The iaelyon School of Management Increases Its Impact on the Region by 38%

EFMD Blog Newsletter BSIS iaelyon
The BSIS report reveals that, in 2017, the iaelyon School of Management had an Impact of 357 million on the Auvergne-Rhône-Alpes region. That represents a 38% increase compared to 2012, when the school first went through the process, during the pilot phase of the Business School Impact System. The report also shows other positive impacts of the School on the region.


The report shows that the important financial contribution of the iaelyon to the region is a result of far-reaching endeavours of the School. This includes the expenses of international visitors coming for conferences and seminars, of students renting flats, buying food or going out in the city, the use of regional services providers by the School, just to name a few. 

In 2017, the iaelyon participated in the creation of the equivalent of 734 full time-jobs through internships, work-study contracts and voluntary work, showcasing the School's contribution to the development of the regional businesses and local associations.

The report also proves the increasing visibility the School provides to the city of Lyon and the region of Auvergne-Rhône-Alpes, thanks to a large press coverage - 632 mentions in 2017.

The School's intellectual impact is also underlined by the report. In 2017, 203 events and conferences were organised and the School released in 725 research and publications, increasing the region's reputation and global reach.

Jérôme Rive, General Director of the iealyon School of Management appreciated the the BSIS study results: "I was impressed by this innovative approach that enabled the iaelyon to highlight new impacts that complement the traditional measurement tools included in national or international accreditations schemes."

He also emphasized three key benefits of BSIS:
  • The report can be used externally to demonstrate to the regional authorities and other stakeholders how the School's activities benefit the Auvergne-Rhône-Alpes and the city of Lyon.
  • Internally, it is a great tool to showcase and encourage the involvement and the contribution of the iealyon's teams.
  • The results offer an opportunity to communicate with a new angle to the media, the students and the strategic partners.
The report is available in French here.

About the Business School Impact System
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located.

The BSIS is offered in a joint venture between EFMD Global Network and FNEGE as a service to EFMD members in any part of the world.

To learn more about BSIS, please visit the BSIS website here.

PSA Corporate University Re-accredited by CLIP

EFMD Blog header CLIP accreditation PSAThe 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 PSA Group has been successfully re-accredited by CLIP.

“This reaccreditation represents the reward of Corporate University Team’s action and engagement to be even closer to Group’s business and strategy, a major pillar of our HR policy. Thanks to Claudia Constant and her team for their contribution to make HR Division, more innovative, global and a strategic partner,” commented Xavier Chéreau, EVP HR, Digital and Real Estate for PSA Groupe.

Martin Moehrle, Associate Director, Corporate Services, who leads the CLIP process at EFMD, added: “EFMD is very pleased that PSA Corporate University (PSA CU) has successfully gone through CLIP re-accreditation. We were particularly impressed by PSA CU’s closeness to and understanding of the business, by its exploration of new learning methodologies and technologies, by having become a transformation agent, by the mobilization of a large internal pool of trainers and experts, and finally by the motivation and professionalism of the CU team itself. We congratulate PSA CU for this achievement and look forward to their continued contribution to the CLIP community.”

PSA Groupe is part of the community of CLIP accredited organisations which also include:

Akademie Deutscher Genossenschaften ADG, ArcelorMittal, BBVA - Banco Bilbao Vizcaya ArgentariaCapgemini UniversityEDF GroupEDP - Energy of Portugal, ENGIEGas Natural FenosaGrupo SantanderMazarsMLP Finanzdienstleistungen AGOCP, PertaminaRepsolSberbank Corporate UniversitySiemens AGSwiss Reinsurance Company Ltd., Telkom Indonesia and UniCredit Group.

The CLIP 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.

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.

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

Take part in the EFMD Excellence in Practice (EiP) Awards 2018

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Come and show us your achievements!

The Excellence in Practice (EiP) Awards have developed into one of the leading global awards that recognise excellence in learning and development partnerships.

Taking part in this Award helps the client and its provider(s) to develop and reflect on the impact and value of their L&D initiative and the contribution it has made to the client organisation. The winning case studies are selected based on the review of 4 key areas : a properly documented challenge, an effective partnering commitment, the appropriate L&D initiative, and the proven business impact.

Linda Irwin, London Business School, UK describes three key benefits of taking part to the Excellence in Practice Awards.


Next submission deadline: 1 March 2018
www.efmd.org/eip

Expression of interest:This email address is being protected from spambots. You need JavaScript enabled to view it.

For more info, please consult: EiP Brief, Submission Guidelines and FAQ’s.

Information Session webinars are organized on 11 December, 9 January and 1 February for those who may have any questions about the Awards and submission process.

EiP 2017 Gold and Silver winners:

EiP Winners Gold2017 webpage
EiP Winners Silver2017 webpage


  

The EiP 2017 Gold and Silver winners are providing many good insights for your own programmes. Don’t hesitate to participate in the series of EiP 2017 webinars from November to January (free registration).

The winning cases are also showcased in Global Focus Magazine Special Supplement available online.

If you want to be informed automatically on all what concern the EFMD Excellence in Practice Awards, please subscribe to EFMD mailing lists.

Postdoctoral Researchers Wanted

UOCUOC call open until March 4

*Guest post by UOC*

Would you like to be part of our research group? Open Evidence Research has just been awarded by the Catalan Government with the highest qualification as Consolidated Research Group and we are looking for excellent postdoctoral candidates.

Please have a look at our research lines:

  • Educational Uses of ICTs and their impact on higher education institutions
Analysis of the institutional impact of the technology uses and how this adoption affects teaching and learning processes (educational model), the students’ role and profile, and organizational changes (organizational model).
Professors: Josep M. Duart

  • Estimating the social impact of the Online Higher Education Institutions focusing on university access and higher earnings
Analysis of the contributions of particular online-higher-education institutions allowing students to improve their salaries, achieve job promotion, and shift to “better” jobs as a result of the online courses taken.
Professors: Josep M. Duart

  • Sensitivity Analysis of Model Output
Quantitative methods for global sensitivity analysis and their application to novel settings with a focus on numerical recipes, algorithms and software applications. Development of demonstration material (Jupyter Notebooks) for didactic purposes.
Professors: Andrea Saltelli

  • Behavioural economics
Behavioural economics and more generally behavioural sciences study heuristics (mental shortcuts) and biases providing a more realistic picture of  attitudes, decision making processes, choices and behaviour than the one proposed in the utility maximising view of human nature proposed by neo-classical economics and rational choice theory. Regardless of the label and the origin of different theoretical and empirical streams, broadly defined behavioural scientists have theoretically and empirically shaken the edifice of standard economics and, as a side effect, they are influencing the behavioural turn in policy making.
Professors: Cristiano Codagnone, Francisco Lupiáñez-Villanueva, Frans Folkvord

  • eHealth, Big data and Health analytics
Analyse how ICT, big data and health analytics can contribute to (1) Improve the quality of life of citizens and empower them in managing their own health; (2) Improve access to the health system while promoting equity; (3) Improve the efficiency of the system, facilitating its sustainability
Professors: Francisco Lupiáñez-Villanueva, Pedro González, Ruth Vilar.

  • Technopolitics
“We define technopolitics as a new context, enabled and enhanced by ICTs, where its actors aim at higher levels of freedom, empowerment and governance. Technopolitics reflect a multipurpose application of ICTs that aim at more efficacy and efficiency in democracy, but also at transforming traditional democratic practices, oftentimes to get them back to their original purpose, but with a refined vision and mission focused on political emancipation and decentralization. Furthermore, we understand technopolitics as a multi-scale way to approach politics that is deeply rooted in the community but which connects with the global agora, and directed both to the achievement of finalistic goals as well as of intermediate goals affecting the design of protocols and processes. It encompasses the concurrence of multiple actors, contributing with their actions – big or small – and knowledge in a gift-economy characterized by a highly granular design of tasks and degrees of participation, and in the end it can be perceived as a synchronization construct that operates in and through many layers and spaces, (re)connecting actors and communities through shared procedures and converging goals” (Kurban et al., 2017). This research line aims at deepening the understanding of technopolitics, both from the citizen and the institutional points of view.
Professors: Ismael Peña-López, Francisco Lupiáñez-VillanuevaCristiano Codagnone

UOC has just opened a call for four new Postdoctoral three-year fellowships with deadline for applications on March 4 as per the terms and conditions of the call.

Researchers awarded a doctoral degree – whether at the UOC or elsewhere – before publication of this call for applications may apply. Candidates with a doctoral degree from the UOC must provide proof of having carried out a postdoctoral stay at another university or research centre for a period of at least two years.

Those benefiting from these contracts cannot have been contracted by the UOC in the two years immediately leading up to the publication of this call for applications.

The decision regarding this call will be made public on or after 2 April.

More information here or at This email address is being protected from spambots. You need JavaScript enabled to view it..

Insights from Highered - EFMD Global Career Services

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Highered - EFMD Global Career Services has been offered as an additional EFMD full member benefit for one year now. To gain a better understanding of the students that have registered for the platform a survey was sent to all active student users. The results from the 2018 student survey has provided us with insights to better understand the types of positions, companies, and sectors that are most attractive to the students. The gathered information is being considered in order to best serve the students work opportunities, compliment schools existing career services and compliment company recruitment strategies.

According to the latest Student Survey, already within the first year close to 50% of students from EFMD member schools are using the newly launched platform as a resource to look for jobs. 

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The findings indicate that two out of three of the active users are national students (studying in their home country) and more than 65% of the students when seeking work opportunities look both in the country of study and outside the country of study. Additionally, 27% of the respondents indicated that they have secured a placement through the platform. The platform is designed to support and enhance existing career services initiatives at EFMD school members, to help place international students or local students looking for an international opportunity.

To further support and understand the international student's perspective Highered recently turned to three international students to learn more about why they chose to study aborad and the value that Highered has brought to them as an international student. 

Highered Lets You Fly  - Spanish Student Perspective 
 
Nicole is a Spanish international exchange student at BI Norwegian Business School from Universidad de Navarra. Nicole shares her story and thoughts on why she chose to study abroad.  Where do you look for jobs? “Well, beforehand I would search in Spain because that is where I have my friends and network, and I study there. However, now that I am in Oslo, I have met so many people from so many different countries and places that I literally have never heard before, and now I ask myself why would I not study or work or search for opportunities anywhere in the world?”

Chinese international student perspective
 
International Exchange student at BI Norwegian Business School from Hong Kong Baptist University shares his perspective. Highered is a platform that shows me how many multinational companies are so willing to hire international students. This allows students like me to work overseas, most importantly helps me to achieve my life plans. Highered gives me a global mindset.

French international student perspective
 
 
International Exchange student at BI Norwegian Business School from Emlyon shares his perspective. “I needed to try new things, get outside from my comfort zone. Firms are looking for candidates with diverse backgrounds and different experiences.” He built his career path tailored to his needs with just one click.

To learn more from a school perspective or a company perspective contact This email address is being protected from spambots. You need JavaScript enabled to view it.

About Highered – EFMD Global Career Services

Highered – EFMD Global Career Services is the newest membership benefit which all full member schools and member companies have access to. EFMD launched the Highered initiative to schools in February 2017 with the aim to connect companies, schools and students within the network at an unpresented level. Highered provides unique international possibilities for the students and supports EFMD School’s initiatives in placing students while providing a truly global platform for companies to expose their strategic employer branding efforts to attract better and more diverse talent.

12th GEM&L International Workshop on Management & Language: Call for Papers

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Paris, 22-23 May 2018
CALL FOR PAPERS
 The impact of language on knowledge creating and sharing

 Knowledge acquisition and transfer are vital to companies’ strategic development but they require an ability to collaborate successfully across professional, cultural and linguistic boundaries. Given its role in facilitating the flow of meaning, language has been called “the lubricant of the transfer of knowledge, values and experience from one source of common knowledge to others” (Holden, 2002). However, language issues occupy a relatively small place in knowledge management (KM) research. The link between language and cross-boundary knowledge transfer needs to be further articulated and explored.

The interconnection between knowledge and language in fields such as organizational and international business studies (OS/IB) can be seen in the paradigmatic shift from a mechanical vision of meaning-making to one that sees meaning as co-produced in interaction with others and embedded in the context (Bakhtin, 1981; Hislop, 2013). There is a growing body of research on the emergence of negotiated language practices which have been shown to enhance productive knowledge-sharing in ways that lingua franca practices cannot (Janssens et al, 2004; Steyaert et al., 2011 and Logemann and Piekkari, 2015). This work is consistent with knowledge management (KM) research which refers to knowledge as “knowing” to emphasize its dynamic, evolutive nature (Paraponaris and Sigal, 2015; Tsoukas, 2009). Both KM and language-sensitive researchers are seeking to better understand how tacit or socially-embedded knowledge can be communicated between heterogeneous groups (Collins, 2007; Nonaka, 1994). Knowledge sharing is dependent on dialogical relations (Bakhtin, 1981; Tsoukas, 2009), but dialogical exchanges are threatened when people do not speak the same language.

The role of language as a tool in the mediating of meaning has been explored in OS literature (Engeström and Sannino, 2010; Lorino, 2014). Studies on boundary objects have yielded important insights into the way semi-universal, semi-localized objects such as maps, visual aids and symbols can help heterogeneous groups understand each other (Carlile, 2002).

Next, language-sensitive researchers can contribute to a deeper understanding of the link between knowledge sharing, social identity and trust (Barner-Rasmussen et al., 2007; 2011). Scholars are also reexamining the direction of the flow of knowledge across boundaries, as demonstrated by Peltokorpi and Yamao’s (2017) study on reverse knowledge transfer between local subunits and company headquarters.

We also need to better understand the social processes at play in the formation of language clusters, language communities, knowledge clusters, knowledge boundaries and communities of practice.

We welcome empirical, methodological and conceptual papers which aim at breaking new ground, and in particular, papers which examine the way language impacts knowledge sharing and creation across boundaries.

For any information concerning the conference, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.

Honorary President of EFMD and Former Heineken CEO Offers Lessons in Managing a Family Business

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February 7, 2018. Shanghai – Outside talent tapped to manage family-owned businesses should never forget that the company belongs to the family, which they are there to serve. The trick is to find the balance between keeping owners happy and taking a stand, when needed, to protect the company’s long-term future. That was among the nuggets of advice Gerard van Schaik, former CEO of Heineken, a family business that became a global brand, served up during this evening’s Master Class at CEIBS Shanghai Campus. Van Schaik is also Co-Chairman of the CEIBS Board and Honorary President of EFMD.

“You have to accept that the family’s interest is predominant when there is a majority, and you have to serve it. If you can’t accept that, from time to time, the family may want you to do something you think is very unwise, then don’t work for a family company. You can’t avoid those situations. It’s THEIR company not yours; you should have those words over your bed,” he said. “You may be given total managerial freedom, but you cannot ignore the family interest. At the same time, there are certain moments in your life when you think [a particular course of action not supported by the owners] has to be [taken]. Either take a risk, or resign; but you have to deal with the issue.”

In an anecdote-rich presentation he also gave advice on topics such as when the family firm should look outside for expertise, the skills needed to run a family business, and how family-owned firms should prepare for going global. His responses were practical and he frequently drew on examples from his career at Heineken as well as his time as a non-executive board member at firms including ABN-AMRO, Philips, Sara Lee, DSM, etc.

Ray1CEIBSVan Schaik also weighed in on the challenging issue of succession, especially for firms with global ambitions.  “If it’s an international company, or one that wants to go global, the family member destined to take the helm must have had international exposure,” he said. “They need to be conscious of the world outside, with its different ethics, different political structures.”

Vital elements that would help in these situations and generally in successfully running a family firm, he said, include deep understanding of the family and respect for the business they had built. It was also crucial, he said, to have trust between the owners, outside talent and other stakeholders. “If you’re not completely straight with people, you sign your own death warrant,” van Schaik told the packed lecture hall.

CEIBS Dean Ding Yuan, who moderated the event, echoed van Schaik’s views on the need for owners of family businesses to leave room for non-family member CEOs to do their job. He added that van Schaik’s advice that owners should never bypass their CEO and give orders directly to subordinates was particularly challenging in China where “information asymmetry is power”.

Ray2CEIBSIn a glowing introduction of the evening’s guest speaker before his lecture, Dean Ding also announced the launch of a research fund in honour of van Schaik. Under the research proposal, “Aged to Perfection: Benefits from An Inactive Population” the goal is to attract four projects, over a 12-month period, to examine the timely issue of how aging members of society can still add value. As van Schaik explained in his inimitable style of shooting straight from the hip, the idea is to look at “how to deal with this ever-increasing lake of people that have been made redundant and have nothing to look forward to.”

Van Schaik’s hour-long lecture was followed by a brief but spirited Q&A in which both he and Dean Ding fielded questions from the audience.

Master Class, a high-end brand event, was launched in 2014, when CEIBS was celebrating its 20th anniversary. It aims to invite the most influential corporate leaders and scholars from home and abroad, providing direction, inspiration and entrepreneurial spirit for students and alumni.


The original article appeared on the CEIBS website.

GBSN Teaching Entrepreneurship: Call for Contributions

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GBSN, together with ESCA Ecole de Management and the Summit’s Steering Committee, call for your contribution to this exciting international forum, addressing and exploring innovative models for entrepreneurship education.  

This invitation goes out to faculty members, education practitioners, researchers and stakeholders interested in the impact and influence of business education on the entrepreneurship ecosystem.

Applicants are invited to submit a proposal addressing one of the following five areas:
  1. Topics and emerging issues for entrepreneurs that are important for educators to address
  2.  Innovative pedagogy, teaching tools and program design that educators should consider adopting to be effective in their respective regional or local context
  3. Women entrepreneurship
  4. Social entrepreneurship
  5. Family business
General Information
  • All Proposals should be submitted through GBSN’s online system by February 28th, 2018.
  • Applicants will receive information about the status of their submission from GBSN by March 9th, 2018, at which point additional information and interviews may be requested.
  • GBSN Membership is not required to submit an application; however, special consideration will be given to proposals that include faculty or staff of GBSN Member Schools.
  • Schools and organizations that have not presented at or attended a GBSN conference or summit in the past are strongly encouraged to submit proposals.
  • All Summit speakers are requested to ensure sufficient funds to pay for their flight, their accommodation and their registration fee. GBSN will provide a code for a significant discount on registration.
  • French proposals are welcomed and presentations can be in French or English. GBSN will provide translation.
  • The GBSN Summit does not provide a peer-review process for research or publication. Research, cases or other publications that are submitted should have practical relevance to the selected topic and do not have to be exclusive to this summit.
Please find the detailed information here


Lessons Learnt from 2018 EFMD Deans Conference

20180125 EFMD AH 389875A lot has been said about the impact of technological advancement on the world we live in. Digital revolution presents both opportunities for economic development, raising global income, improving the quality of life for people around the world, enhancing interconnectedness and access to global products and services, but may also disrupt labour markets through automation of work, exacerbate inequalities and lead to anxiety, isolation and social unrest.

“Digitalisation is a major disruptive force in the fourth industrial revolution,” said Eric Cornuel, EFMD’s CEO & Director General, opening up the annual EFMD Conference for Deans & Directors General. “In its scale, complexity and speed, it’s like nothing we have seen before.”

What kind of education do we need to stay ahead of automation and technological disruption? How should we use digital tools to enhance the teaching and learning experience, and instil in students and future leaders the aptitude and skills that will help them thrive in this disruptive environment?

Those were just some of the questions we asked ourselves during the annual EFMD Deans meeting which took place on 25 and 26 January 2018 at the Technical University of Munich School of Management. A record number of 400 deans from 58 countries gathered for two days full of discussions and insights on how to lead in the digital world.

Claudia Peus, Senior Vice President for Talent Management and Diversity at TUM & the conference Chair, stressed that business schools should not only be at the vanguard of digital transformation, but ought to discuss about its implications for the society at large. As EFMD’s CEO said: “Digitalisation can’t be dissociated from the concepts of purpose and impact.”

20180125 EFMD AH 390040In an inspiring talk, Frank Kohl-Boas, Head of People Partner North and Central Europe & EMEA at Google Germany, outlined the evolution of digitalisation from the Google’s search engine to the era of artificial intelligence and deep learning. The era where we have no longer time for prototyping but instead turn to experience-based learning, design thinking and co-creation. The era of ambidextrous leaders who don’t necessarily poses all the knowledge, but know how to ask the right questions and surround themselves with agile and curious talent.

Horst J. Kayser, Corporate Vice President and Chief Strategy Officer at Siemens, presented Siemens' view on digitalisation and analysed five megatrends which shape our world: demographic change, globalisation, climate change, urbanisation, and an overlaying fifth trend, digital transformation. “Digital transformation of businesses enables exponential growth – with new opportunities, but also new risks,” he concluded.

In a panel discussion – Isabelle Bajeux-Besnainou, the Dean of Desautels Faculty of Management at McGill University; Gerry George, the Dean of Lee Kong Chian School of Business at Singapore Management University; and Peter Tufano, Peter Moores Dean of Saïd Business School at University of Oxford – had a passionate debate on how their institutions embrace digitalisations in their curricula and market-oriented projects.

Entrepreneurial, multidisciplinary and holistic approaches have emerged as the driving forces of digital transformation in business schools.

Gerry George outlined three important assumptions on innovation: that digital is a tool, that the language of20180126 EFMD AH 391158 change is always faster than the change itself, and that we are all already digital is varying levels. Innovation strategies comprise unbundling certifications (micro-certifications), unbundling capabilities and unbundling content.

Peter Tufano pointed out to somehow slow-paced adaptation process within higher education institutions and crippling bureaucratic mechanisms, which put business schools “on the back foot” of not only digital transformation but also student and corporate relevance, especially in terms of research.

In this context, Gerry George mentioned the Responsible Research in Business and Management vision, actively supported by EFMD, which is dedicated to inspiring, encouraging, and supporting credible and useful research in business and management.

“Who will fill the educational gap if business schools become irrelevant?” Peter Tufano asked provocatively.

In one of the last panels, industry representatives from Munich entrepreneurship and innovation incubators inspired everyone with their latest collaborative start-ups combining business and technical knowledge. It was easy to get carried away by those big ideas, but Helmut Schönenberger, CEO of Unternehmertum Venture Capital Partners GmbH, stressed the importance of staying down to earth while working of innovative ventures. “One may have a great idea, but this idea has no value unless you bring it to the market,” he said.

During the two days, we also discussed changing business models, ethical management challenges, new learning mechanisms in a digital context, emerging leadership models, curriculum design, faculty management, relationships with parent university and managing strategically the accreditation process.

20180126 EFMD AH 392209Finally, Nick Lovegrove, Business Strategist, Writer and Executive Coach & Former Senior Partner at McKinsey & Company and the Brunswick Group, left us with some burning questions on the effective leadership and societal impact. “Business will not be part of the solution if we have a very narrow conception of the business aim,” he proclaimed.

Given the challenges of globalisation, technology, sustainability and longevity, business schools need to set clear priorities for themselves and their students, which include mastering several disciplines (many schools already allow pairing a business degree with another degree), maximising collaboration, encounter and learning from cross-disciplinary perspectives, and finally, implementing six dimensions in the educational journey – a moral compass, an intellectual thread, transferrable skills, contextual intelligence, extended networks and a prepared mind. “We’ve come to a fixed rather than a growth mind-set,” he said. And this needs to change. We don’t have a choice but to “educate integrative problem solvers to solve today’s complex problems.” We need more breadth rather than depth.

Many of the concepts Nick Lovegrove talked about during his engaging speech, can be found in his latest book “Mosaic Principle,” which conference participants received as part of their conference material, and in the latest Global Focus magazine article.

Eric Cornuel, Director General & CEO of EFMD, commented: “Since we launched the EFMD Deans and Directors20180126 EFMD AH 391452 General Conference in 1973, this premium event for business schools’ deans has fuelled insightful discussions, witnessed the initiation of long-standing relationships and the establishment of new partnerships between schools. It has seen the launch of many new projects and innovative services such as the EQUIS accreditation, whose 20th anniversary we were celebrating just last year. I am happy that in its over 40-year history, the conference has become the place to be for the heads of leading business schools worldwide.”

Discover 40 years of innovation at EFMD in this short VIDEO.

Pencil the next dates in your calendar. On 21 – 23 January 2019 we meet at CEIBS in Shanghai.

The conference was sponsored by EFMD’s strategic partner Graduate Management Admission Council (GMAC).

A throw back at the live reactions from the conference is available on our Twitter moments feed.

European Summer Week in Brussels

Guest post

UCL School of Management in Belgium together with with Brussels Enterprises Commerce and Industry, and Saint-Louis University are launching European Summer Week in July. We would appreciate if you could share the following message with the students:

“Dear Bachelor's student!
 
Want to join us in Brussels in July? We are organizing an entertaining and inspiring European Summer Week. We will offer exclusive trips to EU institutions and challenging discussions with today’s European business leaders and heads of companies (Google, the Sonaca Group, etc.). Together with students from all over the world, we will visit Bruges, Ghent and some undisclosed Belgian woods. There, not only the EMPs' shoes but also your spies' camouflage will be tested to the limits.”

Registration deadline: 30 April 2018

Pre-registration deadline with a discount : 31 March 2018 (The program fee include: accommodation on campus, day trips and social activities, costs of restaurants, transport, and other materials).

Only 20 students per nationality!

Learn more at uclouvain.be/lsm-europeansummerweek or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

European Summer Week 2018 image

Sharing Best Practice Workshop - Learning & Innovation: Catalysing Performance

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Organisational success requires both, operational excellence in what our organisations do today as well as innovation and change in building our future in a dynamic world. Digitalisation is reinforcing the quest for innovation, be it incremental or breakthrough, be it at the customer interface or within organisations and their ecosystem of partners and suppliers. We need shorter response times, more adaptability to change and sometimes more external orientation. The corporate learning function has a paramount role in driving an innovation mindset, in supporting experimentation and exploration, in leveraging inorganic growth as a source of innovation and change, and in connecting the dots across the enterprise for reaching a higher level of its performance.
 
This Sharing Best Practice workshop will focus on “Learning Innovation, Catalysing Performance” and will be hosted by Repsol in Madrid, Spain on 21 evening - 22 March 2018.

In this one-day workshop, Repsol will showcase how their learning function is supporting, in a systematic manner, the development of innovations that supports businesses consistently. We will visit the Repsol R&D center and see two concrete innovation cases. Mazars, Santander, Steelcase and Telkom Indonesia will contribute additional cases, and we will discuss leading global practices to foster innovation. 
 
Participants will:
  • Understand L&D’s power in driving innovation
  • Explore best practice cases from Repsol and other companies
  • Reflect on their own opportunities for learning and innovation to increase sustainable performance
  • Be incited to experiment with new ideas when back in their organisations
Please click here for the programme and registration.

For more information, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

This workshop is by invitation only and is dedicated to corporate learning and corporate HR practitioners from companies. 

Free of charge for EFMD member companies and special guests (special guest = ONE free seat to attend ONE workshop for discovery for non-members.)

Telkom Indonesia Accredited by CLIP

EFMD Blog header CLIP accreditation TelkomThe 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 Telkom Indonesia has been successfully accredited by CLIP.

Martin Moehrle, Associate Director, Corporate Services, who leads the CLIP process at EFMD, commented: “EFMD is very pleased that Telkom Corporate University (TCU) has successfully gone through CLIP accreditation. We were particularly impressed by the strong sense of ownership of TCU’s mission by Telkom’s top management and by the resources it allocates to learning, by TCU’s role in catalyzing innovation and change, by Telkom’s integrated approach to talent management, by TCU’s business partnering practice and by the strong brand and positioning at national level. We congratulate TCU for this achievement and look forward to their continued contribution to the CLIP community.”

“This accreditation very meaningful to Telkom Corporate University, measuring the quality of service to Telkom Group with world standard. This is a point of pride for all members of Telkom Group,” added Danang Boskoro, Senior General Manager, Telkom Corporate University Center.

Telkom Indonesia is part of the community of CLIP accredited organisations which also include:

Akademie Deutscher Genossenschaften ADG, ArcelorMittal, BBVA - Banco Bilbao Vizcaya ArgentariaCapgemini UniversityEDF GroupEDP - Energy of Portugal, ENGIEGas Natural FenosaGrupo SantanderMazarsMLP Finanzdienstleistungen AGOCP, PertaminaPSA Peugeot CitroënRepsolSberbank Corporate UniversitySiemens AGSwiss Reinsurance Company Ltd. and UniCredit Group.

The CLIP 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.

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.

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

HUMANE Professional Pathways Programme for Senior Finance Professionals

HumaneBlog

Re-framing financial leadership in a more complex and turbulent world

Hosted by Utrecht University, March 12-13, 2018

With contributions from:


  • Marko Mršnik, Senior Director, S&P Global Ratings
  • María J. Redondo, Founder and Director, ImprovToritos & ImprovLead
  • Bob Rabone, Former CFO, Sheffield University
  • Timothy Murphy, Senior Cyber Security & AI Consultant
As the world has become increasingly complex and turbulent over recent decades, European higher education has fared remarkably well.

But as the combined mega trends of Europe's demographic crisis, the shift eastwards of political and economic power, and the advent of artificial intelligence gather momentum, is this apparent stability sustainable?

Can higher education keep dodging the bullets and retain relatively predictable funding compared with others, based on a business model that has remained largely unchanged for 70 years?

How rapid and disruptive will the resulting changes be? And what are the consequences of these changes for European higher education, for individual institutions and the role of senior finance professionals?

These are just some of the questions which the senior finance professionals pathways programme will address. Click here to view the final programme.

It is designed to be a highly interactive, professional and personal development experience, led by an impressive array of contributors.

