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News

Nyenrode launches 65 Scholarships Program
For the academic year 2011/2012, 65 scholarships will be available at Nyenrode Business Universiteit to mark Nyenrode's 65th anniversary. The scholarships, worth a total of 1.3 million euro, are funded primarily by the alumni of Nyenrode. The scholarships are made available for candidates for the Nyenrode International MBA and MSc in management programs. For more information about the Scholarship Program and how to qualify, visit www.nyenrode.nl/scholarships.

Gloria Geschiere wins FD Career Challenge 2011
Gloria Geschiere, an interim manager with the government, has won the FD Career Challenge. She will receive a grant to the value of € 47,500 for the Nyenrode Executive MBA. In the FD Career Challenge 2011, the search was for the New Worker. In a short essay, SlideShare presentation or YouTube film, participants had to show how they put the 'new style of working' into effect and what opportunities they see. In the end, over 800 people sent in their contributions. The participant's network played an important role in the evaluation of the ideas. The candidates could call for feedback on their ideas via LinkedIn. During webinars, participants received information on networking, personal branding, the new style of working and other issues. The fifty finalists in the FD Career Challenge competed for the title on 11 - 12 March in a two-day mini-MBA at Nyenrode.

Dean Southall is Expat of the Year 2011
On 29 March, Dean Southall was elected the Netherlands' Expat of the Year 2011. The title Expat Employer of the Year went to IMC Financial Markets and Asset Management. The Knowledge Centre for International Staff of Maastricht University was awarded Expat Service Provider of the Year. The Expat Awards are initiated by Nyenrode, Expatica and Undutchables to recognize the efforts and successes of the international and expat community in the Netherlands. The ceremony took place at Nyenrode. Other event partners this year were ABN AMRO, the Netherlands Foreign Investment Agency and the Royal Tropical Institute.

Second Henk van Luijk Lecture
The second Henk van Luijk lecture will be held on 31 May. Herman Wijffels, a former board member of Rabobank, SER and the World Bank, will speak about the current and future relationship between ethics and economics. The Henk van Luijk lecture is organized annually by Nyenrode and MVO. Prof. Henk van Luijk (1929-2010) was a pioneer in European business ethics and the 'grand old man' of business ethics in the Netherlands. He founded Nyenrode's European Institute for Business Ethics (EIBE) in 1994. Read more (in Dutch)

Business Seminar: 'Accountancy and the Small to Medium-size Business Sector in the 21st Century'
The participants in the 'Masterscriptie NU!' (Master's thesis NOW!) project received their diplomas on Thursday, 24 March. In this project, over 130 students wrote a thesis within the framework of the research project 'Accountancy and the small to medium-size business sector in the 21st Century'. Their research has shown that businesses in this sector are struggling under the burden of high administrative costs. For small companies (with a turnover of up to € 5 million), these amount on average to 5-8% of turnover. For larger companies (with a turnover of up to € 250 million) the average ratio is 1.5%. The diploma ceremony was followed by a business seminar involving parallel sessions with a number of research findings from these masters' theses and a presentation of the benchmark. Read more about the research (in Dutch)

Leadership Program 'The Myth'
On Friday 15 April, Theatergroep Plezant will stage a leadership program in cooperation with Nyenrode. Prof. Dr. André Wierdsma, Nyenrode's professor of Organization and Co-creation, and Prof. Wessel Ganzevoort, special professor of Organizational Dynamics and Innovation at the UvA, will deliver a program centred on the confrontational and inspiring musical performance 'De Mythe' (The Myth). The performance is about (personal) leadership in times of change. The event will be held in De Theaterloods in the nature reserve of Radio Kootwijk. You can order tickets and get more information (in Dutch) at: www.plezant.nl

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Program News

nextOne Business Game for MSc candidates
On 28 and 29 April, Nyenrode organizes a business game for MSc in Management candidates. The prize is a full-time MSc in Management Scholarship. The game is about nextOne, a fictional, innovative corporation that develops and produces smartphones. Contestants will enter this high-tech market and try to beat the competition: Microsoft, Palm, HP, etcetera … The market is transparent, complex and fiercely competitive. The contestants will lead this company and face challenges and dilemmas that need quick and strong decision making. Candidates who are interested in participating in the business game can register at: www.nyenrode.nl/msc

