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To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected] w: www.ul.ie/business t: 061 234606 Inside Page 4 - KBS Opening KBS Chronicle Spring 2011 - Volume 2 - Issue 1 Page 14 - Profile of Prof. Patrick Gunnigle Page 11 - KBS Book Launch

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Page 1: KBS Chronicle - ul.ie · If you wish to receive e-copies of future issues of the KBS Chronicle, please email: ita.page@ul.ie From the Dean’s Desk Welcome to the second issue of

To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606

Inside

Page 4 - KBS Opening

KBSChronicle

Spring 2011 - Volume 2 - Issue 1

Page 14 - Profile of Prof. Patrick Gunnigle

Page 11 - KBS Book Launch

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2

If you would like to receive further newsletters, please contact [email protected]: www.ul.ie/kbs t: 061 234606

Page 3: KBS Chronicle - ul.ie · If you wish to receive e-copies of future issues of the KBS Chronicle, please email: ita.page@ul.ie From the Dean’s Desk Welcome to the second issue of

To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606 If you wish to receive e-copies of future issues of the KBS Chronicle, please email: [email protected]

From the Dean’s DeskWelcome to the second issue of the KBS Chronicle as we face into further challenges on funding, celebrate significant milestones in our development and continue to strive for excellence in our research, teaching and community contributions. All of these are reflected in this issue.

The third-level business education landscape is changing in Ireland as well as in several other countries, driven by a variety of factors including the demands of the Y-generation, the expansion of on-line programmes and e-learning, the unrelenting growth in the use of social media, the reduction in public funding, mergers and strategic alliances of Business and Management Schools to name a number of factors.

Conventional business education programmes are often focussed on knowledge transfer, the mastery of theoretical constructs and development of intellectual and other skill sets that enable recipients to operate in standard traditional roles as competent workers and as responsible citizens. The development of an entrepreneurial focus in students requires a different approach where there is far more emphasis on developing independent thinking, risk-taking, team-working, creativity and learning by doing. Non-conventional forms of assessment are an integral part of testing the entrepreneurial effectiveness of these atypical educational interventions. Students typically engage in project work, preparation of business plans, in-company consulting work in teams and are customer-focussed in their business approach. Engaging in an “enterprising manner” is a central feature of this alternative approach to education. It leads also to students and graduates thinking ‘outside the box’ and to considering work choices that allow the further development of their creative side.

The Kemmy Business School has a well-developed tradition in entrepreneurship education as well as having an entrepreneurial approach to education. The first Chair in Entrepreneurship in any Irish University was established in the University of Limerick. We were saddened to learn of the death recently of the first Chair-holder and former Dean of the School – Prof. Barra Ó Cinnéide. Barra was a pioneering spirit who brought many non-conventional ideas to our attention in those embryonic days of the School’s evolution. He attracted high profile Fulbright Scholars to Limerick, all of whom shared a passion for entrepreneurship education, and its potential contribution to realising the innate talent of our students. He left a lasting legacy that has blossomed into undergraduate streams and postgraduate programmes in entrepreneurship, with a core team of academics that are exceptionally committed to moving the boundaries of achievement to the limit. Many alumni of the school will recall Barra’s contribution to their formation and it is heartening to know that future graduates of the School will reap enduring benefits from the entrepreneurial seeds he planted in his prime. Ar dheis Dé go raibh a anam.

Prof. Donal A. DineenDean, Kemmy Business School

An tOllamh Dónal A. Ó DuinínDéan, Scoil Ghnó Kemmy

June 2011

© Kemmy Business School, University of Limerick

3June 2011

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Official Opening of the Kemmy Business SchoolThe Minister for Defence (in the then Government), Mr. Tony Killeen, T.D., officially opened the Kemmy Business School (KBS) at the University of Limerick in November 2010. The state-of-the-art business and management education facility incorporates a unique simulated Trading Floor that is globally connected through a Thomson-Reuters licence.

Regional ImpactIn his “Opening” address, Mr Killeen was fulsome in his praise of the very positive impact that the Kemmy Business School and the wider University have had on the life of the region both in economic and social terms, an impact which is likely to continue for years to come. He praised the quality of the Business School graduates who are “well equipped to meet the challenges of the future” and noted the School did not operate in isolation but was well connected with the business community and well embed-ded, through social economy and other initiatives, in the wider community. He challenged the School to develop alterna-tive models of employment for graduates

emerging to an economy that is destined to be emerging from the current economic crisis for a number of years to come.Speaking at the opening, Professor Don Barry, UL President said ‘The Kemmy Busi-ness School not only provides innovative and award-winning teaching but it also plays a national role in thought and policy leadership in areas of strategic importance to our national economic development. To this end it has built strong relationships with business, industry and the professions to host some of Ireland’s leading thinkers and entrepreneurs.”

Hallmarks of SuccessProfessor Donal Dineen, Dean of the KBS noted in his speech that three important hallmark factors had shaped the School’s evolution: its innovative and entrepreneur-ial spirit, its close links with the business community and its autonomy within the University. He referred to the generous anonymous donation of €5m as being hugely significant in the construction of a magnificent world class building with facilities that include executive classrooms and laboratories as well as the simulated

Trading Floor, the first in Ireland and the first purpose-built in Europe. The Dean noted that business schools are dynamic living organisations that need to continually re-invent themselves to maintain their relevance to the world around them and to push the boundaries of knowledge generation in the key busi-ness and management disciplines for which they are responsible within the Academy. He said that determining how to get the balance right between a focus on research performance on the one hand and applied business skills and expertise on the other is a key tension in Business Schools.

