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Events

1
Mar

Social Venture Weekend

27 Feb 17:00 - 22:30 | 28 Feb 10:00 - 18:00 | 1 Mar 10:30 - 19:00

Social Incubator East is holding a third Social Venture Weekend at Cambridge Judge Business School on 27 February-1 March 2015. The previous events were a great success and have attracted more than 120 people.

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3
Mar

Learning from Experience – Perils & Opportunities

18:30 - 20:30

Dr Kishore Sengupta, Cambridge Judge Business School

Organisations emphasise the importance of experience as the basis for managerial learning. Indeed, experience is often used as a proxy for learning. However, Kishore’s research with hundreds of managers shows that in complex environments, experience is not only an inadequate mechanism for learning; it can even constitute an obstacle. In this Business Briefing, Kishore will show how flawed mechanisms of experiential learning systematically affect decision making by managers as well as the outcomes of decisions. He will discuss practical steps that organisations and managers can take to avoid the pitfalls and improve experiential learning.

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4
Mar

Seminar – Succeeding to Failure: Hybrid Organisations & Institutional Complexity

12:30 - 14:00

Professor Royston Greenwood, Alberta School of Business

Hybrid organisational forms – organisations that comprise two or more institutional logics – have become progressively more pervasive in market economies. Understanding how these organisations avoid ‘mission drift’ is important not simply because they are an intriguing and innovative organisational form, but because they speak to the wider concern for a better understanding of the micro-foundations of institutional processes – in particular, of how individuals relate to institutional logics.

Through an ethnographic study of a public-private Italian hospital, we provide a process model of how and why an apparently successful hybrid ultimately failed. Contrary to previous theory, we find that organisational success can trigger mechanisms that lead to failure. We also find, again contrary to current theory, that actors are neither unrepentant representatives nor ‘strategic users’ of logics, but exercise degrees of interpretive discretion according to the nature and content of their field attachments.

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4
Mar

What Doesn’t Kill You Will Only Make You More Risk-Loving! Early Disasters & CEO Behaviour

18:00 - 20:00

Professor Raghavendra Rau, Cambridge Judge Business School

In this business briefing, Professor Raghavendra Rau will take the opportunity to discuss why certain CEOs are very risk-averse while others appear to tolerate risk very well. Raghu, Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School, will show the relationship between a CEO’s early-life exposure to disasters and their attitude to risk-taking. Specifically, experiencing disasters without extremely negative consequences appears to desensitise CEOs to the negative consequences of risk. Conversely, where a CEO is exposed to the downside of risky situations when experiencing a disaster, he or she appears to be more cautious in their approach to risk. These results hold across various corporate policies and outcomes including leverage, stock volatility, cash holdings, acquisitiveness, and CEO compensation structure.

Professor Rau will be joined by Dr Amit Kapoor, Honorary Chairman at Institute for Competitiveness, India and Prosperity Institute of India, Editor in Chief of Thinkers in addition to being the President & CEO of India Council on Competitiveness. Dr Kapoor will comment on the topic following Professor Rau’s presentation.

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