DeansTalk - business management education

Is globalisation falling apart? Hélène Rey, Professor of Economics at London Business School

Vox Biography, Faculty page

The Inaugural Conference @ King's, Institute for New Economic Thinking

Session 4 of INET Inaugural 2010 Conference
Board Member

Hélène Rey Wikipedia (French)

Video from LBS Global Leadership Summit 2011

China’s economic slowdown - IE Professor Fernando Fernández

Fernando Fernández Méndez de Andes

Post of IE Economy blog, 20 December 2011

from I E on Vimeo.

Dean Jim Dean of UNC Kenan-Flagler bschool - "Who is Next in Line?"

@DeanJimDean on @educationtimes

The Times of India, December 14, 2011

Successful plans provide the training that not only prepare employees for leadership roles, but also prepare them to meet the challenges of tomorrow’s workplace, says James W Dean Jr, Dean, University of North Carolina’s Kenan-Flagler Business School, US...

Dean Roger Martin (Rotman, Toronto) in conversation with Nandan Nilekani

YouTube, 13 December 2010

TOPIC: "The Challenges of Achieving Unique Identification for 1.1 Billion Indians"
SPEAKERS: Dean Roger Martin interviews Nandan Nilekani (DeansTalk: January 2010, July 2010), Chairman, Unique Identification Authority of India; Co-Founder and former CEO of Infosys Technologies; author, Imagining India: The Idea of a Nation Renewed

Dean Sally Blount, Northwestern’s Kellogg Bschool - Best Route to Financial Stability, MBA or CPA?

Businessweek, November 30, 2011

A reader recently asked if there was more value in pursuing an MBA or becoming a CPA.

We asked Sally Blount, dean of Northwestern’s Kellogg School of Management, for the answer. Here’s what she said:

IE Professor Lucy P. Marcus, conference "Future proofing the board" 2011, Thinkers50 Future Thinker Award

Which thinker has emerged over the last two years with the potential to change the world of theory and practice?  The answer to this question posed by Thinkers50 is Lucy P. Marcus, the Anglo-American board chair and non-executive director who challenges conventional wisdom both inside and out of the boardroom.

9 Dec EVENT: Future proofing the board was the topic of a dynamic debate hosted by IE Business School in London last Tuesday night. IE Dean Santiago Iñiguez de Onzoño used the opening line of Dickens’ A Tale of Two Cities to aptly set the scene “It was the best of times, it was the worst of times”.

Chaired by Professor Lucy Marcus, IE brought together a panel of opinion leaders to discuss the evolving role of the board and how boardroom agendas must adapt to our changing times.

Professor Marcus opened the discussion with reference to her belief that the role of modern corporate boards is the juxtaposition of traditional roles and strategic ‘stargazing’. Traditionally boards focus on finance, corporate governance, compliance, corporate risk, etc. Stargazing is where a board focuses on the organization’s strategy - is it robust, resilient and, as the panel put it, capable of responding to Donald Rumsfeld’s “known and unknown unknowns”?

Dean Bernard Ramanantsoa, HEC Paris - Financial Times' "Meet the dean"

From SPECIAL REPORTS

Meet the dean

Bernard Ramanantsoa, dean of HEC Paris, on how it has changed in the 25 years since he was there as a student

“Ça n’a rien á voir,” says Bernard Ramanantsoa when I ask how his experience of an MBA at HEC in 1976 might differ from that of today’s participants. In other words, the two are worlds apart...

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Also was on Ask the experts: European business schools 2011, Dec 7 2011

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European business schools find an edge

Dec 1 2011  European business schools are better placed now to compete with top US business schools but they themselves are facing competition from Asian schools. Bernard Ramanantsoa, dean of HEC Paris, discusses with Della Bradshaw, business education editor, the challenges of competition and funding in austere times.  (5m 4sec)

300house.com - Professor Vijay Govindarajan of Tuck bschool - Inclusive Growth Is The Way Forward

www.300house.com

Faculty page of Professor Vijay Govindarajan of Tuck School of Business

Thinkers 50, 2011 Ranking: #3 and Winner: 2011 Breakthrough Idea Award

Businessworld, 03 Dec 2011

The next 50 years will be defined by two important trends - both favouring India. The world's population is about 7 billion, of which 5 billion are poor. Companies typically target the 2 billion rich. Over the next 50 years, the projection is that we will have 12 billion people, of which 10 billion will be poor. So, the biggest opportunity for corporations is to convert the poor into a consuming base, so that they become an even bigger opportunity over the next 50 years.

