Dr Michael Frese wins Distinguished Scientific Contribution Award

Dr Michael Frese Our heartiest congratulations to Professor Michael Frese, who has been awarded the 2015 Distinguished Scientific Contributions Award by the Society for Industrial and Organisational Psychology (SIOP). The award honours individuals who have made the most distinguished empirical and/or theoretical scientific contributions to the field of industrial and organisational (I-O) psychology.

The award, in recognition of a lifetime achievement, comes after Dr Frese’s selection as a Fellow at the Academy of Management (AOM) last year.

“SIOP is the biggest national association in Industrial and Organisational Psychology. It includes scientists from business schools (about half) and from psychology departments. I firmly believe that I could only get this award because of my work during the last six years here at NUS Business School, including the grants that I received here. It is a great intellectual climate and it assembles some of the best minds in science,” says Dr Frese.

Dr Frese received his Diploma and Doctorate from the Free University of Berlin and Technical University Berlin respectively and holds a joint appointment at National University of Singapore, Business School and Leuphana University of Lueneburg (Germany). His research spans a wide range of basic and applied topics within organisational behaviour and work psychology. He is also known for his cross-national research on innovation. Most recently, he has analysed cultural factors in organisations and across nations, research that looks at psychological success factors in entrepreneurs in developing countries and in Europe, and at innovation.

With over 120 peer-reviewed articles, 200 book chapters, 20 books, over 40 invited congress keynote addresses and large scale research grants (from 50,000 to a few million Euros), he remains one of the most influential and frequently cited management scientist and organisational psychologist in the world today.

 

 

Bizad Charity Run kicks off 50th Anniversary Celebrations

Our 50th anniversary celebrations got under way with an event to give back to the community. The Bizad Charity Run 2015 saw more than 1300 staff, students and alumni of the School come together to raise more than $140,000 to support financially-strapped undergraduates, as well as help Assumption Pathway School (APS) students who do not qualify for mainstream education.

Now in its fifth year, the annual flagship event has raised more than $525,000 in donations. It serves as a major event that brings the School community together to start the New Year by contributing to a great cause.

NUS Bizad Charity Run 2015

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“I don’t want any regrets when I look back at my life”: Leonard Lee

A computer programmer at the age of 14, then a PhD scholar at MIT and a marketing professor. Not exactly a typical career progression. Dean’s Chair and Associate Professor Leonard Lee explains his unconventional career decisions in an interview with Outside-In:

Early Years

“I was 14 when my dad brought home our first computer and I quickly developed a passion for programming,” recalls Leonard of his interest in technology in the early years. After junior college, he was awarded a scholarship from the National Computer Board (NCB), (now known as the Infocomm Development Authority (IDA). After completing a BSc in Computer and Information Science at NUS and an MS in Computer Science from Stanford, he returned to Singapore to join the IDA. “I used to work with a lot of organisations and government agencies, and in the midst of the dot.com boom in the late 1990s, everyone seemed to be scrambling to find his or her own identity in the emerging cyber era,” he recalls.  He admits that even though he knew he wanted to be an academic, he wasn’t sure of what area he was specifically interested in or wanted to pursue.

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Outstanding Achievement Award for Undergrads

The Auditor-General’s Office (AGO) is to sponsor an Outstanding Achievement Award for NUS Business School undergraduates. Auditor-General Willie Tan and Dean Professor Bernard Yeung signed a Memorandum of Understanding on December 10, 2014, which will offer award recipients the opportunity of an internship with the AGO. The award will be given to the top third-year Bachelor of Accountancy undergraduate from the School each year.

(L-R) Deputy Auditor-General Low Jin Kwan, Auditor-General Willie Tan, Dean Bernard Yeung and Professor Ho Yew Kee

(L-R) Deputy Auditor-General Low Jin Kwan, Auditor-General Willie Tan, Dean Bernard Yeung and Professor Ho Yew Kee

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New Programme to Groom Asian Finance Leaders

The School recently announced the Asia Leaders in Financial Institutions (ALFI) programme to equip finance industry practitioners with the capabilities to assume regional and global leadership responsibilities.

program-img-alfi-thumbnail3The programme, designed for senior directors and managing directors in the financial sector, will feature a curriculum aimed at strengthening thought leadership, professional competencies, and change management skills for turbulent times. Through immersive visits to global financial centres such as New York, Beijing and Mumbai, participants will meet with top officials and financial sector leaders, attend global CEO roundtables, and work on capstone projects – all within a span of eight months.

