Iese Usa Inc.

EXECUTIVE EDUCATION PROGRAMS:GENERAL MANAGEMENT PROGRAMS OF SEVERAL DAYS OR WEEKS ARE OFFERED TO CORPORATE EXECUTIVES BY IESE BUSINESS SCHOOL, WITH SUPPORTING OPERATIONS FOR THESE U.S. PROGRAMS BEING ACCOMPLISHED BY IESE USA, INC. FOUR WEEKS OF PROGRAMS WERE HELD JOINTLY WITH THE WHARTON BUSINESS SCHOOL FOR A TOTAL OF 103 ATTENDEES OF THE GLOBAL CEO PROGRAM. 17 CUSTOM EXECUTIVE EDUCATION PROGRAMS WERE HELD FOR 12 DIFFERENT CLIENTS INCLUDING SEVEN FORTUNE 500 COMPANIES, A CONSORTIUM OF MEDIA COMPANIES, AND THE UNITED NATIONS. COMPANIES INCLUDED MANUFACTURERS IN THE AUTO INDUSTRY, INSURERS, A HOSPITALITY COMPANY AND OTHERS. TYPICAL PROGRAMS ARE FOR 30-50 SENIOR PERSONNEL.IN ADDITION TO STAND-ALONE U.S. PROGRAMS, IESE USA SUPPORTS BRINGING MODULES OF IESE'S BARCELONA AND MADRID-BASED PROGRAMS TO NEW YORK. OVER 300 EXECUTIVE MBA STUDENTS ATTENDED ONE OF FIVE 1-2 WEEK MODULES HELD AT THE NEW YORK CAMPUS. EIGHT 2-5 DAY MODULES FOR EXECUTIVE STUDENTS OF LATIN AMERICAN AND EUROPEAN BUSINESS SC

Expenses: $4.1M

INSTITUTIONAL DEVELOPMENT AND OUTREACH:IESE BUSINESS SCHOOL FACULTY CONTINUED DEVELOPING MATERIALS TO BE USED IN TEACHING MBA, EXECUTIVE, AND CUSTOM PROGRAMS, AS WELL AS ARTICLES AND CASES FOR PUBLICATION. IN THE REPORTING PERIOD, NEW YORK FACULTY WORKED ON THREE ARTICLES IN TOP PEER-REVIEWED JOURNALS: ONE ON THE TENSION BETWEEN INSTITUTIONAL LOGICS LEADING TO DISASTERS IN BOEING PLANES (SUBMITTED TO THE ACADEMY OF MANAGEMENT JOURNAL), A SECOND ON CROSS-INSTITUTIONAL GOVERNANCE IN UNSETTLED CONTEXTS (SUBMITTED TO THE ACADEMY OF MANAGEMENT REVIEW); AND A THIRD ON INSIDE-OUT AND OUTSIDE-IN PERSPECTIVES OF CORPORATE PURPOSE, PUBLISHED BY STRATEGY SCIENCE. BOOK CHAPTERS ON THE TOPICS OF PLURAL INSTITUTIONS IN A SUSTAINABLE SOCIETY AND ONE ON THE PURPOSE OF A CATHOLIC UNIVERSITY WERE COMPLETED. THE FUNDS PARTIALLY COVERED THE SALARY OF A FACULTY MEMBER.EIGHT FACULTY LEAD SEMINARS FOR ALUMNI AND GUESTS WERE HELD FOR 250 TOTAL ATTENDEES. RESEARCH WAS PRESENTED AND CONNECTIONS WERE RENEWED BET

Expenses: $111K