However, you need innovation to serve the poor. I recently wrote a piece on a $300 house for the poor. Once you construct a home, it becomes a reservoir for other products. Apple, for instance, does not sell a single iPhone to the poor. If you could make an iPhone for $5, there is a $25-billion market. Even for a giant like Apple, that's a big revenue opportunity.

The second big trend is sustainability. This planet cannot be sustained if the 5-billion poor turn into consumers...

Dean Robert Bruner of Darden bschool, post: "Reading to be a Full Person"

“Reading maketh a full man, conference a ready man, and writing an exact man.” –Francis Bacon (Wikipedia)

Post of November 18, 2011

...read 42 books in the past 12 months...

1. Joshua Wolf Shenk, Lincoln’s Melancholy: How Depression Challenged a President and Fueled his Greatness. If you think mental illness is only for followers, think again. This is an excellent discussion of depression at the top and how it contributes to a style of leadership.      

2. Howe and Strauss, The Fourth Turning. An exhausting presentation of a theory that America is entering a period of decline and extreme turbulence owing to a historical cycle of change. I seriously doubt the conclusions the authors reach, owing to their selective use of facts and historical analogies. Yet I recommend it as a stimulating representative of “declinist” writings. Sure to challenge your comfortable optimism.      

3. Manfred Kets de Vries, Happiness Factor. I had the pleasure of teaching this book in a small seminar last winter. It is a succinct summary of research and writings on human happiness. Are you happy? Maybe the pursuit of happiness is not the best pursuit in life. Read this, and think further.

...

15. George Tenet, At the Center of the Storm

Dean Ajit Rangnekar, Indian School of Business on becoming first B-school in South Asia to get AACSB accreditation

Press release ISB

The Indian School of Business (ISB) has received the accreditation by the Association to Advance Collegiate Schools of Business (AACSB), making it the first business school in South Asia to be recognised by the premier global body. The accreditation by AACSB coincides with the 10th anniversary of the b-school.

Dean Ajit Rangnekar: “We are delighted to have received the prestigious AACSB accreditation, which is regarded as the hallmark of excellence in business education. The AACSB is unique because of its mission-driven approach, evaluating the applying schools against peer schools with similar missions. Given our commitment to creating research-based knowledge, and developing leaders through innovative world-class programmes, we are delighted to have this robust and independent reaffirmation of our adherence to our mission.”

He further added, “We are confident that this recognition will translate into increased interest by the international community comprising of faculty, students and recruiters, and help us chart Asia’s and India’s growth as the global management education hub.”...

Dean Richard Lyons of the Haas School of Business, Interview in Poets & Quants

Interview in Poets & Quants by John A. Byrne

Rich Lyons is the Dean of the Haas School of Business at UC Berkeley. Prior to becoming dean in July of 2008, he served as the chief learning officer at Goldman Sachs in New York, a position he held since 2006. In that role, he was responsible for the leadership development of the firm’s managing directors. He was interviewed by John Coleman, Daniel Gulati, and W. Oliver Segovia, authors of the new book, Passion & Purpose. This interview is an excerpt from the book published by Harvard Business Review Press...

The "Foreign Policy" Top 100 Global Thinkers - several professors

The FP Top 100 Global Thinkers

Thinkers50 - Professors Vijay Govindarajan, Herminia Ibarra, Rita McGrath and Linda Hill - Studiotalk.tv

http://www.studiotalk.tv/show/business-leaders-live

Vijay Govindarajan, Herminia Ibarra, Rita McGrath and Linda Hill were live online on Tuesday 15th November.

The world’s leading business brains are gathering in London for the Thinkers50 Summit, a world-class management conference and awards celebrating the best and brightest global management thinkers...

Many of these pivotal ideas have been published by the Harvard Business Review Group and four of these leading thinkers are joining us in a special live webTV show to discuss how their ideas are impacting the business world are:

• Vijay Govindarajan, shortlisted for the Thinkers50 Breakthrough Idea Award for ‘ The $300 House’ – an idea he put forward in a 2010 blog that set off a campaign to re-invent housing for the world’s poorest people. Vijay coined the term ‘reverse innovation’ and his long-awaited new book on the subject publishes next year. VG is Professor at the Tuck School for Business, Dartmouth College, New Hampshire.

• Herminia Ibarra is shortlisted for the prestigious Thinkers50 Leadership award. The Cuban-born INSEAD professor made an impact with her 2003 book, Working Identity.  Now, her research asks: Are you a collaborative leader?