“Our premise is that visionary and effective leadership is built upon a broad platform, where a sound understanding of the fundamentals is supplemented with exposure to the inspirational journeys of other leaders,” said Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor at NUS Business School.

ALFI NUS“There is still a comparative lack of strong senior Asian voices, not just in financial institutions but also within financial regulators. As Hong Kong, Singapore and Shanghai – and hopefully Mumbai, too – become more successful as financial centres they will need locally-trained leaders who understand Asian cultures and regulatory regimes,” says Professor Joseph Cherian, Director of CAMRI.

Enrolling its first cohort in September 2015, the ALFI programme will feature a curriculum aimed at strengthening thought leadership, professional competencies and change management skills, while providing rigorous training and systematic mentoring.

Besides the School faculty, ALFI curriculum is designed in partnership with leaders and CEOs who are high-level industry practitioners in Asia, and who hold appointments at the School. They include:

  • Dr Duvvuri Subbarao, former Governor of the Reserve Bank of India, Distinguished Visiting Fellow
  • Mr Masaaki Shirakawa, former Governor of the Bank of Japan, Distinguished Visiting Fellow
  • Professor Anthony Neoh, former Chief Advisor to the China Securities Regulatory Commission,      Dean’s Visiting Professor
  • Professor Liew Mun Leong, Provost’s Chair Professor and former Chief Executive of CapitaLand Group
  • Professor Kim Sun Bae, Professor of Economics Practice and former Chief Asia Economist at Goldman Sachs.

To read an interview with Dean Bernard Yeung and Professor Joseph Cherian about this programme, click here

Can Women in Finance Have it All?

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Many sources of research demonstrate a striking correlation between gender diversity in senior management to superior corporate performance.

To delve deeper into this finding and discover “How Does One Get More Women into Senior Management Roles,” the Centre for Asset Management Research and Investments (CAMRI) held its second “Influential Women in Banking and Investments Forum.”

Speakers from Barclays Capital, Egon Zehnder and Nikko Asset Management, shared guidance and advice derived from their professional and personal experiences on how they overcame the “double burden” syndrome of balancing work with domestic responsibilities.  According to McKinsey’s 2012 Women Matter survey, this syndrome was deemed the biggest barrier in Asia to increasing gender diversity within the top management of corporations.

“It’s impossible to have it all with no trade-offs,” said Elaine Yew, Member of Global Executive Committee and Managing Partner, Egon Zehnder. “The five factors that made it possible for me to develop my career are role models, a strong support system, a company that was progressive and a supportive partner who was willing to compromise.”

At the close of the forum, all the panellists were asked if they have any regrets?  The answer – a resounding “No!”

Congratulations to the NUS Cerebration 2014 Global Champs from India’s NMIMS

The Guest of Honour, Marc Hantscher, President, Bosch and Siemens Home Appliances for Asia Pacific presented the prize to the winning NMIMS team

 

A new champion was crowned at the finals of NUS Cerebration 2014 held on 12 November at the NUS Guild House. The grand prize of S$10,000 went to MBA students from School of Business Management, NMIMS Mumbai (NMIMS), consisting of Aman Jain, Anisha Mukhija and Prince Jain. Teams from Anderson School of Management, Kenan-Flagler Business School and Tuck School of Business joined the NMIMS team in the Grand Final.

The winning team impressed the judges with their proposal for devising the most feasible and convincing business strategy for a Singapore-based interior furnishing company whose business has not been performing as well in India as it has in other Asian markets. The judges were impressed by the thorough research and comprehensive proposal, which included strategies for the premium market, cross-selling and social media engagement.

Cerebration Judges

Cerebration’s esteemed judges included representatives from sponsors Daimler Financial Services, Spring Singapore and OUE.

“It was fantastic to take part in the finals of Cerebration 2014 in Singapore and see the excellent and innovative ideas of the other teams. Despite the pressures, challenges and disagreements we faced leading up to this stage of the competition, it has definitely been an experience that stretched our ability to work as a team, and that is something that will come in useful in the course of our careers,” said Ms Anisha Mukhija from NMIMS.

Organised entirely by our MBA students, the event attracted entries from 601 teams from 150 business schools in 34 countries. Now into its 10th year, the annual NUS Cerebration has seen many changes, including how case requirements have evolved to keep pace with industry developments. This year, participants were tasked to address the transformation of the global economy and rapid digitisation of business and consumer lifestyles – real challenges faced by sponsors Daimler Financial Services and SPRING Singapore.

