B-School Bulletin: Partisanship At The Supreme Court

INSEAD

The 3 Principles Of Wise Power

News from INSEAD

“One of today’s damaging and common leadership misconceptions is the confusion of power with external control. All too often, we think of power as the ability to direct or influence the behaviour of others, or to force the course of events to conform to a predetermined scheme.

“But there is an equally necessary kind of power, which is exerted inwardly. It turns out that power is as much about the ability to adapt to the world around us as it is about shaping the world. As the global business landscape becomes increasingly complex, our ability to develop our presence and gravitas has become an indispensable companion of authority.”

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Call To Lead Hits Funding Milestone

News from Dartmouth College Tuck School of Business 

“Five months into the public launch of the College’s $3 billion Call to Lead capital campaign, Dartmouth is witnessing fundraising progress that has set a new record in its campaign fundraising history.

“According to a press release by the College’s Office of Communications, the campaign has hit a record-setting point in its philanthropic giving. The donations that Dartmouth has received in the 2018 fiscal year surpassed those received in the 2017 and 2016 fiscal year, by nearly 1.5 and 1.3 times greater respectively.”

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“It’s a fantastic place. It’s the center of innovation,” Professor David Thesmar says about MIT. “It’s something you feel very strongly when you come here, the energy around campus. People are very serious about the progression of academic science.” Image: Jared Charney

Does Free Flow Of Capital Make The Economy More Efficient?

News from MIT Sloan School of Management 

“David Thesmar is an MIT professor who studies the growing influence of the financial sector over large economies. But here’s another way of summarizing his work: Thesmar is a scholar of the turbulence these changes have created.

“’My main research topic is the anatomy of financialization,’ says Thesmar, ‘and how the contractual arrangements that get made in the financial sector trickle down to the rest of the economy.’

“By that, Thesmar means he studies the consequences of the global wave of financial development since the 1980s. This ‘financial deepening,’ as he puts it, came from a combination of deregulation and technological change; it led to the emergence of hedge funds, private equity funds, the promotion of shareholder value maximization, and deeper and more liquid stock markets.”

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Yale SOM photo

Ghanaian President Nana Akufo-Addo Discusses Democracy And Development In Africa

News from Yale SOM

“A new age is dawning on the African continent, one that will utilize democratic processes and economic development to create a prosperous, independent future for the African people, Nana Addo Dankwa Akufo-Addo, president of the Republic of Ghana, told an audience at the Yale School of Management on September 27.

“’Democracy and freedom are providing the political, social, and economic platforms for Africa’s long-awaited development,’ Akufo-Addo said. ‘Africa is on the cusp of building a great new civilization, one  which will unleash the great energy and potential of the African people.’

“Akufo-Addo spoke about democracy and development in Africa to a capacity audience in Yale SOM’s Zhang Auditorium as part of  the Leaders Forum lecture series. The series brings leaders from business and government to Yale to speak students. The event was also part of Yale President Peter Salovey’s Yale Africa Initiative.”

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Harvard photo

The U.S. Job Search For International Students

News from HBS

“International students make up 37% of the Class of 2020 and come to HBS from 69 countries. While some of these students will return to their home country or region to work after graduating, many choose to accept a full-time role in the United States.

“Whatever career path international students choose to pursue, the HBS Career and Professional Development Office (CPD) provides resources, guidance, and access to job opportunities.

“Phillip Andrews, a Corporate Relations Director and career coach in CPD, has been working with international students for the last six years. We checked in with him to learn more about what international students should know about working in the U.S. after business school.”

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