Harnessing and developing expertise within the School by sharing

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AZDANI

From Monday of t his week, Pr ofe ssor Sim on M e r ca do will t ake up his new role as t he Associat e Dean of School, replacing Rebecca Taylor w ho left NBS at t he end of Sept em ber. Please j oin m e in welcom ing Sim on int o t he

role. I know t hat it is his int ent ion t o speak wit h divisional groups at first opport unit y and t o m eet as m any m em bers of t he School as possible over t he com ing w eeks. Sim on has previously served t he School in a num ber of capacit ies, including his m ost recent role as Head of I nt ernat ional Affairs and Ext ernal Relat ions.

As a Head of Division and Program m e Direct or before t hat , Sim on has a breadt h of experience t hat he will channel int o t he Associat e Dean’s role. Sim on has experience of m any NTU- level boards. As a fam iliar face wit h t he EFMD, AACSB and ABS he will also ensure NBS cont inues t o benefit from it s associat ions w it h t he principal business school net w orks and cont inues t o benchm ark it self against int ernat ional st andards.

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The NBS undergraduat e program m e port folio has once again proved t o be a popular choice for st udent s. As well as achieving forecast num bers wit hout t he need for clearing, t he int ake achievem ent of st udent s has significant ly im proved wit h all undergraduat e ent rant s achieving a m inim um of 280 UCAS point s and t he average across t he port folio set t o be higher t han 300. As a consequence a posit ive shift in t he st andard of our int ake affords t he opport unit y t o furt her im prove st udent academ ic achievem ent and hence t he em ployabilit y of our graduat es.

This present s us w it h opport unit ies t o engage our new int ake of st udent s, by exam ining and challenging current st udent experiences and furt her developing t his t hrough:

H a r n e ssin g a n d de ve lopin g e x pe r t ise w it h in t h e Sch ool by sharing innovat ive learning and t eaching approaches and t he direct applicat ion of t heory t o pract ice wit hin t he curriculum .

Con t inu ing t o ne t w or k in t he H ighe r Edu ca t ion se ct or, bot h in t he UK and int ernat ionally, t o det erm ine best pract ice and enabling it s int roduct ion wit hin t he NBS learning environm ent

Con t inu ing e nga ge m e nt w it h e m ploye r s t o focus our learning and t eaching act ivit ies t o ensure graduat e skills cont inue t o align wit h t heir needs.

Con t inu in g lin k s w it h r e le va n t pr ofe ssion a l bodie s t o ensure our curricula are relevant and current , and m eet professional st andards requirem ent s.

Consequent ly, t he em phasis of qualit y m anagem ent will st eadily develop t o incorporat e enhancem ent as well as t he t radit ional assurance aspect s. To align wit h t his, t he role of SASQC will be ext ended t o ident ify and facilit at e st aff developm ent act ivit ies linked t o learning and t eaching.

These act ivit ies w ill provide a forum for st aff t o share expert ise bot h w it hin and ext ernal t o t he School, fost ering an environm ent of discussion and debat e on t eaching and assessm ent pract ices t hat enhance st udent learning. This is essent ial if we are t o m eet t he expect at ions of t he st udent body in a clim at e of higher fees.

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Not t ingham Business School

announced it s m em bership of t he Drucker Societ y of Europe last m ont h by host ing a successful j oint breakfast m eet ing wit h t he Vienna- based Societ y. Corporat e part ners and facult y m em bers part icipat ed in a m orning program m e feat uring key not e cont ribut ions from Richard St raub, President of t he Aust ria-based societ y, and Toon Clerckx, Alliance Boot s’ Finance Direct or ( Healt h & Beaut y Division) .

Toon provided a fascinat ing case st udy on how Boot s has developed a cult ure of em bedded Corporat e Social Responsibilit y across it s organisat ion sharing w ider t hought s on t he st rat egic value of responsible business act ion. Richard linked t he Boot s case and ot hers t o Pet er Drucker’s philosophy on responsible leadership, rem inding us of t he cont inuing relevance of his work and ‘shared value’ concept .

I n a session m oderat ed by Pr ofe ssor Ge r a r d M cElw e e, senior m anagers from around t he region w ere invit ed t o discuss challenges and opport unit ies surrounding Corporat e Social Responsibilit y wit h t hese leading business figures. Mem bers of NBS facult y will be at t ending t he Annual Drucker Forum in Vienna lat er t his aut um n.

