Category Archives: Uncategorized

INSEAD in the NEWS

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Women honoured for ideas with a cause

Cartier, in partnership with INSEAD and McKinsey, has announced the six winning laureates for the 2018 Cartier Women’s Initiative Awards. Launched in 2006, 80 percent of the 184 business which have competed for the awards are still around. INSEAD Dean and Professor of Economics Ilian Mihov says this is an impressive figure, given that the usual survival rate for startups is 10 percent.  The Business Times 
Singapore – 26 April
Print edition
Additional coverage: 
ELLE – Australia 
The Business Times – Singapore
The Edge – Singapore
Harpers Bazaar – Singapore 

INSEAD’s Ilian Mihov Imagines The Future

INSEAD Dean Ilian Mihov was interviewed by Poets & Quants during the Alumni Forum Americas in San Francisco. The Dean explained his concept of ‘Business is a force for good‘ and highlighted important topics such as rankings, the goal of gender parity in business schools, the so-called “Trump effect” on U.S. schools and whether European schools are benefiting, and all major activities around iW50. Poets & Quants
USA – 18 April

Where Is Consumer Research Going Next?

The rise of neuromarketing has begun to provide companies and researchers with greater insight into consumer behavior than consumers themselves are capable of giving, explains INSEAD Chaired Professor of Decision Neuroscience Hilke Plassmann’s whose research areas focus on consumer decision making, emotion regulation and self control, perception of the consumption experience, branding, and neuromarketing. Recent work by Steven Sweldens, INSEAD Distinguished Research Fellow, finds that our conscious resistance to advertising has also limitations. Quality Digest USA – 26 April

 

Value innovation seen as more critical to Singapore’s growth

INSEAD Professors of Strategy W. Chan Kim & Renée Mauborgne write that as Singapore strives to shift from value-adding to value-creating, understanding the difference between value innovation and technology innovation is vital. With neighbouring countries now on Singapore’s heels and labour costs high, Singapore must once again shift and reach for a new blue ocean of wealth and prosperity.  The Business Times
Singapore – 26 April
Print edition 

Escalation of Competition Leads to Conflict in Competitive Networks of F1 Drivers

A study led by INSEAD Assistant Professor of Entrepreneurship and Family Enterprise Henning Piezunka, together with co-authors at ESMT and Dr. Richard Haynes from the US Treasury, examined the link between status similarity and conflict as well as the conditions under which this link holds by using panel data on Formula 1 races from 1970 through 2014. Science Newsline
USA – 25 April

R&D Spending: The Hype of emerging technologies

Over seven years of consecutive increases in R&D spending appear to be lining up in the US, after a five-year decline from 2010-2014. INSEAD Associate Professors of Technology and Operations Management Karan Girotra and Jurgen Mihm, and Christophe Pennetier, INSEAD PhD, state that returns to spending on research and development are positive and accrue over several years. They studied how a given amount of such spending is best allocated, over time, to optimise R&D performance. Machine Design
USA – 25 April

 

Can tech solve Singapore’s talent and manpower crunch?
Bruno Lanvin, Executive Director for Global Indices, and Paul Evans, Professor and Academic Director for GTCI at INSEAD, comment that Singapore’s talent shortage problem is worse than Malaysia, Switzerland, and the Nordic countries but not as severe as South Korea, Japan, China and Vietnam. However, it will get worse in the future with the demographic crunch as in Japan. Singapore Business Review (SBR) 
Singapore – 24 April

INDEVOR Club Singapore Chapter Launch event announced

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Launch of the INSEAD Global Impact Network (INDEVOR) Club – Singapore Chapter

Tuesday 22 May, 7pm at INSEAD

We kick off the Singapore series of events with a panel discussion on “Does Impact Make for Good Business?”

Join us for the launch event of the INSEAD Global Impact Network (INDEVOR) Club – Singapore chapter.

This select event will bring together impact investors and social entrepreneurs who debate on the topic: “Does Impact Make for Good Business?”

Join these experts as they debate on whether it is possible for social purpose and profit to co-exist? Is the triple bottom line an elusive myth?

Moderated by Greg Blackwood-Lee, MBA’99J, Managing Partner at Genuine Interest, our guest speakers for the event include

  • Sumitra Pasupathy, MBA’01, Country Director Singapore / Malaysia, Ashoka
  • En Lee, Partner, Asia Pacific Head, LGT Impact
  • Jugnu Pati, Investment Manager, Bamboo Capital Partners

More speakers to follow. Registration at 6.30pm for a 7pm start.

  • INSEAD ALUMNI NAA Members and a guest each $10
  • INSEAD ALUMNI Non-NAA members and a guest each $40

Dean’s Editorial – Read here.

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BY  

DEAN’S EDITORIAL – BUILDING MOMENTUM AT INSEAD

Momentum is building at INSEAD. As we continue to track the school’s progress across multiple dimensions—from the academic calibre of our students to the strength of our thought leadership to the growth of our fundraising—it’s clear that we are progressively setting the bar higher for ourselves.

