In 2012 EFMD is again a strategic partner to the Global Peter Drucker Forum. The 4th Forum will take place in Vienna from November 15 to November 16 2012.

Leaders from Business, Academia and the non-profit Sector will discuss the future of Capitalism from the perspective of those who are the key actors in the system i.e. the managers. Speakers include Lynda Gratton, Roger L. Martin, John Quelch, Adrian Wooldridge, Tammy Erickson, Umair Haque, Patrick de Cambourg (President Mazars) and Vicki Escarra (President Feeding America).

Under the theme Capitalism 2.0 – New Horizons for Managers the key questions will be addressed such as

• Impact of Shareholder Value
• Signposts for the “next Capitalism”
• The Role of the Social Sector
• Management 2.0 shaping Capitalims 2.0
• Vision for the younger Generation

The specific information for speakers and preliminary program will be availalbe soon. 

EFMD members have access to a reduced registration fee – to access it please use the following registration link.

or copy in your browser: http://www.druckerforum-registration.org/login.php?action=register

Username: EFMD
Password: Drucker 

The first 5 EFMD members registering will also receive a personal invitation to the speakers cocktail on November 14, 18 30 PM.

The information about the Call for papers can be accessed via this link. The abstracts can still be provided until June 1, 2012.

To mark the EFMD’s 40th anniversary Emerald is delighted to offer three months complimentary online access to ‘Business schools in transition?’ Issues of impact, legitimacy, capabilities and re-invention guest edited by Howard Thomas and Eric Cornuel (Journal of Management Development, volume 31 no 4, 2012). To access this special issue visit www.emeraldinsight.com/jmd.htm and when prompted enter:   
 
Username: EFMD445 & Password: Member544
 
The access is available from 13 May until 13 August.

Editorial: Howard Thomas and Eric Cornuel

Environmental Influences

A. De. Meyer (President, Singapore Management University)
Reflections on the Globalisation of Management Education

Peter Lacy, Arnaud Haines and Rob Hayward (Accenture)
UN Global Compact and Accenture CEO study: An Era of Sustainability

Michael Thomas and Howard Thomas (SMU)
The Potential Impact of Social and Digital Media on Management Education

Challenges and Criticisms

David Wilson (Warwick University) and Howard Thomas (SMU)
The Legitimacy of the Business of Business Schools: What’s The Future

Kai Peters and Howard Thomas (Ashridge and SMU)
A Sustainable Model For Business Schools

Santiago Iniguez De Ordano and Salvador Carmona (IE Business School, Madrid)
A Red Queen Approach to the Fading Margins of Business Education

Alternative Models

James Fleck (Open University Business School)
Blended Learning and Learning Communities: Opportunities and Challenges

Richard K. Lyons (HAAS Business School, University of California, Berkeley)
Curriculum Reform: Getting More Macro, and More Micro

Peter Lorange (Lorange Institute of Business, Zurich)
The Network Based Business School Model: The Business School of the Future

Conjecture

Granit Almog-Bareket
Visionary Leadership in Business Schools: An Institutional Framework

I am happy to welcome you to the 1st issue of the Quality Services (QS) Newsletter which will be sent 3 times a year and aims to inform you of progress in our efforts to improve business schools quality through our integrated portfolio of services: EQUIS, EPAS and DAF.

With EQUIS we provide an increasingly valued incentive for schools to show that they excel in many areas, as well as a tool for assessment and improvement of quality that is consciously demanding. It is the QS service targeted at leading international business schools that are already doing a good overall job and even excel in some areas. They know that excellence needs to be improved in a rapidly changing and highly competitive environment and see EQUIS as a service to assist them by providing an external challenge and an agenda for change. In our continued endeavour to add value, we are currently fine tuning a “Customised Re-accreditation” process to be offered as an alternative, but equally demanding, approach for schools that have already received 5-year EQUIS accreditation three consecutive times. We informed the network about this during the QS Seminar that preceded the last EFMD Deans and Directors meeting and we expect that in 2013 the system will be applied to a number of qualifying pilot schools.
 
With EPAS we provide a very rigorous assessment of one of the core activities of any business school: its degree programmes. We have learned through EPAS that excellence in degree programme quality is less common than it may seem, even in leading schools. Since EQUIS accredited schools cannot, regrettably from my personal point of view, benefit from EPAS, it has become the de facto preferred accreditation option of those schools that because of strategic choice, environmental circumstances, or development paths, cannot currently satisfy all of the EQUIS requirements. However, they can successfully prove that they are able to excel in the fundamental role of education that a degree programme represents. In addition, EPAS facilitates the learning necessary for schools to successfully but gradually spread quality to all of their programmes and other activities, and in due course aim for EQUIS if it fits their strategy. EPAS is currently focusing on its expansion outside Europe with solid and secure steps.
 
Finally, DAF is the quality improvement tool for those that are not currently interested in or do not fit or qualify yet for EQUIS or EPAS. DAF provides assessment, recommendations for improvement and mentorship to any school in development, coming from both developing or developed countries, that shows credible and serious concern for its quality improvement. EFMD will help schools in developing countries to go through DAF by channeling funding from EFMD itself and from other organizations. Schools that can afford to pay for DAF will do so to make the service sustainable. In the coming months 5 schools will go through DAF in its pilot phase. Support and interest for DAF show that it will no doubt soon become one of our most valuable services.
 
This set of services, in line with EFMD's mission, is considered to be able to provide an integrated, distinctive and adapted path for business schools around the world that, while at different stages in their development, are all committed to quality improvement in business and management education.  We hope that you, like us, are able to see and appreciate the great value that EQUIS, EPAS and DAF provide collectively and individually each, in its own distinctive way. Thanks for your continued support of EFMD and the international network.