Future ChallengesLooking to the future for the Kemmy Busi-ness School, he identified the key challenges to be faced: Internationalisation: the prepa-ration of graduates for a globalised world; maintaining high quality faculty; ensuring the curriculum reflects the hard analytical edge as well as the ‘soft’ skills required in the business world; embracing the latest social media to connect to our students and com-munities; funding and branding our distinc-tiveness as a Business School.

Pictured at opening of the KBS in November 2010 are Mr Peter Power, T.D., Minister for Defence, Mr Tony Killeen, T.D., Mr Willie O’Dea, T.D. and Prof Donal Dineen, Dean, Kemmy Business School.

Pictured in the KBS Trading Floor on the occasion of the official opening of the KBS are Prof. Donal Dineen, Dean of the KBS, Mr Dermot Desmond, Mr J.P McManus and Minister for Defence, Mr. Tony Killeen, T.D.

Pictured at the unveiling of commemorative plaque to mark the occasion are Prof. Donal Dineen, Dean of the KBS, Mr Peter Malone, UL Chancellor, Minister for Defence, Mr. Tony Killeen, T.D. and Prof Don Barry, UL President.

Mr Kieran O’Donnell, T.D., Prof Don Barry, UL President and Mr Frank Daly, Chairman of NAMA

Dr Bernard Murphy, KBS, Dr Edward Walsh founding President of the University of Limerick and Dr Barry Murphy, KBS.

Peter Sutherland, S.C., Mary Humphreys, Dean’s Office, KBS and Prof. Donal Dineen, Dean of the KBS

June 2011

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Peter Sutherland, S.C., Irish international businessman and former EU Commissioner and Attorney General for Ireland, delivered a KBS Distinguished Lecture to mark the official opening of the KBS. Speaking to a packed audience of students, staff, members of the business community and politicians from all parties, Mr. Sutherland’s lecture was delivered prior to the EU/IMF bailout for Ireland, an in-tervention that he described as neither inevi-table nor desirable. He stated “If it becomes inevitable it is the result of a failure by our political system to face up to the challenge posed by the deficit in our public finances”.

Peter Sutherland Delivers Distinguished LectureHe stressed the importance of adopting a budget strategy that is “robust, clear and certain if we are to avoid intervention”. He argued “the prospect of a failed budget, with a prolonged period of uncertainty regarding the formation of a government, would inevitably have most serious consequences on our continuing capacity to fund the State”.

Consensus PoliticsHe advised politicians of their obligation to put ordinary party politics aside and urged “individual members of the Dáil to look to the interests of the State as a whole rather than parochial concerns. However difficult this may be, it is what parliamentary democracy is all about”. He reminded the audience that agreement had already been reached across party lines on the need to reach a budget deficit of 3% by 2014 with an initial reduction of €5bn in 2011. He concluded by stating “ now we await details as to how fiscal stabilisa-tion can be achieved over 2011-14”.Mr Sutherland’s observations were interesting at the time and the unfolding of events in this space has been very much to the fore in the world’s press since Nov. 2010.Dr Stephen Kinsella, Lecturer in Economics at the KBS, provided a thought-provoking response to the lecture. He paid tribute to the stature and exceptional contribution of the distinguished guest speaker, and had some interesting things to say about the economic/ political context of the crisis facing the Irish economy.

Market ForcesHe observed, “The problems Ireland faces

today are not a result of poorly managed market forces, but the result of market forces, pure and simple. Credit-driven markets cre-ate their own reversal. They are highly volatile, and they have been for 800 years”. He went on to point out that “Liberal markets destroy as much as they create”, and prophetically noted that “As Fianna Fáil are about to find out, market liberalization also generally obliterates the political party or movement that champions free market reforms, once the scale of the inevitable cyclical downturn is apparent to the populace”. How right he was! Dr Kinsella was skeptical of the failure to recognize the reality of the misguided policy decisions to pump enormous sums of money into the banking system.

Burn the BondholdersHe concluded by offering an alternative to the then current policy approach “You can’t escape the damaging balance sheet effects of the boom without debt write downs, and that means burning bondholders, something gov-ernment and the markets clearly don’t want us to do. Continually bailing out dead banks and failed businessmen while investment in the real economy suffers is a step too far. We have tried that approach, it has clearly failed. The only credible alternative is roasting bondhold-ers on an open fire, and bearing the pain of the inevitable macroeconomic adjustment”. The game is far from over yet in terms of attempts to cope with the crisis across Europe but these contrasting perspectives of Sutherland and Kinsella are worth putting on the record.

The KBS was saddened to learn of the death of Prof Barra Ó Cinnéide, who was Dean of the College of Business (now the Kemmy Business School) from 1984-9. Author of over 140 publications, Prof Ó Cinnéide was especially concerned with analysing Irish sectoral development, including the effects on agriculture and tourism since Ireland joined the European Community. In paying tribute to Prof, Ó Cinnéide, UL president, Prof Don Barry said he “played a key role in facilitating and supporting the development of higher education – particularly business education – in this region, for the betterment of the Mid West and the advancement of the

The Late Prof Barra Ó Cinnéidecountry as a whole”. He also described him as “very reflective, thoughtful and a strong Gaelgóir”. Professor Donal Dineen, Dean of the KBS, said that his predecessor was “an innovator, a creative thinker and was never constrained by traditional disciplinary boundaries”. He added that his late colleague encouraged his students to develop and apply their intellectual skill sets to real problems in the world of business and that “ his legacy lives on in the form of a thriving entrepreneurship programme of study in the KBS at undergraduate and postgraduate levels, a vibrant research programme and enthusiastic and highly motivated faculty”. The Late Prof Barra Ó Cinnéide

Pictured prior to the Lecture are Prof. Donal Dineen, Dean, KBS, Prof. Paul McCutcheon, Vice-President and Registrar, UL, Peter Sutherland, S.C. and Dr Stephen Kinsella, Department of Economics, KBS.

