News archive
2013-05-14
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School helps entrepreneurs ride the wave
Business leaders from the Young Presidents’ Organization, a global network connecting successful, young CEOs, are among the world’s best at growing their businesses after attending London Business School’s “Growing Your Business” executive programme.
Even during the difficult economic year that was 2010, more than half the participants grew their businesses in excess of 10% over the prior year. 35 delegates have now attended five or more programmes and been awarded alumni status.
2013-05-14
2013-05-08
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London Business School academic wins finance competition
London Business School's Assistant Professor of Finance, Samuli Knupfer, has jointly won the 4nations Cup at a competition bringing together some of the finest minds in financial economics.
Professor Knupfer, representing Great Britain together with Stavros Panageas from the London School of Economics, triumphed in the 2013 4Nations Finance Competition, beating off competition from France, Sweden and Switzerland.
2013-05-08
2013-05-07
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Short-termism to blame for bad business, say business executives
77% of leaders believe short-termism has damaged business
More than three quarters of business leaders believe that the search for short-term corporate profitability in the aftermath of the economic crisis has led to poor leadership decisions that damage business, a recent survey reveals.
2013-05-07
2013-05-03
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Power producing windows scoop first prize for clean technology
Dutch students win London Business School’s CleanTech competition
A team of Dutch engineers which has developed coated windows capable of producing their own electricity, has been awarded the London Business School clean technology prize.
Students from Delft University of Technology landed first place and £10,000 for their 'Power Window' concept in the CleanTech Challenge 2013, beating off competition from nine other teams. The challenge was held on the School’s campus on 25-26 April.
Jointly hosted by London Business School and University College London (UCL), CleanTech Challenge, which was launched in 2009 sees students from all over the world develop their clean technology business plans through a three-stage competition. The competition aims to stimulate innovation in clean technology and foster cooperation between students with business and technical backgrounds.
Professor Sir Andrew Likierman, Dean, London Business School, attended the competition said: “The CleanTech Challenge has grown enormously since its inception in 2009. This year over 200 ideas were submitted in the first stage from 28 countries. It is important that we encourage entrepreneurial initiatives and innovation to meet the changing economic and social needs - and that is exactly what a competition like the CleanTech Challenge does. This is a fantastic platform to encourage graduate students from business and engineering schools to take innovative clean technology ideas from the concept phase into business plans for seed funding.”
Judges said they were impressed with the team's Power Window idea, which produces electricity by combining three technologies: luminescence, fibre optic cables and photovoltaics.
The winning team said: "The CleanTech Challenge was an amazing experience, the inspiring atmosphere and professional guidance helped to bring our plans to the next level.
"It is fantastic to have the potential of our idea acknowledged by being awarded the first prize by a panel with so much knowledge and expertise in the field of clean technology."
Aerosol Control Technologies (ACT) from the Washington University of St Louis, Missouri came second with a technology that reduces exhaust emissions from diesel engines.
The CleanTech Challenge has a global reach and has given rise to four national competitions organised in the Netherlands, Belgium, Italy and France.
To find out more information and see a full list of participants click here.2013-05-03
2013-05-02
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London students help school express brand on canvas
Winning artwork showcased at London Business School exhibition
Winning artwork commissioned to reflect London Business School’s promise to give every student a voice and the opportunity to make their mark on business anywhere in the world, will be judged at an exhibition.
2013-05-02
2013-04-30
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Compliance increasingly dominates leaders’ time
Over 50% of leaders say they spend more than half their time on compliance
The number of business leaders spending more than half of their time on governance and compliance has increased from 19% before the financial crash to 50% today, according to a recent survey.
2013-04-30
2013-04-26
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London Business School graduates in top rich list
London Business School is one of the leading universities in the UK for producing wealthy graduates, according to a new report.
2013-04-26
2013-04-19
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London Business School's Wendy Alexander named 'woman to watch' in business
A senior figure at London Business School has been named among the top 100 women leading the charge in British business.
Wendy Alexander features in Cranfield School of Management's '100 Women to Watch' supplement, which lists women that are ready for board positions. The supplement is part of Cranfield's Female FTSE board research report, which looks at gender representation in business.
Commenting on the importance of the next generation of leaders, Wendy Alexander, Associate Dean at London Business School said: “At London Business School we aim to inspire the next generation of business leaders. We anticipate what the well-educated business person of the future needs to know. We encourage people to collaborate for success. Tomorrow’s leaders will have to build global teams drawing on colleagues from diverse cultures, varied markets and multiple professional roles. We are passionate about what we do and we are committed to having a profound impact on the way the world does business.”
Wendy Alexander is a member of the School's Executive Committee team and provides strategic direction and operational leadership for the School’s top ranked degree programmes delivered in London, New York, Dubai and Hong Kong. She began her business career as at Booz & Co and specialised in strategy and organisational issues for global clients. She then worked in Government, subsequently serving as Scottish Cabinet Minister with portfolios including industry, trade, energy and higher education and skills.
According to Cranfield’s report, "These are just 100 of a substantial and ever-growing talent pool of women who search consultancies and nomination committees should be considering."
Cranfield's most recent Female FTSE report found that over the past six months 26% of new FTSE 100 board appointments and 29% of FTSE 250 companies went to women.
The ‘100 Women to Watch’ supplement was introduced in 2009 and the Female FTSE report looks at the progression of women into board positions following a Government-commissioned review that was launched in 2010 and led by Lord Davies of Abersoch. The review calls for FTSE 100 companies to have 25% female representation on their boards by 2015.
To view the report click here.2013-04-19
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Recovering from a love affair with debt
Problems of fraud, mis-selling and excessive leverage tell us that even under the best directors, some banks are too complex for boards to manage with confidence, says a leading academic who gave evidence to the Parliamentary Commission on Banking Standards.
Professor Franks says: “Shareholders of UK banks are highly fragmented even by the standards of dispersed ownership markets – it’s an extreme form of free riding or ‘ownerless companies’ as described by Lord Myners.”
2013-04-19
2013-04-18
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Traditional on-boarding of staff requires a shake-up
Organisations need to radically rethink their traditional approaches to onboarding new staff and reap the benefits, according to a leading academic from London Business School.
Dan Cable, Professor of Organisational Behaviour, London Business School and his colleagues, Francesca Gino, Associate Professor of Business Administration, Harvard Business School and Brad Staats, Assistant Professor of Operations, UNC Kenan-Flagler Business School, studied the onboarding process of various organisations as diverse as Disney and Oracle. They found that onboarding processes seem to share a common goal: to indoctrinate new employees into the organisational culture.
2013-04-18
2013-04-15
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Paradigm Shift: Rethinking investment in tomorrow's world
Today's investment landscape is rapidly changing. What measures should investors take to navigate through and succeed in this fluid and diverse world? This is one of the big questions, which will be addressed at London Business School's 2013 Asset Management Conference.
The theme of the event which takes place on 19 April at London Business School is The Paradigm Shift: Rethinking Investment in Tomorrow's World. Thought leaders will debate the market's dynamics in a post-financial-crisis world tackling subjects such as increased sovereign risk and industry’s ability to harness the burgeoning trend of socially responsible investing.
Political, academic and business thought leaders attending include: keynotes Pål Haugerud, Director General of the Norwegian sovereign wealth fund's asset management department and Ratan Engineer, Partner and Global Asset Management Leader, Ernst and Young.
Panel discussions will include Cynthia Carroll, former CEO of Anglo American plc, James Mackintosh, Investment Editor, Financial Times, and Lord Myners, former Financial Services Secretary.
Emily Archer, Conference Co-chair, said: "We are very excited to be co-chairing what is set to be a fascinating and thought provoking conference, providing a platform to discuss key issues the investment landscape is currently facing.
"We look forward to welcoming our impressive and diverse line-up of speakers, who will no doubt shine new light on the big questions concerning sovereign risk and socially responsible investing."
More event information can be found here.2013-04-15
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Back to School for founder of MOVE Guides
A former London Business School student returned to the classroom recently to talk about her experience of setting up her own business.
Brynne Herbert graduated with an MBA in 2012 and paid tribute to the School for equipping her with the skills, experience and nous required for operating a highly-successful project.
2013-04-15
2013-04-09
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Josef Ackermann to give insider’s view
Ackermann joins big business names at global summit
Josef Ackermann, Chairman of Zurich Insurance Group and Vice-Chairman of the World Economic Forum’s Foundation Board, will give an insider’s view on life after the financial crisis at London Business School’s Global Leadership Summit in collaboration with Deloitte.
2013-04-09
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LBS team comes third in prestigious marketing and business case competition
A London Business School team came third in the Lessons in Marketing Excellence (LIME) competition in India, competing against national and global business schools.
From over 650 original entries, the London Business School team was selected to compete in the grand finale held in Bombay, India. The competition was hosted by Hindustan Unilever Limited and CNBC-TV18 and judges included a founder of Hirco and co-founder of the Hiranandani Group, a Senior Manager at Housing Development Finance Corporation Ltd, a Chairman at Praron Consultancy and an Executive Director at Hindustan Unilever.
For each round the contestants were asked to come up with the innovative, cost effective solution to a problem. In the final round, they were asked to come up with an answer to the pressing issue of how to increasing the supply of affordable housing in urban India.
The team was made up of Matt Stiles, Dipa Balakrishnan and Hyeyoung Lee, all MBA2014.
Congratulations to the team on achieving third place, and on being the only international team to reach the final.2013-04-09
2013-04-08
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1 in 10 CEOs lack critical confidant
One in 10 CEOs say they lack someone to tell them hard truths and challenge their viewpoint, according to research by evolutionary psychologist and organisational behaviour expert Professor Nigel Nicholson.
Nigel Nicholson, Professor of Organisational Behaviour at London Business School and author of new book The ‘I’ of Leadership: Strategies for Seeing, Being and Doing (Jossey-Bass, 2013), has conducted a study, which finds that one in 10 CEOs lack this critical leader relationship. An even larger number avoid confiding in anyone inside their organisation because they have no boss to turn to and lack sufficient trust in all other professional relationships.
2013-04-08
2013-03-28
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Making sense of big data
London Business School students take to the challenge
2013-03-28
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Coveted accolade awarded to London Business School professor
First female recognised with European economics award
Hélène Rey, Professor of Economics at London Business School, has received the prestigious Yrjö Jahnsson Award, in recognition for her original contributions to international finance.
2013-03-28
2013-03-21
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Expert warns investors to brace themselves
A London Business School academic expert has advised investors to brace themselves for lower than expected stock market returns over the next three decades.
Speaking at the National Association of Pension Funds investment conference in Edinburgh, Emeritus Professor Paul Marsh predicted that real returns from global equities would be "a little over 3%" over the next 30 years.
"Marginally positive" real bond returns could be expected, he said, with those from cash being negative in real terms.
Paul Marsh, Emeritus Professor of Finance at London Business School said: “People have come to view the returns investors have enjoyed from equities during the second half of the 20th century, as normal.
“Since 1950 global investors have benefited from wonderful real equity returns of 6.8% per annum with the generation born from 1980 seeing incredibly high real bond returns of 6.4% per year, while cash has generated real returns of 2.7% since 1980.”
But Emeritus Professor Marsh said lower real equity returns would result from lower interest rates, warning fund managers: "This is not a prediction for the rest of this year or the next five years, but the next 30 years. As an industry you should not be in denial nor should you bank on equities to bail you out.
“These projections still imply that investors can expect (but with no guarantees) that equities will double, relative to cash over the next 20 years.”
The research on which these projections are based was conducted with Elroy Dimson and Mike Staunton and published in their recent Credit Suisse Global Investment Returns Yearbook 2013.2013-03-21
2013-03-13
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Lynda Gratton makes top ten influential professors list
Four London Business School professors listed as most influential
Lynda Gratton, Professor of Management Practice in Organisational Behaviour at London Business School, has been named among the top ten of the most influential business professors of 2013.
2013-03-13
2013-03-08
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International experience drives fast-track career progression for North American women
80% cited “international network” as main reason for studying in Europe
Women, now more than ever, are graduating with MBA degrees and many are choosing to study for them in Europe because of the international network, according to new research commissioned by London Business School.
The project, led by the Forté Foundation, a U.S.-based non-profit that works to advance women in business, interviewed a selection of North American women enrolled at the top five European MBA programs to gather qualitative insight and form a hypothesis as to what their profiles were. This was followed by an online survey of North American women enrolled at those five schools to verify and refine the hypothesis through the collection of quantitative data.
An overwhelming majority (80%) of North American women say the reason they chose to study for an MBA in Europe was for the international network. Additionally, 91% of those surveyed said that it was the diversity of their student classmates that attracted them to their European MBA programme.
“If you want to get noticed by CEOs of organizations, you need to have two things: international experience, which speaks to your network and your ability to operate globally, and P&L experience,” said Wendy Alexander, a former Member of the Scottish Parliament, who now serves as the Associate Dean at London Business School for Degree Programmes and Career Services.
“Women who have realized this will go the farthest in their careers, because they will have the X factor for the future: experience, expertise and cultural awareness. Moreover they will be highly qualified for global roles where they can shine early by delivering growth in new markets.”
As of November 2012, there were 141 North American women enrolled in MBA programmes at five of the leading European business schools: London Business School (45%), HEC Paris (11%), INSEAD (33%), IE Business School (7%) and SDA Bocconi (10%). 65 women responded to the online survey.2013-03-08
2013-03-07
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Businesswomen reveal secrets to success
Collaboration not competition is what creates value in an organisation, according to leading businesswomen who revealed the secrets to their success at London Business School’s Women in Business Club conference.
Sally Tennant, CEO of Kleinwort Benson and Gillian Channer, Senior Director of Business Operations at Oracle were among those who spoke at the event. The event was designed to explore how women can best manage career change and development.
The theme of the School's Women in Business Conference which took place on 1 March, a week before International Women’s Day, was navigating the channels of change. Students, alumni, staff, corporate partners and members of the public heard from a diverse range of speakers and two candid panel discussions debated the changing role of women in business and how to manage career change.
Wendy Alexander, Associate Dean, Degree Programmes and Career Services, London Business School, remarked on the changing role of women in business: “Women’s leadership is coming of age. Women typically “do” teams, thrive on collaboration and prize diversity. So as global economic activity shifts relentlessly east, global businesses have to identify those leaders most able to harness highly diverse, global teams.
“Business leaders are increasingly recognising that women are at the heart of those high performing global teams delivering growth. The “Old boys club” is not only past its sell by date, it is fundamentally ill-suited to delivering global growth.”
The conference gave attendees the chance to hear from successful businesswomen, who each revealed the secrets to their success and offered priceless advice. It involved talks from women who have successfully started up their own businesses, switched industries and managed changes in their family lives before going on to enjoy impressive careers.
Other speakers included: Sophie Turner-Laing, Managing Director of Entertainment, News and Broadcast Operations at Sky and Demetra Pinsent, ex-McKinsey Partner and CEO of Beauty Start-Up.
Those attending the conference were also given tips on weighing up tough career decisions and meeting other ambitious women ready to take on future career change.
London Business School is one of more than 100 business schools and professional organisations around the world who are members of the Global Board Ready Women group. More information can be found here.2013-03-07
2013-02-20
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Beyond Heroes, Villains and Scapegoats – The Future of Leadership
Big business names to speak at Global Leadership Summit
World-renowned business leaders are among the high profile line up of speakers who will debate the need for new models of leadership at London Business School’s Global Leadership Summit.
The Summit speakers include:2013-02-20
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Short termism stunts innovation
Managers should be more broadminded and focused on the long term
By taking on challenging projects and cases, companies are forced to rethink standard approaches, leading to an increase in experience, learning and innovation, according to London Business School research.
The research, entitled ‘Selection at the Gate: Difficult Cases, Spillovers, and Organisational Learning’, looks specifically at the success rates of fertility clinics. Freek Vermeulen, associate professor of strategy and entrepreneurship and his co-author Mihaela Stan found that the fertility clinics that admitted fewer difficult cases initially enjoyed higher success rates in terms of live births. However, this advantage disappeared quite rapidly as the clinics that treated relatively higher numbers of difficult cases and were more inclusive learned quicker from prior cases and in the long term they saw higher success rates. Admitting more difficult cases enhances learning because it requires organisations to depart from routine processes.
In a business environment, often when organisations and managers are faced with pressure they turn to short-term solutions such as downsizing programmes, adopting new process management systems and outsourcing jobs to maximise results. These short term solutions are often at the expense of a long-term competitive advantage for organisations.
Discussing the findings’ implications on the business world, Dr Vermeulen said: “Some of the popular management practices really make firms shoot themselves in the foot; they generate great results in the short-run by implementing short term solutions such as outsourcing but it can make a company much worse off in the longer term. The problem is, managers only see and understand the short-term benefits. The message to managers is they need to be more broadminded.”
The long term advantage can be attributed to the organisations that take on more complex cases that forced them to step away from routine processes and be forced to consider new solutions.
Dr Vermeulen concluded: “Many organisations, companies and institutions choose to build their strategies around guaranteed short term success, rather than achieving it through risk and failure over the long term. The advantages achieved from quick wins from guaranteed success were seen to wear off rapidly.
“Doing more difficult cases fosters an environment of working differently across an organisation, gaining deeper insights and can set them apart from the competition.”
To see the research paper please click here2013-02-20
2013-02-15
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'Thanks for the diamond ring, but you shouldn’t have spent so much!’
Women’s appreciation of engagement rings not based on cost
Love is in the air and with Valentine’s Day just past, coupled-up men wanting to pop the question on the most romantic day of the year may be inclined to think that the more expensive the ring, the more appreciative their fiancée will be. Research from London Business School, however, shows that a shows that a woman’s appreciation of her ring is not strongly based on cost.
A study co-authored by Dr Gabrielle Adams, Assistant Professor of Organisational Behaviour at London Business School, discovered that men believe the more they spend on an engagement ring, the more appreciative the receiver will be. However, in reality women are not more appreciative if the cost is more, according to the outcomes of the study.
Dr Adams said: "Our study suggests that men may not need to spend as much as they think they do on an engagement ring. Women’s appreciation levels were less strongly correlated with the estimated price of the ring.”
The study asked recently engaged Americans from a popular weddings website to complete a survey, assuring participants that their answers would not be shared with their fiancée. In the study, ring-givers predicted higher feelings of appreciation from price than the receivers, who reported no difference in appreciation for an expensive ring than an inexpensive ring.
With research suggesting that men can often spend the equivalent of three month’s salary on an engagement ring, the study offers some timely comfort to those shopping on more of a budget this Valentine’s Day.2013-02-15
2013-02-12
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Investors are in denial
Savers and investors need to be more realistic about this new, low-return world
Historic lows for interest rates and bond yields mean low prospective returns on all assets, according to London Business School authors of the 2013 Credit Suisse Global Investment Returns Yearbook, Elroy Dimson, Paul Marsh and Mike Staunton.
Professor Paul Marsh said: “Although we have been living with low rates for several years, many investors still seem in denial. Return projections by asset managers, retail savings product providers, pension funds, and even governments are often still too high. Such optimism is dangerous, because it misleads, and it also masks the need for remedial action.”
The Yearbook comprises feature articles, together with profiles of 22 national and three regional markets. It covers the five main asset classes, with a dataset that spans 113 years from 1900 to the present day. The 2013 Yearbook includes three new countries, Austria, China, and Russia.
The inclusion of Russia and China, where investors lost everything in 1917 and 1949 respectively, allows the authors to explore the impact of survivorship bias, and to estimate the long-run, historical, worldwide equity risk premium on a survivorship-free basis.
The low-return world
The first feature article in the 2013 Yearbook examines the new investment landscape that we face following the financial crisis. It shows that:
• Extrapolating the high bond returns of the last 30 years would be fantasy
• Future bond returns are likely to be low, as indicated by current yields
• Future returns on cash are likely to be even lower, at least for a generation
• When real interest rates are low, real equity returns also tend to be low
• The annualised future equity risk premium is also likely to be lower than over the second half of the 20th century
• Many investors are still expecting, and even banking on, unrealistically high returns
Mean-reversion
The second article in the Yearbook addresses the claim that equity and bond returns revert to the mean. If this were true, it would reduce risk, and provide market timing signals to help boost investors’ returns. The authors’ research reveals that:
• Higher returns have tended to follow periods when prices were low relative to fundamentals, and vice versa, when viewed over history
• But this relationship is weak, “noisy”, and fallible, giving many false signals
• Some markets take a long time to revert and some never do
• More fundamentally, when judgments about whether prices are “low” or “high” are based not on the entire history of returns, but solely on what investors would have known at the time, mean reversion loses its power
Professor Elroy Dimson explains: “Much of the evidence for mean-reversion is based on optical illusions based on hindsight. Investors – who sadly do not have the benefit of hindsight – will find that market timing, using mean reversion rules, is more likely to hurt performance than enhance it.”
The 2013 Sourcebook, which accompanies the Yearbook, provides detailed, long run investment statistics for 22 countries and three regions, including the world index. It examines risk over the long run and the historical extremes of investment performance. It documents the global long-term and shorter-term rewards for equity and bond investing.
Notwithstanding their recent rally, equities have mostly disappointed since the beginning of 2000. However, over the long run, the Sourcebook shows that they have beaten inflation, bonds and cash in every country with a continuous 113-year history.
The Sourcebook also reports:
• a size premium (the amount by which smaller companies outperform larger ones) that has been positive over long intervals and many countries
• a value premium (the amount by which value stocks outperform growth stocks) that has been larger than the size premium
• an income premium (the amount by which high-yielding stocks outperform low-yielding stocks) that has been larger than the value premium
• a momentum premium (the amount by which past winners outperform past losers) that is largest of all2013-02-12
2013-02-11
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Cautious optimism about future
The worst is behind us. That was the sentiment identified by the six London Business School professors who attended the World Economic Forum in Davos.
Resilient Dynamism was the theme of the 43rd World Economic Forum in January, where the debate among some of the world’s most powerful people was guardedly optimistic, while warning against complacency.
“The optimism for recovery is there,” Axel A. Weber, Chairman of the Board of Directors of UBS, Switzerland, and a Meeting Co-Chair, declared. “The feeling is that the worst is behind us.”
Professor Costas Markides thinks that part of the solution to a range of pressing issues from the future of Europe to the transformation of the healthcare sector, is “Citizen power”.
“In the past, we needed hierarchies such as firms or governments to undertake major projects or major change efforts,” he says. “Now, we can have thousands of people, spread all over the world undertaking major projects without any of them belonging to the same hierarchy in a team or firm. We have the tools now to mobilise thousands of people and to coordinate their efforts towards a common goal without having them be part of a hierarchy. This is exciting!”
Professor Lynda Gratton believes one of the most pressing issues is youth unemployment. “For me, one of the emerging challenges of Davos was around youth unemployment, while one of the strongest threads of opportunity was the relentless advance of learning technologies. Combined, these two developments could lead to the paradoxical situation of highly educated people with no jobs”, she says.
Fellow Co-Chair Frederico Curado, President and Chief Executive Officer of EMBRAER, Brazil, agreed. “Jobs are the main issue. Unemployment is a huge issue for everyone,” he said.
In an echo of Professor Markides comments about supplanting traditional hierarchies, Professor Gratton says: “There has been talk about fundamentally restructuring education for years. In fact, some have seen education as the last bastion of traditional hierarchical practices. Luckily, it seems that the momentum for education for all is finally beginning to build, fueled by lower-cost computers, greater levels of connectivity, and a willingness from some teachers to make their classes available online for free. As a consequence, there are those who say that, perhaps within the next five years, the education landscape will be profoundly transformed.”
Christine Lagarde, Managing Director of the International Monetary Fund, has also added her voice to the movement for maintaining reform momentum in pushing through the necessary restructuring, which will be pivotal in determining whether 2013 is make-or-break for the global economy as a whole.2013-02-11
2013-01-30
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London Business School’s Masters in Management graduates in great demand
95% in employment within three months of graduation
2013-01-30
2013-01-28
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Highest salary increase of top five schools for London Business School’s MBA
London Business School’s MBA continues to prove its earning potential in a tough economic climate, by scooping the highest salary increase of the top five schools in the 2013 Financial Times MBA ranking.
With a 124% increase in pre-MBA salary and a 92% rate of employment within three months of graduating, London Business School students face a bright and rewarding future.
2013-01-28
2013-01-21
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A picture speaks a thousand words
London Business School launches a competition with Camberwell College of Arts
London Business School has launched the ‘Find Your Voice’ competition to commission works of art that embody the School’s promise to give every student a voice and the opportunity to make their mark on the world.
The competition in partnership with The Communications Agency (TCA) and Camberwell College of Arts invites students from Camberwell College of Arts to create and submit a work of art executed in graphics, illustration or fine art photography.
The chosen artwork will be used in London Business School’s communications to reflect the School’s brand promise and values. Each student will individually interpret the brief and create an original image inspired by the brand promise, “find your voice”.
30 pieces of art will be selected from the submissions to form part of a prestigious, curated exhibition at London Business School’s Regent’s Park campus in April 2013.
A panel of judges from London Business School, TCA and Camberwell College of Arts, will pick the top three pieces, for which prizes will be awarded. London Business School’s community will also have the opportunity to vote on its favourite piece and a People’s Choice Award will be given to the winner.2013-01-21
2013-01-16
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Spectacular performance in 2012 from small- and mid- cap UK companies
“2012 was a spectacular year for investors in small and mid-sized UK companies” according to London Business School emeritus professors Elroy Dimson and Paul Marsh, authors of the Numis Smaller Companies Index (“NSCI”) Annual Review, which was published today by Numis Corporation.
Elroy and Paul continued: “Last year, smaller companies provided a return of almost 30%, which equates to twice the rate of return they have achieved over the 58-year history of our index”.
2013-01-16
2013-01-08
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Graduates set to take on digital fashion world
London Business School graduates are set to give fashion leaders like Victoria Beckham a run for her money, with their own e-commerce project.
Victoria Beckham is set to launch her online digital store in the Spring, which will give users a more interactive atmosphere where they can get updates or share and discuss items of clothing and accessories on social networking sites.
2013-01-08
2012-12-20
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Toy drive boosts festive fortunes
Staff and students at London Business School have donated 500 Christmas presents for local youngsters in the ward of Church Street.
The area in Marylebone is among the top 5% most deprived areas in England, with high levels of unemployment, crime and inadequate housing.
2012-12-20
2012-12-12
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London Business School backs initiative for board-ready women
London Business School has today welcomed the launch of an initiative designed to help promote and connect board-ready women with executive search firms, companies, investors and those looking to make board appointments.
The Global Board Ready Women (GBRW) searchable database has been developed in response to global corporate governance needs for more gender diversity on publicly quoted company boards in Europe. Women in the group can ensure that their profiles and experience are kept up to date while companies and recruiters can easily search and identify those candidates whose experience most closely match their requirements and contact them directly.
2012-12-12
2012-12-11
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London Business School’s MBA graduates snapped up by business
92% in employment within three months of graduation
Ninety-two percent of this year’s MBA graduates from London Business School found employment within three months of leaving, according to latest figures from the School.
2012-12-11
2012-12-10
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Poor infrastructure is crippling mobile for good
New report maps out the mobile future
Finance and education sectors have the greatest potential for impact from mobile technology according to business executives.
Of the 8,500 business executives polled on this topic by London Business School, seventy-three percent believe that these sectors have the greatest potential for social impact when it comes to mobile technologies.
One in three (thirty-five percent) of those polled said that the biggest barrier to mobile technology realising its potential for social impact was poor national infrastructure. This was more pronounced in developing nations where forty-five percent of those polled cited this as the greatest barrier.
This poll follows a new report, “M World” by London Business School professors Kamalini Ramdas and Rajesh Chandy, which provides unique analysis of how mobile phones are changing the world and the challenges facing the next mobile revolution.
Their research suggests that mobiles are at the cusp of another inflection, with smartphones sweeping the world, prices going down and capabilities going up. Yet with these bright ideas, smart technology and investment there are still a number of obstacles that are standing in the way of mobiles to reach their full potential.
