Monthly Archives: November 2013
Hal Gregersen on Executing on Disruption
INSEAD Professor of Leadership Hal Gregersen, coauthor with Clay Christensen and Jeffrey Dyer of The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators and recently shortlisted for the global Thinkers50 2013 “Innovation Award”, explains in this video what sets disruptive leaders do to develop new ideas for their businesses.
Alumni Newsmakers in Switzerland
INSEAD receives a $5 million donation to expand Leadership Development Centre in Singapore. The StraitsTimes reports that André Hoffmann, who holds an MBA from INSEAD and is the vice-chairman of F. Hoffmann-LaRoche in Switzerland has donated. USD 5 million to the school to support the expansion of the campus in Singapore. In a statement released on Wednesday, Mr Hoffman said: “Insead provided me with a priceless asset: deep business insight and a global vision of management…Preparing for the future is a fundamental requirement of leadership and I consider it a moral obligation to contribute to the education of tomorrow’s global leaders.”
Gianni Onorato is new CEO von MSC Cruises
Wolfgang Wandhoven appointed CFO of Sanitas
Michael Kende Joins Internet Society in Geneva as Chief Economist | Internet Society.[Washington, D.C. and Geneva, Switzerland] – As the first Chief Economist of the Geneva-based Internet Society, Michael Kende will be responsible for leading economic research and analyses and providing leadership on key Internet development, policy, market, and technology issues.
Alumni take to the pitch for INSEAD’s Global Day | Al Bawaba.INSEAD’s UAE based alumni recently held a day of activities in Dubai to mark Global INSEAD Day, a special day of celebration of the school’s community and values. INSEAD Alumni from India and Pakistan held a panel discussion on the normalization of trade between the two countries. In addition to the panel discussion, the alumni from India and Pakistan held a cricket match at the Cricket Stadium, Dubai Sports City, which was won by the alumni from Pakistan.
Forbes India Magazine – Is There Life After an MBA?.Whatever you expected when you entered the degree programme, it all looks different ten years hence. An INSEAD case study draws lessons on career success and personal fulfillment from the lives and work of the MBA class of 2002
The Universities That Produce The Most CEOs – Forbes.In an article that accompanies the list, THE interviewed Odgers Berndston, a partner at one of London’s top headhunting firms, who said that a degree from a school with a strong reputation can help an executive get ahead on the path to the C-suite. “There is an elite group of top universities that stand out,” Berndston told THE. “If you have been to Harvard, Oxbridge or INSEAD, that has an impact.”
A Chanson For Our Anciens Amidst the abiding clamour for a spot in business schools in the US and India, French B-schools have led a Gallic charge right up the global rankings list. In 2012, the Financial Times ranked two of them (INSEAD and HEC) in the top 20 list. These institutions have attracted growing numbers of Indian students to a country that was long passed over for natural Anglophone favourites like the US, Britain and Australia. Together with Sciences Po, Paris, another top-ranked social sciences school, these French institutes have firmly positioned themselves at the roots of a fledgling but sizeable network of anciens in India.
Inside Google Zürich: Innovation and Ideas for Business and Brands
Do you think you know Google? If you think it is all about search, maps, Gmail, Android, and AdWords, you would be right, but INSEAD Alumni learned in October that Google has a greater mix of services that can be tapped by businesses and brands, some that are available for free and some for-a-fee.[pullquote align=”left|center|right” textalign=”left|center|right” width=”30%”]The sold-out networking event in Zürich featured three speakers from Google[/pullquote]
The sold-out INSEAD Alumni Association Switzerland networking event in Zürich, organized by Matthias Frieden (MBA05), featured three speakers from Google’s Zürich R&D Center:Patrick Warnking, Google Country Manager, Switzerland, along with two INSEAD MBA alumni, Raphael Leiteritz, Group Product Manager for Google Maps (MBA04) and Daniele Rizzetto (MBA02) Head of StreetView Operations. They presented some of Google’s products, services, and its ideas to more than 80 members and special guests of the INSEAD Alumni Association Switzerland.
Do you know Google Zürich?
- 1,100 employees at the R&D center in Zürich.
- Google’s largest engineering group outside of the US
- Engineers in Zürich work on Google Maps, Search Refresh, Gmail features, YouTube, Apps for enterprise, Emerging Markets, and Street View Operations
Do you know Google’s Corporate Culture?
- Think Big: The main driver of product development is the desire to serve billions of Internet users. The Growth of the Internet has just begun. Engineers particularly like the “Think Big” idea because it is a challenge and it means driving fundamental changes with a huge impact due to the sheer number of people a new technology can touch.
