After 7 years leading one of the world's elite B-schools, Thomas Robertson @wharton will be calling it quits to teach ow.ly/kaoCE
— louislavelle (@louislavelle) 17 avril 2013
After 7 years leading one of the world's elite B-schools, Thomas Robertson @wharton will be calling it quits to teach ow.ly/kaoCE
— louislavelle (@louislavelle) 17 avril 2013
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At the AACSB ICAM 2013 Conference, Elaine Eisenman, Dean of Babson College, and Kai Peters, Chief Executive of Ashridge Business School, set out some of the main issues in executive education today. Peters described the period as being one of the“most Schumpeterian times for executive education” and business schools in general. The presentation entitled “The Ideal, the Real, and the Deal” first dealt with some of the key misconceptions concerning education...
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Santiago Iñiguez, 23 March 2013, University World News
There is no magic formula for turning somebody into a consummate manager. Good managers are made over time, based on the systematic exercise of good habits and routines, and through the accumulated experience of their sector and their relationships.
To reach the heights of management excellence requires discipline and hard work. It is not achieved simply through the passage of time.
Nevertheless, universities and business schools can help lay the foundations for this process by providing a more integrated and rounded education to current and future managers.
The extreme specialisation developed in universities in the past has been criticised because of its undesirable consequence, namely ‘silo syndrome’, whereby academics deal only with colleagues in their subject and students gain only narrow perspectives on practical and theoretical knowledge.
Universities can combat this by restoring the value of the humanities in the tradition of American liberal arts colleges. Making the humanities a core part of all degrees will cement the learning experience and develop open-minded and well-rounded graduates.
I also believe that good management is not just about implementing good managerial techniques. It is about leading people, understanding collective behaviour and developing a strategic vision.
These managerial skills are genuinely related to the humanities, which is why I support the integration of different management disciplines within the context of the social sciences and the humanities.
Our experience at IE University shows that including humanities courses in management programmes enhances the whole learning experience. We have introduced subjects and sessions dedicated to the humanities in all programmes, from the bachelor in business to the MBA programme and executive education.
Ours is a two-pronged goal. On the one hand we hope to include management studies within the broad spectrum of the social and human sciences, with the aim of highlighting the inter-connectedness of the models, concepts and theories of a range of disciplines, thus leading to a better understanding of the social role of business.
The aim is also to create well-rounded managers – enlightened and cultivated directors who have a working knowledge of the arts and history of their own and other cultures, thus better enabling them to lead multicultural teams.
We believe that studying history enables directors to take better business decisions based on an understanding of the experiences of the past. Similarly, an understanding of the history of art can strengthen students' powers of observation and perception, which in turn enables them to take more reflective or considered decisions, thereby offering a counterbalance to the action-oriented approach of most directors.
Diversity
In addition to revisiting the role of humanities in management programmes, we need to find new ways of identifying talent that go beyond conventional forms of intelligence.
One of our biggest challenges for the future is to come up with alternative ways of identifying diverse talent, and consequently developing the means to bring out the best in students. This will significantly expand the pool of potential applicants to business schools and other higher education institutions while helping these centres identify the candidates that are right for them.
Moreover, we need to develop new teaching methodologies and approaches to learning that bring out the entrepreneurial and innovation skills of management students, along with their interpersonal and leadership skills.
This is without doubt the next major challenge with regard to teaching in business schools, and in order to meet it we will have to work closely with educationists and psychologists. Such an approach will also have a tremendous impact on our students and on management in general.
First, it will amplify the pool and profile of potential applicants to business school programmes, attracting those entrepreneurial candidates who were previously reluctant to start along or quick to exit the academic path. But second, and most importantly, it will make management programmes become transformational experiences suited to each student's specific form of intelligence.
Opening up the curriculum to the humanities while developing new teaching methods for identifying individual aptitudes presents promising new horizons.
I believe that the changes outlined here are essential not only for the future relevance of business schools, but also for business graduates who look forward to becoming entrepreneurs or to joining the current challenging jobs market.
* Santiago Iñiguez is president at IE University and dean of the IE Business School in Madrid. His last book, The Learning Curve: How business schools are re-inventing education (Palgrave, 2011), explains the changes being undertaken in the sector worldwide. This article is based on a presentation he gave at the “Going Global” conference earlier this month.
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The Motley Fool/DailyFinance, Mar 28th 2013
In the interview below, we chat with Roger Martin, strategy expert and dean of the Rotman School of Management at the University of Toronto.
We touch on a number of subjects in this interesting interview, including Bill Ackman, innovation, corporate responsibility, executive compensation, and how to pick out great companies. Martin is the coauthor of Playing to Win, a new book focusing on strategy written with former Procter & Gamble CEO A.G. Lafley.
A full transcript follows the video....
