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

Case2013winner 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 2013 winner in this category  is:

"Trusted Family: For Families, by Families, forever…". 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 video case is written by Benoît Leleux, IMD Switzerland.

imdTrusted Family is a company that developed a communications platform enabling families and family businesses to engage, interact and collaborate more effectively. It was founded by Edouard Janssen, sixth-generation member of the Solvay family and Edouard Thijssen, fifth-generation of the family owning the Aliaxis group. The case describes the genesis of their idea in 2006 (the founders were 28 and 21 years old respectively at the time), its progressive maturation, the development steps taken, the decision to hire an external CEO and the issues currently faced. Full details are available from the Case Centre.

With the aim of encouraging the writing of case materials, EFMD has been organising its annual Case Writing Competition for many years and this year saw a record number of 258 high quality entries. In the category “Family Business” two other cases were highly commended:

rotterdamsom logo"The Future of AFG: How Family Attachment Influenced Growth", written by Willem Hulsink, Francesco Polano, and Eric Eckelmann, Rotterdam School of Management, Erasmus University, the Netherlands. 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. This case serves two main teaching objectives: Firstly, to make students understand the characteristics of a family firm – the “mission” of the entrepreneur is often to provide a secure future for his family; and secondly to make students examine the dilemma common to many entrepreneurs – how should one deal with setbacks when building or growing a company? Often there is more than one option to choose from, but none seems to be a perfect solution.

insead"Hermès", written by Morten Bennedsen, Robert J.  Crawford and Rolf Hoefer, INSEAD. This also highly commended 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 how the ownership battle between them is as much a clash of business models as of competition between product lines. The central theme is options for ownership design

Full details of both cases are available from the Case Centre. You are most welcome to consult the full list of winners for all 15 categories is on the EFMD website, as well as details for the  EFMD Case Writing Competition in general.

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

CaseWriting-Award ecch

Winners include ESADE Business School, ESCA School of Management, IBS Hyberabad, IE Business School, IMD, Indian Institute of Management Calcuta, Indiana University, Indian School of Business, INSEAD, ITAM Mexico, Lagos Business School, SDA Bocconi, Solvay Brussels School of Economics and Management.

EFMD is delighted to announce the winners of the first phase of the 2013 EFMD Case Writing Competition. This year was a record with 258 case entries from 30 countries. The quality was exceptionally high so we thank all of you who took part. The "Best of the Best" category is now being evaluated by The Case Centre  and the results of the overall winner of the competition will be announced at the end of April.

Corporate Social Responsibility: “Accenture Development Partnership” written by Michelle Rogan and Christiane Bode, both at INSEAD, FR. This category is sponsored by Kedge Business School.

Entrepreneurship: “WooRank: Creating & Capturing Value in a European Web Start-Up” written by Robin Demaria, Olivier Witmeur and Paul Verdin, all colleagues from Solvay Brussels School of Economics & Management, BE. This category is sponsored by EM Lyon.

Family Business: “Trusted Family: By Families, For Families, Forever…" (video case) written by Benoît Leleux, IMD, CH.

Finance and Banking: “Tumi and the Doughty Hanson Value Enhancement Group (VEG)" written by Benoit Leleux, Michel Galeazzi and Esmeralda Megally, all from IMD, Switzerland. This category is sponsored by Toulouse Business School-Groupe ESC Toulouse.

Supply Chain Management:CISCO Systems Inc.: Supply Chain Risk Management”  written by Maria Jesus Saenz, MIT-Zaragoza International Logistics Program (ZLC), ES and Elena Revilla, IE Business School, ES. This category is sponsored by Kedge Business School.

Emerging Global Chinese Competitors: “LENOVO Challenger to Leader”, written by: Hadiya Faheem, Freelance Case Writer, India and Muralidhara G.V., IBS HYDERABAD, India. This category is sponsored by Renmin University of China School of Business.

Euro-Mediterranean Managerial Practices and Issues:HPS, a successful South/North Technology Transfer Model”, written by Belhcen Lhacen and Abbitan Yoni, both at ESCA School of Management, MA. This category is sponsored by Groupe Sup de Co Montpellier Business School.

Public Sector Innovations: “Finding Community Solutions from Common Ground: A New Business Model to end America’s homelessness”, written by Howard Yu, IMD, CH

African Business Cases: Research in Motion: Managing Channel Conflicts”, written by Uchenna Uzo, Lagos Business School, NG. This category is sponsored by China Europe International Business School (CEIBS).

