The New EFMD Global Focus Magazine is now Available

GF-2 2014

This latest issue focuses on The Great Transformation. The future is open says Richard Straub and managers will surely be of pivotal importance for shaping it.  The world of business schools also receives the customary in-depth analysis in this issue.

In focus & Contents

BSIS, Business School Impact Survey
The key tool for measuring your business school’s impact on the world around it

Winners EFMD Case Writing Competition
EFMD is delighted to announce the winners of the 2013 Case Writing Competition

EFMD & Business: Making real progress in sustainable development

Undergraduate Management Education
Preparing our students for the journey

The great transformation
Richard Straub on why, with gigantic changes in society, managers will be of pivotal importance for shaping the future

WU’s new campus – building the future
A spectacular new campus reflects the venerable Viennese
university’s commitment to the future says Eva Male

Innovation in action: shaping management education for the world
John North and Anders Aspling detail the work of the first GRLI Management Education Innovation Cohort

Quality in context
Management Education for the Developing World

Uncertainty and the ‘entrepreneurial mindset’
How do you teach students to become entrepreneurs? Rickie Moore, who does just that, shares some ideas

EFMD & Graduway partnering to raise standards in alumni relations

Rethinking enterprise
Philippe de Woot, in an article based on his latest book,
argues that economic actions based on ethical and political dimensions are increasingly essential

Developing an international brand
Most business schools will say they are international. Are they really? Andrew Crisp and Joanne Hession provide a checklist for both schools and potential students

Quality Street: the sweet side of accreditation
Gaining accreditation (and maintaining it) is a tough business. But Julie Perrin Halot and Rachael Weiss argue that it provides its own long-term rewards

Where and how for exec ed?
Jan Ginneberge analyses the results of an EFMD survey into the current and likely future state of executive education

Smart Diploma (TM) partnership with EFMD: Grant, ensure, monitor and protect your credentials.

Error management: not just a wing and a prayer
Jan Hagen suggests that the aviation industry’s open approach to identifying and resolving errors could be applied to many other sectors

Warm memories of the Winter School
The EFMD (ESMU)/HUMANE Winter School is designed to develop the leadership potential of senior administrators in business schools and universities. Nadine Burquel looks back at its first 12 years

How many business schools does it take to change the world?
Danielle Steele and Liane Weitert describe how six business schools from around the world have joined forces to make the idea of applied interaction a reality

Innovation for growth
Stefan Schepers explains how the High Level Group on Innovation Policy Management is designing a new approach for European innovation

Upcoming EFMD events

International Deans Programme 2014/15

Reflect™ by GMAC
A new soft-skills solution for business schools and students.

The EFMD Global Focus magazine is also available via iPad and Android.  If you prefer, you can read Global Focus in Chinese and additionally access the online library of past issues. If you have any comments or questions on Global Focus or would like to propose story ideas please send them to Matthew Wood.

 

6th Global Peter Drucker Forum: "The Great Transformation - Managing our Way to Prosperity”

drucker 2014

As a premier partner and founding supporter of the Global Peter Drucker Forum, EFMD supports the endeavour to advance management thinking on the foundation of Peter Drucker’s ideas and ideals.

The 6th Global Peter Drucker Forum: "The Great Transformation -  Managing our Way to Prosperity” will take place in Vienna, Austria, this November 13-14 and we invite you to join world-class management thinkers and practitioners.

Chaired this year by Harvard Business Review Editor in Chief Adi Ignatius, the Forum brings together top executives and noted scholars to discuss the most pressing issues of the day. The dialogue is informed and animated by the writing and spirit of the late Peter F. Drucker, who is widely considered "the father of modern management."  

Confirmed speakers include:

  • Clayton Christensen, Professor of Business Administration, Harvard Business School
  • Rick Goings, CEO, Tupperware Brands
  • Gary Hamel, Management Expert, Consultant, MIX Co-Founder and Professor at London Business School
  • Herminia Ibarra, Professor of Leadership and Learning and Professor of Organisational Behavior, INSEAD
  • Adi Ignatius, Editor in Chief, Harvard Business Review
  • Julia Kirby, Editor at Large, Harvard Business Review
  • Rita Gunther McGrath, Professor, Columbia Business School
  • Roger L. Martin, Academic Director, Martin Prosperity Institute, Rotman School of Management
  • Nilofer Merchant, Writer
  • Marc Merrill, President and Co-Founder of Riot Games
  • Vineet Nayar, Vice Chairman of HCL Technologies, Founder, Sampark Foundation
  • Martin Wolf, Chief Economics Commentator, The Financial Times

A background article on the forum theme "The Great Transformation -  Managing our Way to Prosperity” has just been published in the latest issue of EFMD's Global Focus Magazine.

More information about the speakers and program outline is available via www.druckerforum.org

EFMD members have access to a reduced registration fee of 25% during the early bird period ending on July 15 from a combination of early bird discount and EFMD members reduction. To benefit from the EFMD reduced registration fee, click here to register and enter your Group code: « EFMD » or copy in your browser www.druckerforum.org/registration

We hope you will be able to join EFMD and the Drucker Society in Vienna for this high stimulating and excititng conference. If you have any questions regarding registration, do not hesitate to contact the Drucker Forum Secretariat events@druckersociety.eu
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EFMD Awards EQUIS Accreditation to AUC, KEDGE and Frankfurt

EQUIS-accreditation2014

EFMD would like to warmly congratulate AUC, KEDGE and Frankfurt who have just been awarded EQUIS accreditation.

who have just been awarded EQUIS accreditation.This takes the number of accredited schools to 147 across 40 countries.

  • “Internationally mobile students as well as companies who work with business schools to develop their most promising talent all have an interest in whether a business school is accredited, and if so, by whom,” explained Professor Dr. Udo Steffens, President of Frankfurt School. “This is where EQUIS plays an absolutely vital role, by helping us to attract top talent from all over the world to study at our business school. This both strengthens us and raises Frankfurt’s profile as a leading business centre.”

  • "The creation of KEDGE BS was challenging for all staff and the support and understanding of the EFMD was essential to our progress. As the EQUIS criteria underpins our vision of an international school, it is particularly motivating to have achieved accreditation following our merger. The input from EQUIS was a caring balance of praise and focused criticism that will guide and motivate us for the future. We want to offer the best in personal and professional development and EQUIS helps us to do so," said Dr. Philip McLaughlin, Acting Dean and Director, KEDGE Business School.
  • “AUC School of Business has been working relentlessly and passionately over the last five years with its different stakeholders to create a culture of change and continuous improvement and to transform assessment and accreditation from being a destination to being the ongoing driver for bettering our program and service offerings to cater to the needs of the society.  It is invaluably inspiring to see the school, over such a short time despite the developments taking place in Egypt, become EQUIS accredited consequently triple-crowned and making it in a better position to serve its community,” said Dr. Sherif Kamel, Dean, School of Business, The American University in Cairo
  • “EQUIS accreditation is the ultimate acknowledgement of Frankfurt School’s successful development over the last few years – I am absolutely delighted by this achievement!” confirmed Professor Dr. h.c. Klaus-Peter Müller, Chairman of the Board of Trustees of the Frankfurt School of Finance & Management Foundation and Chairman of the Supervisory Board of Commerzbank AG. “EQUIS accreditation helps to underline the fact that our key strategic projects, such as the development of our research capabilities and international expansion, are all heading in the right direction.”

Prof. Michael Osbaldeston, the EFMD Director of Quality Services added, "We are delighted to warmly welcome the three new schools into the EQUIS community. Accreditation from EFMD is one of the best and most complete ways to certify the quality of a business school as acreditation involves an extensive self-assessment by the School, a 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 both schools should be commended for their commitment to excellence."

The benefits of accreditation include:

  • Information for the global education market on the basis of substance
  • International recognition of excellence: international development
  • Mechanism for international benchmarking with the best
  • Sharing of good practice and mutual learning
  • Agenda for quality improvement and future development
  • Acceleration of quality improvement in international management education
  • Legitimacy to internal and external stakeholders that you have a strong international reputation (donors, alumni, government) and that your school meets the high standards of the best business schools in the world
  • Become part of a network of top schools to develop relationships with fellow EFMD accredited schools for research, exchanging best practices on programmes, etc.
  • International Legitimacy vis-a-vis - recruiting international students; creating double degree partnerships; forming international exchange relationships; recruiting executive development custom programme clients; recruiting new faculty

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

Announcing the 2014 EFMD Excellence in Practice Gold Award Winners

EIP Gold Award 2014

EFMD is delighted to announce the 2014 Excellence in Practice Gold Award Winners.


"The applications to this year's EIP Awards were again of a very high level and exemplified the growing demand to show the impact of Learning & Development initiatives. Every single finalist represents an excellent investment case, based on solid partnerships." said Dr. Richard Straub, Director of Corporate Services at EFMD.

EFMD wants to provide visibility and support to all professionals in the L&D sector. The Gold cases will be showcased during the next EFMD Executive Development Conference which will be hosted by St. Gallen University on 1-3 October. 

The 2014 Gold Award Winners include:

Category: Talent Development
FrieslandCampina & Ashridge Business School
“Developing Talent for 2020”

Category: Executive Development
Promsvyazbank (PSB) & Chicago Booth School of Business
“PSB & Chicago Booth NewEXperienceTime”

Category: Organisational Development
Stora Enso & IMD
“Stora Enso & IMD – A Pathbreaking Partnership”

Category: Professional Development
University Medical Center Groningen & Amsterdam Business School
“An Industry Approach Transforms Healthcare: A 7 Year Journey”

We would like to thank all of the applicants as well as the jury members for their successful cooperation and hope to receive more exciting cases next year. The continuously growing quality of applications has led to the decision to give visibility to more cases as of this year. As well as the Gold Award winners there were Silver Award winners and also Finalists selected from all of the entries.

More information on the full result can be found via 2014 EFMD Excellence in Practice Award Winners.

Quotes from the Winners

  • “The Amsterdam Business School and University Medical Center Groningen are very proud that they have won the prestigious EFMD best case award in the category professional development. It is a recognition of the dedication and focus of everyone involved in this project and we hope it will provide best practice and inspiration for other organizations to effectively implement operational excellence.”
    Prof.dr. Ronald J.M.M. Does, Amsterdam Business School, University of Amsterdam

  • "To receive this award is immensely encouraging for FrieslandCampina. Since we stated our ambition to be the most successful, professional and attractive dairy company we have worked really hard to unleash talent in the company and make talent management an integral part of our business strategy. The programme we have created with Ashridge is really helping our key talents to be our leaders for the future. The leadership mindset created in the programme is working well, and we are currently bringing it alive in the whole company. We still have many great challenges ahead to realise our ambition, so we are grateful for the extra energy this award gives us."
    Willem der Lee, Corporate Director of Talent, FrieslandCampina

  • "We are immensely proud to be working with FrieslandCampina on such a powerful programme of personal and organisational development, and for the quality of this work to have been recognised. This is a testament to our strong and trusting partnership. It also shows that - with clarity, focus and imagination - an incredible amount of change can be achieved over a very short timeframe. We are absolutely thrilled with this achievement and that the FrieslandCampina programme has won a highly coveted EFMD Excellence in Practice award.”
    Lindsey Masson, Executive Director, Corporate Business, Ashridge Business School

  • “Speaking for all the Booth faculty that participated in the NEXT PSB program, we are delighted to win the EFMD gold medal award. The success of the program, and the resulting award is confirmation of the formula for success in customized leadership programs: high quality faculty, a dedicated executive education staff, and a customer who is highly engaged and committed to creating the context necessary for successful leadership development in their organization."
    Marc Knez, Faculty Director, Chicago Booth School of Business

  • "We are happy and proud that EFMD has recognized our NEXT program with such a high award among other well-known international companies. Recognition of our project as one of the best is confirmation that together with our partner Chicago Booth School of Business we have managed to find creative, and most importantly, effective solutions to our challenges. The program became a powerful tool for further business development and strategic goals achievement, and this award inspires our Corporate University to continue forming a new leadership culture and contribute to the development of the next generation of PSB leaders."
    Oxana Martynova, Head of Corporate University, Promsvyazbank

  • “It was our distinct privilege to work with the inquisitive and passionate PSB leaders. Without doubt they made the learning journey at Chicago Booth an insightful, refreshing and impactful experience. Their willingness to think critically and collaboratively about their shared leadership challenges and to engage with our faculty in a robust dialogue is the foundation of a very open and fruitful collaboration with PSB. We are grateful and proud to have been granted this special award. We trust that this recognition will help maintain the desire and ambition to learn and explore new ways to bring success to PSB.”
    Eugenia Patriniche, Programme Director, Chicago Booth School of Business

  • “It’s a great honor and confirmation of our work with Stora Enso to have received this award. The Pathbuilder journey shows the immense strategic impact that educational programs can have both on the individual but also the organization level.”
    Albrecht Enders, Professor of Strategy and Innovation, IMD

If you have any questions or would like further information on the EIP awards you can find out more via this EIP Overview Brief or please contact Florence Gregoire.

New Research: Becoming an Expert Takes More Than Practice

Psycho cover"Deliberate practice may not have nearly as much influence in building expertise as we thought", according to new research published in Psychological Science. Scientists have been studying and debating whether experts are “born” or “made” in recent years. This new study suggests that the amount of practice accumulated over time does not seem to play a huge role in accounting for individual differences in skill or performance. Deliberate practice means in this context "practicing in a way that pushes your skills set as much as possible".

The researchers performed a “meta-analysis” of 88 studies examining practice and performance in domains as diverse as music, games, sports, professions, and education. Nearly all of the studies showed a positive relationship between practice and performance: The more people reported having practice, the higher their level of performance in their specific domain.

Overall, practice accounted for only about 12% of individual differences observed in performance across the various domains. However, the domain itself seemed to make a difference. Practice accounted for  about  26% of individual differences in performance for games,  about 21% of individual differences in music, and  about 18% of individual differences in sports.
But it only accounted for about 4% of individual differences in education and less than 1% of individual differences in performance in professions.

Furthermore, the findings showed that the effect of practice on performance was weaker when practice and performance were measured in more precise ways, such as using practice time logs and standardized measures of performance. “There is no doubt that deliberate practice is important, from both a statistical and a theoretical perspective. It is just less important than has been argued,” says author Macnamara. The researchers speculate that the age at which a person becomes involved in an activity may matter, and that certain cognitive abilities such as working memory may also play an influential role. If you are interested in more details, please go here.

Corporate Learning Goes digital – A Promising Avenue for Companies

RBerger logoThis new study conducted by Roland Berger Strategy Consultants "Corporate Leaning goes digital – How companies can benefit from online education" analyzes the enormous potential of e-learning.The corporate e-learning market will grow by about 13% per annum in the period up to 2017, because companies are seeking new ways to further their employees' know-how that are flexible and tailored to the individual person's needs.  The 20-page research report concludes that  new forms of learning will prevail.

The opportunities offered by online education influence all stages of the corporate learning value chain.The changes will be so far-reaching that they will affect the learning culture within the company as a whole. Online learning technologies favor intrinsically motivated, independently organized learning and help employees to take charge of their own training and development rather than expect ing the company to provide it all. Technologies allow for agile and adaptable organizations that encourage learning.

CorpLearningDigital coverThe future is not in free, mass offerings, but in customization and tailoring of education for lifelong learning. The report elaborates on the challenge for corporate learning: corporate management wanting to see measurable contributions to success. The answer, according to the Roland Berger experts is in new diversity on the online education market.  Providing insights into MOOCs, the report introduces POOCs (personalised open online courses) and SPOCs (small, private online courses).

A separate chapter is dedicated to how online corporate education is changing the rules in the four stages of the value chain of corporate learning:

  • Defining what needs to be learned
  • Designing courses
  • Disseminating knowledge and enabling
  • Reviewing application of knowledge and behavioural change
You can download for free this 20-page research report from the Roland Berger Strategy Consultants website.

2014 EFMD Case Writing Competition: Submissions Now Open

Case submission coverYou and your school are kindly invited to submit cases to the 2014 EFMD Case Writing Competition. The 2013 edition of the competition broke another record with 258 submissions. 

In addition to the 14 regular categories, generously sponsored by the schools and organizations listed below, we will once again have the “Best of the Best” category, to which all the winning cases from the different categories will be eligible. The 2013 overall winners were:

“SMS for Life Case Series" by IMD and Novartis", written by: Donald A. Marchand, Anna Moncef, Patricia Santos all from IMD, CH.



We warmly thank the sponsors for their continued support. All of the winning cases receive €2000, wide visibility across the EFMD network and publication by The Case Centre.

The “Best of the Best” winners are featured in the EFMD’s Global Focus Magazine, receive visibility across the EFMD and Case Centre networks and are awarded with an engraved plate during the EFMD Annual Conference Awards Ceremony.



Case submission sponsorsThe deadline for the submission of cases is 10 October 2014. For more information and for submitting your case, visit the 2014 EFMD case Writing Competition page.

 There also is a a sponsorship opportunity, if your school or organization would be interested in sponsoring the Family Business category, please contact Inês Proença.

  • Corporate Social Responsibility: Sponsored by Kedge Business School, FR
  • Entrepreneurship: Sponsored by E.M. Lyon, FR
  • Family Business: Sponsorship Opportunity !
  • Finance and Banking: Sponsored by Toulouse Business School – Groupe ESC Toulouse, FR
  • Supply Chain Management: Sponsored by Kedge Business School, FR
  • Emerging Chinese Global Competitors: Sponsored by Renmin University of China School of Business, CN
  • Euro-Mediterranean Managerial Practices and Issues: Sponsored by Groupe Sup de Co Montpellier Business School, FR
  • African Business Cases: Sponsored by China Europe International Business School (CEIBS)
  • Indian Management Issues and Opportunities: Sponsored by Emerald Group Publishing Ltd.
  • Responsible Leadership: Sponsored by University of San Diego - School of Business Administration, US
  • Inclusive Business Models: Sponsored by IMD, CH
  • Latin American Business Cases: Sponsored by Universidad Externado de Colombia, CO
  • MENA Business Cases: Sponsored by HEC Paris in Qatar, QA
  • Bringing Technology to the Market: Sponsored by ESMT, DE

Please feel free you to consult the 2013 winners in the various categories and also do not hesitate to pass this on to a colleague who might be interested in participating. Please do contact EFMD colleague Ines Proenca with any questions you may have.

44 New EFMD Members Ratified

MembersgipAGM14EFMD wants to warmly welcome the new members ratified at the EFMD General Assembly Meeting on 16 June, 2014. The new institutions are:
  • Ajou University, School of Business, Rep. of Korea
  • Anadolu University, Turkey
  • Assicurazioni Generali, Italy
  • Bond University, Faculty of Business, Australia
  • Bryant University, College of Business, United States of America
  • Carrefour Group, France
  • Centre Africain d'Etudes Supérieures en Gestion (CESAG), Senegal
  • CIFFOP, Université Panthéon Assas-Paris 2, France
  • College of Charleston, School of Business, United States of America
  • ESDES School of Management, Université Catholique de Lyon, France
  • European College of Economics and Management (ECEM), Bulgaria
  • Federation University of Australia, Faculty of Business, Australia
  • FIA - Fundação Instituto de Administração, Faculdade FIA de Administração e Negócios, Brazil
  • Groupe ESC Dakar (Groupe Sup de Co Dakar), Senegal
  • Hamdan Bin Mohammed e-University, e-School of Business and Quality Management, United Arab Emirates
  • HEADway Advisory, France
  • IAE de Nice, Ecole Universitaire de Management, France
  • IAE Savoie Mont-Blanc, Université de Savoie, France
  • IBS - SP International Business School of São Paulo, Brazil
  • Indian Institute of Management Raipur, India
  • Institut Futura21, Switzerland
  • Institute of Higher Studies Tunis, Tunisia
  • KIMEP University, Bang College of Business, Kazakhstan
  • Laurentian University, Faculty of Management, Canada
  • Mountbatten Institute, United Kingdom
  • National Institute of Development Administration (NIDA), NIDA Business School, Thailand
  • Nazarbayev University, Graduate School of Business, Kazakhstan
  • Northwestern Polytechnical University, School of Management, China
  • OHIM (Office for Harmonization in the Internal Market), Spain
  • Pan-Atlantic University, Lagos Business School, Nigeria
  • Pon Holdings B.V., The Netherlands
  • Saint Mary’s University, Sobey School of Business, Canada
  • Strathmore Business School, Kenya
  • Swansea University, School of Management, United Kingdom
  • Universidad Adolfo Ibañez, School of Business, Chile
  • Universidad de la Sabana, International School of Economic and Administrative Sciences, Colombia
  • Universidad ICESI, School of Business and Economic Studies, Colombia
  • Universiti Putra Malaysia, Faculty of Economics and Management, Malaysia
  • University of Regina, Faculty of Business Administration, Canada
  • University of Worcester, Worcester Business School, United Kingdom
  • Vilnius Gediminas Technical University, Faculty of Business Management, Lithuania
  • Wroclaw University of Economics, Faculty of Management, Computer Science and Finance, Poland
  • Zhejiang Gongshang University, MBA School, China
  • Zhejiang Zhongke Institute of Business, China


VideoAR14On a dedicated webpage you will find  the new members, organised by membership category. Please also consult the full list of EFMD members, totaling 817 institutional members in 82 countries, for your ease this rather long list is structured "per country" and has direct links to all member institutions. 

You may also be interested to watch this two-minute video on the highlights of the 2013 EFMD Annual report, as well as in details on EFMD membership. Also the brand-new 2013 EFMD Annual Report is available for you from the EFMD website.

CEOs Reveal How to Create Responsible Leaders

ashridgeThis new research reveals that hands-on learning opportunities for executives that expose them to stark social realities are core to creating more responsible business leaders.  

Conducted by Ashridge Business School and Business in the Community (BITC), the study analyses the charity’s pioneering experiential Prince's Seeing is Believing programme, where chief executives see and experience social issues first-hand.  

The Ashridge research investigated why some business leaders put creating value for wider society at the heart of their work, whilst, at the same time, stories of corporate failures attributed to poor leadership abound.

The new report "Developing Responsible Business Leaders" is based on in-depth interviews with nine chief executives who have taken part in the initiative. The study draws on their early careers, role models, influencers and defining experiences to reveal how first – hand engagement with social issues has acted as a catalyst to kick-start their consciousness and drive to embed responsible business practice.  

AshridgeCBSMatt Gitsham, Director, Ashridge Centre for Business and Sustainability and author of the report, said: “Thirty years ago there was very little discussion around corporate sustainability – people expected issues to be resolved through public policy interventions. Times have changed, and sustainable business practices are something every business leader needs to understand.”  

Developing ethical leaders Research-led recommendations to develop responsible leaders who are powerful forces for social good include:  
  • Leading by example - They must act as exemplars and champion responsible business leadership on public platforms and in conversations with peers, and encourage responsible leadership through the goals they set, the stories they tell, the shadow they cast through what they are seen to do and who they celebrate and reward.
  • Recruiting the right people - Talent management and recruitment processes need to value different qualities and life experiences, such as volunteering and secondments to voluntary organisations. These activities make a crucial contribution to developing the right worldview and an ethical, responsible organisational culture.
  • Developing responsible leadership - Leaders and HR professionals must embed experiential learning into their organisation’s leadership development activities to improve workplace performance.

"Developing responsible business leaders: insights from 24 years of the Prince's Seeing is Believing visits" is an Ashridge Research Report, more information on the Ashridge Faculty Publications website.

Call for Papers: MENA Region: Post 2015 Development Agenda

AUC bannerThe American University in Cairo (AUC) will be hosting its annual research conference on the MENA (Middle East and North Africa) region and post-2015 development agenda on 16-18 March, 2015.

The aim of this conference is to provide an exchange platform for relevant, inter-disciplinary and multi-stakeholder research and policy debates on the region’s current development efforts, in addition to addressing visionary post-2015 agenda policies. The conference seeks to scale up MENA’s existing successes, identify appropriate best practices, and elicit innovative solutions that solve critical challenges facing the region. The conference will bring together academics, policy makers, thought leaders, business community and civil society in a structured array of academic discussions and policy debates relevant to the themes of the conference.

Authors are invited to contribute to the conference by submitting abstracts that contain sound research results in the form of full papers, case studies, or survey work that propose evidence-based policy recommendations, or suggest research avenues to tackle problems related to the following four major themes of the conference:
  • Social Inclusion
  • Human Development
  • Sustainability and Governance
  • Regional and Global Integration
Deadline for abstract submission is 30 October 2014, to be submitted to the conference email. A special Egyptian cultural evening will be held with sound and light show at the Pyramids. Details are here and the registration form will be available soon here.

EFMD Partners CVTRUST / Now Offer Smart Diploma with Smart Ads

CVTrust logoLast year EFMD signed a strategic partnership with CVTRUST. The aim of CVTRUST is to increase trust where it is becoming ever more valuable: in academic and education credentials.

Recently CVTRUST joined LinkedIn’s Direct-to-Profile Certifications pilot program, adding a new social dimension to its Smart Diploma™ solution. It is now possible for Smart Diploma™ owners to upload their certified credentials onto their LinkedIn Profile in just a click!

By granting Smart Diploma™ to your graduates, alumni, programme participants etc they are able to validate and push their credentials onto their LinkedIn profile in one click. Following on from this schools that use the Smart Diploma™ solution can now make use of a new service Smart Ads™.

The new Smart Ads™ feature is unique because it allows your school to use the CVs of the people connected to the school as marketing and branding tools that can help promote your institution (and programmes) by your best ambassadors. If you use Smart Diploma™ then every award that you have ever granted becomes firstly validated and secondly becomes a marketing tool to showcase your school. The examples below show how it can work (click and see the Smart Ad on the upper right side the institution’s banner) -

·       IMD diploma: click here
··      INSEAD diploma: click here

smart diploma

Schools using CVTrust include:

INSEAD (FR/ SGP), IMD (CH), MIT Sloan (US), Mannheim Business School (GE), Nyenrode (NL), HULT (International), IEP Paris (FR), IPL (online), INSEEC (FR), STUDIALIS (FR), Solvay Brussels School (BE),…

If your institution would like to learn more, please contact

Join Now for the 2014 EFMD ABS International Deans Programme (IDP7)

idp We would like to inform you that you now can register for the 7th edition of the EFMD-ABS International Deans' Programme (IDP).

This exceptional programme enables a group of up to 20 international deans to visit business schools in four countries. You will gain a unique overview of strategy, operations, structures and future markets in business and management education.

The three compulsory module for the 2014 International Deans' programme are:

  • 16-18 September 2014 at The Hong Kong Polytechnic University, Faculty of Business, The Hong Kong University of Science and Technology and City University of Hong Kong, College of Business, HK
  • 14-15 January 2015 in United Kingdom at Saïd Business School, Oxford,and Imperial College Business School, London, UK
  • 15-16 April 2015 in Copenhagen Business School, DK and School of Economics and Management, Lund University, SE

Other benefits of joining the programme include:

  • Global networking with the potential for long-term collaboration
  • Time to think and engage in current debates on the future of management and business education
  • Psychometrics: MBTI, 16PF, FIRO-B, 360 feedback
  • Join a network of over 75 business school deans from 23 different countries that have already participated in the programme
  • Please note that this programme is aimed at recently appointed directors general/deans of the whole business school only.

More information is available here  and you can register online.  If you have any questions or require further information please do not hesitate to contact EFMD colleague Virginie Heredia-Rosa directly.

EFMD to Collaborate on the Business Education Jam: Envisioning the Future

JAM2Join A Global Brainstorm Envisioning the Future of Business Education

The world is rapidly changing and so is the role of business education. To envision its future, there must be a transformative conversation with broad participation: business schools, scholars, faculty, students, employers, executives, and thought leaders.

As a catalyst for innovative solutions and the international promotion of excellence in management development, EFMD is pleased to be a collaborator as Boston University School of Management and leading sponsors launch the Business Education Jam: Envisioning the Future.

This is not the usual one-way panel discussion. It is a worldwide brainstorm like never before and we need you to participate. A 60-hour virtual event occurring from September 30 – October 2, 2014, the Jam is unprecedented in the history of higher education. Focused on 10 key areas:

  • Supporting 21st Century Competencies
    How can academia and industry collaborate to identify and support the development of critical competencies?

  • Increasing the Value of Management Education
    How can management education programs enhance value for students, employers, and industry?

  • Engaging New-Generation Students & Employees
    How will industry and business education tap the unlimited potential of millennials?

  • Cultivating Research Relevance & Rigor
    How will management research drive insights for industry best practices?

  • Fostering Ethical Leadership
    How can ethical leadership be fostered across business education & industry?

  • Cultivating Innovation & Entrepreneurship
    How will future entrepreneurial leaders be developed?

  • Driving Learning Experiences
    How can business education & industry collaboratively impact student learning?

  • Harnessing Digital Technology
    How will management education and research reflect the digital age?

  • Challenging the Business Model of Education
    How will management education be positioned and funded in the future?

  • Advancing Policy & Governance
    How will policy and accreditation influence the future of business education and business

and powered by innovative IBM technology, a “Jam” is a large-scale, collaborative online event that drives creativity and probing thought. World-renowned guests will join all Jam participants to open a new dialogue that will build a stronger connection between academia and industry, bolstering the growth and development of business education and businesses alike.

