AAPBS e Newsletter June 2015 Draft...

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June, 2015

PRESIDENT’S MESSAGE

Dear Deans, Members and Schools, Firstly “terima kasih” (thank you) to the Deans and all the staff of our co‐hosts for the memorable and wonderful 2015 Academic Conference in Bali ‐ Prasetiya Mulya Business School and The School of Business and Management Institut Teknologi Bandung. As I said at the time, three words easily summarise the Conference – FAMILY, HOT, INSIGHTFUL.

The presentations we heard and the discussions we participated in helped us to better understand what sustainability really means for AAPBS and our member schools.

It means getting the balance right in:

Encouraging greater collaboration amongst our business schools, our Academics and our Students through our Working Groups, our surveys, our conferences with themes and sharing Asia ‐Pacific case studies that are AAPBS specific delivered by AAPBS members and their students;

Celebrating, sustaining and sharing our own traditions, cultures and values;

Being proud of our achievements and the progress we’re making with the introduction of new initiatives such as

the Working Groups and the AAPBS Asia‐Pacific BizSchool Finder;

Providing professional and consistent support to our members through the AAPBS Secretariat Office; and

Providing transparent and fair governance from AAPBS Executive and Council.

And, importantly, it’s about giving you value and what you – our members – really want. In fact, the Conference reinforces what we already know ‐ AAPBS is about its members, it is truly “members serving members”.

We have a better understanding of collaboration, sustainability and inclusivity ‐ but it has also opened discussions and raised many questions on matters that will take time for AAPBS to take on board and which won’t simply happen overnight – matters that will require careful consideration by Council.

I am enthusiastic about the new initiatives we have started such as our Membership Survey, our new members Entry Survey – but we do need to collaborate more and improve our communications, services and benefits to you, our members. I was impressed with your new ideas ‐ for example running a student case competition attached to the conference, inviting AAPBS members to formally present and share their experiences on topics relevant to us; and encouraging more widely more informal “networking” sessions at our conferences. But particularly the exciting and innovative proposal by Professor Kimura of an “overseas programme week for the students of AAPBS members business schools” with global webinar classes at the Lunar New Year creates an administrative challenge but one that I hope we embrace.

If there is anyone who would like to volunteer to coordinate and help manage this at a business school, please contact me.

And I am proud of being the President of an Association that has “heart” in wanting to help our less‐fortunate colleagues in Nepal by providing a supply of mobile phone solar chargers. If you/your school want to make a donation please let us know.

This month, I welcome Dean Pasu Decharin from Chulalongkorn Business School, Thailand to the Executive Committee and extend a very warm welcome to our two new members: ITB School of Business, Institut Teknologi Brunei, Indonesia and Kyushu University Business School (The Department of Business and Technology Management, Graduate School of Economics) in Japan to AAPBS.

Chulalongkorn University and Sasin Graduate Institute of Business Administration our co‐hosts for our 2015 AAPBS Annual Meeting in Phuket, Thailand on 18 ‐20 November promise to continue these discussions and ideas when we broach driving social innovation through public‐private partnerships. I’m looking forward to it!

Regards

Professor George L Benwell President, AAPBS Dean, Otago Business School University of Otago New Zealand

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June, 2015

>> Detail AGENDA is available at http://aapbs.org/news/news.html?tname=notice&mode=view&idx=139&page=1&key=&keystring=&virtual=134

>> FOR MORE INFOMRATION ABOUT CASE TEACHING & WRITING WORKSHOP AND TO REGISTER NOW go to:

www.cbs.chula.ac.th/aapbscase2015

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June, 2015

2015 CASE TEACHING & WRITING WORKSHOP WELCOME MESSAGE

AAPBS Case Teaching and Writing Workshop Chulalongkorn Business School I am pleased to invite you and your colleagues to attend the AAPBS Case Teaching & Writing Workshop to be held at Chulalongkorn Business School, on July 2‐3, 2015. Case teaching method is a powerful learning tool that provides a rich basis for developing students’ critical and analytical skills. Well‐written case studies, when brought into classroom effectively can immerse students into realistic business situations and enhance their learning experiences. The essence of effective case teaching method includes a case study, a class and a skillful instructor to guide classroom discussion. Case Teaching and Writing Workshop is integrated and hands‐on. It will focus on creating a stimulating learning environment, planning and executing successful case discussions, preparing for case writing and data collection, writing a case and developing a teaching note. Participants will have an opportunity to explore concepts and techniques behind creative case teaching and writing, practise case teaching and writing, and network and exchange ideas with colleagues and experts.

The Workshop will be led by Professor Shih‐Fen S. Chen, a highly experienced and internationally renowned case method tutor from Ivey Business School. To register for the Workshop, please visit www.cbs.chula.ac.th/aapbscase2015 or contact inter‐[email protected] We look forward to welcoming you in July in BANGKOK.

Associate Professor Pasu Decharin, Ph.D. Dean, Chulalongkorn Business School

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June, 2015

2015 ANNUAL MEETING WELCOME MESSAGE

Dear AAPBS Members,

It is our privilege to cordially invite you to the 2015 AAPBS

Annual Meeting, co‐hosted by Chulalongkorn Business

School and the Sasin Graduate Institute of Business

Administration of Chulalongkorn University. This year’s

event will be held on November 18‐20, 2015 at Sasabhumi

International Learning Center (SILC) at Phuket, Thailand.

The theme of this year’s meeting is “Driving Social

Innovation through Public and Private Partnership.”

The world of higher education has an important role to play

in shaping social developments. Academic institutions make

valuable contributions to this project by creating and

disseminating knowledge and fresh ideas, but this mission

requires cooperation among those schools and their allies in

the private and public sectors. The upcoming AAPBS

meeting provides a platform for our diverse stakeholders to

share their insights and experience related to this vital topic.

We hope that the fruitful discussions will create new

avenues for innovative business education that benefits our

students, the public and private sectors, and society as a

whole.

Please join us in “The Land of Smiles” where, together, we

will help advance a new educational landscape and make a

meaningful difference for our world.

Sincerely,

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June, 2015

AAPBS Secretariat Announcement WHAT’S NEW PowerPoint presentation slides and photos from our May 2015 Academic Conference are now on our website. http://aapbs.org/news/news.html Also, we recently created a new emaill account for eNewsletter.Please send us your articles to

[email protected] MEMBERSHIP RECEIPTS 2015 Thank you for your continued support of AAPBS.

We sent the membership receipts via post end of May.

If you have any questions, please contact us at

[email protected]

PLEASE add AAPBS LOGO on your Website Please visit below to download http://www.aapbs.org/news/news.html?tname=notice&mode=view&idx=129&page=1&key=&keystring=&virtual=124

MEMBERSHIP DIRECTORY 2015 Take a few minutes to review the current entry we have for

your organization which will appear in the membership

directory 2015.

HOW TO: Visit http://www.aapbs.org and select Members’

Resources. If you have forgotten your ID or password,

please contact [email protected]

AAPBS MEMBERSHIP We want to actively encourage more institutions to join

AAPBS, so if you know of any institutions who you would like

to recommend, please send details to the AAPBS Secretariat

at [email protected]

PROPOSED CONSTITUTION CHANGES As President George Benwell announced at our May 2015 Academic Conference in Bali, changes to our Constitution are now necessary. The changes ensure the Association’s sustainability and support our strategic plans for membership and value.

The seven key proposed changes are to …

1. Formalise the normal and automatic annual increase of $50 USD to annual fees;

2. Formalise Distinguished Fellows; 3. Allow the President to serve a Presidential term of

more than 1 consecutive year; 4. Increase Council membership to 22 representative

institutions; 5. Formalize the active role of a Council member; 6. Allow amendments to the Constitution to be

formally voted in at meetings other than the Annual Meeting; and

7. Change the President’s term from the calendar year (Jan‐Dec) to the AAPBS financial year (Oct‐ Sept).

Next steps

In accordance with our current Constitution, proposed constitutional changes require Council endorsement before we ask you to approve an updated Constitution at our Annual Meeting in November 2015.

We’ll be contacting you later in the year and in the next issues of AAPBS e‐Newsletter to explain how and when you’ll be asked to vote for the proposed changes at our Annual Meeting in Phuket, Thailand.