I n a relat ed developm ent , NBS has t abled an applicat ion for m em bership of The European Academ y of Business in Societ y ( EABI S) , which is an int egral part of t he wider European Business Cam paign on Corporat e Social Responsibilit y.

EABI S aim s t o m obilise over half a m illion business people and ot her st akeholders on t he t opic of Corporat e Social Responsibilit y and t o work wit h academ ic and corporat e part ners in sharing good pract ice, t eaching and learning m at erials focused on CSR and business et hics. Thanks t o D r Pe t r a M olt h a n - H ill and ot hers who have worked hard on t his m em bership bid which show cases NBS’s success in incorporat ing t hese issues int o t he curriculum .

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Pr ofe ssor Ba ba ck Ya z da n i

has host ed and at t ended t he follow ing ev ent s t hroughout Sept em ber.

8 t h Se pt e m be r :

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Host ed a lunch in Arkw right for Sir Roger Carr, new ly- elect ed Pr esident of t he CBI .

9 t h Se pt e m be r :

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Host ed a Dr ucker Societ y t alk by Dr Richar d St raub of EFMD and Toon Clerckx, Finance Dir ect or of Alliance Boot s.

1 4 t h Se pt e m be r :

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Host ed an NBS/ CBI breakfast for Sir Mer vyn King, Gover nor of t he Bank of England t o t alk t o t he region’s business com m unit y.

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Host ed an NBS- sponsor ed t alk by Nick Parsons, Bank of Aust ralia's Chief of Econom ic Research.

1 5 t h Se pt e m be r :

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At t ended a r egular Board Meet ing of t he Not t ingham Developm ent Ent erpr ise

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At t ended an I nvest in Not t ingham recept ion at 10 Dow ning St r eet w it h 30 ot her r egional represent at ives.

2 3 r d Se pt e m be r :

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Chair ed t he CBI Regional Council m eet ing at Lafarge in Leicest ershire.

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D r Kost a s Ga la n a k is, at NBS, organised t he first Train- t he - Trainers w orkshop under t he CREATI VE TRAI NER I I

proj ect . This w orkshop t ook place on t he 5t h and 6t h of Sept em ber.

A novel cour se has been dev eloped t o suppor t sust ainable innovat ion for SMEs. The course is based on t hree pract ical m odules and original m at erial cov ering t heory, m et hods and t ools in t he field of idea generat ion and evaluat ion, innovat ion m anagem ent and innovat ion m arket ing.

Kost a s and D r M ich a e l Eh r e t developed and deliver ed t he I nnovat ion Mark et ing m odule t o 16 par t icipant s, com ing fr om different int erm ediary or ganisat ions across Europe.

The Creat ive Trainer I I proj ect is co- funded by t he Leonar do da Vinci Pr ogram m e.

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D r Ela in e Robin son pr esent ed t he Coaching and Ment oring elem ent of t he 3 DP ( Deans and Direct ors Dev elopm ent Program m e) facilit at ed by Professor Sue Cox OBE. This w as held at t he Museum of Br ands and Packaging in Not t ing Hill which m ade for a unique v enue t o launch t he 3 DP program m e.

Once again, NBS are w orking closely w it h Oxford Brook es Universit y t o deliv er one- t o- one coaching t o Associat e Deans and aspiring Deans t hr ough t heir t eam s of qualified coaches. A m at ching process is held in t he first inst ance based on t he pr ofile of t he Coachee and t he Coach and t hen a ‘chem ist ry’ m eet ing is norm ally held once t he Coach has been select ed.

Evaluat ion fr om t he pr evious cohort r eport ed p o s i t i v e o u t c o m e s i n c l u d i n g s e v e r a l prom ot ions.

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We are pleased t o report t hat follow ing t he int roduct ion of NBS’s new int ernat ional st r at egy, w hich suppor t s building a core net w or k of leading academ ic inst it ut ion around t he

w orld, w e have recent ly signed a st udent / st aff exchange agr eem ent w it h t he Univ ersit y of Brasilia. This is a fir st legal agreem ent we have ever signed wit h t he Brazilian HE inst it ut ion t hat will prov ide a good plat form for st udent and st aff ex changes.

The Universit y of Brasilia, est ablished in 1962, belongs t o t he t op Higher Educat ion inst it ut ions in t he count ry. At present t im e t he universit y has over 27,000 st udent s st udying across a wide r ange of undergraduat e and post graduat e program m es w it h 1,900 m em bers of academ ic st aff.