Register here to secure your place. This programme would be ideal for a range of senior finance professional including CFOs, FDs, Planning Directors, Chief Accountants, Financial Controllers and senior management and project accountants. As ever, Heads of Administration HUMANE members are also welcome to join the programme.

Register now to secure your place.

Participate in the 2018 GMAC Corporate Recruiters Survey

GMAC corporate ad 2018
Each year, EFMD cooperates with the Graduate Management Admission Council (GMAC), MBA CSEA and business schools around the world, to conduct a study among employers that recruit and/or hire recent business school graduates.

Sign up at gmac.com/employersignup

As a benefit of participation, GMAC researchers offer you reliable, actionable, forward-looking data in different report formats to give your company a competitive edge. Participants to GMAC surveys receive the survey report summarising significant findings and their implications for the industry, as well as access to an exclusive benchmark report. This tool enables you to see customised results specific to YOUR region.

This survey will take between 15 to 20 minutes to complete. To begin, click the following link. The survey must be taken in one sitting.

The survey needs to be completed before 18 March 2018.

GMAC will not share your email address with any outside vendor. You will receive an invitation twice a year (along with gentle reminders) to participate in our surveys.  If at any time you choose to withdraw from our research, you may do so by using the 'Unsubscribe' link at the bottom of our email invitations. Click here to see our complete privacy statement.

To read more about survey participation, and see last year’s results, visit gmac.com/CRSDetails or contact GMAC Research at This email address is being protected from spambots. You need JavaScript enabled to view it..

Participate in the 2018 GMAC Corporate Recruiters Survey

2018 GMAC Research CorporateRecruiters EFMDSignUpAd 607x285
Each year, the Graduate Management Admission Council® and EFMD join forces to sponsor the annual Corporate Recruiters Survey - collecting data from hundreds of employers around the world about 2017 hiring outcomes, 2018 hiring expectations, internship plans, international hiring, and skills.

We encourage your Business School to participate in this survey by signing up by 2 February at:

gmac.com/surveysignup

The GMAC Corporate Recruiters Survey Report offers a unique view of the current hiring outlook for graduate business students. Findings analyze demand for business school graduates by industry and world region, salaries, job functions, and mobility in regional job placement. Insights into company hiring plans, compensation trends, and regional job placement are especially important, as employment outcomes are a top factor driving prospective students’ decisions to pursue a graduate management education.

Achieve your Career Services goals:

  • Gauge current hiring demand for business school graduates by major world regions and industries and learn how marketplace trends may translate into employment opportunities for your graduating class.
  • Explore data on expected compensation for recent graduate business school hires, including median starting salary and non-monetary benefits, as well as job placement and mobility.
  • Understand recruiter behavior and practices, including most effective recruitment methods, and school and candidate selection criteria.
  • Learn about skill sets and skill proficiency levels that employers expect recent business school graduates to possess upon hire.
For the 2018 edition, there are two easy ways to participate:

  • Option 1: GMAC administers the survey to your employers directly. Your school provides GMAC with a list of employer contacts, including name, email address, and company name. GMAC sends the survey invitation and follow-up messages to employers.
  • Option 2: Your school administers the survey. GMAC will provide your school with suggested survey and reminder emails, and a generic school-level URL. Your school will invite your employers to participate in the survey directly.
Sign up your school to participate anytime from now until 2 February 2017 to be sure your school hears from the employers that recruit your students about their hiring projections and the skills they seek in business grads. The survey launches on 9 February 2017.

Schools signup at gmac.com/surveysignup

Employers signup at gmac.com/employersignup

For more information, visit gmac.com/crsdetails, or contact GMAC Research at This email address is being protected from spambots. You need JavaScript enabled to view it..

The survey is conducted by GMAC in partnership with EFMD and the MBA Career Services & Employer Association (MBACSEA).

Evolution or Revolution - the Future of the MBA?

crystal ball Sticky
For the first time ever, the full time one-year MBA is a more popular choice with students than the two-year degree, according to the seventh edition of the Tomorrow's MBA study from CarringtonCrisp, which was run for the seventh time in association with EFMD.

The global study, conducted amongst 1,463 students from 75 countries, reveals that 27% prefer a full time one-year programme over a full-time two-year programme (25%).

However there are differences when we compare applicants' preferences from certain countries. Whilst students in countries including UK, Canada and Nigeria favoured the one-year option, those from Germany, India, Indonesia and the US, amongst others favoured the two-year version.

Andrew Crisp, author of the study comments: “Globally, there are a number of reasons the one-year full-time MBA is growing in popularity. Careers and employment are changing rapidly, so students want to acquire new skills and achieve a return on their investment quickly. There is also perhaps the wider societal change with an interest in instant gratification.”

Interestingly, the combined percentage of respondents who prefer part-time (16%), online (19%) or blended (5%) study exceed the total of either full-time option, so there is a necessity and an opportinity brought by new technologies and new delivery models.

The study looks at multiple student views on MBAs including motivations for studying, which programme content is most valuable, financing an MBA, the role of faculty and attitudes to rankings.

The study examined respondents’ motivations to study an MBA. The four most popular reasons were improving employability (32%), improving earning potential (28%), pursuing an international career (26%) and had planned to study as part of personnel development (25%).

A quarter (25%) up from 20% in the previous study relayed it was to help them start a business. Entrepreneurship featured in other aspects of the study. It is one of the top three choices for a specialist MBA (11%), alongside IT (14%) and Finance (12%).

The value of entrepreneurship as MBA content has increased from 5th most important in the previous study to 3rd, only behind strategy and leadership. Technology management (15%) has risen significantly in terms of its value, having previously been chosen by only 9%.

As part of the study, respondents were asked about the financing of an MBA. Just over half (51%) responded that they would only study for an MBA if they received a scholarship, 54% if they could get a loan to cover some of the costs, and 42% if their employers covered some of the costs.

Related to this, respondents relayed what factors would encourage them to pay more for their studies. The top four responses were high quality teaching staff (46%), a school attracting top employers (38%), better career services (38%) and a higher ranking (36%). Conversely the factors least likely to attract higher fees were stronger alumni networks (18%) and more frequent contact with faculty (14%). 

Whilst there were few noticeable differences amongst national groups on what would encourage higher fees, 40% of male respondents indicated they would pay more for a higher ranked school, compared to only 31% of female respondents.

Andrew Crisp concludes, “The MBA market becomes more diverse every year, whether it’s content, specialisation, delivery or programme length. Business schools need a clear MBA strategy - what part of the market do they want, because they can’t be all things to all men and women, and all nationalities.”

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To find out more about some of the key findings in this year's report, you can read the launch blog on the CarringtonCrisp website or contact This email address is being protected from spambots. You need JavaScript enabled to view it. for press.

To be part of the next round of the Tomorrow's MBA study, running from early November 2018, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

GBSN 2018 Experiential Learning Summit in Lima, Peru

gbsn


The Global Business School Network, Universidad ESAN and The Latin American Council of School of Administration - CLADEA, invites business school deans, directors and faculty to a highly interactive, international summit on Experiential Learning that provides an in depth examination on how schools use real-world projects to give their students an impactful learning experience. 

The summit will convene colleagues from around the globe with a shared interest in improved management education for the developing world to discover innovative approaches to applying action based learning curricula with an emphasis on the Latin America context, explore opportunities to increase multi-sector engagement in management education within the region, engage with international peers to share experiences, best practices, and lessons learned, and design an experiential learning program that can be applied to your management education curricula.

Registration is now available. 
GBSN Members is $250; Non-Members: $375; Regional Rate: $150

Please, go here for more information. Download the flyer.

Three New Courses Certified by EOCCS Online Course Certification System

EFMD Blog header EOCCS both

Many congratulations to ESSCA School of Management and Politecnico di Milano School of Management, whose courses have been recently certified by EOCCS Online Course Certification System.

Three courses from these two renowned institutions have been awarded EOCCS Certification:

ESSCA Ecole de Management, France

- MOOC: Creative Box

“EOCCS certification for our MOOC “Creative Box” is not only a recognition of the excellent work of ESSCA’s Institute of Advanced Pedagogy, but an encouragement for further steps,” said Samir Ayoub, Dean of ESSCA School of Management. “We congratulate EFMD for providing this international benchmark, and we appreciated the very straightforward peer-review process, which is perfectly in line with the philosophy of providing expert feedback for further improvement. Most importantly, we are happy to join the emerging, yet already dynamic EOCCS community on the future of online learning. Exchange on best practices and shared expertise will provide precious input into our overall teaching and learning strategy.”

Politecnico di Milano School of Management, IT
Executive MBA Program
- Course: Innovation Management
Flex Executive MBA Program
- Course: Supply Chain & Operations Management

Andrea Sianesi, Dean of MIP Politecnico di Milano Graduate School of Business said about the achievement: “The School of Management of Politecnico di Milano is extremely proud of its EOCCS certification, the first awarded in Italy. We firmly believe that digital technology can totally change the way we approach the education, training and continuous development offered to managers and executives. We were the first to teach an EMBA in digital learning, our Flex EMBA, recognised by AMBA to be among the six most innovative EMBA courses in the world, because students acquire the same skills and make the same personal connections as if they were taking a traditional Master, while they also enjoy the benefits of the most advance technology."

"Online learning is now central to all of our Masters and courses, including those offered to companies. Receiving this EOCCS certification is a further acknowledgment for the School, coming closely on the heels of the Financial Times’s 2017 rankings, which listed the School among the best business schools in Europe for the ninth year in a row, and of the prestigious QR ranking, which placed us 20th in world for our international Master in Business Analytics and Big Data.”


"We would like to warmly congratulate both institutions for the tremendous work they put into the development of their online courses and for the completion of the certification process. EOCCS gives online courses within universities, business schools, corporate learning organisations and public agencies a top international quality benchmark in the online learning landscape, strengthening not only their market positioning but also allowing for critical self-reflection and peer assessment,” added Anne Swanberg, EOCCS Director.

The system is open to any institution delivering online business and/or management-related courses that are stand-alone or constitute part of a certificate or a programme.

With 38 certified courses from 13 institutions, EOCCS has built an international quality benchmark for online courses worldwide. If you would like further information or are interested in your online course taking part, please visit the EOCCS website or contact This email address is being protected from spambots. You need JavaScript enabled to view it.

AlmaU Is in Top-3 Business Schools of Central Asia

AlmaUAlmaty Management University (AlmaU) has strengthened its position of Top business school in world rating agency Eduniversal-2017 (France), taking 3rd place among 68 universities in Central Asia.

The first place was shared between AlmaU and Indian Institute of Management Calcutta. It was announced on solemn rewards ceremony "top-3 business schools" which was held on 10th world Convention in Dubai on 9th of September.

The award was given to the president and founder of Almaty management University Asylbek Kozhakhmetov during the gala dinner. As the ceremony speaker has said: "It was the first time when India business schools have given the pace to others!" It was always them who used to take the first places annually.

In the framework of the contest, there were three best business schools in each of nine geographical zones, which were rewarded by members of the Scientific Committee Eduniversal. The geographic zone of Central Sia consists of 3 schools from Kazakhstan: Kimep, Nazarbayev University. AlmaU, 47 schools from India, 3 schools from Pakistan, 13 schools from Bangladesh, Bhutan, Kyrgyzstan, Maldives, Nepal, Sri Lanka, Uzbekistan. 

The winners were chosen using the poll method, references, and interviews from 1000 deans and the strongest business schools executives who voted in Eduniversal Deans in 2017.

At the panel session of the 10th World Convention Asylbek Kozhakhmetov came out with the report on theme «The start-up model as a key element for programmes». At the end of his speech he invited all the participants to the annual international forum "Entrepreneurship in fast-growing societies", which will be held in Almaty Management University in May.

It must be mentioned that Eduniversal is a global rating agency, which makes an annual rating of business schools and universities in more than 150 countries.

NTU Business School & FoM at Warsaw University Accredited by EQUIS

EFMD Blog header EQUIS STICKY
EFMD would like to warmly congratulate Nottingham Business School at the Nottingham Trent University, United Kingdom, and Faculty of Management at the University of Warsaw, Poland, which have been awarded EQUIS accreditation.

Martin Schader, the EQUIS Director, commented: “We are delighted to welcome Nottingham Business School at the Nottingham Trent University into the community of EQUIS accredited schools. Nottingham Business School is an example of a school which leverages its corporate connections and provides its students with an outstanding personalisation programme, which could serve as a best practice model in the sector. It is a true pleasure to congratulate on the success of a school which has moved up the quality improvement ladder, from having its BA International Business Suite accredited by EPAS (EFMD Programme Accreditation System) four years ago to achieving the leading international recognition for the whole institution.”

We are all delighted to be EQUIS accredited which is truly the gold standard of quality for business school world-wide. Passing the threshold of EQUIS has been possible by full engagement with the EFMD Network, where we have learnt from the best in the world and have actively utilised the quality improvement framework to become one of the best in the world," added Baback Yazdani, the Dean at Nottingham.  

"It is through continuous improvement and innovation that we have had an exceptional year at Nottingham Business School (NBS) and Nottingham Trent University (NTU) when the School has achieved leading positions in all fields of its activities and our university has achieved TEF Gold and awarded the Times Higher Education University of the Year too. We are committed to further develop ourselves and of course contribute to the EFMD family for many years to come.

Alojzy Nowak, the Dean at Warsaw, commented on the achievement: "It is with great pride that we received the information about the EQUIS accreditation for Faculty of Management, University of Warsaw. We are honoured to be welcomed into EQUIS family as one of two business schools in Poland. This accreditation is a step of exceptional significance in our pursuit and quest for excellence and proves we are on the right path  - a path of continuous improvement and raising our position as a top business school in the region."

“The Faculty of Management at the University of Warsaw is one of the leading business schools in Central and Eastern Europe, which should be commended for its research output, particularly in the areas of entrepreneurship, public sector management and antitrust policies and strategies. There is no doubt that its strategic quality improvement drive, firmly embedded in the School’s internal culture, will allow the Faculty of Management at the University of Warsaw to continuously advance in the quality improvement process as part of the community of EQUIS accredited schools,” added Martin Schader, the EQUIS Director.

The list of re-accredited schools is available here.

EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against a set of international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality. EQUIS has now accredited 174 schools across 42 countries.

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

Thirteen Schools Re-accredited by EQUIS

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


“We are delighted with the news that the School of Business and Economics, Loughborough University, has been reaccredited for five years. EQUIS accreditation is very important to us as an internationally minded business school, and we have worked consistently to improve the quality of our activity, first recognised by EQUIS in 2008. To have our efforts reaffirmed in such a way is extremely pleasing, but also confirms how strong our school is now that EQUIS accreditation is recognised all over the world by students, academia and business as a significant indicator of business school quality,” commented Stewart Robinson, the Dean at Loughborough.

David Oglethorpe, the Dean at Sheffield, added: "We are delighted to be re-awarded EQUIS accreditation, confirming our position amongst the best management schools in the world. Accreditations are vital in the pursuit of excellence at Sheffield University Management School and we’d like to thank EFMD and both the EQUIS Peer Review Team and Accreditation Board for acknowledging our continued success. I am especially proud of our continued excellence around ethics, responsibility and sustainability, themes which shape our mission, vision, research and strategic focus. The School is committed to raising its international reputation for quality research and learning provision and continuing to improve against the EFMD standards, so our continued accreditation is highly valued.”

“HEC Lausanne is extremely proud to receive a 5-year EQUIS accreditation. This is a fantastic achievement, which certainly reflects the quality of our School, but which is also the result of the support of the University of Lausanne and of the excellence flowing through the EFMD network,” commented Jean-Philippe Bonardi, the Dean at HEC Lausanne.

Per Cramér, the Dean at Gothenburg, commented on the achievement: “It is an honour to have been awarded re-accreditation for a further five years and the Senior Management Team of the School is grateful to the School’s faculty, staff, students and other stakeholders whose dedication and engagement have enabled this achievement. The PRT’s overall assessment of the School as a high quality institution of education and research, positively impacting business and society within Sweden and around the world is very pleasing. The PRT’s comments and recommendations will be of great use in the School’s forthcoming development.”

Dean at Groningen, Herman de Jong was delighted to hear the news: “We are so proud to have had our EQUIS accreditation extended. It is a great symbol of our continued success and high-quality performance. It is particularly welcomed as the key focuses for the accreditation are precisely our current strategic goals, encouraging us to keep striving for excellence in these areas.”

”We are extremely delighted with the EQUIS re-accreditation for five years. Since our initial accreditation in 2000, the EQUIS standards, recurrent review processes and the constructive feedback from the peer review teams have played a fundamental role in our continuous quality improvement and future development emphasising high-quality research and study programmes that guarantee good career prospects for the students,” commented Karen Spens, the Rector at Hanken.

Thomas Pallesen, the Dean at Aarhus, emphasised the value of the accreditation process: "The EQUIS accreditation is a seal of approval of our ambition to exploit the potential of our strong research bases in both business and social sciences, but also of the interface between the two. And this is an ambition that we look very much forward to developing further in the years to come. We are honoured to be an EQUIS accredited school, and we are proud of our achievements that were made possible by our committed and dedicated faculty, administrative staff, students and external stakeholders."

"Participating in international accreditation is an important step to implement the internationalisation strategy of UIBEBS. The 5 years EQUIS re-accreditation is surely a landmark achievement of the School. In the future, UIBEBS will continue to take the high standards of world-class business schools as self-requirements, and to improve our international education quality and international influence," added Yonggui Wang, the Dean of UIBE.

Fan Wang, the Dean at Sun Yat-sen, added: “Being awarded the five-year EQUIS re-accreditation is of great significance for the School: to promote our global development in the discipline of business administration and enhance our cultural consciousness and strengthen the cultural confidence.”

“EQUIS praised the School for its own innovative way to meet international high-quality standards while keeping closely in line with the Chinese environment. As a prestigious business school in China, we will continue our pursuit of high quality standards in education, research and development, while implying our pioneering position among international business schools.”

Finally, Wilfried Lemahieu, Dean at the KU Leuven, commented: “We are immensely pleased with acquiring EQUIS accreditation for five years. In recent years, EQUIS has been a quintessential compass with respect to the School’s strategy and governance and the re-accreditation is therefore a recognition of the School’s strength and international status. Moreover, the School is very satisfied with the meticulous assessment by the EQUIS Peer Review Team, which managed to perfectly capture the School’s essence, as an academic institution with an extremely strong interplay between high quality research and education, founded on a collegiate corporate culture which extends beyond academic staff towards administrative staff, students, alumni and corporate partners.”

Martin Schader, the EQUIS Director, added: “I would like to congratulate all the schools for a successful EQUIS re-accreditation. EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality and all the schools should be commended for their commitment to excellence.”

EQUIS has now accredited 174 schools across 42 countries. More information on EQUIS is available at www.efmd.org/equis

2017 EFMD GN Americas Conference: Concluding Remarks

2017 EFMD GN Americas Annual Conference homepage

Guest Post by Jorge Haddock, University of Massachusetts Boston, Chair of the Conference
New York City, USA – 29November - 1 December 2017

Four themes emerged throughout the conference, (1) the impact of technology in pedagogy and all other aspects of business education, (2) business disruption, most led by technology, (3) the talent gap, and (4) the disconnect between academia and practice.

In the opening keynote, Julio Portalatin, CEO & President, Mercer, USA argued that it’s all about leadership rather than management, leading for success and positioning the company for the future. More jobs will be created than displaced by technology.

He also posited that although business disruption is being led by technology, companies like Amazon realised that it’s not all about technology and that some human interaction is required. That’s why they acquired Whole Foods and will penetrate the pharmaceutical market. In this technology led disruption of business we can foresee 65% of children born today going into a career that doesn’t exist today. We can also expect much of the disruption to continue around AI development.

Given the above, 93% of companies will do something major to incorporate technology and AI in the near future. It is important to recognise generational change especially around technology. For today’s, technology is a given. Hence, it is all about the organisational culture embracing technology, which requires a new work environment.

One major CEO complaint is the inability to match opportunity with talent. Another issue is how academia prepares students for the job market. On the one hand they need to be job ready on the other hand they should have wide critical thinking skills and cognitive flexibility where a more Liberal Arts type education would be more appropriate. Business schools that stay relevant among these changes will prevail. The trend indicates the rise of specialised masters programmes, but the MBA will remain the most valuable degrees. However, it will only remain so given well-rounded MBA programmes that teach students to think critically.

The panelists on Trends in Online Education showcased some of their work at their institutions and discussed the major challenges, opportunities and threats. The major challenges include a sometimes negative market perception, resistant faculty, a lack of innovation culture and pedagogy and definition of the right portfolio. The opportunities and threats include increasing interest in ROI (ROE) Return on Education, demographic shifts, adjacent markets and product subs, the parcellation of the education offering and the integration of AI.

The panelists from the corporate world (Accenture, Allianz and GloCap Search) on Preparing Students for an Unpredictable Future discussed the major challenges that organisations face when integrating talent. Two of the major challenges that organisations face are the skills gap and performance improvement.

The takeaways include:
  • Diversity of thought and experience is key
  • Ideal students are flexible, think on your feet and are good listeners
  • There is an exponential growth of knowledge that is required from students
  • Students need to communicate effectively, develop social skills and EQ
  • Ability to navigate office politics is often lacking among graduates. This includes the necessary patience and time it needs to grow within an organisation
  • Command of technology is important
  • A class on where student experience failure and how to deal with it could be highly valuable
There is a disconnect between academia and practice due to faculty who believe they know what they should be teaching. Business Schools are supposed to provide great thinkers and people with the necessary hard skills to hit the ground running: to what extent are Business Schools responsible, to what extent are companies responsible and to what extent individuals?

Attendees finished the day in the Beyond the Tip of the Iceberg: Networking Session and had the opportunity to engage in an open-format interactive session where they identified and discussed with their peers challenges that they face at their institutions.

The next morning, Dean Soumittra Dutta discussed New York – the Epicenter of Creativity and Transformation. He described Cornell Tech in New York City and its implications on disruption in Higher Ed and economic development: An alternative ecosystem to Silicon Vally that combines business education, computer science and engeneering while being close to Business. The ambitious vision is to transform New York ‘s economy by horizontally affecting existing industries with innovative technological disruption. The incredibly resourced poject showed innovation by an interdisciplinary set-up going so far that faculty hiring decision are done by an interdisciplinary committee, faculty offices were abandoned and impact became a promotion criterion for faculty.

Creating sustainable ecological and financial systems was discussed in the final session titled Unconventional Leadership in a Complex World: social innovation through partnership & creative thinking. Tijuana was one of the most dangerous cities on earth according to homicide statistics and the place where Torolabs works, an art collective that creates change on the microlevel by applying social innovation. Leveling canals, buidling farms, bringing together architects, artists, psychologists, business men, researchers, MBA students and engineers to create a community in the middle of the most dangerous hot spots of Mexico led to a 85% decrease of the crime rate. Participants saw a wonderful example how impactful change is possible.

Questions for reflection to take home:

  • Is social media adequately embraced by academia?
  • What is the importance/impact of machine learning for your school and business in general?
  • What should business schools be doing other than teaching students to get a job?
  • How are you adapting to the different behavior of younger generations (shorter attention spans, listening skills)?
  • Are you comfortable with embracing change? Are you comfortable with the uncomfortable? How to prepare for what's coming next?
  • Are you, your students, your alumni, your institution lifelong learners?
  • Should business schools be managing expectations upon graduation? Who is to blame? Parents, business schools?
  • Do your programmes teach failure?
  • Are you ready for the technological change that affects almost all industries?

EFMD Celebrates New EPAS Accreditations and Re-Accreditations

EFMD Blog header ALL

We are very happy to announce that the EPAS Accreditation Board has recently awarded EPAS accreditation to one new programme, and that two programmes were successfully re-accredited.

The following programme has been recognised by the EPAS quality label for the first time:

Peter Faber Business School, Australian Catholic University, Australia
- Bachelor of Commerce

“The Peter Faber Business School, Australian Catholic University is honored to become part of the global EPAS family. While the process was demanding, it reinforces to us the value of receiving EPAS accreditation which recognises quality in the field of business and management. We appreciate the observations and recommendations of the accreditation team which will guide further quality improvements to our Bachelor of Commerce as we seek excellence in a quality business education programme. We look forward to a long a rewarding association with EFMD and EPAS,” said Susan Dann, National Head of the Peter Faber Business School.

The two following programmes have been successfully re-accredited:

Chulalongkorn Business School, Chulalongkorn University, Thailand
- Master of Science in Finance (English Programme) 

"We are much honored that the Master of Science in Finance Programme has been granted a 5-year accreditation from EPAS, the highest mark any programme can achieve," commented Pasu Decharin, Dean of the Chulalongkorn Business School. "After the first 3-year accreditation received back in 2015, the MSF Programme has passionately embraced EPAS guidance and recommendations from the previous peer review team and diligently implemented measures and activities that help us to be even better than we were 3 years ago. As we learn about the EPAS recognition of the hard work the MSF Programme has put in and the resulting quality improvements it has achieved, we rejoice and celebrate together and look forward to an even brighter future at Chulalongkorn Business School."

LUT School of Business and Management, Lappeenranta University of Technology, Finland
- MSc in International Marketing Management 

”We are delighted at LUT School of Business and Management to continue to be a member in EPAS family. We value the international recognition and the rigorous accreditation process that has helped us tremendously in our pursuit of excellence and quality in education,” declared Sami Saarenketo, Dean of LUT School of Business and Management.

David Asch, Director of Quality Services & EPAS Director, commented: “We are delighted to welcome the Peter Faber Business School into the EPAS community and to celebrate the re-accreditation of two excellent programmes. The EPAS accreditation from EFMD is one of the most demanding yet effective ways to certify the quality of a programme in the field of business and management. We would like to warmly congratulate all three schools for the tremendous work they put into the development of their programmes and for the completion of the accreditation process.”

EPAS was launched in 2005 and in 12 years has had a considerable impact on the quality of business school programmes all over the world. There are currently 108 programmes from 81 institutions across 38 countries accredited by EPAS. For more information on EPAS visit www.efmd.org/epas

Season's Greetings 2018

EFMD Wishes 2017 homepage

Triple Helix: Managing Regional Innovation Ecosystem - Webinar

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Webinar: 12th December 2017, 6 pm CET Time


Objective of the Webinar

This webinar aims to bring two distinctive perspectives from an academic and a policy and practitioner perspective. Both speakers will address issues related to the emergence, development, structuring and management of regional innovation ecosystems (mostly now in a context of smart specialisation), including strategies and challenges for policy and governance. Since we are in a Triple Helix backdrop, the interactions around universities, industry (in the broader possible sense) and government (all types) will be also in focus.

Target audience

Traditional Triple Helix members – predominantly academics and innovation consultants, specialising in innovation systems, knowledge transfer, university-industry collaboration, science parks and incubators, and other topics related to the Triple Helix model.

Talk 1: Regional innovation systems, new approaches to mapping potential and fostering co-operation - by Alasdair Reid

Regional innovation systems theory and policy has evolved considerably over the last 20 years since first emerging in the mid-1990s as a new strand of thinking. The capacity to map and analyse the capabilities, networks and outputs of RIS has grown and novel approaches to capturing and mapping data (quantitative and qualitative) are being experimented to support regional smart specialisation partnerships to develop strategies. In parallel, the policy instruments and policy delivery mechanisms are evolving to reflect much more open, complex and diverse types of co-operation that can occur within and across regional innovation systems. This presentation will provide insights from recent and on-going research carried out both the mapping of regional innovation ecosystems (including the context of the smart specialisation process) as well as outlining new policy approaches that can help strengthen regional innovation systems.

Talk 2: Reverse thinking regarding the place of SMEs in a regional eco-innovation system - by Christian Saublens

Today, most policy makers start to look how the regional assets are able to enhance innovation. This seems to have a limited effect. Shouldn’t they start to analyze what regional enterprises need to innovate and be competitive in order to redesign the support services? For a lot of reasons SME, representatives have difficulties to understand the intervention logics of public and academic stakeholders. This has for consequence i.a. a mismatch between the offer of public support and the entrepreneurs’ expectations. Should the actors of the innovation ecosystem better consider the enterprises’ needs, the type of innovation matching the 5 critical functions of the enterprise and the interactions between the enterprise with its customers as well as with public and semi-public actors.

The Presentation will focus on the following issues:

  • Policy support system of an innovation eco-system,
  • Innovation eco-system of an enterprise,
  • What type of innovation for each of the enterprise core assets?
  • How can policy makers detect and respond to the enterprises’ needs?
  • What can enterprises expect from the high education stakeholders?
For all practical information, please visit the event's webpage.

The Business of Impact: Does Anyone Use Management Research?

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Business schools have been criticised for decades for lacking relevance in their teaching and research. And for good reason in some cases. However new research shows that the disconnect is hardly their fault alone, and Simon Linacre argues that now is the time for business schools to lead the way for all social science research in recognising co-creation and cyclical approaches.

 
In their now seminal piece in Harvard Business Review in 2005, Bennis and O'Toole seemed to touch a real nerve in their assertion that business schools had lost their way, and lacked the 'courage' of other professional schools in medicine and law to define the standards that would benefit their professional students. When the article was published, I had been with Emerald Publishing for just over a year, but its effect seemed seismic. As a publisher with over 100 business and management journals at the time, we took it very seriously, and reflected on what it might mean for business schools, many of whom were our customers. How should we develop our journals to meet the new demands that might come our way?

In truth, the article did not seem to change anything at first. However, in the last dozen years the business school industry has seen gradual, but nevertheless major, changes. Enhancements to accreditation processes, government demands such as impact case studies in the UK's Research Excellence Framework and initiatives like EFMD GN and FNEGE's Business School Impact System (BSIS) have all made business schools more relevant, but without changing the some of the major drivers in play that disincentivise academics from building greater impact from their research and teaching.
 
