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News

Nyenrode Executive MBA No.1 for Career Development in FT Rankings
The Nyenrode Executive MBA is once again Number 1 in the Financial Times rankings when it comes to career development. Nyenrode was also at the top of this list in 2009. In the overall ranking, Nyenrode is in the 85th position. Read more (in Dutch)

Princess Máxima addresses Conference at Nyenrode
On 24 November, HRH Princess Máxima of the Netherlands will deliver a speech on inclusive finance at Nyenrode. The conference, 'Sustainability in the Financial Sector: Are we ready?', is being co-organized by the Nyenrode Corporate Governance Institute as part of Nyenrode's 65th Anniversary celebrations. The other speakers will be the Chairman of SER, Dr. Alexander Rinnooy Kan, and Rob Lake of United Nations Principles of Responsible Investment. Prof. Dr. Mijntje Lückerath of the Nyenrode Corporate Governance Institute will open the conference, and it will close with a panel discussion on sustainability in the financial sector. On the panel will be Claudia Kruse (APG), Marcel Jeucken (PGGM), Piet Sprengers (ASN Bank) and Marleen Jansen Groesbeek (Eumedion). Read more (in Dutch)

Death of Honorary Doctor Morris Tabaksblat
Morris Tabaksblat (b. 1937) has died on 20 October after a long illness. Tabaksblat had a close relationship with Nyenrode and made important contributions to the Corporate Governance programs. At the end of 1993, he became a member of Nyenrode's International Advisory Board. In 2008 the university awarded him an honorary doctorate for his contribution to responsible administration in the Netherlands and the administration of international companies. However, his name will be forever linked to the corporate governance code that was named after him: The Tabaksblat Code. For most of his career, Morris Tabaksblat worked for Unilever (1964-1999). From 1994 to 2003, Tabaksblat was a member (and for several years chairman) of the European Round Table, the most influential club of representatives of European business.

Rector Maurits van Rooijen opens Stock Exchange by Sounding Gong
On 21 October, Nyenrode's Rector Magnificus and CEO, Maurits van Rooijen, opened the NYSE Euronext in Amsterdam with a firm beat of the gong. He was accompanied by board members of the Foundation, committee members of the VCV alumni association and representatives of Nyenrode student associations. The gong beat announced the next event to celebrate the university's 65th anniversary. Each of the anniversary events pays special attention to a different group of stakeholders and, on 21 November, representatives of the Dutch companies that initiated the founding of Nyenrode's forefather, the Dutch Foreign Service training Institute (NOIB), will attend a special program. They are also known as the Founding Fathers of Nyenrode. Read more (in Dutch)

Nyenrode Finalist for MBA Innovation Award
Nyenrode was one of the four finalists in the competition for the MBA Innovation Award organized by the Association of MBAs. The award was presented in London on 19 October. The renowned jury consisted of Sir Paul Judge, Chairman of the Association of MBAs, Peter Lacy, Managing Director of Accenture Sustainability Services EALA, and Emeritus Professor Andrew Lock of the University of Leeds. The jury was impressed by Nyenrode's integrated technology programs, Apps in Business in the International MBA and the information and innovation program of the Executive MBA. The award was eventually won by New Zealand's University of Waikato.

15th Family Business Day on Theme of Crisis
On 4 November, the 15th Family Business Day was organized by Nyenrode together with Baker Tilly Berk and ABN AMRO. The theme was 'The family business in the crisis'. Research by Nyenrode's Center for Entrepreneurship has shown that family businesses are more stable than others, performing better, particularly during times of crisis. Of course, family firms are also affected by the crisis, but they respond in a different way than non-family businesses. Their top priority is to retain personnel. In general, family businesses consider this even more important that maintaining profitability. For that reason, many family firms have eaten into their capital reserves. Fifty percent of them have used the crisis as an opportunity to give extra consideration to innovation, with many concluding that the crisis has ultimately benefitted their business. In addition to the announcement of the results of this major survey of Dutch family businesses, the meeting was addressed by a variety of interesting speakers: Hans Kroeze, general director of the Netherlands' biggest family business (Asito, with about 65,000 employees), Nyenrode alumnus Klaas Kloosterboer, the owner of Kloosterboer, Alex van Hooff, the director of Burgers' Zoo, Henk Aa and his son and Nyenrode alumnus Daan Aa of Beaphar, and Joop Leliveld, the former director of the bankrupt construction company Midreth.