“While the array of initiatives and opportunities is striking, it is notable that few have achieved significant scale in their activities. There is an incredibly dispersed range of people and companies doing interesting and innovative things. But, to date, few have really achieved commercial and popular scale,” lament Ramdas and Kamalini.
For impact at scale, Ramdas and Chandy provide five wide ranging recommendations for those in the mobile world and for policy makers:
1: Define “core” more broadly, invest more aggressively across industry boundaries.
2: Aggregate, consolidate, and coordinate across projects, pilots, and platforms.
3: Organise for innovation
4: Develop the supporting infrastructure
5: Strengthen the evidence base for user demand, commercial viability, and social impact.
“M World” is being published to set the agenda for a one-day conference Mobiles for Good, sponsored by the Vodafone Foundation and London Business School. The conference, on December 10, brings together some of the world’s leading thinkers and practitioners in the mobile world.2012-12-10
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Enterprising students get a feel for business in Africa
London Business School embarks on its second Global Business Experience
London Business School has just returned from its second Global Business Experience (GBE) with 96 of its MBA students heading to Johannesburg, South Africa.
The GBE, a new addition to the full-time MBA programme this year, offers the opportunity for second year MBA students to choose from five locations around the world for a week-long learning experience.
Each GBE is led by two senior faculty members from different subject areas. They are designed to be fast-paced, engaging and demanding, and to push students outside their comfort zone. Students will deliver a group-project working in an unfamiliar environment and with peers with whom they have not worked before.
This GBE’s theme is ‘Entrepreneurship & Economic Growth: The Role of Micro-Entrepreneurs’. Micro-entrepreneurs are often an overlooked aspect of the entrepreneurial ecosystem. This trip will give students a first-hand experience with the business lives of micro-entrepreneurs in a major emerging economy.
Commenting on the GBE, MBA student, Palvi Shah, said: “Africa really is a destination with many exciting opportunities to really capitalise on its future growth potential. For me, which GBE to choose was a no brainer. I grew up in Kenya and have spent the past 13 years in the West. Following the MBA, I am planning to move back to Africa and I would like to learn more about the opportunities available.”
“I think that a week in Johannesburg will help to provide a much better feel for the region and industry. Additionally, this particular GBE has a strong focus on entrepreneurship and social enterprise and is led by leading faculty members from this field. As this is an area of interest for me, it made the Johannesburg GBE the perfect choice.”
Amelia Whitelaw, Associate Director, Global Business Experiences, said: “This is an amazing opportunity for students to gain a better understanding of the relationship between micro-entrepreneurs and the corporate and government sectors in an emerging market”.
MBA students heard from a range of speakers, including Ebenezer Essoka, CEO of Standard Charter Bank and an alumnus of the School, in addition to visiting a number of companies. The students also had the opportunity to work directly with micro-entrepreneurs based in Alexandra a part of Johannesburg, as part of a consultancy project.
Prior to the GBE, the School hosted an in event in Lagos Nigeria where Professor Michael Hay presented to a group of Alumni and prospective students.
In addition to New York and Johannesburg, for the rest of 2012-2013 academic year students will travel to Mumbai, Hong Kong and Istanbul, as part of the GBE.
For further information please visit here. To read more from our students on the GBE, please visit here.2012-12-10
2012-12-04
2012-12-03
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School paper recognised in Warsaw awards
Two students at London Business School have received recognition in the Young Economists competition at this year's Warsaw International Economic Meeting (WIEM).
Giovanni Ricco and Atif Ellahie, both in the third year of their PhD at the School, won the Best Paper Prize category for their work.
Entitled "Spending Reloaded: Heterogeneity and Fundamentalness in Fiscal SVARs", it saw off the rest of the competition to claim the main prize.
Two additional prizes were also handed out at the event. One was awarded to "The effect of unemployment on the mental health of spouses - Evidence from plant closures in Germany" by Jan Marcus, and the other to "Estimation of Linear Dynamic Panel Data Models with Time-Invariant Regressors" by Sebastian Kripfganz, in collaboration with Claudia Schwarz.
"I would like to congratulate all of you for high quality research and for impressive presentations at our conference," declared Max Kwiek, School of Social Sciences - Economics, University of Southampton and Co-organiser of the WIEM.2012-12-03
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London Business School holds onto top three spot in rankings
London Business School has retained third place in the ranking for the third year in a row in the Financial Times European Business Schools ranking of 2012.
The annual ranking is based on the indexed scores achieved by schools this year in the five individual FT rankings including the MBA, Executive MBA, Masters in Management and open and custom education. The School was recognised for a number of achievements including the MBA salary increase of 134%. This salary increase was derived from the change in the MBA class of 2009 average salary today compared to pre-MBA.
London Business School was with good company in the top five with IE Business School (1), HEC Paris (2), INSEAD (4) and Esade Business School (5).
To see the Financial Times European Business School ranking please click here2012-12-03
2012-11-30
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A civil partnership of a different kind for Old Marylebone Town Hall
Westminster City Council has agreed a deal to lease Old Marylebone Town Hall and its Annexe to London Business School.
2012-11-30
2012-11-27
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Energy efficiency, technology and innovation
London Business School’s Global Energy Summit, 30th November 2012
In a world where hydrocarbons are becoming scarcer there is an increasing urgency to address climate issues and determine how can we solve the global energy equation in the future. Ensuring that electricity keeps flowing, financing innovative energy projects in the current market, and navigating the politics of energy exploration and climate change are just some of the key questions that need to be met by today’s energy professionals.
The 9th Annual London Business School Global Energy Summit will host distinguished speakers and panellists at the Willis Building 51 Lime Street, London on 30 November, 2012 for a fullday event look at the role of Energy Efficiency, Technology, and Innovation in meeting the Global Energy Challenge.
Key note speakers include
• Mr. António Luis Guerra Nunes Mexia, CEO, EDP
• Dr. Ivan Marten, Global Leader of the Energy Practice, The Boston Consulting Group
• Mr. Philip Lowe, Director General of Energy DG, European Commission
• Mr. Phil Ellis, CEO, Willis Global Solutions (Consulting Group) London
The two panels will focus on
• Aligning the public and private sectors towards a sustainable energy future - a lot has been said about sustainable energy future and a lot will continue to be said. The focus in on aligning the public and private sectors remains a work-in-progress internationally across jurisdictions. What are the barriers, challenges, and opportunities in setting this agenda, from both sides of the discussion?
• US Shale Gas Revolution and its implications – What is the relevance of that revolution within the European gas markets, and its implications for the long-term solutions mix to our energy and sustainability goals?
“Global Energy Summit will be one the biggest and best student-organised LBS conferences and we look forward to the excellent dialogue between speakers, sponsors, and delegates,” said Laurentino Fernandez, from London Business School’s Energy Club.
The Global Energy Summit (now in its ninth year) has established itself as a leading conference within the Energy sector. The event attracts many industry professionals, advisors, recruiters, media and policy makers, as well as enthusiastic business school students and academic thought-leaders. This year’s projected attendees is 350+, one of the biggest in the history of LBS-run conferences.
The aim of the conference is to give participants in-depth insight as well as a wide scope of the issues that drive business success in the modern energy sector. By doing so, the conference strives to provide a world-class networking opportunity between the current leaders and the future leaders of global energy. Participants will appreciate the ideas and momentum in leveraging theses contacts and insight in creating their own personal and professional success in the future of energy.
For the latest details of the speakers and programme, please visit http://www.lbsglobalenergysummit.com/
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2012-11-22
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MBA mastermind shows the power of sustainability
Keegan Cotton wins the Management Today Sky Future Leaders award
A former student at London Business School has seen his company go from concept to achieving $10m in revenues in less than three years.
Keegan Cotton, who completed the MBA course at the School in 2007, is the co-founder and vice-president of SunDial Power Pods, which produces containerised, mobile, renewable power generators for remote, off-grid environments. Awarded as the winner of the MBA Mastermind category, Cotton is one of five winners of the Management Today Sky Future Leaders Awards.
The 34-year-old initially sold his pods to Special Forces in Afghanistan and now has operations in four continents.
A former US army officer, Cotton recognised the need for renewable solutions for soldiers, reducing the logistical burden of fossil fuels.
Having installed SunDial Power Pod systems in Afghanistan and Nigeria, he is currently working to develop similar products in other African countries.
Cotton, who originally had to fund the business through sales due to limited capital, is also working on offering the system on a leased basis.
"The skillset to operate in remote, hostile environments I may have learned in the army, but my ability to conduct business in these places I learned at London Business School," he said.
The Management Today Sky Future Leaders Awards stemmed from Sky joining forces with Management Today to find those individuals who are most determined to put sustainability at the heart of their careers and ensure their organisations succeed.
To find out more information on SunDial please visit the website here.2012-11-22
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Business Strategy Review wins gong for ‘best corporate publication’
London Business School has received recognition for its Business Strategy Review at the seventh annual CorpComms Awards, which were held in London on Wednesday night.
The School won in the 'Best corporate publication - not-for-profit and public sector organisations' category, with judges describing it as 'an impressive publication'.
2012-11-22
2012-11-21
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School student wins MBA Star Award
London Business School student, Rajal Pitroda, scooped a prestigious prize at a ceremony for high-achieving women on Tuesday evening.
The Forte Foundation Fellow received the MBA Star Award at the Women of the Future Awards on November 20 for her work in creating an educational gaming business for young girls.
2012-11-21
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The changing face of executive recruitment in the Middle East
Leading recruiters share their insights at London Business School’s Middle East Management Forum
Western expatriate talent no longer required in the region, says one panellist
A new era of executive recruitment is quickly unfolding in the Middle East, according to a panel of industry specialists who shared their insights at London Business School’s Middle East Management Forum.
Recruitment trends in the region were discussed by the panel of experts who shared their views on the latest workforce developments being seen in the region. The session was conducted as part of London Business School’s thought leadership forums which provide key insights into the Middle East marketplace.
Sharing their local knowledge and experiences were Dr. Nairouz Bader, CEO of Vision Executive Search, Jonathan Holmes, Managing Director of Korn Ferry International, Mark Houghton, Managing Partner of Odgers Berndtson and Metin Mitchell, Managing Director of Metin Mitchell & Co. Peter Felix, President of the Association of Executive Search Consultants (AESC), moderated the panel.
The session provided in-depth and insightful discussion on the dramatic changes that are being witnessed in executive recruitment across the Middle East and also gave advice on the pros and cons of making a career change.
Some of the outcomes from the panel discussions included:
• The Middle East’s dependence on expertise from Western expatriates is no longer required, according to Metin Mitchell, who runs his own executive search and management advisory firm in the region. He also believes expatriates already in the region are too expensive and they are now in direct competition with talent from “distressed markets” such as Greece, Italy, Spain and Ireland who will come and work for less.2012-11-21
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Make money but also find a purpose
Entrepreneur Ali Sulaiman Al-Taher inspires London Business School students
Dubai-based entrepreneur Ali Sulaiman Al-Taher shared valuable insights to aspiring students from London Business School as well as an important message - “Work for a purpose, keep a balanced life and give back to the community”.
Mr Al-Taher, the Founder and Chairman of AST Group of companies, met with students at the School’s Middle East Management Forum where he delivered an inspiring key note address on entrepreneurship that showcased his vast experiences in the world of business. He also highlighted the importance of finding a purpose in life that goes beyond being financially successful.
The Middle East Management Forum was conducted as part of London Business School’s thought leadership sessions which provide key insights into the Middle East marketplace.
“You might make money, you might find success in what you do but it means nothing unless you have a purpose,” he told students and recruiters in Dubai.
“Everyone, including organisations, should have a purpose. And that purpose must be society. We must eventually give rather than just receive.”
Mr Al-Taher started his career at the age of 16 as a trainee in the plant of Dubai Aluminium Company (DUBAL) and since then he has since “changed jobs many times, ventured into areas foreign to him, established and sold companies in various sectors and made and lost a significant amount of money”.
The 45-year-old owns the AST Telecom, Dubai Med Spa, Baydaar Landscaping and Horticulture and is a Managing Partner of Al-Tuwaijri International. His experience covers both start-ups and established companies.
Mr. Al-Taher passed on these tips to prospective entrepreneurs:
• Determination – “if you don’t have that, don’t think about going out there, it’s a jungle”
• Innovation – “innovate or die”
• Speed – “if you are not fast enough, you lose opportunities”
• Risk – “there is no reward without risk”
His keynote speech was part of London Business School’s commitment to students in providing access to inspiring community leaders who can share their own experiences and learnings from the business world.
Daniela Sfeir, London Business School’s Regional Head of Corporate Relations, Career Services at the Dubai Centre, said:
“The audience was captivated by Ali’s life and business experiences. His tips for achieving success along with the important message about serving the community was inspiring for everyone.
“He showed that being an entrepreneur is not easy, but with determination, courage and perseverance, along with a little bit of luck, then anything is possible and people really can make a difference.”
The students listening to Mr Al-Taher’s speech were also meeting with recruiters from some of the world’s top local and international companies, including Bayt, Al Futtaim Group, Booz & Company, PricewaterhouseCoopers, HSBC, KPMG, Standard Chartered, among many others.
London Business School opened the doors to its Middle East campus, based in Dubai, in December 2006, in reflection of its strong commitment to the Middle East and as a response to the growing demand for business education in the region.2012-11-21
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‘Harnessing innovation is key to business survival’
A new programme designed to equip executives with the tools they need to champion new ideas and put them into practice has been launched today by London Business School.
Designed for senior executives tasked with delivering innovation and driving growth, this five-day programme focuses on the practical implementation of innovation within organisations. During the five-day programme, which starts in February, participants will examine the fundamentals of innovation in practice, from idea generation to execution.
2012-11-21
2012-11-19
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London Business School scoops top spot in Bloomberg Businessweek ranking
London Business School has been awarded the number one spot in Bloomberg Businessweek's biennial ranking of top international business schools, above INSEAD and IE Business School.
This is the first time the School has taken the number one position in the 24-year-old ranking, which includes 82 schools globally. The School scored particularly highly for its career services, calibre of candidates and teaching quality.
2012-11-19
2012-11-13
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Inaugural China Business Forum is a success
London Business School's China Club hosted the first ever China Business Forum held in London last weekend, as part of the School's China Week.
The event featured more than 20 distinguished speakers who talked about "Chinese innovation and European opportunities", and was successful in capturing the different aspects of innovation Chinese companies will have to focus on and how Europe will have opportunities to be an active partner.
2012-11-13
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The Coller Prize in Private Equity 2012: winners announced
This year’s Coller Prize in Private Equity competition, where London Business School’s Coller Institute of Private Equity awards research work on private equity-related topics, yielded outstanding case studies and excellent, innovative PhD papers.
During last week’s Coller Prize award evening at the School, prize winners from around the world accepted their awards and presented their findings.
2012-11-13
2012-11-09
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Start-up boost for talented graduates
Entrepreneurial graduates from London Business School have been given an unprecedented boost as they look to launch their own business ventures.
The School’s Deloitte Institute of Innovation and Entrepreneurship gave seven promising graduate businesses an injection of support at its inaugural Founder Awards on 8 November.
2012-11-09
2012-11-08
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’Made in China’ should be ‘Bought in China’
It was standing room only as London Business School co-hosted a conference, China’s Economy: Seeking Momentum for New Growth, with the China Europe International Business School (CEIBS), featuring debate from high-level speakers.
Bringing together experts, academics, and professionals for an East-West dialogue, the Chengwei Europe Forum 2012, on 6 November, featured 25 speakers including Xiaoming Liu, China’s Ambassador to the UK; Andrew Scott, Deputy Dean and Professor of Economics, London Business School; Shang Zhong, Minister of Commerce, People’s Republic of China, and Wenjian Fang, Director and CEO, Bank of China.
2012-11-08
2012-11-02
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High government exposure stocks “outperform” under Democrats
Investors: buy high exposure for Obama, low for Romney. As Obama and Romney lock horns in the US presidential elections, London Business School research has shown the big impact a democrat or republican presidency has on stock investments.
Vito Gala, assistant professor of finance at London Business School, working with Frederico Belo at University of Minnesota, and Jun Li at University of Texas at Dallas, found that political cycles have a large impact on stock investments and that choosing the right strategy, according to which party is in power, can, literally, pay dividends.
2012-11-02
2012-10-31
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Experts to attend healthcare summit
London Business School is due to host the fifth annual Global Healthcare Conference for students and industry experts.
The event will be held on 12 November at the Royal College of Physicians in Regent's Park. It features speakers and panellists from different areas of healthcare including industry, finance, consulting, government and media.
Organisers say the conference aims to bring together healthcare providers, industry executives and government officials to look at ways to shape the future of the industry.
This year's keynote speaker will be Alex Gorsky, Chief Executive Officer of Johnson & Johnson. The closing speech will be delivered by Lord Howe, Under Secretary of State in the Department of Health.
Following Mr Gorsky's presentation, two panel discussions will take place. The first, entitled The Future Of Healthcare, will look at how systems are changing as the industry evolves, and how stakeholders can thrive in this environment.
The second panel, Innovation In Healthcare, will discuss how business leaders are aiming to increase value across the healthcare system.
The panels will include speakers from The Financial Times, The Boston Consulting Group, August Equity, The Wellcome Trust and Bupa, among others.
The Global Healthcare Conference is the Healthcare Club's flagship event and is one of the largest healthcare conferences in Europe.
It is also one of the most important student-led events at the School. It brings together students with an interest in the healthcare industry, finance, consulting and entrepreneurship, as well as representatives from other European business schools.
Attendees may also find that there are recruitment opportunities available.
John Dineen, chief executive of GE Healthcare, was the keynote speaker at the 2011 Conference.
He said: "In terms of spending time with the students and academia, we want them to know what we are about, we think we have a great story (GE Healthcare), we are the kind of company that people are going to feel good about working for and I want to come here and shamelessly try to attract those students to work for our business."2012-10-31
2012-10-26
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West meets East: London Business School presents China Week
As China prepares for an historic leadership change, with sweeping economic implications, London Business School is bringing together experts, academics, and professionals for an East-West dialogue for its China Week.
As business commentators eagerly watch events in East Asia unfold, London Business School’s China Week will host two timely conferences.
2012-10-26
2012-10-22
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Kazakhstan’s Deputy PM addresses LBS Energy Club
The Deputy Prime Minister of Kazakhstan was guest of honour at London Business School’s Energy Club on 19 October.
Kairat Kelimbetov gave a lecture on the topic of the resource curse, the financial crisis and Kazakhstan's long-term strategy. He shared his views on the importance of innovation and attracting best talent, potential competitive strategies of emerging resource-based economies.
2012-10-22
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Faculty member awarded at the Chinese finance conference
Brandon Julio awarded best paper at The Chinese Finance Association's annual conference in New York.
Brandon Julio, Assistant Professor of Finance and Sungkyunkwan University's Youngsuk Yook won the award for their paper 'Policy Uncertainty, Irreversibility and Cross-border Flows of Capital' in the Corporate Finance and Chinese Capital Markets session of the conference.2012-10-22
2012-10-18
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Record demand for London Business School graduates
Rise of the start-up fails to dampen job hopes The economic storm clouds may show little sign of abating, but they are failing to dampen the spirits of the record number of employers looking to recruit London Business School talent.
This year’s Autumn Recruitment Evening, a new cross-sector event attracted an unprecedented amount of recruiters, almost doubling the number attending previous recruitment events last event, with over 150 jobs up for grabs for the right candidate.
2012-10-18
2012-10-17
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Research finds that women are disadvantaged long before board level
Data reveals gender inequality in the hiring process When all else is equal, gatekeepers at staffing companies tend to recommend candidates to their clients based on gender stereotypes, according to a study by London Business School associate professor Isabel Fernandez-Mateo and her colleague, Zella King from Henley Business School.
Their study, ‘Anticipatory Sorting and Gender Segregation in Temporary Employment’, looked at data from a mid-sized staffing agency in the IT sector, spanning nine years, covering 23,355 candidates, vying for 6,705 jobs for 2,331 clients.
2012-10-17
2012-10-15
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EMBA Global programme climbs FT ranking
The London Business School/Columbia Business School Executive MBA Global (EMBA Global) programme, has been ranked number two in the world by the Financial Times, behind Kellogg-HKUST.
The rankings are based on various measures, some of which (including career progression, how the programme lived up to expectations, percentage salary increase) come from a poll of alumni three years after graduation.
Anne Sandford, Director of Executive MBA Global programmes, said: “We’re delighted to see that the EMBA Global programme has moved up one place to be ranked Number two among the very best in the world. Its success is a tribute to the strength of our partnership with Columbia Business School, the outstanding quality of our cohorts and the amazing faculty teaching on the programme.”
This year‘s highlights from the rankings were:
• The average salary for the alumni surveyed rose by 89% three years after completing the programme*.
• We were placed sixth highest overall on the salary percentage increase measure.
• Overall salary (worth 20% of the total ranking) improved by over $5,000 since last year, placing us eighth overall in terms of actual salary.
• We were placed eighth overall for aims achieved, meaning that the programme delivered very well against the cohort’s expectations.
For more information, visit http://rankings.ft.com/businessschoolrankings/rankings2012-10-15
2012-10-12
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Choose your words carefully
Research shows the power of linguistic subtleties in business.
Managers can empower, encourage, and impact the behaviours of their employees through just subtle changes in their messages and words, according to research from London Business School.
Whether it is a sign in a park asking people to not be a litterbug or a manager’s message to employees to instil ethical behaviour in the workplace, the messaging can impact the outcome. The research has found that such variations in linguistic technicalities can be used as a powerful tool in preventing unethical behaviour and can make all the difference in the world of business.
Gabrielle Adams, Assistant Professor of Organisational Behaviour at London Business School, has co-authored research with Benoît Monin of Stanford University that was led by Christopher Bryan of University of California, San Diego. Together, they carried out a series of experiments focused around the power of linguistic variation.
Commenting on the research, Dr Adams explains that “People were less likely to cheat when we referred to the behaviour as 'being a cheater' rather than 'cheating.' This is because the term 'cheater' is relevant to the person's identity, and has implications for the kind of person they would be if they were to cheat. This research is exciting because it suggests that a very simple way leaders might curb unethical behaviour is with subtle linguistic cues that highlight the implications that the behaviour might have for a person's identity.”
The study, entitled 'When cheating would make you a cheater: Implicating the Self Prevents Unethical Behaviour', included three experiments which used two different paradigms.
It found that the likelihood of people cheating was less when a subtle change in phrasing labelled the behaviours as inconsistent with people’s desire to see themselves as good and honest.
Each participant was given the chance to claim money they were not entitled to at the researchers’ expense. However, some were given instructions that referred to cheating with language that was designed to highlight the implications of cheating for the actor's identity (e.g., "Please don't be a cheater") and some were given instructions with language that focused on the action (e.g., "Please don't cheat").
The findings revealed that those in the "cheating" condition claimed a significantly greater amount of money than their counterparts in the "cheater" condition, who showed no evidence of having cheated at all. Cheating is not a phenomenon but this research shows how to prevent this psychological fudging and eliminate a great deal of cheating.
To manage with the most impact, managers should thus invite employees to be a certain kind of person rather than encourage them to do a certain kind of behaviour.2012-10-12
2012-10-10
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Three London Business School MBAs shortlisted for Women of the Future Awards
We are delighted to announce that three past and present London Business School MBA students have been shortlisted for the MBA Star Award, as part of the Women of the Future Awards.
They are:
2012-10-10
2012-10-05
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London Business School Professor wins prize for Socially Responsible Investing study
London Business School’s Emeritus Professor of Finance, Elroy Dimson wins 2012 Moskowitz Prize for Outstanding Research in the Field of Sustainable, Responsible, Impact (SRI) investing.
Using 10 years of privately compiled data, three leading academics have tied positive market performance to corporate social responsibility (CSR) activities at major publicly traded U.S. companies. Their research has netted them the Moskowitz Prize for Socially Responsible Investing, the only global prize recognizing outstanding quantitative research in the field of sustainable, responsible, impact (SRI) investing.
2012-10-05
2012-10-02
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London Business School faculty members recognised as 'influential scholars'
A recent Academy of Management Perspectives publication ranked two London Business School faculty members as influential management scholars. Daniel M. Cable and Julian M. Birkinshaw, ranked 22nd and 38th respectively.
Scholarly impact has traditionally been equated with number of citations - be it for individuals, articles, departments, universities, journals, or entire fields - and it is regarded as one of the strongest currencies in the Academy.
Results based on a sample including 384 of the 550 mostly highly cited management scholars in the past three decades show that scholarly impact is a multidimensional construct, revealing the impact of scholarly research on internal stakeholders (i.e., other members of the Academy) cannot be equated with impact on external stakeholders (i.e., those outside the Academy).
Outside the Academy, the number of pages as indexed by Google is used to measure scholarly impact on stakeholders (i.e. non .edu webpages).2012-10-02
2012-09-27
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Alumni celebrate biggest ever global gathering
London Business School is today celebrating its largest ever alumni event in 100 cities across the globe.
The Worldwide Alumni Celebration (WAC) is the School’s most significant alumni event, where thousands of former students gather together to celebrate the School’s global community in their respective countries, from Argentina to Australia. The global event has grown from 31 cities in 2005 to over 100 cities this year. This year, events will be taking place for the first time in Monaco and Bermuda.
2012-09-27
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The Right Honourable Virginia Bottomley shares boardroom insights with Dubai’s business leaders
London Business School and Odgers Berndtson host thought-provoking business forum with global decision makers
High performing organisations must appoint diverse boards that bring a global perspective to the table, according to The Right Honourable Baroness Virginia Bottomley, who spoke in Dubai as part of a business leaders forum hosted by London Business School and international executive search firm Odgers Berndtson.
2012-09-27
2012-09-17
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Students take a bite of the Big Apple
London Business School launches its first Global Business Experience
London Business School today embarked on its first Global Business Experience (GBE) with 80 of its MBA students, to Boston and New York.
2012-09-17
2012-09-14
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The Shift becomes best seller in Japan
Book examines what work will look like in 2025. The Shift by Professor Lynda Gratton, professor of management practice at London Business School and founder of The Hot Spots Movement, has sold over 34,000 copies Japan in less than 2 months and is its 5th print.
Commenting on The Shift’s success in Japan, Gratton says “It is really interesting that Japan has become the country where most copies of The Shift have been sold. We have received many very personal messages from readers who are grateful that the book shows them that there is an alternative way of working, and that each individual has a choice. I think this reflects several challenges faced by Japanese corporations where concepts such as work-life balance perhaps aren’t considered part of the employer’s responsibility, nor in their interests.”
Gratton’s book, The Shift, examines what work will look like in 2025, both from a corporate and individual perspective.
The Shift takes as its lead the idea of what work will look like in 2025, and how we need to adapt to meet this radically different environment. Gratton says that there are five forces that will fundamentally change the way we work: globalisation; society; demography; technology; and energy.
She explains: “The forces of globalisation and technology can lead to fragmentation, loneliness, isolation and a feeling of exclusion from the global talent pool. So, how do we turn this change into a positive, in order to lead great lives, filled with creativity, productivity and excitement?”
Gratton is quick to remind us that, if we do not adapt our working ways, the workplace of the future could be a very lonely place. She explains: “Work is a defining, all-consuming part of our lives. The book details key shifts that we, as individuals, can make to prepare ourselves for this fast-moving world of work.”
The findings in The Shift are based on the findings of two first two iterations of Gratton’s research consortium, The Future of Work, organised and led by The Hot Spots Movement, Gratton’s team that examine innovation and team work in the workplace. Over the first three iterations of the consortium of which the fourth will commence late September, more than 80 companies from around the world came together in this co-creational research project that bridges academia and business.2012-09-14
2012-09-12
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London Business School scoops top UK spot in QS rankings
London Business School has been ranked third in the QS World University Rankings list of the best places to study accountancy and finance. Only Harvard - which tops the chart - and the Massachusetts Institute of Technology (MIT) in the US are ahead of the School.
The School boasts more than 40 world class faculty in the fields of finance and accounting and has climbed from tenth position in 2011. It is the highest ranked UK School.
