Latest news with #HarvardBusinessSchool
Al Bawaba
13 hours ago
- Business
- Al Bawaba
KIB celebrates graduation of three staff members from Harvard Executive Leadership Program
In line with its ongoing commitment to developing national talent and investing in the next generation of banking leaders, Kuwait International Bank (KIB) celebrated the graduation of three employees from the prestigious 'Strategic Leadership in the Age of Financial Sustainability' program, delivered and certified by Harvard Business executive managers, the six-day intensive program marked the sixteenth cohort of this executive education initiative, held under the Central Bank of Kuwait's (CBK) 'Kafa'a' program in collaboration with local banks and the Kuwait Institute of Banking Studies (KIBS).Commenting on the achievement, Feras Al-Darmi, General Manager of the Human Resources Department at KIB, said: 'We are incredibly proud of our colleagues for successfully completing one of the most respected executive leadership programs in the world. Their participation reflects our strategic focus on human capital development and our belief that investing in our people is the most effective way to achieve future readiness. This achievement reaffirms our commitment to ensuring our workforce is equipped with world-class expertise and global perspectives, in line with our comprehensive strategic plans.'Al-Darmi elaborated that the Harvard program focused on two core themes: financial strategy and leadership. Through Harvard's case-based methodology, participants were equipped with advanced tools and frameworks to navigate the complexities of today's financial markets, drive innovation, and lead effectively in a climate of digital transformation and organizational change. The sessions highlighted strategic foresight, decision-making, and the growing role of executive leadership in ensuring financial added: 'This graduation marks yet another significant milestone in KIB's journey toward realizing its vision of becoming the Islamic bank of choice in Kuwait. It reflects our long-term strategy to cultivate a highly skilled workforce that excels across all areas of Islamic banking, from Sharia-compliant financial services to exceptional customer service. By consistently investing in training and development, we enhance our service quality, drive operational performance, and build stronger, more lasting relationships with our customers. At the core of this progress are empowered employees, whose expertise forms the backbone of a distinctive and trustworthy banking experience.' It is worth noting that KIB's involvement in this program is part of its broader strategy to empower Kuwaiti talent and elevate the competencies of its leadership teams. In line with its dedication to social responsibility and the advancement of environmental, social, and governance (ESG) practices, the Bank remains committed to providing its employees with impactful learning experiences that support both institutional excellence and the broader vision of advancing Kuwait's financial sector.
CNBC
2 days ago
- Business
- CNBC
Harvard-trained investor: I've repeated this 6-word mantra daily since I was 20—it helped me become more successful than most
Alexa von Tobel starts every day on a positive note — a function of the "daily mantra" the Harvard University-trained investor has repeated every day for the past two decades, she says. "I've had it, probably, since I was 20: 'Get up, dress up, show up,'" says von Tobel, 41. "[It means] get up early, get dressed and show up with a very positive attitude." A founder and managing partner of venture fund Inspired Capital, von Tobel says she typically wakes up by 6 a.m. to "get ahead" of her three children and exercise so she can be "ready to take on the day in a powerful way." That positive outlook helped give her the confidence to drop out of Harvard Business School and move to New York to launch a startup at age 24, she says. The startup was online financial advisory LearnVest, which she founded as startups struggled to access venture capital amid the start of the Great Recession. Von Tobel credits a detailed, 75-page business plan and her own unshakeable conviction for her ability to raise more than $1 million from investors within a year of launching. "There was just an absolute desert of capital and my mindset was, like, 'There's only one plan. It's plan A and we'll figure it out," she a successful business — LearnVest reached 1.5 million users before selling to Northwestern Mutual for a reported $375 million in 2015 — required "extreme trust in my ability to figure things out, [which] stems from this very positive outlook," adds von Tobel. Every entrepreneur should develop their own version of a relentlessly optimistic mindset about their business, so they can build the confidence and resilience they'll need to forge ahead while weathering inevitable setbacks, she says. "It's natural to