Council. The takeaway: 70 percent of schools responding to the CSC’s fall 2011 survey reported an increase in on-campus recruiting. Once again, the devil’s in the details...

"Leading by Leveraging Culture" - California Management Review - free article from Dean Lyons (Haas)

richlyons ‏ @richlyons

My single favorite article on how to manage organizational culture.http://bit.ly/yb7yR8

http://cmr.berkeley.edu 

California Management Review serves as a vehicle of communication between those who study management and those who practice it. We publish articles that are both research-based and address issues of current concern to managers.

CMR emphasizes three areas of critical importance to both practicing managers and academic researchers: Strategy and Organization, Global Competition and Competitiveness, and Business and Public Policy. CMR focuses on contemporary developments in the global economy, strategies for innovation, strategic planning, the management of technology, corporate culture, managing human resources, and business ethics.

CMR´s contributors include management consultants, policy makers, and senior executives as well as business school faculty from across the nation and abroad. Published quarterly by the Haas School of Business at the University of California at Berkeley, CMR's editorial board consists of highly respected scholars from seven of California's schools of business and management - Cal, Stanford, UCLA, USC, U.C. Irvine, U.C. Riverside, and U.C. Davis.

Your comfort zone can be your shackles

The National, Mar 18, 2012

As a former investment banker who gave it all up to become a sports marketing agent, Paris de L'Etraz knows a bit about stepping out of professional comfort zones...

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Why should quants change the way they are?

If your comfort zone as a person is small, you don't need to change. Be proud of it. But if your comfort zone professionally is small, you will have a problem in the next 20 years...

Prof. Jeffrey Pfeffer, Stanford - Power: Why Some People Have It and Others Don't (Book)

YouTube, Organizational Behavior Professor Jeffrey Pfeffer spoke about the role power plays and how sometimes hard work doesn't necessarily equal success. Book, On Amazon: "Power: Why Some People Have It and Others Don't"

Dean Ortalo-Magné, Wisconsin bschool, presents findings from surveys at MIPIM Europe (Real Estate)

Friday, March 9, 2012 Real Estate News

Dean François Ortalo-Magné presented the findings of a survey of the European economy at MIPIM 2012 during his keynote address on the final day of the conference. Ortalo-Magné and Mark Roberts, global head of research at RREEF, discussed the major themes and takeaways from the week in Cannes.

The survey looked at respondents' uncertainity about the current state of real estate markets and investing in Europe, the European economy, the effect that MIPIM has had on investment and the positive outlook that investors have towards the future.

Dean Ortalo-Magné's full presentation is below. (slides and video)

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Youtube Video, 09/03/2012

Dean François Ortalo-Magné. The US and Europe have embarked on fundamentally different paths in resolving their debt challenges: Austerity measures in Europe versus stimulus in the US. Policy outcomes will be different, and cannot be overlooked by real estate investors. There are many risks to consider and lots of opportunities ahead. How should investors approach the market today? What strategies are investors pursuing for a brighter tomorrow? Join us for the freshest insights on real estate markets: A combination of our panelists' research, your insights gathered during MIPIM conferences and events, and through our survey responses.

Prof. John Vogel (Tuck): Mortgage Settlement a Distraction, Not a Solution + How to Fix the Underwater Mortgage Problem

John Vogel (Faculty page) is an adjunct professor at Dartmouth's Tuck School of Business.

Mortgage Settlement a Distraction, Not a Solution, February 10, 2012

$26 billion is a big number. If the five banks who settled with the State Attorneys General would write a check for that amount and give it to someone as smart as Shaun Donovan, the secretary of Housing and Urban Development, I am confident that he could find ways to help homeowners and stabilize the housing market. Unfortunately, that $26 billion does not come in the form of a check and is largely an illusion...

How to Fix the Underwater Mortgage Problem, January 27, 2012

Housing continues to be a major drag on the U.S. economy. Many factors prevent this problem from being solved, but a key obstacle has been arguments based on moral hazard. From the outset of this crisis, politicians and angry citizens have railed against rewarding the "bad behavior" of homeowners who took on mortgage debt that they could not afford...

Economic Policy Reforms: Going for Growth 2012 - OECD

www.oecd.org/economics/goingforgrowth, 24 February, 2012 - via economy.blogs.ie.edu

International Comparisons of Educational Attainment

November 1, 201, Council of Graduate Schools

The United States continues to experience a high level of educational attainment, but many countries have surpassed, or will soon surpass, the U.S., according to the OECD’s latest annual compendium of international education statistics, Education at a Glance (OECD, 2011). The 495-page report assembles a wealth of data on a range of education indicators, including educational attainment, educational expenditures, and participation in education. This article uses data from Education at a Glance to examine educational attainment across OECD and G-20 countries.

