Asia School of Business Faculty Wins Prestigious IPA Path
to Scale Award As part of the team
that published a study titled Teaching
Personal Initiative Beats Traditional Training in Boosting Small Business in
West Africa, Professor of Management at
Asia Business School - Professor Michael Frese received the prestigious Path to
Scale Award for High Potential Innovations in SME Development. Professor Frese
and his team were presented their award on November 15, 2019 at the IPA SME
Programs 10th Working Group Meeting. Organized by
Innovations for Poverty Action
- a research and policy non-profit that discovers and promotes effective
solutions to global poverty problems, the Path to Scale Award recognizes
innovative ideas from around the world that are proven to be effective at
addressing key constraints faced by entrepreneurs and SMEs in developing
countries. Professor Freses
research, which was conducted in Togo, West Africa, found that training that
was focused on personal initiative skills that developed a proactive mindset
and drove entrepreneurial behavior was far more successful than traditional
business training aimed at increasing sales and profits. The research team
tracked outcomes of targeted groups over two years and showed that personal
initiative training increased profits by 30%, compared with just 11% for
traditional training. The USD10,000 prize money from the Path to
Scale award will be used to continue the study with the view of successfully
replicating the initiative in other parts of the world. This latest research is
just one of many widely recognized works of Professor Frese. He has authored
approximately 190 articles for various journals, written over 200 book chapters
and co-authored more than 30 books in the areas of Management, Organizational
Behavior and Entrepreneurship. His academic work has resulted in him being
among the most-cited management scholars in Asia-Pacific and Germany, an
globally, among the top organizational behavior and entrepreneurship
researchers. Find out more about
Professor Frese here.
Watch a Virtual Class
by Professor Frese on the subject of Understanding
the Psychology of Crisis. -
END - For
more information, please contact: Pek
Ee Siew Director
of Marketing , Asia School of Business E:
eesiew.pek@asb.edu.my About
Asia School of Business Asia School of
Business (ASB) was established in 2015 by Bank Negara Malaysia in collaboration
with MIT Sloan School of Management to be a premier global business school, a
knowledge and learning hub infused with regional expertise, insights and
perspectives of Asia and the emerging economies. ASB is committed to develop
transformative and principled leaders who will contribute towards advancing the
emerging world. Still
under construction, ASBs sprawling new, state-of-the-art campus in Kuala
Lumpur is set to be ready within the next year. To
learn more about ASB, please visit www.asb.edu.my
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