In Memoriam – Olivier Giscard d’Estaing

The INSEAD family mourns the loss of First Dean and Founder

Dear Alumni,

I am deeply saddened to share news of the passing of Olivier Giscard d’Estaing, one of the INSEAD founders. His approach to business education truly laid the foundation for the INSEAD that we know today.

In this difficult moment, our thoughts are with the Giscard d’Estaing family. Together, we mourn the loss of a leader and innovator, a pioneer in management education and a dear member of our INSEAD family.

Olivier joined the INSEAD project when the school was still just an idea of Georges Doriot. It was while attending HBS that Olivier first met Doriot. In the summer of 1956, the two connected in Paris to discuss Doriot’s idea. At the time, Olivier was teaching at the Institut d’Etudes Politiques where he had established their first business course. As a firm believer in management education, he jumped at the chance to help make this new vision a reality.

As well as helping found the school, Olivier was appointed as Director of Studies shortly after it was established, making him the first Dean of INSEAD. He served in this role until 1963, when he was appointed as Director General of the school, a position he held until 1966.

Olivier was instrumental in almost every facet of turning the INSEAD vision into a reality – developing operational procedures and course outlines; finding and securing facilities; and recruiting top faculty talent and high-calibre students. During his spell as Director, he also planned the move of INSEAD from a rented wing of the Château de Fontainebleau to the purpose-built campus we still call home.

After stepping down as Director he continued to dedicate his time, energy and experience to this great project, serving as vice chairman of the board for 25 years, a member of the French Council and as the Honorary President of the INSEAD Foundation.

But INSEAD was just one of Olivier’s legacies. He authored six books and was widely published in academic and parliamentary journals. He was a member of the French Parliament from 1968 to 1973, the North Atlantic Parliament (1969-1973), the Conseil Economique et Social de France (1994-1999) and served as Mayor of Estaing for over ten years. An officer of the Legion of Honour, he was also a member of numerous associations and boards, including Generali, IBM, Johnson and the Société Internationale de Technologie.

Indeed, throughout his remarkable life and a career that spanned management education, industry and politics, he constantly demonstrated his willingness to support and serve others. France and INSEAD have both lost a dedicated servant who was a firm believer in the power of business to be a positive influence on society.

Today, we say goodbye to a great man and a dear friend of INSEAD. Rest assured his legacy lives on through this unique business school and the community that he helped to create and shape.

You may visit this site to learn more about Olivier’s life and post message of condolences.

Sincerely,

Ilian Mihov 
Dean of INSEAD

 

CANCELLED: Alumni Ball 2021

Dear all,

The Alumni Ball organizing committee – composed of representatives of the partnering Alumni Clubs – have decided to postpone this year’s event to early 2022. The new date for the Annual Alumni Ball is now set for Friday, March 4th 2022.

This decision was driven by a low number of registrations, which rendered the event financially unviable to proceed. From the received feedback, we understand this situation originates from an on-going concern about the COVID pandemic which, though it is showing positive trends, still does not motivate the majority of our Alumni base to attend large gatherings.

We expect the situation to continue improving over the coming months and hope to warmly welcome you to the Alumni Ball 2022.

We sincerely appreciate your interest and support, and wish you a pleasant autumn time.

Welcome to Global INSEAD Day 2021: The Big Connect!

 

Every year on Global INSEAD Day, alumni, faculty, staff and students gather to celebrate the #1 business school in the world. This special occasion marks the anniversary of INSEAD’s first MBA Opening Ceremony in the historic Château de Fontainebleau in 1959.

This Global INSEAD Day, happening on 10 September, INSEAD in collaboration with INSEAD Alumni Association (IAA), is hosting three digital events from three key locations — Asia, Europe and the Americas. Each event will begin with a faculty session where you’ll gain insights on the latest global business trends from the experts.

Then it’s time to mingle! Every webinar will be followed by a fun networking virtual event where you can meet up with fellow alumni to discuss, debate and discover more about the challenges and opportunities of this unique moment in history.

Every webinar and networking session is open for our global audience. Just head over to our Global INSEAD Day website and register to Big Connect with fellow INSEADers!

Have you registered yet?

Jointly organised with the INSEAD Alumni Association (IAA), this Global INSEAD Day promises to be our biggest networking event of the year!

Join us on 10 September at 6.00pm CET for a lively discussion on “Conducting Business Across Cultures: How to Lead, Negotiate and Get Things Done Around the World” with INSEAD Professor of Management Practice Erin Meyer. In a globalised world, working well across cultures is a must. In this webinar, moderated by Associate Dean of Advancement Nida Januskis, Erin will share her advice on what works, and what doesn’t.