me, [but] the mindset of, literally, 'the impossible is possible' is very important for an entrepreneur: to only look for the path to make something successful, and the sheer commitment to extremely detailed positive thinking to make [that] happen," von Tobel says. Positive thinking can provide real benefits ranging from reduced stress and better overall health to increased productivity and improved problem-solving skills, research shows. It can be especially powerful when combined with diligent preparation and a commitment to hard work — particularly important traits in the business world, according to serial entrepreneur and Stanford University adjunct professor Steve Blank. Skipping out on research and preparation is the "biggest mistake" people make that often leads to failure in business, Blank told CNBC Make It in March. Billionaire Mark Cuban touts a similar message, phrased more bluntly: "You [need to] know your s--- better than anyone else in the room," he told GQ in 2022. Some other successful entrepreneurs agree. "Positive thinking is [an] incredibly powerful tool," billionaire Richard Branson wrote in a 2018 blog post. "Simply put: positive, proactive behavior spurs positive, proactive behavior." You can boost your own positivity by avoiding constantly comparing yourself to others and working on how you judge yourself, psychologists say. Replacing self-criticism with self-compassion — everyone makes mistakes, and you can learn something from every setback — can help shift your mindset from negative to positive, according to leadership and mental strength expert Scott Mautz. "Stop all that negative inner chatter — the destructive thoughts, beliefs, and attitudes that take over..." Mautz wrote in August. "Instead, talk to yourself as you would to a friend in need, with compassion and empathy." Von Tobel is also right, according to author and financial therapist Aja Evans: Regular uplifting affirmations genuinely help, too. They can help "fortify you, so when the crisis does come, you truly believe that you can handle it," Evans said in December. ,
Vox
2 days ago
- Business
- Vox
Harvard just fired a tenured professor for the first time in 80 years. Good.
is a senior writer at Future Perfect, Vox's effective altruism-inspired section on the world's biggest challenges. She explores wide-ranging topics like climate change, artificial intelligence, vaccine development, and factory farms, and also writes the Future Perfect newsletter. The Harvard University crest on the Baker Library of the Harvard Business School in Boston on May 27. Sophie Park/Bloomberg via Getty Images In the summer of 2023, I wrote about a shocking scandal at Harvard Business School: Star professor Francesca Gino had been accused of falsifying data in four of her published papers, with whispers there was falsification in others, too. A series of posts on Data Colada, a blog that focuses on research integrity, documented Gino's apparent brazen data manipulation, which involved clearly changing study data to better support her hypotheses. Future Perfect Explore the big, complicated problems the world faces and the most efficient ways to solve them. Sent twice a week. Email (required) Sign Up By submitting your email, you agree to our Terms and Privacy Notice . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. This was a major accusation against a researcher at the top of her field, but Gino's denials were unconvincing. She didn't have a good explanation for what had gone wrong, asserting that maybe a research assistant had done it, even though she was the only author listed across all four of the falsified studies. Harvard put her on unpaid administrative leave and barred her from campus. The cherry on top? Gino's main academic area of study was honesty in business. As I wrote at the time, my read of the evidence was that Gino had most likely committed fraud. That impression was only reinforced by her subsequent lawsuit against Harvard and the Data Colada authors. Gino complained that she'd been defamed and that Harvard hadn't followed the right investigation process, but she didn't offer any convincing explanation of how she'd ended up putting her name to paper after paper with fake data. This week, almost two years after the news first broke, the process has reached its resolution: Gino was stripped of tenure, the first time Harvard has essentially fired a tenured professor in at least 80 years. (Her defamation lawsuit against the bloggers who found the data manipulation was dismissed last year.) What we do right and wrong when it comes to scientific fraud Harvard is in the news right now for its war with the Trump administration, which has sent a series of escalating demands to the university, canceled billions of dollars in federal grants and contracts, and is now blocking the university from enrolling international students, all in an apparent attempt to force the university to conform