In the News
Andrew Schrank, Professor of Sociology and International & Public Affairs, and Professor at IE Brown, co-authored an article with a fellow Brown colleague, Michael Piori, that sheds new light on the value of the U.S. Congress approved Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). This Act was designed to address Puerto Rico’s debt crisis by imposing a stay on litigation brought by creditors and establishing a board to oversee the island’s taxation, regulatory, and spending policies. But, according to Schrank and Piori, “debt is not the root cause of Puerto Rico’s problems, and the board… could actually make matters worse by gutting regulations, undercutting spending, and encouraging the flight of the skilled workers who hold the key to the island’s future.” They argue that what what Puerto Rico needs is not PROMESA but a growth strategy.
Congratulations IE Brown community! We’re the subject of the #1 must-read article on Poets & Quants today. The article sheds light on the value of IE Brown’s interdisciplinary excellence and blended experience via interviews with three IE Brown alums:
• Terri-Lynn Thayer, Gartner Inc. Research Vice President, Higher Education
• Joel Maxwell, McMaster-Carr Director of Human Resources
• Samantha McDermott, Strategic Business Initiatives Senior Advisor
Click to read more.
Eastman Professor of Political Economy and IE Brown Professor Mark Blyth comments on day four post-Brexit on the continued fallout - scared global markets, jockeying for power among British politicians, and intensifying discussion about whether Brexit could be altered or avoided.
Brown political economist and IE Brown faculty member Mark Blyth comments on the role of the Federal Reserve System in the aftermath of the United Kingdom's vote to exit the European Union just as currencies around the world drop. "There's a potential for huge volatility and huge shocks," said Blyth.
Mark Blyth on Brexit: “The Hamptons are not a defensible position” (WNYC, NBC 10 and Athens Live interviews)
Mark Blyth, Brown Eastman Professor of Political Economy and IE Brown Professor, has gone on a media tear about Brexit as an expression of the same anti-elite anger that is driving populist and nationalist movements across Europe and the US. On these NBC10, “Athens Live” and WNYC interviews, hear why he’s pro EU but anti-Euro, and why he’s warning his hedge fund friends, “The Hamptons are not a defensible position.”
Click the links below to watch:
In this Week’s On the Media, Mark Blyth argues that the British psyche, not economics, is at the heart of Brexit. He draws parallels between Brexit and Trump as an anti-immigrant nationalist response to a growing global wave of anger at elites and globalization. Find out why Blyth doesn’t support Brexit and why the famously sensationalistic British tabloids’ Brexit coverage reflected the nation’s penchant for understatement. (Segment begins 44 minutes into the episode).
View the full story here.
Don’t miss IE Brown Professor Mark Blyth on this fascinating panel about austerity and the outline of a New Deal for Europe and for Greece.
He argues that the world today is governed by the forces of market liberalization and globalization that have wreaked structural deflation across the entire planet, rampant inequality and a global financial crisis. Labor, who were the winners of the 70s, have become the losers of the aughts and their anger is flaring up in the form of nationalist movements across the US (Trump) and Europe (National Front in France, AfD in Austria).
The Danger in Calling a Dog a Cat; Ricardo Brandao on Seeing Clearly through IE Brown’s Multiple Lenses
We sat down (virtually) with Ricardo Brandao, head of risk management at Unitel in Angola. A land of contradictions, Angola’s population is both the poorest and richest in the world. Imagine managing risk in that environment! Find out how IE Brown’s liberal arts-infused MBA curriculum gave Ricardo a new set of lenses to navigate these uncharted socioeconomic conditions.
SPS interviewed Francesco Vercesi, SVP and Head of Group Stakeholder Insight at UniCredit, a major European banking group. We wanted to know why a banker would choose IE Brown over a traditional Executive MBA. Francesco explains how IE Brown morphs interdisciplinary, global and critical thinking into a high-impact executive business curriculum that prepares professionals to lead industries struck by the transformative effects of shifting regulatory environments, digital innovation and global expansion.
NOTE: Since this interview, Francesco was promoted to Head of Central Eastern Europe (CEE) Agile at Unicredit where he is driving this region’s adoption of Agile mindset and methodology to accelerate innovation and cross-country co-creation.