2012-09-12
2012-08-31
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Want to get promoted? Stay at your desk
Although telecommuting is increasingly becoming the norm for time-poor executives with a global workforce, new research has shown that a lack of ‘face time’ may, in fact, stifle their chances of promotion.
In the 10 years they have been researching the topic, London Business School’s Professor Daniel Cable and Professor Kimberly Elsbach from the University of California, Davis, reported that the rewards for employees using “non-traditional” working arrangements were fewer when compared to their desk-bound peers.
2012-08-31
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LBS incubator start-up scoops top prize in enterprise competition
SalesGossip, co- founded by Zabetta Camilleri, MBA2000, and Emilio Sanz, MBA 2011, has won the top prize of £25,000 in the RBS EnterprisingU business plan competition. Run by Find Invest Grow (FIG) and sponsored by the RBS Group and LinkedIn, the competition received 1,317 entries, with only six start-ups making the final shortlist.
SalesGossip, an online and mobile service that alerts buyers when new fashion sales are announced, was supported by the School’s business incubator. Run in collaboration between Career Services and the Deloitte Institute of Innovation and Entrepreneurship, the incubator helps to facilitate a select number of graduating MBA students and recent graduates who have set up or are in the process of launching a business.
2012-08-31
2012-08-16
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Cheating prompts a natural 'high'
Breaking the rules can produce a natural 'high' in habitual cheaters, a study by experts from London Business School and other institutions has revealed.
2012-08-16
2012-08-01
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Leadership award for Gratton
London Business School’s Professor Lynda Gratton has won an award in recognition of her contribution to the field of leadership.
The Professor of Management Practice received the Center for Creative Leadership’s 2011 Walter F. Ulmer Jr Award for Applied Research at a ceremony in Brussels. Established in honour of a former president of CCL, a global executive education provider, the Ulmer Award recognises leading business thinkers who have an outstanding career in applied leadership research.
2012-08-01
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Article accolade for Prof Shivakumar
An article written by a London Business School professor has won a prestigious award, thanks to its proven impact since its original publication.
Professor of Accounting Lakshmanan Shivakumar's article 'Earnings quality at initial public offerings', published in the Journal of Accounting and Economics in 2008, has been acknowledged in the Emerald Management Reviews Citations of Excellence Awards for 2012.
2012-08-01
2012-07-27
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London Business School alumni carry Olympic Flame
London Business School alumni Catherine Nicoll MSc18(1985) and Roy Martins MBA1995 carried the Olympic Torch through part of its London leg this week.
Catherine, who is head of THB Group's Compliance team, took part in the Torch relay yesterday as it passed Shepherd's Bush underground station.
2012-07-27
2012-07-26
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Birkinshaw elected to British Academy
London Business School’s Professor Julian Birkinshaw has been elected as a fellow to the British Academy.
The Professor of Strategy and Entrepreneurship was recognised as a distinguished academic for his outstanding research.
2012-07-26
2012-07-19
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Kumar honoured for contribution to art
London Business School’s Nirmalya Kumar, Professor of Marketing and Co-Director of the Aditya Birla India Centre, has been honoured for his contribution to Indian art.
Professor Kumar, one of the world’s leading authorities on strategy and marketing, has been a passionate supporter of the arts and a collector of modern Indian visual art for more than a decade.
2012-07-19
2012-07-18
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LBS Incubator 'Flat-Club': One of the UK’s most promising startups
Last week, Flat-Club (www.flat-club.com), an online marketplace to help alumni & students of top universities find short term accommodation by leveraging existing social networks to create trust, was selected as one the UK’s most promising start-ups in two competitions.
The first is Startups100 - a list of the most exciting start-ups in the UK. Flat-Club was selected for the accolade: “Despite university students and alumni increasingly inhabiting a transient world in which they pursue internships, exchanges, relocation, projects and travel, the accommodation solution was lacking...The solution is Flat-Club, a marketplace that leverages social networks to find spare rooms and flats at up to 80% cheaper than hotels for the alumni and students of top universities.”
The second is the Pitch80 best small business competition where Flat-Club was selected to represent England in the UK final. Your votes can help them win the digital-marketing prize – visit www.thepitchuk.com/pitch-80/nitzan-yudan to vote.
Flat-Club is a member of the London Business School Incubator and was founded by two London Business School alumni: Nitzan Yudan (MBA2011) and Tomer Kalish (MBA2010).
In the last year Flat-Club helped London Business School hosts make extra income of over £100,000 and helped guests from LBS save over £500,000 on hotel prices by booking short-term accommodation apartments and rooms.2012-07-18
2012-07-13
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Duo awarded honorary fellowships
London Business School has awarded honorary fellowships to John Connolly and Lord Adair Turner
2012-07-13
2012-07-10
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Formula predicts Team Great Britain medal haul
A PhD candidate at London Business School has used an economic formula to predict that Team GB will win 62 medals at this year's Olympic Games, including 25 golds.
The formula, followed by Emily Williams, takes into account four factors - population, GDP per capita, medal share from the previous Olympics and which country is hosting the Games.
2012-07-10
2012-07-05
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BSR scoops magazine industry award
Business Strategy Review (BSR), London Business School’s flagship thought leadership magazine, has been “highly commended” at the 2012 PPA UK magazine industry awards.
It narrowly lost out to IKEA in the Customer Magazine category, in a competitive field which also included publications by John Lewis, global online fashion retailer ASOS and British Airways’ inflight High Life magazine.
2012-07-05
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Duo win award for asset pricing paper
A pair of London Business School assistant professors of finance have been recognised for their work in asset pricing.
Igor Makarov and Alexander Gorbenko have been crowned winners of the NASDAQ OMX Award for Best Paper on Asset Pricing.
They were honoured for their 'CDS Auctions' paper at the recent Western Finance Association Meeting which took place in Las Vegas last month.
Their triumph was one of only five awards announced during the four-day annual conference, with the award accompanied by a cheque for $5,000 (£3,188).
London's reputation for excellence in financial education was reinforced further by the fact that the paper's other author, Mikhail Chernov, also lectures in the capital in his role as professor of finance at the London School of Economics.2012-07-05
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History made at 6,196 metres
London Business School alumnus conquers Seven Summit challenge
A London Business School alumnus has conquered the Seven Summits challenge, after scaling the highest peaks in each of the seven continents.
Atte Miettinen, a UAE-based mountaineer, reached the final summit of Denali - also known as Mount McKinley - the highest mountain in North America, on the 22 June.
After reaching the 6,196-metre summit, Atte joins an exclusive group of mountaineers who have scaled each of the seven summits. The Executive MBA graduate is one of around 350 people and the first Finnish person in the world to complete the challenge.
“The last year, which I’ve dedicated fully to the Seven Summits project has been a great experience and taught me a lot. The year has also charged my batteries full, so I now look forward to putting my MBA as well as what I’ve learned on the mountains to use and get back to more “traditional” work!”
Seven Summits refers to a mountaineering challenge of climbing the highest mountains of every continent: Cerro Aconcagua (South America), Denali (North America), Vinson Massif (Antarctica), Elbrus (Europe), Kilimanjaro (Africa), Mount Everest (Asia) and either Carstensz Pyramid or Mount Kosciuszko (Australia).
Atte’s Seven Summits project has been supported by several partners including Nokia, MTV3, and Estlander & Partners.
For further information on Atte and the Seven Summit challenges visit:2012-07-05
2012-07-03
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LBS incubator start-up wins major European Award
HomeTouch, started by Jamie Wilson MBA2011 and Daniel Mueller MBA1996, has recently received a prestigious Best Company award at Europe's premier Aging/Assisted Living event.
London Business School’s Business Incubator supports a selected number of graduating students and recent graduates who have set up, or are in the process of setting up a business.
One of these incubator businesses, HomeTouch, started by Jamie Wilson MBA2011 and Daniel Mueller MBA1996, has recently received a prestigious Best Company award at Europe's premier Aging/Assisted Living event in Bilbao. HomeTouch is building a platform to help families support their ageing loved ones.
Piloting in September 2012, the HomeTouch solution is a tablet-enabled software service geared to make practical and simple improvements to family life. This includes improvements in communication, alleviation of boredom for isolated older people, and helping with the emerging health problems of old age, including memory decline.
HomeTouch will help tackle an urgent problem; 20% of UK employees currently have eldercare responsibilities resulting in 1 billion hours lost productivity a year.
Congratulations to Jamie and Daniel on winning the award!2012-07-03
2012-06-26
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TED.com honour for Kumar
A talk by Professor Nirmalya Kumar from this year’s TEDxLondonBusinessSchool has been selected by TED to feature on its homepage.
The Professor of Marketing and Co-Director, Aditya Birla Centre, addressed the audience on the topic of ‘India’s Invisible Innovation’.
2012-06-26
2012-06-24
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London Business School to train Oman Oil future business leaders
London Business School has won a significant contract to launch the TAKATUF Leadership Programme to train talented managers at Oman Oil Company and its associated group companies.
In partnership with Oman Oil’s TAKATUF unit, which supports and develops human capital and talent management across the organisation, the School will deliver the two-course programme over two years.
2012-06-24
2012-06-18
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London Business School's Masters in Finance tops FT rankings
London Business School has topped the Financial Times’ Masters in Finance post-experience programme rankings for a second consecutive year.
Today's announcement follows the encouraging news that 84% of London Business School’s Masters in Finance (MiF) graduates last year found a job within four months of finishing their studies, across 32 cities in 23 countries around the world.
2012-06-18
2012-06-14
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London Business School’s Elroy Dimson honoured with finance award
Elroy Dimson, Leverhulme Emeritus Fellow and Professor of Finance at London Business School, has received one of the world's top prizes for finance at a conference in Chicago.
Professor Dimson, who is also chairman of the Strategy Council for the Norwegian Government Pension Fund, was presented with the 2012 James R Vertin Award by the CFA Institute at the group's 65th annual conference.
2012-06-14
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Ferran Adria’s competition heats up
London Business School team is shortlisted in global competition A team from London Business School is among the three finalists to create a business model for Spanish chef Ferran Adria's El Bulli Foundation.
The world-famous chef launched the Ideas for Transformation project last year and invited students from the School, along with Harvard, Columbia, Berkeley and Spain's ESADE to come up with a business proposal for his culinary research and development centre.
2012-06-14
2012-05-31
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Olympics “too expensive” for most of the world to stage
But the returns are “significant” The Olympics are too expensive for most countries to stage, according to a poll of 500 business executives.
Sixty-seven percent of the audience at London Business School’s Global Leadership Summit on the business of sport believed the costs were too prohibitive for most of the world, with London 2012 costing around $17 billion (£9 billion) and the Beijing Olympics reportedly costing almost $40 billion (£20 billion).
2012-05-31
2012-05-30
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Challenges and Opportunities for Sustainable Growth
7th Annual Latin America Business Forum 2012 The realities of doing business in or with Latin America comes under the spotlight as global business leaders, prominent political figures, leading faculty, entrepreneurs and students convene at London Business School’s seventh annual Latin America Business Forum on 1 June 2012.
High-profile business leaders, renowned for challenging traditional business practices in Latin America, will discuss how their firms are rising to regional and global prominence. Discussions will go beyond risks and growth, to focus on key success factors which translate into sustainable competitive advantage. Confirmed speakers for the day include:
2012-05-30
2012-05-20
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What can business and sport really learn from each other?
Experts from sport, business and academia join the debate The chairman of league-winning Italian football giant Juventus will join 44 of the brightest minds from the worlds of business and sport to explore the lessons shared between both disciplines at London Business School.
Andrea Agnelli, whose club Juventus recently clinched the prestigious Italian Serie A title, will deliver the closing keynote address to a senior business audience at the School’s Global Leadership Summit, charting the transformation of a sports brand.
2012-05-20
2012-05-16
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Greece could become “the North Korea of Europe”
Greece’s problem is administrative, and leaving the Euro will only weaken the resolve to tackle it, according to a London Business School expert.
Michael Jacobides, Sir Donald Gordon Associate Professor of Strategy and Entrepreneurship, says the stakes, for Greece and Europe alike, could not be higher, with the potential of the country becoming “the North Korea of Europe”
2012-05-16
2012-05-15
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Vig takes home 4nations cup
Vikrant Vig, Associate Professor of Finance at London Business School, has won an international finance competition, the 4nations Cup.
2012-05-15
2012-05-11
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From west to east
Major Chinese company recruits global talent from London Business School
2012-05-11
2012-05-09
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Register now for Global Leadership Summit
As the events of London 2012 play out around the world, London Business School, in collaboration with Deloitte, is exploring the lessons shared between business and sport, bringing together a world-class line-up of speakers from the worlds of sport, business and academia at its Global Leadership Summit on 21 May 2012.
Register for GLS here
It is often said to be “the greatest show on earth”, but these days the Olympic ideals of citius, altius, fortius (faster, higher, stronger) can just as easily be applied to the lucrative commercial ventures accompanying the world of sport.
Up for discussion are:2012-05-09
2012-05-01
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Justine Greening's insights into leadership
The Right Honourable Justine Greening MP, Secretary of State for Transport and alumna of London Business School, was guest speaker in an MBA class, Leading Teams and Organisation.
Justine addressed the audience sharing her leadership experience in terms of people, decisions and organisations in the class, taught by Margaret Ormiston, Assistant Professor of Organisational Behaviour. During a distinguished career, which began in the private sector, Justine moved fully into politics during her time at the School upon a classmate’s suggestion that she run as a Member of Parliament. Sharing wisdom from her breadth of experience in leading positions, Justine emphasised the importance to be self-aware, focus on the customer, treat those around you with respect and surround yourself with a good team structure.
The Executive MBA programme helped to enhance Justine’s career path, by broadening her skill set and allowing her to engage in conversations across an entire organisation. After thorough discussions on leadership, Justine reminded the audience to keep in mind that if there are tube delays they are not her fault!2012-05-01
2012-04-30
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Students lead inaugural India Private Equity Trek
Ten students from across London Business School's degree programmes have taken part in the School’s first India Private Equity Trek.
The aim of the student-led trek to Mumbai was to enhance understanding of the sector, build connections within Indian private equity firms and explore career opportunities.
The participants met with country managing partners and other senior professionals at KKR, Blackstone, Apax, Carlyle, Bain Capital, TPG, TA Associates, General Atlantic, Actis, 3i, Advent International, Warburg Pincus, Fidelity Growth Partners and Abraaj. Apart from the global majors, the participants also met with India-focused funds such as Tano Capital, ICICI Ventures, Multiples and Faering Capital.
The trek was an opportunity to learn about the distinct investing styles of each of these funds both globally and in India. Practitioners shared their views of the macroeconomic environment, implications of the recently announced budget on the PE sector, their past and current focus investment areas, current trends and unique challenges and opportunities they were seeing.
The trek was conceptualised and led by Manita Shinh, MBA2013, and was sponsored by the School’s Private Equity and Venture Capital Club, the India Business Forum and Career Services.
2012-04-30
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India and China: the next destination for talent from the west
The new war for professional talent is hotting up like never before and will see huge and developing opportunities for westerners looking for jobs in India and China, says Nirmalya Kumar, Professor of Marketing at London Business School.
Speaking to industry leaders, students and alumni at a session at the Dubai Centre celebrating London Business School’s five years of commitment to education in the region, Professor Kumar highlighted the shift from Indians and Chinese looking to the west for jobs and the reverse happening at a rapid rate.
2012-04-30
2012-04-24
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Hélène Rey wins inaugural Birgit Grodal Award
A London Business School academic has been awarded a prize for her pioneering contribution to the field of economics. The award, which will be bestowed every other year, honours a European-based female economist who has made a significant contribution to the Economics profession. There is no restriction on age or speciality.
The first ever Birgit Grodal Award will be presented to the School's Hélène Rey by the Council of the European Economic Association. She is due to receive the award in August during the Association's annual congress in Spain.
2012-04-24
2012-04-22
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London Business School celebrates five years in the Middle East
London Business School is celebrating the fifth anniversary of its Dubai Centre and commitment to the education in the region.
Since opening its doors in the Dubai International Financial Centre (DIFC) in 2007, over 300 professionals from across the Middle East and further afield have graduated from its Executive MBA programme. Some 53 nationalities have been represented, with students commuting from as far afield as Australia, South Korea and Senegal.
2012-04-22
2012-04-12
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Playing to win: lessons shared between Business and Sport
It is often said to be “the greatest show on earth”, but these days the Olympic ideals of citius, altius, fortius (faster, higher, stronger) can just as easily be applied to the lucrative commercial ventures accompanying the world of sport.
Register for GLS here
2012-04-12
2012-03-29
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Business leaders confident that Britain is once again open for business
Britain is once again open for business, according to 67 per cent of business executives who attended ‘Balancing Britain’s Books’ at London Business School.
2012-03-29
2012-03-26
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Appointment of new Associate Dean, Degree Programmes and Career Services
Wendy Alexander, former Member of the Scottish Parliament, has been appointed Associate Dean, Degree Programmes and Career Services, effective 30 April 2012.
As a senior member of the School’s leadership team, Wendy will be responsible for directing the Degree Programmes and Career Services’ departments and for the strategic development, operational management and academic oversight of the Masters programmes.
2012-03-26
2012-03-21
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Happy workers 'may resist change'
Workers might become resistant to change if they are too happy in their jobs, according to an expert from London Business School.
2012-03-21
2012-03-12
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A new blueprint for organisations
Is it time to put bureaucracy to bed? What has worked for businesses yesterday will most likely not work for businesses today or tomorrow. “Business is at crossroads and it’s time to focus on moments of truth, even if they’re uncomfortable truths” explained Gary Hamel.
Launching his new book What Matters Now: How to win in a world of relentless change, ferocious competition, and unstoppable innovation at London Business School. Gary discussed, it is a time for businesses to adopt fundamental ideological changes to be able to sustain and compete within the marketplace. Gary Hamel, a visiting professor at the School and world-renowned business thought leader, discussed a shift in the thinking of the business world, management, innovation and the threat of capitalism. Touching on the crisis in capitalism, Hamel, a firm believer in capitalism, recognizes that today there are firms and individuals who have tarnished the capitalist name. There is a divide and a perception of executives versus consumers. And, with the emerging global consciousness of ethical standards, there is a lack of trust and negative perception which creates a threat to capitalism.
2012-03-12
2012-03-07
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Studies 'undervalue' private equity
London Business School's Chris Higson has presented a ground-breaking piece of research on private equity performance.
2012-03-07
2012-03-02
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London Business School and Walpole launch Innovation in Luxury Business Plan Competition
London Business School and Walpole, the organisation that represents the British luxury industry, in association with leading law firm Charles Russell and the Financial Times, have launched the Innovation in Luxury Business Plan Competition, to help promote and inspire innovation in the British luxury industry.
2012-03-02
2012-02-27
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Looming US elections may slow corporate investments
Research shows political uncertainty fuels caution Companies may cut their investments as the US presidential election gets closer or when there is political jostling, according to a London Business School expert.
Brandon Julio, assistant professor of finance at the School, predicts that political uncertainty will play an important role in corporate investment decisions.
2012-02-27
2012-02-23
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Jérémie Gallien of London Business School wins award at 2012 ecch Case Awards
Jérémie Gallien, associate professor of management science and operations at London Business School, won the new case writer category at the 2012 ecch Case Awards Competition. The ecch Case Awards recognise excellent case writing worldwide and raise the profile of the case method of learning.
The award-winning case study, Massachusetts General Hospital's Pre-Admission Testing Area, was co-authored by Dr. Gallien, Kelsey McCarty of Massachusetts General Hospital and Retsef Levi of MIT Sloan School of Management.
2012-02-23
2012-02-22
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Life in the spotlight can be lonely
Research finds that power can be isolating Power can be isolating. Although people often seek power in the pursuit of feeling loved and valued, the powerful often find true love elusive. The moment a subordinate or fan tries to get close may be the very moment in which power-holders become cynical of others, and this can heavily impact relationship development, according to new research.
Exploring how power corrupts relationships, researchers from Europe and the United States found that power creates doubt about the motives behind the kind acts of others. As a result, power-holders may become cynical of seemingly altruistic gestures, a cynicism that prevents them from engaging in relationship building behaviours.
2012-02-22
2012-02-15
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Middle East gaining momentum following global financial crisis
The Middle East is “on track” for recovery from the global financial crisis despite the concerns around the Euro, according to a leading economist.
Speaking in Dubai on the current global economy and outlook for the Middle East, Andrew Scott, Professor of Economics at London Business School, said 2012 will be a year of slow growth but the region is doing well in re-balancing its economies and is beginning to gain momentum.
2012-02-15
2012-02-14
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It’s not the size of the bling but the thought of the ring that counts
Love is in the air, and as today is Valentine's day, it’s a time of year when many couples seal their relationship with a marriage proposal. But there may be good news for the wallets of the men buying the rings, according to a study from London Business School’s Dr Gabrielle Adams.
2012-02-14
2012-02-13
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Kevin Boudreau receives research prizes and Fellowship
Assistant Professor Kevin Boudreau has received a Google Faculty Award from Google Inc. and a Faculty Research Gift from the National Bureau of Economic Research (NBER) which is a leading community of economic researchers in the United States. He has also recently been appointed as a Fellow at Harvard University's Institute for Quantitative Social Science.
These awards are intended to accelerate Kevin’s research into strategy, innovation and platforms. Kevin is Assistant Professor of Strategy and Entrepreneurship and his work on platforms, including field experimental research, has related to a range of contexts such as the economics and management of software development, on-line videogames, smartphones, medical and scientific research, and bioinformatics and genomics.
2012-02-13
2012-02-07
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London Business School and Credit Suisse release new Global Investment Returns research
Based on 112 years of international evidence, the Credit Suisse Investment Returns Yearbook addresses the extent to which major assets protect against inflation and deflation, how to invest while controlling currency risk and what rewards can be expected from investing in stocks, bonds and cash.
2012-02-07
2012-01-30
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Highest salary rise for London Business School’s MBA
The quality and student experience of London Business School’s full-time MBA programme has again been recognised, in the Financial Times’ annual global ranking.
The School’s programme ranked fourth in the Global MBA Rankings 2012, in the top five with Stanford (1), Harvard (2), Wharton (3) and Columbia (5). The rankings are calculated from data going back three years.
2012-01-30
2012-01-28
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Lessons for leaders from Davos
Leaders need to “think beyond” to succeed in a multi-stakeholder world and lead in the society, according to London Business School’s Lynda Gratton, Professor of Management Practice.
Prof Gratton, one of four of the School’s faculty attending the World Economic Forum, moderated a number of panels at Davos and found that two emerging themes which stood out beyond the “normal leadership rhetoric”.
2012-01-28
2012-01-27
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Diane Morgan appointed to vice-chair of Forte Foundation
London Business School's associate dean of degree programmes and career services was appointed as vice-chair of the Forte Foundation. Diane Morgan will stay in the role on the organisation's board of directors, following her reappointment for a second term.
The Forte Foundation is a consortium of leading business schools and multinational companies which aims to provide and enhance the tools and resources for women to achieve successful leadership careers within business.
2012-01-27
2012-01-23
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“Redefining the State: an imperative for exiting the Crisis”
Whatever the Eurogroup decision on Greece on dealing with the existing debt, the underlying causes of the Greek malaise still do not seem to have been addressed. The course of structural changes and the refusal of the Greek state to proceed decisively and speedily with the necessary reforms, striking a new balance and making a break with established practices, was the central point of enquiry and exchange in the conference entitled: “Greece – Options Going Forward”.
The event, which took place in Athens on Wednesday 18 January, was hosted by London Business School and co-organised with its Hellenic Student Club in collaboration with the School’s Hellenic Alumni Association in Greece.
2012-01-23
2012-01-20
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An agenda for Davos
As the World Economic Forum’s Annual General Meeting approaches, Professor Costas Markides, one of four London Business School faculty members attending, gives his take on what should be on the Davos agenda.
The theme for the 2012 meeting is “The Great Transformation: Shaping New Models” and taking part in the debates will also be Sir Andrew Likierman, Lynda Gratton and Francesca Cornelli.
2012-01-20
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It’s good for business for business to be good
Sir Andrew Witty, Chief Executive Officer at GlaxoSmithKline gave the keynote speech at the annual Pears Business Schools Partnership lecture
Speaking at the 2nd annual Pears Business Schools Partnership lecture, Sir Andrew Witty, Chief Executive Officer of GlaxoSmithKline, made a powerful case for businesses to connect more strongly with society and its values and reap the business benefits of doing so.
2012-01-20
2012-01-18
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Setback in 2011, but smaller companies way ahead over 2000–2011
In the “Silver Jubilee” edition of their annual Hoare Govett Smaller Companies Index (HGSC) report, Professors Elroy Dimson and Paul Marsh review small-cap performance in detail.
In 2011 investors in smaller companies experienced disappointing returns in 28 out of 29 countries, according to research from London Business School professors Elroy Dimson and Paul Marsh.
2012-01-18
2012-01-17
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Khalifa Fund CEO gives students strategic insights
His Excellency Abdullah Saeed Al Darmaki, Acting CEO of Abu Dhabi’s Khalifa Fund, has provided London Business School Executive MBA (Dubai) students a special insight into how local government entities develop strategic initiatives.
H.E Al Darmaki, who has held a number of leadership positions with government and private organizations in the United Arab Emirates, spoke with students for over an hour about the strategic planning and management processes that ensures his company is aligned with Abu Dhabi government’s objectives.
2012-01-17
2011-12-20
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Healthcare Insights in the Middle East
London Business School hosted the ‘Healthcare Insights in the Middle East’ event, the first sector specific event organised by the School in Dubai.
The event took the format of a panel discussion, bringing together leading healthcare specialists and London Business School students and alumni working in, or looking to pursue a career in, the healthcare industry.
2011-12-20
2011-12-19
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’It’s the thought that counts’ for present buyers
Less is more this Christmas As the holiday season approaches and the last-minute shoppers hit the high street or go online to find the perfect gift, research from a London Business School academic has suggested that less may be more when it comes to Christmas present purchases.
2011-12-19
2011-12-13
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London Business School sees MiM graduate employment rate rise
The employment rate for graduates of the 2011 Masters in Management (MiM) programme run by London Business School has risen on last year, according to the School's latest employment report.
While a rate of 95% was recorded among last year's class of 100, the 2011 class of 140 has achieved a rate of 96% - these figures are based on the full-time employment status of students three months after they originally graduate from the course.
2011-12-13
2011-12-12
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Likierman appointed chair of National Audit Office
Following the passing of the necessary legislation, Parliament has approved the appointment of London Business School’s Dean, Professor Sir Andrew Likierman, as Chair of the National Audit Office (NAO).
Speaking in the House of Commons on 7 December, British Prime Minister David Cameron said Sir Andrew, currently the NAO's acting chairman, was a "distinguished public servant" with extensive knowledge and experience of business and public service.
2011-12-12
2011-12-09
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Maria Correia, Irem Tuna and Scott Richardson pick up best Best Paper Award at RAST Conference
Professor Maria Correia recently presented her joint work with Professors Scott Richardson and Irem Tuna, entitled “Value-investing in credit markets,” at the 2011 Review of Accounting Studies annual conference.
The conference, one of the most prestigious in Accounting, was held at Bocconi University in Milan, Italy. Professor Correia explained how a value investing approach could be applied to credit markets. Using a combination of market and accounting data it is possible to build default forecasting models that can, in turn, be used to identify mispriced credit securities. The paper was chosen by conference participants to receive the BlackRock Best Paper prize.
2011-12-09
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Award of £70,000 to Paolo Surico from the Leverhulme Trust
Associate Professor Paolo Surico has been awarded £70,000 by the Leverhulme Trust as a prize to reflect compelling recognition of his research achievements.
Paolo's research measures the effectiveness of monetary and fiscal policies to control inflation and stimulate economic growth, with particular emphasis on the impact across households, banks and companies with different economic and demographic characteristics. A major goal of the research will be to consider the variety and state-dependence in the transmission mechanism of stabilization policies and how this sheds new lights on long-standing questions in macroeconomics.
