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JulyAugust2006

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Research examine the dynamics of short-term coaching interactions. The goal, he says, was to determine whether the same advice that works for long-term coaching sessions also applies to one-time, one-hour ses- sions. They also wanted to discover if shorter interactions could be as meaningful to participants as longer- term coaching relationships. UPCOMING & ONGOING n FOCUS ON FAMILY BIZ Three institutions focused on the concerns of fam- ily businesses have signed a four-year agreement to collaborate on research in this area. Spain's Family Enterprise Institute has partnered with IESE Business School's Center for Family-Owned Business and Entrepreneurship in Barcelona, Spain, and the Wharton School's Global Family Alliance (GFA) in Philadelphia, Pennsylva- nia. The partnership acknowledges that a majority of the world's eco- nomic resources are concentrated in the hands of a few business fami- lies, says Raphael Amit, chairman of the Wharton GFA executive committee. The joining of these institutions will lead to analysis of issues that face family businesses in the global marketplace. n NEW U.K. INSTITUTE The United King- dom's Cranfield School of Man- agement recently began the construction of its new Cranfield Management Research Institute. The £4.3 million facility, 52 BizEd JULY/AUGUST 2006 He and Lane decided to narrow their study to 360-degree feedback, a specific type of short-term coach- ing used by a growing number of organizations. In 360-degree feed- back, everyone who works with an employee provides evaluations of his or her strengths. Ideally, says Hooijberg, the employee should then have a one-hour coaching ses- which will be housed in an existing building on campus, will allow the school to locate its research cen- ters and doctoral programs in the same building and facilitate private research. The building also will include dedicated "interaction spaces" where academics from different disciplines can work with practicing managers to develop new research projects. School officials say the institute will be completed by the summer of 2007. n NEW CENTERS FOR STARTUPS In May, INSEAD officially opened its first center in the Caesarea Business Park near Tel Aviv, Israel. The new center is a first step in INSEAD's plan to open a network of regional research centers for entrepreneur- ship around the world. Eventu- ally, these centers will be part of INSEAD's Rudolf and Valeria Maag International Centre for Entrepre- neurship. "Traditionally, entrepre- neurship has been examined from a narrow local perspective," says Phil Anderson, director of the Maag Centre. The new research network, says Anderson, "will bring a fresh global perspective to entrepreneur- ship research and teaching." The sion to interpret that feedback. "Without a subsequent short- term coaching session, the 360- degree feedback itself isn't terribly helpful," says Hooijberg. "So many managers use 360-degree feedback as part of their leadership pro- grams, but I wonder if they really have investigated the effectiveness of this short-term interaction and new center's initial activities will include the production of case stud- ies and other research materials about Israel's high-tech entrepre- neurs. Research will cover topics such as how to keep jobs in devel- oped countries, how to commer- cialize public-sector technology, and how to transfer knowledge from the defense industry to the commercial industry. n RESEARCH IN MUMBAI Harvard Business School recently marked the opening of its India Research Centre (IRC) with a faculty research symposium in Mumbai. The IRC is the fifth in the school's network of research centers, includ- ing those in Hong Kong, Tokyo, Paris, and Buenos Aires. "To under- stand the global economy, you need to understand what's happening in Mumbai as well as New York, London, and Tokyo. To understand technology, Bangalore is as essential as Silicon Valley," HBS dean Jay Light remarked at the IRC's open- ing. The center is dedicated to pro- ducing faculty research on Indian business as well as collaborating with corporate and academic orga- nizations in the region.

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