HEC loses its top spot this year and comes in 2nd place … but the ball remains in the European camp, since it is the Spanish business school, IESE, which holds the top rank in 2012 of "Executive Education", namely the non-degree executive education, conducted by the Financial Times (FT).
The Best 50 schools worldwide in the field made for 5 years by the prestigious English newspaper compiles two rankings: one programs tailored to companies (the "customs") and the catalog of programs, intra-company (the "open ").
"We have focused our strategy on programs tailored to companies. We worked to ensure sticking to their needs, "explains Bernard Ramanantsoa, Director of HEC, who sees annually 7500 participants in such programs. Currently, these requirements focus on change management. "
"A company can send up to 800 employees," says the boss of HEC. For middle management executive committees, through their battalions of "high potential" identified internally, needs to train executives are considerable.
The Financial Times ranking thus directly reward the attractiveness of business schools to businesses. And it is clear that European schools have their own in the face to all Anglo-Saxon traditionally powerful.
These six French schools
Behind IESE and HEC comes the Swiss IMD, beating Harvard, which lost two places. Finally, the ranking of 13 U.S. schools, four British, and not less than twenty European, including six French: CET (2nd), Insead (10th), ESCP Europe (29th), EDHEC (33th) , EM Lyon (40th) and Grenoble School of Management (50th).
"This ranking shows that the French business schools worldwide are on continuing education, and this even though France is a country of more training," commented Olivier Oger, Chairman of the EDHEC group.
Absent from the rankings last year, EDHEC is back in 33rd position. Olivier Oger sees the recognition of a strategy pursued since the early 2000s called "Edhec for business" of redirecting research to companies. The group, which opened in 2011 with campuses in Singapore and London, has recently opened in the heart of Paris, a research center serving the company. Executive Education on business customers include Bouygues, Veolia, Michelin, Suez, but also "the banks based in Singapore who need our services on the subject of governance," says the director.
"The important thing is to be present in the rankings!" Comments does one in Grenoble School of Management who arrives in 50th position. Since entering the charts three years ago, its tailor-made programs continue to ramp up. Hilton, SNCF, Safran, Sanofi, or Schneider Electric are among its customers.
Considered a guarantee of quality, this ranking of the FT is one more argument brandished by schools during the bidding companies.
A new world record price for a camera was reached on Saturday with 2.16 million euros for a unit of the German brand Leica, dating from 1923. The sale, organized by the Galerie Westlicht, held in Vienna.
Only 25 prototypes of the pre-series were manufactured by Leica. Photo credits: LEONHARD FOEGER / REUTERS
Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille
Candidates with strong personalities, verbal jousting, a dose of suspense, … presidential election, the highlight of French political life, provides a golden opportunity for brands to stand out for their creativity. For some of them, it is even the opportunity to make themselves known. Among them, the Paris Chocolate brand, created last year, did speak of her with boxes of chocolates bearing the image of candidates. Popilz society, which wants to start selling humorous figurines inspired by celebrities, moved, for his part, since its April 23 first characters in the image of Nicolas Sarkozy and Francois Hollande. MarionDem, young designer who launched last December the lingerie brand Panty Me, launched panties printed with the colors of the candidates. Best known and oldest brand Reunion sorry! commercialized a reversible shirt if we hesitate to support the UMP candidate or PS free instant credit score.
In these operations, profitability is not often visit. "We know that this is not a shirt to wear every day. We especially want to build brand awareness, "said Peter Marten, founder of the brand sorry! that focuses on products related to humorous news. Even at the risk a fine for infringement of image rights, as in 2008. At Popilz also, "the goal is not to make profits but to come forward and test the market," says Bastien Rochard, manager of the company. "The presidential election is the best time to create awareness around a brand. Citizens and the media only talk about it for a month. This is an opportunity to talk with humor. "
The figurine "Zarkface", inspired by Nicolas Sarkozy and sold by Popilz. DR
Faced with the crisis, employers are reducing their training budgets, but at the same time, feel they do not have the skills necessary for their development. They evoke a strong "talent shortage". This paradox is largely promoted by the 10th European Business Summit 2012, held this Thursday 26 April by the Federation of Belgian Enterprises (FEB) – equivalent of the MEDEF and the giant-board, Accenture.