CoverFrustration at this lack of movement and aware of the role played by publishers in this stasis, Emerald commissioned some original research in 2017 from Research Consulting, which was published in November in a white paper titled 'The business of impact: does anyone use management research?'. Emerald did this to firstly prove that the relevance gap was there, and secondly to get some clues about what could be done about it. That there is a gap is quite clear - for example, a whopping 97% of academics feel their research has some sort of relevance outside academia, but only a third feel incentivised enough to actually engage with practitioners. What came through loud and clear is that while there is ample opportunity on both sides to engage, the structures in place actively prevent this happening.
 
So, can anything be done? There are many ideas starting to take shape in the white paper, and there is a good deal of excitement and resolve at Emerald to start working on these in the coming months and years. To take just one idea, changing the dynamics of how research is conducted, rewarded and indeed published with co-creation as the new model is a paradigm shift that would close the gap quickly. This won't be easy, but making research more relevant may mean switching from a linear model of knowledge transfer to a more cyclical one of 'knowledge mobilisation'. In other words, relevant business and management research should develop from an acute awareness and recognition of the real world context, which is more likely to be built through co-creation. 

Put simply, the more researchers see the problems affecting professionals, the more their research questions will be relevant for practice. Do this, and the seismic shift started by Bennis and O'Toole may yet shake us all from our beds.

Simon Linacre is Head of Business, Management & Economics Journals at Emerald Publishing

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What’s the Impact of Your Business School Website?

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Other than course information, course fees and rankings were indicated as the two most critical pieces of informations applicants look for on business school websites, revealed the latest GenerationWeb study.


The GenerationWeb study by CarringtonCrisp, supported by EFMD, has reviewed more than 200 business school websites since the study began life in 2007 as WebWorks, providing a detailed overview of the evolution of digital tools, their role in business education marketing and data on how students use business school websites.

Although the website is important, it is only one tool available to schools creating a digital communications strategy. Today, the website needs to be integrated alongside social media, apps, email, CRM systems and a host of other digital activities, all of which contribute to building the reputation of a school among prospective students and other stakeholders.

The 2017 edition of the study conducted among 459 undergraduate and postgraduate students from 52 countries through a series of interactive focus groups, presented respondents with 13 pieces of information on business school websites, asking which they viewed as the most important.

Other than course information, respondents listed course fees (73%) and rankings (81%) as the two most critical, with men (84%) placing greater importance on rankings than women (79%). Almost identical percentages of men (73%) and women (72%) were interested in course fees.  Next on the list of information sought are student accommodation / housing followed by living costs, accreditation and career services.

Four of the top seven choices in this year’s study are related to money – fees, living costs, accommodation and scholarships. Affordability is a key element of decision making and schools that provide comprehensive and easily accessed information about the costs of study and the support that may be available to reduce costs through scholarships will be popular with prospective students.

"However, students rarely want cheap, instead they want value for money," concludes the report.

Social media plays an ever more important role in student decision making. In this year’s study, 44% of the participants said that they used social media to search for information about business schools, up from fewer than 20% six years ago.

Facebook is the most popular social media channel used by nearly all (95%) respondents, followed by Instagram and WhatsApp (both 83%). Whilst Facebook and WhatsApp were used by similar amounts of male and female respondents, far more women (89%) used Instagram than men (74%). A similar picture emerged with Pinterest (32% women / 14% men) and Snapchat (72% women / 55% men).

Andrew Crisp from CarringtonCrisp, comments: “Whether it’s men or women, schools need a clear social media strategy to attract potential students, going beyond factual information and delivering value added content that makes their offer ‘sticky’ enough to engage applicants.”

It’s not just which social media are being used, but how students use them that is important. Social networking tools are most likely to be used to post information for friends (56%) and for social groups (55%), but nearly half (48%) the respondents use groups in social tools to support their studies, up from just over one-third last year.

The digital landscape also means search, video, blogs and more. While YouTube is popular, video is also widely used on business school websites; 63% of the study participants agree that they often watch video on school sites.

In the 2017 study, the percentage using their smartphone reached 63% (up from 4% in 2010). If you add in tablets, then the number using mobile devices reaches 66%. Laptops are used by 32% of respondents and desktops by just 2%. On a smartphone, the most important content on a business school website is scholarship details, chosen by 68% of respondents with 54% looking for accommodation information, but on a desktop/laptop site, other than course details, the key content is rankings and fees.

"On smartphones it appears that much of the information valued by students tends to be relevant further through the application process once they have decided on a shortlist of a couple of schools or perhaps even a preferred school," commented Andrew Crisp.

The GenerationWeb study is a rich source of data on how students use the internet in general, specific school websites as well as digital tools and social media when making study decisions.  Schools that included their website and paid to take part in the study receive a separate report and feedback on their site in addition to this report.  

For more information please go to http://carringtoncrisp.com/generationweb or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

5th Deans and Directors Conference - NBEAC - Creating Impact With CPEC

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About NBEAC


NBEACNational Business Education Accreditation Council (NBEAC), was established by Higher Education Commission (HEC) in 2007 to assure quality in business education degree programs. NBEAC is a national level accrediting authority to organise and carry out comprehensive program of accreditation.

EFMD has a long standing cooperation with NBEAC-HEC. It has provided resources for the training of its experts and regularly participates to NBEAC events and conferences. EFMD has established a strong presence in South Asia, among which five in Pakistan in Karachi, Islamabad, Lahore and Sukkur.

Purpose

NBEAC’s Deans and Directors Conference annually brings together more than 100 deans and directors of business schools for strategic level discussions. This year’s theme is “Business Education: Creating Impact with CPEC”. The conference will focus on the balance required between global paradigms versus the need to customise business education in Pakistan according to the local needs. Both businesses and business schools in Pakistan – small or large, urban or rural – face competition for products and services created by the spread of information technology and globalisation. However, the context, culture and heritage demands a certain degree of indigenisation in management practices and in business education. The conference program is designed to increase the effectiveness of business education in Pakistan, through debate on the mentioned issues and through related refinements in the accreditation process.

Objectives

  • To evaluate the extent to which business education in Pakistan is preparing graduates to contribute to the local and global economic activities.
  • To identify unique themes and specialisations for business education in Pakistan, keeping local needs and global trends in perspective.
  • To discuss the balance between indigenous vs. international curriculum content for effective business education in the country.
  • To share the experiences of education leaders from Pakistan and other countries, of creating a balance between indigenisation and globalisation of business education in their countries.
  • To identify ways in which accreditation can be used as a framework for addressing the challenges associated with convergence and divergence.
For more information on the programme please go here or download the conference brochure here.

Free Webinars - 2017 Excellence in Practice Awards

The EFMD Excellence in Practice Awards (EiP) recognise outstanding and impactful Learning & Development partnerships in the domains of Leadership, Professional, Talent and Organisation Development. To learn more about the winning cases from 2017, we invite you to join our free webinars.

EiP Winners Gold2017 webpage
EiP Winners Silver2017 webpage

Cisco Global Technical Leader Programme
Cisco & LIW

Tuesday 21 November 2017 (3:00pm CET)
Webinar Registration

Creating a Culture of Innovation
Telenor & INSEAD

Monday 27 November 2017 (1:00pm CET)
Webinar Registration

Nokia Adaptable Leader Programme - Turning VUCA to Advantage
Nokia & Complex Adaptive Leadership & Abilitie

Monday 4 December 2017 (1:00pm CET)
Webinar Registration

Enabling Positive Futures at Old Mutual Wealth
Old Mutual Wealth & Accelerance
Tuesday 5 December 2017 (3:00pm CET)
Webinar Registration

Tackling a Crisis
Diabetes UK & Novo Nordisk & Ashridge Executive Education
Friday 8 December 2017 (12:00pm CET)
Webinar Registration

Filling the Senior Leadership Pipeline at Mars, Inc.

Mars & Center for Creative Leadership (CCL)
Thursday 18 January 2018 (4:00pm CET)
Webinar Registration

Developing Leaders of Growth Companies
ANZ & University of South Australia Business School
Tuesday 23 January 2018 (9:00am CET)
Webinar Registration

Are you interested in taking part in the 2018 EFMD Excellence in Practice Awards?
Feel free to join the Information Session webinars on 11 December, 9 January and 1 February.
For further information, please visit www.efmd.org/eip or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

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Innovation in Leadership - Take part in this new Special Interest Group (SIG)

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Join Nokia, Baloise, Bayer, Siemens and SwissRe, alongside our sponsor and subject matter expert Hult International Business School, for an intensive learning journey in the framework of EFMD Special Interest Group on “Innovation in Leadership."

Good leaders matter, and good leadership can transform an organisation. Given the challenges we all face in the VUCA environment, we need leaders that can build resilience coupled with agility. We also need leaders who can prepare for an uncertain future whilst dealing with immediate challenges of disruption and competition that can emerge from largely unknown sources.

By joining this SIG, you will get a chance to experiment with new techniques, philosophies and technologies and share as well as debate the results of that experimentation. The SIG will therefore be intensely practical and will look at emerging research and pre-implementation experimentation.

Do not miss the chance to be part of the leadership innovation drive in a diverse group of leading companies and learning disruptors. Explore cross-functional strategies, capitalising on open sharing with your peers!

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This group is sponsored by Hult International Business School (including Ashridge).

We expect the SIG to have a duration of around 9 months. This will depend on the agreed work schedule and deliverables. It would involve at least one immersive field trip. The first virtual session will take place either on 28 November 2017 9AM CET or 1 December 2017 9AM CET.

More information on the SIG background, objectives and deliverables as well as the application form can be found on the SIG webpage.

If any further question, do not hesitate to contact Shanshan Ge at This email address is being protected from spambots. You need JavaScript enabled to view it..

Two Porto Schools Demonstrate Their Local Impact

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Porto Business School and School of Economics and Management, both at the University of Porto, Portugal, have jointly gone through EFMD Global Network’s Business School Impact System and received the BSIS label for demonstrating with well-documented evidence the impact that both schools have on their local environment.

After the 2008 financial crisis, policy makers began seeking greater evidence of learning institutions’ contributions to the public good and different measures of their accountability to multiple stakeholders. Run by EFMD GN and FNEGE, the BSIS methodology is helping business schools assess and measure their impact on the world around them,” commented José Varejão, Dean at the School of Economics and Management and Ramon O'Callaghan, President of the Executive Board & Dean at Porto Business School, University of Porto.

The BSIS process has been of great value to the University of Porto, its School of Economics and Management and the Business School, as it has offered an opportunity to measure the impact that we produce on the local community and beyond, as well as to reassess the expectations of our main stakeholders regarding our activities,” they added.

Although many discussions have focused on the assessment and measurement of impact, an interesting question concerns the organisational consequences of “impact thinking.” For us, BSIS has been a powerful instrument not only to raise internal awareness but it has also influenced our management agendas as we try to develop an impact-oriented culture in our respective organisations,” both Deans concluded.

Michel Kalika, who, together with Gordon Shenton, is one of the two co-directors of BSIS, said: “We would like to warmly congratulate Porto Business School and School of Economics and Management at the University of Porto for having undergone the BSIS assessment process and being awarded the BSIS label which is a sign of international appreciation for the schools who consider their impact as vital. It is a wonderful example of two schools working together in the same city, who demonstrate strong synergies and share a common concern for their in impact on Porto, and more globally, on Portugal.

Demonstrating the many ways in which business schools add economic and social value to the environment in which they operate has become a challenge. BSIS is an effective tool to help schools identify, measure and communicate all the positive contributions they make to the world around them," added Gordon Shenton, BSIS co-director.

About the Business School Impact System
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The BSIS process is offered in a joint venture between EFMD Global Network and FNEGE as a service to EFMD members in any part of the world.

To learn more about BSIS, please visit the BSIS website or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

AUC School of Business Launches Business Forward

2The new knowledge portal will provide insights and analysis on business and economic trends in Egypt and the Arab region.

Forward-thinking business content has a new name: As part of its continuous efforts to blend world-class education with meaningful business and economic analysis, the AUC School of Business launched the dynamic Business Forward content platform on November 6.

Capitalising on its unique position within the School, Business Forward sets out to disseminate knowledge by taking an in-depth look into trends and developments and how they impact local and regional economies. It does so through a variety of content that relies on interviews, features and opinion pieces, while also utilising visual storytelling through videos and infographs.

“Business Forward is fortunate to have prominent members of the business community – who are also members of the Dean’s Strategic Advisory Board – on its editorial board,” says Sherine Meshad, associate director of communications and marketing at the School of Business.

“Dalia Wahba, Neveen El Tahri and Tarek Tawfik have their hands on the pulse of business in Egypt, while Aliaa Bassiouny, Ayman Ismail, Kevin O’Connell and Ghada Howaidy are all deeply engrossed in cutting-edge business research developments.”

Scrolling through the online platform, readers will find that content is packaged and linked together in a way that naturally leads from one piece of informative content to the next. Want to learn about the vision and strategy for the New Administrative Capital? Right this way, please. Want to take stock of the post-devaluation effects on the Egyptian economy? Thoughts are unlikely to fluctuate on that one. Want to understand the business models behind the booming fitness and fashion industries? Read through the featured “Passion Projects”.

“Through a diverse set of content, we are setting out to reflect on how trends and developments in different industries and sectors impact the overall economy,” says Amira Salah-Ahmed, managing editor of Business Forward.

“The content featured in our launch package, for example, looks at how economies are built around things like fashion and fitness, while also painting a comprehensive picture for readers of the latest trends in financial technology, as well as giving an overview of urban development by examining the vision for the New Administrative Capital.”

Business Forward complements such engaging topics with notable events, activities and research happenings at the AUC School of Business. The platform will also create a space for dynamic discussion through its opinion section, featuring articles from guest contributors, prominent professors and business leaders.

“Business Forward stems from the commitment of the AUC School of Business to connect the business world with that of academia,” says Interim Dean and Associate Professor at the School, Nizar Becheikh.

“It aims not only at disseminating the wealth of knowledge created by the School and its different research centres in layman language, but also at providing analytical and thought-provoking intake on current issues.”

Digital times might very well be changing the way information is consumed, but the pursuit of knowledge remains the same. To this end, Business Forward is focusing its efforts on delving into the timely and relevant issues impacting business and economy locally and regionally, all while presenting this information to readers in an easily accessible and engaging way.


2017 EFMD GN Asia Annual Conference: Concluding Remarks

2017 EFMD GN Asia Annual Conference homepage

Guest Post by Peter Little, Chair of the Conference
Bali, Indonesia - 27 October 2017

Throughout the conference six themes emerged, namely: technology, data analytics, internationalisation, impact, accreditation, and leadership. 

Technology

First, technology in one form or another underpinned each session. We saw how Microsoft is now reaching into quantum computing with staggering power to process information - this technology trend offers positive opportunities for business schools to create operational efficiencies, increase our knowledge of our students' learning journeys and enrich the student experience.

Professor den Hollander, AO, Vice-Chancellor of Deakin University, showed us how she has used technology, including Artificial Intelligence, to completely re-conceptualize her university. She provided a deep insight into how universities and business schools may well look in the future. And let us not forget that Deakin University has achieved the highest student satisfaction rating in Victoria for five years in a row. The students, digital natives, clearly enjoy the rich experience provided by her digital strategy. 

We also saw how the Open University Business School has successfully built a global business using online learning. Technology is central to Open University's business model, student experience and learning outcomes. Similarly, Pertamina’s corporate university is largely founded on E-learning and, as Dr Karantina Marhaeni demonstrated, it enables the company to provide modular learning to all level of employees in far-flung locations with positive outcomes for learning and workplace performance.

Lawrence Smith took us to the edge of technology enabled learning: micro modular learning – the ultimate in just in time, just enough and just for me learning. This is learning for busy professionals, even refreshing their knowledge on their way to meetings. It also offers a methodology for large companies wanting to provide continuing professional education for employees whose skills and knowledge needs are constantly evolving. All with powerful outcomes. Micro learning also offers a massively growing market for continuing professional education. An important related issue as outlined by Professor Rajendra Srivastava, Dean of the Indian School of Business, is the need to help students "learn to learn". Should this be a graduate outcome, setting students up for life-long learning especially through the use of technology?

Data analytics

Data analytics was also a recurring theme. Clearly, technology enables us to capture in a timely way, data about our markets; our students – their performance, their experience, their sentiments about the business school and university. Data analytics, as we saw, enables us to measure learning outcomes (helpful for accreditation purposes); and we were shown how analytics enable us to better understand academic performance and to view research performance in new ways.

Dr. Alison Lloyd, Director, Institutional Research and Planning, The Hong Kong Polytechnic University, demonstrated the extensive data analytics programme of her University which underpins its drive for academic and operational excellence. Likewise, Jason Lawrence, Market Development Director, East Asia, GMAC highlighted the critical importance of data gathering and its analysis as the keys to helping MBA students and MBA programmes to find each other in a congested international market place.

Internationalisation

Internationalisation was another recurring theme emphasising that internationalisation is an indispensable aspect of business school success today. We saw that internationalisation of management education is part of the public policy of ASEAN and an important strategy for Indonesia as demonstrated by the work of Indonesia's NUFFIC and Share - amongst others facilitating international student exchange.

Internationalisation is also central to the Open University business school business model, to GMAC and, importantly, to the accreditation programmes offered by EFMD. EQUIS accreditation, in particular, upholds internationalisation as a core principle and aspiration.

Technology and data analytics, as we also saw many times throughout the conference, aid the internationalisation process. They also assist with generating impact and identity in the international market place.

We also considered the question whether internationalisation is simple. In answer to this question the discussion showed that internationalisation may be simple or extremely complex depending upon a School's level of aspiration. Thus, we saw it is relatively easy for us all to reach out to others for collaboration, exchange and research if we have the mind and will to do so and to continue to do so. On the other hand, building global programmes is a more complex long-term, and resource intensive journey. Nevertheless, it was clear from our discussions that in order to properly serve our students, our faculty and the business world we should be taking the international journey – it is and will be part of our continuing journey of success as business schools.

Impact

We were fortunate to hear an excellent presentation from Dr. Yuan Ding, Dean, CEIBS, China on how his Business School was created to generate impact on management education in China but now has a global impact. He emphasized how important it is for leaders to think specifically about impact and how they can create it and measure it in the School’s various activities - a new measure of leader performance? Also, he emphasized the value of rewarding faculty who create impact for business managers, leaders, and industry.

Both Dr. Yuan Ding and Professor Srivastava referred to their aspiration to close the gap between theory and practice as a mounting challenge but one which is designed to create impact upon and relevance to the corporate community.

Accreditation

While this conference was not focused upon accreditation, it was still a recurring theme. Firstly, speakers referred to it as a framework for Business School leaders helping to raise their schools to best practice international standards; helping with quality; continuous improvement; and internationalisation.

We also heard how the BSIS process helped CEIBS to measure its impact. We saw accreditation helping corporate programmes, online programmes, entire Business Schools to drive success. EQUIS, EPAS, CLIP, EOCCS, and BSIS were all mentioned.

Leadership

Not surprisingly, leadership emerged as the key to us achieving success in a highly competitive, constantly changing global world of business. Disruption, we heard, is an ever present threat and opportunity. Whether we can harness the opportunities which our speakers identified from their own journeys will depend upon the minds of business school leaders.

As Dean Williams, Faculty Chair, Global Change Agent Programme, Kennedy School, Harvard University, said, we need leaders who can bring the human dimension to the technological age. They will be adaptive, boundary-spanning leaders - mobilizing people to face reality. And, please don't forget the emerging reality which Professor den Hollander shared with us - the digitised university. It is here - a new reality!

Thus, the context and environment for business schools has changed and is changing - it is no longer like it was in 1997 or 2007. This poses serious questions for us as leaders. As Professor Srivastava so aptly stated: we should as leaders dream the future - imagine outcomes - and be learning from the future.

To go further - Some points for reflection

  • How do you rate your digital journey?
  • How do you rate your data analytics capacity?
  • Are you investing sufficiently in cutting edge technology which will enrich the student experience and running of your School?
  • Are you active in TEL/online learning?
  • Have you considered micro/modular learning?
  • Do you see your School as being on a journey of transition or transformation using imagination, creativity, and wisdom?
  • Are you measuring impact – what is the true impact of your Business School?
  • What are the new dimensions of internationalisation open to you – how deeply is internationalisation embedded in the psyche and leadership of your School – what can you leverage to be distinctively international?
  • What is on your leadership agenda for technology?
  • What is your leadership narrative? What positive messages do you communicate to your students, your faculty, your corporate customers about the future success of your Business School?
  • Does your narrative project any urgency about adapting to the future – not just clinging to and projecting history and the status quo? Remember, narrative matters
Have a look a the photo album of the conference here

2017 Emerald/EFMD Outstanding Doctoral Research Awards - Apply Now!

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EFMD and Emerald Group Publishing seek to celebrate excellence in research by sponsoring the 2017 Emerald/EFMD Outstanding Doctoral Research Awards.

Award-winning entries will receive a cash prize of €1,000 (or currency equivalent), a certificate and a winners' logo to attach to correspondence. In addition, a number of Highly Commended Awards will be bestowed.

This year, you can sumblit your doctoral research in one of the three new entry categories!

·         Tourism and Hospitality Management
Category sponsored by Tourism Review
·         Marketing
Category sponsored by European Journal of Marketing
·         Finance
Category sponsored by Managerial Finance
·         Operations and production management
Category sponsored by International Journal of Operations & Production Management
·         Logistics and supply chain management
Category sponsored by International Journal of Logistics Management
·         Educational leadership and strategy
Category sponsored by Journal of Educational Administration
·         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 Organization and Management

You can check out the 2016 Winners and earlier years here.

This year's closing date for applications is 15 January 2018.

The entries will be judged by the Editor(s) and at least one Editorial Advisory Board member of theemerlad publishing logo sponsoring journal.

Entries will be judged on the following criteria: Significance/implications for theory and practice, Originality and innovation, Appropriateness and  application of the methodology, and Quality of data/research.

All details on the 2017 ODRA as well as a FAQ can be found here. The application form is available here.

EQUIS Success Story: University of Stellenbosch Business School

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EQUIS 20th Anniversary - Blog Series

Do internationally formulated accreditation standards apply to schools in the African context? Piet Naudé, Director of the University of Stellenbosch Business School (USB), evaluates his experience. 

When I arrived at the University of Stellenbosch Business School (USB) in 2014, I had at that point not had experience of specific international business school accreditation processes. My experience was limited to external national accreditation of professions like Engineering, Architecture and Industrial Psychology.

I was somewhat hesitant about the upcoming EQUIS process as I assumed it could lead to a situation where internationally formulated standards are simply applied blindly to schools in an African context. This could have a homogenising effect on schools that attempt to respond to their context in a mission-specific way. And it could reinforce the hidden idea that a Western “centre” determines what happens on an African “periphery”. 
 
I was, however, pleasantly surprised at both the spirit and the actual work done with us by a very professional review team. The team consisted of experienced business school colleagues with a good grasp of the realities and constraints under which we operate. They were well prepared and gave detailed attention to our self-reflecting report, creating a base for meaningful questions and interactions. 

The peer review team, furthermore, acted in a spirit of true academic and collegial peers by pointing out the many strong points at USB, urging us to exactly strive for contextual impact and relevance. This was hugely encouraging as at that point USB had been without a full time Dean for 18 months, and the colleagues worked under huge stress.

The peer review team also assisted us in identifying important areas for improvement. The value of external reviews is that one is able to see aspects of yourself that under the pressure of operational requirements, slips your eye and your mind. The team also created opportunity for us to determine improvement areas ourselves, with clear targets set over the subsequent years.   
 
The accreditation process therefore confirmed our resolve to be a contextually based African Business School that plays an international and global role by adhering to the broad quality standards set for schools around the world.
 
The full five year re-accreditation empowered us to increase our strengths and to ensure that over time we also addressed some of the short-comings. This is the whole idea: Continuous quality improvements for giving better service to our students, alumni, business partners and civil society.    
 
EQUIS had really helped us to confirm our vision to be an African School of global repute.
 
Piet Naudé
USB Director 

Discover other EQUIS Success Stories: 

Twelve Schools Re-accredited by EQUIS

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

“We are delighted that Schulich has received a second consecutive five-year EQUIS accreditation from EFMD. We regard EQUIS as the premier quality designation for internationally oriented business schools, and EQUIS accreditation once again affirms our School's strong focus on real-world business relevance, program innovation and global reach,” commented Dezsö J. Horváth, the Dean of the Schulich SoB. “We look forward to working with EFMD and the other EQUIS member institutions in the years ahead as we continue to expand our global footprint and position Schulich as a leading centre of management education.”

"The EQUIS accreditation from EFMD is an important affirmation of Beedie's stature as a leading Canadian business school, and it is an honour to have been awarded re-accreditation for a further five years. We share EFMD's commitment to uniting academic excellence with close ties to corporate business, as well as their international outlook," said Ali Dastmalchian, Professor & Dean at Beedie“This can be seen in the diversity of our student body, faculty and staff, our focus on experiential learning, our concern for sustainability and social responsibility, our strong relationships with the business community locally and internationally, and the practical grounding of our programs and our research. These continue to be central to Beedie's mission, and I believe our EQUIS accreditation reflects our School's values."

“EQUIS evaluates not just our entire line-up of programmes from MBA to Executive Education but also the degree of CEIBS’ internationalisation; so we are pleased that it has confirmed that CEIBS consistently operates at the highest global standards,” said CEIBS Vice President & Dean Ding Yuan in reacting to the news. “We take very seriously our responsibility to educate socially responsible business leaders of today and tomorrow, who are able to make a difference anywhere in the world. This recognition of the tremendous work put in by the entire CEIBS community will inspire us to work even harder.”

"The EQUIS accreditation marks the international recognition of Lingnan’s efforts and achievement in the past years, and reaffirms our reputation as a premier business school in China with international standing. With the goal of becoming one of the best business schools worldwide, Lingnan will be dedicating itself to the internationalization of education and research, and will continue to make progress and pursue excellence in the future," said Lu Jun, the Executive Dean at Lingnan College.
 
Thomas Froehlicher, Director General and Dean at Kedge said: “The Governance and Senior Management of Kedge Business School are grateful to the faculty, staff and students whose dedication and engagement have enabled us to attain the EQUIS five-year accreditation. The Peer Review Team has commended the School for its emphasis on the acquisition of managerial skills, the breadth of its personal/professional development and career placement programmes, its innovative faculty appraisal, review and promotion processes, as well as for the quality of its external governance and the relevance of its corporate connections. This five-year accreditation highlights the School’s purpose of “transforming people, organisations and environments in a global context” and provides renewed energy to pursue its strategic agenda of strengthening the student experience while being impactful, global, networked and sustainable.”

“We are extremely proud to be re-accredited for five years. Frankfurt School was first accredited by EQUIS in 2014 and, since then, faculty and staff have been working hard to maintain and improve the international and high quality standards required by EFMD. It is a great achievement for Frankfurt School to receive this hallmark of excellence once again. The accreditation helps us attract outstanding talent from all over the world to study and work at Frankfurt School, and raise our profile as a top business school,” said Udo Steffens, the President of Frankfurt School.

“Great pleasure for EQUIS label, and big responsibility for further improvement for the sake of our school, Japan, and Asia as well,” added Hirokazu Kono, the Dean at Keio.

Susan Hart, Dean of Durham University Business School, said: “The Business School’s five-year EQUIS re-accreditation is testimony to our position as a leading international business school, with excellence across our key strategic areas of research, education and student experience. The peer review team highlighted how the School provides its students, at all levels, with a research-led education in all areas of business and management that enables them to pursue meaningful international careers. Contributing to the strength of our 20,000 alumni network across 150 countries.”

Martin Schader, the EQUIS Director, added: “I would like to congratulate all the schools for a successful EQUIS re-accreditation. EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality and all the schools should be commended for their commitment to excellence.”

EQUIS has now accredited 172 schools across 42 countries. More information on EQUIS is available at www.efmd.org/equis

TUM & NTUST Accredited by EQUIS

EFMD Blog header TUM TaiwanEFMD would like to warmly congratulate School of Management, National Taiwan University of Science and Technology and TUM School of Management, Technische Universität München which have been awarded EQUIS accreditation.

“We are delighted to welcome TUM School of Management into the community of EQUIS accredited schools. TUM School of Management is an excellent example of a profound strategic transformation into an internationally renowned institution. It is a true pleasure to congratulate on the success of a school who has moved up the quality improvement ladder, from having its Bachelor in Management and Technology programme accredited by EPAS (EFMD Programme Accreditation System) three years ago to achieving the leading international recognition for the whole institution,” commented Eric Cornuel, EFMD Director General & CEO.

Gunther Friedl, the Dean of TUM School of Management added: “Since we were founded 15 years ago, we have striven for excellence which is now confirmed by the EQUIS accreditation. In the last five years particularly, we have transformed our school into a strategically run and international competitive management school. The EFMD accreditation processes, first EPAS and now EQUIS, helped us to rethink and continuously improve processes and programmes at TUM School of Management. With our unique mission to research and teach on the interface of management and technology, we are confident to contribute strongly to the EQUIS community.”

“This journey has been a very valuable learning experience, for me personally, as well as for the entire School of Management and all its stakeholders. The process is great for internal improvement and offers excellent networking opportunities to learn from peer schools. By periodic and quality evaluation, we hope to create more positive impact on society,” commented Pin Luarn, the Dean at the NTUST School of Management.