2011-12-09
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Accolade for Coller Institute of Private Equity's Findings
High Commendation at the Corporate Communication Awards
Private Equity Findings, the global publication of the Coller Institute of Private Equity at London Business School, has received a High Commendation in the Corporate Communication Awards 2011.
2011-12-09
2011-12-08
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Employment rise for London Business School’s MBA graduates
Ninety-three percent of this year’s MBA graduates from London Business School found employment within three months of leaving.
Ninety-three percent of this year’s MBA graduates from London Business School found employment within three months of leaving.
2011-12-08
2011-12-05
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Award of £120,000 to Derek Bunn from the UK Energy Research Centre
Derek Bunn, Professor of Decision Sciences, Management Science and Operations has received £120,000 from the UK Energy Research Centre (UKERC).
UKERC was established by the UK Research Councils in 2004 to undertake activities aimed at improving the cohesion of the UK’s overall energy research effort and to conduct a programme of interdisciplinary research.
2011-12-05
2011-11-30
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Xerox Corporation chief talks business transformation
Ursula M. Burns, CEO and Chairman at Xerox Corporation, addressed a London Business School audience of businesspeople and students, discussing her journey to the top spot at Xerox and the company's widespread transformation under her leadership.
As part of London Business School’s Business Leaders Series, ‘Leading Business Transformation in Uncertain Times’, introduced by the School’s Professor Julian Birkinshaw, Ms Burns also shared insights about engaging employees in large-scale change and the pitfalls and opportunities that accompany transformation.
2011-11-30
2011-11-25
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London Business School alumnus Mistry to take reins at Tata Group
London Business School alumnus, Cyrus Mistry, has been announced as the new chairman of Mumbai-based Tata Group, moving into the role in December 2012.
Mr Mistry, who graduated from the School’s International Executive Masters Programme (now the Executive MBA) in 1996, will succeed Ratan Tata, who retires after running one of India’s biggest business groups for two decades. With a 50,000-strong workforce spanning telecommunications, engineering, materials, services, energy, consumer products and chemicals, Tata’s companies operate in every major international market and include Jaguar Land Rover and Tetley.
Commenting on Mr Mistry’s appointment, Sir Andrew Likierman, Dean, London Business School, said: “We are delighted that Cyrus Mistry will be taking on this important position. We’re very proud that the School’s links with India have grown steadily over the years. These are through our faculty and research, our current students, as well as our alumni.2011-11-25
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'Seismic events in the West pose real dangers for China’
London Business School discusses the rise of China - people, work and financing the new economy
“Seismic events in the West pose real dangers for China”, according to Andrew Scott, Professor of Economics at London Business School.
Professor Scott will be joined by the School’s Dean, Professor Sir Andrew Likierman, three leading academics and Chinese business thought leaders to discuss the colossal changes taking place in the global business landscape and the implications for the future, at a series of events taking place in Hong Kong and Shanghai this week.2011-11-25
2011-11-18
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London Business School four in Thinkers 50
Gratton, Hamel, Kumar and Markides in definitive list Four London Business School professors have achieved the impressive feat of being placed in this year’s Thinkers50 list, the definitive global ranking of management thinkers.
Professor Gratton was voted as the 12th most influential management academic in the world ̶ improving on the 18th ranking she achieved two years ago ̶ and is one of four professors at the School to be included.
2011-11-18
2011-11-15
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Kumar scoops business gong at Thinkers50 Awards
London Business School professor, Nirmalya Kumar, scooped the Global Village Award at last night’s Thinkers50 awards at the Lancaster Hotel in London.
The award is given to the person who contributes most to the business community's understanding of globalisation and the new frontiers established by the emerging markets.
2011-11-15
2011-11-11
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Kiss frontman, Gene Simmons, offers business advice to London Business School students
Last night, during a lecture at London Business School, Gene Simmons, frontman of 1970/80s glam rockers Kiss, told students how to build a one-billion-dollar brand.
The US group, famous for their extravagant live shows, big tongues and make-up, are said to have pioneered the notion of branding musicians, under 61-year-old Simmons' leadership. In the band's heyday the marketplace was saturated with Kiss merchandise: from branded coffins to comic books.
2011-11-11
2011-11-08
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The Emerging Innovation Challenge to the West
True or false: When it comes to innovation, the developed world has a distinct advantage over emerging markets? If you believe this, you’ll be surprised to read new research from London Business School professors Nirmalya Kumar and Phanish Puranam that turns this long-held assumption on its head.
In their new book INDIA INSIDE: The Emerging Innovation Challenge to the West, Nirmalya Kumar and Phanish Puranam, who are also co-directors of the School’s Aditya Birla Centre, make clear that for certain kinds of innovation, the long-held monopoly held by the developed world is over. As a result, the authors argue, it’s now time for Western countries to follow the East’s lead—and in particular, India’s lead—in adopting different processes and developing new responses to increasing shifts in the world market.
2011-11-08
2011-11-03
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Pupils 'must adopt Management 2.0'
London Business School's MBA class has been encouraged to re-evaluate traditional management methods.
Faculty member Professor Gary Hamel addressed students in what was the last of the London Talks series at the Royal Institution of Great Britain. He told the class he believed management was the greatest invention of the 20th century and that "the era of the imperial CEO will come to an end".
2011-11-03
2011-11-02
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Experts call for practical action now to avoid Greek tragedy
Whether or not the new European Council agreement would give Greece a sustainable debt burden, this is only a necessary condition for progress, but it is by no means sufficient, according to a report by London Business School experts.
The report by Michael G. Jacobides, Sir Donald Gordon Chair of Entrepreneurship and Innovation, and Associate Professor of Strategy and Entrepreneurship, and co-authored with Richard Portes, Professor of Economics at the School, and Dimitri Vayanos, Professor of Finance, London School of Economics and Political Science, found that the underlying causes of Greece’s malaise are much deeper.
2011-11-02
2011-10-24
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Top ten finish for London Business School’s EMBAs in FT rankings
Two of London Business School’s Executive MBA (EMBA) programmes have featured in the top ten of the Financial Times’ annual EMBA rankings, a feat which no other school has achieved.
In the year which saw the School’s EMBA Global with Columbia Business School celebrate its tenth anniversary, the programme finished third. The School’s EMBA, with streams in London and Dubai, was placed tenth.
Anne Sandford, Director of Executive MBA Global programmes, said: “We’re delighted to see that the EMBA Global programme continues to be ranked among the very best in the world. Its success is a tribute to the strength of our partnership with Columbia and the continued quality of the cohort and the teaching on the Programme.”
The rankings are based on various measures, some of which (including career progression, how the programme lived up to expectations, percentage salary increase) come from a poll of alumni three years after graduation. Ruth Martel, Director of Executive MBA, commented: “Competition at the top of the rankings is always extremely tight, with very little separating the individual programmes in the top ten, so this is an excellent achievement for the London and Dubai programmes.”
This year‘s highlights from the rankings were:
• fifth (EMBA) and sixth (EMBA Global) placing overall for aims achieved, a strong measure of how well the programme delivered against alumni expectations.
• high ranking for career progression – ninth (EMBA) and 13th (EMBA Global) overall in the table.
For more information, visit http://rankings.ft.com/businessschoolrankings/rankings2011-10-24
2011-10-19
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Four nominated for Thinkers50 awards
A quartet of London Business School professors have been shortlisted across four categories for this year's Thinkers50 awards.
Nirmalya Kumar has been nominated for the Global Village Award, which is given to the person who contributes most to the business community's understanding of globalisation and the new frontiers established by the emerging markets.
2011-10-19
2011-10-17
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Christopher Hennessy awarded ERC grant
Professor Christopher Hennessy has received funding on a competitive basis from the European Research Council (ERC). The grant, which amounts to €1,103,996, has been awarded for a four-year research programme that Christopher will conduct on "Dynamic Structural Corporate Finance: Linking Theory and Empirical Testing."
Over 4,000 applications from the physical, social and life sciences across Europe were submitted to the ERC, this is a 42% increase compared to the last Starting Grant call. Funding for the fourth call was awarded to less than 15% of the proposals.
This award was made under the ERC's fourth competition for the Starting Independent Researchers 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 valuable resources to support teaching buyouts, research assistance and direct research expenses.
In response to the award, Christopher said: "As an academic working on corporate finance today, I never face a shortage of interesting questions, only scarcity of time and resources to answer them. The ERC Grant represents a tremendous opportunity for me to work on two pressing questions: How responsive are corporations to changes in taxes and regulations? And what combination of taxes and regulations should be used to improve corporate incentives?"
Christopher is a Professor in the Finance Subject Area. A Specialist in corporate financial management, valuation of financial securities, and information economics, he was formerly Associate Professor of the University of California, Berkeley.2011-10-17
2011-10-11
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The Right Honourable Lord Mayor of London addresses MBA students
As part of the London Talks series, Alderman Michael Bear addressed the class of MBA2013 on the ‘Formula for Success – Leading the World’s Global Financial Centre’. Providing students with the opportunity to learn about the city’s history and challenges while also gaining a better understanding about the role of the Lord Mayor; the talk was introduced and moderated by Helene Rey, Professor of Economics.
In the historic surroundings of the Honourable Artillery Company, a British institution which dates back to 1537 and is now home to the oldest regiment of the British army, the Lord Mayor ofLondonwas announced in a traditional ceremony by the Company of Pikemen and Musketeers, their principal duty being to escort the Lord Mayor at civic duties.
2011-10-11
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Flat-Club celebrates first successful year and looks to expand in Europe
Flat-Club is an exclusive network for alumni and students of top business schools to arrange short term accommodation solutions.
Launched in November 2010 by Nitzan Yudan (MBA2011) and Tomer Kalish (MBA2010), Flat-Club grew quickly from 5 to 2,000 flats – mainly through word of mouth with the help of the LBS alumni network.
2011-10-11
2011-10-10
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El Bulli chef serves up business competition
World-renowned El Bulli chef Ferran Adrià is launching a competition for the world’s top business students to design an innovative business model for the El Bulli Foundation, which will open in 2014.
Speaking at an exclusive London Business School event on Friday, the Spanish Michelin-starred chef shared his passion for innovation with the audience as he set out the unique ideas challenge.
2011-10-10
2011-09-23
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Entrepreneurs step into The Fold
Two London Business School graduates are seeking $1 million in external financing for their new fashion retail venture.
The Fold is aimed at stylishly attiring professional women in clothes that suit both the office and the wine bar.
2011-09-23
2011-09-21
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From Abu Dhabi to Zurich: Alumni celebrate global community
From Abu Dhabi to Zurich and Bogota to Wellington, thousands of London Business School alumni are joining together for its annual event on 22 September.
This year’s Worldwide Alumni Celebration is the biggest yet with over 90 cities around the world taking part in a range of events, from talks from London Business School faculty and special guests, through to barbeques. Each event has been organised by alumni clubs and volunteers.
2011-09-21
2011-09-14
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Obituary: John Stopford, late Emeritus Professor of International Business
John Stopford was a remarkable man combining the capabilities of a first rate business academic, an expert teacher (especially of executives and MBAs) and a guru able to connect with top management teams and business practitioners.
In the world of management education he was probably the most influential institution builder in the UK and Europe, as one of the founders of the field of International Business and a leader in establishing both the Executive Education and Strategic and International Management departments at London Business School over forty years ago.
2011-09-14
2011-09-02
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Sir Ranulph Fiennes addresses new MBA class
Adventurer Sir Ranulph Fiennes has spoken to the new MBA class at London Business School about his record-breaking circumnavigation of the globe on its polar axis.
Addressing the assembled students at Lord's Cricket Ground as part of the School's London Talks Series, Sir Ranulph said that he would look for motivation when selecting people to take part in his adventures. Motivation, according to Sir Ranulph, is "a total of all that has happened to you and how you react to it".
2011-09-02
2011-08-22
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London Business School aligns with business to back women in business
London Business School pledges to admit 30 per cent females on to its MBA programme
London Business School has announced that it is aiming for at least 30 per cent of its MBA programme to be women.
2011-08-22
2011-08-10
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US recession 'cannot be ruled out'
The prospect of another US recession cannot be ruled out, according to a London Business School expert.
Richard Portes, professor of economics at the School, explained to CNBC that a double-dip recession could also be on the cards for the UK, as a result of the recent turbulence in the world's financial markets.
2011-08-10
2011-08-09
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Carbon Club to set the agenda with ministers
London Business School’s Carbon Club will co-host a roundtable on green economy with the United Nations Economic Commission for Europe (UNECE) at an agenda-setting conference in Kazakhstan in September.
This will be the final event of the year in a series of roundtables set up between the club and the UN to bring together leading figures from the public and private sectors to forge actionable outcomes for the green economy.
2011-08-09
2011-08-05
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Rey elected to British Academy
London Business School’s Hélène Rey is one of only 38 academics to have been elected a Fellow of the British Academy.
The Professor of Economics has been recognised for her outstanding contribution to scholarship and research in the humanities and social sciences.
2011-08-05
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London Business School tops Forbes international MBA rankings
London Business School has retained its position at the top of a table listing the most successful institutions offering two-year full-time MBA programmes.
The School beat Manchester and IESE, based at the University of Navarra in Barcelona and Madrid, to hold on to its top ranking in Forbes' two-year international (non-US) category.
2011-08-05
2011-08-03
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School's faculty line-up announced
London Business School has announced the appointment of a host of world class academics and industry experts who will join the faculty in 2011/2012.
PhD graduate from Stanford University, Gabrielle Adams, joins as assistant professor of organisational behaviour. Dr Adams has a number of specific research interests including responses to injustices and morality and ethical behaviour.
2011-08-03
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Mongolia mission for MBA graduates
Four London Business School MBA graduates are preparing to embark on an epic fundraising journey to Mongolia in an ambulance.
The 10,000-mile rally from the capital to Ulan Bator is scheduled to take four weeks, with the ambulance then being donated in Mongolia to serve the local community.
2011-08-03
2011-08-01
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London Business School students visit the President of Lebanon
Last month, twenty MBA 2012 students from twelve different countries enjoyed a week-long trip to Lebanon, to experience for the first time the social and cultural gems the country has to offer.
Undeniably, the highlight of the trip was a visit to the Presidential Palace, where the group met the Head of State and discussed Lebanon’s key economic and political role in the region and international arena.
2011-08-01
2011-07-22
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Pink counterproductive to breast cancer awareness
Research into gender identity cues in breast cancer communications uncovers surprising new insights into women’s perceived vulnerability to the disease.
Leading international business schools London Business School; Rotterdam School of Management, Erasmus University (RSM) and INSEAD have issued new research into women’s perceptions of breast cancer communications. Such communications often feature cues referring to a woman’s gender identity, such as pink backgrounds, pink ribbons, or simply other women. The study found that the presence of such gender cues can be inadvertently counterproductive to the key goals of breast cancer awareness campaigns.
2011-07-22
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Increase in commodity prices brings challenges and opportunities to China
London Business School’s ‘China and the Challenge of Commodities’ forum, which was held in Shanghai on 20 July, drew the participation of more than 150 business leaders and enterprise representatives.
Andrew Scott, Professor of Economics and Deputy Dean of London Business School, described China as one of the major emerging markets in the world, which is now influenced by the increase in commodity prices. This effect would be a challenge as prices of manufacturing input increase, but could also be seen as an opportunity to stabilise the over-heated economy.
Professor Scott began the forum by introducing the connection between the emerging market, China and its commodity prices. After the 2008 financial crisis, which slowed the economic growth in Western countries, it has in fact accelerated this economic development shift to the East. In contrast, these emerging markets are growing strongly and starting to drive different global variables, including commodity, inflation, GDP and exchange rates.2011-07-22
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Portes urges euro action
London Business School Professor of Economics Richard Portes has joined forces with other leading European economists in warning that action must be taken immediately to save the euro.
Professor Portes, the founder and president of the Centre for Economic Policy Research (CEPR), has put his name to an open letter urging EU leaders to take decisive action on the eurozone crisis.
2011-07-22
2011-07-19
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Enforced reporting raises standards
Research by a London Business School academic has found that enforced corporate reporting increases the social responsibility of business leaders.
The School's Ioannis Ioannou, Assistant Professor of Strategic and International Management, together with George Serafeim of Harvard Business School, produced a report entitled The Consequences of Mandatory Corporate Sustainability Reporting after studying the effect of sustainability reporting on management practices in 58 countries.
2011-07-19
2011-07-12
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Jenkins appointed to Bank of England
Robert Jenkins, adjunct professor of finance at London Business School, has been appointed to the Bank of England’s Interim Financial Policy Committee (FPC).
The FPC has been created to better ensure the stability of the financial system. Jenkins is expected to lobby for investors to play a bigger role in persuading banks to take less risks.
2011-07-12
2011-07-06
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Consulting team open for business
Businesses have been offered the opportunity to profit from the expertise of London Business School's elite MBA students.
Each year, six to eight of the School's top students join forces to form London Business School’s Consulting Team.
2011-07-06
2011-07-04
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Recognising entrepreneurial alumni
Through its annual Entrepreneurship Awards, London Business School’s Entrepreneurship Club recognises the achievements of the School’s alumni who have set up successful entrepreneurial ventures. The awards are in their second year, with one given for early-stage ventures and one for longer-running operations.
Winner of the former award, Saleem Arif MBA2005, is recognised for making significant progress towards turning QualitySolicitors into the UK’s first national legal brand, having signed up 170 firms to date. The target for October 2011 is 300 firms, equivalent to 5% of the entire private-client legal market.
2011-07-04
2011-07-01
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Research shows customised online ads are often ineffective
When consumers research a product online, a big question for marketers is whether or not to tailor advertisements to individuals’ interests. If you’re looking at a pair of running shoes on a website, how effective would it be for an ad for those shoes to pop up again later on in an ad on an unrelated website?
Maybe that ad would persuade you to buy the shoes, but it is unlikely to have any effect at all, according to a recent study by Anja Lambrecht, Assistant Professor of Marketing at London Business School and Catherine Tucker, Assistant Professor of Marketing at MIT Sloan School of Management.
2011-07-01
2011-06-20
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FT ranks London Business School’s Masters in Finance No1 in world
London Business School’s Masters in Finance has been ranked Number 1 globally by the Financial Times for post-experience programmes.
The Financial Times’ inaugural rankings were split into pre- and post-experience programme, and London Business School is the only leading business school to have made it into this year’s post-experience ranking – 11 institutions were shortlisted but only three were directly comparable in terms of the type of programme offered.
2011-06-20
2011-06-10
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Business leaders say internal bureaucracy biggest barrier to innovation
Three quarters of business executives think bureaucracy within organisations is the biggest barrier to innovation, according to a survey by London Business School.
The poll was conducted at London Business School’s 9th annual Global Leadership Summit on 23 May 2011, attended by more than 650 business executives from some of the world’s leading organisations.
2011-06-10
2011-06-01
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School forum explores Asia outlook
London Business School's eagerly-anticipated Asia Business Forum welcomed some of the continent's leading business figures to the capital.
The flagship event of the Asia Club of London Business School, the forum examined the growth, challenges and business opportunities in Asia following the global economic crisis.
2011-06-01
2011-05-26
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His Royal Highness the Prince of Wales honoured by London Business School
In a ceremony on 23 May, at St James's Palace, London Business School awarded The Prince of Wales with an honorary degree.
In his citation, Sir Andrew Likierman, Dean, said: “We are proud to celebrate the outstanding work of His Royal Highness and recognise his dedication and commitment to business and corporate responsibility.
2011-05-26
2011-05-25
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Unearthing the Middle East’s Pillars of Growth
As the Middle East undergoes radical transformation, London Business School's Middle East Club will be holding what promises to be a timely and insightful conference on the economic future of one of the world’s fastest growing regions.
Middle East Conference 2011 will bring together some of the most prominent business leaders from the region on 2 June for an intellectual exchange on some of the hottest topics, namely growth and human capital.
2011-05-25
2011-05-23
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London Business School and Deloitte start new engine for growth
London Business School and Deloitte, the business advisory firm, has launched the Deloitte Institute of Innovation and Entrepreneurship, a new partnership aimed at better equipping business leaders and entrepreneurs with the information, insights and resources to create new growth and tackle social and economic challenges.
The Deloitte Institute of Innovation and Entrepreneurship will generate leading-edge research to improve the understanding of innovation and entrepreneurship worldwide. Through its research, teaching, and outreach activities, the Deloitte Institute of Innovation and Entrepreneurship aims to equip individuals and organisations with the insights and tools they need to create wealth and contribute to the nation’s economic wellbeing.
2011-05-23
2011-05-20
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Innovation: Idea, Create and Accelerate
World leaders in business and government will debate innovation and entrepreneurship at London Business School’s Global Leadership Summit on 23 May.
George W Buckley, Chairman, President and Chief Executive of 3M; Sir Martin Sorrell, Founder and Chief Executive, WPP; António Horta-Osório, Chief Executive Officer, Lloyds Banking Group; David Sproul, Chief Executive Elect, Deloitte UK and Better Place founder Shai Agassi are among the speakers addressing delegates at this year’s Global Leadership Summit, which is sponsored by Deloitte.
2011-05-20
2011-05-16
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Entrepreneurs: born or made?
We all remember the kid who sold sweets to his friends in the school playground (though my sons tell me it’s now more likely to be mobile phones). Although it’s difficult to generalise, entrepreneurs do seem to share some traits.
Harvard Business School professor W A Sahlman defined entrepreneurship as ‘The relentless pursuit of opportunity without regard to tangible resources currently controlled’ and ‘The continuous development of intangible resources to pursue opportunity.’ Translated into everyday speech Sahlman’s accounting terminology means that entrepreneurs are those who will say, ‘I haven’t got the money, the people or indeed any other of the things you might expect of someone looking to put together a new business – but I’m determined to do it anyway.’ Likewise there’s something common to entrepreneurs in their attitude to risk.
2011-05-16
2011-05-10
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School gets Latin American approval
London Business School has received a further MBA Global Schools Ranking accolade after being placed second by two leading Latin American business publications.
2011-05-10
2011-05-05
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Envisioning India's New Landscape
The India Business Forum at London Business School has announced details of its annual conference, entitled 'Envisioning India's New Landscape'.
The ninth student-run forum will be held at the School on Thursday 19 May.
2011-05-05
2011-05-04
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Evolving Asia: Growth, Challenges and Opportunities
London Business School is to host its annual Asia Business Forum later this month, bringing together some of the continent's most influential figures to discuss the most pressing issues facing the ever-expanding region.
The theme of this year's student-run event, now in its sixth year, is "Evolving Asia: Growth, Challenges and Opportunities".
2011-05-04
2011-05-03
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Module inspires private equity book
An elective module at London Business School has inspired a new book aimed at giving its readers a valuable insight into the private equity industry.
International Private Equity by Eli Talmor, Professor of Accounting and Chairman of the School's Coller Institute of Private Equity, and Florin Vasvari, Assistant Professor of Accounting, explores a range of subjects such as LBO modelling, the secondaries markets, emerging markets, fund due diligence, listed private equity and gatekeepers.
2011-05-03
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Kumar in top ten Global Indian Thought Leaders
London Business School's Nirmalya Kumar has been handed a major accolade by India's leading business newspaper.
The Economic Times ranked Kumar, who is Professor of Marketing and Co‐Director of the School's Aditya Birla India Centre, 10th in its annual 'Global Indian Thought Leaders' list.
2011-05-03
2011-04-26
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Solar cell idea wins CleanTech Challenge
The newest innovations in clean technology have been celebrated at a London Business School and University College London initiative.
A global range of student teams competed in the CleanTech Challenge 2011, which was won by a group proposing a low-cost process which would see the use of nanostructures to improve the efficiency of solar cells.
2011-04-26
2011-04-18
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London Business School tops finance research league
London Business School has topped a table which examines financial research contributions by Europe's leading institutions.
The research relates to the output of 22 finance journals, with the Author Affiliation Index (AAI) calculating the number of authors from top-ranked business schools which contributed financial research.
2011-04-18
2011-03-07
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Green Infrastructure has a ‘vital’ role to play in building the green economy, says LBS Carbon Club
London Business School’s Carbon Club, UN Economic Commission for Europe (UNECE), UN-HABITAT and partners, hold green infrastructure event in run-up to Rio 2012
London Business School’s Carbon Club, UNECE, UN-HABITAT and their partners will host an official event at the United Nations Preparatory Meeting for Rio+20, looking at investing in green infrastructure on 7 March in New York.
Held in conjunction with Local Governments for Sustainability (ICLEI), the Network of Regional Governments for Sustainable Development (nrg4SD), speakers will share experiences and explore approaches to enhance action by cities towards the green economy.2011-03-07
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Council accredits School's PhD hub
The PhD programme run by London Business School has been accredited by the Economic and Social Research Council.
The development is significant as the School is the only small, specialist institution to be given Doctoral Training Centre status.
2011-03-07
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‘Fundamental lessons’ on long-term profit growth:
Very few companies achieve consistent profit growth year after year but a new book by two business school professors offers practical guidance to help firms improve their chances of doing so.
In Beyond the Familiar, Patrick Barwise (London Business School) and Seán Meehan (IMD) go back to basics: actionable customer insights flowing freely through the firm, leading to relentless customer-focused innovation and an increasingly strong, trusted brand. They place particular emphasis on open organizational culture: “Again and again in our research, we have seen how poor framing, fear, vested interests, complacency, and denial block the free flow and discussion of the market information and ideas that power customer-focused execution and innovation and, ultimately, long-term growth. Open organization is, therefore, at the heart of our framework. ”
2011-03-07
2011-03-01
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Shattering the glass ceiling – successful women share their secrets
A London Business School professor has attacked the "scandalous" absence of women in UK boardrooms in the run-up to a conference on the issue being held at the School on Saturday 5 March.
This year's Women In Business event is themed Closing Gaps: The next stage in women's leadership, taking place on 5 March at London Business School. The conference is designed to address and inspire the next generation of high potential women and to help them succeed as managers, leaders and organizational visionaries.
2011-03-01
2011-02-25
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Monetary policy in extraordinary times
Professor David Miles, from the Bank of England's Monetary Policy Committee, gave a speech to London Business School and the Centre for Economic Policy Research on 23 February.
He suggested that UK growth through the its economic recovery period is expected to be only around the trend rate, rather than above it, as might have been expected had we not witnessed the extraordinary circumstances of “probably the most serious banking crisis in the UK’s history”,coupled with a sharp rise in commodity prices and a fall in world trade “at a pace that one associates with the start of a world war”.
2011-02-25
2011-02-22
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Shivakumar called to accounts
A London Business School professor has been appointed editor of a leading academic journal.
Lakshmanan Shivakumar will assume editorial responsibility of the Review Of Accounting Studies, one of the foremost publications of its kind.
2011-02-22
2011-02-18
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Business leaders share strategies for long-term survival
The world’s most innovative and high-performing companies will share their strategies for navigating the ever-shifting industrial landscape at London Business School’s Industry Club Summit (18 February).
The leading businesses reveal how they prepare for the future to overcome the business challenges ahead over the next decade and beyond.
2011-02-18
2011-02-11
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Hotel review sites 'can be better'
Review websites for hotel customers need to be more sophisticated, according to London Business School's Michael Nowlis.
Commenting as chair of a panel discussion at the Hospitality Sales and Marketing Association International's first conference, Michael – Director of the School’s Senior Executive Programme – added that the issue will become more significant in the near future, especially given the likelihood that the UK's hotel ratings system will disappear.
2011-02-11
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More rankings success for London Business School
London Business School is the second best business school in the world, behind Harvard, according to Expansión, Mexico's leading business magazine.
The School's ranking, based on the quality of its MBA courses, has consistently featured in the top ten, steadily improving on its position year-on-year.
2011-02-11
2011-02-08
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Equities outperform inflation, bonds and cash, say professors
Despite a remarkable recovery since the financial crisis, stock markets have given a poor return since the beginning of 2000, according to the annual Global Investment Returns Sourcebook, produced by a team of finance experts at London Business School.
However, in the Sourcebook, published by Credit Suisse’s Research Institute, Professors Elroy Dimson, Paul Marsh and Dr Mike Staunton reveal that over the long run, equities have outperformed inflation, bonds and cash in every market examined.