Brendan Byrnes: Hi, I'm Brendan Byrnes and I'm joined today by Roger Martin. Roger is the coauthor of Playing to Win, and also the dean of the University of Toronto's Rotman School of Management. Thanks again, it's good to see you.
Roger Martin: It's good to be back.
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19 March 2013, Guardian Sustainable Blog
Get to know your planetary boundaries
Our planet's boundaries are environmental lines such as ozone depletion, ocean acidification and climate change that we cannot safely cross if we want human life to survive on earth
The planetary boundaries concept refers to nine limits to human impact on the life of the planet. When transgressed, these limits will trigger a cascade of ill effects, putting human life and civilization in peril and irreversibly altering the viability of habitats for virtually every species on Earth. By remaining within these limits, life can go forward.
The Stockholm Resilience Group, a group of academics based at Stockholm University, has quantified the levels at which decline in various processes and systems accelerates precipitously and dangerously: these include climate change, biodiversity loss, bio-geochemical change, ocean acidification, conversion of wilderness to cropland, freshwater consumption and ozone depletion...
Alison Kemper teaches management at York University in Toronto, Canada, and has worked with the Michael Lee-Chin Institute for Corporate Citizenship since 2005
Roger Martin is dean of the University of Toronto's Rotman School of Management and is academic director of the school's Michael Lee-Chin Family Institute for Corporate Citizenship. His research work is in integrative thinking, business design, corporate social responsibility and country competitiveness. His most recent book is Fixing the Game.
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An Interview With Stanford Dean Garth Saloner, 22 March, 2013
Does business school cost too much? Is it really worth it?
Ask the dean of the most expensive MBA program in the world and not surprisingly you’ll hear a strong argument for why Stanford is worth every penny of the record $185,054 estimated cost of its two-year, full-time MBA program.
Garth Saloner, dean of Stanford Graduate Business School since September of 2009, argues that MBAs can easily recoup the costs in hefty starting salaries, generous bonuses and a boost in lifetime earnings. But Saloner maintains that not every aspect of an MBA education can be quantified, and the intangibles can amount to a life-changing experience...
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March 6, 2013, Wall Street Journal
Steve Salbu, dean of Georgia Institute of Technology's Scheller College of Business, says he is the only openly gay dean at a top U.S. business school. As a result, he feels a duty to speak out for openness and equality for lesbian, gay, bisexual and transgender students and professionals...
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Arizona State University’s Amy Hillman took over as dean of the Carey School of Business this month. She is the school’s first female dean...
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Ikujiro Nonaka (Wikipedia) Hitotsubashi University,
Hirotaka Takeuchi (Wikipedia) Harvard Business School
"The Big Idea: The Wise Leader", Harvard Business Review, May 2011
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When Princeton professor Anne-Marie Slaughter published an essay in The Atlantic titled, "Why Women Still Can't Have It All," in July 2012 (most popular article of all-time of The Atlantic), she touched a nerve across generations and among both men and women, setting off a renewed public debate on women's progress and work-life balance.
Slaughter recently visited campus as a guest lecturer in the Authors@Wharton series and spoke directly to the people who she says inspired her to write the piece: this generation's students. In an interview for Knowledge@Wharton with Stewart Friedman, Wharton practice professor of management and director of the Wharton Work/Life Integration Project, Slaughter, former director of policy planning for the U.S. State Department, shares what it was like to draw back the curtain on her life as someone perceived to "have it all," and why she passed up the promotion of a lifetime to be with her family. She also suggests how companies can make life better for both women and men, and what society collectively must do to support the next generation.
An edited transcript of the conversation follows...
Dean Paul Danos describes some simple initiative business schools take to advance he globalisation of their students
February 5, 2013, EFMD's Global Focus Vol 7, issue 1 - "The business of change" (page 24)
issuu.com/efmd/docs/global_focus_vol_07_issue_01_online/1
From
www.efmd.org/global-focus/global-focus-magazine
The latest issue of Global Focus leads with Stanford GSB’s Garth Saloner on why business schools must change if they are to serve their students and society well. Other highlights include: The sustainable business; Towards a coherent portfolio of quality; Growing talent in growth countries; Globalising students; No pyramids in China; Fit for purpose: Putting sustainability into practice in a business school; Rise of the dragons; What alumni want; African futures; Progressive teaching ensures business school competitiveness; The Social Contract with Business: implications for the MBA; Languages and communication: a new challenge for management education.
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Dean Garth Saloner on why business schools must change if they are to serve their students and society well.
February 5, 2013, EFMD's Global Focus Vol 7, issue 1 - "The business of change" (lead article)
issuu.com/efmd/docs/global_focus_vol_07_issue_01_online/1
Founded seven years ago in Dublin, Ireland,
Camara (camara.org) has established e-learning centres that
have provided digital literacy services to some
450,000 children in poor communities in 1,650
schools in Africa, Ireland and the Caribbean. The
organisation has installed over 35,000 computers
and trained more than 5,000 teachers to use the
technology for learning purposes.