A survey by Accenture and presented during the Forum is a measure of the problem (*). Over the last 12 months, 86% of European employers surveyed reduced or froze their spending on training and skills development. The greatest restrictions affecting Italy (93%), Spain (90%) and Britain (90%). But no country is characterized by the implementation of important ways. France is about average (85%) and Germany is slightly less severe (71%).
In the next 12 months, no change announcement: only 18% of employers plan to increase spending.
Yet at the same time, 43% of them recognize that they are facing a talent shortage. Better, 72% say they have revised upwards their investments
.
"It's the crisis, companies are reducing the wing," says Fernand Dimidschstein, responsible for the activity management consultancy Accenture France Benelux. "We must reinvest in training! Because without training, there is no skill, and no innovation, "he insists. The EU summit is organized to raise consciousness. "
"The withdrawal is a database error"
Restrictions to the paradox of training budgets is also the issue of "untapped talent pools" in Europe: 23 million people unemployed, plus a non-working population, wants to work but faces many obstacles, ie 15 million seniors, and young mothers face the same struggle.
"Companies do not know their talents, both internally and externally," says Fernand Dimidschstein.
Based on these observations and responses of respondents, the study makes recommendations to employers and politicians. It invites the first to "invest in collecting and analyzing data to draw the profiles of talent" and work together on networks. "German companies have an ability to hunt in packs, which is not the case in the rest of Europe," said Fernand Dimidschstein.
Policy makers, the study suggests more support for schools and businesses partnerships to bond market needs. It also calls for increased harmonization of diplomas in the European area. The Bologna Declaration had laid the groundwork in 1999, "but too many students still spend equivalencies," says Fernand Dimidschstein. "It would also simplify the legislation to attract international talent in Europe and encourage them to settle there," he continues talking about an "intelligent immigration". "The withdrawal is a database error," he concludes.
(*) Study "Turning the Tide: how Europe rebuild skills and generate Cdn Growth", conducted in February 2012 among 500 decision makers at the head of business administration and civil society organizations.
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Christine Lagarde is more than ever determined to "increase the firepower of the International Monetary Fund", that its financial resources. But if the euro area "is the epicenter of the potential risks" of the global economy, "Europe is not the only one? We are not obsessed with a region "said Thursday in Washington, executive director of the IMF during a press conference that opened two days of spring meetings of IMF and World Bank.
Capacity building support from the Fund will be the highlight of the discussions to be attended especially the G20 finance ministers. Christine Lagarde has renewed its appreciation to Japan, "the first country that has decided to commit themselves" to the tune of 60 billion euros, while acknowledging "the Scandinavian countries who responded to the call and Singapore."
The Japanese contribution is the first quantified commitment to a non-European. This is in addition to those States of the euro area itself, which from the outset, have said they would put 150 billion euros in the pot (just under $ 200 billion). But Christine Lagarde, who had advanced earlier this year the figure of 500 billion, reduced its ambitions "to just over $ 400 billion" figure it has itself argued in an interview Tuesday Italian newspaper Il Sole 24 Ore.
Bilateral borrowing agreements
The negotiations will be very difficult and should not be concluded this week with the aim of reaching agreement at the annual meetings of October 2012 in Tokyo. On behalf of the United States, Tim Geithner, Treasury Secretary, said two days ago that his country "would not put money" but would support those participating in the operation payday loans. Recall that this strengthening of resources take the form of bilateral loan agreements with its 188 member countries (including the last admitted this week is Southern Sudan). It is not a capital increase of the IMF, as such. Now this is where the rub the side of the emerging countries, including China and Brazil, who would like to link this extension means the Fund to an expansion of their representation. Now it is even less question that the last reform of 2010 increasing quotas and powers to the board in favor of emerging countries mainly, has still not been ratified by the necessary majority. Within the G20, Argentina, Canada, Germany, Indonesia, Mexico and the United States, have not yet ratified, do we reported to the IMF.
