I much enjoyed reading a recent book by a former GBSN colleague and friend, Jim Dean, and his co-author Deborah Clarke: “The Insider’s Guide to Working with Universities. Its tag line: Practical Insights for Board Members, Business people, Entrepreneurs, Philanthropists, Alumni, Parents, and Administrators.” This core of the book – as far as I know the first of its kind – explains to very senior non-academic people, especially corporate CEOs who become presidents, deans, trustees and such, of academic institutions how universities differ from businesses, and what makes them tick. My favorite quote: “From 1948 to 1953 former Supreme Commander … Read More
I was invited to participate in the World Economic Forum’s (WEF’s) Annual Meeting of the New Champions which was held in early July in Dalian, China. Also, I was pleased to be part of a high profile launch of the Global Innovation Index in New Delhi on 24th July. I will use this blog to share some of my reflections from these two professional engagements.
Returning to China after a gap of some months is always interesting as the country seems to continue to change at a fast pace. I had taken part in several prior editions of the WEF’s Annual Summits in China and it is interesting to see how the WEF China Summit has now become focused exclusively on technology and innovation. This is not surprising per se as China’s rise in the technology domain is now recognized by many.
While the acceleration of innovation presents a formidable challenge for most business school leaders, it also presents an exceptional set of opportunities for the few who dare to innovate and change. The few who are inspired to re-imagine the future and take risks. The few who are disciplined to execute with determination and resilience. So how should business school leaders react to these accelerations in the pace of innovation?
The latest in a series of corporate venturing (CV) studies from IESE Business School examines how much autonomy CV units need to create the most impact BARCELONA, Spain–(BUSINESS WIRE)–Feb 22, 2019– IESE Business School in collaboration with consultancy firm BeRepublic released today a new study on how companies can best maximise the impact from corporate venturing – the increasingly popular practice of large firms collaborating with start-ups in an effort to increase innovation. The study Open Innovation: Balancing the autonomy and impact of your corporate venturing unit, is based on over 120 interviews with chief innovation officers and those in … Read More
After exactly a decade, GBSN returned to Nairobi for its 13th Annual Conference on November 7 – 9, 2018. The conference, co-hosted by Strathmore Business School and the Chandaria School of Business, USIU focused on how innovation, collaboration and entrepreneurship can transform business. Over 100 management education, development and industry professionals from 34 countries convened to explore innovations in education and business. The GBSN conference provided me with a perfect setting for speaking about the innovation successes and challenges of Africa. For over a decade I have been editing the Global Innovation Index (GII) Report (www.globalinnovationindex.org). Extending beyond the traditional … Read More
On November 7 – 9, 2018, the Global Business School Network held its 13th Annual Conference on “Transforming Traditional Sectors: Educating Entrepreneurial Leaders to Drive Systemic Change” co-hosted by Strathmore Business School and the Chandaria School of Business, USIU. The conference, held in Nairobi, Kenya, focused on how innovative, interdisciplinary and collaborative ways of educating entrepreneurial leaders can transform traditional sectors, including Mining & Oil, Agriculture, Tourism and Healthcare. The conference was sponsored by MIT Sloan School of Management Global Programs, Monash Business School and Johnson & Johnson. Nicolas Nesbit, General Manager of IBM East Africa, opened the conference with his inspiring … Read More
Nowadays, innovation is a key dimension in the performance of business organizations. In contexts that are more and more dynamic and competitive, and where clients have become more demanding, firms need to distinguish themselves by developing new products and services, and/or improving their processes to gain in terms of productivity. Through innovation, they are asked to build a competitive advantage by meeting new expectations from customers and entering new markets or adopting more effective practices and technologies. For organizations, it is a matter of survival. Innovation gives them an effective solution to deal with sectors convergence, technological dynamism and market globalization. For entrepreneurs, innovation is the key factor to overcome market barriers and create new value or new industries. As Peter Drucker (1985, p. 19) stated: « Innovation is the specific tool of entrepreneurship, the means by which they exploit change as an opportunity for different business or a different service.».
Cambodia has over 100 universities that offer MBA programs, which has led to an increase in competition and a decline in enrollment at the National University of Management in Phnom Penh. Aside from standard university rivalry; many companies are establishing similar business programs for consumers (i.e banks offering programs in finance and banking). To differentiate itself, NUM was looking to develop a new Master’s Program in Management & Innovation. Developing this specialized master’s program was ideal due to vast changes happening in the region and rise of interest in entrepreneurship. GBSN hosted a Cross-Border Coffee Break: Fulbright Specialist Program Offers Opportunity … Read More
I want to pay tribute to Professor Soumitra Dutta, Dean of Cornell’s SC Johnson College of Business on the occasion of the 10th anniversary of his brainchild, the Global Innovation Index (GII), a project he launched at INSEAD, another GII partner, joined later by WIPO, the World Intellectual Property Organization. Professor Dutta is a longtime friend of GBSN. Capturing innovation systematically across geographies and over time is a daunting proposition. The Index captures “inputs” of innovation as well as “outputs.” Inputs include institutions (the political, regulatory and business environment), human capital and research, infrastructure (such as ICT), “market sophistication” (credit, … Read More
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