Institute for Business in the Global Context

Where the World of Business Meets the World

Month: March 2018 (page 1 of 2)

CEME Perspectives: The End of the Chapter

by Ari Axelrod, CEME Senior Fellow

It is a stately mansion located in one of the most prestigious areas of St. Petersburg. It has its own beautifully landscaped garden, a rarity in Russia’s Northern Capital. It is a stone throw from Smolny Institute, the seat of the Governor of St. Petersburg. And the views on the majestic Smolny Cathedral and the bend of the Neva River cannot be beaten. The three story building was built in 1902-1903 as an orphanage named after Baron Vladimir Frederics (a confidant and the Imperial Household Minister of Nicolas II), served as a military hospital during World War II, and later housed an Art College. In 1993, Anatoly Sobchak, then the mayor of St. Petersburg ordered to hand it over to British Consulate General.

The decision to turn the building over to British diplomats was not met with unanimous approval. To many, the building’s grandeur and location were symbolic of the new Russia’s openness to the West. That was a policy of which Anatoly Sobchak was one of the most influential champions. Yet KGB challenged the decision, ostensibly concerned about possibility of British “agents” tapping into the nearby government cable.

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One Misstep Too Many: Facebook has Egg on its Face Again, and This Time it Might Stick

Zuckerberg has confidently promised to fix Facebook, but it will be far from easy. The ultimate social network is a victim of its own success and eye-watering revenues. When Facebook’s 2 billion users around the planet log in every month and share or swipe past some slice of the human condition as offered up by friends, family and others, the users and their contexts are bound to vary widely. To get a sense of the spread of contexts that Facebook must straddle, consider the two most important markets for the company: India, which has the largest number of Facebook users and is among its fastest-growing markets; the home market of the US. Now, add Brazil and Indonesia as the next two markets behind these two dominant ones. To manage a social network spanning this much disparity of socio-political contexts and levels of digital trust would call for Zuckerberg to re-enroll at Harvard and get a degree in what I might call “digital anthropology.”

Read the full op-ed by Dean Chakravorti in The Indian Express

Three People. Two Questions. One Degree. – Focus on Business for Impact

Our Master of International Business alumni step out of Fletcher into fascinating careers across sectors and geographies. Our new series, “Three People. Two Questions. One Degree.,” features MIB alumni working in a common industry who bring a unique Fletcher perspective to their organizations. Through a pair of questions, they look back at their time at Fletcher and forward to the future:

THREE PEOPLE


Zandile Lambu ‘17
Circle
Compliance Specialist

Boston, MA

Jesse Simmons ‘16
Align Impact
Investment Analyst

Santa Monica, CA

Ammar Karimjee '17
One Acre Fund
Impact Ventures Associate

Tanzania

TWO QUESTIONS

  • What did you learn at Fletcher that is most relevant to your career today?
  • What idea/innovation gives you the most hope for helping those at the bottom of the pyramid?

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The Countries that Trust Facebook the Most are also the Most Vulnerable to its Mistakes

Whatever solutions the good folks at Facebook devise – or have thrust upon them by regulators and lawmakers – must work not just for the more recently outraged American or the already skeptical European user. The solutions must work for the world from where Facebook picked up its second billion users, and is looking to pick up its third.

Read the full piece from Dean Chakravorti in The Conversation

Three People. Two Questions. One Degree. – Focus on Technology & Innovation

Our Master of International Business alumni step out of Fletcher into fascinating careers across sectors and geographies. Our new series, “Three People. Two Questions. One Degree.” features MIB alumni working in a common industry who bring a unique Fletcher perspective to their organizations. Through a pair of questions, they look back at their time at Fletcher and forward to the future.

THREE PEOPLE


Shailesh Chitnis ‘10
Compile
Vice President of Marketing

Bangalore, India

Sarah Ryan ‘13
SONOS
Global Commercial Insights

Boston, MA

David Rottblatt ‘11
Embraer
Business Development Director

San Francisco, CA

TWO QUESTIONS

  • What did you learn at Fletcher that is most relevant to your career today?
  • What innovation do you think will impact businesses most over the next 5 to 10 years?