Another alumni, Jane Chen (MBA 08) (wikipedia), is cofounder and CEO of Embrace, a non-profit company that has developed a low-cost portable baby incubator. The incubator Embrace sells uses a gel-like liquid that can be heated in boiling water and inserted into the back of a modified infant sleeping bag, which keeps a baby’s body temperature at a constant 37 degrees. Today, these baby incubators cost less than $200 – about 2% of the cost of a traditional incubator – and are saving lives in India, Africa and beyond.
From
www.efmd.org/global-focus/global-focus-magazine
The latest issue of Global Focus leads with Stanford GSB’s Garth Saloner on why business schools must change if they are to serve their students and society well. Other highlights include: The sustainable business; Towards a coherent portfolio of quality; Growing talent in growth countries; Globalising students; No pyramids in China; Fit for purpose: Putting sustainability into practice in a business school; Rise of the dragons; What alumni want; African futures; Progressive teaching ensures business school competitiveness; The Social Contract with Business: implications for the MBA; Languages and communication: a new challenge for management education.
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www.weforum.org/videos/insight-idea-roger-martin
A conversation with award-winning author and dean of the Rotman School of Management at the University of Toronto Roger Martin on his breakthrough idea to dramatically change the way modern capitalism is regulated
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www.businessdegreeonline.com/programs/mba-degrees
Advice from the Experts We recently interviewed Dr. Santiago Iñiguez, Dean of IE Business School and author of "The Learning Curve" (thelearningcurvebook.com/), to share his insight into business education.
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Businessweek article on January 02, 2013 by Roger Martin
Chief executive officers and directors should make a New Year’s resolution to stop providing earnings guidance, abandoning the practice forever. If they don’t, regulators should resolve to do it for them. Regulators should repeal the safe harbor provision of the Private Securities Litigation Reform Act, which has enabled executives to provide guidance without fear of being sued.
It is possible. On Jan. 1, 2009, Paul Polman took over as CEO of Unilever (UNA), then the 60th-largest market-capitalization company in the world, valued at over $100 billion. Polman immediately told the capital markets that Unilever would no longer offer earnings guidance...
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Dean of Stanford Graduate Business School, Garth Saloner's mission has been to foster entrepreneurship across developing countries, which he believes will solve many of their global challenges. To achieve this, he has been promoting managers to become engines of growth for their economies.
THE WEEK caught up with Saloner to find out how innovation can be taught.
Why innovation, why India?
I think 'why India' is obvious. It is a rapidly growing economy. Why innovation? I have been coming to India for the last couple of years and I can see a shift in Indian business. Eight years ago, the conversation was about finding ways to match the emerging economies or how to meet their needs at a lower cost or more efficiently. Today, Indian businesses have become full-fledged and competitive. But, to be a global player, innovation is important. That is what we are targeting, and it is consistent with our own DNA as a business school.
How can innovation be taught?
Innovation can be taught [smiles], and we have learnt how to do that. Innovation requires three elements. First, you have to recognise the problem, and that needs analytical thinking. Business schools have been pretty good at that. Second, you have to come up with a solution, which is partly analytical and partly creative. I think business schools don't see themselves as teaching creativity. But, we have developed processes for creative thinking and on how to teach creative thinking. The third element is implementation, which is the biggest part of innovation. That is how you teach innovation, creativity and personal leadership.
When we think of innovation, it usually means putting two things together and coming up with a third one, something like jugaad. What is your take on this?
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New England Journal of Medicine article discusses value of patient surveys
Chances are you've filled one out. Many health care providers routinely ask patients to complete surveys after medical treatment. But, there is a belief among some in health care that patient feedback is not credible because they do not have medical training.
Fuqua Dean Bill Boulding and Professor Richard Staelintogether with Ph.D. candidate Matthew Manary and Seth Glickman from UNC's School of Medicine analyzed research to determine the value of patient surveys. They found that hospitals that score higher on patient satisfaction tend to have lower mortality and readmission rates and that these satisfaction scores provide additional information beyond clinical performance data in terms of determining the hospital's quality of care. The research group outlined several points to be considered in designing and administering patient surveys:
1. The survey should focus on a specific visit. Surveys assessing care over a long period of time are less reliable.
2. The survey should focus on patient and provider interactions. Patients are most credible in evaluating the interactions they have with doctors and other medical staff.
3. The survey should be timely and not delayed until well after the medical experience.
4. The survey results should be adjusted for risks.
5. Currently, there is no common way to define "patient satisfaction."
The authors conclude, "The focus shouldn't be on if patient feedback is valuable, but rather on how to improve the patient experience by considering both satisfaction and outcomes."