June 2011

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Anyadike-Danes, M., Hart, M. and Lenihan, H. (2011) ‘New business formation in a rapidly growing economy: the Irish experience’, Small Business Economics, 36 (4), 502-516.

Armstrong, C., Flood, P., Guthrie, J., Liu, W., MacCurtain, S. and Mkamwa, T. (2010) ‘The Impact of Diversity and Equality Management on Firm Performance: Beyond high performance work systems’, Human Resource Management, 49 (6), 977-998.

Garvey, J. and Buckley, P. (2010) ‘Teaching the Concept of Risk: Blended Learning Using a Custom-Built Prediction Market’, Journal of Teaching in International Business, 21(4), 346-357.

Lavelle, J., Gunnigle, P. and McDonnell, A. (2010) ‘Patterning employee voice in multinational companies’, Human Relations, 63 (3), 395-418.

McNally, R. C., Erin, C. and Roger J. C. (2010) ‘Product Innovativeness Dimensions and their Relationships with Product Advantage, Product Financial Performance, and Project Protocol’, Journal of Product Innovation Management, 27 (7), 991-1006.

Szmigin, I. and O’Loughlin, D. (2010) ‘Capability and Responsibility in Consumer Credit Markets: Towards a Social Policy Agenda for Students and Beyond’, Social Policy and Administration, 44 (5), 598-619.

Refereed Journal Articles

Palcic, D. and Reeves, E. (2011) Privatisation in Ireland: Lessons from a European Economy, Basingstoke (UK): Palgrave Macmillan.

Andreosso-O’Callaghan, B. and Zolin, B. eds. (2010) Current Issues in Economic Integration – Can Asia inspire “the West”? Ashgate Publishing: Aldershot

Lenihan, H., Andreosso-O’Callaghan, B. and Hart, M. eds. (2010) SMEs in a Globalised World: Survival and Growth Strategies on Europe’s Geographical Periphery, Edward Elgar : Cheltenham, UK.

Books

The research focus of the School is centred on the broad theme of Organisation Science and Public

Research at the Kemmy Business SchoolPolicy. Faculty have continued to publish in high quality journals and books with a strong policy focus.

The following is a list of recent publications:

Further details on research-related issues should be addressed to the Assistant Dean, Research, Dr. Helena Lenihan. [email protected]

• Department of Accounting & Finance researchers (Dr Bernard Murphy, Dr Mark Cummins and Dr Finbarr Murphy) along with two Research Assistants (Gary Moloney, Na Li) are currently working on a substantial Enterprise Ireland backed research/partnership programme on aviation lease financing which is being undertaken with a Shannon based lessor. The research will result in the creation of confidential and commercially sensitive intellectual property, but the results will be disseminated to an international aviation industry audience at the Geneva Air Finance Conference in early 2012.

Recent KBS Research Funding successes• The Institute for New Economic Thinking (INET) was created by George Soros to broaden and accelerate the development of new economic thinking that can lead to solutions for the great challenges of the 21st century. Dr Stephen Kinsella (Department of Economics) has won a grant from INET worth $160,000 to fund a post-doctoral fellow in macroeconomic modelling. No model helped predict or understand why Ireland’s economy has collapsed so spectacularly since 2007. This is because the real and financial sides of the economy aren’t modelled using current tools. Using INET funds, the team will build a stock flow

consistent model for Ireland to solve this practical problem, as well as a theoretical problem in the estimation of large stock flow consistent models highlighted in the literature. The project is important because previous modelling methods have largely failed, and because small open economies in an era of globalization all over the world face the same challenges as Ireland. The project is the only INET funded project in Ireland and one of only 23 funded worldwide.

June 2011

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Corporate MBA International Workshop in P.R. China The MBA students recently visited the People’s Republic of China for their International Workshop. The workshop initially commenced in Shanghai where participants attended a lecture by Dr Brendan Smith who discussed modern day China: Economics, Politics and Society. The participants then visited the Irish Consulate where they attended a series of talks given by the Director of Enterprise Ireland for China, the China Director for IDA Ireland and the Chief Representative for Tourism Ireland. Next the group visited the World Expo where they were given a tour by

the Director of the Irish pavilion. This was followed by a visit to Beijing where they had a series of lectures from David Hand of Jones Lang LaSalle and Dirk Laeremans of CRH. Two company visits ensued which included a factory visit to Boeing Composite Materials and Beyondsoft. A number of cultural events occurred as well, including a visit to the Great Wall of China; Hohai (Old Beijing district); The Forbidden City; Tiananmen Square and The Bund.

Pictured on the Great Wall of China are students of the Corporate MBA programme with Course Director, Dr Naomi Birdthistle (centre).

Dr Finbarr Murphy “Credit and Credit Derivatives as Levy Processes and Determinants in European Capital Markets” (supervised by Dr Bernard Murphy, Department of Accounting and Finance)

KBS PhD Graduates from the January 2011 Conferring Ceremonies

Dr Lorraine White “Annual Hours Working in Ireland: An Exploration of its Extent and Examination of Management, Workers and Unions” (supervised by Joe Wallace, Department of Personnel and Employment Relations).

