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CO R P O R AT E R EL AT I O N S A N N UA L R EP O RT
S T O C K H O L M S C H O O L
O F E C O N O M I C S
T H A N K Y O U for your generous contribution to our school. In a rapidly changing world, research and teach- ing in higher education are more important than ever. We are heavily dependent on your support to maintain and develop the Stockholm School of Economics as one of the most competitive and forward-thinking business schools in the world.
The Corporate Partnership Program and the Center for Retailing have received almost SEK 46,500,000 from the business community this year. To further develop our part- nership together, we are introducing a new offer to our Capital Partners. Our aim with this offer is to provide your
company with your own Student Ambassador, in order to support your company even more. This new collaboration will further support our ties with the business community, supplying greater benefits to your company.
We value our partnership with you and hope you will reach out to me if you have any ideas or comments about ways to engage more with the school. I look forward to our partnership this year!
Henrik Björck Head of Strategic Partnerships, Corporate Relations
EDUCATION IS MORE
IMPORTANT THAN EVER
CO R P O R AT E R E L AT I O NS – 2016 AT A G L A N C E
Corporate Relations generated a total of SEK 46,462,000 to SSE (including SEK 18,975,000 for the Center for Retailing).
Corporate Partners’ contributions were distributed to different research fields as follows:
SEK 3 487 205 accounting
SEK 5 200 161 marketing and strategy SEK 3 091 386 economics
SEK 3 559 473 finance
SEK 4 506 497 management and organization
SEK 2 212 437 business law, languages, and economic statistics
SEK 2 230 000 SSE’s library and pedagogical development (supporting fields)
SEK 46,462,000
At year-end, there were 112 companies participating in the Corporate Partnership Program.
• Of these, 18 were Capital Partners, 9 were Senior Partners, 79 were Partners (including 7 Retail Partners), and 10 were Retail Club Partners (some companies were represented as both Partners and Retail Club Partners).
• New Partners in 2016 were Dahl Sverige, FSN Capital, Hannells Holding, Lannebo Fonder, O. Kavli, Mitsubishi Corporation, Spencer Stuart, SPP and Tempest Security.
112 COMPANIES
• The Corporate Partners Research Award was presented to Kalle Kraus, Professor at the Department of Accounting.
• The SSE MBA Corporate Partners Scholarship was awarded to David Moreno, Head of Ericsson Management Consulting.
AWARDS
CO R P O R AT E R E L AT I O NS
A CLOSER LOOK AT THE NUMBERS
C A P I TA L R A I S E D 2 0 1 6
Corporate Relations generated a total of SEK 46,462,000 (including SEK 18,975,000 for the Center for Retailing*) to SSE to support the school’s research activities and education.
C O R P O R AT E PA R T N E R S H I P P R O G R A M
The Corporate Partnership Program, founded in 1994, is an exclusive network of leading companies committed to promoting the development of research at SSE through annual donations. The Corporate Partners are a signifi- cant source of financial support for the school and thus are critically important to its future development.
T H E C O R P O R A T E PA R T N E R S H I P P R O G R A M H A S T H E F O L L O W I N G F O U R L E V E L S ( S E K )
Capital Partner 700 000
Senior Partner 400 000
Partner/Retail Partner 150 000 Retail Club Partner 1 000 000
D I S T R I B U T I O N O F F I N A N C I A L C O N T R I B U T I O N S F R O M T H E C O R P O R AT E PA R T N E R S H I P P R O G R A M The Corporate Partnership Program generated a total of SEK 46,462,000 in 2016. Of the funds raised, SEK 24,287,000 was allocated to strengthening the school’s research, and SEK 18,975,000 was allocated to the development of education and research at the SSE Center for Retailing.
S E K (THOUSANDS) 2 016 2 015
Contributions
Corporate Partnership Program 27 487 25 705 Center for Retailing 18 975 3 325
Total Revenues 46 462 29 030
Operating Expenses –3 200 –3 275 Total Distribution of Revenues 43 262 25 755
In 2016, we had the pleasure of welcoming the following new Partners to the Corporate Partnership Program: Dahl Sverige, FSN Capital, Hannells Holding, Lannebo Fonder, O. Kavli, Mitsubishi Corporation, Spencer Stuart, SPP and Tempest Security.