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How Facebook Can Really Fix Itself

Company founder and CEO Mark Zuckerberg says he wants to win back users’ trust. But his company’s efforts so far have ignored the root causes of the problems they intend to fix, and even risk making matters worse. Specifically, they ignore the fact that personal interaction isn’t always meaningful or benign, leave out the needs of users in the developing world, and seem to compete with the company’s own business model.

Read the full piece from Dean Chakravorti in Quartz

International Corporate Social Responsibility: What Role for Governments?
UCL Global Governance Institute Keynote Lecture with Jette Steen Knudsen

In February 2018, Jette Steen Knudsen, Professor of Policy and International Business at the Fletcher School of Law and Diplomacy, called for a more systematic analysis of the various ways in which government policies interact with CSR initiatives as part of her recent keynote lecture at University College London’s Global Governance Institute. You can watch the full lecture above or on the UCL website.

Read a recap of Prof. Knudsen’s talk

William L. Clayton Professor of International Economic Affairs Michael W. Klein sits down with James Stavridis, Dean of The Fletcher School of Law and Diplomacy, to discuss Econofact, the non-partisan publication co-founded by Klein and colleague, Prof. Edward Schumacher-Matos. Econofact, launched in January 2017, now boasts a network of over 70 contributing economists and is designed to bring key facts and incisive analysis to the national debate on economic and social policies.

Tufts Daily: Fletcher Political Risk Conference Tackles Technology’s Global Ramifications

By

The Fletcher Political Risk Group (FPRG), a student group at The Fletcher School of Law and Diplomacy, hosted its annual political risk conference, entitled “New Frontiers: Emerging Technologies and Political Risk,” on March 2. The conference is the only one of its kind in North America, according to co-chair Zoltán Fehér, a diplomat from Hungary and a Ph.D. candidate in international relations at Fletcher.

Fehér said FPRG wanted to pick a specific and timely theme for the conference and ultimately decided on technology. He said conference speakers would address both how rogue actors use technology for dangerous activities and how corporations are using technology in a beneficial way to reduce risks.

“Political risk is a booming field. It looks like every company in bordering industries wants to get involved in political risk,” Fehér said. “The industry itself is increasingly looking at this conference as an industry forum.”

Read the full recap of the Fletcher Political Risk Conference in the Tufts Daily

Oliver Wyman Partner Mariya Rosberg (F04) Discusses Future of Financial Services Industry

“I sort of came into consulting by accident,” Mariya Rosberg (F04), partner in the Corporate and Institutional Banking practice of Oliver Wyman, told a crowd of students, administrators and faculty from The Fletcher School of Law and Diplomacy earlier this week. And whether it was intentional or just fate, Rosberg’s initial foray into consulting – and her career path since then – has been quite impressive.

The alumna – Rosberg earned a Master of Arts in Law and Diplomacy in 2004 – returned to her alma mater to discuss her career in financial services and offer her thoughts on the future of her industry as part of the Institute for Business in the Global Context’s speaker series.

Oliver Wyman Partner Mariya Rosberg (F’04) speaks to the Fletcher audience on her view of the future of the financial services industry

Before coming to Fletcher, Rosberg explained, she was unsure of exactly which route to take in her career, so she took the opportunity to become a consultant after hearing it could inspire her career search. “Consulting is a great way to learn a craft and learn about an industry from the inside out,” she told students.

After a few years as a consultant, the events of 9/11 occurred, and Rosberg’s path suddenly shifted. “I was moved to change my career and decided to come to Fletcher,” she said.

Since graduating from Fletcher, Rosberg served eight years as a strategy director in the wholesale divisions of two global banks and currently works as a partner for Oliver Wyman. She’s seen the banking industry through both prosperous times and catastrophic ones, and the experience has given Rosberg some valuable insight into the future of the financial services industry.

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