The Skoll World Forum is a programme of the Skoll Foundation and is co-produced with the Skoll Centre for Social Entrepreneurship at the Saïd Business School, Oxford University. The Forum is an invitation only event and new delegates are identified by our extensive referral network.
The best remedy for the world’s ills, the best antidote to combat intolerance or the clash of cultures, or to neutralize bad foreign policies, is to develop good managers, create new businesses, innovate and generate value and wealth at all levels of society. What the world needs now is good entrepreneurs, good managers, and good business leaders.
A few years ago a newspaper in Mexico City ran a story on the creation of a museum dedicated to business leaders in the country. This unique institution intended to house photographs, films, and other documentary material, along with interactive exhibits that will tell the story of Mexico’s most illustrious entrepreneurs, among them Carlos Slim Helú (one of the world’s richest men). The aim of the museum was to encourage a new generation of entrepreneurs by example; to show the best face of management, given that the business stories that appear in the media are often too negative.
Entrepreneurs have probably been the category of managers most neglected. Research into their function and economic impact as individuals is relatively recent. Joseph Schumpeter was probably the first economist to put entrepreneurs under the microscope. His theory of creative destruction highlighted the entrepreneur’s role in stimulating investment and innovation.
However, in today’s constantly changing business environment, the new heroes are the entrepreneurs – the people who create wealth for society, either by creating new companies or by rejuvenating big corporations and even public institutions. By their nature entrepreneurs tend to operate outside of the existing norms or rules. They are the creators of their own rules; they change society and cause new ways of organizing and structuring human activity. Consider Google –whose founders Larry Page and Sergei Brin were awarded an MBA Honoris Causa at my school as featured in the attached photograph. Wikipedia, or Linkedin, all of which were created by entrepreneurs are now truly shaping our society. Indeed, in the coming years, entrepreneurs will be the architects of the new social structures – and the engines of social progress. Furthermore, Carl Schramm, who heads debatably America’s top entrepreneurial think tank, the Ewing Marion Kauffman Foundation, had an insight into what causes an economy to grow: “The single most important contributor to a nation’s economic growth is the number of startups that grow to a billion dollars in revenue within 20 years.”
Museums are the temples that society erects to celebrate the arts, the sciences, technology, or the knowledge of earlier cultures and civilizations. There are museums dedicated to just about every human or natural activity, yet until the Mexicans came along, there wasn’t one dedicated to business leaders. Neither are there any Nobel-style prizes for business leaders recognizing their work in creating wealth or running organizations. There may be prizes rewarding their philanthropy and commitment to the arts, but not for their contribution to business and management. How come? Should we assemble firms here in Linkedin to support the creation of a yearly Nobel Prize for the best CEO or best Entrepreneur?
I believe that would be just fair. Management can be one of the noblest professions in the world. It creates growth, wealth and development in society, provides jobs, fosters innovation and improves living conditions.
What does the future of business look like? In an informative talk, Philip Evans gives a quick primer on two long-standing theories in strategy — and explains why he thinks they are essentially invalid.
...Let me start, if I may, with a little bit of history. The idea of strategy in business owes its origins to two intellectual giants: Bruce Henderson, the founder of BCG, and Michael Porter, professor at the Harvard Business School...
www.socialprogressimperative.org/data/spi - New Zealand is no.1
Of issues covered by the Basic Human Needs Dimension, New Zealand does best in areas including Water and Sanitation and has the greatest opportunity to improve human wellbeing by focusing more on Shelter. Of issues covered by the Foundations of Wellbeing Dimension, New Zealand excels at providing building blocks for people's lives such as Access to Basic Knowledge but would benefit from greater investment in Ecosystem Sustainability. Of issues covered by the Opportunity Dimension, New Zealand outperforms in providing opportunities for people to improve their position in society and scores highly in Personal Rights yet falls short in Access to Advanced Education.
Professor Michael Porter will join as a guest speaker...