The paper was published on December 26th in The New England Journal of Medicine.
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"Life in Venice", December 17, 2012 by Felix Valdivieso in The other side of ie Professors
Back in October when I first spoke about shooting this video of the Dean of IE University’s School of Architecture, Javier Quintana, he said he would like to compare the architecture of Venice with the architecture of New York, more specifically the Campanile in Piazza San Marco and the Metropolitan Tower. Coincidentally enough I had to travel to New York at the end of that month and had the opportunity to film some of the places he wanted to talk about. Then, in November, I joined him on a business trip to Venice. I had a great time, partly because there aren’t many cities that can beat Venice on a sunny day, or any other day for that matter, and partly because he spoke with such passion and knowledge about the two cities that I gained a new perspective of every corner, every square, and every tower.
Unfortunately, I couldn’t fit all the interesting things he said into this video, and he didn’t only talk about architecture, but also about music, cinema, and life in general. So there I had no room left to say anything about either the amazing Schubert or the fabulous Death in Venice (both the film and the book). I decided to focus more on the life side of things. You’ll be interested to know that Dean Quintana is really good company when it comes to looking round shops.
As you might have imagined already, there was only one way this could end and that is with some excellent Bellini cocktails at Harry’s Bar.
P.S.: Don´t miss Martin Rico´s (1833-1908) Venice paintings at Prado Museum. Only till February 2013.
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IVEY Business Journal, Articles by this Author:
Change is like looking at one of those paintings made up of
individual images; if you look at it close up, all you can see is a
jumble of faces, but when you step back and look at the...
Read More
With globalization, technological innovation and the growing number
of linkages among people, activities and events, today’s pace of change
is relentless. The people of the world mix and mingle as never before,
forging new partnerships and creating more culturally diverse...
Read More
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Change at the helm of SDA Bocconi, the school of management of Università Bocconi in Milan, with the appointment as Dean of Bruno Busacca, professor at the Department of Marketing. Busacca, who succeeds Alberto Grando, in charge since 2006, has been appointed Dean of the school today by the University Board, upon proposal of the Rector Andrea Sironi, and will hold the post for the next two years.
“I am happy to add Bruno Busacca to my rectoral team and am sure he will contribute in line with the precious input that Albert Grando gave in his six years as Dean,” comments Sironi. “Years in which SDA Bocconi managed to grow its international presence and reputation, facing up positively to the difficult moment of the crisis of the market and stronger global competition. A success which also saw SDA consolidate its position in all the most important international rankings.”
After completing his studies at HEC Paris and the School of Business Administration of Berkeley University, Busacca directed the Marketing Department and then the Executive Education Custom Programs Division - Corporate (2004-08) and the Masters Division of SDA Bocconi (since 2008). He has published numerous books and papers in international journals on the subjects of customer analysis, marketing strategy and value creation, customer satisfaction and brand management...
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New direction for Johns Hopkins Carey might be just what the doctor ordered: on.wsj.com/WMfrY3#bschool #JHUCarey
— Melissa Korn (@BizEdWSJ) December 6, 2012
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+...Cities are the key Key to Beating Climate Change - carnegieendowment.org/2012/12/05/cit… via @carnegieendow
— Doug Guthrie (@DeanDougGuthrie)
+@lffriedman How can the U.S. best utilize its new oil & gas resources? Read our #GlobalTen. bit.ly/RoQlSm RT?
— Carnegie Endowment (@CarnegieEndow) December 10, 2012
Just ran #RehobothMarathon. Great event. After 14 marathons, many of the big ones, think I like the small ones better. Next up #DC in March
— Doug Guthrie (@DeanDougGuthrie) December 8, 2012
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The Red Queen and Green Business
It's time to give up our faint hopes that scientists have been unnecessarily gloomy about the rate at which the climate is changing. They were wrong. As the New Scientist asserts, it's even worse than we thought. We are not gaining ground on climate change; we are falling behind faster and faster. Our small steps toward efficiency and intensity do not bring us closer to our goal. As the Red Queen so famously put it, "It takes all the running you can do, to keep in the same place." And we are not running very fast.
As the world began to gather in Doha for COP 18, scientists and investors attempted to make this starkly apparent.
Three landmark reports were published in the last few days, all timed for the Doha meeting. The World Bank published a report entitled "Turn Down the Heat." The UN's World Meteorological Organization issued 2011 statistics on concentrations of atmospheric CO2. The World Resources Institute published aGlobal Coal Risk Assessment.
They make very uncomfortable reading. Together, they make the case that:
• a 4ºC increase in global temperature is both imminent and disastrous,
• we have reached 391 ppm of atmospheric CO2 , indicating a rate of increase in the level of carbon that will necessarily and swiftly propel us into the crisis ahead, and
• there are 1199 new coal-fired plants being planned and developed.
