Paris, November 2017 - Groupe Renault and the ESCP Europe Business School announced the inauguration of a Chair for Intercultural Management.
The new Renault Chair for Intercultural Management at ESCP Europe Business School aims to advance knowledge in managerial practices that afford full consideration for cultural diversities, and to offer the academic world a research corpus on multicultural organisation and management.
In endowing the Chair, Groupe Renault contributes the experience of a French group that has attained global reach, with a workforce of 120,000 spanning 127 countries. Intercultural management is a key factor behind the success of Groupe Renault, member of the world’s leading automotive alliance alongside Nissan and Mitsubishi, two Japanese groups that also have strong national identities.
The Chair endowment convention, administered by the ESCP Europe Foundation, specifies three focuses for the new Chair:
- Expertise: Academic research and operational projects, and the ensuing publications
- Education and training: Development of capacities for adaptation to different cultures, both among students and across the teaching and administrative personnel of ESCP Europe, with Groupe Renault benefitting from research conducted through programmes that address members of its personnel involved in intercultural management situations.
- Community: Propagation of research findings and best practices in intercultural management through conferences and workshops run cooperatively with researchers at ESCP Europe and elsewhere.
In the words of Frank Bournois, dean of ESCP Europe,
“ESCP Europe’s mission is to teach management in complex environments. In today’s multipolar world, questions of cultural diversity and social responsibility have an increasingly direct impact on business. The purpose of a school like ESCP Europe is to prepare the coming generations of transnational leaders. On this important mission we’re delighted to have a partner like Groupe Renault along with us”.
The Chair will be managed by Marion Festing, ESCP Europe professor based in Berlin and head of the school’s Intercultural Management Excellence Centre, for whom “This Chair will benefit the six European campuses of the School”. She adds:
“the partnership materializes our wish to develop a sound understanding of managerial practices adapted to cultural diversities and to offer the academic world capabilities for research on multicultural management organization.” And she concludes: “This Chair fits perfectly with our multi-campus structure and our values.”
For Mouna Sepehri, member of the Groupe Renault Executive Committee and executive VP, CEO Office,
“While remaining true to its French origins and industrial, commercial and human values, Groupe Renault has become a global, multipolar and multicultural organization. One of the secrets of our success is the diversity of our workforce and the respect afforded to each individual’s culture and identity. We’re very enthusiastic about this new Chair, which will be making a valuable contribution to the promotion of diversity and intercultural management in business”.
Carlos Ghosn, Groupe Renault chairman and CEO, also sponsors the first year of ESCP Europe’s new MBA in International Management, and was there on the school’s Paris campus to give a conference and talk with students.