Read the full story here.
Thank you to all the graduating students, alumni, family and friends who participated in the historic Brown University Commencement and Reunion 2016. This weekend-long series of events celebrated the achievements of our graduating Executive Master students, including the first joint degree graduates of the IE Brown Executive MBA, the graduation of the second Cohort of the Executive Master of Healthcare Leadership, and the return of alumni for reunion activities.
Read the rest of this story here.
Meet the brains behind Google advertising. Google executive Sridhar Ramaswamy '95 PhD is the 2016 recipient of the Horace Mann Medal. The honor is bestowed annually to a Brown University Graduate School alumnus or alumna who has made significant contributions in his or her field.
We wanted to share this story with the IE Brown community because it provides an excellent example of how Brown’s interdisciplinary excellence molds thinkers that can leap across silos to change the way the world does business. In the case of Dr. Ramaswamy, he leveraged a PhD in computer science to turn marketing on its head and reinvent the way the world advertises.
As Senior Vice President for Ads and Commerce at Google, Dr. Ramaswamy has helped to shape the global online advertising business, while helping create Google's multi-billion dollar advertising business and its original product, AdWords. He leads Google's advertising and commerce business, which encompasses search advertising, display and video advertising, Google Shopping, Android Pay and many more global platforms.
To read more, go here.
At IE Brown, we make the audacious claim to redefine business management education for a 21st century economy. One way we’re doing that is by reimagining the traditional business school case study method to better prepare professionals to impact business. In the interview below Lenny Kessler-Vaschetti explains how he worked with cohort members to meet the challenges posed by this new methodological approach and how it energized his career.
Read Lenny's story here.
Recently RI NPR covered an art event that took place as part of Atmospheres, a conference on air, climate and the environment. The brainchild of IE Brown Professor Lenore Manderson, the conference kicked off with a sound installation at the greenhouse atop the Institute at Brown for Environment and Society. Usually quiet, this week, sounds that mimic bird calls filled the space. Artists from Brown’s music department produced these bird calls with a rare, vintage synthesizer.
We recently sat down with Ivon Rodriguez, EMBA’16 and Vice President of marketing at the HistoryMiami Museum. We were curious to learn about her IE Brown journey as someone who chose the program having completed a Brown Bachelor of Arts (BA). It turns out, a number of Brown alumni fill the ranks of IE Brown. The question at the heart of this interview, why do Brown students return to IE Brown for an Executive MBA?
Read Ivon's story here.
Edward Steinfeld, Watson Institute director and IE Brown faculty member, joined Brown University President Christina H. Paxson on a trip to China to explore potential collaboration opportunities and create awareness of Brown's commitment to addressing world challenges.
Brown has strong academic ties to China, many of which are now coordinated through the Watson Institute for International and Public Affairs, and specifically its China Initiative, directed by Professor Steinfeld. The China Initiative is bringing together researchers across the globe, including:
• Faculty member Gregory Wellenius of Brown’s School of Public Health is working with Steinfeld and the Chinese government on a research program studying the health consequences of airborne environmental pollutants.
• Brown sociology professor John Logan co-directs the Urban China Research Network – a collaboration of academic institutions across mainland China, Hong Kong, the United States and the United Kingdom that studies China’s contemporary experience of urbanization.
• Faculty members in political science are researching the rapid industrialization and urbanization in contemporary China and India in comparison with the Gilded Age in the late 19th century United States.
• Steinfeld and postdoctoral fellow Jonas Nahm are collaborating with colleagues to study the role Chinese companies play in creating global innovation in renewable energy systems.
Providence Business News covered this story here.
Mark Blyth, professor of political science, commented on an article about the corruption scandals threatening to end the political careers of Brazil and South Africa's leaders, Dilma Rousseff and Jacob Zuma.
IE Brown held convocation this week for the incoming class of 2017. This cohort represents 11 nationalities and holds senior titles from industry leading companies reflected in the infographic below.
We wish them all the best as they progress through the program. Only 448 days to go!
Mark Blyth, Eastman Professor of Political Economy, talks about the economically hot topics across Europe at GFMF2016.