The madness has never been more obvious than it is today.
While many politicians are loathe to abandon revenues from the oil and coal industries, investors are growing impatient. Business is willing to step up to the challenge, but it needs politicians and diplomats to create effective investment policies that encourage rapid innovation.
The Global Investor Coalition on Climate Change, which manages $22.5 trillion in assets, issued an open letter on November 20. In it, they call for governments "to phase out subsidies for fossil fuels, which remain six times higher than subsidies for renewable energy sources." Instead, they want to see "workable solutions that will enable deployment of private capital in climate solutions." Without government cooperation, investors simply cannot help generate the large and small-scale technology transformations we need so desperately and so soon.
Instead, governments seeking to encourage economic development have returned time and again to the solutions that built their economies in the past: oil and coal.
Since every tonne of coal burned puts 2.86 tonnes of CO2 into the atmosphere, the correct response to the World Bank's warnings and the UN's measurement of 391 ppm of atmospheric CO2 is clearly not to build 1199 new coal-fired power plants.
We need vastly better solutions to the world's need for cheap energy, and we need them now. Our desperate and skyrocketing need for electricity has made us oblivious to the consequences of its generation. We continue to explore, plan, build and extract the materials and plants required to burn more carbon, underinvesting in the technologies that will allow us to survive.
Under these conditions, sustainable business is no longer about turning out the lights on weekends. It is about dismantling the economic structures of subsidies and investments in oil and coal. It is about accelerating and maximizing investment in green energy.
The Clean Air Task Force paper, "Four Policy Principles for Energy Innovation & Climate Change,"supports this view. The paper synthesizes independent research from a variety of academic sources. They find that optimal energy innovation policies "recognize CO2 reduction as a public good, and pursue energy innovation through a public works model."
Governments can "stimulate demand using public procurement and regulatory mechanisms (including performance standards and carbon pricing) to encourage private sector innovation... [and] support late-stage development and demonstration projects, which are typically too risky for private corporations to undertake, through financing and incentives."
Already, Germany has figured it out. Investment in their Energiewende, or Energy transformation, has allowed them to produce 25 per cent of their electrical power from renewables. They are on track for 35-40 per cent by 2020 and 80-100 per cent by 2050. Such gains are possible elsewhere, given the right incentives for investors and innovators.
Business is ready to step up to the challenge. Investors are anxious to develop new technologies. Government has to unlock the doors to investment and innovation, and it needs to begin this week in Doha.
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...I read The Economist cover-to-cover usually in one sitting on the day it arrives (Saturday). Time very well spent. I have subscriptions to other periodicals, which I skim and choose maybe one article per edition to read in detail: Foreign Affairs, Harvard Business Review, Atlantic, Wired, Forbes, and New Yorker...
1. David Herbert Donald, Lincoln. A lifetime project of mine is to read one or more of the “best” biographies of each of the U.S. Presidents, in chronological order. Many good books out there, so progress through the Presidents is slow. More has been written about Lincoln than any President, for good reason. He was a complex and transformational figure. His life offers a host of leadership lessons. This particular book would be a contender for “very best” biography of Lincoln. Suggestion: read this book, then see the new movie by Steven Spielberg, Lincoln.
2. Garry Wills, Lincoln at Gettysburg: The Words that Remade America.
...
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Top 1,000 Companies Wield Power Reserved for Nations
By Harvard Professors Robert G. Eccles & George Serafeim
Globalization has concentrated economic power within a group of large companies who are now able to change the world at a scale historically reserved for nations. Just 1,000 businesses are responsible for half of the total market value of the world's more than 60,000 publicly traded companies. They virtually control the global economy.
This vast concentration of influence should be the starting point for any strategy of institutional change toward a sustainable society...
"Why aren't we talking more about raising taxes on carbon & energy?" @harvard Prof Larry Summers in @washingtonpost hvrd.me/112RKzO
— Sustainable Harvard (@GreenHarvard) November 30, 2012
Scary: over 1000 new coal plants are planned worldwide, totaling 1400GW - like "adding another China" to GHG emissions: m.guardiannews.com/environment/20…
— HBS Environment (@HBSBEI) December 7, 2012
Students on campuses across the country ask universities to sell endowments in fossil fuel companies @nytenvironment - nytimes.com/2012/12/05/bus…
— HBS Environment (@HBSBEI) December 5, 2012
New Study @harvardhsph finds declining air pollution levels continue to improve life expectancy in US hvrd.me/SxC4jz
— Sustainable Harvard (@GreenHarvard) December 5, 2012
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Inauguration (+ www.IEBrown.com)
The local, Rhode Island and global Brown community gathered on October 27, 2012 to inaugurate Christina H. Paxson as 19th president. The ceremony included an academic procession; greetings from campus representatives; engagement of the office and presentation of presidential symbols; remarks by Mayor Angel Taveras, Gov. Lincoln Chafee '75, Sen. Jack Reed, Princeton University President Shirley M. Tilghman and others; and an Inaugural Address by President Paxson.