“The School of Management at the National Taiwan University of Science and Technology is one of the leading business schools in Asia, with a distinctive expertise in areas of management that are closely aligned to technology and engineering. There is no doubt that its strong corporate connections and high-quality students will allow the School to continuously advance in the quality improvement process as part of the community of EQUIS accredited schools,” added Martin Schader, the EQUIS Director.

The list of re-accredited schools is available here.

EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against a set of international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality. EQUIS has now accredited 172 schools across 42 countries.

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

IAE Aix-Marseille GSM to Host the International Teachers Programme© (ITP)

Making Good Teaching Great

INTERNATIONAL TEACHERS PROGRAMME 2017 and 2018

Logo IAE nouveau 2014 MDThe 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 organised by the International Schools of Business Management (ISBM), a group of twelve leading business schools located in Europe, North America, and Asia. The 2017 & 2018 programmes will be run by the Aix-Marseille Graduate School of Management-IAE in two locations: Aix-en-Provence (France) and Collbató, Barcelona (Spain)logo itp.

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

  •     IAE Aix-Marseille Graduate School of Management, FR
  •     CEIBS - China Europe International Business School, CN           
  •     HEC School of Management, FR
  •     IMD, CH
  •     INSEAD Business School, FR
  •     Kellogg School of Management, US
  •     London Business School, UK
  •     Alliance Manchester Business School, UK
  •     New York University, Stern School of Business, US
  •     SDA Bocconi School of Management, IT
  •     Stockholm School of Economics, SEglobe 2017
The International Teachers Programme© is beneficial for 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 experience who care about real excellence in teaching, who are at career inflection points and have the time and interest in turning a greater share of their attention to the further development of their teaching, or who have achieved competence in teaching one kind of audience and would like to extend their skills to other audiences.

“In the 2017 edition, ITP has welcomed 30 participants from 19 business schools from 14 different countries. Beyond the business schools of the ISBM consortium, business schools like Aalto, Kingston, Vlerick, RBS, WU Vienna, Pontificia Catolica Peru, UT Syndney or Durham are some examples.”

Carolina Serrano-Archimi, ITP Programme Director

"I owe my professional progress to ITP. As a young teacher in Assam, India, I attended the programme 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 ITP, 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 programme for anyone who aspires to create and share knowledge with impact."

Dipak C. Jain, Dean, Sasin Business School, Thailand

“In 1958 Harvard Business School launched the International Teachers Programme©. In 1969 a decisive step was taken by inviting several European management schools to join them in the further development and management of the ITP. In 1977 a consortium of business schools formed the non-profit organisation ISBM (International Schools of Business). Today ITP, its flagship initiative, is managed on a two-year rotation by one of the ISBM schools. Every new edition of the programme takes its starting point in previous programmes, while also ensuring continuous updating of the content and recognition of emerging global trends and best practice in business and in education.
More than a thousand ITP participants have benefited from the experience of this programme. Their feedback and subsequent career development make it clear that the ITP experience not only enhanced their teaching, but also provided specific, actionable tools for overall professional growth and gave them a strong global network of colleagues.
It is a pleasure for ISBM to offer you a similar opportunity in 2018.”
Pär Mårtensson, Chairman of the ISBM Board of Directors

You can find the brochure and more info via this web link. Please send any queries or questions you might have to This email address is being protected from spambots. You need JavaScript enabled to view it..

Manchester Attack: Sincere Thoughts & Condolences from EFMD

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On behalf of the Board of EFMD, the members and staff, it was with great shock and sadness that we saw the awful attack that took place on Monday evening at the Manchester Arena in Manchester. This was a horrific assault, involving so many innocent children, and all our thoughts and prayers go to the families who have been tragically affected, the people of Manchester and the United Kingdom. We truly hope that within our UK members, their families, friend and acquaintances none has suffered from this senseless aggression.

This was a despicable act of violence at the time and place where people share friendship and joy but the heroic response of the people of the UK and the support from around the world shines a light in these very difficult days. 

I truly hope that a sense of peace will soon come to Manchester and please know that our thoughts will continue to be with you, and the entire British nation. 

Sincerely yours,
Prof. Eric Cornuel, CEO & Director General, EFMD

Recruiting, Managing and Developing Doctoral Talent

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Guest post by Mark Smith, Dean of Faculty, Grenoble Ecole de Management, France

In the late 1990s the consultancy giant McKinsey coined the term the “war for talent” to describe the rising competition for talented employees at the time. While there has not been exactly been a war between business schools, there is an on-going series of battles for top talent among both emerging and experienced academics. There is in fact another series of minor battles also occurring, the annual battles for the best doctoral students. The EFMD and Grenoble Ecole de Management recently organised a conference for the community of programme directors, heads of doctoral schools and other professionals working in doctoral education in order to consider the challenges business schools face in recruiting, managing and developing doctoral talent. This short article was inspired by the speakers, participants and organisers of the EFMD Doctoral Programmes Conference in Grenoble, for which I thank them.

Why Compete for Doctoral Talent?
Doctoral programs are resource-intensive activities that are unlikely to become a source of revenue, and in fact demand considerable investment and commitment from schools. Yet, at another level, such programmes are a key activity for developing business school reputation both among stakeholders and, increasingly, for rankings. Further, among academics, doctoral work is intrinsically rewarding and a rich doctoral programme can be considered an additional lever for recruiting and retaining experienced academics.

The doctoral researchers themselves may also be a lever for business school development. The best doctoral students can provide a boost for publications, data collection and increased capacity in pedagogic and research activities. With engaged research projects among stakeholders, doctoral students can also open up new networks, creating new connections for business schools with emerging and established networks.

Attracting Doctoral Talent
Attracting talent in this competitive, hi-tech age is, however, not so easy. In addition to within-sector competition, business schools are also competing for the brightest minds against other large organisations with attractive graduate programs and more generous terms and conditions – competition for a diminishing pool of traditional talent. Schools may need to go beyond their borders and also meet the challenges of generation and technological gaps.

A coordinated social media strategy can offer new opportunities to connect with potential talent but it requires engagement from faculty who may be reluctant to contribute. Experts point out that schools need use their faculty in order to both exploit their networks and provide content (research results) to attract talent who tend to rely on new forms of media for their information and to form opinions on schools’ reputations. In this way, social media may allow schools to develop and expand their ‘communities’ from which doctoral students may emerge while exposing potential talent to the richness of their academic environments.

Managing Doctoral Talent
The development of talent is an inherent part of the good doctoral programme. The combination of courses, working with experienced researchers and developing one's own research project provide many opportunities. However, talent development is much more than the relatively narrow research skills required to become faculty. Future employers seek graduates with a range of skills, the potential to have impact and future leadership skills. Doctoral programmes thus need to integrate training plans that go beyond research methods to conduct their own research and to publish in high-ranking journals.

Programme directors in doctoral schools are key drivers for developing doctoral talent but it is at the level of supervisor where real action may be required. Just as human resource managers rely on line managers to put organisational policies into place, programme directors need to rely on supervisors in the development of doctoral talent. Such policies include respect and understanding for the diversity of doctoral students by gender, ethnicity and nationality as talent increasingly comes from a wider range of backgrounds. New methods of training and development such as serious games may provide possibilities for training supervisors and others working with doctoral students.

Developing Doctoral Talent
A revised perspective on talent at the doctoral level also opens up opportunities beyond those traditionally provided by the academic career track. Business school networks should be able to provide greater opportunities for doctoral graduates in a variety of sectors and therefore expand their own impact – addressing that perennial problem of business school relevance and impact. Doctoral students can be reconceptualised as a means to promote relevance through networks and projects engaging with a full range of stakeholders and also providing opportunities for doctoral graduates of the future. Here co-funded academic-industrial doctoral programmes provide a framework for engagement at both the institutional and individual level.

Doctoral graduates from business schools are not necessarily destined for the academic career track and their futures as business leaders, entrepreneurs or policy experts require business schools to equip them with the relevant skills, career pathways and networks. Indeed the EFMD conference heard evidence showing that academics who can integrate their experiences from other sectors can have an important impact upon business school development. Business school academics engage with the “real world” but do not necessarily value the skills required to do so – doctoral students need these skills and need to appreciate their value.

Innovation and the Future of Doctoral Talent
In order to respond to these shifting demands for talent, doctoral programmes need to innovate and adapt. Yet doctoral studies have not necessarily been at the forefront of innovations and resistance to new forms of doctorate remains. There is a tension between demands for fit-for-purpose doctoral programmes and legitimate concerns that innovations may lead to lower standards or a lack of recognition. It is up to accrediting organisations, business schools and programme directors to provide relevant programmes that develop the required competences for doctoral graduates without
diminishing the elite position of the doctorate in the educational hierarchy. In order to develop their relevance and retain their standards, developments in doctoral qualifications require the confidence of communities both inside and outside academia.

The community of professionals working with doctoral programmes should be rightly proud that their graduates learn perhaps the most valuable of all skills – they learn how to think. The next step is that graduates leave equipped and inspired to enter all sectors and organisations in order to demonstrate the potential value and impact for society at large of a doctorate in business and management. A graduate holding a doctoral degree has a passport to do anything they wish and the role of business schools and their doctoral programmes should be to open the eyes of their graduates to the potential opportunities and provide the skills and competencies for their talent to have an impact.

EQUIS Success Story: School of Management, Xiamen University

Xiamen
EQUIS 20th Anniversary - Blog Series


Prof. Jianming Ye, Dean of the School of Management, Xiamen University (SMXMU), explains how the institution went from a three-year EQUIS accreditation to a five-year accreditation and how EQUIS standards helped SMXMU excel in international rankings.

Xiamen University (XMU) was founded in 1921 by Tan KahKee, the “Henry Ford of Asia”. As a harbor at the starting point of the ancient Maritime Silk Route, Xiamen had for centuries been known for its entrepreneurs, so Mr. Tan started XMU with a school of business, majors in accounting and banking and a call to “promote awareness of world cultures.” 

The School of Management, XMU (SMXMU), now one of China’s oldest and best business schools, was designated as one of the five national key disciplines in business administration and the Ministry of Education (MOE) ranks the School’s accounting as #1 in China. SMXMU has one of the first authorized MBA and EMBA programs in China, both of which are now Top 10 in China; the EMBA is famed as one of China’s “Five Golden Flowers.”

SMXMU was awarded 3-year EQUIS accreditation in 2013. In response to the Peer Review Team’s advice and under EQUIS standards, SMXMU conducted a comprehensive assessment of external environment and internal resources to further clarify its development strategy. Moreover, it has optimized the decision-making processes for teaching, research, internationalization and alumni and corporate connection in order to ensure a sustainable ecological system.

For example, SMXMU has spared no efforts to conduct improvement measures to improve its international recognition outside of East and South East Asia.

In 2013, SMXMU became one of 20 founding members of the Alliance of Chinese and European Business Schools (ACE), which was officially inaugurated in France on 31 May 2013 with EFMD as the patron.

In 2014, SMXMU joined as the Asian partner of the global leading OneMBA program. Despite initial difficulties, the School successfully implemented the OneMBA program with EQUIS standards as its guidance. As of 2016, 322 OneMBA students from 28 countries have studied in SMXMU.

Along the years, SMXMU has promoted internationalization in student exchanges, faculty recruitment and research. It also excelled in such international rankings as:

  • 2014, Forbes ranked SMXMU’s full-time MBA 7th, part-time MBA 8th and EMBA program 8th in “China’s Best Business Schools of 2014”;
  • 2014, Financial Times (FT) ranked the School’s open and customized EDP programs 46th and 53rd globally;
  • 2014, Manager rated SMXMU 1st in “Student Satisfaction” for 10 consecutive years;
  • 2015 and 2016, FT ranked SMXMU OneMBA program 34th and 29th in the world, respectively.
In 2016, SMXMU successfully obtained five-year EQUIS re-accreditation and is proud to be one of the 167 institutions around the world—the “1% of leading business schools”—holding the EQUIS quality label.

On the occasion of EQUIS’ 20th anniversary, SMXMU would like to convey its sincere congratulations to EQUIS and EFMD for their great achievements, as well as express many thanks to EQUIS for helping the School consolidate advantages, overcome shortcomings and make progress on future initiatives.

Discover other EQUIS Success Stories: 

Alumni Networks Are Driven by Social Media and Digital Engagement

Alumni Matters 2016 InteractiveBusiness schools need a greater focus on social media for their alumni relations as the frequent users of platforms such as LinkedIn and Facebook are the most engaged alumni, according to the 5th edition of Alumni Matters by CarringtonCrisp, supported by EFMD.

The study, amongst over 2,500 alumni from 86 countries and 21 schools, reveals that of those who frequently use LinkedIn (more than once a week), 74% say they are engaged with their business school while only 27% of those who never use LinkedIn identify as engaged.

A similar picture emerges with Facebook, with 71% of frequent users engaged, compared to less than a third (30%) of those who never use Facebook. Equally, amongst frequent users of alumni pages on a school website, 76% are engaged, in contrast to 22% of non-users.

The study underlines the importance of engaged alumni to a business school, with the clear majority (82%) of engaged alumni agreeing that they can contribute to the school’s success compared to less than half (41%) of all respondents.

Andrew Crisp, author of the study comments: “Schools need to consider how they can make better use of social media to cultivate greater alumni engagement and benefit from their support and loyalty. Whilst social media and digital communication is key, it’s not simply about having a Facebook or LinkedIn page, but creating content that provides real benefits and value to alumni.”

The study also found that career support at business schools has improved in recent years, but that there was still work to do. 61% of graduates from the last three years agreed career support was good, compared to only 35% of their predecessors who graduated more than 20 years ago. However, only just under half (48%) of all respondents agreed that career support was good at their school. MBA alumni were the most critical with only 38% agreeing it had been good, compared to 56% of Masters alumni and 52% of undergraduate alumni.

Andrew Crisp concludes: “Many schools promote their alumni network to candidates as a key benefit, but progress is needed to ensure the reality lives up to the promise, with only one in five (21%) alumni definitely agreeing their school has a strong alumni network. Relevant social media content and a focus on career services are two critical areas for schools to focus on.”

For more information, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

EQUIS Success Story: Nottingham University Business School

Nottingham

EQUIS 20th Anniversary - Blog Series

In 2016, Nottingham University Business School welcomed an EQUIS peer review team for the third time, having previously been accredited for two spells of three years. Alistair Bruce, the School's Dean, discusses the customised nature of the process. 

Our School is distinctive in having three international locations, the original UK operation and parallel activity at the University’s Malaysia and China campuses, established in 2000 and 2005 respectively. This presents challenges in explaining the common principles underpinning operations in each location alongside local differences in the specifics of operation, the idiosyncrasies of financial reporting, local regulatory frameworks and requirements, and the different stages of evolution at each campus, which are reflected in observable, though narrowing, performance differentials, for example in terms of research outputs.

Preparation for the visit was, for the first time, managed by our new Accreditation Standards Committee (ASC). This body, chaired by the Dean and linking all campuses via videoconference, aims to professionalise our support for accreditation. It involves regular meetings of those responsible for leading the School’s accreditation, as well as discipline, programme and functional (e.g. research) leads and is supported by a dedicated Accreditation Manager. The ASC manages the scheduling of work, strengthens buy-in to the process and embeds accreditation and continuous improvement at the heart of the School’s work.

The PRT’s visit was by some distance the most productive and enjoyable we have experienced. The tone was set by an experienced and sensitive Chair who was able to stimulate a rich and open set of conversations with a range of groups by encouraging mutual trust, frank self-reflection, celebration of achievements and honest identification of challenges. There was a genuine sense of developmental engagement, that the PRT was working with us, rather than merely testing our performance against the standards. This offered an interesting contrast to our earlier PRT visits and appeared to signal a nuanced and welcome change of approach.

The positive feeling was echoed across the range of groups, our academic and administrative staff, students, alumni, corporate partners and advisory boards, which met with the PRT. In my view, the richness of the experience was largely a function of the team’s deep knowledge and experience of the business school world and context. For example, they understood the particular need for business schools within larger institutions to retain a distinctive identity and a degree of strategic autonomy and agility in order to sustain and enhance competitive profile and position. Several very positive suggestions emerged during discussions and in the recommendations, particularly in relation to further development of an authentic international operation. The team also recognised the value of the School’s strong community culture, which underpins its structures and processes in delivering its mission.

The outcome of the visit was our first five year accreditation, an enormously important validation of the collective efforts of our core team and of all of our stakeholders.

The positive nature of the experience inspired me to make myself available as a PRT member and I’m already looking forward to my second assignment in this capacity. It’s a role which I’d highly recommend!

Alistair Bruce, 
Dean of Nottingham University Business School

CEIBS Reveals Its Local and International Impact

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The China Europe International Business School (CEIBS) has a significant impact on Shanghai, where its main campus is located, and its influence extends well beyond China, according to a recent Business School Impact System’s report. CEIBS is the first Chinese business school whose influence has been evaluated by the EFMD Global Network’s Business School Impact System.


"It is important to keep in mind that the strategy of CEIBS is a global strategy and that the international development of its other campuses has an impact on Shanghai and China in terms of knowledge transfer and international training of Chinese managers," notes the report.

The BSIS assessed seven broad areas where CEIBS' influence can be seen in Shanghai: financial, educational, business development, intellectual, regional, societal and image. In terms of financial impact, the BSIS estimates that CEIBS contributes more than RMB 2 billion per year to the Shanghai economy and could increase that amount by more than RMB 200 million if it increased the number of students by 10%.

The report also highlighted the roles CEIBS plays in providing a world-class education in its capacity as an international business school headquartered in China. “CEIBS is a major provider of high-level executive education (of senior managers and CEOs)," notes the report. It also highlighted the school's well-earned reputation, at the Chinese government level, for educational excellence.

In assessing the impact that CEIBS has had on business development in Shanghai, the BSIS looked at the number of new businesses created, as well as how students and faculty support existing enterprises. It found that "CEIBS has a very significant impact on the economy of the Shanghai region thanks to the resources brought through internships, consulting missions by students and professors and, above all, through the dynamism of the entrepreneurial ecosystem created by the School". It estimates CEIBS' financial impact in terms of business development in Shanghai at around RMB 9.5 million. Moreover, almost 400 of the school's foreign alumni work in the city.

The school was also lauded for its intellectual impact as well as for how it has become an integral part of life within the Jinqiao community, and Shanghai as a whole. The report highlights the school's good relationships with the main private and public sector players (both Chinese and international); and its role in training faculty from other Chinese universities.

Corporate Social Responsibility (CSR) has long been an integral part of CEIBS. "Thanks to the content of the courses on CSR and to students' activities, CEIBS is an important driver of change in a context where CSR has become essential."

Finally, the BSIS report looked at CEIBS' image within Shanghai, across China, and internationally. Its findings highlighted the role CEIBS plays in making Shanghai an even more attractive place to live and work.

“We would like to warmly congratulate CEIBS for having undergone the BSIS assessment process and being awarded the BSIS label which is a sign of international appreciation for the schools who consider their impact as vital. CEIBS is a striking example of the huge impact that a business school specialising in Executive Education can have on a global market,” said Michel Kalika, who, together with Gordon Shenton, is one of the two co-directors of BSIS.

“Demonstrating the many ways in which business schools add economic and social value to the environment in which they operate has become a challenge. BSIS is an effective tool to help schools identify, measure and communicate all the positive contributions they make to the world around them," added Gordon Shenton, BSIS co-director.

About the Business School Impact System
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The BSIS process is offered in a joint venture between EFMD Global Network and FNEGE as a service to EFMD members in any part of the world.

To learn more about BSIS, please visit the BSIS website or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Saint Mary’s Sobey School of Business Unveils Economic Impact to the Region Thanks to BSIS

BSISSuccessStory

Business leaders, entrepreneurs, government leaders and academics gathered in Halifax today to celebrate Saint Mary’s University Sobey School of Business and its significant impact on the local economy, as it unveiled the results from the Business School Impact System (BSIS) report. The Sobey School of Business is the first school in North America to take part in BSIS, a process that was developed by EFMD Global Network and FNEGE. The BSIS is designed to assess regional economic, intellectual, cultural and social impact using both quantitative and qualitative indicators.

The purpose of the study was to display its economic impact to the maritime region through its scholarship and its graduates living, working and starting businesses in the Atlantic Provinces. Some of the standout annual impacts include:

  • 329 million dollars contributed annually to the Nova Scotia economy;
  • 250 international students take their first job in this region;
  • 45% of our 800 graduates stay in the region to work;
  • Regular relevant research related directly to Atlantic Canada on topics such as innovation, leadership, ethics, sustainable fisheries, boosting our wine industry, immigrants in the labour force, women in government and more;
  • Students in Enactus launched 34 businesses, created 156 jobs and saved taxpayers one million dollars.
“We know that through collective impact we can accelerate change and create a better world for those who come after us,” said Patricia Bradshaw, Dean of the Sobey School of Business. “We are proud to release our benchmark impact with purpose report. We commit to continuing to measure and grow our contributions to regional prosperity. These results demonstrate that we make a significant contribution to the economy of Nova Scotia and to the social and intellectual fabric of the region. We hope to inspire others to join us in creating shared value and to tracking impact.”


To download the full Executive Summary of the Creating Impact with Purpose report, please go here

About the Business School Impact System
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The 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 Global Network and FNEGE as a service to EFMD members in any part of the world.

To learn more about BSIS, please visit the BSIS website here.

Three New Schools Join the EQUIS Business School Accreditation Family

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EFMD would like to warmly congratulate Insper Instituto de Ensino e Pesquisa, Faculty of Business Administration at the University of Economics Prague and the Indian School of Business which have just been awarded EQUIS accreditation.

This takes the number of accredited schools to 170 across 42 countries.

Please read below what the Deans of the newly accrediteds schools say about the achievement.

“ISB is proud to join the select group of schools that have received the prestigious EQUIS accreditation. It is an endorsement of our the quality of our programmes, particularly internationalisation, corporate connections, and ethics. The accreditation recognises that our processes for quality control in all aspects of the running of our school meet rigorous international standards of excellence," said Rajendra Srivastava, the Dean of ISB. "We are confident that the EQUIS accreditation will enhance our school's appeal to potential international applicants, especially in Europe,”

Marcos Lisboa, the Dean of Insper commented the school's achievement: "Achieving the EQUIS accreditation has been part of Insper’s strategic objectives for long and it is supported by a twofold consistent rationale. First, it was a way of fostering improvements at Insper, having international accreditation standards as benchmark. This is by far  the main value of accreditation, which has been already achieved. Second, the EQUIS accreditation is a powerful way of introducing the School to international partners and communicating to the domestic market, including students and organisations, not only the school’s quality standards but also its commitment to continuous improvement."

“To get ranked among the top business schools has been a long and demanding journey. Obtaining accreditation is for us however not only a great success, but also a great commitment,” added Ivan Nový, the Dean of the Faculty of Business Administration at the University of Economics Prague.

Martin Schader, the EQUIS Director, added: "We are delighted to welcome three new schools into the community of EQUIS accredited schools. The EQUIS community includes now 170 institutions from 42 countries worldwide. EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against a set of international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality.”

The list of reaccredited schools is available here.

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

Nine Schools Re-accredited by EQUIS Business School Accreditation

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


“In my first year as a Dean with a novel young Board, it was very helpful and no less stressful to face EFMD's EQUIS re-accreditation process. It was a process that helped us involve the whole IAE Business School in a big project that has pushed us to be more consistent in our strategy, more clear in the connection between strategic initiatives and the School identity, and has triggered many difficult conversations that were necessary to address,” commented Rodolfo Rivarola, the Dean of IAE Business School. “After that, the peer review team helped us to think deeper and gave us a rich feedback -both the good we wanted to listen but also what help us to learn and grow.”

“We are extremely pleased with the achievement of the 5-year EQUIS accreditation. An achievement like this, only four years following the initiation of the merger, is an enormous accomplishment that can only be attributed to the enormous hard work and dedication of our faculty and staff. It testifies that our well-balanced strategic choices are appropriate and in line with the highest international academic standards and clearly evidences that NEOMA Business School has grown into a high quality well-established entity that proudly belongs to the 1% best business schools of the world,” said Frank Bostyn, the Dean of NEOMA.

Dipak Jain, the Dean of Sasin, commented on this achievement: “We are proud to receive our second EQUIS re-accreditation from EFMD. Since becoming the first business school in Thailand to receive EQUIS accreditation in 2011, Sasin has continued to emphasize and focus on the importance of academic excellence, business relevance, and social significance. These are the three pillars that serve as both the foundation and the ongoing aspiration of the school. This re-accreditation from EFMD is further recognition of Sasin's commitment to the continuous improvement of our programs, and the strategic vision for the future of our school.”

Nizar Becheikh, Interim Dean at the School of Business, AUC, added: “For almost seven decades, we have strived at the AUC School of Business to provide our students with a multicultural and diverse learning environment firmly rooted in the liberal arts education approach and featuring a wide range of rigorous and innovative undergraduate and graduate programs in Business, Economics and Accounting. The reaccreditation by EQUIS is a recognition of the cutting edge quality of our programs, the high caliber and practical relevance of our research, and the deep impact of our community and corporate engagement in Egypt, the Arab Region and beyond. It is also a clear vote of confidence in the AUC School of Business strategy, governance, and rigorous continuous improvement processes. We are proud to be part of 1% of leading business schools!”

Martin Schader, the EQUIS Director, added: “I would like to congratulate all the schools for a successful EQUIS re-accreditation. EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the School against international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as corporate engagement. There are currently no substitutes for such an in-depth assessment of quality and all the schools should be commended for their commitment to excellence.”

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

EQUIS Success Story: Tongji SEM

Tongji SEM
EQUIS 20th Anniversary - Blog Series


International Accreditation Boosts Tongji SEM’s Ranking of Master in Management 

In recent years, international accreditation has not only significantly improved teaching and research ability of the School of Economics and Management, Tongji University (Tongji SEM), but also effectively enhanced the international rankings and brand influence of the school.

In April 2016, after successfully obtaining the five-year EQUIS re-accreditation, Tongji SEM consecutively earned AACSB accreditation and AMBA re-accreditation, becoming one of the only four business schools in mainland China holding the three most prestigious global accreditations. 
Attaining these accreditations has helped to enhance the school’s recognition and qualified it for improved rankings by authoritative international ranking bodies.

In 2014, after obtaining EQUIS accreditation, Tongji SEM was ranked number 65 for the first time by Financial Times. This ranking body requires either EQUIS or AACSB accreditation. In 2014, Tongji SEM was one of the only two business schools in greater Chinese ranked by Financial Times.

In 2015, taking accreditation as a catalyst, the teaching and research quality of the School was improved substantially. In the meantime, the employment and salary levels of the graduates of Tongji SEM increased remarkably, while the amount of international publications was raised by 20 percent year-on-year. In that year, SEM was ranked 52nd worldwide. In 2016, with persistent efforts, the Master in Management programme of the school edged into world’s Top 50 by the Financial Times ranking. 

EQUIS is one of the world's top two authoritative and influential accreditations for business schools. 2017 witnesses the 20th anniversary of EQUIS, which pays special attention to the continuous improvement of the teaching and research quality and the internationalization and corporate connections of business schools.

So far, there are only 167 schools and universities from 41 countries around the world having obtained EQUIS accreditation, accounting for only 1 percent of the world's 15,000 business schools.

Discover other EQUIS Success Stories: 

EQUIS Success Story: SKEMA Business School

SDMIMD
EQUIS 20th Anniversary - Blog Series

Prof. Alice Guilhon, dean of SKEMA Business School, explains how the EQUIS Accreditation has helped in the merger of two well-established French schools and implement the necessary actions plans.

SKEMA Business School was created in 2009 by a merger between two well-established French schools: ESC Lille whose history dated back almost 121 years, and CERAM the school that for 47 years had been located in Europe’s biggest science park, Sophia-Antipolis.

The merger’s objectives were twofold:

Respond to the globalisation of markets and the economy by training talents able to work on all continents;
Respond to the digitalisation of the economy by putting knowledge and information management at the heart of its research and teaching programmes, emphasising creativity and entrepreneurship, multiculturalism and international management.

This merger thus had nothing to do with a desire to reduce costs, economise resources or rationalise our territorial implantation. It was rather a strategic project aiming to create a new type of school with the following characteristicsthe school should be multisite with its own campuses in several countries and locations, all involved in the local economy; its students were to acquire a global vision of the world with innovation as the leitmotif for learning.

When the new brand was launched in 2009, only the EFMD supported it – mostly, academic killjoys predicted our certain demise. Eight years later, many of us have seen others imitate us, either by pursuing mergers or by adopting a multisite strategy

SKEMA’s first strategic plan from 2010 to 2015 focused on making the merger a success and establishing our international development. Our accreditation by EQUIS was a precious guide to our success in achieving this first plan. Apart from an “instrumental” view of accreditation, we concentrated on the EQUIS guidelines to succeed in our merger and implement the necessary action plans. Amongst these were the SKEMA balance score card – a real tool for tracking our activity that includes key processes each of which refers to the strategic indicators defined by EQUIS, namely, status, quality of students and programmes, international activity, corporate relations and executive education, ethics and corporate social responsibility. An array of 22 strategic indicators and hundreds of operational indicators are tracked each year by SKEMA’s departments and managers. Since 2009, we have been implementing a culture of excellence, quality and continuous improvement that has enabled the school to focus on its strategic objectives.

Often the cultural differences inherent to mergers give rise to serious conflicts and psychosocial problems. Our approach focused our collaborators on developing the school, being client centred and having an efficient organisation. This meant that no time was wasted listening to a discourse lamenting the good old days, or “it was better before” etc. In this way, in November 2009 we announced the name SKEMA and in June 2010 we opened our campus in the United states!