Indian Management Issues and Opportunities:Embrace”, written by: Mridula Anand and Anand Nandkumar, both Indian School of Business, IN and Charles Dhanaraj, Indiana University, IN. This category is sponsored by Emerald Group Publising Ltd.

Responsible Leadership:SMS for Life Case Series”, written by Donald A. Marchand, Anna Moncef and Patricia Santos, all IMD, CH. This category is sponsored by University of San Diego-School of Business Administration.

Inclusive Business Models:Child in Need Institute: Non-Profit or Hybrid?”, written by Anjan Ghosh, Sougata Ray and Indranil Biswas, all three at Indian Institute of Management Calcutta, IN. This category is sponsored by IMD.

Latin American Business Cases:Mabe: Learning to be a Multinational”, written by José Luis Rivas, ITAM-Santa Teresa Campus, MX andLuis Arciniega, ITAM - Rio Hondo Campus, MX. This category is sponsored by Universidad Externado de Colombia.

MENA Business Cases:  “Roca in Egypt”, written by Josep Franch and Marianna Sablina Kondratieva, both at ESADE Business School, ES. This category is sponsored by HEC Paris in Qatar.

Bringing Technology to the Market: “787 Dreamliner: cleared for takeoff?”, written by Vitaliano Fiorillo, Raffaele Secchi and Silvia Zamboni, all at SDA Bocconi School of Management, IT. This category is sponsored by ESMT.

We would like to warmly congratulate all of the winners and once again thank all of our sponsors for their continued support of the EFMD Case Writing Competition.

The Global Business School Network and EFMD Present Joint Conference on Management Education in Africa

africa

The Global Business School Network (GBSN) and EFMD will hold a joint conference in Africa hosted by the Ghana Institute of Management and Public Administration (GIMPA) and supported by the Graduate Management Admission Council (GMAC) exploring what quality management education looks like in the developing world context. 

In Accra, Ghana on November 4 – 5, 2014 the conference, “Quality in Context: Management Education for the Developing World,” will convene leading educators from around the globe. The conference will focus on the realities students, companies, governments and civil society face in Africa and throughout the developing world, and how business schools can shape their programs to ensure they are providing effective, accessible management education in these markets. Pre-conference events on November 3 will include the GBSN Annual Members Meeting and an EFMD Accreditation Seminar held at the CEIBS Africa campus in Accra. 

Conference participants will have the opportunity to meet with international colleagues that share an interest in strengthening management education in emerging markets. Sessions will address the specific needs of market sectors, such as agribusiness and health, as well as the growing presence of technology, models for international collaboration in education, and how to meet increased demand for local management talent by multi-national companies. 

GBSN, a nonprofit organization with a mission to improve management education for the developing world, and EFMD, the leading global network for business schools and companies, are at the forefront of the effort to improve access to quality, locally relevant education around the world. This first-ever joint conference between the two organizations is a seminal event in the advancement of management education in Africa and throughout the developing world. 

“For over a decade, GBSN has worked with business schools, companies, governments and foundations to enrich the pool of skilled managers, entrepreneurs and leaders for the developing world,” said Guy Pfeffermann, founder and CEO of GBSN.  “By building the capacity of business schools in regions like Africa, we are able to support sustainable, high quality relevant education that makes a real difference in the prosperity of local people and their communities. We are thrilled to be working with EFMD for our 9th annual conference to address this important issue.” 

“This year marks the 30th anniversary of EFMD’s ground-breaking work as one of the first international organisations working to develop management skills and capacity in China. Now three decades later China is a powerhouse in the world economy and everyone is asking the question - will Africa be next? There is enormous potential and an abundance of resources, people, entrepreneurial spirit and hope for the future,” said Prof. Eric Cornuel, the CEO and director general of EFMD. "Events like this are vital in engaging key stakeholders from business, business schools, NGO’s & local government in a dialogue to share ideas and form alliances. We are delighted to work with GBSN and the host schools in Ghana to stage this important event.” 

For more information on this event please visit www.gbsnonline.org/africa2014 or www.efmd.org/africa or contact Page Buchanan, GBSN, at pbuchanan@gbsnonline.org or Griet Houbrechts, EFMD, at griet.houbrechts@efmd.org.

