Newsletter #23
March 2010
MSc in Management
Certificate programs
target key sectors
Muhammad Yunus and
HEC Paris: partnering to
promote social
responsibility
Supporting entrepreneurs
from start-up to success
Rugby star strives for
excellence on the field
and in the classroom
HEC Paris on the move
HEC Paris joins forces
with EDF to consider
future energy challenges
Award-winning finance
research from HEC Paris
professors
HEC Paris Foundation
Awards honor
management excellence
We want to hear from you! Use this forum
to share your opinion with the HEC community.
Calendar of speakers, debates and special
events. Save the date!
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© HEC Paris 2010
Newsletter #23
March 2010
Fostering innovation and openness on
campus, online and around the world
At HEC Paris, we understand that innovation and openness are key
to remaining at the cutting edge of business education. Our
commitment to integrating the latest ideas, perspectives and technologies into our programs
enables us to train future leaders who will not only succeed in the international business
environment, but also help to redefine it.
Many of these future leaders gathered in Paris in February for a youth forum dedicated to
tackling economic and social challenges. Three thousand students and aspiring entrepreneurs
came together to exchange ideas with leading thinkers in the business and social spheres,
such as Nobel Prize-winning economist Muhammad Yunus, France’s High Commissioner for
Active Solidarities Against Poverty Martin Hirsch, Danone Chairman, CEO Franck Riboud and
leading German film director Wim Wenders. These leaders are helping us develop innovative
approaches to reducing poverty and exclusion around the world.
Last month also marked the launch of the HEC Paris platform on iTunes U. As the first
business school to join this pioneering initiative, we are exploring how iTunes U can help us
share our knowledge and research more effectively, both within and outside the HEC Paris
community. In a world where access to information and collaboration is expanding daily,
educational institutions have an important role to play. By taking advantage of cutting-edge
tools and technologies, we can demonstrate that knowledge increases as it is shared. Opening
the discussion to a broader public will enable us to expand our knowledge base, enrich our
research initiatives and enhance our students’ academic experience.
As we work to facilitate the exchange of knowledge, we also strive to deepen it. To achieve
this, HEC Paris has launched Certificate programs that delve into three of today’s most
dynamic sectors: Energy and Finance, Real Estate, and Social Business. Through a targeted
set of courses, developed in partnership with leading companies, we are preparing our
students to tackle industry-specific challenges and making them more competitive on the job
market.
This issue of the HEC Paris Newsletter goes beyond announcing innovative initiatives: it is
one! We hope you enjoy the new, interactive layout launched with this edition, and we
welcome your feedback.
Bernard Ramanantsoa
Dean of HEC Paris and Chairman of CEMS
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© HEC Paris 2010
Newsletter #23
March 2010
MSc in Management Certificate programs
target key sectors
In April 2009, HEC Paris’ MSc in Management joined the MBA
program in launching Certificates programs that have since
expanded to cover three of today’s most dynamic industries. In the
following interview, Associate Dean of the HEC Paris Master of
Science in Management program, Eloïc Peyrache, discusses the
program’s objectives and ongoing development.
Also in
Supporting
entrepreneurs from
start-up to success
What are Certificates and how do they complement HEC
Paris’ program portfolio?
Certificates are a set of courses, developed in partnership with leading companies, that target
specific sectors. They are designed to boost the employability of our graduates by enhancing
their specialized expertise in key industries. Each Certificate involves two months of study,
including around 100 contact hours, business projects and related fieldwork. Students who
successfully complete the course receive a Certificate.
Who can participate in the program?
Certificates are open to students approaching graduation and preparing to enter or re-enter
the job market. This includes second-year MSc in Management students and participants in
our Specialized Masters and MBA programs.
How do you select which industries to build Certificates around?
We wanted to tackle the sectors that are currently undergoing the most profound evolutions.
For example, the Energy and Finance Certificate, which we offer in conjunction with
Deloitte and Société Générale, considers how growing concerns about climate change will
impact the energy sector. Students who pursue this Certificate will look at key risk areas and
explore how energy producers, infrastructure operators and energy-intensive industries are
responding to the challenges of climate change.
What other industries do you address?
We offer a Real Estate Certificate, supported by Morgan Stanley and Unibail-Rodamco. This
program is designed to prepare students for the challenges of the global real estate or
commercial property industry. They look at medium- to large-scale property investment and
management, focusing on the complexities of product evaluation, real estate economics and
finance.
