The Business Summit
Schedule Details
Monday, October 13, 2008 | |
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| 3:00-4:30 pm |
Sessions on GlobalizationRelive the HBS classroom experience with interactive, faculty-led sessions on the global issues listed below. When registering, select the session in which you would like to participate. AgribusinessMajor upheavals are taking place in the food chain. Grain prices have gone through the roof. Production is increasingly moving to Brazil. Consumers are increasingly health conscious and worried about the environment. Retailers are opening smaller outlets to meet consumers demand for convenient meal solutions. As the concerns about genetically modified crops subside, cloning may be the next big issue. This session will consider where all of this is headed.Faculty Moderator: David Bell, George M. Moffett Professor of Agriculture and Business, Senior Associate Dean, Director of Faculty Planning and Recruiting Panelists:Ray Allan Goldberg, MBA 1950, George M. Moffett Professor of Agriculture and Business, Emeritus; Frank Ning, Chairman, COFCO Ltd; Alberto Weisser, CEO and Chairman of the Board, Bunge Limited Back to Schedule Page. Business and the Environment(session at capacity)Today's prosperity is imposing burdens on the natural ecosystem. Solutions to these problems require new businesses, new economic institutions, and new ways of doing business. These topics will be the subject of this panel.Faculty Moderator: Forest Reinhardt, John D. Black Professor, Unit Head, Business, Government and the International Economy Panelists: Jim Barry, MBA 1994, Chief Executive, Ntr Plc; David Blood, MBA 1985, Managing Partner, Generation Investment Management; James McCarthy, Alexander Agassiz Professor of Biological Oceanography Harvard University Back to Schedule Page. Business Solutions at the Base of the Pyramid(session at capacity)More than four billion of the world's 6.5 billion people live on incomes of less than $5 per day. Recent estimates put the base-of-the-pyramid (BOP) market for goods and services in the 18 largest developing countries at approximately $1.7 trillion. This does not include the potential investments in other aspects of poverty alleviation such as infrastructure, energy, or transportation.As more and more businesses target the BOP as a market, there is ample need to critically examine the success factors in, and obstacles to, operating in this market. How do businesses formulate BOP strategies? What are the key components of such a strategy? What are the characteristics of successful enterprises and leaders? What steps have they taken to address the managerial, operational, and cultural challenges of working with and serving the poor? Just what impact are these approaches having on the bottom line and on poverty itself? Finally, is business alone a sufficient force to help the poor climb the economic ladder? Indeed, successful BOP initiatives offer a refreshing take on the age-old problem of poverty alleviation precisely because such approaches envision how governments, nonprofit organizations, and private enterprises might collaborate to redefine good business practice. Such initiatives draw to the fore latent business opportunities in what has long been an overlooked, undervalued market. In order to answer these questions, a panel of outstanding business leaders whose companies are engaged in businesses at the base-of-the-pyramid will share with us their insights and perspectives. HBS Professors Kash Rangan and Michael Chu will run a panel discussion of our distinguished guests, which will include comments from HBS alumni Christopher Crane 1976, Opportunity International, and Nancy Barry 1975, Nancy Barry Associates - Enterprise Solutions to Poverty, whose own business careers have involved serving low-income and poor consumers. Faculty Moderator: V. Kasturi Rangan, Malcolm P. McNair Professor of Marketing, Director of Research Faculty Moderator: Michael Chu, Senior Lecturer of Business Administration Panelists: Jaime Augusto Zobel de Ayala, MBA 1987, Chairman & CEO, Ayala Corporation; Carlos Labarthe Costas, Co-CEO, Banco Compartamos; S. Sivakumar, Chief Executive, ITC agri-business India, Yong Tao, Chairman, SDR Group; Simpiwe Tshabalala, Chief Executive, Personal and Business Banking; Standard Bank of South Africa Ltd. Back to Schedule Page. sa Creativity and Entrepreneurship in the Global Environment(session at capacity)In a global business environment overflowing with new opportunities and challenges, how can entrepreneurial managers perceive and seize those opportunities while meeting those challenges? How can organizations sustain creative thinking beyond the early stages of inventive entrepreneurship? This panel discussion, which will include considerable audience interaction, will address these and several related issues such as: globalization and other forces moving the world toward ever greater possibilities for entrepreneurship and creativity in business; the role of failure in creativity and innovation; whether and how creativity can scale as organizations grow; how managers can avoid the temptation to apply simplistic management techniques to the discovery process; whether and how social responsibility can be wedded to creative action in business; whether the "lone genius" is a myth in the globalized world; and whether management is a net positive or negative in fostering creativity.Faculty Moderator: Teresa Amabile, Edsel Bryant Ford Professor of Business Administration Panelists: Mark Addicks, MBA 1988, SVP & Chief Marketing Officer, General Mills, Inc.; Scott Cook, MBA 1976, Founder & Chairman, Intuit Inc.; Frans Johansson, MBA 2000, President, The Medici Group; Dipchand Nishar, MBA 2000, Director, Product Management, Asia-Pacific, Google Back to Schedule Page. Energy Resources(session at capacity)The energy seminar will explore the future direction of global energy markets, in light of incredibly high oil prices, uncertainty about middle east reserves, and the policy pressure of global warming to significantly expand renewable energy resources. John Hess, the CEO of Hess, will speak about future directions of global oil and gas markets. Matthew Simmons will address the issues around reserves and depletion. And Martin McAdam, of Aquamarine Power Limited, formerly of Airtricity, will speak about the rise of water and wind-powered renewable energy.Faculty Moderator: Richard Vietor, Senator John Heinz Professor of Environmental Management, Senior Associate Dean Panelists: John Hess, MBA 1977, Chairman and CEO, Hess Corporation; Martin McAdam, AMP 166 (2004), Chief Executive Officer, Aquamarine Power Limited; Matthew Simmons, MBA 1967, Chairman, Simmons & Company International Back to Schedule Page. Entrepreneurship in a Global Setting(session at capacity)Increasingly, new entrepreneurial ventures are "born global." Even at very early ages, they develop global supply chains, outsource business functions to low cost geographies, and develop multi-country distributed R&D teams. Some even launch global products or services at a very early age. In addition, the rapid expansion of the US venture capital model around the globe, the many (formerly) U.S.