Consider our most recent data from the 2016/17 academic year, which speaks to the pace of our trajectory. During this year, we witnessed:

  • Highest average GMAT score of incoming students (709)
  • Highest percentage of female MBA entrants (36%)
  • Largest-ever proportion of students with scholarships (28%)
  • Highest amount raised in philanthropic gifts in a single year (€33.6M)
  • Double-digit growth in revenues (€245M)

What’s driving this momentum? Our alumni, students, faculty and staff are closely aligned on the INSEAD mission and vision, enabling all of us to move forward with greater speed, precision and strength.

“We are united in our belief to use business as a force for good. We are committed to working together to develop leaders who put societal needs at the centre of value creation; who work fervently to protect the health of people and the planet; and who use their ingenuity and creativity to address critical problems on a global scale.”

Although we haven’t finished tracking all of our metrics for the 2017/18 academic year, it’s clear that the school’s momentum continues to increase. Recent examples include:

Tackling world-scale problems: An increasing number of students, alumni, faculty and staff are coming together to take on some of the most challenges issues of our day. New initiatives are forming in pursuit of goals such as reaching gender parity, driving sustainability, decreasing wealth inequality, making ethical decisions, promoting social impact and harnessing technology for students. For example, the Gender Initiativeand iW50 are helping us to build on recent successes, which include achieving the highest-ever percentage of female students (36%) in our MBA programme and achieving gender balance in our PhD programme (September 2016 intake).

Disseminating thought leadership: Our world-class faculty, who currently represent 41 nationalities, continue to earn recognition as influential thought leaders, talented researchers and accomplished authors. In 2015-17, the 11-most rigorous academic journals in management—covering strategy, operations, organisational behaviour and entrepreneurship—published more articles by INSEAD faculty than faculty from any other business school. With 102 articles, INSEAD is ranked #1 in the world, followed by Wharton (90 articles) and Harvard Business School (70 articles)*. On an individual level, four INSEAD faculty members were among The Case Centre’s 40 best-selling case authors for 2016/17: Professors Renée Mauborgne and W. Chan Kim (#8), Pierre Chandon (#10), and Ben M. Bensaou (#39). Professors Mauborgne and Kim also earned worldwide attention for Blue Ocean Shift: Beyond Competing, the highly anticipated follow up to Blue Ocean Strategy. To build on these successes, INSEAD recently established several new Centres of Excellence—bringing our total to 20—including the Gender Initiative and the James M. and Cathleen D. Stone Centre for the Study of Wealth Inequality.

Spotlighting esteemed women scholars: The celebration of 50 years of women at INSEAD continues with a new and innovative site for thought leadership: 50 Years, 50 Women, 50 Ideas showcasing 50 noteworthy women scholars from INSEAD—both faculty members and doctoral alumnae—and the powerful ideas they’ve developed through their research and insights. These ideas, which cover a diverse range of academic disciplines and geographic regions, speak to the significant impact that our women scholars continue to have on business and society.

Doubling the success of Giving Day: Our second-annual Giving Day was an incredible success, and I’m deeply grateful to those of you who contributed to this important effort. We raised €681,453 from 1,507 donors in 78 countries—doubling our participation rate and funds raised from last year—with the top three giving allocations dedicated to the Dean’s Innovation Fund, Robin Hood Scholarship and MBA Scholarships for Women. It’s wonderful to see this progress, especially on the heels of last year’s 41% increase in giving results.

Pursing greater operational efficiency. We recognise that the growth of INSEAD, in both size and complexity, is putting pressure on the structure of our organisation and our operations. To address this challenge, we have partnered with consulting firm PricewaterhouseCoopers (PwC) on a new project—aptly named “Momentum”—in which we’ll analyse how we work and identify areas for improvement. After this process is complete, we’ll work to implement a series of new strategies in order to optimise how we operate as an institution.

In the meantime, the pursuit of excellence continues across all aspects of our school. With your support, we can take this great institution to even greater heights.

Ilian Mihov
Dean, INSEAD

*The UTD Top 100 Business School Research Rankings™

Singapore tops Asia Pacific in the Global Talent Competitiveness Index (GTCI) 2018

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Asia
10 April 2018

Singapore retains its top position in Asia Pacific for the fifth consecutive year in the Global Talent Competitiveness Index (GTCI) 2018, announced today during GTCI’s Asia Launch Event at INSEAD campus in Singapore.

Produced in partnership with The Adecco Group and Tata Communications, the GTCI is an annual benchmarking report that measures the ability of 119 countries to compete for talent. 