About GBSN
For over a decade the Global Business School Network has worked to address the crippling waste of talent and resources in the developing world caused by a severe shortage of people with business and management skills. Harnessing the power of an international network of over 60 leading business schools, GBSN facilitates cross-border networking, knowledge sharing and collaboration that strengthen management education for developing countries. For example, GBSN’s programs have helped to develop hundreds of local teaching cases in Kenya, establish a new business school in Pakistan, and bring cutting edge teaching techniques to a school in Malaysia. For more information please visit www.gbsnonline.org

About EFMD
EFMD is a leading international network of business schools and companies (820 members / 82 countries) at the forefront or raising the standards of management education and development globally. EFMD runs the EQUIS and EPAS accreditation systems as well as the EFMD Deans Across Frontiers development programme (EDAF) and Business School Impact Survey (BSIS). EFMD is one of the key reference points for management education worldwide and more information is available via efmd.org, the EFMD blog and @EFMDnews on Twitter.

EFMD Partners CVTRUST / Smart Diploma™ in LinkedIn Alliance

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

Recently CVTRUST has joined LinkedIn’s Direct-to-Profile Certifications pilot program, adding a new social dimension to its Smart Diploma™ solution. It is now possible for Smart Diploma™ owners to upload their certified credentials onto their LinkedIn Profile in just a click! Indeed, the new Direct-to-Profile programs allows graduates and trainees to easily showcase their achievements on their LinkedIn Profile and allows anyone to upload them at the click of a mouse. At the same time, it gives educational institutions the opportunity to be seen in the right light.

CVTrust has developed Smart Diploma™, a highly secure and easy to use solution (patent pending), that allows educational institutions (universities, graduates schools, training centers, E-learning programs…) to grant thousands of educational secured credentials (diplomas, certificates, badges…) in just a few clicks.

In an increasingly globalized world, the verification of credentials is a major challenge. It costs time and money to both academic institutions and recruiters. That's why Smart DiplomaTM works as a connection within the trainers-learners-recruiters ecosystem, offering a more practical and reliable solution to all parties in order to grant, showcase or check credentials online.

“We believe this is a win-win-win solution for academic institutions, alumni, as well as recruiters.” (MIT Sloan Executive Education)
 
“Smart Diploma™ is a very simple and clever solution to resolve one major issue: to certify electronically our branding via our diplomas. We have been looking for this kind of a solution for a long time and we believe that Smart Diploma™ is the product for the future.”
Stephanie Villemagne, Director, MBA Programme Management, INSEAD (France/Singapore)

“The environment for job search and for academic achievements is becoming more complex and more stressful for everybody. And because it's becoming more competitive too, people want to see something that they can trust. The added value of Smart Diploma™ for IMD is to make our alumni more satisfied by offering an additional service; and for our corporate partners it is a way to recruit efficiently through a transparent and a trustful solution.”
Jim Pulcrano, Executive Director, IMD (Switzerland)smart diploma

Schools using CVTrust include:

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

If your institution would like to learn more, please contact

Counting Down to the 2014 EFMD Deans & Directors Conference

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

This year’s conference will cover topics such as:

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

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

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

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

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

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

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

2014ddm iTunes google play

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

Join the EFMD ABS International Deans Programme (IDP7) 2014

idpEFMD in partnership with the Association of Business Schools (ABS) is launching its 7th edition of the International Deans' Programme (IDP).

The programme enables a group of up to 20 international deans to visit business schools in three different countries and gain an international overview of strategy, marketing and benchmarking with debate about issue such as governance, fundings model, reputation/branding, faculty development, the challenges and opportunities facing management education and particularly the role of being a dean. The programme also enables you to discuss, share and develop your own network with other participants and deans from the visiting schools.

“The best part of my IDP cohort has been meeting a global subset of leaders of business schools from all around the world, having the opportunity to compare the priorities and agendas of leaders of business schools. This is a valuable experience that – even in our e-connected world – is not yet possible without this very personal exchange of views and insights.”
Professor Per Holten-Andersen, President, Copenhagen Business School, Denmark

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

  • Hong Kong - 1-3 April 2014 - Hong Kong Baptist University, The Hong Kong Polytechnic University & The Hong Kong University of Science and Technology

  • Denmark & Sweden - 3-4 June 2014 Copenhagen Business School, Copenhagen & Lund School of Economics and Management, Lund University, Lund

  • UK 18-19 September 2014 - Saïd Business School, Oxford & Imperial College Business School, London

