News@Nyenrode | November 2015
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Newsletter
December 2015
Dear Mr./Mrs.,
 
Friday November 20 was dominated by the Dies Natalis, the university’s 69th anniversary. It means we are now heading toward a new lustrum, which we will celebrate grandly in September 2016. This newsletter turns the spotlight on several aspects of the recent Dies Natalis, such as the lecture by alumna Manon Cox, taking the new carillon bells into commission, and the presentation of a new book from Nyenrode Fund (Stichting Nyenrode Fonds), about centuries of change and investment at Nyenrode. With this book Nyenrode Fund wishes to thank its donors and and hopes to inspire others to become donors as well. The alumni from American Friends of Nyenrode University (AFNU) also came up with a great fundraising initiative. They created a Delft Blue ceramic miniature version of the Castle as a gift to donors, in America but also elsewhere, to thank those who donate 1,500 dollars/euros or more.

The newsletter also considers a number of Nyenrode studies which have attracted extensive (media) attention. The National Salary Survey showed that women still earn less than men, and the influence of greed on the salaries people earn. Another Nyenrode study, presented at the 17th Family Business Day, shows that families are still not aware enough of the positive image attached to being a family company, and that too little advantage is taken of this in communication and marketing activities. Furthermore, the results of a survey by Nyenrode Sports Inc. offers an insight into how sporting association managers fulfil their duties in a changing society. The inaugural lecture by Ivo de Loo deserves separate mention here. On November 13 he accepted his position as Professor of Management Accounting and Control.

In conclusion, I would like to take the opportunity to highlight a remarkable initiative by three students of our full-time MSc in Management program. They are organizing a benefit dinner for the Linda Foundation on January 16, 2016, to collect money for Dutch families in financial need.

With best wishes,

Miša Džoljić
Rector Magnificus
Inaugural lecture Ivo de Loo
It is often assumed that management accounting and control systems are necessary within organizations in order to prevent employees from acting opportunistically and mainly in their own interests. With this assumption, many organizations, but also researchers, are taking a too limited view. Thus argues Professor Dr Ivo De Loo in his inaugural lecture with which he officially accepted his professorship at Nyenrode Business Universiteit on November 13, 2015. With his Professorship Management Accounting and Control, De Loo aims to bring about a more personal approach within management accounting and control and the research into this field.
>> Read more
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National Salary Survey
Women in the Netherlands still earn significantly less than their male colleagues. Women’s salaries are 7.2% lower on average, a slight improvement over 2013. Alongside gender, specific personal characteristics and greed are among other factors which influence the extent of a salary. This is apparent from the two-yearly National Salary Survey by Intermediair among some 100,000 respondents, carried out by Nyenrode Business Universiteit, led by Prof. Dr. Jaap van Muijen, Professor of Psychology at Nyenrode, and Dr. Eric Melse, researcher at Amsterdam University of Applied Sciences.
>> Read more (dutch)
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Positioning as a family business
The image of family businesses has improved significantly in recent years, whereas family businesses are often insufficiently aware of the distinctive competencies that they possess. Family businesses can realize considerable advantages by positioning themselves as a family business in their communication and marketing activities. This is one of the recommendations from the study carried out by Nyenrode Business Universiteit, Baker Tilly Berk, ING and NPM Capital in connection with the ‘17th Family Business Day’, that was held at Nyenrode Business Universiteit on November 2nd.

VIDEO FAMILY BUSINESS DAY
>> Read more (dutch)
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Nyenrode Commissarissencyclus Update
The annual Update for alumni of the Nyenrode Commissarissencyclus (Supervisory Board Cycle) was held on November 12, 2015, in the Coach House. This year’s Update saw record attendance, of around 100. The day was adjudged very positively by the attending alumni.
>> Read more (dutch)
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National Sports Committees Study
On October 15 this year, the first symposium for sports committee members took place at Nyenrode Business Universiteit. The symposium, which attracted great interest, presented the results of the National Sports Committees Study. Following these presentations, the effective functioning of sports committees, changing society and the opportunities open to sports committees were discussed.
>> Read more
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Guests at Court of Law
Some 20 alumni from the New Board Program and the Nyenrode Commissarissencyclus  (Supervisory Board Cycle) joined Nyenrode professors Steven Schuit, Bas Steins Bisschop, Daniëlle Melis and Jan Maarten Slagter on October 22, 2015, at the Court of Law in Amsterdam, at the invitation of the Public Prosecutor and Prof. Dr. Annemieke Roobeek. The alumni, who all work as directors or managers, enjoyed a dialog with the Public Prosecutor’s office on the recent high-profile housing corporation cases, particularly the Rochdale case.
>> Read more (dutch)
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Exponential organization
The seminar on ‘The exponential organization’ addressed new and innovative business models, and was staged on October 26 as part of the Modular Executive MBA in Public & Private. Over the course of the evening visitors gained an insight into future-proof organizations. The evening was opened by Albert Jan Stam who described the new ‘Business Innovation and Service Provision’ program which fitted seamlessly within the evening’s topic: how do you stay afloat as an organization in the constantly-changing world?
>> Read more (dutch)
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Young Captain Award 2015
The Young Captain Award 2015 has gone to Aukje Doornbos, Senior Advisor with Royal DSM. The Captain Award is accorded annually to a business leader who has already had a significant influence on his or her own company at an early stage of their career, and who shows vision at the economic and social levels. The winner is awarded participation in the New Board Program of Nyenrode Business Universiteit.