Prof. Dr. Julio Urgel, Director, EFMD Quality Services

Click here for an overview of the Quality Services seminars being organised over the next 6 months.

When we discuss management as a key issue for society these days the word has a mostly negative connotation – we tend to talk about management in terms of the damages that short-termism, off-shoring, greed and bad management (in particular in the financial services sector) are inflicting on society.  The round table last week at the 2012 European Business Summit (EBS) organised by the EFMD took a different approach.

The theme “Management Skills for Growth” pointed to a great opportunity.  Opening statements came from Adrian Wooldridge (Management Editor, The Economist), Alexander von Gabain (Chair of the European Institute for Innovation and Technology - EIT  and Santiago Iniguez (President of IE Business School and President of IE University).

The discussion focused on how to increase innovation as an aid to moving Europe back to growth. Alexander von Gabain made the point that most Europeans seem to believe that top-class research will per se lead to innovation. Rather, he emphasised the managerial and entrepreneurial capacity that is essential to transform research results into value.

There was a strong feeling in the meeting that European policy makers had a blind spot in this field. While it may be right to pump billions into R&D, they do not seem to realise that without a proper focus on building management and entrepreneurial capacity in our societies we will not get the best return from these huge investments.

Management capacity is the “missing link” in policy makers’ perception of how to achieve innovation and growth. According to Adrian Wooldridge, management sciences must be recognised as an essential field of research while Santiago Iniguez showed how business schools are in the process of reinventing themselves to become key players in the “knowledge triangle” (business, education and research).

A Call to Action resulting from this EFMD round table addresses key issues such as the inclusions of management education in scientific and engineering studies, supporting entrepreneurial mind-sets and values from school-level onwards, and providing community research funding for important fields such as design thinking, open innovation and organisational sociology. This paper is to be used as the essential basis for EFMD EU Affairs’ interactions with the EU policy makers as well as relevant consultation and networking activities in the coming future. Materials including the roundtable report and video highlights can be found on the EFMD website.

Dr. Richard Straub, Director EU Affairs & Corporate Services, EFMD

The first business school has been formally accepted into EFMD’s new Deans Across Frontiers (DAF) system and its Evaluation Review will take place in mid October 2012. A number of other schools will have their eligibility applications reviewed at the DAF Committee meeting in May.

The intention is to have five pilot schools within a 12-month period. The pilot schools are mainly located in Africa and the MENA region. Towards the end of 2012 and into 2013 we will be putting together peer review teams and seeking mentors for the pilot schools.

The DAF Evaluation Criteria document and the DAF Process Manual have now been approved by the DAF Committee. These documents will be used for the pilot schools and may be revised during 2012 in the light of experience and comments received. EFMD is providing start-up resources (staff and office support) for DAF plus some support for schools needing financial assistance. Funding will also be sought from other sources. In the longer term there may be a balance between revenues from paying schools and costs of non- or partially-paying schools. The system should eventually be self-funding.

For further information see www.efmd.org or please contact us via email on daf@efmd.org

Note to Editors
Deans Across Frontiers (DAF) is a further endeavour by EFMD to raise the standard of management education worldwide. It aims to assist business schools to develop further through mentoring an institution’s senior management team. As with EFMD’s main accreditation systems (EQUIS and EPAS), the school will undergo a Self-Assessment and Peer Review Process. Following the assessment by a Peer Review Team to identify development areas, a business school will benefit from mentoring by an experienced former Dean for three years and will progress towards defined development objectives.

The EFMD Quality Services Department is happy to announce its seminar activities for the second half of 2012. In order to inform Business Schools and other stakeholders about EQUIS, EPAS and DAF, the EFMD Quality Services department offers different types of information events:

• Information sessions are targeted at Business Schools with little knowledge of EFMD accreditations and quality services
• Introductory seminars are targeted at Business Schools that consider EFMD accreditation or mentoring as an option, but have not decided yet if or when to start the process
• Regular seminars are targeted at schools that are accredited, eligible or schools that have the intention of starting either the EQUIS, EPAS or DAF process

For more information on the differences between these events please consult the framework for quality services events.  

The following information sessions are confirmed for the second half of 2012:

• Information session on EQUIS, EPAS and DAF in Ho Chin Minh Ville, Vietnam on 13 November

Further information sessions are planned to take place in Yokohama, Japan (September-October), Tiflis, Georgia (early October) and Moscow, Russia (last week of November).

The following Introductory Seminars are confirmed for the second half of 2012:

• Joint EPAS/DAF Introductory seminar in Nairobi, Kenya on 10 October (full day), (before the EFMD Africa conference)
• Introductory DAF seminar in Beirut, Lebanon on 6 November (after the EFMD MENA conference)
• Introductory EPAS accreditation seminar in Beirut, Lebanon on 7 November (after the EFMD MENA conference)
• Introductory EQUIS accreditation seminar in Beirut, Lebanon on 8 November (after the EFMD MENA conference)
• Joint EPAS/DAF Introductory seminar in Beijing, China on 30 November (half day), (after the CEIBS EFMD conference)
• Introductory EQUIS accreditation seminar in Beijing, China on 1 December (after the CEIBS EFMD conference)

Furthermore, the QS department plans to hold to an EPAS accreditation seminar and an EQUIS accreditation seminar in Madrid in October (Date TBC).

Practical information about registration, prices and logistics will be published on the EFMD website in due course.

The latest issue of EFMD's magazine Global Focus is now available online in English & Chinese. Highlights include Deans Across Frontiers, Customised Executive Learning – A Business Model for the 21st Century, Unlikely Heroes, From Rankings to Ratings and What is the European Management School Model?