2011-02-08
2011-02-07
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Masters in Finance job success in a challenging market
At least eight in 10 London Business School graduates from the full time Masters in Finance programme (MiF) found a job within four months of finishing their studies, up 13 percentage points on last year, according to the Masters in Finance Employment Report for 2010.
Fiona Sandford, the School's Director of Career Services said the 85% employment success rate is testament to the hard work of graduates, recruiters and alumni, despite the challenging state of the economy.
2011-02-07
2011-02-02
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Pavlova awarded ERC grant
Dr Anna Pavlova has received a grant from the European Research Council (ERC).
The Associate Professor of Finance was awarded the funding for her five-year research programme on "Institutional Frictions in International Finance and Asset Pricing".
2011-02-02
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Corporate governance research grant for Tuna
London Business School’s Dr Irem Tuna has received a major funding grant from the European Research Council (ERC) for a five-year research programme on corporate governance.
The Associate Professor of Accounting received the grant on a competitive basis and said she would look to "push the frontiers" of research into corporate governance.
2011-02-02
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European study grant for Surico
Paolo Surico, Associate Professor of Economics, has been awarded a prestigious grant to carry out a four-year research programme.
Dr Surico received the funding from the European Research Council (ERC) after impressing among more than 2,500 other applications. Fewer than 10% of the proposals, from the physical, social and life sciences, received ERC backing.
2011-02-02
2011-01-31
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Hat trick for London Business School as it tops FT MBA ranking
London Business School's MBA programme has been ranked number one in the world for the third year running in the annual Financial Times MBA ranking published on 31 January 2011.
The School has been in the top ten since the ranking was launched in 1999 and shares the top spot this year with University of Pennsylvania: Wharton.
2011-01-31
2011-01-28
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Fashionable duo target high-fliers
Two London Business School MBA students are targeting high-flying professional women as they launch their first fashion collection at a five-star hotel.
Designer and retailer The Fold, set up by the School's Cheryl Mainland and Polly McMaster, are unveiling a range which they claim will look good, travel well, be comfortable and allow professionals to go from the office to the night in style.
2011-01-28
2011-01-27
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London Business School takes on Davos
London Business School faculty will be exploring the ‘new reality’ for business at the World Economic Forum in Davos.
At an IdeasLab session introduced by Sir Andrew Likierman, Dean of London Business School, four faculty members from the School will look at the ‘new reality’: interconnectedness in a changing landscape. Challenging prevailing theories, unquestioned assumptions and established ways of working, the academics will be exploring and debating four areas:
2011-01-27
2011-01-24
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Big banks 'must be allowed to fail'
Financial institutions deemed "too big to fail" must establish a new system which allows them to "fail safely", the head of the Independent Commission on Banking has told a London Business School audience.
Sir John Vickers, heading an investigation into the potential break-up of the UK's biggest banks, said taxpayers must not continue to be forced into providing "generous safety nets" which help banks avoid going bust.
2011-01-24
2011-01-21
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Royal visit for London Business School
His Royal Highness The Duke of York has visited students at London Business School, Friday 21 January 2011 to discuss the prospects for foreign investment in the UK.
As the UK's special representative for international trade and investment, the Duke promotes the country overseas to potential investors.
2011-01-21
2011-01-18
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What should be on the Davos agenda?
January sees the World Economic Forum’s Annual Meeting at Davos. But what should the leaders of the world be discussing? London Business School faculty make their suggestions.
Every January the World Economic Forum holds its Annual Meeting at Davos. Participation is by invitation only and limited to chief executives of leading global businesses; politicians from the G20 and other key countries – including over 30 heads of state and government; the heads of all major international organisations; as well as media, spiritual and cultural leaders. London Business School will be contributing to the debate, represented by Sir Andrew Likierman, Michael Hay, Kamalini Ramdas, Rajesh Chandy and Gary Dushnitsky.
2011-01-18
2011-01-17
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Smaller firms 'performing well'
Mid and small-cap companies have had a second consecutive year of excellent share price performance, according to London Business School professors Elroy Dimson and Paul Marsh.
Their report, the RBS Hoare Govett Smaller Companies (HGSC) Index, published in conjunction with Royal Bank of Scotland, measures how firms in the bottom 10% by value are performing in the main UK equity market.
2011-01-17
2011-01-12
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BP oil disaster cause 'is systemic'
Free market capitalism, the economic model driving governments and corporations, is fundamentally responsible for BP's Deep Water Horizon environmental catastrophe, according to a London Business School academic.
Freek Vermeulen, Associate Professor of Strategic and International Management, came to the conclusion after reading the White House's own report into the disaster, which laid waste to a section of the Gulf of Mexico.
2011-01-12
2011-01-06
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School wins coveted management prize
London Business School has won a prestigious global prize for the first time in the competition's 14-year history after a four-man team triumphed in the management consulting contest.
The AT Kearney Global Prize is a competition for first year MBA students that tests their communication and personal impact skills, as well as their analytical and client-facing techniques.
2011-01-06
2011-01-05
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Top young researcher accolade for Surico
Paolo Surico, Associate Professor of Economics at London Business School, has won a prestigious economics award which recognises him as one of the top young researchers in his field.
He has been selected for a 2011 Kiel Institute Excellence Award in Global Economic Affairs.
2011-01-05
2010-12-23
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Global economies “must adjust” to survive, warns economist
There is a big question mark over the health of the world economy in 2011, according to an expert at London Business School.
Andrew Scott, Professor of Economics, has warned that global economies must adjust in a co-ordinated way or risk political and financial instability.
2010-12-23
2010-12-16
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New management programme graduates prove a hit with employers
A new report by London Business School has revealed that 95% of students on its inaugural Masters in Management (MiM) graduate-level programme found employment within three months of graduating.
The MiM Employment Report 2010 centred specifically on the first graduates at the School to study the programme, which was launched in 2009.
2010-12-16
2010-12-15
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London Business School students visit India’s Union Home Minister
A group of 40 students from London Business School met with India’s Union Home Minister, Sri P Chidambaram, to discuss the sustained economic growth that India has been experiencing despite the global economic crisis.
The students, who represent 18 nationalities and a variety of professional backgrounds, are visiting India until 22 December meeting with politicians and business leaders across a variety of sectors.
2010-12-15
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Entrepreneurs reveal growth plans
More than 90% of entrepreneurs expect to grow their revenues next year, a survey has revealed, with an expert from London Business School claiming "entrepreneurs are never happy standing still".
The survey of about 350 UK business pioneers found only 8% expect either no growth or their company to shrink next year, an improvement on 20% in 2009. However, 56% are much more positive - expecting to generate at least 10% revenue growth - while 36% fall somewhere in between, forecasting growth to be up to 10%.
2010-12-15
2010-12-09
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School sees jump in MBA graduate employment rates
A new report published by London Business School has shown that the employment rate for its students has jumped by 10% this year compared with 2009 figures.
Shortly after being named as having the number one ranked MBA programme in the world by the Financial Times, the School's MBA Employment Report 2010 has shown that 91% of students found employment within three months of graduating this year.
2010-12-09
2010-12-07
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School scores high in FT league table
London Business School has again been ranked in second place by the Financial Times in its annual league table of European business institutions.
A total of 75 business schools are listed in the newspaper's European business school rankings. They are compiled by combining the five business school rankings published annually by the FT - the Global MBA rankings, the Executive MBA rankings, the Executive Education (customised and open) and the Masters in Finance ranking.
2010-12-07
2010-11-30
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MBA student in running for Women of the Future
A top student from London Business School was nominated for the Women of the Future Awards.
Kathryn Farmer, a second-year MBA student at the School, was shortlisted for the awards, which seek to unearth and recognise the stars of tomorrow across diverse industries, celebrating high-achieving women under 35 who are inspirational in their professions.
2010-11-30
2010-11-29
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Barwise switched on to TV trends
London Business School's Patrick Barwise has rejected the "deluded" belief that television viewers will abandon traditional TV channels over the few years in favour of on-demand content.
Barwise is emeritus professor of management and marketing at the School and chairman of the consumer organisation Which? He was speaking in a personal capacity at the annual Voice of the Listener and Viewer conference.
2010-11-29
2010-11-24
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Pharma CEO banking on success
The CEO of one of the world's leading pharmaceutical firms has told London Business School that healthcare provision can prosper despite economic uncertainty and public spending cuts.
AstraZeneca chief David Brennan - speaking at the 3rd London Business School Healthcare Conference - said the future of healthcare faced "an unprecedented time of change and challenge".
2010-11-24
2010-11-23
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Lessons in entrepreneurship for London youngsters
London Business School welcomed a group of students from Burlington Danes Academy in West London to a workshop aimed at improving their understanding of business.
The group of Year 11 and Year 13 BTEC Business Study students, accompanied by their teacher Laura Megaw, took part in number of activities, culminating in a competition based on the popular BBC business programme Dragons’ Den.
2010-11-23
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London Business School top for intellectual capital
London Business School has been cited as the number one business school outside the US for intellectual capital by BusinessWeek.
The latest rankings, which take factors into consideration such as student satisfaction, research output and likelihood of employment following an MBA programme, placed the School fifth overall.
2010-11-23
2010-11-04
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Employers will 'look for specialist skills'
London Business School’s Professor Lynda Gratton has said employers will look for specialist skills in the coming years.
Professor Gratton said that employers will be looking for "deep" skills over more general ones over the next decade.
2010-11-04
2010-11-03
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Debate calls for new approach to philanthropy by the UK business sector
Debate on the role of business in society at the Pears Business School Partnership lecture at London Business School
Every responsible business must be able to articulate how it is contributing to the common good and we need a new generation of socially responsible business leaders according to a debate held at the first Pears Business School Partnership lecture at London Business School on 1 November.
2010-11-03
2010-11-02
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'Business Exposed' breaks new ground
Freek Vermeulen, Associate Professor at London Business School, has published a groundbreaking new book, which delves into previously untouched areas of business study and challenges common perceptions within the industry.
He investigates CEO pay, the role of boards and the role of the City amongst other crucial themes in Business Exposed.
2010-11-02
2010-10-29
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London Business School tops journal impact survey
A new survey into the impact of economic and business papers produced by academic institutions across the UK has placed London Business School top of the list.
According to the Essential Science Indicators database of Thomson Reuters, the School has an impact rating of 12.6.
2010-10-29
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Alumnus picks up innovation award
An alumnus of London Business School has picked up a major award recognising his contribution to innovation.
Nick Hughes, managing director of Signal Point Partners, collected the Social and Economic award at the Economist Innovation Awards, held at the Science Museum in London. Mr Hughes, EMBA2001, was recognised for his part in creating the M-Pesa venture in Kenya, a mobile money-transfer initiative.
2010-10-29
2010-10-26
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António Horta-Osório joins Governing Body
London Business School is pleased to announce that Mr António Horta-Osório, Chief Executive of Santander UK plc, has accepted an invitation to join the Governing Body.
Santander and Mr Horta-Osório have a strong relationship with the School. In 2008, he was a guest of the School to present on retail banking and earlier that year he officially launched the Santander Scholarships Programme, generously supporting scholarships for both the MBA and MiF students.
2010-10-26
2010-10-25
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London Business School gains in Financial Times Executive MBA rankings
In the Financial Times Executive MBA ranking, published today, London Business School is the only leading business school in the world to be ranked twice in the top ten.
The School’s EMBA-Global programme, run in partnership with Columbia Business School, has been ranked number two in the world, up one place from last year and the Executive MBA, with its London and Dubai intakes, is ranked number six in the world, up two places from 2009.
2010-10-25
2010-10-17
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Boudreau joins key NASA project
Kevin Boudreau, Assistant Professor of Strategic and International Management, is to play a key role in the running of a software development initiative established by NASA and Harvard University.
The NASA Tournament Lab (NTL) is a forum where the space agency can present computational or complex data processing problems and software developers can compete with each other to create the computer code that will provide the best solution.
2010-10-17
2010-10-14
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London Business School rings the changes at Telenor
London Business School is ringing the changes with Norwegian telecoms giant Telenor, after receiving outstanding customer feedback on its custom-made programmes.
A recent survey by independent pollsters, Gallup, ranked Telenor employees’ satisfaction with their custom-made London Business School executive education programme among the top 5% of the global customer satisfaction average on the TRIM index, which measures customer retention levels.
Following a decision to invest in its global team and create a common marketing culture across the organisation, Telenor’s Brand Academy looked to London Business School to design a programme to make their marketing more effective and to help them to better understand their customers’ needs.2010-10-14
2010-10-08
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Dimson chairs Norwegian council
London Business School's Emeritus Professor of Finance, Elroy Dimson, will chair a Norwegian council charged with reporting on the long-term investment strategy of the Government Pension Fund Global (GPFG).
Professor Dimson will lead the Strategy Council - established by the Ministry of Finance as part of the national budget for 2011.
2010-10-08
2010-09-27
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French Prime Minister announces new members of Conseil d’Analyse Économique
London Business School Professor Hélène Rey announced as member
French Prime Minister Francois Fillon has named London Business School’s Professor of Economics, Hélène Rey, as one of the six new members of his Economic Council (Conseil d’Analyse Économique, CAE), a non partisan body, whose role it is to advise the Government on economic matters.
2010-09-27
2010-09-23
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Global alumni celebrations for London Business School
The London Business School community will be staging 90 events across 54 countries to commemorate its Worldwide Alumni Celebration.
The global event on 23 September gives alumni an opportunity to celebrate their lifelong connections to the School and support its strong alumni networks.
2010-09-23
2010-09-22
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Gratton and Goffee in HR’s ‘Most Influential’
Lynda Gratton, Professor of Management Practice, and Rob Goffee, Professor of Organisational Behaviour, have both been recognised in the top ten most influential thinkers in HR by industry publication, HR Magazine.
Prof Gratton took third spot, with Prof Goffee close behind in seventh place.
2010-09-22
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Sunil Bharti Mittal appointed to London Business School’s Governing Body
London Business School is pleased to announce that Mr Sunil Bharti Mittal, Chairman and Group CEO of Bharti Enterprises, has agreed to become a Governor of the School.
In his role, Mr Mittal will work with the other Governing Body members, including the Hon Apurv Bagri (Deputy Chairman) and Managing Director of Metdist Group, to address issues relating to the governance of the School. This group addresses the major issues relating to the School's development and work, including financial planning, approving accounts and appointing the Dean.
2010-09-22
2010-09-14
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London Business School presents Sustainable Globalisation
Special lectures in New Delhi and Mumbai
Professor Sir Andrew Likierman, Dean of London Business School, will lead two special lectures at the Taj Mahal Hotel in New Delhi on Tuesday 21 September and the Taj Mahal Palace Hotel in Mumbai on Thursday 23 September.
2010-09-14
2010-09-13
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Service Innovation conference at London Business School
On 22–23 September 2010, the School’s Institute of Innovation and Entrepreneurship is hosting an invitation-only conference on Service Innovation.
The event has been arranged in collaboration with the Massachusetts-based Marketing Science Institute (MSI) with advice and support from proven innovators including General Electric, Henkel, Barclays, Abbott Laboratories and Volvo.
2010-09-13
2010-09-03
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Dubai and London join forces
The London and Dubai streams of London Business School’s Executive MBA (EMBA) programme have joined together for the first time to deliver a truly international programme experience.
Students who will be based at the Dubai International Financial Centre (DIFC) joined London EMBA students this week for the opening block week, designed to fully integrate the two student groups, forging connections that will enrich their experience through the programme and beyond.
2010-09-03
2010-08-25
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London Business School ranked top b-school outside US
The creator of BusinessWeek’s influential MBA rankings has named London Business School as the best business school in the world outside the US, in his new set of rankings.
John A. Byrne, editor-in-chief of business school community website Poets & Quants, cited the “stellar quality” of London Business School’s faculty and students, and how it has “smartly leveraged its location” in the financial centre of Europe.
2010-08-25
2010-08-17
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Japan loses second spot to China
Japan has lost its place as the world's second biggest economy to China, with experts at London Business School predicting further growth to come in the newly installed second most powerful economy on the planet.
The Japanese government revealed the country's GDP grew at an annualised rate of just 0.4% in the second quarter, far below the 4.4% growth seen in the first quarter, and the 2.3% expected by economists.
2010-08-17
2010-08-06
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Christopher Hennessy named “Rising Star” in Finance
Christopher Hennessy, Professor of Finance, has been recognised as one of the world’s top early-stage researchers in his field.
The “Rising Star” accolade, awarded to only four researchers every two years by Rensselaer and New York University’s Stern School of Business, recognises his body of work, as an academic who obtained his PhD within the last decade.
2010-08-06
2010-08-04
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Executive MBA students visit South African ICT specialist
Executive MBA students from London Business School have travelled to South Africa to visit one of the continent's biggest ICT management providers.
They were given a unique glimpse of the 'Nerve Centre' of South African firm Integr8, which specialises in ICT solutions such as online security, disaster recovery and infrastructure management for blue chip companies.
2010-08-04
2010-07-14
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School receives scholarship support for Brazilian students
London Business School has received a generous scholarship donation from an anonymous donor. The Wili and Ilse Scholarship is a fund supporting students of Brazilian nationality on the MBA programme.
Sir Andrew Likierman, Dean, comments, “I would like to thank this donor for their generosity and support. Scholarships are so important to us as they enable the School to attract and retain some of the most talented and deserving students from across the world. This gift will have a real impact on the lives of future generations of Brazilian students at London Business School.”
2010-07-14
2010-07-13
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Shanghai – 21st Century Financial Capital
Over 100 business leaders and entrepreneurs gathered in Shanghai on 7 July as Andrew Scott, Professor of Economics, led a distinguished panel to debate the merits and challenges of the Chinese city as a financial capital as part of London Business School's Business Leaders Series.
2010-07-13
2010-07-07
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Global business leaders explore new frontiers
Business and government leaders from as far afield as Brazil, Saudi Arabia, China, India and Africa joined the globalisation debate at London Business School’s Global Leadership Summit on 5 July.
Hosted by Evan Davis, presenter of BBC Radio 4’s Today Programme, speakers spanning the worlds of finance and banking, education, technology, telecommunications, professional services and charity shared the stage to debate the extent of the gravitational shift towards emerging markets and the implications of such a shift for global business.
2010-07-07
2010-07-05
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World leaders in business and government gather for Leadership Summit
London Business School’s flagship event, the Global Leadership Summit, takes place today.
The platform brings together world leaders in business and government and London Business School's world-class faculty, corporate partners, alumni, students and VIP guests.
2010-07-05
2010-06-23
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Work in progress
Julian Franks is a Professor of Finance at London Business School and Academic Director of the Centre for Corporate Governance and lead investigator for a £1.4 million grant for research into corporate governance. We asked him for an update on his work in progress.
There is nothing which pleases the true academic more than the question, what are you working on at the moment? The true enthusiasts, such as Julian Franks, pause momentarily for breath and then launch into their driving passions of the moment.
2010-06-23
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Understanding India
Helping business leaders in India and throughout the world better understand the work which needs to be done in India – and how best it may be done – is London Business School’s Aditya Birla India Centre. Its directors, Phanish Puranam and Nirmalya Kumar, explain more about the Centre’s work.
London Business School’s India Centre is named after Aditya Birla (1943-95). Birla was a visionary Indian industrialist, who was among the first pioneers of globalising Indian business. Under his leadership, the Birla Group set up world-class production bases outside India in Thailand, Malayisa, Indonesia, the Philipines and Egypt. At the time India was a tightly controlled market and only out of the coutnry did Birla find the freedom his businesses needed. His success paved the way for later Indian globalisers such as the Mittal family.
2010-06-23
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Staffing agencies: know your workers
New research by Isabel Fernandez-Mateo, Assistant Professor of Strategic and International Management at London Business School and Matthew Bidwell, Assistant Professor of Management at the Wharton School in Pennsylvania offers fresh insights into the workings of staffing agencies.
As the world of work has changed to one in which companies aim at being lean, maintaining large full-time workforces is no longer desirable for many firms. Moreover, especially in the rapidly growing IT field, companies in need of skilled specialist workers do not necessarily have the staff in place to search for, vet and hire people for short-term projects. Thus, staffing firms that can provide companies with temporary workers have emerged as important players.
2010-06-23
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The CMO can make a difference
In many firms, the job of chief marketing officer (CMO) is in great peril: a recent survey reported that the average tenure of CMOs in large firms is a scant 23 months. Rajesh Chandy examined the reasons why and found out what it takes to be a CMO of consequence.
Because the CMO is the most direct steward of a firm’s customers and since customers are one of the few stakeholders who actually provide revenues that keep a firm running, the job of CMO is one of great responsibility.
2010-06-23
2010-06-22
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EMBA-Global Asia second intake
Top-ranked executive MBA partnership programme offered by London Business School, HKU Business School and Columbia Business School, sustains momentum with significant increase in high-calibre students and company sponsorship
EMBA-Global Asia proudly presents the second cohort of its unique executive MBA programme. Building upon last year’s successful launch of the programme, the 2010 class witnessed a 16% growth in participants, and has seen a significant increase in those with company sponsorship.
2010-06-22
2010-05-28
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Latin America Business Forum 2010
Defying the obstacles to become a new economic power
London Business School held its 5th annual Latin America Business Forum on Saturday 22 May 2010, building on the success of the previous events and the growing interest in the region. Over its five years, the Forum has quickly become one of the most important events for Latin America in Europe.
2010-05-28
2010-05-26
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Rey joins INET advisory board
Hélène Rey, Professor of Economics, has been appointed to the advisory board for the Institute for New Economic Thinking (INET).
Set up in October 2009 with a financial pledge from George Soros, INET aims to promote changes in economic theory and practice through conferences, grants and education initiatives.
2010-05-26
2010-05-19
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Conspicuous consumption
Niro Sivanathan and Nathan Pettit look at the reasons why low-income individuals tend to spend proportionally more on luxury goods than higher-income individuals.
Examinations of consumer behaviour have shown that low-income individuals spend a proportionally larger percentage of their money on the consumption of conspicuous goods than higher-income individuals. This behaviour, which seems to go against common sense, turns out to stem from the fact that luxury goods are not only status symbols, but they also provide lower-income consumers of such goods with psychological armour.
2010-05-19
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The fight for funds
Suleyman Basak, Professor of Finance at London Business School and Dmitry Makarov, Assistant Professor of Finance at Moscow’s New Economic School, explore how and why money managers make investment decisions. London Views reports on their research.
Given that investors respond to widely published fund rankings in media such as Investors Chronicle and Financial Times when making investment decisions, it is clear why fund managers want to outperform their peers. Managing a portfolio that soars to the top of a “best fund” list can attract many new investors; doing so is likely to increase the assets under management, and hence, the compensation of the fund managers. It also helps fund managers increase the size of their portfolios by garnering additional support from their companies in the form of greater advertising and promotion of the funds they manage in the hope of attracting more investors, thus providing the home company with an ever-larger base of assets. And, of course, for some managers, the reputation and status that go along with highly acclaimed success can be as strong a driver as compensation.
2010-05-19
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Avoiding another financial collapse
The financial world is once again topsy-turvy. Hélène Rey, Professor of Economics at London Business School, says that such economic trauma will continue unless those who created the problems are brought under control. The time is now.
The worldwide economic downturn sprang largely from the US and, more specifically, from the investment banks, rating agencies, Washington regulators and other players in big-time Wall Street finance.
2010-05-19
2010-05-18
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Latin America Business Forum on 22 May
'Defying the obstacles to become a new economic power'
On Saturday 22 May 2010, Emílson Alonso, CEO of HSBC Latin America, Fernando Borges, Managing Director of Carlyle Group South America, Alfonso Prat-Gay, Former President of Central Bank of Argentina, and other prominent leaders in Latin America will convene at the forum to discuss the realities of doing business in or with Latin America.
2010-05-18
2010-05-11
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Houblon-Norman George Fellowship
Dr Nicolas Coeurdacier receives prestigious award from the Bank of England
Dr Nicolas Coeurdacier, Assistant Professor of Economics, has been awarded a Houblon-Norman George Fellowship by the Bank of England. This award will enable him to spend time at the Bank of England working on a project entitled 'International Portfolios in DSGE models'. His research will focus on improving our understanding of the financial linkages between countries and more specifically international investment decisions.
The Houblon-Norman Fund was established by the Bank of England in 1944 and the fellowships are awarded to promote research into and disseminate knowledge and understanding of the working, interaction and function of financial business institutions in Great Britain and elsewhere, and the economic conditions affecting them. Fellowships are awarded to talented young researchers who are in the process of establishing a strong reputation in their field.2010-05-11
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Vodafone expands relationship with London Business School
London Business School is delighted to confirm that Vodafone Group Plc and the Vodafone Foundation have expanded their involvement with the School, bringing a range of benefits to both sides.
The Vodafone Foundation, which is at the centre of a network of global and local social investment programmes undertaken by the company, is doubling the number of scholarships awarded through the Vodafone Foundation scholarships at London Business School from two to four, with applicants selected on merit. The Vodafone Foundation has been supporting scholarships at the School since 2003, following a £1.5million endowed gift. Financial support for students is vital to ensure that the School continues to attract the very best students from all over the world.
2010-05-11
2010-05-07
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Leading In Turbulent Times
Gulf business leaders and British academics debate the challenges and opportunities
Chief executives from major companies across the Gulf joined members of London Business School’s faculty and politicians in Dubai to debate the challenges and opportunities facing business leaders in the region.
2010-05-07
2010-05-06
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Africa Evolves: Next Steps for Development
The economic future of Africa will be under the spotlight when two hundred of the continent’s business leaders join the debate at London Business School on Saturday, 8 May
The 9th annual Africa Day, organised by London Business School’s Africa Club, will feature keynotes from Arnold Ekpe, CEO, Ecobank Transnational Incorporated; Nkosana Moyo, VP and Chief Operating Officer, Africa Development Bank; and Thierry Tanoh, VP, Sub-Saharan Africa, Latin America and Caribbean and West Europe, International Finance Corporation.
The following panels include representatives from Africa’s investment banks, energy and telecoms companies:2010-05-06
2010-04-29
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CNN International: live from London Business School
As part of the current series of Prime Ministerial debates taking place on British television, international broadcaster CNN will be broadcasting live from London Business School on Thursday 29 April to get the views of our students on the leaders, the issues and the forthcoming General Election, as they watch the debate unfold.
It will be broadcast across the world. If you are watching in the UK, it starts at 19.30 BST.
2010-04-29
2010-04-26
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The Time is Now: Seizing Opportunities in a Recovering Economy
12th London Business School Entrepreneurship Conference 7 May 2010
As the world emerges from another recession, London Business School’s Entrepreneurship Club believes there is no better time for individuals to be in control of their own business destiny.
2010-04-26
2010-04-21
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Innovation in healthcare services
London Views talks to Kamalini Ramdas about her research into healthcare innovations and how these innovations may help to provide a means for healthcare systems to provide more services with less resources.
Healthcare systems throughout the world are facing enormous funding challenges. The clarion call from political parties of all sides for healthcare is to provide more services with less resources. To many inside and outside of healthcare this seems an unreasonable demand and an impossible task. But, while there are no easy answers, innovations in healthcare services may provide a means of squaring the healthcare circle. Georgina Peters talks to Kamalini Ramdas, about her research into healthcare service innovations.
2010-04-21
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Why firms may be addicted to the corruption habit
After major destruction, either man-made or natural, it isn’t unusual to see looters. Maybe that’s why David De Cremer surveyed the ruins of our recent financial crisis and was not surprised to find even more corruption.
While most of us want to avert our eyes in the face of disaster, we need to face a nasty reality: irresponsible behaviour of self-serving business leaders are often culturally ingrained. Are there steps organizations can take to break corrupt habits? Yes. But first it’s important to understand the problem.
2010-04-21
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The performance-pay conundrum
Pay for performance. Though this phrase is now a command for managers, Rupert Merson argues that it’s often hard to determine what true performance is — and how to pay for it.
