LEADERSHIP, STEWARDSHIP - Nyenrode Business Universiteit
Transcription
LEADERSHIP, STEWARDSHIP - Nyenrode Business Universiteit
NYENRODE INTERNATIONAL 2015 LLEE A AD D E R S H I P, EENNTTRREEPPRREENNEEUURRSSHHI P, I P, SS T E W A R D S H I P L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P INDE X VOLUME 1, 2015 P R E FACE | 05 ............................................................... Prof. Dr. Miša Džoljić Rector Magnificus ..................................................................................... CHAPTER 4 I N T E R N A T I O N A L N E T WO R K | 56 ..................................................................................... Bangladesh Trade & Investment Project 56 CEO Tata Consultancy Services receives 59 honorary doctorates Remarkable honorary doctors 59 ............................................................... International Contacts South Africa 60 Prof. Dr. Arie Buijs IN T R ODU CTI ON | 07 Nyenrode Europe China Institute 62 ............................................................... Nyenrode Europe India Institute 63 Private Label Manufacturers Association 64 64 Prof. Dr. Dennis Vink Becoming a warrior for the human spirit Chairman International Council Margaret Wheatley Nyenrode Business Universiteit Eastern and Western strategies 65 Prof. Dr. Bob de Wit The Portland Experience 66 ..................................................................................... The Silicon Valley Experience 67 West meets East 68 CHAPTER 1 IN T E R N ATI ON AL TAL EN T | 08 The Future of Latin America 69 ..................................................................................... Dutch Accounting Professionals 71 and Regulators Partner for International Talent 09 Capgemini Paris Corporate University 72 Business Games and Competitions 12 International MBA Weekend 18 Visit London Produce Show and Conference 18 Scholarships 19 ..................................................................................... Nyenrode Oregon Scholarship Challenge20 MBA Student Hugo Veldhuizen - 21 CHAPTER 5 | 74 ACADE MIC COMMUNIT Y From ‘good’ to ‘great’ ..................................................................................... MBA Road Show 22 Nyenrode International Visits 24 Bangladesh NUFFIC: Dedication to Stewardship 75 Nyenrode MBA Challenge 26 My Experience at Nyenrode 76 Study Group Nyenrode Partnership 28 Thomas Lee Boam, Ph.D. EU Mobility Program 28 The Spirit of Nyenrode 77 Glen Schmidt, Ph.D International Research & Teaching Experience 78 Prof. Dr. Bo van der Rhee Publication in Oxford Handbook Offshoring 79 ..................................................................................... and Global Employment Prof. Dr. Désirée van Gorp CHAPTER 2 A LUMNI | 30 ..................................................................................... Book ‘Understanding Cross-Cultural 79 Management’ Nyenrode Alumni VCV 31 Marie-Joëlle Browaeys MA Management Team 33 Creating Competitive Advantage in 81 Goudhaantjes Award 2014 Western Europe Frank van Wezel 34 Prof. Dr. Henry Robben Arjan Dijk 35 On Top of the World 82 Albert van Servellen 38 Prof. Dr. Dennis Vink Nynke Doorenbos 39 ICGN Academic Meeting 2014 84 Arthur Gopak 40 Academic and Practical Research at the 85 Gintare Galvanauskaite 41 Nyenrode Europe China Institute Remarkable Alumni 41 ABIS Colloquium 2013 Science without Borders 86 Dr. Anne-Marie Kruis Talent Management & Leadership 88 ..................................................................................... Prof. Dr. Lidewey van der Sluis Family Businesses & Ownership 89 CHAPTER 3 I N T E R N A T I O N A L O U T R E AC H | 44 Dr. Marta Berent-Braun ..................................................................................... European Finance Conference 2015 90 to be Hosted by Nyenrode Internationalization for optimal impact 45 Auditing in an International Perspective 92 New Board Program 46 Dr. Joost van Buuren RA Collaboration with Renmin University of China 47 Book ‘Lessons from Buurtzorg Nederland’ 93 Collaboration with SHRCA 50 Dr. Sharda Nandram International MBA immersion Module 50 Book ‘Lean IT Partnering’ 94 Immersion Module South Africa 51 Prof. Dr. Han van der Zee NNBS Chinese Immersion Study Trip 53 NNBS India Immersion Study Trip and India 54 Round Table 2 NYENRODE INTERNATIONAL YEARBOOK 2015 30 56 Alumni International Network PREPRESS Utem oc te, Bit. Nihilic iempra. Utem oc te, Bit. Nihilic 44 08 International Outreach International Talent 74 Academic Community THIS BROCHURE USES LAYAR. DOWNLOAD THE FREE LAYAR APP, FIND THIS SYMBOL AND SCAN THE PAGE. Nyenrode International 3 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P I N T ER NAT IONA L University Board (from left to right): Prof. Dr. Leen Paape RA RO CIA (Dean), Prof. Dr. Miša Džoljic ´ (Rector Magnificus & Chairman) & Remmelt Vetkamp MSc (Financial Director) NYENRODE. A REWARD FOR LIFE 4 04 NYENRODE INTERNATIONAL YEARBOOK 2015 PR EFAC E Prof. Dr. Miša Džoljic, Rector Magnificus Nyenrode Business Universiteit has always placed a main focus on serving the international community. As early as 1946, our founding fathers, KLM, Shell, Unilever, Philips and Akzo, formulated the Nyenrode reason-to-be as developing “new business leaders who are action inclined and internationally oriented”. These companies, all of which have continued to call the world their home, could not have conceived Nyenrode in any other way but with an international outlook. As an organization, Nyenrode remains committed to the larger international community by acting as a catalyst for companies, entrepreneurs, executives, managers and professionals in the Netherlands and abroad. We also remain committed to Nyenrode’s trinity of Leadership, Entrepreneurship and Stewardship; we recognize that leadership and entrepreneurship can only be of value in business and society when they are accompanied by a true sense of responsibility towards people and planet. We strive to be a high-quality, trend-setting and entrepreneurial university: a seat of learning that combines academic rigor with practical relevance and that continues to produce successful entrepreneurs and leaders in business as well as related professions. Our vision is to become a preferred partner of internationally focused students and organizations, to rank among the top twenty European education and research communities, and to operate as a member of a global network of top business and finance schools. NYENRODE INTERNATIONAL 2015 The publication of the Nyenrode International 2015 yearbook is a perfect opportunity to celebrate our achievements. Prof. Dr. Miša Džoljić , Rector Magnificus Nyenrode International 5 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 06 6 NYENRODE INTERNATIONAL YEARBOOK 2015 I N T RODUC T ION Prof. Dr. Dennis Vink Chairman International Council Nyenrode Business Universiteit NYENRODE INTERNATIONAL 2015 Launching a new tradition, Nyenrode is proud to present the university’s first edition of the Nyenrode International yearbook This yearbook highlights the many successful efforts international projects involving our highly active group we have made to internationalize our university and of Nyenrode alumni, who continue to offer invaluable our curriculum. From the outset, we have invited all contributions to Nyenrode’s education programs and parties involved with Nyenrode to contribute to this who act as inspirational examples and pathfinders for internationalization process: students and alumni, students envisaging an international career. partners and client companies, faculty, staff and other Other projects highlighted in this book concern formal stakeholders. Considering the strong bonds that have collaborations with universities in China, India, South always existed between Nyenrodians and our partners Africa, America and the UK. We mention our strongly outside the university, it came as no surprise that many developed international networks that have enabled responded to our call with great enthusiasm. us to design many stimulating exchange programs for In today’s global economy, one of the best moves for the benefit of our own academic community as well as business and academia alike involves opening up for visiting students and faculty. Finally, we highlight new markets and increasing foreign exposure. This international meetings, conferences, joint academic is essential for continued development and growth, research and international publications resulting from not only from a commercial point of view but also our work. from a personal perspective. Fruitful international In the realm of business and in academic education and collaboration is an enrichment in the widest sense research, today’s world knows no borders. The programs of the term. For Nyenrode Business Universiteit, it listed in this yearbook bear witness to this fact. We look means an enhancement of our core values: Leadership, forward to continuing our international efforts and Entrepreneurship and Stewardship. expanding our exchanges, both at home and abroad. This yearbook showcases Nyenrode’s international activities. These include special programs for students I sincerely hope that our international community who benefit from business competitions, dedicated will continue to thrive. study visits and scholarships. Activities also include NYENRODE. A REWARD FOR LIFE Nyenrode International 7 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 08 I N T ER NAT IONA L TA L EN T For the benefit of students as well as the national and international business communities in which they will operate, Nyenrode strives to generate and disseminate knowledge, to develop and spread innovative ideas, and to deliver sustainable, top-quality leaders and entrepreneurs. This means that all of our degree programs combine academic rigor and practical relevance, and we offer our students all the skills, knowledge and networks that they need to boost their career. Whether they study to obtain a Bachelor’s degree in Business Administration at the Nyenrode New Business School in Amsterdam or whether they are enrolled in the MSc program in Management or the International MBA program in Breukelen, all our degree students work on a range of projects and initiatives throughout the academic year. This is done in close cooperation with representatives from the business community and the European Union, be it in the form of introductory exchanges and business games or mobility programs and scholarships. Each of these activities offers a key contribution to the widely acclaimed Nyenrode Experience. 8 NYENRODE INTERNATIONAL YEARBOOK 2015 PARTNER FOR INTERNATIONAL TALENT Willem van Donge Head Career and Personal Development Nyenrode actively assists international talents and their career perspectives by connecting with corporate companies to meet and work together. Our university is recruiters and learning more about companies operating in proud to have attracted many of these talents; when it different sectors. In turn, the Career Event is an excellent comes to achieving commercial success, diversity is an opportunity for our guest companies to learn more about important factor. Next to providing a state-of-the-art Nyenrode and its talents. curriculum taught by top-notch professors, a second strong point is Nyenrode’s interconnectedness with the business community, with many different companies actively participating in our curriculum. To mention an example: one particular assignment that students have to complete involves solving real-life business cases Javier Arias, MBA, and Yoony Kim, MBA International Marketing & Communications for various commercial companies, ranging from IBM to Philips and from FrieslandCampina to Shell and DSM. Another of Nyenrode’s distinguishing features is our very active Career and Personal Development Department. Starting in October 2014, members of the Nyenrode This department not only helps students answer questions community embarked on a number of international visits such as ‘what I am good at?’ or ‘what would be a fulfilling to a series of key markets with the purpose of enhancing career?’, but it also helps them to make their dreams Nyenrode’s international awareness and its networks. come true, for instance by providing them with the right This was done through information sessions, seminars connections and by actively recommending students to and content-driven events, by connecting with our companies. At the same time, we wish to be a partner potential students and reconnecting with our alumni, and in the recruitment of international talent for companies by establishing collaboration projects with local entities that run diversity programs. With their skills and talents, (business, academia and government), for example our international graduates introduce cultural diversity through joint research, student placements and sharing into the companies that will employ them. To establish knowledge and expertise. These international visits took fruitful connections between our students and corporate Nyenrode to countries such as Germany, Austria, Poland, life, we operate in many different ways. One example South Korea, Indonesia, Japan, China, Taiwan, Mexico is the yearly Nyenrode Career Event. During this event, and Brazil. Some of the activities that took place during renowned companies gather on the Nyenrode estate these visits included meetings with local universities, to bring their business communities and Nyenrode’s participating in recruitment events, holding content- students closer together. These companies play a major driven activities in cooperation with Nuffic Neso offices role: they actively participate in a series of interviews, in the selected markets, connecting with business and presentations and workshops. Participants from various government via local representations of the Kingdom of Nyenrode degree programs join this event to expand the Netherlands, and much more. Nyenrode International 9 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NAT IONA L I T Y the blue countries indicate the countries of origin of current students Russian Russian Belgian Belgian Spanish Spanish Swedish Swedish Afghan Italian Albanian Jordanian Armenian Kazakhstani American citizen Kenyan American national Lithuanian Azerbaijani Mexican Belgian Moldovan Bolivian Moroccan Bosnian-Herzegovinian Nigerian (Federal Republic Brazilian of Nigeria) British citizen Pakistani Bulgarian Polish Burmese Portuguese Canadian Republic of Macedonia Chilean Peruvian Chinese Romanian Colombian Russian Croatian Slovak Danish South African Dutch South Korean (Republic Egyptian of Korea) French Spanish German Surinamese Greek Swedish Indian Thai Indonesian Turkish Iranian Ukrainian Iraqi Uruguayan Irish Vietnamese Israeli 10 NYENRODE INTERNATIONAL YEARBOOK 2015 C U R R EN T S T U DEN T S NYENRODE. A REWARD FOR LIFE Nyenrode International 11 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NYENRODE INTERNATIONAL 2015 Business Games and Competitions business game st. gallen On April 25 and 26, 2014, two students from the Nyenrode MSc in Management 22 program (Yechuan Hu and Rehan Ahmed) participated in the Business Game held in St. Gallen, Switzerland. This two-day business game welcomed 100 students from 31 different nationalities who had to tackle a hands-on company business case and develop practical solutions for a total of four challenges organized by Unilever, BDO Switzerland, Swarovski and Bâloise. For Yechuan Hu, the business game was an eye-opening experience: “I believe this kind of experience is extremely helpful for my future career and business life. It is also an inspiring opportunity to get to know top business students from all over Europe. It clearly gave me a benchmark impression of the top European business universities and it has encouraged me to study even harder and improve my skills. Especially my experience with the group work and committee projects that I was involved in at Nyenrode helped me while solving the business cases together with people from different business universities.” 