IE Business School has recently been considered one of the best schools in the World for Entrepreneurship by BusinessBecause.com. Venture Lab, at IE Business School, is highlighted as a great opportunity to turn disruptive and innovative ideas real by creating very strong feasible business plans. In Venture Day business plans are presented to Venture Capitalists in…Details
To mark the conclusion of the IE Consulting Project (IECP), sixteen International MBA students recently presented their final projects to senior management of Unilever. The IECP is the latest example of the experiential learning opportunities available at IE Business School, which provides students with real world experience in identifying and solving problems in management. “Not…Details
Starting in May 2011, IE accepts the CAIA exams, (Chartered Alternative Investment Analyst), both Level I and Level II, as a replacement to the GMAT or GRE exam, one of the admissions requirement to IE´s Masters in Finance programs. Before that, earlier this year, IE also officially started to accept CFA Level I as a substitute for GMAT or…Details
“The Art of Seduction ― Marketing the Subconscious” will explore the history and theory of appealing emotionally to potential clients and customers, and discuss ways to do so. The seminar, hosted by Seoul Global Center, will feature a guest talk from Prof. William Davila, Associate Professor of marketing at Madrid’s IE Business School, which specializes in entrepreneurship,…Details
IE Business School and busuu.com, a European online community for learning languages, have conducted the 2011 Language Barometer survey, the world’s largest online report on the future of language learning. More than 16,000 people from over 150 different countries took part in the survey which was carried out in March 2011. 37% of the people…Details
Did you follow with envy those forums where students talked about their experience at the IE Global MBA? Their high learning outcome, the value of their networking and their skills building in working in global virtual teams? However, as you are interested merely in Finance, a MBA program does not really fit into your career…Details
London and New York remain important exchanges in global financial markets, however many exchanges located in the Asia Pacific region are gaining or have gained global recognition as major financial centres. Our intention with this scholarship is to support future financial leaders who will build a career in the Asia Pacific region, during and after…Details
By Enrique Dans, Professor at IE Business School, published on IE Focus
Social networks have the capacity to mobilize millions of people in defense of a cause, regardless of their location. The far-reaching impact of this is now starting to show.The expansion of social networks has had one extremely interesting effect: the proliferation of causes or claims capable of garnering the support of a large number of people, sometimes very quickly. When this occurs, the person promoting the cause in question cites the number of people involved as evidence of support, whereas sceptics and detractors try to downplay it by talking about of the scant value of support provided by merely using an index finger to click on a mouse.
Who should we believe? Can we consider this type of group as tangible evidence of support, the virtual equivalent of a street demonstration with banners and slogans, or does the practically zero effort required to support the cause mean it is worth very little? The social importance of this issue is growing as the number of social network users increases: Spain has the highest number of social networks users in the world (according to the latest figures, we are talking about around ten million active users on Facebook and around eight million on Tuenti). As a result, many are starting to see social networks as a kind of “trend laboratory” or a gauge for measuring the “social mood”, a kind of permanent, real-time survey on the widest possible variety of subjects.Details
This February, IE Business School brought together some of Spain and Israel’s most prominent entrepreneurs and investors for a conference about an essential element of the entrepreneurial endeavor: Failure.“The Advantages of Failure,” the first conference of its kind hosted by a business school, asked participants to speak about their greatest failures as entrepreneurs, how they learned from and eventually overcame them. Present in all entrepreneurial markets, the fear of failure is one of the biggest obstacles to fomenting a successful European entrepreneurial ecosystem. In Spain, for example, more than 50% of those interviewed by the Global Entrepreneurship Monitor (GEM), the largest single study of entrepreneurial activity in the world, note that the fear of failure is a key impediment to becoming an entrepreneur.
The start of the conference delved into the lessons learned from experience:
•Jose María Castillejo, Chairman of the Board of Directors of Zinkia Entertainment SA, whose principal product is the animated figure Pocoyo, recounted his experience with a Ukrainian train heist. The son of a local Ukranian politician “hid” a train full of sunflower seeds in order to squeeze Castillejo out of a profitable business exporting sunflower seed oil.
