EVENT NEWS: Describing itself as “the definitive listing of the world’s top 50 business thinkers,” next month the Thinkers 50 Summit in London will unveil its global ranking for 2011. Breakthrough thought-providers have been shortlisted based on various criteria, including the originality, practicality and impact of their ideas, and the loyalty of their followers. The ranking takes place every two years, and this year’s shortlist includes a number of professors from schools including Rotman School of Management, Saïd Business School, INSEAD and Stanford Graduate School of Business. Most of these professors also teach executive education programs, and this spotlight on their research is likely to led to an increased interest in their teachings too.
From Tuck Executive Education, Professor Vijay Govindarajan has been nominated for two awards: The Breakthrough Idea Award and The Innovation Award. Govindarajan teaches a number of programs and courses at Tuck, such as the Global Leadership 2030 program, of which he is also the Co-Faculty Director. He took up a “professor in residence” post at GE in 2008, leading to his discovery of the concept of reverse innovation. But it was primarily his “$300 House” campaign that has earned him a place on the Thinkers 50 Shortlist. Alongside Christian Sarkar, he posed the question of creating well-designed, safe and affordable housing for the world’s poorest people in August last year. They offered their own simple solution and wondered if a version could be mass-produced for $300, thus making the $300 House campaign a full-fledged movement.
Similarly, the Global Leadership 2030 program that Govindarajan teaches covers topics including rural marketing, innovation strategy and in-depth consideration of developing economies such as India and China.
Another professor shortlisted is Columbia Business School’s Rita McGrath whose book, Discovery Driven Growth (with Ian MacMillan), has earned her a nomination for The Strategy Award. In particular, her thoughts on how to create breakthrough processes to reduce risk and seize opportunities have been commended by the Thinkers 50. McGrath teaches the Leading Strategic Growth and Change program at Columbia, which shows participants how to thrive in a rapidly changing, highly uncertain environment. “In this program, we insist on driving strategic decision-making from the perspective of deep insight and differentiating,” she says, “rather than going along with the crowd.”
Taking place in London for the first time on 14 November 2011, the Summit is likely to generate a lot of interest, as in the two years since it last took place, huge changes in the global business environment have made leadership research and ideas more valued than ever before.
Other professors and schools receiving attention through these awards include:
• Dean Roger Martin of the Rotman School of Management;
• Professor Linda Scott from Saïd Business School;
• Professor Herminia Ibarra from INSEAD; and
• Professor Jeffrey Pfeffer from Stanford.
Tuck Executive Education’s Profile on IEDP
Columbia Business School’s Profile on IEDP
Saïd Business School’s Profile on IEDP
INSEAD’s Profile on IEDP
Stanford Graduate School of Business’s Profile in IEDP