The Stockholm School of Economics (SSE) is an independent business school that mainly relies on private funding. SSE has demonstrated more than one hundred
years of academic excellence, largely due to the dedicated involvement of the business community. Building on this long-standing tradition,
Corporate Relations works to secure and strengthen SSE’s position in an increasingly competitive market for higher education.
* This year all contributions from the Center for Retailing’s Retail Club Part- ners and Retail Partners are included.
Since 2014, SSE’s Retail Club Partners and Retail Partners have been part of the Corporate Partnership Program and have provided support for the Center for Retailing.
At the year’s end, there were 112 companies in the Corporate Partnership Program, including 18 Capital Partners, 9 Senior Partners, 79 Partners (including 7 Retail Partners), and 10 Retail Club Partners (some companies were represented as both Partners and Retail Club Partners).
C O R P O R AT E PA R T N E R S H I P P R O G R A M ’ S I M PA C T O N R E S E A R C H A N D E D U C AT I O N The contributions received through the Corporate Part- nership Program have a decisive impact on the quality of research and education at SSE. In 2016, as much as 47%
of the direct research costs were funded by the Corporate Partners. These funds are key to one of SSE’s most impor- tant competitive advantages, the high level of the school’s faculty.
Financial contributions from the Corporate Partnership Program have been distributed to the following fields of research (SEK)
Department of Management &
Organization 4 506 497
Department of Marketing and Strategy 5 200 161 Department of Accounting 3 487 205 Department of Finance 3 559 473 Department of Economics 3 091 386 Business Law, Languages & Economic
Statistics (Support for Core Research
Areas) 2 212 437
Financial contributions have also been distributed to the following functions and core research areas that play a supportive role (SEK)
SSE Library 1 500 000
Pedagogical Development 730 000 S S E ’ S R E V E N U E D I S T R I B U T I O N 2 0 1 6
Other grants, research, and education 29%
Donations 11%
SSE Association 33%
Swedish Government 17%
Corporate Partnership Program 6%
Other income 4%
S S E ’ S R E S E A R C H F U N D I N G 2 0 1 6
Corporate Partnership Program 47%
Endowed professorships 22%
Other contributions to research 26%
Other funding 5%
D I S T R I B U T I O N O F R E V E N U E S O F T H E C O R P O R AT E PA R T N E R S H I P P R O G R A M B Y R E S E A R C H A R E A
Department of Management and Organization 20%
Department of Marketing and Strategy 24%
Department of Accounting 16%
Department of Finance 16%
Department of Economics 14%
Support for Core Research Areas 10%
AWA R DS
CORPORATE PARTNERS’
RESEARCH AWARD
Professor Kalle Kraus was awarded the Corporate Partners’ Research Award for 2016 at SSE. The prize constitutes an award of SEK 100,000 from SSE’s Corporate
Partners and is presented during the Corporate Partners’ Annual Meeting.
The prizewinner, Kalle Kraus, Professor at the Department of Accounting, is distinguished by his research on management control in inter-or- ganizational relationships. Kraus early showed the importance of the interplay between intra and inter-organizational control and its impact on the work practices within the involved organizations. Later on, he extended his research to understand how the increased financial pressure
on organizations and companies affects man- agement control and work practices.
The Corporate Partners’ Research Award was established in 2003 to further enhance research at SSE. The award is given to a promising researcher who is successful in his or her area of research and who contrib- utes to the development of knowledge within his or her discipline.
SSE MBA CORPORATE PARTNERS’ SCHOLARSHIP
The program offers participants the know- ledge and tools they need to be more complete business leaders, and it prepares high-potential managers to take broader responsibility in their organizations. The scholarship covers the full program fee of SEK 465,000. The candidates should ideally be high-potential managers with an entrepreneurial spirit and a proven record of successful leadership.
The SSE MBA Corporate Partners’ Scholarship 2017 was awarded to David Moreno, Head of Ericsson Man- agement Consulting, with the following motivation:
“David Moreno is an experienced manager, working in a strategic role and senior level
position. He is very ambitious, yet modest, and has already accomplished major achievements and has an impressive international career.