• Columbia Business School’s Rita McGrath is an expert on strategic business growth in uncertain environments. Shortlisted for the T50 Strategy Award she is regarded as someone a CEO of a major corporation should turn to for practical and imaginative strategic advice. Her latest book is Discovery Driven Growth (with Ian MacMillan) which promises a breakthrough process to reduce risk and seize opportunities. DiscoveryDrivenGrowth.com

• Linda Hill is the author, with Kent Lineback of Thinkers50-shortlisted business book Being the Boss. She is also shortlisted in her own right for the T50 Leadership Award. Linda is the Wallace Brett Donham Professor of Business Administration at the Harvard Business School and her current research looks at leadership for innovation.

Jeremy Rifkin, senior lecturer at Wharton bschool - Books: The Third Industrial Revolution+The Empathic Civilization

Jeremy Rifkin is an American economist, writer, public speaker, political advisor and activist. He is the founder and president of the Foundation On Economic Trends. Rifkin's work explores the potential impact of scientific and technological changes on the economy, the workforce, society, and the environment.

The Third Industrial Revolution

The Guardian - Saying goodbye to Adam Smith at the Dawn of the Third Industrial Revolution, 3 November 2011

EmpathicCivilization.com

Jeremy Rifkin on "the empathic civilization" on Ted Talks

On Huffington Post

Harvard Business School’s Dean On Moral Humility In Business

RadioBoston, 15 November, 2011

Nitin Nohria was named the new dean of Harvard Business School in 2010. Had his appointment come before the banking crisis and economic recession, he might have been seen as a strange pick. The former Harvard professor of leadership and organizational behavior is widely known as a soft-spoken, but frank critic of the way business is taught and done.

“Managers have lost legitimacy… in the face of a widespread institutional breakdown of trust and self-policing,”...

Nitin Nohria (AP)

Can Italy Be Saved? - Michael Spence, Nobel laureate economics, Professor Economics, NYU Stern bschool

2011-11-21 Project Syndicate 

Via @ProSyn

Michael Spence, a Nobel laureate in economics, is Professor of Economics at New York University’s Stern School of Business, Distinguished Visiting Fellow at the Council on Foreign Relations, and Senior Fellow at the Hoover Institution, Stanford University.

Dean, Emeritus, at the Graduate School of Business, Stanford University

Dean Roger Martin (Rotman bschool) - Canada, like Steve Jobs, should zero in on innovation

Globe and Mail, Monday, Nov. 21, 2011

...The first lesson is that commercial success and impact is more about innovation than about invention...

...The second lesson is that successful innovation actually means trying things that are unproven – optimally that have never been tried before...

Dean Doug Guthrie, Dean of The George Washington University School of Business, runs NYC Marathon for charity, Team for Kids

@DeanDougGuthrie

Dr. Doug Guthrie, Dean, Professor of International Business and Professor of Management at The George Washington University School of Business is an expert in the fields of economic reform in China, leadership and corporate governance, and corporate social responsibility. (Meet the dean)

Post of Dean´s Blog, November 07, 2011

Dean Guthrie completed his 13th marathon at the New York City Marathon yesterday.  He ran for the charity, Team for Kids (www.tfkworldwide.org), an organization helping to combat childhood obesity by providing health and fitness programs to children who would otherwise have no access.  Running by his side was his partner, Mira Edmonds.

Who cares for society? - Filipe Santos, INSEAD’s Assoc Professor of Social Entrepreneurship

--- by Nicholas Bray --- Last updated: October 27, 2011

...“Social enterprises generate a process of innovation in society by addressing problems that are neglected by the other institutions in our society, mainly the governments and markets and to some extent the social charity sector”...

...But social entrepreneurship shouldn’t just be written off as a comfortable add-on to the activities of established profit-oriented companies. It’s a strategy for value creation in its own right and a phenomenon that is increasingly becoming a focus of academic research...

...“Regulatory frameworks tend to keep things apart and regulate separately (things) that actually social entrepreneurs blend,”...

Dean Glenn Hubbard - Book - The Aid Trap: Hard Truths About Ending Poverty

Book on Amazon, (August 24, 2009) R. Glenn Hubbard and William Duggan, two leading scholars in business and finance

Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector—the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries.

Professor David Daokui Li (Tsinghua University School of Economics and Management) and Professor Yu Yongding

Professor Yu Yongding on Project Syndicate.

Yu Yongding, currently President of the China Society of World Economics, is a former member of the monetary policy committee of the Peoples' Bank of China and former Director of the Chinese Academy of Sciences Institute of World Economics and Politics.

 

 

Professor David Daokui Li on Wikipedia

David Daokui Li (Chinese: 李稻葵; pinyin: Lǐ Dàokúi) is a Chinese economist economist and the Director of the Center for China in the World Economy (CCWE) at the Tsinghua University School of Economics and Management and is the Mansfield Freeman Professor of Economics. He currently teaches courses on economic transition, corporate finance, international economics, and China's economy....He is a member of the 1985 inaugural class of the Tsinghua School of Economics and Management (Tsinghua SEM)..