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June, 2015

AAPBS Secretariat Announcement BUSINESS SCHOOL FINDER AAPBS led Asia‐Pacific Business School Finder

The influence of the Asia‐Pacific region is increasing globally.

AAPBS wants to be firmly established not only in the Asia‐Pacific BUT also globally.

Current ranking systems list results as league tables and/or by star rating, we believe there may be an opportunity for AAPBS to independently develop a different type of system aimed specifically for Asia‐Pacific business schools, students, employers and parents.

AAPBS was very interested to learn from you, YOUR views on current business school rankings in the Asia‐Pacific region.

Our Business School Rankings Survey was conducted during March 2015.

The results of our Survey told us that … ‐ 73% of the Survey respondents support the

notion of an AAPBS led Asia‐Pacific Business School Finder;

‐ who the audience should be; ‐ the criteria to be measured; and ‐ will help with the future development of the

“AAPBS Asia‐Pacific BizSchool Finder”.

Please go to our website for the [Business School Rankings – Executive Summary] http://aapbs.org/news/news.html?tname=notice&mode=view&idx=140&page=1&key=&keystring=&virtual=135

THE AAPBS ASIA‐PACIFIC BizSchool Finder – Next Steps

• Detailed research and analysis into the methodology and design, timing, costs, funding, branding and promotion.

• We hope to have a pilot available for YOU to test at the AAPBS Annual Meeting in November; and would like to “Go live” early in 2016.

In the meantime… seeing is believing! Please try the AAPBS Asia‐Pacific BizSchool Finder prototype by visiting:

https://poweredby.1000minds.com/AAPBS

Please note: This prototype includes some (but not all) AAPBS member schools and the criteria from the AAPBS Business Schools Ranking Survey. At this stage, the results produced by the AAPBS Asia‐Pacific BizSchool Finder are not for real (i.e. not valid or accurate) so an accurate listing of the schools according to a user’s preference is not yet possible. Nonetheless, this prototype will give you a feel for how the AAPBS Asia‐Pacific BizSchool Finder will work.

Read more about the AAPBS Asia‐Pacific BizSchool Finder … http://aapbs.org/news/surveys.html

WHAT’S BUSINESS SCHOOL FINDER

The product

AAPBS Asia‐Pacific BizSchool Finder (hereinafter simply ‘BizSchool Finder’) is an online tool for helping principally students, but also their parents, teachers and academic advisers, to match the approximately 115 AAPBS member business schools with the things that matter to them personally when choosing business schools. Here is a screenshot from our prototype introduced on the next page.

Benefits

BizSchool Finder serves as a gateway for students to AAPBS member business schools. By improving AAPBS’s relevance to students (i.e. in addition to AAPBS’s relevance to its business school members), new students are attracted to AAPBS business schools. BizSchool Finder also channels students, including exchange students, towards AAPBS

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June, 2015

AAPBS Secretariat Announcement BUSINESS SCHOOL FINDER (CONT.) business schools they might not have otherwise considered (e.g. schools outside their geographic region). BizSchool Finder adds value to academic adviser services – such as at high schools and also schools liaison and course advisers at AAPBS business schools – in the sense that when students meet with them they are prepared as to where they might be interested in studying (and so course advice can be more closely tailored to each student’s individual needs). In contrast to the lags with printed material, BizSchool Finder enables (online) information about AAPBS business schools to be easily kept up‐to‐date. Employers, industry, government agencies and job‐seeking academics are also likely to be interested in the rankings produced by BizSchool Finder, and also in the data generated (see next section). Q: Why are BizSchool Finder’s personalized rankings of AAPBS member business schools of value to students (and their parents and advisers)? A: Because deciding what type of business degree to study and where to study it – i.e. choosing a business school – is one of the most important decisions a person can make in his or her lifetime. You can’t get the time or the fees back if you make the wrong decision.

Marketing research data

BizSchool Finder also operates automatically as a tool for conducting marketing research, known as ‘Conjoint

Analysis’, 1 whereby users’ preferences concerning what matters most to them when choosing business schools are revealed in real time. This information, as well as usage statistics, is available to AAPBS in a monthly spreadsheet and a detailed annual report. Q: Why is information about users’ preferences concerning what is important to them when choosing business schools of value to AAPBS and its members? A: This information is very useful for marketing and course design purposes and can feed into both AAPBS’s and individual business school’s strategic planning. Alternative means for collecting such information usually requires paying survey participants and complicated data analysis. Instead participants using BizSchool Finder volunteer their information freely and the software analyses it automatically.

Prototype

Seeing is believing! Please try the BizSchool Finder prototype we created by visiting (clicking): https://poweredby.1000minds.com/AAPBS This prototype includes AAPBS’s 115 schools and 13 criteria we were provided with that emerged from the AAPBS Business Schools Ranking Survey to AAPBS members that closed on 31 March 2015. Please note that the 115 schools have not been characterized on the 13 criteria (this will be done when the 1See

http://en.wikipedia.org/wiki/Conjoint_analysis_(marketing)

project proceeds), and so an accurate rankings of the schools according to a user’s preference is not yet possible. Nonetheless, this prototype will give you a feel for how BizSchool Finder works. Is YOUR business school interested? We’d like to hear from you if your business school is interested, please let us know by emailing to [email protected]

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June, 2015

AAPBS Secretariat Announcement WORKING GROUP UPDATE President George Benwell provided the following Working Group (WG) update to Council at the recent Academic Conference in Bali: “All WGs are continuing with their Group’s key activities identified at the 2014 Annual Meeting in Beppu, Japan and in accordance with their ToRs. In particular, we have already seen the value of the WGs to AAPBS with the results from WG7’s Membership Survey allowing AAPBS to review processes, communications and marketing material and establish a precedent in the Survey’s format and timing for future years to provide a valuable insight into what members think and need and to encourage new members. WG1 are organising two Case workshops this year in July and October, while members of WG4 are busy writing essays on cross cultural leadership for sharing with AAPBS members only on the members’ page of the AAPBS website. For other WGs it is accepted that their tasks will be delivered over time. We are currently developing the information we publish about Working Groups on the AAPBS website

providing more information about the WGs and their ToRs, Group Members (including photos and how to contact Chairs. We are using our bi‐monthly e‐Newsletter more widely to share WG information and provide updates with members as required. We have welcomed a new Chair to WG3 – Research ‐ Dean Donghoon Kim from Yonsei University, Korea and thanked the out‐going Chair ‐ Professor Young‐Ryeol Park (also from Yonsei University ‐ for his contribution in the development and establishment of WG3. WG Chairs know they’re expected to be in regular contact with their WG members (either by email and/or Skype meetings) to ensure tasks are proceeding according to plan, generating new ides etc. For WGs to deliver and to report to the President, WG Chairs have to work closely with their WG members throughout the year and liaise with them independently between the May Academic Conference and the November Annual Meeting, which may be simply by email or the format that best suits the Chair/WG members. WGs are generally expected to meet at least four times a year. Although a formal presentation is not required, the Academic Conference allows WG Chairs and their Group Members to meet informally in person (if required) ‐ with an extended invitation to interested conference attendees. Formal presentations by WG Chairs will be expected at the November Annual Meeting and an extended Roundtable Discussion as for last year is planned.

At this year’s Academic Conference (1) we asked for ideas/suggestions on the preferred format for WGs at the Annual Meeting in November to help us with our planning and to ensure WGs make the most of their time together; and (2) we also provided the opportunity for members to let us know if they’re interested in joining a WG of their choice. At all times, we appreciate that being a WG Chair is a voluntary role alongside your busy, day‐to‐day professional role and we thank all WG Chairs for their continued support and look forward to the good work they and their WGs are delivering and will deliver for AAPBS and to its members.” President George L Benwell – President AAPBS (13 May 2015, AAPBS Academic Conference ‐ Bali) Would you like to join a Working Group? Our Working Groups are always looking for additional members. In particular, we’re interested in new members joining WG 3 ‐ Research. Choose from our seven Working Groups: • WG1 Case Center • WG2 MBA Connection • WG3 Research • WG4 Cross‐Cultural Leadership • WG5 Internship • WG6 Collaborative Curriculum • WG7 Membership Please contact us or the WG Chair and for more information about Working Groups go to

http://aapbs.org/conferences/workinggroups.html

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June, 2015

AAPBS ACADEMIC CONFERENCE 2015 hosted by Prasetiya Mulya Business School and SBM ITB, BALI

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June, 2015

AAPBS ACADEMIC CONFERENCE 2015 FEEDBACK

ANDREW CRISP From gong to gong, the 2015 AAPBS Academic Conference

was filled with interesting content on sustainability and

inclusivity from both the academic and corporate

perspective. Whether it was the historic involvement of the

Dutch East India Company in the region or the modern day

activities of Chevron, both played a part in shedding light on

where sustainability had come from and where it might be

heading in the future.

