INSEAD in the NEWS

How to reduce pressure on leaders and prepare for change
Excerpts from INSEAD Knowledge
Henrik Bresman, Associate Professor of Organisational Behaviour at INSEAD, drew on the analogy of a symphony orchestra in describing an inter-team model structured to keep pace with change. He says that to remain innovative, strategic change itself needs to evolve from a top-down, linear process to a more democratised, open-ended process. Smart Company 
Australia – 28 February

A second ‘invisible hand’ – Is this what drives social entrepreneurs? 
In “Theory of Moral Sentiments,” Adam Smith acknowledges how human beings’ sense of attachment and desire to help others can, likewise, influence their economic behaviour. Is this second invisible hand what drives social entrepreneurs? Filipe Santos, Visiting Professor of Social Entrepreneurship at INSEAD, seems to think so.   Manila Times
The Philippines – 24 February

Why is Trump hitting South Korea harder? 
Antonio Fatas, Professor of Economics at INSEAD, comments on why the Trump administration is taking a harsher stance on South Korea. He says that Trump has started translating his protectionist speech into actions by picking on a few goods and on a few countries.  The Korea Times
South Korea – 24 February

Being ‘radically honest’ in the workplace
Erin Meyer, Professor of Organisational Behaviour at INSEAD, comments that there is definitely a buzz about radical honesty in Silicon Valley and in many other companies. She says that there’s a sense that we have to be much more transparent and much more direct in the type of feedback that we give to one another. That is challenging, particularly for companies expanding into emerging market countries they are much less direct with negative feedback. HR Magazine
UK – 23 February

Learning from the best in the gig economy
INSEAD Associate Professor of Organisational Behaviour Gianpiero Petriglieri’s latest research shows how people can thrive as independent workers in the gig economy. Published in theAdministrative Science Quarterly, his co-authored study answers the question: How do you make a work life work when you have to set it up yourself?  myScience 
Switzerland – 21 February

Breaking down the art of negotiation science
Negotiation skills become a science, just like most knowledge translates to science, explains Professor Horacio Falcao, Senior Affiliate Professor of Decision Sciences at INSEAD. Professor Falcao is renowned for his continuous research on negotiation science, and was speaking to the Daily FT whilst addressing a forum in Colombo last week titled ‘The Myths of Win-Win’. The FT Daily
Sri Lanka – 20 February

The AI debate we need
INSEAD Innovation and Policy Initiative Academic and Executive Director Sami Mahroum tells us that rapid advances in artificial intelligence and related technologies have contributed to fears of widespread job losses and social disruptions in the coming years, giving a sense of urgency to debates about the future of work. Project Syndicate
UAE – 16 February

 

Another free Webinar for NAA members + other INSEAD news!

TITLE:     The Rise of the Product Manager (and the skills they may not realize they need) 

 

Hear Noah Askin, Professor of Organisation Behaviour & Director of INSEAD’s Product Management Executive Programme, speak about the growing role and prominence of product management within companies and how product managers will need new skills to take their seats at the leadership table.

This 60 minute LIVE WEBINAR will take place on Tuesday, 27 February at 12:00 – 13:00 CET.    

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.

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. Find out more here

 

The French President Moves to rebrand Paris as Business Friendly

French President Emmanuel Macron wants to revitalise the French economy and eliminate Paris’ reputation of a destination that is unfavorable to investors and entrepreneurs. INSEAD Deputy Dean Peter Zemsky told FRANCE 24 that Paris was recovering from a shallow point both regarding perception and terms of policy. One of the factors that have hindered investors and business people from starting their business in France is the reputation of labour laws, high taxes and bureaucracy.  French Tribune
France – 30 January
In French

 

Buybacks are not guilty of all the FT’s charges 

Théo Vermaelen, Professor of Finance at INSEAD, shares in a letter to the FT that he believes share buybacks are less guilty than the Financial Times makes it sound in “The case against share buybacks” (Lex in Depth, January 30). 

Financial Times
UK – 7 February 

 

These are the best countries and cities for attracting and developing talent

When it comes to making a country, a city or an organisation competitive, there’s an essential ingredient: People. For the last six years, the Global Talent Competitiveness Index (GTCI) has ranked countries and major cities on their ability to attract, develop and retain talent.

Other features: 
China – Jiemian (In Chinese)
Indonesia – Kompasiana (In Bahasa Indonesian)
Portugal – Jornal Economico (In Portuguese) The World Economic Forum
Switzerland – 7 February

 

 

INSEAD in the NEWS

Interview Live from Davos 
Peter Zemsky, INSEAD Deputy Dean and Dean of Innovation, was interviewed ‘live’ during the World Economic Forum at Davos. He predicted that French President Macron will play well and drive further momentum in the rebranding of France as more business and innovation friendly. France – January

 

2018 Global Talent Competitiveness Index: Talent Diversity and Competitiveness will fuel the future of work
The 2018 Global Talent Competitiveness Index (GTCI) report found that Switzerland still leads the way in terms of talent competitiveness, followed by Singapore and the United States. Bruno Lanvin, INSEAD’s Executive Director for Global Indices, and Paul Evans, INSEAD Emeritus Professor of Organisational Behaviour, who are also the co-editors of the report, explain the countries’ performance. Peter Zemsky, Deputy Dean and Dean of Innovation of INSEAD, also stresses that “Diversity is a crucial leverage for innovation”.