1 In Focus

4 Talking Shop
EFMD celebrates its 40th birthday
Tomorrow's MBA
Mathias Falkenstein joins EFMD
EQUIS accreditation for three new business schools

6 International Deans’ Programme

8 Deans Across Frontiers
As EFMD launches its Deans across Frontiers initiative, Professor Chris Greensted looks at its mission of promoting excellence in business and management education worldwide

12 Customised Executive Learning – A Business Model for the 21st Century
A new design for tailored executive education is emerging – Gert-Jan van Wijk and Jamie Anderson report on the Platform model

17 What is the European Management School Model?
Over the last ten to fifteen years the identity, importance and legitimacy of european management schools has been strongly established in the context of the ‘business of business schools’, writes Howard Thomas

22 Business Schools and Society – Opportunities and Accountability
Business schools can create new opportunities, says Alfons Sauquet, if they continue to take stock of their role in society

26 Risky Business? Do you know what your risk exposures are?
Institutional and regulatory perspectives from Ulrich Hommel, Roger King, and Anna Pastwa, who open the debate on risk management in the business school community

30 Unlikely Heroes
A 21st century publishing revolution? John Peters looks at the post-publication environment and its unlikely heroes

34 Defining the role of business schools
Baback Yazdani, Dean of Nottingham Business School, looks at how business schools across the globe might define their role

38 From Rankings to Ratings
Roberts Rubin, Eric C Dierdorff and Fredrick P morgeson look at the significant changes to mBa programme quality, due in part to media ranking

42 Busting Boundaries to Accelerate Business Transformation
A recent EFMD CLIP workshop shedded light on siemens’ transformation from troubled company to role model. Andrew Rutsch explains how Corporate Learning played a key role in this strategic renewal

46 Using “action strategy” to transform a business school
George Yip reports on his programme of action strategies to transform Rotterdam School of Management

50 Case by Case
Stephanie Hussels describes how Cranfield uses case study writing as a means of integrating research, teaching, and practice on the mBa course

54 Closing the gap
Lin squires and elmar husmann show the significant gap between the perception and reality of Open education

56 The Human Factor: the emerging user experience discipline
William m. Gribbons explains why, increasingly, leading organisations demand a balance of the user perspective with the traditional focus on technology, and how business schools can fulfil this need

60 GMAC
Dr Tony Kinder on selecting for success

If you would like to share, Tweet, blog, post or simply pass on any of the content in Global Focus you are most welcome - all we would kindly ask if that EFMD is referenced as the source. If you are interesting in contributing a feature to future issues please contact Matthew Wood - matthew.wood@efmd.org

EFMD would like to warmly congratulate:

• EBS Business School, EBS Universität für Wirtschaft und Recht, Germany
• Faculty of Management, Economics & Social Sciences, University of Cologne, Germany
• IESEG School of Management Lille-Paris France
• Yonsei University School of Business Korea
• School of Management, Zhejiang University China

who have just been awarded EQUIS accreditation. This takes the number of accredited schools to 138 across 38 countries.

Prof. Julio Urgel, the EFMD Director of Quality Service said, "We are delighted to welcome 5 more leading international schools into the EQUIS community. Accreditation from EFMD is one of the best and most complete ways to certify the actual quality of a business school as accreditation involves an extensive self-assessment by the school, the visit of an international review team who spend several days interviewing many different people in the School, and finally a very experienced jury evaluating the assessment and findings of the review team to determine whether the School should be granted accreditation. There are currently no substitutes for such an in-depth assessment of quality and the new schools who have been accredited should be commended for their commitment to excellence."

• "The faculty of the School of Management, Economics and Social Sciences is very proud that the School has been rewarded the prestigious EQUIS accreditation. This accreditation acknowledges the efforts of all members of the school to transform it successfully into a competitive, international business school. And it encourages us to continue striving for excellence in research and education."
  Prof. Dr. Werner Mellis, Dean, School of Management, Economics and Social Sciences, University of Cologne
  
  
• “We are proud and honored to be rewarded with the prestigious Equis accreditation. This is for us an extremely important recognition and a fantastic starting point for further development of new international programs and partnerships, recruitment of international students and faculty and improving the placement of our students on a worldwide level.”
  Dr. Jean-Philippe Ammeux, General Director, IESEG School of Management Lille-Paris
  
  
• "We are extremely proud to have achieved EQUIS accreditation. This prestigious achievement reflects the hard work and dedication of our faculty toward providing our students with a world-class education and honors us with inclusion among the world’s elite institutions. The accreditation process has been a journey, not a destination, because the insights gained in the peer review will continue to guide us as we build on this achievement. In celebrating our reaching this milestone in our history, however, I must also express our deep gratitude for the support and guidanceof the late Jim Herbolich of EFMD. His encouragement during his briefing visit with us and on other occasions played a crucial role in our achieving this accreditation."
  Prof. Dr. Sang Yong Park, Dean of Yonsei University School of Business
  
  
• "We are so very pleased to have been awarded EQUIS accreditation as this means that the school’s achievements in teaching and research quality, and professional relevance have been acknowledged. EQUIS will help our school become more internationally exposed and even more innovative and entrepreneurial. EFMD evaluates excellent business education all over the world and EQUIS has systematically helped business education programmes move from being good to great and helped guide them on a path to continuos improvement. We have benefited enormously from being a part of the EFMD international network as the global membership base has helped us learn a great deal from other members. Because of the work of EFMD and the value gained from going through the EQUIS process, we are much more confident now in our educational strategy of Global Perspective, Innovation Capability, Entrepreneurial Spirit, and Socially Responsibility, which makes the school unique.
  Prof. Dr. Xiaobo Wu, Executive Dean, Zhejiang University School of Management
  
