School Notes: School of Management
March/April 2018

Global Network adds three schools

Three distinguished business schools have joined the Global Network for Advanced Management, a consortium of top business schools committed to educating global leaders. The three new members are SDA Bocconi School of Management, Bocconi University, in Milan, Italy; Strathmore Business School in Nairobi, Kenya; and UNSW Business School in Sydney, Australia.

The network, which includes Yale SOM, now encompasses 32 schools on six continents. By leveraging efficiencies, using new technologies, building strong institutional and personal relationships, and operating with a minimum of bureaucracy, the Global Network is having a transformational effect on students, member schools, and management education.

Yale SOM research leads to “top charity”

No Lean Season, a program based on research by Yale’s Mushfiq Mobarak that encourages seasonal migration in some of the world’s poorest rural communities, has been named to the list of top charities recommended by GiveWell, a nonprofit that evaluates the impact of philanthropic organizations. No Lean Season provides a small subsidy—enough money for a round-trip bus ticket and a meal—to villagers in order to encourage them to seek work in the city during the lean season between planting and harvest, when many communities face severe hardship. Yale studies found that these subsidies increase the rate of migration and result in increases in household income and calories consumed in the home village.

CEOs surveyed on Trump policies

While many remain hopeful for the administration’s business agenda, 81 percent of attendees surveyed at Yale SOM’s Chief Executive Leadership Institute (CELI) were embarrassed by President Trump’s representation of United States interests and image on the world stage. Three-quarters (77 percent) were fearful that the country has alienated key diplomatic allies. The 92nd Yale CEO Summit, led by Yale SOM professor Jeffrey Sonnenfeld, was held in New York in December.

The survey also found that 66 percent of CELI participants are disappointed in the administration’s trade policy, and 62 percent feel it has put the US Department of State in a dangerously weak condition.