The Social Business Certificate, which we developed in partnership with Danone, centers
on innovative business approaches to reducing poverty. Students explore how new economic
models can be applied in both developing and developed countries to bring about positive
societal changes. They have the chance to gain hands-on experience and benefit from the
involvement of Nobel Prize-winning economist and founder of Grameen Bank, Muhammad
Yunus.
What program developments can we expect in 2010?
This year, we aim to continue expanding the program with certificates in other key sectors,
such as luxury.
Also in
Supporting
entrepreneurs from
start-up to success
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© HEC Paris 2010
Newsletter #23
March 2010
Supporting entrepreneurs from start-up to
success
HEC Paris has a longstanding commitment to fostering
entrepreneurship. Initiatives like the HEC Paris Incubator and the
Also in
HEC Paris Challenge+ Start-Up Institute offer valuable support
MSc in Management
and resources to HEC Paris students and graduates seeking to
Certificate programs
launch their own companies. Academic programs such as the MSc
target key sectors
in Management Entrepreneurship major and the Specialized
Masters in Entrepreneurship offer students first-hand exposure
to experienced entrepreneurs, venture capitalists and consultants
through coursework, group projects and seminars designed to test and hone their
entrepreneurial skills.
Alongside its Advanced Management Elective in Entrepreneurship, the HEC Paris MBA
Program is reinforcing this commitment by launching a new certificate program for young
aspiring entrepreneurs or those who are already operating their own businesses. The
inaugural Entrepreneurship Track Program (ETP) will take place from September to
December 2010, with an introductory session at HEC Paris in June.
Laying the foundation for entrepreneurship
The ETP has been designed to meet the needs of a wide range of entrepreneurs with work
experience (three to nine years), from those seeking to start businesses from scratch to
those looking to improve their investment practices when dealing with small or new
enterprises. The three and a half-month program will give entrepreneurs the hands-on
knowledge, skills and global perspective needed to successfully launch and manage their own
businesses.
ETP Participants will receive practical training in finance, management and leadership,
operations, innovation and sustainable corporate development from the Strategy and Business
Policy department. Associate Professor Oliver Gottschalg will pilot the Program, supported
by HEC Paris Start-Up Institute Director Frédéric Iselin, and Emeritus Professor of Strategy
and Business Plan Michel Santi.
Designing, developing and growing a business
All course content is structured around three core axes—designing, developing and growing a
new business—that target each critical stage of an entrepreneurial endeavor. Course material
is delivered through an interactive pedagogical approach that combines classroom teaching
and mentoring with workshops, seminars and field visits. The program also involves an
interactive business plan workshop contest, enabling ETP students to put their learning to the
test in front of a jury composed of venture capitalists, coaches, and accomplished
entrepreneurs.
ETP students will learn alongside HEC Paris MBA participants, who represent 55 different
nationalities, with 83% coming from outside France. “We have designed the ETP to offer
program participants flexibility, specificity in entrepreneurial focus and access to the benefits
of HEC Paris’ diverse learning community,” says HEC Paris MBA Associate Dean Valérie
Gauthier. “HEC Paris is committed to training high-potential individuals to create, innovate
and take on leadership positions in international business. Through the ETP, we are
reinforcing our commitment to training the next generation of entrepreneurs.”
For further information on the program or application procedures, please contact
Marie-Laurence Lemaire, lemaireml@hec.fr.
Also in
MSc in Management
Certificate programs
target key sectors
Discover research@hec
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© HEC Paris 2010
Newsletter #23
March 2010
Muhammad Yunus and HEC Paris:
partnering to promote social responsibility
(left) Muhammad Yunus
(middle) Martin Hirsch; Christine Rodwell, Executive Director, Reporters d'Espoir; Christine Kelly,
journalist, writer and godmother of Jeunes Porteurs d'Espoirs; Pascale Lafitte- Certa, journalist;
Muhammad Yunus; Frank Riboud and Frédéric Dalsace
(right) German film director, playwright, author, photographer and producer Wim Wenders
On February 4, 2010, 3,000 students and young entrepreneurs
gathered at Paris’ Grand Rex for a dynamic youth forum on
economic and social challenges, organized by the HEC Social
Business Chair in collaboration with Danone Communities and
Reporters d’Espoirs.
Also in
Rugby star strives for
excellence on the field
and in the classroom
The event provided a unique opportunity for the next generation of
business leaders to interact with Nobel Prize-winning economist
Muhammad Yunus and High Commissioner for Active Solidarities Against Poverty and High
Commissioner for Youth for the French government Martin Hirsch, as well as key business
figures like Danone Chairman Franck Riboud.