  
• “We are very proud to have received the EQUIS seal. The EQUIS accreditation confirms our reputation of being one of the leading Business Schools in Germany and will in return increase the attractiveness for international students and faculty. The accreditation confirms the excellence of our teaching and research, the international orientation of our programs with its strong focus on personal development, the broad executive education program portfolio and the strong practical focus due to our broad corporate network.”
  Prof. Rolf Tilmes, Dean of EBS Business School

EQUIS is not primarily focused on the MBA or any other specific programme as its scope covers all of programmes offered by an institution from the first degree up to the Ph.D. Institutions that are accredited by EQUIS must demonstrate not only high general quality in all dimensions of their activities, but also a high degree of internationalisation. With companies recruiting worldwide, with students choosing to get their education outside their home countries, and with schools building alliances across borders and continents, there is a rapidly growing need for them to be able to identify those institutions in other countries that deliver high quality education in international management. EQUIS also believes that business schools should be as closely connected to the real world of business as schools of medicine are to working hospitals. There must be a balance between high academic quality and the professional relevance provided by close interaction with the corporate world. EQUIS attaches particular importance to the development of managerial and entrepreneurial skills and fosters a students sense of global responsibility.

More information on EQUIS is available at www.efmd.org/equis

The Council for Advancement and Support of Education is a professional association serving educational institutions and the advancement professionals who work on their behalf in alumni relations, communications, development, marketing and allied areas. CASE helps its members build stronger relationships with their alumni and donors, raise funds for campus projects, produce recruitment materials, market their institutions to prospective students, diversify the profession, and foster public support of education.

Join them for a Symposium for European Rectors/Presidents: Fundraising for Excellence
May 9 - 10, 2012
Royal Netherlands Academy of Arts and Sciences
Amsterdam, Netherlands

Designed specifically for academic and administrative heads of higher education institutions across Europe, the fifth "Fundraising for Excellence" symposium will help you maximise the potential of philanthropy for your institution.

A persistent morose economic context and the increased importance of rankings, combined with the need to strive a balance between mass education and research excellence, are forcing rectors and presidents across Europe to look for new, sustainable sources of income. What role can philanthropy play in your quest for new sources of funding? How does fundraising support your strategic goals? And how do you make sure you (re-)start on the right foot? Join us to compare notes with a small group of your peers.

Over 100 participants have attended past symposia: all of them said they would recommend this symposium to their peers. Make sure you too benefit from the experience of fundraising experts across Europe.

Who should attend?

Participants to previous symposia included rectors, presidents, deans from higher education institutions of all sizes from across Europe. The symposium is designed specifically for academic and administrative leaders of HEIs new to fundraising or looking to take the next step in their search for philanthropic revenue.

We welcome accompanying directors of external relations and directors of development but are unable to accept sole registration for them. Invitations are personal and non-transferable. If you wish to discuss your specific circumstances, please contact Laure-Anne Garnier (garnier@case.org or +44 (0)20 7448 9943).

The 11th Annual EABIS Colloquium will be hosted by founding partner IMD in Lausanne, Switzerland, on July 2-4, 2012. Building on the 2011 conference at INSEAD, our central theme this year will be Strategic Innovation for Sustainability.
 
IMD’s Center for Corporate Sustainability will play the lead role in shaping the conference, reflecting its multi-faculty, business-relevant research & learning programme that focuses on strategic innovation in sustainable sourcing, energy/climate change, and sustainable finance.
 
The conference will feature perspectives from global business and thought leaders, world-leading academics in their field and a range of interactive sessions to expand knowledge horizons in this vital field of practice and study. Notably, it will also integrate the formal 10th anniversary of EABIS and the launch of The Academy’s new vision and mission for our second decade.
 
The emphasis of the event will be on 1) whether, why and how sustainability can be a key driver for innovation, 2) identification of synergies between sustainability and innovation success, and of 3) product, process and systemic innovative solutions that leverage sustainability issues and turn them into opportunities for companies, thus contributing to competitive advantage and leadership.
 
The 2012 Annual Colloquium invites research, analysis, case studies and conceptual work from corporate, academic, policy and independent experts from around the world. Papers submitted must focus on topics related to the theme of the conference - Strategic innovation for sustainability - and be submitted by 20 April 2012. Download here the full call for contributions.
 
A Call for Papers for a Special Issue of Corporate Governance: The International Journal for Business in Society will be launched at the Colloquium; with a provisonal deadline for full papers on 16 January 2013.
 
For any questions regarding the Colloquium or the call for contributions, please email to colloquium@eabis.org.
 
More information and registration

EFMD is delighted to announce the winners of the 2011 EFMD Case Writing Competition. This year was a record for the number of entries received and the quality was exceptional high so we thank all of you who took part. We had 14 winning cases coming from Saïd Business School, INSEAD, IMD, IBS Hyderabad, ESMT, Maastricht University, CEIBS, Vlerick, Lawrence Technological University and IIM, Bangalore. Also in 2011 and for the for the very first time with the help of our good friends at ecch we selected a "Best of the Best" category.

The judges could not split the winner of the African Business Cases category mothers2mothers written by: Cynthia Schweer & Roger Strang representing Saïd Business School, University of Oxford and the winner of the Inclusive Business Models category WaterHealth International: Providing Safe Drinking Water to the Bottom of the Pyramid Consumers written by: Hadiya Faheem & Debapratim Purkayastha representing IBS Center For Management Research, IBS Hyderabad so the "Best of the Best Award" will be awarded to them jointly.