As an EFMD member, you now have the opportunity to view initial Jam content and sign up to receive advanced notice of registration. The Jam is free to participate and will enable massive crowdsourcing of ideas and thoughtful input from all stakeholders: faculty, deans, and administrators, company executives and hiring managers, students and graduates, and anyone who cares about business and business education.

Join the conversations already happening, and visit www.bu.edu/jam to explore the 10 discussion forums in more detail, pre-register, and see how the Jam’s powerful social and analytic tools will make this an extraordinary conversation.

You can also follow the JAM on Twitter via @BusinessEdJam

EFMD 2015 Conference for Deans & Directors General - Registration now open!

ddm2015 bannerWe are delighted to let you know that registration is now open for the 2015 EFMD Conference for Deans & Directors General, hosted by ESADE in Barcelona on the 29–30 January 2015. This year’s conference will cover topics such as:
  • Is being a Dean good for your career?
  • How is the Higher Education landscape changing? What role is the EU Commission playing and what role can business schools play?
  • Enhancing the quality of business schools: a round table discussion with view points on rankings, accreditations, research assessment exercises, etc.
  • Collegiality vs. Management: how to manage faculty? What is the best approach to take?
  • Developing global mind sets: how can you develop your student’s global mind sets?
  • International Research collaboration: are international research partnerships possible?

This is a unique global meeting that allows Deans to exchange, discuss and share their own experiences with their peers from around the world. 

The conference will be chaired by Peter Moizer, Dean, Leeds University Business School, University of Leeds, UK and speakers include:

How much of a school is left in a business school?Göran Bexell, Former Vice Chancellor, LUSEM - Lund University School of Economics and Management, Sweden

Trends in Higher Education
, Xavier Prats Monné, Deputy-Director General, Directorate-General for Education and Culture, European Commission

Panel Discussion on What’s Next for Management Education with 

  • Sangeet Chowfla, President and Chief Executive Officer, GMAC - Graduate Management Admission Council®, USA
  • Raj Dhankar, Dean, Faculty of Management Studies, University of Delhi, India 

  • Manola Sanchez, Dean School of Business, Universidad Adolfo Ibañez, CL
  • 
Mohammed Seid, Chairman of Department of Management, College of Business and Economics of Addis Ababa University, Ethiopia
  • 
and moderated by Johan Roos, Dean and Managing Director, Jönköping International Business School, SE

For the closing session on Friday 30 January, Venu Srinivasan, Chairman and Managing Director of Sundaram Clayton Ltd and TVS Motor Company, India will share his inspiring story on how his work as a business leader in India provides a positive impact on worker’s lives and helps the economy grow and develop.

And there is much more, please do check-out the the complete programme. You can already register online now as places are limited!

 As in previous years, this conference will ONLY accept registrations for those with chief executive (top management) responsibility and authority in EFMD member business schools and centres. In other words, we only accept the Dean of the school, the Director General, the President, the Rector, the Managing Director of the school itself.

 We look forward to seeing you in Barcelona and please do contact EFMD colleague Delphine Hauspy with any questions you may have.

EFMD Support the Fifth International Business School Shanghai Conference

antaiEFMD is delighted to be a strategic partner of the Fifth International Business School Shanghai Conference that will be hosted by Antai College of Economics and Management (ACEM), Shanghai Jiao Tong University on Oct. 9-10, 2014.

Innovation and entrepreneurship are widely recognized as effective ways to revitalize the global economy. International markets seek new ideas and innovative business practices, which have the potential to strengthen and stabilize economic growth. So many regions, including China, are striving to develop entrepreneurial management practices and create supportive environments that foster and enable innovation.

Business schools are the origins of many successful entrepreneurship practices, and play a vital role in boosting development of economies and the prosperity of business. This requires the business education industry to reflect on questions such as how to nurture management talents who are able to generate new ideas and implement the ideas in innovative ways.

Therefore, the conference has established Innovation and Entrepreneurship as its theme. It is expected to foster discussions on the latest developments in innovation and entrepreneurship, and exchange viewpoints on two parallel session topics: “How Business Schools’ Innovation Education is Driving Sustainable Development” and “Business Schools’ Education about Entrepreneurship”.

In addition, the IBSSC features two pre-sessions on business schools’ development. Some changes in international accreditation standards indicate that the innovation and sustainability of business schools are increasingly recognized as priorities, so:

  • Pre-session 1 will focus on the topic of “New International Accreditation Standards for the New Management Education Era”, to discuss the trend and how business schools will respond to it.
  • Pre-session 2 will explore the topic of “Future of Management Education: Emerging Opportunities for Asian B-schools”.

The biennial IBSSC is one of the most important forums held by ACEM. Since the first successful conference in 2006, the IBSCC has itself become an international brand and the largest dean-level conference for business schools in the Asia-Pacific region.

An outstanding line up of speakers includes:

  • Prof. Peter Blair Henry, Dean of Leonard N. Stern School of Business, New York University, USA     
  • Prof. Soumitra Dutta, Dean of Johnson Graduate School of Management, Cornell University, USA     
  • Prof. Gnanalingam Anandalingam, Dean of Imperial College Business School, UK
  • Prof. Alfons Sauquet, Dean of ESADE Business School, Spain     
  • Prof. CAI Hongbin, Dean of Guanghua School of Management, Peking University, P. R. China
  • Prof. William Boulding, Dean of Fuqua School of Business, Duke University, USA     
  • Prof. Edouard Husson, Dean of ESCP Europe Business School, France
  • Prof. Fiona Devine, Head of Manchester Business School, UK     
  • Prof. Emerson de Almeida, President of the Board Committee of Fundação Dom Cabral, Brazil
  • Prof. Chris Styles, Dean of Australian School of Business, University of New South Wales, Australia   
  • Prof. Steef van de Velde, Dean, Rotterdam School of Management, Erasmus University, Netherland  
  • Prof. Larry Edward Penley, President of Thunderbird School of Global Management, USA     
  • Prof. Santiago Iñiguez de Onzoño, Dean of IE Business School, Spain (TBC)     
  • Prof. Hirokazu Kono, Dean of Keio Business School, Japan     
  • Prof. WU Xiaobo, Dean of School of Management, Zhejiang University, P. R. China

The conference convenes more than 100 deans/general directors from overseas business schools, and 100 local Chinese business school deans, who exchange their ideas on cutting-edge topics in the field of management education. Due to its focused themes, global scale and western and eastern integration, the IBSSC has already become an extremely valuable forum for business schools around world, and Antai is committed to developing the IBSSC into the most influential management forum in the international management education circle.

Who should attend?
Deans, Directors, Rectors and Vice Deans from leading business schools in the world; top executives from international organizations in the business education industry.

For more information about the conference and reserving your seats, please refer to the website http://www.acem.sjtu.edu.cn/intl/conferences/5_en/index.html, or contact Antai College of Economics and Management via Tel: +86-21-52302510; Fax: +86-21-52302511; Email: iceo@sjtu.edu.cn

Please join us in Shanghai in October for this unique event. Registration details are here.

Key EFMD Events & Activities in the Second Half of 2014

efmd-newlogo2013-lr coloursBefore the summer, we would already like to update you on the key EFMD events planned for the second half of 2014. You may want to register now while your calendar is not too full or perhaps share the events with colleagues who might be interested in attending.

July
“Digital Performance: People Make it Real!” is the theme of the Future Series Webinar to be held on 1 July. This webinar will put into question the established solutions to measure the business impact of learning and development and suggest new ways to do it.

September
The EFMD-HUMANE Advisory Seminar with a focus on “MOOCs, Millennials and the Road Ahead for Higher Education” will take place on 19 September at the EFMD premises in Brussels.

On 23 September, another Future Series Webinar will take place at 13.00 hours (CET Paris) focused on “Leadership in the Digital Era: A New Deal?”

On the 30 September EFMD is pleased to be a collaborator as Boston University School of Management and leading sponsors launch the Business Education Jam: Envisioning the Future. The JAM is unprecedented in the history of higher education. and will involve a worldwide brainstorm like never before and we need you to participate. Over 60-hour this virtual event will run from the September 30 – October 2, with many EFMD members engaged in the dialogue.

October
October is one of the busy months with the 2014 EFMD Executive Development Conference taking place on 1-3 October, hosted by University of St.Gallen, Switzerland. The theme is this year’s event is: (EI)2 Exploiting/Improving AND Exploring/Innovating.

The fifth International Business School Shanghai Conference (IBSSC) will take place on 9-10 October, hosted by Antai College of Economics and Management, Shanghai Jiao Tong University (in a strategic partnership with EFMD). "Innovation and Entrepreneurship" has been established as this year’s theme.

Richmond, Virginia USA is the location for the 2014 EFMD Conference on Undergraduate Programmes. The Robins School of Business, University of Richmond will host the event (on 13-15 October), focused on “Undergraduate Management Education – Preparing our Students for the Journey".

In London EQUIS and EPAS Accreditation Seminars will be held on 14-15 October, hosted by Imperial College Business School. These Seminars are offered sequentially, giving participants the opportunity to register for one or both events.

The next Sharing Best Practice CLIP Workshop will take place 16-17 October at Capgemini Corporate University in Paris, France. The theme of this “inivitation only” event is “Capability of the Corporate Learning Function to address crucial business issues”.

November
The GBSN and EFMD Joint Conference in Africa will take place in Accra (Ghana), hosted by GIMPA and CEIBS Africa. This event takes place 3-5 November on the theme: “Quality in Context: Management Education for the Developing World”.

EFMD is also  once again supporting the 6th Global Peter Drucker Forum and “"The Great Transformation - Managing our Way to Prosperity" is the theme of this event taking place on 13-14 November in Vienna, Austria.

November will also see the 2014 EFMD Career Services Conference. On 19-21 November, Porto Business School in Portugal will be the host institution for this new EFMD community that was launched last year.

An EPAS/EQUIS Accreditation Seminar will take place on 25-26 November in Bangkok (Thailand), kindly hosted by Thammasat University.

December
“Master Programmes: Going Global” is the theme of the 2014 EFMD Conference on Master Programmes which will be held in Grenoble (France) on 3-5 December, hosted by Grenoble Ecole de Management.

On 11-12 December, EFMD will be holding the first module of the Research Leadership Programme-Cycle 5. This is a partnership between EFMD and EURAM on the focus theme of “The Long View – Strategy”. Modules 2 and 3 are planned is February and April respectively.

January
The 2015 EFMD Conference for Deans & Directors General will take place 29-30 January 2015, hosted by ESADE in Barcelona (Spain)

Further events already planned for 2015 include:

  • 2015 EFMD Entrepreneurship Education Conference on 25-27 February
  • 2015 EFMD Conference for International and External Relations, PR, Marketing, Communication and Alumni Professionals on 25-27 March
  • Research Leadership Programme - Cycle 5 - module 2/3 on 3-4 February
More information on all the events is available on the EFMD website.

EFMD Awards EQUIS Reaccreditation to 11 Leading Business Schools

EFMD would like to warmly congratulate the following schools who have recently been reaccredited by EQUIS:

Amsterdam Business School, Universiteit van Amsterdam, Netherlands
Babson College, USA
CENTRUM Católica Graduate Business School, Pontificia Universidad Católica del Perú, Peru
ESCP Europe, France
Durham University Business School, UK
IESE Business School, University of Navarra, Spainequis2013
Keio University, Keio Business School, Japan
London Business School, UK
LUSEM - Lund University School of Economics and Management, Sweden
The Hong Kong Polytechnic University, Faculty of Business, China
University of Leeds, Leeds University Business School, UK

“EQUIS has set new standards of quality in management education. The EQUIS accreditation process is a unique opportunity for a university or a business school to reflect on the relevant strategic issues that any institutions face in today’s changing world, as well as on the operational dimensions that make the university’s  educational experience truly good.”
Jordi Canals, Dean, IESE Business School

"EQUIS accreditation provides independent evidence of quality to past, current and potential members of the London Business School community. We are pleased to have their confirmation of the success of our constant search for excellence.”
Sir Andrew Likierman, Dean of London Business School

"We do appreciate that we are granted EQUIS label for another three years. Under the accelerated globalization of management education, this reaccreditation is just the starting point for our improvement for the coming three years."
Prof. Hirokazu Kono, Dean, Keio Business School

"It is a great honour to be awarded five years accreditation by EQUIS and I would like to thank the peer review team for their carefull consideration of Leeds University Business School. I also would like to pay tribute to all the hard work put in by my colleagues, which has resulted in this well-deserved accolade.”
Prof. Peter Moizer, Dean, Leeds University Business School, University of Leeds

"We are delighted that we have been awarded with EQUIS reaccreditation for a second time. The reaccreditation exercise is a clear demonstration of our dedication to excellence, and the priority placed on internationalisation.”
Prof. Edwin Cheng, Dean, Faculty of Business, The Hong Kong Polytechnic University.

"Amsterdam Business School – part of the University of Amsterdam- is proud to be continuously in the league of schools with EQUIS accreditation.”
Prof. Dr. Marc Salomon, Dean, Amsterdam Business School, University of Amsterdam

Prof. Michael Osbaldeston, the EFMD Director of Quality Service added, "I would like to congratulate the schools that have gone through the reaccrediation process. If you are a student, parent, recruiter or have an interest in business education then the first and most important credential to look for in a school is does it have accreditation from EFMD."

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

Executive Development Conference: Exploiting/Improving and Exploring/Innovating

Banner2014exdevYou are warmly invited to the 2014 EFMD Executive Development Conference, hosted by the University of St. Gallen, Executive School of Management, Technology and Law, Switzerland (1-3 October, 2014).



EFMD and the organising committee have decided to investigate, discuss and explore the following theme: 

(EI)² Exploiting/Improving AND Exploring/Innovating
. If only it was as simple as applying a maths formula; organisations face ongoing challenges from all corners whether they are a company, a business school or an other provider. There is a constant need for new capabilities within the organisation and, on top of exploiting what you already are good at, exploring new ways to develop these capabilities and innovating with new ideas is also crucial in order to survive.



This conference aims to build on the experience of participants, to collect and capture knowledge, to allow for interaction amongst each other and benefit from “new” knowledge and ideas coming out of the conference discussions. We hope that you can take part in this flagship event as the challenges can only be explored in depth when we involve a maximum diversity of actors, including companies, business schools, executive development centres and consultants. 



Moreover, the 2014 EFMD Excellence in Practice Awards (EIP) Gold Award cases have just been announced.
EIP2014 Gold

 

The winning cases will be presented in a new interactive format via the EIP Market Place session which will share many ideas and insights into the successful partnerships. This year’s winners showcase some outstanding and diverse partnerships that exemplify the growing demand to show the impact of Learning & Development initiatives. The 2014 Excellence in Practice GOLD Award Winners are:

  • Category: Executive Development:  Promsvyazbank (PSB) & Chicago Booth School of Business: “PSB & Chicago Booth NewEXperienceTime
  • Category: Talent Development: FrieslandCampina & Ashridge Business School: “Developing Talent for 2020
  • Category: Professional Development: University Medical Center Groningen & Amsterdam Business School: “An Industry Approach Transforms Healthcare: A 7 Year Journey
  • Category: Organisational Development: Stora Enso & IMD: “Stora Enso & IMD – A Pathbreaking Partnership

Please click here  for the complete programme of the 1-3 October conference, you can register online here, and please do not forget to also invite your learning partner to join the conference with you!

 Please contact EFMD colleague Delphine Hauspy with any questions you may have.

MOOCs, Millennials and the Road Ahead for Higher Education

Humane-MOOCs coverYou are kindly invited to the HUMANE/EFMD Advisory Seminar 'MOOCs, Millennials and the Road Ahead for Higher Education' which will take place on 19 September 2014 at the EFMD offices in Brussels, Belgium.

The last 20 years have seen the biggest transformation we have ever witnessed in the way we communicate and deliver knowledge. ICT impacts every aspect of our lives and social media play a major role in the way we interact with one another. The potential for higher education to transform the entire process of knowledge delivery is enormous.    

From traditional face-to-face teaching to student centred e-learning or blended approaches there are many ways in which universities and business schools can deliver new knowledge and skills, either on their own or in strategic partnerships with educational providers around the globe.   

Andrew Crisp, director of CarringtonCrisp, the higher education marketing specialists, will moderate the seminar and speakers include:
  • Jessica di Bella, Head of Mannheim Center for Entrepreneurship and Innovation, University of Mannheim
  • Frederik Truyen, Coordinator ICT for Humanities and Social Sciences and Head of the Computer Department of the Faculty of Arts at Leuven University
  • Jean-Claude Hunsinger, Head of the ICT Department of the Université Panthéon-Assas (Paris II)
Do MOOCs offer revolutionary approaches to teaching and learning or are they just the hot topic of the moment?  What are they all about and what implications do they have for HEIs, business schools and their decision-makers?

The seminar will offer an overview on all there is to know about MOOCs as well as insight into a recent study "See the Future" to understand some of the key issues facing higher education. It will look at lessons learnt from a number of concrete cases in the broader context of innovative teaching and learning in higher education. Finally there will be a session on how education and learning styles can be adapted for millennials.

The day will adopt a highly practical approach allowing ample time for participants to interact with the moderators and speakers and reflect on the challenges and implications linked to the changing higher education landscape.  We hope you will be able to join us for this very interesting seminar and urge you to register as soon as possible as places are limited. In addition, feel free to forward this email to your colleagues who might be interested in attending the seminar.

If you are interested in more information: on the programme  and registration or do not hesitate to contact the HUMANE Secretariat for further information.

Invitation to the 2014 EFMD Conference on Masters Programmes

master2014-bannerYou are kindly invited to the the EFMD Conference on Master Programmes that will take place in Grenoble (France) on the 3-5 December 2014. The event will kindly be hosted Grenoble Ecole de Management.

This is the only global event of its type that focuses on the Masters degree and we hope to link and exchange ideas with participants from all over the world.

 It is particularly aimed at directors of MSc and MA Programmes in management and related areas such as finance, marketing etc. as well as programme administrators and staff from EFMD member and non-member schools concerned with master programmes.

This year’s conference will include speakers from (Australia, Asia, Europe, America) around the main theme: Master Programmes: Going Global. This will be a unique opportunity for colleagues to network, share and discuss common issues and opportunities in Master Programmes.

 We already have an exception line up of confirmed speakers including:

  • Della Bradshaw, Business Education Editor, Financial Times, UK who will lead a global panel on the future of the Masters degree
  • John Shields, Acting Deputy Dean (Programmes and Infrastructure) & Associate Dean Postgraduate Coursework, University of Sydney, Australia
  • Chris Tsang, Executive Director (School Development & MSc Programs), HKUST Business School,China
  • Mark Vandenbosch, Associate Dean of Programmes, Ivey Business School, Canada
  • Selcuk Erenguc, Senior Associate Dean and Director of Graduate Programs, Hough Graduate School of Business, USA
  • Benjamin Glover, Regional Director, EMEA, Graduate Management Admission Council, UK

The sessions and discussions will be around topics such as:

  • Global Trends in Master Programmes
  • Perceptions of Master Programmes
  • Why Masters? / Why Now?
  • How to add value? – Programme Management (Curriculum, Professional and Personal Development, Support Services)
  • Final Projects with Companies Alternatives to Master Theses
  • How Top Schools are dealing with global chammenges
  • The Future of Master Programmes

This event will be chaired by Mark Thomas, Associate Dean and Director of International Affairs, Grenoble Ecole de Management. More information about the Masters Conference is available from the dedicated EFMD website. Please do register now, until 15 September 2014 you can benefit from the early bird fee. Numerous networking activities will be available throughout the event and  please do contact EFMD colleague Ines Proenca with any questions you may have. 



PMI 2014 Research and Education Conference

PMIconf logoThe 2014 PMI Research and Education Conference will be held 27–29 July 2014 in Portland, Oregon, USA, at the beautiful Portland Marriott Downtown Waterfront Hotel. This is a biennial international project management research and education event that brings together scholars, senior practitioners and students of project management and allied disciplines. The conference provides an opportunity to present and discuss new project management research findings and teaching methods.

The conference is designed to attract both scholars and advanced practitioners in the field and is a venue where new scholarship in project management can be showcased and discussed by those who conduct the research and those whose work, over time, is shaped by it.

2014 will be the first time the conference has had a theme: "Standing on the Shoulders of Giants": In Search of Theory and Evidence. The theme reflects three key issues facing the field of project management research and education.
  • The first concerns how research and education can “stand on the shoulders of giants” – enabling us to see further and with greater insight because of the knowledge platform that is being built.
  • The second is the role of theory and whether the field has moved on from Koskela and Howell’s (2002) provocation, that there is no underlying theory of project management.
  • Finally, the opportunity of evidence-based project management was highlighted at the 2012 Research and Education Conference in Professor Denise Rousseau’s (2012) keynote address. How will the field respond to this call?

A variety of formats, including paper and poster presentations, symposia and plenary speakers will be featured at the 2014 conference. Pre-conference workshops will take place 26-27 July 2014, including a Doctoral Colloquium, Teaching Case Workshop and Academic Forum.

Full details on the conference program, schedule, plenary speakers, and logistics are here and registrations are now open, with the early registration deadline on 30 June 2014.

FT and McKinsey Bracken Bower Prize

FT-McK logoDo you have a great idea for a business book?

A new £15,000 prize offered by the Financial Times and McKinsey & Company, organisers of the Business Book of the Year Award, aims to unearth new talent by encouraging young authors to tackle emerging business themes.

The Bracken Bower Prize will be given to a promising young writer with the best proposal for a book about the challenges and opportunities of growth. Named after Brendan Bracken, chairman of the FT from 1945 to 1958, and Marvin Bower, managing director of McKinsey from 1950 to 1967, the Bracken Bower Prize honours their legacy but also opens a new chapter by asking young writers and researchers to identify and analyse the business trends of the future. The winner of the inaugural award will receive £15,000 and their proposal will be published on FT.com.

The judging panel for 2014 includes:

  • Vindi Banga, partner, Clayton Dubilier & Rice
  • Lynda Gratton, professor, London Business School
  • Jorma Ollila, chairman, Royal Dutch Shell and Outokumpu
  • Dame Gail Rebuck, chair, Penguin Random House, UK

BBprizeEligibility:Only writers who are under 35 on November 11 2014 (the day the prize will be awarded) are eligible. They can be a published author, but the proposal itself must be original and must not have been previously submitted to a publisher.

The closing date for entries is 5pm (BST) on September 30th 2014. The proposal should be no longer than 5,000 words – an essay or an article that conveys the argument, scope and style of the proposed book – and must include a description of how the finished work would be structured, for example, a list of chapter headings and a short bullet-point description of each chapter.

How to Enter: The complete rules and terms and conditions of entry and frequently asked questions can be found here and you can join the conversation at #BBYA14. Please send your submissions here.

Capacity of the Learning Function to Address Major Business Issues

Increasingly corporate learning organisations are being challenged to do more than deliver a centrally defined L&D curriculum across all parts of the company.  Their mission is also seen to encompass a capacity to respond effectively to strategic transformational needs in the different parts of the business. This requires a high level of reactivity in responding quickly to business needs in deep capability development. It also requires a proactive ability to analyse problems and to anticipate needs before offering people development solutions.

CapGU logoIn practice this means that the learning organisation must develop new competencies in order to operate as a strategic learning partner for the business units and professional functions in the company. It must be able to play a leading role in the transformational agenda as innovator, importer of new practices and as role model.

The Sharing Best Practice CLIP Workshop on 16-17 October in Paris (France), hosted by Capgemini Corporate University will address theme “Capacity of the Learning Function to Address Major Business Issues”. It will be illustrated by the example of Capgemini and the collaboration between its’ University and Consulting practice on Digital Transformation.  This award winning intervention was co-created between the business and the university to carefully integrate both content and form in order to raise the ability of Capgemini leaders and consultants to understand, implement and explain the impact of digital transformation in a business environment. New technologies to be mastered and used day-to-day were mobilised in the organizational learning process itself.  Key components included the virtual campus, a cloud content repository, a social learning platform, the use of social media and the learning journey concept. An essential message is that the Learning Organisation must be ahead of the game in order to act as a leader in this field.

The workshop will be delivered using Capgemini’s Next Generation Organizational Learning approach based on asking questions that matter and actively engaging participants.  It addition to a deep dive into the Capgemini case, the event will also a input from other companies that have developed a “service to the business” capacity. Participants will be invited to reflect together on what successful responsiveness to strategic business needs entails for their learning organisation. Some key questions include:
  • How do you earn the right to be a strategic learning partner?
  • What are the key success factors?
  • What are the crucial competences required?
In addition to a deep dive into the Capgemini case with Steven Smith, Corporate VP and University Director, the event will also include input from other companies that have developed a “service to the business” capacity. Kai Liebert, Head of Learning Campus from Siemens and Alexandra Brandao, Head of Corporate Knowledge & Development from Santander Group have already confirmed as panel speakers, more panelists will join! Participants will be invited to interactive group sessions in order to reflect on what successful responsiveness to strategic business needs entails for their own learning organisation.

This workshop is by invitation only and is dedicated to corporate learning and corporate HR practitioners from companies. Moreover, it is free of charge for EFMD member companies and special guests. Please do contact EFMD colleague Shanshan Ge with any questions you may have.

EFMD Future Series webinar – “Emerging Trends in Social and Digital Transformation”

WebinarsThis upcoming series of webinars will focus on "Emerging trends in social and digital transformation and their impacts on the People Agenda”, and will be delivered by Stephan Paolini, Senior Vice President, Capgemini Consulting.

According to Capgemini Consulting’s vision, digital transformation is first and foremost a business transformation. People, not technology, are the most important piece in the digital transformation puzzle. 

paoliniDigital transformation has become the ultimate challenge in change management because it impacts not only industry structures and strategic positioning but all levels of an organization (every task, activity, process) and its extended supply chain. Leaders must constantly challenge their organizations to ensure that this technology-enabled change can unlock productivity gains and significant competitive advantage and understand where and how the fundamentals of their current operations could be unsettled by agile new entrants or new business models".

We invite you to take advantage of this great opportunity to share best practice by participating in the following 2 webinars:

Digital Performance: People Make it Real! on Tuesday 1 July 2014 (1:00pm - 2:00pm CET Paris)

  • Emerging trends in social and digital transformation and their impacts on the People Agenda.
  • Which components’ structure the picture and how can it be addressed?
  • Which impacts on the Corporate Learning Function and its drivers for change?
  • Some concrete examples of “game changing” initiatives.

Leadership in the Digital Era: A New Deal?  on Tuesday 23 September 2014
 (1:00pm - 2:00pm  CET Paris)

  • How are the Digital / Social / Open context affecting Business management?
  • How do the (digital) new ways of working change the Leadership/ Managerial landscape?
  • How can it be anticipated / adapted / supported?

Free event for EFMD corporate members and special guests.

EFMD Launch Strategic Learning Review

SLRcover web2

At the EFMD Sharing Best Practice Masterclass earlier this year, hosted by UniCredit in Torino, EFMD officially launched SLR – Strategic Learning Review.

"Company-based learning organisations are being challenged to maximize the effectiveness, relevance and quality of their programmes. Learning must be seen to deliver value and impact; this new service from EFMD will help companies determine whether their learning organisation is delivering (and is perceived to be delivering) services in line with their strategic mission”, said Prof Eric Cornuel, CEO & Director General of EFMD.

The design of SLR draws on EFMD’s 15 plus years of experience in the area of quality assurance for both business schools and learning organisations through the EQUIS and CLIP accreditation systems. SLR offers a diagnostic check-up service that allows a Learning Organisation to take stock of the strategic effectiveness of its operations and its impact within the company. It is designed to be a flexible service for learning organisations at any point of their development.

“EFMD’s one-day strategic diagnostic review (Strategic Learning Review) was very valuable. The review, which was conducted by experienced auditors enabled us to highlight the strengths and weaknesses of our corporate university. The conclusions, covering a range of strategically significant areas,  have led us to strengthen a number of our processes and better prepare ourselves for future accreditation. I highly recommend this Strategy Learning Review to companies in search of a true strategic approach.” Safran Corporate University

Combining guided self-assessment and a one-day on-site visit by a two-person EFMD team, the evaluation highlights both the areas where the Learning Organisation is performing effectively and the areas where fundamental problems may need to be addressed. The process is designed to offer a checkpoint that provides a critical analysis of the situation at a given moment in time, whilst also helping companies construct a learning roadmap for future development.

"We used the EFMD Strategic Learning Review to get outside feedback on where we stood in our pursuit to build up a state-of-the-art L&D organisation. Based on a one-day visit only, the experienced EFMD consultants were able to draw a very concrete picture of our current strengths as well as the areas we still need to develop. This has since helped us a lot to refine our current priorities. We highly recommend this pragmatic tool to other organisations who want to develop their L&D strategy."  Baloise Campus

The SLR process is centred around six key points: the clarity of purpose & mission of the Learning Organisation, the scope of its activities, its positioning in the company, its operating model, the portfolio of programmes and services offered and finally the governance system to keep it properly aligned.

"The starting point for any strategically effective L&D organisation is always going to be a well-defined purpose and coherent objectives as regards what is to be achieved. SLR focuses on the value chain that links intentions and outputs", said Gordon Shenton, Senior Advisor, EFMD.