Among many excellent presentations, the words of

Professor Dijsman Simandjuntak from Prasetiya Mulya

Business School summed up the event when he commented

that, “Without access to education, inclusivity is an

oxymoron”.

With the conference taking place in the fabulous location of

Bali, it was appropriate to hear about the specific experience

of investing in inclusive and sustainable development across

Indonesia. With references to both the strategic and policy

aspects of sustainability elsewhere during the conference,

the presentation from Chevron provided an insight in to

what sustainability means in practical terms from one of the

world’s largest oil companies.

Further practical examples came from Chulalongkorn

Business School in Thailand with examples of student

involvement in local agricultural projects for the Sichuan

Pepper and Indian Marsh Fleabane as well as the

development of the Social Innovation Centre.

Add to all of this a fascinating first view of the AAPBS Asia‐

Pacific BizSchool Finder. However, what completed the

event was the wonderful hospitality of our hosts, their

friendliness and the welcome they gave to us all which will

be long remembered and leaves us looking forward to the

next AAPBS conference in Phuket, Thailand in November

2015.

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June, 2015


Ryuji Konishi Professor, APU Before arriving at Denpasar via SG in the evening of May 13th and attending the conference at the Grand Nikko, my thoughts about this trip was a bit in disarray. On the one hand, there was a sense of uneasiness in my mind if the conference could well deserve my toughest round trip between TKY and Bali, a trip of four days altogether but for only two‐night‐stay. On the other hand, I was in a mood of slight discouragement that, because of my minor heart surgery taken a couple years ago, I should not even think of an extra time to enjoy pleasure of scuba diving despite the fact that this was my first time visit to Bali, aspired paradise for any class of divers. However, as the conference once opened and went on, the above mentioned disarray in my mind started disappearing.

I found in not a few presentations the main theme of this conference “Sustainability and Inclusiveness” were well construed and implanted into arguments. Although presentations by local authorities in the first session were no more than simply describing difficulties and confrontations generally recognized in‐between development and sustainability, Prof. Simandjuntak’s kick‐off speech in his chairing the session had seemingly set the pace of the conference. He demonstrated “Inclusivity” in many respects in human societies is the central and essential forth for both of Development and Sustainability. This notion, I do believe, is very important, because a system of capitalism, or whatever you may call it, which as a new societal platform the promised Asia‐Pacific region should rebuild or newly build within the coming two to three decades must be different from today’s “Capitalism”. We need to overcome failures and defects of the current system typically amplified by the US Market Capitalism. The US Market Capitalism is a product of naiveté adoption of the modern economic theory and of its insistence to the stereotype “Market System” in which businesses are supposed to more or less behave based on notion of illusive rationality, competition and division between Internality and Externality. Our new interpretation and understanding about Inclusivity should not be a mere expansion into otherwise traditionally excluded area as “Externality” Ideally, there should no longer be any delineation or division between Internality and Externality for the future societal platform where businesses and individuals shoul play. Although the US themselves seemingly started remodeling

their Capitalism, represented by such arguments as in the book “ Capitalism at Risk” by Joe Bower et al, it should be us, Asia‐pacific academicians and businesses who can and must lead the new wave of Capitalism, by definitely not following defect path paved by US. The second session was also well chaired by Prof. Betty Chung, who had taken an initiative to set the main theme ““Asian Values under Globalization” for the 10th Annual Conference in last Nov. must have also been one of the figures who set the main theme of this conference, which looks to me to be in line with and in the extension of the philosophy and concept Dr. Komiyama, former president of Univ. of Tokyo, presented in the last Nov, Annual Conference. Although interpretation by the presenters of this session about the main theme they claimed they had put into their practice tended to be dispersed, the one made by Mr. Yuniarto, former Schulumberger person, was quite articulate and persuasive. He sounded to me one of a desirable type of business persons we should more find and nurture in coming future. The third session and the fourth made it clearly surfaced up how it is important for us, Asia‐Pacific business school people, to hurriedly set a unified goal, to share the best practice of business education in regards of consolidating into a single platform this conference main theme “ Sustainability and Inclusivity”, which is “easy to say, but difficult to materialize” and thereby systematic business education to this effect is more important than anything !

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June, 2015

Toward the end of the conference, I had become much convinced that this conference well deserved my labour even without a pleasure of blue underwater and colorful fishes. By the way, trying to utilize my much limited time in Bali before I had to rush to the airport, I had a limousine‐guided tour immediately after closing, but only to realize and to witness realities in developing Bali. I could not enjoy almost anything of Bali’s historical treasures because of heavy traffic jam very common and normal in developing areas. Alas! To the last, but not the least, I extend my best of appreciation to Dean, Wintoro, all of his school staff, and all of the AAPBS Secretariat Office as well. Ryuji Konishi Visiting Professor, Ritsumeikan APU Co‐Chair, Business School Accreditation Committee, JUAA


Keng‐Yu Ho, Professor Department of Finance, National Taiwan University (NTU) The 2015 AAPBS Academic Conference is held in Nusa Dua, Bali, Indonesia from May 13‐15, co‐hosted by Prasetiya Mulya Business School, Jakarta and ITB School of Business and Management, Bandung. There are more than 80 attendees from various countries, including 4 faculty members from NTU, led by Professor Ruey‐Shan Andy Kuo, Dean of College of Management. All participants seek to discuss academic collaboration on international business. During the opening remark, Professor George L. Benwell, President of AAPBS, welcomes all the participants and affirms the Academic Conference of AAPBS is a successful platform for business and academic collaboration. He also addresses 3 main directions for the association in the next decade: (i) reputation, (ii) friendship, and (iii) expansion. Professor Djoko Wintoro, Dean of Prasetiya Mulya Business

School expresses his appreciation on all the attendees and hope ideas and experiences can be fully exchanged during the conference. The major theme of this year’s academic conference is inclusivity and sustainability. In depth discussions cover inclusivity and sustainability in various aspects, including government, industrial business, and school. I believe this topic is very improtant nowadays. In the past decade, many countries over the world face severe problem on income inequality. Such trend can be attributable to globalization, technology improvement, and decline in bargaining power of labor. After the breakout of the 2008 financial crisis, in particular, world economy and industrial structure change systematically, and many governments begin to realize the impact of income inequality on economic growth. As a result, they start to urge policies of inclusive and sustainable growth. Looking into the near future, traditional GDP growth itself is no longer the only measure of success; instead, the society requires more fairness and justice. With inclusivity, people can enjoy sustainable development. This is the first time I participate in the AAPBS event, and I find it very fruitful. To me, it is great fun to share ideas on academic collaboration with faculties from the AAPBS member schools. Furthermore, with Professor Kuo, Dean of College of Management, NTU, now serving us the Vice President and President Elected of AAPBS, it is foreseen that NTU will fully devote to the future development of the association.

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June, 2015

Please congratulate our new members!

ITB School of Business (ITB) was established in 1986 and

offered HND programmes. In 2008, ITB has been upgraded

to a university status. ITB School of Business is the single

academic unit within ITB that offers business degree

programs since 2010. It is a state institution. Since 2008, this

School was known as Business Department under the

Faculty of Business and Computing. In 2014, the faculty split

and Business Department becomes known as ITB School of

Business. To upgrade its quality, ITB School of Business is

currently working on improving its overall teaching and

research profile so as to contribute to the ITB’s vision of

being ranked among top ten universities in South East Asia.

Accrediting all the programs in ITB is one of our strategic

goals in achieving our vision. Towards accreditation, this

school becomes a member of AACSB in May 2014.

Our School offers Masters by Research and PhD, as well as

six undergraduate programs including:

Bachelor of Business (Hons) in Business Information

Systems,

Bachelor of Business (Hons) in Finance and e‐

Business,

Bachelor of Business (Hons) in Marketing and

Information Systems,

Bachelor of Business (Hons) in Accounting and

Information Systems,

Bachelor of Business (Hons) in Applied Economics

and Finance, and

Bachelor of Business (Hons) in Technology

Management

Our modules are also multi‐disciplines. Our students have

the opportunity to take electives modules from Faculty of

Engineering and School of Computing and Informatics

disciplines. We also have mobile modules whereby our

students are taught by other local universities.