Dr Nicola Lynch “Evaluating Business Networks: The Case of Ireland” (supervised by Dr Helena Lenihan, Department of Economics)

PhD Graduates Dr Finbarr Murphy (second from left) and Dr Nicola Lynch (second from right) pictured with (L-R) Dr Bernard Murphy, Prof Donal Dineen, Dr Helena Lenihan

Mary’s tenure, she witnessed the seismic shift to University status in 1989, was heavily involved in the Asahi Scholarship programme in the 1990s and was absolutely pivotal to the smooth move of the staff of the Kemmy Business School to our new facility. Mary is far from retirement age but took the opportunity to avail of the Government’s early retirement package to make space for the pursuit of other interests during the next phase of her life. At a reception in the BENC in February, 2011, colleagues and friends said farewell to this dear friend whose character is best summed up by the phrase (of one colleague) “utterly reliable and dependable”! We wish her well in the years ahead

Mary Davern (left) was Faculty Manager in the College of Business/ Kemmy Business School for over 24 years to 2010, during which time she made an enormous contribution to the development of the systems, processes and administrative working arrangements in the School.A graduate of UL from the early years, she had enormous energy, dedication, commitment and a work ethic that was second to none. Her grasp of financial detail and her tremendous networking capacity throughout the University ensured the Kemmy Business School was served extremely well at the heart of the University as well as within the School. She was the essential continuity resource as she served under three Deans. During

Mary Davern – an Appreciation

Mary Davern

June 2011

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BBS Student Avails of Full UL Experience In 2007 John Keane, a school leaver from Cork, set out to become a primary school teacher but instead ended up experiencing the world as a BBS undergraduate student. John says “Not getting Primary Teaching was without a doubt the best thing that ever happened to me! Since attending UL and studying at the KBS I have had numer-ous experiences abroad.” Availing of the Erasmus programme, John first went to Nantes where he immersed himself in the French culture and language as well as learning the nature of French Business at Audencia Ecole de Commerce. The following year he won a scholarship to the European Business School sum-mer school in Germany. The programme focused on areas such as European integra-tion and monetary union, the European automotive and aviation industries, envi-

ronmental policy, EU extension, business leadership and European financial markets within an international context. For his period of work experience, Co-operative Education, John headed abroad again to a company called Fastnet in Lux-embourg. Here he took on the challenge of working in French and living amongst a

multi-cultural population. He also learned the hardships of being stuck in Bratislava on the day that a volcano in Iceland decides to erupt! After returning to his BBS programme, he thought that he had exhausted every po-tential avenue of international opportunities within UL when along came a scholarship programme for Pukyong National Univer-sity in South Korea. John was accepted to the Pukyong Cultural Exchange programme and spent some time learning the language and experiencing the cultural, political, and economic aspects of Korea.John says “I having nothing but the upmost gratitude for the international opportunities that the University and the KBS offer their students. Through the above programmes I have made friends from across the World, something I cannot thank UL enough for.”

The JE Cairnes School of Business & Economics at NUI Galway and the Kemmy Business School, Univer-sity of Limerick announced a partnership of the NUI Galway part-time Bachelor of Commerce and the UL Bachelor of Business Studies by Flexible Learn-ing programmes. The coordination is part of the NUI Galway/UL Strategic Alliance which aims to further a shared commitment to academic excellence. This latest initiative will open access to business students in both institutions; improving the overall student experience and broaden career opportunities.

In the next academic year, 2011-12 students will jointly study Organisational Behaviour, delivered by the Kemmy Business School and Business Negotia-tions/Integrated Case-Based Workshop delivered by the JE Cairnes School of Business & Economics. In the following year, a greater amalgamation between both business programmes is envisaged.

Course Director of the Bachelor of Business Studies by Flexible Learning at the Kemmy Business School, UL, Dr. Ronan Carbery said, “The UL/NUI Galway Strategic Alliance adds significant value to students on both Business programmes by not only allowing them to broaden their experience of third level education with the delivery of modules in a new University set-ting, but also by benefitting from the shared expertise across both Business faculties. The opportunity for students in both Universities to collaborate with each other and with a broader range of academics will further facilitate a stimulating learning environment in which to engage with the programmes.”

To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606

NUI Galway and UL Announce Business Course Partnership

Pictured at the launch of the partnership are (From Left to Right): Maureen Maloney, Depart-ment of Management, JE Cairnes School of Business & Economics, Dr Emer Mullligan, Head of the JE Cairnes School of Business & Economics, Dr. Ronan Carbery, BBS by Flexible Learn-ing Course Director at the KBS, Ita Page, BBS by Flexible Learning Course Co-ordinator at the KBS, Éilis O’Regan, part-time B. Comm. Programme Manager at JE Cairnes School of Business & Economics and Mary Sweeney, Head of Careers at UL.

John Keane, pictured in South Korea in January 2011

June 2011

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KBS Host Fidelity Investments The KBS recently hosted a visit by a group of 12 ‘LEAP’ technology gradu-ates from Fidelity Invest-ments in Galway. “Leap” is an enterprise-wide information technology programme designed to attract, develop and retain new IT graduates in Fidel-ity. This is a six-month training and development programme for software developers and acceler-ates the learning of criti-cal business, professional and technical skills to help recent college graduates become best-in-class IT professionals. The LEAP programme mirrors a sim-

ilar training programme which is held in the U.S. for US-based graduates. During the visit, the KBS Finance faculty along with researchers from MACSI and LERO, provided an overview of current re-search into the analysis and implementation of algorithmic investment strategies, mathematical modelling of complex sys-tems in credit institutions, software development re-search in LERO and the adoption of agile methods in Fidelity Investments.