The many benefits of SLR include:

  • An assessment of the Learning Organisation’s effectiveness and relevance in delivering on its strategic remit
  • Identification of major dysfunctions, disconnects, misalignments or missing elements in the construction of the Learning Organisation.
  • Bringing to light the perceptions of major stakeholders within the company
  • Outside-in challenge: the visiting experts bring an external view with a constructively critical perspective
  • A sounding board providing an opportunity to test ideas and share concerns with experienced professionals in the field of corporate learning
  • A checkpoint for the Learning Organisation team to concentrate minds and build commitment to future development
  • An opportunity to reinforce the buy-in of major stakeholders in the company.

Two information session webinars are organised to find out more about the SLR process:
19 June 2014 CET 13,00 - 14,00, by Jan Ginneberge, Sernior Expert EFMD
10 July 2014 CET 13,00 - 14,00, by Jan Ginneberge, Senior Expert EFMD with testimonial from Achim Wolter, Head of People Management at Baloise

SLR is a service for any organisation anywhere in the world that wants a strategic review of their learning and development structure and design process. If you would like any further information or have any questions please contact Shanshan Ge (shanshan.ge@efmd.org) or visit www.efmd.org/slr.

Invitation to Join the New EFMD Special Interest Group: "An Engaging Place to Work"

efmd-newlogo2013-lr coloursYou are warmly invited to join the EFMD Special Interest Group (SIG) on the theme of “An Engaging Place to Work”. Alstom, Baloise, Merck/MSD, Pirelli as well as UBS and Unicredit have already committed to take a lead role in this group for experience and best practices sharing.

Across industries and geographies the question how a company can become and stay an engaging place to work is being discussed with increasing intensity. Two main factors seem at the core of this discussion: First, with Generation Y entering the labor market a distinctively different set of expectations has taken the stage. Second, companies need to constantly adapt and innovate in a world driven by exceptional speed of change. This can only happen where employees take their hearts and minds to work and act like entrepreneurs from where they sit in the organization.

Companies with higher workforce engagement are more innovative and more productive. Recent numbers published by Gallup found a 22% advantage in profitability to companies in the top quartile of employee engagement vs. those in the bottom quartile. Gallup figures also shock us with an overall ratio of only 12% engaged employees as per their latest worldwide report. The case for action seems clear: not only is creating an “Engaging Place to Work” the right thing to do from a human and organizational health perspective, it is also a prime opportunity for leading companies to differentiate themselves lastingly from their competition.

This EFMD Special interest Group (SIG) will explore cross-functional strategies to build the “workplace of your dreams”. We will focus on areas like leadership, talent management, values of a new employee generation as well as innovative technologies and how they change our work experience. The goal is to advance the critical field of employee engagement in concrete terms, by creating a menu of “best practices” and jointly developing innovative “next practices”.

This SIG is addressed to senior delegates from a broad set of specialty backgrounds, including HR, Learning, Talent Management, Technology, Communications, Branding or Strategy. Dr. Siegfried Hoenle, Senior Advisor EFMD, Visiting Professor at IE Business School and former CLO and Head Talent and Credit Suisse, has agreed to facilitate the SIG. Dr. Simon Stoepfgeshoff, Professor for International HR Management at University of Applied Sciences Bern, will provide inputs and co-facilitate the SIG work.

Details of the final work schedule and specific challenges to be addressed within the SIG will be agreed upon by SIG members once the project is fully underway. The kick off meeting - hosted by UBS - will take place on 3-4 November 2014 in Zurich, Altstetten (Switzerland). Please click here for more information and application.

We invite you to take advantage of this tremendous opportunity to leverage best practice, utilise leading experts and collaborate with peers to deliver real value to your organisation. Please do contact EFMD colleague Shanshan Ge with any other question you may have.

Organisations Are Focused on Developing Talent Internally - Yet Only 37% Collect Metrics to Improve Development Programmes

CEB logoThis 2014 Global Assessment Trends Report offer shuman resources (HR) professionals looking to reassess their talent management strategies a unique insight into how organisations identify the best talent, across the employee lifecycle.This year’s report includes the results of an online survey conducted in early 2014 and completed by 1,406 HR professionals from companies headquartered throughout the world. The report focuses on three areas: the HR landscape in 2014, the nature of assessment use in organisations, and the use of technology in recruitment and selection. Key findings from the report are listed below:

 Identifying high-potential (HiPo) talent is a new global top priority and the top future use of assessments

  • Organisations focus more on developing talent internally than hiring externally
  • Most organisations have programmes to identify and develop high- potential talent. While most do not currently use assessments for such programmes
  • Most organisations have programmes to develop future leaders (56%) and 60% use assessments as part of those programmes

 Most do not monitor candidate reactions and fail to link the candidate experience to business outcomes

  • 82% of organisations see a positive candidate reaction to their hiring process as important, yet only 40% actually monitor such reactions.
  • Few organisations see the value of positive candidate reactions beyond the recruiting process

Most respondents assess indicators of engagement/retention, but 40% do not, risking the loss of key talent

  • Engagement/retention remains top priority
  • 40% indicate they do not use or plan to use assessments as part of efforts on engagement and retention

 Big differences in talent management priorities globally

  • Only 35% of organisations are recruiting for an increased number of open positions
  • External hiring is a top priority (46%) in the Americas compared to 34% globally
  • Identification of high-potential talent more likely to be seen as a top priority in Middle East/Africa (60%) compared to 51% globally
  • Budgets associated with external hiring as likely to increase as decrease, indicating dramatically different strategies and economic conditions around the world

 Globalassessment coverEmployees who promote their employers’ products and services are much more likely to work in organisations with strategic HR functions

  • Of those who are highly favourable about their organisations’ products/services, 80% view HR as a strategic function and 89% indicate that their organisations consider people decisions in the context of business objectives
  • Promoters also report their companies make greater use of information on talent to make business decisions (58%) compared to detractors (37%)

 Despite HR being increasingly viewed as strategic, only half use talent metrics to prove ROI or to inform business decisions

  • Only half of respondents report collecting metrics to show the value of HR investments or using talent data to inform business decisions

Integration of assessment data with HR information systems seen as critical, but integration capabilities fall short

  • While 75% of respondents see having data on competencies and skills integrated into talent management systems as critical, only 25% are satisfied with HRIS ability to manage that data
  • 61% of respondents say they use an HRIS for external hiring but only 34% report integrating assessments into that process

Objectivity gap in post-hire, with widespread assessment use for hiring, but only 40% for development and promotion decisions

  • Nearly twice as many respondents report use of assessments for pre-hire compared with post-hire
  • Skills/knowledge testing (the most frequently used type across pre- and post-hire) is used by 73% of respondents in pre-hire but only 40% in post-hire
  • Similarly, 62% of respondents indicate use of personality assessments for pre-hire but only 34% for post-hire

 Social media searches are a top future hiring tool, despite only a quarter of respondents having formal policies on its use

  • Respondents in the Middle East and Africa are more likely to use social media information, as a future hiring tool. In contrast, respondents in the Americas are least likely to use social media for hiring
  • 24% of respondents allow recruiters/hiring managers to use social media information to make decisions about candidates, while 42% allow decisions to be made based on professional networking information

 Growing interest in mobile assessment for recruitment, with clear geographic differences

  • 42% of global sample would allow candidates to complete assessments on mobile devices if the option existed, although endorsed by more respondents in Australia/ New Zealand (59%) and Americas (48%) than other regions
  • 23% of global sample report that candidates are requesting to complete assessments on mobile devices

For far more details, you can watch the recorded -one hour-  webinar from earlier this week "Talent Impact and Assessment – Make the Connection"  (after registration) or you can download the 60-page research report (after registration), both at the SHL website.

CEIBS to host the International Teachers Programme© (ITP)

CEIBS-ITPThe International Teachers Programme© (ITP) supported by EFMD, is an intensive faculty development programme dedicated to helping business educators develop suitable skills and capabilities to be successful in their careers. The ITP programme is organized by the International Schools of Business Management (ISBM) and the 2015 & 2016 programmes will be lead by the China Europe International Business School (CEIBS) at both its Shanghai and Beijing campuses.

The ITP has served over 1,500 high-caliber faculty and educators from many countries since it started more than 50 years ago. During this period, the programme has rotated between ISBM schools.

  •     CEIBS - China Europe International Business School, CN           
  •     HEC School of Management, FR
  •     IAE AIX Graduate 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

I owe my professional progress to ITP. As a young teacher in Assam, India, I attended the program in 1982 and it changed my life. The curriculum transformed everything I thought I knew about management education. ITP introduced me to new pedagogical tools and strategies, and it helped me see deeper connections between my teaching and research. Through the program, I also gained greater confidence in the classroom. ITP challenged and inspired me to explore my potential, even as I learned how to help others discover their potential. This is a wonderful program for anyone who aspires to create and share knowledge with impact.
Dipak C. Jain, Dean, INSEAD

This will be the first time that the ITP has been offered outside a Western country. In addition to the many well-established qualities of the ITP, its location in China, the world's most dynamic economy, and at CEIBS, a globally top-ranked, business school, adds a powerful, exciting dimension, while using most of the same international faculty as in previous programmes.

Please take a look at the brochure and send any queries or questions you might have to Aileen Zhang. You can find more info via this web link.

The International Teachers Program© is an intensive faculty-development program dedicated to helping business educators develop suitable skills and capabilities to be successful in their careers. This Programme is beneficial for junior and mid-career faculty who teach business and management at any level: Bachelor, Master, MBA, Executive Education, Ph.D. and faculty development professionals. It is ideal for participants with some prior teaching or coaching experience who are looking to take their capabilities to the next level. ITP has served over 1,500 high-caliber faculty and educators from many countries since it started more than 50 years ago.

Call for Papers: Scientific Advances in Developing Leaders for Today's Complex Environment

ashridgeYou are kindly invited to CRED3, the 3rd Ashridge Centre for Research in Executive Development Conference, that will take place at Ashridge in the UK on 11-13 December 2014.  The conference will bring together academics and practitioners to explore how research from the behavioural sciences can inform our understanding of the process and experience of learning, with the aim of improving the effectiveness of executive development in developing leaders who can prosper in today's complex environment..

Papers are invited on the theme of “Scientific Advances in Developing Leaders for Today’s Complex Environment”. This conference will address one of the developing needs and key priorities in the changing world of executive development. The business environment is growing ever more complex, and the demands placed on executives to deal with this complexity are growing in equal measure. This conference will explore how research in the behavioural sciences can inform our understanding of the process and experience of learning, to help improve the effectiveness of executive education in developing leaders who can prosper in today’s complex environment.

To this end, conceptual, empirical or practice based submissions are welcome on any of the following topics, or any others relevant to the theme of the conference:
  • Exploring the cognition behind learning to improve the way we teach
  • The neurological underpinnings and social processes of executive education
  • Exploiting the neuroplasticity of our brains to enhance our capacity to learn
  • Engaging motivation for reward to improve the effectiveness of learning
  • Applying an understanding of the biology of consumer behaviour to the classroom
  • Moving beyond competence development
  • Methods and processes to accelerate vertical development
  • The social psychology of the classroom experience
  • The impact of personality on learning and interaction in the classroom
  • Understanding the psychobiology and neurology of learning
  • Incorporating experiential learning into programmes and workplace learning
  • The collaborative nature of leadership and implications for development
  • Lessons business schools can learn from our complex and turbulent environment

Papers should include recommendations for implementation in practice. The deadlines for the submission of conference papers are: 25th July 2014 for abstracts and 10th October 2014 for full manuscripts.  Please go here to download the full Call for Papers in pdf format - as well as latest news on keynote speakers.

The conference will interest HR and L&D practitioners, business school faculty and those involved in the design and delivery of executive education, as well as academics undertaking research in the application of the behavioural sciences to the development of leaders.  Please do consult the Ashridge website for full details.

Three New Reports on Organisational Transformation: Detailing Six Capabilities, Seven Habits, and Ten Principles

BCG logoEnabling Big Data: Building the Capabilities That Really Matter. It is no secret that big data offers enormous potential for businesses, however, less understood—and much less put into practice—are the steps that companies can take in order to realize that potential. The Boston Consulting Group experts break down big data into three core components and with each area, two key capabilities have proved essential.

  • Data Usage: Identifying Opportunities and Building Trust. Companies must create a culture that encourages experimentation and supports a data-driven ideation process. They need to focus on trust, too—not just building it with consumers but wielding it as a competitive weapon.
  • The Data Engine: Laying the Technical Foundation and Shaping the Organization. Technical platforms that are fast, scalable, and flexible enough to handle different types of applications are critical. So, too, are the skill sets required to build and manage them. In general, these new platforms will prove remarkably cost-effective, using commodity hardware and leveraging cloud-based and open-source technologies. But their all-purpose nature means that they will often be located outside individual business units. It’s crucial, therefore, to link them back to those businesses and their goals, priorities, and expertise.
  • The Data Ecosystem: Participating in a Big-Data Ecosystem and Making Relationships Work. Big data is creating opportunities that are often outside a company’s traditional business or markets. Partnerships will be increasingly necessary to obtain required data, expertise, capabilities, or customers. Businesses must be able to identify the right relationships—and successfully maintain them.

The entire 16-page report is downloadable for free from the BCG Perspectives website.

The seven habits of highly effective digital enterprises. To stay competitive, companies must stop experimenting with digital and commit to transforming themselves into full digital businesses. This article from McKinsey Insights & Publications highlights seven habits that successful digital enterprises share:MCKinseyquarterly

  • Be unreasonably aspirational: Make someone accountable at board level; create a stretch vision; measure digital value, not digital interactions.
  • Acquire capabilities: Buy scarce talent en masse; hire for digital skills, not industry experience; move into adjacent markets.
  • ‘Ring fence’ and cultivate talent: Protect digital talent from “business as suual”; do not relay on existing HR models.
  • Challenge everything: Do not accept historial norms; question the status quo; create a plan covering every function, product, business unit and location.
  • Be quick and data driven: Continually evolve your value proposition; embrace live testing; create a data-based view of each customer.
  • Follow the money: Create a zero-based tech budget aligned with value at stake; invest across the value chain; scale successes rapidly.
  • Be obsessed with the customer: Learn from every interaction; relentlessly evolve and improve the customer experience.

Ten Principles of Leading Change Management. This article in the strategy+business Summer 2014 magazine offers time-honored tools and techniques to help companies transform quickly and that can help executives navigate transformation in a systematic way: Strategy logo

  • Lead with the culture
  • Start at the top
  • Involve every layer
  • Make the rational and emotional case together
  • Act your way into new thinking
  • Engage, engage, engage
  • Lead outside the lines
  • Leverage formal solutions
  • Leverage informal solutions
  • Assess and adapt

Invitation to International Summer Programme at McGill in Montreal

Desautels logoThis International Summer Program at the Desautels Faculty of Management at McGill runs 2-30 July 2014  and is designed to provide international undergraduate students the opportunity to gain critical North American perspectives on issues of global importance.

The program offers two courses: In Managing in North America, current global  questions are analysed and potential solutions are discussed that correspond to the unique character and needs of the Canadian, American, and Mexican economies. In Global Branding, understanding and appreciation of brands is enhanced and participants develop theories, models, and tools to improve the ability to create and evaluate local and global brand strategies. Each course is worth three McGill credits, equivalent to six ECTS credits, to be approved by each student’s home university.

The McGill campus is located in the heart of multicultural, metropolitan Montreal. As a major cultural and technological centre, Montreal offers students unparalleled opportunities to explore life outside the classroom. Full details about application and registration, as well as FAQ are here.

You may also be interested to know more about the approaches in the International Masters in Practicing Management, IMPM. In this EFMD Global Focus magazine article, Leslie Breitner and Dora Koop explain how the IMPM programme has retained its freshness as one of the world’s most innovative senior management programmes.

Last year in May, the Henry Mintzberg, IMPM & EFMD Special Workshop in Brussels also focused on developing practicing managers and their organisations, and the EFMD upcoming events are here.

Four Ways to Take Global Leadership Development to the Next Level

i4cp logoGlobal Leadership Development: Preparing Leaders for a Globalized Market, the fifth annual collaborative study by i4cp and the American Management Association, explores the current state of global leadership development and uncovers four ways organizations can bring global leadership development effectiveness back on an upswing:

AMA logoImmerse global leaders in local knowledge: A thorough understanding of the cultures and customs of local markets is essential for creating a global leadership development curriculum, building competencies and delivering learning. But this understanding doesn't necessarily need to come via physical immersion in the region. Technology should be leveraged to connect with local experts who can share knowledge about the culture of the region and the customers, for example. Two practices differentiate high-performance organizations from lower-performing ones and both also and link to global leadership development effectiveness. They are:delivery of a consistent global leadership development experience worldwide (7 times as many high-performance organizations do this); and utilization of local resources in development and delivery of the global leadership curriculum (twice as many high-performance organizations do this).

Seek leaders who model collaboration and influence: These skills are brought to bear in teaching employees with diverse learning styles and in leading virtual teams. Both are strongly linked to global leadership development effectiveness. This emphasis on influence follows last year's findings that defined leaders, not by job titles but as those who influence.

Global bolFocus selection on behaviors: Global leadership development selection is best made using objective evidence from those who have observed and documented behaviors related to skills and competencies, as well as the individual's performance track record and the use of behavioral assessments. While the recommendations of senior leaders (64%) or immediate supervisors (48%) are popular methods of selection, they could be viewed as subjective, and neither is linked to global leadership development effectiveness.Objective approaches to selection, such as behavioral assessments or reports from a coach, were found to be linked to market performance and global leadership development effectiveness.

Pull long-term business needs into the mix: Create a global leadership development curriculum based on future-focused skills and competency needs of the business. The 2014 findings confirm also the wisdom of using future-focused practices. These include:
  • determining future key roles (1.5 times as many high-performance firms do this as lower-performing ones)
  • identifying the skills needed for those roles (twice as many high-performance firms do this as lower-performing ones)
  • conducting an internal skills inventory (46% of high-performance firms do this while only 28% of lower-performing ones do)
  • performing an environmental scan to determine if the talent pool is abundant or scarce (just 25% of high-performance firms are doing this, yet it is highly linked to both global leadership development effectiveness and market performance).

The study also found that the input of corporate senior leadership and the organization's board of directors in developing global leadership development curriculum are practices correlated to GLD effectiveness and market performance. Much more detail is available in the full Global Leadership Development: Preparing Leaders for a Globalized Market report.GF12014banner

You may also be interested in these articles from the most recent EFMD Global Focus Magazine:

Hot Jobs for 2014 Business School Graduates

gmacMBAs and other business school graduates on the job market might do well to look beyond traditional sectors to fields such as technology, manufacturing, and healthcare. A global student exit survey taken by the Graduate Management Admission Council in February and March found job seekers in those sectors were more likely to have an early job offer than those searching in larger, more traditional fields such as finance/accounting, products & services and consulting.

Overall, some 57 percent of class of 2014 MBA and other business school graduates seeking jobs had at least one early offer. That’s down slightly from 60 percent in last year’s survey but nearly double the 32 percent who had offers at the same time period in 2010. The survey of 3,049 business school graduates at 111 universities was conducted by GMAC, the non-profit organization that conducts the GMAT exam on behalf of graduate business and management programs worldwide. “This snapshot of the early job market for business school graduates demonstrates that graduate business degrees are useful in a wide variety of careers. While demand remains strong among traditional industries, business school graduates shouldn’t overlook alternative sectors, which are actively seeking MBA and other business school talent,” said Gregg Schoenfeld, GMAC survey research director.

where-the-jobs-are-graphicThe 15th annual Global Management Education Graduate Survey looks at how business school graduates view their programs and offers a snapshot of their early job search and career intentions. A total of 62 percent of the graduating students were involved in a job search, and another four percent were either self-employed or intending to pursue entrepreneurship at graduation. Although salaries vary widely by industry, job level, and work location, the median increase in salary of those with job offers was 80 percent over their pre-degree salary. That’s up from the 73 percent increase reported by business school graduates with early job offers in 2013. Some key findings regarding job sectors for business school graduates:
  • Technology is emerging as a promising sector for business school graduates, as 61 percent of those seeking jobs in the tech industry had job offers, accounting for 15 percent of all students with early offers. In 2010, just 9 percent of students with early offers were in the technology industry.
  • Manufacturing and healthcare/pharmaceuticals may be the undiscovered beaches of the business school job market. Although they account for just 7 percent and 5 percent, respectively, of the students with early offers, students searching in these sectors had the greatest success rate, with 74 percent reporting at least one offer.
  • Consulting is the most popular field for career-switchers, as 27 percent of all career-switching graduates with job offers were in consulting. Among all job seekers, 21 percent of those with job offers are in consulting, on par with 2010 (20 percent).
  • Finance/accounting is the top sector for graduates with job offers who are not switching industries after graduation. Twenty-six percent of all those with job offers were in this sector, slightly higher than last year (24 percent) but still lower than in 2010 (30 percent).
  • Government/non-profit remains a steady sector for business graduates, accounting for 5 percent of the graduates’ early job offers. Some 62 percent of those seeking jobs in government/non-profit had early offers, about the same as last year and five years before.
For far more details, you can freely consult the 24-page Global Management Education Graduate Survey report or for more information, please do contact Tracey Briggs at GMAC.

chowfla FTvideo coverDemand rises for MBAs
The year 2014 promises to be a good one for MBA recruitment. Sangeet Chowfla, president and chief executive of the Graduate Management Admission Council, tells the FT's Della Bradshaw the annual corporate recruiters survey reveals companies are switching from cost-saving to growth strategies and looking to MBAs to help them achieve it: Watch this 4’ video or for more details you can consult for free the 2014 Corporate Recruiters Survey Report (24 pages).

New Curricula for e-Leadership

e leadership bannerFor effective e-leadership, the skills required are seen as those which enable people with very strong ICT skills to lead qualified staff from ICT and other disciplines towards identifying and designing business models and exploiting key innovation opportunities.

This European Commission initiative aims to support the development of e-leadership skills through the strong practical instrument of a curriculum profile and the development of quality criteria that evaluate the programmes provided by higher educational institutions matched to curriculum profiles and demonstrate these at different business schools and universities in Europe. Regional Cluster Events dates and agenda are now online. This should lead to encouraging the development of attractive, adapted, up-to-date educational offers able to increase the supply to the economy of experienced and highly qualified leaders in ICT-based innovation.

A series of 10 regional cluster events on 'e-leadership skills' to take place throughout Europe are currently being organised within the European Commission e-Leadership initiative. These leaders oversee portfolios of both well-defined and emergent innovation opportunities. Successful design and implementation requires developing and engaging highly qualified staff to realise the target value. The initiative has been started against the background that demand is growing throughout European industry to improve the quality of e-leadership, covering organisation leadership in ICT innovation to deliver business value. Research has confirmed a significant shortage of e-leadership skills across Europe - a call for action.

EC EskillsThe first event already took place on 20 May at the New Bulgarian University in Sofia (Bulgaria). Registration is now open for the events on:
  • 3 June at Henley Business School (UK)
  • 4 June at IE Business School in Madrid (Spain) (fully booked)
  • 25 June at Politechnico di Milano (Italy)
  • 17 July at Haus der Bayerischen Wirtschaft in Munich (Germany).
 Details on further events will follow soon:
  • 4 September at Antwerp University and School of Management (Belgium)
  • 29 September at Central European University Business School in Budapest (Hungary)
  • 9 October organized by it-forum and it-vest in Aarhus (Denmark)
  • 6 November organized by CIGREF in Paris (France)

"Empower Your Career Services" at the 2014 EFMD Career Services Conference

Careerservices bannerYou are kindly invited to attend the second conference of the EFMD Career Services Network that will take place on 19-21 November 2014 at Porto Business School, Portugal and that is specifically aimed at directors of career services and business school staff involved in the strategic decisions of career services.

For the 2014 event, the steering committee has designed a very interesting programme around the theme of 'Empower your Career Services'. During the conference, participants will discuss and investigate a broad range of issues related to making strategic decisions in the field of career services such as:
  • Panel discussion: between deans and employers discussing the gap between the expectations of recruiters and the skills students have when graduating
  • Train the trainers: how beneficial could it be for your team to be trained as sales persons?
  • Story telling: how it goes beyond communication and presentation techniques

...and much more. The conference programme is available here. 
After each session, participants will have the possibility to deepen their understanding of the topic by sharing experiences and best practices with colleagues from other institutions.



Please register now through our website and benefit from the early bird fee until 20 June 2014 and make sure your institution is represented at this second EFMD Career Services Conference to discover and discuss the latest trends in career services. 

Numerous networking opportunities will be available throughout the event so you can develop you own community of career service professionals, but please do contact EFMD colleague Virginie Heredia Rosa with any questions or suggestions you may have.

Looking forward to see you in Porto in November!

The Art of Teaching and Learning: Counting Down to the 2014 EFMD Annual Conference

ac14 app

This week in Vienna on 15-17 June 2014, the wonderful new campus of WU - Vienna University of Economics and Business will play host to EFMD’s 2014 Annual Conference.

An App has been created specifically for this conference that can download it on your smartphones through the Appstore/Google Play. The App will enable you to discuss sessions, check the conference schedule, find contacts and speaker information.

Apple store
Google Play

Twitter
The hashtag for the EFMD Annual Conference is #EFMDAC14 so if you wish to tweet before, during & after the event, please use this tag and follow us at EFMD @EFMDnews.

This unique event is designed for all those interested in management education and development. It brings together over 400 EFMD members from all over the world. This year, under the theme "The Art of Teaching and Learning", we will discuss how new technologies have influenced the way people learn and teach, the impact they have on architecture and the design of learning spaces.

Building on Vienna’s musical tradition, we have invited Joshua Jampol, freelance management writer and author of the book “Living Opera” to interview one of the leading figures of the world of music to talk about the leadership skills required to direct music productions and the challenges classical music is facing today. How can classical music productions be adapted to today’s younger audience? How can you modernize classical music without altering its beauty?

wu new campusThe Conference Committee have put together a series of outstanding sessions which include:

  • Designing Learning Spaces: Wolf D. Prix, Founder, COOP HIMMELB(L)AU, Austria
  • MOOCs: how to get started: Vivek Goel, Chief Academic Strategist, Coursera and Santiago Iniguez, Dean, IE Business School.
  • Financial Models for Educational Institutions: Thomas Estermann, Head of the Unit Governance, Autonomy and Funding, European University Association.

Also the smaller workshops groups will give you the occasion to see and discuss best practice examples on an array of themes:

  • Alliances: with Mariëlle G. Heijltjes, Associate Dean & Director Postgraduate Education, School of Business and Economics, Maastricht University; Ali Dastmalchian, former Dean, Gustavson School of Business, University of Victoria and moderated by Stephen Murdoch, Associate Dean International, IESEG School of Management
  • Research Innovation: with Alan Irwin, Dean of Research, Copenhagen Business School and moderated by Christophe Lejeune, Research Advisor, Research & Surveys Unit, EFMD
  • New Technologies & Accreditation: with EFMD Quality Services Associate Directors Martin Schader, David Asch, and Ulrich Hommel

As always, the event will give you numerous networking opportunities, including a Gala dinner at the Hofburg, Vienna’s Imperial Palace in the heart of the city.

We look forward to seeing you in Vienna!

EQUIS Policy Revisions 2014 - Multi-Campus Operations, Collaborative Provision, Institutional Change & Restructuring

equis2013The 2014 revision of the EQUIS documents include three significant changes in the EQUIS Process Manual Annexes, all related to specific features of business school operations.

1. Policy on Multi-Campus Operations (Annex 12)

Many business schools are nowadays spreading their activities across multiple campuses and, in some cases, it is not even clear anymore which campus is to be considered the headquarter (home) campus. Given that quality may differ greatly within a business school’s campus network, the EQUIS process must include a review of the school’s activities at different campus locations, the linkages between them, the degree of managerial and operational independence granted to them and the form of control exercised by senior management. The purpose of the new annex is to ensure that schools in process supply sufficiently detailed information on their campus networks at all stages of the accreditation process.

The new EQUIS policy requires schools to include all of its campuses and provide a detailed description in the Self-Assessment Report with an informative summary added to the datasheet and supporting evidence presented in the base room. The information to be submitted includes: Description of the activity portfolio carried out at each campus location, local resource support, governance mechanisms to control campus activities and to ensure coordination within the campus network, quality assurance, financial performance and risks specific to local operations. Multi-campus strategies, development objectives and performance milestones need to be explained in detail as well. Peer Review Visits may involve several campuses, typically the headquarter campus and the perceived weakest links within the campus network.

For further information, see Annex 12, EQUIS Process Manual Annexes.

2. Policy on Collaborative Provision (Annex 13)

The 2014 document changes serve the purpose of further detailing existing policy. An increasing number of business schools deliver degree programmes in collaboration with partner institutions. The partners may be located in the same country or offshore; they may be academic or non-academic institutions. Degrees may be awarded solely by one of the partners, jointly by several partners (joint degrees) or individually by several (typically not more than two) partners (dual degrees). Collaborative provision is normally regulated by bilateral agreements. Consortium structures can be set up with a portfolio of bilateral contracts or may be formally operated as a joint venture.

Collaborative provision implies that the business school requesting EQUIS accreditation is likely not to fully control the design, delivery and management of the respective degree programmes. It is therefore necessary to assess during an EQUIS review how collaboration is impacting quality and therefore indirectly the EQUIS brand.