-based VCs that have now established offices or affiliates in other countries, and the globalization of large companies worldwide all manifest the global nature of high potential entrepreneurial opportunities. This panel brings together a tremendous group of entrepreneurial leaders in different industries to discuss these trends and their implications for entrepreneurs and the nature of entrepreneurial opportunities.Faculty Moderator: Toby Stuart, Charles Edward Wilson Professor of Business Administration Panelists: Donna Dubinsky, MBA 1981, Founder & CEO, Numenta, Inc.; Robert Higgins, MBA 1970, Senior Lecturer, Harvard Business School; Hiroshi Mikitani, MBA 1993, President & CEO, Rakuten Group Inc. Back to Schedule Page. Entrepreneurship: The New Wave(session at capacity)This session will focus on how the process of launching a new venture has changed in the past two decades. Where do entrepreneurs look for new business ideas? What have they learned about assembling a team in today's fluid labor markets? What do they look for in a board of directors? How do entrepreneurs view the tradeoffs associated with different types of investors, including angels, venture capitalists, and strategic/corporate partners? In sectors prone to valuation bubbles like Internet services, biotech, and "green" technology, how do entrepreneurs manage media and public relations to achieve visibility but avoid over-inflated expectations? What has been their experience with "search funds," a two-stage model through which angel investors cover, in stage one, an aspiring entrepreneur's cost of identifying a target business to buy, in exchange for the right to purchase equity in the target in stage two? Finally, do lessons from launching for-profit startups transfer to the social enterprise sector?Faculty Moderator: Thomas Eisenmann, Professor of Business Administration Panelists: Richard Edelman, MBA 1978, President & CEO, Edelman Public Relations Worldwide; Jason Kilar, MBA 1997, CEO, Hulu, LLC; Sheila Lirio Marcelo, MBA 1998, Founder and CEO, Care.com; Joel Milne, MBA 2004, CEO, Ivise Back to Schedule Page. Ethics in GlobalizationThis session explores the thesis that to maintain public support for capitalism, we must regularly punish people who are perceived to be corrupt and mean. This theme runs from Teddy Roosevelt in his "Trust Buster" days to today. This institutional aspect of capitalism is under-supplied in the developing world and should be part of the agenda of international development institutions like World Bank.Faculty Moderator: Rafael Di Tella, Joseph C. Wilson Professor of Business Administration Panelists: Robert Glauber, DBA 1965, Adjunct Lecturer in Public Policy, Mossavar-Rahmani Center for Business and Government; Michael Oxley, Of Council, Baker Hostetler; Daniel Vasella, PMD 57 (1989), Chairman & CEO, Novartis Back to Schedule Page. From Government to Governance: The Challenge of Managing Cross-Sectoral PartnershipsThe success of global capitalism has done much to improve the lives of consumers, workers, and small business owners throughout the world. To sustain the success, however, government must do its part. It needs to be able to guarantee the individual rights and social relations that allow the market to operate - the right to own and accumulate property, the chance to contract with others and have the contracts enforced, some help in assuring that citizens will not be victimized by their fellow citizens, and so on. Government may also have to take actions to ensure that economic development does not end up destroying the natural environment, or forcing some individuals to the margins of society where their lives are much nastier, more brutish, and shorter than those lived by most others.Yet, to accomplish these goals in a world in which citizens in countries throughout the world have come to trust private firms, capital markets, freedom to innovate, and consumer guided markets more than government bureaucracies, taxes, and command and control regulation requires significant changes in how governments think about and do their work. In particular, it requires government institutions and public managers to create and work within operating partnerships that cut across the boundaries of the public, private, and nonprofit sectors. The focus of this panel will be on the changes that government is making to allow it to work in more effective partnerships with business, social enterprises, and nonprofit organizations while protecting the particular values that governments are legally and morally bound to protect. These changes create opportunities for both business and social enterprises. But they also pose substantial risks - particularly as government seeks to off-load a large portion of the risk and cost of the complex social innovations that must be made to deal with the problems partially created, or at least not completely solved, by the success of global capitalism. Meet and talk with the leaders of government who have faced these problems most directly. Faculty Moderator: Mark Moore, Hauser Professor of Nonprofit Organizations and Director of the Hauser Center for Nonprofit Organizations, Panelists: William Donaldson, MBA 1958, Chairman, Donaldson Enterprises Inc.; Stephen Goldsmith, Daniel Paul Professor of Government, Harvard Kennedy School; Philip Lader, Senior Advisor, Morgan Stanley Back to Schedule Page. Global Asset Management(session at capacity)The session will focus on the challenges of institutional investment management in the present financial environment. The scale and scope of investment opportunities has greatly expanded in this era of rapid global growth, as have the choices investors must make given today's vast array of hedge fund and private equity offerings. There are new asset classes, as well as new financial instruments and techniques, which investors can use to tailor portfolio exposures and manage risk. This, in turn, has changed how risks are being intermediated and shared. The session will focus specifically on the following questions:
Back to Schedule Page. Global Branding and Advertising(session at capacity)Today, rapid technological and sociological changes are forcing marketers to reexamine their assumptions about how best to interact with consumers, rendering the challenge of building sustainable brands more difficult than ever. This panel will bring together senior executives from the marketing services industry to discuss the most significant global trends impacting branding and advertising managers today. How will the marketing strategies of tomorrow look different from the marketing strategies of today? And how are developments in digital media changing the landscape for marketers, both large and small, around the world?Faculty Moderator: Youngme Moon, Professor of Business Administration Panelists: Ann Fudge, MBA 1977, Former Chairman and CEO, Young & Rubicam Brands; Francis Kelly, MBA 1983, CEO, Arnold Worldwide; David Kenny, MBA 1986, Chair and CEO, Digitas Back to Schedule Page. Global Entrepreneurship: The Contrasting Cases of China and India(session at capacity)The entrepreneurial ferment in China and India has uplifted hundreds of millions from poverty in both countries. In the process, economic and social experiments are underway, of relevance not just to these countries, but to the world. The panel will explore the different contours of entrepreneurship in these countries, as well as how the rest of the world can participate in and shape its ongoing evolution.Faculty Moderator: Tarun Khanna, PHDBE 1993, Jorge Paulo Lemann Professor Panelists: Saad Hamad Al-Barrak, PMD 59 (1990), Managing Director - Deputy Chairman, Zain Group; Victor Fung, PHD 1971, Group Chairman, Li & Fung Group; Ganesh Natarajan, AMP 169 (2005), Chairman, Nasscom; Devi Prasad Shetty, Chairman & Senior Consultant Cardiac Surgeon, Narayana Hrudayalaya, Bangalore Back to Schedule Page. Global GovernanceShareholder activism, corporate scandals, and globalization have been changing corporate power over the past 20 years. There have been a host of legislative, regulatory, listing rule, and "best practice" reforms which have been implemented and diffused, the consequences of which are still not well understood. In this panel, we discuss what the fundamental role of shareholders should be in corporate governance. We also will focus on what type of voice shareholders should have in corporations when the average holding time of a share traded on the NYSE is less than a year. How do we create a more effective global corporate governance system for the 21st century?Faculty Moderator: Rakesh Khurana, PHDBE 1998, Professor of Business Administration Panelists: Bill George, MBA 1966, Professor of Management Practice; Nell Minow, Editor & Co-Founder, The Corporate Library; Damon Silvers, MBA 1995, General Counsel's Office, American Federation of Labor and Co Back to Schedule Page. Global Health ThreatsPandemics can be thought of as major global health threats that affect large numbers of people and which do not respect national boundaries. Of the three to be considered at this session, the most obvious global pandemic threats to be considered arise from emerging infectious diseases, arising naturally as in the case of HIV/AIDS, SARS and influenza, or introduced in the case of bioterrorism. Less obvious is the coming pandemic of obesity, type 2 diabetes, cardiovascular and neurodegenerative disease, conditions that are rising at an unprecedented rate in both industrialized and developing countries on every continent. And finally, in a world of increasing access to preventive health and medical services, perhaps the ultimate, but least appreciated pandemic threat is that of aging populations, their needs and their impact as dependent populations on the economy of countries.Faculty Moderator: Barry Bloom, Joan L. and Julius H. Jacobson Professor of Public Health in the Faculty of Public Health; Dean of the Faculty of Public Health Panelists: David E. Bloom, Clarence James Gamble Professor of Economics and Demography, Chair, Department of Population and International Health; Marc Lipsitch, Professor of Epidemiology in the Faculty of Public Health; Walter Willett, Fredrick John Stare Professor of Epidemiology and Nutrition, Chairman of the Department of Nutrition, Harvard School of Public Health Back to Schedule Page. Global Supply ChainEffective global supply chain management has never been more critical to global competitiveness nor has it been more challenging. Recent trends, such as the opening of new markets, rising fuel costs, threats of supply chain disruption, and environmental awareness have combined with continuing trends towards longer global supply chains, product proliferation, and shorter product life cycles to make planning and managing the global flow of goods formidable. How do leading companies achieve the necessary speed, flexibility, quality and efficiency in these increasingly complex and uncertain environments? In this session we will discuss a variety of approaches to successful global supply chain management.Faculty Moderator: Jan Hammond, Jesse Philips Professor of Manufacturing, Director of Faculty Planning Panelists: William Fung, MBA 1972, Group Managing Director, Li and Fung Limited; Willy Shih, Senior Lecturer of Business Administration, Harvard Business School; Marjorie Yang, MBA 1976, Chairman, The Esquel Group Back to Schedule Page. Globalization and Emerging Markets: Opportunity or Threat(session at capacity)The spectacular growth of China, India, and other large emerging economies is likely to have tremendous economic, political and social implications for not only these societies but also for the rest of the world. What are the social and political challenges these economies have to master to realize their full potential? What are the economic opportunities and challenges Western economies face as a result of the rise of the emerging markets? What are some of the political and environmental issues that the world has to deal with?Faculty Moderator: Krishna Palepu, Ross Graham Walker Professor of Business Administration, Senior Associate Dean for International Development Panelists: Christopher Pagett, AMP 168 (2005), Senior Advisor, Emerging Markets, HSBC Investment Bank; Saquib Shirazi, MBA 1995, Atlas Honda Limited; George Yeo, MBA 1985, Minister for Foreign Affairs, Singapore Back to Schedule Page. Globalization and the Social ContractAre national governments still relevant in the face of rapid globalization? The conventional answer seems to be "no" -- that governments have to get out of the way or risk putting their firms and workers at a severe competitive disadvantage in the global economy. But what if the conventional wisdom is wrong? In this session, Professor Moss will examine the political foundations of globalization, raising the question of whether global economic integration can continue if nations allow their domestic social contracts to atrophy. If governments choose to "get out of the way," as the pundits urge, would the result be a smooth running global system or a socially dysfunctional one, where nationalism and protectionism gradually overwhelm the forces of globalization? And if national governments choose not to step aside, what role should they serve in this new era of globalization, and what are the implications for business?Faculty Moderator: David Moss, John G. McLean Professor of Business Administration Back to Schedule Page. Globalization of Innovation and R&D(session at capacity)In many large organizations, innovation and R&D is no longer limited to local initiatives. Increasingly, innovation activities are distributed across time zones, national borders, and company boundaries. Such strategies are driven by many factors: efficiency and speed, access to talent, presence in local markets, and tapping into new sources of innovation. In this session, we will discuss a range of different strategies, their opportunities and challenges, and look at the future of global