“If you cannot measure it, you cannot manage it.” Though a cliché, switch this around and we have a recipe for perfect management: make sure you have the right measurement tools and you can manage anything. This is true for managing a corporation or for managing a small company.
2010-04-21
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Sparks will fly
GlaxoSmithKline Consumer Healthcare created a community of employees called the Spark Network to ensure its lower-priority brands continued to develop. Julian Birkinshaw and Peter Robbins found that the move lit up the whole company.
GlaxoSmithKline Consumer Healthcare wanted to be sure its lower-priority brands continued to develop, so it created a community of employees around the world that came to be known as the Spark Network. Julian Birkinshaw and Peter Robbins found that the move lit up the whole company.
2010-04-21
2010-04-16
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Kumar in Top 10 thought leaders
Nirmalya Kumar, Professor of Marketing, has been named in the top ten of Global Indian Thought Leaders by The Economic Times.
The Indian newspaper placed Professor Kumar sixth in its rankings – a “who’s who” of global Indian business thinkers and businesspeople for 2010.
2010-04-16
2010-04-15
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Recovery, sustainability and evolution: what next for real estate?
The recovery, sustainability and evolution of real estate are all under the spotlight as eminent industry leaders look to the next decade at London Business School’s Real Estate Conference.
The conference, the first of its kind, organised by London Business School’s Real Estate Club takes place on Friday 23 April. It coincides with the launch of a real estate finance module across London Business School’s MBA (Master of Business Administration) programmes.
2010-04-15
2010-04-14
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Luxury goods are not only status symbols - they provide psychological armour as well
It’s one of the most frustrating paradoxes for consumers and policymakers alike: low-income individuals spend a proportionally larger percentage of their money on conspicuous goods than higher-income individuals.
In a new study, Niro Sivanathan, Assistant Professor of Organisational Behaviour at London Business School and Nathan Pettit of Cornell University’s Johnson School of Management, draw on psychological theory and research to show that when one’s “ego” is threatened, people are more inclined to buy high-status goods. But if they are presented with other means of alleviating their psychological pain, individuals seek these products less.
2010-04-14
2010-04-13
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Students compete to clean up business
Tomorrow’s business leaders are pitching innovative plans to develop and exploit “clean” technology to tackle pollution and energy efficiency in business at the CleanTech Challenge 2010.
Fifteen teams, from business schools and technical universities across Europe, will compete at the two-day London Business School event on 22 and 23 April, for the chance to win £5,000 and gain invaluable feedback from venture capitalists, entrepreneurs and potential investors.
2010-04-13
2010-04-06
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An Emerging Golden Asia
A Region of Promises and Opportunities Asia's foremost thought leaders, business executives and government officers will be at London Business School on 9 April to share their insights on critical issues affecting the continent at the 5th Asia Business Forum.
They will discuss and debate the promises and opportunities in Asia after the global economic crisis.
2010-04-06
2010-04-01
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Florin Vasvari awarded AXA research grant
Florin Vasvari, Assistant Professor of Accounting, has been awarded a coveted grant to support his research into debt contracts.
The €82,000 grant from the AXA Research Fund will support his work on ‘Covenants in private and public debt contracts and their effects on corporate performance’, which will be carried out jointly with Yun Lou, a third year doctoral student in accounting.
2010-04-01
2010-03-23
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Emerging questions
The success of the BRIC countries over the last decade has been well documented and justifiably celebrated. But what are the lessons we can learn from their explosive growth and which emerging markets are likely to attract the headlines over the next decade. London Views asked Linda Yueh.
Which are the next areas in the world likely to experience the massive growth recorded by China, India and others in recent years?
2010-03-23
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Climategate leads nowhere
Mick Blowfield examines the recent Climategate scandal and explores the damage it can cause managers who are too easily mystified or misled.
Last November, headlines began appearing that all the alarm about climate change and global warming may just be a figment of sloppy scientific research. Then Jonathan Petre in the MailOnline (14 February 2010) reported this about one key climate change scientist:
2010-03-23
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The best information for investing
Lakshmanan Shivakumar and two other professors provide information about the critical factors in determining the value of stocks.
In a comprehensive and detailed working paper 'The complementary roles of audited financial reporting and voluntary disclosure: A test of the confirmation hypothesis' the authors prove the validity of their hypothesis that audited financial reporting and voluntary disclosure complement each other and provide the best possible information for managers, investors and regulators.
2010-03-23
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Playscripting your strategy
Michael G. Jacobides feels that strategy might best be cast as a dramatic playscript that can help cope with a shifting landscape, and motivate employees far better than traditional strategic plans.
My recent academic research suggests that companies should develop strategy by describing the underlying logic, story lines, decisions and motives of the players who create and capture value in a business. Instead of drawing and analysing a map or plotting numbers on a chart, executives should create what I call a “playscript”: a narrative that sets out the cast of characters in a business as well as the way in which they are connected, the rules they observe and the plots and subplots in which they play a part, and how companies create and retain value as the business and the cast change.
2010-03-23
2010-03-22
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Julian Birkinshaw is Reinventing Management
Julian Birkinshaw, Professor of Strategic and International Management, is providing smarter choices for getting work done. His new book, Reinventing Management was launched in March 2010.
Management is key to driving economic activity, and essential in today’s economic climate says Professor Birkinshaw. Reinventing Management explains that selecting a good management model can be critical in obtaining a competitive edge. Management methods have changed dramatically over the years, however the function of a manager has changed very little.
2010-03-22
2010-03-19
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Does component sharing help or hurt reliability
The use of a component on multiple products within a firm’s product line, such as the brake rotor on a car, is commonly referred to as component sharing.
Professors Kamalini Ramdas and Taylor Randall’s findings suggest that the popular design strategy of component sharing can, in some cases, decrease the integrity of a component’s design. Their research on component sharing has supported the hypothesis that higher component reliability is associated with components that have been uniquely designed for specific products.
2010-03-19
2010-03-17
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Professor Hélène Rey appointed to the Governing Board of Autorité de Controle Prudential
Earlier this month, Hélène Rey, Professor of Economics, was appointed a member of the College (Governing Board) of the new French financial supervisory body, the Autorité de Controle Prudential. Professor Rey is the only academic among the 16-member Board, which is chaired by the Governor of the Banque de France.
The Autorité de Controle Prudential, with a staff of 1000, will be responsible for prudential supervision and regulation, financial stability, and consumer protection in France. Professor Rey’s role is analogous to that of Professor Andrew Scott, who was recently appointed a non-executive Director of the UK Financial Services Authority. The French Minister of Finance, Christine Lagarde, introduced the College when launching the new body at a public ceremony in the Banque de France on 9 March.
2010-03-17
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Sargent and Friends Conference
Tom Sargent, Professor of Economics (New York University), will talk to the economics department about his influential work on pessimism and uncertainty as source of time-varying risk premia in asset prices.
Professor Sargent is a leading macroeconomist and one of the fathers of the rational expectations revolution. Professor Sargent's work has previously concentrated on implications of rational expectations for empirical econometric research, studies of the natural rate of unemployment, neutrality of real interest rates, dynamic labour demand and empirics of hyper inflation.
Venue: LT5
Date: 18 March 2010
Time: 09:00 – 19:002010-03-17
2010-03-11
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Sean Owen and Christian Carrillo offered prestigious Kauffman Fellowship
Sean Owen and Christian Carrillo are the two proud London Business School students that have been offered prestigious Kauffman Fellowships.
The Kauffman Fellowship programme aims to identify, develop, and network emerging global leaders in venture capital.
2010-03-11
2010-03-09
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EUR OUT 2010!
London Business School’s Gay and Lesbian Network is proud to present EUR OUT 2010. The event aims to build a common network in Europe across Business Schools and is targeted to LGBT MBA students and alumni.
EUR OUT 2010 commences on Friday 12 March with keynote addresses from Gavin Wills (Managing Director of Goldman and Sachs) and Tim Monger (Partner and Managing Director of The Boston Consulting Group). They will provide a unique perspective to the audience on the role of diversity in their companies, and what their LGBT employee networks represent for their institutions.
Along with a compliment of London Business School alumni and students, EUR OUT 2010 will see the presence of more than eighty students and alumni from Europe and the United States with representation of business schools including Wharton, Columbia, Harvard, ESADE, IESE, Insead, Instituto de Empresa, Cass Business School and Manchester Business School.
EUR OUT 2010 is a first time event in Europe whereas the Reaching Out Conference in the US, the largest LGBT MBA event worldwide, has been on now for over ten years now. The event represents a truly unique opportunity to further strengthen the commitment to diversity, while giving greater visibility to London Business School in the global MBA network.
EUR OUT 2010 is a weekend event with activities continuing on Saturday and Sunday 12th and 13th of March, where international guests can enjoy the cultural aspects of London via a walking tour and a private visit to the Tate Modern.2010-03-09
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Lynda Gratton Receives the Global HRD Tata Award at HRD Congress
The Prime Minister of Bhutan, Lyonchhen Jigmi Y. Thinley, presented Lynda Gratton with the Global HRD Tata award at the HRD Congress in India on 14 February 2010.
Lynda was introduced by an alumnus of the HRST programme who had received the HR practitioner award which Lynda described as “a double whammy for London Business School!”
2010-03-09
2010-03-02
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London Business School Emerging Markets Conference 2010
"Emerging Markets as Drivers of Global Growth" - This year's conference will explore prospects and challenges for growing financial markets, consumer markets, sustainable development and entrepreneurship across emerging markets
The conference keynotes and panels will feature leading senior professionals who are analysing, shaping and advancing the business landscape across emerging markets.
12 March 2010 (RCOG Building)
To purchase tickets: please click here
Keynotes:
Morning: Paul Mountford, President - Emerging Markets, Cisco
Afternoon: Mohan Kaul, Director-General & CEO, Commonwealth Business Council
Panelists including:2010-03-02
2010-02-24
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London Business School Tenth Annual Women in Business Conference
"Embracing Change in a Global Environment"
This year's event focuses is on addressing the theme of “Embracing Change in a Global Environment”. The conference acknowledges that the global financial and economic crisis has led to a radical re-think of organisational management strategies. The conference has opened the door to debate opportunities for women in the aftermath of the economic crisis and for the future generation of women in business in all sectors of the economy and in society as a whole.
2010-02-24
2010-02-23
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London Business School Sixth Annual Private Equity Conference - "Entering the next cycle"
This year's theme looks towards the future of private equity at a time when traditional methods of investment and fundraising are being challenged, and practitioners examine new ways to achieve best-in-class returns in a dramatically different economic environment
The one-day conference comprises speaker presentations, panel sessions and a networking lunch with leading industry professionals.
2010-02-23
2010-02-19
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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.
2010-02-19
2010-02-18
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Credit Suisse Global Investment Returns Yearbook 2010
New research in the Credit Suisse Global Investment Returns Yearbook 2010, by professors from London Business School.
Many investors are mistaken in the belief that investing in the stock markets of countries that have achieved higher rates of economic growth will generate superior returns. Markets reflect future as opposed to past growth
2010-02-18
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Cutting Costs
Managers often default to cost cutting as the best way to begin to regain competitiveness. Jules Goddard believes that will only make things worse.
A “cost strategy” is a contradiction in terms. If it is a strategy, defined as a unique way of adding value, then costs are simply a measure of the monetary effort required to execute it. If cost is the focus of attention, then strategic thinking is superfluous. All that is required is the determination to cut costs. Costs, then, are not the basis of a strategy, but the result of putting it in play.
2010-02-18
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The Glass Pay Cheque
Isabel Fernandez-Mateo provides important new insights into the gap between men and women’s wages.
In a major article published in the American Journal of Sociology (2009), Isabel Fernandez-Mateo, Assistant Professor of Strategic and International Management at London Business School, looked at the growing world of contract employment to explore the roots of the wage gap between men and women at every stage of their careers in the corporate world. Her findings provide important insights for those who are involved in making public policy decisions about employment practices related to discrimination. They also may awaken employers to hidden processes that can be corrected through awareness, preventing future lawsuits (as well as a lack of women’s commitment to and trust in the corporations they work for) as word of such salary differentials becomes common knowledge in an era of greater openness.
2010-02-18
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Davos for Beginners
At the end of January, Julian Birkinshaw was one of the London Business School representatives at the World Economic Forum’s annual general meeting in Davos. But what did he make of the celebrated gathering? He shares his thoughts with London Views.
With 25,000 of the great and the good of the world’s political and business elite concentrated in a small ski resort, the World Economic Forum’s annual meeting is one of the most condensed and high level conferences in the world. But does it really set the agenda and what do attendees actually do?
2010-02-18
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Decisions Are More Important Than Results
Managing only for results leads to crises, say Bert De Reyck and Zeger Degraeve. Reward people for the decisions they make, not just for the results they create.
Managing for results — pay for performance schemes and the like — are fundamentally flawed if that is the only criterion for evaluating managers. We have observed more than the average share of businesses, managers and employees, and we have serious doubts about this almost universal approach to managing firms. Far better, we believe, to reward people for their decisions and decision-making processes. Our argument is based on six assertions.
2010-02-18
2010-02-17
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An Evening of Management Debate in Milan
London Business School Management Forum Series Event held in Milan, Italy on Thursday, 11 February 2010
February saw the kick-off of the first London Business School Management Forum Series in Milan, hosted by the Italy Alumni Club in association with GI Group. The event was held on Thursday, 11 February 2010 and was attended by over 100 Alumni Club members, guests and alumni from other business schools including Harvard, INSEAD, IESE and Columbia. The event was also attended by local trade and management associations.
2010-02-17
2010-02-11
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Davos 2010
If the mood at the World Economic Forum at Davos last year was heavily tinted by a desire to better understand the recent financial meltdown, Davos 2010 was framed by the desire to right the economic crisis by free market reforms, if possible — or by government regulation, if not. London Business School Dean Andrew Likierman along with Professors Julian Birkinshaw, Dominic Houlder and Andrew Scott joined the search for global financial solutions.
Right after the keynote address by Nicolas Sarkozy, the first World Economic Forum (WEF) keynote given by a French president, it was apparent that there would be no easy solutions to the world’s economic crisis and that the attendees at Davos were more than ready to debate proposals. President Sarkozy demanded “a revolution” in international regulation, not only of financial institutions but also of labour, health and the environment. At the core of his speech was a proposal to establish a new global monetary system, one that demotes the US dollar as the central reserve currency. He also slammed outsized bonuses for bankers, taking aim at those leading financial firms whom he felt destroyed wealth and jobs.
2010-02-11
2010-02-08
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New 'Up Close' series for students welcomes Xavier Rolet, CEO London Stock Exchange
Up Close with Xavier Rolet, 10 February 2010
On Wednesday 10 February, 220 London Business School students will gather to listen to Xavier Rolet, CEO of London Stock Exchange, as part of the new series of Up Close events. Returning to the School after speaking at the Global Leadership Summit in 2009, Xavier has chosen the School as a platform to speak to students about the future of financial regulation and the City.
2010-02-08
2010-02-05
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Tony Hayward kicks off Business Leaders Series at London Business School
Tony Hayward, CEO of BP, talks to students, alumni and guests about the energy question
On 4 February 2010, London Business School hosted the inaugural lecture of the Business Leaders Series by Tony Hayward, CEO of BP. Hayward was introduced by Professor Sir Andrew Likierman, Dean of London Business School, who confirmed the School’s ongoing interest in the energy debate and highlighted, among other things, the School’s involvement in the Cleantech Challenge, a project hosted in partnership with University College.
2010-02-05
2010-02-04
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London Business School is now in a Class of One
In the annual rankings from the Financial Times, London Business School’s full-time MBA programme has once again achieved the top position in the Global MBA Rankings for 2010.
In 2009, the full-time MBA programme was ranked joint number one in the world alongside The Wharton School of the University of Pennsylvania, and first in Europe. This year’s rankings saw a further improvement in the School’s position to claiming sole possession of the top ranking.
2010-02-04
2010-01-25
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London Business School celebrates the second graduating class of its DLEMBA Programme
HH Sheikh Maktoum attends Recognition Ceremony for second graduating class of London Business School’s Dubai-London Executive MBA
On Saturday 23 January 2010, London Business School celebrated the second graduating class of its Dubai-London Executive MBA Programme. The Recognition Ceremony, marking the end of 18-months of study, took place in the Conference Centre of the Dubai International Financial Centre at 16.30 pm.
2010-01-25
2010-01-21
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Rebuilding Trust
Battered, bruised and distrusted they may be, but for financial institutions repairing trust is often understood to mean restoring confidence in the rationally driven market and its associated practices and underlying norms. David De Cremer charts the financial world’s attempts to rebuild trust and provides three steps to jumpstarting trust.
Battered, bruised and distrusted they may be, but for financial institutions repairing trust is often understood to mean restoring confidence in the rationally driven market and its associated practices and underlying norms. The suspicion is that the financial world would like to maintain the economic system that has so gloriously failed. David De Cremer charts the financial world’s attempts to rebuild trust and provides three steps to jumpstarting trust.
2010-01-21
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The Top Consumer Trends of 2010
From bling to Twitter, London Business School marketing professor Nirmalya Kumar focuses on the trends which will change the world – and how we consume – in the year ahead.
From bling to Twitter, London Business School marketing professor Nirmalya Kumar focuses on the trends which will change the world – and how we consume – in the year ahead.
2010-01-21
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Inside the Nokia Booster Programme
How do you engage with people throughout the world and do so in fast and compelling ways? Nokia’s “Booster Programme” provides valuable lessons and inspiration. Lynda Gratton and Joel Casse report on the groundbreaking programme that merged online communities with strategic development and implementation.
How do you engage with people throughout the world and do so in fast and compelling ways? Nokia’s “Booster Programme” provides valuable lessons and inspiration. Lynda Gratton and Joel Casse report on the groundbreaking programme that merged online communities with strategic development and implementation.
2010-01-21
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Virtuously Virtual
The virtual organisation has long been a neat theory. Now organisations throughout the world are turning it into reality. And in a recession, when the going gets tough, truly agile organisations come into their own. Julian Birkinshaw and Stuart Crainer report on the virtues of virtuality.
The virtual organisation has long been a neat theory. Now organisations throughout the world are turning it into reality. And in a recession, when the going gets tough, truly agile organisations come into their own. Julian Birkinshaw and Stuart Crainer report on the virtues of virtuality.
2010-01-21
2010-01-11
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Anatoly Chubais speaks about Russia’s Nanotechnology Industry to Students and Faculty
London Business School‘s Eastern Europe/CIS club hosted a lecture by prominent Russian politician and business manager Anatoly Chubais
On Thursday, 3 December 2009, London Business School‘s Eastern Europe/CIS club hosted a lecture by prominent Russian politician and business manager Anatoly Chubais. Mr Chubais spoke to students and faculty on "Innovative Technologies in Russia's Modern Economy".
2010-01-11
2010-01-04
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George Soros speaks to London Business School students and faculty
Renowned international financier, philanthropist and founder of the Open Society Institute George Soros spoke to a student audience at London Business School on Wednesday, 9 December 2009
As part of the new ‘Up Close’ Student Speaker Series, Professor Sir Andrew Likierman, Dean, chaired a panel that included Professors Julian Franks, Richard Portes and Lakshmanan Shivakumar. Soros shared his latest thinking with opening comments relating to his most recent research and his thoughts on economic hypotheses and risk management models – in particular his theory against the efficient market hypothesis.
2010-01-04
2009-12-07
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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.2009-12-07
2009-11-16
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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.
2009-11-16
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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.
2009-11-16
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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.2009-11-16
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The Sloan Legacy
In June of this year, General Motors filed for bankruptcy. The company's legacy as an automotive juggernaut may be in doubt; but there is no question that one of GM's early leaders, Alfred P. Sloan, has left an enduring mark on management science – and on London Business School whose Sloan Fellows Programme is now forty years old.
Clarke Simmons reveals what still can be learned from Sloan.
2009-11-16
2009-11-05
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Future of Work Consortium - Bringing Energy and Innovation to Organisations
For the first time, Lynda Gratton brings together more than 20 global corporations in a research consortium to research, discuss and design the way we will be working in 2020. The purpose is to develop templates for how to successfully adopt innovative organisational practices that support the new nature of work.
Today Gratton brings together in a big global conversation more than 200 senior executives, innovation managers and talented Gen Ys from Nokia, BT, NHS, Save the Children, World Vision International, Thomson Reuters, Colt, RBS, ABSA, Novartis, Unilever, Randstad UK, M&S, SAP, Thoughtworks, Singaporean Ministry of Manpower , ARM, Virgin Active, Standard Chartered Bank, Tata Consulting Group.
2009-11-05
2009-10-22
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The next step for economists
These are strange times for macroeconomists. The subject has been shot to the forefront of CEO concerns and economists have emerged from their backroom status to find themselves blinking in the spotlight. Topics previously discussed only among the cognoscenti at earnest conferences are now debated enthusiastically in the media. Macro has gone mainstream among the business community. Participating in this process as a macroeconomist, Andrew Scott asks what next for the discipline of economics?
Some commentators argue that this is not just a crisis for the economy, but for economists. There seem to be two strands to this argument. The first is that the economics profession did not forecast such a serious downturn. The second is that canonical models have been shown to fail and the conceptual cupboard in economics and finance is bare. Economics has much to learn from this crisis and research will be clearly refocused as a result. What we teach as mainstream economics will undoubtedly shift substantially. But is it really a crisis?
2009-10-22
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The reinvention of management
While the economic crisis has been explained as a failure of governance, a failure of regulation, and even a failure of our free-market system, the prosaic truth is that it was a failure of management – a story of awful risk management decisions, perverse incentives systems, and amoral behaviour. Management needs to be reinvented if it is to take its rightful place as a profession and as a means of delivering economic recovery. Julian Birkinshaw tells how.
The managerial failures of the big investment banks are only the tip of the iceberg. Surveys show decreasing levels of trust in business leaders. Fewer than 20 per cent of employees are truly "engaged" in the workplace. Managers are portrayed as aloof, vain, or just plain stupid by cartoonist Scott Adams, columnist Lucy Kellaway and comedian Ricky Gervais.
2009-10-22
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Putting capital to work
Working capital is the cash a company needs to have on hand in the short term to keep the business running — pay its employees, suppliers, taxes and so on. If you haven’t got the cash to keep your business moving, you’ll be out of business, as numerous hedge funds and others learned the hard way in the financial crisis that began in 2007. In his book, Getting to Plan B (co-authored with Randy Komisar), John Mullins extols the virtues of negative working capital.
Failure to earn a profit won't put you out of business, as long as you still have cash. But if you run out of cash, even if you are profitable, you'll be gone in a heartbeat. Cash, as they say in entrepreneurial circles, is king. Consider the case of Costco, a US-based company with over 550 membership-only warehouses that, in 2008, generated over $71 billion in revenue. Costco has become the pre-eminent warehouse club retail chain, largely because management designed its working capital model to gain competitive advantage.
2009-10-22
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The only way is up
Just because the economy is in a downturn, doesn't mean that managers cannot be upbeat about their organisation's future prospects. Don Sull's new book The Upside of Turbulence provides a positive route map into the future. Don Sull talks 'upside' to London Views.
Can you begin by offering some context on our turbulent times?
2009-10-22
2009-10-08
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European Case Awards 2009
Three awards for London Business School at the ecch European Case Awards 2009
2009-10-08
2009-09-16
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Sir Donald Gordon donates two and a half million pound gift to School
The gift establishes the Sir Donald Gordon Chair in Entrepreneurship and Innovation at London Business School.
London Business School is delighted to announce that Sir Donald Gordon, founder of Liberty Life and Liberty International, has made a generous, two and a half million pound gift to establish the Sir Donald Gordon Chair in Entrepreneurship and Innovation at London Business School.
2009-09-16
2009-08-20
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Did the crisis kill innovation?
Dominic Houlder, Adjunct Professor of Strategic and International Management, explains that innovation, not cost cutting, is the key to surviving the crisis
2009-08-20
2009-08-06
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London Business School places first in Forbes ranking
Full-time MBA ranked number one two-year programme outside the US
The biennial Forbes survey, compiled in terms of gain on expenses, questioned alumni from the class of 2004 to determine the results and saw London Business School move up from number two in 2007 to re-capture the top spot which it also held in 2005.
Alumni were asked for their pre-MBA salaries as well as compensation figures for three of the first five years after getting their degrees. Post-MBA salaries were then compared with opportunity cost (tuition and forgone salary while in school). Salary figures are adjusted to account for cost-of-living expenses and discounted the earnings gains, using a rate tied to money market yields.
Sabine Vinck, Associate Dean, Degree Programmes said, "I am delighted that we have re-claimed the number one position in this ranking. This result demonstrates that London Business School offers excellent return on investment and that our alumni compensation levels post-graduation are among the highest in the world.
While we do not allow rankings to drive our strategy, it is gratifying nonetheless that the value of a London Business School MBA has been so categorically recognised. I would like to thank all those alumni who took the time to complete this survey."
The Forbes ranking consists of three separate tables: US programmes, non-US one-year programmes, and non-US two-year programmes. They do not produce a combined rankings table. Insead was ranked first in the one year programmes outside the US, with Stanford the top US programme. A full breakdown of the rankings can now be found on the Forbes website. The rankings issue of the magazine will be on newsstands from 7 August.2009-08-06
2009-08-03
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Global Leadership Summit 2009
In June, London Business School hosted its sixth annual Global Leadership Summit, featuring the most prestigious group of leaders gathered on one stage in London this year
In a forum for the School's corporate guests and alumni to reflect and debate with leaders on the global downturn, the Summit consisted of keynote sessions and interactive panels which discussed how businesses can emerge stronger once the recession is over. The day concluded with a cocktail reception in the presence of Her Royal Highness The Princess Royal.
2009-08-03
2009-07-29
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Is the downturn a good time to start a new venture?
Jeffrey Skinner explains why the recession may be a good time to be an entrepreneur
2009-07-29
2009-07-24
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Financial Regulation: What is the best solution for the EU?
Tim Ambler, Senior Fellow at London Business School today releases new research in response to the EU consultation papers Communication from the Commission, European financial supervision and the accompanying Impact Assessment, one of their four responses to the financial crisis.
Ambler's co-authored response to the Commission's consultation, sets out a range of recommendations on how financial regulation within the EU should be reformed post crisis. The paper proposes a revised superstructure for financial services as two new linked entities to provide:
- ‘Macro-prudential supervision', i.e. helping to ensure overall and/or by country financial stability
- ‘Micro-prudential supervision', i.e. supervision largely left with member states under EU direction, and/or rule-setting/regulation set by the ESFS or one of its three subsidiary bodies.2009-07-24
2009-07-22
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Today's opportunity: embedded marketing
Nader Tavassoli, Professor of Marketing, explains why marketing is not just about advertising, it’s about people
2009-07-22
2009-07-16
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Learn to glow
Create a cooperative environment within your organisation and you will radiate energy, innovation and success, says Lynda Gratton, Professor of Management Practice
2009-07-16
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Simple rules for complex times
Making big decisions is a daily task for business executives. Dan Goldstein asks if you have given much thought to how those decisions are made. It may be that the way you or your company reach decisions is both time-consuming and wide of the mark when it should be fast and frugal
2009-07-16
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Indian power
Corporations in the developed world increasingly see India as a high-growth market and its companies as acquirers of their assets, global competitors, partners for enhancing the competitiveness of their global value chain and a source of new energy and dreams for the world economy. How did this all happen? Nirmalya Kumar shares the essence of what he learned from 10 trips to India to interview more than 30 CEOs and top executives who are unleashing the new global power of Indian firms.
2009-07-16
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Do not let this crisis go to waste
Understanding industry architecture (especially in financial services) can also help us to understand both the causes of and remedy for our malaise, showing us how some companies manage industry architectures to their advantage and how some industries are dangerously unstable. With these insights, the current recession could become a golden opportunity to reshape companies and even sectors, argues Michael G Jacobides.
2009-07-16
2009-07-08
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Marketing success in a downturn
Patrick Barwise explains how the right marketing strategy can turn the downturn into an opportunity
2009-07-08
2009-06-30
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Family firms
Nigel Nicholson discusses the lessons all companies and leaders can learn from family firms
Listen now | View all podcasts
2009-06-30
2009-06-29
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Global Leadership Summit 2009
London Business School yesterday hosted its sixth annual Global Leadership Summit, featuring the most prestigious group of leaders gathered on one stage in London this year.