to MAGA's ideological demands. Stripping a celebrity professor of tenure might not seem like the best look at a moment when Harvard is in an existential struggle for its right to exist as an independent academic institution. But the Gino situation, which long predates the conflict with Trump, shouldn't be interpreted solely through the lens of that fight. Scientific fraud is a real problem, one that is chillingly common across academia. But far from putting the university in a bad light, Harvard's handling of the Gino case has actually been unusually good, even though it still underscores just how much further academia has to go to ensure scientific fraud becomes rare and is reliably caught and punished. There are two parts to fraud response: catching it and punishing it. Academia clearly isn't very good at the first part. The peer-review process that all meaningful research undergoes tends to start from the default assumption that data in a reviewed paper is real, and instead focuses on whether the paper represents a meaningful advance and is correctly positioned with respect to other research. Almost no reviewer is going back to check to see if what is described in a paper actually happened. Fraud, therefore, is often caught only when other researchers actively try to replicate a result or take a close look at the data. Science watchdogs who find these fraud cases tell me that we need a strong expectation that data be made public — which makes it much harder to fake — as well as a scientific culture that embraces replications. (Given the premiums journals put on novelty in research and the supreme importance of publishing for academic careers, there's been little motivation for scientists to pursue replication.). It is these watchdogs, not anyone at Harvard or in the peer-review process, who caught the discrepancies that ultimately sunk Gino. Crime and no punishment Even when fraud is caught, academia too often fails to properly punish it. When third-party investigators bring a concern to the attention of a university, it's been unusual for the responsible party to actually face consequences. One of Gino's co-authors on one of the retracted papers was Dan Ariely, a star professor of psychology and behavioral economics at Duke University. He, too, has been credibly accused of falsifying data: For example, he published one study that he claimed took place at UCLA with the assistance of researcher Aimee Drolet Rossi. But UCLA says the study didn't happen there, and Rossi says she did not participate in it. In a past case, he claimed on a podcast to have gotten data from the insurance company Delta Dental, which the company says it did not collect. In another case, an investigation by Duke reportedly found that data from a paper he co-authored with Gino had been falsified, but that there was no evidence Ariely had used fake data knowingly. Frankly, I don't buy this. Maybe an unlucky professor might once end up using data that was faked without their knowledge. But if it happens again, I'm not willing to credit bad luck, and at some point, a professor who keeps 'accidentally' using falsified or nonexistent data should be out of a job even if we can't prove it was no accident. But Ariely, who has maintained his innocence, is still at Duke. Or take Olivier Voinnet, a plant biologist who had multiple papers conclusively demonstrated to contain image manipulation. He was found guilty of misconduct and suspended for two years. It's hard to imagine a higher scientific sin than faking and manipulating data. If you can't lose your job for that, the message to young scientists is inevitably that fraud isn't really that serious. What it means to take fraud seriously Gino's loss of tenure, which is one of a few recent cases where misconduct has had major career consequences, might be a sign that the tides are changing. In 2023, around when the Gino scandal broke, Stanford's then-president Marc Tessier-Lavigne stepped down after 12 papers he authored were found to contain manipulated data. A few weeks ago, MIT announced a data falsification scandal with a terse announcement that the university no longer had confidence in a widely distributed paper 'by a former second-year PhD student.' It's reasonable to assume the student was expelled from the program. I hope that these high-profile cases are a sign we are moving in the right direction on scientific fraud because its persistence is enormously damaging to science. Other researchers waste time and energy following false lines of research substantiated by fake data; in medicine, falsification can outright kill people. But even more than that, research fraud damages the reputation of science at exactly the moment when it is most under attack. We should tighten standards to make fraud much harder to commit in the first place, and when it is identified, the consequences should be immediate and serious. Let's hope Harvard sets a trend.