12 NYENRODE INTERNATIONAL YEARBOOK 2015 Solvay Business Game Since 2007, the Solvay Brussels School of Economics and Management has hosted an annual real-life business my view, this type of experience is incredibly useful for an competition: the Solvay Business Game. With 400 international business student. My assessment is based participants, selected from well over 1,600 applicants on two considerations. Firstly, you are able to see, first- hailing from all corners of the world, it is the largest hand, the level of business students from universities all business game held in Europe. Valeria Dinershteyn over Europe and you can compare your own skills with (MSc in Management 22) and Arthur Gopak (MSc in their abilities and knowledge. Secondly, by performing Management 21) participated in the event. Valeria well and remaining approachable and amicable, you can Dinershteyn: “The game was organized exclusively by convey a strong positive impression of what it takes to be students from the Solvay Business School in Brussels. a true ‘Nyenrodian’. And I must not forget to mention the It lasted for two and a half days and included demanding exposure to the talent hunters, recruiters and company challenges in the fields of marketing, strategy, representatives who are gathered there and who are negotiation and finance. All in all, 200 participants, on the constant look-out for fresh talent. It was a great selected during numerous preliminary selection rounds, honor for me to work together with the brightest young put their heads together in groups of four or six people in business minds in Europe. In my opinion, the experience order to tackle the tasks to the best of their abilities. In was a perfect addition to our studies at Nyenrode.” >> Nyenrode International 13 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P SOLVAY Business Games 14 NYENRODE INTERNATIONAL YEARBOOK 2015 15 L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P REMAINING TIME 00:07:48 Nyenrode International 15 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P International Case Competition MBA Montreal NYENRODE INTERNATIONAL 2015 The John Molson MBA International Case Competition is represented by students Ruud Schreijer, Tom Bouma, a not-for-profit event organized by a team of four MBA Martijn de Ruijter and Maud Best: “This competition was students from the John Molson School of Business at a major challenge, but it was highly fulfilling. In addition, Concordia University in Montreal, Canada. we thoroughly enjoyed our visit to the city itself and The competition is open to top business schools to the Nyenrode alumni residing in Montreal. Without worldwide and is recognized as the largest competition their enthusiastic response and kind support, we would of its kind. Its main purpose is to bridge the gap between definitely have had a tough time in the competition and corporate and academic worlds, which ultimately we would not have appreciated the experience as much enriches students and executives alike. Nyenrode was as we have.” 16 NYENRODE INTERNATIONAL YEARBOOK 2015 17 Nyenrode International 17 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 18 International MBA Weekend The MBA Weekend is an opportunity for students to learn and appreciate why Nyenrode students live business, lead business and love business. Weekend events are organized three to four times a year, and each of these welcomes 30 to 40 potential students from the Netherlands and abroad. During these weekends, students follow lectures offered by Nyenrode professors, participate in workshops with our leadership experts, attend joint meetings with students and alumni and receive all the attention they need from Nyenrode’s staff. From February 7 to 9, 2014, during one of Nyenrode’s MBA Weekends, we were honored to welcome Ms. XiaoQian Ma from the leading Chinese media channel Sohu.com. During her visit, Ms. Ma had the opportunity to enjoy our estate and have interviews with different members of the Nyenrode community, including students, alumni, faculty and staff. At the same time, she was given a taste of life at Nyenrode and she attended talk shows featuring alumni from our International and Executive MBA programs. 18 Visit London Produce Show and Conference Nyenrode’s Professor of Marketing Henry Robben was invited to deliver a keynote address at The London Produce Show and Conference, held from June 4 to 6, 2014. This event was the first of its kind to be staged in the UK for the fresh fruit, vegetable and flower industries. The exhibition welcomed trade exhibitors and a wide range of produce buyers from the retail, foodservice and wholesale sectors, who were given the opportunity to mingle and create new business. Henry Robben presented a general picture of how companies will not survive in the market unless they have competitive advantages that make them more relevant for customers. Eight Nyenrode students were selected to accompany him and visit the event for networking purposes. NYENRODE INTERNATIONAL YEARBOOK 2015 Scholarships nyenrode scholarships The Nyenrode Fund (or ‘Stichting Nyenrode Fonds’ in Dutch) helps alumni to sponsor students who otherwise would not have the financial means to study at Nyenrode, and it also raises funds for investments in the university and the estate. Originating from the Dr. E.B.J. Postma Chair of Entrepreneurship, named after the celebrated Rector who headed Nyenrode from 1950 until 1980, the Nyenrode Fund is run by alumni. revolving scholarships Following a decline in company-sponsored scholarships, Nyenrode decided to launch its own revolving scholarship project. This was done in 2010. Revolving scholarships are financed by alumni (for the benefit of classes, debating societies, year clubs, VCV Circles and individual alumni), and the recipient is expected to repay the scholarship at a later moment. red cross scholarship Nyenrode Business Universiteit takes pride in honoring its commitment to stewardship by offering a qualified candidate from the Red Cross and Red Crescent Movement one full-tuition scholarship (Red Cross Scholarship) for the International MBA program. NGOs are not often represented in MBA classes, even though they play a significant role in affecting businesses. The International Red Cross and Red Crescent Movement is one of the largest globally operating NGOs, and cooperation therefore presents highly promising opportunities for Nyenrode. As a qualified candidate, Ahmad Hallak, current International MBA participant and Red Cross member, won the full-tuition scholarship and started his studies at Nyenrode in 2013: “One of the decisive factors in opting for Nyenrode was the fact that the university has built a strong relationship with many different companies and the Dutch industry sector. This is a wonderful learning experience for Red Cross workers, especially since most of them typically get to work with people from cultures that they are not familiar with.” Nyenrode International 19 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Nyenrode Oregon Scholarship Challenge The Nyenrode Oregon Scholarship Challenge is an exclusive event for talented seniors from the University of Oregon who are interested in continuing their studies in the Master of Science in Management program offered at Nyenrode Business Universiteit. In January 2014, a Nyenrode representative interviewed Scott Salazar, the winner of the Nyenrode Oregon Scholarship Challenge. how are you combining your previous studies at uo with the current msc in management? why would you recommend someone from uo to join nyenrode’s msc in management program? “During my time at the University of Oregon, I studied “I would recommend someone from the UO to join Nyenrode Entrepreneurship because I want to dedicate my life to starting if they want to be pushed academically and socially, and if companies that benefit society. In order to accomplish my they care about aligning themselves with a powerful network dreams, I believe I need to further sharpen my business skills of alumni.” and develop a network of people from all over the world. Studying for the MSc degree in Management allows me to build upon what I learned at the UO while building that network.” what is your expected return on education from the msc in management program? “I expect to form connections that will benefit me what has so far been the most remarkable moment in your msc in management program? professionally and personally for the rest of my life. I believe “That was the moment when Edith Bosch (three-time Olympic also like to see these connections form with the alumni.” the seeds to some of those connections, in my cohort, have already been planted and are beginning to take root. I would Judo medalist) spoke to my cohort. She was very inspirational, full of experience and easy on the eyes. Having Edith as a guest speaker proved to me that Nyenrode has amazing connections to extremely interesting and successful people.” 20 view with layar NYENRODE INTERNATIONAL YEARBOOK 2015 M BA S T U DEN T HUGO V ELDHUIZEN F RO M ‘GOOD’ TO ‘G RE AT’ please present yourself in a tweet. Hugo Veldhuizen is an International MBA student at Nyenrode. In this interview, he shares his international Nyenrode experience. “Navy officer and politician, with a desire to serve. Passionate about making a difference by having a positive influence on my environment.” when did you first consider enrolling in an mba program? “In April 2014, I returned from South Sudan, where I operated for the United Nations. Working within a multicultural setting during a civil war was both challenging and inspiring. I enjoyed the fact that people from different backgrounds and cultures worked together for the greater good. Studying for an International MBA degree helps me to improve my leadership skills, and at the same time I get the chance to work within a multicultural setting, together with my fellow students.” why did you opt for the nyenrode mba program? “Some friends of mine had joined Nyenrode in the past, and they were extremely enthusiastic about this university and the network of Nyenrodians. During the MBA weekend, I gained a very positive impression about the classes, the professors and the beautiful university grounds. At Nyenrode, you can clearly sense an entrepreneurial vibe, something which I find very inspiring.” what is your expected return on education from this mba program? “The International MBA program is designed for people with an academic background and professional experience in a work environment. This means that what we learn here is added to what NYENRODE INTERNATIONAL 2015 we already know. We are offered a chance to improve our leadership skills, and the class environment is a safe place to exchange ideas and experiment with our skills. In other words, we get the chance to develop from ‘good’ to ‘great’.” Nyenrode International 21 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 22 MBA Roadshow On the evening of September 30, 2014, Nyenrode and Love Business. Afterwards, Christo Nel, leadership Business Universiteit kick-started the MBA Road Show, expert and Program Director of the full-time International a series of events held in the Netherlands. Events MBA and part-time Executive MBA programs, chaired a organized within this framework are aimed at introducing session on personal leadership development. This session the business community to relevant content for the included self-analyses and critical assessments in terms personal and professional development of Dutch of the need to develop different leadership capabilities and international talents living and working in the for organizations to remain successful. Participants Netherlands. During a three-hour session organized in the also interacted with several Nyenrode alumni from Amsterdam World Trade Center, talented professionals different MBA programs (full-time International, part- interested in pursuing an MBA education joined Nyenrode time Executive and modular Executive programs), and representatives for an interactive session in which the they enthusiastically shared insights concerning their topic of leadership was given center stage. paths towards selecting and following a Nyenrode MBA Willem van Donge, Head of Nyenrode’s Career and program. Three other editions of the MBA Road Show Personal Development Department, started the session were organized in that year: in The Hague, Rotterdam with a brief introduction of Nyenrode’s programs and and Eindhoven. The MBA Road Show is an initiative of a number of reasons why participants, during their Nyenrode in cooperation with expat communities ‘I am Nyenrode MBA journey, will Live Business, Lead Business Expat’, ‘Together Abroad’ and ‘Expat Center South’. 22 NYENRODE INTERNATIONAL YEARBOOK 2015 “ I acquired sound knowledge that allows me to take more initiative” LEONIE WEBER Modular Executive MBA in Business & IT RUIMTE voor advertentie RETURN ON EDUCATION OF LEONIE WATCH WWW.NYENRODE.NL/LEONIE NYENRODE. A REWARD FOR LIFE Nyenrode International 23 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Nyenrode International Visits International visits have long been part of Nyenrode’s international outlook, with destinations including countries such as South Korea, Indonesia, Japan, China, Austria and Germany. 24 NYENRODE INTERNATIONAL YEARBOOK 2015 25 NYENRODE INTERNATIONAL 2015 At the end of October 2014, Nyenrode representatives i Nauki (Palace for Culture and Science). Nyenrode had travelled to Warsaw, Poland, for a number of program- the opportunity to meet with potential students and specific activities (full-time MSc in Management). The to explore their interest in our university. The trip also trip’s main purpose was not only to reach out to the included a visit to the Dutch Embassy in Warsaw. During country itself and to obtain a better insight into the this visit, Dutch Embassy representatives shared their Polish market, but also to enhance Nyenrode’s presence knowledge about cultural differences and about the via relationship building efforts, for instance with Polish economy. One of their insights concerned the government, business entities and educational parties. positive impression that the Polish community has of the On October 28, 2014, Nyenrode participated in the Netherlands and students’ wishes to pursue a university Master and More event held in Warsaw’s Palac Kultury degree in our country. Nyenrode International 25 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Nyenrode MBA Challenge Each year, Nyenrode Business Universiteit invites potential students to join its global business challenge and to compete for one of five revolving scholarships for the International MBA program. Students from all over the world with at least a Bachelor’s degree and a minimum of three years of working experience are eligible to join the Challenge. In 2014, as many as 1,465 participants signed up. view with layar Meis Salameh, Syria, Winner of IMBA Challenge 2012 “The moment I received an e-mail from Nyenrode Business Universiteit saying ‘Dear Meis Salameh, Congratulations! You are one of the three IMBA challenge winners for a full-time IMBA scholarship’ was one of the most important moments in my life.” 26 NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE. A REWARD FOR LIFE The Challenge During the Challenge, participants have to review their business mentality and assess whether they are ready for an International MBA program. A maximum of 80 finalists are invited to showcase their motivation and business skills during an online video session with Nyenrode students, alumni, faculty, staff and all the other finalists. Contestants get the Andreea Bulisache, Romania, Winner of IMBA Challenge 2012 “The Nyenrode IMBA Challenge was an amazing experience, and it gave me a good impression of Nyenrode’s MBA program: intense, innovative and inherently international.” opportunity to discuss an earlier received business case before a panel of three Nyenrode judges. Nyenrode International 27 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P EU Mobility program Study Group Nyenrode Partnership Nyenrode participates in Erasmus+, the European With over 50,000 students per year from more Union’s new mobility program for students and than 130 countries, Nyenrode’s Study Group is the staff from educational institutes. The program world’s leading foundation and language course aims to promote international cooperation provider. The Study Group enables students to through enhancing student and staff mobility. realize their dreams by offering progression to well Launched in 2014 and due to continue until 2020, over 100 universities across the globe. it follows the Erasmus Life Long Learning project In 2012, Nyenrode became the launching partner that ran from 2007 until 2013. In the academic for the Study Group in the Netherlands, after year 2013-2014 and as part of the Erasmus Life signing a partnership that allowed the opening of Long Learning mobility program, 53 students an International Study Center (ISC) on Nyenrode’s from the Nyenrode New Business School spent a campus in Breukelen. period of four months studying at Westminster University in London. The Centre’s Dutch branch is run by Arnold Persoon, who operated as Nyenrode’s Director of Marketing and Communications before joining the Study Group. As he puts it: “The Holland International Study Centre prepares international students for studying in the Netherlands by offering English and academic programs that allow students to meet the entry requirements of leading Dutch Universities. As a launching partner, Nyenrode has effectively become the central hub in the internationalization activities of these institutions.” In 2012, Holland ISC played host to over 40 students from Oman and Thailand. Activities took place on the campus in Breukelen, and in 2013 the Centre moved to the Nyenrode New Business School premises in Amsterdam. The Centre currently caters to 81 students from 16 different countries, who will progress to partner institutions after they will have successfully completed the program in July 2015. 