2011 ‘Best of the Best’ Winners

• African Business Cases: mothers2mothers - Cynthia Schweer & Roger Strang, Saïd Business School, University of Oxford
  
  
• Inclusive Business Models: WaterHealth International: Providing Safe Drinking Water to the Bottom of the Pyramid Consumers - Hadiya Faheem & Debapratim Purkayastha, IBS Center For Management Research, IBS Hyderabad

2011 Category Winners

• Corporate Social Responsibility: Walmart: Love, Earth - Craig Smith & Robert J. Crawford, INSEAD
  
  
• Entrepreneurship: SENZ Umbrellas Taking The World by Storm - Armand Smits & Wynand Bodewes, Maastricht University
  
  
• Family Business: Waltraud Ziervogel at Konnopke's Imbiss, Re-Inventing a Berlin Icon - Urs Mueller & Veit Etzold, ESMT European School of Management and Technology
  
  
• Finance and Banking: The 2008 Anheuser-Busch Inbev Deal: Successful M&A, Divestment and Financing Strategies in Harsh Times - Wouter De Maeseneire & Jonas Sandaert, Vlerick Leuven Gent Management School
  
  
• Emerging Chinese Global Competitors: A Dispute over a Pay Rise in Company F - Xin Fu & Jian Han, China Europe International Business School
  
  
• Supply Chain Management: UNILEVER TEA (A) & (B) - Ralf Seifert, Aileen Ionescu-Somers & Tania Braga, IMD
  
  
• Euro-Mediterranean Managerial Practices and Issues: Becoming A Trusted Advisor - Kathryn Bishop, Saïd Business School, University of Oxford
  
  
• Public Sector Innovations: AquaSure: Project Finance - Victorian Desalination Plant - Pierre Hillion & Jean Wee, INSEAD
  
  
• Responsible Leadership: Rene Obermann and the Transformation of Deutsche Telekom (A) and (B) - Jamie Anderson, Shlomo Ben–Hur & Jean-Louis Barsoux, Antwerp Management School, ESMT European School of Management and Technology & IMD
  
  
• MENA Business Cases: ELIE SAAB: Growth of a Global Luxury Brand - Nadia Shuayto, Lawrence Technological University
  
  
• Latin American Business Cases: Natura: Expanding Beyond Latin America - Amitava Chattopadhyay, Betania Tanure & Nina Paavola, INSEAD
  
  
• Indian Management Issues and Opportunities: The Park Hotels: Designing Experience - J Ramachandran & Seema Gupta, Indian Institute of Management, Bangalore

We would like to warmly congratulate all of the winners and once again thank all of our sponsors of their continued support of the Case Writing Competition. Abstracts for the cases are available on the EFMD website and all of the cases are available on the ecch website.

The Graduate Management Admission Council (GMAC), owner of the GMAT exam and the leading membership organization of graduate business and management schools worldwide, today announced that it is presenting more than US$7.1 million in grants to 12 organizations around the world as part of its Ideas to Innovation (i2i) Challenge.

The institutions will receive funding to implement programs focused on creating social responsibility and service learning opportunities in graduate management education, building new pathways for military veterans into business leadership, and encouraging global collaboration among educational institutions.

Schools and organizations developed their grant proposals in response to an earlier phase of the i2i Challenge, in which individuals were invited to answer the question, “What one idea would improve graduate management education?” That phase of the program attracted more than 650 ideas from more than 60 countries that were then reduced to 20 winning ideas. In total, 17 of those 20 winning i2i concepts, which were announced in January 2011, will be implemented by the organizations that were awarded today.

The i2i Challenge was created and managed by the GMAC’s Management Education for Tomorrow (MET) Fund, a US$10 million initiative to advance business education around the world.

Twenty-five proposals from seven countries were submitted in the second round of the challenge, which ran from January to December 2011. The grantees include business schools and organizations in the U.S., Canada, Spain, Italy, India and Botswana.

“The implementation of these programs has the power to reshape and revitalize management education worldwide,” said Dave Wilson, president and CEO of GMAC. “Graduate management schools play a critical role in training business leaders who make a global impact. We believe these grants will enhance that impact and trigger even more innovation in schools around the world.”

Net Impact, the University of Botswana, Università Cattolica del Sacro Cuore and the S.P. Jain Institute of Management and Research will develop programs focused on social responsibility and increased opportunity, including collaboration with non-profits, a mentorship program for underprivileged children in Mumbai, and expanding access to business education resources and entrepreneurship networks in Africa.

Five of the winning proposals—from Pepperdine University, ESADE Business School, the University of Texas at Tyler, the University of Waterloo and the University of California at San Diego—are dedicated to building online, international collaboration among business school students and faculty. These include programs to create virtual campuses, classrooms and training modules.

The winning proposals from Syracuse University, the University of South Florida at St. Petersburg and the SUNY Empire State College Foundation offer plans to develop specialized coursework for veterans, integrating armed services leadership experience into the development of business management skills. These three programs have the potential to offer important insights into the development of specialized management training programs for students with an array of career experience and qualifications.

Additional information about the winning entries and the organizations that submitted them is available gmac.com/metfund. Information about the first-round winners and the ideas they generated is here.

About GMAC and the GMAT exam
The Graduate Management Admission Council® (www.gmac.com) is a nonprofit education organization of leading graduate business schools and owner of the Graduate Management Admission Test® (GMAT®) exam, used by more than 5,400 graduate business and management programs worldwide. GMAC is based in Reston, Virginia, and has regional offices in London, New Delhi and Hong Kong. The GMAT exam—the only standardized test designed expressly for graduate business and management programs worldwide—is continuously available at nearly 600 test centers in over 110 countries. More information about the GMAT exam is available at mba.com.