“NUS Business School is proud to host the world’s largest student-organised MBA case competition and be a global platform for the exchange of knowledge and ideas, in line with our vision to be Asia’s leading business school,” says Associate Professor Susanna Leong, Vice Dean of Graduate Studies, NUS Business School.

For the organisers, it has been a fulfilling journey with unforgettable memories of camaraderie among fellow organisers and students from all over the world. Remarked Mr Amrit Dureja, leader of the Cerebration 2014 organising team and NUS MBA student: “It has been an opportunity we are all thankful for, and an honour to be part of the organising team for the 10th edition of Cerebration. I look forward to seeing future cohorts of NUS MBA students benefit from this enriching experience, just as we have.”

Honouring our Trailblazing Alumni

USE THIS_6K1A0131 New 4.jpg_SmallerOnce every two years, we recognize the achievements of alumni who have distinguished themselves as leaders in the private and public sectors.  These are men and women who have made a difference in industry and society, whose accomplishments are a reflection of both their leadership acumen and NUS Business School’s vision of excellence.

This year, a total of 10 outstanding individuals from industries and fields such as agriculture, entrepreneurship, logistics, healthcare, real estate and sports were honoured. Their impact as leaders is seen not just in Singapore, but also in major economies like China and Japan. In addition, the School’s eminent alumni serve on boards across industries in Singapore and elsewhere in the region, and exemplify NUS Business School’s vision of leading from Asia. The recipients were presented their Awards by Singapore’s Minister for Trade and Industry, Mr Lim Hng Kiang.

“NUS Business School has been instrumental in nurturing business leaders, not just for Singapore, but also the region and world,” said Peter Seah, Chairman of DBS Group and alumnus of NUS Business School (BBA Honours, 1968). “Today, it has almost 3,000 students and thousands more alumni, after starting out with a pioneer batch of just 22 students, of which I was one. I am heartened by how the School has adapted well to changing business landscapes and practices.”

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At the Awards ceremony, Minister Lim also launched the School’s 50th anniversary celebrations with the unveiling of its 50th anniversary logo. Inspired by the School’s Mochtar Riady Building, the logo design features reed-like columns symbolising flexibility and stability.

More information about this year’s award recipients can be found here.To view interviews of the award recipients, click here.

NUS Business, Computing Schools first to offer IBM-Watson Education in the region

IBM signing

 
NUS today signed a partnership agreement with IBM to become the first University in Southeast Asia to offer Watson Cognitive Systems Education. This collaboration will extend cognitive systems activities at NUS Business School and NUS School of Computing through in integrative real-world learning experience based on IBM’s groundbreaking technology.

Watson technology mimics human decision making- scales and democratizes expertise. It processes information like a human by understanding language, generating hypotheses based on evidence and continual learning.

This landmark agreement will allow NUS Business School students to develop business innovations, nurturing a new generation of innovators to bring to life a generation where people and machines work together to resolve business challenges. Students will learn about Watson and its underlying technologies that are required to develop cognitive systems applications. They will then be grouped into project teams to develop prototype applications and a business plan for their industry of choice such as, banking, retail or telecommunications.

“As a leader in education and research in cognitive computing research, NUS aims to groom future-ready students who can harness this combination of science and technology to create innovative products and services,” said NUS President Professor Tan Chorh Chuan. “It is crucial for our students to be able to work with the most cutting-edge systems and technologies, and hence we are truly excited about this partnership with IBM which will enable this through a multidisciplinary and systematic approach.”

Held at Marina Bay Sands, the event was hosted by Janet Ang IBM’s Managing Director for Singapore, and Yaacob Ibrahim, Singapore Minister for Communications and Information was the Guest of Honour. Representing NUS were President Professor Tan Chorh Chuan, Professor David Rosenblum from School of Computing and Business School’s very own Dean, Professor Bernard Yeung.

Banca Sella Delegation Visits NUS Business School

The School recently hosted a 16-member delegation from Banca Patrimoni Sella, a leading banking group in Italy. Led by the owner and CEO, Mr Federico Sella, and facilitated by the Italian Chamber of Commerce in Singapore, the delegation comprised of top asset managers and private bankers from Italy, Switzerland and other European countries who were keen to explore collaboration opportunities with the School.

Banca Sella Italy

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