•Jesús Encinar, founder and CEO of Spain’s top real estate website Idealista.com explained how the failures of his parents’ first businesses – and the subsequent need to relocate from his childhood home – made him ever vigilant of bank debt and possible business failure. In 2008, Encinar was named a Young Global Leader by the World Economic Forum.Details
By David Bach, Professor at IE Business School, published on IE Focus
Germany has scored more economic goals than Spain because it applied the structural reforms needed before the crisis took hold, and because Merkel, has controlled spending from the start.Spain may have beaten Germany in both the European Football Championship and the World Cup, but where economy is concerned there is no doubt that Germany has the upper hand. Last Thursday´s news that the largest economy on the continent had grown by 3.6% in 2010 (the highest level since the unification in 1990) has surprised even the experts. The Spanish economy, however, closed 2010 with an average reduction of 0.2%. What does Angela Merkel know about economics that the Spanish president doesn’t? One analysis of the German success shows that the causes behind the differences go beyond the current Chancellor´s policies and also clearly point the path Spain should take.
Germany´s economic strength (and Spain´s weakness) is based fundamentally on four pillars:Details
By Enrique Dans, Professor at IE Business School, published on IE Focus
One of the key factors driving the boom in so-called social media is customer involvement, now the subject of extensive study.One of the main drivers of the boom of the so-called social media is so-called customer involvement. This represents a measure of how far the customer gets involved with the sender of the message, and is now the subject of extensive study.
Have you ever considered the general effect your messaging has on your target public? In a world full of media that is technologically limited to being unidirectional, the answer to this question was very inexact: we could only find out by using panels or surveys, which were always approximate, and we were unable to associate the answer with specific subjects or try to measure it in purely binary terms: one, buys the product or service, or zero, doesn´t buy it. This absence of information means that communication via the net can be measured or evaluated in a large number of ways that businesses are starting to discover.
On the social web, users´ reactions are gauged by that fundamental variable: involvement. The minimum involvement of a user in terms of content is to simply “watch it go by”; the content appears and the user simply moves on to something else without interacting with it. Display advertising, for example, is a clear case of this: we can´t even be sure of whether or not the user has actually seen it or stopped to look at it. In fact, display advertising is a luxury in comparison with other media: we can at least know whether or not a specific user has received the impact and then act accordingly. In the press, we can only know the number of newspapers that have been sold and, on television, we have to trust a frugal scattering of audience meters that provide measurements that are poor and few and far between, but which everyone decides to believe since there is nothing better.Details
IE University is an international university in two complementary meanings of the word: 1 It is a university which has an international faculty and staff, with students coming from almost 60 different countries. 2 Students are prepared for international careers and draw on IE University’s international experience. Both the contents of its academic programs, and the academic…Details
Why is Humanities one of the core values of IE University? The complex world we face today poses fascinating challenges for those beginning and those completing their educational journey. IE University’s higher education model is Humanistic in this respect. IE University expects its students, faculty and the entire university community to take a profound interest…Details
IE Business School is glad to invite you and the members of your network to join the 10th videoconference in our Sports Management Today series, to be held on Thursday, March 24th at 16:30 (Madrid local time – please click here for your local time). Register at email@example.com.
Earl Patton – Senior Manager for Sony FIFA Partnership Project Office
Coming off his international assignment for Sony FIFA Partnership Project Office in South Africa for the 2010 FIFA World Cup, Earl Patton will join us for this exclusive videoconference on strategies that pertain to global sports activation. Earl will discuss how Sony and other global partners of FIFA and the World Cup manage and integrate various business developments and marketing strategies from digital, television, print, social responsibility, sales and marketing. In addition, Earl will discuss the role of various internal and external groups within a global activation to illustrate how a united front is a key component to the deployment and success to reaching return on investment.Details