Li Daokui is a part of a trio to replace Fan Gang, as academic members to the central bank’s monetary policy committee (PBOC Monetary Policy Committee)...

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"China could play key role in EU rescue", Financial Times, October 27, 2011.

“It is in China’s long-term and intrinsic interest to help Europe because they are our biggest trading partner but the chief concern of the Chinese government is how to explain this decision to our own people,” said Professor Li.

“Any mis-steps in helping Europe could cause problems with domestic public opinion – the Chinese people will watch very carefully what their own government does,” Prof Yu said. “European leaders also must have a clear plan of what to do and they must show China they have the political will as well as the support of their own people; if we see protests and chaos all the time, then China won’t have confidence in Europe’s political ability.

Prof McClelland - "a moral force" - a tribute by Peter Moizer, dean of Leeds University Business School

Financial Times, October 24, 2011

...When he was asked earlier this year why he had worked so tirelessly to develop management education and to make a difference to business and society, Prof McClelland said simply that he had been fortunate enough to make a contribution...

...As founding director of Manchester Business School (MBS), Prof McClelland laid the foundations from which the school grew into the renowned establishment it is today, and of which I am proud to be an alumnus. As founding editor of the Journal of Management Studies (JMS), he established a title that, 50 years later, remains among the best in the world...

www.journalofmanagementstudies.com

’Flat’ World Will Take Time to Smooth Out: Professor Pankaj Ghemawat

Businessweek, October 24, 2011.

...No matter how you slice the numbers, the bulk of the flow of goods and services is domestic, not international, and will remain so for the foreseeable future...

...Understanding that the world is much less integrated than many believe, and that distances and differences still matter, provides breathing room to consider more calmly whether to continue pushing forward with globalization.

The simple answer is: We should...

...The world is not flat.

Professor Teresa Amabile (HBS) - importance of "small wins" and management

"analysed 64,000 specific events at work" over 15 years, "doesn´t sound very exotic, but most managers don´t realize it, or don´t do it"

Teresa Amabile (born in 1949 or 1950) is the Edsel Bryant Ford Professor of Business Administration in the Entrepreneurial Management Unit at Harvard Business School.

HBR:  The Power of small wins

If you are a manager, the progress principle holds clear implications for where to focus your efforts. It suggests that you have more influence than you may realize over employees’ well-being, motivation, and creative output. Knowing what serves to catalyze and nourish progress—and what does the opposite—turns out to be the key to effectively managing people and their work.

Financial Times : Tiny bursts of joy pave the way to BHAG, September 12, 2011

progressprinciple.com

Solving the Health Care Cost Crisis - HBR - Porter & Kaplan - "optimism"

Costs vs. Outcomes "has never happened in healthcare"

HBR October 10, 2011

Michael Porter and Robert S. Kaplan, Harvard Business School professors and authors of the HBR article How to Solve the Cost Crisis in Health Care, explain why providers must start with proper measurement.

Dean Peter Tufano of Oxford - Lessons learned at Harvard find new home at Oxford

Article of Della Bradshaw, October 3, 2011

A quiet revolution looks set to take place at the University of Oxford, that most hallowed of academic institutions. And it is all to do with a man from Cambridge – Cambridge, Massachusetts.

Peter Tufano, the new dean at the Saïd school, has plans to build the reputation of the business school to match that of the university, one of the UK’s most prestigious. Few could doubt his credentials: for the past 22 years he has been a faculty member of Harvard...

..

Professor Tom Byers of Stanford University - "Difference Between an Idea and an Opportunity"

udemy.com, Lecture 1 of 9

Tom Byers, professor at Stanford University and founder and a faculty director of the Stanford Technology Ventures Program (STVP), stresses that "Entrepreneurs are not born, they are made". He discusses a framework that elaborates the difference between an idea and an opportunity.

Sunil Kumar, dean of Chicago Booth - "Chicago School defends it research" - FT video

Video interview with Della Bradshaw of the Financial Times.

Jul 8 2011  The free market theories of "Chicago School" economists have been blamed for the financial crisis. Sunil Kumar, the new dean of Chicago Booth business school, defends the research to Della Bradshaw, business education editor. He explains how the school is investigating how to avoid future crises and how to make sure the theories and their limitations are better understood.  (6m 6sec)

Professor David Connell of Cambridge Judge Business School - Innovation funding myths: Why British gov and the EU should take a lead from the US re procurement based innovation

Via @CambridgeJBS, 13 September, 2011

Research by Cambridge Judge Business School's Centre for Business Research (CBR) explodes three major myths that have underpinned innovation policy thinking in the UK and elsewhere for decades and identifies the importance of 'lead customers' in the innovation process. CBR Senior Research Associate David Connell explains why the American Small Business Innovation Research (SBIR) programme is the model to follow...