I n t he spir it of new collaborat ion we would lik e t o w elcom e Pr ofe ssor Ot a vio Ribe ir o de M e de ir os from t he Facult y of Econom ics, Adm inist r at ion and Account ing at t he Univer sit y of Br asilia w ho is going t o spend t he w hole academ ic year at our Business School. He is current ly w or king in t he capacit y as Head of Graduat e Program m e and Coordinat or of t he Finance & Quant it at e Met hods Resear ch Gr oup.

Ot avio is not a st ranger t o UK Higher Educat ion syst em as in 1978 he com plet ed an MSc in Econom ics at t he Univer sit y of London follow ed by PhD in Econom ics at t he Univer sit y of Sout ham pt on. His pr im ar y r esear ch int erest is in financial m ar ket s and corporat e finance and his publicat ions has been published in m any int er nat ional j ournals such as I nt ernat ional Jour nal of For ecast ing, Jour nal of I nt er nat ional Money and Finance, Jour nal of Em pir ical Finance and m any ot hers. His cur r ent r esear ch pr oj ect is fully sponsored by t he Brazilian Governm ent wit h t he m ain focus on “ t he lead-lag effect s bet ween cat egor ies of asset s t raded on t he sam e m arket and on t he different m arket s” .

Dur ing his visit he w ill be w or king closely w it h our colleagues fr om t he Econom ics Division but is very ent husiast ic t o provide a few lect ur es/ sem inars for NBS st udent s. We w ould like t o encour age all of you w ho share t he sam e research int erest t o get in t ouch wit h Ot avio ( who is based on t he 8t h _{Floor in New t on Building) . His visit could offer NBS a unique}

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I n a m ove t o ensure t hat NBS is leading t he way in HR t rends, t he I nt er nat ional Cent re for Talent Managem ent and Leadership Developm ent is t o becom e The I nt er nat ional Cent re for HR I nnovat ion. The m ission of t he ‘new’ cent re is t o help or ganisat ions acr oss sect or s and in all geographies underst and in innov at iv e way s t he value of t heir hum an resources so t hat t hey can recruit , dev elop, r et ain and r eward t he right t alent for t he creat ion and sust ainabilit y of organisat ional success.

There will be four st rat egic ‘pillars’ of act ivit y:

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a n a pplie d r e se a r ch clust e r of researchers engaged in HR r esearch t o generat e r esear ch dat a and insight s relevant t o pr act it ioners’ needs. This w ill include PhD st udent s.

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con su lt a n cy a dvice a n d m a n a ge m e n t t ools t o HR funct ions in or ganisat ions acr oss sect or s via diagnost ics and solut ions.

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k n ow le dge t r a n sfe r / n e t w or k in g oppor t u n it ie s

for pract it ioners and academ ics t o provide a reflex ive, evidence- based decision- m aking envir onm ent t hr ough w hich HR and ot her direct ors can learn t o lead t heir funct ions.

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D isse m in a t ion of our work t hrough academ ic m edia and leading business m edia out let s t o r e- enfor ce business- know ledge t ransfer .

All of t he NBS HR division st aff ar e included in t he m em bership of t he Cent r e but anyone in NBS w ho is int erest ed in j oining us should cont act t he Direct or of t he Cent re: Pr ofe ssor Ca r ole Ta n sle y, 0115 8482145 or em ail car ole.t ansley@nt u.ac.uk

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CKRI LL

I n m id- Sept em ber , Pr of e ssor Rob Ack r ill spent t wo w eek s discussing w it h policy- m akers and academ ics t he w ork he and Adrian Kay ( Aust ralian Nat ional Univ ersit y) have been under t aking on biofuels policies. I n Washingt on DC, m eet ings w ere held w it h policy- m akers and t he k ey agencies for biofuels policy, t he US Depart m ent of Agricult ure, Depar t m ent of Energy and Env ironm ent al Prot ect ion Agency. The visit finished wit h a sem inar at The World Bank.

I n a session ent it led “ Get t ing Biofuels Policies Finally Right ?” , t he plat form w as shar ed w it h Professor Har ry de Gort er ( Cornell Univer sit y) . Moving on t o Miam i, a sem inar w as given at t he EU St udies Cent er , Flor ida I nt er nat ional Univ er sit y , aft er w hich ex t ensiv e discussions w er e held about fut ur e r esear ch collaborat ion. I n t he final leg of t he t rip, m eet ings w ere held w it h officials from k ey Minist r ies in Br asilia. I n addit ion, a sem inar w as giv en at t he Cent r e for Sust ainable Dev elopm ent at t he Universit y of Brasilia.