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It was when the Berlin Wall came down in 1989 that Edouard Husson, then living in France, packed his bags and headed for Berlin, to study and later to teach. “I found that our leaders were not ready for these events,” says the 43-year-old Frenchman, “So I had to go and see more.”
During his 11 years in Germany his enthusiasm for all things European flourished, a passion that has led Prof Husson to his latest job. In September he was appointed dean of ESCP Europe, the business school with campuses in five of Europe’s most influential cities – Paris, London, Berlin, Madrid and Turin...
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Wall Street Journal November 28, 2012
Don Quixote, Miguel de Cervantes. While the title character is “ethereal, idealistic and [prone to] delusions of grandeur,” his sidekick Sancho Panza is “the model of pragmatism,” says Santiago Iñiguez, dean of IE Business School in Madrid. Idealism and pragmatism are rarely found in the same person, and having input from advisors on both poles can ensure “healthy dialectics” among leaders.
The Love of the Last Tycoon, F. Scott Fitzgerald. Monroe Stahr, a fictional Hollywood producer, is “one of the most compelling and relevant business protagonists in fiction, flaws and all,” Iñiguez says. While he is a devoted and caring boss, Stahr can’t balance his passion for work with a healthy personal life.
King Lear, by William Shakespeare. This drama shines a spotlight on how complicated succession planning can become in a family business, Iñiguez says. Additionally, the Fool is “the equivalent of today’s management consultants: their mission is to deliver a detached, independent, critical assessment of a given situation.” (quotes from King Lear)
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University World News, 18 November, 2012 (photos added) (conference www.rhe.ie.edu)
For the first time, the annual international conference on “Reinventing
Higher Education” gave prominence to the rapidly transforming Arab
world. Changes in the higher education landscape – driven by new
technologies, shifting global forces and funding cuts – were other
trends debated.
The event took place from 22-23 October at Madrid-based IE University, which is a private non-profit business owned by the Instituto de Empresa SL.
“The idea is to look at the university as a whole from all angles, and
try to suggest reforms for the future, for the better,” said Santiago
Iñiguez, president of IE University and chair of the conference.
He pointed out that the Arab world comprises more than 400 million
people in 22 countries and is experiencing profound transformation. It
was significant, he said, that this change “is being supported by both
public and private institutions, including individual philanthropists”.
“Philanthropy has been increasing in the Arab world, as 40- to
50-year-olds who, for example, have been very successful bankers, saw
that guys of 18 were willing to give their lives for change and then
thought, ‘What can I do?’” said Salah Khalil, director of the Alexandria
Trust, which contributes to restoring world-class standards in
education across the Arab region. (DeansTalk, October 23, 2012)
“Everyone was really excited about the Arab Spring but the reality of
the situation is that we need an ‘Educational Spring’,” said Khalil.
“This is because ‘perverse institutionalism’ persists in the Arab world,
whereby an organisation, whether it is a mosque or a university
department, is set up to do something – and it does the exact opposite.
Our biggest challenge is to create structures that can change this.”...
Drucker Society Europe blog, October 17, 2012
I have to admit that the thing I like most about Peter Drucker is how often he said things that were dismissed at the time as improbable, extreme or even wacko and 25 years later were considered so obvious that they are assumed to have always been the case...
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YouTube video, November 6, 2012
Santiago Iñiguez, President of IE University, interviews Arnoud De Meyer, President of Singapore Management University, about the success of Asian Universities in the Global Higher Education Market and the key factors that have helped Singapore to become an international education hub.
The interview took place at the IE Madrid Campus during the Reinventing Higher Education Conference organized by IE University, where experts gathered from international institutions like Oxford University, Brown University, the World Economic Forum, Wikipedia, Alexandria Trust and the British Council to discuss the environment surrounding universities nowadays. This includes things like the demand in a globalized world, the strength of emerging markets like Asia or the Middle East, and innovation in teaching methods.
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"Life in the academic lanes", October 26, 2012, By Della Bradshaw of The Financial Times
As James Ellis – or Jim as he prefers to be known – leans back in his chair in the Financial Times offices in London and explains the benefits of online learning, it is clear he is not the usual bookish business school dean. “It (online learning) will allow a student in Fargo, Dakota to talk to one in Aberdeen, Scotland,” explains the top dog at the Marshall school at the University of Southern California. What is more, he adds, he has played golf in both locations – in Aberdeen, he emphasises, in the rain.