Small Business Innovation Research (or SBIR) program on Wikipedia

is a United States Government program, coordinated by the Small Business Administration, in which 2.5% of the total extramural research budgets of all federal agencies with extramural research budgets in excess of $100 million are reserved for contracts or grants to small businesses. In 2010, that represented over $1Billion in research funds. Over half the awards are to firms with fewer than 25 people and a third to firms of fewer than 10. A fifth are minority or women-owned businesses. A quarter of the companies in FY10 were first-time winners

Book - Professor Lynda Gratton, London Business School - The Shift: The Future of Work is Already Here

The Shift: The Future of Work is Already Here

Paperback: 384 pages, HarperCollins UK (July 15, 2011)

Lynda Gratton is a professor at London Business School and the author of Hot Spots and Living Strategy. She has been hailed by the Times as one of the top 20 business thinkers in the world today, esteemed by the Economist for "leading the world's top 200 business minds to predict the future of work," and the Financial Times called her the business thinker most likely to make a real difference over the next decade.

Description: Lynda Gratton's groundbreaking book looks at the five forces that will fundamentally change the way we work in the next 10 to 15 years: globalization, society, demography, technology, and energy. It remains to be seen whether this will be a bad thing or a good thing. The invaluable advice that Lynda imparts, however, is that there are three key shifts that individuals can make to prepare themselves in this fast-moving world.

The Global Entrepreneur (Color Magazine) - Dean Raghu Tadepalli of F. W. Olin Graduate School of Business, Babson College -

Article of Color magazine USA    via @Assoc_of_MBAs, 9th September 2011.

@ColorMagazine In a city rich in shades, here is a color that includes all...

Faculty page

Global, inclusive thinkers will shape the future - so how do we shape them?

The economic livelihood of the planet is in turmoil: debt crisis, market instability, double-dip fears. In every government and political institution, across international conglomerates and NGOs, even among the sacred spheres of monetary and fiscal policy - what is absolutely crystal clear is that the old rules have changed. The past is no longer a good predictor of the future.

What‘s needed right now are entrepreneurial leaders who can take creative action in the face of an unknown future to bring real economic and social value to all they do. It is a daunting task for business schools, but we must train and inspire these entrepreneurial leaders to create opportunities, to bravely encounter and learn from obstacles and to incorporate this learning into what they do next. This process ─ of acting, learning, repeating ─ is what managing in uncertain times is all about.

The world needs new entrepreneurial leaders because they cultivate hope and are masters at developing opportunities and creating jobs. And jobs equal peace and prosperity. Entrepreneurship today is all about giving people the tools to make it happen.
Yet, new entrepreneurial leaders will only thrive in an environment that is global and inclusive. We cannot be U.S. centered anymore. Look at any U.S. company and you will see that the majority of sales and most profits are generated from a foreign affiliate: Exxon Mobil, GE, any big company you can think of - where are they hiring? In China, in Brazil, in India.
We tell our MBAs that we want them to be able to go anywhere in the world and succeed. Building a student population that is intentionally diverse is a vital strategy in shaping entrepreneurial leaders. An entrepreneurial leader that is the embodiment of a global, inclusive community will have the best chance of making a real difference in the world.

Stepping Out Of The Comfort Zone

FT Soapbox - (Bschool) Financial models create a false sense of security

www.ft.com/soapbox

Financial models create a false sense of security, September 5, 2011

....Given the tremendous changes in financial systems, these theories must be scrutinised and then abandoned as models for the future. As business schools and institutions continue to preach these principles, they perpetuate a fundamentally flawed system of thinking. Now more than ever, it is as important to teach the flaws as it is to teach the basis that presents them.

Didier Cossin is professor of finance and governance at IMD, director of the IMD Global Board Center and programme director for High Performance Boards

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MBAs must learn to love the SME market

The current limitations of the job market means that business schools need to embrace a wider audience

• It really does pay to change jobs

Schools must adapt to the new Arab spirit

Western business schools can play an important role in helping to bring a more accountable, professional and responsible business culture to the region

• Gaddafi regime collapsing

Universities must embrace cultural change

While freedom of teaching and research must be defended, bridges for mutual transfers of knowledge and best practices have to be built

Good leaders have more than the right skills

Business schools must look at their actions not through the lens of their knowledge, but through that of the student experience

Bigger is better mantra can reap dividends

French schools can no longer rest on their laurels: if the ‘grandes écoles’ system is to survive and thrive it must adapt and make a virtue of its size

Leadership depends on keeping it real

In an ever more shifting world, having a baseline of values and beliefs will be crucial

...