The document revisions clarify that some forms of collaborative provision (e.g. dual degree offerings in support of student outward mobility for the School’s main degree programmes) have become a mainstay in management education and are therefore unlikely to warrant special attention under this policy. Off-campus delivery in cooperation with a lesser reputed partner institution definitely will.

The revised policy makes the information requirements more explicit. Schools are required to describe all collaborative activities (including partner institutions) in full as an appendix to the Self-Assessment Report with an informative summary also included in Datasheet. The Base Room must include partnership agreements, policy documents, minutes, (financial) data and any further evidence needed to understand the School’s collaborative activities. Otherwise, the previously established process still applies.

For further information, see Annex 13, EQUIS Process Manual Annexes.

3. Policy on Major Institutional Change and Restructuring (Annex 18)

The existing Policy on Major Restructuring has been modified to clarify its scope and when it is necessary to notify the EQUIS Office. In addition, the potential consequences have been strengthened, all in an effort to protect the EQUIS brand.

The addition ‘Institutional Change’ to the title of this policy reflects the observation that ‘major restructuring’ is in many instances triggered by ‘major institutional change’. The parent of an accredited school may for instance decide to merge the business school with another unit, which can alter governance, autonomy, strategic outlook and operations in fundamental ways. Alternatively, an accredited school may be negatively affected by changes in its economic environment (e.g. departure of a major donor, tightening of student visa regulations), which can eventually serve as a trigger for major restructuring.

The 2014 version clarifies the policy’s intended scope: The policy already applies when it can be reasonably assumed that major institutional change will occur (rather than when major institutional change or the resulting restructuring actually materialise). It also includes instances where institutional change and restructuring are not the result of a deliberate act by the accredited school.

Schools need to notify the EQUIS Office without undue delay in case the institutional change is potentially “major” and then the previously established procedure applies. Failing to submit notification, submitting the notification too late or misrepresenting the institutional change and its consequences can lead to the suspension of accreditation at the discretion of the EQUIS Accreditation Board.

For further information, see Annex 18, EQUIS Process Manual Annexes.

Top Cases on Indian Management Practices and Challenges

Case2013winner logoemerald logoUnique characteristics of Indian management practices and challenges are at the core of this category in the EFMD Case Writing Competition, sponsored Emerald Group Publishing.  

Embrace” is the 2013 winner in the “Indian Management Issues and Opportunities” category. The four cases are written by Mridula Anand and Anand Nandkumar, Indian School of Business and Charles Dhanaraj, Indiana University, both institutions in India.

IndianSoB logoIndianaU logoThe focus is on an innovative idea to solve the problem of a high number of fatalities in premature births in rural India, and the potential for an affordable product. This case series provides an engaging context to understand social innovation. The authors investigate a sequence of critical decisions from opportunity analysis and mrket feasibility study to formulating a competitive strategy and developoing business models for growth. Learning objectives include finding enterprise solutions to solve social problems using technology. Full details are available from the Case Centre.

With the aim of encouraging the writing of case materials, EFMD has been organising its annual Case Writing Competition for many years and this year saw a record number of 258 high quality entries. In the 2013 category “Indian Management Issues and Opportunities” another case was highly commended:
It's not just a cup of 'Tea': Consumer Brand Relationship” written by Renuka Kamath  and Ashita Aggarwal Sharma, S.P. Jain Institute of Management and Research in India.

JPJain logoThis case explores the marketing strategy for building greater brand loyalty on  a national scale in India for Surya Gold tea.  The marketing head of Surya Gold had to better understand how brand loyalty develops and changes over time. The authors focus on understanding consumer attitudes and decision making for tea drinking. Full details are available from the Case Centre. Also the winning cases from the previous years in the “Indian” category are available from the Case Centre. The 2012 for instance winner was “Bayer CropScience in India: Against Child Labor” and two cases were highly commended: “Tata Power: Corporate Social Responsibility and Sustainability” and “Prayas by Sanofi-Aventis in India”. All three cases from 2012 are focused on Social Responsibility Issues.

Please do also consult the full list of winners for all 15 categories,it is on the EFMD website, as well as details for the  EFMD Case Writing Competition in general.

Two New Surveys: Europe's Most Attractive Employers for Students and US College Graduate Employment

attractive employerUniversum presented last week the “Europe’s Most Attractive Employers 2014″ and EFMD wants to congratulate the many EFMD members featured in the list. The top attributes that business students in Europe are looking for in a future employer are:
  • Professional training and development
  • A creative and dynamic work environment
  • Leaders who will support my development
The annual talent attraction index compiles the results of the Universum Student Survey in 12 European countries: Germany, France, UK, Russia, Italy, Spain, Netherlands, Switzerland, Sweden, Norway, Poland and Belgium. The index is divided into two rankings: one based on Business students and one based on Engineering students, representing the preferences of more than 130,000 career seekers across Europe. The survey was conducted between October 2013 and March 2014.

Accenture strategyAlso insights from the Accenture 2014 College Graduate Employment Survey were released earlier this month.  This research reveals that many companies are not providing the talent development and training programs expected by recent college graduates. The Accenture 2014 College Graduate Employment Survey explores the expectations and experiences of US college students who will be graduating in 2014 and those who graduated in 2012 and 2013 related to education, skills, finding a job, salary expectations, debt and post-graduation living arrangements. Findings include:
  • The vast majority of students graduating from college in 2014 (80 percent) expect their first employers to provide them with a formal training program, however, 52 percent of students who graduated from college in the past two years say they did not receive training in their first job.
  • The research also found that nearly half (46 percent) of those who graduated in 2012 and 2013 consider themselves underemployed and working in jobs that do not require their college degrees, up from 41 percent of recent graduates participating in last year’s survey.
The authors also have recommendations for employers to improve hiring and development of entry-level talent, it being essential to maximizing the overall “talent supply chain”. You can download the 6-page insights report or consult the Infographic: What awaits 2014 graduates in the working world? and also view the detailed research statistics from the Accenture Strategy website.

EFMD Launch Business School Impact Survey (BSIS)

BSIS

At the 2014 EFMD Deans & Director General Conference in Gothenburg hosted by the University of Gothenburg, School of Business, Economics and Law, EFMD officially launched BSIS - Business School Impact Survey.

Prof Eric Cornuel, CEO & Director General of EFMD said, "BSIS is a vital addition to the EFMD portfolio of services as it provides a process and tool to capture the value that a school brings to a defined region. It is a service for any business school anywhere in the world that is interested in collecting key statistical data on its impact. Once collected this information can then be used both internally and externally with key stakeholders to widen the debate about "the role of business schools in society" and showcase the enormous added value and impact they bring to a community."

The BSIS scheme identifies the tangible and intangible benefits that a business school brings to its local environment. For example, a school spends money in its impact zone; it provides jobs and pays salaries that are partially spent in the zone; and it attracts faculty and students from outside the zone whose expenditures contribute to the local economy. Beyond this measurable financial impact, a school contributes to the life of the community in numerous ways. Its faculty generate new business creation through entrepreneurial projects and support local business needs through professional training. Its students are a source of dynamism in the life of the region and are a valuable talent resource when they graduate. A business school also provides an important intellectual forum for the introduction of new ideas in a wide variety of social, cultural and political areas of concern within a region. Last but not least, it contributes to the image of the city or region.

"Demonstrating the many ways in which they add economic and social value to the environment in which they operate has become a challenge for business schools. To meet this demand for greater accountability, BSIS is an effective tool to help schools identify, measure and communicate all the positive contributions they make to the world around them," added Prof. Gordon Shenton, Senior Advisor, EFMD.

At a time when all organisations, public or private, are being held accountable for their activities, there is a need to demonstrate the impact that they are having on their immediate environment. This is particularly the case when they are financed or politically supported by local stakeholders.

"From my experience of BSIS in seven French Business Schools (La Rochelle Business School, IAE Lyon, Groupe ESC Troyes, Audencia, IAE Grenoble, EM Normandie and Toulouse Business School) the first benefit of BSIS was unexpected, as the process significantly raised the awareness within the school of the importance of its impact on the Region. The second major benefit from going through the BSIS review was it substantially improved communication with all of the key stakeholders of the Business Schools," said Michel Kalika, Senior Advisor, EFMD.

The BSIS scheme was initially designed by FNEGE (the French National Foundation for Management Education) and is already well established in the French higher education arena. The BSIS process has been adapted for an international audience and is now offered in a joint venture between EFMD and FNEGE as a service to EFMD members in any part of the world.

If you would like further information or are interested in your school taking part you can visit www.efmd.org/bsis or please contact: Gordon SHENTON: gordon.shenton@efmd.org, Michel KALIKA: michel.kalika@efmd.org or bsis@efmd.org

EFMD is Delighted to Announce the Winners of the 2013 EFMD Case Writing Competition

CaseWriting-Award ecch

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.

EFMD Awards EPAS Accreditation to Programmes at Sheffield, TUM & SHFM

The EPAS Accreditation Board has recently awarded the EPAS quality label to the following programmes: epaslogo13

  • Sheffield Business School, Sheffield Hallam University, UK for its programme (set)*:
    MSc International Business Management
    BSc Programme Set: BSc (Hons) Hospitality Business Management, BSc (Hons) International Hotel Management, BSc (Hons) Tourism Management

  • TUM School of Management, Technische Universität München, Germany
    Bachelor of Science Technology and Management (TUM-BWL)

  • Higher School of Finance and Management, Russian Presidential Academy of National Economy and Public Administration, Russia
    Master of Science in Financial Management

The following 9 programmes have also been re-accredited:

  • Lomonosov Moscow State University Business School, Russia
    Bachelor of Management

  • School of Business Administration, Al Akhawayn University in Ifrane, Morocco
    Bachelor of Business Administration

  • Groupe Sup de Co La Rochelle, La Rochelle Business School, France
    IECG - International Bachelor
    ESC - Master in Management

  • Higher School of Finance and Management, Russian Presidential Academy of National Economy and Public Administration, Russia
    MBA Finance

  • HEC Management School University of Liege, Belgium
    Master in Management Sciences
    Doctoral Programme

  • CIIM - Cyprus International Institute of Management, Cyprus
    MBA and Master In Public Sector Management Suite

  • Faculty of Economics and Business, University of Zagreb, Croatia
    Bachelor Degree in Business

Quotes from the Schools
"It is our students who really benefit from this accreditation through an international market recognition of our high quality business and management programmes. It gives Sheffield Business School greater potential for cross-border recognition by national quality agencies and other EPAS-accredited institutions. The accreditation process particularly focuses on academic rigour, the quality of the student experience, the level of business engagement, the international dimension of the programme, and linkages with alumni and their career progression."
Professor Adrian Hopgood, Pro Vice-Chancellor and Dean, Sheffield Business School, Sheffield Hallam University

“EPAS has helped us to strengthen the unique profile of our bachelor in management and technology. We used the EPAS accreditation process to make the high quality of our programme more visible to the international community.”
Prof Gunther Friedl, Dean of TUM School of Management

The EPAS process considers a wide range of programme aspects including:

  1. The market positioning of the programme nationally and internationally
  2. The strategic position of the programme within its institution
  3. The design process including assessment of stakeholder requirements – particularly students and employers
  4. The programme objectives and intended learning outcomes
  5. The curriculum content and delivery system
  6. The extent to which the programme has an international focus and a balance between academic and
    managerial dimensions
  7. The depth and rigour of the assessment processes (relative to the degree level of the programme)
  8. The quality of the student body and of the programme’s graduates
  9. The institution’s resources allocated to support the programme
  10. The appropriateness of the faculty that deliver the programme
  11. The quality of the alumni and their career progression

EPAS was launched in 2005 and in 9 years has had a considerable impact on the quality of business schools programmes all over the world. As of Feb 2014, 84 accredited programmes from 63 institutions in 27 countries that have been awarded EPAS accreditation. 25% of the total are (E)MBAs, 32% are Masters, 29% are Bachelors, 2% are Doctoral Programmes and 12% are non-Bologna country-specific programmes.

For more information on EPAS visit www.efmd.org/epas

GSE / EFMD Global Focus Collection Now Available in the SOL Library

solSpecialist publishers and partners of EFMD, Greenleaf Publishing and GSE Research have launched a new online collection of books and journals in sustainability, CSR, corporate governance, ethics, environmental policy and management, and related fields.

The collection also includes the GSE/EFMD Global Focus collection that contains over 100 papers focusing on sustainability, social responsibility, and business and executive education.

Containing almost 400 volumes, the Sustainable Organization Library (SOL) gives instant access to an international collection, for use in study, research and executive education. The books and journals in SOL have never previously been available as a collection, and many have never been available at all digitally.

The Sustainable Organization Library also includes subscriptions to Greenleaf’s Journal of Corporate Citizenship, and Business Peace and Sustainable Development journals, and draws on material from a number of international publishing partners. More information is available at www.greenleaf-publishing.com/sol

Greenleaf Director John Peters said: “There has never been a more pressing need to bring sustainability into business practice and management education. This can’t be seen as ‘nice to do’ any more – it’s must do.”

“Sustainability is one of the key issues for the 21st century – this is an exceptional collection that will be of great value to business schools, companies and NGO's all over the world,” said Prof. Eric Cornuel, CEO & Director General, EFMD.

SOL is available to buy outright, or on an annual subscription, and is hosted on the well-established IngentaConnect platform. SOL operates under the simple and straightforward SERU (Shared e-Resource Understanding) licence created by NISO, the US National Standards Institute, with no digital rights management (DRM) restrictions. This makes SOL available to all members of an organization.

In the SOL collection, each chapter or paper– more than 5,000 – is tagged individually, so users can easily find individual items that are relevant to them.

Professor Simon Mercado, Associate Dean at Nottingham Business School commented: “This is a welcome innovation for all of us committed to responsible leadership values and sustainability-related research and education.”

Greenleaf Publishing was launched 21 years ago following the first Rio Earth Summit in 1992 and now has representation in the USA and India, as well as publishing offices in Leeds and Sheffield, UK. Greenleaf is an independent publisher, which works in partnership with many international organizations including EFMD and PRME, the United Nations Principles for Responsible Management Education.

To review our book titles, or if you are interested in writing for Greenleaf, go to our site www.greenleaf-publishing.com.

Free trials of the SOL collection are available to all EFMD members. To request a free trial, please forward this to your institution’s librarian. For more information, email sales@greenleaf-publishing.com or john.peters@greenleaf-publishing.com. Or contact Greenleaf Publishing, Aizlewood’s Mill, Nursery Street, Sheffield S3 8GG, UK; telephone +44 114 282 3475.

Free Participation for Students in the Global Marketing Competition 2014

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Free Participation for Students in the Global Marketing Competition 2014

ESIC in collaboration with Santander and EFMD are running the 19th world edition of the Global Marketing Competition. The Competition is an advanced computer simulation of a real life business environment.

Although marketing in nature, the game requires the players to take decisions in all the areas of managing a company, from production and logistics, through research, investment and finance to advertising, promotion and distribution.

The competition is open to teams from across the world and it is free for all students to take part. We would be delighted to see your organisation participating in an initiative which aims at strengthening the links between the academic and business communities across all borders.

Find out how your school and students can take part at www.globalmarketingcompetition.com

  • 19th year
  • 81 participating countries
  • Students from more than 850 Universities and Schools of Business from 5 continents

Register Now - Free for all students - the closing date for entries is the April 24th.

Find out more by visiting www.globalmarketingcompetition.com or www.facebook.com/globalmarketingcompetition

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Counting Down to the 2014 EFMD Deans & Directors Conference

The 2014 EFMD Deans & Directors General Conference is fast approaching and will be hosted by the University of Gothenburg, School of Business, Economics and Law in Sweden next week on the 30-31st Jan. ddm2014pic

This year’s conference will cover topics such as:

  • Integrating sustainability and what this means for business education;
  • Are business schools preparing graduates with competencies linked to sustainability?
  • The hot topic of MOOCs will be explored in detail;
  • The relationship between corporations and business schools: are they really working?
  • Reflections on business education in general: does business education have a need for more innovation, is it relevant;
  • Interdisciplinary programmes, how a school can best link disciplines to its advantage, etc.

This is a unique global meeting that allows Deans to exchange, discuss and share their own experiences with their peers from around the world.

The conference will be chaired by Christopher Earley, Dean, Krannert Graduate School of Management, Purdue University, US and speakers include:

  • Sustainability – Corporate Perspective - Tom Johnstone, President and CEO, SKF AB, SE

  • Panel Discussion on The Role of MOOCs
    Provider perspective: Simon Nelson, CEO, Futurelearn, UK
    Pedagogical perspective: Paul Stacey, Senior Project Manager, Creative Commons, USA

  • Swedish Corporate Perspective
    Olaf Persson, President and CEO, Volvo, SEAnd many more…

For the opening panel on Thursday 30 January, Adrian Wooldridge, Management Editor and 'Schumpeter' columnist from The Economist will reflect on the changing business education landscape, the role and purpose of business education and highlight some of his key concerns for the industry. The session and Q&A will be moderated by Johan Roos, Dean and Managing Director, Jönköping International Business School, SE.

2014ddm iTunes google play

The full programme is here and there is still time to register online. If you have any questions please contact Delphine HAUSPY delphine.hauspy@efmd.org

EQUIS & EPAS Accreditation Seminars in Paris

We hope that you will join us in Paris to find out more about EFMD accreditation and the many benefits the accreditation process can bring to your school. The EQUIS & EPAS Accreditation Seminars will be hosted by the EDHEC Business School – Paris Campus, on Thursday 20th and Friday 21st of March 2014.

Accreditation benefits include:paris

  • Information for the global education market on the basis of substance
  • International recognition of excellence: international development
  • Mechanism for international benchmarking with the best
  • Sharing of good practice and mutual learning
  • Agenda for quality improvement and future development
  • Acceleration of quality improvement in international management education
  • Legitimacy to internal and external stakeholders that you have a strong international reputation (donors, alumni, government) and that your school meets the high standards of the best business schools in the world
  • Become part of a network of top schools to develop relationships with fellow EFMD accredited schools for research, exchanging best practices on programmes, etc
  • International Legitimacy vis-a-vis
    - recruiting international students (especially full-time MBA)
    - creating double degree partnerships
    - forming international exchange relationships
    - recruiting executive development custom program clients
    - recruiting new faculty

Currently there are 144 EQUIS accredited schools and 82 EPAS accredited programmes at 62 business schools around the world.The Seminars are targeted at institutions considering applying for EQUIS or EPAS accreditation, those holding active eligibility or accredited Schools wishing to get a better understanding about the systems. They are relevant for Deans and Directors, Associate Deans, Directors of major programmes, Directors of External Relations and Accreditation Officers. EQUIS and EPAS Peer Reviewers are also encouraged to attend in order to receive an update on recent process developments within the EFMD accreditations.
 
The Seminars will focus on the following aspects:

  • Interpretation and Practical Application of the Standards and Criteria equisepasedafdiagram-1
  • Understanding the Key Stages of the Accreditation Processes
  • Preparing an Effective Self-Assessment Report and Peer Review Visit
  • Presentation of the EQUIS & EPAS Documents

Ample time will be allotted for participants to raise issues of particular concern to them. Attending the Seminars also represents a great opportunity to interact with other representatives of the EQUIS and EPAS networks.

An introduction to EDAF – EFMD Deans Across Frontiers, will also be presented. EDAF is a mentoring system that can help Schools in their preparation of EQUIS and/or EPAS accreditation.

The seminars will be led by Prof. Michael Osbaldeston, EFMD Quality Services Director and Prof. Christian Delporte, EFMD Business Schools Services Director.

Registration for the seminars will be online shortly. if you would like to provisionally reserve a place you can email Veronique Roumans.

Find out more about EQUIS, EPAS and EDAF.

Invitation to all EFMD member schools to compete in the ‘mai Bangkok Business Challenge® @ Sasin 2014’

Sasin2014Advocating sustainable development, the ‘mai Bangkok Business Challenge® @ Sasin 2014’ cordially invites graduate student team(s) from EFMD member schools to submit a business plan that is proactive in sustainable development.

Held annually since 2002, originally as the Bangkok Business Challenge®, the ‘mai Bangkok Business Challenge® @ Sasin’ competition has been co-hosted since 2007 by the Market for Alternative Investment (mai), Thailand’s Stock Exchange for medium-sized public companies, and Sasin Graduate Institute of Business Administration of Chulalongkorn University - the first and only AACSB and EQUIS accredited business school in Thailand. In 2008, this competition was launched globally, becoming Thailand’s first and only global new venture plan competition, accepting 63 entries from 20 countries last year.

A full list of past entries is archived on our website: www.bbc.in.th.

The following teams won H.M. the King of Thailand’s Award at the ‘mai Bangkok Business Challenge® @ Sasin’ in the following years:
2013: Latis Energy, Queensland University of Technology, Australia
2012: Corrosion Solutions, University of Oregon, U.S.A.
2011: Siam Organic, Sasin Graduate Institute of Business Administration of Chulalongkorn University, Thailand
2010: Indirect Imaging, Rice University, U.S.A.
2009: Immeasure, Technical University of Denmark, Denmark
2008: Immutell, Aarhus School of Business, Denmark.

For the ‘mai Bangkok Business Challenge® @ Sasin 2014’ competition, student teams from throughout the world are being invited to compete for $114,000 in prizes and awards, with the grand winner also receiving H.M. the King of Thailand’s Award.

This is a unique opportunity for your students to challenge themselves against teams of students from many of the best academic programs in the world by entering the ‘mai Bangkok Business Challenge® @ Sasin 2014’ competition, with this prestigious event promising to provide an unforgettable and invaluable learning experience for all the participants.

We strongly urge your participation and ask that each student team complete and submit an application form (with a Summary Business Plan), available on our website: www.bbc.in.th, during November 7, 2013 and December 30, 2013. For further details please or if you have any questions please email - contact@bbc.in.th

Last Chance to Join the 2013 EFMD Career Services Conference - Special Guest Speaker - Edurne Pasaban

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2013 EFMD Career Services Conference - Special Guest Speaker - Edurne Pasaban

There is still time to register for our first EFMD Career Services Conference that will take place on 20 - 22 November 2013 at IE Business School, Madrid, Spain.

careeropportunitiesThere is still time to register for our first EFMD Career Services Conference that will take place on 20 - 22 November 2013 at IE Business School, Madrid, Spain.

The conference is aimed at persons in charge and responsible for taking strategic decisions in the field of career services.

We are delighted to announce that the remarkable Spanish mountaineer Edurne Pasaban will lead a plenary session during the conference on Personal Development. On May 17, 2010, Edurne became only the 21st person and the first woman to climb all of the fourteen eight-thousander peaks in the World. Her first 8,000 peak had been achieved 9 years earlier, on May 23, 2001, when she climbed to the summit of Mount Everest.

"Conquering the 14 eight-thousanders in the world has taught me the keys to lead a project successfully. My ​​expeditions have trained me as a mountaineer, as a person and as a team leader. During my session I will tell my story and offered a personal analysis that can be applied to any activity that demands high performance and team management".

Click here to have more information on the conference and the programme.

Please register now and join peers from business schools around the world including IE Business School, HEC Paris, Stockholm School of Economics, Queen's School of Business, Shanghai University, Vlerick Business School, UBC Sauder School of Business, Aarhus University, WHU - Otto Beisheim School of Management, SDA Bocconi/ Bocconi University, BI Norwegian Business School, Maastricht University, Leeds University, Wits University Graduate School of Business Administration, Porto Business School.

Numerous networking opportunities will be available throughout the event so you can develop you own community of career service professionals.

If you have any questions or require further information please contact Virginie HEREDIA-ROSA virginie.heredia-rosa@efmd.org. We look forward to seeing you in Madrid in November!

EFMD's Global Focus - See the Future

See-the-Future

This is the 21st issue of the magazine since it was launched in January 2007, so we can, to some extent, claim that Global Focus has “come of age”.

Global Focus was conceived as a way of improving communication between the EFMD and its members. But it was always regarded as something rather more sophisticated than a simple PR tool. It was seen as a forum for lively debate and information on the major current issues of management education and a way for EFMD to formulate, consolidate and share policy on the basis of its European underpinning and its increasingly global outreach and vision.

It has played a full part in the work of EFMD, publicising and reporting on meetings and conferences and providing background briefings and interviews with key speakers as well as, for example, explaining the development of policy in key areas such as accreditation.The seven years covered by these 21 issues have, of course, been among the most volatile and disruptive in the long history of management education. And their effects have yet to become totally apparent.

Global Focus has worked hard to keep up with these developments though a wide range of articles and features that particularly address the key issues facing EFMD member organisations. Many of the sector’s best-known and most effective thinkers and players have contributed articles or shared their thoughts in interviews.

The latest issue is no exception and features:

  • The future is out there
    Andrew Crisp reports on a major new study that explores the future challenges facing business schools

  • International Deans’ Programme 2014
    Gain unique insights into the multiple roles of deans of business and management schools in a cohort of around 20 participants from around the globe

  • Preparing leaders for tomorrow’s businesses
    The world is changing so fundamentally that business leaders who act as if the old rules still apply will find themselves and their organisations side lined or overtaken completely. However, say Thomas Malnight and Tracey Keys, those who adapt to this new world will be well placed to make the most of the opportunities it will offer

  • Moving on from Rio
    Last year’s Rio+20 UN summit may have been something of a disappointment but there were still some significant and positive outcomes say Anthony Buono, Jean-Christophe Carteron and Matthew Gitsham

  • Coping with complexity
    Personal resilience is an increasingly necessary tool to face the stress of a complex work environment. Fiona Dent and Viki Holton describe what it is and how to attain it

  • Employers still in love with MBAs
    Management education is increasingly valued by companies worldwide, according to the 2013 Corporate Recruiters Survey. Christophe Lejeune and Michelle Sparkman Renz report

  • The disappearing classroom
    Michael Desiderio describes how new technology is knocking down the walls of the Executive MBA for business leaders

  • PhDs and DBAs: two sides of the same coin?
    Laura Maguire, Elena Revilla and Angel Diaz look at the differences (and even more the similarities) between the traditional PhD programme and the newer Doctor of Business Administration

  • The IMPM innovations and teaching approach
    The International Masters in Practicing Management (IMPM) programme is 18 years old but continues to be seen as one the world’s most innovative senior management degree programmes. Leslie Breitner and Dora Koop explain how the programme has retained its freshness for so long

  • Accreditation – how to get it right
    María Helena Jaén outlines how to make the accreditation process as pain-free and rewarding as possible

  • Walking the talk: managing a management school
    It is one of the oldest and most common complaints – management schools are great at giving good advice to others but themselves rarely practise the management skills they preach. But it can be done. Loick Roche and Sabine Lauria explain how

  • ACE project offers new opportunities
    The new EFMD-backed Alliance of Chinese and European business schools (ACE) offers new opportunities for mutual understanding and increased co-operation says Martine Plompen

  • Soft skills in the business and personal world
    George Pennington provides a psychologist’s perspective on why training in soft skills is vital for business (and personal) life

  • Planting the seeds of change
    Lea Stadtler and Gilbert Probst describe how the Ethiopia Commodity Exchange came into being and the lessons it holds

  • More EQUAL than others?
    The European Quality Link (EQUAL) is one of the less well-known bodies in which EFMD is involved but is also one of the most innovative and long-standing. Irina Sennikova explains its role

Every issue of Global Focus is available digitially via this link.

We are always pleased to hear your thoughts on Global Focus, and ideas on what you would like to see in future issues. Please address comments and ideas to Matthew Wood at EFMD: matthew.wood@efmd.org

EFMD Global Focus Special Supplement: 2013 Excellence in Practice Winners

GF-EIP 13

This Special Supplement of Global Focus features the winners and highly commended entries of the 2013 EFMD Excellence in Practice Awards (EIP). The EIP Awards are one of the most prestigious accolades available for both executive development providers and client organisations alike.

 For over five years now companies have been facing a difficult economic climate. It is an environment that increases the risk of focusing on reactive rather than proactive measures, thus limiting the options to rather drastic and short-term interventions. It also means the steady development of organisational capabilities and culture become a luxury in the minds of executive fire-fighters trying to save what is possible in what seems an irreversible decline.

In these critical circumstances support functions in general, and HR development more specifically, are frequently subject to scrutiny and efficiency targets. Their role in analysing and framing issues proactively becomes secondary to supporting existing services and processes with reduced resources.

Intriguingly, all the cases – not just the winners – in the Excellence in Practice Awards competition are going against the tide and focusing on effectiveness and impact in their development projects. And all were successful in bringing an investment focus to learning and development.

The cases also provide interesting reading with respect to the creativity and elasticity of the partners in coping with the pressures and challenges mentioned above.

New formats of risk sharing, mutualising the commitment and inventive partnership constructions have been presented to the competition jury, which more than ever congratulates all contestants on their professionalism, persistence and ingenuity.