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St udent s from Not t ingham Business School have recent ly prov ided local com panies wit h valuable m ar ket ing and ot her business suppor t . As par t of t he collabor at ion bet w een NBS st aff, st udent s, and t he ERDF funded Fut ur e Fact ory proj ect , Mast ers lev el st udent s hav e been able t o provide business suppor t t o a local fur nit ure com pany and also a new food business, w hilst at t he sam e t im e gaining ‘live’ consult ancy experience as part of t heir program m e of st udy.

St udent s of MSc Market ing led by D r Se a m u s Allison, provided Not t ingham based Trent Upholst eries w it h a Business Plan for t heir new

r ange of sust ainable sofas. The st udent s exam ined supply and

dem and t rends, and using dat a collect ed from t he m ar ket place it self, from j our nalist s and cust om er s t he st udent s were able t o provide t he com pany a set of pract ical recom m endat ion based on product char act er ist ics, and also suggest pr om ot ional act ivit ies suit able for a sm all business. D r Se a m u s Allison, w ho led t he st udent

t eam , said “ t he st udent s found t he w or k challenging but t heir abilit y t o work t oget her creat ively as a t eam w as really enhanced, and t hey enj oyed w or king out solut ions t hat couldn’t be found in a t ext book” .

I n t he m eant im e, MSc I nt ernat ional Finance st udent s undert ook work which helped local food com pany, Nk ono, by dev eloping an elect ronic cost ing m odel for a new pr oduct . Buisiness ow ner, Alain Job, had been given addit ional help by t he proj ect t o develop a range of t ast y snacks inspir ed by his Cam er oon backgr ound, t hat could be served in banana leaves. Hav ing dev eloped his product Alain needed help t o ensure t hat he could analyse his cost s and r ev enues in a user- friendly and m oder n way . The st udent s helped by providing exact ly t his.

M ich a e l M cCa n n, w ho supervised t he st udent group said “ t he st udent s benefit t ed from having pr act ical exper ience in a business environm ent which cont r ibut ed great ly t o helping Alain develop his business m odel and helping him get closer t o bringing his product t o m arket ” . Bot h Trent Upholst eries and Nkono have provided glowing feedback .

I f you’d like t o know m or e about t he suppor t t hat Fut ur e Fact or y offers East Midlands based SMEs, cont act t he proj ect t eam :

Em ail: fut ur efact or y@nt u.ac.uk Tel: 0115 848 8675

w w w .nt u.ac.uk/ fut ur e_fact ory

I n t he m eant im e, any one int er est ed in sam pling Nk ono product s can find Alain’s st all on Not t ingham Goose Fair from Wednesday 5t h Oct ober.

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UBLI CATI ON S

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Abdo, H and Wakkas, F. ( 2011) . I slam ic Finance:

Underst anding Risk Managem ent of The I slam ic Bonds, Sukuk.

Germ any. Lam ber t Academ ic publishing.

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Our next post graduat e and professional open evening is on Thursday 10 Novem ber 2011. I t w ill be a flexible and inform al drop- in session, and will r un from 4 pm and 7 pm in t he New t on building.

Dat es of ot her for t hcom ing Post gr aduat e and Professional open event s ar e Wednesday 25 January 2012 and Thursday 19 April 2012.

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I n August , t he Econ om ic St r a t e gy Re se a r ch Bu r e a u was est ablished wit hin t he Business School’s Econom ics Division. The ESRB is a new r esear ch unit t hat w ill under t ak e com m er cial consult ancy and r esear ch pr oj ect s and t o cont ribut e t o NBS’s academ ic act ivit ies.

The t hree core m em bers of t he ESRB worked in t he St rat egy, Research and Ev aluat ion Team at t he East Midlands Dev elopm ent Agency ( EMDA) , where t hey w ere responsible for undert ak ing, designing and m anaging lar ge scale r esear ch and evaluat ion proj ect s and advising on public policy developm ent .

The est ablishm ent of t he ESRB builds on t he decision t o host a dat abase of research, evaluat ion and st rat egy resources produced by EMDA in t he NTU I nst it ut ional Reposit ory ( I Rep) , providing a r esource t o st aff, st udent s and t he public t hat includes exam ples of recent applied research – of part icular relevance t o t he Econom ics Division’s t eaching pr ogr am m es.