The International Teachers Programme (ITP) is an intensive faculty-development programme dedicated to business instructors, and it benefits from the participation of top-notch teachers and professionals coming from all around the world. HEC Paris are hosting the ITP in 2012 and 2013. Applications are now being accepted for the 2013 module.

The Programme is coordinated by the International Schools of Business Management (ISBM), a group of ten leading Business Schools located in Europe and the United States and has the full support of EFMD:

•     CEIBS - China Europe International Business School, CN
•     HEC School of Management, FR
•     IAE School of Management, FR
•     IMD, CH
•     INSEAD Business School, FR
•     Kellogg School of Management, US
•     London Business School, UK
•     Manchester Business School, UK
•     New York University, Stern School of Business, US
•     SDA Bocconi School of Management, IT
•     Stockholm School of Economics, SE

These Business Schools have been very committed to the Programme since it started more than 30 years ago. ITP has served over 1,000 high calibre faculty coming from all over the world, and many of them now are top-level business educators.

The key objectives of the ITP is the development of the teacher’s creative capabilities, so to enable him/her to manage a complex set of variables:

•     teaching tools and techniques;
•     contents and knowledge related to their specific field of teaching and research;
•     self-esteem and management of interpersonal relationships;
•     audiences and contexts of teaching.

The International Teachers Programme is designed to provide you with the most advanced teaching tools and with accurate knowledge and comprehension of the teaching skills that are typical of high performance business educators. Full enrolment details and programme information can be found here.

NAFSA: Association of International Educators is pleased to invite you to participate in an exciting exploration of internationalizing business education curriculums offered at the 2012 NAFSA Annual Conference.  

The Colloquium on Internationalizing Business Education on Thursday, May 31, 2012 will focus on how we develop students with a global mindset and the cross-cultural knowledge needed for successful careers.  Its goal is to provide a venue for deans, associate deans, faculty members, and other international educators to meet and discuss new strategies for internationalizing business education.  To learn more about the program, visit www.nafsa.org/ac12businessed.

The NAFSA Annual Conference & Expo is the largest conference in the world dedicated to international education. The conference will take place in Houston, Texas from May 29-June 1, 2012. More than 8,000 attendees and more than 400 exhibitors will explore issues of relevance to international educators throughout the week in more than 200 sessions, 50 preconference workshops, plenary addresses, and so much more. To learn more about the conference and to register, visit www.nafsa.org/houston.

We welcome your participation in the conference week May 27-June 1.  If you are able to attend only the colloquium, the price is $454 for members and $699 for nonmembers.  This fee includes lunch Thursday, colloquium materials, access to general sessions, the plenary with PBS personality Rick Steves, and the International Education Expo that day. Register at www.nafsa.org/ac12registration by selecting the Thursday daily rate and the colloquium. If you have any questions regarding the colloquium or the NAFSA Annual Conference, please contact me at colloquiums@nafsa.org.

We hope to see you in Houston.

Many members will now be aware that Jim Herbolich passed away in early April. Jim had been seriously ill for some time and died peacefully in his sleep on 8 April 2012.

It is hard to put into words just how much he will be missed both as a colleague and friend.  Jim was a pillar of EFMD, kind to everybody, attentive, and wonderful to work with. His  contribution to the development of EFMD over the past decade has been immense and the organisation feels a little bit like an orphan now.

Jim was involved in the world of education ‒ his life-long passion ‒ for nearly 40 years. He was a scholar of management, both as a teacher and as a researcher and was a faculty member of the Human Resources Management Department of ESADE business school in Barcelona, Spain. He was also a formidable practising manager and administrator himself, with particular skills in man-management and motivation.

Jim was American-born though he spent most his life outside that country and was Director of Network Services at EFMD for 11 years where he held overall charge of Membership, Business School Services, Corporate Services, and Research and Surveys. As such, his old-world charm, politeness and universal friendliness pervaded the whole EFMD organisation, laying the foundations for the relaxed professionalism that it exhibits today. To EFMD staff and to the many members who knew him well, Jim meant friendship, kindness, openness, guidance and advice  ‒ and great company.

For me he was a kindred spirit, a loyal and dear friend who had a profound influence on my life and I will miss him greatly. In fact everyone who had the pleasure of knowing him will miss him greatly but his legacy will live on through the work of EFMD in the future.  I also know that Jim would not want us to be sad, rather he would want us to celebrate his wonderful life and many achievements. At the moment this is very hard on all of us but with time I am sure we will be able to look back with a smile on our faces at a truly remarkable man.

Goodbye my friend – I will never forget you.

Eric Cornuel

The Globally Responsible Leadership Initiative (GRLI) in collaboration with IESEG School of Management has the pleasure to announce the 3rd Scholarship Programme for the IESEG Postgraduate International Summer Academy 2012 that will be held in Paris from the 1-15 July 2012. The GRLI Young Ambassadors Scholarship provides an opportunity for students with limited background, education and training experiences in the management arena to develop new learning frameworks.

The IESEG Postgraduate International Summer Academy is a comprehensive programme of summer management institutes, study abroad, company participation and student services that include mentoring and career development in responsible leadership. The Summer Academy provides students with the education and training necessary for a career in international management. It enhances their prospects of entry, advancement and leadership roles in international business. IESEG is one of the top 10 business school in France and the school is internationally recognized for its high level of teaching and research in the field of responsible leadership.