As always, we hope the featured cases in this Global Focus supplement will inspire further debate and action. eipaward2013

This year the five category winners were:
 
Award for Organisational Development Category:
EDF & Toulouse School of Economics
“Corporate Turnaround: Focusing, Aligning and Building for Success”
By David Jestaz (EDF Corporate University for Management) and Thomas-Olivier Leautier (Toulouse School of Economics)

Award for Executive Development Category:
Groupe Danone & London Business School
“Danone Leading Edge Program – A Leadership Odyssey”
By Thierry Bonetto (Groupe Danone) and Linda Irwin (London Business School)
 
Award for Talent Development Category:
Atos & HEC Paris
“Developing Atos Future Leaders? GOLD, a Tailor-made Curriculum”
By Valérie Caillaud (Atos) and Christine Baldy Ngayo (HEC Paris)

Award for Professional Development Category:
Danske Bank Sweden & Stockholm School of Economics IFL Executive Education
“Pathway to Premium - Creating Investment Advisors at Danske Bank”
By Lisa Nyberg (Danske Bank) and Kristina Nilsson (SSE IFL)
 
Special Cases Award:
Galician Automotive Cluster (CEAGA) & CEAGA’s Corporate University
“Management & Development of New Products Programme -Training for Change on the Automotive Sector”
By Pedro Pineiro and Carla Jiménez (CEAGA´s Corporate University) and Alberto Cominges (Fundación CEAGA)


Highly Commended Cases:

  • DB Schenker Logistics & Ashridge Business School
    “Transforming Individual Lives and Organisational Culture for a Sustainable Future”
  • Royal DSM & The Wharton School of the University of Pennsylvania
    “Royal DSM Executive Leadership Program”
  • Airbus Military & IESE Business School
    “Empowering Internal Talent to Innovate”
  • IBM & Northeastern University
    “X-SELLerate:  A Professional Development Program for IBM Client-facing Professionals”
  • Repsol & BTS
    “PRISMA – Health, Safety and Environment Leadership”
  • Greater Manchester Chamber of Commerce & Lancaster University Management School
    “Lancaster LEAD: Transforming Leadership and Management in UK SME’s”

The supplement features articles on the 5 winning cases and the Executive summaries of the highly commended papers. Click here for a link to download your copy now or view the issue digitally here.

The 2014 Excellence Practice Awards and now open and you can find out everything you need to know about submitting a case here.

1st EFMD Global Network Americas Annual Conference: Registration Now Open

 
EFMD is happy to inform you about one of the first activities of the EFMD Global Network Association, an key EFMD partner: The EFMD Global Network Americas Annual Conference.
 
The event will be held at Escola de Administração de Empresas de São Paulo da Fundação Getulio Vargas (FGV-EAESP) on 27-29 April 2014 in São Paulo, Brazil.

The EFMD Global Network Americas Annual Conference has been designed for all those interested in management education and development with a particular interest in the Americas. It brings together EFMD Global Network members, companies, educational institutions and other associations.

Maria Tereza Leme Fleury – FGV- EAESP Director will chair the conference.

 Sessions will focus on understanding Brazil and Latin America as well as exploring trends on management education in the Americas with Gustavo Herrero, Executive Director, Harvard Business School Latin America Research Center; David Saunders, Dean, Queen’s School of Business, Queens University and insights from recent GMAC research.

Executive education and the corporate perspective will be discussed for the different regions of the Americas as well as the role of business schools in addressing change.

In-depth explorations are planned to focus on:

  • The challenges in the North American market:  learning from the SKEMA experience
  • South America as a region of opportunities: examples and reflections on different types of partnerships
  • Unique business school models from Latin America
  • EFMD accreditation and mentoring in the region

Further information about the programme and registration is available here.

The EFMD Global Network Association is a network of business schools, universities and corporations with more than 600 members in Europe and worldwide. The EFMD Global Network aims to develop relationships among higher education institutions and works towards improving the quality of management education worldwide.

If you have any questions or require further information please contact us by email saopaulo@efmdglobal.org

EFMD Awards EPAS to Nottingham Business School

EFMD-Awards-EPAS Nottingham

EFMD would like to warmly congratulate 

Nottingham Business School, Nottingham Trent University, UK : BA (Hons) International Business who have recently been awarded EPAS accreditation.

Melanie Currie Head of Undergraduate Programmes at NBS said, "We are delighted to have achieved EPAS accreditation for our International Business Suite of Programmes, as the course team have carefully crafted the content, delivery and international aspects of this programme to offer an exceptional international experience for our students."

Baback Yazdani, Dean of NBS added, "The process of EPAS accreditation has been extremely valuable to the School and we are delighted to have achieved the 5 year accreditation which provides an excellent platform for us to build upon."

The EPAS process considers a wide range of programme aspects including:

  1. The market positioning of the programme nationally and internationally
  2. The strategic position of the programme within its institution
  3. The design process including assessment of stakeholder requirements – particularly students and employers
  4. The programme objectives and intended learning outcomes
  5. The curriculum content and delivery system
  6. The extent to which the programme has an international focus and a balance between academic and managerial dimensions
  7. The depth and rigour of the assessment processes (relative to the degree level of the programme)
  8. The quality of the student body and of the programme’s graduates
  9. The institution’s resources allocated to support the programme
  10. The appropriateness of the faculty that deliver the programme
  11. The quality of the alumni and their career progression

EPAS has established itself as EFMD's Programme Accreditation system, next to the well-known EQUIS system, EFMD’s institutional accreditation service.  The feedback from the market has been tremendously positive, which is clearly reflected by the EPAS numbers after only 7 years of regular operation. Currently we have 82 accredited programmes from 62 institutions in 27 countries. 26% of the total are (E)MBAs, 31% are Masters, 28% are Bachelors, 2% are Doctoral Programmes and 12% are non-Bologna country-specific programmes.

For more information on EPAS visit www.efmd.org/epas

EFMD and Management Education in Africa

The interesting thing about Africa is that it is a living laboratory of the global world. There is growth potential, an abundance of natural resources but also developmental challenges as well as disparity and inequality. Derick de Jongh - based at the University of Pretoria in South Africa - believes that the continent is on the verge of a huge explosion of growth but he is worried that sustainability may get lost in the process. In African Futures - a recent Global Focus magazine article he says: “We need to challenge the basic foundation of the theory of for Upretoriainstance economics, or marketing or finance. That takes guts, courage, a very open mind – almost a new breed of faculty”. He feels optimistic about the future in that there is a huge desire and demand for improved education at all levels across the continent and business education and development can and must play a critical role in moving the continent forward.

How can African business schools best serve the often unique needs of African businesses and people? Moustapha Mamba Guisassy gives an example in “Management in Africa”.  After elaborating on internal and external factors in the changes processes, he illustrates how IAM in Senegal established a school-community partnership. The efforts include modules on African anthropology and sociology, Fulani and Mandingo languages for business, research on entrepreneurship and immersion and incubation projects.


With the aim of encouraging the writing of case material, EFMD has been organising its annual Case Writing Competition for many years. The 2012 cases related to Africa included:

  • The “Ethiopia Commodity Exchange” case documents the establishment of a transparent and efficient commodity exchange in Ethiopia. The authors also explore the balancing act between the private and public interests in this partnership.

  • “Nuru Energy” is a social venture providing lighting solutions to 800 million poor people without access to the electricity grid in sub‐Saharan Africa.  The case describes the challenges of growing a social enterprise in Africa with a dual role – making a profit and a social impact.

  • The “Beauty of Sorbet” case covers a chain of beauty salons targeting upper income women in South African metropolitan areas with a strong focus on branding.

  • The “Black Rhino” case deals with the creation of a market for legalized black rhino hunting covering elements of Creative Capitalism and Stakeholder Theory and including all its polarizing and contradictory elements.

IAMlogoEconomic growth on the African continent and the demand for local managers backs the need for raising the level of African Business Schools. Following conferences in Cape Town and Nairobi, EFMD is very pleased to go to Senegal for the fourth edition of 2013 EFMD Africa Conference which will take place from 13-15 November 2013, hosted by Groupe IAM - Institut Africain de Management in Dakar, Senegal. Traditionally attracting over 100 participants from around the globe, a variety of corporate and academic speakers will provide input and lead discussions around the theme of “Entrepreneurship and Management Education in Africa: are we miseducating our students?.

The New Frontiers of Executive Development

exed2013pictureCome and join us at the 2013 Executive Development Conference hosted by the Stockholm School of Economics IFL Executive Education on 9-11 October (Stockholm, Sweden) to explore “The New Frontiers of Executive Development”

This conference will explore the changing and evolving models of partnership between L&D providers and companies. In a fast changing world there is no longer a clear-cut provider-customer relationship but a co-creation, co-design and/or co-deployment partnership. This becomes even more challenging in situations where budget pressures require achieving more with less.

The 2013 EFMD Excellence in Practice Awards (EiP) winning cases - which were recently selected by an international jury panel - will also provide live inputs to the debates.

Join this unique dialogue where key participants of a new emerging ecosystem come together and provide perspectives from different angles: Corporations, Business Schools, Executive Development Centres and Consultancies.

Register now to join peers from Allianz; Atos; BP; CEAGA; Danone; Danske Bank; EDF; Rabobank; Raiffeisen; Repsol; Santander; Sberbank; Siemens; Volvo; IESE Business School; Rotman School of Management, University of Toronto; Melbourne Business School; Koç University; The American University in Cairo, School of Business; Duke Corporate Education; HKUST Hong Kong University of Science and Technology.

Click here for the complete programme.

REGISTER ONLINE now as places are limited. 

We look forward to seeing you this fall in Stockholm for what we are sure will be a highly stimulating and exciting EFMD Executive Development Conference. if you have any question or require further information please contact Delphine Hauspy.

See The Future - A Brave New World For Business Education

see future 2013

See The Future - A Brave New World For Business Education

A new survey on the future of business education suggests demand from students and employers is growing for a more sustainable, international and technological future.

A Brave New World For Business Education - Money Or Fulfillment, China Or Chicago, Sustainable or Shareholder Value, on Campus or Online?


A new survey on the future of business education suggests demand from students and employers is growing for a more sustainable, international and technological future.

With much uncertainty in business education during the global financial crisis, CarringtonCrisp, supported by EFMD and ABS, launched the See the Future research study to better understand some of the key issues in business education over the next few years.

Andrew Crisp, one of the authors of the See the Future report commented “Students are embracing change faster than business schools. Many of the changes have been accelerated by the global financial crisis, vast growth in international study and rapid adoption of new technologies. The generation entering business schools today have grown up with digital technology, it’s a core part of their lives, they expect it to be part of education and understand it offers the opportunity for lifestyle learning”.

Working with 37 business schools CarringtonCrisp conducted an online survey that attracted 5365 respondents from 137 different nationalities. Some of the key findings are set out below.

Value of a business education

  • More students value a business education to get a more fulfilling job rather than a more highly paid job

Business in society

  • Over 70% agree that business models need to change to better engage with society
  • More than 81% agree that business needs to be about more than just maximising shareholder value
  • However 8% of prospective undergraduates disagreed that business leaders should behave ethically at all times

Sustainability, ethics and corporate social responsibility

  • More than 80% of respondents agree that ‘sustainability and ethics should be embedded in all business education programmes’
  • Just under half of all respondents agree that ‘schools that don’t teach sustainability, corporate social responsibility and ethics should be ranked lower than those that do’
  • Over 60% of respondents agree that ‘business schools should run projects to give back to local, national or international organisations and communities’

Internationalism

  • While the USA and the UK remain the most popular destinations for international study, Singapore and China are on the rise, ranking 4th and 6th respectively with many respondents
  • More than 30% of respondents choose a international study destination because they are ‘attracted by the sporting and cultural profile of the country’
  • Over a third of all managers and directors agree that ‘graduates should learn another language as part of their degree’. 

Technology

  • More than 50% of all prospective students agree that they ‘would not study a business programme in a MOOC’
  • Around half of all managers/directors agree that ‘I am uncertain of what a MOOC offers and how it can be part of a business degree’ and that ‘I would not recruit a graduate who had only studied online’
  • More than 60% of all current students agree that ‘For academics, technology often means little more than using a PowerPoint presentation’
  • Over 70% of prospective and current students and alumni want lifestyle learning, using technology to learn around work and family commitments

Despite the uncertainty and upheaval in business education, between 70% and 80% agree that business is a force for good in society. Demand for business education seems likely to remain strong, albeit with changing content, in different locations, delivered in new formats and with changed outcomes.

Background information
Data was collected for the See the Future study in May 2013.  Respondents were prospective students, current students, alumni and employers. Copies of the full report are available for £360 (+VAT where applicable).  To purchase a copy of the full report email: info@carringtoncrisp.com or purchase by credit card through PayPal on the See the Future page.

For further information, please contact:

Andrew Crisp, CarringtonCrisp
andrew@carringtoncrisp.com, +44 (0) 207 229 7373 or +44 (0) 7802 875260

Matthew Wood, EFMD
matthew.wood@efmd.org, +32 2 629 08 10

Major Disruption Ahead - Global Focus Magazine

Welcome to the latest issue of Global Focus with content that certainly reflects the title. The coverage is indeed global, ranging from stories about China to Senegal by way of America, Canada, France and others. And the focus is acute, centering on some of the key issues facing management education in today’s uncertain world. You can view the full issue digitally here or download the individual articles as PDFs below.

logo_pdf 1. In focus and contents Issue 2 2013 cover

logo_pdf 4. Management Education for the World
A vision for business schools serving people and planet

logo_pdf 6. Challenges and opportunities in the new business education world
Dominique Turpin analyses the issues and forces that are buffeting business schools

logo_pdf 10. Major disruption ahead!
Ulrich Hommel and Christophe Lejeune discuss how technology could change the business model of business schools

logo_pdf 14. Managing complexity: an idea whose time has come
Richard Straub explains why we now need to tackle the complexity of business

logo_pdf 20. Preparing Chinese managers for global leadership
As Chinese business goes global it is time to start training its managers for leadership in a global business world say Jørgen Thorsell, Justin Bridge and Fiona Gardner

logo_pdf 24. Cadres for the common good
The 50+20 vision has ignited a flame that illuminates a path towards the future of management education. John North describes the latest steps on the journey

logo_pdf 28. Fuelling business growth through coaching and mentoring – the Swiss Re approach
The long-lasting financial crisis challenges the business case for corporate learning. Andrew Rutsch suggests that re-insurance group Swiss Re’s business-focused emphasis on coaching and mentoring may be one way forward

logo_pdf 32. Business school evolution: media insights and the future outlook
Gillian Goh, Michelle Lee and Howard Thomas examine the way the media has reported the business school “industry” over the past 20 years and what the future might hold

logo_pdf 38. Giving students the best in international education
John Oldale explains how Canada’s University of Victoria’s business school turned the search for a more international MBA into a new type of graduate programme

logo_pdf 40. Liberal education key to business success
A new form of business education that links business competences with a grounding in liberal arts and sciences is essential argues a new book. John Johnson reports

logo_pdf 44. The looming leadership gap
David Altman and Roland Smith of the Center for Creative Leadership analyse why both developed and emerging economies may well suffer a leadership gap at all levels of business

logo_pdf 48. A French debut in America
French business school SKEMA is opening campuses around the world, including a unique venture on the American mainland. Pascal Vidal details the how and why

logo_pdf 52. Management in Africa
How can African business schools best serve the often unique needs of African businesses and peoples? Moustapha Mamba Guirassy gives one example from Senegal that may serve as a guide

logo_pdf 56. UN PRME and emerging economies
Business schools from emerging economies need to embrace UN PRME, argues Umesh Mukhi, and suggests some ways they could do it

logo_pdf 60. Risk management ante portas
Ulrich Hommel and Anna Pastwa present the results of the EFMD Risk Management survey and argue that most business schools have just begun to look at this issue more seriously

We are always pleased to hear your thoughts on Global Focus, and ideas on what you would like to see in future issues. Please address comments and ideas to Matthew Wood at EFMD

EFMD Excellence in Practice Awards 2013 - Congratulations to the Winners

eip winners2013

EFMD Excellence in Practice Awards 2013 - Congratulations to the Winners

EFMD is pleased to announce the Winners and Highly Commended Cases of the EFMD Excellence in Practice Award 2013.

"Once again the EIP Awards have drawn out some outstanding cases that illustrate the value and impact of successful partnerships in Learning & Development. Providing an environment that helps to engage and develop people and enhances skills is an essential component for any company. All of the winning cases and highly commended cases clearly show that investing in people is not a luxury; it is a key strategic asset for business success if done well," said Dr. Richard Straub, Director of Development at EFMD.

EIP Winners 2013

Organisational-Development  Executive-Development  Talent-Development  Professional-Development  Special

Category: Executive Development
  • Groupe Danone & London Business School
    “Danone Leading Edge Program – A Leadership Odyssey”
    By Thierry Bonetto (Groupe Danone) and Linda Irwin (London Business School)
    logo pdf Executive Summary
Category: Talent Development
  • Atos & HEC Paris
    “Developing Atos Future Leaders? GOLD, a Tailor-made Curriculum”
    By Valérie Caillaud (Atos) and Christine Baldy Ngayo (HEC Paris)
    logo pdf Executive Summary
Category: Professional Development
  • Danske Bank Sweden & Stockholm School of Economics IFL Executive Education
    “Pathway to Premium - Creating Investment Advisors at Danske Bank”
    By Lisa Nyberg (Danske Bank) and Kristina Nilsson (SSE IFL)
    logo pdf Executive Summary
Category: Organisational Development
  • EDF & Toulouse School of Economics
    “Corporate Turnaround: Focusing, Aligning and Building for Success”,
    By David Jestaz (EDF Corporate University for Management) and Thomas-Olivier Leautier (Toulouse School of Economics)
    logo pdf Executive Summary
Category: Special - Network Partnership
  • Galician Automotive Cluster (CEAGA) & CEAGA’s Corporate University
    “Management & Development of New Products Programme -Training for Change on the Automotive Sector”
    By Pedro Pineiro (CEAGA´s Corporate University) and Alberto Cominges (Fundación CEAGA))
    logo pdf Executive Summary

EIP Highly Commended 2013

Category: Executive Development
  • DB Schenker Logistics & Ashridge Business School
    “Transforming Individual Lives and Organisational Culture for a Sustainable Future”
    By Monica Behrens (DB Schenker Logistics) and Stefan Wills (Ashridge Business School)
    logo pdf Executive Summary

  • Royal DSM & The Wharton School of the University of Pennsylvania
    “Royal DSM Executive Leadership Program”
    By Marcin Skarbon and Chris Van Steenbergen (Royal DSM) and Catherine L. Hawkes and Jane H. Farran (The Wharton School, University of Pennsylvania)
    logo pdf Executive Summary
Category: Talent Development
  • Airbus Military & IESE Business School
    “Empowering Internal Talent to Innovate”
    By Javier Matallanos and María Jesús Navarro Veroz (Airbus Military) and Marta Elvira, Alfonso Sanz and Ana Vinambres (IESE Business school)
    logo pdf Executive Summary
Category: Professional Development
  • IBM & Northeastern University
    “X-SELLerate:  A Professional Development Program for IBM Client-facing Professionals”
    Berverly Ward (IBM) and David Abdow (D’Amore-McKim School of Business, Northeastern University)
    logo pdf Executive Summary
Category: Organisational Development
  • Repsol & BTS
    “PRISMA – Health, Safety and Environment Leadership”
    By Celia GallegoQueipo (Repsol) and Marta Zaragoza (BTS)
    logo pdf Executive Summary
Category: Special
  • Greater Manchester Chamber of Commerce & Lancaster University Management School
    “Lancaster LEAD: Transforming Leadership and Management in UK SME’s”
    By Clive Memmott (Greater Manchester Chamber of Commerce) and Eleanor Hamilton (Lancaster University Management School)
    logo pdf Executive Summary
The winners and highly commended cases were short-listed by an international jury-panel and the winning partnerships will be presented during EFMD's Executive Development Conference hosted by the Stockholm School of Economics IFL Executive Education, Stockholm, Sweden on the 9-11 of October.

For more information visit www.efmd.org/eip.


Quotes from the Winners

"We are grateful & proud to have been granted this prestigious EFMD award. It is recognition for the challenging & inspiring approach we have dared to take together with our trusted partner London Business School, to make the "Leading Edge program" sustainable & impactful over time, while reinvented every year. It is also an encouragement for the Danone L&D team, to continue to explore new horizons in learning & leadership development, to support business growth, people growth and the nurturing of our culture".  Thierry BONETTO, Group Learning & Development Director, Danone

EFMD Awards CLIP Accreditation to ArcelorMittal, BBVA & PSA

EFMD-Awards-CLIP

EFMD Awards CLIP Accreditation

The Corporate Learning Improvement Process (CLIP) is a unique accreditation run by EFMD that focuses on identifying the key factors that determine quality in the design and functioning of corporate universities and learning organisations.

We are delighted to announce that ArcelorMittal, BBVA - Banco Bilbao Vizcaya Argentaria and PSA Peugeot Citroën have recently received CLIP accreditation and join the CLIP community which also includes:

The CLIP accreditation was an important achievement given the complexity of our organization. We are proud of the official recognition for the quality of our work so far, which will also strengthen our position internally. At the same time the peer review report gives also clear indications on the way forward, how to further improve and bring more structure into our learning landscape. The CLIP accreditation has certainly given a new momentum to the global roll out of ArcelorMittal University.Christian Standaert, General Manager, ArcelorMittal University

CLIP will help us to be positioned on the same level of excellence as other global organizations that like BBVA have long-standing learning models, with high standards of quality and rigorous, dynamic and high impact organizational learning management models. Organizations that are CLIP certified reflect excellence in its learning model and meet the quality standards in the more rigorous learning management values. Therefore, it is an honor for Campus BBVA to have obtained this certification and to have been recognized as a best-practice reference in the learning industry. The accreditation process has given us the opportunity to conduct a rigorous internal analysis,  that has pointed out not only our strengths but also  the areas for improvement that we must promote as a unit that supports our business in the achievement of its goals and our professionals in their development. This is the recognition of a sustained continuous effort of many people in the last years; people that are aligned with BBVA’s values that have committed firmly to the people as the center of the organization, and to their learning and development as differential elements.
Ignacio de La Vega Garcia, Chief Learning Officer, BBVA

The assessment process covers all the essential dimensions of the corporate university’s deployment within the company: the alignment of its mission and operational objectives with corporate strategy, the effectiveness of its governance and internal management systems, its ability to address key issues of concern to the business units, the programme design process, the overall coherence of the programme portfolio, the quality of delivery and the impact of the corporate university’s activities upon individual and organisational learning.

The CLIP initiative draws extensively on EFMD’s successful EQUIS accreditation scheme for business schools and universities. Internal self assessment against a set of rigorous standards drawn up by leading members of the corporate learning community is combined with external review by experienced peers.

Richard Straub, Director of Corporate Services who leads the CLIP process at EFMD believes the whole experience delivers a great deal of added value to an organisation. “In the past corporate universities and training centres have either flourished or failed because of how they are perceived internally. Gaining CLIP accreditation has helped to establish the credibility and internal recognition of the corporate university and gives a corporate university something tangible it can show to its board.”

For more information on the CLIP process visit - www.efmd.org/clip

Vision 2020 Video Contest Winner Announced

And the winner is ................vision2020



Global Business Education Cloud System in 2020

Danyang Li, Solbridge International Business School, Korea




EFMD, Babson and the Robins School of Business would like to congratulate Danyang Li and her team for the winning submission. They have been invited to attend the EFMD Annual Undergraduate Conference that will take place at the St Petersburg Graduate School of Management, St Petersburg, Russia to share their ideas with a network of undergraduate programme directors who are part of the EFMD community of business schools.

We would also like to highlight the entries from Christian Janisse, Odette School of Business; Alejandra Vasquez, Universidad Externado de Colombia & Jan Natividad Schulich School of Business - York University that we all Higly Commended by the Jury.

Finally we would like to thank everyone who entered as there were some fabulous ideas that will be debated in much more detail at the Undergraduate Conference later this year. All of the video submissions can be found online at http://www.efmdvision2020.org/

EFMD Awards EQUIS Accreditation to McGill University

McGill University

EFMD Awards EQUIS Accreditation to McGill University

EFMD would like to warmly congratulate the Desautels Faculty of Management at McGill University in Canada who have recently been awarded EQUIS accreditation. The faculty and management at Desautels are commended for their commitment to excellence.

equis2013EFMD would like to warmly congratulate the Desautels Faculty of Management at McGill University in Canada who have recently been awarded EQUIS accreditation. This takes the number of accredited schools to 142 across 39 countries.

“Over the past years, the Desautels Faculty of Management has undergone a significant transformation, such as the redesign and creation of innovative international programs, the expansion of the professoriate, significant investments in career services, and major building renovations, just to name a few. Our students are truly among the very best in the world and our alumni continue to have a hugely positive influence in both business and society around the globe. We want to build on these strengths to become a top-10 business school in the world by 2020. The strategic review process required by EQUIS has helped our Faculty solidify the objectives and strategies that will help us get there,” said Prof. Peter Todd, Dean of the Desautels Faculty of Management.

Prof. Michael Osbaldeston, the EFMD Director of Quality Service added, "We are delighted to welcome the Desautels Faculty of Management at McGill University into the global community of EQUIS accredited schools. Accreditation from EFMD is one of the best and most complete ways to certify the 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 faculty and management at Desautels are commended for their commitment to excellence.

There is a wide mis-conception that accreditation is about box ticking and conforming to certain standards but this is completely off the mark with accreditation from EFMD. EQUIS is about excellence and continuous quality improvement linked to the strategy, vision and leadership of the business school. It is also forward looking and helps a school set a quality agenda for the future. None of the rankings, stars, Palmes, voting systems, referrals etc come close to the quality assessment process involved in going through EQUIS accreditation. If you are a student, parent, recruiter or have an interest in business education then the first and most important credential to look for in a school is does it have accreditation from EFMD."

The benefits of accreditation include:

  • Information for the global education market on the basis of substance
  • International recognition of excellence: international development
  • Mechanism for international benchmarking with the best
  • Sharing of good practice and mutual learning
  • Agenda for quality improvement and future development
  • Acceleration of quality improvement in international management education
  • Legitimacy to internal and external stakeholders that you have a strong international reputation (donors, alumni, government) and that your school meets the high standards of the best business schools in the world
  • Become part of a network of top schools to develop relationships with fellow EFMD accredited schools for research, exchanging best practices on programmes, etc
  • International Legitimacy vis-a-vis - recruiting international students; creating double degree partnerships; forming international exchange relationships; recruiting executive development custom programme clients; recruiting new faculty
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

EFMD Open House - Quality Services Information Session - Cape Town

stellenbosh1EFMD is organising a Quality Services Information Session in Cape Town, South Africa, hosted by the University of Stellenbosch Business School. The session will be given by Professor Michael Osbaldeston, Director of Quality Services, EFMD.

The EFMD Open House - Quality Services Information Session will take place on Friday, 2 August 2013.

Participants will have the opportunity to learn more about EFMD and its activities around the world.

equisepasedafdiagram-1The session is designed for institutions that have little or no knowledge of the EFMD global network and its quality services porfolio. The information session will provide a basic introduction to  EQUIS (EFMD Quality Improvement System), EPAS (EFMD Programme Accreditation System) and EDAF (EFMD Deans Across Frontiers development system) and the underlying concepts of accreditation, mentoring and quality improvement. Special emphasis will be put on two of EFMD’s systems: EPAS and EDAF. The information session will be relevant for Business School Deans or their delegates with responsibility for quality assurance and/or accreditations. This is highly recommended for any School that wants to learn more about EFMD membership, accreditation and development.

After the information session, participants will have ample time for questions and also have the opportunity to discuss individually the services which EFMD offers. If you wish to schedule a face-to-face meeting with Professor Osbaldeston in the afternoon of the 2 August please contact marielle.vanrenterghem@efmd.org. This is highly recommended for any School that is considering applying for EFMD accreditation or development systems and the extra knowledge acquired during the session will be helpful in this process.

Do not miss the opportunity to explore EFMD and its accreditation and mentoring systems. The programme of the session, practical information and online registration form is available here. Find out more about the EDAF, EPAS & EQUIS.

2013 Emerald / EFMD MENA Management Research Fund Award

emerald logoEmerald and the EFMD are pleased to announce that the deadline has been extended for their Middle East and North Africa (MENA) Management Research Fund Award.

The closing date for receipt of applications is now 1 December 2013.

The Prizes
There will be one award of £2,000 (or currency equivalent) for the winning research project, and two awards of £500 each for highly-commended runners up, to fund or part-fund these projects. The winner will be invited to receive their award at the 2014 EFMD Conference in the MENA Region and will receive a complimentary delegate pass. In addition to the research fund it is also hoped that once the research is completed its findings can be published in one of Emerald’s many excellent management research titles.

The main member of the research team must be based in a MENA country. For the purposes of this award, MENA countries are defined as: Algeria, Bahrain, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, West Bank, Gaza, Mauritania, Sudan, Turkey and Yemen.

For further information and details of how to apply please visit the webpage below: http://www.emeraldinsight.com/research/awards/mena_man.htm

This award represents a fantastic opportunity for researchers to gain significant financial support as well as international recognition. Please pass this message on to anyone else that you feel may be interested in applying.  If you have any questions regarding the award please do not hesitate to contact either:

Emma Stevenson, Emerald Head Office, UK
E-mail: estevenson@emeraldinsight.com
Tel: +44(0) 1274 785198

or Inês Proença, EFMD
E-mail: ines.proenca@efmd.org
Tel: +32 2 629 08 10

EFMD Call to Participate in a Pilot Network Supporting Virtual Internships

ProvipWhat is a virtual internship?