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Times Higher Education magazine today publishes its 2012 World Reputation Rankings

15 March, 2012, TIMES HIGHER EDUCATION PUBLISHES 2012 WORLD REPUTATION RANKINGS

Harvard heads an elite group of six US and UK global university “super-brands”
 
But the West loses ground to the East in the global index of academic prestige

Cambridge beats Oxford in the world’s biggest ever global academic reputation survey
 
Some big name UK institutions have taken a hit and the UK’s representation among elite 100 has shrunk

US dominates with 44 institutions in top 100, UK next with 10, but clear evidence of the growing prestige of Asian institutions across the region, especially China

 
Times Higher Education magazine today publishes its 2012 World Reputation Rankings. The annual reputation rankings, which complement the prestigious World University Rankings, are based on the world’s largest survey of academic opinion and provide a unique insight into the shifting academic prestige of institutions.

Reputation both reflects and drives university success – helping to attract staff, students, business investment, research partners and benefactions in a highly competitive global market.
 
This year’s rankings provide clear evidence of an elite group of US and UK global “super-brands”, head and shoulders above the rest of the pack. The group is headed by Harvard University in 1st, followed by the Massachusetts Institute of Technology (2nd), the University of Cambridge (3rd), Stanford University (4th), the University of California, Berkeley (5th) and the University of Oxford (6th).
 
This top six super-group was identified in the first World Reputation Rankings in 2011, but the gap between sixth and the chasing pack has widened since last year.
 
The UK has 10 universities in the top 100 reputation list, second only to the US, with 44. But the UK’s representation has declined from 12 last year. Both Oxford (6th) and Cambridge (3rd) maintain their positions in the top six supergroup. However, big names in the UK, including Imperial College (down from 11th to 13th), University College London (down from 19th to 21st) the University of Edinburgh (down from 45th to 49th) and the University of Bristol (down from the 81-90 group to 91-100) have all suffered a fall in their reputation ranking.

...

The Times Higher Education World Reputation Rankings are part of the portfolio of university ranking systems that have established Times Higher Education as the most respected and cited provider of comparative university performance data in the world. The reputation rankings are based on a global, invitation-only opinion poll carried out by Ipsos for Times Higher Education’s rankings data supplier, Thomson Reuters. The poll has attracted almost 31,000 responses from 149 countries in just two annual rounds. This year’s results are based on a record 17,554 responses from senior, published academics, up by 31 per cent on last year’s poll of 13,388 academics.
 
Key Facts
·         There are a total of 19 countries/regions in the world top 100 reputation list
·         Only four countries are represented in the world top 20 – US, UK, Japan and Canada
·         The highest ranking university outside the UK and the USA is Japan’s University of Tokyo, in 8th place.
·         Brazil is represented in the top 100 by the University of Sao Paulo, in the 61-70 band.
·         The Middle East is represented by Israel, with two institutions in the top 100, and Turkey, with one.
·         Turkey is a new entrant to the top 100 list, with the Middle East Technical University scraping into the 91-100 band
·         Switzerland, a country of only 8 million people, has three universities in the top 100
·         Russia and India do not have a single university in the top 100.
·         Austria and Finland, who had one institution each represented last year, have both dropped out of the list
·         France has four institutions in the top 100, led by the Universite Paris-Sorbonne, although none make the top 50.
·         There are four countries with only one representative each in the top 100 – Brazil, Taiwan, Belgium and Turkey
·         Ireland is not represented in the world top 100 by reputation
 
 
Comments:
Phil Baty, editor of Times Higher Education Rankings, said:
 
“In a highly competitive global marketplace, those universities who enjoy the best reputations get to reap all the spoils – taking their pick of the best professors, creaming off the most talented students (whose degree certificates will be a passport to career success) attracting the most lucrative research partnerships and business contracts, as well as persuading benefactors to part with their money. When it comes to global prestige, the winner takes all.
 
“But while top reputations can take many years, even centuries to build, in today’s information-rich, fast-moving and interconnected world, universities can not sit back and rely on their history. New forces are emerging and signs of declining performance among the establishment are quickly identified, shared and spread. Established reputations can be highly vulnerable.
 
“Our data provides clear evidence that in terms of prestige among academics around the world, there is the start of a power shift from the West to the East.”
 
The Times Higher Education World Reputation Rankings 2012
(Copyright Times Higher Education 2012. Link to http://bit.ly/thewur)
 
 

@IEBusiness Venture Days in Madrid on 10th May

Speakers at http://entrepreneurship.ie.edu/venture-days

"Start-up Nation: The Story of Israel's Economic Miracle" author @saulsinger, conference at IE

...translated into 17 languages..

"at the start of 2009, some 63 Israeli companies were listed on the NASDAQ, more than those of any other foreign country."