Tuesday, 8 April 2014
08:30 -10:00 GMT
Online via livestream
School of Earth and Environment, at The University of Western Australia, which is a member of www.go8.edu.au. The Group of Eight (Go8) is a coalition of leading Australian universities, intensive in research and comprehensive in general and professional education.
Australia’s current policy settings and institutions hold out prospects for doing its fair share - Lord Nicolas Stern (Wikipedia: Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and 2010 Professor of Collège de France. Since 2013, he has been President of the British Academy.)
Reimagining the future of the planet collaborating to tackle the biggest challenge facing us all http://t.co/ijIIYissuH— Richard Branson (@richardbranson) April 3, 2014
Video: Why you need to view a company as 'a community of human beings' http://t.co/xrheOtE7RG— Karl Moore (@profkjmoore) April 2, 2014
Very short video:
Estudio de @madridnetwork "Modelos de negocio en contenidos digitales" http://220.127.116.11/imgArticulos/Documentos/635315104927835991.pdf— Emilio Martínez (@aemiliusmg) April 2, 2014
David Meyer, April 1, 2014 Gigaom.com/2014/04/01/telefonica-buys-cloud-desktop-startup-eyeos/
“Were you expecting me to jump in?” he asked, a look of genuine surprise on his face.
Silence really can be golden. Here's my HBR blog on Knowing When to Shut Up, a vital cultural skill! http://t.co/bLbXLohy98— Erin Meyer (@ErinMeyerINSEAD) April 2, 2014
Erin Meyer is an affiliate professor of organizational behavior specializing in cross-cultural management at INSEAD in Fontainebleau, France, where she is the program director for two INSEAD executive education programs: Managing Global Virtual Teams and Management Skills for International Business.
She is the author of The Culture Map: Breaking Through the Invisible Boundaries of Global Business (PublicAffairs, due June 2014).
“I highly recommend this book to both the professional and leisure reader. Erin has shown to be one of the main representatives of the next generation scholars who combine deep conceptual models with very practical applications. A must-read!”—Fons Trompenaars, Author of Riding the Waves of Culture
I love the concept of "far analogies." How far afield do you look for inspiration? https://t.co/uICf0VOJZz— Bill Gurley (@bgurley) March 14, 2014
Tuck School of Business
Ross School of Business
University of Michigan
Stanford Graduate School of Business
Tuck School of Business
Darden School of Business
University of Virginia
Carlson School of Management
University of Minnesota
Harvard Business School
Olin Business School
Washington University in St. Louis
Happy to be on the Editorial Review Board of the new journal Strategy Science. 1st issue coming in 2015. Submit! http://t.co/7S0PIaW0vy— Dan Elfenbein (@OrgStratProf) April 1, 2014
Are leaders born or bred? The question was recently put to 400 Canadian CEOs and senior executives by Julian Barling, professor of organizational behaviour and the Borden Chair of Leadership at Queen’s School of Business in Kingston.
The leaders were also asked about gender equality in the upper echelons of corporate Canada and what skills and abilities today’s business executives ought to possess. Their answers were surprising and, in some respects, disappointing...+
What does it take to be a good leader? We talk to a business professor who's devoted his career to studying the boss http://t.co/gX8KsF3WL8— Julian Barling (@JulianBarling) March 26, 2014
Seven Years, Three Pillars: Looking back at Thomas Robertson's tenure as Wharton dean, The Daily Pennsylvania, March 27, 2014
Looking back at outgoing Wharton dean Robertson’s tenure
Dean Thomas Robertson, who led Wharton since 2007, repositioned a business school faced with a number of challenges.
In 2014, U.S News and World Report ranked Wharton as the number one MBA program in the country for the first time, tied with Harvard and Stanford business schools. In 2013 97.8 percent of Wharton MBA graduates received job offers within three months of graduation, the best placement record in the school’s history...
"Who’s Got Those Top Jobs?" (Harvard Business Review, March 2014) by Peter Cappelli (Wharton), Monika Hamori (IE), and Rocio Bonet (IE).