The Globally Responsible Leadership Initiative (GRLI) is a worldwide partnership of companies and business schools/learning organisations working together in a laboratory of change to develop a next generation of globally responsible leaders. The GRLI engages in thought leadership, advocacy and projects to achieve measurable impact. Founded in 2004 by EFMD and the UN Global Compact, today it comprises 73 partner (member) organisations who join based on their commitment to transform leadership development. It is a partnership organisation, a foundation, an advanced laboratory and a movement.

The scholarship covers up to 100% of the tuition fee, based on academic merit of the chosen candidate. The successful candidate will be required to cover his or her own travel expenses as well as any other expenses for living and accommodation while participating in the programme. Eligibility: All applicants must be currently enrolled in a degree‐granting program at the graduate level. Students in business, management, and economic studies as well as other disciplines are strongly encouraged to apply.

For more information about IESEG International Summer Academy, please contact summer@ieseg.fr or visit http://www.ieseg.fr/postgraduate-summer-academy/

Practical details

Supporting documents to be submitted with this application form:

1. An Essay:
   a) Essay 1 (Personal Statement) ‐ Maximum 500‐word statement that tells us about yourself and why you should be selected for the GRLI Scholarship.
   b) Essay 2 (Issue Analysis) ‐ Maximum 1000‐word essay using GRLI’s “Call for Engagement “and “Call for Action” to explain why a current international issue is important to you and what you would do to address it if in a position to do so.
2. Curriculum Vitae including details of any relevant work, voluntary or other experiences, and/or other information about the candidate’s background which may be relevant (maximum 2 pages, no clippings, no pictures).
3. Two letters of recommendation from professors in the applicant’s field of study.
4. Transcripts of the last two semesters (minimum GPA 3.0). Please submit the full application including all supporting documents (as listed above) by email to Eline Loux (eline.loux@grli.org) BEFORE 15 May 2012. Any applications or information provided after the deadline will not be considered.

The selection committee, consisting of representatives from IESEG School of Management and the GRLI, will meet shortly after the deadline and will inform applicants whether they have been successful no later than May 20 2012. In the event that candidates receive any other scholarships for the programme, they must inform IESEG. For more information visit the GRLI website or contact Eline Loux (eline.loux@grli.org)

EFMD’s 2012 Annual Conference, taking place in Sophia Antipolis (French Riviera) from 13 – 15 May 2012 is now fast approaching. The event will be kindly hosted by SKEMA Business School and chaired by Santiago Iñiguez, Dean, IE Business School, ES. We are proud to announce a number of outstanding speakers for this event around our theme “Beyond Maturity: Innovating in Management Education”.

Highlights include:

• Plenary I: Jeremy Rifkin, Founder and President, Foundation On Economic Trends & Bestselling Author, US
• Plenary II: Michael King, Vice President, Global Education Industry, IBM Corporation, US

The Stakeholders’ View: Media and Opinion Makers. Leading writers on management education discuss the latest trends and their impact:

• Della Bradshaw, Business Education Editor, Financial Times, UK
• Oliver Staley, Reporter, Bloomberg News, UK
• John A. Byrne, Poets & Quants, US

Moderated by Stuart Crainer, Management writer and co-author of the Top 50 Thinkers initiative

Closing Plenary

• Philippe Aghion, Robert C. Waggoner Professor of Economics, Harvard University, US
• Dominique Turpin, President, IMD, CH
• Des Dearlove, Journalist and Co-founder of the Top 50 Thinkers Initiative

Moderated by: Santiago Iñiguez, Dean, IE Business School, ES

…and many more. Please click here for more information on this event as well as for the full conference programme. We hope you will join us in Sophia Antipolis!

The 3rd Global Forum for Responsible Management Education on 14-15 June 2012 will be the official platform for management-related Higher Education Institutions (HEIs) at both the Global Compact Rio+20 Corporate Sustainability Forum and the UN Conference on Sustainable Development - Rio+20. The events of both the Global Forum and Corporate Sustainability Forum will inform the proceedings and outcomes of this historic global summit.

Marking the 20th anniversary of the 1992 first Earth Summit in Rio de Janeiro, Government leaders will convene the Rio+20 Earth Summit on 20-22 June to build consensus on a more sustainable course for our world, in the environmental, social and economic spheres. The private sector has a critical role to play in this endeavour, and is increasingly putting sustainability - defined as a company's delivery of long-term value in economic, social and environmental terms - on its agenda. Through the UN Global Compact alone, over 6,000 companies have committed to conduct business in line with human rights, labour, environment, and anti-corruption principles.

Progressive and promising work is underway. Already, innovative business solutions are having an impact on issues such as energy access, water security and carbon emissions. But to have a truly transformative effect, a quantum leap is needed. With the right incentives and enabling environments, the private sector can make significant and lasting contributions to the sustainable development agenda - in Rio and beyond. Business schools, management-related academic institutions, and universities have a unique role to train current and future generations to lead this process. However, as a global sector, management education must make considerable change to be at the forefront of innovation and progress for sustainable development.

Global Forum for Responsible Management Education
Organised by the Principles for Responsible Management Education (PRME) Secretariat of the UN Global Compact Office, with the active support of PRME participant institutions, the PRME Steering Committee and strategic partners, the 3rd Global Forum seeks to address:

What is the role of management education in society for the future we want? And, how can the Principles for Responsible Management Education facilitate individual and systemic change within higher education as the community mobilises action toward achieving the Rio+20 vision on sustainable development?

Held over two days at the Windsor Barra Hotel, the three sessions of the Global Forum will highlight positive case studies and stories and aspire to answer the following respective sub-questions:

1. How does sustainable development affect the management education sector?
2. What are the external incentives (e.g. accreditation, rankings, etc.), and how can they further support the values of sustainable development and responsible management education?
3. What are the challenges and opportunities facing individual schools to (further) implement responsible management education and how can PRME help in this process?