ITB Vision

“To be amongst the best 10 universities for Engineering and

Technology in Southeast Asia by 2018”

ITB School of Business’s Mission

“To nurture future leaders with innovative ideas and ethical

values through strategic partnerships in the fields of

business and technology towards nation building”

For additional information, please refer to the following link:

http://www.itb.edu.bn/academic/sb/

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June, 2015

Please congratulate our new members!

Kyushu University Business School, Japan Delighted to join AAPBS! Kyushu University Business School (officially, The Department of Business and Technology Management, Graduate School of Economics) was founded in April, 2003 in Fukuoka as the first business school in Kyushu, Japan. It was also the first business school from 7 core national universities in Japan. It also is first AAPBS member from Japanese national university based business schools. Kyushu University Business School is called “QBS” and is one of the representative business schools in Japan. QBS has about 20 faculties and 45 students per year, therefore 90 students for 2 years. QBS offers courses during the evenings of weekdays and Saturdays. QBS produced 463 MBAs as of the end of belMarch, 2015. QBS has two semesters per year. Spring semesters start from the beginning of April and end in the beginning of August. Fall semesters start from the end of September and end in the beginning of February. During the summer holidays in August and September as well as the spring holidays in February and March, many extracurricular events such as study tours and business plan contests are held.

Since QBS is a school of Kyushu University which is multi‐school university, QBS has faculties from various graduate schools, including Graduate School of Economics, Law, Engineering, Language & Cultures and others. More than 90% of the students are business people working during the day time. The average age of them are normally between 32‐36 years old and they have abundant working experiences. The female students are 10‐20% and the students with scientific education at the university level are about 20—30%. QBS currently has 13 partnerships with the major business schools in Asia including 10 in China, 2 in Thailand and 1 in Korea. Our partner schools in China include Nanjing University, Beijing University, Renmin University, Northeastern University, Dalian University of Technology, Dongbei University of Finance and Economy, Jilin University as well as Fudan University, Shanghai Jiaotong University and Zhejiang University which are already AAPBS members. Our partners in Thailand, Chulalongkorn and Thammasat and our partner in Korea, KAIST Business School are also the existing AAPBS members. QBS has been delighted to receive 10‐12 exchange students per year from our 13 partner schools. QBS has been visiting partner schools twice per year since 2004. QBS visited Zhejiang University in Sep. 2014 and Chulalongkorn University in March 2015 as study tour. QBS believes exchanging views with the MBA students of the partner schools make our MBA students discover the real Asia and make the possibility of their future business activity in Asia larger.

QBS has been welcoming professors from our Asian partner schools to teach “Asian Business Strategy” at QBS. QBS has received professors from Zhejiang University, Fudan University, Northeastern University, Nanjing University, Dalian University of Finance & Economy, Dalian University of Technology, KAIST Business School, Chulalongkorn University and others. Most of the courses are taught in Japanese but about 6‐7 courses are taught in English for QBS students and the incoming exchange students. Incoming exchange students can take not only QBS courses but also Japanese language courses and Japan in Today’s World (JTW) courses offered in English by Kyushu University. At the 1st semester, QBS MBA students are required to take 5 compulsory courses and another for next semester. During 2nd year, the students have to choose either writing a theses, going as exchange students to Asian partner schools for a semester or taking 10 courses (20 credits). QBS focuses not only on general MBA but also on Asian business and Management of Technology (MOT). QBS was found to produce business leaders who can be active in growing Asian market based on the proper understanding of the technology management. By the management of structural changes currently taking place in Asia, QBS wants to produce Asian leaders who can create and maximize the enterprise value they are concerned. QBS has a short executive program for the executives of Kyushu companies. QBS has also OB/OG network called QAN (QBS Alumni Network) which is actively communicating each other. For more information, please refer to the following homepage. http://qbs.kyushu‐u.ac.jp/

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June, 2015

Kyushu University Business School, Japan QUESTIONS FROM AAPBS

1. Why does your institution want to

become a member of AAPBS?

Since the establishment of QBS in 2003, one of our focuses is

Asian Business management. We have developed relations

with 13 partner business schools in Asia, and about half of

them are AAPBS members. We would like to expand our

Asian network further through AAPBS activities.

2. How did your institution learn about

AAPBS?

At the request of the former professor of QBS and the

current committee member of JUAA, QBS sent professor

Nagata of QBS to attend the AAPBS seminar held in Oita,

Japan in Nov. 2014. QBS learned that AAPBS is a great

organization which is critical for the development of the

business schools in Asia pacific.

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June, 2015

Program Description: KAIST College of Business’ “Doing Business in Korea” offers an

exceptional opportunity to experience a hands on education

to understand Korean business culture and gain sight to doing

business in Asia. One of the most dynamic countries in the

world, South Korea has emerged from a chaotic history, and

has rightfully ascended the ladder to become a world power.

South Korea’s transition from poverty to riches is one of the

modern civilization’s most inspirational stories. This program

allows participants to freely interact, network and develop

business insight and relationships with Korean business

leaders and other senior managers from around the world.

Program Benefits: Understand Korea’s exciting historical. Cultural and

economic forces that affect global business. Build a

foundation to understand how culture impacts Asian

management practices.

Gain lessons learned from Korea’s economic

transformation. “The Miracle Story.” A nation of poverty

to today’s 19th largest economy in less than 50 years.

Develop management strategies specific to doing

business in Asia.

Experience and view Korea’s major Korean and multi‐

national industries through company site visit and guest

lectures (Samsung, LG Electronics, Doosan, DSME,

McKinsey & Company, GM Korea, CJ, etc.)

Gain insight from case analysis to identify business

opportunities in Korea and Asia.

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June, 2015

Research that Matters Muslims at Work in New Zealand Summit The Muslims at Work in New Zealand Stakeholder Summit, held on

1 April 2015, was the inaugural event of a new Auckland University

of Technology (AUT) research group – Immigration and Inclusion –

led by the AUT Business School’s Professor Edwina Pio, New

Zealand’s first professor of diversity.

The research group is devoted to the promotion of a richer and

more sophisticated understanding of immigration and work. It

focuses on how immigrants, including refugees, navigate the world

of work and will examine immigrant entrepreneurship and the

impact of immigration on diasporas.

The Muslims at Work summit, supported by the Office of Ethnic

Communities, the Human Rights Commission and the NZ Police,

attracted HR professionals, managers, public sector leaders and

community stakeholders interested in improving their

understanding of, and provision for, the growing Muslim workforce

in New Zealand.

Dr Jackie Blue, New Zealand’s Equal Employment Commissioner

opened the summit by speaking on how organizations can seek to

incorporate religion in their workplaces. Further topics covered at

the summit included the Muslim concept of work, what work

success means to Muslims and the experience of Muslim women in

the workplace.

Professor Pio said, “The summit aims to dispel myths, shed light on

the Islamic culture and create understanding of the diversity within

our Muslim workforce. Muslims in New Zealand have a lot in

common but are a very diverse group that crosses the spectrum of

socio economic status, skills and education. By sharing information

and research we want to encourage delegates to promote

understanding and positive change at an individual, organizational

and national level.”

Round table discussion at the Muslims at Work Summit

Entrepreneurship Symposium Experienced and emerging entrepreneurs, researchers and

business leaders gathered to share their entrepreneurship

expertise at a symposium presented by the AUT Business School

Management Department, in partnership with the Entrepreneurs’

Organization, on 15 April 2015. Head of Department, Professor

Stephen Teo, noted that the symposium focus was on “sharing

knowledge and creating connections between those who work,

research and teach in this field.”

Keynote speakers were the AUT Business School’s Professor of

Entrepreneurship, Trish Corner (“Research into entrepreneurial

processes: start up and failure”), the award‐winning New Zealand

engineering entrepreneur Bill Buckley (who spoke on

entrepreneurial resilience), and Professor Norris Krueger from the

School of Advanced Studies, University of Phoenix and

Entrepreneurship Northwest (‘Growing the mind‐set of an expert

entrepreneur and how to nurture a healthy entrepreneurial

ecosystem”).