Alumni Profiles

Name: Ide Kearney

Profession: Associate Research Professor, Economic and Social Research Institute

education: Bachelor of Business Studies (Finance), 1986

Achievements: Member of ESRI macro-economic team for past 15 years. My work involves macroeconomic model building, economic forecasting and policy analysis. I have also worked as an advisor to the Lat-vian Ministry of Finance and the Vietnamese Ministry of Planning.

“It was during my BBS course at UL that I first became interested in economics. The Department helped me to further this inter-est by offering me a Teaching Assistant job in Economics on graduation. The Department also gave me tremendous help and support in furthering my education/pursuing my career in economics.”

Name: Myles O’Brien

Profession: President & CEO Americas-Toll Global Forwarding

education: University of Limerick - Bachelor of Business Studies, 1979Marketing Institute of Ireland, 1980University of Bridgeport, CT USA: Masters of Business Administration, 1985

Achievements: Member of the International Advisory Board of the Kemmy Business School of UL; Chairman of Connecticut Irish Open (Main fundraiser for the Father John Conlisk Scholarship program)

“What attracted me to UL most was the Co-op program and the practical benefits and founda-tion it gives to the students. UL also had a strong entrepreneurial program which helps students put perspective on future opportunities. As a graduate of UL, I was awarded the Father John Conlisk Scholarship to study for my Master’s degree in Connecticut, USA. Today, as a board member of the scholarship, I see recipients coming from UL each year who are a testament to the high level of success that the current graduates have achieved.”

Name: Tom Kennedy

Profession: Business Development Manager - mygolfsociety.ie; Sales & Events Director - TJK Conferences Ltd.

education: Bachelor of Business Studies, 2004

Achievements: Founder Member of the University of Limerick student Golf Society; Founded own family company - TJK Confer-ences Ltd in 2003; Member of the Marketing Institute of Ireland

“Being from Limerick I never really considered anywhere other than UL for my college degree and I am glad that I did not look much further. The BBS course was well-structured and I thoroughly enjoyed my 4 years there. Getting involved with the clubs and societies aspect in the college was also a big plus for me and added to the UL experience all the more.”

To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606

Pictured outside the KBS Trading Floor: (L-R) John Lavigne , SVP Corporate Technology and Security, Fidelity Investments (US), Conor McDonnell, HR Director, Corporate Technology and Fidelity Ireland, Conor Morris, Technology Transfer Officer, UL Research Office, Mary Sweeney, Head of Careers, UL, Julie Davenport, SVP and Head Fidelity Technology Group Ireland, Dr. Bernard Murphy, MSc in Computational Finance Course Director at the KBS, David Murphy, Vice President, Fidelity Investments Ireland and Brendan O’Malley, Industry Manager, LERO.”

June 2011

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PSI Accreditation

The KBS is delighted to announce that the Psychological Society of Ireland (PSI) has given full accredita-tion to the MSc in Work and Organisational Psychology. This is the first such programme to receive this accreditation in Ireland.

NAIRTL Award

The KBS is delighted to announce that NAIRTL has conferred a 2010 National Award for Excellence in the Integration of Research, Teaching and Learning on one of UL’s most outstanding teachers – Dr Conor Carroll of the Kemmy Business School.

KBS Agreement with Toulouse Business School (ESC Toulouse)

The KBS has signed an agreement with the Toulouse Business School (ESC Toulouse), a prestigious, triple accredited international business school. The agreement will facilitate the exchange of Master’s students and the hosting, in Toulouse, of the KBS international workshops for the MSc in Human Resource Management and (with the Airbus Academy) the MBA - Aviation Management programmes over a three year period.

PPEGS Seminar Series

Prof. Frank Scrimgeour, Dean of the University of Waikato Management School, presented a seminar entitled ‘Corporate Governance and the Global Financial Crisis: The NZ Experience’ in May, at the KBS.

Dr. Donal Donovan, Adjunct Professor, UL & Visiting Lecturer, TCD, presented a seminar entitled ‘The IMF/EU Bailout and the Euro area Outlook’ in February at the KBS.

Damien O’Neill, Group Head of Marketing, Allianz Ireland gave a seminar entitled ‘Corporate Social Responsibility: An Allianz Perspective’ in March. These seminars took place as part of the Public Policy, Enterprise, Governance and Sustainability (PPEGS) research theme seminar series.

WKE Seminar Series

Prof. Rob Briner, Professor of Organisational Psychology at the University of London,

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KBs news in Brief

If you would like to receive further newsletters, please contact [email protected] w: www.ul.ie/kbs t: 061 234606 To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606

The organising committee for the annual KBS Daf-fodil Day Coffee Morning in aid of the Irish Cancer Society:Grainnne O’Connell, Bernie McGrenaghan, Sharon Walsh, Dermot Madden, Julianne Forde and Lisa Hickey. This year’s event raised €1,425.

presented a seminar entitled “Why don’t Managers use Management Research? The Role of Evidence-Based Management Approaches” in March at the KBS. This seminar is part of the Work, Knowledge and Employment research theme seminar series.