[pullquote align=”left|center|right” textalign=”left|center|right” width=”30%”]Big is hard to do. But it means there is less competition.[/pullquote]
- Thinking big means investing in projects and advanced technologies. Big is hard to do. But it means there is less competition. One of its largest ongoing projects is Google Books (formerly Book Search). Google has scanned, converted to text and stored in a digital database more 30 million books. There are few companies in the world today that have the will and the means to do such projects.
- Current examples are self-driving cars, Google Glass, and Loon, a new project (see photo) that aims to develop a lower cost broadband networking solution for the “next two to three billion” Internet users, the ones that don’t yet have high-speed Internet access, neither through mobile or fixed lines.
- Thinking big means stepping past linear or incremental change, in favor of exponential change. Two examples of this kind of strategic thinking are to be found outside Google, in the types of projects undertaken by Singularity University, which has spawned more than 20 startups, each claiming to solve big problems; and the X-Prize, which aims to create a Star Trek-like Tricorder and land on the moon again. It has already developed a much improved oil spill cleanup agent, enabled a super energy-efficient car, and catalyzed a USD 1.5 billion space tourism industry.
- Another noteworthy example of exponential change is the dramatic drop in the cost of DNA sequencing. Even a de-facto standard like Moore’s Law has proven inadequate for prediction in this case. Five years ago the cost of sequencing parts of the human genome was millions of dollars per dataset. Now experts are predicting it will cost USD 100 in 2015 to process a comparable sized dataset.
- Google is transparent to employees, exhibiting a non-hierarchical management structure. It leaves room for employees to “dream”, even disrupt.
- Clear goals for corporate development and innovation are communicated to employees.
- “Eat your own dog food” and measure everything, particularly at the prototype or beta phase: Employees are encouraged to use Google products. The core function of a product manager is to understand the measurement data; Launch early and often; don’t be afraid to fail. Google offers highly motivating financial rewards for successful ideas.
Do you know Google for Brands and Business?
Google Docs: It offers fewer features than MS Word; for example, versioning is not supported. But it does support a revision history of any stored document. The advantage of Google’s solutions is that there are no longer multiple versions of a document being emailed around an organization or a team. It enables better collaboration, meeting real user needs, says Google, and it is designed to support the way people really work: which is collaboratively.
Google Street View: businesses can create a 360-degree, interactive tour in Street View. The images are also accessible when users search for a business on Google Maps.
[pullquote align=”left|center|right” textalign=”left|center|right” width=”30%”]Did you know that Google shares its search data with its users and the research community?[/pullquote]Google Trends:Determining trends from massive amounts of data to make business decisions and better products is a strength at Google, no doubt. But did you know that Google shares its search data with its users and the research community? Trending search terms are graphically represented, reflecting the interests and concerns of Google users since 2004 – for free. The search term data is indexed, supporting the ability to sort data by region, by time, and by city. It is updated frequently, according to the Google Trends website.
Breakthrough trends (where growth is over 5,000%) are also indicated. Features include: “Hot Searches”, “Correlate” (which corresponds with real world trends over time – see image) and “Cold Searches”. The application is primarily used by search marketers and keyword optimizers. But it could be used as prediction tool, and it could be exploited by business and brands for things like competitive intelligence and consumer marketing.
Mobile Rising: A retailer would never have a shop that was messy and disorganized but that is exactly what smartphone users see when they land on a brand or business’ website that has not been optimized for mobile. Google has a solution for that too.
(Download Inside Google Zürich_FINAL)
Byline: Valerie Thompson, MSc
Announcing INSEAD Private Equity Club Networking & Drinks in Zurich
IPEC, formerly IPEN, invites INSEAD Alumni and friends to a Network and Drinks event in Zurich on November 27th. Bring along at least one person from the company you work at or other individuals interested in private equity In order to expand the Private Equity/Venture Capital network. Drinks as well as a selection of finger foods will be served. Thank you for confirming your attendance before November 25th on Amiando The registration site is run by amiando.com, a professional event organizer. There will be no walk-ins, no cash payments on door.
Date: Wednesday Nov. 27th, 2013
Event: IPEC Networking Drinks, Zurich
Program: 18:30 – 19:00 Arrival & welcome
19:00 – 21:30 Drinks & Apéro Riche
Loation: Restaurant Kunsthaus, Heimplatz 1, 8001 Zürich, Telefon: 044 251 53 53
Booking: Registration required on http://www.amiando.com/IPEC