Category Archives: Economy

On governance and leadership in Africa

Mo Ibrahim, founder of Celtel International, one of Africa’s leading mobile telephone companies, gave the Coca-Cola World Fund at Yale Lecture,  “Governance, Leadership, Civil Society, and the Private Sector: An African Perspective,” on April 23. Ibrahim is also the founder of the Mo Ibrahim Foundation to improve the quality of governance in Africa. *Source: Yale […]

Read More

Diversity programs give illusion of corporate fairness, study shows

Diversity training programs lead people to believe that work environments are fair even when given evidence of hiring, promotion or salary inequities, according to new findings by psychologists at the University of Washington and other universities.

The study also revealed that participants, all of whom were white, were less likely to take discrimination complaints seriously against companies who had diversity programs. (more…)

Read More

Power of integrity

Hutchinson Lecture features financial economics expert Jensen

It can be easy to miss what’s right in front of you, said Michael Jensen as he shared an awareness test video of basketball players and a “hidden” moonwalking bear in the opening of the 23rd annual Hutchinson Lecture last week at the University of Delaware.

“In effect, integrity is the unforeseen bear in our lives and my intention is to shift the parts of our world group, our frames of reference, relevant to our view of integrity so that we see it differently, in fact as it is, or much closer to what it is,” said Jensen, who presented “The Hidden Power of Integrity and Access to Vast Increases in Performance.” (more…)

Read More

Now Online: A Century of Women’s Entrepreneurialism

Microsoft partners with the U.S. National Women’s History Museum to launch an exhibit examining the journey of American women who have started businesses over the last century.

REDMOND, Wash. – March 28, 2013 – At Microsoft, advocating for women in business is rooted in the corporate conscience, along with the belief in women’s power to blaze trails and shape their own destinies through entrepreneurship. In recognition of March commemorating both International Women’s Day and National Women’s History Month in the United States, Microsoft is shining a light on the stories of women entrepreneurs around the world and showcasing how technology has played a transformative role in enabling entrepreneurship. (more…)

Read More

Business Leaders Share Insights on U.S.-China Relations

Developing globalization strategies for American and Chinese companies was the topic of a panel discussion at Yale on March 2. Titled “China and the U.S. — Dual Engines of Global Growth,” the event was hosted by China Economic Forum (CEF), a Yale student organization.

Jeffrey Sonnenfeld, senior associate dean for executive programs and the Lester Crown Professor in the Practice of Management at the Yale School of Management (Yale SOM), delivered opening remarks at the panel discussion, which was moderated by Peter Schott, professor of economics at Yale SOM. (more…)

Read More

UK’s Most Confident and Successful Corporate Managers Live Abroad During Their Formative Years, New Research Reveals

Corporate managers widely exposed to more than one culture during their formative years (up until 23 years of age) are more likely to be confident taking difficult and risky decisions, such as acquisitions, new research from the University of Exeter Business School reveals.

The study looked at over 2,000 acquisition decisions taken by board members at 561 UK listed companies, and found that managers who live or study in cultures other than their own more readily take difficult strategic decisions such as deciding to acquire foreign companies.

Co-author, Grzegorz Trojanowski, Associate Professor in Finance at the University of Exeter Business School says corporate managers with wide exposure to different cultures tend to see doing business in foreign countries as providing great opportunities, and they expect to get a positive result from their business activities in these markets. (more…)

Read More