Equally important, it was a chance to freely exchange ideas and perspectives on the
limitations of current business models and strategies for reorienting the market toward
socially responsible enterprises. Roundtable discussions kicked off with German filmmaker
Wim Wenders’ video on Professor Yunus and a video montage presenting man-in-the-street
answers to questions such as “Can we reconcile economic and social concerns?” Speakers
also responded to audience members’ questions in real time via SMS and Twitter. The result
was a truly interactive event that challenged and inspired tomorrow’s leaders.
Zeroing in on social business
The forum was the latest step in Professor Yunus’ growing partnership with HEC Paris. In
2008, he became co-president of HEC Paris’ Social Business / Enterprise and Poverty (SBEP)
Chair, along with Martin Hirsch. Through curriculum changes, a comprehensive research
program and a new Enterprise and Poverty Action Tank, the Chair aims to develop innovative
business approaches that can help reduce poverty and exclusion around the world.
The Chair is firmly committed to developing concrete initiatives through the Action Tank, as
Martin Hirsch noted in the French newspaper Liberation on February 4: “The first projects will
be launched in the next few weeks. […] These large-scale initiatives, based on a different
economic model, will benefit hundreds of thousands of people.”
Through the Chair and other social business initiatives, HEC Paris is contributing to efforts to
rethink the global economy and effect meaningful change. “Our goal is to support the
development of new business models that contribute to a more sustainable and socially
responsible business environment,” says Bénédicte Faivre-Tavignot, Academic Director of
HEC Paris' Sustainable Development Master’s Program and Executive Director of the SBEP
Chair. “Companies’ level of involvement in social issues will ultimately depend on our ability to
distinguish between true and false commitment.” Professor of Marketing and holder of the
SBEP Chair Frédéric Dalsace reinforces the need to hold companies accountable for their
social commitments, calling for the development of an “alter-marketing” approach that would
emphasize concrete actions, rather than sound bites.
Raising a generation of socially responsible leaders
In 2006, Yunus and the Grameen Bank were awarded the Nobel Peace Price for their efforts
to create economic and social development from the ground up by using microcredit to
provide loans to disadvantaged people who lack financial security. Known also as the “father”
of social business, he believes that HEC’s new Social Business Chair can be a potentially
powerful tool for advancing his vision of a socially just and poverty-free world.
“Social business empowers and promotes entrepreneurship among disadvantaged populations
in developing and developed countries. Indeed, developed countries also have an important
role to play through social business and emerging technologies,” Yunus reasons. “The Social
Business Chair provides an opportunity to share these ideas with the next generation and
cultivate creative and compassionate business leaders for the future.”
Also in
Rugby star strives for
excellence on the field
and in the classroom
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© HEC Paris 2010
Newsletter #23
March 2010
Rugby star strives for excellence on the
field and in the classroom
Executive Masters participant Sylvain Marconnet
When a serious skiing accident threatened to jeopardize his
professional rugby career, Sylvain Marconnet wasted no time
developing a new game plan. A member of French rugby team
Stade Français and a key member of France’s national team,
Marconnet had always envisioned having a career post rugby.
Also in
Muhammad Yunus and
HEC Paris: partnering to
promote social
responsibility
“As a professional athlete, I understand that you need training to
be successful, no matter what the field. I saw preparing myself for
a new career as a challenge.” Like any fierce competitor, Marconnet
set his sights high, seeking out a prestigious, internationally recognized institution that could
offer him the best education in his chosen field.
Skills for winning in any environment
Marconnet decided to pursue HEC Paris’ Executive Masters degree in Marketing and
Business Development. There, he is acquiring the skills required to develop and execute
strategic marketing and commercial development plans in an increasingly global business
environment.
For Marconnet, the similarities between business and elite sport are clear. “Benchmarking,
SWOT (strengths, weaknesses, opportunities, threats) analysis, performance indicators—these
are tools that we use both in rugby and in marketing,” he remarks. It wasn’t long before he
realized that the qualities that win games on the field—humility, teamwork and camaraderie—
would also serve him well in the business world. “We don’t all have the same function on the
team or in a company, but we all have to work together to achieve a common goal,” he
reasons.
Aiming high
When Marconnet enrolled at HEC Paris, his future as an athlete was uncertain. Now that he
has bounced back from his injury and is once again in top physical form, he plans to stay in
the world of sports and put his new skills to use on the field.
“I want to share my passion for the sport and bring new perspectives and techniques to the
table,” explains Marconnet. “As rugby becomes increasingly professionalized, it’s important for
the sport to develop strategically without losing sight of its roots.”