Start of the Learning Alliance for Generation Management
The Learning Alliance for Generation Management (LAG) will start on 29 November. The LAG is an active learning partnership of organizations, experts, representatives of societal organizations and Nyenrode. The LAG aims to develop and share knowledge in order to convert it into operational applications relating to generation management. This will be facilitated by such things as 'meeting of minds' gatherings, educational activities, research and action learning projects. The meeting on 29 November follows up the meetings held in March and November. At those meetings there was a discussion, together with a number of experts and organizations, of the importance to society and business of a responsible approach to the impact of changing age structure in working organizations. The aim on the 29th will be to meet with potential partners and elaborate on the Learning Alliance for Generation Management as a learning instrument. More information (in Dutch)

NFMD Annual Congress at Nyenrode
In connection with Nyenrode's 65th anniversary, the university invited the Netherlands Foundation for Management Development (NFMD) to hold its annual congress at Nyenrode and this took place on 10 November. The NFMD unites and supports professionals in management development (MD). The theme of this year's congress was 'Leadership and entrepreneurship. What does a focus on leadership and entrepreneurship in organizations mean for the MD professional?' Peter Bakker (former CEO of TNT) and André Wierdsma (professor at Nyenrode) presented their vision of leadership and entrepreneurship in organizations. In the 'World Café', about 50 MD professionals from leading organizations discussed the implications of this for their field. They also critically examined their own leadership and entrepreneurship with the aid of the Lumina Spark personal diagnosis instrument. For more information about Nyenrode and Management Development, contact Erik Maier: e.maier@nyenrode.nl

Program News

Nyenrode & RTL Masterclass Automotive in Motion
The crisis and changing consumer behavior have altered the automotive industry drastically. On 21 november, Nyenrode organizes in cooperation with RTL Z a Masterclass about this topic. More information and registration (in Dutch).

Operational Integrity Course
Achieving an honorable business culture is a matter that transcends one's own organization. Particularly as regards culture and integrity, (financial) businesses and public organizations can learn a lot from each other. With this in mind, the Netherlands Compliance Institute has developed the Operational Integrity Course in partnership with Nyenrode Business Universiteit. The course begins on 26 January 2012. See www.nyenrode.nl/INUIT

Post Master Executive Reward & Strategy Program
In cooperation with top experts and the PwC 'Reward' program, Nyenrode has developed the Nyenrode post-Master Executive Reward & Strategy Program. This is especially designed for those who have (ultimate) responsibility on a day-to-day basis for shaping strategic reward policies and want to invest more in extending and developing their knowledge, insight and skills. The program will commence on 13 March. More information

Kluwer Seminar: Horizontal Governance and the SME Sector
On 27 November, Nyenrode will hold the second seminar on Horizontal Governance and the Small to Medium Business Sector in cooperation with Kluwer. It will cover everything about intermediaries' accords, meta-governance by the Netherlands Tax Authority, new forms of horizontal governance and dilemmas for accountants and tax advisors to the SME sector. The seminar is intended for advisors to SMEs, accountants, tax advisors and entrepreneurs. For more information, visit http://www.kluwer.nl/horizontaaltoezicht/ (in Dutch).

First Graduates of Master Procurement Management
In cooperation with the University of New Hampshire (USA) Nyenrode offers procurement management education. On 28 October 2011, the first group of students obtained their executive master in procurement management from Nyenrode as well as their MBA title in procurement management from the University of New Hampshire. A part of this two year program they attended in the USA. The program is supervised by Prof. Dr. Jacques Reijniers MBA, Professor of Procurement Management.

Launch of New Board Program 11
On 3 and 4 November, Nyenrode welcomed the New Board Program group 11 for the launch of their two-year, top-level executive education program. During these two days, participants were introduced to the theme "Boards that Deliver: the non-executive role". The NBP is Nyenrode's answer to a new era in governance. It equips participants to optimize their contribution to boardroom productivity in its broadest sense. The program has been developed in close cooperation with captains of industry and leading academics. Focussing specifically on the interaction between directors, boards and stakeholders, the program is built around case studies and peer group discussions. Read more

Collaboration with Budapest in the field of interim management
On 10 November, Prof. dr. Jacques Reijniers MBA (Professor of Procurement Management), Otto van Veen (senior manager executive programs) and Peter Beerten (alumnus and chairman of VCV Kring Interim Management) lectured in Budapest during the second Central and Eastern European Interim Management Conference. Theme of the conference was 'Career Transition for Executives. Defending Goals, Transforming Your Career'. Reijniers, together wth the Hungarian Interim Management Academy, developed also an interim executive management program for the Hungarian market. The first module of this program was taught by him in Budapest, the last module take place at Nyenrode.

Faculty

Inaugural lecture by Paul Hilbers: Crisis must lead to governance reforms
The financial crisis must lead to fundamental reforms in governance. This was stated by Prof. Dr. Paul Hilbers in his inaugural lecture on taking up his professorship in Governance Policy in Financial Institutions at Nyenrode. He delivered his inaugural lecture on 21 October. As well as being a professor at Nyenrode, Hilbers is the Division Director of Governance Policy at De Nederlandse Bank (DNB). Read the press release (in Dutch)