It is easy to conjure up a picture of the 65-year old former retail executive on the golf course, but this shrewd businessman has also proved his worth as a business-school dean, a job he has held for the past six years and for which he clearly still has tremendous enthusiasm. “I can’t tell you how much fun it is,” he says.
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Schmittlein,
who has been the MIT business school dean for the past five years, said
innovation and efficiency are the two most important factors driving
the growth of businesses and industries.
During his Bangkok visit
the dean met several Thai business leaders and alumni, including
Chartsiri Sophonpanich, president of Bangkok Bank, and Charumphorn
Sotikasathien, president of the stock exchange.
"In Thailand and
other countries, the biggest risk that many CEOs face is thinking that
the macro economy defines the opportunities. It doesn't. Things that
define the opportunities are efficiency and innovation...
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One of the most important keys to creating successful new products and services is finding a balance between invention and innovation. And this can best be found by making sure creative minds aren’t just coming up with cool ideas, but also by teaming up with strategists and business executives to understand their markets. So write Roger Martin, the dean of the Rotman School of Management at the University of Toronto, and James Milway, until recently executive director of the Institute for Competitiveness and Prosperity and the Martin Prosperity Institute at Rotman.
These are their conclusions in the recently published article “User-Driven Innovation: Putting an End to Inventing in the Dark,” which appears in the Fall 2012 issue of Rotman magazine. (The piece is not available for free online, but can be downloaded for a fee here.) Martin and Milway argue that companies need to also clearly understand the difference between “innovation” and “invention,” which the authors describe as two discrete concepts...
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Aug 7, 2012, Dean John Quelch on the future of China’s economy and relationship with the U.S.
More sane talk in the media about China (this one re currency): nyti.ms/TxLsXB. Maybe people are getting sick of the China bashing.
— Doug Guthrie (@DeanDougGuthrie) October 25, 2012
Being tough on China's currency won't increase US jobs but it could raise prices for consumers. Read my Forbes... fb.me/1jvgBbQY3
— Doug Guthrie (@DeanDougGuthrie) October 23, 2012
Election year habit: tough on China washingtonpost.com/opinions/its-c…. See also my Forbes.com column: forbes.com/sites/dougguth…
— Doug Guthrie (@DeanDougGuthrie) October 19, 2012
Finally an intelligent article on currency manipulation: On China Currency, Hot Topic in Debate, Truth Is Nuanced nyti.ms/PCIJL7 @nyt
— Doug Guthrie (@DeanDougGuthrie) October 19, 2012
Right way to deal with China, as opposed to threats re currency labels. WTO hands Obama victory in U.S.-China dispute reut.rs/Wv2rub.
— Doug Guthrie (@DeanDougGuthrie) October 19, 2012
FDI with Chinese characteristics: econ.st/Q2z7oz. China sits on $3trillion of ForEx reserves. We must attract this capital back to US.
— Doug Guthrie (@DeanDougGuthrie) October 12, 2012
Chinese State-owned enterprises: The state advances econ.st/PYAXIp. Going to be interesting year ahead re direction of new leadership.
— Doug Guthrie (@DeanDougGuthrie) October 12, 2012
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Peter Lorange's blog, "New Book: 'The Business School in the 21st Century'", 27 August, 2012
Dear reader
Together with Dr Howard Thomas, Dean Lee Kong Chian School of Business, Singapore and Dr Jagdesh Sheth, Distinguished Professor of Marketing, Emory University, Atlanta I have just completed a book on “The Business School in the 21st Century”.
Dr Janglish Sheth (alt. Dr Janglesh Sheth)
Dr Howard Thomas
The chapter headings are given below, and the content should be more
or less clear from this, but please let me know, if you would like to
have more information.
The book shall be published by Cambridge University Press in May 2013.
CHAPTER 0
Forword: Tripping or Tipping: The Business SChool and its dilemmas
CHAPTER 1
The Business School: History, Evolution, and Search for Legitimacy
CHAPTER 2
Business School Identity and Legitimacy: Its relationship to the modern University and Society
CHAPTER3
Rethinking Management Education and its Models: a critical Examination of Management and Management Education
CHAPTER 4
A Framework for Re-Evaluating Paradigms of Management Education
CHAPTER 5
Evaluation New and Innovative Models of Management Education
CHAPTER 6
Is the Business School a Professional Firm? Lesson learned.
CHAPTER 7
Enhancing Dynamic Capabilitites in the Business School: Leadership Capabilities in Curricula and Management
CHAPTER 8
Afterword: Business School Futures”
Best regards,
Peter
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In a short span of time, the SMU team has built a highly focused and successful university that delivers excellence in research and education aligned with business needs. SMU's vision and mission have been clearly defined, and the University has received generous support from the Singapore government, corporate and philanthropic community. Based on the quality of our graduates and our commitment to market-driven research, SMU is confident to be one of the best universities in Asia and the world...