The Entrepreneurs’ Organization Auckland spokesman, James

McGlinn, commented that “The Entrepreneurs’ Organization is

proud to partner with AUT to deliver the inaugural

Entrepreneurship Symposium. Entrepreneurship today takes many

forms beyond the purely commercial; the symposium facilitated

experience sharing and learning to benefit entrepreneurs across

new ventures of all kinds.”

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June, 2015

Pioneer in shaping socially aware leaders, Dr. Balatbat wins teaching excellence award

Dr. Maria Balatbat, a senior accounting lecturer who teaches reporting for climate change and sustainability, has been recognized for nurturing social and environmental awareness among future leaders. ContentsThe Joint‐Director of the Centre for Energy and Environmental Markets (CEEM) was awarded UNSW Business School’s first “UN PRME Excellence in Teaching” award – for her work on ethical and responsible decision‐making in organizations.

“Maria stood out due to her impressive track record and strong links with industry – she has been a pioneer in teaching sustainability reporting well before the Business School became a signatory to the ‘Principles of Responsible Management Education’ (PRME). Content from her course has been replicated in other undergraduate courses and adapted by other institutions, further amplifying the impact of her work” said Shanil Samarakoon, Learning and Teaching Advisor & Coordinator of the PRME Community of Practice. “Sustainability reporting goes beyond traditional financial reporting where shareholders are the primary users – it takes into account needs of wider stakeholders such as employees, community, government and the environment,” Dr. Balatbat explains, “the underlying point is that an organization also reports performance on its non‐financial aspects such as greenhouse gas emissions, waste and water management, occupational health and safety, product safety and so forth with the view to improve their performance on these aspects.” “The world is observing some megatrends that will disrupt businesses in unpredictable ways such as climate change and resource scarcity. It’s thus vital for businesses to evaluate these impacts to transform their businesses in a timely manner to remain competitive.” The United Nations established the Principles for Responsible Management Education (PRME) in 2007 to promote the nurturing of future leaders who will not only look at the profit bottom line, but a triple bottom line of profits, people and planet in their decision making for the sustainability of our planet. UNSW Business School has been a signatory to UN PRME since 2010, joining 500 leading business schools from over 80 countries, and is committed to making sustainability and responsibility a cornerstone of its activities.

The School has several annual teaching awards. The “UN PRME Excellence in Teaching” award was introduced in Semester 1, 2015 by the Learning and Teaching team in UNSW Business School. LinkedIn reveals UNSW grads are the top choice for the 30 most desired employers in Australia

LinkedIn unveiled Australia’s 30 most in‐demand employers for 2015 and along with the results, they also revealed these highly sought‐after employers hired graduates from UNSW Australia more than any other university.

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June, 2015

You can discover some of LinkedIn’s findings in their info‐graphic and in this link. Preparing Leaders for Global Challenges: AGSM MBA International Field Study

As part of an ongoing commitment to delivering programs with a strong international focus, AGSM MBA Programs is expanding international field study options to include three study tours in 2015. The International Business Experience (IBE) course, an alternative to International Business, and a foundation course in the MBA (Executive,) gives participants a chance to immerse themselves in

the diversity, local culture and business landscape of other regions. “Participants experience the color and movement of these cultures, something that simply can’t be learnt in a classroom” says IBE Course Facilitator, Tim Harcourt. In 2014, participants toured Japan and South Korea, two economic giants with unique business and cultural dimensions. “Participants were addressed by prominent business and political figures, including the Australian Ambassador and senior leaders from Shinhan Financial Group, POSCO and Hyundai in South Korea” says Tim. The Japanese leg of the tour was supported and coordinated by cross‐cultural marketing consultancy, Doq who’s extensive regional knowledge enabled the students to meet with a broad range of organizations and leaders. “In Japan, we met with the Bank of Japan, Rabobank, law firm White and Case, along with Australia’s Senior Trade Commissioner, who discussed the influence of Abenomics” says Tim. “Leading advertising agency, Dentsu, offered insight into the Japanese consumer and eyewear retailer, J!NS, demonstrated how a unique product can be built in a short amount of time.” Key speakers on this tour included:

Bill Paterson, Ambassador to Republic of Korea Mr Sung Hun Yu, Shinhan Financial Group Kazuhide Tanaka, Rabobank Mangyo Kinoshita and Jun Osami, White & Case LLP Takayuki Tomioka and Kana Takeyama, Dentsu Inc. Akira Matsu, J!NS Eyewear

The 2015 tours will focus on regions with strong emerging economies in Asia and Latin America, including Brazil, the world’s fifth largest economy and Chile, a strong emerging economy.

The program is two‐tiered; a local classroom unit to prepare and give context, and an overseas field study unit, blending classroom activities with experiential learning in environments that are culturally, physically and institutionally diverse. Beyond business knowledge and tools, the program offers a personal development experience to help students become truly cosmopolitan leaders. “There is no better way to experience the cultural and social contexts that influence how businesses operate abroad, than to visit one of the destination countries. The AGSM international study tours enrich the MBA experience, broaden one’s perspective and create lasting memories" says past participant, Sean Andrews. To find out more about the International Business Experience program and how you can get involved, contact AGSM MBA’s Global Partnerships Coordinator, Lisa Barrett. AGSM graduate revolutionises the car radio experience

In mid‐2013, Phil Hayes‐St Clair was driving home from his daughter’s music lesson when a radio promo for Bon Jovi concert tickets caught his attention.

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June, 2015

“I knew my wife would love it, but I also knew I’d never remember in a million years the content of that ad,” recalls the AGSM MBA graduate. “It just got me thinking: surely I can’t be the only person to have this problem.” Hayes‐St Clair’s response was to come up with AirShr ‐ a mobile technology that allows radio listeners anywhere in the world to save, share or buy anything directly from radio. “It’s a way to remember something you love at a moment’s notice,” says the 37‐year‐old. “You can be driving along and hear something on the radio ‐ music, news, talk, a commercial, anything – that for whatever reason piques your interest and you decide you’d love to do something with it, whether it be share a funny segment, take advantage of a deal or download a song. All of these things are normally difficult to do while you’re driving.” Due for official launch in Australia in two‐months, AirShr will be available free from the Apple App Store and Google Play and can be used anywhere radio is playing. A small bluetooth remote that accompanies the smartphone app has also been developed for in‐car use. “When you hear something you love, simply push the bluetooth remote once,” he explains. “That sends a signal to your phone to take a brief recording of the ambient sound in the car. We match this sound with a vast array of radio streams to identify the station and the content you heard. This takes a matter of seconds, but we only send you back the digital reminder of that content so you can re‐live those radio moments once you get out of the car. This to ensure you won’t be distracted by your phone while you’re driving.

We also built a passenger mode to allow people who aren’t driving to AirShr moments from within the app.” Hayes‐St Clair completed his MBA full‐time in 2013 after leaving his investment management career to concentrate on becoming a first‐time parent. Of all the aspects of his MBA experience, he pinpoints the program’s International Business in Asia component as the most significant. During a three‐city visit to China as part of the subject, he took advantage of an unexpected opportunity to casually pitch the AirShr concept to General Motors in Shanghai. “With just an idea and no actual technology, I pitched it as though it was real,” he recalls. “Two‐weeks later I was speaking to the head of GM’s global telematics division, who said, ‘I hear you’ve got a really interesting idea’. That call effectively provided the first indication that the idea had merit. It inspired me to think differently about whether we could do something with AirShr. That was really the start of it.” To find out more about the AGSM MBA Programs visit our website.

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June, 2015

CFVG host Atlas/AFMI 5th Annual conference

Hanoi, May 12 ‐ 14, 2015

During May 12‐14, 2015, the French Vietnamese Center for

Management Education (CFVG) in coordination with and the

National Economics University (NEU) and Atlas ‐ Association

Francophone de Management International (Atlas‐AFMI),

successfully held the 5th ATLAS‐AFMI Annual conference on

“Transitions and international management” in Hanoi. The

conference welcome about 150 attendees, with 120

attendees coming from various French‐Speaking nations,

including France, Belgium, Australia, Madagascar, Canada,

Angieri….This conference consists of 30 workshops

discussing nearly 100 research papers, 2 poster sessions for

PhD students, and plenary sessions in which international

and Vietnamese scholars share and discuss their new

research findings on the related topics.