I would like to take this opportunity to address my heartfelt thanks to EQUIS and EFMD, not only for supporting SKEMA, but also for having given us the tools and capabilities to succeed so efficiently in this extraordinary strategic project!

Yours sincerely

Alice GUILHON
Dean 

Discover other EQUIS Success Stories: 

New Study Identifies How Students Use School Websites to Decide Where to Study

Generation web

The cost of a degree programme and its ranking position are the two most sought after pieces of information for students when looking at a business school website, reveals the ninth edition of the GenerationWeb study by CarringtonCrisp, supported by EFMD.

More than 600 undergraduate and postgraduate students from 57 nationalities took part in the study which found that course fees (chosen by 82%) and rankings (78%) were the most important elements on a business school website.

Conversely, the information that prospective students are least concerned with is alumni profiles, with only 18% citing it as important content on a business school website.

Andrew Crisp, author of the study comments: “The business school market gets more competitive every year and prospective students want to know first what a course will cost them and second, how prestigious it is compared to rival schools. The low position for alumni profiles is surprising, but may be an indication that students are sceptical of alumni profiles neatly marketed to them, preferring to get views on the strength of a school directly from friends and peers on social media.”

The study’s other key findings include:

  • The number of students who search for business school videos on YouTube and other video sharing platforms has increased again to 42%. Amongst undergraduate and postgraduate students, 59% watch videos on business school websites.
  • The trend for searching for business school information on social networking sites has continued with 48% responding that they use these channels. Five years ago, fewer than a fifth of respondents used these channels when considering where to study.
  • Facebook is the most used platform (92%) of those who use social media to get business school information followed by LinkedIn (71%), WhatsApp (71%), Instagram (62%), Google+ (43%) and Twitter (38%).
Regardless of the channel being used, interesting and engaging content is vital. Andrew Crisp concludes: “With thousands of business schools in the world, differentiation can be a challenge. The problem with many business schools’ ads, is that they say little that is different to competitors. Prospective students want hard evidence of why a school is different and right for them, but presented as a story, not a hard sell.”

Please visit BusinessSchool.guru and CarringtonCrisp websites to learn more or contact This email address is being protected from spambots. You need JavaScript enabled to view it. for press (+44 (0)7789 698630).

GenerationWeb

The research was carried out in April and May 2016 amongst 609 undergraduate and postgraduate students (65% female / 35% male – 57 nationalities). Since 2007, the study has reviewed almost 200 business school websites. In the current study, 37 business school websites were reviewed. 

CarringtonCrisp

CarringtonCrisp is a specialist higher education consultancy, providing market research, strategy consulting and creative services across higher education globally. The company was established in 2003 and has worked with more than 130 institutions in over 30 countries. 

EQUIS Accreditation System Celebrates its 20th Anniversary

LatestNews 2017 EQUIS 20th anniversaryThis year marks the 20th anniversary of EQUIS - EFMD Quality Improvement System, launched two decades ago at the Deans and Directors General Conference at Schloss Gracht, now part of the ESMT Berlin.

This international quality benchmark and improvement process was created to give European and, subsequently, business schools worldwide, a rigorous tool to assess, certify and improve their quality in 10 key areas, including governance, programmes, students, faculty, research and, foremost, internationalisation, ethics, responsibility and sustainability as well as corporate engagement.

Since its establishment, a strong emphasis on internationalisation and corporate connections have been the differentiating points of the EQUIS business school accreditation system. Coupled with recently added ethics, responsibility and sustainability standards, they have created a solid framework for quality measurement for international business schools.

In this interview, Gordon Shenton the former Quality Services Director and the founding father of EQUIS, talks about the evolution of EQUIS since the initial idea, its development and core values, and draws some perspectives for the future.
EQUIS is not only a quality assessment but also a quality improvement process, very much rooted in the mission of EFMD. As David Saunders, the Dean of Smith School of Business at the Queen's University in Canada and Chairman of the EQUIS Accreditation Board, comments: “No matter how good your school is, you can always improve and that is a critical core component of EQUIS – continuous improvement.”

EQUIS has always aimed at building a community of mutual learning and best practice for business schools coming from different higher-education systems. Sue Cox, Dean Emerita of Lancaster University Management School in the UK and former EFMD Board member, stresses the emphasis on schools’ differentiating points in the EQUIS quality framework. “EQUIS actively encourages schools to consider their unique selling proposition within the strategic planning process,” she says.

Over the last 20 years, EFMD has conducted over 600 peer review visits, with over a thousand outstanding experts devoting their time and knowledge to the development of the system.

More than 10 deans and experts who have contributed to the development of the EQUIS accreditation system have given their voices to the value and role EQUIS has played in enhancing the quality of management education worldwide as well as the future development of the management education industry.
“EQUIS is a way of celebrating excellence in diversity and I’m delighted to see how the EQUIS system and the accredited schools have evolved in these 20 years. There is no one harmonised definition of quality but there is an excellence benchmark and a striving for perfection in the continuous improvement process,” adds Eric Cornuel, EFMD’s Director General and CEO.

In its short history, EQUIS accreditation has become widely recognised by potential students, employers, the wider business education industry and the media as the most holistic and rigorous accreditation process, often being a pre-requisite for entry to rankings.

With an estimated number of 15,000 business schools worldwide, only a handful (167 institutions from 41 countries) hold the EQUIS quality label and they can say without being too boastful that they are part of “1% of leading business schools.”

To commemorate this landmark achievement, EFMD plans to celebrate the success of EQUIS over the course of 2017 at EFMD events across the international community.

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

Almost 2 Billion Euros: This is the Annual Impact of Eight Business Schools on the Economy of their Region

BSIS Ad
A recent Business School Impact System (BSIS) report shows that eight Business Schools have an annual impact of 1,9 billion Euros on the Auvergne-Rhône-Alpes region.

The aim of this impact assessment exercise was to determine the extent and nature of impact in case of the following schools:

  • emlyon business school
  • Grenoble Ecole de Management
  • Grenoble IAE
  • Groupe ESC Clermont
  • IAE Auvergne
  • iaelyon School of Management
  • IAE de Saint Etienne
  • IAE Savoie Mont Blanc
Some key findings include:
  • 1,9 billion euros annual financial impact
  • Almost 700 researchers-faculty members, with high internationalisation
  • Around 32 000 students into the Schools’ degree programmes
These results confirm that Business Schools have not only a direct financial impact through the budget, but also an indirect impact through the money students, employees and professors spend in the region.

This was the first time in France that management education institutions worked as partners to measure their impact. The Schools now hope that the positive results will enable them to help the region develop further its policies in the higher education, research and innovation areas.

“We are thrilled to have participated in a collective project within the Auverge-Rhône-Alpes region. For us, it is not only the first collective process of its kind in France, it is also our school’s first BSIS experience. We are now working on a second impact measurement process upon the Clermont-Vichy-Auvergne metropole,” says Françoise Roudier, Director General, ESC Clermont Group.
 
About BSIS
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The 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 Global Network and FNEGE as a service to EFMD members in any part of the world.

To learn more about BSIS, please visit the BSIS website here.

Season's Greetings and Best Wishes from EFMD

EFMD Wishes 2016 homepage

ISB-Ivey Global Case Competition 2016 Supported by EFMD: Results

ISB Ivey competition 2016The Centre for Learning and Management Practice (previously known as the Centre for Teaching, Learning, and Case Development) at the Indian School of Business and Ivey Business School, Western University, Ontario, Canada announce the results of the ISB-Ivey Global Case Competition 2016. The annual competition identifies and publishes the best India-centric business cases from around the world.

The Centre for Learning and Management Practice at the Indian School of Business (ISB), hosts this event in partnership with Ivey Business School, Western University. The event is supported by Ivey Publishing and EFMD, with Amazon and Times Center-for-Learning Ltd. as Category Sponsors. Learn more here

RESULTS

OVERALL WINNER – 1st PLACE (Award of $ 4000.00)

Good Company or Good Stock – Investor's Dilemma
  • Pitabas Mohanty, XLRI, Jamshedpur
  • Supriti Mishra, International Management Institute, Bhubaneswar
OVERALL WINNER – 2nd PLACE (Award of $ 3000.00)

Barefoot College of Tilonia: Lighting Up Rural Lives in Under Developed Countries
  • Sunita Mehta, Hyderabad Business School, GITAM University
  • Surya Kant Sharma, XLRI, Jamshedpur
  • Radhika Ramanchi, Hyderabad Business School, GITAM University
WINNER – MARKETING CATEGORY (Award of $ 2000.00, sponsored by Amazon)

The Vanca: Reworking Digital Marketing Strategy
  • Jones Mathew, Jaipuria Institute of Management, Noida
  • Banasree Dey, Jaipuria Institute of Management, Noida
WINNER – ENTREPRENEURSHIP CATEGORY (Award of $ 2000.00, sponsored by ET Cases)

Unicommerce: The Exit Decision
  • Nilesh Gupta, Indian Institute of Management, Tiruchirappalli
  • Shantam Shukla, Varroc Group
To discover the Honourable Mentions, please go here.

Drucker Forum Live Stream: Special Offer for EFMD Members

Drucker16We are pleased to invite you to participate virtually in the 8th Global Peter Drucker Forum that will be broadcasted worldwide live on 17 and 18 November.

As a longstanding partner of this leading management conference we can provide our members with a special discount of 50% from the standard rate of €240.
As discounted live stream tickets are limited and available on a first come, first serve basis, please register as soon as possible.
To take advantage of the reduced fee enter the group code 'member-2016' here.

The 2016 conference theme "The Entrepreneurial Society" will be discussed by world class thinkers and practitioners, such as Clayton Christensen, Harvard Business School, Sara Armbruster, VP, Steelcase, Tim Brown, CEO, IDEO, Mariana Mazzucato, Sussex University, Alexander Osterwalder, Entrepreneur and business model innovator, Herminia Ibarra, INSEAD, Rajeev Vasudeva, CEO, Egon Zehnder, Gary Hamel, London Business School, Roger Martin, Martin Prosperity Institute, and Curtis Carlson, Founder and CEO, The Practice of Innovation, former CEO of SRI.

Please see the full conference program here.

EDC Paris, UWE Bristol and RMIT Accredited by EPAS

EFMD Homepage header EPAS accreditation UWE RMIT EDC
We are happy to announce that the EPAS Accreditation Board has recently awarded EPAS accreditation to three new programmes from business schools from Australia, France and the United Kingdom.

The following programmes have been recognised by the EPAS quality label:

Master of Business Administration (Executive) – Melbourne campus and online
at Graduate School of Business and Law, College of Business, RMIT University, Australia
"The Graduate School of Business and Law at RMIT University, Melbourne Australia, is delighted to achieve EPAS accreditation for our MBA (Executive) programme. EPAS accreditation challenged the school to examine in detail the design and delivery of our programme, programme outcomes and quality assurance processes. Undertaking EPAS enabled us to reflect deeply on the underlying philosophy of our programme, to ensure we have an Executive MBA that encompasses traditional disciplines, whilst exposing students to innovative and disruptive business practices,"
said Mark Farrell, Head of Graduate School of Business and Law at RMIT University. "With a curriculum underpinned with Design Thinking, we are producing graduates capable of developing a range of solutions to tackle complex problems. We recognise that EPAS is the beginning of the journey and that we need to constantly improve if we are to remain competitive. If you are a business school that has not yet taken the step towards EQUIS accreditation and are unsure if you are ready, I would strongly recommend that you consider EPAS in the first instance. The result will be a much improved programme, and a deeper understanding of the benefits of rigorous external accreditation."

Master in Management (Grande Ecole Programme)
at EDC Paris Business School, France
“EDC Paris Business School initiated the EPAS accreditation process 4 years ago since we are convinced that an international environment is compulsory to progress. Today, we are honored to receive EPAS accreditation and delighted to take part in the community of EFMD accredited institutions,"
commented Jean-Marcel Jammet, Managing Director & Dean, EDC Paris Business School. "The accreditation process has been a great opportunity to rethink our internal processes and offer better services to our students. We are fully aware that efforts and progress still have to be pursued but we can count onto the EFMD to help us to fulfill our missions. We are grateful for their help and support during the entire process of accreditation and would like to thank the peer review team and the accreditation board for their valuable comments and support”.

BA (Hons) International Business
at Bristol Business School, Faculty of Business and Law, University of the West of England, UK
"I am absolutely thrilled to have secured EPAS accreditation for our BA International Business Course. The accreditation is an important commendation of the quality of the programme and it reflects our commitment to internationalisation, corporate engagement and continuous improvement. It also endorses the strong vision that we have within our Business School," said Donna Whitehead, Pro-Vice Chancellor and Executive Dean at Faculty of Business and Law, UWE.

We are also very happy to announce that the EPAS Accreditation Board has also reaccredited the Master in Insurance and Risk Management programme at MIB Trieste School of Management, Italy.
“We are proud of maintaining the prestigious EPAS accreditation, rewarding the increasing level of internationalisation of MIRM editions and strengthening MIB Trieste School of Management partnerships with the European insurance market leaders,” commented Vladimir Nanut, Dean of MIB Trieste School of Management.

David Asch, Associate Director of Quality Services & EPAS Director, commented: “We are delighted to welcome three new institutions to the community of EPAS accredited programmes. The programme accreditation from EFMD is one of the most demanding yet effective ways to certify the quality of a programme in the field of business and management. We would like to also warmly congratulate MIB Trieste for their reaccreditation. All four schools made tremendous progress in terms of the development of their programmes and should be commended for their strive for excellence.”

EPAS was launched in 2005 and in 10 years has had a considerable impact on the quality of business schools programmes all over the world.

As of October 2016, 104 accredited programmes from 76 institutions across 35 countries have been awarded EPAS accreditation. For more information on EPAS visit www.efmd.org/epas

Starting a Business is Now One of the Top Reasons to Take an MBA

Tomorrows MBA 2016Starting a business has become one of the top five motivations to study an MBA, reveals the 2016 edition of the Tomorrow’s MBA study by CarringtonCrisp, supported by EFMD.

The study, conducted amongst 1,000 MBA applicants worldwide, found that almost one in five (20%) were considering an MBA in order to start their own business. Entrepreneurship was rated as the fifth most valuable piece of content in an MBA degree, up from 10th in the previous year’s study.

Amongst those considering a specialist MBA, entrepreneurship is now in the top four most popular choices (10%), along with IT (10%), international management (11%) and finance (15%).

The study’s other key findings include:

·       More women (42%) responded to the survey than ever before – an indication in line with other industry studies that efforts by business schools to attract more female students are working.

·       However, male and female applicants differed on a number of elements when considering an MBA. For MBA course content, ‘leadership’ is more popular with men (40%) than women (29%). Conversely, 16% of women value ‘ethics’ as important course content compared to only 5% of men.

·       26% of respondents prefer a blended or online MBA.

·       Career planning and job searching is vital, with almost three quarters (72%) wanting to know that it is integrated into the student experience.

·       Some elements of MBA programmes seen by many schools as important were not highly valued by MBA applicants – including varied electives (8%), small class sizes (9%) and international study tours (11%).  For course content, corporate social responsibility was seen as most valuable by only 6% of respondents.

·       Google (38%) and LinkedIn (24%) were seen as the most important digital channels for deciding when to study. The Financial Times was comfortably the most important ranking (37%), followed by Forbes (27%) and Business Week (25%).

Entrepreneurship has been a growing trend for a number of years and is now firmly a key motivation for a lot of people to embark on an MBA. It presents an opportunity to those schools that are able to market their entrepreneurial expertise, but it also poses some interesting challenges.

Andrew Crisp, author of the report comments: “Schools need to consider if entrepreneurship is taught in its own right or integrated throughout a degree programme. They also should look at the sometimes differing needs of entrepreneurs and those students looking for more corporate roles. From an external perspective, it will be interesting to see what impact an increased number of graduates starting their own businesses will have on MBA rankings, where increases in post graduate salaries play an important part.”

The good news from the study is the indication that more women are interested in an MBA. Women represented 42% of respondents – since the study started in 2009 the percentage of female respondents had not risen above 38% until this year and has been as low as 26%. As with an increased focus on entrepreneurship, the successful schools are going to be the ones that are smart about marketing to both male and female applicants and then meeting their study needs where they do differ.

Google and LinkedIn were by far and away the most popular digital tools for applicants and their increased prominence provides a wonderful opportunity to business schools to segment and carefully target their marketing and recruitment efforts. Despite the advances in technology however, human contact remains key in deciding if the applicant and school are compatible. The most impactful marketing for schools is to combine human contact and technology – with one to one meetings with school staff (37%) and school website (39%) seen as having the biggest impact.

As well as a number of newer trends, the study reinforces certain factors that are ever present for MBA applicants when choosing a business school. A school’s academic reputation is the most important factor for both men (39%) and women (40%). Along with teaching quality, this has consistently been one of the most important elements since the study began.

Andrew Crisp concludes: “Since the financial crisis in 2009, there have been reports of the demise of the MBA. Our study shows that it is certainly not dead, but undergoing significant change. Competition is growing around the world, there are demands for different styles of delivery and importantly, students are ever more focused on their future career when judging value for money, with a growing number thinking that career may mean starting their own business.”

Please visit CarringtonCrisp's BusinessSchool.guru website to learn more or contact This email address is being protected from spambots. You need JavaScript enabled to view it. for press.

“What Happens if a Business School Disappears? The Intellectual Foundation of BSIS”

The Business School Impact System (BSIS), offered in a joint venture between the French National Foundation for Management Education (FNEGE) and EFMD Global Network, identifies the tangible and intangible benefits that a business school brings to its local environment through seven dimensions: 

Impacts

The Business School benefits from this in-depth impact analysis on several levels. To name a few, BSIS impact analysis helps in increasing the awareness within the business school of the significance of its impact on the Region; an in-depth study of their activity’s impact gives numerous members of the school a better image of their job and value they create, of what they are doing and why they are doing it; the BSIS report constitutes a powerful tool for communication with the external stakeholders; and last but not least, the reviewers’ recommendations help the school to improve its impact.

In their paper “What Happens if a Business School Disappears? The Intellectual Foundation of BSIS”, recently published in the Journal of Management Development, two BSIS co-directors, Michel Kalika (Université Lyon III and IAE Lyon and EFMD Global Network) and Gordon Shenton (EM Lyon Business School and EFMD Global Network), together with Pierre-Louis Dubois (Université de Montpellier and FNEGE) present the methodological issues of the work that led to develop the BSIS system and present this innovative impact assessment system in more detail. Based on the exploratory interviews and the literature review, the authors were able to identify three main categories of impact: the financial impact; the impact on the regional community; and the impact on attractiveness and image.

To download the full paper, please visit the Emerald website here.

Get Access to Top Talent Pool Through the Global Internship Platform

EFMD blog stickyEFMD Global Network and HigherEd join forces to launch the first global internship portal to connect companies and top business schools and students worldwide.
How can your company benefit from the access to the talent pool?

The portal will give the companies an access to an exclusive pool of three million outstanding international intern prospects from 600 top business schools in the EFMD Global Network, creating a unique opportunity to follow the students that are in their target groups throughout the lifecycle of their specific education and career paths.

The platform will connect companies, top business schools and students at an unprecedented level, adding great diversity and corporate innovation possibilities.

Tapping into a vast pool of selected quality graduate talent in one single place is at the heart of this initiative which will become the largest and most targeted recruitment tool available in the education industry.

This initiative will only be available to the corporate members of EFMD Global Network.

We are launching a pilot phase of this initiative over the next months and are gradually on-boarding schools and corporate members, so if you are interested in seizing this unique opportunity, please visit http://www.highered.no/for-companies/ and contact Bernt Blankholm, CEO of HigherEd or Matthew Wood, COO at EFMD at This email address is being protected from spambots. You need JavaScript enabled to view it..

The Entrepreneurial Society: Global Peter Drucker Forum 2016

Drucker16

In recent years, EFMD has developed a close and rewarding partnership with the Global Peter Drucker Forum that is annually held in Vienna, Austria, Peter Drucker's birthplace.

This year's Forum will deal with a major transformation that Drucker predicted in his 1985 book Innovation and Entrepreneurship – the emergence of a society in which innovation and entrepreneurship are normal, steady and continuous. The Global Focus article "Building The New Entrepreneurial Society" outlines the scope of the conference.

As the Forum’s strategic partner, EFMD can provide our members with a 10% reduced conference fee. Register here.

The conference program can be accessed via this link.

EFMD and Cisco have jointly organised the session Adaptive Talent Markets - Channelling the Entrepreneurial Talent in which insights from the Special Interest Group (SIG) on the subject will be presented.

The 2016 roster of leading thinkers and practitioners participating in the Forum includes:
  • Clayton Christensen, Harvard Business School
  • Philip Kotler, Kellog Graduate School of Management
  • Sara Armbruster, VP, Steelcase
  • Tim Brown, CEO, IDEO
  • Mariana Mazzucato, Sussex University
  • Sally Osberg, CEO, Skoll Foundation
  • Rita Gunther McGrath, Columbia
  • Herminia Ibarra, INSEAD
  • Rajeev Vasudeva, CEO, Egon Zehnder
  • Gary Hamel, London Business School
  • Maelle Gavet, COO Priceline Group
  • Jeffrey Pfeffer, Stanford Business School
  • Lisa Hershman, CEO DeNovo Group, Vice Chair Scrum Alliance
  • Tawfik Jelassi, IMD
  • Gianpaolo Barozzi, Senior Director Cisco
  • Gisbert Rühl, CEO, Klöckner & Co SE
For the complete speaker’s list, please go here.
 

Drucker quote Abstract color

Sixth International Business School Shanghai Conference in October 2016

300x600With the support from EFMD Global Network, the Sixth International Business School Shanghai Conference (IBSSC) hosted by Antai College of Economics and Management (ACEM), Shanghai Jiao Tong University, will be held on 16-18 October 2016.

With the theme of “Technology and Management”, this conference will foster in-depth discussion on the interaction between the development of technology and management education.

Indeed, recent years have witnessed revolutions in communication, management strategies of enterprises, digital technology and new media. Scientific and technological developments inevitably lead to innovations in both theory and practice in management, which in turn drives further scientific and technological developments. A phenomenon that will surely continue. 

As we celebrate the 120th anniversary of Shanghai Jiao Tong University, more than 250 deans from leading business schools and key business education stakeholders will gather at the Antai College of Economics and Management. Participants will exchange views and further explore the development of business schools, while promoting cooperation between business education in China and other countries. To date, the following professors have confirmed to deliver speeches at this year IBSSC:

  • Prof. Edward Snyder, Dean of Yale School of Management, Yale University, USA
  • Prof. Peter Todd, Dean of HEC Paris, France
  • Prof. Bernard Yeung, Dean of NUS Business School, National University of Singapore, Singapore
  • Prof. G. "Anand" Anandalingam, Dean of Imperial College Business School, UK
  • Prof. James G. Ellis, Dean of Marshall School of Business, University of Southern California, USA
  • Prof. Gregory Whitwell, Dean of The University of Sydney Business School, Australia
  • Prof. Kalok Chan, Dean of CUHK Business School, The Chinese University of Hong Kong, Hong Kong, China
  • Prof. Hirokazu Kono, Keio Business School, Keio University, Japan
  • Prof. Zvi Wiener, Dean, School of Business Administration, The Hebrew University, Israel
  • Prof. Robert Helsley, Dean of Sauder School of Business, University of British Columbia, Canada
  • Prof. Srilata Zaheer, Dean of Carlson School of Management, University of Minnesota, USA
  • Prof. Gregory Whitwell, Dean of The University of Sydney Business School, Australia
  • Prof. María de Lourdes Dieck Assad, Dean of EGADE Business School, Tecnológico de Monterrey, Mexico
  • Prof. Ira Solomon, Dean of Freeman School of Business, Tulane University, USA
  • Prof. Scott DeRue, Dean of Ross School of Business, University of Michigan, USA
  • Prof. Assylbek Kozhakhmetov, President, Almaty Management University, Kazakhstan
    Speaker: Prof. DING Yuan, Vice President and Dean, China Europe International Business School (CEIBS), P. R. China
  • Prof. Branislav Boricic, Dean of Faculty of Economics, University of Belgrade, Serbia
    Prof. XIE Danyang, Dean of Economics and Management School, Wuhan University, P. R. China
  • Prof. Sergey Myasoedov, Vice-Rector of the Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russia
  • Prof. Bill Glick, Dean of Jones Graduate School of Business, Rice University, USA, and Chair of AACSB Board of Directors
  • Mr. Sangeet Chowfla, President & CEO, GMAC
Who should attend?

  • Presidents and Vice Presidents, Deans/Directors/Rectors and Associate Deans/Directors/Rectors from leading business schools, colleges and universities worldwide
  • Directors of international accreditation
  • Top executives from international organisations in the business education industry
For those registered to the conference, EFMD Global Network will host a free session on Market Trends, Quality & Accreditations, from the afternoon of 18th until the morning of 19th, to provide the conference participants with an opportunity to learn more about the EFMD Global Network services for our member organisations. To mention but a few key services, we will talk about EOCCS (Online Course Certification System) – an international online course certification system designed to evaluate the quality of online business and/or management-related courses that either stand-alone or constitute part of a certificate or programme, and the Job Fair for PhD and DBA in Management, where best international schools from around the world will have the opportunity to recruit new talents for their academic teams.

For more information please visit the event's website.

Registration is available here.

EFMD Global Network and HigherEd Launch the First Global Internship Portal

EFMD blog stickyEFMD Global Network and HigherEd join forces to launch the first global internship portal to connect students, schools and companies worldwide.

How can your school benefit from the portal?

Through this strategic partnership every single school and student in the EFMD Global Network will get its own branded internship career portal, making this 600-school network the largest community of top talent in the world.

How can your company benefit from the access to the talent pool?

The portal will give the companies an access to an exclusive pool of three million outstanding international intern prospects, creating a unique opportunity to follow the students that are in their target groups throughout the lifecycle of their specific education and career paths. Tapping into a vast pool of selected quality graduate talent in one single place is at the heart of this initiative.

What's in there for students?

Every single student that is admitted to one of the EFMD member schools will have the possibility to build his or her own fully customised career portal, based on their educational track and interests. This unique feature will be based on the preferences specifically tailored for each of the students based on their education track and matched with the corporate members recruiting preferences.

This will make HigherEd the largest and most targeted recruitment tool available in the education industry.

This groundbreaking initiative will, in a unique way, connect students, schools and companies at an unprecedented level. Adding great diversity and corporate innovation possibilities for the corporate members, and unique international possibilities for the students.

This initiative will only be available to EFMD full member schools and corporate members of EFMD Global Network.

We are launching a pilot phase of this initiative over the next months and are gradually on-boarding schools and corporate members, so if you are interested in seizing this unique opportunity, please visit highered.efmdglobal.org or HigherEd corporate website www.higheredtalent.org and contact Bernt Blankholm, CEO of HigherEd or Matthew Wood, COO at EFMD at This email address is being protected from spambots. You need JavaScript enabled to view it..
HigherEd IE 

 

 

Nineteen Business Schools Awarded with BSIS Impact Label

Since its launch in 2014, BSIS, run as a joint venture between EFMD Global Network and FNEGE, has successfully assessed nineteen business schools all over the word.

Please have a look at what the value of the BSIS process was for the Schools, what tangible outcomes the BSIS process brought in terms of showcasing their impact on the local environment and in terms of raising impact awareness with regard to the Schools' internal and external stakeholders.

In order to formally recognise the efforts schools put into undertaking the impact assessment exercise, EFMD Global Network officially transformed BSIS - Business School Impact Survey into BSIS - Business School Impact System and agreed to confer the BSIS Label upon all the schools which have gone through the impact assessment exercise. The objective of the Label is to recognise business schools that are aware of the importance of measuring and assessing their impact not just within the management education community, but within society at large.

Nineteen Schools, including SKEMA Business School, AUDENCIA Nantes, Corvinus University of Budapest, EM Normandie, Grenoble Ecole de Management, Groupe ESC Troyes, Groupe ESC PauGroupe Sup de Co La Rochelle, HEC ULg Liège, IAE de Bordeaux, IAE de Grenoble, IAE de Lyon, IAE Nice, Montpellier Business School, San Telmo, Sobey School of Business, Toulouse Business School, University of St Gallen & USEK Lebanon were awarded with the BSIS Label during the EFMD Annual Conference in Rome on 12-14 June 2016. Many congratulatuons!

The BSIS scheme identifies the tangible and intangible benefits that a business school brings to theLogo BSISystem HR community. At the heart of the BSIS measurement process is a framework of around 120 indicators covering financial, economic, societal and image dimensions of impact.

"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," said Prof. Gordon Shenton, who, together with Prof. Michel Kalika, IAE Lyon, has been appointed one of the two co-directors of BSIS.

"I am really proud that we can now offer a tangible sign of international appreciation for the tremendous work the schools put in collecting and analysing data on their impact on the local environment. The label also raises the internal awareness within the business schools, proving their relevance, meaning and real impact on the community. It is a seal of recognition for the schools who consider their impact as vital," added Prof. Michel Kalika, BSIS co-director.

If you would like to receive further information or are interested in your school taking part, please visit www.efmdglobal.org/bsis or contact: Gordon SHENTON: This email address is being protected from spambots. You need JavaScript enabled to view it.  Michel KALIKA: This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it..

EFMD Awards EPAS Accreditation to Four New Programmes

EPAS 2016 JuneWe are happy to announce that the EPAS Accreditation Board has recently awarded the EPAS accreditation to three Institutions from Canada, Estonia and United Kingdom. We are delighted to welcome two new countries, Canada and Estonia, to the EPAS pool!
 
