A recent study on diversity in Asia Pacific boardrooms established that companies that have at least 10 per cent of their board seats held by women perform better financially.
Professor Ho Teck Hua has been appointed Deputy President (Research and Technology) at NUS. Beginning 1 June, 2015, he will take over from Professor Barry Halliwell, who served in the role since 2006.
Prof Ho started his academic career at NUS in 1988, and life has come to a full circle for the prominent behavioural scientist who moves back to Singapore after living in the US for more than two decades.
“It was a difficult decision (to move back), but I believe that NUS will achieve greater heights under the current leadership, so I am very excited to join the leadership team, and also to serve Singapore,” he said in an interview with The Straits Times.
Prof Ho holds a Bachelor of Science with First Class Honours in Electrical Engineering (1985) as well as a Master of Science in Computer and Information Sciences (1989) from NUS. He has also received a Master of Arts (1991) and a PhD (1993) in Decision Sciences from The Wharton School, University of Pennsylvania. Continue reading
NUS Business School is joining forces with the University of Chicago Booth School of Business to develop human capital for Asia’s dynamic economies and corporations through a series of executive education programmes. To be named the Asia Executive Series, it kicks off in November 2015 with the intensive one-week ‘Emerging Chief Financial Officers (CFOs) for Asia’ programme.
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.
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:
“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.
Congratulations to the following faculty members who have won various faculty teaching awards at NUS Business School:
Assoc Prof Li Xiuping has won the Faculty’s Young Researcher Award. Also a nominee for Young Researcher at the University level, Xiuping works in the area of behavioural decision theory, focusing her research questions with theoretical and practical impact. This is an important stream of research especially in consumer behaviour.
Due to the relevance of her research to industry marketing practices, her work has generated a high level of media interest, and has been featured in the New York Times, CNN, CBS, WSJ, and various regional and local media platforms. Her research has also been published in the Journal of Consumer Research.
We’re also pleased to announce that nine of our faculty members have won the School’s Teaching Awards, which recognise exceptional commitment to excellent teaching:
In addition, we congratulate the new faculty appointees: Professor Sumit Agarwal will serve as Vice Dean of PhD & Research, Professor Kulwant Singh will serve as Head of the Department of Strategy & Policy and Associate Professor Leonard Lee has been appointed Dean’s Chair for a period of three years.
Congratulations to all the faculty members!
The Centre for Governance, Institutions and Organisations (CGIO) recently launched its 2014 Singapore Board Diversity Report.
Focusing on 676 listed companies, covering 4,629 directorships the report found that while Singapore still trails behind the region, we are seeing more diversity in gender, age and ethnicity.
Dr. Marleen Dieleman, Associate Professor and Associate Director for CGIO presenting the key findings. The results showed that a lot more can be done:
– Diverse boardrooms see nearly five times better ROA
– Only 7.7 per cent of SGX-listed boards are diverse in gender, age and ethnicity
– Female representation on SGX-listed boards increases marginally from 7.9 to 8.3 per cent, remains behind region
With evidence that greater diversity pays off for boards, Guest of Honour, Grace Fu, Minister in the Prime Minister’s Office, Second Minister for Environment and Water Resources and Second Minister for Foreign Affairs calls for companies to re-examine their board selection process and encourages companies to broaden their search beyond their usual social circles. Companies should also explore identifying and grooming board-ready candidates from within, says the NUS Business School alumna.