innovation.Faculty Moderator: Stefan H. Thomke, MBA 1977, William Barclay Harding Professor of Business Administration, Chair, MBA Required Curriculum Panelists: William Hickey, MBA 1972, President and CEO, Sealed Air Corp; Anand Mahindra, MBA 1981, Vice Chairman & Managing Director, Mahindra & Mahindra Ltd.; Philip Yeo, MBA 1976; Chairman, SPRING Singapore Back to Schedule Page. Historical Roots of GlobalizationThe current era of globalization is radically changing the world, but some of what is happening now has happened before. The last great era of globalization, which emerged late in the nineteenth century, deeply integrated the world's markets. Yet after World War 1 this process was radically reversed, primarily because of its loss of legitimacy, and much of the world became closed to global capitalism until the 1980s, when the current era of globalization began. This panel takes a historical perspective on current challenges to globalization. It is organized around the theme of convergence and the managerial and political challenges it poses. Rawi Abdelal discusses the institutional convergence among countries that has followed from the internationalization of economies, and the societal and political reactions that threaten to undermine such extraordinary changes. Geoffrey Jones discusses the impact of globalization on the convergence of consumer preferences, illustrated through the example of the $300 billion global beauty industry. William Kirby explores the impact of globalization on China over the last century, exploring why China's rapid internationalization has not been accompanied a convergence of policies and institutions with the West. These broad reflections on the rise, fall, and rise again of globalization should inform our understanding of how a contemporary crisis of legitimacy for global capitalism could be managed and overcome.Faculty Moderator: Geoffrey Jones, Isidor Straus Professor of Business History, Director of Research Panelists: Rawi Abdelal, Professor of Business Administration; William Kirby, Spangler Family Professor of Business Administration, T.M. Chang Professor of China Studies Back to Schedule Page. Managing Human Capital: Global Trends and Challenges(session at capacity)In this interactive session distinguished academics and practitioners lead a discussion of the major trends that are shaping the composition of the global workforce, the flows of talent across geographical and cultural boundaries and their implications for how we manage and lead in the global community. This session explores a number of critical, but often neglected questions. What is the global reality of the workforce and how must we rethink our assumption about managing people? How is the feminization of the global workforce reshaping management practice and employment practice? Is the increasing importance of cultural identity in people's lives requiring new ways of thinking and managing from leaders? What are the implications of the life sciences revolution for the management of human capital and government labor and educational policy?Faculty Moderator: David Thomas, H. Naylor Fitzhugh Professor of Business Administration, Senior Associate Dean, Director of Faculty Recruiting, Unit Head, Organizational Behavior Panelists: Ted Childs, Principal, Ted Childs LLC; Ilene Lang, MBA 1973, President, Catalyst; Jack Shonkoff, Julius B. Richman FAMRI Professor of Child Health and Development Director, Center on the Developing Child Harvard University; Jide Zeitlin, MBA 1987, President, The Keffi Group Back to Schedule Page. Strategic Responses to Global Terrorism(session at capacity)Terrorism threatens to derail the globalization of business. At the same time, globalization has been depicted as both a cause of and an antidote for terrorism. What are the implications of global terrorism for business? What roles can business leaders play in fighting terrorism? Panelists with public and private-sector experience will debate these questions.Faculty Moderator: Jan Rivkin, PHDBE 1997, Professor of Business Administration Panelists: Craig Coy, MBA 1983, President & COO, L-3 Communications; Arthur Cummings, Executive Assistant Director, FBI National Security Branch Back to Schedule Page. |
Tuesday, October 14, 2008 Day 2 | |
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| 9:00-10:00 am |
Leadership for the 21st CenturyThis panel of experienced CEOs will discuss some of the key leadership challenges that will be explored at the 2-day HBS Centennial Colloquium on the topic (held in June, 2008). The questions we expect the panel to discuss include:
Panelists: Jaime Augusto Zobel de Ayala, MBA 1987; Jamie Dimon, MBA 1982; Orit Gadiesh, MBA 1977; G. Richard Wagoner, MBA 1977 Back to Schedule Page. |
| The Future of Market Capitalism | |
| 10:30-11:00 am |
IntroductionLong term projections of the global economy show the engine of capitalism driving continued economic growth and increasing incomes for the populations of most countries. But associated with that growth is increasing inequality of income within countries, within regions and across regions. In some areas, where there are weak and corrupt governments, the poor are projected to get poorer. As well, pollution, global warming, and water shortages put these forecasts at risk. What action should business leaders take to preserve the golden goose of market capitalism? In this session we will report the views on this question from business leaders around the world, as well as from HBS alumni and faculty gathered over the past year.Speaker: Joseph L. Bower, MBA 1961, DBA 1963, Baker Foundation Professor Back to Schedule Page. |
| 2:15-3:30 pm |
Interactive Classroom SessionsRelive the HBS classroom experience with interactive, faculty-led sessions listed below.Active Management: Private Equity, Venture Capital, and Hedge Funds(session at capacity)This panel will focus on the evolving role of active investors in global corporate governance. We will have representatives from the venture capital, private equity and hedge fund industries. Among the specific issues we will address are the following:
Panelists: Bradley Bloom, MBA 1979, Managing Director, Berkshire Partners LLC; Hamilton James, MBA 1975, President & COO, The Blackstone Group; Stephen Mandel, MBA 1982, Managing Director, Lone Pine Capital; Peter Wendell, MBA 1976, Managing Director, Sierra Ventures Back to Schedule Page. Business Education in the 21st Century(session at capacity)This session examines the changing business education marketplace and innovations in MBA programs, with an emphasis on their implications for the future of MBA education. The research, based on extensive interviews with deans, recruiters, and students, analyses of curricula and course offerings, and in-depth case studies of individual programs, assesses the strengths and weaknesses of the current array of MBA offerings and identifies the major challenges MBA education must address. Case studies have been developed on six institutions, each representing an important trend in MBA education - for example, the increasing attention to globalization(INSEAD) and leadership development (Center for Creative Leadership), the desire for more integration of topics and functions (Yale SOM), and the shift to more customized courses tailored to levels of student expertise (Stanford GSB).Innovative courses that improve students' ability to frame problems, think critically, communicate effectively, and integrate across functions are also identified and explored.Faculty Moderator: David Garvin, C. Roland Christensen Professor of Business Administration, Chair, MBA Elective Curriculum Faculty Moderator: Srikant Datar, Arthur Lowes Dickinson Professor of Accounting, Senior Associate Dean, Director of Research Back to Schedule Page. China in the Global Economy(session at capacity)This session will focus on the long-term practical problems and opportunities of doing business in China. The particular focus will be that of foreign companies who are trying to develop and manage operations in China or alternatively establish and manage sourcing activities.Faculty Moderator: William Kirby, Spangler Family Professor of Business Administration, T.M. Chang Professor of China Studies Panelists: Victor Fung, PHD 1971, Group Chairman, Li & Fung Group; John Stropki, Chairman, President and Chief Executive Officer, Lincoln Electric Holdings, Inc.; G Richard Wagoner, MBA 1977, Chairman and CEO, General Motors Corporation; Marjorie Yang, MBA 1976, Chairman The Esquel Group Back to Schedule Page. The Future of Social Enterprise and the Role of Individual Philanthropy(session at capacity)Faculty Moderator: Dutch Leonard, Eliot I. Snider and Family Professor of Business AdministrationFaculty Moderator: Allen Grossman, MBA Class of 1957 Professor of Management Practice This session will provide an overview of alternative visions of how social enterprise will evolve in the coming decades, and explore how philanthropy may also be changing - in part as a result, and in part as a cause. There is a growing concern among philanthropists that "business as usual" is not effectively or adequately addressing compelling social problems. Some donors are changing their funding approaches to increase focus on root causes and on systemic change - and are demanding greater attention to achieving measured impacts. This may have significant implications for the sector and for how social enterprises are designed, funded, and operated. Will traditional, grant and philanthropically-funded nonprofits continue to grow in number and impact? And how are the changes in the philanthropic landscape -- for example, the increasing number of "venture philanthropists" -- driving and/or responding to the ongoing evolution of social enterprise? Panelists: Jennifer Moses, MBA 1989, Special Adviser to the Prime Minister, Government of the United Kingdom; Andrea Silbert, MBA 1991, President, Eos Foundation; Andrew Tisch, MBA 1977, Co-Chairman of the Board, Loews Corporation; John Whitehead, MBA 1947, Chairman; The Goldman Sachs Foundation Back to Schedule Page. Global Environment - Transformed Organization(session at capacity)Transforming historically US-based companies into global corporations that are truly competitive and customer-responsive in key markets around the world is no small feat. In this session we'll pick the brains for HBS alums whose companies are in various stages of this transition - to learn what they've learned, get their views of the challenges that lie ahead of them, and distill insights that will help each of us as we face similar challenges.Faculty Moderator: Clayton M. Christensen, MBA 1979, DBA 1992, Robert and Jane Cizik Professor of Business Administration Panelist: Nolan Archibald, MBA 1970, Chairman & CEO, The Black & Decker Co.; Boon-Hwee Koh, MBA 1976, Chairman, DBS Bank; Chet Huber, President, OnStar; Srivatsa Krishna, MBA 2003, Indian Administrative Service, Government of India, CEO & Executive Director, Dubai World Group, South Asia; Betsy Morgan, MBA 1995, CEO, The Huffington Post Back to Schedule Page. Impact of Entrepreneurs on Consumer-Driven Health Care(session at capacity)The growing presence of Consumer-Driven Health Care across the world has created vast opportunities for medical technology, insurance, service and IT entrepreneurs. With her guests, Professor Herzlinger will use the "Six Forces" framework in her new text book "Innovating in Health Care" to illustrate and explore successful entrepreneurial business models.Faculty Moderator: Regina E. Herzlinger, DBA 1971, Nancy R. McPherson Professor of Business Administration Panelists: Ratan Jalan, AMP 173 (2007), CEO Apollo Health and Lifestyle Ltd; Raju Kucherlapati, Paul C. Cabot Professor of Genetics and Professor of Medicine Harvard Medical School Scientific Director, Harvard Medical School; Robert Lufrano, Chairman of the Board and CEO, Blue Cross and Blue Shield of Florida; Michael McCallister, Chairman of the Board and CEO, Humana; Tony Miller, Managing Director of Lemhi Ventures and CEO of Carol Corporation; John Moore, Global Head of Healthcare, Managing Director, Morgan Stanley; Glen D. Nelson, Chairman, GDN Holdings; M. Edward Sellers, MBA 1975, Chairman and CEO, BlueCross BlueShield of South Carolina Back to Schedule Page. Leading Science-Based BusinessScience-driven businesses offer unique opportunities for social and economic impact, and the challenges that face these enterprises require equally unique strategies and leadership. This panel will consider how different companies have defined new industries, sustained innovation and managed risk, sometimes over decades of commercial success. Specific questions surrounding governance and executive leadership will also be highlighted.Faculty Moderator: Vicki Sato, Professor of Management Practice Panelists: Kim Clark, President, Brigham Young University - Idaho; Raymond Gilmartin, Professor of Management Practice, Harvard Business School; Frank Moss, Director, Professor of the Practice of Media Arts and Sciences & Jerome B. Wiesner Professorship of Media Technology, Massachusetts Institute of Technology; James Robinson, MBA 1961, General Partner, RRE Ventures; Willy Shih, Senior Lecturer of Business Administration, Harvard Business School Back to Schedule Page. Real Estate(session at capacity)Real Estate has become significantly professionalized over the last decade as capital markets around the world have finally made real estate a legitimate asset class unto itself. This is largely due to the advent of securitization, the collapse of the stock market in 2001, the graying population requiring current income and high returns for a sustained period of time relative to stocks and bonds. The panel will discuss whether this increased professionalization is all good or has diminished the cowboy entrepreneurship of yesterday as well as whether these returns are sustainable into the future.Faculty Moderator: Howard H. Stevenson, MBA 1965, DBA 1969, Sarofim-Rock Baker Foundation Professor, Senior Associate Dean, Director of HBS Publishing Panelists: Nori Gerardo, Partner, Chief Strategist Private Real Estate Investment Management, Partners Group; Michael Fascitelli, MBA 1982, President, Vornado Realty Trust; Scott Malkin, MBA 1983, Chairman, Value Retail PLC; Arthur Segel, Professor of Management Practice, Harvard Business School Back to Schedule Page. Enterprise Risk ManagementSenior risk management executives in diversified global corporations will discuss leading-edge contemporary practices in effective risk management processes. Among the questions to be explored are:
Panelists: James Colica, Senior Vice President, Global Risk Management, GE Capital Services; M.D. Ranganath, Chief Risk Officer, Infosys; Barry Zubrow, Chief Risk Officer, JP Morgan Chase Back to Schedule Page. The Role of Business Leaders in Sustaining Market Capitalism(session at capacity)Many business leaders have told us that companies have no business addressing societal problems; that their role is to build great companies working with governments whose responsibilities it is to deal with poverty, corruption, and environmental degradation. But others have suggested that governments are not capable of stepping up to these challenges so business must. In these two sessions we will examine what might be the ingredients of an action agenda for business.Faculty Moderator: Joseph L. Bower, MBA 1961, DBA 1963, Baker Foundation Professor Faculty Moderator: David Moss,John G. McLean Professor of Business Administration Faculty Moderator: Lynn Paine, John G. McLean Professor of Business Administration Panelists: Rahul Bajaj, MBA 1964, Chairman and Managing Director, Bajaj Auto Ltd.; Bertrand Collomb, Director and Honorary Chairman, Lafarge; Gustavo Roosen, Chairman, Envases Venezolanos S.A. Back to Schedule Page. The Role of Social Entrepreneurship in Transforming U.S.A. Public EducationNinety percent of U.S. K-12 students attend the nation's public schools. In international comparisons, American 15-year olds place near the bottom of industrialized countries in mathematics and science, and in our largest 300 urban school systems, where half of all low-income children attend school, drop-out rates hover around 50%. These results have created an opportunity for education entrepreneurs to create alternatives to the traditional approaches to basic functions of the public system, such as training the next generation of teachers and creating and operating high-performing schools in urban centers. Four leading education entrepreneurs will discuss the conditions that led to the opportunities they are pursuing, their impact so far and prospects for the future.Faculty Moderator: Stacey Childress, MBA 2000, Lecturer of Business Administration, Senior Researcher Panelists: Steven Barr, Founder and CEO, Green Dot Public Schools; Kevin Johnson, CEO & President, St HOPE Public Schools; Wendy Kopp, CEO & Founder, Teach for America; Michelle Rhee, Chancellor, Washington DC Public Schools Sovereign Wealth Management(session at capacity)In this session on sovereign wealth, we have invited spokesmen of three of the largest and most important funds on earth. Speaking for Norway, the UAE and Singapore's Temasek, we will think about the rise of state-owned investment funds as major players in the international financial system. We will consider the perspectives of both investing and receiving countries and their efforts to agree on principles for transparency, ownership and control.Faculty Moderator: Rawi Abdelal, Associate Professor of Business Administration Faculty Moderator: Richard Vietor, Senator John Heinz Professor of Environmental Management, Senior Associate Dean Panelists: Manish Kejriwal, MBA 1995, Senior Managing Director, Temasek Holdings ( Private ) Ltd; William Miracky, Monitor Group; Knut Kjaer, AMP 165 (2003), Former CEO, Norges Bank Investment Management Back to Schedule Page. The Technology Revolution and its Implications for the Future(session at capacity)The world of technology has continued to evolve rapidly in the 21st century. The convergence of communications, computing, and entertainment is finally becoming a reality; the emergence of social networks and wireless and mobile internet is altering the usage patterns of technology on a grand scale; and the globalization of innovation is spreading the reach of new technology to the far corners of the world. This panel will bring together technology leaders in hardware, software, services, and venture capital to discuss how the technology landscaping is changing, and the implications for vendors and consumers, large and small.Faculty Moderator: David Yoffie, Max and Doris Starr Professor of International Business Administration, Senior Associate Dean, Chair, Executive Education Panelists: James Breyer, MBA 1987, Partner, Accel Partners; Sue Decker, MBA 1986, President, Yahoo! Inc.; Eric Kim, MBA 1981, Senior Vice President & General Manager, Intel Corporation Back to Schedule Page. Transforming Giants(session at capacity)This session will preview and discuss the ideas in Professor Kanter's forthcoming 2009 book on "Transforming Giants: How Vanguard Companies are changing the world of business and maybe the world." Professor Kanter will spend 30 minutes outlining her ideas and the rest of the session will be a discussion with the panelists and the audience.Faculty Moderator: Rosabeth Moss Kanter, Ernest L. Arbuckle Professor of Business Administration Panelists: Ann Moore, MBA 1978, Chairman and Chief Executive Officer, Time Inc.; Daniel Vasella, PMD 57 (1989), Chairman & CEO, Novartis Back to Schedule Page. Value-Based Health Care Delivery(session at capacity)Health care reform is proving to be one of the defining issues of the 21st century, both in the United States and throughout the world. Costs are exploding even in single-payer systems driven by aging populations and rising expectations for better care. There is heated debate about what to do, but the focus is on the wrong question: how to cut costs? The only real solution is to transform the delivery of health care to dramatically improve value, or the health outcomes per dollar spent. Health care systems in every country have a value problem, and fixing it will require restructuring of care delivery itself, not incremental solutions. This session will offer a roadmap for transforming health care delivery, drawing on examples of leading health care providers and health plans that are achieving exciting value improvements in the US and other countries.Faculty Moderator: Michael E. Porter, MBA 1971, Ph.D. BE 1973, Bishop William Lawrence University Professor Panelist: Ranch Kimball, President and CEO, Joslin Diabetes Clinic Back to Schedule Page. |
| 3:45-5:00 pm |
Interactive Classroom SessionsRelive the HBS classroom experience with interactive, faculty-led sessions listed below.Active Management: Private Equity, Venture Capital, and Hedge Funds(session at capacity)This panel will focus on the evolving role of active investors in global corporate governance. We will have representatives from the venture capital, private equity and hedge fund industries. Among the specific issues we will address are the following:
Panelists: Paul Finnegan, MBA 1982, President, Madison Dearborn Partners, Inc.; Yoshi Hori, MBA 1991, CEO, Globis Management School; Seth Klarman, MBA 1982, President, The Baupost Group; Mark Nunnelly, MBA 1984, Managing Director, Bain Capital Inc. Business Education in the 21st Century(session at capacity)This session examines the changing business education marketplace and innovations in MBA programs, with an emphasis on their implications for the future of MBA education. The research, based on extensive interviews with deans, recruiters, and students, analyses of curricula and course offerings, and in-depth case studies of individual programs, assesses the strengths and weaknesses of the current array of MBA offerings and identifies the major challenges MBA education must address. Case studies have been developed on six institutions, each representing an important trend in MBA education - for example, the increasing attention to globalization(INSEAD) and leadership development (Center for Creative Leadership), the desire for more integration of topics and functions (Yale SOM), and the shift to more customized courses tailored to levels of student expertise (Stanford GSB).Innovative courses that improve students' ability to frame problems, think critically, communicate effectively, and integrate across functions are also identified and explored.Faculty Moderator: David Garvin, C. Roland Christensen Professor of Business Administration, Chair, MBA Elective Curriculum Faculty Moderator: Srikant Datar, Arthur Lowes Dickinson Professor of Accounting, Senior Associate Dean, Director of Research Back to Schedule Page. China in the Global Economy(session at capacity)This session will focus on the long-term practical problems and opportunities of doing business in China. The particular focus will be that of foreign companies who are trying to develop and manage operations in China or alternatively establish and manage sourcing activities.Faculty Moderator: William Kirby, Spangler Family Professor of Business Administration, T.M. Chang Professor of China Studies Panelists: Victor Fung, PHD 1971, Group Chairman, Li & Fung Group; Yingyi Qian, Dean, School of Economics and Management, Professor, Department of Economics Tsinghua University, University of California, Berkeley; G. Richard Wagoner, MBA 1977, Chairman and CEO, General Motors Corporation; Marjorie Yang, MBA 1976, Chairman, The Esquel Group Back to Schedule Page. China: Opportunity and Challenge(session at capacity)This session summarizes the key insights in the new MBA course "Doing Business in China" developed by Professors McFarlan, Kirby and Abrami. Building on ten recent cases, this session will focus on the opportunities and challenges facing domestic and foreign companies operating in China.Faculty Moderator: F. Warren McFarlan, MBA 1961, DBA 1965, Global Business Summit Faculty Chair, T.J. Dermot Dunphy Baker Foundation Professor of Business Administration Back to Schedule Page. Enterprise Risk ManagementSenior risk management executives in diversified global corporations will discuss leading-edge contemporary practices in effective risk management processes. Among the questions to be explored are:
Panelists: M.D. Ranganath, Chief Risk Officer, Infosys; Barry Zubrow, Chief Risk Officer, JP Morgan Chase Back to Schedule Page. The Future of Social Enterprise and the Role of Individual PhilanthropyFaculty Moderator: Dutch Leonard, Eliot I. Snider and Family Professor of Business AdministrationFaculty Moderator: Allen Grossman, MBA Class of 1957 Professor of Management Practice This session will provide an overview of alternative visions of how social enterprise will evolve in the coming decades, and explore how philanthropy may also be changing - in part as a result, and in part as a cause. There is a growing concern among philanthropists that "business as usual" is not effectively or adequately addressing compelling social problems. Some donors are changing their funding approaches to increase focus on root causes and on systemic change - and are demanding greater attention to achieving measured impacts. This may have significant implications for the sector and for how social enterprises are designed, funded, and operated. Will traditional, grant and philanthropically-funded nonprofits continue to grow in number and impact? And how are the changes in the philanthropic landscape -- for example, the increasing number of "venture philanthropists" -- driving and/or responding to the ongoing evolution of social enterprise? Panelists: Jennifer Moses, MBA 1989, Special Adviser to the Prime Minister, Government of the United Kingdom; Andrea Silbert, MBA 1991, President, EOS Foundation; Andrew Tisch, MBA 1977, Co-Chairman of the Board, Loews Corporation; John Whitehead, MBA 1947, Chairman; The Goldman Sachs Foundation Back to Schedule Page. Global Asset Management(session at capacity)The session will focus on the challenges of institutional investment management in the present financial environment. The scale and scope of investment opportunities has greatly expanded in this era of rapid global growth, as have the choices investors must make given today's vast array of hedge fund and private equity offerings. There are new asset classes, as well as new financial instruments and techniques, which investors can use to tailor portfolio exposures and manage risk. This, in turn, has changed how risks are being intermediated and shared. The session will focus specifically on the following questions:
Back to Schedule Page. Global Environment - Transformed Organization(session at capacity)Transforming historically US-based companies into global corporations that are truly competitive and customer-responsive in key markets around the world is no small feat. In this session we'll pick the brains for HBS alums whose companies are in various stages of this transition - to learn what they've learned, get their views of the challenges that lie ahead of them, and distill insights that will help each of us as we face similar challenges.Faculty Moderator: Clayton M. Christensen, MBA 1979, DBA 1992, Robert and Jane Cizik Professor of Business Administration Panelist: Nolan Archibald, MBA 1970, Chairman & CEO, The Black & Decker Co.; Boon-Hwee Koh, MBA 1976, Chairman, DBS Bank; Chet Huber, President, OnStar; Srivatsa Krishna, MBA 2003, Chief Executive Officer & Executive Director, Dubai World; Betsy Morgan, MBA 1995, CEO, The Huffington Post Back to Schedule Page. Impact of Public Policy on Consumer-Driven Health Care(session at capacity)Nations are putting more authority and responsibility for health care under the control of their citizens in a movement that Professor Herzlinger helped to create, and has dubbed as consumer-driven health care, most recently in her book, "Who Killed Health Care? America's $2 Trillion Medical Problem-and the Consumer-Driven Cure," (McGraw-Hill 2007). This session will explore these public policy developments and what they mean for health and economics of the USA, Europe and developing countries.Faculty Moderator: Regina E. Herzlinger, DBA 