In the long run, Marconnet hopes to serve as a role model for young rugby players, showing
them that a professional career after rugby is possible. In the short term, however, he has his
eyes on the prize. “My goal is to win the 2011 World Cup in New Zealand and present my
HEC Paris thesis the same year,” he reveals. “I love competition and this—to me—is a great
challenge!”
Also in
Muhammad Yunus and
HEC Paris: partnering to
promote social
responsibility
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© HEC Paris 2010
Newsletter #23
March 2010
HEC Paris on the move
HEC Paris iTunes U homepage
In February 2010, HEC Paris launched its profile on iTunes
University (iTunes U), making it the first business school in France
to share its knowledge for free using Apple’s iTunes platform. With
this move, HEC Paris joined leading educational institutions like
Stanford, Oxford and MIT, which were selected to pioneer the use
of iTunes U as a platform for knowledge sharing based on their
pedagogical expertise and excellence.
Also in
Award-winning finance
research from HEC Paris
professors
Extending the classroom experience
HEC Paris on iTunes U is designed to enhance—rather than replace—classroom courses. As
HEC Paris Director of Communications Delphine Loevenbruck points out, “The classroom
experience at HEC Paris is truly unique. It’s a dynamic environment that fosters exchange
between students and professors, and among class participants themselves. iTunes U is
designed to build on, rather than substitute for, this experience.”
HEC Paris on iTunes U provides a forum for classroom discussion to continue long after the
bell has rung. It’s a chance for participants to use the issues and ideas introduced by their
professors as a springboard for sharing knowledge, experiences and insights. The advantage
of the iTunes platform is that there is no need to have Internet access; students can view
content downloaded from iTunes U anywhere, on their computer, iPhone or iPod.
The challenge of capturing HEC Paris online
The courses currently available through iTunes U are primarily lecture-based and scienceoriented; however, HEC Paris wanted to position itself differently. “Some institutions rely
heavily on lecture-based teaching, but we offer a highly interactive approach to learning,”
explains Vanessa Klein, HEC Paris’ Project Manager for iTunes U. “This made the adaptation
of courses for online presentation a particularly challenging process.”
This process required close collaboration between HEC Paris faculty, staff and technical and
audiovisual teams. Students were also involved in recording courses, illustrating the global
nature of this community-wide initiative.
A showcase for innovation
In addition to presenting course material, HEC Paris on iTunes U makes a wide range of
material available to the public, including information on programs, conferences and research
into key issues such as social business and corporate social responsibility. In this way, iTunes
U will help improve HEC Paris’ international visibility and showcase its cutting-edge research
and unique teaching style to potential participants, faculty and partners around the world.
To access HEC Paris on iTunes U, visit http://itunes.hec.edu or click on the “iTunes U” tab
on the iTunes interface for a list of all participating institutions.
Also in
Award-winning finance
research from HEC Paris
professors
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© HEC Paris 2010
Newsletter #23
March 2010
Award-winning finance research from HEC
Paris professors
Professor François Derrien; Professor Thierry Foucault ; Professor Laurent Frésard
January saw three members of the HEC Paris Finance department
rewarded for their academic contributions.
Also in
HEC Paris on the move
Investigating IPOs
François Derrien received the Banque Privée Espirito Santo and
Swiss Finance Institute research awards for best finance paper for
his article, “Auctioned IPOs: the US evidence”, co-authored with François Degeorge of the
Swiss Finance Institute at the University of Lugano and Kent Womack from the Tuck School
of Business at Dartmouth. This paper will appear in the Journal of Financial Economics.
Derrien’s research into the initial public offerings (IPOs) of US companies considered the
different ways prices are set. “There are two mechanisms: book building, which involves
informal communication between banks and investors, and the standard auction, where
investors state a price,” he explains.
Book building has been criticized as giving too much power to banks, but conclusive data is
rarely available. “What makes our paper interesting is that we acquired data on all 19
auctions held by financial services firm WR Hambrecht,” Derrien explains. “This enabled us to
analyze how the auctions work in practice.” The results show that auctions are a credible
alternative to book building: they attract a lot of investor participation, particularly from
institutional investors, and they lead to IPO prices that reflect the information held by market
participants.
Tracing the effects of deregulation
Thierry Foucault received the Europlace Institute of Finance (EIF) award for best finance
paper for two articles published in 2008. The first, “Stock price informativeness, cross-listings
and investment decisions”, written with Thomas Gehrig of Freiburg University, was published
in the Journal of Financial Economics. The second, “Competition for order flow and smart
order routing systems”, co-authored with Albert Menkveld from Vrije Universiteit, appeared
in the Journal of Finance.