Time of India
2 days ago
- Business
- Time of India
Anjali Sud educational qualification: How this Indian-origin executive went from Harvard classrooms to the boardroom
Indian-origin Anjali Sud has been elected to the Harvard Board. Anjali Sud, the Indian-American businesswoman and technology executive, has carved a remarkable path from her educational beginnings to becoming a leading figure in the media and tech industry. Born in Detroit, Michigan, to Punjabi immigrants from India, Sud's journey reflects determination, academic excellence, and visionary leadership. Most recently, she has been elected to Harvard University's Board of Overseers, marking another milestone in a career defined by growth and impact. Sud's educational foundation set the stage for her successful career. She graduated from the University of Pennsylvania in 2005 with a Bachelor of Science degree in finance and management. Later, she earned her MBA from Harvard Business School in 2011, an experience that further shaped her leadership skills and strategic outlook. Her ascent from these classrooms to leading global media platforms highlights the power of education paired with ambition. Early life and academic journey Growing up in Flint, Michigan, Sud attended Phillips Andover Academy, a prestigious private school in Massachusetts, starting in 1997 at age 14. This move away from her hometown to a rigorous academic environment was an early indication of her drive and focus. After completing her studies at Andover, she enrolled at the University of Pennsylvania's Wharton School, one of the top business schools in the country. Here, she earned a in finance and management, graduating in 2005. Determined to deepen her business expertise, Sud pursued an MBA at Harvard Business School, graduating in 2011. Harvard's rigorous curriculum and collaborative culture played a crucial role in honing her skills in leadership, strategy, and innovation. This educational foundation helped Sud navigate the complex world of media, technology, and entrepreneurship, preparing her to take on increasingly challenging roles. Building a career from finance to technology leadership After completing her undergraduate degree, Sud began her career in finance, media, and e-commerce sectors. Between 2005 and 2014, she worked at companies like Sagent Advisors, Time Warner, and Amazon, gaining valuable experience in various business functions. Her diverse roles gave her insights into how media and technology intersect with finance and marketing. In 2014, Sud joined Vimeo, a video platform owned by IAC, initially as head of global marketing. She quickly rose through the ranks, becoming general manager of Vimeo's core creator business. In this role, she led several innovative product launches, including Vimeo Business, 360-degree video support, and video collaboration tools. Her success in these areas set the stage for her appointment as Vimeo's CEO in July 2017. A new era at Vimeo and beyond As CEO, Sud refocused Vimeo's strategy from producing original content to developing software tools for video creators. Under her leadership, Vimeo acquired several startups including Livestream in 2017, Magisto in 2019, and video software companies WIREWAX and Wibbitz in 2021. These strategic moves expanded Vimeo's offerings and strengthened its position in the market. Sud also oversaw two major fundraising rounds for Vimeo: a $150 million equity raise in November 2020 and a $300 million round in January 2021. These helped the company reach a valuation of over $5 billion. Vimeo went public on Nasdaq in May 2021 under her leadership, marking a significant milestone for the company. After nearly a decade with Vimeo and six years as CEO, Sud announced in July 2023 that she would leave the company in September to pursue new opportunities. Shortly after, she was named CEO of Tubi, a free ad-supported streaming service owned by Fox Corporation. From student to overseer: Giving back to harvard In May 2025, Anjali Sud was elected to Harvard University's Board of Overseers, filling the vacancy left by Mark Carney. This prestigious role allows Sud to contribute to the governance and strategic direction of one of the world's leading universities. It also symbolizes a full-circle moment, highlighting her journey from Harvard student to influential leader and mentor. Sud's story is a testament to the power of education combined with perseverance. Her academic credentials from top institutions laid the groundwork for a career marked by innovation and leadership. As she continues to break new ground, Sud inspires many aspiring professionals, especially women and members of the Indian diaspora, to pursue their ambitions relentlessly. Ready to empower your child for the AI era? Join our program now! Hurry, only a few seats left.