International internships are gaining more and more importance in the context of the internationalization of higher education and globalization of our (professional) world. Traditional international work placements, where the learner travels abroad to the company, are not always feasible for all students because of financial, geographical, social or other reasons. For those physical placements abroad that do happen, there are also a number of difficulties to overcome, mainly related to a lack of communication between the student, the foreign company and the institution for higher education.

Virtual mobility and ICT-supported interaction can help address these issues. There are always three stakeholders involved in an international internship: the higher education institution, the student and the receiving company or organization. ICT-supported activities can be used to facilitate the interaction between these stakeholders. When the interaction between a student and a company is mainly ICT-supported, this is classed as a virtual placement.

The European project EU-VIP looked into the conditions for success when integrating virtual mobility in international internships. All of the results are available via www.euvip.eu.

The project noted that international internships are mostly the result of individual relationships or actions, while - for successful virtually supported placements - a structured implementation and collaboration between higher education institutions and companies is desirable. These issues are now being addressed in the follow-up project PROVIP (“Promoting Virtual Mobility in Placements”, 2012-2014), http://www.provip.info. This project is aimed at creating an international network of companies and study programmes in the fields of marketing, IT and engineering, interested in offering international internships to students, vip2supported or facilitated by virtual mobility. The whole internship process (before, during and after) will be supported through an online platform.

Who are we looking for?
We are looking for companies or their departments of marketing, IT and engineering willing to be part of this pilot network and its innovative approach towards international internships. We are also looking for study programmes in the same fields that can provide mature students who can work independently.
 
What can you expect from us?

For companies
  • An additional international pool of candidates for an internship
  • Contacts with higher education institutions from all over Europe, active within study fields related to your sector
  • A network that can serve as a bridge towards foreign markets, other languages and business cultures
  • Development of the online platform based on your needs and current practices regarding (international) internships
  • Input of extensive knowledge in the field of virtual mobility
For business schools and HEIs
  • An additional offer of virtual or virtually supported international internships to your students
  • Contacts with companies from all over Europe, active within sectors related to your study field
  • A possibility to further internationalize your curriculum and work on the intercultural competences of your students
  • Development of the online platform based on your needs and current practices regarding (international) internships
  • Input of extensive knowledge in the field of virtual mobility
What do we expect from you?
  • To promote your internships via the platform or to promote to your students the international virtual or virtually supported internships in addition to your “traditional” internships
  • Active participation in and use of the platform by the internship supervisor
  • To assist in platform evaluation
Timing?
  • June 2013: input of information about your needs and practices regarding internships
  • September / October 2013: short training session about the use of the platform
  • October 2013 – June 2014: pilot run of the network and platform, during this period evaluative input will be asked of the participants twice.
If you are iInterested to know more or to get involved, please contact Boriana Marinova at boriana.marinova@efmd.org.

New Strategic Alliance of Chinese and European Schools

On the 31st of May in Angers, France, ESSCA School of Management inaugurated the new Alliance of Chinese and European Business Schools (ACE). Twenty universities and colleges areACElogo2 the founding members of the alliance, which is under the patronage of EFMD.

Already since 2012, Wei Shen (Associate Dean for China at ESSCA) and Chong Li (Director EFMD Asia) have been combining efforts to create this important project.

The sharing of experiences and exchanges around the internationalisation and the future development of teaching and research are the keystones," says Catherine Leblanc, Director General of ESSCA Group.

On May 31st, the inaugural ceremony was held in the presence of

  • Yansheng Ma, Minister Counsellor for Education, Chinese Embassy in Paris
  • Stéphane Chipponi, Sous-Préfet of Maine et Loire
  • Professor Cheng Siwei, Dean of the Chinese Academy of Sciences Management School (former Vice-President of the National People's Congress of China)
  • Prof. Eric Cornuel CEO & Director General of EFMD

"For over 40 years EFMD has been involved in raising the standards of management education around the globe. Through accreditation, conferences, seminars and research EFMD has been a key element in the internationalisation of business education. All of the ACE Alliance partners are active members of EFMD and we wholeheartedly support this initiative and give it our full support," said Prof. Eric Cornuel, CEO & Director General of EFMD.

ACE will focus on academic excellence and the synergy between research and education in order to better prepare the next generation of executives. High-level representatives of the 20 schools finalised the ACE consortium agreement in parallel Deans’ forum discussions.  Planned activities include the establishment of a joint programme under the ACE label, exchanges of professors and students, projects and research conferences and the development of international skills modules. The initiative is closely linked to EFMD activities, whilst the commitment to quality improvement is assured. Already in the first year, ACE will provide a symposium on research and will lay the foundations for the first batch of students for a joint programme.

The ACE Founding Members are, under the patronage of EFMD:

•    Antwerp Management School (Belgium),
•    Beijing Jiao Tong University (China),
•    Chinese Academy of Sciences (China),
•    EBS Business School (Germany),
•    ESSCA School of Management (France),
•    Gothenburg University (Sweden),
•    Harbin Institute of Technology (China),
•    Hong Kong Polytechnic University (Hong Kong),
•    Leeds University (UK),
•    National Tsing Hua University (Taiwan),
•    Northwestern Polytechnic University (China),
•    MIP Politecnico di Milano (Italy),
•    Rotterdam School of Management, Erasmus University (Netherlands),
•    Shanghai University of Finance and Economics (China),
•    Southwestern University of Finance and Economics (China),
•    Universidade Catolica Lisbon (Portugal),
•    University of Ljubljana (Slovenia),
•    University of Macau (Macau),
•    VSE University of Economics Prague (Czech Republic),
•    Xiamen University (China).

For more information on the ACE Alliance, please contact Wei Shen wei.shen@essca.fr or Chong Li – chong.li@efmdasia.org

2013 EFMD Higher Education Research Conference (HERC) – Key Insights and Outlook

highereducationresearch2013The 2013 HERC that took place in Paris Dauphine University on May 23-24th was a great success, concluded Prof. Ulrich Hommel. With more than 50 scholars participating, 20 competitively selected papers and 5 keynote speeches, this second edition of HERC has confirmed the role EFMD can play as a catalyst in the field of research.

“Since its creation, the Higher Education Research Conference was conceived with a long term perspective to stimulate research on and around business schools and higher education institutions. This is an important initiative for EFMD and we are fully satisfied with the achievements so far”, said Prof. Eric Cornuel, CEO & Director General of EFMD.

Of remarkable insights were the conference’s keynote speeches. Prof. Jordi Canals delivered a talk on the impact of business schools on society. He insisted that there are nowadays new dimensions of impact that have to be taken into account (social innovation, job creation, fighting poverty, etc.) as well as long term challenges that he structured around the purpose of Business Schools, their intellectual foundations and their governance.

Then, Prof. Andrew Pettigrew presented a major research project he is undertaking on the present and future of the business school professionariate and the changing rules of the game. Finally, Prof. Hellen Hazelkorn introduced a more macro research policy perspective in the conference, by explaining how higher education had moved from elite-based education to a mass-production model, therefore challenging the idea of the university as an “ivory tower”. Thinking of higher education as part of an “eco-system”, Prof. Hazelkorn talked about some major current trends for more co-production of knowledge, engaged scholarship and demonstration of impact.

In his closing remarks, Prof. Andrew Pettigrew, Chair of the Research Steering Committee, was pleased to announce that Stockholm University School of Business will be the host of next year’s conference, which will also take place in May.

Full details on the 2013 conference can be found here. More information concerning the 2014 conference will be available later in the year.

White Paper: MOOCs - Massive Open Online Courses

moocsMOOCs are on the Move: A Snapshot of the Rapid Growth of MOOCs

A White Paper by Dr Lindsay Ryan - January 2013

What are MOOCs
MOOCs are Massive Open Online Courses and they are rapidly changing the game for higher education, executive education and employee development generally. MOOCs offer free online courses covering a growing range of topics delivered by qualified lecturers from some of the most well-known universities in the world. In this age of lifelong learning, MOOCs are a means of providing learning and development to virtually everyone, anytime, anywhere in the world with internet access.

This paper presents a snapshot of current developments in MOOCs, noting that MOOCs have really only gathered momentum in the past year and are constantly developing and evolving almost on a weekly basis.

Background
The original concept for a MOOC came from academic research in the early 1960s with the idea that people could be linked by a series of computers to listen, discuss and learn about a particular topic. Now, continuous development in technology has become the enabler for virtually everybody in the world to have access to a broad and diverse range of education and learning topics.

MOOCs provide free online courses that enable people with an interest in a selected topic to study and learn through interaction with others also interested in the same topic. Other participants could be from the same organisation, city or region, learning together with people from other organisations, cities, regions and countries from around the world. MOOCs are the internet equivalent of distance education and there could be 1,000 or 100,000 participants in a single course.

MOOCs create the opportunity for vast numbers of people across the world to access learning through quality courses, content and lecturers that most would never have access to. For many people, further and higher education can seem overwhelming or beyond them. MOOCs open a world of opportunity for people in remote areas and developing countries as well as people with aspirations to achieve more with their lives. MOOCs are changing the traditional nature of education mainly being for the affluent and elite to being free and accessible to virtually everybody.

The growth of MOOCs is phenomenal. During the three months from mid-October to mid-January, including the quiet period for learning and development over Christmas-New Year, one major player, Coursera, continued to grow at the rate of 6,900 new participants (Courserians) PER DAY. Anything that grows at such a rate cannot be ignored and Coursera is just one of an increasing number of MOOC providers bringing together a diverse and expanding range of open online courses.

MOOCs started as a form of collaborative online learning with people interacting and learning from each other and being exposed to different perspectives, views and ideas. Over the past year, MOOCs have started to move to the mainstream and increasingly resembling more traditional courses, especially as a significant number of MOOCs are shorter versions of many traditional courses, and often delivered by highly qualified professors and academics whose research and academic expertise underpins the course on a MOOC.

Some of the MOOCs, such as EdX, continually research their courses to better understand how participants learn and explore ways of using the technology to transform and further enhance the learning and online experience for the participantsmoocs1.

Major MOOCs
Coursera (www.coursera.org), established by two Stanford University professors, is currently the biggest MOOC platform providing 212 different courses in such areas as: economics and business, computer sciences, biology, social sciences, music and film, medicine, health, food and nutrition, physical and earth sciences. Coursera has a consortium of 33 of the most well-known and highly regarded universities in the world delivering free online courses including Harvard, Stanford, Pennsylvania, Washington, London, Edinburgh, Toronto and Melbourne.

Udacity (www.udacity.com) has a focus on computer science courses and provides a range of topics from beginner courses to intermediate and advanced courses.

EdX (www.edx.org), owned by the prestigious academic institutions Harvard University and Massachusetts Institute of Technology, draws content from a selection of their highly regarded courses.

Khan Academy (www.khanacademy.org) is a MOOC platform for young learners from kindergarten to Year 12 with courses centred on mathematics and science: biology, chemistry and physics, as well as some elements of economics and history.

FutureLearn (www.futurelearn.com) is the newest significant player reflecting how MOOCs are constantly changing. FutureLearn comprises a consortium of 12 major UK universities including The Open University, which has considerable experience in distance and online education, Birmingham, Warwick, Cardiff, Leeds, Bristol and St Andrews. Their web site is live but the courses and content are still being developed.

In addition, many high profile and elite universities are now offering their standard courses as open courses where people can watch the lectures online and access course slides and materials. To achieve the formal qualification people need to apply and enrol with the respective universities, pay the program fees and satisfactorily complete the assessment requirements associated with each course.

Participating in a MOOC
Participants complete a simple online registration for a course that interests them. They might want to learn more about a particular topic or it could be an introduction to consider a future study option or a possible formal university program or career direction. Each course on a MOOC is open for people over the age of 18 and, with parental approval, young learners over the age of 13. Coursera also asks participants to agree to an honour code that all the homework, quizzes and exams is their own work and that they won’t cheat or do anything that could dishonestly improve their results or dishonestly affect another person’s results.

When registering for a MOOC, participants are advised they are registering for a course and not enrolling with any of the universities delivering the courses. The courses are free and most materials and notes can be down-loaded from the course site. Occasionally other resources are recommended, such as additional books and reference materials for particular courses which can be purchased, but they are rarely prescribed as part of a course. A growing number of MOOCs offer a certificate signed by the lecturer once participants satisfactorily complete the course and there may be a fee for the certificate.

Until recently MOOCs have not provided participants with credit for further or higher education programs. However this is an area many universities are now considering, especially as one university in the US, Antioch University in Los Angeles, has started providing credit for selected MOOCs into specified college courses. Many overseas participants, especially in India, are seeking credit for their studies through MOOCs. While most MOOCs incorporate regular self-tests, projects and compulsory exams, universities are still exploring how participants can demonstrate mastery of a topic in order to be able to grant credit for the MOOC study. The American Council on Education is currently investigating a means of accrediting selected MOOCs for credit towards higher education courses.

moocs2How MOOCs Work
MOOCs allow a single teacher/lecturer to teach thousands and sometimes tens of thousands of participants in a single course delivery. With this size class, there is little participant contact with the lecturers, although some have scheduled times when they join online forums with participants to discuss various aspects of a course or provide further explanation on a topic.

MOOCs are often four to six weeks duration and the course format involves participants watching a series of short videos prepared by the lecturer detailing a particular topic theme for each of the specified weeks of the course. The format uses asynchronous learning so that participants can view the video at times that best suit them as well as their time zone. During each topic there are usually online tests that allow participants to respond and check their understanding of the concept or information presented.

In some courses participants are required to write an essay or more detailed response instead of an online multiple choice exam. In these cases, some MOOCs arrange for participants to forward their papers to five other participants for peer assessment and marking. This approach allows each participant to receive feedback and critique from five other participants. A lecturer may moderate an assessment where the spread of grades is diverse or a particular participant has a reputation for marking harshly.

The key to MOOC success is interaction among participants. Participants have interactive online tests during a course and then they will often post comments in online forums. Some MOOC lecturers try to organise face-to-face study groups in various physical locations or separate online forums for participants to promote learning and understanding through the sharing of ideas, perspectives and experiences with other participants.

MOOCs are based on Connectivism principles where learning and knowledge is created through connecting different people with a diversity of opinions. Technology is the enabler for MOOCs and with the growing use of smart phones and mobile computing, participants can maintain on-going connection with their MOOC class and interaction with other participants when they are at work, home, travelling and at any time of the day.

The Significance of MOOCs
  • MOOCs are accessible to virtually everybody who has access to the internet and the courses are free. This means there is no direct cost for a participant to explore a potential new area of interest or learning;
  • Learning occurs at times and locations that best suit the participant;
  • Participants interact with other people with a shared interest and are exposed to a diverse range of perspectives and ideas that can stimulate reflection and further interest in a topic;
  • Being part of a global class, participants can gain insight into attitudes, ideas, and trends among different populations and countries on a particular topic;
  • The continuing growth in the number of MOOCs will lead to significant choice and options for free online courses. This will allow learning and development to be tailored to the needs and/or interests of each participant;
  • MOOCs open a world of learning possibilities and promote lifelong learning for all those who are interested, able and motivated to participate;
  • Although some critics of MOOCs claim there is a low completion rate for courses, this has more positives than negatives. It means that people are interested in the concept of MOOCs and willing to investigate online learning, which most people would not have experienced previously. It also means that people have the opportunity to explore a topic without being committed to it and incurring significant costs as happens with many undergraduate programs.
  • Those people participating in a MOOC who do not complete a course are not precluding somebody else who wanted to participate but did not meet the selection criteria or cut-off levels.
Implications of MOOCs
Participants:
  • The opportunity to learn something new or completely different from their normal discipline;
  • The opportunity to appraise higher education or a specific topic without the need to apply and enrol with an educational institution and incur course fees;
  • The opportunity to learn through interacting with other participants from diverse backgrounds, experiences and countries;
  • Everybody has an equal opportunity to interact online compared to on-campus lectures which some participants find intimidating speaking or asking questions in large groups;
  • MOOCs could be used as an introduction to certain topics that lead to further study and possibly advanced standing in further education programs, subject to assessment of mastery at a prescribed level. This could reduce the duration and costs associated with completing a formal qualification.
Higher Education Providers:
  • Some higher education providers may see MOOCs as a threat, particular those who regard lectures and course materials as their intellectual property and only accessible to fee paying students;
  • Other higher education providers will see MOOCs as the opportunity to showcase some of their courses and use the MOOCs as a means of attracting new participants to undertake studies;
  • Need to develop a system for assessing student mastery of certain MOOCs and provide credit or advanced standing for participants applying for higher education programs. Participants completing a number of MOOCs and able to demonstrate mastery of the topic also demonstrate commitment to study and are likely to complete formal qualifications;
  • Should promote the environment and resources of their university, student experience and value of the qualification for participants who progress from a MOOC to enrolling in a formal university program.
Industry:
  • Employers could utilise MOOCs as part of the learning and development of employees. Those employees that show real interest, commitment and motivation for certain areas of studying could then be supported by their employer to enrol in further studies in areas relating to their employment and career development;
  • Some organisations and industries could use a series of MOOCs, selecting the most appropriate courses from a number of MOOC aggregators, as a pre-qualification for people applying to work in a particular industry, in addition to or instead of a university degree.
Employee Development Potential
MOOCs provide employers with the opportunity to develop an integrated organisation development plan and tailor a learning and development plan for each employee. Such a plan might comprise:
  • One or a series of MOOCs on topics relevant to each employee’s development needs;
  • Work-based projects that enable employees to learn and immediately apply their learning, which promotes greater understanding of concepts and better retention of the learning;
  • A mentor for each employee to discuss their work-based projects, workplace issues and career development options;
  • TED videos (Ideas Worth Spreading) to stimulate ideas, thinking and discussion within an organisation and/or workgroup;
  • YouTube-Education videos with specific topics and speakers used for employees to watch and then discuss or lead discussions with work colleagues.

The above integrated approach to employee learning and skills development could apply to all employees, from frontline, through supervisor and middle management, up to senior managers and executives.

Final Comment
MOOCs have been described in some circles as the biggest development in education for 200 years. It would appear that MOOCs are a win-win for participants, higher education providers and industry.

However, the unanswered question is: if MOOCs are free how do they pay for themselves? At this stage the universities involved in launching MOOCs seem to be following the approach adopted by one of the most successful companies of the digital age: Google. As identified by Jeff Jarvis, Google banks users, not money. When Google rolls-out a new product they worry about whether they will have users. If they have users, the money will follow (Jarvis, Jeff, (2009) What Would Google Do?, HarperCollins, New York).

About the Author
Dr Lindsay Ryan is Director of Corporate Education Advisers.
Lindsay is a thought leader, adviser and mentor to organisations assisting with organisational development and employee learning that enables organisations to develop their capability and capacity. Utilising leading-edge research, Lindsay assists organisations adopt a strategic approach to their corporate education to ensure employee training and development aligns with their goals and strategic direction. Based in Adelaide, Australia, Lindsay’s work is highly regarded internationally and he is also Visiting Fellow in Corporate Education with Birmingham City Business School in the United Kingdom.

CONTACT DETAILS:
(61) 0418 809 170
Lindsay@corpedadvisers.com.au

EAIR 35th Annual Forum Rotterdam 2013 - Registration Now Open

eairThe EAIR Forum 2013 Rotterdam Forum Programme Committee and the EAIR Executive Board is delighted to hereby inform all colleagues and friends of EAIR and everyone that is interested in EAIR, that the official registration for the 35th Annual EAIR Forum “The Impact of Higher Education: Addressing the Challenges of the 21st Century” is open.

The 2013 EAIR Rotterdam Forum will take place from Wednesday 28 August till Saturday 31 August 2013 at the Erasmus University Rotterdam, the Netherlands.

Please note: The early bird registration deadline is closing on 1 July 2013 so make sure your Forum registration is done in time! For the 2013 EAIR Rotterdam Forum registration form, please go to: EAIR Registration.

For more information regarding the Forum registration, please go to the Conference website. Information about the preliminary timetable, hotels, travel, academic events, social events, tracks and keynote speakers can be found on the 2013 EAIR Rotterdam Forum website.

The Erasmus University is centrally located near the river in one of the most vibrant cities of the Netherlands. Being the main port of Europe, Rotterdam is a multicultural experience with outstanding museums and restaurants and well known for its modern architecture. The Erasmus University itself has a world wide reputation in the areas of economics, business administration and health, strengthened by law, social sciences, history and arts, and philosophy. Students from all over the world follow Dutch and English language bachelor’s programmes as the basis for leading international master’s specialisations at the interface of economics, health and society.

Please visit http://www.eair.nl/forum/rotterdam regularly for the updated news about the 2013 EAIR Rotterdam Forum.

EFMD Annual Conference: Does Management Education Create Impact?

efmd annual conference 2013

EFMD’s 2013 Annual Conference

We invite you to join us in Brussels from 9-11 June for the occasion of EFMD’s 2013 Annual Conference. See how top-level speakers from business schools and companies from all over the globe answer the question: “Does Management Education Create Impact?” 

ac2013Confirmed plenary speakers include:

  • Howard Lurie, Vice President for Content, edX
  • David A. Wilson, President & Chief Executive Officer, Graduate Management Admission Council
  • Soumitra Dutta, Dean, Samuel Curtis Johnson Graduate School of Management, Cornell University
Two sets of breakout sessions will give you the occasion to explore and discuss the following topics:

  • Research
    Mark Jenkins, Director of Research, Cranfield School of Management, UK

  • Executive Education & Corporate Universities
    Philip Healey, Regional Director Belgium, Center for Creative Leadership, BE
    David Jestaz, Director, Corporate University, EDF Group, FR

  • Sustainable Business Strategies to Create Wealth from Less Resources
    Walter R. Stahel, Founder-Director, Product-Life Institute, CH
    Jonathan T. Scott, Senior Lecturer (Chair of Management); Founder and Director, Center for Industrial Productivity and Sustainability, Kozminski University, PL

  • EFMD Accreditation Portfolio
    Chris Greensted, Christian Delporte and Ulrich Hommel, Senior Advisors, Quality Services, EFMD.

The conference will be chaired by Philippe Haspeslagh, Dean of Vlerick Business School and confirmed plenary speakers include:

Please sign up by May 6th to benefit from an advantageous fee. More information about the conference is available via the EFMD website.

We hope to see you in Brussels in June!

EFMD Annual Conference Steering Committee

Henry Mintzberg Workshop on Developing Practicing Managers and their Organisations

henrymThe Henry Mintzberg, IMPM & EFMD Special Workshop will take place on 16th May in Brussels on the theme: "Developing Practicing Managers and their Organisations".

The workshop will be led by led by Henry Mintzberg, Cleghorn Professor of Management Studies, McGill University, Desautels Faculty of Management, CA together with his two colleagues Dr. Leslie K. Breitner, Cycle Director, IMHL and IMPM Programmes and Dora Koop, Director, McGill University Executive Institute.

Do not miss this unique opportunity to discuss new ways to engage in management education and development with academics, training professionals and staff of corporate academies. Join colleagues and peers from business schools including INSEAD, IESE, Rotterdam School of Management, Vlerick Business School, ESCP Europe and Oxford Said Business School as well as corporate representatives from L'Oréal, GDF Suez University, SAFRAN, Eli Lilly and Company, Rabobank and Novo Nordisk.

The workshop will tap into the years of learning from the International Masters in Practicing Management (IMPM.org), founded in 1996, and a family of spin-off programs that have been designed to build on that experience. Picking up where Henry Mintzberg left off in his book Managers not MBAs,, the IMPM has made significant progress in rethinking education and development for people well into their managerial careers.  The pedagogy is built around the belief that managers will invest by building on their own experiences and involves a number of pedagogical innovations such as; managerial mindsets, morning reflections, managerial exchanges, friendly consulting (on managers’ challenges), competency sharing, IMpact teams, and novel seating arrangements.

Participants in this workshop will not only hear about these new ideas but also live them in the design.  To open, they will be asked to share their concerns for management education and development, and to close, they will reflect on the consequences of the day’s learning for their own programmes.

If you have any questions please contact Virginie HEREDIA-ROSA virginie.heredia-rosa@efmd.org

Announcing the Winner of the "Best of the Best" 2012 EFMD Case Writing Competition

case-award2012The winning case from the "Best of the Best" category has now being evaluated by ecch and EFMD is delighted to announce that -

Inclusive Business Models: Planting the Seeds of Change: The Ethiopia Commodity Exchange, Lea Stadtler and Gilbert Probst, University of Geneva, CH 

has been selected as the 2012 "Best of the Best Case Award". Many congratulations to Lea Stadtler and Gilbert Probst from the University of Geneva.

"Our case illustrates the challenging and inspiring journey of establishing an efficient commodity exchange in Ethiopia by means of an inclusive public-private partnership. Given the technological challenges in the country and the deep mistrust of many of the stakeholders involved, this was no easy task. Once the seeds of change had been planted, however, the Ethiopia Commodity Exchange (ECX) experienced a period of strong growth, which, in turn, led to new challenges.

We are really honored to receive the "Best of the Best" category of the internationally well-known EFMD Case Writing Competition. It is also a great timing since it conincides with the creation of our Geneva PPP Center: a university center to serve as a hub and catalyst for PPP-related research projects. Our thanks go to all case stakeholders involved, especially Dr. Eleni Gabre-Madhin, and the reviewers who nominated the case."


Choosing the “Best of the Best” award is always so difficult due to the outstanding nature of all the case involved so we would like to once again congratulate all of the Category Winners.

 2012 Category Winners

  • Corporate Social Responsibility: Novo Nordisk: Managing Sustainability at Home and Abroad, written by Jette Steen Knudsen, Copenhagen Business School, DK and Dana Brown, EMLYON Business School, FR

  • Entrepreneurship: ENVIU: Starting World Changing Companies, written by Luca Berchicci and Giovanna Domingues Sanches, Rotterdam School of Management, Erasmus University, NL

  • Family Business: Bavaria and the Swinkels Family: Brewing a Sticky Brand, written by Benoit Leleux and Jan Van der Kaaij, IMD, CH

  • Finance and Banking: Irish Schools: Sovereign Risk in Social Infrastructure PPP, written by Pierre Hillion and Jean Wee, INSEAD

  • Emerging Chinese Global Competitors: Hard Choices: Best Buy and Five Star in China_Cases A , B and the Industry Note, written by Terence Tsai, Zhu Jianhua and Xu Leiping, CEIBS (China Europe International Business School), CN

  • Supply Chain Management: Danfoss - Global Manufacturing Footprint, written by Torben Pedersen and Jacob Pyndt, Copenhagen Business School, DK

  • Euro-Mediterranean Managerial Practices and Issues: Launch of Durra: Women in Islamic Banking, written by Alexandra Roth and David T.A. Wesley, Northeastern University, US

  • African Business Cases: Nuru Energy (A): Financing a Social Enterprise - Nuru Energy (B): From Breakdowns to Breakthroughs, Filipe Santos and Anne-Marie Carrick, INSEAD

  • Public Sector Innovations: Restoring the British Museum, written by Anand Narasimhan and Jean-Louis Barsoux, IMD, CH

  • Responsible Leadership: VOLTIUM, Inc, written by Eloy del Potro, Juan Carlos Vasquez Dodero, Jose Ramon Pin Arboledas and Guido Stein, IESE Business School, ES

  • Inclusive Business Models: Planting the Seeds of Change: The Ethiopia Commodity Exchange, Lea Stadtler and Gilbert Probst, University of Geneva, CH  

  • MENA Business Cases: Chabros International Group: A World of Wood, written by Paul W. Beamish and Bassam Farah, Richard Ivey School of Business, CA

  • Latin American Business Cases: Veja: Sneakers With a Conscience, written by Oana Branzei and Kim Poldner, Richard Ivey School of Business, CA

  • Indian Management Issues and Opportunities: Bayer CropScience in India (A): Against Child Labor, written by Charles Dhanaraj, Indiana University Kelley School of Business, US, Oana Branzei and Satyajeet Subramanian, Richard Ivey School of Business, CA

We would like to 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 2013 competition will open twoards the end of May. If you would like further information please contact Inês PROENÇA ines.proenca@efmd.org

EFMD Introduces Broader Coverage of Ethics, Responsibility and Sustainability to EQUIS

equis2013The 2013 edition of the EQUIS documents for the first time broadly recognizes the role of business schools as ‘globally responsible citizens’ and as advocates of ethical and sustainable behavior in business and society. ‘Ethics, Responsibility & Sustainability (E∙R∙S)’ has been added as a transversal feature to the EQUIS system implying that these aspects are now covered throughout the EQUIS Standards & Criteria (S&C) – with a dedicated chapter (replacing the chapter on ‘Contributions to the Community’) as well as sections in most other chapters. E∙R∙S is therefore positioned in the same way as ‘Internationalization’ and ‘Corporate Connections’ (see Figure).

Figure: The EQUIS Criteria Framework
equisframe















The approach adopted by EFMD reflects the belief that E∙R∙S is relevant for every aspect of business school management and operations. The starting point for business schools should be to reflect on the role of E∙R∙S in mission, vision and strategy (EQUIS S&C, chapter 1). The adopted strategy should be backed up with clearly defined objectives, specific milestones and adequate resource support. It is further assumed that the strategy is broadly communicated to the various stakeholder groups.