Anke van Hal again in Trouw's 'Sustainable 100'
Prof. Dr. ir. Anke van Hal is number 74 this year in the 'Sustainable 100' list of the Dutch newspaper 'Trouw'. Anke van Hal is Professor of Sustainable Building and Development at Nyenrode. Together with Prof. Dr. Danielle Zandee, she is co-director of the Nyenrode Center for Sustainability and they jointly continue the work of Gerard Keijzers, who died last May. Van Hal is also Professor of Sustainable Housing Transformation at the Architecture Faculty of the TU Delft. Her current activities include the 'Slim & Snel' (Intelligent & Fast) project, in which she attempts, together with professionals from the entire building and energy chain, to make existing housing more sustainable. Profile Prof. Dr. ir. Anke van Hal

Gijs van Bussel Professor of Executive Reward & Strategy
Prof. Dr. Gijs van Bussel has been appointed as professor of Executive Reward & Strategy. Van Bussel is also a partner at the Human Resource Services practice of PwC. At Nyenrode he is also involved in the post-Master Executive Reward & Strategy Program. This is designed for those who have (ultimate) responsibility on a day-to-day basis for shaping strategic reward policy. Read more

Doctorate for Henk Kievit on Social Venturing Entrepreneurship
Henk Kievit was awarded his doctorate at Nyenrode on 11 November. His thesis, 'Social Venturing Entrepreneurship – a positioning', demonstrates that the impact of Social Venturing Entrepreneurship (SVE) – the resolution of difficult social issues via business principles – has steadily increased. Read more (in Dutch)

Tim Rogmans obtains Doctorate for Thesis on Determinants of Foreign Direct Investment
Tim Rogmans obtained his doctorate at Nyenrode on 8 November. The title of his thesis is "The determinants of foreign direct investment in the Middle East North Africa region".

Research & Publications

Presentation of First Corporate Governance Yearbook
On 17 November the first copy of the Corporate Governance Yearbook will be presented to Jos Streppel, the chairman of the Corporate Governance Monitoring Committee. The Corporate Governance Yearbook contains articles on business economics, legal issues, business ethics and organization. Various authors from academia and the world of practice discuss topics such as the importance of board evaluations, the 'apply or explain' principle of governance codes, the functioning of administrative bodies, governors' rewards, risk management, corporate culture, the roles of the audit committee and the accountant, and the supervisory board's report. The Corporate Governance Yearbook has been put together by an editorial team consisting of Prof. Dr. Mijntje Lückerath-Rovers, Prof. Barbara Bier, Prof. Dr. Muel Kaptein and Prof. Dr. Leen Paape. On 17 November, lectures will be delivered by Jos Streppel and Jan Maarten Slagter, chairman of the Vereniging Effectenbezitters (Netherlands Association of Stockholders). The lectures will be interspersed with two panel discussions. Read more (in Dutch)

Fourth (Revised) Edition of 'Marketing Strategy & Organization'
The fourth edition of 'Marketing Strategy & Organization' by Henry Robben, Rudy Moenaert and Peter Gouw was published recently. The book has been revised and contains up-to-date examples to illustrate the concepts in the book. Based on sound research, the authors discuss a method to create and implement a successful marketing strategy. The book will be used in various programs at Nyenrode.

Two New Nyenrode Research Papers
Two new Nyenrode research papers appeared at the end of October. The first is by Jack van der Veen and Venu Venugopal and has the title "Economic and Environmental Performance of the Firm: Synergy or Trade-off? Insights from the EOQ Model" Download paper (pdf). The second new paper, written by Rob Blomme and Annamaria Beasley-Suffolk, is called "Alignment in Organizations: Does an Interpretative Perspective Lead to a Better Understanding of the Subject? A Suggestion for Participative Self-organization as a Way to Improve Alignment". Download paper (pdf)

Campus and Alumni

Nyenrode Monopoly
We are currently working on a special Nyenrode version of the game 'Monopoly'! With your fellow players, you will be able to experience Nyenrode's highs and lows, past and present. That is, of course, if there is enough enthusiasm and enough financial sponsorship is found. The target price is € 50 per set (hopefully less, depending on the sponsors) and we aim to have it available by mid-June 2012 for the end of the anniversary year. Are you interested? If so, please register by sending an email to monopoly@nyenrode.nl.

One Million Snowflakes
'One Million Snowflakes' is a new collaborative venture of 'professionals with a heart' who believe in a better world and have decided to realize that world. They do this by gathering the value that they represent for each other into a big snowball, based on the concept that a single snowflake may have little impact, but a million snowflakes together can change the world! Nyenrode is one of the 'founding snowflakes' in this initiative. See www.onemillionsnowflakes.org for more information. You can join this movement via Twitter, Facebook and LinkedIn. The first One Million Snowflakes event will take place at Nyenrode on 26 April.

Nyenrode participates in De Beursvloer
On October 13, Nyenrode took part in De Beursvloer. De Beursvloer is the event where business, local political and social organizations from the Stichtse Vecht community meet, have opportunities for networking and trade with each other out of involvement. They meet in an informal and dynamic atmosphere in order to make deals that are based upon matches. What one party has to offer, might be very interesting for the other. Handing over money is taboo in this event!