New paradigm needed to mitigate brain drain in the Middle East: INSEAD has role to play
The United Arab Emirates (UAE) is an interesting case study in human capital, in part because there are few places in the world where you will find a predominantly expatriate workforce. While the economies of this and other oil-rich countries are still robust, the long-term effects of relying on transient foreign talent could very well derail progress for future generations.
KFC China's recipe for success
If there were just a few things that China has wholly embraced from the West, it would be their love for Kentucky Fried Chicken, or KFC as it is more commonly known. In 1987, the fast-food operator opened its first outlet near Tianamen Square in Beijing. Then came 2,000 other outlets, which sprung up across China within the next 20 years – a phenomenal achievement by any standard.
Unshackling the ‘double bind’ of the female leader
According to Robin Ely, a Professor of Organisational Behavior at Harvard Business School, women often end up in a ‘double bind’. “If they try to enact the traits that are seen as ‘leaderly’ – and these tend to be the traits that are more associated with idealised images of masculinity – they tend to be respected for that, but not necessarily liked. Whereas if they take up a more stereotypically female role of being nurturing and caretaking, they may be liked but not necessarily re
CEO view: Fadi Ghandour of Aramex
The Aramex story – that of a small player in the Middle East rising to compete against the biggest companies in the global transportation and logistics market – has been heralded by Thomas L. Friedman in his book The World is Flat as a model for companies benefiting from the ‘flattening’ of the world through globalisation – the levelling of the economic field and the destruction of barriers to entry, opening the door wide for individuals or companies anywhere in the world to collaborat
Can leadership withstand the ravages of a crisis?
The sudden collapse of Lehman Brothers and the fall of AIG have not just shaken the financial community to its core, which has sent reverberations worldwide, its leaders have also come under fire.
But there's more to these highly-publicised institutional collapses than meets the eye, according to Subramanian Rangan, Associate Professor of Strategy and Management at INSEAD.
CEO view: Ben Verwaayen of BT
Sustainability is becoming an increasingly hot topic in business circles, but when it comes to grasping the sense of urgency surrounding the issue, many of the current generation of business leaders arent very good at getting it. Thats according to the outgoing CEO of BT plc, Ben Verwaayen.
Business has to play a focal role in sustainability, he says, adding its in the interest of businesses to take the issue seriously.
The dark side of trust
By and large, trust is a good thing. But there can also be too much of a good thing. One needs to look no further than the scandal involving disgraced Wall Street financier Bernard Madoff to appreciate the detrimental effects of misguided or excessive trust, for which there are dire consequences.
Improving organisations through performance feedback
Performance feedback plays an important role in indicating when a firm needs to change its management strategy. It doesn’t, however, indicate just what this new strategy should be, and firms do not always respond appropriately, says Henrich Greve, INSEAD Professor of Entrepreneurship and Organisational Behaviour.
The changing face of the CIO
As CEOs increasingly turn to technology to help them cope with a rapidly changing business environment, chief information officers (CIOs) are no longer simply ‘the IT guys’. Increasingly, they are expected to play a more strategic role. According to the 2008 ASEAN CIO Leadership Study – based on a survey of some 160 CIOs in six Southeast Asian countries - CIOs are finding that this change in responsibilities also means that a new set of skills is required to carry out the job.
Re-tooling the microfinance model in Asia
More than three billion people live in poverty around the world, but millions are managing to raise their living standards to some degree, thanks to microfinance. Even so, there’s plenty of scope for scaling up the current model of microlending to help others.
On Adam Smith, Gordon Gecko and controls on self-interest
Maybe it’s due to technology, maybe the global economy or maybe the revelations about corporate behaviour as one company after another, melting down and asking for taxpayer aid, laid bare the truth behind their balance sheets. Layman and businessman alike have come to realise that the old taboos surrounding ways of behaviour in the business world no longer work – or perhaps worked inefficiently at best.
The Economic Growth Engine: How Energy and Work Drive Material Prosperity
The authors of this unique book explore the fundamental relationship between thermodynamics (physical work)
and economics. They take a realistic approach to explaining the relationship between technological progress,
thermodynamic efficiency and economic growth, the findings of which conclude with a fundamental explanation of
endogenous growth that is both quantifiable and consistent with the laws of thermodynamics. A major implication of
this is that future economic growth is no
Clean-up, funerals for Baghdad blast victims
Clean-up begins following a series of devastating bombs on Saturday, that killed at least 45 people in Shi'ite areas of the Iraqi capital Baghdad. Jillian Kitchener reports. Subscribe: http://smarturl.it/reuterssubscribe More updates and breaking news: http://smarturl.it/BreakingNews Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial, national, and
2012 Twilight PSA
The College of Southern Maryland will once again offer a free, outdoor performance series at all three campuses during July/August 2012. The CSM Twilight Performance Series consists of four weeks of performances, concerts, and more at all three CSM campus locations, including the ever-popular Chautauqua program during the Kick-Off Week of the Series! Bring the whole family and enjoy a variety of entertainment for free. Hungry? Bring a picnic, or purchase select food items provided at each camp
De landen van Europa aanduiden op een blinde kaart Interactieve oefening waarmee leerlingen de ligging van Europese landen inoefenen. Leerlingen duiden het gevraagde land aan op een blinde kaart. Bij een fout antwoord, krijgen ze een nieuwe poging. Bij een goed antwoord, verschijnt de volgende …
Interactieve oefening waarmee leerlingen de ligging van Europese landen inoefenen. Leerlingen duiden het gevraagde land aan op een blinde kaart. Bij een fout antwoord, krijgen ze een nieuwe poging. Bij een goed antwoord, verschijnt de volgende …
Sustaining Success reports vs reflective writing
Sustaining Success reports vs reflective writing
Cosmonauts walk in space
Russian cosmonauts conduct a spacewalk on the International Space Station to prepare the outpost for future assembly work. Katharine Jackson reports.
Are Hedge Funds out of Control?
If you go to Amazon.com and search for books about venture capital, you get 14,114 responses, which include many text books. Andrew Metrick, a professor of finance at Wharton, has just written a new book on the subject titled, "Venture Capital and the Finance of Innovation." Unlike the thousands of other books, though, this one offers a different approach, especially in areas such as valuing startup companies and IPOs, by bridging the gap between finance fundamentals and venture capital practice
Microsoft and Yahoo: Does It Make Sense (and Will It Work)?
On Friday, February 1, Microsoft announced it was making an unsolicited bid to acquire Yahoo for $44.6 billion in cash and stock, a 62% premium over Yahoo's stock price at the time. Yahoo is officially "evaluating" the offer and, according to reports, is talking to other companies as possible suitors. Meanwhile, Google seems determined to derail the deal, stating that it finds the proposed acquisition "troubling" and offering to help Yahoo come up with other options. Does the deal make sense, an
Equity International's Gary Garrabrant: 'Bearish' on the U.S., 'Bullish' on Emerging Markets
Those countries that had easy access to debt -- such as the U.S. and Japan -- are taking the biggest hit from the current financial crisis, while those countries without access to debt capital -- such as Brazil -- have been somewhat spared, according to Gary Garrabrant, CEO of Equity International. During the Knowledge@Wharton Real Estate in Emerging Markets Forum, Garrabrant spoke about his company's strategy for weathering the down market, how investment decisions are made, and what he sees ha