Four new programmes from three institutions have been recently recognised by EPAS quality label:

Faculty of Management, Laurentian University, Canada
- Bachelor of Commerce in Sports Administration (Bcom-SPAD)
- Bachelor of Business Administration (BBA on-campus only)

Dr. Stephen Havlovic, Dean of the Faculty of Management, Laurentian University, declared: “The international EPAS accreditation of our undergraduate business programs is a significant milestone for the Faculty of Management in light of our commitment to excellence in developing socially responsible leaders for the global business world. It’s a visible assurance of quality for current and future students, alumni and employers. As a bilingual university working in a very competitive higher education environment, it was important for us to be globally recognized for the excellence of our programs.”

Estonian Business School, Estonia
International BBA Programme 

Prof. Arno Almann, Rector of the Estonian Business School, said: “This is enormous recognition for EBS. It shows that the quality of our studies is up there with the very best business schools around the world. Such accreditation represents validation of what we’ve done to date in developing our study programmes and in ensuring the quality of our teaching and the competitiveness of the education we provide. It also boosts the reputation of both EBS specifically and Estonian higher education generally, and opens up new opportunities for our students and lecturers for working with recognised European universities.”

Faculty of Business, Oxford Brookes University, UK
MBA Programme

“As one of the original recipients of EPAS accreditation, the Faculty of Business at Oxford Brookes University is delighted to continue that tradition by receiving both a five-year re-accreditation for our undergraduate Bachelors in Business programme set as well as a 'first time' five year accreditation for our innovative, online Global MBA. We have always valued highly the rigour of the EPAS accreditation process in cross-checking our own quality assurance and delivery systems and helping us to achieve our aspiration of providing an outstanding student experience at all levels of study. But in addition to that rigour, we also greatly welcomed the collegiality of the accreditation panel in working with us and their constructively critical approach, all of which of course is only made possible by the hugely supportive EFMD administrative team,” said Mr. Chris Blackburn, Pro Vice-Chancellor, Dean of the Faculty of Business, Oxford Brookes University.


Prof. David Asch, Associate Director, Quality Services & EPAS Director, commented: “We are delighted to welcome three new Institutions into the community of EPAS accredited programmes, adding two new countries, Canada and Estonia, to the pool of EPAS accredited programmes. The programme accreditation from EFMD is one of the most demanding yet effective ways to certify the quality of a programme in the field of business and management. We would like to warmly congratulate all three schools for the tremendous work they put into the development of their programmes and for the completion of the accreditation process.”

EPAS was launched in 2005 and has had a considerable impact on the quality of business schools programmes all over the world. With the accreditation of those 4 new programmes, EPAS  adds 2 new countries, Canada and Estonia, to its portfolio. As of June 2016, 102 programmes from 74 Institutions across 35 countries have been labelled EPAS. 

The list of re-accredited programmes is available here.

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

Eight Programmes Successfully Reaccredited by EPAS

EPAS logo13 LRWe are happy to announce that the EPAS Accreditation Board has recently reaccredited eight programmes from seven institutions:

The following programmes have been reaccredited by EPAS:

ICHEC Brussels Management School, Belgium
Master in Business Management

Faculty of Business Studies, University of Vaasa, Finland
Master’s Degree Programme in Finance

J.E. Cairnes School of Business & Economics, National University of Ireland Galway, Ireland
BSc in Business Information Systems

Faculty of Behavioural, Management and Social Sciences, University of Twente, Netherlands
 - BSc International Business Administration
 - MSc Business Administration Programme Set

Faculty of Economics and Administration, King Abdulaziz University, Saudi Arabia
Executive MBA

Faculty of Business, Oxford Brookes University, UK 
BA Business and Management Programme Set

Newcastle Business School, Northumbria University, UK
Undergraduate Framework for Business and Management
 
Please read below what the Deans of the reaccredited schools say about the achievement.

“EPAS re-accreditation comes as the recognition of an intensive work on high-level education, intellectual quality and the transmission of our values, in a world shaken by terror and hateful acts of violence. Despite the extraordinary context of the terrorist attacks in Brussels, the visit was maintained and went on smoothly, and we wish to thank the Peer Review Team for their calm determination in fulfilling their role.” Prof. Brigitte Chanoine, Rector, ICHEC Brussels Management School

“Standing out in the academic education market is important. Getting recognition for excellence from an external party gives the degree programme a valuable advantage in the competition for Finnish and international students. The received recognition bears significance also because the quality of education programmes will get even more emphasis once international master's programmes become subject to a tuition fee for students coming outside the EU.” Prof. Jukka Vesalainen, Dean of the Faculty of Business Studies, University of Vaasa

“We have received the news with great enthousiasm and we are very gratefull for all the energy,  time and expertise that has been mobilised by the EPAS Team to review our program. Would you please be so kind as to extend my thanks and appreciation to the members of the committee. Apart from the accreditation as such, the exercise has once again proven to be an important learning and quality improvement experience at an important moment in the development of the program. We will carry the label of approvement with pride and see to it that the recommendations of the review committee will seriously be implemented.” Prof. Theo Toonen, Dean of the Faculty of Behavioural, Management and Social Sciences, University of Twente

"We are glad to have our EMBA programme reaccredited by EPAS. Our EMBA is one of the most popular programmes in the region. It's designed and promoted for working professionals. This recent reaccreditation decision as well as the accreditation by AACSB and AMBA reconfirm the high quality and robust continuous improvement process of the programmes being offered by our school. King Abdulaziz University is the top Arab university in the region and always wants to maintain its leadership position."  Dr. Ayman Fadil, Dean of King Abdulaziz University

“With 19 programmes, Newcastle Business School has the largest suite of EPAS accredited courses in the UK. This re-accreditation confirms the quality of our learning experience, the industry-relevance of our curriculum and the increased international opportunities for our students and academic colleagues. We are delighted and honoured to be part of the EFMD community.” Prof. Kevin Kerrigan, Executive Dean of Newcastle Business School, Northumbria University

Prof. David Asch, Associate Director, Quality Services & EPAS Director added: "I would like to warmly congratulate the seven Institutions that have successfully gone through the EPAS reaccreditation process. Their achievement illustrates these Institutions’ commitment to the continuous improvement of the quality of their programmes. The highly demanding EPAS standards ensure that the accredited programmes are designed and delivered so that they are both academically rigorous and have practical relevance for students in today’s global environment."

EPAS was launched in 2005 and has had a considerable impact on the quality of business schools programmes all over the world. As of June 2016, 102 programmes from 74 Institutions across 35 countries have been labelled EPAS. 

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

Special Offer for EFMD Members: Smart Certificate™ with Smart Ads™ Free

logo SC blue. without TMpngAre you looking for a highly secure, easy to use solution to grant thousands of academic credentials in just a few clicks?

Smart Certificate™ is the answer!
 
When posted to a LinkedIn profile, or shared via other channels, Smart Certificate™ becomes a personal electronic recommendation that turn an alumni into your best marketing tool. And embedded in the certificates are Smart Ads™ that bring potential candidates direct to you.
 
However, not all education organisations want to leverage alumni communities for programme marketing; some just want a turnkey solution to generate and manage secure digital credentials.
 
achievementsIn recognition of the diverse needs of its client base, CVTrust is pleased to announce a new Smart Certificate™ website where you can find out about the latest service packages. Whether you are a small or large education and training organisation, Smart Certificate™ has a solution that meets your needs.
 

We’re also offering EFMD members a very special offer: sign up for Smart Certificate™ and get Smart Ads™ free whatever the pack chosen. The offer is valid until the end of 2016.

“Sharing documents that have the label of trust has become tremendously easy. The Smart Certificate solution has changed the way that graduates, schools and recruiters interact. Smart Certificate clearly sets the standard,” commented Mr. Sven Biel, Associate Director MBA Programme Management at INSEAD.

Discover what other instututions said about the Smart Certificate™ here.

There is no better time to implement the Smart Certificate™ solution. Get in touch with This email address is being protected from spambots. You need JavaScript enabled to view it. to find out more.

Internationalisation Strategies in Higher Education

NBEAC’s 3rd Deans and Directors Conference that took place on 17-18 February 2016 in Lahore, Pakistan.

The conference, origanised by the National Business Education Accreditation Council, gathered more than 300 participants, among which more than 100 Deans, which make it the largest gathering of Deans and Directors of business schools outside of India, USA and Europe.

The topic of the conference was how to strengthen business schools through partnerships.

Pakistan 2Dr. Christophe Terrasse, Director, International Projects, EFMD, delivered a keynote speech on internationalisation strategies, during the inaugural session of the conference. He underlined that internationalisation is now compulsory for HEIs, as it is now requested by all the stakeholders, whether they are students, faculty or corporates.

However, there is no “one size fits all” model when it comes to the internationalisation and each institution should carefully design its strategy and allocate proper resources for its implementation. In doing so, the institutions should capitalise on their existing networks (faculty, alumni, corporations) and take advantage of the platform offered by existing international networks.

They should avoid the common mistake of reducing the notion of internationalisation to passport counting or teaching in English. Internationalisation is much more than this and encompasses ‘internationalisation at home’, i.e. going beyond physical mobility, and internationalisation of the curriculum.Pakistan 1

EFMD has a long standing cooperation with NBEAC and regularly provides resources for training in the field of accreditation and quality assurance, joint activities and participation to the NBEAC conference.

EFMD also led a regional EU-funded project that initiated a regional accreditation system for business education in South Asia (India, Pakistan, Sri Lanka and Bangladesh).

EFMD counts three members institutions in Pakistan: Institute of Business Administration (IBA), Karachi, UMT - University of Management and Technology, Lahore and the NBEAC-National Business Education Accreditation Council.

Launch of the Business School Impact System (BSIS) Label

BSIS logo
Launch of the Business School Impact System (BSIS) Label

Since its launch in 2014, BSIS - Business School Impact Survey, run as a joint venture between EFMD Global Network and FNEGE, has successfully assessed 19 business schools & 24 campuses all over the word, including SKEMA, IAE Lyon, St.Gallen and USEK Lebanon.

Thomas Bieger, President of University of St.Gallen in Switzerland said: “The University of St.Gallen is a cantonal/state school with an international role. Less than 10 percent of our students are from the region, but our university needs the support of the local citizens when, for example, it needs new buildings or other infrastructure (...) For us, the BSIS impact assessment not only helps to create a transparent scheme for impact measurement and improves our strategy by fruitful inputs and benchmarking, but it also significantly increases internal awareness of the importance of regional legitimation."

 At a time when all organisations are increasingly being held accountable for their activities, there is often a need to demonstrate with well-documented evidence the impact that they have on their immediate environment.

 The BSIS scheme identifies the tangible and intangible benefits that a business school brings to the community. At the heart of the BSIS measurement process is a framework of around 120 indicators covering financial, economic, societal and image dimensions of impact.

In order to formally recognise the efforts schools put into undertaking the impact assessment exercise, EFMD officially transformed BSIS - Business School Impact Survey into BSIS - Business School Impact System and agreed to confer the BSIS Label upon schools going through the impact assessment process. The decision was taken by the EFMD Board at the 2016 EFMD Deans & Director General Conference in Budapest.

The objective of the Label is to recognise business schools that are aware of the importance of measuring and assessing their impact not just within the management education community, but within society at large. The Label will be also awarded retroactively to the schools that have gone through the process since its launch.

"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," said Prof. Gordon Shenton, who, together with Prof. Michel Kalika, IAE Lyon, has been appointed one of the two co-directors of BSIS.

"I am really proud that we can now offer a tangible sign of international appreciation for the tremendous work the schools put in collecting and analysing data on their impact on the local environment. The label also raises the internal awareness within the business schools, proving their relevance, meaning and real impact on the community. It is a seal of recognition for the schools who consider their impact as vital," added Prof. Michel Kalika, BSIS co-director.

If you would like to receive further information or are interested in your school taking part, please visit www.efmdglobal.org/bsis or contact: Gordon SHENTON: This email address is being protected from spambots. You need JavaScript enabled to view it.  Michel KALIKA: This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it..

EFMD Launch EOCCS - EFMD Online Course Certification System

EFMD launch EOCCS


At the 2016 EFMD Conference for Deans & Directors General in Budapest hosted by the Corvinus University of Budapest, EFMD officially launched EOCCS - EFMD Online Course Certification System.

Prof. Eric Cornuel, Director General & CEO of EFMD, said: "EOCCS is a vital addition to the EFMD portfolio of quality services. It gives online courses within universities, business schools, corporate learning organisations and public agencies a top international quality benchmark in the diverse education landscape where digital technology is applied to teaching and learning. EFMD draws from twelve years of experience in running CEL accreditation, which was designed to raise the standard of ICT-based learning programmes in the area of management education. CEL accreditation was at the time a pioneer initiative in the quality assurance of technology-based learning. The expertise EFMD gathered throughout that process will help us to ensure that the EOCCS certification system will bring value and external seal of recognition to quality online courses in the world.”

Recent years have seen a surge in the use of technologies in higher education, often described as “mediatisation of the higher education ecosystem.” After the appearance of MOOCs and the subsequent hype, the discussion today is concentrating on the affordances of new learning technologies and a refinement of pedagogical approaches.

"Online learning can open up more efficient and effective ways of learning. Course participants can align their pace of learning to their competences, construct their own learning journey independently and engage in active knowledge exchange. As online delivery methods continuously change, EOCCS certification of quality standards will help institutions to meet the course participants’ needs and expectations,” added Prof. David Asch, EFMD Quality Services Director.

The new EFMD Online Course Certification System (EOCCS) is designed as an international certification system firmly embedded in the general philosophy of EFMD accreditations, namely internationalisation, practical relevance and quality improvement. EOCCS is open to any institution delivering online business and/or management-related courses that are stand-alone or constitute part of a certificate or programme. The institution must be able to demonstrate that the four EOCCS standards are satisfied.
EOCCS standards

“EOCCS can be seen as an add-on to EQUIS, EPAS and CLIP, where online provisioning is not a mandatory feature. The intentional impact of EOCCS to institutions, and to the business and management education field, is high quality online courses and the recognition of online learning as an effective and flexible way of learning”, said Prof. Martin Schader, Associate Director, Quality Services, EFMD.

The EOCCS certification system will be established and developed with a portfolio of top pilot institutions representing both corporate and business school world, including BI Oslo, HEC Paris, Henley Business School, IE Business School, The Open University, Iversity, Mazars and Sberbank.

EOCCS allows for an in-depth review and feedback within 3 months.
EOCCS processIf you would like further information or are interested in your online course taking part, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

ISB-Ivey Global Case Competition 2016 supported by EFMD

ISB Ivey competition 2016The Centre for Teaching, Learning, and Case Development at the Indian School of Business and the Ivey Business School, Western University, Canada announce the ISB-Ivey Global Case Competition 2016. The annual competition identifies and publishes the best India-centric business cases from around the world. The event is supported by Ivey Publishing, Amazon, Confederation of Indian Industry (CII) and EFMD.

Launched in 2010, the competition has rapidly gained prominence in India and abroad and is widely considered a valuable source for cases by Business Schools around the world. The competition generates a growing number of submissions and published cases each year, facilitating its goal of building a repository of a high-quality, internationally benchmarked cases about Indian businesses.

A panel of internationally acclaimed subject experts judge shortlisted cases in a double-blind review process and provides written feedback on each case. The top cases from this competition are marketed and distributed to a global audience of business schools by Ivey Publishing — the largest source of current Asian and Indian business cases in the world.

The deadline for submitting the "Participation Form" is 29 February 2016 and more submission details, categories, criteria and deadlines can be found on the case competition website.

Value of EDAF - EFMD GN Deans Across Frontiers: Videos

In a few short videos, Michael Osbaldeston, EFMD Director of Quality Services, and Christian Delporte, EDAF Director, talk about EDAF - an assessment and mentoring system for Business Schools.

In the full interview - available here - Michael and Christian explain the value of EDAF and how it fits into EFMD’s wider social responsibility, the mentoring aspect of EDAF, who can benefit from the system, the process and cost involved, as well as a possible path towards EPAS and EQUIS accreditations.
EDAF logo15 LR
“What has pleased us most about the EDAF mentorship is that the process is a collective one, directed towards the needs of the institution. Our experience has been one of unity and collaboration across departments and teams looking to improve our processes of internationalisation, research and teaching.”
Ms Gisele Becerra, Undergraduate Programmes Director, CESA, Colombia


Please find below direct links to the podcasts where we answer the following questions:

1. What is EDAF?

2. How did the need for EDAF arise?

3. Who is EDAF for?

4. What is the current status of schools involved in EDAF?

5. How does the EDAF process work?

6. How does the mentoring process within EDAF work?

7. How EDAF can help a school on a path towards EQUIS or EPAS accreditation?

8. What are the benefits for schools taking part in EDAF?

9. How does EDAF fit into EFMD’s wider social responsibility?

10. What are the costs involved in going through the EDAF process?

11. What are the long term hopes for EDAF?

The whole playlist with all the individual videos can be accessed via the following link or by pasting the following URL http://bit.ly/1JKD8i5

Learn more about the EDAF: download EDAF brochure in English and Spanish or access directly EDAF webpage.

Value of EQUIS and EPAS Accreditations: Videos

In a few short videos, Prof. Michael Osbaldeston, EFMD Director of Quality Services, explains the value of EQUIS and EPAS accreditations, the process, a possible pathway between EPAS and EQUIS, the cost-benefit report, as well as internationalisation, alumni and research dimensions of the accreditations.

Please find below direct links to the podcasts where he answers the following questions:

- What is the value for schools in participating in EQUIS and EPAS?

- What role does EFMD feel alumni should be playing?

- The cost of accreditation versus its value

- Is EPAS a valid pathway to EQUIS?

- What is the value from all the work required to complete accreditation assessment reports?

- What are the challenges of internationalisation?

- How is EFMD approaching the impact of research?

The whole playlist with all the individual videos can be accessed via the following link or by pasting the following URL http://bit.ly/1LxOAvP

EPAS logo13 LR"The process of the EPAS accreditation has helped sharpen our focus on the strategic priorities. A mission and strategy are often easy to formulate but more difficult to implement. By focusing on the processes in the EPAS framework we know what variables we can work on over the coming years in our journey of educational excellence."
Prof. dr. Rudy Martens, Dean, Faculty of Applied Economics, University EQUIS logo13 LRof Antwerp, Belgium

"EQUIS accreditation is one of the most important benchmarks available to business schools to ensure excellence in teaching, student experience, research and outreach. I am very pleased that our substantial effort to continually improve in all aspects of what we do has been well recognised."
Prof. Jon Reast, Dean, Bradford University School of Management, UK

Learn more about the EFMD Quality Services offer: download the Quality Services brochure or access directly EQUIS and EPAS webpages.

Siemens Global Learning Campus Re-accredited by CLIP

CLIP Reaccreditation to SIEMENS
We are delighted to announce that Siemens Global Learning Campus has been recently reaccredited by CLIP.

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. The CLIP commutiny includes:

Dr. Kai-Holger Liebert, Head of Global Learning Campus, Siemens AG, Germany, said: “I am very pleased to report that after having earned our first accreditation in 2010, we have once again received the CLIP Award. I see this as proof that as a learning organization within Siemens, we are on the right track and have been working on the right levers over the past few years. Of course, the requirements of our Siemens business units have contributed to the changes in our learning organization, but the scrutiny of the EFMD as a benchmarking authority made up of learning experts has enabled us to take a neutral yet professional perspective regarding our activities.  We have therefore taken very seriously the points that were rated during our 2010 accreditation as needing improvement. We have worked on them, and these efforts have paid off. Not only because we’ve been accredited once again, but also because our position within the company is much stronger today, and we serve as a partner to the business units for changes and the resulting new challenges. During the accreditation, the way in which we have globally organized learning was emphasized as a point of excellence. We have done this with our own approach, taking a path that is consistent with Siemens’ corporate culture. We have combined the individual, independent learning organizations in the Siemens countries into a single integrated organization which operates under the name “Global Learning Campus.” This name represents a shared goal but also leaves plenty of room for local ways of reaching this goal. We are putting “shared governance” into practice by establishing a common, global leadership circle. The involvement of the German headquarters contributes the company perspective while the individual countries represent their regional requirements. Our maxim is to act globally as much as possible in order to utilize synergies and communicate corporate content, while at the same time permitting local distinctiveness to the necessary extent. It has been a long process to set up this integrated organization, and our work is never finished. Mutual trust is the basic requirement for the success of this kind of organization in which the units operate under separate disciplinary authority. Another success factor is our closeness to the Siemens business units. We are fully networked so that we can translate business challenges into skills requirements and then into learning products. We involve the business units and central offices in the product development process. As a result, we can use strategies and support and drive them forward as a global network within the company. In addition to this logistical expertise as a global organization, our core competency lies in using the most effective learning methods for this mission-critical content. In the future, we will be facing many new challenges as well as opportunities that will emerge from the digitalization of our society. New forms of e-learning are, of course, a suitable way to quickly disseminate content, particularly in a global corporation. But social media platforms and video platforms with user-generated content must also be part of an employee’s learning portfolio in the future. Increasingly, it is becoming our job to provide orientation and to act as a “content curator,” in order to guarantee effective learning. I’m looking forward to these challenges in the coming years!

The CLIP 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.

Dr. Martin Moehrle, Associate Director, Corporate Services, who leads the CLIP process at EFMD, added: “When corporate learning functions have achieved adequate maturity in their portfolio of programmes and in their global reach, going through CLIP is an effective tool in identifying options and areas of focus for the next phase of their evolution.

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

EFMD Call for Participation in the 2016 GMAC Corporate Recruiters Survey

 2016 corporate recruiters survey

EFMD and GMAC are once again cooperating to carry out the Corporate Recruiters Survey (CRS). Since 2001, CRS data has provided a picture of the current employment landscape, gauged employer demand for MBA and master-level business graduates, and offered valuable insights into employer needs and trends across industries and world regions.

The survey is conducted by GMAC in partnership with EFMD and the MBA Career Services & Employer Association (MBACSEA).Screen Shot 2015 12 08 at 12.35.13

For the 2016 edition, there are two easy ways to participate:

- Option 1: You provide GMAC with the list of employers that recruit and hire students from your business school, and GMAC takes care of the rest.
- Option 2: You administer the survey directly to the employers that recruit and hire students from your business school using a unique URL that GMAC provides.

Participating schools receive exclusive access to the following:

- Interactive Data Report. A free online tool that lets survey participants examine findings in greater depth and conduct customized data searches by numerous variables including propensity and magnitude of hiring overall and by industry and company size, internship data, and salary data.
- Customized Benchmark Report Tool. This free online service gives participants the power to instantly generate benchmark reports for peer programs of their choosing.

The survey launches on February 10, 2016. Sign up your school to participate anytime from now until January 31, 2016 to be sure your school hears from the employers that recruit your students about their hiring projections and the skills they seek in business grads.

For more information, please visit a special webpage.

2015 Emerald/EFMD Outstanding Doctoral Research Awards: Apply Now!

emerald efmd banner

EFMD and Emerald Group Publishing seek to celebrate excellence in research by sponsoring the 2015 Emerald/EFMD Outstanding Doctoral Research Awards.

Award-winning entries will receive a cash prize of €1,500 (or currency equivalent), a certificate and a winners' logo to attach to correspondence. In addition, a number of Highly Commended Awards will be bestowed. This year there are seven categories:

·         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
·         Educational leadership and strategy
Category sponsored by Journal of Educational Administration
·         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 Organization and Management

You can check out the 2014 Winners (and earlier years) here and this year's closing date for applications is 15 January 2016.

The entries will be judged by the Editor(s) and at least one Editorial Advisory Board member of theEmerald logo.jpg sponsoring journal.

Entries will be judged on the following criteria: Significance/implications for theory and practice, Originality and innovation, Appropriateness and  application of the methodology, and Quality of data/research.

All details on the 2015 ODRA's as well as a FAQ can be found here. The application form is here.

2015 EFMD GN Asia Annual Conference

EFMD GN Asia Annual Conference 2015

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

CEIBS Acquires Lorange Institute of Business Zurich

CEIBS logoGuest post by Dr. Peter Lorange, Honorary President, Lorange Institute of Business Zurich, A Member of CEIBS Group

CEIBS, the China Europe International Business School, took over the Lorange Institute of Business Zurich, effective October 2015.

CEIBS was established in 1994 under an agreement between the Ministry of Foreign Trade and Economic Co-operation (MOFTEC, now The Ministry of Commerce) and the European Commission. The school has had a very successful development, and is today considered by many to be not only a top school in China but also one of the leading business school in Asia. CEIBS is now “re-entering” Europe through the acquisition – via the Friends of CEIBS Foundation – of the Lorange Institute of Business Zurich. Lately, we have seen important acquisitions by Chinese companies or the Chinese government all around of the world, including in Europe. The development of a base for CEIBS in Switzerland, thus, comes as a natural consequence of this added Chinese visibility in Europe.

For CEIBS the choice of Switzerland was important, as the country is situated in the center of Europe, with a neutral status vis-à-vis the major European countries, and with a high attractiveness ranking. And, selecting the Lorange Institute was equally natural for CEIBS. The fact that the Lorange Institute has no permanent faculty, but relies exclusively on drawing on faculty from other academic institutions, was seen as attractive to CEIBS as this ensures that there will be no major issues of cross-cultural integration of faculty.

The Lorange Institute is largely expected to maintain its present modus operandi, including continuing to offer its Masters programmes (E-MBA, E-MSc/ and its tailored corporate programmes). In addition, there are four new focal points for the Lorange Institute:

  • Many companies in Europe have been acquired by the Chinese organisations. This has risen a need for training of Chinese executives being assigned to these acquisitions. The new entity aims at providing relevant executive education offerings to this customer segment.
  • Exchanges for EMBA programme participants. Many of these Master students from CEIBS shall come to the Lorange Institute for several weeks and attend specific modules. Similarly, Master students from Lorange Institute shall be attending learning activities at CEIBS. The purpose: improved focus on the cross-cultural aspects of internationalisation.
  • Prepare European executives for China. Many European businesses see the large, fast-growing Chinese market as attractive, perhaps particularly now with a shift towards consumerism and away from classical manufacturing in China. However, the European executives may not be all that well prepared for doing business in China. The new entity is aiming to address this market.
  • Study trips in Switzerland for Chinese executives. There is often much to learn when it comes to management practices of Swiss companies, in particular when it comes to how these firms focus on rapid implementation of innovations. This will be one area of focus during study trips that will be arranged for Chinese executives.
A final issue: it is the intention of the acquirer, CEIBS, to maintain the fundamental ways in which the Lorange Institute now operates. So, Dr. Philipp Boksberger, President and CEO, shall continue in this roLorange logole, with Dr. Yuan Ding, Dean at CEIBS, as the Executive Chairman. The basic modular structure of many of the offerings at the Lorange Institute shall remain; as will the heavy focus on outsourcing, modern pedagogy, and ability to act with speed and flexibility.

In conclusion, it is important to point out that the clear aim of this deal is for dominant Chinese practices - such as long-term time horizon, consensus management, etc. - to be shared with European audiences, where there is already a genuine interest. Similarly, CEIBS is interested in drawing on several of the innovative business school practices put to work at the Lorange Institute. Dr. Peter Lorange shall remain involved in the new entity, and shall play a role when it comes to this, and as Honorary President.

EQUIS Re-accredited Seven Leading Business Schools

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

•    Copenhagen Business School, DenmarkEQUIS logo13 LR
•    Korea University Business School, Republic of Korea
•    Waikato Management School, Waikato Management School, New Zealand
•    Otago Business School, University of Otago, New Zealand
•    Kozminski University, Poland
•    Faculty of Economics, University of Ljubljana, Slovenia
•   Imperial College Business School, Imperial College London, UK

"With EFMD's accreditation of CBS for a further five years it is once again confirmed that CBS is an education institution of a particularly high quality in terms of research, education, students and teachers. EFMD has numerous criteria that business schools must meet, and this year's visit had a special focus on CBS's development strategy. I find that undergoing a thorough examination by an independent group of experts has a very positive impact on the entire organisation. At CBS we attach great importance to our international accreditations. They are conditional on our ability to meet international criteria for high quality in our work. The very best people scrutinise our strategy as an international business school."
Dr. Per Holten-Andersen, President, Copenhagen Business School, Denmark

"Since its initial accreditation in 2007, Korea University Business School (KUBS) has come a long way in reaching its international academic aspirations. KUBS has been able to enhance its educational and research standings in the global setting through redesigning of its curriculum, the construction of a new business school facility, and greater interationalization of faculty and programs, among other efforts. Through its second consecutive five-year EQUIS re-accreditation, KUBS continues to review its processes and achievements and hopes to further develop as an international business educational institution."
Prof. Dong-One Kim, Dean, Korea University Business School, Republic of Korea

"The Waikato Management School is proud to be accredited by EFMD / EQUIS. The rigour and care of the accreditation review process provide an invaluable quality assurance mechanism for us, and signal to current and prospective students that at the WMS they can be confident of receiving a transformative educational experience that will provide them with globally relevant knowledge, skills, and connections."
Prof. Don Ross, Dean, Waikato Management School, Waikato Management School, New Zealand

"The University of Otago Business School is pleased to have been awarded our third EQUIS accreditation. The international recognition of quality the accreditation brings is highly valued by the School, the University, and our graduates and alumni. We are continually looking for ways to improve;  and in such a distant location from the rest of the world, this accreditation confirms that we are maintaining the high management education standards we seek."
Prof. George Benwell, Dean, Otago Business School, University of Otago, New Zealand


"We are truly honoured to have received a full EQUIS accreditation for the third time. Kozminski University (KU) was awarded its first EQUIS accreditation in 1999 so, for more that 15 years, KU has been guided by EQUIS accreditation standards. During this period, we came to recognize our weaknesses and done all we can to overcome them. As a result, KU has gradually matured as a truly international academic institution. In this process, EQUIS standards and criteria have provided KU with a valuable source of benchmarks and best practices that guided future development and provided motivating challenges for KU staff members."