Christine Lagarde must also combat the widely held in international public opinion that the firewall is only designed to help Europe, Spain and Italy, among others. She also found that Spain does not need assistance plan "for now".
Executive Director of the IMF insisted on Thursday the new initiatives launched recently, as "the trust fund for the poorest countries", mentioning also "the five countries of the Arab Spring, for which we need more resources." But the difficulty is to find a common agreement with the governments, especially with Egypt, for which the loan of $ 3.2 billion from the IMF, which should be a catalyst for international aid, is still pending .
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Not a word has filtered out of the conversation between Nicolas Sarkozy and PSA boss Philippe Varin. For nearly an hour, the two men met at the Elysee about the factory in Aulnay-sous-Bois in Seine Saint-Denis. The future of this plant, which employs over 3,300 people, would be threatened, unions fear. The presidency as the automotive group has declined to comment on leaving the meeting.
Nicolas Sarkozy wanted to convince Philippe Varin to organize a roundtable discussion with unions and industry minister, Eric Besson, "next week" to discuss the future of the site. A request of the unions, the president-candidate met Thursday at his campaign headquarters.
"All done" to save the plant
Nicolas Sarkozy said on Friday, on the antenna of i-TV: he will "do anything to save this plant." For him, it must "ease the burden on the wages of employees and the contributions of the company." He recalled that the business tax that has weighed deleted "250 euro per car manufactured in France." "It's fine to say that the cars must be manufactured in France, but if you put on in France making more taxes than elsewhere, there is a relocation," he concluded.
The unions said they were somewhat reassured after their head to head with Nicolas Sarkozy. "The words we hear a lot, but the words fly away, we want it written guarantees, said Jean-Pierre Mercier, the CGT. We play our skin. "And not just employees of PSA 9000 with direct and indirect jobs, PSA Aulnay is one of the largest employers in Seine-Saint-Denis, according to the General Council.
The record of the Aulnay plant is back on center stage last weekend. The unions had then expressed their disappointment after a meeting between employee representatives and management organized by the prefect of Seine Saint-Denis. But the concern of unions as of June 2011 and the disclosure of internal working documents of the automaker speculating a closure of Aulnay. Unions fear that the decline in production will continue and lead eventually to a cessation of activity on this site.
"We want to continue working"
In recent months the government has stepped up operations in the industrial thorny issues. Latest success, the recovery of the carrier Sernam by Geodis. In the case of Peugeot, the unions are skeptical, as expressed by Jean-Pierre Mercier Thursday: "We all know that the management of Peugeot expects the presidential and legislative elections to officially announce the closure of this factory, we are unwilling not die, we want to continue working. "
Like it or not, a sort of "peer government" is trying to establish in Europe. No national economic policy can now be released from the judgment of its neighbors and European authorities themselves, for better or for worse. While Spain had suffered fire Tuesday in financial markets, with the key rumors of a possible bailout like the programs in place for Greece, Ireland and Portugal, the German Government and the European Central Bank have seen fit to act as surety moral Wednesday, and in almost identical terms.
"Spain has undertaken major reforms in several areas, including finance, labor market and the banking sector," said Johannes Blankenheim in Berlin, the spokesman of the Ministry of Finance. "We regret that the markets have not yet acknowledged the enormous reform efforts," he added.