The Economist notes that Israel now has more high-tech start-ups and a larger venture capital industry per capita than any other country in the world.

Saul Singer on Wikipedia. Start-up Nation... on Wikipedia, on Amazon

www.startupnationbook.com

Interview by Techcrunch

 

The Economist, January 2012, What next for the start-up nation?

Even in Israel, it is hard to turn young companies into adults...

Strategic Planning Society - New Strategy Magazine

www.sps.org.uk/news

New Strategy Magazine, February 13th, 2012

The new issue of Strategy Magazine explores a new vision for strategy. A series of engaging and farsighted features argue that recasting strategy as a profession would benefit business and thus the wider economy. However, much still needs to be done, including defining a body of knowledge and establishing a robust system of qualification, initiatives the SPS is spearheading.

Strategy Magazine Issue 28 offers an in-depth discussion of all these issues and more, with submissions from Kim Warren, Teaching Fellow at London Business School, Founder of the Strategy Dynamics approach, practitioner, author and speaker, Richard Whittington, Professor of Strategic Management at the Saïd Business School, University of Oxford, Duncan Angwin, Professor of strategy at Oxford Brookes University, UK and Associate Professor at Warwick Business School, and Ian McDonald Wood, the Research Director at FutureValue.

MBAs Should Take Competency Tests (HBR blog network)

HBR blog March 12, 2012 

Thomas Hout is a strategy consultant and adjunct senior lecturer at The Fletcher School at Tufts University.

...So here's a proposal to make sure MBAs are actually learning the skills they need: competency tests, administered to all graduates...

...Adding to the problem is the perverse, mutually reinforcing dynamic of students seeking high grades and professors wanting better teaching evaluations...

...And while we're at it, why not require teachers to pass an experience test? Freshly minted PhDs are paid well to teach because their students get paid well for the MBA, not because these young instructors are necessarily qualified to teach management. The most effective teachers I've encountered have been those who have worked in business, government, or non-profits--any place where managers face a messy, fast-moving world. Accreditation bodies should set standards for teachers' prior work experience...

Spain - "The Diaspora Begins", Professor Gayle Allard of IE Business School

economy.blogs.ie.edu, 12 March, 2012.

Spain is now officially a net emigrant country, according to the data, returning to a situation that characterized the country in the low-income 1960s.

...According to FENAC and ADECCO, the majority of the young people migrating are highly skilled, in particular, engineers, architects, computer scientists, researchers, doctors, biologists and others...

...Once the crisis is over and the new, less rigid labor market begins to create more equal opportunities for all rather than floundering in the permanent/temporary contract divide, the young migrants may return home, with a collection of skills and languages that will greatly benefit Spain and help it make the leap to a higher-skilled economy. There is hope for this scenario:  Spaniards are passionate about their country and the labor market reform makes it more likely that attractive and more secure opportunities may emerge for the young once the economy recovers...

Cladea - Leadership

Consejo Latinoamericano de Escuelas de Administración

www.cladea.org

www.revistaleadership.com (some articles are in English)

IIE Opens Emergency Student Fund to Provide Financial Relief to Syrian Students Studying on U.S. Campuses

Press Release of the Institute for International Education, Feb 15, 2012

Download the nomination form for Syria-ESF

Grants of $2,000 will help Syrian students with urgent financial needs to continue their studies in the United States

NEW YORK, February 15, 2012—The Emergency Student Fund (ESF) of the Institute of International Education (IIE) is issuing a call for nominations from U.S. colleges and universities that have Syrian students on campus with urgent financial need due to the escalating unrest in Syria. The program aims to help international students from Syria pursuing higher education in the United States complete their studies so that their academic careers are not interrupted as a result of turmoil in their home country.

Syria-ESF will provide grants of $2,000 each to Syrian students nominated by their U.S. host colleges and universities who may be unable to continue or complete their degree program in the United States due to serious financial difficulties precipitated by the situation in their home country. Administrators and faculty from accredited U.S. campuses can nominate up to four Syrian students at their institutions who need financial assistance to complete spring semester 2012...

Dean Roger Martin, Rotman bschool (Toronto) - Where theory meets practice

YouTube video, March 7, 2012

Tuck’s new Research-to-Practice Seminars give students look into origins & real-world application of faculty knowledge

...Tuck's Research-to-Practice Seminars arose three years ago out of Tuck's most recent strategic review process, Tuck 2012. "One of the themes of that review was to increase students' access to the thinking and knowledge of faculty," says senior associate dean Bob Hansen. "We were looking for ways to get students close to the research that faculty do when they are not in the classroom."