In a forum for 750 of the School's corporate guests and alumni to reflect and debate with leaders on the global downturn, the Summit consisted of keynote sessions and interactive panels which discussed how businesses can emerge stronger once the recession is over. The day concluded with a cocktail reception in the presence of Her Royal Highness The Princess Royal.
Highlights from yesterday include:2009-06-29
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Beyond challenging markets
Deloitte announce preliminary findings of report at London Business School's Global Leadership Summit 2009
Deloitte, the business advisory firm, has today launched the preliminary findings of a report looking at those companies which will be in a winning position to capitalise on the turbulence created by the recent challenging markets.
2009-06-29
2009-06-23
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Undercover Boss
EMBA alumnus Stephen Martin goes undercover for Channel 4 to discover how his construction company really works
EMBA alumnus Stephen Martin goes undercover for Channel 4 to discover how his construction company really works
2009-06-23
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EFMD Excellence in Practice Award
London Business School and Lufthansa’s School of Business scoop top prize
At the EFMD Annual Conference this month, London Business School's Centre of Management Development (CMD) and Lufthansa's School of Business beat 24 other entries to win the Excellence in Practice Award for their innovative executive programme.
2009-06-23
2009-06-17
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Does component sharing help or hurt reliability?
Kamalini Ramdas on the impact of component sharing on quality in the auto industry
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2009-06-17
2009-06-16
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Regulatory Myopia
A response to Financial Services Authority DP09/2
2009-06-16
2009-06-10
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Making sense of your management model
Julian Birkinshaw and Jules Goddard explain how organisations can do a better job of using a management model to enhance their competitiveness
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2009-06-10
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Leaders for our times
How can firms nurture and develop managers and executives into leaders capable of turning today's problems into tomorrow's opportunities? Dr Babis Mainemelis, Assistant Professor of Organisational Behaviour, provides creative solutions
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2009-06-10
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Operating principles
A car production line and a hip surgeon's operating table may seem odd environments to compare, but research carried out by Kamalini Ramdas, Professor of Management Science and Operations at London Business School, shows they're not as dissimilar as they seem. In fact she's been helping orthopaedic surgeons learn from her research into how companies manage product quality and the effects of standardisation on quality
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2009-06-10
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Creative destruction
Lourdes Sosa, Assistant Professor of Strategic and International Management at London Business School, provides new insights into how incumbents react when faced with a disruptive technology
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2009-06-10
2009-06-05
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The Pears Business Schools Partnership
UK's leading business schools to work together to promote culture of philanthropy and public service
The Pears Foundation has today announced the creation of a unique partnership between three of the UK's leading business schools to promote a culture of philanthropy amongst the business leaders of the future. Cranfield School of Management, London Business School and Said Business School have joined forces to establish the Pears Business Schools Partnership, which will write case studies and host lectures to help business students develop an understanding of and commitment to public service and philanthropy.
2009-06-05
2009-06-03
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Power and the illusion of control
Niro Sivanathan's latest research investigates why power creates the illusion of control over uncontrollable situations, perhaps leading to some of the risky decisions that contributed to the global financial crisis
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2009-06-03
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Marketing and neuroscience
Tim Ambler discusses the benefits and pitfalls for marketers of using neuroscience to understand how the consumer's mind works and how companies can partner consumers to their mutual advantage
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2009-06-03
2009-06-01
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Late scrutiny of EU law is damaging competitiveness of British business
A new report published by the British Chambers of Commerce (BCC) compares the UK and EU regulatory systems
A new report published by the British Chambers of Commerce (BCC) compares the UK and EU regulatory systems, finding them to be worlds apart with no effective communication between them.
2009-06-01
2009-05-29
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1 trillion Euros EU regulatory burden on business
In a new study Counting the Cost of EU Regulation, Tim Ambler, Senior Fellow at London Business School, estimates the regulatory costs of EU legislation on businesses of all sizes and sectors between 1998 and 2008 at over 1 trillion Euros. This is in addition to the costs of regulation by member states.
2009-05-29
2009-05-20
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How individuals and organisations can innovate in a recession
Lynda Gratton explains why recessions are a good time for new management practices to emerge
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2009-05-20
2009-05-13
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School Professor wins accounting literature award
Associate Professor of Accounting, Irem Tuna's co-authored research Accrual reliability, earnings persistence and stock prices has won this year's AICPA/AAA Notable Contributions to the Accounting Literature Award
This paper investigates the relation between accrual reliability and earning persistence, and documents significant costs from recognizing less reliable information in financial statements. Less reliable accruals result in less persistent earnings and investors do not seem to anticipate this lower persistence of less reliable accruals, leading to significant security mispricing. These results show that the recent move by accounting standard setters towards recognizing less reliable information in financial statements may be extremely costly.
2009-05-13
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Ownership and trust
In unique research, Julian Franks, Professor of Finance at London Business School, has looked back at over 100 years of data on corporate ownership. The research (carried out with Colin Mayer and Stefano Rossi) found that relationships of trust were a crucial historical ingredient in the ownership of firms
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2009-05-13
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Global warning
In 2008, McKinsey and Co. joined those claiming that the reductions in greenhouse gas emissions the scientists say are needed will drastically affect the future value of companies, as factors such as consumer behaviour regulation and technical innovation bring value-creating opportunities to some while posing competitive threats to others
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2009-05-13
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Forging the new talent compact
It is difficult to attract and keep top talent, acknowledges Douglas Ready, Visiting Professor of Organisational Behaviour, but he believes that your company’s culture and climate are key to creating a system that works
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2009-05-13
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Lessons from the crisis
The global credit crisis has seen governments worldwide intervene to prop up various parts of their economies. In the UK many banks would not be standing if it weren’t for the massive support of tax payers, but do the loans, guarantees and investment pledged mean bankers have to toe the line with government policy?
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2009-05-13
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Top 10 for London Business School in FT Executive Education Rankings
London Business School’s Executive Education programmes moved up seven places to the number nine spot in the 2009 Financial Times rankings
In the annual rankings from the Financial Times, London Business School Executive Education has been placed in the Top 10, a combined score for open enrolment and custom programmes.
2009-05-13
2009-05-06
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How can entrepreneurs move from Plan A to Plan B and beyond?
John Mullins discusses the strategies entrepreneurs can adopt to help weather the current economic storm
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2009-05-06
2009-05-05
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London Business School alumnus' company will bring broadband access to First Nations communities
Company that grew out of Entrepreneurship Summer School to provide enhanced broadband access to remote communities in British Columbia
Jason Neale, who graduated from the EMBA-Global programme in 2005, founded OmniGlobe Networks after taking part in the Entrepreneurship Summer School at London Business School.
2009-05-05
2009-05-01
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How not to let a good crisis go to waste: building architectural advantage
Michael G. Jacobides explains how firms who are not shy to make radical changes to their industry architecture will be the most successful
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2009-05-01
2009-04-27
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Imagining India's global powerhouses
Double book launch celebrates India's growth
India's standing as a global business behemoth was in no dispute on 21 April when a London audience gathered to hear two thought leaders make the case. The event, sponsored by the Aditya Birla India Centre of London Business School, was a joint launch of two books: Imagining India, by Nandan Nilekani and India's Global Powerhouses by Nirmalya Kumar, Professor of Marketing at London Business School. The authors explained how India rose from an overpopulated underachiever to one of the world's fastest-growing market leaders
2009-04-27
2009-04-23
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The result is irrelevant... as a measure for decision and execution quality
In a new podcast, Zeger Degraeve, Sheikh Mohammed bin Rashid Al Maktoum Professor of Innovation; discusses why the practice of managing to results leads to crisis and how people should be rewarded for the decisions they make, not the results they obtain
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2009-04-23
2009-04-17
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Innovative India: Creating value and opportunities
Seventh annual forum explores the role of innovation in transforming India's economy
London Business School will hold the seventh annual student-run Indian Business Forum on Thursday 23 April.
2009-04-17
2009-04-16
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The end of private equity?
Robin Buchanan, President of London Business School, discusses the shape of private equity when it emerges from the current crisis
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2009-04-16
2009-04-15
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Leading in tough times
Many areas of the business world are in states of turmoil. At such times the need for leadership is paramount argues Nigel Nicholson, Professor of Organisational Behaviour
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2009-04-15
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Reality checks for private equity
Chris Higson, Professor of Accounting at London Business School, provides a reality check into what went wrong with private equity as well as his insights into what the future now holds.
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2009-04-15
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The good, the bad and the powerful
"Power corrupts, and absolute power corrupts absolutely." Lord Acton's words have been quoted widely since he wrote them in the 1880s. Niro Sivanathan, Assistant Professor of Organisational Behaviour, was part of a research team that tested whether power, indeed, can go to one's head
The Queen turned crimson with fury, and, after glaring at her for a moment like a wild beast, began screaming "Off with her head! Off with-"
2009-04-15
2009-04-08
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Getting marketing onto the boardroom table
In a new podcast Tim Ambler considers the importance of boards discussing marketing before all else, and suggests that marketing shouldn’t always be the first cut made in a recession
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2009-04-08
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Survival of the Fastest
Google, Telegraph.co.uk and London Business School join forces to deliver new thought leadership channel for business leaders
London Business School, Google and Telegraph.co.uk have today announced a partnership to provide unique bite-sized insights from some of the UK's leading organisations via a new YouTube channel called Survival of The Fastest.
2009-04-08
2009-04-03
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London Business School students win first prize at MBA Odyssey competition at Columbia
Students bring home first place in new student competition testing expertise in strategy, negotiation and entrepreneurship
Teams from the world's top business schools competed in a triathlon of business management contests in a new competition at Columbia Business School last week.2009-04-03
2009-04-01
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Global Investment Returns Yearbook
In a new podcast, Paul Marsh, Emeritus Professor of Finance and co-author of the Credit Suisse Global Investment Returns Yearbook, discusses what information on historic investment returns can tell us about the current crisis
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2009-04-01
2009-03-26
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Key issues for the G20 - macroeconomic stability and financial regulation
In a new podcast Professor Richard Portes discusses the key issues expected at the G20 summit on 2 April
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2009-03-26
2009-03-24
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Leading successful change in the Gulf
London Business School to host lecture to help Gulf companies adapt to the economic downturn in Abu Dhabi on 30 March
London Business School will host an event in Abu Dhabi on March 30, designed to help Gulf companies implement corporate change to adapt to the changing climate and the global economic downturn.
2009-03-24
2009-03-20
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Measuring the success of the London 2012 Olympics
In a new podcast Professor Sir Andrew Likierman asks how the success of the London 2012 Olympics should be measured, and discusses the challenges of satisfying multiple stakeholders
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Many groups of stakeholders require the London 2012 Olympics to be a success, creating a real challenge for the organisers to produce an event that satisfies a diverse global audience, both at the time of the games and in delivering their promised legacy.2009-03-20
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More than cheque book philanthropy
HRH The Princess Royal takes part in a London Business School Centre for Management Development panel
Relationships between charity and business should not be measured by the size of the cheque, HRH The Princess Royal told a London Business School audience on 18 March. It is the people who volunteer that make the real difference. Transaid was just one example where volunteers from the transport industry bring vital expertise to relief operations run by organisations such as Save the Children (UK). They transform the efficiency with which relief can be provided and provide a very good example of how businesses can engage with charity. This is not to say, however, that money is not important. Where it is linked to employee giving, it has an added benefit in that people learn more about their charity's activities.
2009-03-20
2009-03-16
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Power and the illusion of control
New study from Niro Sivanathan, Assistant Professor of Organisational Behaviour, finds that the experience of power leads to an illusion of personal control
New research from Niro Sivanathan, Assistant Professor of Organisational Behaviour at London Business School shows that the experience of power can lead to an illusion of control.
2009-03-16
2009-03-11
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Learn to glow
Lynda Gratton discusses how in times of recession and job uncertainty, it is more important than ever that each one of us can prove their worth to our employer
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Whether we like it or not, it is survival of the brightest, and team members that can match earning potential with creativity, and who also work well in a team, who will survive job cuts. Create a co-operative environment within your organisation and you will radiate energy, innovation and success, says Lynda Gratton.2009-03-11
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Behind the numbers
As the economic crisis rumbles on, London Business School has been providing a regular commentary on events and likely scenarios for the future. Chris Higson, Associate Professor of Accounting, provided his insights on the nature of the recession and the types of companies that will be most and least affected
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Key points:2009-03-11
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Keeping faith with stocks
What should we expect from equities? To answer this requires a long-term perspective. A week may be a long time in politics, but even a decade is too short to judge stock returns. Fortunately, the Credit Suisse Global Investment Returns Yearbook 2009 draws on 109 years of data for 17 countries that together represent some 90 per cent of world stock market value. Elroy Dimson, Paul Marsh and Mike Staunton provide an insight into some of the Yearbook’s highlights
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The last decade has been the lost decade. The 21st century began with a savage bear market. By its nadir in March 2003, US stocks had fallen 45 per cent, UK and Japanese equities had halved, and German stocks had fallen by two-thirds. Markets then staged a remarkable recovery, only to plunge again late in 2007 into another epic bear market fuelled by the credit and banking crisis. Since 2000, the MSCI World index has lost a third of its value in real (inflation-adjusted) terms, while the major markets all gave negative real returns of an annualized -4 per cent to -6 per cent.2009-03-11
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Launching a new venture
With the current economic storm raging, can a better understanding of business models make for smoother sailing for today's entrepreneur? What strategies can entrepreneurs adopt to help them weather this storm? John Mullins has researched entrepreneurial ventures and offers some valuable insights
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In his new book (co-authored with Randy Komisar), Getting to Plan B: Breaking Through to a Better Business Model, he suggests there are five key elements in a well thought-through business model: the revenue model, gross margin model, operating model, working capital model and investment model. Each of these elements merits the entrepreneur's focused attention and each can often be copied from somebody with a similar - or not so similar - business who has gone before.2009-03-11
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When management collapses
When you compare the 2008 banking crisis with the Enron debacle, with Ahold’s demise or even with the Union Carbide disaster in Bhopal in 1984, some surprisingly clear parallels emerge, says Freek Vermeulen
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Various explanations have been offered for each of these crises, ranging from top management greed and failing watchdogs to insufficient government regulation and inappropriate accounting and governance structures. Yet, there is one common cause underlying all these symptoms and triggers, and that is the structural failure of management. How did it happen? Freek Vermeulen identifies the key factors.2009-03-11
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Dealing with the crisis: Policy proposals for the G20
The crisis is global; the solutions must be cooperative and coherent across countries. The G20 London Summit on 2 April comes at a perilous time for the international economy – advanced, emerging market and poor countries alike. This article by Richard Portes introduces the fundamental financial and macroeconomic issues over which the G20 leaders should agree, stressing above all the short-run policy imperatives.
The G20 London Summit on 2 April comes at a perilous time for the international economy - advanced, emerging market and poor countries alike. Private consumption and investment, output, employment and trade are falling sharply worldwide. Poverty is rising, the middle classes are threatened, and the wealthy and retirees find their assets shrinking dramatically. In most developed countries, new waves of bank rescue packages follow the previous, unsuccessful ones. Conservative central bankers take on risky assets, their balance sheets and prospective losses swell. Some warn of deflation, others worry that fiscal and monetary stimuli will bring back inflation. Even countries that have accumulated high levels of foreign exchange reserves are concerned by capital outflows, while those without queue at the IMF. The problems are global; the solutions must be cooperative and coherent across countries.
2009-03-11
2009-03-09
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Lonely Planet co-founders give multimillion pound gift to London Business School
The Tony and Maureen Wheeler Chair in Entrepreneurship
London Business School has today announced the establishment of the Tony and Maureen Wheeler Chair in Entrepreneurship. The endowed Chair, which has been awarded to Rajesh Chandy, Professor of Marketing, has been made possible through the generosity of Tony and Maureen Wheeler, co-founders of Lonely Planet Publications, one of the largest travel guidebook publishers in the world. Tony Wheeler graduated from London Business School in 1972 with a Master of Science in Management degree.
2009-03-09
2009-03-06
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Changing industry architecture and the collapse of the financial system
In a new podcast Michael G Jacobides, Associate Professor of Strategic and International Management, explains why neglect of changing industry architecture is at the root of the current crisis
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In the latest podcast from London Business School Michael G Jacobides explains that failure to take heed of the changing structure of the financial services industry is partially responsible for the current economic crisis.2009-03-06
2009-03-05
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European Case Awards 2009
London Business School wins three awards at European Case Awards 2009
London Business School has been recognised for its excellence in producing case studies, winning three out of out of nine categories at the ecch (formerly European Case Clearing House) European Case Awards.
2009-03-05
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New format for the part-time Masters in Finance
Part-time Masters in Finance to be taught on alternate weekends from September 2009
The School is pleased to announce that the part-time Masters in Finance programme will be changing its teaching format from the current two evenings per week to alternate weekends (Friday evening and Saturday), beginning with the September 2009 intake.
2009-03-05
2009-02-26
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Competing with low cost rivals
Nirmalya Kumar, Professor of Marketing, explains how traditional retailers can compete with low cost rivals during an economic downturn
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When consumers are under financial strain in a downturn, low cost rivals can quickly attract customers away from traditional retailers, Nirmalya Kumar, Professor of Marketing at London Business School explains why market leaders should take notice of their low cost rivals and develop strategies to compete with them.2009-02-26
2009-02-24
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Women in Business Conference, 6 March 2009
Beyond Ideas: Making Global Impact
How will the global economic crisis affect women in the workforce? How will the downturn affect the decisions women make about their careers? How can female entrepreneurs thrive in the recession?
2009-02-24
2009-02-23
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Why coordination, not knowledge transfer, is the key to successful offshoring
Phanish Puranam, Associate Professor of Strategic and International Management, and Co-Director of the Aditya Birla India Centre explains that what really matters in the success of offshoring is coordination and links to onshore processes
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New research from Phanish Puranam at London Business School questions the prevailing wisdom about what makes an offshoring project successful; that only standardised, routine practices can be moved offshore.2009-02-23
2009-02-13
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Is IT your Achilles' heel?
Companies require solid information technology to guarantee effective financial control systems. This is important for internal corporate governance, especially public financial reporting.
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What happens to companies that have weak IT systems and, thus, weaker internal controls? Research conducted by Bruce Weber shows that such corporate weakness can cost companies in a way they perhaps never realised.2009-02-13
2009-02-12
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Why government guarantees are a double-edged sword
Among many factors that contributed to the subprime crisis, a factor as important as any other was leverage – the astonishingly high leverage at which banks operated prior to (and in some cases, even during) the crisis.
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Why were banks so highly levered? Professors Viral Acharya and Julian Franks have sifted through the list of possible culprits and highlight the role of regulatory guarantees of bank debt. The scope of these guarantees has only enlarged as part of the recent rescue packages, covering not only a larger fraction of deposits but also extending to uninsured public debt. At this delicate stage of the crisis, it is prudent to reflect on the role of such guarantees in encouraging banks to take on high leverage. While the world is rescued, we cannot sow the seeds of another crisis.2009-02-12
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Ready for change?
One of the things that goes wrong with change programmes – repeatedly -- is that organisations and leaders fail to reconcile or even understand their internal capabilities and the complexity of their external worlds.
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They either respond to a change in the external environment without thinking of the internal repercussions or attempt to force through changes that make sense internally but no longer fit the context. It doesn't have to be this way. In his new book, Changeability, Michael Jarrett argues the case for being ready for change -- always.2009-02-12
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The crisis compendium
And now comes the really hard part. Recession has been confirmed in most of the industrial world. But, what now?
Listen to the podcasts now:
Michael Jacobides part one | Michael Jacobides part two | Don Sull | Julian Birkinshaw | View all podcasts
What can and should the leaders of the world's organisations do to survive and prepare their organisations for the world beyond? In the third of its series of briefings on the continuing crisis, London Business School faculty offered their insights into the practicalities of business leadership for 2009 and beyond. The faculty contributing ideas were Michael Jacobides, Don Sull and Julian Birkinshaw. In this compendium we provide their distilled wisdom.2009-02-12
2009-02-10
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London Business School celebrates inaugural Dubai-London Executive MBA recognition ceremony
In a landmark ceremony at the Dubai International Financial Centre, London Business School celebrated the first graduating class of its Dubai-London Executive MBA Programme
In the presence of Sheikh Maktoum bin Mohamed bin Rashid Al Maktoum, Deputy Ruler of Dubai, seventy-six graduating students processed into the Conference Centre wearing academic gowns and caps.
2009-02-10
2009-02-04
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Innovation and corporate culture
Professor Rajesh Chandy explains why corporate culture is the key to innovation
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Research by Rajesh Chandy, Professor of Marketing at London Business School, has found that corporate culture has a much stronger effect on innovation than other factors such as research and development expenditure, national culture and government policy.2009-02-04
2009-02-02
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London Business School Technology Summit, 20 February
Technology-based start ups invited to pitch their ideas in front of top executives
Technology-based startups are invited to pitch their ideas in front of top executives from the technology industry in the UK and Europe at the London Technology Summit at London Business School on 20 February 2009.
2009-02-02
2009-01-30
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Dubai-London Executive MBA
London Business School celebrates inaugural Dubai-London Executive MBA Recognition Ceremony
On Sunday 1 February, London Business School will celebrate a landmark achievement with the first graduating class of its Dubai-London Executive MBA Programme. The inaugural Recognition Ceremony, which marks the end of 18-months' study, will take place in the Conference Centre of the Dubai International Financial Centre at 16.30.
2009-01-30
2009-01-28
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Managing best practice
Professor Chris Voss explains how firms can adopt best practice to succeed
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Businesses frequently replicate the best practices of their rivals when seeking competitive advantage, but this is not always a successful strategy. Chris Voss, Professor of Operations and Technology Management at London Business School, explains in a new podcast how firms can use best practice to succeed.2009-01-28
2009-01-25
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'Double First' for London Business School
In the annual rankings from the Financial Times, London Business School has achieved a 'Double First' with both its MBA programme and EMBA programme ranked number one in the world.
On 26 January 2009, London Business School's MBA programme was ranked joint number one in the world alongside University of Pennsylvania: Wharton and first in Europe. London Business School is one of only three schools to have held the number one spot since the rankings began a decade ago.
2009-01-25
2009-01-22
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The crisis compendium
How can you make sense of the ongoing financial crisis? Two briefings by London Business School faculty helped shed light on what happens next.
Listen to the podcasts now
Andrew Scott | Helene Rey | Lucrezia Reichlin
James Dow | Julian Franks | Stephen Schaefer | Elroy Dimson
View all podcasts
In an economics briefing, Professors Andrew Scott, Helene Rey and Lucrezia Reichlin contemplated the economic options on offer to stop the economies of the world going from bad to worse. In the second briefing, Professors James Dow, Julian Franks, Stephen Schaefer and Elroy Dimson, surveyed the world of finance, identified what's wrong with the financial markets and came up with far-reaching prescriptions for their cure. This crisis compendium distils the debate.2009-01-22
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Re-thinking the banking agenda
Amid all the column inches dedicated to the financial crisis, Viral Acharya and Julian Franks, believe some critical aspects have been overlooked.
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Their latest research looks at capital budgeting and governance at banks and the adverse role played by government guarantees. It challenges banks to look again at how they set performance targets; whether these targets are appropriate in maximizing bank value and whether they appropriately reflect banks' business and financial risks; and how robust are the targets over the business cycle. Acharya and Franks' conclusions might unlock important and far reaching improvements in the quality of capital budgeting and governance practices at banks.2009-01-22
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Leading clever people
Rob Goffee and Gareth Jones’ latest research reveals the growing importance of a small number of smart employees.
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These "clever people" generate disproportionate amounts of value whether they are software developers, experts in obscure financial instruments, or scientists working in pharmaceutical companies. Providing them with leadership is now a key challenge for a growing number of organisations.2009-01-22
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India's new global strength
Corporations in the developed world increasingly see India as a high-growth market and its companies as acquirers of their assets, global competitors, partners for enhancing the competitiveness of their global value chain and a source of new energy and dreams for the world economy.
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How did this all happen? Nirmalya Kumar shares the essence of what he has learned in his new book, India's Global Powerhouses.2009-01-22
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Play hard, work hard
London Business School’s Management Innovation Lab – MLab – looks at developments in management from an array of different angles.
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Increasingly it is tracking the rise of what it labels Management 2.0, an innovative managerial counterpoint to the second generation of Internet technology. Advances in technology are challenging preconceptions about what managers do and what constitutes managerial efficiency. Indeed, spending time on social networking sites may be something companies eventually encourage. Julian Birkinshaw examines innovations in the way we socialise.... and work.2009-01-22
2009-01-19
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London Business School celebrates generous scholarship pledge
Anno Domini Capital Group donates three-year funding for Masters in Finance scholarship
London Business School is delighted to announce a donation of £96,000 from the Anno Domini Capital Group. The gift has been pledged for an initial period of three years and will be used to provide full tuition funding for one full-time Masters in Finance student each year. The first scholarship will be awarded in June 2009 to a candidate starting the programme in September 2009.
2009-01-19
2009-01-15
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London Views
London Business School launches 'London Views' a new monthly e-newsletter showcasing the very best of faculty thought leadership, insight and analysis.
The first issue contains the latest thinking on the global financial crisis, in the first part of a series of ‘Crisis Compendium' features to appear in each issue. London Business School's economics faculty contemplate the economic options on offer to resolve the crisis, whilst the finance faculty take a look at the problems within the financial markets, and provide some possible solutions.
2009-01-15
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Size matters: worst year for UK smaller companies since 1974
The Hoare Govett Smaller Companies (HGSC) Index report, published by The Royal Bank of Scotland (RBS) and London Business School
The Hoare Govett Smaller Companies (HGSC) Index report, published today by The Royal Bank of Scotland (RBS) and London Business School professors Elroy Dimson and Paul Marsh, shows that in 2008 small-caps suffered one of the worst years on record.
2009-01-15
2009-01-14
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MBA TV showcases life at London Business School
Watch the first four episodes of MBA TV and find out more about life as an MBA student at London Business School
Episode one | Episode two | Episode three | Episode four | View all podcasts
Aimed at prospective MBA students, MBA TV provides viewers with a window into life at London Business School. Experience our MBA first hand as you are guided through the academic year and learn what it means to study a world-class MBA in such a vibrant city. Features will cover the School community, curriculum highlights, major campus events and club activities. From fly on the wall reporting to up-front interviews you will gain access to staff, faculty, alumni and students.2009-01-14
2009-01-07
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Hedge fund clones
Narayan Naik, Professor of Finance and Director of the Hedge Fund Centre, talks about the increasing popularity of synthetic hedge funds
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In a new podcast Narayan Naik discusses whether investing in synthetic funds is a genuine alternative to the traditional hedge funds.2009-01-07
2009-01-02
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Management Innovation Lab
Julian Birkinshaw, Co-founder of the Management Innovation Lab discusses why management innovation is a largely unexplored source of competitive advantage
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In a new podcast, Julian Birkinshaw, Professor of Strategic and International Management at London Business School and Co-founder of the Management Innovation Lab (MLab) talks about the potential for management innovation to drive long term success for companies.2009-01-02
2008-12-22
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New leadership structure
London Business School appoints Robin Buchanan as President and Professor Sir Andrew Likierman as Dean
London Business School is pleased to announce that Robin Buchanan, the current Dean, has become President of the School. This is a new role, created on Buchanan's recommendation and endorsed by Governing Body, which focuses on the School's development and external relations.
2008-12-22
2008-12-18
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London Business School excels in influential research rating
Research Assessment Exercise results rate London Business School a 'world-leader' in faculty research
London Business School has excelled in the UK-wide Research Assessment Exercise (RAE) results, published today. The RAE is conducted jointly by the higher education councils for England, Scotland, Wales and Northern Ireland. The purpose of the assessment is to produce a quality profile for the research activity of all participating UK universities. All the research submitted to the RAE is rated 4* (world-leading), 3* (internationally excellent), 2* (internationally recognised), 1* (nationally recognised) or 0 (sub-standard).