Singapore Management University on YouTube
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September 26, 2012, By John A. Byrne
Since arriving little more than a year ago, former McKinsey & Co. partner Betsy Ziegler has swooped in like the master consultant she has been and turned over every rock and pebble in the place.
(Poets&Quants) -- When Betsy Ziegler applied to Northwestern University's Kellogg School of Management in the mid-1990s, she was rejected outright. Ziegler, instead, got her MBA degree from Harvard Business School. As Kellogg's associate dean of MBA programs and dean of students, Ziegler likes to joke that it took her 15 years to finally get inside the school...
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Dear Alumni and Friends:
It’s wonderful to be in beautiful Ithaca, New York, and historic Sage Hall! I am so grateful for the welcome messages you’ve sent, and I look forward to meeting many of you at alumni events in the coming months. As I’ve settled into my role as 11th dean of the school, I have identified three areas of focus for moving Johnson forward in the coming months, which I would like to share with you.
First, we have an unprecedented opportunity before us, as Cornell University expands its presence in New York City. The city itself offers us many new options, while the planned Cornell NYC Tech Campus on Roosevelt Island campus provides a unique technology and entrepreneurship angle. There is no other major business school that has a similar strength. The question for Johnson is: “How do we leverage the power of New York City and exploit it, not only to innovate, but also to strengthen the programs and activities in our home base of Ithaca?” The goal is to see how we can harness some of the talents, energy, and excitement around New York City and the NYC Tech Campus to create a new business innovation ecosystem.
The second area of focus, which is quite natural, given my background, is the global dimension. We hope to reach out to key regions and countries, such as China, India, Brazil, and Europe, seeking to increase the global impact of Johnson...in Dean | Permalink | Comments (0)
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Most business schools need a new business model. Numerous writers in this column have argued about the unsustainability of the current model, which primarily rewards academic research while not generating sufficient revenue to fund that very expensive activity. Only a few wealthy schools are exempt from this dilemma. From my experience that research-revenue circle can be closed only by engaging faculty with the oft-neglected, yet rich, constituency of practitioners.
Engaging faculty members successfully requires changing their mindset and also transforming the business model of the school so that it gives some priority to activities that involve practitioners: applied research, publication in managerial journals, media presence, advisory boards and the like...
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New York Times, Opinion, September 28, 2012
Roger L. Martin, the dean of the Rotman School of Management at the University of Toronto, is the author of “Fixing the Game: Bubbles, Crashes and What Capitalism Can Learn from the NFL.”
...But around this time, a dangerous new adversary to capital emerged: talent. Talent, in contrast to the more generic labor, is highly skilled and portable. And in the 1970s, talent began to flex its muscles...
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© Academy of Management Learning & Education, June 1, 2012
by Dean Roger Martin of the Rotman School of Management, University of Toronto
Abstract
Pearce and Huang have written an article that chronicles the low and declining incidence of actionable research in two of the top managerial journals. In this paper, I quantify the cost of production of not-actionable articles, explain why I think that their production has flourished, discuss the difficulty of individual scholars speaking to both business and academic audiences, and provide a thought on how to stimulate production of actionable business research output.
I estimate that the cost of producing not-actionable “A-journal” articles is on the order of US$600 million per year. It is not surprising to me that not-actionable article production has increased in that the “customers” for these articles are primarily other academics and not business people. I demonstrate that for this reason, it proves very difficult for a given scholar to simultaneously speak authoritatively to both fellow academics and business people. Finally, I suggest that to stimulate production of actionable business research output, the Academy needs to harness the power of case-based research methods to identify important actionable business issues and the meticulousness of scientific methodologies to generate rigorous actionable prescriptions for business people...
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Wall Street Journal article, September 5, 2012. By MELISSA KORN
Rich Lyons, dean of University of California, Berkeley's Haas School of Business, thinks a lot about numbers. He calculates degree programs' profit margins and seeks new ways to improve "applicant yield," or the proportion of admitted students who enroll. But Mr. Lyons wants his students to care about more than just math.
At Haas since 1993, excluding a short stint as chief learning officer at Goldman Sachs Group Inc., Mr. Lyons became dean in 2008. After taking the helm he introduced four "defining principles"—question the status quo; confidence without attitude; students always; beyond yourself— to provide a more articulate message about the school's strategy, which he says goes far beyond teaching the business side of business.
Rich Lyons, the dean of UC Berkeley's Haas School of Business "[Academically,] there is nothing we do that no other business school does," the dean says. It's the culture—one that prizes humility, creativity and curiosity—that sets Haas apart, he adds. Mr. Lyons, 51 years old, spoke with The Wall Street Journal about gaining financial independence from the university and the battle for student talent. Edited excerpts:
...
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