Benefits

  • Gain unique insights into the multiple roles of deans of business and management schools in a cohort of around 20 participants.
  • Visit a diverse range of business and management schools, take time out to network with your counterparts, re-energise and reflect on strategies for your own school, and create new strategic alliances.
  • Engage in debates about real time issues in complex settings under the Chatham house rule, e.g. strategy, governance, reputation, positioning, branding, different educational and business models, structures, team building, priorities, faculty recruitment and development, student employability, alumni, quality, priorities, regulatory environment, performance management and incentives, university, government and corporate links, globalisation, technology, fund raising, research and innovation in pedagogy, executive education, work load models, social challenges, rankings, accreditations, operations, buildings, the future of business and management education.

Format
Round table debates, learning sets, interactive activities co-designed with the participants and host institutions with optional psychometric questionnaires and 360 degree feedback.

Alumni
Over 100 Deans have particpated in the IDP programme to date from: Australia, Belgium, Brazil, Canada, Chile, China, Columbia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Ireland, Korea, Latvia, Lebanon, Lithuania, New Zealand, Norway, Portugal, Saudi Arabia, South Africa, Spain, Switzerland, The Netherlands, Turkey, UK, Ukraine, USA.

Fees
For members of ABS and/or EFMD €5000 (€5500 for non-members)

Early bird fee for members until 3rd Feb, 2014 €4750 (€5250 for non-members)

Do not miss this unique opportunity to explore the challenges and opportunities of being a dean, learn from the experience of other institutions and network while exchanging ideas with a small and open group of deans. Please note that this programme is aimed at recently appointed directors general/deans of the whole business school only.

You may also be interested in a recent article from EFMD's Global Focus magazine 'Inciting exciting insights' that looks back on five years of the International Deans’ Programme.

Contacts
If you have any questions or required any further information please contact -

Stefanie Strickland
sstrickland@the-abs.org.uk

Virginie Heredia-Rosa
Virginie.heredia-rosa@efmd.org

Major Disruption Ahead - Global Focus Magazine

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

logo_pdf 1. In focus and contents Issue 2 2013 cover

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

EFMD Awards CLIP Accreditation to ArcelorMittal, BBVA & PSA

EFMD-Awards-CLIP

EFMD Awards CLIP Accreditation

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

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

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

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

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

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

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

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

Vision 2020 Video Contest Winner Announced

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



Global Business Education Cloud System in 2020

Danyang Li, Solbridge International Business School, Korea




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

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

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

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

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

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

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

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

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

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

Henry Mintzberg Workshop on Developing Practicing Managers and their Organisations

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

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

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

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

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

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

Join us in Madrid for the 2013 EFMD Entrepreneurship Conference

The 2013 EFMD Entrepreneurship Conference

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

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


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

Can Business Education Change the World? We Think So!

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

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

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

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

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

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

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

Record Year for Entries to the Case & Doctoral Awards

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

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

EFMD Case Categories

EFMD / Emerald Doctorla Reserach Award Categoriesemerald logo

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

Sustainable Business Education for Africa - 3rd Annual EFMD Africa Conference

africapictureEFMD is organizing its 3rd annual Africa Conference entitled "Sustainable Business Education Appropriate for Africa", which is scheduled to take place in Nairobi, Kenya from 11-12th October 2012 co-hosted by the University of Nairobi School of Business and Strathmore Business School. The conference will be preceded by a joint introductory seminar on EPAS and Deans Across Frontiers (DAF) on 10th October. It will be followed on 13-15th October by the "Meeting of the Minds" conference in the Masai Mara organized by University of Stellenbosch Business School.

Topics covered in this year's Africa Conference will include: The Role of Business Schools in Africa, Partnerships, Management Development Powering Development, Income Streams, Which Governance for a More Sustainable Business Schools, and many more. Speakers will come from top African Business Schools & leading schools from across the EFMD global network, African companies and NGO's.

Join us in Nairobi and take advantage of this unique opportunity to network with peers from across the globe as well as the speakers. Please refer to the EFMD website for further information and registration details.

We hope to see you in Nairobi.