28 NYENRODE INTERNATIONAL YEARBOOK 2015 29 Nyenrode International 29 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P A LU MN I L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 30 30 NYENRODE INTERNATIONAL YEARBOOK 2015 Nyenrode Alumni VCV Internationalization as a Key Feature for VCV Housed on the Nyenrode estate, the Nyenrode Alumni Voortgezette Compagnie van Verre (NA VCV) has always distinguished itself from other alumni associations. It is the largest and most closely-knit alumni association in the Netherlands, and it is an independent association with its own statutes and finances. Moreover, and in contrast with other associations, it was set up exclusively as a networking community rather than an association focused on raising funds for the university via its alumni. Since NA VCV’s inception, membership has grown steadily; in September 2014, the Association had as many as 5,757 alumni operating in 92 countries all over the globe. Although their backgrounds are highly varied, all alumni have one thing in common: their stories are exemplary. simone redelé-daniëls, na vcv Our alumni, Dutch nationals and internationals, operate in the Netherlands as well as abroad. This is why all publications issued by NA VCV are bilingual, so that we can serve our alumni across the world in the best possible way. To fund the bilingual publication of our Alumni Magazine ‘Van Verre’, we have made extra investments. Internationalization has long been one of NA VCV’s key focus points; during our most recent Refreshment Day, attended by former European Commissioner and Nyenrode President Ms. Neelie Kroes, we arranged for an interpreter to make sure that our international members would not miss a single thing. NA VCV has a number of special circles and groups whose members convene on a regular basis to discuss various different issues and themes. In the Netherlands, for example, we have a dedicated and active NA VCV Internationals Circle that offers all expats the opportunity to get together and talk about Nyenrode International 31 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 32 L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P substantive topics. In addition, we have a large number of similar circles operating all over the world through which Nyenrode alumni can stay in touch with the university and each other. It goes without saying that with the continued internationalization of Nyenrode Business Universiteit, our own alumni association continues to grow, too. For current Nyenrode students planning to go abroad on study trips, for instance, we regularly organize special events so that they can meet with alumni who are active in the country they plan to visit. If requested, we also set up initial contacts. Conversely, for the benefit or our alumni we regularly organize events called ‘homecomings’. It is always a very special experience to see that alumni from all over the world with a Nyenrode background that may date back to as far as 1946 are always prepared and willing to return to their Alma Mater. In this way, we can keep our international NA VCV network actively involved, strong and vibrant. 32 NYENRODE INTERNATIONAL YEARBOOK 2015 Management Team Goudhaantjes Award 2014 14 NYENRODE ALUMNI OPERATING IN INTERNATIONAL BUSINESS Each year, the Dutch magazine ‘Management Team’ (MT) publishes a list naming 100 top talents below the age of 45 whose careers have shot up like a rocket. These talents are awarded the title Goudhaantjes or goldcrests, also known as the ‘king of the birds’. According to the magazine, these people are true gems, and they are knocking at the doors of many international boardrooms all over the world. MT’s list of top talents includes no fewer than fourteen Nyenrode alumni. Maartje Bouvy Rituals CFO Fleur Dujardin DeltaLloyd, Director Marketing & Strategy Hans van Geloven Addax Petroleum Shell Senior Vice President Finance Lidewij de Haas Arcadis, Director Client Development Eelco Hoekstra Vopak CEO Jeroen Ekkel Brunel COO Europe Mark Giesbers Liberty Global VP video products Annemiek van Melick SNS Bank CFO Steven van Nieuwenhuijzen TUI CCO Benelux Deputy CEO NL Louise van Nispen Sanoma, Domain Director Women Lena Olivier LinkedIn Business Leader NL Joost Ravoo NS Business Director Daniëlle Schuur KPN CCO Corporate Market Marjolein Slappendel ING Global Credit Restructuring Nyenrode International 33 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P turning your own company into a success “After I had worked for the English branch of the Kenian company for approximately six months, I decided to set up my own business. This was when I realized that Europe was a favorable place for doing business and that you can just as easily become successful with your own firm. Still, what I needed was a product. I then noticed that everybody at my squash club kept complaining about their shoes, and I concluded that the English apparently needed shoes for playing squash that were better than the products on offer at the time. I started researching how shoes are made and subsequently developed a new type myself. It became very popular, and the rest is history: today, as many as forty A LU M N US years later, our product range still contains exactly the Frank van Wezel international success same shoe in exactly the same color. I believe we have so far sold 20 million pairs of these shoes.” Active in 85 Countries “Later, we expanded our product range by manufacturing tennis shoes, basketball shoes and other shoes. In 1988, the company was listed on the London Stock Exchange. Alumnus Frank van Wezel was a student at With the funds we managed to raise, we were able to Nyenrode from 1958-1960, when the university venture abroad and internationalize the company. In 2001, still carried the name ‘Nederlands Opleidings- we decided to delist the company, because we felt that the Instituut voor het Buitenland’ (Dutch training listing had started to hamper growth. Hi-Tec has existed institute for foreign enterprise NOIB). In 1974, for forty years, and it has grown considerably. We currently Frank van Wezel launched Hi-Tec, a company operate in 85 countries and generate a total turnover of manufacturing sports shoes. In his own words: approximately 250 million US dollars.” “At the time, I was the youngest of all the students in my NOIB group, and this is why I the foundations was selected for a one-year scholarship funded by Philips to study at the London School of “I can honestly say that I owe everything to Nyenrode. Economics. The only condition was that I had to Nyenrode taught me how to operate in a group and it spend my mornings as an apprentice working showed me that you do not necessarily have to become a for Philips. During my stay in London, I was specialist in certain fields in order to become a successful able to build an effective network, thanks to entrepreneur. As long as you pick up enough about each which I could follow the same strategy one year of the many facets of entrepreneurship, you will be able to later, when I moved to Paris to continue my continue your own development right where it all happens: education. After my military service days, spent on your own company’s shop floor. Things will turn out all with the Dutch Air Force, I worked in Kenia for right. Nyenrode offers you the foundations you need to a period of ten years, operating for a company get started in business, such as learning other languages, that produced artificial fertilizer. In 1974, I was acquiring knowledge about laws and regulations and transferred to England.” collecting the tools you need to obtain and maintain your position in society.” 34 NYENRODE INTERNATIONAL YEARBOOK 2015 returning the favour “Because I owe so much to Nyenrode, I gladly return the favor through my managerial work for the Nyenrode Fund, Stichting Nyenrode and Nyenrode New Business School.” A LU M N US how did your international career develop after your graduation from nyenrode business universiteit? Arjan Dijk Vice President Marketing Google Inc “One of the key reasons for me to opt for Nyenrode was its highly international and entrepreneurial outlook. At the time, in the context of the 1980s, very few academic institutions demonstrated this outlook. My BBA degree from Nyenrode proved to be an excellent foundation for my later international career; it has taken me from working in several European countries to working in Silicon Valley in the USA, where my global role involves the management of teams in more than 43 countries, thus impacting millions of users across the world.” in what way has nyenrode contributed to your development? “Nyenrode provided me with this wonderful foundation that has made me very much aware of what it means to work across countries and cultures. With increased globalization, today’s world has clearly become much ‘smaller’ than it was 25 years ago, but the reality remains that doing business in Japan is a completely different thing from doing business in Brazil, for instance. To be effective, one needs to adapt cross-culturally. I vividly remember the cross-cultural (language) training course that has truly helped me in becoming successful, especially in the early LLEEAAD DEERRSSH HIIP, P, EENNTTRREEPPRREENNEEUURRSSHHI P, I P, SSTTEEW WA ARRD DSSH HII PP stages of my career.” Nyenrode International 35 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P A LU M N I the blue pins display the number of alumni in that particular country Russian Russian Belgian Belgian Spanish Spanish Swedish Swedish 1 50 Albania 1 Argentina 18 Aruba 5 Australia 40 Austria 13 Bahrain 1 Belgium 233 Bermuda 1 Bonaire, Saint Eustatius and Saba 1 Bosnia and Herzegovina 1 Botswana 2 Bouvet Island 1 Brazil 15 Bulgaria 1 Cameroon 2 Canada 50 Chile 3 China 57 Colombia 3 Côte d’Ivoire 1 Cuba 1 Curaçao 27 Czech Republic 6 Denmark 8 Dominican Republic 1 Ecuador 2 Egypt 3 El Salvador 1 Estonia 5 Ethiopia 1 Finland 5 France 94 Georgia 1 Germany 164 Ghana 10 Gibraltar 1 Greece 5 Guatemala 1 Guinea-Bissau 1 Haiti 1 Hong Kong 17 Hungary 4 Iceland 1 India 45 Indonesia 28 Ireland 3 Israel 6 Italy 27 Japan 19 Jordan 1 36 Kazakhstan 1 Kenya 5 Korea, Republic of 2 Kuwait 1 Latvia 4 Luxembourg 7 Macedonia, the former Yugoslav Republic of 1 Malaysia 7 Mali 1 Malta 2 Mexico 4 Moldova, Republic of 1 Monaco 9 Montenegro 1 Mozambique 2 Namibia 1 Netherlands 13152 New Zealand 13 Nicaragua 1 Nigeria 1 Norway 11 Oman 2 Paraguay 2 Peru 5 Philippines 7 Poland 9 Portugal 10 Romania 8 Russian Federation 12 Saudi Arabia 3 Serbia 2 Singapore 21 Sint Maarten 1 Slovenia 2 South Africa 56 Spain 77 Sri Lanka 2 Suriname 2 Sweden 17 Switzerland 96 Taiwan 12 Tanzania, United Republic of 2 Thailand 13 Turkey 3 Uganda 1 Ukraine 5 United Arab Emirates 6 United Kingdom 170 United States 360 Uruguay 2 360 4 1 1 1 2 1 1 1 1 1 527 1 3 2 2 5 15 2 18 3 18 2 NYENRODE INTERNATIONAL YEARBOOK 2015 ALUMNI LIVING ABROAD 12 5 17 11 1? 5 170 3 13152 8 233 1 7 94 2 10 4 9 164 1 5 6 1 96 8 40 2 4 27 1 9 1 1 12 1 5 2 2 19 2 3 57 6 1 3 1 1 1 3 6 2 45 17 1 12 13 7 1 1O 1 1 2 1 5 2 7 21 28 2 2 1 2 40 56 13 Nyenrode International 37 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 38 fifty A LU M N US Albert van Servellen AFNU Board Member “In October 2014, my class got together in Amsterdam to celebrate our fiftieth annual reunion. Our 1964 graduating class counted about 200 students, fifty of whom attended our fiftieth reunion. Many of them had flown in from overseas. During our meeting, we talked about the things we learned at Nyenrode and - now a bit older and wiser - reflected on what we felt were the most important experiences of our stay in Breukelen. For those who had stayed in Europe, campus life proved to have been most About three years ago, a number of American memorable and valuable. Living and studying together was and Dutch alumni founded American Friends a continuous, but extremely positive challenge. The ups of Nyenrode University Inc (AFNU). Albert van and downs of campus life taught students how to get along Servellen - then already serving as Nyenrode with people they would otherwise prefer to avoid.” ambassador on the west coast - joined the AFNU board and has been active on many exchange program with the u.s. fronts. Albert attended Nyenrode in 19641965 when the university was still known as “For those who, like me, moved to America, it was the Nederlands Opleidings-Instituut voor het Nyenrode who gave us the life-changing opportunity to Buitenland, or NOIB. continue our studies in the US. Along with 14-15 others, I participated in the Nyenrode - University of Oregon “At the time, Nyenrode was an intensive two- Exchange Program which allowed me to earn my Bachelor’s year business program. The class of 1964 also degree in business administration within one year. After included a group of graduates from technical doing my military service in the Netherlands, I returned colleges doing a one-year Commercial/ to Oregon and earned my MBA degree. And then decided Technical study and a group of American to stay in the U.S. My generation of Nyenrodians were and other international students enrolled very fortunate to benefit from Nyenrode’s pioneering role in an English-language business program. in business education in Europe and Nyenrode’s strong Altogether, a very diverse and talented group.” encouragement to make the move to America. That’s why I enjoy being involved with AFNU through which we very much like to assist today’s generation of students to experience the broadest academic experience, in the Netherlands and elsewhere”. 