Almost simultaneously, but in Paris, Benedict Cœuré, one of six members of the ECB executive, developed the same argument. "The new government (in Spanish) has taken strong decisions … What is happening in the markets does not reflect the fundamentals (of the Spanish economy)." And the ECB representative, who attended a conference organized by the AFTE (French Association of Corporate Treasurers), joined the action to the word: "The ECB could intervene? We instrument for this, programs to purchase securities in the market, which has not been used (since February) but can be. "
The situation remains fragile
These words produced an instant effect on the markets. Yields on bonds of the Spanish State, which had peaked at 5.99% on Wednesday morning, retreated to 5.82%. However Italy has seen its borrowing rates harden, and the eight billion shares to twelve months were subscribed at a rate of 2.84% instead of 1.40% during the similar issue launched in March, while its refinancing conditions had steadily improved since the beginning of the year. This is clear proof that "the situation remains fragile … Governments must continue the efforts already made to restore sound fiscal positions and support the long-term growth," added Benedict Cœuré.
The roadmap on which governments will be judged by the markets is twofold equally important: first reductions of deficits and the other structural reforms likely to revive economies. Thus the European Commission Wednesday she said "the very important reform of the labor market" set up by Madrid, having welcomed the measures announced Monday savings in health and education, a total budget of 10 billion euros.
As president of the French Banking Federation and head of Societe Generale, Frederic Oudéa says the same thing: "You have come to show the markets that the trajectories become virtuous, and this requires a number of quarters to show that results are well go, "he said Wednesday on BFM Business antenna.
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Announced the surge does not occur. With complete freedom of movement since 1 May 2011, workers from eight Eastern European countries have not crossed the German border en masse. To the chagrin of a country in need of labor.
Last spring, there was a lot of hope and concern. The bosses were rejoicing the arrival of a highly skilled labor force required, the unions were alarmed competition for low wage costs. Frank-Juergen Weise, head of the Federal Employment Agency, estimated at 140,000 the number of workers from the East who would cross the German border. A year later, in an interview with the Rheinische Zeitung, there were fewer than half, 61,000.
Since 1 May 2011, nationals of eight countries of the European Union (Poland, Estonia, Latvia, Lithuania, Hungary, Czech Republic, Slovakia, Slovenia) have the right to come and work freely in Germany and Austria. "It's a pendulum swing of history, Timo J. Bass, of the Institute on the labor market (IAB). We Germans, who need so much labor and skilled young, we shot in the foot. "
When Europe has expanded to twenty-seven members in 2004, Berlin, Vienna and Brussels had negotiated with a further period of seven years to fully open their labor markets payday loan. Meanwhile, workers from the East who want to improve their living conditions have already emigrated. Location: England, Ireland, Scandinavia and Switzerland, with more attractive salaries.
Wages less attractive
Germany, however, suffers from the image of a country with low wages and poor career prospects. "Employers also require a perfect knowledge of the German language," says Timo Bass. In the globalized market and highly competitive "Best Minds" Germany is a party with several lengths behind.
Today, the sketch of immigrants came from Eastern Germany is Poland (67%), works at a temp agency or in the building sector, in one of the richest regions of the country as Bavaria. Those who cross the border rather are those who do not find work at home. Therefore: competition weighs more on low wages.
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And five! The Prism – which includes 600 companies of all sizes and interim accounts for 90% of turnover in the sector – has released disastrous figures for temporary employment in February. This further decline – the fifth in a row, after years of uninterrupted growth – reached 6.8% last month compared to same month last year. Worse, there is an accelerated decline after a month of January 2012 which showed a decline of 3.9%. In total over the first two months of 2012, the decline already exceeds 5%. Bodes ill for the rest of the year, temporary employment are a leading indicator of general labor market
.
All sectors have plunged last month: -5.2% for temporary staffing industry, -5.4% in services and even -14 guaranteed online payday loans.4% in construction. Again bad news for "when the building goes, everything goes, especially employment," the saying goes … Except for executives and professionals (who posted a 3% increase), all other occupational categories are decline: -6.1% for skilled workers, -9.6% for unskilled and -9.7% for employees, these three categories represent 87.8% in temporary.
Apart from the Midi-Pyrenees (3.2%), all regions have been affected by the contraction in February in temporary. And, sometimes violently. Folds have well exceeded 10% in four regions (Picardy, Ile de France, Champagne-Ardennes and Alsace). About two months, only the Franche-Comte and Limousin combine a double-digit decline.