2008-12-18
2008-12-16
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Developing a successful pricing strategy
Marco Bertini, Assistant Professor of Marketing, talks about developing a successful pricing strategy
Listen now | View all podcasts
In a new podcast, Marco Bertini, Assistant Professor of Marketing, discusses the importance of pricing strategy.2008-12-16
2008-12-12
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Why Choose a London Business School MBA?
Sabine Vinck, Associate Dean, MBA and Finance Programmes, discusses the experience of studying for an MBA at London Business School
Listen now | View all podcasts
In a new podcast, Sabine Vinck, Associate Dean, MBA and Finance Programmes, discusses the reasons students choose London Business School.2008-12-12
2008-12-09
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Academic partnership with the World Economic Forum
London Business School supports Global Leadership Fellows Programme
London Business School has today announced a three-year partnership with the Global Leadership Fellows Programme. Created by the World Economic Forum, the Programme is designed to equip the next generation of leaders with the skills needed to confront global challenges and address the opportunities in an increasingly interconnected world.
2008-12-09
2008-12-03
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What prevents middle managers from getting to the top?
Richard Jolly, Adjunct Associate Professor of Organisational Behaviour, discusses the obstacles facing middle managers who want to progress
Listen now | View all podcasts
In a new podcast Richard Jolly, Adjunct Associate Professor of Organisational Behaviour, discusses the obstacles that middle managers need to overcome to reach senior management.2008-12-03
2008-12-02
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Karen Napier to join London Business School
Southbank Centre Director of Development appointed as Associate Dean, Advancement
London Business School has announced the appointment of Karen Napier as Associate Dean, Advancement. Karen is currently Director of Development at Southbank Centre. In her new role, Karen will report directly to the Dean of London Business School, Robin Buchanan.
2008-12-02
2008-11-27
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London Media Summit 2008
Leading figures from film, music, print and TV discuss the future of 'old media'
The future of 'old media' was discussed at the London Media Summit on November 24th at London Business School. Leading figures from the world of film, music, print and television gathered to discuss the impending doom predicted by many in the industry, which at times turned into a fiery debate.
2008-11-27
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Global Healthcare Conference
First London Business School Global Healthcare Conference to be held on 1 December
London Business School's Healthcare Club is bringing together healthcare leaders to discuss issues facing the healthcare sector. Conference delegates, including students and alumni, will explore the global healthcare industry, led by prestigious speakers who will share insights on current and future industry opportunities and challenges.
2008-11-27
2008-11-26
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Developing Enterprise Leaders
Doug Ready, Visiting Professor of Organisational Behaviour, talks about the importance of developing enterprise leaders
Listen now | View all podcasts
In a new podcast, Doug Ready, Visiting Professor of Organisational Behaviour discusses the challenges for managers transitioning from unit leaders to enterprise leaders.2008-11-26
2008-11-19
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Entrepreneurship in an economic downturn
John Mullins, Associate Professor of Management Practice in Entrepreneurship, discusses the impact the credit crunch will have on entrepreneurs, and gives the truth behind some myths about investors
Listen now | View all podcasts
In a new podcast John Mullins answers key questions about entrepreneurship and investment that are even more important to new businesses in the current economic climate.2008-11-19
2008-11-14
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London Business School celebrates BusinessWeek ranking success
BusinessWeek place London Business School fifth in their ranking of International MBA programmes and first for intellectual capital
London Business School has been placed fifth in BusinessWeek's ranking of International MBA programmes, published yesterday. The School excelled in a number of key areas. We were ranked number one for the quality of our intellectual capital. We had the highest number of alumni reporting job offers at graduation with 96.9% versus an average of 85.2% amongst the other top ten schools. We received an A+ grade from recruiters for our general management and analysis, and an A+ from students for our career development.
2008-11-14
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London Media Summit 2008 - The Great Debate: How can 'old' media survive?
London Business School hosts its sixth annual media summit on Monday 24 November 2008
The sixth Annual London Media Summit will take place at London Business School on Monday 24th November 2008. Co-Chaired by Channel 4 News' Jon Snow and CNN's Becky Anderson, the 2008 London Media Summit will explore the effects of digital distribution channels on traditional media.
2008-11-14
2008-11-10
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Roundtable briefing on the current financial crisis
On Friday 31 October, four members of London Business School's finance faculty supported the student's Investment Management Club in a roundtable briefing to discuss the current financial crisis
View all podcasts
Professor Julian Franks started the briefing with a look at a case study, a hedge fund with a large stake in a bank that so far, has done relatively well during the crisis. Listen to Professor Franks' podcast2008-11-10
2008-11-05
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Under pressure in challenging times?
London Business School launches two-day Executive Workout programmes to help businesses get the best from their teams (www.londonworkouts.com)
In today's eceonomic climate, it's more important than ever for organisations to develop and retain the best talent. The uncertainty caused by the current recession, budgetary constraints and unemployment has meant employees are having to upgrade and re-skill. In response to the market, we have extended our Executive Education programme portfolio by creating Executive Workouts, a series of new two-day programmes that address critical business issues concisely yet intensively.
2008-11-05
2008-10-31
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Entrepreneurship and the Executive MBA
John Mullins, Associate Professor of Management Practice in Entrepreneurship, talks about the exciting learning environment on the Executive MBA
Listen now | View all podcasts
In a new podcast, John Mullins discusses teaching entrepreneurship to Executive MBA students at London Business School, and the importance of the real world experience they share with each other.2008-10-31
2008-10-27
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National Outsourcing Association
London Business School graduate wins academic achievement award
On 23 October, Matthew McNeill (SEMBA2008) awarded the National Outsourcing Association's award for Academic Achievement. The award was given in recognition of Matt's dissertation which was written as part of his Executive MBA. Matt is a Principal Consultant at Logica, a large European IT company who sponsored his studies.
2008-10-27
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EMBA-Global programme ranked number one
School's EMBA-Global programme takes number one spot in Financial Times ranking
The Financial Times Executive MBA ranking, published today, has ranked our EMBA Global programme as the best in the world. The programme, which is run in partnership with Columbia University, has moved up three places since 2006 to take the number one position.
2008-10-27
2008-10-16
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Where have all the good times gone?
On 14 October, four members of London Business School's economics faculty shared their perspectives on 'The World Economy: Where have all the good times gone?'
Professor Hélène Rey outlined the causes of the financial crisis. She described a series of macroeconomic factors, starting with the abolition of the Glass-Steagall Act in the US which accelerated the move of commercial banks into more risky investments.
2008-10-16
2008-10-13
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London Business School celebrates £44,000 scholarship
The Desmond Molins Charitable Trust donates £44,000 scholarship for MBA with engineering background
London Business School is pleased to announce the donation of a £44,000 scholarship by The Desmond Molins Charitable Trust. This generous gift will support an MBA student with an engineering background. The inaugural winner of the Desmond Molins Memorial Scholarship for Engineers is Olivier Kueny (MBA2010), a nuclear engineer from France.
2008-10-13
2008-10-07
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Sloan Fellowship Women’s Scholarship
London Business School announces Sloan Fellowship Women's Scholarship recipient, Vanessa Ginn
During an annual award evening, held last night by London Business School and their co-sponsors Saatchi & Saatchi and Spencer Stuart, Vanessa Ginn, an experienced manager in the oil industry, was awarded the 2008 - 2009 Sloan Fellowship Women's Scholarship.
2008-10-07
2008-10-06
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Coller Institute of Private Equity
London Business School receives multi-million pound commitment for private equity research and education
London Business School today announced a multi-million pound commitment from the J Coller Foundation to help create the world's leading institute for private equity education and research.
2008-10-06
2008-10-03
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Welcome back : Reunion for New Alumni 2008
Classes of 2004, 2005, 2006, 2007 return to campus on Saturday, 4 October to reconnect and celebrate
2008-10-03
2008-09-29
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A new degree programme that breaks the mould
London Business School launches the Masters in Management
London Business School has today announced the launch of a ground-breaking new addition to its existing degree programme portfolio. The new Masters in Management degree will welcome students from around the world for its first intake in August 2009.
2008-09-29
2008-09-24
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Open House at London Business School
Find out more about London Business School on Saturday, 27 September
On Saturday, 27 September 2008, prospective students are invited to visit London Business School and to find out more about the programmes offered by Europe's leading business school.
2008-09-24
2008-09-23
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Welcome Back: Worldwide Alumni Celebration 2008
28,000 Alumni. 84 Cities. One Global Network. Alumni gather on Thursday, 25 September to celebrate the 4th annual Worldwide Alumni Celebration
2008-09-23
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Richard Portes cited for service as Secretary-General of Royal Economic Society
Six RES Presidents honour Richard Portes, Professor of Economics, for his achievements as longest-serving (16 years) Secretary-General of the Society since Keynes
Richard held the post for the second longest period in the Society's history (since 1890). A tribute to Richard's achievements written by the six RES Presidents with whom he served cites a range of new initiatives during this period. These included the Women's Committee, the Econometrics Journal, the economics Media Initiative, the Ph.D. job market, and the Young Economist of the Year competition and annual public lectures, as well as strengthening the Economic Journal produced by the society.
2008-09-23
2008-09-18
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London Business School joins Goldman Sachs' 10,000 Women initiative
Centre for Management Development to partner with the National Entrepreneurship Network in India to support training for female entrepreneurs
London Business School is pleased to announce its partnership with the Goldman Sachs 10,000 Women initiative. The 10,000 Women programme supports partnerships with universities and development organisations to provide a generation of women in under-served areas around the world with a business and management education.
2008-09-18
2008-08-13
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London Business School faculty rewarded for innovative teaching
Michael Hay and John Mullins win Academy of Management award for 'Discovering Entrepreneurial Opportunities'
Professors Michael Hay and John Mullins from London Business School have been awarded the Academy of Management Entrepreneurship Division Innovation in Teaching Award, sponsored by McGraw Hill.
2008-08-13
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Executive Education launches new Executive Workouts
This series of two-day programmes starts in December 2008 with Coaching for Performance by Brent Smith. Find out more on www.londonworkouts.com
In today's competitive market it's more important than ever for organisations to develop and retain the best talent. Yet time and budget constraints have never been tighter. In response to the market, we have extended our Executive Education programme portfolio by creating Executive Workouts, a series of new two-day programmes that address critical business issues concisely yet intensively.
2008-08-13
2008-08-11
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Richard Portes appointed to Comité d'Honneur, Centre des Professions Financières
Professor Richard Portes honoured by French financial think-tank
Richard Portes, Professor of Economics, has been appointed to the Comité d'Honneur of the Centre des Professions Financières.
2008-08-11
2008-06-23
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First executive MBA to span the three connected cities which drive the global economy
London Business School and Columbia Business School are launching EMBA-Global Asia with the University of Hong Kong.
We are pleased to announce the launch of EMBA-Global Asia, a new addition to Columbia Business School and London Business School's highly successful, top-ranked EMBA-Global programme.
2008-06-23
2008-06-16
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Beyond the Impartial Observer
Academics and practitioners discuss involved observational research
Lehman Brothers Centre for Women in Business recently held a seminar ‘Gender, Power, Embodiment in Research' funded by Economics and Social Research Council on ethnographic research which observes and interviews people. The seminar is part of an ESRC seminar series on emotions and embodiment.
2008-06-16
2008-06-13
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CNN Boardroom Master Class
Carlos Ghosn, CEO of Nissan and Renault shares his insights with students
On 2 June 2008, two hundred London Business Students formed the audience of a CNN International hosted event called ‘The Boardroom Master Class'. The programme, hosted by Todd Benjamin, held an interactive discussion with Carlos Ghosn, CEO of Nissan and Renault on his global business philosophy and how he runs two automotive companies on two separate continents.
2008-06-13
2008-06-09
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World's top companies choose London Business School to find future leaders
Annual Recruiters' Forum attended by over 75 companies
Over 100 representatives from more than 75 leading global companies attended the Annual Recruiters' Forum at London Business School on Wednesday, June 4. New and existing recruiters met to discuss best practice, network and learn more about how the School's talented graduates from across the full range of programmes can meet their hiring needs at all levels of their organisation.
2008-06-09
2008-06-05
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Distinguished speaker series: Muhtar Kent, Coca Cola’s CEO designate
Changes in the global economic order create a defining moment for business
Life in the twenty-first century is about continuous learning, relationships and flexibility; it's about having an engaging mind and being imaginative, according to Muhtar Kent, who becomes CEO of The Coca Cola Company on 1 July. Only in this way would businesses be able to face up to the very real global economic challenges.
2008-06-05
2008-06-02
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Hong Kong Creative Business Forum
How innovation and entrepreneurship work in the creative economy.
Leading designers and entrepreneurs will speak at the Hong Kong Creative Business Forum in partnership with London Business School on Tuesday 3 June at the Royal College of Obstetrics and Gynaecology (RCOG). The conference will bring together some of Hong Kong's most famous designers with business academics to explore brand building, innovation and global strategy.
2008-06-02
2008-05-27
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London Business School and Mohammed bin Rashid Al Maktoum Foundation
Zeger Degraeve Awarded Sheikh Mohammed bin Rashid Al Maktoum Professorship of Innovation
Following the generous support of the Mohammed bin Rashid Al Maktoum Foundation, London Business School is delighted to announce that Professor Zeger Degraeve has been appointed the Sheikh Mohammed bin Rashid Al Maktoum Professor of Innovation at London Business School.
2008-05-27
2008-05-12
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Lynda Gratton shares insights in Singapore
Lynda Gratton is to discuss her work on Hot Spots with CEOs and Ministers in Singapore this week.
Professor Lynda Gratton has been invited to Singapore as a Distinguished Visitor of the Ministry of Manpower.
2008-05-12
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2008 Financial Times Executive Education rankings
Schools programmes ranked 16th; up on last year
London Business School's Executive Education programmes are ranked 16th in today's Financial Times (FT), up one place from last year. Open Enrolment Programmes are ranked 13th (up from 20th last year) and Custom Programmes are ranked 27th (down from 22nd last year).
2008-05-12
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Leading Clever People
Rob Goffee and Gareth Jones claim second place at the McKinsey Awards
Rob Goffee, a Professor of Organizational Behavior and Gareth Jones, a Visiting Professor at Insead and a Fellow of the Centre for Management Development at London Business School have been awarded second prize at the prestigious McKinsey Awards.
2008-05-12
2008-04-15
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Game-Changing Strategies: how to create new market space
Game-Changing Strategies is the new book by Costas Markides, the Robert Bauman Professor of Strategic Leadership at London Business School.
Game-Changing Strategies examines the obstacles that established companies face as they attempt to discover radical new business models in their industries and describes how they can do it.
2008-04-15
2008-04-10
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Viral Acharya awarded Houblon-Norman Fellowship
Bank of England bestows grant to research inefficiences in inter-bank liquidity transfers.
Viral Acharya, Professor of Finance at London Business School, has been awarded a Senior Houblon-Norman Fellowship by the Bank of England.
2008-04-10
2008-04-07
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International Tech Strategy Business Case Competition
School’s MBA students win 3rd place
A team of MBA students from London Business School won 3rd place at the third Annual International Tech Strategy Business Case Competition, held on March 28 and 29 at Boston University.
2008-04-07
2008-04-04
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Professor Andrew Scott appointed Chair of EABCN Scientific Committee
Professor Andrew Scott has recently been appointed Chair of the Scientific Committee of the Euro Area Business Cycle Network (EABCN), for a 3-year term of office.
2008-04-04
2008-03-27
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HKU MBA students at London Business School
The collaboration between London Business School and Hong Kong University marks the beginning of our true engagement with China – the world’s largest emerging market.
The HKU MBA at London Business School provides a wonderful opportunity for our entire School community to obtain a deeper and richer understanding of China and Asia.
2008-03-27
2008-03-14
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New Goldman Sachs International Scholarship for MBAs
London Business School together with Goldman Sachs is delighted to announce a new scholarship for full-time MBA students.
The Goldman Sachs International Scholarship has been established to highlight Goldman Sachs’ commitment to diversity. The first £20,000 scholarship will be awarded to a deserving MBA candidate starting the programme in Autumn 2008. The recipient of the Scholarship will be selected taking into consideration financial need along with academic merit.
2008-03-14
2008-03-11
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Julian Birkinshaw elected AIB fellow
The Academy of International Business recognise our faculty
The Academy of International Business (AIB) has recognised Julian Birkinshaw, Professor of Strategic and International Management, by electing him as one of its Fellows.
2008-03-11
2008-03-10
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Nigel Nicholson’s new book, Family Wars, is published this week by Kogan Page
Greed, power-lust, jealousy and treachery, are only a few of the elements which sizzle in the many stories of family businesses told by the authors, Nigel Nicholson of London Business School and Grant Gordon, Director General of the Institute for Family Business.
2008-03-10
2008-03-07
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London Business School professor wins ESRC research award
Derek Bunn wins grant for research into the impact of climate change policy uncertainty
Professor of Decision Sciences, Derek Bunn, has received a significant grant to fund research into the impact of climate change policy uncertainty on energy market behaviour. The grant was awarded by the Economic and Social Research Council (ESRC), with additional support from two UK Government departments - Department for Business, Enterprise & Regulatory Reform and Department for Environment, Food and Rural Affairs.
2008-03-07
2008-02-12
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1.34 million euro grant awarded to Professor Helene Rey
Largest individual research grant ever received by London Business School faculty
Professor of Economics, Helene Rey, has received funding of €1.34 million as the European Research Council (ERC) awards its first prestigious grants to top researchers in Europe.
2008-02-12
2008-01-24
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London Business School celebrates success of MBA graduates
97% of MBA 2007 class received offers of employment within three months of graduating
The MBA Employment Report 2007 has been released and London Business School is delighted to report that within three months of graduation 97% of the 2007 MBA class had received offers of employment.
2008-01-24
2008-01-11
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EMBA-Global student wins $20,000 Cartier award
Prize for new business venture to help low-income entrepreneurs
Yasmina McCarty (EMBA-Global 2008) has received the Cartier Women’s Initiative Award of $20,000 and a year’s free business coaching to help launch her business GreenMango.
2008-01-11
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Steve Currall presents to Parliamentary Select Committee
Innovation, Universities and Skills Select Committee invites Steve Currall to present
Visiting Professor of Organisational Behaviour and Entrepreneurship Steve Currall presented remarks to the Innovation, Universities and Skills Parliamentary Select Committee on 9 January.
2008-01-11
2008-01-08
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SA President Sean Barrett podcast
Sean Barrett talks about the School’s Student Body
Listen now | View all School podcasts
In a new podcast, Sean Barrett, President of the Student Association since June 2007, talks about the importance of the student community and why new students should sign up for everything!2008-01-08
2008-01-07
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New blog launched by Freek Vermeulen
Freek Vermeulen launches his business commentary blog
Freek Vermeulen, Associate Professor of Strategic & International Management, has launched a blog which will regularly address topics pertinent to corporate strategy.
2008-01-07
2007-12-11
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Shell CEO speaks at London Business School
We are part of a growth industry, says Shell CEO
Royal Dutch Shell’s Chief Executive, Jeroen van der Veer, told his Stockton audience at London Business School on 18 October that international oil and gas companies (IOCs) like Shell are part of a growth industry. By 2050, the world could be using at least twice as much energy as we use today and a company like Shell possesses the skills to open up new energy frontiers and help maintain the supplies of oil and gas for the world’s economic development needs.
2007-12-11
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Michael G Jacobides presents at Nobels Colloquia in Trieste
The Strategic Dynamics of Industry Architectures
Associate Professor of Strategic and International Management, Michael G Jacobides, presented at the Nobels Colloquia held on 3 and 4 December in Trieste.
2007-12-11
2007-12-10
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Executive MBA and Sloan Fellowship programme podcast
Lyn Hoffman, Associate Dean of the Sloan and EMBA programmes, talks about her portfolio
Listen now l View all School podcasts
In a new podcast, Lyn Hoffman, Associate Dean of the Sloan and Executive MBA (EMBA) programmes, talks about the masters degree programmes that she oversees at the School and the impact they have on students' careers.2007-12-10
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Julian Birkinshaw contributes to AIM Report
Competing on knowledge: the UK’s global innovation challenge
Professor of Strategic and International Management, Julian Birkinshaw, has co-authored the most recent Advanced Institute of Management (AIM) research report.
2007-12-10
2007-12-05
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London Business School launches Dubai Centre
Dubai Ruler inaugurates London Business School Centre
London Business School was delighted to officially launch their Dubai Centre at the Dubai International Financial Centre (DIFC) on Tuesday 27 November.
2007-12-05
2007-12-03
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European Business School Rankings
London Business School placed second in Financial Times European ranking
London Business School is positioned second overall in the most recent Financial Times rankings of European graduate business schools, which were released today.
2007-12-03
2007-11-27
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Career Services podcast
Diane Morgan discusses Career Services and what it can offer
Listen now | View all School podcasts
In a new podcast, Diane Morgan, Director of Career Services, talks about the department and what it can offer to London Business School students.2007-11-27
2007-11-26
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The Internationalisation of Iceland's Financial Sector
Professor Richard Portes presents report for the Icelandic Chamber of Commerce
Professor Richard Portes recently presented the findings of a report he jointly wrote for the Icelandic Chamber of Commerce.
2007-11-26
2007-11-13
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Global Energy Summit
Thought leaders discuss the future of the global energy mix
The London Business School Energy Club hosted their second Global Energy Summit at London Business School on Friday 2 November 2007.
2007-11-13
2007-11-09
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Global Security Challenge winner announced
Next generation night vision technology wins the Global Security Challenge
NoblePeak Vision was awarded a $500,000 grant sponsored by the US Government and mentorship with Paladin Capital Group for winning the second annual Global Security Challenge on 8 November 2007.
2007-11-09
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Top donors honoured
School thanks Capital Society members at annual dinner
London Business School thanked 180 of its most generous donors at the annual Capital Society Dinner on 6 November.
2007-11-09
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Alumni triumph
Fifth School win against Harvard, Insead and Wharton in inter-school wine-tasting competition
London Business School alumni triumphed over the competition at the ninth annual Pol Roger Wine Tasting competition hosted by Linklaters, making the winning tally five for London Business School, four for Insead and leaving Harvard yet to win.
2007-11-09
2007-11-08
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Rio and Buenos Aires Global Forums
Family, Friends and Fools are the three Fs you must first look to when finding investments for a start up.
Dr Mullins, Associate Professor of Management Practice in Entrepreneurship, visited Latin America for the Rio de Janeiro and Buenos Aires Global Forums, where he led sessions aimed at reducing the numbers of businesses failing at the first hurdle – the business plan.
2007-11-08
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Thinkers 50
School faculty among world's top business gurus as ranked by The Times
Four London Business School faculty have been ranked in the ‘Thinkers 50’ - a list of the year's most influential business thinkers published by The Times. All the professors have moved up in the rankings on their positions from the previous list (2005).
2007-11-08
2007-11-05
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Professor Elroy Dimson elected to UKSIP Fellowship
Professor Dimson's contribution to the investment profession recognised
The Board of the UK Society of Investment Professionals has announced that Professor Elroy Dimson is one of eight newly elected Fellows.
2007-11-05
2007-11-02
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BusinessWeek rankings
Exec Ed. and EMBA placed in the biennial rankings
London Business School's Executive Education and Executive MBA programmes have been placed in the biennial BusinessWeek education ranking.
2007-11-02
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Women in Business Conference
Innovative Potential: Men and Women in Teams
The Lehman Brothers Centre for Women in Business hosted their third Women in Business Forum at London Business School on Thursday 1 November 2007.
2007-11-02
2007-10-22
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Financial Times Executive MBA Rankings 2007
London Business School's EMBA programmes ranked in the top ten worldwide
The Financial Times Executive MBA rankings today positioned both of London Business School’s Executive MBA programmes in the top ten in the world, our London EMBA at 6 and our EMBA-Global at 4.
2007-10-22
2007-10-12
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Lisa Moynihan
A great loss to our community
It is with great sorrow that London Business School reports the death of Assistant Professor of Organisational Behaviour, Lisa Moynihan. Lisa passed away on 7 October 2007. She had been battling breast cancer over the past two years.
2007-10-12
2007-10-05
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Microsoft CEO speaks
Steve Ballmer demonstrates new Surface device during presentation at School
Speaking to a London Business School audience on Monday 1 October, Microsoft CEO Steve Ballmer said software can do magical things when coupled with the almost free intelligence available from computer hardware. But key to the company's success is the ability to attract and retain the best and the brightest people and to be able to foster innovation; for him as CEO, it was imperative he put a lot of energy into choosing and motivating them.
2007-10-05
2007-10-03
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Autumn Recruitment Season kicks off
Over 100 companies on campus to recruit our top talent
The School’s Autumn Recruitment Season kicks off this week. Career Services will be welcoming over 100 companies to campus through on-campus presentations and career fairs, starting with our Corporate Partners on Tuesday 2 October. Top global companies will be recruiting our graduating MBAs, MiFs, EMBAs and Sloans for their permanent positions with immediate and summer 2008 starts.
2007-10-03
2007-09-20
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Finance Programmes podcast
Sabine Vinck discusses the finance programmes portfolio
Listen now | View all School podcasts
In a new podcast, Sabine Vinck, Associate Dean of Finance Programmes, talks about the extensive portfolio of finance programmes offered at London Business School, including the flagship Masters in Finance (MiF) degree programme.2007-09-20
2007-09-14
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Entrepreneurship Summer School
ESS hits 20 million pound milestone
The Entrepreneurship Summer School, which ran on campus between 15 July and 1 September, was one of the most successful ever. 40 participants took part in ESS, now in its sixth year.
2007-09-14
2007-09-13
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US losing its leading international competitive position
London Business School and other eminent finance professors propose new initiatives for the US roundtable statement
Professors Elroy Dimson and Stephen Schaefer of London Business School have contributed to a Statement by the Financial Economists Roundtable (FER) addressing the issue of whether the US is losing its leading competitive position as compared to stock markets and financial centre abroad, and what to do about it.
2007-09-13
2007-09-11
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Women's scholarship
London Business School announces Sloan Fellowship Women's Scholarship recipient, Kimberley D. Warden
Kimberley D. Warden, an American attorney and federal lobbyist, has been awarded the 2007/2008 Sloan Fellowship Women’s Scholarship.
2007-09-11
2007-09-03
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London Business School success in Dubai
Inaugural Dubai-London Executive MBA starts in September
The inaugural London Business School Dubai-London Executive MBA (EMBA) programme commences on 5 September 2007 and will be taught at the Dubai International Financial Centre.
2007-09-03
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School Executive to be the new Dragon in Den
James Caan, Entrepreneur in Residence at London Business School, to join BBC's Dragon's Den
James Caan entrepreneur-in-residence at London Business School has been appointed as the new dragon in the BBC’s Dragon’s Den programme.
2007-09-03
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New Dean joins London Business School
Robin Buchanan begins his term as Dean
Robin Buchanan began his term as the seventh Dean of London Business School on 1 September.
2007-09-03
2007-07-26
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School hosts Chancellor's first policy speech
Rt Hon Alistair Darling MP says his government aims to maintain economic growth
As Britain enters its 61st quarter of continuous growth, Chancellor of the Exchequer, Rt Hon Alistair Darling MP told a packed London Business School audience that stability, openness and cooperation are key to ensuring that Britain sustains its recent economic success. The policy speech was Darling’s first as Chancellor. [Darling was appointed as Chancellor on 28 June 2007.]
2007-07-26
2007-07-06
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India tackles growth obstacles
Infrastructure an economic hurdle, says India Finance Minister
India's infrastructure will equal the best in the world by 2017, predicts the country's Finance Minister P. Chidambaram.
2007-07-06
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Record numbers for Global Leadership Summit
World-class speakers drive business debate
A record 720 business delegates turned out to hear an impressive line-up of speakers at London Business School's fifth annual Global Leadership Summit on Monday 2 July.
2007-07-06