INSEAD in the NEWS

Why diversifying your business doesn’t always bring success
When entering any new industry, strategy should come before size and if businesses do choose to diversify, there are plenty of positive examples to follow. INSEAD Professor of Strategy Andrew Shipilov explains the differing reaction to Dyson and IKEA’s respective moves. “There are two kinds of diversification: related and unrelated. The latter involves businesses entering markets in which they have no related resources. However, the more that businesses move away from their core competencies, the greater the chance of problems emerging.” European CEO
UK – 22 January

Should virtual coin trading be banned?
Massimo Massa, INSEAD Professor of Finance, comments on regulations on virtual coin trades and says that “The simplest way would be to have disclosure and/or restrictions of trades that restricts to sort of qualified investors, the same restrictions that discriminate between trading in regulated stocks exchanges and OTC (over-the-counter).”  Korea Times
Korea – 17 January

Risks to watch for in European markets 
Antonio Fatas, INSEAD Professor of Economics, says that instead of euro strength, European politics are what could potentially derail growth in the region. CNBC Asia 
Singapore – 17 January

The Gender Case Gap
INSEAD Professor of Entrepreneurship and Family Enterprise Henning Piezunka has thoughtfully written about the importance of promoting gender balance in academia (Male Professors Can (and Should) Promote Gender Balance) and confirms that issues are part of a wider context. Connect (The Case Centre)
UK – 16 January

Is won on course toward 3-digit level?
Antonio Fatas, INSEAD Professor of Economics, says that it is important to pay attention to the movement of the Korean won against other major currencies, such as the Euro, to see how the fluctuations will translate into the economy. He also expects that the won’s movement against the greenback to possibly affect exporters, but its effect won’t be that large for several reasons. The Korea Times
South Korea – 15 January

INSEAD in the NEWS

Multicultural members boost team performance
According to new research by Sujin Jang, INSEAD Assistant Professor of Organisational Behaviour, multicultural individuals can enhance the creative performance of diverse teams. These individuals can act as ‘cultural brokers’ within such teams, whereby they facilitate interactions between individuals across cultural boundaries.
Other coverage:
Singapore – HRD Asia

 

Hiring managers guilty of beauty-bias 
According to research conducted by INSEAD, employers are less inclined to choose attractive candidates when they’re recruiting for menial jobs that are considered less desirable. Stefan Thau, INSEAD Professor of Organisational Behaviour, says that “people are judged according to the ‘what is beautiful is good’ bias,” and that “as with any discriminatory hiring practice, a looks-related bias of any kind threatens to degrade a company’s talent pipeline.”  Human Resources Director
New Zealand – 12 January

 

In high gear
Antonio Fatas, INSEAD Professor of Economics, says that the global economy slowly improved its outlook in 2017 through a combination of a recovery from the global financial crisis and the fact that “potential risks have not materialised”. “You put all of this together and you see that all engines of the world economy are working. Asia is a reflection of what is happening in the world.” China Daily Asia Weekly
China – 8 January

INSEAD Executive Education – Courses coming up!

INSEAD Executive Education in 2018

INSEAD’s broad range of high-impact learning experiences cater to all career levels and development needs, from general management and leadership to specialist skills.

At INSEAD, you will learn from world-class faculty who draw upon real-world experience to help you refine your judgment, enhance your decision-making skills and increase your confidence as an agile leader.

Develop your career in 2018 with our General Management and new programmes.

Click here to see the courses on offer

INSEAD #1 Again and other NEWS

INSEAD tops the Poets&Quants’ international MBA ranking for the third consecutive year
For the third consecutive year, INSEAD has topped Poets&Quants’ (P&Q) 2017 international MBA ranking. The P&Q ranking is a composite of four major, most credible MBA rankings published by theFinancial Times, The Economist,Bloomberg Businessweek and Forbes. The achievement in the composite ranking firmly cements INSEAD’s position as the world’s leading international business school.  Poets&Quants USA – January 
Original article from Poets&Quants: 
The 2017 Best International Business Schools

How Football can change what you eat 
Believe it or not, football can have an affect on how you eat. The study conducted by INSEAD Professor of Marketing Pierre Chandon, found that the day after watching your favorite team lose, you are likely to consume 16-28 percent more high-calorie, high-fat foods than average.The study found that junk food eating is actually a form of self-medicating. You feel down about the loss and the high-calorie foods provide pleasure for your brain. Fun 107
USA – 4 January

How You’ll Look For A Job In 2018
Five percent of more than 13,000 workers polled by SurveyMonkey and INSEAD say curiosity “should be in the top two most rewarded employee characteristics to help companies change and adapt for the future.”  Fast Company
USA – 1 January

Singapore Tonight News: Professor Chattopadhyay Interview in Channel News Asia
(Interview segment starts at 9:25 min)
Amitava Chattopadhyay, INSEAD Professor of Marketing, discusses how Singapore Airlines (SIA) sudden reversal of decision to charge consumers an additional credit card transaction fee will impact its brand and what the airline could have done before implementing such fee changes.   Channel NewsAsia
Singapore – 4 January