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LBS research institutes – building bridges between ideas and practice

By Sir Andrew Likierman, Dean

One of the central elements of London Business School is the link between ideas and practice. Our research institutes play a vital role in this, often crossing conventional boundaries of knowledge, bridging the academic and practitioner worlds to help groups such as policy makers and regulators to share ideas through events and publications.

Just a few recent examples of what this approach means in practice. Last month, the Leadership Institute hosted football’s Sir Alex Ferguson and Paul McGinley (golf captain and Executive Fellow of our Leadership Institute). Their messages included warning against complacency and they highlighted the importance of integrity and authenticity in leaders. Last week’s Insight Summit held by the AQR Asset Management Institute, had a day for academics and practitioners to discuss critical issues for investment industry at a time of great challenge. And the Deloitte Institute of Innovation and Entrepreneurship launches its Real Innovation Awards later this month “for creative organisations that embrace change and drive the engine of economic progress”.

More could be on the way. Building on current work of our faculty in several African countries and in India, we are considering a new Business for Development Institute. This will demonstrate how management techniques and approaches can make a real difference to challenges in the developing world.

Research institutes are an exciting way in which the thinking of our faculty is harnessed for the benefit of people, organisations and the wider community.