During the 3 days of conference, the participants attended a

dinner reception at the French Embassy in Hanoi, a cocktail

visit to the Temple Literature and authentic traditional

dinner at Mme Hien restaurant.

Hosted in the heart of Southeast Asia, the conference

encourages more “connections” with other ASEAN partn

ers and also, with other countries in the Asia‐Pacific region,

like Japan and Australia. This provides an opportunity to

emphasize a regional approach to the “transitions” theme.

About Atlas/AFMI

Atlas/AFMI association was created in the fall of 2008,

as the initiative of a group of professors in

International Management, the co‐

authors of “The Paradoxes of Globalization” (Vuibert, 20

09; Palgrave Macmillan, 2010).

Currently, Atlas/AFMI geographically includes research

teams in France (Aix‐en‐Provence, Lyon, Nice, Paris, Pau,

Poitiers, Rennes, Toulouse, etc.) and in other French

speaking countries (Madagascar, Morocco, Quebec,

Switzerland, Tunisia, Vietnam, etc.). It is also developing

networks open to non‐ French‐speaking researchers and

research teams (in Argentina, Australia, Brazil, China, India,

Italy, Japan, Germany, United Kingdom, etc.).

Roundtable

Discussion session

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June, 2015

XLRI Hosts 2nd Business Ethics Conference XLRI in collaboration with XLRI Alumni (Mumbai Chapter) organised the 2nd Business Ethics Conference in Mumbai. The objective of the conference was to discuss the lack of ethical conduct in corporate India and develop ways of adopting sustained ethical practices. The topics discussed at the conference include ethics of capitalism, ethics of corporate failures, ethics of sustainability and ethics of social entrepreneurship. The event was inaugurated by Director of XLRI Fr E Abraham, SJ, and JRD Tata Chair Professor of Business Ethics at XLRI and founder of XLRI Ethics Research Center Fr Ozzie Mascarenhas, SJ. The keynote address was delivered by Mukund Rajan, Brand Custodian, Member, and Group Spokesperson – Group Executive Council, Chief Ethics Officer, Tata Sons, in the presence of other dignitaries.

Reflection’15 By Samarthya Samarthya, a student body at XLRI, organised Reflections’15 to help students understand the difference in perspectives between their generation and their parent’s generation. The theme for the event this year was redefining reality and it focused mainly on understanding the perspectives of the two generations on usage of technology, evolution of relationships and total development of students. Reflections is an annual conference at XLRI and is attended by school students, parents and teachers. The key speakers this year were: Rajni Shekhar, Dr. Sanjay Aggrawal, Psychaitrist, Tata Medical Hospital, Prof. ISF Irudayaraj, OB Area, XLRI , Ashu Tiwari, Principal, MNPS, and Ratna Sinha, HR, TATA Metaliks. Dr. Sanjay Aggarwal from TMH emphasised that the use of technology cannot be prevented and is of utmost importance for students and parents.

XLRI faculty member, Prof. ISF Irudayaraj, who is the guiding force behind Samarthya, said, “It is indeed a great initiative on the part of Samarthya to reach out to school youth and their parents to help them understand the differences that they have with their parents.” XLRI Receives AMBA Accreditation XLRI, one of the oldest B‐schools in India, earns the coveted international accreditation with the Association of MBAs (AMBA) for its best management programmes. The Association of MBAs (AMBA) is the international authority on postgraduate business education. Its accreditation service is the global standard for all MBA, DBA and MBM programmes. The association connects MBA students and graduates, accredited business schools, and MBA employers in more than 110 countries. On receiving the AMBA accreditation XLRI Director Fr E Abraham said, "XLRI with its singular philosophy of Magis, i.e., pursuit of excellence in all endeavors, has continually focused on three inter‐related areas: academic excellence, personal values and societal concern. Our institution has spared no effort to make our curriculum world‐class and deliver it in the most effective manner.”

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June, 2015

Princess Sumaya University for Technology Promotes Entrepreneurship Programs

HRH Princess Sumaya honors the winners of the Queen Rania National Entrepreneurship 2015

Her Royal Highness Princess Sumaya Bint Al Hassan, Chairwoman of

the Board of Trustees of Princess Sumaya University for Technology,

honored the six winning teams of university students groups and

companies under construction at the seventh session of the Queen

Rania National Award for Entrepreneurship.

In her speech at the Princess Sumaya University for Technology

ceremony, Her Royal Highness commended the role that the Queen

Rania Center for Entrepreneurship plays in supporting pilot projects,

asserting that the activities, programs and events organized by the

Center throughout the year contributed to strengthening the

presence of Jordan on both the regional and international scene.

Her Highness said: "Our keenness to achieve the visions of His

Majesty the King in the quest to put Jordan in the ranks of

developed countries in the fields of science and technology we

must strive to build an effective model that works on the

development of industrial and technological production in addition

to the creation of distinct job opportunities for our young people."

Her Royal Highness honored former CEOs, award partners, media

and official sponsors of the award. The Queen Rania National

Award for Entrepreneurship is widely regarded as one of the largest

competitions in Jordan, which focuses on the development of the

spirit of entrepreneurship among the youth in Jordanian society, in

an effort to transform their creative ideas into successful business

plans.

On his part, Prof. Mashhoor Al Refai, President of Princess Sumaya

University for Technology, reiterated that the award focuses on

Jordanian university students as well as proprietors of creative

ideas in an effort to foster their small business start‐ups whilst

promoting the idea of entrepreneurship in society.

The Executive Director of the Queen Rania Center for

Entrepreneurship and a staff at King Talal School for Business and

Technology, Dr. Abdul Rahim Abu Al Basal emphasized the need for

an entrepreneurship strategic plan aimed at addressing the

problems and challenges facing society via academic solutions and

allow students to pioneer ideas that serve the local community.

In the university students category, “Think Ahead‐3D” from the

Princess Sumaya University for Technology (PSUT) came in first

place, while “Green Box Energy” from Al Quds College came in

second and the University of Petra’s “Med Pick” came in third.

In the category of companies under construction, first place winner

was Piezo Clean project, a joint venture between a graduate of

Princess Sumaya University for Technology and a graduate of the

University of Jordan (Maher and Tala), and in the second place was

the Hafilaty project (Abdul Latif Abu al‐Rub, and Imad Bill), while

Unlimited Vote project (Amal Harbi Jadallah) came in third.

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June, 2015

The ceremony was attended by Professor Mashhour Rifai,

President of Princess Sumaya University for Technology and Dr.

Abdul Ghafoor Ibrahim Al Saidi, Dean of King Talal Faculty of

Business and Technology (KTFBT), in addition to a number of

university academic staff and other community representatives.

Graduation Projects of Excellence at the

King Talal School for Business and Technology

Graduating students at the King Talal Faculty of Business and

Technology graduates completed 88 graduation projects at

the undergraduate level, addressing a variety of topics and

problems faced by businesses and the wider community,

and have conjured pioneering business plans and feasibility

studies in strict accordance with scientific research

methods.Graduation projects were supervised by highly

qualified academics who have distinguished themselves in

their abilities to transform theory into concrete practical

applications. It is worth recognizing that several

undergraduate research projects have been published in

renowned international journals and a number of students

have been invited to present their work at international

conferences.

Sasin‐Royal Thai Government Scholarships

For MBA Candidates from CLMV countries

For the 2nd year, Sasin Graduate Institute of Business

Administration of Chulalongkorn University, Thailand and

the Thailand International Development Cooperation Agency

(TICA), Ministry of Foreign Affairs, is offering scholarships to

nationals of four countries in the ASEAN Community –

Cambodia, Laos, Myanmar, Vietnam. The “Sasin‐Royal Thai

Government Scholarships” for Sasin’s MBA Program will be

available for the 2016 academic year.

The eight scholarships provide an opportunity for students

of diverse backgrounds to study in the international

environment at Sasin, and to build a good foundation for

global understanding among students living and studying in

Thailand and the ASEAN region. Each scholarship award

includes tuition and fees, accommodation, health insurance,

monthly allowance, a round trip air ticket, and a bursary for

living expenses.

Applications will be accepted until January 15, 2016. For more information, visit

http://www.sasin.edu/programs/mba/scholarships.html or contact [email protected].