Yahoo
2 days ago
- Business
- Yahoo
Why the fight over foreign students at Harvard has some US students leaving, too
The Trump administration's push to end Harvard's ability to enroll foreign students is predictably forcing those students to look into other options. But it's also pushing away some students from the United States. In one case, an incoming U.S. student at Harvard Business School asked the institution if they could defer admission because the 'educational experience would be different without any international students,' Maureen Martin, Harvard's director of immigration services, said in a Wednesday court filing. Dozens of incoming international Harvard students have also opted to defer admission or enroll elsewhere, Martin said in the filing. A Harvard spokesperson declined to a request for additional comment. The stories of students deferring admission comes from a court filing where Martin detailed the ways U.S. and international students are 'reconsidering their futures at Harvard,' harming Harvard's ability to attract and enroll students, she said. These admission challenges are a direct reaction to the federal government attempting to revoke a key certification that allows Harvard to enroll international students. Harvard subsequently sued and asked for a temporary restraining order, which a federal judge allowed. The judge has since allowed a preliminary injunction on Thursday, further delaying the Trump administration from being able to revoke Harvard's certification. Read more: Judge halts Trump plan to stop Harvard enrolling foreign students — again On top of the revocation, President Donald Trump has also suggested a 15% cap on international students at Harvard University. Growing up in Mississippi where she was often the only Asian American person in a room, Rachele Chung, a first-year U.S. student at Harvard, said a key reason she chose Harvard was because of its diversity. International students make up more than a quarter of the total student population. Chung said she might have gone somewhere else if Harvard didn't have international students. Read more: Harvard commencement speaker says it's fitting to 'hear from an immigrant like me' 'What really drew me to Harvard was the diversity and also the potential to meet people from all over the U.S. but also all over the world and hear from different perspectives from that,' she said. 'I think if a different institution offered that, then, I might have leaned toward them,' she said. Chung said she is unlikely to transfer now because she believes more institutions will also lose their certification after the Trump administration takes away Harvard's. However, that doesn't mean she is any less concerned about the future of Harvard if international students and scholars aren't allowed to come to the institution and domestic students opt out of attending. She said that would affect Harvard and the state of research and science more than it would the federal government. Nuriel Vera-DeGraff, a junior at Harvard University, said he isn't surprised that incoming students would change their minds on enrolling at the institution. 'Interntionals contribute so much to campus culture,' he said. At this point, he said he is close to finishing his degree at Harvard and has created a community and wouldn't want to leave the institution. Vera-DeGraff said he hasn't heard about current U.S. students considering transferring to other institutions and thinks it is 'unlikely' to happen. However, if he was an incoming student and had a choice between Harvard and another institution based in the U.S., he said he would consider doing the same thing. 'I'd definitely be very tempted to choose the other school because it's definitely not the same experience — I really can't imagine being here without the international students. It would just feel very different,' he said. The Student and Exchange Visitor Program, also known as SEVP, allows higher education institutions to issue visa application forms to prospective international students after admitting them. The forms are used to apply for a visa to enter the United States. The certification requirements include that the school is operational and instructing students, has the necessary facilities and adequate finances to operate, provides instruction to a degree or objective and meets state requirements to operate, according to the Department of Homeland Security website. Read more: Here's everything Trump has stripped from Harvard so far — and what is threatened Institutions are recertified every two years, but can be evaluated at other points in time if federal regulators have information suggesting the school isn't complying with regulations. If the certification is taken away, an institution isn't allowed to enroll international students. Current students would have to choose between transferring to another institution, leaving the U.S., or changing their immigration status, according to the U.S. Immigration and Customs Enforcement (ICE) website. An example of the certification being stripped occurred at Herguan University in California in 2016 after its CEO pleaded guilty to providing fraudulent documents to the Department of Homeland Security, according to East Bay Times. Harvard has been in a battle with the federal government since April. There has been a wave of federal research grant terminations at Harvard University, in addition to $60 million in multi-year grants, a $450 million cut and a $2.2 billion freeze. In addition to barring Harvard University from acquiring new federal grants, the Trump administration directed federal agencies to cut off existing contracts with Harvard or transfer them to other vendors on Tuesday. Harvard President Alan Garber wrote in a letter to U.S. Secretary of Education Linda McMahon that they share the same 'common ground,' but the university 'will not surrender its core, legally-protected principles out of fear.' Read more: Shadow of Trump administration hangs over Harvard University commencement Garber pushed back on the administration through a lawsuit in April. The institution argues that its constitutional rights had been violated by the government's threats to pull billions of dollars in funding if the school didn't comply with demands for an overhaul. Following the $450 million announced cuts, the university amended its lawsuit. 'No government — regardless of which party is in power — should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue,' the suit reads. Due to the federal cuts, Harvard announced that it was committing $250 million of 'central funding' to support research impacted by suspended and canceled federal grants. Harvard affinity group graduations held off campus amid 'capitulation' to Trump Harvard commencement speaker says it's fitting to 'hear from an immigrant like me' Many foreign students already fleeing Harvard University due to Trump order Protesters pack outside Harvard commencement as families focus on their graduates Trump admin starts 30-day countdown on Harvard foreign students Read the original article on MassLive.