Call for Papers - Risk Management in Higher Education – Managing Academia in Turbulent Times

Special Issue Call for Papers: International Journal of Educational Managementijemcover
Risk Management in Higher Education – Managing Academia in Turbulent Times

Guest Editors:     
  • Eric Cornuel, European Foundation for Management Development, Belgium & HEC Paris, France
  • Ulrich Hommel, EBS Business School, Germany & European Foundation for Management Development, Belgium
Theme
A. The Context
Higher education institutions are operating in an increasingly dynamic environment. Demographic shifts, rising market transparency and accountability, changing consumption patterns and the emergence of new competition are exposing the higher education sector to levels of risk never encountered before. Deregulation and new funding models are forcing presidents, deans and senior managers to embrace market challenges with the effect of further enhancing performance volatility. As a consequence, what has been said about management in general increasingly applies to higher education management as well: Institutions are managed well if they manage their risk position well. In addition, regulatory oversight bodies are beginning to acknowledge the need to align the intensity of supervision and control with institutional risk-taking.

Despite the high priority assigned to risk management in a practical context, the academic literature has largely ignored this emerging field of research so far. In the light of the impact of recent economic downturns on higher education and the concerns how continued turmoil in financial markets may put a considerable number of institutions into a state of budgetary distress, there is clearly a need to examine this issue more closely from a research perspective. Over the past two decades, risk management has developed into a vibrant field of research, in particular in finance and operations management. In contrast, the higher education literature on risk management is dominated by practice-based publications and still lacks an appropriate academic research foundation. The special issue intends to address this shortcoming.

B. Purpose
The purpose of this special issue is to advance the understanding of the specific nature of risk management in higher education institutions. With this perspective in mind, this Call for Papers seeks to expand knowledge in this area and provide a discussion forum for researchers in higher education as well as business & management. It presents a unique opportunity for researchers to gather and explore previously untapped synergies between these so far largely separate areas of research.
The special issue invites conceptual and empirical papers, presenting cutting edge research on risk management in higher education. Papers may be theoretical or applied but should in all cases have a clear relevance to risk management practices in higher education.

C. Research Questions

This call seeks contributions on any aspect of risk management in higher education. Papers can for example focus on:
  • Risk management methodologies and risk management performance
  • Financial and operational risks (and the interaction between them)
  • Incentive issues, governance and regulation
  • Strategic decision-making and risk taking
Suggested questions to be explored include (please note that these questions are only intended to serve as examples and are not meant to restrict submissions in any way):
  • What are the strengths and weaknesses of risk management methodologies currently used in the higher education sector?
  • What is the relationship between financial performance and competitive positioning of higher education institutions?
  • How effective are different governance models in controlling risk-taking behaviour of senior management?
  • What is the impact of internationalization on risk-taking behaviour of higher education institutions?
  • How are different trends (e.g. demographic change, changing funding models, rising market orientation, managerialism, shift towards blended/online/distance learning) affecting performance volatility and financial health of higher education institutions?
  • What is the impact of deregulation and privatization on risk taking in higher education?
  • How can established risk management methodologies of the corporate sector (e.g. Cash Flow at Risk) be used to measure and mitigate risk exposures in higher education?
  • How is regulatory oversight impacting risk-taking behaviour of higher education institutions?
  • What are the need and scope of risk-based regulation of the higher education sector?
We welcome submissions of high-quality papers on all topics related to risk taking, risk management and risk regulation in a higher education context. They may use any type of higher education institution as a focal point (universities or subunits thereof such as business schools, public or private, non-profit or for-profit). Contributions can develop theoretical frameworks, synthesize the existing body of knowledge, present strategic problem-solving applications or offer empirical evidence. Successful submissions will employ accurate methodologies and develop their arguments on the basis of rigorous analysis.
 
D. The Journal
The International Journal of Educational Management provides those interested in the effective management of the educational process with a broad overview of developments and best practice in the field, with particular reference to how new ideas can be applied worldwide. The journal contains material relating to innovation in educational management across the spectrum, the development of educational delivery mechanisms, and the creation of an environment in which the management of resources provides the most efficient outputs achievable on an international basis to allow the sharing of new initiatives. Each article is submitted to a double blind-review process to ensure that academic integrity is maintained

Submissions
To be considered for publication in this special issue, manuscripts must be received by February 15, 2013. Submissions must comply with the author guidelines for this journal:
http://www.emeraldinsight.com/products/journals/author_guidelines.htm?id=ijem

Expressions of interest to submit a paper and other queries should be sent directly to the special issue co-editor, Ulrich Hommel (ulrich.hommel@efmd.org).