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June, 2015

New Research Shows Most GRE ®Test Takers Boosted Scores When Changing Answers

Although you may have heard that it is best to stick with your first answer on multiple‐choice test questions, new, empirical research from the GRE ® Program suggests that students who thoughtfully change their first answer are likely to improve their scores. The ability to change an answer in the GRE ® revised General Test appears to be popular among test takers. According to the study, more than 95 percent of GRE test takers changed at least one answer in the Verbal Reasoning or Quantitative Reasoning measures. “The GRE revised General Test is the only admissions test that allows business school and graduate school applicants to mark questions within a section and go back to change answers if they had second thoughts,” says David Payne, Educational Testing Service (ETS) Vice President & COO of Global Education. “The test‐taker friendly design can help people perform better compared to how they would have done without the opportunity to change answers. Now, we have evidence that this ability to go back to complete or change an answer may help test takers improve their scores.”

The research also showed that:

Most GRE test takers who changed answers went from wrong to right, and boosted scores

All GRE test takers who skipped a question and later completed it saw the same or better scores.

More test takers saw score gains on the Quantitative Reasoning measure than on the Verbal Reasoning measure when changing an initial blank.

Changing answers helped test takers at all ability levels.

ETS surveyed nearly 2,000 test takers regarding the perceived benefits or harms of answer changing. When asked whether the original or the switched answer was more likely to be correct, 59 percent of the survey respondents believed that the original answer was more likely to be correct and only 14 percent said the changed answer. “The results of this study disprove the fallacy that the first instinct is always correct when answering multiple‐choice questions,” says Lydia Liu, Managing Senior Research Scientist at ETS. “It’s important that students, tutors and test prep companies know that the research supports response changing when there is a good reason for doing so.” The GRE Program introduced the ability to skip questions and change answers when the GRE revised General Test was launched in 2011. This helpful feature allows individuals to use more of their own personal test‐taking strategies to help them feel more confident on test day.

Payne said, “Only the GRE revised General Test gives test takers the power of confidence by letting them change answers to help them get their best scores, and knowing they can do their best helps them get that much closer to their graduate or business school goals.” View our infographic depicting these important response change research findings.

http://news.ets.org/assets/content/GRE_INFOGRAPHIC_FINAL_resize.jpg Be sure that highly qualified GRE test takers know that you accept GRE scores. Learn more at www.ets.org/gre/business.

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June, 2015

AlmaU and PolyU ‐ Hong Kong is getting closer! May 19‐22, 2015 delegation of Almaty Management University (previously IAB), including Dean of the Graduate School of Business‐DBA Director Gulnara Kurenkeeva, IT Department Director –Bek Kassymzhanov, Dean of the Department of General Studies‐ Oxana Kirichok, acting Head of Economics and Logistics chair – Aigul Gabdullina, MBA Lecturer – Gulzhanat Tayaova, Chief specialist of Career Planning and Alumni Affairs Center– Nurgul Syzdykova, AlmaU lecturer Aibol Muhsiyanov visited Hong Kong, the Hong Kong Polytechnic University, during the educational workshop, which include programs of knowledge management, entrepreneurship, students development, service learning.

During the visit of AlmaU delegation to Hong Kong Polytechnic University was signed Memorandum of Understanding between AlmaU and PolyU. Nurgul Syzdykova, deputy director of Career Planning and Alumni Affairs Center of AlmaU noted, that a trip to PolyU allowed to look freshly at the structure of work with students and obtain a lot of new ideas for its improvement and contributed to strengthening and improving cooperation between universities. Program included study of experience implementing special concepts in education system. Also, cooperation between our universities was started with the visit of PolyU representatives in January 2015 in Alma University, when delegation of Hong Kong Polytechnic University for the first time visited Kazakhstan. It is worth noting that PolyU for which Alma University “opened doors” to educational field of Central Asia, is one of the strongest universities in Asia, owner of so‐called the “triple crown” – accreditations AMBA, AACSB, EQUIS.

“Generating social ideas” seminars was in Almaty universities Almaty Management University (previously IAB) in partnership with University of Central Asia and with the support of Fund and Company Coca‐Cola hold a Contest on social entrepreneurship among youth aged between 19‐28 years “Change the world around you!”. 5 best projects of the contest will won a grant of $3000 US for project realization. In 2013‐2014 years 7 winners from Kazakhstan received grant from $2200 to $3000 US each, and trained in School of Professional and Continuing Education in University of Central Asia. Projects was aimed to resolve number of questions, including issues in healthcare, education and environment. In 2015, contest was announced again, deadline for applications: June 15, 2015 May 19‐21, 2015 trainers from University of Central Asia jointly with AlmaU held seminars in Almaty universities on theme “Generating social ideas”. As a result of a seminar 210 applications was collected for participation. The main issues discussed during the seminars was: Introduction with project of University of Central Asia and Almaty Management University with support of Coca‐Cola Company ‐ project phases in Kazakhstan and Kyrgyzstan in 2012‐2014 years.

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June, 2015

Projects funded in Kazakhstan and Kyrgyzstan – which ideas can be funded? Project stages, deadlines, participation in 12‐day training, which will be in July in Almaty Management University. Filling the application – how to fill in Attendees, passed to the second stage will be invited to 12‐day training in AlmaU. Almaty Management University grateful for management and administration of Almaty universities for their assistance during the organization of seminars.

Young Kazakhstanis exchanged business experience in Croatia May 7‐17 2015, 5 Kazakhstanis of which 4‐students and staff of Almaty Management University (formerly IAB),

visited Croatia, Šibenik town – visit was organized within the international project Mentoring for Youth Entrepreneurs. The project is initiated by Youth Information Service of Kazakhstan(YISK) and Young Entrepreneurs Club, aimed to develop entrepreneurship among young people through the involvement of mentors to young entrepreneurs, as well as student associations from Croatia, Portugal, Yemen, Slovenia, Iraq, Kazakhstan in order to exchange experience and knowledge. Exchange of experience will be during the trip to each country‐participant. Croatia first hosted guests, where on May 8‐17 in Šibenik town held an international conference in the framework of the project. Honor to represent Kazakhstan, its culture and people have received the most active and motivated students of AlmaU: Kozhatayev D., Kulakeeva D., Bostanova G., Burumbaeva M. Diana Kulakeeva, student of 2nd course shared her impressions: “I got a tremendous experience in these 11 days. Main advantage of the project was parallel practice of learning English and study of entrepreneurship comparing different countries practice. We met with the mayor of Šibenik town, introduced with the culture of the country, spent an unforgettable time with participants of the project and attended various workshops.”

Educational trips to country‐participants also will be in September 2015 to Iraq, in December 2015 to Yemen. In addition, it is planned to create international internet‐portal in the framework of the project for collaboration of mentors and young entrepreneurs in Kazakh language. Furthermore, in July 2015 in Almaty Management University, previously IAB (Kazakhstan, Almaty) will be held an international conference. Conference will include master classes, workshops on the topic of mentoring, and will be presented first results of the program “Mentoring in entrepreneurship”, launched by Young Entrepreneurs Club in partnership with Chevron in February 2015.

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June, 2015

AlmaU supported dialogue platform for business May 15, 2015 in Almaty was an Interregional Congress BUSINESS‐REGION – for directors and company owners, in the framework of which held III Forum of Family Business in Kazakhstan. President of Almaty Management University (previously IAB) Assylbek Kozhakhmetov also attended this event.

Congress of that format held in Almaty second year, and is aimed to create effective dialogue platform, expansion of business and trade ties at a regional level, facilitating development of regional (including family) entrepreneurship , finding new foreign and local producers and providers. President of AlmaU Assylbek Kozhakhmetov moderated an official part of the Congress‐ main session called “Business, as an optimal resource for sustainable development of the territories. Kazakhstan” In the framework of the Congress for attendees was organized exhibition‐presentation B4B; Decisions Forum; Forum of Family Business; Networking session in “face to face” format. In addition, during the event was Awards

Ceremony for public recognition “Golden Fund of Kazakhstan regions”. Participants from different Kazakhstan cities presented their family business products, participated in discussions, master classes, networking sessions. In the framework of official part opinions about possibilities of entrepreneurship development in Kazakhstan expressed representative of EBRD in Kazakhstan and Mongolia Holger Wiefel, Advisor of the Trade and Investment Promotion Department of the Polish Embassy Wlodzimierz Kurowski emphasized the lack of development of family business in Kazakhstan. “In Kazakhstan there are all opportunities to establish production and family business, I think in 5‐10 years situation will change”,‐ at Interregional Congress for directors and SME company owners “Business‐ region” said advisor of the Trade and Investment Promotion Department of the Polish Embassy Wlodzimierz Kurowski. Aigul Solovyeva, member of the Committee for Economic Reform and regional development of Mazhilis of the Republic of Kazakhstan noted that development of family business is one of the priorities of the development of entrepreneurship in Kazakhstan. Despite the fact that official statistics about the family business in Kazakhstan does not exist, real facts shows a large number of Kazakhstani family businesses.

