Annual Meeting of the International Advisory Board (IAB)
The EMU will not solve the unemployment
problem in Europe
In the course of its annual meeting, held at the Barcelona campus on February 27, the IESE International Advisory Board analyzed the situation of the world economy and the main problems facing it
The Board's members identified unemployment as the most serious problem in Europe and stated that the necessary conditions should be created to directly facilitate the creation of new companies, and, through them, new jobs; and that economic growth could not be blindly trusted to bring job creation with it as a direct consequence.
The International Advisory Board viewed very positively the priority given in IESE to job creation as a line of research and the fact that one-third of IESE MBA graduates have created a company within 10 years after graduating. More than by the mergers of large conglomerates, which are often followed by restructuring operations, jobs are created by companies and entrepreneurs through their initiative and commitment. The same opinion was voiced by the Group of Eight (G-8) in their meeting held in London during the same week, who stated that "a favorable economic climate should be created for the growth of SMEs and new business ventures".
The choice of job creation as a priority line of research in IESE is also driven by its conception of business activity centered on personal development, harmonizing the company's economic-financial strength with the integral development of the people who work in it.
WHAT IS THE IAB?
IESE's International Advisory Board, whose members are presidents of multinational companies in Europe, Asia and America, advises IESE's management on all issues related to the development of the world economy and business management. During the last year, the International Advisory Board has added to its members the Pearson publishing group's American CEO, Marjorie Scardino.
The existence of the International Advisory Board reflects IESE's growing and consolidated international dimension, which is based on research and a direct, close relationship with leading groups of companies. Indeed, IESE's international publications and programs and the International Advisory Board itself are the most characteristic manifestations of the school's international strategy.
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