Both papers explore fundamental shifts in financial markets due to deregulation in Europe and
the US. The first looks at how markets are competing to attract companies to their “multisite” listings, and the potentially positive effect this can have on companies’ value. “We
considered the question from a different angle to traditional studies, looking at how the
politics of investing in a company were affected by cross-listings,” he explains.
The second paper considers whether market fragmentation affects overall liquidity, using the
example of the launch of the EuroSET platform by the London Stock Exchange. “There have
been very few studies of this kind,” Foucault notes. “The results show that, contrary to
popular belief, fragmentation has a positive effect on liquidity.”
Celebrating excellence
On February 19, a breakfast was held for VIPs, business executives and members of the press
to honor Derrien, Foucault and Laurent Frésard, who received the Law & Economics
Consulting Group (LECG) Prize for his article, “Financial strength and product market
behavior: the real effects of corporate cash holdings.” The article, which will appear in the
Journal of Finance, looked into how firms strategically develop their cash reserves to gain
market share. According to Frésard, “The award confirmed that people are taking a real
interest in this issue, and that the paper enhances our understanding of the multifaceted
interactions between corporate strategy and finance.”
For Derrien, Foucault and Frésard, the awards represent a validation by the industry and their
peers. “It’s great to be acknowledged in this way,” Derrien says. “It shows that what we are
doing is valuable, and that the profession is taking a real interest in our work.”
Also in
HEC Paris on the move
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© HEC Paris 2010
Newsletter #23
March 2010
HEC Paris joins forces with EDF to consider
future energy challenges
(left) Professor Wolfgang Ulaga
(right) Pierre Lederer, Group Executive Vice President in charge of Supply Optimization & Trading,
EDF S.A.; Gabriel de Broglie, Chancellor of the Institut de France and Chairman of the Board of
Directors, European Foundation for Tomorrow’s Energies; Professor Jean Dercourt, Permanent
Secretary of the Academy of Sciences and Chairman of the Scientific Board of the European
Foundation for Tomorrow’s Energies; Daniel Bernard, Chairman of the HEC Paris Foundation;
Bernard Ramanantsoa, Dean of HEC Paris and Chairman of CEMS
HEC Paris and EDF have announced the creation of a new chair to
consider the changes currently sweeping the energy industry and
their implications for businesses and consumers.
Also in
HEC Paris Foundation
Awards honor
management excellence
HEC Paris has already demonstrated a strong interest in the energy
market, creating an Energy and Finance Chair in association with
Deloitte and Société Générale. According to Wolfgang Ulaga,
Associate Professor of Marketing at HEC Paris who holds the new
Chair on Business Models in the Energy Industry, this latest partnership could not have
come at a more interesting time.
Redefining the energy market
As a major player in the energy sector, EDF is currently in the middle of a significant
paradigm shift, brought on by increased deregulation of its core markets and the growing
globalization of its activities. There is further pressure from regulators, governments and the
environmental lobby, as well as increased competition from new companies entering the
market.
“The traditional model for utility companies was to focus on producing energy and putting it
into the grid,” explains Ulaga. “Now, customers can be more proactive in their relationships
with energy providers. They can feed energy back into the grid as ‘co-energy creators’ and
take a more active interest in energy efficiency and ecological concerns.”
Exclusive access to an industry leader
Ulaga, who teaches business-to-business marketing and marketing management at HEC Paris
and also leads customized executive programs for major international companies, draws on
significant experience as a business consultant. He plans to use this Chair to analyze the
energy industry from a marketing perspective. “The idea is to take a first-hand look at how
new business models, greater consumer interaction and new behaviors are affecting EDF’s
offers, in both the business-to-business and consumer markets,” he says.
EDF is building its international presence, and this development brings with it new challenges
such as globalizing the company’s recruitment approach. As a result, both EDF and HEC Paris
view the Chair as a valuable way to foster interaction between the company and business
students.
“Our Master’s and MBA students are very interested in gaining a better understanding of the
energy industry and identifying opportunities to contribute to its development,” Ulaga
concludes. “The new Business Models in the Energy Industry Chair will give them the
opportunity to interact, share ideas and build a close connection with representatives from
one of the world’s leading energy providers.”