38 NYENRODE INTERNATIONAL YEARBOOK 2015 how did your international career develop after your graduation from nyenrode business universiteit? “There is no doubt in my mind: without my MBA, I would not have been appointed to the position I currently hold with a global ESG research firm. Even though the MBA program that I followed was a general one covering hard business skills, considerable attention was paid throughout the program to the development of what is known as ‘soft skills’ such as leadership skills, team building skills, communication skills and cultural awareness. Subjects like Business Ethics have been instrumental in my later career, even though I was not aware of their importance at the time. My program demonstrated a highly effective balance between classical academic discipline and interpersonal skills development with an international flavor.” A LU M N A Nynke Doorenbos MBA Global Director, HR, Legal and Operations Sustainalytics in what way has nyenrode contributed to your development? “During my MBA studies, I experienced the power of stepping out of your comfort zone to a place where true further growth lies. I discovered that I was capable of so much more if I just dug in, focused and did the work. I have learned that this applies to everything in life. Nyenrode really put us to the test, but it also created a dedicated environment and guided team dynamics. This was done in such a way that you were enabled to succeed. I studied hard to obtain my degree, and this has boosted my confidence levels; and as we all know, a mind once stretched will never return to its original form. These days, I am on a constant search for new challenges, be it through participating in car rallies through Africa or Central Asia, climbing Mt. Kilimanjaro or accepting the global leadership role that was offered to me only five months after I had started working for my current firm, Sustainalytics. All of my experiences have been great experiences, which prior to my Nyenrode days, I would not have LLEEA AD DEERRSSH H II P, P, EENNTTRREEPPRREENNEEUURRSSHHI IP,P, SSTTEE W WA A RR D D SS H H II PP thought possible.” Nyenrode International 39 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P how did your (international) career develop after your graduation from nyenrode business universiteit? “Nyenrode Business Universiiteit has influenced my career tremendously, thanks to the exposure that the MSc program gave me to Nyenrode’s international network of alumni. This network A LU M N US Arthur Gopak MSc, Editor in Chief Founder AlphaGamma consists of very well-known managers and executives in business industries and politics worldwide, and this definitely helps with gathering new insights about any field in which you decide to operate. Since I am interested in the financial markets and investments, being introduced to Nyenrode’s international network allowed me to acquire practical knowledge about the many different aspects of various finance roles and the Arthur Gopak graduated from the Nyenrode specifics of the financial sector, not only in Europe Master of Science in Management program but also beyond its borders.” in 2014 and went on to found www. alphagamma.eu, a portal for Entrepreneurship and Finance. TV Business Expert Mascha in what way has nyenrode contributed to your development? Wright hailed Arthur as one of the most promising entrepreneurs to watch in 2015. “During my stay at Nyenrode, I received all the personal attention and assistance I needed with respect to choosing the right career path, selecting my industry of interest, learning how to prepare my resume and learning how to ace an interview. If I was interested in a particular company, I could learn about its corporate culture by directly approaching an alumnus, and I practically always got a helping response. On an international level, Nyenrode supported me in numerous case competitions and business conferences, which broadened my horizons concerning the latest economic and business developments within the European Union, the Americas and Asia. At the same time, I was given the opportunity to connect with business practitioners and influencers in the financial world.” 40 NYENRODE INTERNATIONAL YEARBOOK 2015 Remarkable Alumni The constantly expanding network of Nyenrode alumni has come to include a wide range of remarkable individuals with strong international expertise and experience, some of whom are mentioned below. Fred Gehring former CEO of Tommy Hilfiger A LU M N A Gintare Galvanauskaite MBA Trade and Investment Officer for the Bangladesh Trade Mission Robert Polet former CEO of Gucci Group Wim Kok former Prime Minister of the Netherlands Jan Kees de Jager former Finance Minister of the Netherlands, CFO KPN why did you choose to study at nyenrode? Dinesh Gunawardena “When searching for my new Alma Mater, I had three Cabinet Minister of Sri Lanka objectives: I wanted a business-oriented university with a strong alumni network and small class sizes. A small Cora van Nieuwenhuizen university from the Netherlands, Nyenrode, ticked all three. Member of the European Parliament I was enchanted about the campus and what the university stood for: ‘for business, by business’, a focus Antony Burgmans on personal development, strong ties with the business former CEO Unilever and founder of the Marine community through the alumni network and the professors. Stewardship Council (MSC) Seeing how much I changed during the year at Nyenrode, I am very happy with my decision to come here.” Kees de Kluyver Dean of Lundquist College of Business in what way has nyenrode contributed to your development? (University of Oregon) Jos Nijhuis “Without Nyenrode, I wouldn’t be where I am today and President and CEO Amsterdam Schiphol Airport I will never forget that. Firstly, Nyenrode helped me understand who I am and what I want from life. Secondly, I was Hein Verbruggen exposed to great people from all around the world, many Honorary Member International Olympic of whom have remained my good friends. I received all the Committee tools I needed to achieve anything in life. It is now up to me to use them.” Nyenrode International 41 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P REMARKABLE ALUMNI 42 NYENRODE INTERNATIONAL YEARBOOK 2015 REMARKABLE ALUMNI A LU M N I Nyenrode Alumni VCV NYENRODE INTERNATIONAL 2015 Nyenrode International 43 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 44 I N T ER NAT IONA L OU T R E ACH Nyenrode’s strategy rationale involves engaging our students in doing business in a complex and highly interconnected global environment. This has been ingrained in our DNA as of the university’s inception in 1946. It means that we prepare our students for responding to challenges in the global business environment on the basis of our threepillar concept: Leadership, Entrepreneurship and Stewardship. In close cooperation with our institutional partners in Asia, Africa, the United States and Europe, we are able to offer our students a unique educational experience. Our partners include the University of Oregon – Lundquist College of Business (USA), the University of Stellenbosch Business School (South Africa), S.P. Jain Institute of Management and Research (India), Renmin University (China) and the University of Cambridge Judge Business School (UK). Nyenrode is particularly focused on targeting emerging markets, as these countries are expected make important contributions to future global economic growth. Together with our international partners and a number of (non-profit) organizations operating in their countries, Nyenrode Business Universiteit is developing – or has already designed – a varied number of inspirational modules, programs and educational visits. 44 NYENRODE INTERNATIONAL YEARBOOK 2015 Christo Nel Program Director International and Executive MBA Internationalization for optimal impact and entrepreneurship in another country if they can do the same in the Netherlands. This has led us to design the program in such a way that our students become Christo Nel is the Program Director of Nyenrode’s submerged in a truly different culture and are confronted International and Executive MBA programs. Being from with the differences of those nations that they visit.” South Africa and looking back on a wealth of experience in operating in an international context, Christo emphasizes how much internationalization contributes to the personal Deepening international experience development of students. His words are presented below. “These days, there is definitively a trend showing the “We are working hard on the internationalization of internationalization of studies, especially in business Nyenrode. We have established a strong relationship education programs and more specifically in the MBA with Renmin University in China, and recently a concrete market. Most students want to have experience outside partnership was established with S.P. Jain in Mumbai, of their country. They see that it serves them much better India. January 2015, is set for the introduction of the as soon as they get back to their country. There is also a first group of students holding a postgraduate certificate significant number of students that want to work in the in management that they obtained in India. With this Netherlands or elsewhere in Europe.” certificate, which we acknowledge, they join Nyenrode’s Submerging in a truly different culture full-time International MBA program. In this way, these students can continue their studies at Nyenrode and obtain their degree in an international context. We also closely cooperate with the South African “In business education, international experience and Stellenbosch University, where we take our part-time exposure are of critical importance. For example, until and full-time MBA students. Recently, we started to take recently most international trips organized by business modular MBA participants there as well. Together with schools were optional. Business degree programs tended Stellenbosch, we redesigned the program they offer to to send people to another country just to let them follow Nyenrode students. The South African contexts are now some courses there. Today, that is no longer enough. used much more effectively in the MBA framework, which What is demanded now is immersion in the culture deepens the international experience of the students and the context of the foreign country concerned. At involved. Nyenrode, international trips are an integrated part of In cooperation with Nuffic Neso we are visiting – amongst the MBA curriculum. We want to make sure that these others - Korea, Japan, Mexico, Brazil, Russia and Indonesia trips create optimal impact with our students. For that with the aim to get the Nyenrode brand more firmly reason, we have adapted the Nyenrode Executive MBA established and to work on partnerships with universities program and replaced what used to be an American tour and agents. We constantly strive for optimal international by a trip to China. The economic and social differences diversity in our International MBA program to create the between the Netherlands and the United States were not best learning environment for our students.” prominent enough to create the envisioned impact. It does not help our students to follow subjects such as finance Nyenrode International 45 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P N EW BOA R D PROGR A M International Module in Cambridge With intervals of eighteen months, the NBP’s international module is held at Judge Business School in Cambridge, UK. The New Board Program (NBP) is Nyenrode’s top Topics addressed in this module include the challenges advanced corporate governance program. It inspires and associated with different governance models, operating challenges executives and non-executives to become in international boards and international boardroom well-informed, professional, responsible and effective dynamics. Contributions are made by a number of widely board members in an ever more demanding environment. acclaimed speakers from Cambridge. The module also The NBP focuses on boardroom effectiveness in relation features a number of internationally operating managers to the success or failure of a company or an organization. from the Netherlands, among whom Ben Verwaayen and Boardroom effectiveness is not only about strategy Jacqueline Tammenoms. Operating as the CEO of an and monitoring performance and risks, but also about international company and a Supervisory Director working boardroom dynamics and boardroom competencies. for various well-known international companies (Tesco, Since its start in 2005, more than 120 executives and Fiat and Vivendi), respectively, these two professionals non-executives have successfully completed the NBP. represent their own lines of industry and share their Participants come from listed (internationally-operating) insightful ideas with course participants. The module businesses as well as non-listed (not-for-profit) ends with guest performances by remarkable professors, organizations, and most of them are executive board for example Prof. Ian Robertson, author of ‘The Winner members. About 75% of the participants also hold one or Effect’, and Stewart Wallis, co-founder of the UK-based more non-executive positions. New Economic Foundation. 46 NYENRODE INTERNATIONAL YEARBOOK 2015 Collaboration with Renmin University of China On March 25, 2014, Nyenrode and Renmin University in Beijing signed a Memorandum of Agreement to intensify collaboration between the two universities. Renmin University ranks among China’s top three universities. During the visit to Beijing, Nyenrode’s Associate Dean of Degree Programs Prof. Désirée van Gorp was accompanied by Dr. Wim Kok, the former Prime Minister of the Netherlands and Nyenrode alumnus. Professor Van Gorp was also appointed as Visiting Professor at Renmin University of China. Nyenrode and Renmin University intend to develop exchange programs for MBA and MSc students and alumni from both countries. To underscore the importance of such programs, Nyenrode Executive and International MBA students plan to visit Renmin Business School in June 2015 for a two-week global immersion program. The new MBA module will provide students with a comprehensive overview of one of the world’s largest and fastest growing economies, and it will help them understand the massive changes currently witnessed in global economic systems and relationships. Nyenrode International 47 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 48 NYENRODE INTERNATIONAL YEARBOOK 2015 Nyenrode Business Universiteit and Renmin University of China sign the memorandum of agreement to intensify collaboration. Nyenrode International 49 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P collaboration with shrca On September 9, 2014, Nyenrode Business Universiteit and the Shanghai Human Resources Consulting Association (SHRCA) from China signed a Memorandum of Understanding pledging to start a new academic collaboration project. SHRCA is a non-profit organization established by human resource services-related enterprises and institutions operating in Shanghai. The organization is a leading player in supporting Shanghai’s talent development and its internationalization strategy. As part of this collaboration, SHRCA and Nyenrode will develop a tailormade Executive MBA program for executives in China. Among other things, SHRCA will assist Nyenrode in recruiting MBA students from China, it will provide support for study visits to China, and it will support Nyenrode MBA graduates who are interested in working in China. In addition, SHRCA appointed Prof. Dr. Désirée van Gorp, Nyenrode’s Professor of International Business Strategy, as its advisor and offshoring expert. international mba immersion module Studying together with an internationally diverse group of classmates and instructors is an important part of the Nyenrode MBA program. It enables students to increase their global awareness by looking at the demands and opportunities presented by various different regions that are economically relevant. chinese immersion module Every year, students enrolled in the International MBA program embark on a journey to Asia. Their primary goal is to experience and become acquainted with the dynamics of business activities in different continents in relation to the Western world. In 2014, 24 students visited China. The China module included a journey to Shanghai and visits to multinational companies as well as state-owned and private Chinese companies. The business trip was kicked off by visiting ING Bank’s offices in one of the skyscrapers in the Pudong area. During the visit, Nyenrode alumni Piter De Jong LL.M., Managing Director and Branch Manager at ING Bank Shanghai, Ms. Dan ZHU, Board Member of the European Union Chamber of Commerce in China, Prof. Mark Greeven LL.M., and the IMBA students talked about numerous Shanghai-related business subjects. 