(Video Published on 11 Feb. 2014 ("Advice to young managers" at 5m12))
Peter Cappelli is the George W. Taylor Professor of Management at the University of Pennsylvania's Wharton School and the director of its Center for Human Resources.
Monika Hamori is a professor of human resource management, and Rocio Bonet is an assistant professor of human resource management, at the IE Business School, in Madrid. Prof. Hamori's work was published in Organization Science, the Academy of Management Annals, the Academy of Management Perspectives and Human Resource Management, among others.
...Over the past 30 years we've seen executives' education levels rise. About 65% of the leaders in 2011 held graduate degrees, compared with 62% in 2001 and 46% in 1980. Companies with the most MBAs in their senior ranks included Sears (75%), Sunoco (70%), and Disney (63%)...
Economist.com - whichmba - "A bumpy road to the top", 24th Feb. 2014
Aspiring MBAs may well ask: how do they get to the chief executive’s seat, and what kind of career bumps can they expect along the way?...
HBR (July 2010) article by Monika Hamori, "Managing Yourself: Job-Hopping to the Top and Other Career Fallacies"
Video May 2009, Dr Rocio Bonet speaks about the effect that MBA Rankings have on graduates' careers: "Career advancement of MBA graduates - IE Professors Talk".
The Focused Leader
Renowned psychologist Daniel Goleman looks at how leaders husband their most valuable resource: their own attention. Goleman is codirector of the Consortium for Research on Emotional Intelligence in Organizations at Rutgers University and the author of Focus: The Hidden Driver of Excellence.
In my last blog post, I profiled the attributes of “winners-take-all” markets. And I implied that such markets might be closer than you think. Well, they are for me.
Higher education is a winners-take-all market. Despite the cool indifference to competition that many academicians affect, the competition among colleges and universities is serious. Aside from the fact that most people want to belong to a community that matters in some respect, some faculty, staff, parents, students, alumni, governments, and media mavens ask a provocative question: “Why strive?”
Lord Davies of Abersoch has today (26 March 2014) published the third annual progress report into Women on Boards. Three years on from the ground-breaking review in 2011, Lord Davies and his steering group report a growing number of women in decision-making roles.
The latest figures today (26 March 2014), published at the same time as the Cranfield University School of Management’s Female FTSE Board report, show that women now account for 20.7% of board positions in the FTSE100 – up from 12.5% in 2011 and 17.3% in April 2013. Lord Davies originally set a target in 2011 of achieving 25% in 2015.
There continues to be real progress made with more women than ever before in the boardroom of the UK’s top companies and a growing recognition of the benefits gained by business, the economy and wider society.
Lord Davies, speaking ahead of his speech at Barclays, sponsors of the Cranfield report, on 26 March, said:
The rate of change that we have seen at the heart of our biggest companies over the last 3 years has been impressive. The voluntary approach is working and companies have got the message that better balanced boards bring real business benefits. We are finally seeing a culture change taking place at the heart of British business.
However, the eyes of the world are on us as we enter the home straight. They are judging us as to whether the voluntary approach, rather than regulation, will work – we need to now prove we can do this on our own.
Excited to share my Blog published today in Harvard Business Review: http://t.co/Lbpd6ohSJI— Gregg Schoenfeld (@GSstats) March 25, 2014
...Responding to GMAC’s 2014 Alumni Perspectives Survey were nearly 21,000 business school alumni around the world. Focusing on the majority of them (19,456) who earned their degrees since 1980, we find that graduates during recession years (1980-82, 1990-91, 2001, or 2008-09) are just as likely today to value their degrees highly as those graduating in other years. For these alumni, the retreat to value went through, not around, the classroom.
The “value meter” holds steady for alumni in every form of return we asked about: financial, personal, and professional. As they rate the value of their graduate business degrees, there simply aren’t meaningful differences between those alumni who graduated in recessions and those who didn’t:
Published on the occasion of Richard C. Levin’s retirement as president of Yale University, this captivating collection of speeches and essays from the past decade reflects both his varied intellectual passions and his deep commitment to university life and leadership. Whether discussing the economic implications of climate change or speaking to an incoming class of Yale freshmen, he argues for the vital importance of scholarship and the critical role that universities play in educating students and promoting the overall well-being of our society.