Professor/Assoc Dean Matthew J. Slaughter of Tuck: The crucial connection between potholes and U.S. jobs

Read more: Article of www.Star-Telegram.com

...America's decaying infrastructure costs the typical American worker hundreds of hours in lost productivity. It also costs companies time and efficiency in moving their products around -- and also out of -- the country...

...Congress must pass comprehensive infrastructure legislation now to support America's competitiveness. In particular, Congress must ensure that sufficient funds are dedicated to this urgent issue. Americans stuck in Labor Day traffic understand this challenge of building infrastructure to build jobs...

Professors of Wharton propose ideas: "Labor Day 2011: Not Everyone Will Be Celebrating"

KnowledgeToday, September 2, 2012.

...Acknowledging the importance of jumpstarting the economy and getting people back to work, President Obama plans to lay out a jobs agenda in a speech to Congress on Thursday.

KnowledgeToday asked several Wharton professors to each propose one idea for getting people back to work.

Peter Cappelli, director of Wharton’s Center for Human Resources and professor of management: “The most successful government policy for encouraging jobs is hiring subsidies — programs where the government gives employers some kind of subsidy for each new hire they make, usually in the form of a tax break of some kind. There has been extensive research on these programs, especially in Europe where they have been popular, and they work better than anything else at promoting new jobs. They have been tried in various forms in the U.S., mainly to help disadvantaged workers get into the labor market, but they were also used after the 1991 recession to promote hiring. While the results have not been spectacular, they are better than any other option under consideration.”

Mauro Guillén, director of the Joseph H. Lauder Institute and professor of management: “There are two types of unemployment — long-term and short-term. It is impossible to design effective policies that do not distinguish between the two...

Professor Robert J. Shiller of Economics at Yale - Reuters TV: "new" "bigger" "balanced budget stimulus"

Robert J. Shiller (Wikipedia entry): currently serves as the Arthur M. Okun Professor of Economics at Yale University and is a Fellow at the Yale International Center for Finance, Yale School of Management

Yale's Shiller says new U.S. stimulus needed to create jobs, Thomson Reuters: Reuters Insider

FT´s Interactive graphic: The leading lights of business education

Updated August 19, 2011

An interactive graphic giving an insight into the careers and thoughts of the top business school deans.

Kellogg Dean Sally Blount’s Brave New Strategy - Poets & Quants

Article by John A. Byrne

“Think Bravely: We believe that business can be bravely led, passionately collaborative, and world changing.”

Those 15 words are at the heart of an ambitious effort to reposition Northwestern University’s Kellogg School of Management. The phrase, part of a branding exercise that will lead to more substantive changes at Kellogg, has new Dean Sally Blount bubbling over with excitement.

“I think we came out with something really exciting there,” says Blount in a wide-ranging interview with Poets&Quants..

Professor Gregg Fairbrothers (Tuck) - Book: "From Idea to Success"

Tuck News, August 23, 2011

Professor Gregg Fairbrothers, Adjunct Professor of Business Administration at the Tuck School of Business and Director of the Dartmouth Entrepreneurial Network (DEN) has published his first book, From Idea to Success, The Dartmouth Entrepreneurial Guide for Start-Ups with Dartmouth College graduate, Tessa Winter ’09. The book offers instruction and advice from hundreds of experienced entrepreneurs who have successfully launched businesses...

• Hardcover: 416 pages
• Publisher: McGraw-Hill; 1 edition (July 19, 2011)

“A guide that sets first-time entrepreneurs’ feet in the right direction.”
Geoffrey Moore, author, Crossing the Chasm (previously on DeansTalk)

Professor/Entrepreneur Steve Blank - Book "Four Steps to the Epiphany"

Book on Amazon (via Eric Ries)

steveblank.com

Steve Blank on Wikipedia

After 21 years driving 8 high technology startups, today Steve teaches entrepreneurship to both undergraduate and graduate students at the University of California, Berkeley Haas School of Business, Stanford University Graduate School of Engineering, and a joint MBA class with Berkeley Haas and Columbia Business School.

Post, August 17, 2011, The Four Steps to the Epiphany is Now in Russian (+French & Japanese)

Daniel Goleman: 'Leaders Must Position Their Employees Somewhere between Boredom and Stress'

On Wikpedia

Goleman received his Ph.D. from Harvard, where he has also been a visiting lecturer. ... He is a co-chairman of The Consortium for Research on Emotional Intelligence in Organizations, based in the Graduate School of Applied and Professional Psychology at Rutgers University...