With the theme of ‘Diversity for Competitiveness’, the GTCI 2018 examines two types of diversity: cognitive (differences in knowledge, experience and perspectives) and identity (gender, race, age etc.). The report underscores the importance of diversity for building innovative teams and to equip organisations with the ability to address the needs of markets and operations in multicultural environments. The report underlines that diversity is also an investment: people are often ill equipped to collaborate with others who are different from themselves. Leveraging diversity for competitiveness hence requires resources, commitment and leadership.

In GTCI 2018, six Asia-Pacific countries rank in the top 30: Singapore is first (and second globally), followed by Australia (11th), New Zealand (12th), Japan (20th), Malaysia (27th) and South Korea (30th).  Read more here.

Important Information about renewing your NAA membership

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Please read this document to find out more about changes to NAA Membership renewal.

We are currently changing the payment portal for credit card payment so please consider paying by direct transfer, cash or GIRO.  Read more here. The Singapore NAA has simplified your Membership signup/renewal – now available via GIRO payment. This is a convenient way to pay and ensure that your membership won’t lapse and you won’t miss out on the great events and members-only benefits available.
Pay by GIRO and get discounted membership price of SG$130 per year.

Download the form, complete your banking details and return the original to us. We will do the rest.
Giros take approximately one month to set up with your bank. But you can enjoy your membership benefits immediately and get access to our upcoming great events at members prices. For more information please email us.

 

Volunteering Opportunities at INSEAD NAA

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  • Buona Vista Alumni Lunches require a new coordinator. Ami has moved on but is happy to brief any volunteers who would like to help out with this popular worthwhile social activity.
  • Alumni Entrepreneurship Alumni Club of Singapore
    Thanks to all the engaged and driven volunteers that have shown their interest and support in helping the Association!! We are proud of our community and we are currently processing all of your interest to support us.

    We are also working with the Alumni Entrepreneurship Alumni Club of Singapore led by Eugene Yap on finding the next generation of the Club’s leaders for the future. In light of that Eugene Yap  and the other volunteers working with him are looking for action-driven individuals that can help drive and shape the next stage of the club in Singapore as a driving force for our Alumni community. Please email Eugene expressing your interest on leading the next stage for the Club and how you plan to contribute to the team and the community.

Position Vacant at INSEAD

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Research Associate (RA) at INSEAD

INSEAD offers a position for a Research Associate (RA) to help develop and deliver the new capstone MBA course. The RA will work directly with Professors Philip Anderson and Rose Luo, who are developing the course. The capstone course is a three-day simulation in which teams of five students manage a digital company in China through the first 100 days after a private equity takeover. It integrates the MBA core courses through a series of tasks and brings together key learnings from the core. Additionally, the students experience many events that challenge them to integrate information and make decisions as a team.

Tasks:

· Preparing a “due diligence report” in the format that private equity firms use, providing key background information and financials.

· Integrating core-course exercises that have been developed in beta-test versions into the financial engine for the course, and devising easy templates for automating evaluation and feedback as much as possible.

· Working with the designers of our simulation engine to design financial models linking events to outcomes, and writing descriptive text explaining the outcomes

· Interviewing selected experts in the areas of digital entrepreneurship, entrepreneurship in China, and private equity to help ensure the simulation is as realistic as possible

· Helping to write instructions and evaluation rubrics for role players as needed

· Writing instructions for participants on how to use the course platform and online collaboration tools they must use during the course.

· Assisting in course administration during the several times it is offered to MBA’s in May and June 2018

Qualifications: Read more at link below.

Read more here & to apply: https://drive.google.com/open?id=1Q1ysoOBfcw1lMS6UP0hjYKXsbyw5GfSv

INSEAD in the NEWS

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BBC World News: Asia Business Report 
Vinika Rao, Executive Director of INSEAD EMI, in a ‘live’ interview discussing gender equality in Asian corporate leadership where she elaborates on the emergent themes and key findings of the new INSEAD EMI study, Gender equality in Asian corporate leadership – distant dream or achievable ideal?. BBC Asia 
Singapore – 8 March

The World Market for Stereoscopic Microscopes: A 2018 Global Trade Perspective
This edition of the 2018 Global Trade Perspective Report focuses on the world market for stereoscopic microscopes, using methods developed under the supervision of on INSEAD Professor Phillip M. Parker. Het Financieel Dagblad
The Netherlands – 2 March
In Dutch

It could ‘take months’ to form a coalition government in Italy 
Antonio Fatas, INSEAD Professor of Economics, says that Italy faces an unstable political environment after the elections and that could easily spill over into markets and the economy.  CNBC Asia
Singapore – 5 March

Using humour to fuel success of your organisation
Jamie Anderson, Visiting Professor at INSEAD, writes that humor engineered by leaders can shape a culture of empathy and relationship satisfaction and be a foundation for greater alignment. The global nature of business today means that leaders must also be adept at adjusting their use of the different styles of humor as they cross societal boundaries – an aspect of what has become known as cultural intelligence. Great Leadership
USA – 5 March