Also in
HEC Paris Foundation
Awards honor
management excellence
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© HEC Paris 2010
Newsletter #23
March 2010
HEC Paris Foundation Awards honor
management excellence
The winners of this year’s HEC Paris Foundation Awards were
announced at a gala event on December 9, 2009. In their 33rd
year, the HEC Paris Foundation Awards recognize individuals—both
program participants and professors—whose work has helped to
advance the field of management science. An eight-person
committee made up of Foundation partners and donors selected the
most outstanding contributions in each of eight categories.
Also in
HEC Paris joins forces
with EDF to consider
future energy challenges
Class stars
Amélie de Montchalin, an economics major from the class of 2009, took the Master of
Science in Management Thesis Prize for her work on inflation among households, showing
that an average approach is both economically inefficient and socially unfair. The Specialized
Masters Professional Thesis Prize was awarded to Marie Guillemier, who holds master’s
degrees in chemistry and logistics. Her work focused on ways to improve the downstream
supply chain in the cosmetics industry, using L’Oréal as an example.
This year’s winner of the MBA Business Plan Prize, Erwan Corcuff, has worked as an
engineer with the Pasteur Institute for 10 years. He is also the co-founder and CEO of
AXENIS, a spin-off start-up that uses humanized animal models in pre-clinical evaluations of
vaccine candidates—a service with applications in pharmaceuticals, biotechnology and public
research.
At the Executive Education level, Sophie Valle’s strategy for doubling a pharmaceutical
laboratory’s market share within two years earned her the Executive MBA Thesis Prize.
Meanwhile, Thierry Nadisic secured the Doctoral Dissertation Prize with his study of
managerial behaviors for dealing with feelings of injustice among teams.
Faculty leaders
HEC Paris Professor and Atos-Origin Chair Bernard Garrette took home the Pedagogical
Innovation Prize for his case study on Essilor’s “base of the pyramid” strategy in India. Jury
members praised his pioneering approach, which incorporated an interactive website featuring
a video and financial modeling tool for participants.
The Researcher Prize went to HEC Paris Professor of Finance Thierry Foucault for his prolific
research into the liquidity and organization of financial markets. Between 2005 and 2008
alone, his work appeared in leading international journals on four separate occasions.
Rodolphe Durand, Professor of Strategy and Business Policy, won the Professor Article Prize
for his article on innovation and value creation, “Do science and money go together? The case
of the French biotech industry”. As the jury noted, “This article demonstrates HEC’s ability to
conduct sophisticated analysis on transversal themes that link business and society, research
and business development.”
“The HEC Paris Foundation Awards celebrate excellence in management science,” explains
Daniel Bernard, President of the HEC Paris Foundation. “It’s a chance not only to
celebrate the school’s success, but to show the world what HEC Paris has to offer.”
Also in
HEC Paris joins forces
with EDF to consider
future energy challenges
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© HEC Paris 2010
Newsletter #23
March 2010
In brief
Campus
Open House Day
HEC Paris opens its doors to prospective students and their families.
Time & Location: March 20, HEC Paris Campus, 1 rue de la Libération, 78350 Jouy-en-Josas
Visions of Leadership Week
Hosted by the HEC Paris MBA, Visions of Leadership Week is an annual event that brings
high-profile guest speakers to campus to interact with MBA participants at a series of
interactive conferences and roundtables. This year, the event will welcome over 20 guest
speakers, including Charles Rivkin, US Ambassador to France, and Ferdinando “Nani” BeccalliFalco, President and CEO of GE International.
Time & Location: March 22-26, HEC Paris Campus, 1 rue de la Libération, 78350 Jouy-enJosas
Contact: Euphémie Long, long@hec.fr
Rethink Awards
The second edition of the Rethink Awards, organized in partnership with Les Ateliers de
la Terre, will honor companies and students involved in developing innovative and sustainable
business models. The awards aim to raise awareness of sustainable business initiatives by
identifying, analyzing and rewarding innovative responses to challenges such as climate
change, natural resource depletion and social inequality.
Time & Location: March 24, Paris Chamber of Commerce and Industry (CCIP)
Contact: Catherine Rousseau, rousseau@hec.fr
African delegates visit HEC Paris
Representatives of the Togolese government will visit HEC Paris to sign an agreement
intended to strengthen the managerial competencies of its Ministry of Economics and Finance
staff. The conference and following reception are open to all HEC Paris staff members
involved in the AGORA program or other projects related to Africa, as well as to all Togolese
students.
Time & Location: March 15, HEC Paris Château
Contact: Armelle Dufour, armdufour@yahoo.fr
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Newsletter #23
March 2010
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