50 NYENRODE INTERNATIONAL YEARBOOK 2015 I M M ER SION MODU L E SOU T H A F R IC A The primary goal of the trip to South Africa was to favorable areas in South Africa. This was a once-in-a- become acquainted with the culture and social dynamics lifetime experience which allowed the students to have of the country itself and the entire African continent an open discussion with courageous local entrepreneurs in order to create a better understanding of business aiming for a brighter future. It also offered them a contexts, opportunities and interaction with other chance to exchange ideas and realize that despite the emerging markets as well as with the Western world. The many differences in contexts and conditions, young students visited international companies and mingled entrepreneurs in emerging countries and the Western with local entrepreneurs in Khayelitsha, a township world share many similarities and hold the same visions. located in the City of Cape Town and one of the less Nyenrode International 51 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 52 Stellenbosch Module: "Learn to cross cultural bridges through understanding and by doing business together" - Sander van Loosbroek 52 NYENRODE INTERNATIONAL YEARBOOK 2015 L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NNBS Chinese Immersion Study Trip From November 22 to 30, 2014, 28 NNBS students Investment Group, SHRCA, Randstad, Normstar and the in the foundation year went on a one-week study Dutch consulate in Shanghai. In addition, they attended trip to Shanghai. The group was led by Associate a presentation held by a Dutch expat (corporate lawyer) Professor Jianhong Zhang from Nyenrode’s Center for who has been living in Shanghai for the past eight years. Entrepreneurship and Stewardship together with two The students spent one day at the East China Normal other NNBS lecturers, Sebastiaan van Lunteren and University (ranked number 17 in the list of China’s top Mark Fonseca Rendeiro. The aim of the trip was to universities) where they followed a lecture on the Chinese give students direct exposure to Shanghai’s culture economy and, in pairs, had lunch with Chinese students and business environment as well as a taste of China in the university restaurant. Afterwards, they engaged in general. Students were stimulated to broaden their in various exchange activities such as presentations, horizons and increase their cultural awareness through discussions and games, together with the first-year interaction with students and business people operating students from the university’s Business School. Besides in Shanghai. The students visited a number of companies appreciating the learning activities, the students greatly and organizations, such as Paques, the New Huadu enjoyed the sightseeing spots and the Chinese food. Nyenrode International 53 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NNBS India Immersion Study Trip and India ROUND TABLE 54 NYENRODE INTERNATIONAL YEARBOOK 2015 L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NNBS India Immersion Study Trip and India ROUND TABLE Since its foundation in 2006, the Nyenrode New Business School in Amsterdam (NNBS) has run a special education project as part of its curriculum that is aimed at educating underprivileged children in India and building a goodquality school infrastructure. Together with ROUND TABLE India, NNBS supports a project entitled ‘Freedom Through Education’ (FTE). Within the framework of this project, ROUND TABLE India has so far built 1,800 new schools and 6,000 extra classrooms, as a result of which more than five million underprivileged children can now have an education and face a brighter future. As part of NNBS’s Project Management course, students design, plan and host a special fundraising event to collect money for the Indian FTE project so that new schools can be built or existing ones expanded. The project also includes a one-week study trip to India; the most recent one was organized in November 2014, when 94 students visited a number of leading universities and followed classes on business issues, demographic and economic developments as well as business opportunities to be found in India. In addition, the students paid visits to a number of FTE schools in the region. Nyenrode International 55 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 56 I N T ER NAT IONA L N E T WOR K For Nyenrode, having an international focus and strongly developed international networks is a sine qua non: it is a condition for being relevant to all parties involved with the university, be they stakeholders, students, faculty, educational partners or client organizations. Only a business school with a strong international outlook can attract talented and internationally minded people. In today’s globalizing world, students and business professionals need to be well prepared to become effective members of that global community. Nyenrode’s faculty is ideally equipped for doing just that. Many projects are run in close collaboration with the university’s international networks, be it in the form of stimulation and exchange projects, guest lectures and honorary doctorates, the publication of books and dissertations or dedicated study visits. BANGLADESH Trade & Investment Project The Embassy of the Kingdom of the Netherlands in Dhaka has partnered with Nyenrode in order to stimulate economic relations between the Netherlands and Bangladesh. The Nyenrode part of the project is run by Prof. Désirée van Gorp and her team. With a focus on agri-business, water, logistics and ICT sectors, the years 2013 and 2014 were eventful years for the Bangladesh Trade & Investment Project. As Ambassador to the Netherlands in Bangladesh Gerben de Jong explains: “This project is a seamless fit with the Nyenrode motto ‘for business, by business’. If you want to strengthen the private sector in a country like Bangladesh, then you need to consult the private sector itself on how to do it”. 56 NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE INTERNATIONAL 2015 The project started with the launch of the Netherlands Bangladesh Business Platform, which provides access to economic information and serves as an instrument to boost trade. Four sector studies on agri-business, water, logistics and ICT were published and presented during sector meetings at Nyenrode which were aimed at informing the Dutch business community on the economic, political and social developments in Bangladesh. In the past two years and in cooperation with the Embassy, Nyenrode has organized three trade missions to Dhaka and two trade missions to the Netherlands with the aim to explore business opportunities in the focus industries. Since the start of the partnership in 2012, ten Dutch companies have set up businesses or invested in Bangladesh with direct support or advice from Nyenrode and the Netherlands Embassy. Nyenrode International 57 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 58 58 NYENRODE INTERNATIONAL YEARBOOK 2015 CEO Tata Consultancy Services receives honorary doctorate Remarkable honorary doctors Dr. Abdul Kalam Former President of India (2002-2007) At the opening of its Academic Year 2013-2014, Nyenrode Business Universiteit granted an honorary Bill Gates Founder and former CEO of Microsoft doctorate to Mr. Natarajan Chandrasekaran (Chandra), CEO and Managing Director of Tata Consultancy Services. The university conferred Nelson Mandela Former President of the Republic of South Africa (1994-1997) the title of Doctor Honoris Causa to Chandra for his significant contributions Michael Porter Professor at Harvard Business School towards business and society with a relentless focus on delivering value to global businesses, stakeholders and local communities around the world. Philip Kotler Professor of International Marketing, Northwestern University in Evanston/Chicago In his response, Mr. Chandrasekaran used the following words: “This is a great privilege for me to have this honor conferred on me by a university that has Sri Sri Ravi Shankar One of the world’s most influential spiritual leaders and founder of the International Association of Human Values a proud heritage of having produced some of this country’s finest business leaders. At Tata Consultancy Services, it Joop van den Ende Co-founder of international television production company Endemol has always been a priority for us to focus on the twin path to achieve industryleading business excellence and working Albert Heijn Founder and Former Chairman of the Board of Ahold sustainably in the communities where we operate.” Nyenrode International 59 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 60 Arie Buijs International Contacts South Africa 60 NYENRODE INTERNATIONAL YEARBOOK 2015 Prof. Dr. Arie Buijs, emeritus professor at the Nyenrode Center of Finance, is actively involved in an impressive number of international activities. He spent two three-month rounds of teaching as a visiting professor to San José State University in California, he went on lecture tours of China as many as three times, he visited Finland to teach Food and Finance MBA students, and he gave courses in London and Paris. Still, South Africa remains his most important contact and host country. Invited by Prof. Johan Bosch, Arie spent the spring Africa on similar missions for shorter or longer duration. period of 1994 as a visiting professor to the University In due course, this special partnership was expanded of Port Elizabeth, where he stayed for a period of four to include the University of Stellenbosch and Rhodes months. This marked the start of a special relationship University in Grahamstown. Today, Nyenrode is involved that continues to flourish today. In 1995, Arie was in a strong partnership program with the Business School officially appointed full professor with this university. of Stellenbosch, where over the past few years many After his return to the Netherlands, a few years later, EMBA and IMBA students have spent one or two weeks the appointment was changed into a permanent visiting following classes. Conversely, groups of students from professorship at Nelson Mandela Metropolitan University. Stellenbosch regularly join the Nyenrode programs for This cooperation has enabled a number of South African a number of weeks. Our mutual ties and the continued guest professors to come to Nyenrode on various collaboration with South Africa offer the Nyenrode occasions to conduct research and offer classes, and it community a positive future outlook with many promising has enabled a number of Nyenrode faculty to visit South opportunities. Nyenrode International 61 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 62 Nyenrode Europe China Institute L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P The Nyenrode Europe China Institute (NECI) was established in 2008 to provide support and assistance to internationally operating companies. It aims to help these firms create or re-energize their business strategy in China and share up-to-date information concerning the latest Chinese investment trends, their (expected) consequences in Europe and their general impact on the West. The NECI serves as one of the leading Dutch institutes in the field of EU-China economic and business relations. The NECI has taken the lead in creating a knowledgesharing platform and network via the ‘Thought Leadership Events’, which consist of seminars and round-table meetings led by business leaders and representatives from academia. The NECI has also developed a number of China immersion programs for the Nyenrode degree programs to enable students to gain an understanding of the way in which China operates as an emerging market and an important global market player. Furthermore, several programs have been developed for the benefit of executive education, including training programs for groups of (senior) managers from China and the Intercultural Leadership program for professionals from Asia who work in the Netherlands. 62 NYENRODE INTERNATIONAL YEARBOOK 2015 Nyenrode Europe India Institute NYENRODE INTERNATIONAL 2015 The Nyenrode Europe India Institute was officially launched by Frank Heemskerk LL.M., former Dutch Minister for Foreign Trade. The event took place during the Netherlands India Business Meet 2008, in the presence of Indian Home Minister Mr. P. Chidambaram. Through its three pillars – Education, Research and Public Opinion Leadership – and with the committed support it receives from leading Indian and Dutch organizations, the Nyenrode Europe India Institute aims to connect Nyenrode with India by embedding India-related activities in relevant educational programs offered by the university. To foster and enhance ties with India, the Nyenrode Europe India Institute has formed partnerships with Indian and European institutes and organizations of high repute. The Nyenrode Europe India Institute has formed a Voluntary Board that meets at Nyenrode four times a year. The Board consists of senior executives from large businesses based in India and the Netherlands who run business operations in each other’s countries. Organizations that are represented on the Board include Tata Consultancy Services, ABN AMRO, Tata Steel Europe and the Netherlands-India Chamber of Commerce and Trade. Nyenrode International 63 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Private Label Manufacturers Association In cooperation with Nyenrode Business Universiteit, the Private Label Manufacturers Association (PLMA) has developed an Executive Education program. The PLMA is a non-profit organization founded in 1979 and retailers. Classes combine interactive teaching with the aim to promote private labels. The program is techniques with traditional lectures and case studies. devoted entirely to private label considerations. The PLMA’s Executive Education program was first organized curriculum includes what executives need to know in 2001. Since then, almost 1,000 private label retailers about these labels: private label strategy, manufacturer- and manufacturers have completed the courses. Classes retailer relations, supply chain management, new are offered all over the world: in the Netherlands (in product development, scenario planning, innovation conjunction with Nyenrode Business Universiteit), in management, promotion and trends around the world. Philadelphia, USA, (with St. Joseph’s University) and in The curriculum is designed for both manufacturers Shanghai, China (together with Jiao Tong University). BECOMING A WARRIOR FOR THE HUMAN SPIRIT Guest speaker Margaret Wheatley on leadership in 2014 American organizational expert Margaret Wheatley was a guest at Nyenrode in the week from March 24 to 28, 2014. In a series of meetings with students, staff and alumni, Wheatley discussed leadership in the year 2014. During these meetings, Wheatley shared insights listed in her most recent book entitled So Far from Home. This book describes how we can do our good works with dedication, energy, discipline and joy, namely by consciously choosing a new role for ourselves: that of warriors for the human spirit. Wheatley is a leading consultant and well known within a wide spectrum of organizations, ranging from major corporations to ministries and even monasteries. 