Friday, March 26, 2010

Leadership - entrepreneurship - sustainability

To view this online, please click here. March 2010
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Dear Paulo,

This month we focus on leadership with interviews with Sir Martin Sorrell of WPP and Sir Win Bischoff of Lloyds Banking. We find out about the steps Tyco took to improve corporate governance post-Kozlowski, and get an update from INSEAD's Rolando Tomasini and Luk Van Wassenhove on the humanitarian relief efforts in Haiti.

INSEAD Professor Filipe Santos talks about entrepreneurship in Portugal, and as Google considers whether to pull out of China, Anil Gupta and Michael Witt discuss whether it should stay or go. CIOs take centre stage in a debate on knowledge skills, and author Paul Midler talks about the challenges of manufacturing in China.

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Stuart Pallister
Editor, INSEAD Knowledge

"Our strategy is built on three pillars," says communications guru Sir Martin Sorrell, CEO of the world's largest communications services company, WPP. 'New markets', which means the shift to Asia and the South, the BRIC (Brazil, Russia, India and China) and Next-11 markets; 'new media', that's digital in the sense of PC, mobile and video content; and 'consumer insight,' "because we're very focused on how the consumer is changing, not just in a recessionary environment but in the longer term: their media consumption habits, not just their reaction to products and services."

Read more...


The Lehman fallout: blame the bankers, not the banks

The banking industry, post-Lehman Brothers, is going to be quite a different one going forward, because the impact of the banking crisis was so profound that changes are inevitable.

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Turning around Tyco: how corporate governance saved the day

"Shareholders are screaming. The stock price has dropped from $60 to $7 a share. The press is hitting you every day with requests for info on the turnaround of the company. The prior management is still there, wondering about their futures. The prior board is there, wondering about their futures. And you're there, trying to bring some order to this chaos."

Read more...


Google's China dilemma: stay or go?

Just four years shy of setting up Google China, the leading internet search engine company has already threatened to withdraw its Chinese-language search engine Google.cn from the country over censorship and alleged cyber attacks on the e-mail accounts of Chinese human rights activists.

Read more...


Gaining a competitive advantage with knowledge-based skills

The financial crisis has highlighted deficiencies in knowledge-based skills in Europe and unless they're tackled now, the region could get left behind. That was one of the key messages from an event held recently at INSEAD's Europe campus in France.

Read more...

Like individuals, companies mobilise their resources to contribute to large-scale emergencies as quickly as they can. Corporate donations may be in the form of cash, goods and services in-kind like technical expertise or capacity.

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Creative finance: funding the future of social enterprise

Ten years ago, it was not fashionable for social enterprises to take loans. Even if they wanted to, nobody would lend them money.

Read more...


Ayala: Taking care of the bottom line while seeking a social impact

"Businesses cannot simply operate in societies that are plagued with extreme poverty and where the environment is severely degraded. It is important for businesses to build in solutions to these challenges in their business strategies for their long-term viability and survival." That's according to Fernando Zobel de Ayala, who is President and Chief Operating Officer of Ayala Corporation, and concurrently Chairman of Ayala Land, the largest real estate company in the Philippines.

Read more...

One look at the amount of money needed to fund the projected demand for energy, coupled with a glance at EU and other policy directives aimed at reducing the world's carbon footprint, and it becomes clear a little political squabbling on the world stage isn't going to deter investors from looking for big returns from a nascent industry with a bright future.

Read more...

Related article:

Climate change and business: the momentum stalls

Alstom powers up to fight climate change

The push for sustainable clean energy as a key driver of developed economies, set against a backdrop of depleted natural resources, may paint a bleak picture for future generations. But according to Philippe Joubert, Executive Vice President of Alstom and President of its Power Sector, that's not necessarily so, if you know how to properly harness the environment.

Read more...


Contrary to the way many companies try to grow their bottom line, the mantra for hospitality group Raffles Hotels & Resorts is slow and steady. And according to its President John M. Johnston, that has served this boutique luxury hotel chain just fine.

Read more...


Coming of age

Until recently, it was not 'natural' to be a high-growth entrepreneur in Portugal.

"It used to be if you cannot find a good job, you become an entrepreneur by creating your own small business," says INSEAD Assistant Professor of Entrepreneurship, Filipe Santos, who is also the Director of the school's Rudolf and Valeria Maag International Centre for Entrepreneurship (Maag ICE).

Read more...


Leapfrogging over the Joneses

Measures to reduce conspicuous consumption by lower income earners in order to encourage them to boost their savings and spend more on healthcare, education and other essentials could backfire, according to recent research by INSEAD PhD candidate Nailya Ordabayeva and Associate Professor of Marketing Pierre Chandon.

Read more...

Poorly made in China: a reality check

Despite being hailed as 'the world's workshop', China's reputation of being a reliable and responsible manufacturer is far from world-class. In his new book 'Poorly Made in China', intermediary and author Paul Midler exposes the pitfalls of manufacturing in China, debunking several myths in the process.

Read more...


Fighting for trade: China and the threat of protectionism

In a global economic environment still reeling from the financial crisis and a vast contraction in world trade, the fight between countries for market share - and ultimately revenue - has become even more intense.

Read more...

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Paulo Antônio Alves de Almeida, psicólogo com formação em arte clássica e contemporânea pela UFMG e Royal Academy of London

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