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exercise was to learn what we needed to learn from other business school with comparable standing as ours, without
compromising on our own identity and image. Another very important stakeholder group that we included in this
reflective exercise was the local and international companies that have been employing our graduates for the past
several years. As part of the first Professional Advisory Board organized by GGSB this year, local and international
companies were invited to provide us feedback on all the GGSB programs. The Professional Advisory Board also
included some of our alumni, who contributed in a big way towards the reflections pertaining to the revision of the MIB
program. This feedback was then used to enrich our reflections during the MIB review process. Once we had received
all the input from the different academic departments and once the input from the other stakeholders was also
presented to the MIB program review committee, the creative process of restructuring the program commenced. The
MIB program review committee met five times through the year, every time engaging in in-depth reflections and
discussions, which culminated in the generation of many creative suggestions regarding the content of the program.
This iterative and reflective exercise concluded with the final presentation and subsequent approval of the revised MIB
program to the GGSB Board of Studies in June 2011. The current MIB students were also invited to comment on the
revised program and have given it their resounding approval!
The revised MIB program is a much leaner and richer program than the existing one and more in line with the current
demands of the job market. The review process has resulted in shortening some of the existing modules (for example,
International Business Law), regrouping other existing modules ( for example, Research Methodology for FMP and
Business Statistics have been regrouped into a more coherent module entitled Research Methodology for
International Managers), creation of many new modules (for example Marketing and Innovations and Strategic
Marketing and Planning) and the integration of existing modules into other modules (for example, Economics is now
part of the larger International Business module). In the revised MIB program the Final Management Project
(graduating thesis) has been given much more significance as compared to the existing program. This change is in
line with the general practices in many top business schools around the globe. Most importantly, all these changes are
consistent with the guidelines provided by our accrediting bodies (AMBA, EQUIS and AACSB).
The revised MIB program is set to be launched in September 2012. The MIB program team and the entire GGSB
family as well as our advisors and well-wishers are holding their breaths to see the impact of the interesting and
collaborative work we have done this year! We are confident that the revised MIB program will be even more
successful than the current program. Inputs from our alumni with regards to the revised MIB program are very
welcome!
Dr. Taran Patel has lived and worked in several countries including France, Spain, India, Finland and the UK. In addition to being
an Associate Professor in the Management and Organizational Behaviour Department of Grenoble Ecole de Management, she is
also the Director of the Masters of International Business (MIB) Program of GGSB. Additionally, she is a Visiting Scholar at the
University of Oxford and Affiliate Researcher at the Judge Institute, Cambridge where she does research in the area of crosscultural
management, corporate sustainability reporting practices and the culture of innovations. She has published academic
articles in many internationally recognized peer-reviewed journals: Innovations: A European Journal of Social Sciences,
Management Decisions, Journal of Business Ethics etc. Her book entitled ‘Stereotypes of Intercultural Management’ was published
in 2007 and was the culmination of her doctoral thesis, which won the EFMD (European Foundation for Management Development)
Award for best doctoral thesis in the Corporate Governance category in 2006. She has been a consultant to companies such as
Salmson in France and Technip-Coflexip in India. She has been involved in diversity training programs with companies such as
Atos Origin and AXA. Her initiatives in creating awareness regarding Diversity Management were recognized when she was invited
as a speaker at the World Diversity Leadership Summit at the United Nations Headquarters in New York in 2007
The M3C Model of Cooperative Contextual Change
Dr. Mark Esposito and Dr. Lloyd C. Williams from Grenoble Graduate School of Business
in France, jointly with Dr. Alessandro Biscaccianti, have come together to write a modern
new textbook on the theory of contextual change, presenting original ideas tested and
ready to implement in their highly informative book, The M3C Model of Cooperative
Contextual Change.
The book has been released worldwide on May 17 th and it sold out, in few days in the UK. The
work is now being used at Harvard, where Dr. Mark Esposito teaches, to enhance parts of the
systems dynamics course, where students from around the world are participating.
On July 20 th then, Dr. Mark Esposito and Dr. Lloyd Williams have animated and co-lectured on
the content of the book at Harvard University, in a crowded Emerson 108 Hall.
The authors posit that to increase effectiveness of change, it's necessary to introduce dynamic stability into a system.
The whole organization and each individual should have a sense of security, and M3C can become the vehicle for this
change. One especially new element is the contextual “drivership” method, which integrates leadership and
management into organizational practices and processes that assure opportunity and capacity for success among
employees.