This collection is a sequel to The Work of the University, which contained the principal writings from Levin’s first decade as Yale’s president, and it enunciates many of the same enduring themes: forging a strong partnership with the city of New Haven, rebuilding Yale’s physical infrastructure, strengthening science and engineering, and internationalizing the university. But this companion volume also captures the essence of university leadership. In addressing topics as varied as his personal sources of inspiration, the development of Asian universities, and the university’s role in promoting innovation and economic growth, Levin challenges the reader to be more engaged, more creative, more innovative, and above all, a better global citizen. Throughout, his commitment to and affection for Yale shines through...
The company has named Rick Levin, formerly president of Yale University for two decades, as CEO.
So in case you were still wondering if Coursera might have ambitions of usurping the role of traditional higher education, the answer is no. Levin’s latest book, “The Worth of the University,” argues for the critical role of the university in society...
Professor of Finance at Cardiff Business School & Research Associate of European Corporate Governance Institute. All views are my own. RTs are not endorsements. Cardiff · business.cardiff.ac.uk/contact/staff/…
Prof. Marc Goergen on Corporate Governance: RETHINKING THE WAY CORPORATE GOVERNANCE IS TAUGHT IN BUSINESS SCHOOLS http://t.co/rR5uWUsWaf— Marc Goergen (@marcgjg) March 25, 2014
Richard Lyons, the dean of University of California, Berkeley’s Haas School of Business, has a dire forecast for business education: “Half of the business schools in this country could be out of business in 10 years—or five,” he says.
The threat, says Lyons, is that more top MBA programs will start to offer degrees online. That will imperil the industry’s business model. For most business schools, students pursuing part-time and executive MBAs generate crucial revenue. Those programs, geared toward working professionals, will soon have to compete with elite online alternatives for the same population.
IMD professors top Oscars of the business school world, Financial Times, Della Bradshaw, 3 March, 2014
The Case Centre's annual awards and competitions, now in their 24th year, celebrate worldwide excellence in case writing and teaching in business education. The awards and competitions are assessed anonymously to ensure impartiality.
Summary: Please see Notes for Editors below for further details of all the winners.
Winners include ESADE Business School, ESCA School of Management, IBS Hyberabad, IE Business School, IMD, Indian Institute of Management Calcuta, Indiana University, Indian School of Business, INSEAD, ITAM Mexico, Lagos Business School, SDA Bocconi, Solvay Brussels School of Economics and Management.
EFMD is delighted to announce the winners of the first phase of the 2013 EFMD Case Writing Competition. This year was a record with 258 case entries from 30 countries. The quality was exceptionally high so we thank all of you who took part. The "Best of the Best" category is now being evaluated by The Case Centre and the results of the overall winner of the competition will be announced at the end of April.
Corporate Social Responsibility: “Accenture Development Partnership” written by Michelle Rogan and Christiane Bode, both at INSEAD, FR. This category is sponsored by Kedge Business School.
Entrepreneurship: “WooRank: Creating & Capturing Value in a European Web Start-Up” written by Robin Demaria, Olivier Witmeur and Paul Verdin, all colleagues from Solvay Brussels School of Economics & Management, BE. This category is sponsored by EM Lyon.
Family Business: “Trusted Family: By Families, For Families, Forever…" (video case) written by Benoît Leleux, IMD, CH.
Finance and Banking: “Tumi and the Doughty Hanson Value Enhancement Group (VEG)" written by Benoit Leleux, Michel Galeazzi and Esmeralda Megally, all from IMD, Switzerland. This category is sponsored by Toulouse Business School-Groupe ESC Toulouse.
Supply Chain Management: “CISCO Systems Inc.: Supply Chain Risk Management” written by Maria Jesus Saenz, MIT-Zaragoza International Logistics Program (ZLC), ES and Elena Revilla, IE Business School, ES. This category is sponsored by Kedge Business School.