We believe that support of family business is one of priorities in our activity. From 138 000 of our clients family owned businesses is a large part,‐said Gaukhar Kurmanbayeva, representative of microfinance company KMF. During the Congress Kazakhstan, businessmen’s was marked with an International Award‐recognition “Golden Fund of Kazakhstan regions”. Three Kazakhstan companies was awarded with this prize: “Dostar Med”‐ family business in third generation, “Ontustik‐kus”, which produce meat of turkey and “Sapa” company, representing 1C services on Kazakhstan market.

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June, 2015

South Korea’s experience in educational management adopted Kazakhstanis From April 27 to May 4, 2015 in partner university of AlmaU ‐ SolBridge International School of Business in South Korea – was organized Asian Educational Workshop “Strategic Management in Higher Education: international trends and experience of South Korea”.

The program was attended by Vice‐rector for academic affairs of Almaty Management University Duysengulova N.S, winner of MES RK grant “Best teacher of 2015 year” Smykova M.R, representatives from East Kazakhstan State University, Atyrau State University and other Kazakhstan Higher Education Institutions. Programs purpose – to deepen knowledge of managerial bodies in Kazakhstan to modern world development trends of effective and innovative strategies in educational leadership and education management. Workshop was organized by Institute for Educational Development – a division of School of Public Policy of Almaty Management University (previously IAB).

In honor to 70th anniversary of the Victory! May 6 in Alma University (previously IAB) was solemn and exiting event – celebration of the upcoming May 9 ‐ 70th anniversary of Victory Day. In honor of the great event student clubs: Charity Club DOC and Mass On Family – organized a real feast for the Great Patriotic War veterans. Celebration began after the elegant dinner at the café on 4th floor of AlmaU. Then was organized a concert, students sang wartime songs, read a poetry and even marched under the military song to veterans. Veterans of Great Patriotic, the youngest of which is under 90 years, listened, sang, talked to each other and recalled the most terrible war in human history. The war, which they won, having defended their homeland in the fight against fascism.

Students of AlmaU learned the secrets of PR‐campaign in Turkey In Almaty Management University, previously IAB, held master class of Cultural Attaché of the General Consulate of Turkey in Almaty Nilgyun Kylycharslan on theme “Country PR. Using PR‐instruments in the promotion of Turkey”

This was the first guest event in the discipline “Country PR”. Students was convinced that all learned theoretical basics successfully used in global PR‐agencies for country promotion. During the master class Ms.Nilgyun revealed little secrets of upcoming advertising and PR campaign of Turkey in RK and expressed her opinion about PR in Kazakhstan: “Your country is very beautiful. Lots of extraordinary places, interesting historical sightseeing’s. But, unfortunately, service sector developed insufficiently. And, of course, very high prices. ” Perhaps, this event and acquaintance with Ms.Nilgyun for young PR‐specialists will become thus momentum, which in the future will encourage them to work in country PR.

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June, 2015

Asia Pacific Annual Conference heads to Xi’an, China, 11–13 October 2015 Business education in Asia is on the rise—increasing in global

reputation, reach, and impact. As aging populations, rising

environmental concerns, and talent shortages threaten growth in

the region, business schools create solutions serving as a source of

management talent and knowledge, as well as an essential driver of

innovation and new business creation.

Join distinguished speakers and management education leaders

from across the diverse Asia Pacific region to consider how current

challenges can be converted into business school innovations.

Discover best practices for faculty models, teaching effectiveness,

technology and digital savviness, and also develop international

collaborative opportunities. Meet AACSB’s president and CEO, and

hear the latest updates on accreditation and other AACSB

initiatives.

Xi’an symbolizes the emerging global importance of the Asia Pacific

region. The capital city of the Shaanxi province, Xi’an is not only

one of China’s oldest cities, but one of its most dynamic. Learn

more about this conference at: www.aacsb.edu/apac.

Upcoming AACSB Events in Asia Pacific: Business Accreditation Seminar 7–8 July 2015 | Seoul, South Korea Accounting Accreditation Seminar 8 July 2015 | Seoul, South Korea Assurance of Learning Seminar 9–10 July 2015 | Seoul, South Korea Business Accreditation Seminar 18–19 August 2015 | Brisbane, Queensland, Australia Enhancing and Measuring Impact Forum 20 August 2015 | Brisbane, Queensland, Australia Continuous Improvement Review Seminar 21 August 2015 | Brisbane, Queensland, Australia Assurance of Learning Seminar 24–25 August 2015 | Brisbane, Queensland, Australia Applied Assurance of Learning 26 August 2015 | Brisbane, Queensland, Australia Business Accreditation Seminar 8–9 October 2015 | Xi'an, China Assurance of Learning Seminar 10–11 October 2015 | Xi'an, China Asia Pacific Annual Conference 11–13 October 2015 | Xi'an, China Annual Accreditation Conference: Asia Pacific 29–31 May 2016| Singapore Learn more at: AACSB.edu/events

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June, 2015

EMBAC Conference offers presentations on global leadership skills and best practices for EMBA Programs At the 2015 Executive MBA Council (EMBAC) Conference,

two deans from two leading global business schools will

share insights into the art of preparing business leaders for

the realities of the global economy, particularly the

opportunities and challenges that come with conducting

business in Asia.

The plenary session features Bernard Yeung, Stephen

Stephen Riady Distinguished Professor and Dean, NUS

Business School, and Ilian Mihov, Novartis Chaired Professor

of Management and Environment and Dean, INSEAD.

Set for Oct. 25‐28 at the Marina Bay Sands Hotel in

Singapore, the 2015 EMBAC Conference brings together

Executive MBA (EMBA) Program administrators, faculty

members, and staff who are responsible for EMBA Programs

throughout the world. EMBAC has sponsored a number of

regional meetings in Asia in past years, but this year marks

the first time the council is hosting its annual conference in

Asia.

Other conference plenary sessions include a panel of Asian

executives discussing training for glocal (global/local) leaders

and a presentation on cultural intelligence. Panel speakers

include Goh Swee Chen, Chair, Shell Companies in Singapore;

Chin Lai Heng, Director, Global Talent Business Lead,

GlaxoSmithKline; Jason Ho, OCBC Bank Singapore; and Kwan

Chee Wei, CEO, Human Capital Leadership Institute. Ng Kok

Yee, Associate Professor, Nanyang Business School, and Tom

Pedersen, Senior Partner and Managing Director, Leadership

and Talent Consulting, Korn Ferry Japan will lead the cultural

intelligence presentation.

The conference also features 27 concurrent sessions, and

includes a technology track, a director’s‐level track and a

track for those who are new to the industry, as well as

sessions on diverse topics that relate to the many aspects of

offering an EMBA Program. A preconference program, EMBA

Insights – Marketing and Admissions in Asia looks at

marketing and admissions best practices for EMBA Programs

in Asia.

“We are looking forward to a dynamic conference that offers

global perspectives with a particular focus on the region’s

economy, talent needs, and ways that EMBA Programs can

support the development and growth of leaders and can

leverage best practices worldwide,” says Michael Desiderio,

EMBAC executive director. “We welcome participation both

by member and non‐member programs in the Asian region

and globally.”

The academic association that represents the Executive MBA,

EMBAC helps advance EMBA Programs by providing thought

leadership, serving as a facilitator of best practice sharing

and knowledge dissemination, and fostering a community

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June, 2015

EMBAC Conference offers presentations on global leadership skills and best practices for EMBA Programs (CONT.)

among high‐quality programs. It members include more than

220 business schools in more than 30 countries that offer

more than 330 EMBA Programs.

For information about the EMBAC conference, visit

http://www.emba.org/index.htm. To register for the

conference, visit

http://www.emba.org/conference_registration.htm.

36

June, 2015

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