Mark Blyth in The Guardian, "By the end of 2015 market commentators were clamoring for an interest rate rise from the Federal Reserve to restore confidence."
The historic Paris Agreement at the 2015 United Nations Climate Change Conference achieved a record number of individual country commitments to decarbonize their economies. Now we need businesses to make these commitments real. By cultivating an environmental consciousness through a required interdisciplinary course called Natural Collections: Perspectives on Science, Art and Nature, IE Brown readies graduates to:
• Innovate to meet new emissions standards
• Capitalize on the growth of a 21st century clean energy economy
• Pursue policies that build brands aligned with growing environmental values
• Create a sustainable society and planet for economic growth
To read the rest of this story, click here.
Check out the Linkedin Pulse article, Managerial Capital & Fitness for the VUCA World by Kheepe Moremi, Managing Partner at Moremi and Associates and IE Brown Alum 2015. As a strategy and marketing advisor to top leadership in government and the private sector, Mr. Moremi provides advice for executives wondering, “how can I grind out improvement performance in these tough trading circumstances?”
You can see IE Brown’s influence on Mr. Moremi’s thinking in this advice-filled article from the beginning to the end. His title riffs off a previous IE Brown course, Behavioral Fitness. Recognizing the limitations of a traditional MBA and reflecting IE Brown’s “beyond business” approach, he concludes - “If you are considering enrolling in a business school program, firstly determine whether the program in question gives you the tools to develop a unique perspective. Secondly, determine whether the program provides you with a ‘diverse managerial toolbox.’ If the emphasis of the program is on 2 by 2 matrices only, be aware that you be buying a hammer, which may not be suitable for all managerial challenges."
Congratulations to Garrett Koehn, President of Northwestern US at CRC Insurance Group and IE Brown Alum 2012 for the development and launch of a breakthrough cyber liability tool, CRC’s Exclusive Benchmark Assessment Report System.
Read more about Koehn's innovation, here.
Who says class ends when the bell rings? Check out this article by Jerome Vetillard, Microsoft Enterprise Architect and IE Brown Alum ‘15, on cloud security. He was inspired to share his excellent cybersecurity insights by his classmates in the IE Brown IT Strategy Class.
You can read the article here.
And they’re off. IE Brown ‘16 students arrived in Cape Town, South Africa for a week-long experiential learning session. We throw students into a foreign environment with unfamiliar rules and culture to force them to apply their IE Brown business skills to develop market solutions.
Click here to read more about the South Africa experiential session.
In this article, Brown Professor of International Affairs, Political Science and IE Brown Peter Andreas addresses the familiarity of El Chapo to the international drug trade, and how his capture will leave the public looking for someone new to blame. "Having a drug lord like El Chapo to point a finger at for America’s growing heroin problem makes it easier to gloss over the fact that there are actually far more prescription opioid overdoses than heroin overdoses; and even though four out of five heroin users in the US reportedly began by using prescription opioids, El Chapo, not big pharma, grabs our attention."
In an aging world racked by economic crises, Jerome Vetillard, Microsoft Enterprise Architect and IE Brown Alum ‘15, shares his thoughts on the challenges facing healthcare and the role digital innovation can play. As he states, “It is not about using IT cloud services to address healthcare service providers issues (although it might be part of the solution), but really to embrace cloud services architectural patterns in an attempt to zero marginal cost healthcare services.”
You can read the article here.
By Bilal Arif, IE Brown Alum and Head of Due Diligence, Integration & Alliance Management-Technical Operations, at Shire
I won’t kid you. The IE Brown Executive program was brutal - especially with a full time job and three kids. But what I gained from that hard work was life changing in ways that I would never have thought.
To read Bilal's full story, click here.
Bridging the Gap From Functional to GM-level Performance: Q&A with ICON VP and IE Brown Alum Mary Pan
Given your success in the healthcare sector, why did you decide to get an Executive MBA?
At the time, I was head of medical affairs for a major healthcare company, but I wanted a new career challenge - an executive position at a global company managing a large P&L. Though I was a top expert in my field of healthcare (biopharmaceutical and medical devices), I didn’t have a general management field of vision. I needed to break out of the narrow focus of my functional area and gain access to perspectives across my industry’s footprint. The IE Brown Executive MBA proved to be an excellent solution.