64 NYENRODE INTERNATIONAL YEARBOOK 2015 Eastern & Western strategies by Prof. Dr. Bob de Wit Tuesday July 1, 2014 marked the official presentation of the latest edition of Strategy: Content, Process, Context, written by Nyenrode Professor of Strategic Leadership Bob de Wit. Today, this excellent publication has become the world’s number three best-selling book on strategy: more than 300 universities in 60 different countries use it. What is new, however, is that the author shows how Eastern strategy concepts can make important contributions to strategic thinking and decision making. Here, we see a difference with most traditional business literature, which tends to place a main focus on Western knowledge. In Strategy: Content, Process, Context, Bob de Wit demonstrates that in order to obtain a true understanding of businesses and of what it takes to be successful, we need to transcend the boundaries set by our own perspectives, be they Western or Eastern. Only then can we determine our own strengths and weaknesses and can true synthesis become a fact: we will then have achieved ‘the best of both worlds’. In his book, de Wit demonstrates that the rational Western approach to strategic thinking is mainly inspired by Descartes, while the more holistic principles followed in the East stem from the ideas developed by Confucius. Although upon first glance, both perspectives would seem to be opposites and suitable only for different parts of the world, each of them can add precious value to the other. With their individual characteristics and their own specific appeals to logic and intuition, both approaches may offer valuable contributions to strategic thinking and decisionmaking. This is precisely why the book refuses to see them as opposites but rather discusses them as two sides of the same coin. The fifth edition of Strategy: Content, Process, Context was launched and discussed during a seminar held at Nyenrode and entitled ‘Strategy 5.0. Enlightened learning for the shifting global reality’. In addition, contributions were made by Jiazhong Wang from Standard Tael, Fred van Beuningen from Rotterdam Partners and Dr. Debashish Bhattacharjee from Tata Steel, who spoke about their professional experience with various strategic concepts from the East and West. The seminar was chaired by Dr. Jeroen van der Velden, Director of the Nyenrode Strategy Center. Nyenrode International 65 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P The Portland Experience USA Module: “A deep dive into the American way of doing business and a great lesson in venture capital funding considerations” - Sander van Loosbroek 66 66 Executive MBA students travelled to the United States to spend a week at Lundquist College of Business, situated on the University of Oregon’s Eugene campus, for a number of case studies, site visits and cross-cultural exploration. The Eugene week introduced students to the fundamentals of entrepreneurship, a critical way of thinking that supports the identification of opportunities and matches these against resources. The consecutive Portland week built on the Eugene experience by pairing students with companies to enable them to apply their newly acquired knowledge and to help them evaluate a strategic business opportunity. This second week gave students a chance to better understand complex business issues, make intensive research and analysis efforts and formulate specific, action-oriented recommendations. NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE INTERNATIONAL 2015 The Silicon Valley Experience An integral part of Nyenrode Business Universiteit’s Modular Executive MBA Business & IT program is a tenday international study trip where participants have the opportunity to learn how to apply their Business and IT skills in foreign cultures. In June 2014, the destination of this international study trip was Silicon Valley in the USA. The visit was hosted by the University of San Francisco (USF), who facilitated a Silicon Valley immersion program entitled sharing and cooperation. The second visit was to Obscura Digital. ‘Innovation and Entrepreneurship’. Students Maries Struyvé, This company is a world leader in projection technology. Next, Önder Gebizlioglu, Jeroen van Gassel and Hari Soewiknjo we attended a presentation by Sergio Gonzales, the Innovations about the Silicon Valley trip: “During the official Modular Director of eBay. It was an extremely interesting presentation Executive MBA study trip, our group had the chance to work that focused on how to foster innovation in a company. Finally, with many USF faculty members who are also successful we were offered a guided tour at Google, where we gained an executives in the Silicon Valley area. We started the company excellent impression of the Google atmosphere, including its visits at ‘The Impact Hub’, an open office space where young many colorful terraces, the famous Google buses, free bicycles, social entrepreneurs work in an environment that stimulates free food and staff drinks on the Google campus.” Nyenrode International 67 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P WEST MEETS EAST The ‘Commissie der Buitenlandsche Zaken’ (‘Committee of Foreign Affairs’) is part of Nyenrode Business Universiteit’s student association. This committee is responsible for organizing an annual international business trip for students. The primary goal of this trip is to get in touch with, learn from and give support to companies that are situated in the host countries. The central theme of the business trip has been set as ‘West meets East’. Considering the intense development of many Asian countries and the abundance of trade between Asia and the West, the trip is an excellent opportunity for students to experience cultural differences and to learn about commerce between these countries and countries in the West. Based on Nyenrode’s core values of Leadership, Entrepreneurship and Stewardship, the trip includes several visits to multinational and national companies in Hong Kong and Hanoi, and it includes a gettogether with Nyenrode alumni working in these areas. 68 NYENRODE INTERNATIONAL YEARBOOK 2015 THE FUTURE OF L ATIN AMERIC A On September 27, 2014, 50 students from the part-time As Luciano Sardilli, alumnus from the 2007 International MSc in Management Program travelled to Sao Paulo MBA program reported: “During the official dinner, to follow a one-week academic course. They visited we talked at length about the differences between the a number of companies and attended lectures at the Brazilian and Dutch economies, their politics and my own Brazilian Institute of Education and Research Insper. ideas about the future of Latin America. Even though A main focus lay on trends in the Brazilian economy, the my graduation was some years ago, the bond that I feel role of the state in the economy and on the opportunities with Nyenrode and my fellow students has remained and threats that the country is currently facing and will very strong, no matter where we are in the world.” The be facing in the future. The trip was launched during an study visit ended with a farewell dinner held at Insper official dinner with Nyenrode alumni residing in Brazil. University. view with layar L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 69 Nyenrode International 69 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P NYENRODE. A REWARD FOR LIFE “…T H E BON D T H A T I F E E L W I T H N Y E N RODE A N D M Y F E L LOW S T U DE N T S H A S R E M A I N E D V E R Y S T RONG, NO M A T T E R W H E R E W E A R E I N T H E WOR L D.” LUCI A NO SA R DIL L I LLEEAAD DEERRSSH HIIP, P, EENNTTRREEPPRREENNEEUURRSSHHI P, I P, SSTTEEW WA ARRD DSSH HII PP 70 NYENRODE INTERNATIONAL YEARBOOK 2015 DUTCH ACCOUNT ING PROFESSIONAL S A ND R EGUL ATOR S “We took a trip to Loyens and Loeff (L&L), a tax consulting firm that deals with domestic and international tax issues. Nyenrode student Arco Bobeldijk, a tax partner at L&L, as well as Vincent van der The University of Oregon (UO) College of Business and Lans, a senior tax manager with a specialization in US and Nyenrode Business Universiteit have long maintained a NL tax differences, gave a presentation. They discussed fruitful exchange program, and many UO students have the issues of major companies (e.g. Starbucks, IKEA found their way to Nyenrode. The primary objective and Amazon) and their desire to avoid unnecessary tax of this exchange is to provide Masters of Accounting liability as well as the various benefits and complexities (MAC) students from the University of Oregon with the that come with using a country like the Netherlands to opportunity to interact directly with executives from establish an overarching holding company. Back at the foreign corporations, audit firms, tax firms, multinational Nyenrode campus, we attended a presentation held by companies and securities regulators. Through Nyenrode Nyenrode alumnus Erik Uitenbogaart CPA, who works Universiteit, the students are introduced to corporate at LyondellBasell (LB). His lecture focused on the tax executives who have been involved in significant differences between the US and the Netherlands and the international trading. During the exchange, students are drivers of tax planning. The knowledge we took away was exposed to international Student Alec Bierly, MAC ’14, extremely valuable, and it was wonderful to see some about the visit: real-life examples of what we had been learning in class.” Nyenrode International 71 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Capgemini Paris Corporate University From November 12 to 14, 2014, 22 participants from the Executive MBA program 2014-2015 (EMBA12), together with instructor Prof. Dr. Désirée van Gorp (Professor International Business Strategy), paid a visit to Capgemini Corporate University ‘Les Fontaines’ in Chantilly, Paris, for two days of stimulating talks and discussion. With its module Information & Innovation, Nyenrode aims to prepare students for jobs that do not exist yet but which undoubtedly will; in other words, we help these students create a competitive advantage for themselves in today’s information age. Nyenrode believes this is important in a world where talent has to compete on a global scale and in which it is key for businesses to have access to a pool of talented individuals who know how to respond to future challenges. The module was concluded with a dragons’ den style round of presentations delivered by the EMBA12 participants, who pitched their ideas about ways in which new technology can provide a competitive advantage for the companies they work for. These dynamic and inspirational discussions, which took place in Les Fontaines’ contemporary, purposebuilt work spaces, were interspersed with classic French cuisine and relaxation in the Rothschild Château, set in the heart of a 130-acre woodland park. 72 72 NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE INTERNATIONAL 2015 L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Nyenrode International 73 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P AC A DEM IC COM M U N I T Y For Nyenrode, cooperation with universities in other countries is of key importance. It allows faculty members to exchange ideas and learn from each other’s education methods and approaches to student guidance and counselling. In addition, it offers promising opportunities in terms of research collaboration and the development of crosscultural knowledge. The latter is particularly important for those who wish to build an international career. Nyenrode regularly welcomes visiting professors, and a number of Nyenrode faculty travel the world to teach students from foreign universities, as a result of which new and special relationships are built. 74 74 NYENRODE INTERNATIONAL YEARBOOK 2015 Bangladesh NUFFIC: Dedication to Stewardship Center for Entrepreneurship and Stewardship (CES). Several faculty staff members of the Nyenrode CES conduct research activities with a focus on sustainable development, inclusive business and responsible supply chain management. Corporate Social Responsibility (CSR) and Social Entrepreneurship are not new to Bangladesh. Triggered by regular accidents and incidents in the country, PARTNERS discussions have been on-going for years between the Bangladesh government, entrepreneurs, workers, civil society organizations and the international community in order to ensure decent working conditions and to prevent or reduce industrial pollution. To address the ‘niche’ of employer convictions about the importance of CSR, NUFFIC has launched its NUFFIC NICHE 199 project. This project aims to strengthen the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) University of Fashion and Technology (BUFT) as an academic institute. BUFT was established by the BGMEA as a private university in 1990, and it has close links with the employers in the Ready Made Garment (RMG) sector. The NUFFIC NICHE 199 project aims to bring CSR to a new level through the establishment of a comprehensive high-quality CSR education and outreach program within BUFT, to be sustained by a strong BUFT organization that practices the CSR it preaches in terms of safety, working conditions and equal opportunities for men and women. The project closely fits the research agenda of Nyenrode’s BGMEA University of Fashion and Technology, Dhaka - Bangladesh Mott MacDonald, Dhaka – Bangladesh MDF Training & Consultancy, Ede, the Netherlands & Colombo, Sri Lanka MVO Nederland, Utrecht – the Netherlands NUFFIC, Den Haag – the Netherlands Faculty members: Dr. Ir. Andre Nijhof Dr. Tineke Lambooy LL.M. Michiel Brandt LL.M. Nyenrode International 75 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P My Experience at Nyenrode “I have been visiting as a professor at Nyenrode for four years and have found it to be an enriching and rewarding V I SI T I NG PROF E S SOR experience. My background has been international, Thomas Lee Boam, Ph.D. as a commercial officer. I have done business in about Assistant Professor, Management Department, University of Utah which is why I have enjoyed the diverse student mix at Nyenrode. I have a background in academia, but I have spent most of my life in an international setting. I worked for a U.S. organization in an international setting, and was then a U.S. diplomat for 26 years, serving primarily 70 countries, on all continents, and I spent nearly 35 years outside the U.S., including 8 years in China. In my classes, I mix my academic training with this worldwide experience. It is important to have a strong theoretical foundation in all university material, but through cases and real-life examples, I mix the theoretical with the practical side of doing business. This also includes challenging the students, most of whom also have strong international experience, to bring their own examples into the classroom. This makes case-based discussions highly collaborative. Also, while it is certainly necessary to understand various cultures, the primary reason for any business is to maximize benefit for its stakeholders. Because of this, we look at international culture in the setting of fostering that goal. Understanding culture is seen in the context of creating a successful marketing and business model. The cosmopolitan and international nature of Nyenrode’s students has certainly contributed to this goal. Each class brings a multitude of perspectives to each of the questions studied. Not only do the students have broad experience, but they are willing to share this experience with the class. For me, this always makes teaching at Nyenrode an interesting and rewarding experience.” 