European Business SchoolScholarships

Four highly motivated KBS business students were chosen to take part in a 3-week summer programme entitled ‘Doing Business in Europe’ at the prestigious European Business School (EBS) near Frankfurt in Germany. These KBS business students are: Peter Campian, Sean Golden, Aoife O’Brien and Mark Tuite.

The programme enables students to:• Engage in Strategic Business Game Simulation• Study Governance in Europe through studying the political and economic system of the EU• Visit the European Parliament and Lufthansa Airline at Frankfurt International Airport• Learn about: Mergers and Acquisitions in International Banking; Global European Supply Chain and Corporate Social responsibility.

ZUFE Visit to KBS

A delegation from Zhejiang University of Finance and Economics (ZUFE), P.R.China, was welcomed by the Dean of the KBS and course leaders for discussions on collaboration between the two institutions. Professor Han Yi-Xiang, Chairman of the University, Associate Professors Xu Xiao-Dong, and Ma Yu-Jun visited the KBS in October 2010.

BBS Winner of Prestigious Irish Taxation Institute Scholarship

Edward Lacey, 1st year BBS student, was awarded The Irish Taxation Institute Scholarship for 2010 by the President of the Institute Mr. Andrew Cullen in November 2010. Edward, a student from Carrick-on-Suir is pictured below with his award with Prof Donal Dineen, Dean of the KBS.

IFSAM Appointment

Professor Mike Morley of the Management and Marketing department at the KBS was recently appointed President-Elect of the International Federation of Scholarly Associations of Management (IFSAM), a body to which many Academies of Management around the World affiliate. IFSAM holds a World Congress every two years and Prof. Morley will be organising the 2012 Congress in Limerick under the theme “Management Re-imagined: Ethno Theory for a Global Era”.

The four winners of the EBS scholarships are pictured above with Prof. Donal Dineen, (far left), Dean of the KBS and Dr Donal Palcic, (far right) International Coordinator, KBS.

June 2011

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The Kemmy Business School in conjunction with the Technology Transfer Office UL and Enterprise Ireland, successfully launched the New Venture Programme in September 2010. The programme is designed to facili-tate emerging entrepreneurs develop their innovative business ideas from intellectual concepts to fully developed and sound com-mercial business propositions with interna-tional growth potential.

The programme is a six month part-time course and offers a blend of monthly lec-tures, workshops and interactive sessions. Additionally, the programme provides an important mechanism for participants to net-work with like-minded individuals and repre-

sentatives from financial institutions, venture capital operations, government development agencies and established entrepreneurs who provide inputs into the programme. The participants are provided with knowl-edge of key areas of new business develop-ment such as marketing research, customer and competitor profiling, managing intellec-tual property, sourcing and managing finance for business development and marketing and sales strategies to gain a competitive advan-tage. The participants produce a business plan to provide a roadmap of how the busi-ness will be developed, grown and one which is investor-ready. The programme culminates in the showcasing of the business ideas which

took place in UL on the 10th May 2011.

On completion of the programmes a num-ber of the participants will become part of the pipeline of poten-tial client firms which can reside in the Uni-versity of Limerick Incubation Centre due to open in late 2011.

Further details can be obtained from Dr. Briga Hynes ([email protected]) or John Gleeson ([email protected]).

KBS Supports Emerging Entrepreneurs

The Annual John Lovett Memorial Lecture Series is jointly organised by the KemmyBusinessSchool and the Chartered Institute of Personnel and De-velopment in Ireland. The Series was established in 1993 in memory of John Lovett, a former chair-man of the Chartered Institute of Personnel and Development in Ireland (then Institute of Person-nel Management), personnel director and trade union official. Its objective is to present new ma-terial and insights on aspects of human resource management (HRM) which will advance knowl-edge and understanding in the field among both the academic and practitioner community. The 2011 lecture, entitled “All changed, changed utterly – new times, new engagements and new solutions: how the employment relationship is changing” was delivered in March by Kieran Mulvey, Chief Executive, Labour Relations Com-mission. Mr Mulvey called for the establishment of a new “employment relations authority”, which could take over the roles and functions carried out by a number of existing bodies.

John Lovett Memorial Lecture Series

Pictured at the 2011 John Lovett Memorial Lecture (L-R): Prof. Donal Dineen, Dean of the KBS, Michelle O’Sullivan, Prof. Paddy Gunnigle, Lisa Feerick, Mrs Phyl Lovett, Michael McDonnell, Director CIPD Ireland, Dr. Christine Cross, Dr. Jonathan Lavelle and Kieran Mulvey (speaker/Chief Executive, Labour Relations Commisson).

Book Launchby MinisterThe Minister for Finance, Mr Michael Noonan, T.D., launched the book Privatisation in Ireland – Lessons from a European Economy, recently authored by KBS facul-ty members Dr. Donal Palcic and Dr Eoin Reeves. The launch took place at the Royal Irish Academy in Dublin on Wednesday June 8th 2011. Pictured at the launch (L to R): Prof. Donal Dineen, Dean, KBS, Prof. Don Barry, Presi-dent, UL, Dr. Eoin Reeves, KBS, Minister for Finance, Mr. Michael Noonan, T.D., Dr. Donal Palcic, KBS and Mr. Peter Malone, Chancellor, UL.