The webinar will be followed by a special networking opportunity exclusively for alumni hosted on a new state-of-the-art platform, Remo, where you can gather around “themed tables” for meaningful discussions and connections.

Register for the webinar here
Register for the networking session here

This event will be broadcast from Europe. However, like the Asia and the Americas events, it remains open to our entire global alumni audience – wherever you may be tuning in from!

For more information about the various events, please visit the Global INSEAD Day 2021 website.

 

In Memoriam – Claude Janssen

INSEAD mourns the loss of founder and lifelong leader

No one has supported the INSEAD family and promoted its values-driven purpose with more flexibility, fidelity and efficacy than Claude Janssen. The most faithful of stewards and the very definition of effectiveness paired with discretion, Claude was always willing and amply able to take centre stage. But he was happiest when working behind the scenes to build momentum and consensus to propel our school to ever-greater heights of impact and excellence.

Claude’s commitment to INSEAD and its principles can be traced back to his early life. As a young scholar, he was never anything but exceptional, both in achievement and in imagination, as evidenced by his unique ability to think, then envision, then act, beyond the conventional. On graduating from the prestigious École Polytechnique in Paris, perhaps the grandest of France’s grandes écoles, Claude did not follow the prescribed path and immediately enter French industry. Instead, he chose to pursue an MBA at Harvard University.

Today, such a choice seems obvious, its value self-evident. But our current belief in the power of international business education owes much to the work of Claude and his co-founders. At the time it was nothing short of radical for a European to enrol on an MBA in the US.

While at Harvard, Claude encountered the legendary Georges Doriot, the first French graduate of the Harvard Business School and its first French professor. An inspiring teacher, he had long dreamed of bringing a graduate business programme to Europe. But his vision went far beyond the American model.

Having experienced the wholesale destruction of Europe by World War II in Europe and now confronted with the apocalyptic threats of the Cold War, General Doriot envisioned a revolutionary business school defined by internationalism, diversity, independence, entrepreneurism, and proximity to business. He believed that the interaction of this unique combination of core principles could help to transform a newly integrated Europe, stimulating economic growth and fostering peace and prosperity. It was a vision that was practical yet idealistic and, though daring, reflected the zeitgeist.

Claude did not simply believe in the idea that would become INSEAD; he gave his time, his energies, and his passions to manifest it. This generosity was always without financial recompense, free of any aspect of self-advancement, and often at great personal sacrifice.

In 1955, Claude returned to France and went to work for the Worms group, a prominent private Paris-based group active in banking, insurance, shipping, and industry. Here he would spend his entire career, becoming one of four managing partners before his retirement in 1996. Like all young executives in their first position, Claude faced long hours, a steep learning curve, and exhaustive demands.

Yet just when the requirements on his time were greatest, Claude – along with compatriots Olivier Giscard d’Estaing and Jean Raindre, both fellow Harvard graduates and Doriot disciples – threw himself into the INSEAD project. He was instrumental in finding and vetting candidates to become INSEAD’s first Director General, as well as scouring the Paris region for a potential home for the new school and serving on the Comité Technique, charged with constituting INSEAD’s operating policies and course outlines.

All of this effort was for the sake of a mere idea: a collective aspiration without precedent, a school offering a programme without accreditation, without proven demand, without financial backing, without faculty, even without permanent facilities. As with any entrepreneurial start-up, the likelihood of failure was high, and the chance for success slim. The scales were further weighted by the short-sightedness of some members of the French establishment, who contended that INSEAD’s multinational orientation would encourage a diaspora of domestic talent rather than concentrating it at home.

Nevertheless, the founders and early supporters – from General Doriot, to the French Chamber of Commerce, to far-thinking French and European industrial behemoths and captains of industry, to d’Estaing, Raindre and Janssen – held firm. They were confident that their convictions would attract likeminded pioneers. And on 12 September 1959, Janssen, Raindre and Doriot were finally able to cable the General: “The ship is launched. 57 registered today. Opening ceremonies completed. All engines turning.”

Two days later, Claude closed a longer communication to Doriot with, “It remains for us to thank you for starting up the whole idea and giving us the opportunity to contribute to an endeavour with so much future.

New Executive Education Programme on Product Management

Dear INSEAD Alumni

We wanted you to know that INSEAD has developed a new ground-breaking Executive Education Programme that focuses on Product Management and helps Product Managers prepare to make the transition to become Product Executives.

INSEAD has recently partnered with Product Management Festival to develop the Product Management Executive Programme (PMEP).  PMEP provides current and rising Product Managers with the tools, knowledge and know-how to lead effectively and to amplify their impact in the organisation.

There is a new call for Product Leaders within companies, reflecting the increasing importance of the product manager in today’s business environment.  As organisations shift from linear producers of products to ecosystems, capable of incorporating big data analyses into all facets of product design and execution, product managers are taking on bigger roles.

