14:00 - 15:00 | Room W2.02 (Cambridge Judge Business School)
Dr Wolfram Wiesemann, Imperial College Business School
Traditional optimisation models only involve deterministic parameters whose values are assumed to be known precisely. However, many practical decision problems involve uncertain parameters such as future prices and resource availabilities. It has been shown that treating these parameters as deterministic quantities can lead to severely suboptimal or even infeasible decisions. Stochastic programming overcomes this deficiency by faithfully treating the uncertain parameters as random variables.
11:00 - 12:00 | Room W2.01 (Cambridge Judge Business School)
Dr Ithai Stern, Kellogg School of Management
This paper brings together two complementary research streams that have largely ignored each other: strategic human resource management and media relations management. We argue that when publicly traded firms voluntarily and publicly disclose positive information about their value creation and appropriation activities, they also send positive signals to managerial labour markets regarding executives' opportunity recognition and exploitation capabilities. Accordingly, we hypothesise a positive association between public disclosures and voluntary executive turnover. An analysis of a sample of pharmaceutical and communications equipment firms from 1990 to 2004 strongly supports this prediction, underscoring the need to better understand the effects of voluntary public disclosures on a firm's ability to isolate its human capital and protect it from expropriation by rivals. More generally, our results show how a firm's efforts to create value may ironically diminish its ability to realise that value later on.
On 14 May 2014 we will be launching in Dubai the University of Cambridge's new Middle East Leadership Research Centre. This event will bring together Cambridge faculty and senior business leaders from the region for a stimulating exchange of ideas and discussion about both the challenges and opportunities for leadership in the Middle East.
With keynote speaker Mr Tirad Mahmoud, CEO of Abu Dhabi Islamic Bank (ADIB).
This event is being recorded and live-streamed, making it available to an international audience.
Ever wondered what it takes to be an entrepreneur? The professional and personal challenges, the high and lows, the failures and the success? At this Startup Weekend, taking place 23-25 May, anyone is welcome to pitch their start-up idea and receive feedback from their peers. Teams organically form around the top ideas (as determined by popular vote) and then it's a 54-hour frenzy of business model creation, coding, designing, and market validation. The weekends culminate with presentations in front of local entrepreneurial leaders with another opportunity for critical feedback.
In recent years much has been made of a loss of trust in leaders across all spheres. Is hubris – the distortions of thinking and changes in personality associated with the exercise of power – a temptation to which everyone is prone?