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Uni>ersia Knowledge Wharton, August 18, 2011

With his 1995 book Emotional Intelligence, author, psychologist and journalist Daniel Goleman sparked widespread interest in the role that our emotions play in thought, decision making and individual success. The book became an international bestseller and Goleman has subsequently earned two Pulitzer Prize nominations and landed on the Accenture Institute for Strategic Change's list of the ten most outstanding intellectuals in the world...

...“Using the framework of emotional intelligence, companies can calculate with greater precision the chances that any individual will succeed than if they only evaluated his or her intellectual coefficient," Goleman noted, adding that the most academically successful student in a high school or college graduating class may have “wound up having inferior success at work compared with [someone] who was just an average student. The difference between the two is that the average student has been able not only to control his own emotions, but also positively influence groups of other workers. Everyone wants to work with him.”...

Most Popular Profs at Top Business Schools - Businessweek - 1. Aswath Damodaran(Finance) of Stern

Louis Lavelle on August 12, 2011, (@louislavelle)

The most popular business school professors are good teachers, plain and simple. They’re not rock stars, CEOs or celebrity researchers. Their names may not look familiar. But they’ve earned a place in the hearts and minds of their students by bringing to life accounting, finance and management, learning their names and helping them find jobs. Their students come first and it shows.

To determine which professors at the Top 30 U.S. full-time MBA programs were most popular, Bloomberg Businessweek used surveys sent to 2010 graduates asking them to identify their two favorites. Professors were ranked in order of absolute popularity. In all, the responses of 3,732 students were used to calculate this ranking; only schools that had more than 60 student responses were counted. At least one in every five survey respondents from each of the schools listed wrote down these names chosen for our top ten list as their favorite professor—pretty amazing considering they had hundreds of faculty members to choose from. Read on after the jump for the list.

1. Aswath Damodaran
Finance professor at New York University Stern School of Business

A seven-time recipient of Stern's "Professor of the Year" award, Damodaran practices open-source teaching, posting almost all his class materials on his blog. He's also one of the few business school professors to have inspired a tribute video on Youtube; the video spoofs pop star Justin Bieber's Never Say Never movie trailer. In the 89-second clip, the handiwork of a student, Damodaran proclaims "I want to be the Lady Gaga of finance." He has more than 4,000 followers on Twitter.

2. Gautam Ahuja
Strategy professor at the University of Michigan Ross School of Business 

Ahuja ran a stoneware distribution business and designed educational board games while an undergraduate in his native India before enrolling at Ross in 1991 for his Ph.D., his MA and his MBA. He never left. The corporate strategy professor stresses the importance of integrity and generosity in his lectures - values he says were handed down from his mother and grandmother. Ahuja also oversees the school's chapter of Net Impact, a national organization dedicated to using the power of business to improve society and the environment.

3. Jim Nolen
Distinguished senior lecturer in corporate finance and entrepreneurship at the University of Texas at Austin McCombs School of Business

Nolen has been on the faculty at his alma mater since 1980. In that time he has built up legions of fans. Former students describe him as a world-class storyteller (complete with a Texas accent) who brings his own experience as a small-business consultant to bear in lectures. Nolen's skills extend beyond the classroom: He "places more students than career services," says one former student, Q Beck.

4...

Professor Margaret Neale of Stanford GSB - Negotiation Strategy: Six Common Pitfalls to Avoid

stanfordknowledgebase August  8th, 2011

Whether you’re negotiating for your firm or for your position in it, you’ll do better if you avoid some common pitfalls.

Successful bargaining means looking for positives in every possible circumstance. “If I can trade off issues that I care about more and you care about less, then we’ve been able to create value in a transaction,” says Margaret Neale, professor of organizational behavior and director of two Stanford Business School executive education programs in negotiation. “That’s the silver lining.”

Sometimes negotiators fall into traps and leave resources on the table because they can’t see that silver lining. Some common pitfalls are:...

Professor Jeffrey Sachs (Columbia) - FT - "Tripped up by globalisation"

August 18, 2011 Jeffrey Sachs, Financial Times.   

..The path to recovery now lies not in a new housing bubble, but in upgraded skills, increased exports and public investments in infrastructure and low-carbon energy. Instead, the US and Europe have veered between dead-end, consumption-oriented stimulus packages and austerity without a vision for investment...

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On Wikipedia

Huffington Post posts

Jeffrey D. Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. He is also Special Advisor to United Nations Secretary-General Ban Ki-moon...