But many product managers face new challenges that they may not be ready for. They have to motivate their teams and an array of stakeholders inside and outside of the organisation, often without formal authority.  They may have become savvy at a technical craft that has enabled them to develop their organisation’s suite of products and move up the ranks, but the “management” side of product management is often (and understandably) under-developed.

We have attached a brochure on this new PMEP initiative that will hopefully answer your questions about the overall content, the benefits for participants and the recommended participant profile.

The deadline for individuals to apply for admission to the PMEP is 23 April.

For more information, we’ve attached a 2-page brochure on the Programme.  Also, here is a link that will take you to the appropriate section on the INSEAD website showcasing the PMEP.

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IN-BOARD Nordic Academy 2018 – An INSEAD Alumni Board Initiative

Dear INSEAD Alumni,

We are very pleased to invite you to join the:

IN-BOARD Nordic Academy 2018
An INSEAD Alumni Board Initiative

After two successful years, the IN-BOARD Nordic Academy will be continuing again in Oslo, Stockholm and Fontainebleau. The IN-BOARD academy aims to strengthen leaders for current and future board roles. The workshops sessions this year are:

  • Fri, Aug 31 –  Sat, Sep 1 – Workshop 1 – Strategy with McKinsey in Oslo
  • Fri, Sep 21 – Sat, Sep 22 – Workshop 2 – Legal & Compliance with PwC in Oslo
  • Fri, Oct 12 – Sat, Oct 13 – Workshop 3 – Human Resources with Egon Zehnder and Communications with First House in Stockholm
  • Nov 22-24 or 23-25 – Workshop 4 – Sessions at INSEAD Fontainebleau, France with other IN-BOARD groups from Netherlands, Germany, Switzerland, Belgium and the Nordics.

Our Partners:

                                               

                 

Participation is open to all INSEAD Alumni with management experience.

With the support of INSEAD Alumni Association of Norway (IAAN) and partner companies, the cost of the academy is 950 EUR for the first 3 workshops in Oslo and Stockholm. The session at INSEAD in Fontainebleau is an additional 4400 EUR, and is optional. Participants are responsible for own travel and accommodation costs. The IN-BOARD is a non-profit initiative for IAAN.

Participation is limited and applications for the first 3 workshops in Oslo close on May 30, 2018. The application deadline for the 4th workshop in Fontainebleau will be on September 15, 2018.

For more information about the program, please go to https://www.insead.no/in-board.

We are now accepting registrations. If you are interested or have questions, please contact Wendy Lam at [email protected].

We look forward to building a stronger foundation for INSEAD leaders who desire to take on greater responsibilities on boards in the Nordics and internationally.

Best regards,

The IN-BOARD Nordic 2018 Programme Committee

Susanne Hannestad, AMP J06
Wendy Lam, MBA D03
Petter Mather Simonsen, MBA D87

INSEAD ranked as #2 in Financial Times Global MBA Rankings 2018

Today, the Financial Times (FT) announced the results of its Global MBA Rankings 2018. INSEAD’s MBA programme was ranked #2, and Stanford’s MBA programme was #1. INSEAD’s three-year average (2016-2018) remains #1, followed by Stanford and Wharton.

While we had hoped to retain the #1 position for a third consecutive year, rankings inevitably change. This year, the rankings shifted as a result of salary growth. Although the average salary of INSEAD alumni increased about $10,000, the average salary of Stanford alumni increased about $20,000.

We are proud of INSEAD’s strong position on the global stage. Our track record speaks to the rigour of our MBA programme, the calibre of our alumni and the significance of our school.

Good news overall

INSEAD continues to perform well on other global MBA rankings. In the 2017/18 academic year, the MBA programme was ranked:

  • #1 in the Bloomberg Businessweek International MBA Rankings 2017
  • #1 in the Poets & Quants International MBA Rankings 2017 (third year in a row)
  • #2 in the Forbes International One-Year MBA 2017 and second-highest ROI
  • #2 in the QS World MBA Rankings (#1 among Asian and European schools)

It’s also worth noting that INSEAD is one of five business schools to ever hold the #1 position on the FT ranking. We’re in good company with Harvard, Stanford, Wharton and London Business School.

Opportunities for growth

As the FT ranking acknowledged, the percentage of women in INSEAD’s MBA programme was 36% this year—a significant increase from last year’s 30%. It’s gratifying to see this progress, but there is still work ahead of us. The Gender Initiative, coupled with this year’s celebration of 50 years of women in our MBA programme, is bringing greater attention to this issue and reaffirming our commitment to gender balance.

The big picture

Rankings aside, INSEAD is committed to developing business leaders who, through their knowledge, creativity and skills, promote peace and prosperity around the world. As the Business School for the World, this is our raison d’être, and it guides all that we do.