The new perspectives, insights and knowl- edge he will gain from the SSE MBA have the potential to successfully take him on to even more senior roles in the future and have a strong business impact. With his international background, experience and drive, David will also contribute greatly to the SSE MBA program and cohort, and be a great ambas- sador for SSE and Ericsson.”
For the fourth year in a row, SSE had the honor of presenting the SSE MBA Corporate Partners’ Scholarship, where the school invites the Corporate Partners to nominate their top talents to receive a scholarship for the
SSE MBA Executive Format degree program at SSE Executive Education.
As is traditional in November, the Corporate Partners’
Chairmen and Chief Executive Officers gathered for the 2016 Corporate Partners’ Annual Meeting. The guests heard Lars Strannegård, President at SSE, speak about SSE and the value of the Corporate Partners. He also shared his view on the current business school landscape and SSE’s strategies for positioning, internationalization and funding. His speech was followed by Udo Zander, Professor at the Department of Marketing and Strategy, and Anna Dreber Almenberg, Professor at the Department of Economics, talking about global economy interaction and scientific results, and whether we can trust them. Erik Wetter and Berfin Mert, respectively Executive Director
and Manager of the SSE Business Lab, shared their thoughts on Stockholm's start-up scene, introducing three representatives from the Business Lab; Alexander Hjert- ström from Airinum, Viktor Broberg from Buildsafe and Simon Boqvist from Previro. After the program, the guests gathered in the Atrium for dinner and entertainment with performances from some of SSE’s talented students.
The Corporate Partners’ Annual Meeting has a long tradition and is one of the biggest events for the business community in the Nordic countries. “The meeting is part of the school’s close and continuous dialogue with the busi- ness community. There is a mutual exchange with the aim of driving change in society,” said Lars Strannegård.
CORPORATE PARTNERS’
ANNUAL MEETING
E V E N TS
C O R P O R AT E R E L AT I O N S A D V I S O R Y B O A R D The Advisory Board has the objective of supporting the activities of Corporate Relations, and it advises the school in its contacts with Swedish and international corpora- tions. The Advisory Board meets twice a year together with the President of SSE and representatives from Corpo- rate Relations.
MARIE EHRLING (CHAIRMAN) Chairman of the Board, Telia Company
CAROLINE BERG
Chairman of the Board, Axel Johnson AB
MARIANA BURENSTAM LINDER
Chief Executive Officer, Burenstam & Partners AB
JACOB DE GEER
Founder & Chief Executive Officer, iZettle AB
JOHAN FORSSELL
President & Chief Executive Officer, Investor AB
ANDERS NYRÉN Director
MARCUS WALLENBERG Chairman of the Board, SEB
C O R P O R AT E R E L AT I O N S
Corporate Relations generates financial resources for SSE with the purpose of developing the school’s research and education and securing its position as one of Europe’s foremost business schools.
The generous contributions from companies constitute a great share of SSE’s total annual funding and are a vital asset for the school.
KATARINA HÄGG, DIRECTOR EXTERNAL RELATIONS katarina.hagg@hhs.se
HENRIK BJÖRCK, HEAD OF STRATEGIC PARTNERSHIPS henrik.bjorck@hhs.se
SANDRA FÄGERSKIÖLD, PROJECT MANAGER sandra.fagerskiold@hhs.se
MIKAEL KARLSSON, PROJECT MANAGER mikael.karlsson@hhs.se
CAPITAL PARTNERS
PRODUCED BY CORPORATE RELATIONS AT THE STOCKHOLM SCHOOL OF ECONOMICS.
EDITOR: SANDRA FÄGERSKIÖLD. TEXT: SANDRA FÄGERSKIÖLD. DESIGN: PÅ MEDIA AB. PHOTOS: JULIANA WIKLUND & KRISTA LÖFSTAD.
SENIOR PARTNERS
PARTNERS
RETAIL CLUB PARTNERS
Stockholm School of Economics ∙ Sveavägen 65 Box 6501 ∙ SE-11383 Stockholm ∙ Sweden Telephone +46 (0)8-736 90 00 ∙ info@hhs.se
www.hhs.se