Emerging Global Chinese Competitors: “LENOVO Challenger to Leader”, written by: Hadiya Faheem, Freelance Case Writer, India and Muralidhara G.V., IBS HYDERABAD, India. This category is sponsored by Renmin University of China School of Business.
Euro-Mediterranean Managerial Practices and Issues: “HPS, a successful South/North Technology Transfer Model”, written by Belhcen Lhacen and Abbitan Yoni, both at ESCA School of Management, MA. This category is sponsored by Groupe Sup de Co Montpellier Business School.
Public Sector Innovations: “Finding Community Solutions from Common Ground: A New Business Model to end America’s homelessness”, written by Howard Yu, IMD, CH
African Business Cases: “Research in Motion: Managing Channel Conflicts”, written by Uchenna Uzo, Lagos Business School, NG. This category is sponsored by China Europe International Business School (CEIBS).
Indian Management Issues and Opportunities: “Embrace”, written by: Mridula Anand and Anand Nandkumar, both Indian School of Business, IN and Charles Dhanaraj, Indiana University, IN. This category is sponsored by Emerald Group Publising Ltd.
Responsible Leadership: “SMS for Life Case Series”, written by Donald A. Marchand, Anna Moncef and Patricia Santos, all IMD, CH. This category is sponsored by University of San Diego-School of Business Administration.
Inclusive Business Models: “Child in Need Institute: Non-Profit or Hybrid?”, written by Anjan Ghosh, Sougata Ray and Indranil Biswas, all three at Indian Institute of Management Calcutta, IN. This category is sponsored by IMD.
Latin American Business Cases: “Mabe: Learning to be a Multinational”, written by José Luis Rivas, ITAM-Santa Teresa Campus, MX andLuis Arciniega, ITAM - Rio Hondo Campus, MX. This category is sponsored by Universidad Externado de Colombia.
MENA Business Cases: “Roca in Egypt”, written by Josep Franch and Marianna Sablina Kondratieva, both at ESADE Business School, ES. This category is sponsored by HEC Paris in Qatar.
Bringing Technology to the Market: “787 Dreamliner: cleared for takeoff?”, written by Vitaliano Fiorillo, Raffaele Secchi and Silvia Zamboni, all at SDA Bocconi School of Management, IT. This category is sponsored by ESMT.
We would like to warmly congratulate all of the winners and once again thank all of our sponsors for their continued support of the EFMD Case Writing Competition.
John Hoffmire is Director of the Entrepreneurs in Residence Programme at Said Business School at Oxford University and the University of Wisconsin. He pioneered Employee Stock Ownership Plans. Research assistant Frances Laskey also works at Said.
Doma and CATCH assist with this cause in different ways. Doma’s aim is to “empower women to care for themselves and their children” through programs that seek to interrupt the “orphan cycle” by providing services to both women and children in at-risk situations or environments, according to Domaconnection.org. The CATCH program is a prostitution diversion intervention based on the principle that women caught in sex trafficking, with the violence and substance abuse that go hand in hand with it, can be successfully reintegrated into mainstream society if provided with job and life skills that enable them to break their dependence on traffickers.
Location: The Crummer Graduate School of Business at Rollins College in Winter Park, Florida. (www.rollins.edu/business)
Three years ago, Rick Goings, CEO of Tupperware Brands Corporation, and Elinor Steele, the company’s vice president of global communications and women’s initiatives, visited Iraq, where they learned that Iraq’s entrepreneurial sector was nonexistent. While attending a forum at the University of Baghdad, Goings and Steele felt the students’ sense of hopelessness—with no development, the country offered them no careers and no future. Women in particular lacked entrepreneurial spirit...
The Association of Asia-Pacific Business Schools was formed in 2004
|Subject||Dean's Invitation Letter - AAPBS Academic Conference 2014|
Of the 694 business schools accredited by AACSB International, only 10 percent are located in Asia. If Asian business schools make up only 10 percent of AACSB's accredited schools, how can we presume to influence business school thinking?
