The Other Side | By Felix Valdivieso, Director of Communication at IE Business School Just as Just in Time could be either a very popular song or a production strategy designed to maximize business return on investment, Prof. Daniel Corsten could be either the most knowledgeable management professor around or the most enthusiastic person on earth doing what he…Details
Social networking looks easy as an individual. You sign-up for the service you find interesting and contribute at your leisure, in your mood, expressing your views. For a company there much more considerations to make. In first place, you would need to define a strategy why you want to be active, how you want to…Details
The Saudi Spanish Center for Economics and Finance recently organized it’s Social Impact Finance Forum, to discuss the future of finance and alternative ways of funding. During that Forum academics, professional and finalists of the ‘What is out there’ competition explored whether a more ethical approach to banking is possible. The Saudi Spanish Center for…Details
The 7th edition of the IE Social Responsibility Forum was held on November 23rd and 24th, and welcomed speakers from a number of companies including, Gabi Zedlmayer; Vice President of Global Social Innovation at HP, Maite Arago; VP and Director of Corporate Social Responsibility at Grupo Vips, Stephanie Schmidt; Director FEC Mexico at Ashoka, and…Details
Are you considering accelerating your career in capital markets or investment banking, or switching from other professional fields to finance? Do you see yourself as the future CFO – Chief Financial Officer – of a company? Are you interested in working as an entrepreneur with a firm supported by private equity, perhaps leveraging opportunities provided…Details
The Other Side | By Felix Validvieso, Director of Communication at IE Business School Some time ago, a friend of mine said to me “you know, Felix, what I want around me are not incredible people, colleagues, friends whom I can brag about… but just pleasant people. You know, people who make your life easy,…Details
Prof Marco Trombetta of IE Business School shares his recent executive development experience in Ghana. Cape Coast, November 2012. In a hot room where computers share the space with solar power charged lamps, Master in Finance students at IE Business School are asking questions to Veronica Kitti CEO of Alternative Sets of Assistance (ASA) Initiative,…Details
IE Focus | By Maria Luque, Professor at IE Business School
Microfinance has proved to be a prime tool in the fight against poverty, but it is not enough to eradicate it once and for all.
Microfinance, namely the provision of financial services for people on low incomes, has taken giant strides since the 1970s. It provided financial services for some 200 million people in 2011 according to the Microcredit Summit Campaign, and now impacts the lives of around 1 billion.
Microfinance institutions face big challenges. One such challenge is the impact of the world economic crisis which began to show in 2008, and which, according to Deutsche Bank Research, has caused a deceleration in the growth of assets, a drop in profitability, and a greater risk for portfolios. Another is the excessive focus on profit and the accelerated growth of some institutions, without the necessary institutional capacities or control. Even so, the microfinance industry continues to grow steadily and has demonstrated that in the right conditions it is a key tool in achieving the Millennium Development Goals (MDGs).
Until recently we focused on talking about microfinance as a tool that could lift people out of extreme poverty, promote production, and empower women, all of which are development Millennium Development Goals and indispensable factors to strengthen economic and social growth in developing countries. But growth and investment in assets are not the only things that access to financial services brings.Details
Colombian entrepreneur Natalia Londoño is an alum of IE Business School’s Master in Sales and Marketing Management. She is about to head the opening of a new Becara Franchise in Bogota, which will be the first step in the firm’s expansion into Latin America. Becara has been operating in the field of design, production and distribution of furniture and interior design items for 44 years, and is now present in over 40 cities worldwide that include Madrid, Barcelona, Rome, Milan, Istanbul and Jeddah.
You are heading the expansion of leading interior design retailer Becara in Colombia. Becara is now present in 7 countries, and the Bogota store marks the beginning of the firm’s operations in Latin America amid economic growth in the region. What made you decide to take on this project?
One of the main considerations was the contrast of Spain’s economic situation with what was happening in Latin America, particularly Colombia, my home country. Colombia is in the throes of expansion with a sustained annual economic growth rate of 4% in recent years, coupled with a trade balance surplus.
Coming back to Becara’s expansion in Colombia, Becara is a leader in the furniture and decoration sector. I met its founder in 2011, which coincided with a decision to return with my family to live in Colombia after twelve years in Spain. I was invited to get to know more about Becara, and the moment I saw the 22,000m2 warehouse in Valdemoro I realized that this was a great company with excellent potential in a country that is growing as fast as Colombia.Details
Various IE Business School alumni spoke to current students about career changes, how to deal with failure, and about keeping your mind open.
No product is launched without consumer insights, without analyzing the market environment. This reality is the reason for the IE Master in Market Research and Consumer Behavior, the only program considering both interrelated aspects into one single program. An academic program with such practical implications would only be half of value if you do not exclude professionals…Details
Two IE Business School alumni and a student, currently working in Asia, share their thoughts on the subject. -Gregorie Perez is a student of the IE Brown Executive MBA working in Philippines. -Yvette Hu is an International MBA alumna working in China. -Thomas Sypre, is an International Executive MBA (aka Global Executive MBA) alumnus working…Details
Unsure on what would be the study environment when you’re studying in a foreign country. This video helps you to understand what IE University is like and the happiness of our students!
The Master in Management lets you live not only the international environment in Madrid, but also takes you out to one week explorer trips to different destinations in the world. Tamara Zeidan, student of the February 2012 intake, relates her experiences: Being involved in the unique Global Immersion Week program organized by IE Business School has been…Details