Why IE Brown?
Having completed my undergraduate degree at Brown in Economics, Psychology, and Brown’s Program in Liberal Medical Education, I knew the value of Brown’s unique capacity to encourage new ways of seeing based on rigorous integration of data mined from multiple cultural and disciplinary perspectives. I knew that this was the broad general management thinking that I needed to lead companies in a global and rapidly evolving world.
Click to read Mary's full interview.
How to Win in Emerging Markets - Insights from Deloitte Executive Lead and IE Brown Alum Kheepe Moremi
Emerging markets offer a number of tantalizing business opportunities from new markets to lower production costs. But how do you actually “win” in these markets? Check out Deloitte Executive Lead and IE Brown Alum 2015 Kheepe Moremi’s article for his advice.
Brown Professor of International Affairs, Political Science and IE Brown Peter Andreas comments in this article about Chinese cyber attacks and the development of the far eastern country. To be fair to China, theft has been a part of many nations’ development. During the 19th century, for example, American merchants benefited greatly from textile technology lifted from England, according to Andreas.
Ashutosh Varshney and Patrick Heller discuss Modi's newly announced urban plan entitled Smart Cities in the India Times, "Perhaps the most telling evidence of the importance of participation comes from the experience of the poor and less educated in Bangalore. We found that although participation rates overall are low, the poor who do participate get a better quality of life in terms of access to basic infrastructure and services than those who do not participate."
IE Brown Executive MBA Scores in Top 10 in Ivy Exec's 2016 Best Joint Executive MBA Programs for career advancement, reputation, and curriculum
Reflecting the demand for an MBA designed for 21st century business challenges, IE Brown Executive MBA advanced to the top ten in the Ivy Exec 2016 Best Joint Executive MBA Programs in three out of the five ranking categories for joint programs including career advancement, reputation, and curriculum.
New York Times paper subscribers woke up last week to a Google Cardboard VR viewer alongside their daily newspaper. Slowly we got up the nerve to download the app, unfold the box, put these strange but simple goggles to our face and immerse ourselves in a New York Times article, The Displaced - a story about the effects of war told through the story of three children.
Edward Steinfeld Appointed to Director of Brown’s Watson Institute of International and Public Affairs
Brown University has chosen Edward Steinfeld, currently the Dean’s Professor of China Studies, director of the China Initiative and professor of political science and at IE Brown, as the new director of the Watson Institute for International and Public Affairs. Steinfeld begins his new position Jan. 1, 2016, succeeding Richard M. Locke.
With every day that passes, there are frightening headlines of data breaches, theft, ransomware, and other acts that give us all pause. Just yesterday a high-profile hotel chain warned customers that their credit card information, including the cardholders' names, has been stolen by hackers. Though early in the investigation, it's believed the hackers broke in and maintained their access for almost a year.
IE Brown Alum Nick DeLena discusses the issues surrounding cyber protection and preparation and how companies can be more #CyberAware.
The IE Brown Admission Committee makes a rigorous selection among the large numbers of candidates who apply, selecting dynamic, creative, high-potential profiles who stand out by their academic and professional achievements as well as interpersonal skills. All applications received from the 8th of October to the 30th of November will be considered for the Early Admission Process.
Participate in the Early Admission and you will receive your final admission decision in a fast track manner, allowing you to plan early on and kick-start your studies.
Thinkers50, the premier ranking of global business thinkers, has announced that IE Business School Professors Enrique Dans, Lee Newman, Juan Pablo Sampere, and Steve D’Souza are among the business gurus shortlisted for this year’s Distinguished Achievement Awards.
Mark Blyth, a political economist at Brown University and the author of Austerity: The History of a Dangerous Idea, traces the concept of fiscal austerity back to the 17th-century British philosopher John Locke and an ambivalence toward state power.
The “Economic Policy Simulator” created by IE Brown Professor Gayle Allard, alongside the IE’s Multimedia Content Development team, has received top honors in the Business Classics 2015 category of the Multimedia Educational Resources for Learning and Online Teaching (MERLOT) Awards program.