The Bureau will be undert aking ad hoc research, evaluat ion and consult ancy proj ect s on an on- going basis and is keen t o w or k w it h colleagues in NBS and across NTU m ore w idely on bot h com m ercial and academ ic proj ect s. I n addit ion, it w ill be offer ing a r ange of subscr ipt ion based econom ic briefing product s and analyt ical suppor t for ext er nal client s.

Current ly t he Bur eau is w orking on a Loca l En t e r pr ise Pa r t n e r sh ip ( LEP) Ca pa cit y Fu n d p r o j e ct w i t h t h e D e r b y , D e r b y sh i r e , N ot t in gh a m a n d N ot t in gh a m sh ir e LEP on be h a lf of BI S.

For m ore inform at ion, please cont act : W ill Rossit e r, Reader and Head of t he Econom ic St r at egy Resear ch Bur eau:

Em ail: william .rossit er@nt u.ac.uk Direct line: 0115 8482875.

For exam ples of research, evaluat ion and st rat egy out put s produced or m anaged by m em bers of t he Bur eau see:

ht t p: / / w w w .nt u.ac.uk/ nbs/ business/ specialist _cent res/ 111433.ht m l

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The annual BAM confer ence w as held t his year at t he Ast on Business School in Bir m ingham bet ween 13t h _{and 15}t h _{of Sept em ber w it h a record num ber of}

delegat es at t ending despit e t he curr ent econom ic out look.

This confer ence m arked a special m ilest one for BAM, as t hey are celebrat ing t heir 25t h Anniv er sar y t his y ear . The Anniv er sar y Celebrat ions, com bined w it h recor d paper subm issions m ean t hat BAM 2011 w as one of t heir m ost successful conference t o dat e.

Over 700 people at t ended at t he conference, w hich t ook “ Building and Sust aining High Perform ance Organisat ions in a Challenging Environm ent ” as it s t hem e. Mult iple sessions at t he confer ence explored t he challenging environm ent s facing m anagers at all lev els as public sect or cut s begin t o bit e int o m any econom ies and priv at e sect or or ganisat ions seek t o clim b out of t he r ecession.

The cont ribut ions from NBS t his year w ere prim arily t o t wo of t he regular m ainst ream t racks; “ Per form ance Managem ent ” and “ Public Managem ent and Gover nance” . H a r r y Ba r t on led t he w ay cont ribut ing papers t o bot h t racks. The first w as a full paper co-aut hor ed w it h D r N e st or V a le r o- Silva ent it led “ I m proving Police Perform ance t hrough a Part nership appr oach” ; a case st udy based on cr im e pr event ion, w hile t he second w as a single aut hor developm ent paper on t he highly cont roversial reform s t o t he police ent it led “ Building High Perform ance Police Syst em s in an er a of financial const raint s” .

Sh ish ir M a lde, t oget her w it h Michael Brow n ( form erly of NBS but now at Birm ingham Business School) also cont r ibut ed a developm ent paper t o t his t rack ent it led “ Organisat ional slack, Corporat e Reput at ion and Financial Perform ance” w hile M a r t in Jon e s and

Pe t e M u r ph y cont ribut ed a developm ent paper t o t he Public Managem ent and Governance t rack ent it led “ Corporat e Recovery and St r at egic Tur nar ound in Local Gover nm ent – a com parison w it h st r at egic t ur nar ound in t he pr ivat e sect or ” .

D r Sh e ila gh Re sn ick and D r Ra n is Ch e n g how ever broke t he public sect or t hem e wit h a developm ent paper t o t he Ent repreneurship t rack. Their very t opical paper was ent it led “ Teaching SME Mar ket ing – a st udent per spect ive” .

Finally, Harry’s form er colleagues at t he Car diff Business School w ill be host ing t he 2012 BAM confer ence bet w een 11t h and 13t h Sept em ber 2012, w it h t he t hem e for next year being “ Managem ent Research Revisit ed: Prospect s for Theor y and Pract ice” . The decision t o hold t he conference at Cardiff was m ade ear lier in t he year, by BAM Council. Professor Mart in Kit chener of t he Cardiff Business School com m ent ed:

" We are absolut ely delight ed t hat Car diff Business School has been select ed t o host t he BAM annual confer ence in 2012. Many of our a ca d em i cs h a v e b een h ea v i l y involved w it h BAM for a num ber of year s because w e consider at e it t o be t he leading Br it ish academ ic n e t w o r k f o r b u s i n e s s a n d m anagem ent scholar ship” .