Prof. Witold Bielecki, Rector, Kozminski University, Poland 

"Every reaccreditation cycle starts as a reminder of the almost unimaginable progress we have made and the valuable lessons we have learned so far. It continues by revealing the future challenges we are yet to face. It then ends not only by clearly showing the way forward but by empowering us to stay on course and be brave enough to continue to grow from a regional to an internationally recognised business school. We are honoured to be an EQUIS accredited school and we are proud of our achievements that were made possible by dedicated staff and supporting partners."
Prof. Metka Tekavcic, Dean, Faculty of Economics, University of Ljubljana, Slovenia   

Prof. Michael Osbaldeston, the EFMD Director of Quality Services, added, "I would like to congratulate the schools that have gone through the reaccreditation 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

EQUIS Accreditation Awarded to Bond, CKGSB, ESMT & LUISS

2015 EFMD EQUIS Accreditated Business Schools 03

EFMD would like to warmly congratulate Bond University, Faculty of Business, Cheung Kong Graduate School of Business, ESMT European School of Management and Technology & LUISS Business School including the Department of Business and Management who have just been awarded EQUIS accreditation.


This takes the number of accredited schools to 159 across 40 countries.

Please read below what the Deans of the accredited schools say about the achievement.

“EQUIS is an internationally recognised stamp of excellence and going through the extensive accreditation process itself delivered significant value. The process involved so much more than the supply of data to develop forced rankings, guides and lists. In addition to self-analysis, an in-depth review of our School, strategy, programs, research, community outreach and global competitive positioning was conducted by a panel of our international peers. The constructive, supportive advice of the professional peer review team ensured it was a positive learning process for us and one that provided significant guidance and direction. Our students are assured they will receive international recognition for their qualification, which is absolutely vital in today’s competitive global marketplace. With less than 2% of the world's 13,000 business programs EQUIS Accredited, Bond University and its Faculty of Business are in very good company indeed.”
Prof. Mark Hirst, Executive Dean, Faculty of Business, Bond University, Australia

“We are delighted to gain official accreditation from EQUIS, which is well recognised around the world. It will give us more opportunities to exchange best practices with other leading business schools. We are confident that it will also help us continue to innovate in developing global leaders of today and tomorrow.”
Prof. Bing Xiang, Dean, Cheung Kong Graduate School of Business, China


“We are delighted to have been granted EQUIS accreditation and would like to thank EFMD and in particular the EQUIS Peer Review Team for its constructive and helpful feedback. We appreciate the time and effort they have spent working with us. ESMT is committed to delivering the best business education and preparing their graduates to excel from the first day of their careers, and in this light, we look forward to working together with EFMD to constantly improve and maintain the highest levels of quality.”
Prof. Jörg Rocholl, President, ESMT European School of Management and Technology, Germany

“LUISS Business School including the Department of Business and Management are honored to receive the EQUIS accreditation. The entire process has been challenging and at the same time highly rewarding for the development of new and relevant practices and to grow at the international level. Our multidisciplinary perspective combined with a strong network of corporate relationships and an innovative approach to Ethics, Responsibility and Sustainability have received a powerful external endorsement from this process. The whole experience has been valuable to our institution and we warmly thank EFMD and the peer review team for their support. EQUIS accreditation is a central part and a stepping stone of our institutional strategy.”
Prof. Paolo Boccardelli, Dean, LUISS Business School, Italy


Prof. Michael Osbaldeston, the EFMD Director of Quality Services & EQUIS Director added: "We are delighted to welcome four new schools into the community of EQUIS accredited schools. EQUIS accreditation ensures a rigorous quality improvement process, involving a thorough self-assessment, a visit of an international peer review team, and finally a very experienced Awarding Body evaluating the assessment and findings of the review team to determine whether the School should be granted accreditation. EQUIS benchmarks the School against international standards in terms of governance, programmes, faculty, students, research, and foremost, corporate engagement, internationalisation and ethics, responsibility and sustainability. There are currently no substitutes for such an in-depth assessment of quality and all the 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
  • Becoming 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

7th Global Peter Drucker Forum: "Claiming our Humanity - Managing in the Digital Age”

As in past years EFMD will be a strategic partner of the Global Peter Drucker Forum.

7thGPDF LogoThe Drucker Forum 2015 touches a key theme of our time: it will look at the technology Tsunami - with Robotics, Big Data, Artificial Intelligence, Cloud Computing, and The Internet of Things - through the lens of humanity. This leads into fundamental questions to be discussed at the Conference:
 
In a technology-driven economy, is management still about people? Does it need a fundamental makeover? How can digital technology be leveraged do augment human capacity as opposed to automate and replace it? Can we achieve breakthrough innovation across the board creating new opportunity for people?  Based on the new technology infrastructure - is a new economic order in the making? What is the role of the public sector in this secular transformation?

As the Forum’s strategic partner, we can provide our members with a 10% reduced conference fee. To secure your conference pass at the special rate please register under the following link http://www.druckerforum.org/registration/ and enter the code "EFMD" as prompted in the course of the registration process. Last remaining seats available!

If you cannot make it in person you are invited to join virtually. Free registration for the live stream (sponsored by Scrum Alliance) is available here.

Simultaneous translation from English into Chinese will be available at the Drucker Forum (sponsored by Haier Group). Chinese speaking audiences can active a Chines laguage channel for the live stream as well.

The 2015 roster of world class speakers and thoughtleaders includes:
  • Charles Edouard Bouée, CEO Roland Berger Strategy Consultants
  • Robin Chase, Entrepreneur, Founder & former CEO of Zipcar, co-founder Veniam
  • Tom Davenport, Distinguished Professor in Management and Information Technology at Babson College
  • Steve Denning, Forbes contributor, Member of the Board of Directors Scrum Alliance
  • Charles Handy, Social Philosopher
  • Adi Ignatius, Editor-in-chief of Harvard Business Review
  • Santiago Iniguez, President IE University and Dean IE Business School
  • Jim Keane, President and CEO of Steelcase Inc.
  • James Manyika, Director, McKinsey Global Institute
  • Henry Mintzberg, Cleghorn Professor of Management Studies at McGill University
  • Dambisa Moyo, International economist and writer 
on macroeconomy and global affairs
  • Kevin Roberts, Executive Chairman, Saatchi & Saatchi, 
and Head Coach Publicis Groupe
  • Gillian Tett, US Managing editor and columnist, Financial Times
  • Sherry Turkle, Abby Rockefeller Mauzé Professor of the Social Studies of Science & Technology at MIT
  • Ruimin Zhang, CEO of Haier Group

For the complete speaker's list please go here. The final conference programme is available here.

For more information about the Drucker Forum please also see the article published in the Global Focus June issue Management's Second Curve by Richard Straub, the 2015 Drucker Forum blog series and the conference abstract.

EFMD Awards EPAS Accreditation to Three New Programmes

EPAS Accred 2015 UE IAE

We are happy to announce that the EPAS Accreditation Board has recently awarded the EPAS accreditation to two new Institutions from Poland and France.


Three new programmes from two institutions have been recently recognised by EPAS quality label:
"IAE Montpellier is honored to be awarded EPAS for its Master in International Business programme. IAE Montpellier stands out for its focus on double skills training in management and EPAS accreditation has been a powerful external endorsement for the quality of our programme. The whole process of accreditation has been valuable to our institution and we warmly thank EFMD and the peer review team for their support. EPAS accreditation is a very important part of our drive for continuous improvement."
Mr Eric Stéphany, Director, IAE Montpellier School of Management, Montpellier University, France

“EPAS process is a very disciplined and structured process. Participation in the process by two of our programmes - Bachelor Studies in Finance and Master Studies in Finance - resulted in the improvement of the programmes, first of all, by strengthening corporate relationships, secondly, by identification of the factors driving the quality improvement, and thirdly, by the progress in the internationalisation of the programmes.”
Prof. Krzysztof Jajuga, Head of Bachelor and Master Studies, Faculty of Management, Computer Science and Finance, Wroclaw University of Economics, Poland

Prof. David Asch, Associate Director, Quality Services & EPAS Director, commented: We are delighted to welcome two new Institutions from Poland and France into the EPAS community. Programme Accreditation from EFMD is one of the most effective ways to certify the quality of a programme in the field of business and management. The EPAS accreditation process involves an extensive self-assessment, a visit of an international peer review team and a very experienced jury evaluating the assessment and findings of the peer review team to determine whether the programme should be granted accreditation. Accreditation is about excellence and continuous quality improvement linked to the strategy, vision and leadership of the School. It is also forward looking and helps a School to set a quality agenda for the future.

EPAS was launched in 2005 and in 10 years has had a considerable impact on the quality of business schools programmes all over the world. As of October 2015, 97 accredited programmes from 71 institutions across 31 countries have been awarded EPAS accreditation.

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

2016 HUMANE Winter School: Applications Now Open

WinterSchool Barcelona bannerYou are warmly invited to apply now for the EFMD (ESMU)–HUMANE Winter School! The Winter School will take place from the 6-11 March 2016 in Barcelona, Spain, hosted by Universitat Pompeu Fabra.

The aim of the Winter School is to develop the leadership potential of talented administrators in higher education by making them fully aware of the concepts and practices of strategic management in a global context.

The programme focuses on key areas of higher education management including: strategic management, effective implementation involving integration of academic and financial issues, human resources, communication and change management. 



The typical candidate will be someone who has the potential to become an influential senior manager and/or head of administration in the future but who at this moment may not be a deputy or senior colleague. Candidates may be an expert or specialist with the potential to broaden responsibility and move in due course to a senior management position.

WinterSchool Barcelona logoIn addition to presentations and case studies on particular themes from leading university administrators and distinguished speakers, participants work in teams on a university based case study, that involves analysing data, finding policy options, and finishes with a case presentation to a panel of EFMD and HUMANE members.

Participants are requested to fill in the electronic application form and will be asked to submit the a one page statement describing qualifications and interest, a curriculum vitae and support letter.
 The deadline for applications is 31 October 2015.

EFMD and HUMANE are pleased to announce the availability of two scholarships for outstanding individuals from EFMD and HUMANE member institutions. If you wish to apply for this scholarship, please check the details here.

Finally you are invited to read the article "Warm memories of the Winter School" from EFMD’s Global Focus magazine which gives some good insight into many of the issues that will be covered in Barcelona.

 For queries about the Winter School, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.l, Winter School Director or This email address is being protected from spambots. You need JavaScript enabled to view it.>" target="_blank">Caroline Taylor, Winter School Coordinator.

“Best of the Best” - Overall Winner of the EFMD Case Writing Competition

case writting competition winner IMD
After a very careful evaluation of all the winning cases of the 2014 edition of the EFMD Case Writing Competition, “J.M.Huber: A Family of Solutions” was chosen as the “Best of the Best” - the overall winner of the EFMD Case Writing Competition! The case is written by Benoit Leleux and Anne-Catrin Glemser, both at IMD.

"The J.M. Huber case is excellently written. It is fascinating to read, charting the development of a business with roots back to 1765 in Germany, to its beginnings in the U.S.A in 1883 and its continual development into the fascinating, values-based family business that it is today. It also serves as a case on general strategy and business development over time"
, wrote the selection committee comprised of Gay Haskins, Anders Aspling and Richard McCracken.

imdThe case is extremely well researched and provides great teaching and learning opportunities. The teaching note is thorough and fully meets its objective of providing superb opportunities to discuss fundamental family business issues in an integrated and original manner.

In unearthing the scenario, developing the relationship and then analysing and writing the history as a story engaging - and relevant to - a wider audience, the winning case is a perfect illustration of a great case author's skill in combining academic research, analysis and rigour with a strong narrative style.

Moreover, the “Family Business category” is a type of business at times neglected in business school programmes, despite the huge number of family businesses around the globe.

The judges' task in selecting a winning case was made both more difficult and more pleasurable by the very high standard of the cases under consideration. The judges welcomed the breadth of cultural and industrial scenarios reflected in the cases and were struck by the high quality of research and writing. We commend all the entrants for the quality of their work. It took an exceptional case to win in such company.

Many congratulations to the authors for this outstanding contribution to the management education body of knowledge. The 2014 Case Writing Competition has first rate winning cases across all categories. Several of the cases could have been worthy winners of the overall award as “Best of the Best”, said Eric Cornuel, EFMD Director General and CEO.

Benoit Leleux and Anne-Catrin Glemser, the authors of the winning case, added: “We are very honored and proud to receive this prestigious acknowledgement. It has been a great journey for us to unveil the unique ways in which J.M. Huber Corporation unites family interests with those of its businesses and combines tradition and innovation while demonstrating resilience and commitment since its founding in 1883. We hope this case will provide a rich platform for other family-owned or controlled businesses to discuss best practices, stimulate dialogue and learn from each other. It should also be relevant for non-family businesses to discuss values-based cultures, policies favoring broad inclusion, leading-edge governance processes and the management of a diversified portfolio of industrial activities”.

This year's "Best of the Best" was submitted in the category "Family Business".

Winners in the other categories include: IBS Hyderabad, IE Business School, Indian School of Business, INSEAD, Kellogg School of Management, L.N. Welingkar Institute of Management Development and Research, Middlesex University Dubai, Richard Ivey School of Business, Rotterdam School of Management, Singapore Management University, University of Regina, University of Waterloo.

For more information on categories and submission opportunities, please consult the dedicated EFMD Case Writing Competition website.

The upcoming submission deadline is 30 October 2015.

Business Development in Latin America: The Very Best Cases

universidad externado de colombiaCase2014winner logoBusiness development in Latin America is at the core of this category in the EFMD annual Case Writing Competition, sponsored by Universidad Externado de Colombia and the 2014 winner is this category is:

"Chile's Concha y Toro: A Silver Bullet for the Global Market", written by: V. Namratha Prasad and Muralidhara G V, both at IBS HYDERABAD, India.

The case “Chile’s Concha y Toro: A Silver Bullet for the Global Market,” describes the efforts made by Chilean company Concha y Toro (Concha) to build its brand image in the global wine market at a time when Chilean wines were generally perceived as cheap.

Concha adopted a ‘Silver Bullet’ strategy, wherein it focused on promoting its flagship premium brand – Casillero del Diablo, throughout the world. The company expected the fame of the brand to propel the popularity of its other brands and eventually enable it to raise their prices. Toward this end, the company undertook a global ad campaign that was carried on TV and outdoor media. It also entered into a three-year sponsorship deal with renowned football club, Manchester United, which helped it immensely in building a global brand image.

IBSHyderabad logoAt the same time, Concha laid special emphasis on improving its wine production processes, which included extensive investments, exploration of new territories, and collaboration with other prominent wine companies. Concha also implemented strict control over its distribution processes and this helped it to control the visibility of its brands and to ensure the company achieved its business objectives in local markets. Despite the tangible improvement in the brand image of the company, as of 2014, Concha was still battling the consequences of the popular perception that Chilean wines were below par.

Also the winning cases from the previous years in the “Latin American Business Cases” category  are most interesting.

"Mabe: Learning to be a Multinational”, ITAM Mexico.
The case describes the dilemma of a Mexican appliance manufacturer, MABE.  Just before the financial crisis, MABE formed a joint venture with a Spanish company and entered the Russian market, but this was not successful.  The authors elaborate on the dilemma: should MABE leave the Russian JV and refocus on other emerging markets? Should MABE acquire a local manufacturer? Should things remain as is?

 “Veja: Sneakers With a Conscience”, the Richard Ivey School of Business, USA. The case describes the founding and growth of Veja, the first eco-sneaker company in the world with a focus on the development of sustainable business practices in organic cotton, wild natural rubber and traditional veggie-tanned leather.

 “Natura: Expanding Beyond Latin America”, INSEAD. Here the authors describe how Natura - as a highly regarded brand in the cosmetics industry in Brazil – could enter developed markets.  The case raises issues related to how Natura should expand and  allow to discuss the process of internationalisation and the building of an international/global brand.

You can also consult the full list of winners for all 14 categories on the EFMD website, and NOW submit cases for the 2015 EFMD Case Writing Competition.

Inclusive Business Models: Three Good Practice Cases in India and Ethiopia

imdCase2014winner logo“Inclusive Business Models” is about commercially viable models that include the poor on the demand side as customers, and on the supply side as employees or business owners at various points in the value chain.  This category in the EFMD annual Case Writing Competition  is sponsored by IMD and the 2014 winner is:
Gillette’s “Shave India Movement”: Razor Sharp against the Stubble”. Two cases written by: Christopher Dula, Srinivas Reddy, and Adina Wong, all three at Singapore Management University, SG

Case A begins in April 2010, where Sharat Verma, the brand manager for Gillette India, together with Harish Narayanan, the assistant brand manager in the Singapore regional business unit, influence an R&D effort to redesign the Gillette Mach3 razor for the Indian market. By focusing on frugal innovation, they succeed in removing non- essential features of the razor design in order to reduce costs, thereby aligning the value proposition and price-point to the target segment. In addition, they also help develop an unconventional marketing campaign, called the “Shave India Movement”, which catalyses the previously unresponsive yet more affluent urban market, and results in record breaking sales for the Mach3 razor in 2010.

SMU logoCase B begins in May 2010 with Sharat Verma wondering how he can extend the “Shave India Movement” from the urban elite down to consumers at the bottom of the affluence pyramid through a new product, the Gillette Guard — set to launch five months later in October. This new product is designed specifically for low-income consumers in India. With the price-point and distribution dilemma already solved vis-à-vis the successes of the Mach3 campaign discussed in Case A, he now needs to craft an activation strategy that will extend the Shave India Movement to all rungs of society.

Also the winning cases from the previous years in the “Inclusive Business Models” category may be of interest to you.

Child in Need Institute: Non-Profit or Hybrid?”, Indian Institute of Management Calcutta, India. The case features CINI, a reputable NGO with a mission of “sustainable development in education, protection, child health, adolescent and women in need”.  It focuses on the directors’ assignment to recommend whether the organisation should continue (after 37 years) as a NGO or should venture into social business.

 “Planting the seeds of change: The Ethiopia Commodity Exchange”, University of Geneva, Switzerland.
This case illustrates the challenging journey of Dr. Eleni Gabre-Madhin and her team to realize her dream of establishing a transparent and efficient commodity exchange in Ethiopia. The authors describe the integrative approach that provided market institutions to grade quality and set standard, to warehouse and issue warehouse receipts, relay market information to all the relevant actors, coordinate trading, as well as to ensure reliable payment, delivery, and contract enforcement.

You can also consult the full list of winners for all 14 categories that is on the EFMD website, and submit cases  for the next EFMD Case Writing Competition.

Top Cases on Indian Management Practices and Challenges

emerald logoKellogg 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.  The 2014 winner in this category is:

Mast Kalandar: Prioritizing Growth Opportunities”, written by Sunil Chopra and Sudhir Arni, Kellogg School of Management, US.

After a highly successful third round of funding in 2012, Gaurav Jain, founder of the Indian quick service restaurant chain Mast Kalandar, was looking to expand. In addition to opening new stores in other cities, Jain was also hoping to increase the profitability of his existing stores in Bangalore, Hyderabad, Chennai, and Pune. He needed to fully understand the financials of his current operations and identify the key drivers of success at the stores, at both the city and corporate levels. With this understanding, he would be able to evaluate how best to improve the performance of existing outlets and to choose an entry strategy for new cities.

Case2014winner logoStudents are asked to develop a financial model for outlets and use it to compare different growth strategies. The case provides students with an overview of the Indian food and beverage landscape, information about Mast Kalandar’s current customers and store operations as well as two spreadsheets, the Store Economics and Tradeoff Model workbooks, which they can manipulate to do their analysis.

Also the winning cases from the previous years in the “Indian” category may interest you.

Embrace”, Indian School of Business and Indiana University, both institutions in India. The 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.

 “It's not just a cup of 'Tea': Consumer Brand Relationship” , S.P. Jain Institute of Management and Research, India This 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.

Please do also consult the full list of winners for all 14 categories,it is on the EFMD website, as well as details for the  EFMD Case Writing Competition in general.

Top African Business Cases: Specific Challenges for Telecomms

ceibs logoKellogg logoThis category in the EFMD Case Writing Competition is sponsored by China European International Business School, CEIBS and the 2014 winner in this category is:

Mobile Telecommunications: Two Entrepreneurs Enter Africa”, written by Benjamin Jones and Daniel Campbell, both at Kellogg School of Management, US.

In the 1990s, two entrepreneurs made daring, early entries into mobile telecommunications in Sub-Saharan Africa, both seeing great market opportunities there. One firm, Adesemi, would ultimately go bankrupt. The other firm, Celtel, would ultimately succeed and make its founder, Mo Ibrahim, a star of the global business community. Why the difference in outcome? Emerging markets often present weak rule of law, bringing many challenges to business success—from the demand for bribes to regulatory obstacles, hold-up problems, and even civil war.

Case2014winner logoThis case explores strategies that can limit these critical non-market risks in foreign direct investment and entrepreneurship. Students will step into the shoes of both companies by exploring their entry strategies, wrestling with the challenges they faced, and diagnosing the reasons why a shared insight about a new business opportunity turned out to be prescient—and led to extremely different endpoints.

The case further considers political strategies, including board development and connections to international partner institutions, such as the World Bank, that can help private businesses succeed. The case can be used to discuss these topics individually or collectively. It can be used broadly in courses that consider international business strategy, global entrepreneurship, international economic development, political economy, Africa, or the global telecommunications sector.

Also the winners from the previous years in the “African Business Cases” category are interesting.

Research in Motion: Managing Channel Conflicts”, Lagos Business School, Nigeria. This case discusses Research in Motion, a Canadian manufacturer of smart phones, unable to penetrate the Nigerian mobile phone market to secure a larger market share than 2%. In crafting a new distribution strategy to grow the company’s market share in Nigeria.

 “Vodafone in Egypt: National Crises and their implications for multi-national corporations”, ESMT European School of Management and Technology, Germany. In January 2011, the government in Egypt ordered the three main voice and data communications providers in Egypt to suspend services in the  areas in Cairo with high concentration of protester and  to broadcast propaganda text messages to all their subscribers.

The case explores how the CEO of Vodafone Egypt was about to take a crucial decision that would have consequences not just for Vodafone Egypt, but also for the parent Vodafone Group

Please also consult the full list of winners for all 14 categories that is on the EFMD website, as well as details for the EFMD Case Writing Competition in general.

2015 EFMD Africa ConferenceYou may also be interested in the 2015 EFMD Africa Conference. This event will be held on 29 November – 1 December 2015 in Tanzania; hosted by Institute of Finance Management (IFM), Dar Es Salam, Tanzania with the support of IESEG School of Management.

Plenary sessions will focus on:
  • Building a New Business Model for Management Education in Africa – Global Partnerships
  • Management Education in the African Context
  • Alumni testimony: Graduates as Entrepreneurs and Innovators in Eastern Africa: How business schools are supporting African Leadership, Entrepreneurship and Economic Developments
  • E-learning solutions for Today’s African management programmes – The e-Learning Africa report
  • Winning programme positioning: GMAC tools for more effective student recruitment and admission strategy
  • International Schools in Africa – The Incentives?

Please do consult the event website for the full details.

Case Studies on Euro-Mediterranean Management Styles

Montpellier logoCase2014winner logoTheoretical and practical approaches of the Euro-Mediterranean style of management are at the core of this category in the EFMD Case Writing Competition, sponsored by Groupe Sup de Co Montpellier Business School

Rosa Vaño And Castillo De Canena” is the 2014 winner in the “Euro-Mediterranean Managerial Practices and Issues” category.  The case is written by Rosario Silva and Custodia Cabanas, both at IE Business School.

The case summarizes the evolution of the family business Castillo de Canena Olive Juice. This company started operations in 2003 when its founders decided to give up their professional careers in large multinational companies and launch a new company within the existing family business. The case, focused on the role that Rosa Vañó plays in this evolution, explains the process that was followed in order to set up the competitive strategy, the steps that were taken to carry it out and the development of her leadership style.
In the final part of the case, Rosa Vañó describes three options for the future: (1) gradual internal growth, (2) massive growth with the financial help of investors, and (3) to sell the company.

ie logoTo get a better idea of this case study, please watch the 4 minute intro video.

Also the winning cases from the previous years in the “Euro-Mediterranean” category are probably of interest to you.

HPS, a successful South/North Technology Transfer Model”, ESCA School of Management, Morocco. This case discusses HPS, a Moroccan company and provider of high tech electronic money solutions ranked among the 15 world providers of electronic payment systems.  The case provides a practical reading grid to better encompass the main corporate strategy concepts.

 “Experience-Wine.com: The Monte Lauro Vineyards Story", Bentley University, United States. This case describes an innovative business model offering wine and a French cultural experience to North Americans. The authors primarily focus on innovation management.

You may also be interested to consult the full list of winners for all 14 categories that is on the EFMD website, as well as details for the EFMD Case Writing Competition in general. 

Emerging Chinese Competitors: Strategies Investigated in Top Case Studies

renminManagerial dilemmas faced by emerging Chinese global competitors are at the core of this category in the EFMD Case Writing Competition, sponsored by Renmin University of China School of Business

 The 2014 winner in this category is;
Yancoal: The Saskatchewan Potash Question”, written by and George Peng, Paul J. Hill School of Business at University of Regina, CA and Paul Beamish, Richard Ivey School of Business, CA

Case2014winner logoPHillSOB logoThis case reflects a pattern of Chinese firms acquiring foreign assets in recent years, and shows the common challenges they confront. In 2011, a major coal producer in China — Yancoal — must make several decisions in terms of product and geographic diversification. One option is to retain its focus on the coal business. Here, it can acquire other coal assets in Australia to further increase its coal reserves. Another option is to acquire 19 potash-exploration permits in Saskatchewan, Canada. This represents an opportunity for both product diversification and further geographic diversification. Yancoal has to decide whether it should focus on the coal industry or pursue the potash opportunity as well.

richardiveyThe authors examine in detail the dimension (product versus geographic), path and pace of diversification. 

Also the winning cases from the previous years in the “Emerging Chinese Global Competitors” category may be of interest to you.

Lenovo: Challenger To Leader", IBS Hyderabad, India.
This case discusses the success story of Beijing-based multinational technology giant, Lenovo in China and its emergence as a global brand from China. The authors investigate the strategies Lenovo adopted in its home market, China such as aggressive pricing and its acquisition strategy in mature markets such as Germany and Japan.

 “7 Days Inn: Operations Strategy”, Sun Yat-sen University, China.
7 Days Inn is a leading hotel group in China with more than 1000 hotels in 168 major Chinese cities.  This case explores its innovative business model and operations strategy.  The authors also introduce the company’s shepherd management philosophy. 

You may also be interested to consult the full list of winners for all 14 categories that is on the EFMD website, as well as details for the EFMD Case Writing Competition in general.

The Best Cases on Supply Chain Management as Competitive Advantage

kedge logoCase2014winner logoWith the aim of encouraging the writing of case materials, EFMD has been organising its annual Case Writing Competition.The category “Supply Chain Management” is sponsored by Kedge Business School and the 2014 winning case is:

Vanderlande Industries: Parcel And Postal Predicaments”, written by Rene de Koster and Philip Lazar, Rotterdam School of Management, NL.

VanderLande Industries (VI) was a strong global player in the distribution, parcel and postal (DPP) automation market, providing fully automated systems for parcel and posting sorting centers. VI’s product line had always remained strictly customer-centric, with every product built from scratch according to the customer’s wishes, but with increasing market pressure from new market entrants offering faster and lower-cost standardized solutions, the firm was seriously considering altering its market-responsive, service-focused and integrated product offerings towards a more efficient, modular and standardized output.

rsmThis case describes the frameworks and knowledge related to the first set of large-scale, modular and standardized repeated projects that VI had offered. VI hoped to leverage its knowledge and experience accumulated from these projects and replicate the new approach in many future projects. However, VI’s infrastructure was not suitable for such a transition: the firm was entirely organized around customer-specific projects and employees were used to work for individual customers. Jan Hulsmann, managing director of VI’s DPP division, was struggling to find a way to re-organize the division so that it could be both cost efficient and customer attentive.

This case develops and highlights the considerations involved in choosing an appropriate strategy for product offerings. The case describes the difficulties in overcoming the trade-offs between service and efficiency, integration and modularity, and efficient and market responsive supply chains, when designing or altering a product strategy. It delves into both the benefits as well as the downsides involved with different product strategy approaches, and attempts to make students think about what product strategy is most appropriate for what business and market context.

Also the finalist cases from last year may be of interest to you:

Cisco Systems: Supply Chain Risk Management”, IE Business School, Spain.
The case describes that when the tsunami on the Japanese coast occurred in March 2011, it affected the scope of Cisco’s extensive network of suppliers and facilities all over the world and activated a global complex mechanism with the main purpose of diminishing the tsunami’s effects on its supply chain. This case illustrates the peculiarities of Cisco’s supply chain and their internal and external vulnerabilities.

 “The Loewe Group: A New Industrial Model and Commitment to Lean Management?”, ISEM, Spain.
The cases deal with Loewe, a luxury leather goods manufacturer from Spain, that was acquired by the world´s leading luxury goods group, LVMH. The authors illustrate that operations management can be a very powerful source of competitive advantage and that manufacturing excellence can coexist with artisan traditions and values.

Recipes for Success - Innovating Production and Inventory Management of Pepper Oleoresin at Synthite”, Indian School of Business, India.
This case focuses on production and inventory management at Synthite, an oleoresin manufacturer in Kerala, India. The company faced several challenges in inventory management, production planning, and in meeting customer expectations on order lead times.