Assoc. Professor Alva Taylor of Tuck - "Different Roads to Innovation"

Tuck August 2011

For a brief moment during a recent day of volatile trading on Wall Street, Apple overtook Exxon Mobil as the most valuable company on the stock market. This was quite an accomplishment, considering Exxon’s giant global footprint in energy exploration, extraction and sales, and that Apple nearly went out of business in the mid-1990s. The turnaround that delivered Apple to the pinnacle of the technology business began in 1997, when Steven P. Jobs became CEO of the company he co-founded but was ousted from in 1985. How did the company’s ascendance come about?...

Dean John Quelch of CEIBS - aspires to make CEIBS a top 10-ranked research-focused business school

Poets & Quants

...Quelch, who aspires to make CEIBS a top 10-ranked, research-focused business school, is no stranger to administration. He was dean of London Business School from 1998 to 2001 and later served as senior associate dean at Harvard Business School (HBS)...

Associate Professor Nicholas Bloom of Stanford on the economy

Stanford News, August 10, 2011.

"Nobody knows what is going to happen next," says Nicholas Bloom.  One thing is sure:  "When people are uncertain about the future they wait and do nothing" – and that will lead to recession.

Dean Glenn Hubbard of Columbia Business School - Tax Reform Is the Swiftest Path to Growth - WSJ

Wall Street Journal, August 12, 2011

'What is tax reform?"

That's the Jeopardy-like question matching the answer: "The best step the government could take now to promote growth and employment." The Obama administration has been responding with "What are higher marginal tax rates and more stimulus?" But fundamental tax reform offers three key benefits.

First, reducing marginal tax rates on saving and investment and on work and entrepreneurship will increase capital formation and productivity, raising wages and output. Broadening the tax base and sharply lowering marginal tax rates can raise gross-domestic-product growth by a half to a full percentage point per year over a decade, according ...

Dean Andreas Pinkwart of The Leipzig Graduate School of Management - "We are small, but great"

MBA-Channel.com by Kirstin von Elm, 11 of August 2011

The Leipzig Graduate School of Management (Wikipedia) wants to grow, but with consideration for quality and a sense of proportion. Bachelor degrees will not be offered but a family-friendly part-time MBA, more personable service and new scholarships. Rector Andreas Pinkwart spoke about his plans to MBA-Channel.com.

Professor Pinkwart, for five years you were Innovation Minister in North Rhine-Westphalia, Germany, a very important technological centre. Do you think that the economy of a country known for its research and technology should invest more in the training of its employees?

Yes absolutely, in order to remain competitive companies must do more. However, I have noticed a positive trend. HR managers are constantly confronted with the issue of recruiting and retaining good employees. More and more people show interest in investing time and money in personal development and therefore in their own careers. Increasingly employees choose their employers according to their willingness to offer attractive professional training and support. Consequently, this increases the pressure on the training provider.

Increasing willingness to pay - increasing demands: Is it not difficult for a relatively small German business school to compete against the educational offers of renowned German universities?

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Professor Christina Romer(Berkeley) and Assoc. Dean Mathew Slaughter(Tuck) - calming market jitters (PBS video+transcript)

PBS Newshour, August 10, 2011

JUDY WOODRUFF: Today's plunge marked the fourth time in just over a week where the Dow Jones industrials have dropped by triple digits. Market volatility is at again near record levels.

We look at this and the larger picture with two people who have worked closely on economic policy. Christina Romer was the chair of the Council of Economic Advisers for President Obama until September 2010. She's a professor of economics at the University of California at Berkeley. And Matthew Slaughter served on President George W. Bush's Council of Economic Advisers from 2005 to 2007. He's now associate dean of the Tuck School of Business at Dartmouth College. And we thank you both for being with us.

Christina Romer, to you first.

The scary roller-coaster ride on the stock market continued again today. How do you explain it?

CHRISTINA ROMER, University of California at Berkley: Well, I think, obviously, one of the things about the stock market is it's very hard to explain the ups and downs...

Dean Emeritus Stanford GSB Mike Spence - Job creation: easier said than done

San Francisco Chronicle, August 7, 2011 + (Article of Foreign Affairs, July/August 2011)

From the perspective of Michael Spence, a Nobel Prize-winning economist (2001) and Hoover Institution fellow, the president faces some tough sledding..

...It's a structural reality that Spence believes Washington hasn't fully grasped and doesn't have a plan in place to address. "It's a design challenge, and that's not what we're doing right now," he said..

"There is every reason to believe these trends will continue," according to Spence, also a professor of economics at New York University's Stern School of Business..

Distinguished Visiting Fellow at the Council on Foreign Relations and the author of The Next Convergence: The Future of Economic Growth in a Multispeed World (May 2011, www.thenextconvergence.com).