The Global Forum will feature contributions from leading PRME Signatories, such as: INSEAD, FGV Brazil, IAE Business School, Copenhagen Business School, IEDC Bled School of Management,   Pepperdine University Graziadio School of Business, The American University in Cairo School of Business, University of Cape Town Graduate School of Business, University of Notre Dame Mendoza College of Business, Tsinghua University School of Economics and Management.

Global leaders from government, business and civil society will help to identify global trends in sustainable development and corporate sustainability and highlight the role of educators. Additionally, senior figures from AACSB International, EFMD, AMBA and others will outline the way forward on integrating sustainability into management education. The Global Forum will also feature key deliverables, including the Inspirational Guide for the Implementation of PRME.

Interactive meeting methodology
Building on the positive experience from previous PRME meetings, especially the 2011 PRME Summit in Brussels, the meeting seeks to maximise interaction between participants and to agree on concrete action items/next steps. Participants will be seated at tables of approximately 10 people. Sessions will begin with a moderated panel discussion conducted in “Question & Answer” style, to be followed by round-table discussions, to be facilitated by a Discussion Leader. The session will close with presentations of outcomes of table discussions.

Who should attend?
The Global Forum is designed for: Leaders of PRME signatories and of business schools, departments of management or universities considering becoming PRME signatories; Faculty members responsible for the implementation of the Principles; Business representatives responsible for the selection of new talent and of business schools for executive education.

Join us for EFMD's Sharing Best Practice CLIP workshop hosted by EDF Corporate University for Management on (20-)21 March 2012 in Paris (Chatou). David Jestaz, Director, EDF Corporate University will share his experience with you and other speakers will include Edith Lemieux, Head of Air Liquide University, and Anna Simioni CEO of UniManagement Unicredit Group.

Traditionally in a large number of companies corporate L&D organisations were tasked with the challenge of integrating employees into a single corporate culture. However more and more L&D organisations are challenged to be relevant in the short term and deliver immediate impact. In doing so, the line between traditional learning provision and consulting service is blurring. Beyond the ability to design customized programmes for the business units, there is a growing need for broader upstream services that guarantee alignment of strategic objectives, organizational development and L&D solutions. The central learning entity is called upon to intervene at the problem definition and needs analysis level in support of the business units, even if a subsequent learning & development intervention is not required or even envisaged in a number of cases.

This evolution has created the challenge for central L&D entities to create their own consulting services inside their larger portfolio of activities. At the same time, external vendors, who are reacting to the same trend, are offering both consulting and L&D solutions. In short, corporate universities as well as training firms and Business Schools are beginning to offer consulting services, while consulting firms are starting to build learning capabilities.

This trend deserves more thorough and comprehensive exchange to address a number of issues:

1. Do we fully understand why this phenomenon has emerged and to what extent this broader consulting role is different from the traditional provision of customized programmes?
2. Facing this growing demand, how should the L&D organisation within a company design such an offer (business model, pricing, value chain etc…)?
3. What is the mandate of this L&D consulting practice? How does it fit into the wider landscape of L&D and other internal consulting services?
4. What are the competencies required to staff such a service? Does it create a natural need to partner with other internal structures or with outside vendors in order to fully integrate a structured service offer?
5. What is the legitimacy of this consulting service over time

This workshop is free of charge for EFMD members and by invitation only is dedicated to corporate learning and corporate HR practitioners from companies. For more information, please contact Shanshan GE  Shanshan.ge@efmd.org

The EFMD Management Development 2.0 (MD 2.0) Special Interest Group (SIG) is taking shape with the following companies confirmed as participants: Deutsche Telekom, ERGO Insurance group, Allianz, Capgemini, Credit Suisse, Eli Lilly, Metro, Rabobank, and Swiss Life. If you are interested in engaging with peers on this topic, then please do not hesitate to let us know as there is still time to join!   

In the past two decades expectations of management development have grown significantly. Companies invest billions in development activities and the installation of new units – Corporate Universities, Talent Management, Top Executive Programs etc. – in order to develop their leadership and management potentials. However, the question of impact gives us cause for serious concern. Both the majority of MD customers and MD experts currently do not believe in the effectiveness of development measures. Only a third of leaders and HR professionals rate MD efforts as sufficiently effective.

The EFMD SIG initiative will be action-oriented and output driven, providing an MD-solution–portfolio which gives participants a clear orientation on how they could improve established leadership / management development activities. Considering that there are several determinants for MD performance (e.g. architecture, processes, methods, vendors, evaluation), the SIG will consistently search for the most effective and applicable solutions for each area.

Prof. Dr. Mario Vaupel, former founder and Head of ERGO Management Academy at ERGO Insurance Group with 20 years experiences in management development, will facilitate the SIG for EFMD.  Prof. Dr. Karlheinz Schwuchow, former Dean of the LIMAK Austrian Business School and Professor for International Human Resource Management at Johannes Kepler University Linz, has accepted to join our group. Karlheinz has extensive experience in teaching and research in the area of international human resources management and leadership development. He will contribute greatly in bringing his experience and research inputs and also reenforce the knowledge capture of our group work.  Deutsch Telecom and ERGO Insurance group have committed to take the lead role in this group for experience and best practices sharing.

Details of the how the SIG works, as well as the duration and pricing information is available online. The kick off will take place soon via a Webex session in April. I invite you to take advantage of this tremendous opportunity to leverage best practice, utilise leading experts and collaborate with peers to deliver real value for your organisation.  

Please contact shanshan.ge@efmd.org for more information and registration.