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June 2011

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KBS aids Limerick Regeneration through innovative Business Transformation Programme

roll of honour2010 Kemmy Business School

/Northern Trust Outstanding Scholar Awards

announced in April 2011

Daniela Prenda, SlovakiaColin Hogan, TipperaryCiara Halliday, ClareMichael Chawke, LimerickConor McGrath, ClareSarah Hayden, LaoisLaura Stoutt, CorkCiara Wickham, WexfordRafal Kawka, PolandAoife Condon, KerryJane Chiputura, LimerickAlan Hayes, LimerickChristopher Dean, LimerickMarian Hogan, WaterfordGavin Kavanagh, WexfordCormac Phelan, LimerickNoelle O’Connor, LimerickAndrew Clohessy, TipperaryCatherine Sheehan, CorkCarol Durac, LimerickKacey O’Driscoll, KerryCatriona Cahill, LimerickClare Walsh, WaterfordKeith Lynn, MayoDominic Locke, KerryAnn Marie O’Brien, TipperarySiobhan Higgins, CorkArul Kandan, IndiaDarach McGrath, TipperaryBernadette Murphy, LimerickMairead Glynn, GalwayMarie McEvilly, WestmeathFiona Treacy, LimerickWilliam Vaughan, TipperaryAnnMarie Brooks, ClareJennifer Hurley, KerryAoife Sheahan, LimerickSarah Kieran, ClareStephen Murphy, WaterfordMaria Belizon, SpainMaureen Liddy, ClareEdel O’Sullivan, LimerickDarragh Nolan, CorkKarina Duffy, GalwayNicole Riddle, UKKeith Lynn, MayoBrian Kelly, LimerickLuke Sheehan, Kerry

Winner of the Louise Newman Memorial Prize: Keith Lynn, Mayo

Winner of the Fr John Conlisk Scholarship (Fairfield University): Brian Kelly, Limerick

RSA Insurance Academic Excellence Award: Luke Sheehan, Kerry

In October 200�, owners of 10 small firms from Limerick’s Moyross area commenced the Business Transformation Programme, created and run by John Heneghan, Faculty member at the KBS. By January 2011, all of the firms had become tax compliant and showed an increase from 26 to 60 employees in the group. Also, having become eligible to compete for contracts, the group operating as the Limerick City Building Company will commence its first retrofitting project in April

this year. “This has been an important contri-bution by the KBS to the Limerick Regenera-tion Programme” says John who is assisted on the programme by KBS colleague Dr. Mark Cummins. Other colleagues at the KBS, Dr. Naomi Birdthistle and Dr. Michele O’ Dwyer, have made contributions that will pave the way for their Masters programme entrepre-neurial students to engage with the group.

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Prof. Donal Dineen KBS Dean ( Front row second from left), John Heneghan ( far right) and Dr Mark Cummins (back row far left) of the KBS with students of the Business Transformation Programme

Northern Trust Commit to 3 Year Sponsorship of the KBS Outstanding Scholar Awards

Northern Trust, a US owned multinational company based in Limerick and Dublin agreed to sponsor the Kemmy Business School Outstanding Scholars Awards for a three year period commencing in 2011 (for the 2010 awards). This sponsorship, valued at more than €30,000 is a significant vote of confidence in the quality of students and graduates of the KBS and demonstrates yet again the close links between the School and the industry sector.At this year’s Outstanding Scholar Awards ceremony, forty five high achieving KBS business and management students were presented with awards for their academic achievement during the 200�/10 academic year. The ‘Scholars’ were presented with their award parchments by Professor Dineen and Catherine Duffy, General Manager, Northern Trust (Limerick Office) at the ceremony, which took place in the School on April 1�th 2011. Commenting on the standard of this year’s award recipients, Professor Dineen said “This is another outstanding group of scholars and reflects truly excellent performances on programmes that are internationally recognised and accredited. We are immensely proud of their achievements”. Ms Catherine Duffy, General Manager, said “Northern Trust are delighted to sponsor the University of Limerick, Kemmy Business School Outstanding Scholar Awards for the KBS Students/Graduates of 2010. Both Northern Trust and the Kemmy Business School have a very solid working relationship and this sponsorship further strengthens our partnership.”

June 2011

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13June 2011

Guided by research completed by Mas-ters students from the Kemmy Business School, the Business Support Unit (BSU) at Limerick County Council, has an-nounced the establishment of an online business directory aimed at supporting lo-cal businesses.The Limerick Business Directory will fea-ture contact details and information on commercial, industrial and professional companies that are active in the County. The BSU and students from the Masters in International Entrepreneurship Manage-ment from the Kemmy Business School are undertaking a research survey of local businesses to identify the key issues that local businesses face, and identify the key areas where support, advice and assistance is required.Josephine Cotter Coughlan, of the BSU, said the proposed business directory is a valuable method of ensuring featured firms benefit from increased exposure for their goods, products and services.

KBS and Limerick County Council Join Forces for Local Enterprise

Pictured at the 2010 NAIRTL National Awards for Excellence in Teaching ceremony with National Teaching Award recipient Dr Conor Carroll of the KBS, was (LtoR): Prof. Sarah Moore, Dr. Lisa O’Malley, Prof. Aine Hyland, (NAIRTL), Dr. Conor Carroll, Mrs Justice Catherine McGuinness, Prof. Donal Dineen.

To subscribe to or comment on the KBS Chronicle, please contact the editor: [email protected]: www.ul.ie/business t: 061 234606

Prof. Donal Dineen, Dean of Kemmy Business School, (far left) and Josephine Cotter-Coughlan, Director of Services, Limerick County Council (far right) with David Molamphy, Julius Leke, Maurice Nelligan, Daniel Doyle and Karen Flanagan at the launch of The Online Business Directory for Limerick at the Kemmy Business School.