76 NYENRODE INTERNATIONAL YEARBOOK 2015 The Spirit of Nyenrode “For the past several years, it has been my distinct pleasure to join the Nyenrode community for a week at V I SI T I NG PROF E S SOR the beginning of the academic year. During this week, I Glen Schmidt, Ph.D. or so leading business schools from the East Coast to Professor of Business at David Eccles School of Business, Operations and Information Systems Department of the University of Utah see the campus alive and I find it buzzing with the voices and energy of a new cohort of students. Right before my eyes (and at night, my ears) I see and hear the comradery developing between students. Having taught at business schools in several countries in Europe, at a half-dozen the West Coast in the USA, and having visited a number of schools in Asia, I can truly say that there is something really special about the ‘spirit of Nyenrode’ that is not replicated anywhere else. As part of my exciting week in Breukelen, Professor Bo van der Rhee of Nyenrode and I team up to lead the students in a ‘Deep Dive’ experience. We adopted the phrase ‘Deep Dive’ from a well-known design firm, IDEO, who uses this term to describe their team-based design process. Similar to IDEO’s focused process of creating a viable new product, we focus the Nyenrode student teams on the process of analyzing a business case – and creating a viable solution to the problem faced by the case protagonist. This Deep Dive is intended to initiate a path whereby students think deeply, rigorously and methodically about applying what they learned, in order to become leaders, entrepreneurs and stewards within their communities, 77 firms and society at large. Thank you for allowing me to be a part of your international community. I look forward to further interactions and to contributing to the spirt of Nyenrode.” Nyenrode International 77 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P International Research & Teaching Experience R E SE A RC H ER Prof. Dr. Bo van der Rhee 78 “Ever since I first joined Nyenrode Business Research Universiteit (NBU) in 2007, I have gone “Our research focuses on two main areas: new product development back to the University of Utah every year and supply chain optimization. In both research streams, I work with for a conference that my department first Nyenrode colleagues (for instance professors Venu Venugopal, Jack van organized in 2003, when I was working there der Veen and Kitty Koelemeijer) as well as with international colleagues as a first-year Ph.D. student. It is a small- (for example professor Rohit Verma from the Cornell Hotel School and scale conference that brings together the professor Glen Schmidt from the University of Utah). In the field of new most prominent researchers in the fields of product development, we are interested in determining how a company Operations and Marketing (both concern can introduce different types of new products into the market. So far, approximately 20 invitations). In the past two our work has resulted in several publications in the Journal of Product summers, I went back to Utah for an extended Innovation Management and MIT Sloan Management Review, and we period of 7-8 weeks to work on my research are now conducting further research on a number of issues, for example in close cooperation with my co-authors. I regarding the question under which conditions a company should was also offered a chance to teach one class pursue mass customization strategies (work targeted at Marketing (Undergraduate Advanced Business Statistics) Science). In supply chain optimization, my work focuses on achieving and interact with a different type of student. win-win outcomes for all stages in a multi-stage supply chain. In all In addition to enjoying my research and of my research efforts, I highly appreciate the collaborative work with teaching, I thoroughly enjoyed Utah; it is a co-authors, and I am fortunate to work with such excellent local and gorgeous state, as are its surrounding states.” international scholars.” NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE. A REWARD FOR LIFE Publication in Oxford Handbook Offshoring and Global Employment Together with co-author D. van Welsum, Prof. Dr. Désirée van Gorp has written a chapter about offshoring in Europe, in particular in the Netherlands, which is included in the Oxford Handbook of Offshoring and Global Employment. The book brings together a number of authors from different countries, who shed light on the impact of global economic developments on the labor market, seen from various academic and policy perspectives. With contributions from scholars in developing as well as developed countries, the book discusses the ways in which different forms of offshoring influence employment. It has recently become available on the market and has already received promising reviews. As AnnaLee Saxenian, Dean and Professor at UC Berkeley School of Information puts it: “This Handbook offers the most authoritative and comprehensive look at the fast changing contours of global employment available today. Scholars from around the world provide empirical insights and theoretical clarity into the often-politicized discussions of offshoring and globalization – including detailed case studies from more than fifteen countries. This will be an invaluable resource for both teaching and scholarship.” Book ‘Understanding Cross-Cultural Management’ The third edition of Understanding Cross-Cultural Management written by Marie-Joëlle Browaeys (Assistant Professor Cross-cultural Management at Nyenrode) and Roger Price explores the key themes and issues in one of the most challenging areas of business, organizational life and social life. The book offers a broad, if selective, view of theories, models and ideas on culture in terms of management, organizations and communication. It combines a concise overview of cross-cultural concepts and learning-by-doing activities as an approach to cross-cultural management. The book contains contributions made by Fons Trompenaars and alumni from degree programs (IMBA and FTMSc) offered at Nyenrode Business Universiteit. It is sold internationally in Europe, Canada, US, Australia, Singapore and India. Nyenrode International 79 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 80 80 NYENRODE INTERNATIONAL YEARBOOK 2015 R E SE A RC H ER Creating Competitive Advantage in Western Europe Prof. Dr. Henry Robben “Together with professors Rudy Moenaert (TIAS School for Society and Business, Tilburg, the Netherlands) and Michael Antioco (EDHEC Business School, Roubaix, France), I conduct research on the competitive power of companies in Western Europe. We investigate how companies can create competitive advantage in terms of the resources they use, how trends and developments affect their marketing strategies, the core marketing processes they need to invest in, and how factors such as market vision, marketing execution, the development of marketing professionals, the use of marketing intelligence and the use of marketing metrics affect a company’s current and future performance. Results appear to be quite robust over the years and across business-to-business, businessto-consumer, manufacturing and service companies.” L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Nyenrode International 81 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P On Top of the World Prof. Dr. Dennis Vink This part of the book deals with my own research and personal international experiences. For me, 2014 was a very special international year as my academic work and my educational activities took me around the globe on visits to Russia, Denmark, Italy, China and the United States. A brief account of my travels follows below. My first academic trip of 2014 was in February, when I visited Moscow. As Visiting Professor to Moscow State University’s prestigious Business School, I was honoured to deliver a course on Corporate Finance. The impressive building featured in the photograph houses the university. I had visited it before, but that was in May, when the sun shines often and temperatures are generally very agreeable. February is different. Snowfall can be abundant. Once I had returned from Moscow, I quickly re-packed my bags for a visit to China, accompanied by my Nyenrode colleagues Dr. Jianhong Zhang, Associate Professor of International Economics and Business, and Prof. Dr. Leen Paape, Dean and member of Nyenrode’s University Board. The purpose of this trip was to visit a number of universities for discussions about possible partnerships and collaboration projects and for a meeting with 82 NYENRODE INTERNATIONAL YEARBOOK 2015 Nyenrode alumni. The visit was a resounding success. One the opportunity to work on their own designs and of the activities that I would like to highlight here is the prototypes, and it gives them access to all the equipment meeting we had with our Nyenrode alumni. The gathering they need to print their products. It was a remarkable and was led by Nyenrode alumnus Hock-Pun Lee and held in highly impressive experience. Shanghai’s five-star resort Shang-ri. I cannot remember In June, I visited Rome to attend the European Financial exactly whose idea it was, but the evening ended with a Management Association’s academic conference. This visit to a club called ‘Mint’. I am no stranger to parties, conference, held in a different European country each but I had never experienced what I saw then. Mint turned year, is one of the world’s top conferences on financial out to be a highly exclusive establishment with absolutely management. One of the keynote speakers in Rome was terrific views of Shanghai’s skyline. It even boasted a Prof. Gary G. Gorton from Yale School of Management. large water tank full of sharks. In sum, my academic EFMA’s 2015 Congress is to be held in the Netherlands, journey ended with a splendid party in the wonderful at our very own Nyenrode Business Universiteit. I am company of Nyenrode alumni: definitely something that is honoured to act as its Chairman, and we are currently worth repeating. working on the necessary preparations. My next destination was Denmark, where I travelled to Kongens Lyngby, just outside Copenhagen and home to My international year ended with a journey to the the Technical University of Denmark (DTU). DTU is one United States. I visited Harvard, Yale and New York of the world’s leading technical universities, and I had University and I was invited by Standard & Poor’s in New the pleasure of giving a course on Financial Analytics York to present the outcomes of my empirical research for a group of senior executives. During my classes, I on financial engineering. I am a staunch supporter of offer participants a number of effective tools that they internationalization and exchange. My experiences in can use to assess value creation and measure it in their 2014 have made my convictions even stronger. What a own organizations. Towards the end of my visit, I was wonderful year it was - and what a wonderful year lies given a tour of DTU’s SkyLab. This facility gives students ahead. Nyenrode International 83 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P ICGN Academic Meeting 2014 On Sunday June 15, 2014, scholars and governance professionals from all over the world gathered at Nyenrode to attend the first Academic Meeting preceding the Annual Meeting of the International Corporate Governance Network (ICGN) held in Amsterdam during that year. The Nyenrode Corporate Governance Institute (NCGI) was the proud host. ICGN is a global investor-led organization of governance professionals responsible for assets under management in excess of US$18 trillion. ICGN’s mission is to inspire and promote effective standards of corporate governance to advance efficient markets and economies worldwide. The ICGN Academic Meeting was attended by 60 corporate governance practitioners and academics from all over the world, including representatives from Harvard, Kellogg and London Business School. During the Academic Meeting, seven academic papers were presented and discussed. The occasion also provided a unique opportunity for scholars to enhance the quality and impact of their scholarly work by meeting with practitioners and exchanging ideas and information with insiders from the institutional investment field. The Academic Meeting was hosted by Prof. Dr. Leen Paape, Dean of Nyenrode Business Universiteit, and Dr. Daniëlle Melis MBA, Chair of the Nyenrode Corporate Governance Institute (NCGI) and Deloitte scholar and member of the ICGN Shareholder Responsibilities 84 Committee. The meeting was organized in close cooperation with the HHL Graduate School of Management, Leipzig (Germany) and the LL.M. Program in Banking and Securities Law at the Institute for Financial Services, University of Liechtenstein. Daniëlle Melis: “The NCGI aims to promote research, education and informed opinion and debate. Hosting the ICGN Academic Meeting was inspiring and contributed to NCGI’s overall mission. It contributed on a high level to the international academic debate about the relatively young discipline of Corporate Governance.” 84 NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE. A REWARD FOR LIFE Academic and practical research at the Nyenrode Europe China institute The fields and methodologies of the Nyenrode Europe China Institute’s research projects have been geared towards formulating recommendations and solutions; they have yielded breakthrough findings that will support the sustainable development of the EU-China relationship. These projects involve a combination of practical consulting papers (contracted by business communities) and academic publications. One of the most representative publications issued by the NECI is the China Monitor, developed by the NECI in cooperation with MN Services and comprising qualitative research that maps China’s socio-political and economic development and its investment climate. ABIS Colloquium 2013 academic institutions whose expertise, commitment and resources are leveraged to invest in a more sustainable After IMD (2012) and INSEAD (2011), it was Nyenrode’s future for business in society. ABIS enables informed turn in October 2013, to be co-organizer and host of the decision-making on business in society issues through ABIS (Academy of Business in Society) Colloquium for collaborative research, education, thought leadership, academics and professionals from the corporate world. policy insights and business acumen. The overarching ABIS is a global network of over 130 companies and theme of the Colloquium was Sustainability and Finance, Nyenrode International 85 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 2013 ABIS COLLOQUIUM Sustainability & Finance OCTOBER 15-17 2013 talent development for the future of business & finance JOIN THE CONVERSATION! REGISTER NOW ON WWW.NYENRODE.NL/ABIS2013 R E SE A RC H ER Continuance page 85 and it dealt with the future of business and finance Dr. Anne-Marie Kruis in an international context and the connection between sustainability and finance. The goals of the Colloquium were to analyze fundamental (financial) aspects of the current crises, to explore the challenges of a sustainable and inclusive economy and to consider the role of business education. During the event, participants were able to share and discuss current visions, educational programs and academic research, which concern the above-mentioned issues. Various topics were addressed: how to change finance and finance change for a more sustainable future, how to measure and communicate the value of sustainability investments, how to incentivize new sustainability-driven business models and entrepreneurship, and how to develop leaders and managers capable of bridging gaps between business, finance, government and society. In “The academic world knows no borders. And this is a good thing indeed, because it not only allows us to learn from each other and about each other, but it also prevents us from re-inventing the wheel.” addition, participants prepared an Agenda 2020 for ABIS and its members aimed at covering strategic initiatives for and from the global business-school community, both in terms of content and methodologies. Nyenrode Business Universiteit was greatly honored to host the ABIS conference. 