Research news
The latest research from London Business School
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The Hoare Govett Small Companies Index Report, published by RBS
Mid and small-cap companies had their best share price performance since 1977, according to new research by Professors Dimson and Marsh.
The HGSC Index report, published today by The Royal Bank of Scotland plc (RBS) and London Business School professors Elroy Dimson and Paul Marsh, shows that in 2009 mid- and small-cap companies had their best share price performance since 1977. This was only one of the many striking reversals from the previous year.
19 Feb 2010
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Award of ERC Research Grant to Phanish Puranam
Dr Phanish Puranam receives funding on a competitive basis from the European Research Council (ERC).
We are delighted to announce that Dr Phanish Puranam has received funding on a competitive basis from the European Research Council (ERC). The grant, which amounts to €378,000, has been awarded for a three-year research programme that Phanish will conduct on ‘The Foundations of Organization Design'.
Over 2,500 applications from the physical, social and life sciences across Europe were submitted to the ERC under the second round of this scheme, and the ERC chose to fund less than 10% of these proposals.
This award was made under the ERC's second competition for the Starting Independent Investigators scheme. The ERC is the first pan-European funding agency for investigator-driven frontier research - the "Pursuit of questions at or beyond the frontiers of knowledge, without regard to established disciplinary boundaries". Its main aim is to stimulate scientific excellence by supporting and encouraging the very best and truly creative scientists, scholars and engineers to be adventurous and take risks in their research. This award will provide resources to support teaching buyouts, research assistance, and direct research expenses.
In response to the award, Phanish said: "Organization design is an important part of what senior managers do, and is the most important lever for the implementation of strategy. Developments in organization theory have unfortunately not kept pace with the experiments being conducted in the world of practice. I intend to use this grant to work towards improving the theoretical foundations of the study of organization structures and designs. I am fortunate to have excellent doctoral students and colleagues at London Business School to accompany me on this journey. "
Phanish is an Associate Professor in the Strategic & International Management Area. He holds a London Business School Term Chair and is Co-Director of the Aditya Birla India Centre.07 Dec 2009
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The Innovation Solution
Businesses today must operate in a world of intense competition. Add in the vagaries of an economic downturn and the marketplace can seem more like a jungle. But can strategy guide a business operating in a "jungle" environment?
Is this the best time to focus on innovations or would it be better to wait for more stable market conditions? Stuart Crainer spoke recently with Costas Markides about the best way to manage in the current business climate.
16 Nov 2009
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Building the high-flex, high-value HR team
In many companies, the human resources function is considered necessary, but minimally important. Douglas Ready strongly disagrees and argues that a shoddy HR function will keep the rest of the company from high achievement. It’s time to develop the people who are in charge of developing everyone else.
The answer to the question of who will lead a turnaround successfully in today's troubled time is simple: it will be the leaders of those companies that are able to re-purpose their organisations, strengthen mission-critical capabilities and bring their people together in a powerful and unified way toward building a compelling future enterprise. These challenges, however, have more to do with an organisation's capacity to mobilise its people than its capacity to make brilliant strategic decisions.
16 Nov 2009
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Why entrepreneurs need to understand the route from A to B
Professor John Mullins has examined the entrepreneurial world from a myriad of different angles. His latest book, Getting to Plan B, provides yet another unique slant on entrepreneurial endeavour.
In the downturn, starting your own business can seem even riskier than normal. But, spending time in a class run by London Business School's entrepreneurship expert Professor John Mullins provides persuasive hope. "In their talented hands London Business School MBA students hold a considerable portion of the economic development potential of the 120 plus countries from which they come. Our evidence indicates that as many as half of them will have started or bought a fast-growing business by the time they are 5-10 years out of their MBA programmes. Helping to equip them for the inevitable challenges every entrepreneur encounters is one of the most important and enjoyable things I do," says Professor Mullins.16 Nov 2009