Thank you for supporting INSEAD. You have fuelled our rise and furthered our mission—not to be the best school in the world, but to be the best school for the world.

Let’s keep the momentum going!

Yours sincerely,

Ilian MIHOV
Dean

Upcoming Webinars for INSEAD alumni

We are delighted to offer INSEAD alumni access to the following five global webinars on careers issues and the school’s iW50 celebrations.

Note that you need to be alumni association member to access the webinars free of charge.

 INSEAD Alumnae Panel: Championing Gender Balance
31 January 2018

This INSEAD webinar brings together distinguished alumnae leaders from around the world to consider their journey to the top and how they address issues of gender balance in their own organisations.

  • Luciana Batista (MBA’06D)is a partner in Bain & Company’s São Paulo office
  • Lucy Quist (MBA’05J)is the President of the African Institute of Mathematical Sciences,
  • Paula Kirby (MBA’94J) is Managing Director at Plaxall, Inc.
  • Christina Law (MBA’91D)is Group President of General Mills, Asia & Latin America region
  • Zoe Kiniasis Associate Professor of Organisational Behaviour at INSEAD.

For more details, and to register, visit:
https://iw50-female-leaders.eventbrite.co.uk?discount=INSEADwb

 

Monique Valcour on Avoiding Burnout and Building Resilience

8 February 2018

Relentless stress at work threatens not only our wellbeing and performance but also our health and career.  In this webinar Monique Valcour, management professor and author, presents the current research into the causes of burnout, shows how to judge if we are at risk, and proposes a range of strategies we can use to escape toxic environments and improve our situations.
https://avoiding-burnout.eventbrite.co.uk/?discount=INSEADwb

 

Designing a Second-Act Career with Claire Harbour-Lyell and Antoine Tirard
8 March 2018

While working lives are getting longer, we spend less time in each job, face a less certain career progression and are more likely to find our roles disappear entirely. A different approach, focussing on “career agility” is needed. In this webinar, Claire Harbour-Lyell (MBA’92J) and Antoine Tirard (MBA’97D) authors of Disrupt Your Career, a new guide to navigating mid-life career transitions, explain how to move successfully to a second career.
https://creating-a-2nd-act-career.eventbrite.co.uk?discount=INSEADwb

 

Steve Dalton on How to Write your CV Efficiently
19 April 2018

Despite seismic changes in recruitment, we still have to submit a CV when we change jobs.  Job-hunters often write dozens of versions, each of which must be customised and error-free. Perfectionism is not the answer. In this webinar, Steve Dalton – author of Amazon bestseller The 2-Hour Job Search and head of MBA careers at Duke (Fuqua) School of Business – proposes an alternative: that we focus our efforts where they have the most impact, and learn to write our CVs more efficiently.
https://rewrite-your-cv.eventbrite.co.uk?discount=INSEADwb

 

Results from INSEAD’s Alumni Impact Survey
31 July 2018

As part of INSEAD’s iW50 celebrations the school has undertaken a global alumni study to assess how alumni impact their organisations and the wider community. in this webinar INSEAD professor Zoe Kinias will reveal the results of the survey and review lessons learned during INSEAD iW50 year. We will also discuss how the iW50 goals are going to be carried on after the end of the year and review the future of INSEAD’s Gender Diversity Initiative.
https://iw50-alumni-impact-survey.eventbrite.co.uk?discount=INSEADwb

An open seminar in Helsinki with INSEAD professor Yves Doz

What can we learn from the legacy of Nokia? This is a question that will be addressed not only by reviewing the past, but also by looking into the future.

Members of INSEAD Alumni were invited to an open seminar in which Professor Yves Doz (INSEAD) organised by Aalto University School of Business on Thursday November 22nd 2017. Professor Doz has a long-term relationship with Nokia’s senior management, and thus a privileged position to study the evolution of Nokia in the mobile phone industry in depth, from its very beginnings to 2013.

The evening opened with a short presentation by Professor Doz, highlighting some of his key findings, followed by a panel discussion on the lessons that can be drawn from Nokia’s recent history and the implications of its legacy for Finland today and in the future. The panel featured:

  • Rebecca Piekkari, Professor, Aalto University, School of Business
  • Juha Äkräs, Executive-in-Residence, Aalto University, School of Business
  • Eero Vaara, Professor, Aalto University, School of Business
  • Heli Helanummi-Cole, Doctoral researcher, University of Oxford, Saïd Business School, UK

This was a very exciting and very high profile presentation. It turned out to be the most popular alumni event we organised in 2017. It was  very popular event  also among Aalto alumni. The Aalto School of Business big lecture hall was booked to last seat.