86 NYENRODE INTERNATIONAL 2015 NYENRODE INTERNATIONAL YEARBOOK 2015 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P and this is how I came to teach a group of Ph.D. students Science without Borders “As scientists, we publish our work in English-language international journals, we visit international conferences to meet fellow experts and we operate in multinational in Brisbane on the topic of questionnaire research. We also presented a research paper that I co-authored with our American colleague, Dr. Sally Widener. Sally Widener is visiting professor to Nyenrode, and we have worked together for a number of years on various different projects. In the early months of 2014, we celebrated our first publication. Our article entitled ‘Managerial influence in PMS design: A recipe for failure?’ is now publicly available in Behavioral Research In Accounting.” Management Control Association Research Conference teams. At the moment, we are working on a number of research projects together with colleagues from Europe, America and Australia. Last August, for example, I paid a first visit to the University of Queensland in Brisbane, Australia. My colleague, Dr. Robyn King, had invited me to join his department for a few weeks because we share similar research interests. Our first meeting actually dates back to one year prior to his invitation, when both of us attended the Management Control Association Conference hosted by Nyenrode in September 2013. This MCA event was something to be truly proud of, because it was the first to be held in the Netherlands. For a period of three days, well over 80 scientists gathered on campus to share their research ideas. During my days in Brisbane, Dr. King and myself designed a new project focusing on control systems and control choices, and the accompanying literature review is well underway. The conference also yielded a number of other interesting spin-offs, such as the invitation to offer a seminar course at the Portsmouth Business School in England. In addition, I joined the Management Control Association’s Council; this happened in 2014. When you visit colleagues, it is customary to offer one or two courses, From September 3 to 6, 2013, Nyenrode hosted the ninth Management Control Association Research Conference. This event is organized every three years, and the Association’s 2013 conference was the first to be held in the Netherlands. The MCA Conference aims to bring together academic researchers from all over the world who operate in the field of Management Accounting and Control, and it offers them the opportunity to share ideas, present preliminary research results and establish new partnerships. An international group of 88 academics and practitioners visited Nyenrode to present and discuss their research. The conference was organized by the Management Control Association in close collaboration with Nyenrode. Anne-Marie Kruis (senior university lecturer at IMACS) acted as the organizing committee’s country representative; Roland Speklé (professor at IMACS) was involved with the doctoral colloquium and gave a plenary speech. Nyenrode International 87 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Talent Management & Leadership Lidewey van der Sluis is Full Professor of Strategic Talent Management at Nyenrode Business Universiteit and Extraordinary Professor of Talent Investment at North-West University in Vanderbijlpark, South Africa. In addition, Prof. Van der Sluis is Academic Director for the Nyenrode Executive Program for Interim Managers R E SE A RC H ER and the Strategic HRM Executive Course of the Nyenrode Center for Leadership and Management Development. At Nyenrode, Lidewey van der Sluis has established a Prof. Dr. Lidewey van der Sluis strong connection between Europe and South Africa within the framework of the Optentia Research Focus Area of North-West University, South Africa. In October 2012, she was appointed as Extraordinary Professor Talent Investment at this university. Her prestigious lecture ‘Talent Investment: Managing Returns on Labour Relations’ took place in May 2013. Her research work With today’s business leaders, talent is top and activities with her South Africa team draw on the of mind. Business leaders are challenged idea that the backbone of organizational continuity to adapt their organizations to the pace, is the investment in people and managing long- uncertainty and speed of the external term economic value. Talent recruitment, selection, environment and at the same time they need management and development are all elements of this to embrace a diverse workforce. In the new process, as are discharge and dismissal. This integral world of work, traditional approaches to view on human capital management is known as strategic lead and manage people in organizations talent management and forms the core of Lidewey’s are simply no longer effective. The research research perspective. Her latest visit to South Africa that is conducted at Nyenrode‘s Centre of was from October 16 to 17, 2014, when she travelled to Leadership and Management aims to analyze Johannesburg for a conference she organized with her SA current practices and develop new approaches team on the topic ‘Rethinking The HR Challenge: Towards and HR-instruments in the field of talent a Blueprint of Sustainable Talent’. investment, talent performance and talent development. With the help of economic perspectives, Prof. van der Sluis’ team strives to determine criteria and practices that predict high returns on talent investments and long-term value of employees. 88 NYENRODE INTERNATIONAL YEARBOOK 2015 Family Businesses & Ownership “My research interests lie in the field of privately-held companies and, more specifically, family businesses. I am interested in governance issues and the role of owners in family and non-family firms. Together with Prof. Dr. Roberto Flören (Nyenrode Business Universiteit) and Prof. Dr. Lorraine Uhlaner (EDHEC Business School, France), I am currently conducting quantitative research focused on ownership groups in private firms. We have gathered data on ownership dynamics (i.e. the manner in which owners interact), governance practices (e.g. family governance R E SE A RC H ER Dr. Marta Berent-Braun practices and the role of the Board of Directors and the Supervisory Board) and various outcome variables, including the firm’s financial performance, innovation and environmentally friendly practices. On the basis of these data, we wrote a number of papers that were presented during international scientific conferences. For some of these papers, for instance the publication focusing on creation of ownership social capital in family and nonfamily firms (co-authored with Ilse Matser, Windesheim University of Applied Science, the Netherlands), we were granted the Best Paper Award. This happened during the 7th Workshop on Family Firms Management Research held in Witten, Germany. At this moment, we are preparing several manuscripts for publication in scientific journals. In September 2013, I had the pleasure of staying at the environment. On the basis of our results, we wrote Northeastern University in Boston, America, for a number a paper that was presented during an international of weeks. The main goal of my trip was to conduct conference held last spring. In addition, I was given research together with Prof. Kimberly Eddleston, one the opportunity to experience how the Family Business of the worlds leading researchers investigating family Center is run in the United States, the land of family firms businesses and entrepreneurship. Our joint research and entrepreneurship. I would recommend everyone to efforts were aimed at determining the antecedents make a similar step and spend a few weeks of working of environmentally friendly behavior demonstrated abroad. It not only broadens your horizons, but it by private companies. In our work, we investigated also offers you a host of new ideas and a wonderful whether family-owned businesses operate differently opportunity to meet other people.” compared with non- firms when it comes to considering Nyenrode International 89 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P L E A D E R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P EUROPEAN FINANCE CONFERENCE 2015 to be Hosted by Nyenrode view with layar The European Financial Management Association EFMA has selected Nyenrode Business Universiteit for the organization of its annual top conference on financial management. One of the keynote speakers will be Prof. Malcolm Baker from Harvard Business School. The conference is to be held from June 24 to 27, 2015 and will be chaired by Prof. Dennis Vink from Nyenrode. The European Financial Management Association (EFMA) was founded in 1994 with the aim to stimulate research and disseminate knowledge on financial decision making in all areas of finance affecting European corporations, financial institutions and capital markets. The meeting to be held at Nyenrode in 2015 is the EFMA’s 24th annual conference. In addition to keynote speaker Prof. Malcolm Baker, various other prominent speakers will participate in the conference: Prof. Ralph Koijen from the London Business School, Prof. Bo Becker from the Stockholm School of Economics, Prof. Stijn van Nieuwerburgh from the New York University Stern School of Business, Prof. Marijn Cremers from the University of Notre Dame and Prof. Lasse Pedersen from the Copenhagen Business School and the New York University Stern School of Business. 90 90 NYENRODE INTERNATIONAL YEARBOOK 2015 www.efma.org impact factor: 1.557 2015 ANNUAL MEE TING JUNE 24-27, 2015 NYENRODE BUSINESS UNIVERSITEIT, NETHERL ANDS Nyenrode International 91 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P Auditing in an International Perspective “Nyenrode Business Universiiteit offers great opportunities to R E SE A RC H ER Dr. Joost van Buuren RA conduct relevant research in the field of Auditing. One of the main challenges in this field is collecting data from audit firms in order to analyze auditor behavior and decision-making. Nyenrode Accountancy students, however, work for audit firms and are allowed by the Dutch audit firms to collect information from audit engagement files based on questionnaires. This data regarding audit planning, risk assessment, error detection and auditor reporting is unique in the world. Therefore, well-known auditing researchers like Arnie Wright, visiting professor of Nyenrode and Senior Professor of Auditing at the Northeastern University in Boston are highly interested in cooperating in our research. Other visiting scholars include Monika Causholli from Kentucky State University in the United States, who came to Nyenrode in the spring of 2014, and Prof. Christopher Koch from Mainz University in Germany. Our research working papers are well received at the leading international accounting and auditing conferences. Together with these international scholars, we cooperate on multiple projects with much pleasure. The work is extremely stimulating and challenging, because all of us are highly focused on getting our work published in the top academic journals. Our current research topics include audit quality and audit methodology, especially aimed at audit partner behavior. These topics are very timely, given today’s debate on audit quality in the auditing profession itself and with respect to the legislative actions taken by LLEEAAD DEERRSSH HIIP, P, EENNTTRREEPPRREENNEEUURRSSHHI P, I P, SSTTEEW WA ARRD DSSH HII PP 92 governments to enhance audit quality. Other current research includes a study concerning the implementation of new audit methodology, based on interviews with partners of 38 German and Dutch small and medium-sized audit firms.” NYENRODE INTERNATIONAL YEARBOOK 2015 Book ‘Lessons from Buurtzorg Nederland’ December 2014 saw the publication of Dr. Sharda Nandram’s book on neighborhood nursing entitled Organizational Innovation by Integrating Simplification. Learning from Buurtzorg Nederland. Dr. Sharda Nandram is Associate Professor at Nyenrode Business Universiteit within the Centre X. R E SE A RC H ER Dr. Sharda Nandram for Entrepreneurship. As of January 1, 2015, she also acts as a visiting professor to the Institute of Finance and International Management (IFIM) in Bangalore, India, and she works as a consultant for Praan Solutions. Over the past year, Dr. Nandram looked behind the scenes of Buurtzorg Nederland to learn about its organizational processes and the ways in which its staff members and professionals work together. Buurtzorg Nederland has an extremely flat organizational structure and is known for its highly client-oriented approach. In this organization’s activities, satisfying the needs of its clients and ensuring that they maintain the highest possible level of autonomy are key elements. Buurtzorg Nederland has received considerable international attention for its innovative approach. Sharda Nandram investigated, among other things, leadership within Buurtzorg Nederland, its decisionmaking powers and processes as well as the structure of the organization’s HR and ICT departments. In her work, she applied the Grounded Theory Methodology, a research method that leads to the formation of new theories. This allows for the principles derived from it to be used by management in a wide range of applications. Dr. Nandram calls her theory ‘Integrating Simplification’. Nyenrode International 93 L E A DE R S H I P | E N T R E P R E N E U R S H I P | S T E WA R D S H I P 94 Book ‘Lean IT Partnering’ How may IT partners in their cooperation with service sector organizations create value and profit with the Lean method? In his book Lean IT Partnering, Prof. Dr. Han van der Zee, former Head of the research cluster ‘Lean Transformation with and in IT’ at the Nyenrode Lean Institute, answers this question on the basis of insights from international academic research and a number of case studies. The Nyenrode Lean Institute is an initiative developed by Nyenrode in collaboration with ABN AMRO, Achmea and McKinsey & Company. Its aim is to promote and enhance organizational innovation and excellence through development and training by applying the Lean Management theory. The Lean concept is an effective and efficient tool to do ‘more’ with ‘less’ while simultaneously increasing productivity, improving quality for greater customer satisfaction and achieving a better competitive advantage. Author Prof. Dr. Han van der Zee about the book: “More and more IT suppliers and users of IT services are beginning to recognize the importance of going Lean, and many of them have started to apply the philosophy in their strategies. So far, however, only very few examples have become available that illustrate the successful application of this concept in IT partnerships. Becoming lean takes a lot of hard work and intensive cooperation between partners. Success does not come easy, but there is so much more that can be achieved.” The book Lean IT Partnering - How partners create value by developing a Lean culture for IT supply and management was launched during an inspirational afternoon workshop on the topic ‘Lean with Leadership’ held at Nyenrode Lean Institute on May 20, 2014. 94 NYENRODE INTERNATIONAL YEARBOOK 2015 NYENRODE. A REWARD FOR LIFE Nyenrode International 95 NYENRODE INTERNATIONAL 2015 Nyenrode Business Universiteit Straatweg 25, 3621 BG Breukelen P.O. Box 130, 3620 AC Breukelen The Netherlands +31 346 291 291 [email protected] www.nyenrode.nl NYENRODE. A REWARD FOR LIFE