01.12.2012 Views

With thanks to all who have invested in INSEAD for the next generation

With thanks to all who have invested in INSEAD for the next generation

With thanks to all who have invested in INSEAD for the next generation

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

From <strong>the</strong> Dean<br />

As an <strong>INSEAD</strong> donor or volunteer, you are part<br />

of someth<strong>in</strong>g very special. First and <strong>for</strong>emost,<br />

I would like <strong>to</strong> thank you <strong>for</strong> everyth<strong>in</strong>g that you<br />

<strong>have</strong> made possible through your support. But<br />

I would also like <strong>to</strong> congratulate you. <strong>INSEAD</strong>’s<br />

fundrais<strong>in</strong>g success is a s<strong>to</strong>ry of which we can <strong>all</strong><br />

be truly proud.<br />

That s<strong>to</strong>ry goes as follows. The campaign we<br />

launched back <strong>in</strong> Oc<strong>to</strong>ber 2004 has exceeded<br />

<strong>all</strong> expectations. At <strong>the</strong> time of go<strong>in</strong>g <strong>to</strong> press <strong>the</strong><br />

<strong>to</strong>tal stands at €174 million <strong>in</strong> gifts and pledges –<br />

well ahead of schedule <strong>to</strong> reach <strong>the</strong> orig<strong>in</strong>al<br />

target of €200 million by 2010. In addition, <strong>the</strong><br />

<strong>INSEAD</strong> Alumni Fund, which is also an <strong>in</strong>tegral<br />

part of <strong>the</strong> Campaign, cont<strong>in</strong>ues <strong>to</strong> break its own<br />

records year after year. These are remarkable<br />

achievements on your behalf.<br />

But here at <strong>INSEAD</strong> we’re not s<strong>to</strong>pp<strong>in</strong>g <strong>to</strong><br />

congratulate ourselves. We’re look<strong>in</strong>g <strong>to</strong> <strong>the</strong><br />

future. At this po<strong>in</strong>t <strong>in</strong> <strong>the</strong> campaign, we <strong>have</strong><br />

decided <strong>to</strong> take s<strong>to</strong>ck and refocus our ef<strong>for</strong>ts<br />

on four ma<strong>in</strong> fund<strong>in</strong>g priorities: endowed<br />

scholarships <strong>for</strong> socio-economic and gender<br />

diversity; endow<strong>in</strong>g a centre of excellence <strong>for</strong><br />

leadership; br<strong>in</strong>g<strong>in</strong>g <strong>all</strong> of our social<br />

responsibility ef<strong>for</strong>ts <strong>in</strong><strong>to</strong> a s<strong>in</strong>gle entity; and<br />

found<strong>in</strong>g a Blue Ocean Strategy Institute.<br />

2<br />

Across each of <strong>the</strong> four priorities, we are affirm<strong>in</strong>g<br />

our commitment <strong>to</strong> <strong>the</strong> school’s vital endowment<br />

fund. It is no exaggeration <strong>to</strong> say that we depend<br />

on it <strong>for</strong> a secure future. While <strong>the</strong> <strong>INSEAD</strong> Alumni<br />

Fund will cont<strong>in</strong>ue <strong>to</strong> provide much-needed<br />

current fund<strong>in</strong>g, <strong>all</strong> larger gifts will be endowed<br />

from now on.<br />

For an <strong>in</strong>dependent, not-<strong>for</strong>-profit <strong>in</strong>stitution<br />

such as <strong>INSEAD</strong>, <strong>the</strong> importance of donors and<br />

volunteers cannot be underestimated. While<br />

<strong>in</strong>come from fees covers runn<strong>in</strong>g costs, we<br />

depend on <strong>the</strong> generosity of <strong>in</strong>dividuals,<br />

companies and foundations <strong>for</strong> <strong>in</strong>novation and<br />

expansion. You are, quite liter<strong>all</strong>y, <strong>in</strong>ves<strong>to</strong>rs <strong>in</strong><br />

<strong>INSEAD</strong> – whe<strong>the</strong>r <strong>in</strong> terms of time or money –<br />

and we are perenni<strong>all</strong>y grateful <strong>for</strong> your support.<br />

I hope that this report not only reaffirms <strong>the</strong> value<br />

of your <strong>in</strong>vestment but streng<strong>the</strong>ns your ties with<br />

<strong>the</strong> school.<br />

My s<strong>in</strong>cere <strong>thanks</strong> <strong>to</strong> you <strong>all</strong>.<br />

Frank Brown<br />

Dean<br />

<strong>INSEAD</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!