You are kindly invited to also consult the full list of winners for all 14 categories that is on the EFMD website, as well as details for the EFMD Case Writing Competition in general.
 

Top Cases on Reviewing Financial Policy at Infineon Technologies, Tumi and Apple

toulouse logoCase2014winner logoThis category in the EFMD Case Writing Competition, sponsored by Toulouse Business School – Groupe ESC Toulouse. 

Infineon Technologies: Time to Cash in Your Chips?” is the 2014 winner in the “Finance and Banking” category. It is written by Denis Gromb and Joel Peress, both at INSEAD, FR.

Set in late 2011, the case considers the cash holding and pay-out policy of Infineon (IFX), the large German semiconductor firm. Having just emerged from a period of distress and,restructuring, Infineon is sitting on a very large net cash position of €2.4bn, representing 40% of,its €5.9bn assets and €6bn in market capitalization. Much of this liquidity comes from a recent,surge in profits and the sale of the wireless communication unit. Infineon’s management has engaged in a review of its financial policy and has received conflicting advice from various quarters as to whether the company should part with some of its cash, how much, and through which payout method(s).

inseadThe first issue is whether Infineon benefits from holding onto substantial cash reserves. The characteristics of Infineon’s business post-restructuring are described: highly cyclical, capitalintensive, risky, intangible asset-based, etc. Hoarding cash offers a coarse but effective way to ensure continued investment through the cycle.

The second issue is which method for distributing cash Infineon should employ, assuming it does intend to disburse at least some of it. This is an opportunity to review leading methods for paying cash dividends and repurchasing shares, and how they relate to different rationales for paying out cash in the first place: adjusting the capital structure, exploiting mispricing, signalling, serving investor clienteles, etc.

Also the winning cases from the previous years in the “Finance and Banking” category may be of interest to you:
 
Tumi and the Doughty Hanson Value Enhancement Group”, IMD, Switzerland
The authors investigate some of the hottest issues in the private equity industry, in particular active ownership strategies; the current difficulties in managing exits, also known as the “portfolio constipation”; the progressive incorporation of corporate social responsibility agendas in the value creation plan of buyouts; and the relationship between private equity investors and the senior management of the company.

"Apple – Time to ‘Think Different™’ about cash?", Vlerick Business School, BE
This case explores Apple’s tax payments and investigates the company’s capital structure, cash position and dividend policy. All these elements have a significant impact on Apple’s value and on methods appropriate to gauge Apple’s valuation level.

Please do also consult the full list of winners for all 14 categories, it is on the EFMD website as well as details for the EFMD Case Writing Competition in general.

Critical Family Business Issues: Top Cases on Talent, Ownership, Growth and Communications

Case2014winner logoInter-disciplinary coverage of family business entrepreneurship related issues is at the core of the “Family Business” category of the EFMD Case Writing Competition. The 2014 winner in this category is:

J.M. Huber: A Family of Solutions”, written by Benoît Leleux, and Anne-Catrin Glemser, both at IMD, CH.

imdThe J.M. Huber case, based on extensive personal interviews with senior executives and family members of the J.M. Huber family business, one of the largest and oldest American family businesses, investigates the unique culture and governance structures and processes of the firm, its roots and the multiple forms of expression that enables it to survive and thrive over six generations and about as many fundamental strategic shifts (pivots) and repositionings. The following questions are explicitly addressed:

  • Can a family business culture be a “weapon to attract talent,” as stated by the CEO?;
  • What factors should be included and how should they be weighted in the recruitment of the next CEO? What kind of CEO profile should they target?;
  • How much should the family business continue to open up its communication, both internally (for family shareholders and family members) and externally (for broader stakeholder groups)?;
  • How does the Huber family instil a sense of purpose and a shared vision among its owners? In particular, how much are the various factors – the family principles and values, the Huber business principles and the Mike Huber Award – contributing?;
  • Where does the firm find the infamous “family glue” and how does it try to strengthen these bonds?;
  • What are the advantages and disadvantages of inclusion, i.e. incorporating as many family members, including in-laws? Why are many family firms reluctant to adopt/resist an inclusive environment? What structures and processes has Huber adopted to facilitate inclusiveness?

Also the finalist cases from last year in the “Family Business” category may be of interest to you:

"Trusted Family: For Families, by Families, forever… "by IMD Switzerland
This video-case is an innovative and entertaining basis to discuss a number of critical family business issues, such as governance and the communication needs of large multi-generational family firms, entrepreneurship by next generation members, the brand value of family names, etc.

"The Future of AFG: How Family Attachment Influenced Growth", Rotterdam School of Management, Erasmus University, NL.The case deals with a dilemma the Italian family firm AFG faced after making a significant investment to grow its business and the strategic decisions to be taken by the CEO.

Hermès, INSEAD, FR. This case follows the evolution of two distinct types of family-owned luxury houses. Hermès represents traditional excellence – with its low-key style, highest quality workmanship, and dependable designs. LVMH is a luxury conglomerate that grows by acquisition of designer labels. The authors explore the ownership battle between them.

You are most welcome to consult the full list of winners for all 14 categories is on the EFMD website, as well as details for the  EFMD Case Writing Competition in general.

Entrepreneurship: The Winning Cases from the EFMD Case Writing Competition

emlyonThe “Entrepreneurship” category of the EFMD Case Writing Competition is sponsored by EM Lyon and the 2014 winner in this category is: 

Jungle Beer: An Entrepreneur's Journey”, written by Christopher Dula and Kapil Tuli, both from Singapore Management University, SG.

This case follows Aditya Challa, a craft beer aficionado whose passion for good beer led him on an international quest to study the art of brewing in Scotland and eventually to Singapore, where he started a microbrewery business with his friends in 2011. By October 2012, sales of his craft beer have been increasing 20% per SMU logomonth, bringing up his production to about one third operating capacity.

However, future growth remains uncertain — with specific challenges in distribution and branding. Craft beer is still a relatively unknown concept in the city-state, and consumers remain sceptical of premium priced local beer. Moreover, big breweries in the Singapore market have already locked down most retailers with exclusive draft contracts. Challa has to review his business model and growth strategy in terms of how and where he can sell his beer while continuing to build the Jungle Beer brand.

Also the below winning cases from the previous years in the “Entrepreneurship” category may be of interest to you:

WooRank: Creating & Capturing Value in a European Web Start-Up, Solvay Brussels School of Economics & Management, BE. The cases examine a Belgian web start-up (WooRank) that develops and markets online tools for Search Engine Optimization (SEO) through to a Software as a Service (SaaS) model. The two case studies highlight the strategic and sales challenges.

Case2014winner logoLaastari: Building a Retail Health Clinic Chain, INSEAD, France. This case study presents an example of business model innovation in the context of primary care delivery. It documents the story of Laastari, a new IT-driven retail health clinic chain based in Finland, including the process that links conceptual strategy to implementation and practice, as well as the evolving stakeholder ecosystem of the company. 

You can consult the impressive list of winners for all 14 categories on the EFMD website, as well as details for the EFMD Case Writing Competition in general. With the aim of encouraging the writing of case materials, EFMD has been organising this annually for decades and this year saw a record number of 258 high quality entries.

Corporate Social Responsibility: Winning Cases on WWF, Hewlett-Packard, Accenture and Novo Nordisk

kedge logoCase2014winner logoWith the aim of encouraging the writing of case materials, EFMD has been organising its annual Case Writing Competition for over 40 years.  The category “Corporate Social Responsibility” looks for innovative ways companies are managing the demands for socially and environmentally responsible business practice.  This category is sponsored by Kedge Business School and the 2014 winner is:

WWF's Living Planet @ Work: Championed by HP”, written by Oana Branzei, Richard Ivey School of Business and Haiying Lin, University of Waterloo.

Leading up to the completion of a successful partnership between Hewlett-Packard Canada and World Wildlife Fund Canada, the two individuals who championed the program contemplate their separate and joint next steps: should their organizations renew or exit the partnership?

R IveySoB logoTogether, they had designed and delivered a world-first program, Living Planet @ Work, which had enrolled more than 500 companies, large and small, whose employees had already raised more than $1 million in charitable donations through workplace giving. The program was helping corporate Canada harness the collective desire and power of their employees for the good of business and the future of the planet. The two champions had a short window to go global and scale up the positive impact of the program.

Also the winning cases from the previous years in the “Corporate Social Responsibility” category may be of interest to you:

UWaterloo logoIn 2013, it was Accenture Development Partnership, by INSEAD France. Accenture Development Partnerships is a “not-for-loss” business unit established inside Accenture in 2003 to serve NGO and development sector clients.

The case provides an example of the effective development of a sponsorship network for securing buy-in for a new venture and illustrates the challenges of deciding how far a new venture should be separated from or integrated with the main business of the firm.

In 2012, it was Novo Nordisk: Managing Sustainability at Home and Abroad, by EM Lyon Business School in France.

This case was written to help students develop skills in analyzing the potential strategic purposes of sustainability when applied to a global business context. The case focuses both on internal organization issues in a multinational organization, as well as on how to develop a sustainability strategy in a highly competitive business context in China.

You can consult the full list of winners for all 14 categories is on the EFMD website, as well as details for the  EFMD Case Writing Competition in general.

43 New EFMD Members Ratified

AGM newmembersEFMD wants to warmly welcome the new members ratified at the EFMD General Assembly Meeting on 8 June, 2015. The new institutions are:
  • AFI - L'Université de l'Entreprise, Senegal
  • Amcor Flexibles, Switzerland
  • Amsterdam University of Applied Sciences, International Business School,
  • The Netherlands
  • Australian Catholic University, Faculty of Law and Business, Australia
  • Azerbaijan State University of Economics, MBA Department, Azerbaijan
  • BEM Management School, BEM Dakar, Senegal
  • BML Munjal University, School of Management, India
  • Bogazici University, Department of Management, Turkey
  • CISCO Systems, Belgium
  • Dalian University of Technology, Faculty of Management and Economics, China
  • Foundation San Pablo Andalucia CEU, Postgraduate Institute and Executive Education Department, Spain
  • Helsinki Metropolia University of Applied Sciences, Metropolia Business School, Finland
  • IAE de Grenoble, Université Pierre Mendès France, France
  • ICD International Business School, France
  • Indian Institute of Management Calcutta (IIMC), India
  • Istanbul Medipol University, School of Health Sciences, Turkey
  • Lehigh University, College of Business and Economics, United States of America
  • Liverpool Hope University, Liverpool Hope Business School, Faculty of Arts and Humanities, United Kingdom
  • Mälardalen University, School of Business, Society and Engineering, Sweden
  • National Sun Yat-sen University, College of Management, Chinese Taipei
  • National Taiwan University of Science and Technology, School of Management, Chinese Taipei
  • Neumann Business School, Peru
  • OCP S.A., Morocco
  • Ryerson University, Ted Rogers School of Management, Canada
  • Saint Paul Escola de Negócios, Faculdade Saint Paul, Brazil
  • SDM Institute for Management Development (SDMIMD), Business School, India
  • Shanghai International Studies University, School of Business and Management, China
  • Sultan Qaboos University, College of Economics and Political Science, Sultanate of Oman
  • The Australian National University, ANU College of Business and Economics, Australia
  • The University of the West Indies, Arthur Lok Jack Graduate School of Business, Trinidad and Tobago
  • Turar Ryskulov New Economic University, Republic of Kazakhstan
  • Umm Al-Qura University, Faculty of Business Administration, Saudi Arabia
  • Universidad de Lima, School of Business, Peru
  • Universidade Positivo, Brazil
  • Universidad Panamericana, Campus Guadalajara, College of Economics and Business Administration, Mexico
  • University of Economics in Katowice, Poland
  • University of Stavanger, UoS Business School, Norway
  • University of Sussex, School of Business, Management and Economics, United Kingdom
  • University of Tasmania, Tasmanian School of Business and Economics, Australia
  • University of the Fraser Valley, School of Business, Canada
  • Zeppelin University, ZU Professional School, Germany

Please feel free to consult the EFMD List of Members, for your ease it is organised by country and has direct links to all institutions.

EFMD membership offers the unique opportunity to become part of the leading international network in the field of management development. The wide spread portfolio of networking opportunities allows for an enriching interaction among peers to discuss, share and benchmark their experiences.

It provides unlimited access to a global network of management education providers, companies, public sector organisations and consultancies. You may want to know more about the access to information, to services, and to quality improvement tools.

Key EFMD & EFMD GN Events in the Second Half of 2015

EFMD NewLogo2013 LR coloursBefore the summer, we would like to update you on the key EFMD events planned for the second half of 2015. 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.

September

15 September 2015 is the date for the next EFMD Future Series Webinar. Focus theme is “Innovative Technology-Based Ways to Run Engagement Survey”. This web-based event will run from 12:30 till 14:00 (GMT+02:00).

The EPAS XXL Accreditation Seminar  will take place on 17-18 September, at the EFMD premises in Brussels, Belgium.

17-18 September are also the dates for the next EQUIS XXL Accreditation Seminar. Hosted by Solvay Brussels School of Economics and Management, ULB - Université Libre de Bruxelles,Belgium.

The 2015 EFMD Conference on Undergraduate Programmes will be held on 30 September - 2 October in Prato, Italy, hosted by Monash Business School. “3E Learning – Engagement, Experience, Employability” is this year's theme.

October

October is one of the busy months, with the 2015 EFMD Executive Development Conference taking place on 14-16 October. Host institution is Barcelona School of Management in Spain where participants will explore “Learn to Transform in Unpredictable Times.”

EQUIS and EPAS Accreditation Seminars will also be held in Prague, Czech Republic. The next one is held on 15-16 October 2015 at the University of Economics, Faculty of International Relations, Prague.

Quebec City in Canada is the location of the 2015 EFMD GN Americas Annual Conference. It is Université Laval that will host this event on 19-21 October 2015.

The next Future Series Webinar focuses on “Engaging the Future Workforce - is GEN Y Different?”.  This webased event will take place on 20 October 2015.

Finally, October will feature the Sharing Best Practice CLIP Workshop on 29-30 October 2015. Hosted by London Business School in London, UK, under the theme: “The 100-Year-Life: a Chance to Diffuse the Demographic Time Bomb in your Business.”

EFMD GN2013 PANTONE HRNovember

November has an extra global flavour with Miami, United States as the location for EQUIS and EPAS Accreditation Seminars. Manchester Business School – Americas Centre, Miami will be the host for the seminars on 12-13 November 2015.

The 2015 EFMD Career Services Conference will take place on 18-19 November 2015. “Connecting for Success” will be the theme of this event hosted by University of Groningen in Groningen, the Netherlands.

In Phuket, Thailand, the first EFMD GN Asia Annual Conference will take place on 20-21 November 2015. Host institution is Sasin Graduate Institute of Business Administration of Chulalongkorn University.

The 2015 EFMD Africa Conference will take place from 29 November till 1 December 2015. Taking place in Dar Es Salam, Tanzania, this event is hosted by Institute of Finance Management (IFM), Dar Es Salam, Tanzania, with the support of IESEG School of Management.

December

December will host the 2015 EFMD Conference on Master Programmes. On 9-11 December 2015, Católica Lisbon School of Business & Economics will host the event in Lisbon, Portugal.

Please also note that preparations are well underway for the:

All the latest updates on the events are available on the EFMD website.

EFMD Awards EQUIS Accreditation to Glasgow University Adam Smith BS

EQUIS Accreditaed 02

We are delighted to announce that the EQUIS Accreditation has recently been awarded to Adam Smith Business School within the University of Glasgow. Congratulations!

This takes the number of accredited schools to 156 across 40 countries.

“The Adam Smith Business School, indeed the University of Glasgow, are extremely pleased and excited with the EQUIS accreditation award. As a consequence of undertaking the accreditation process, the School has learned much and has much to build on. We look forward with greater confidence in our efforts to enhancing further the standing and performance of the School, and to engaging fully with EFMD and the EQUIS team.”
Prof. Jim Love, Head, Adam Smith Business School, University of Glasgow, UK

The following schools were reaccredited by EQUIS:
Please read below what the Deans of the reaccredited Schools say about the achievement.

"The review highlighted a number of areas of strength across the UNSW Business School, including our impressive reputation in the national market, strong corporate connections, the quality of our students and academic staff, the impressive careers of our graduates, our outstanding teaching performance, and the strong research ethos that permeates throughout what we do. There are over 10,000 business schools in the world, but only 156 have received EQUIS accreditation and not all are granted the full five-year accreditation, which places the School in an exclusive group of the world's leading business schools."
Prof. Chris Styles, Dean, University of New South Wales Business School, Australia
 
"This third renewal of our EQUIS accreditation is proof of our constant efforts and the way the School devotes all its resources to reaching and even surpassing the highest quality standards. HEC Montréal has been among the world’s top business schools for over 15 years now, and we are very proud of that achievement."
Mr. Michel Patry, Director, HEC Montréal, Canada

"Universidad de los Andes School of Management is delighted to receive news about its EQUIS re-accreditation. Since 2003, year in which the School was accredited by EQUIS for the first time, this process has been fundamental for the development of our School in different dimensions such as strengthening our faculty and research, gaining international positioning and enhancing the relations with different types of organisations. Being part of a select group of Schools characterised for their high quality standards and impact on society has helped us create a continuous improvement environment which allows us to offer high quality education in Colombia. This achievement is a joint effort of faculty, students, staff and other stakeholders who are deeply committed to this endeavour."
Dr. Eric Rodríguez, Dean, School of Management, Universidad de los Andes, Colombia

"We are delighted to have been reaccredited by EQUIS. The stringent process of the EFMD and the international experts who carry out the accreditation really help us to gage how our programmes and initiatives measure up against other leading global business schools. Their final conclusions and recommendations help us to focus our constant innovation and investment on key areas of the institution where most impact can be made."
Mr. Enrique Bolaños, President, INCAE Business School, Costa Rica

"We are very happy to have received re-accreditation for five new years. This is very important for BI Norwegian Business schools pursuit to reach our international ambitions. I will also like to thank the peer review committee for a good process and both insightful an constructive comment to improve the school even further."
Dr. Inge Jan Henjesand, Rector, BI Norwegian Business School, Norway

"We are proud to be among the only six institutions within the German-speaking countries to receive the EQUIS accreditation for five years. After our accreditations in 2009 and 2012, this shows evidence of our continuous quality improvement and institutional development. Again we attained insightful feedback through the peer-review process that is much appreciated. We are confident that this 5-year accreditation will enable us to follow our strategic priorities and continue to evolve both our strengths and opportunities."
Prof. Harald Gall, Faculty of Business, Economics and Informatics, University of Zurich, Switzerland

"We are extremely pleased to have been awarded the highly sought-after 5 year EQUIS accreditation status by EFMD. This award reflects the University of Bath School of Management’s consistent approach to recruiting high calibre students, providing high quality programmes and delivering world class, impactful research. As Dean, I am delighted that the hard work of my colleagues across the School has been recognised in this way and I look forward to continuing our journey as a leading international School of Management."
Prof. Veronica Hope Hailey, Dean, School of Management, University of Bath, UK

"EQUIS accreditation is one of the most important benchmarks available to business schools to ensure excellence in teaching, student experience, research and outreach. I am very pleased that our substantial effort to continually improve in all aspects of what we do has been well recognised."
Prof. Jon Reast, Dean, Bradford University School of Management, UK

Prof. Michael Osbaldeston, the EFMD Director of Quality Services & EQUIS Director added: "We are delighted to welcome Adam Smith Business School, University of Glasgow, into the community of EQUIS accredited schools. EQUIS accreditation ensures a rigorous quality improvement process, involving a thorough self-assessment, a visit of an international peer review team, and finally a very experienced Awarding Body evaluating the assessment and findings of the review team to determine whether the School should be granted accreditation. EQUIS benchmarks the School against international standards in terms of governance, programmes, faculty, students, research, and foremost, corporate engagement, internationalisation and ethics, responsibility and sustainability. There are currently no substitutes for such an in-depth assessment of quality and all the 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
  • Becoming 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

Eight Programmes Successfully Reaccredited by EPAS

We are happy to announce that the EPAS Accreditation Board has recently reaccredited eight programmes from six institutions:

The following programmes have been reaccredited by EPAS:

"The process of the EPAS accreditation has helped sharpen our focus on the strategic priorities. A mission and strategy are often easy to formulate but more difficult to implement.  By focusing on the processes in the EPAS framework we know what variables we can work on over the coming years in our journey of educational excellence."
Prof. dr. Rudy Martens, Dean, Faculty of Applied Economics, University of Antwerp, Belgium

"EPAS re-accreditation of programme set Financial Management and Marketing Management comes as a validation of our efforts to provide our students with the educational experience of the highest quality, in accordance with the most demanding international standards. It further motivates us on our path of reaching excellence in all our processes. We are deeply convinced that our affiliation to the family of EFMD accredited institutions has inestimable contribution in the processes of attaining our mission to become a prestigious higher education institution in the area of economic and business sciences in South East Europe region by 2025."
Dr. Jasmina Selimović, Vice Dean for Academic Affairs and Research, School of Economics and Business, University of Sarajevo, Bosnia-Herzegovina

"We are delighted that our Degree Programme in International Business has been awarded with EPAS reaccreditation. We would like to thank the peer review team for their contribution to enhancing our quality. I would also like to thank our faculty and staff members for their commitment and enthusiasm during this rewarding learning process."
Dr. Asta Wahlgrén, Director, School of Business, JAMK University of Applied Sciences, Finland

"The accreditation is a result of a joint effort of the management, the faculty, the students, the corporate partners and the alumni. It was not only a benchmarking but a team building project as well."
Dr. Maria Dunavölgyi, EMBA, Corvinus University of Budapest, Hungary


"The Kemmy Business School at UL is delighted to achieve 5 year accreditation for our flagship undergraduate programme. Ever since our first EPAS accreditation in 2009, we have found the EPAS accreditation to be extremely valuable for the School."
Dr. Philip O'Regan, Executive Dean, Kemmy Business School, University of Limerick, Ireland

"Wielkopolska Business School is very pleased and proud to receive EPAS accreditation for Executive Master of Business Administration. This accreditation confirms the highest quality of education and professionalism of our team. In addition, EPAS accreditation process was very beneficial experience and unique opportunity to rethink what we are doing and what we can improve and develop. I want to thank Peer Review Team and Accreditation Board for feedback and high valuable process."
Mr. Grzegorz Giza, Director, Wielkopolska Business School, Poznan University of Economics, Poland

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 extent to which the programme promotes the principles of responsible management
  8. The depth and rigour of the assessment processes (relative to the degree level of the programme)
  9. The quality of the student body and of the programme’s graduates
  10. The institution’s resources allocated to support the programme
  11. The appropriateness of the faculty that deliver the programme
  12. The quality of the alumni and their career progression
  13. The existence of robust quality assurance process
Prof. David Asch, Associate Director, Quality Services & EPAS Director added: "I would like to warmly congratulate the six Institutions that have successfully gone through the EPAS reaccreditation process. Their achievement illustrates these Institutions’ commitment to the continuous  improvement of the quality of their programmes. The highly demanding EPAS standards ensure that accredited programmes are designed and delivered so that they are both academically rigorous and have practical relevance for students in today’s global environment."

EPAS was launched in 2005 and in 10 years has had a considerable impact on the quality of business schools programmes all over the world. As of June 2015, 94 accredited programmes from 69 institutions across 31 countries that have been awarded EPAS accreditation.

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

EFMD is Delighted to Announce the Winners of the 2014 EFMD Case Writing Competition

CaseWriting-Award ecch

Winners include IBS Hyderabad, IE Business School, IMD, Indian School of Business, INSEAD, Kellogg School of Management , L.N. Welingkar Institute of Management Development, Middlesex University Dubai, Richard Ivey School of Business, Rotterdam School of Management, Singapore Management University, University of Regina, University of Waterloo.

EFMD is delighted to announce the winners of the first phase of the 2014 EFMD Case Writing Competition. The quality of the case entries was again 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 later in the year.

Corporate Social Responsibility: “WWF's Living Planet @ Work: Championed by HP”, written by Oana Branzei, Richard Ivey School of Business and Haiying Lin, University of Waterloo. This category is sponsored by Kedge Business School.

Entrepreneurship: “Jungle Beer: An Entrepreneur's Journey”, written by Christopher Dula and Kapil Tuli, both at Singapore Management University, SG.  This category is sponsored by EM Lyon.

Family Business: “J.M. Huber: A Family of Solutions”, written by Benoît Leleux, and Anne-Catrin Glemser, both at IMD, CH.

Finance and Banking: “Infineon Technologies: Time to Cash in Your Chips?” written by Denis Gromb and Joel Peressn, both at INSEAD, FR. This category is sponsored by Toulouse Business School – Groupe ESC Toulouse.

Supply Chain Management: “Vanderlande Industries: Parcel And Postal Predicaments”, written by Rene de Koster and Philip Lazar, Rotterdam School of Management, NL. This category is sponsored by Kedge Business School.

Emerging Global Chinese Competitors: “Yancoal: The Saskatchewan Potash Question”, written by George Peng, Paul J. Hill School of Business at University of Regina, CA and Paul Beamish, Richard Ivey School of Business, CA.

Euro-Mediterranean Managerial Practices and Issues: “Rosa Vaño And Castillo De Canena”, written by Rosario Silva and Custodia Cabanas, both at IE Business School, ES. This category is sponsored by Groupe Sup de Co Montpellier Business School.

African Business Cases: “Mobile Telecommunications: Two Entrepreneurs Enter Africa”, written by Benjamin Jones and Daniel Campbell, both at Kellogg School of Management, US. This category is sponsored by China Europe International Business School (CEIBS).

Indian Management Issues and Opportunities: “Mast Kalandar: Prioritizing Growth Opportunities”, written by Sunil Chopra and Sudhir Arni, Kellogg School of Management, US.

Responsible Leadership: “SEWA (A): Ela Bhatt”, written by Sonia Mehrotra, L.N. Welingkar Institute of Management Development and Research, IN and Oana Branzei, Richard Ivey School of Business, CA. This category is sponsored by University of San Diego - School of Business Administration.

Inclusive Business Models: “Gillette's "Shave India Movement": Razor Sharp against the Stubble?”, written by Christopher Dula, Srinivas Reddy and Adina Wong, all at Singapore Management University, SG. This category is sponsored by IMD.

Latin American Business Cases: “Chile's Concha y Toro: A Silver Bullet for the Global Market”, written by V. Namratha Prasad and Muralidhara G V, both at IBS HYDERABAD, IN.  This category is sponsored by Universidad Externado de Colombia.

MENA Business Cases: “The Booming GCC Retail Sector: Prospects for Online Fashion Retailers”, written by Muneeza Shoaib and Hameedah Sayani, both at Middlesex University Dubai, UAE.  This category is sponsored by HEC Paris in Qatar.

Bringing Technology to Market: “Moser Baer And OM&T -- Choosing A Strategic Partnership Mode”, written by Kannan Srikanth, Sonia Mehrotra, Priyank Arora and Geetika Shah, all at Indian School of Business, IN. 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.

Quality Services Events in the Second Half of 2015

Would you like to learn more about the EFMD Quality Services offer? Do you manage the accreditation process and wish to gain a thorough understanding of the process, standards & criteria? The EFMD Quality Services have different types of seminars that will address your needs, wherever you might be in your accreditation journey.

EQUIS logo13 LRWe are happy to publish the upcoming accreditation events in the second half of 2015.

Learn more about EQUIS, EPAS and EDAF by attending one of the different types of information events:

-    Information sessions: Get a glimpse of the process! These events are targeted at Business Schools with little knowledge of EFMD accreditations and quality services (2-3 hours sessions)

-    Introductory seminars: Already know a little but still undecided? These seminars are targeted at Business Schools that consider EFMD accreditation or mentoring, but have not decided yet if or when to start the process (typically, a half-day seminar)
EPAS logo13 LR
-    Standard accreditation seminars: Decided to embark on the accreditation journey? These seminars are targeted at Schools that have already decided to pursue either EQUIS or EPAS, are considering applying for EQUIS or EPAS accreditation, or are holding active eligibility and wish to get a better understanding about the system. They allow for an in-depth preparation of the application phase (typically, a 1,5-day seminar)

-    XXL accreditation seminars: Brilliant! Already in! We will guide you through the process. These seminars are targeted at EQUIS and EPAS eligible and accredited Schools. The seminars provide in-depth guidance on how to complete the different steps of the EQUIS or EPAS accreditation process successfully:  how to compile a Self-Assessment Report, how to organise an effective Peer Review Visit and how to manage the post-accreditation phase including the write-up of progress reports (typically, a 2-day seminar)

EDAF logo15 LRStill uncertain about which of the above events is most suitable for you and your School? Please contact the Quality Services Office via This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it..">This email address is being protected from spambots. You need JavaScript enabled to view it.. We are always happy to assist you!

The QS department plans the following events in the coming months:

XXL accreditation seminars
-    EPAS XXL Accreditation Seminar in Brussels on 17-18 September 2015 – EFMD Office
-    EQUIS XXL Accreditation Seminar in Brussels on 17-18 September 2015 – hosted by Solvay Brussels School of Economics and Management

Standard accreditation seminars
-    EQUIS and EPAS Accreditation Seminars in Prague on 15-16 October 2015 – hosted by University of Economics, Prague – Faculty of International Relations

Introductory seminars
-    On EQUIS, EPAS and EDAF in Phuket, Thailand on 22 November 2015 (after the EFMD GN Asia Annual Conference)
-    On EPAS and EDAF in Dar es Salaam, Tanzania on 1 December 2015 (after the EFMD Africa Conference)

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