As with most business schools, the majority of high-level faculty research is largely invisible to students. While Tuck has long provided students with opportunities to assist in research-related activities and take part in independent studies, their reach has been limited. At the same time, says Hansen, actually doing research may not be the best way to expose students to the way research is done and how it is applied in a practical sense—especially for the majority of MBA students who will put their education into practice once they graduate. "Our students are not going out to do this kind of research," says Hansen. "That's why we came up with this format."

"If there is one thing the business world has learned over the past few years, it's that we may have taken a few too many things for granted."

"We wanted a way for our faculty to share with students not only best practices but also their approach to creating knowledge," adds Dean Paul Danos. "One should continuously inform the other. At Tuck, our research faculty teach a high percentage of courses, and we just wanted one more dimension to keep the research-and-teaching linkage together."'...

New research from "vitae" probes doctoral researchers' career thinking

www.vitae.ac.uk

Vitae is the UK organisation championing the personal, professional and career development of doctoral researchers and research staff in higher education institutions and research institutes.

---

New research probes doctoral researchers' career thinking, 21 Feb 2012

With a new Government innovation and research strategy published in December, Vitae is releasing new research based on views of over 4,500 researchers undertaking doctoral study in the UK. This charts their career trajectories into postgraduate research and also their future career aspirations and how these are shaped by their experiences.

Download PDF ( 37 pages) ‘What do researchers want to do? The career intentions of doctoral researchers' confirms that for many postgraduates, undertaking a doctorate is an exploratory career stage, not a definite first step to a research career. Even for those in later years of their doctoral programme, only a minority had definite ideas about their future. Their choice to undertake doctoral research had been overwhelmingly for intellectual curiosity and interest, desiring to develop more specialised knowledge and expertise, with few citing distinct career-related motivations. Those who entered doctoral research programmes some time after their prior first degrees (i.e. after periods in employment) were, unsurprisingly, somewhat more career-focused. ‘These findings have significant implications when considering the future supply of researchers for a range of employment sectors' said Ellen Pearce, Director of Vitae. ‘Given the undecided state of career thinking for many respondents, it's clear that the doctoral process is a crucial time for forming views about the career opportunities. University career services are highly valued by those doctoral researchers who seek advice; more needs to be done to align postgraduates' aspirations with practical career strategies'...

Dean John Quelch of CEIBS bschool - There Are No Weekends In China - How Asia's Biggest Dragon Is Driving Growth

Forbes, MBA50.com, 3/09/2012 

China is the driving force of Asia, and you can't get 9% GDP growth every year by working a 35 hour week. That is the view of John Quelch, Dean of the CEIBS business school in Shanghai. He sees a generation that feels privileged to be part of a moment in history...

 

 

In the second part of our interview with John Quelch, he discusses the challenges that China faces to develop their leadership and management skills, and how CEIBS is providing providing students with skills in leadership, change management and human relations management – the supposed ‘soft skills’ that are often the hardest to learn how to do well.

www.GreenOfficeWeek.eu & Green Impact Universities

www.greenofficeweek.eu

Videos

+

What is Green Impact Universities and Colleges?

www.eauc.org.uk/green_impact

Green Impact Universities and Colleges is a very successful environmental accreditation scheme that is currently run in 46 UK higher and further education institutions and is delivered by NUS in partnership with the EAUC.

In 2010/11 the scheme was delivered in 600 departments, reaching over 36,000 staff. Green Impact encourages pro-environmental behaviours amongst staff within a university or college...

blog.insead.edu

blog.insead.edu

Could Many Universities Follow Borders Bookstores Into Oblivion?

The Chronicle of Higher Education, March 7, 2012

Atlanta — Higher education’s spin on the Silicon Valley garage. That was the vision laid out in September, when the Georgia Institute of Technology announced a new lab for disruptive ideas, the Center for 21st Century Universities.

“When knowledge wins: Transcending the sense and nonsense of academic rankings"

Best Papers - All

2009
Nancy J. Adler and Anne-Wil Harzing, (PDF, 25 pages) “When knowledge wins: Transcending the sense and nonsense of academic rankings,” 8(1): 72-95.

Harvard Alumni Urged to Help the U.S. Compete

Businessweek, March 06, 2012

...Of the 10,000 alums who responded (to survey), 1,700 said they were directly involved over the past year in choosing whether to keep a business activity in the U.S.—and two out of three times in those situations, the U.S. lost out.

HBS made an appeal to change that trajectory at an alumni event Monday night in New York City, where it has its largest concentration of graduates. More than 700 alums listened to faculty lay out suggested business practices based on recent academic research (HBR)...

...Which is more or less what the organizers were hoping for. “Our job at the Harvard Business School is to see if we can’t mobilize our alumni,” said professor Michael Porter (HBR "Choosing the United States"), who has helped lead the school’s U.S. Competitiveness research project, during an interview at Davos...