Business schools should integrate E∙R∙S into their educational offerings, which include degree programmes (EQUIS S&C, chapter 2) and non-degree executive education (EQUIS S&C, chapter 6). Reporting should differentiate between offerings dedicated to E∙R∙S and coverage in other programmes. In the case of degree programmes, detailed information should be provided on how E∙R∙S is integrated in programme design, delivery and assessment. It is certainly expected that applicant schools have moved beyond the still widely used approach of simply tagging on an E∙R∙S module to the curriculum with no obvious connection to the programme core. In addition, E∙R∙S should be linked to all facets of student management, which includes recruitment, admissions, scholarships and awards, diversity management, personal development as well as support provided for (extra-) curricular student engagement (EQUIS S&C, chapter 3).

The new standard will challenge business schools to reflect on how E∙R∙S can be mapped into faculty management (EQUIS S&C, chapter 4) and how faculty can be encouraged to integrate E∙R∙S into research & development (EQUIS S&C, chapter 5). Applicants should also present evidence that they are actively contributing to the ethical, responsible and sustainable development of businesses and business practices (EQUIS S&C, chapter 10). Explicit policies should be in place to ensure that E∙R∙S is firmly embedded in the School’s infrastructure management, operations, and administration (EQUIS S&C, chapter 7).

A transversal chapter dedicated to E∙R∙S (EQUIS S&C, chapter 9) represents the anchor of the new standard. It gives Schools the opportunity to summarize their E∙R∙S-related achievements and to report on their contributions to the ethical, responsible and sustainable development of local as well as global communities.

The revised EQUIS documents are operational as of now. Schools in process must ensure that they comply with all E∙R∙S-related changes, which also includes an additional section in the EQUIS data sheet and revised information requirements for the Self-Assessment Report and the Base Room.

Given the holistic nature of the EQUIS framework and the emphasis placed on diversity, business schools will have considerable degrees of freedom in complying with the E∙R∙S standard. The introduction of E∙R∙S should therefore not be misinterpreted as a fundamental questioning of management education as practiced by most business schools today.

In recent years, many EFMD member institutions have adjusted their educational offerings, their research foci and in some cases even their strategic development trajectories to address issues such as global warming, unethical behavior of high-profile managers and business practices perceived to be socially irresponsible. These achievements have largely escaped public attention. With the revised EQUIS framework, business schools are given a more explicit opportunity to document their multi-faceted contributions to E∙R∙S and to achieve recognition for embracing their wider role in society.

If you have any questions or require further details on EQUIS please contact us via equis@efmd.org

The GRLI Announces a Strategic Alliance with EFMD and AACSB International

grliBrussles, Belgium (March 21st, 2013) – Announced today, the Globally Responsible Leadership Initiative (GRLI), has entered into a long-term strategic partnership with EFMD and AACSB International (AACSB). The agreement will see two of the most influential global voices in management education working closely with the GRLI, a network of forward thinking companies and business schools, to focus on an important message: that business and business schools need to work collectively to devote greater attention to developing responsible companies and leaders in the future.

Mark Drewell, CEO of the GRLI said, “Over the past nine years we have learnt a great deal about catalysing change in the complex interface between management education, business and society. This move creates a platform on which we can transform success into significance as we work to scale our impact in partnership with EFMD and AACSB International.”

Eric Cornuel, Director General and CEO of EFMD said “The GRLI, which we co-founded with the United Nations Global Compact (UNGC) in 2004, plays an important role already in providing direction, support, and visibility to what business schools are doing to foster responsibility and sustainability.  However while there has been some initial success, much more remains to be accomplished. GRLI will become the armed wing of our shared ambitions at EFMD and AACSB to accelerate change.”

Commenting on the announcement, AACSB International President and CEO John Fernandes said: “In recent years, the role of business as a sustainable and socially responsible enterprise has risen consistent with the world’s demand for accountability. Through our accreditations and services, AACSB and EFMD are important stakeholders in addressing society’s objectives of sustainability, social responsibility and ethical leadership. This move increases the intensity of our focus in this area, and will enable both organisations to serve our members more fully as they seek to address the challenges of 21st century management education.”

EFMD and AACSB will join GRLI’s current Board of Directors, by each appointing two representatives that will participate in governing decisions. The two organizations will also provide financial support to bolster GRLI’s capacity to achieve its mission.

Detailed  discussions will take place amongst the three organisations over the coming months to turn the agreement into a practical programme. This will include making knowledge and expertise developed by the GRLI accessible to EFMD and AACSB members, as well as participation in GRLI’s pipeline of projects and its various international events.

For further information contact:
Mark Drewell (GRLI) +44 7805 568 493 mark.drewell@grli.org

Editors Notes

About the GRLI (www.grli.org)
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. It’s current projects to support the development of responsible management education are concentrated around the implementation of the 50+20 Agenda, a blueprint of management education in service to society launched at Rio+20 in June 2012.

About EFMD (www.efmd.org)
EFMD is a leading international network of business schools and companies (810 members / 82 countries) at the forefront or raising the standards of management education and development globally. EFMD runs the EQUIS and EPAS accreditation systems as well as the EFMD Deans Across Frontiers programme (EDAF) and is one of the key reference points for management education worldwide.

About AACSB International (www.aacsb.edu)
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,300 educational institutions, businesses, and other organizations in 81 countries and territories. AACSB's mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services.
As a premier accreditation body for institutions offering undergraduate, master's, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB's global headquarters is located in Tampa, Florida, USA and its Asia Pacific headquarters is located in Singapore.

Updates from the ETP in Japan and Korea

logo-etpThe Executive Training Programme (ETP) provides European Companies with the knowledge and skills necessary to overcome business, language and cultural barriers in Japan and Korea, in order to take advantage of the many trade and investment opportunities available with these two countries.

The current cohort of participants have already started their immersions in Japan and Korea following a well-received inception module at the School of Oriental and African Studies in London. The EU ambassadors and delegations, along with Waseda University in Tokyo and Yonsei University in Seoul, have welcomed the participants who are now enjoying intensive language training. The ETP training providers have been chosen for their international recognition and experience. Together with them, the EU ensures that ETP participants are given the very latest information, know-how and skills they need to succeed in Japan and Korea.
 
The European Commission is now seeking new candidates for the ETP 2013/2014 cycle. In order to provide interested candidates and stakeholders with more details on the EU-funded Executive Training Programme (ETP), the ETP team organised a series of webinars. You may view the slides from the webinar here.  You may download the recording and listen to the full webinar here.

The ETP is designed to help you and your company succeed by improving your knowledge of the Japanese or Korean language, cultures and business practices while leveraging EU networks. This infographic summarizes the benefits of participating in the ETP. You can download it here,
www.euetp.eu/sites/default/files/content/infographic/infographic-etp.pdf

The next training cycle of the ETP begins in November 2013. The enrolment is open, apply now via the ETP website: www.euetp.eu

  • The skills I learned through the ETP undoubtedly helped me guide my company towards success in Japan. The programme gave me the tools to do it
    Richard Thornley, President Rolls-Royce Japan Co. Ltd., Japan
  • There are a few things in life which you can put your finger on and say ”this really changed my life.” ETP is one of them
    Vanessa Åsell Tsuruga, Sports Marketing Executive, ASICS Skandinavia Sweden

EQUIS, EPAS and EDAF as a Quality Portfolio

equisepasedafdiagram-1The Quality Services Department at EFMD has provided accreditation services over the past 15 years. These services have the aim of improving management education in Higher Education institutions by establishing internationally agreed standards and assessing institutions against them. Institutions deemed to meet the standards are accredited and thus gain international recognition. EFMD accreditation is recognised worldwide by potential students, employers, other clients, and the media (often being a pre-requisite for entry to rankings). It is the process of striving to meet these standards that leads to quality improvement. The accreditation process is well established and consists of self-reflection and peer review followed by recommendations for improvement and, where appropriate, accreditation.

Beginning in 1997, the EFMD Quality Improvement System (EQUIS) was designed to assess the quality of a business school holistically and to grant accreditation to those that met its exacting standards. These standards cover the school’s governance and strategy, its resources, its faculty and their intellectual activity, its degree programmes and students, executive education and the school’s international focus on the business world. It should be noted that the EQUIS approach is rooted in respect for diversity and EQUIS therefore does not believe in “one best model” for a business school.

In recognition of the fact there are many excellent programmes offered in schools that may not yet be able to achieve EQUIS accreditation, in 2005 EFMD launched the EFMD Programme Accreditation System (EPAS). This is designed to assess in depth the design, delivery and graduate output of any business and/or management degree programme. Such programmes would normally be offered by a business school but EPAS also recognises that many other types of organisations offer business related programmes such as degrees in health or engineering management.

Because of the fact that EQUIS and EPAS between them can only touch maybe 500 schools which is a very small, and top end, proportion of the business schools community, EFMD launched EFMD Deans across Frontiers (EDAF) in 2011. This is a service designed to assist the management of business schools at any stage of their evolution to develop their institution further. By peer review, EDAF evaluates where the institution is currently positioned with respect to its key strategic objectives and it makes recommendations for improvements. EDAF then provides a 3-year mentoring process to assist the institution’s management to achieve its goals, which may include eventual accreditation.qsbrochurecover

The Quality Services Portfolio
The three systems (EQUIS, EPAS and EDAF) are now designed as a portfolio. Each of them is a free-standing quality improvement process dealing with different aspects of an institution. However they are also linked as a potential pathway between systems. For example an institution entering EDAF may either use it as part of its development trajectory or to aim in due course for EPAS accreditation for one or more of its programmes, or perhaps to achieve EQUIS. On request EDAF can provide a gap analysis on the key areas requiring improvement in order to achieve an accreditation.

An institution entering EPAS may just be seeking programme accreditation or it may use it to develop its range of programmes before aiming for EQUIS and it too can receive advice on its readiness for EQUIS as part of the EPAS process (EQUIS gap analysis). Alternatively an EPAS school could instead use the EDAF process to assist it to evaluate its gap to EQUIS accreditation and to receive guidance through mentoring to achieve its goal. In principle an EQUIS school might even wish to have one of its programmes, eg its doctoral programme, reviewed in depth by EPAS. However, this would require a change in the policy agreed by the EFMD membership some time ago that EQUIS schools should not be permitted to undergo EPAS.

Finally EQUIS and EPAS member schools (as part of their own social responsibility) are particularly welcome to sponsor EDAF schools in terms of supplying advisors and mentors and/or funding some of the EDAF costs. With this structure, EFMD and Quality Services offer a coherent portfolio of improvement and development services which are open to the full quality spectrum of business schools or institutions. For further information go to www.efmd.org

Chris Greensted is a Senior Advisor at EFMD. This post is taken from a recent Global Focus article "Peak Performance". The new Quality Services Portfolio Brochure is available here.

See the Future - A New Study About the Future of Management Education

futureIt seems that not a day passes without an article about the uncertain future for higher education.  However, much of this is opinion and crystal ball gazing.  To provide clear direction for any school thinking about the future, CarringtonCrisp, the education market research specialists, working with EFMD, are planning a special new group market research study, titled 'See the Future'. 

Taking part will cost only €800.


The study will provide an overview on the future of management education from the student and business perspective – the role it should play in society, its position in higher education, the value to the potential student, the support it can provide for business and data on key trends in the marketplace. We will question four key audiences: prospective students, current students, alumni and corporates and ask these groups about five key areas:future2

  •     attitudes to business,
  •     the value of a business education,
  •     sustainability and CSR,
  •     internationalisation, and
  •     the role of technology.
And provide reports based on audience, geography and business school, as well as a global view of the market place. The aim is to have at least 100 business schools take part and to capture the views of more than 10,000 respondents.  The study will take place in late April/early May with results from mid-late June.

For further details on how to take part please contact CarringtonCrisp by email at info@carringtoncrisp.com or by telephone on +44 207 229 7373 or Matthew Wood matthew.wood@efmd.org +32 2 629 08 10.

We hope that your school will take part in this fascinating study.

Join us in Madrid for the 2013 EFMD Entrepreneurship Conference

The 2013 EFMD Entrepreneurship Conference

...will take place on 4th - 5th March 2013, hosted by EOI Business School, Madrid, Spain. The theme of the conference is "Empowerment of Entrepreneurs for Growth".

Join colleagues and peers from across the globe for a mix on plenary sessions covering – Social Entrepreneurship, Youth Entrepreneurship & When Entrepreneurship Meets Educators and Students to an arrays of parallel sessions with presentations and cases covering many of the key issues facing entrepreneurs and entrepreneurship education and teaching.


  • Internationalisation Strategies into BRIC Countries - A Comparison of Danish Family and Non-family Businesses
  • Entrepreneurship: from Motivation to Start-Up
  • Venture Philanthropy through New Radical Social Enteprises: An examination of Key Success Factors
  • Is Entrepreneurship a Determinant of Economic Growth?
  • Creating Social Entrepreneurial Opportunity: Preliminary Findings
  • Designing a National Innovation System for Social Entrepreneurship and Social Enterprises
  • Mapping the Environment of a Civic Entrepreneur
  • Entrepreneurial Resilience: an Approach to the Concept in the Context of Start-up Companies
  • Modern Open Platforms for Innovation and Entrepreneurship Development - Case Presentation Aalto University, School of Business, Small Business Center
  • The Reverse Side of Growth: Exploring Encountered Problems during the Founding Process of University Spin-offs
  • Recruiting Partners for Co-Evolution: Leveraging on Sidecar Investments and Escalating Commitment
  • The Use of Product Development Networks to Grow the New Venture
  • Entry Mode Strategies of Exporting SMEs to Distant Growth Markets
  • The Impact of Absorptive Capacity and Business Owner Human and Social Capital on Start-up International Growth
  • Toward Internationalisation of SMEs: Capturing the Relevance of Regulative Dimension in Emerging Economies
  • Designed and Made in Denmark for a Purpose: Threading Social Innovation in New Meaningful Patterns
  • COEUR – Developing Business Creativity and EuroPreneurship in European University Networks
  • Modelling an Innovative Approach to Social Entrepreneurship Education
  • Entrepreneurship Education and Developing University Students’ Metacompetences
  • Entrepreneurship Education and the Triple Helix Theory
  • Be Entrepreneurial. Active Learning Approach
  • Developing the Student Enterprise Mind Set Through Multi Partner Work-based Learning
  • Understanding the Impact of Creative Activities for Learning in Innovation (CAL4INO)
  • Business Curricula and the Teaching of Entrepreneurship
  • Developing Entrepreneurial Capabilities Through Action Learning in an MBA Program
  • Riding the Third Wave of Social Entrepreneurship Education: Assessment of Effectiveness of Projects as a Tool to Learn about Social Entrepreneurship
  • Does Business Simulation Gaming Affect Entrepreneurial Intent in Undergraduates?
  • A New Technology for Entrepreneurship Education as an Extra-curricula
We hope that you will join us in Madrid for one of the key entrepreneuship events in Europe. If you have any questions please visit the special website for the event or contact Virginie HEREDIA-ROSA virginie.heredia-rosa@efmd.org directly.

Coaching and Mentoring as Motors of Change - 15 March

Join us for the EFMD Sharing Best Practice CLIP workshop hosted by SwissRe in Munich on 14 (evening) - 15 March 2013!! The workshop will examine the many different areas and ways in whichmentoring coaching and mentoring techniques can be deployed in support of strategic L&D objectives.

  • How does coaching and mentoring fit into a company’s strategic learning processes?
  • To what extent can the learning outcomes of coaching and mentoring be considered organisational and not just individual?
  • How should the ‘targets’ for development through coaching and mentoring be chosen from a strategic perspective?
  • What learning and development objectives should be set for the different target groups?
  • How does coaching and mentoring fit into the learning organisation’s toolkit of didactic techniques?
  • How should coaching and mentoring be combined with other L&D techniques?
  • What is the place of coaching and mentoring in group-oriented leadership programmes?
  • How can the effectiveness of these techniques be measured?
  • How can the cost be justified?   
swiss rePrisca Peyer-Ehrbar, Head of SwissRe Academy, will share her experience with you. Other speakers will include Justus Boeckheler, Vice President, Center for Expertise Development & Change, BASF; Philippe Bonnet, Vice President, Global Head Learning & Education, Essilor International; Andrew Clayton, Head of Group Learning Allianz and Charles Jennings, Former Chief Learning Officer for Reuters and Thomson Reuters, Founding Director of The 70:20:10 Forum.

Join colleagues from Airbus, Alcatel-Lucent, Allianz, Atos, Baloise, BASF, Coca-Cola, Daimler, DuPont de Nemours, EDF, Eli Lilly, Gas Natural Fenosa, GE, ING Insurance, Maersk Line, Rabobank, Siemens, ThyssenKrupp, UBS and UniCredit. For more information and registration please click here.

About the EFMD Sharing Best Practice CLIP Community

Led by representatives of EFMD and EFMD's Chief Learning Officer Community, HR and learning & development professionals meet twice a year to work in depth on the key challenges modern corporate learning functions are facing. The CLIP accredited companies share their experience with complementary inputs supported by other CLOs and/or Business Schools. These events are designed for senior corporate HR and learning & development practitioners from EFMD company members network and selected guests. As an interactive forum, this community of practitioners is unique in corporate learning and development in Europe.

For more information, please contact Shanshan GE  Shanshan.ge@efmd.org

EFMD's External Relations / Marcoms Community to meet in Hong Kong

The 2013 EFMD Conference for International, External & Corporate Relations, Marketing, PR, Communication and Alumni professionals

will be hosted by the Hong Kong Baptist University in Hong Kong, on the 14-15 March 2013. Registration is now open.



Join colleagues and peers from over 20 different countries to network, share ideas and make new connections. Schools already registered include: HEC Paris, Monash, QUT, RSM, MIP-Politecnico di Milano, Asian Institute of Management, University of Edinburgh Business School, Leeds University Business School, Nyenrode Business Universiteit, EADA, Toulouse Business School, Tsinghua University, Lingnan (University) College, Nottingham Trent University, Audencia Nantes School of Management, EDHEC, Hanyang University, Aston Business School, ESCP Europe, HKUST Business School, KAIST and more.

The organizing committee has chosen to investigate, discuss and explore the theme of: Bridging the “Gap” – Awareness and Collaboration between Europe and Asia and has put together an exceptional programme with high-class speakers including:
  • Hong Kong as a Regional Education Hub
    Cherry Tse Ling Kit-Ching, Permanent Secretary for Education, Education Bureau, Hong Kong Special Administrative Region Government, HK, CN 

  • Trends
    Chris Tsang, Executive Director for MBA/MSc Programs, Hong Kong University of Science and Technology, School of Business and Management, HK, CN
    Speaker to be announced from, KPMG Hong Kong, HK, CN

  • Student Mobility
    Wei Shen, Associate Dean for China and Professor of International Affairs, ESSCA School of Management, FR
    Jane Delbene, Director of Marketing, EMEA, GMAC - Graduate Management Admission Council®, UK

  • Cultural Understanding of International Collaboration
    Steven DeKrey, President, AIM - Asian Institute of Management, MY
    Karmen Yeung, Partner, China Tax, KPMG Hong Kong, HK, CN

  • Community Relations and Engagement
    Carol Ma, Assistant Director, Office of Service-Learning and Adjunct Assistant Professor, Department of Sociology and Social Policy, Lingnan University, CN

And much more…

You can view the complete conference programme online and see what is of interest for you. Moreover, some of you will be regular participants of the APAIE Conference (Asia-Pacific Association for International Education) and will be happy to learn that their 2013 conference will take place just before ours, also in Hong Kong. Hopefully this will allow you to attend both international events and make wise use of your time and trip to Hong Kong.

Hong Kong is a fantastic venue and also home to EFMD’s Asia office, which was opened last year. Having a presence in Asia has lead to a significant increase in membership from the region so we really are hoping that this event will bring many opportunities to learn, share and form new alliances and partnerships.

I would like to invite you to join the EFMD External Relations group on LinkedIn which will help you build your own network and contacts across the EFMD network. If you have not yet joined please request to join the EFMD - External Relations group. You can also follow @EFMDnews on Twitter for news and updates from EFMD and the international network.

We hope that you will be able to join us in Hong Kong for what promises to be an exiting event! If you have any questions or require further information please contact Delphine HAUSPY delphine.hauspy@efmd.org

 

What does the future hold for academic research?

imagesMost deans of leading business schools would agree that being a top-performing faculty member is synonymous with being a top researcher. The production of widely cited A-level articles has become the core ingredient for a successful academic career, leading to peer recognition, tenure and ever-larger pecuniary rewards in the form of higher base salaries and bonuses.

At the same time, though, many practitioners would argue that the way academics are conducting research is the very essence of what is wrong with business schools today. They claim that research methodologies and outcomes are too often detached from the realities of managing enterprises and that researchers lack the motivation as well as all too often the ability to credibly surpass Andrew Pettigrew’s double hurdle of generating academically meaningful as well as practically relevant knowledge.

What is particularly worrying about this long-standing debate is the apparent unresponsiveness of the business school community, which continues to operate in the “we know best” mode. Business schools are facing environmental dynamics that will eventually make change inevitable. PhD programmes are not producing enough graduates to fulfil the hiring needs of a rapidly growing sector. Market entry by non-research for-profit providers will produce additional challenges to a system where business schools are using a large part of their resources to support a seemingly zero-return activity. There are effectively two pieces to the puzzle.

Researchers argue that they are, above all, writers seeking recognition from their peers. In contrast, communication experts claim that business schools need to improve on their customer orientation. They should produce research that meets the real needs of their stakeholders in terms of content and packaging.

Building a bridge between these two positions is not impossible. Business schools are currently operating based on model where researchers are drifting like particles in institutional space, where they have complete freedom to interact with other particles within or across institutional boundaries and where they eventually release output that is measured by a centuries-old metric.

But why not define academic research as a starting point of an innovation chain? It would allow researchers to focus on what they know best, the production of peer-reviewed articles. It would also, however, introduce the research outcomes into a refinement process that leads to spin-off outputs such as case studies, podcasts,  business simulations, policy position papers, open source e-learning content and interactive communication with corporate partners.

Embedding researchers into vertical innovation chains might also foster mutual learning with practitioners, which will affect the direction of research \and thereby address the main criticism of the corporate world.

In sum, business schools should reflect on how to organise their research activities better in order to justify the significant resource commitments. Laissez faire, with some moderation using a system of external, peer-based controls, has so far not enabled them to pass the double hurdle test. Existing research capabilities could possibly be made better us of by reversing the atomisation of research production and by creating support structures for top researchers.

Proceeding on this line must and should not infringe on the academic freedom of the individual researcher as since this would probably lead to harmful feedback effects in terms of research quality and productivity. However, business schools should attempt to break open their research silos and let the wider community that surrounds them participate in the benefits of their knowledge-generation activities.

Ulrich Hommel, Director of Research & Surveys at EFMD

Can Business Education Change the World? We Think So!

gbsnmbalogoThe Global Business School Network is once again challenging business and entrepreneurship students and recent graduates to show how they are using their business skills to make a difference in the developing world. The MBA+ Challenge Video Contest is now it its third year and has been opened up to ALL students, undergraduate, graduate and certificate programs in addition to traditional MBAs.

The MBA+ Challenge Video Contest asks students to produce a short (3 minutes or less) video showing how they are using their business education to make a difference in the developing world through:

  • New business ventures
  • Student projects
  • Volunteer work
  • Impactful Careers
Any student who is currently in school or who has graduated in the past 5 years is eligible to enter.  The submission period for videos is March 1st – 31st with online voting from April 1 – 14th to  determine the top 5 videos.

The first prize is an all expenses paid trip for one team member to the GBSN Annual Conference and 10th Anniversary Celebration in Tunisia June 10 – 12, 2013.  They’ll also be featured on GBSN’s website, have the opportunity to blog for nextbillion.net and get visibility for their work around the globe. The top 5 finalists as determined by online voting will each have the opportunity for an online mentoring session with a world leader in business or development. The distinguished list of mentors will be released soon, so stay tuned.

A panel of judges will then determine the 1st, 2nd and 3rd place videos from the 5 finalists.

Click here to watch the winning video from 2012 from Tuck School of Business students called "The $300 House Project"

Full details on how you can take part can be found via - www.gbsnonline.org/mbachallenge

Leading the MBA: The Good, the Bad & the Ugly

Leading the MBA: The Good, the Bad & the Ugly

EFMD with the support of the Graduate Management Admission Council (GMAC), has great pleasure in inviting you and your business school to attend the 2013 EFMD MBA Conference that will be hosted by IMD in Lausanne, Switzerland from the 17-19 of March.

mba2013cover

The conference will explore the role of the Programme Director under the theme “Leading the MBA: The Good, the Bad & the Ugly” and will include a tailor made case "The MBA Director’s Dilemma” that will address some of the key challenges encountered by Programme Directors.

The conference will be Chaired by Giulio Toscani, Director of the MBA Programme at EADA, Spain. The event brings together the global community of MBA directors (full-time, part-time, distance learning or executive) to share and exchange ideas whilst providing practical tools and examples that are applicable in day-to-day life. It also offers a great networking opportunity to collaborate internationally and build your own network of MBA contacts around the world. If you are involved in leading an MBA programme this is a key annual event that you must attend so please register now to join peers from: IMD, esmt, EADA, LBS, Bocconi, BI, Lancaster and more.

In addition, we have scheduled the following sessions:
  • Developing Partnerships & Portfolio Expansion Strategies
    Julia Marsh, Director MiM, LBS, UK

  • Creating Positive Group Dynamics
    John Sadowsky, Professor of Leadership and Marketing, Grenoble Ecole de Management, FR

  • Trends in Graduate Management Education                                                                                                    
    Deborah Somers, Director, EMEA, GMAC ®, UK

  • Media: Developing Key Messages about You and Your Programme
    Teresa Martini, Consultant, Ex-International Producer at CNN, UK

  • Learning how to Learn
    Sonja Zaar, Director MBA programmes and International Projects at Maastricht University School of Business and Economics, NL

  • Corporate Panel
    Are employers actually aware of the programme details when hiring your MBAs? Can they really tell the difference between a specialised Masters Programme and an MBA? What in-house training do they provide and how relevant are business schools to them?

  • Innovation in Blended Learning …and much more to come! 
More information about this event is available via the EFMD website.

We very much look forward to seeing you in Lausanne next spring - if you have any questions or require any further information please contact Diana Grote - diana.grote@efmd.org

ISB-Ivey Global Case Writing Competition 2013 supported by EFMD

The Centre for Teaching, Learning, and Case Development at the Indian School of Business (ISB), in partnership with Richard Ivey School of Business, The University of Western Ontario is delighted to announces the launch of the ISB-Ivey Global Case Competition 2013. This event is supported by EFMD and the Association of Indian Management Schools (AIMS).isb
Launched in 2010, this is the fourth year of hosting the competition and second in its global avatar. Through this competition we aspire to reach out to a wide network of Indian and Global Business Schools with the objective of facilitating the building of a repository of a high-quality, internationally benchmarked cases about Indian businesses. The submitted cases are suitable for use in MBA classrooms across the globe as they showcase the unique issues and challenges faced by organizations and business leaders in India.

A panel of internationally acclaimed subject experts judge each case in a double-blind review process and give written feedback on each case. The top cases from this competition are marketed to a global audience of business schools through Ivey and distributed through Ivey and Harvard Publishing (Harvard University, USA)—the two largest sources of business cases in the world. The deadline for submission of intent to participate is February 20th 2013 and more submission details, categories, criteria and deadlines can be found on the Case Competition website. Previous winning cases can be found here.

For more information on the ISB-Ivey Global Case Competition 2013, please visit - http://events.isb.edu/casecompetition/.

If you have any questions please contact -
  Arun Khan, +91 40 2318 7299 or ctlc@isb.edu

2013 EFMD MENA Conference - Empowering the Next Generation of Leaders

2013 EFMD MENA Conference - Empowering the Next Generation of Leaders

We are delighted to invite you to the 2013 EFMD Conference in the MENA Region hosted by the Abu Dhabi University and sponsored by GMAC® in Abu Dhabi, United Arab Emirates, on the 14-16 April 2013.

mena2013 2013 EFMD Conference in the MENA Region.
Business Schools in the MENA Region - Empowering the Next Generation of Leaders

The EFMD MENA conference is one of the most important management education events in the region and brings together business schools, companies, NGOs and the private sector to share and exchange ideas and best practice examples. More specifically it addresses ongoing trends in management education inside and outside of the MENA Region and promotes an active debate between regional actors and participants from other regions of the world.

Topics such as business education for employment, family business and succession planning, the role of business schools in preparing entrepreneurs for the region, research, managing country risk perception, executive education, alumni engagement and the role of international campuses will be discussed, with the contribution of leading academics and business representatives from the MENA Region, North America and Europe.

As well as the conference there will be an EFMD Quality Services Seminar that will provide information on EQUIS & EPAS accreditation and the EFMD Deans Across Frontiers development system (EDAF). The seminar will take place on Sunday 14 April just before the conference starts and requires a separate registration (which can be done through the same link as the conference, by choosing the option "I will attend the EQUIS, EPAS and EDAF Seminar on Sunday 14 April").

If you and your school are interested in participating in the conference and seminars, please register by visiting the conference webpage: www.efmd.org/mena. If you have any additional questions you can contact Inês Proença (ines.proenca@efmd.org).

Finally, do not hesitate to pass on this invitation to your colleagues who might be interested in attending.