NAIRTL National Awards for Excellence in Teaching

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Paddy is currently Professor of Business Studies and Director of the Employment Relations Research Unit at the KBS. He initially joined the faculty as a Teaching Assistant in 1978. He has been Head of both the Department of Management and the Department of Personnel and Employment Relations (two terms).

A graduate of University College Dublin (B.Comm, 1977; MBS, 1978) and Cranfield School of Management (PhD, 1995), he is a widely respected international scholar who has authored or co-authored 16 books and over 130 refereed journal papers and book chapters.

A former Fulbright Scholar and current Chartered Fellow of the Chartered Institute of Personnel and Development (FCIPD), Paddy was formerly co-editor of the Irish Journal of Management, and is a current member of the Editorial Boards of the Industrial Relations Journal,

the Human Resource Management Journal and Employee Relations.

He is currently Principal Investigator on both an EU Framework 7 Marie Curie Research programme (covering 6 countries and involving 15 international universities and business schools) and an Irish Research Council for the Humanities and Social Sciences RDI research project involving collaboration with Canadian, Spanish and UK universities. In 2011-2012 he will take up Visiting Marie Curie Research Scholar appointments at Universities in Australia, Canada and Mexico.

He also holds Visiting Professor appointments at Paris II University and the University of Cadiz. He is currently external examiner at Queens University Belfast, University of Bath, University College Cork and the University of Ulster. He has examined doctoral theses at a number of universities, most recently at Trinity College,

Dublin, Queens University, Belfast, University of Warwick and National University of Ireland, Galway. He was recently bestowed with the award of inaugural Fellow of the Irish Academy of Management in acknowledgement of his distinguished contribution to academia and the study of business and management in Ireland.

His main research interests are in the areas of multinational corporations and human resource management (HRM), trade union membership and recognition, management strategies in industrial relations, and the role of HRM specialists. He is a recipient of UL’s Special Achievement in Research Award.

Paddy previously worked as a senior executive in the Semi-State sector in Ireland and taught for some years in Zambia.

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fAculty Profile

Name: Prof. Patrick (Paddy) Gunnigle

Place of Birth: Sligo

Achievements: Manager, Personnel and Industrial Relations Advisory Service, Shannon Development Company (1981-‘84);Head, Personnel Management Section, Evelyn Hone College, Zambia (1986-’88); Fulbright Scholar, San Diego State University (1996-7);KBS Faculty (1984-Present).

Taxation Studies Focus at the KBS Set up in partnership with the Irish Revenue Commissioners in 2004, the National Centre for Taxation Stud-ies (NCTS) at the Kemmy Business School aims to further tax education and research both nationally and inter-nationally and is the first of its kind for the Irish Civil Service. The Centre offers a Diploma in Applied Taxation programme and a BA (Hons) in Applied Taxation which is taught by UL faculty from various departments, including Accounting & Finance, Eco-nomics, Politics & Public Administra-tion and the School of Law. The Irish Revenue Commissioners also provide expertise to the programme with guest lectures from the Chairman, Commis-sioners and Assistant Secretaries.To date in excess of 500 students have graduated with a Degree or Diploma

in Applied Taxation. At the recent graduation ceremony in January 2011, Revenue’s Chairman Josephine Feehily commented: “The work we do in Revenue as the Tax and Customs administration is of fundamental importance to the State and important work needs well trained, well qual-ified and professional staff.”

The Dean, KBS, stressed the importance of this partnership with Revenue as a key ex-ample of the Schools respon-siveness to meeting the capac-ity building needs of a pivotal public sector institution.

January 2011 Graduates of the Diploma and BA (Hons) in Applied Taxation programmes with Revenue Management and UL Faculty.

June 2011

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Full-Time Programmes (EPAS Accredited)• Bachelor of Business Studies (BBS)• BBS with French, German or Japanese

Joint Programmes with other UL Faculties• BA in Economics and Sociology• BA in International Insurance and European Studies• BA in Law and Accounting• BSc in Economics and Mathematical Sciences• BSc in Production Management

New Degree in 2012-13 • BA in International Business

Part-Time ProgrammesBA (Hons) in Human Resource Management BA (Hons) in Management Practice *BA (Hons) in Applied TaxationBBS (Hons) by Flexible LearningDiploma in Project Management (Distance Learning)Diploma in ManagementDiploma in Applied TaxationCertificate in ManagementCertificate in Personnel Practice

KBS Undergraduate Programmes

• Corporate MBA• MBA (Aviation Management)• Masters in Project Management (PMI Accredited)• MSc in Project and Programme Management*• MSc in Financial Services• MSc in Computational Finance• MBS in International Entrepreneurship Management• MSc in Human Resource Management (EPAS and CIPD accredited)• MSc in Organisational Behaviour

• MSc in Organisational Psychology (PSI accredited)• MSc in International Management & Global Business• MSc in Marketing, Consumption & Society• MSc in Project Management*• MSc in Entrepreneurship and Software Engineering*• MSc in Finance and Information Systems* ( Joint UL/NUIG programme)• MA in Business Management• MA in International Tourism• Research Masters & PhD programmes

KBS Graduate Programmes(Full-Time, Part-Time, Distance Learning Mode)

For further information on all our programmes, please visit: http://www.ul.ie/business

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June 2011

Honours Bachelor Degrees

*Subject to final approval

* New programmes for 2011-12