Executive MBA students study business innovations
Nyenrode's Executive MBA students start to study the use of new technologies, such as cloudcomputing and social media, in business innovations. Cloudcomputing is one way to apply softwaretools that are available on the internet. In the program 'Business Model Innovation' Nyenrode and consulting and IT serviceprovider Capgemini will work together intensively. The students will develop business cases in which IT strategies are valued and confronted with new technologies. Read more (in Dutch)

CRM Leadership Program accredited by NIMA
As of 9 March 2011, Nyenrode's Executive Professional Program in CRM Leadership is accredited by NIMA. This accreditation took place within the framework of the Senior Marketing Professional (SMP) program. Senior Marketing Professional is an international marketing title at the second-highest level achievable. This European title was introduced by NIMA at the start of 2010. After initial certification, a certified marketeer has to keep up his marketing expertise, expanding and deepening his knowledge, insight and skills via permanent education. In that way, one can be certain that the knowledge of a certified marketeer is up to date. Nyenrode was already active in awarding PE points for accountants and controllers, and this has now been extended to marketeers. The accreditation can give participants in the Executive Professional Program in CRM Leadership up to 30 PE points.

Fraud Days: "Fraud in View"
Nyenrode will be organizing the 'Fraud Days' in May and June. For four days, professionals with hands-on experience of various themes will update the participants regarding the latest developments in the field of fraud. Topics include fraud in financial reporting, recognizing signs of fraud, the psychology of fraud, investigating via open internet sources and current news, fraud and whitewashing, and bankruptcy fraud. The Fraud days are of interest to various groups, such as lawyers, tax advisors, consultants, accountants and controllers. For more information, send an email to: pe@nyenrode.nl or view the website (in Dutch).

Faculty

Inaugural lecture Jacques de Swart
On 18 March, Prof. Dr. Jacques de Swart MBA, Professor of Applied Mathematics, held his inaugural lecture on the use of mathematics in the area of accountancy. The title was "Brug tussen wiskunde en boek houden" (Maintaining the bridge between mathematics and bookkeeping). De Swart was appointed last fall. Accountants and controllers have to be able to check the increasing quantity of data ever faster. Applied mathematics should help them do their work more efficiently. An interview with Jacques de Swart is now online.

Doctorate for Ferdy van Beest
On 6 April, Ferdy van Beest obtained his doctorate at the Radboud University in Nijmegen. Van Beest lectures in Financial Accounting Theory and External Financial Reporting as a research subject and also acts as a thesis mentor in External Financial Reporting at the Nyenrode School of Accountancy & Controlling. The title of his doctoral thesis is "Rules-Based and Principles-Based Accounting Standards and Earnings Management".

Research & Publications

Second Edition of Paul de Blot's Book on Business Spirituality
A second, improved edition of the book "Business spiritualiteit. Een vernieuwingsmodel voor organisaties in crisis" (Business Spirituality. An innovative model for organizations in crisis) was released this spring. The book is by Prof. Dr. Paul de Blot, honorary professor of Business Spirituality at Nyenrode. Innovation in management based on business spirituality is based on the life dreams and deepest desires of the people in an organization. Profile Paul de Blot

Study: The Netherlands has the greatest Shortage of Young Professionals in Europe
Dutch companies have a greater shortage of young professionals than any other country in Europe, at 65 percent. The average shortage of young professionals in European companies is only 40 percent. This is the conclusion of the annual study 'Top Employers in the Netherlands' by the CRF Institute. Another striking observation is that the HR role is less strategic in Dutch companies than in other European countries. Prof. Dr. Lidewey van der Sluis, professor of Strategic Talent Management at Nyenrode, lent her expert cooperation to the study.

Campus & Alumni

Holland Innovation 2011 Event
The ninth Holland Innovation event was held at Nyenrode on 16 March. Holland Innovation links education and practice, entrepreneurs and informal investors, and the small and large economies. The event offered a combination of workshops, networking, matching and an information market. The event was sponsored by Baker Tilly Berk and EFactor.

Nyenrode Employees take part in 'NL DOET'
On 18 - 19 March, the 'Oranje Fonds' (Orange Fund), together with thousands of other Dutch organizations, organized NL DOET, the country's biggest voluntary campaign. A number of Nyenrode employees also took part. Some of them contributed to the success of an afternoon of traditional Dutch games for elderly people in the Merenhoef care centre in Maarssen, run by the Salvation Army. Others devoted work to nature conservation. In cooperation with the Kockengen Nature Group, they put up nesting boxes for barn swallows.