As dean of the Asian Institute of Management in the Philippines and the outgoing director of the Association of Asia-Pacific Business Schools, I find this question especially important. My answer is that the business of business schools in Asia is incredibly complex, but growth here is steady and opportunities abound. That is why I believe Asia will ultimately impact the way business schools think...
Date: 25 March - 12 May 2014 (7 weeks)
Effort: 3-5 hours per week
We now have 2005 registered participants from 96+ countries. What a great treasure!— Leadership MOOC (@LeadershipMOOC) March 18, 2014
Register for our MOOC. http://t.co/apHD7jJUpB— Leadership MOOC (@LeadershipMOOC) February 5, 2014
Well, there you have it: GMAC report concludes that: "five decades of alumni, 83 percent say b-school is essential" http://t.co/ip9Z88ymZZ— Bob_Bruner (@Bob_Bruner) March 19, 2014
GMAC asked business school alumni from graduating classes in the past five decades (1959-2013) if their MBA or business master’s degree was essential to obtaining employment and 83 percent said YES.
The new GMAC® 2014 Alumni Perspectives Survey Report is the debut of survey results based on direct collaboration with 132 business schools in 29 countries. The data in this report tell the employment stories of nearly 21,000 business school alumni, and offer feedback about their career progression and the value of their graduate management education.
Schools looking to use data to bolster their outreach efforts have the opportunity to connect this compelling proof from alumni with their own efforts. Survey findings about the value and satisfaction alumni gain from their graduate business education can be used in positioning and promoting unique program features (such as centers of innovation and entrepreneurship, or access to alumni mentors). In addition, the information can be applied across marketing and outreach channels to boost recruitment, fundraising, alumni relations, media interactions and more.
No blocking research data, please http://t.co/WvuCuxM7vI— Susana Borras (@SusanaBorras) March 11, 2014
Final non paper The European Parliament and the European Council are currently debating a new legislation about data protection. In the aftermath of Snowden’s affair and in the dawn of the big data era, there is currently a tendency in the political debate towards maximizing personal protection. This is indeed an important matter, and a necessary debate. Individual persons’ data protection is crucial, and the legislation must protect individual citizens. However the debate needs to be rebalanced a bit, because an obsessive and excessive individual data protection might end up harming the individuals and societies in unexpected ways.
This is the case of research data that is linked to civil register data. This type of data is mostly used for medical research. The Scandinavian countries have traditionally had a very comprehensive civil register data about their citizens. This data is combined with quite extensive medical data on these citizens, which comes typically from biobanks (tissue, blood, cancer tumor, etc). The scientific benefits of this data are undeniable. Several examples can be seen in a recent Danish non-paper.
The massive amount of individual citizens used in this type of research data makes virtually impossible to ask for individual consent to each of these persons. The size of the data is precisely what makes this data scientifically relevant and valuable. For that reason, the Scandinavian countries current legal framework does not request individual consent, but secures personal data protection through other legal mechanisms. These mechanisms are: a strict regulatory framework about the conditions under which the data can be used, an authorization and monitoring system that controls effectively this use, and a high level of law enforcement in these countries with an effective judicial system.
Members of the European Council and of the European Parliament must acknowledge the risk of enforcing a “one-size-fits-all” requirement of individual consent throughout Europe and throughout all types of data. The risk is actually killing an indispensable source of large-scale data for medical research that has put Europe at the forefront of medical scientific successes worldwide.
There are many types of data. And there are many ways and purposes for using data. Do not block research data, please.
That’s the spirit with which we’re today opening up our lab in Nairobi, Kenya, to more than 200 guests for our colloquium, “Africa in the New Era of Computing.” IBM researchers and business partners will explain the strategy for executing Project Lucy, our 10-year $100 million effort to take on many of Africa’s grand challenges by harnessing IBM Watson and other sophisticated technologies.
To learn more about our approach to doing business in Africa, download Project Lucy: How IBM Research is Engagin in Africa.