Update on the EFMD Extraordinary General Assembly

efmega002It is my pleasure to give you some information about our Extraordinary General Assembly that took place at EFMD on November 22nd, 2012.

First of all, I would like to express my gratitude to all the members who attended this assembly. I know that their time is precious and their agendas are very busy. Having them in Brussels demonstrated their commitment to EFMD. I would also like to thank all of the members who sent their proxies, to have their voice heard and to shape the future of our organisation. The Extraordinary General Assembly allowed us to present the evolution of EFMD over the last 10 years and to share with you our vision for the future and our strategy for EFMD development.

During the last 10 years, EFMD has seen uninterrupted growth, as well as unprecedented change in its membership. We have evolved from a predominantly European organisation into a truly efmdega043 international one, as more and more institutions from all regions of the world are joining us and supporting our goals and values.

As you have been informed, EFMD Global Network, a non-for-profit organisation, has been created in Geneva. Its role is to accompany and facilitate the global development of EFMD. Becoming a member of EFMD Global Network is solely possible for EFMD members and you are all invited to join this new organisation.
 
This new structure, EFMD Global Network, will be responsible for the management of international offices in Asia (Hong-Kong) and the Americas (Miami), in order to offer our non-European members closer proximity and better targeted services. EFMD Brussels will maintain its historical stronghold, playing a key role in the heart of the network.

We see this evolution as a great opportunity to ensure a better visibility of the EFMD brand and activities worldwide. All EFMD members will have the possibility to join EFMD Global Network in Geneva. The 2013 membership fee for EFMD Global Network will be 1500 €.

efmdega042We have taken careful steps to ensure that this dual membership will bear no financial consequences for our members. This is why we proposed a decrease in the EFMD membership fees for the members of EFMD Global Network, enabling them to be members of both institutions at no extra cost.

This was the object of the resolution that was voted on at the Extraordinary General Assembly and I am very pleased to say that this proposition was met by an overwhelming approval from the members.

Out of 547 voting members, 287 participated in the voting exercise, a number that far exceeded the 182 votes needed for quorum. It is a pleasure to announce that theefmdega186 outcome is 286 (99.65%) votes in favour of the resolution.

We remain at your entire disposal for any further information. Mayen Enodien (mayen.enodien@efmd.org) will be happy to answer any of your questions on these membership issues. 

We would like to thank all our members once more for their continuous support. We feel confident that this new step in our development will bring you a stronger network, better fitted to face the international challenges whilst providing you with more valuable services in the future.

Eric Cornuel, Director General & CEO, EFMD


Click here to view the photos from the Extraordinary General Assembly

Record Year for Entries to the Case & Doctoral Awards

caseprize20122012 has been a record year for entries to the EFMD Case Writitng Competition and the EFMD / Emerald Outstanding Doctoral Research Awards. 210 cases were submitted to the Case Writing Awards and 422 papers were submitted to the Doctoral Research Awards.

We would like to warmly thanks all of the sponsors for their support of the Case Awards and thank Emerald for the long-standing partnership in developing the Doctoral Awards. We would also like to thanks all of the people who have submitted cases and papers and wish them well in the judging stages! The winners will be announced in 2013.

EFMD Case Categories

EFMD / Emerald Doctorla Reserach Award Categoriesemerald logo

The Case & Doctoral Awards run annually so please make sure you school, faculty & students take part next year. If you have any questions concerning the EFMD Case Awards please contact - Ines Proença (ines.proenca@efmd.org). If you require any further information on the Doctoral Research Awards please contact Emma Stevenson (EStevenson@emeraldinsight.com).

EFMD Quality Services Seminars in Ho Chi Minh City, Hanoi, Moscow & Beijing

equis-epas-edafThe information sessions will provide an introduction to EFMD and the international network  as well as providing information on EQUIS (EFMD Quality Improvement System), EPAS (EFMD Programme Accreditation System) and EDAF (EFMD Deans Across Frontiers mentoring system) and the underlying concepts of accreditation, mentoring and quality improvement. The sessions will be relevant for Business School Deans and / or their delegates with responsibility for quality assurance and/or accreditations. This is highly recommended for any School that wants to learn more about EFMD membership, events, seminars, and specifically about accreditation and mentoring.

November


More information on all of the events is available on the EFMD website or please email info@efmd.org if you have any question or require further information.

Join us for an EFMD Quality Services Information Session in Moscow

equis-epas-edafEFMD will be organizing a Quality Services Information Session in Moscow on Thursday 29 November 2012, hosted by Lomonosov Moscow State University Business School. The session is given by Professor Christian Delporte, Associate Director, Quality Services, EFMD.

The session is designed for institutions that want to learn more about EFMD, its accreditations and other quality services and will provide a basic introduction to EQUIS (EFMD Quality Improvement System), EPAS (EFMD Programme Accreditation System) and EDAF (EFMD Deans Across Frontiers mentoring system) systems and the underlying concepts of accreditation, mentoring and quality improvement. Special emphasis will be put on two of EFMD’s systems: EPAS and DAF. The information session will be relevant for Business School Deans or their delegates with responsibility for quality assurance and/or accreditations. This is highly recommended for any School that wants to learn more about EFMD membership, accreditation and mentoring.

After the information session, participants will have ample time for questions and also have the opportunity to discuss individually the services, which EFMD offers. If you wish to schedule a face-to-face meeting with Professor Christian Delporte in the afternoon of the 29th, please contact magdalena.wanot@efmd.org. This is highly recommended for any School that is considering to apply for EFMD accreditation or mentoring systems and the extra knowledge acquired during the session might be helpful in this process.

Do not miss the opportunity to explore EFMD and its accreditation and mentoring systems: EPAS and DAF. The programme of the session, practical information and online registration form is available here. Find out more about the Deans Across Frontiers programme (EDAF), EPAS & EQUIS.

If you have any question or would like further information please contact magdalena.wanot@efmd.org.

Innovation Beyond Technology within the Asia-Pacific Region - EFMD supports the AAPBS Annual Meeting

aapbsbannerEFMD is supporting the AAPBS Annual Meeting - “Innovation Beyond Technology within the Asia-Pacific Region" on the 27-28 of November in Kuala Lumpur hosted by the International Business School, Universiti Teknologi Malaysia (UTM-IBS).

The theme, ‘Innovation Beyond Technology’, is timely given the increased challenges in the business and management education landscape. Accelerating economic growth in the region, increased demands for quality management education, heightened competition among program providers, depleting federal funding, diversity of consumer profiles are some of the challenges that business schools are forced to face and address. Innovation is a must if business schools want to prosper in this environment.

The meeting provides a platform for AAPBS members and participants to exchange ideas and share best practices about how the business schools in the Asia Pacific region may pursue innovation. Members and participants may expect fruitful discussions on innovative areas in school governance, management, teaching and learning, research and publications, student services and funding models for the cost sustainability of business schools. It is hoped that the meeting will contribute to AAPBS’ continuous efforts towards the advancement of business and management education in the Asia Pacific region, create a solid Asian business and management education model, and establish constructive collaborations among the participants.

"One thing that is certain is that UTM-IBS is looking forward to showering you with Malaysian hospitality", Professor Dr. Mohd Hassan Bin Mohd Osman, Dean, UTM-IBS

Professor Michael Osbadeston, Director of Quality Service at EFMD will be speaking in one of the plenary sessions on "Innovations in Business Schools". The full conference programme and speakers details are available via these links - AAPBS programme & AAPBS speakers.

For details on registration please visit - AAPBS registration. If you have any questions or require further information please contact - aapbs@ibs.utm.my

EFMD Webinars – Showcasing the 2012 Excellence in Practice Award Winners

webinarThe 2012 EFMD Excellence in Practice Awards winners include:  BAE Systems, Goldman Sachs, Leeds University Business School, Lonza, Merck, Saïd Business School, Siemens, the Wharton School and the University of St. Gallen.

The winning partnerships will be presenting their experiences via FREE webinars which you, your partners and peers are welcome to join.  Please feel free to pass this invitation on.

2012 Excellence in Practice Award Winners - Webinar Series
 
8 November 2012, at 2:30pm (CET): Merck and The Wharton School
“Merck Global Human Health Executive Development Programme””
Register for the webinar

20 November 2012, at 6:00pm (CET): BAE Systems & Saïd Business School
“Trusted, Innovative, Bold - Building Global Mindsets for a Global Future”
Register for the webinar

22 November 2012, at 10:00 (CET): Lonza & University of St.Gallen
“Business Unit Strategy at Lonza – Linking Executive Education and Strategy Development”
Register for the webinar

6 December 2012, at 10:00am (CET): Siemens & Siemens Learning Campus
"Senior Siemens Production System (SPS) Expert Program”
Register for the webinar

Online registration is required but all the webinars are free, however they do have a restricted number of seats with priority offered to EFMD members.

issue 3 2012 eipcover
EFMD Global Focus Special Supplement - 2012 Excellence in Practice Winners

This special supplement is available online and features articles on the winning cases as well as executive summaries of the highly commended cases and observations and trends from all cases submitted. You can view and online copy here or download a copy here (pdf).
 
Join the 2013 Excellence in Practice Awards – Call for Papers now OPEN

Deadline for submission: 15 April 2013
Expression of interest: Florence Grégoire
More info: www.efmd.org/eip

Inspirational Guide for the Implementation of PRME: copies available to order now

prmeguideThe Inspirational Guide for the Implementation of PRME: Placing sustainability at the heart of management education, created by the UN Global Compact initiative, Principles for Responsible Management Education (PRME) was presented at the Rio+20 Earth Summit in June 2012 and is now offered for sale in print for the first time by publishers, GSE Research.

The book features 63 case studies from 47 institutions, representing 25 countries across Asia, Oceania, Latin America, USA and Canada, Europe, the Middle East and Africa. The business schools’ experiences are classified into six sections, corresponding to the Six Principles of PRME (Purpose, Values, Method, Research, Partnership, and Dialogue) and offering useful advice on setting up and implementing specific aspects of each. This important compilation will be an inspiration for all forward-thinking Business Schools across the world, especially those who are keen to embrace the PRME principles and put sustainability at the heart of their operations.

“Seeking to inspire the further integration of responsible management education, real world examples are highlighted from around the globe on fostering a sustainability culture, changing curricula, enabling faculty or managing and consolidating. This is a unique publication in that the 63 cases illustrate successful and relevant approaches in their different contexts, moreover the standardised structure around challenges, actions taken and results provides the most effective source of inspiration. A must-read on the transformation of management education and on how our institutions are placing sustainability at the heart of management education.”
Prof. Eric Cornuel, CEO & Director General of EFMD

The guide is now available to purchase in print, priced at £29.95 (excluding shipping). To purchase your copy of the Inspirational Guide, please visit the GSE online shop: http://www.gsepublishing.com

For more information on PRME visit - http://www.unprme.org/index.php

What Do Companies Need from an Executive Training Programme in Japan and Korea?

logo-etpSHARE YOUR VIEWS ON COMPANIES’ NEEDS FOR THE STAFF TRAINING
The aim of this on-line consultation is to gather the EU companies’ opinion on their specific needs and requirements with regards to specialised long-term training, as well their expectations and willingness to send key staff members on the training programmes. Please fill out the online questionnaire which should take you no more than 5 to 10 minutes.

The survey has been developed in relation to the EU-funded Executive Training Programme in Japan and Korea which aims to support EU companies and their executives to develop their business plan and build knowledge of Japanese / Korean business practices, culture and language in order to succeed in the Japanese and Korean markets. The results of the survey will allow the European Commission to further improve the programme with EU companies’ expectations in a continuously changing environment.

What is the Executive Training Programme?

Since 1979, the European Commission’s Executive Training Programme (ETP) has helped over 800 European companies and 1000 European executives to succeed in the Japanese and South Korean markets by providing intensive language and business training for their executives.

Following the successful selection of candidates for the 2012 cycle of Executive Training Programme (ETP) which will start this November, applications are now open for the 2013 cycle of this prestigious business support and executive training programme.

The ETP enables EU companies and their executives to develop their business plan and build knowledge of Japanese / Korean business practices, culture and language, as well as their networks in order to succeed in these Asian markets. The selected participants, who will be granted a scholarship, will follow an intensive business and language training at the internationally recognised universities in Japan / Korea, including an internship in a local company.

EU executives can apply by submitting an online application via http://www.euetp.eu.

Why participate in the Executive Training Programme?
  • On average, participant companies’ related turnover increases two fold within ten years of completing ETP
  • More than 65% of ETP alumni proceed to become top executives within their companies
  • Executives from 15 of the top 20 European companies have taken part in ETP
  • The training is given by prestigious and internationally recognised universities and leads to real business opportunities
Financial support
- Funding for the entire training course in Japan or Korea
- A scholarship of 2,200€ per month for Japan or 2,000€ per month for Korea

Further information
The deadline for applications for the next ETP cycle 2013-2014 is 31st May 2013. Enroll now on www.euetp.eu

Sustainable Business Education for Africa - 3rd Annual EFMD Africa Conference

africapictureEFMD is organizing its 3rd annual Africa Conference entitled "Sustainable Business Education Appropriate for Africa", which is scheduled to take place in Nairobi, Kenya from 11-12th October 2012 co-hosted by the University of Nairobi School of Business and Strathmore Business School. The conference will be preceded by a joint introductory seminar on EPAS and Deans Across Frontiers (DAF) on 10th October. It will be followed on 13-15th October by the "Meeting of the Minds" conference in the Masai Mara organized by University of Stellenbosch Business School.

Topics covered in this year's Africa Conference will include: The Role of Business Schools in Africa, Partnerships, Management Development Powering Development, Income Streams, Which Governance for a More Sustainable Business Schools, and many more. Speakers will come from top African Business Schools & leading schools from across the EFMD global network, African companies and NGO's.

Join us in Nairobi and take advantage of this unique opportunity to network with peers from across the globe as well as the speakers. Please refer to the EFMD website for further information and registration details.

We hope to see you in Nairobi.

Last chance to enter the 2012 Emerald/EFMD Outstanding Doctoral Research Awards

emerald logoEFMD & Emerald Group Publishing Limited seek to celebrate excellence in research by sponsoring the 2012 Emerald/EFMD Outstanding Doctoral Research Awards.

Award-winning entries will receive a cash prize of €1,500 (or currency equivalent), a certificate, a winners' logo to attach to correspondence and the prospect of an offer of publication in the sponsoring journal - either as a full paper or an executive summary - at the discretion of the Editor(s). In addition, a number of Highly Commended Awards will be bestowed. This year there are 12 categories:

Interdisciplinary accounting research
Category sponsored by Accounting, Auditing & Accountability Journal

Marketing research
Category sponsored by European Journal of Marketing

Hospitality management
Category sponsored by International Journal of Contemporary Hospitality Management

Operations and production management
Category sponsored by International Journal of Operations & Production Management

Logistics and supply chain management
Category sponsored by International Journal of Physical Distribution & Logistics Management

Information science
Category sponsored by Journal of Documentation

Educational leadership and strategy
Category sponsored by Journal of Educational Administration

Knowledge management
Category sponsored by Journal of Knowledge Management

Management and governance
Category sponsored by Management Decision

Human resource management
Category sponsored by Personnel Review

Leadership and organization development
Category sponsored by Leadership & Organization Development Journal

Health Care Management
Category sponsored by Journal of Health Organisation and Management

If you are unsure of which category to submit to please feel free to contact us, and after consultation with our Editorial team, we can suggest that which is most appropriate.

Eligibility
To be eligible for the Awards, the research must address an issue that is of importance to one of the various subject areas listed above. The Awards are open to those who have completed and satisfied examination requirements for a Doctoral award, or will do so, between 1 October 2009 and 1 October 2012, and have not applied previously for one of these Awards.

Submission requirements
1. Researchers must apply online using the application form at: http://ww2.emeraldinsight.com/awards/odra.htm
2. The following documents will be required electronically:
  • Covering letter – as part of this please state whether or not your doctoral research has been published and/or will be published in any form (conference paper, article, peer reviewed journal, etc)
  • Executive Summary – paper that summarises the Doctoral research. The Executive Summary should not exceed 1,000 words (reference lists and presentation of data, as either Tables or Figures, do not count towards this total).
  • Letter of recommendation/reference from a supervisor/senior faculty member. For short-listed applicants, further contact may be made with the referee.
  • Contact details of external examiner(s).
3. Applicants must only submit to one category.

Judging criteria
The entries will be judged by the Editor(s) and at least one Editorial Advisory Board member of the sponsoring journal. Entries will be judged on the following criteria:

1. Significance/implications for theory and practice.
2. Originality and innovation.
3. Appropriateness and application of the methodology.
4. Analysis and presentation of the data.
5. Quality of the literature review.

Short-listed applicants may be required to answer further questions as appropriate from the judging panel. Winners will be required to submit an unpublished paper, sole- or joint-authored, derived from the research, within six months of winning the Award. The Editors reserve the right not to select a winning paper if, in their judgment, none of the entries is considered satisfactory.

Please note that the decision of the judges is final. Due to the large number of submissions, applicants will not receive any feedback.

Key dates
The closing date for applications is 1 October 2012.

Winners will be announced in January 2013.

Contact details
For further information or if you have any queries, please contact:

Emma Stevenson
External Relations Executive
Emerald Group Publishing Limited
Howard House
Wagon Lane
Bingley BD16 1WA
United Kingdom

Tel: +44 (0)1274 785198
Fax: +44 (0)1274 785200
E-mail: estevenson@emeraldinsight.com

Call for Papers: The Unfulfilled Promise of Responsible Management Education

Special issue call for papers from the Journal for Management Developmenjmdcovert
The Unfulfilled Promise of Responsible Management Education (RME)

Guest Editors:    

  • Eric Cornuel, European Foundation for Management Development, Belgium & HEC Paris, France
  • Ulrich Hommel, EBS Business School, Germany & European Foundation for Management Development, Belgium
Theme
A. The Context
Business schools have been on the defensive since the beginning of the financial crisis, not least for apparently failing to acknowledge their role in educating responsible managers. This debate has triggered a number of interesting and valuable responses from business schools such as the introduction of degree programmes strongly emphasizing RME-related aspects, the management oath initiative as well as fruitful and still on-going debates on adjusting international accreditation standards. We have further witnessed various organizational efforts to give responsible management education a higher priority in research and teaching such as the PRME initiative (http://www.unprme.org/) or the 50+20 initiative (http://50plus20.org/).
 
Nevertheless, the general view prevails that business schools as a whole are making only very gradual and still minor progress in addressing these issues on an institutional level. It is also argued that the laggardness of immersing themselves in this debate has led business schools to become increasingly detached from the business world, which is addressing these issues with much more fervour. And indeed, it appears that RME activities are still mostly kept in isolated silos in business schools and therefore do not seem to impact the full range of institutional activities. The purpose of this special issue is to address this phenomenon and develop explanations for why responsible management education remains largely an unfulfilled promise to this day.

B. Purpose
The purpose of this special issue is to advance the understanding of the structural barriers and resistances limiting the business schools’ ability and willingness to embrace the principles of responsible management education. The submissions can relate their arguments to any of the common themes in the business school and higher education literature, but are not limited to it. Examples are governance and faculty incentive management, accreditations and rankings, entrepreneurialism and corporate relevance as well as globalization / internationalization of business school activities. It is expected that papers will offer an appropriate appreciation of the RME-specific literature as well. Submissions are particularly encouraged from researchers in other fields such as higher education, economics, political science or philosophy. They are in a position to add valuable outside-in perspectives, which may be enriching the viewpoints put forward by the special issue.

C. Research Questions
This call is seeking contributions on any aspect of the special issue theme. Suggested questions to be explored include (please note that these questions are only intended to serve as examples and are not meant to restrict submissions in any way):
  • Is RME another management fad with negligible relevance for practicing managers?
  • What role do market-based performance metrics play in preventing business schools from embracing RME more fully (in strategy, research, teaching, etc.)?
  • Are ambiguities in defining and measuring RME preventing more widespread adoption?
  • To what extent do business school governance and management practices explain why RME still retains its orphan-like status?
  • To what extent do discrepancies in the philosophical foundations of management science and economics vs. RME create intellectual resistance to the widespread adoption of RME?
  • Why do the diverse cultural traditions and religious values around the globe or differences in economic development not have a more noticeable impact on the adoption and interpretation of RME?
We welcome submissions of high-quality papers on all topics related to the theme of the special issue. Contributions may develop theoretical frameworks, synthesize the existing body of knowledge, present strategic problem-solving applications or offer empirical evidence. Successful submissions will employ accurate methodologies and develop their arguments on the basis of rigorous analysis.

Submissions
To be considered for publication in this special issue, manuscripts must be received by January 31, 2013. Papers submitted will be subject to a minimum double-blind peer review process to ensure that this special issue maintains the excellent reputation and record of the Journal of Management Development. The journal website is located at: http://www.emeraldinsight.com/jmd.htm.

Please read through the author guidelines on this site before submitting your paper. Submissions to Journal of Management Development are made using ScholarOne's Manuscript Central http://mc.manuscriptcentral.com/jmd. Full instructions can be found on the author guidelines site. As a guide, articles should not exceed 5,000 words in length. A title of not more than twelve words should be provided.

Queries should be submitted directly to the special issue co-editor, Ulrich Hommel (ulrich.hommel@efmd.org).

Call for Papers - Risk Management in Higher Education – Managing Academia in Turbulent Times

Special Issue Call for Papers: International Journal of Educational Managementijemcover
Risk Management in Higher Education – Managing Academia in Turbulent Times

Guest Editors:     
  • Eric Cornuel, European Foundation for Management Development, Belgium & HEC Paris, France
  • Ulrich Hommel, EBS Business School, Germany & European Foundation for Management Development, Belgium
Theme
A. The Context
Higher education institutions are operating in an increasingly dynamic environment. Demographic shifts, rising market transparency and accountability, changing consumption patterns and the emergence of new competition are exposing the higher education sector to levels of risk never encountered before. Deregulation and new funding models are forcing presidents, deans and senior managers to embrace market challenges with the effect of further enhancing performance volatility. As a consequence, what has been said about management in general increasingly applies to higher education management as well: Institutions are managed well if they manage their risk position well. In addition, regulatory oversight bodies are beginning to acknowledge the need to align the intensity of supervision and control with institutional risk-taking.

Despite the high priority assigned to risk management in a practical context, the academic literature has largely ignored this emerging field of research so far. In the light of the impact of recent economic downturns on higher education and the concerns how continued turmoil in financial markets may put a considerable number of institutions into a state of budgetary distress, there is clearly a need to examine this issue more closely from a research perspective. Over the past two decades, risk management has developed into a vibrant field of research, in particular in finance and operations management. In contrast, the higher education literature on risk management is dominated by practice-based publications and still lacks an appropriate academic research foundation. The special issue intends to address this shortcoming.

B. Purpose
The purpose of this special issue is to advance the understanding of the specific nature of risk management in higher education institutions. With this perspective in mind, this Call for Papers seeks to expand knowledge in this area and provide a discussion forum for researchers in higher education as well as business & management. It presents a unique opportunity for researchers to gather and explore previously untapped synergies between these so far largely separate areas of research.
The special issue invites conceptual and empirical papers, presenting cutting edge research on risk management in higher education. Papers may be theoretical or applied but should in all cases have a clear relevance to risk management practices in higher education.

C. Research Questions

This call seeks contributions on any aspect of risk management in higher education. Papers can for example focus on:
  • Risk management methodologies and risk management performance
  • Financial and operational risks (and the interaction between them)
  • Incentive issues, governance and regulation
  • Strategic decision-making and risk taking
Suggested questions to be explored include (please note that these questions are only intended to serve as examples and are not meant to restrict submissions in any way):
  • What are the strengths and weaknesses of risk management methodologies currently used in the higher education sector?
  • What is the relationship between financial performance and competitive positioning of higher education institutions?
  • How effective are different governance models in controlling risk-taking behaviour of senior management?
  • What is the impact of internationalization on risk-taking behaviour of higher education institutions?
  • How are different trends (e.g. demographic change, changing funding models, rising market orientation, managerialism, shift towards blended/online/distance learning) affecting performance volatility and financial health of higher education institutions?
  • What is the impact of deregulation and privatization on risk taking in higher education?
  • How can established risk management methodologies of the corporate sector (e.g. Cash Flow at Risk) be used to measure and mitigate risk exposures in higher education?
  • How is regulatory oversight impacting risk-taking behaviour of higher education institutions?
  • What are the need and scope of risk-based regulation of the higher education sector?
We welcome submissions of high-quality papers on all topics related to risk taking, risk management and risk regulation in a higher education context. They may use any type of higher education institution as a focal point (universities or subunits thereof such as business schools, public or private, non-profit or for-profit). Contributions can develop theoretical frameworks, synthesize the existing body of knowledge, present strategic problem-solving applications or offer empirical evidence. Successful submissions will employ accurate methodologies and develop their arguments on the basis of rigorous analysis.
 
D. The Journal
The International Journal of Educational Management provides those interested in the effective management of the educational process with a broad overview of developments and best practice in the field, with particular reference to how new ideas can be applied worldwide. The journal contains material relating to innovation in educational management across the spectrum, the development of educational delivery mechanisms, and the creation of an environment in which the management of resources provides the most efficient outputs achievable on an international basis to allow the sharing of new initiatives. Each article is submitted to a double blind-review process to ensure that academic integrity is maintained

Submissions
To be considered for publication in this special issue, manuscripts must be received by February 15, 2013. Submissions must comply with the author guidelines for this journal:
http://www.emeraldinsight.com/products/journals/author_guidelines.htm?id=ijem

Expressions of interest to submit a paper and other queries should be sent directly to the special issue co-editor, Ulrich Hommel (ulrich.hommel@efmd.org).

Management Skills for Growth: EFMD EU Affairs Call to Action

management-stylesAdrian 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) gave opening statements at the EFMD April Roundtable: Management Skills for Growth. A full report on the roundtable is available here and video highlights are below. Readers are also invited to comment on the EFMD Call To Action “Management Capacity: The Missing Link to set up value creation and innovation in Europe” by mid June 2012.



Three key suggestions concluded from this roundtable are:

  • Re-inventing the EU innovation model: The current European innovation strategy design tends to be based on a stable evolutionary model. This approach needs to be changed. The idea of supporting the creation of high-growth companies in Europe is highlighted as an important element. It is also suggested to re-prioritise policy objectives, to avoid trying to achieve everything at the sametime. Too many equivalent priorities lead to no priorities.

  • Developing skills for future leaders: There is a call to develop humanistic managers who are not only expert in management techniques, but also have the capacity to understand and deal with cross-disciplinary and inter-cultural issues.

  • Entrepreneurship: The possibility to exploit knowledge and capital from all entrepreneurs needs to be further addressed. Entrepreneurial mid-sets are required in all types of organisations, small and large, pubic and private.
The Call to Action 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. You are invited to comment on the EFMD Call to Action, please send your comments and feedback to: jocelyne.wang@efmd.org

Martine Plompen, Associate Director, Research & Surveys Unit, EFMD
Jocelyne Wang, Manager, EU Affairs Unit, EFMD

Latest issue of EFMD's Global Focus now online

issue  2012 coverThe 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

Goodbye to our dear friend Jim Herbolich

jim close upMany 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

“Learning Inc ! The growth of learning and development consulting inside the L&D landscape”

index1Join us for EFMD's Sharing Best Practice CLIP workshop hosted by EDF Corporate University for Management on (20-)21 September 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, Thomas-Olivier Léautier, Professor of Management at the University of Toulouse 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. It is dedicated to corporate learning and corporate HR practitioners from companies. For more information, please contact Shanshan GE  Shanshan.ge@efmd.org

EFMD Excellence in Practice Awards 2012 – Still time to apply!

eipcoverThe deadline to submit your case to the 2012 EFMD Excellence in Practice Awards is now approaching and we look forward to receiving your cases by 1st May 2012.  The EiP winning cases will be presented and awarded during the EFMD 2012 Executive Education Conference hosted by  Instituto Internacional San Telmo on 3-5 October 2012 (Sevilla, Spain).  Registrations for that conference are already open.

The EFMD Excellence in Practice Award attract case studies showcasing outstanding Learning and Development (L&D) partnerships. Fields might include Leadership, Professional, Talent or Organization Development and the programme described in the case should be deployed by an organisation either together with its in-house L&D unit or with an external L&D provider (Business School, Executive Education Center, etc...). Case-studies must demonstrate Operational Excellence (e.g. sustainable partnership & effective learning environment etc.); Excellent Programme Management (e.g. design, delivery, evaluation, selection methodology of participants etc.); and above all Strong Business Impact (e.g. alignment with corporate strategy, impact for company, incorporation in corporate HR processes etc).

Winners in 2011 included: ArcelorMittal, CCL, Emerging World, ING Bank, INSEAD, Microsoft, Royal Bank of Scotland, Royal Philips Electronics, the world we work in, TMA World and Wharton.

Please make sure that your entry to the Awards is submitted by the 1st of May 2012 via the online registration process. The detailed assignment brief, submission guidelines and online registration process are available here.

Information session webinars have been organised over the last few weeks that provide detailed instructions and tips on how to apply. If you are interested in getting the session recordings, please contact Florence Grégoire - florence.gregoire@efmd.org

If you have any questions or would like to express an interest in taking part please contact Florence Grégoire - florence.gregoire@efmd.org