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Strathclyde Business School - global accreditation and reputation 1 of only 40 business schools in the world (out of 4000 +), and only Scottish business school with full international accreditation (AMBA, AACSB and EQUIS) 1st in Scotland for research excellence - 7th equal in the UK (UK RAE 2008) Top 5 in the UK, top 20 in Europe (European Business Schools Ranking, Financial Times, Nov 2008 and 2009). 3rd in the UK, and 27 in the world. (Financial Times Global Master of Management, October 2009). 1st in Scotland, top 10 in the UK, top 20 in Europe and 51st in the world (Financial Times Global survey Jan 2010). Top 80 in the world (Executive MBA rankings, Financial Times, October 2009). Strathclyde Business School - global accreditation and reputation Europe’s first university faculty to be awarded a licence to operate an MBA in the UAE. Our department of Accounting and Finance was ranked 3rd in the UK by both The Independent University rankings 2010, and The Times Good University Guide 2010. Strathclyde Business School is the first business school in Scotland to receive the prestigious European Quality Award (EQA) for its Postgraduate Certificate in Executive Coaching Our department of Human Resource Management is recognised by the Chartered Institute of Personnel and Development (CIPD) as a centre of research excellence, and one of only 10 in the the UK and the only one in Scotland. Our department of Economics has its MSc Economic Management and Policy recognised by the UK Government Economic Service. of the MSc Economic Management and Policy by the Government Economic Our Research In keeping with the University's mission as 'The Place of Useful Learning', we carry out research which is both theory-driven and relevant for policy and practice Research groupings are •Employment Studies •Economics •Management Science •Accounting & Finance •Management •Entrepreneurship •Marketing •European Policy Alongside 4 Research Centres of global repute: •Strathclyde Institute for Operations Management •Fraser of Allander Institute for research on the Scottish economy •Strathclyde International Business Unit •Scottish Centre for Employment Research Our Research •Number one in Scotland – by a wide margin - for research excellence and 7th equal in the UK (UK RAE 2008) •65% of SBS research staff carry out work which is ‘worldleading’ or ‘internationally excellent’ (UK RAE 2008) •23 Best Paper awards in recent years •Research income in 2007/08 exceeding £3 million •Impressive range of publications in leading journals •Playing leading role in stimulating cross-disciplinary collaborations across the university •Top level impact on business and public policy…including • Risk Consortium linking SBS to 9 leading companies • Fraser of Allander Institute on economic impact of energy generation portfolios Research Themes • • • • • • • • • • • • • • • • Accounting & Finance Core Accounting Market Based Accounting & Corporate Finance Financial Theory Empirical Finance Economics Globalization & Regional Economics Applied Econometrics Environmental Economics & Sustainable Development Management Dynamic Organizational Processes Working Across Boundaries Employment Studies Knowledge & Skills in Contemporary Economy Human Resources in a Globalizing Economy Employee Health & Well-being Research Themes • • • • • • • • • • • • Entrepreneurship Entrepreneurship Hospitality & Tourism Management Hospitality & Tourism Management Management Science Problem Structuring & Mixed Methods Strategy Modelling & Management Operations Management Risk & Reliability Marketing Marketing Management Consumer & Social Marketing Research • Economics research case • EPSRC’s SuperGen Marine Energy Research Consortium: Economic Analysis of Variability & Penetration of Marine Renewables – Contributing to our understanding of the interactions between: developments in the marine energy industry, UK energy policy and the UK macroeconomy • EU-funded project: Sustainable Fuels From Marine Biomass - Micro analysis of biomass industry supply chains & financial viability - Macro modelling of effects of industry development on coastal regions of UK & Ireland • SuperGen Highly Distributed Energy Futures MCT’s SeaGen, Northern Ireland: world’s first commercial tidal turbine The economic implications of distributed energy resources in the future UK power system Also members of: Supergen UKSHEC 2 Supergen Wind 2 Entrepreneurship research case Role of Gender in Business Financing • ESRC-funded research • Why do women use less finance than men when starting a business? – Demand side (entrepreneurs) – Supply side (bank loan officers) • Impact on banking practice and government policy • Bank lending criteria and processes inadvertently impact on lending into women-owned firms • UK Government £12m capital fund for women introduced in 2009 Marketing research case Customer Equity Drivers of Future Sales: This study investigates the relationship between customer attitudes and future purchase behaviour (i.e. sales) • Key findings: Customer equity drivers predict future behaviour and help to direct resource investments. However, costs of managing the loyalty scheme may outweigh gains from better understanding customer behaviour. • Key implication: loyalty schemes only pay off if data/information acquired is used to improve customer equity drivers. If not, it is a waste of company resources! • Practical impact: research findings lead a major European retailer to leave their loyalty scheme Marketing Conceptual Model Management Science Risk case • Investigate the capacity and condition of the main cable anchorages of the Forth Road Bridge – Estimating uncertainty under different numbers of possible test samples – Explore pre-posterior probabilities under different possible future scenarios • Use expert judgement to qualitatively structure model and populate with probabilities • Use probabilistic model to compare efficacy of different tests and compare different sample sizes within these tests • Once test data becomes available, update model to assess the capacity/condition of the bridge Accounting & Finance research case • Report on the ICL/Stockline disaster – the worst mainland health and safety incident in Scotland for 50 years – produced by a multi-disciplinary team of academics and experts. • Referenced by the subsequent Public Inquiry and formed the basis for a new stream of academic publications • On 11 May 2004, nine workers were killed and more than thirty-three injured • ICL situated less than two miles for Strathclyde university • On August 17th 2007, the operators of ICL Tech Ltd and ICL Plastics Ltd pled guilty to four health and safety charges which had led to the deaths and injuries. • Forensic accounting showed that the company had large cash holdings (30th November 2003 £897,51; 30th November 2004 £455,187; 30th November 2005 £749,950). Yet the company was fined in total £400,000 • The report brought important information which would otherwise have been uncovered into the public domain.The point of the research was to enable policy changes to be made to prevent the reoccurrence of other similar disasters. Employment Studies Scottish Centre for Employment Research (SCER) http://www.strath.ac.uk/hrm/research/scer/ • High quality academic research centre undertaking rapid response work with direct relevance for policy-makers and practitioners. • SCER has been awarded over 20 contracts in the last eight years from government, employers and trade unions, influencing policy and practice in areas like skills development, equal pay, labour markets and training and development. Call Centres and the Globalisation of Business Services • Major policy influence on a range of stakeholders • Development of international standards Research students • Currently more than 160 postgraduate research students • Students originate 40% UK, 20% EU and 40% outside EU • PGR student research training carried out in cross-faculty Research Methods course • All students work towards Postgraduate Certificate in Research Methods. • Course specially designed to highlight diversity of research methodologies and philosophies used in Business • Possible to take MRes in Research Methods, degree recognized by the Economic and Social Science Research Council.