1971, Nancy R. McPherson Professor of Business Administration Panelists: Senator Thomas Coburn, United States Senate; Douglas Holtz-Eakin, Senior Policy Advisor, McCain-Palin 2008; Allan Hubbard, MBA 1972, Chairman, E&A Industries, Inc.; Abraham Klink, Minister of Health, Welfare and Sport, Netherlands Government; Stefan Spycher, Vice Director, Federal Office of Public Health, Switzerland; Coen Teulings, Director, CPB Netherlands Bureau for Economic Policy Analysis; Thomas Zeltner, Secretary of State for Health and Director-General of the Federal Office of Public Health, Switzerland Back to Schedule Page. Leading Science-Based Business(session at capacity)Science-driven businesses offer unique opportunities for social and economic impact, and the challenges that face these enterprises require equally unique strategies and leadership. This panel will consider how different companies have defined new industries, sustained innovation and managed risk, sometimes over decades of commercial success. Specific questions surrounding governance and executive leadership will also be highlighted.Faculty Moderator: Vicki Sato, Professor of Management Practice Panelists: Kim Clark, President, Brigham Young University - Idaho; Raymond Gilmartin, Professor of Management Practice, Harvard Business School; Frank Moss, Director, Professor of the Practice of Media Arts and Sciences & Jerome B. Wiesner Professorship of Media Technology, Massachusetts Institute of Technology; James Robinson, MBA 1961, General Partner, RRE Ventures; Willy Shih, Senior Lecturer of Business Administration, Harvard Business School Real Estate(session at capacity)Real Estate has become significantly professionalized over the last decade as capital markets around the world have finally made real estate a legitimate asset class unto itself. This is largely due to the advent of securitization, the collapse of the stock market in 2001, the graying population requiring current income and high returns for a sustained period of time relative to stocks and bonds. The panel will discuss whether this increased professionalization is all good or has diminished the cowboy entrepreneurship of yesterday as well as whether these returns are sustainable into the future.Faculty Moderator: Howard H. Stevenson, MBA 1965, DBA 1969, Sarofim-Rock Baker Foundation Professor, Senior Associate Dean, Director of HBS Publishing Panelists: Nori Gerardo, Partner, Chief Strategist Private Real Estate Investment Management, Partners Group; Michael Fascitelli, MBA 1982, President, Vornado Realty Trust; Scott Malkin, MBA 1983, Chairman, Value Retail PLC; Arthur Segel, Professor of Management Practice, Harvard Business School Back to Schedule Page. Redefining Global Health Care(session at capacity)Recent years have witnessed unprecedented surge of new funding for health care in poor countries, with billions in commitments from governments, foundations, and philanthropists. However, whether this funding will achieve its desired effect is far from clear. Despite advances in medical science, the ability to deliver care in low-income settings is facing a daunting implementation bottleneck, which means that greater funding is delivering disappointing results. Global health delivery is fragmented, uncoordinated, and often ineffective, with numerous small programs that never get to scale. In this session, HBS Professor Michael Porter, and global health pioneers Professors Paul Farmer and Jim Kim of Harvard Medical School, will provide an overview of the state of global health care delivery, and describe their joint initiative to transform health care delivery in the developing world.Faculty Moderator: Michael E. Porter, MBA 1971, Ph.D. BE 1973, Bishop William Lawrence University Professor Panelists: Paul Farmer, Founding Director, Partners in Health; Jim Kim, Head of the Department of Social Medicine, Harvard Medical School Back to Schedule Page. The Role of Business Leaders in Sustaining Market Capitalism(session at capacity)Many business leaders have told us that companies have no business addressing societal problems; that their role is to build great companies working with governments whose responsibilities it is to deal with poverty, corruption, and environmental degradation. But others have suggested that governments are not capable of stepping up to these challenges so business must. In these two sessions we will examine what might be the ingredients of an action agenda for business.Faculty Moderator: Joseph Bower, Baker Foundation Professor Faculty Moderator: David Moss,John G. McLean Professor of Business Administration Faculty Moderator: Lynn Paine, John G. McLean Professor of Business Administration Panelists: Nancy Barry, MBA 1975, President, Nancy Barry Associates - Enterprise Solutions to Poverty; John Elkann, Chairman, IFIL; Jorge Paulo Lemann, Chairman, Lemann Foundation; David Murray, Chairman, Future Fund Board of Guardians Back to Schedule Page. The Role of Social Entrepreneurship in Transforming U.S.A. Public Education(session at capacity)Ninety percent of U.S. K-12 students attend the nation's public schools. In international comparisons, American 15-year olds place near the bottom of industrialized countries in mathematics and science, and in our largest 300 urban school systems, where half of all low-income children attend school, drop-out rates hover around 50%. These results have created an opportunity for education entrepreneurs to create alternatives to the traditional approaches to basic functions of the public system, such as training the next generation of teachers and creating and operating high-performing schools in urban centers. Four leading education entrepreneurs will discuss the conditions that led to the opportunities they are pursuing, their impact so far and prospects for the future.Faculty Moderator: Stacey Childress, MBA 2000, Lecturer of Business Administration, Senior Researcher Panelists: Steven Barr, Founder and CEO, Green Dot Public Schools; Kevin Johnson, CEO & President, St HOPE Public Schools; Wendy Kopp, CEO & Founder, Teach for America; Michelle Rhee, Chancellor, Washington DC Public Schools Back to Schedule Page. Sovereign Wealth Management(session at capacity)In this session on sovereign wealth, we have invited spokesmen of three of the largest and most important funds on earth. Speaking for Norway, the UAE and Singapore's Temasek, we will think about the rise of state-owned investment funds as major players in the international financial system. We will consider the perspectives of both investing and receiving countries and their efforts to agree on principles for transparency, ownership and control.Faculty Moderator: Rawi Abdelal, Associate Professor of Business Administration Faculty Moderator: Richard Vietor, Senator John Heinz Professor of Environmental Management, Senior Associate Dean Panelists: Manish Kejriwal, MBA 1995, Senior Managing Director, Temasek Holdings ( Private ) Ltd; William Miracky, Monitor Group; Knut Kjaer, AMP 165 (2003), Former CEO, Norges Bank Investment Management Back to Schedule Page. |