Brown University’s governing body voted Friday to begin issuing a master’s in business administration for the first time in its history, carving out a decisive, if small, claim to the business school landscape.
The move builds on steps the school has already taken to expand into business education: Since 2011, the Providence (R.I.) university and Madrid’s IE Business School have collaborated on an executive MBA program. Previously, however, graduates of the 15-month program received only a degree from the Spanish school. Now completing the program will earn students degrees from both institutions.
Brown University welcomes 20 global executives to the IE Brown Executive MBA program on March 9 - 21, 2014 for a unique program that goes beyond business and prepares a new type of executive for the challenges of today's dynamic market. During this 15-month program of residential and online learning, these executives will combine management science with the liberal arts and humanities at Brown, at the IE Business School in Madrid, and on a global experience in Cape Town, South Africa.
Providence, R.I. (Brown University)
From among all the MBA programs offered in the US and abroad, 20 fast-track business leaders will build their competitive edge with an IE Brown Executive MBA. These executives, from 12 different industries and 14 countries, are the fourth cohort to enroll in this innovative program offered by top-ranked IE Business School in Madrid, Spain, and Brown University. When they arrive on March 9 for their first residential session at Brown, they will be ready to tackle a challenging curriculum of management science, liberal arts, and humanities.
This new cohort of students averages 14 years of work experience and 37 years of age with a range in age from 31-56 years. Like the three IE Brown EMBA classes before them, 33% are women and all are eager to push their thinking in this program by going beyond the boundaries of a traditional MBA. By integrating innovative management science with the human sciences of liberal arts and humanities, the IE Brown EMBA is a platform for business leaders to hone their skills and to explore the increasingly complex economic, social, and political forces shaping our world. Graduates become leaders and entrepreneurs who do not shy away from the difficult questions, and change agents in their organizations, industries, and communities.
"We are looking forward to welcoming the IE Brown students," said Angus Kingon, Academic Director of this program at Brown, and Professor of Engineering. "I'm impressed with the diverse perspectives and energy these executives bring to campus. They will get right to work, coalesce as a learning community, and go after the tough challenges together. Best of all, they will form a powerful network and become a lifelong resource for each other."
During the 15-month program, these students meet for two residential sessions each at Brown and IE, and tackle a complex and real problem in their global experience in Cape Town, South Africa. When not face-to-face, they learn online in a business-friendly format that respects the demands on their time, and allows them to continue working while earning this degree. By gaining new knowledge, perfecting their managerial skills, and becoming more responsive to the global context of their work, these students emerge as highly effective business leaders.
This new class will graduate sooner than they imagine. With an MBA from IE, they become alumni of Brown as well and, like those before them, they will have an impact at Brown and beyond. Recent IE Brown alumni are creating companies, hiring their classmates, and creating internships and other opportunities for Brown undergraduates. IE and Brown welcome these students who are ready to make a difference.
IE Brown Executive MBA
Brown University and IE Business School
Founded in 1764, Brown University is the seventh-oldest college in the United States. Brown is an independent, coeducational Ivy League institution comprising undergraduate and graduate programs, plus the Alpert Medical School, School of Public Health, School of Engineering, Executive Master of Healthcare Leadership and the IE Brown Executive MBA. Brown is a leading research university that maintains a particular commitment to exceptional undergraduate instruction. Its vibrant, diverse community consists of 6,000 undergraduates, 2,000 graduate students, 400 medical school students, more than 5,000 summer, visiting and online students, and nearly 700 faculty members. Students come to Brown in Providence, Rhode Island, from all 50 states and more than 100 countries.
IE Business School in Madrid, Spain, is consistently ranked as one of the best business schools in the world. Founded in 1973 as an independent, post-graduate institution, IE has earned a reputation as an innovative, entrepreneurial school offering a range of management programs in undergraduate, masters and doctoral studies, MBA and executive education. IE has transformed management education with practice-oriented programs, incorporation of the humanities into business education, and use of blended learning that combines online and face-to-face interaction. More than 40,000 IE alumni hold management positions in 125 countries.