>> Read more (dutch)
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Supply Chain Award
The collaborative chain venture ‘Samen Anders Samen Beter’ was declared the winner of the Nyenrode Supply Chain Award on November 12 during the annual ‘Duurzaam Gebouwd’ (Sustainable Construction) Conference in Groningen. ‘Samen Anders Samen Beter’ is the name under which the housing association ‘Wonen Limburg’ and construction companies Jongen and Van Wijnen carry out Wonen Liburg’s newbuild and transformation assignment. With the Supply Chain Award, initiators Nyenrode Business Universiteit, ‘Platform Ketensamenwerking Zuid’ and ‘Duurzaam Gebouwd’ turn the spotlight on successful examples of chain partners, to inspire and motivate the entire building sector toward (even) more chain collaboration.
AVVM and Nyenrode
The ‘Academie voor Verenigingsmanagement’ (Academy for Association Management or AVVM) and Nyenrode Business Universiteit are entering into a structural collaboration. This means that the AVVM’s executive duties will be accommodated within Nyenrode Business Universiteit. Among other things the provision of information about in-company workshops and tailor-made programs, and registrations, will now be carried out from Nyenrode Business Universiteit.
>> Read more (dutch)
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Rugby
On Friday October 16, the Nyenrode Rugby Club (RCN) played a match against the rugby team of ‘De Harde Leerschool’. De Harde Leerschool is a program in which unemployed young men are trained so as to have an opportunity in the labor market. Prior to the match Rick van Dorp, captain of the team and Master of Science in Management student, conducted a guided tour of the Nyenrode estate. The match ended 5-5, and was followed by a barbecue. 



Documentary production company De Familie accompanied the group the whole day, and a documentary on De Harde Leerschool will soon be aired by broadcaster NTR.
>> Read more (dutch)
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Auditing Research
On October 20, the Dutch Foundation for Auditing Research (FAR), is launched in Amsterdam today. The new foundation focusses on enhancing the knowledge of what makes a good audit today and on improving audit practices sustainably. Olof Bik is one of FAR’s four academic board members. The eight largest accountancy firms in the Netherlands provide FAR with research funds and research data.
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Etiquette dinner
On November 2 students in the full-time MSc in Management program enjoyed an etiquette dinner in the Amstel Hotel in Amsterdam.
>> Read their report (dutch)
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Excellent accountancy students
On October 29, 2015, Marie-Pauline Lauret, last year’s chairman of the Accounting Profession Future working group, discussed value with a group of excellent accountancy students. The theme running through their careers: what value do I add as an accountant? What is the impact? Do I get satisfaction from what I do?
>> Read more (dutch)
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Best Paper Award
During the ABO (Accounting, Behavior and Organizations Section of the American Accounting Association) Research Conference in October, Barbara Majoor and her co-authors Marietta Peytcheva and Arnold Wright, received the Best Paper Award from the journal Behavioral Research In Accounting. The winning article was entitled: ‘The Impact of Principles-Based versus Rules-Based Accounting Standards on Auditors’ Motivations and Evidence Demands’.
Dies Natalis lecture Manon Cox
Dr. Manon Cox, President & CEO of the Protein Sciences Corporation and MBA alumna of Nyenrode, delivered the Dies lecture on November 20 during the 69th anniversary of Nyenrode Business Universiteit.
New bells
During the Dies Natalis on November 20, two new bells for the Nyenrode carillon were taken into commission by university carilloneur Jan Willem Achterkamp. The occasion for expanding the carillon was the 75th anniversary of the instrument. The large bell which tolls the hours was actually 100 years old in 2015. The new bells were donated by Jacqueline Staartjes, widow of alumnus Gerry Staartjes, and by a group of recent graduates from the Modular Executive MBA program. With the new bells, Achterkamp is able to play a far more richly nuanced repertoire with Nyenrode’s carillons.
>> Read more and watch the video (dutch)
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Publication on history and estate
On November 20 (Dies Natalis), Stichting Nyenrode Fonds (SNF), which performs fund-raising for scholarships and improvements to the estate, presented the publication: ‘Nyenrode: Education and Heritage. Dynamic through Leadership, Entrepreneurship and Stewardship’ (in Dutch). The publication highlights the centuries-old history of Nyenrode with reference to changes to and investment in the estate. The book also devotes a chapter to the carillon anniversary. The final chapter considers expenditure which needs to be incurred soon, among others in the castle.
Miniature Delft Blue Castle
On November 4th, 2015, alumnus Albert van Servellen presented, on behalf of the American Friends of Nyenrode University (AFNU), a Delft Blue ceramic miniature version of the Castle to the Chair of Nyenrode’s Foundation Board Jan Nooitgedagt. The miniature Castles are a gift to donors in the new AFNU fundraising campaign. AFNU is a North American based organization of alumni and friends of the university whose main goal is to generate donations for revolving scholarships for current and future Nyenrode students.
>> Read more
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TV Maarten van Rossem
In the television program ‘Van Rossem vertelt’ on RTV Utrecht, historian Maarten van Rossem chats with alumnus Hein Marchant from the second class of 1947, on the early years of Nyenrode.

video (dutch)
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Benefit dinner
Three full-time MSc students at Nyenrode Business Universiteit are organizing a benefit dinner for the Linda Foundation on January 16, 2016, to collect money for Dutch families in financial need. Participants in the event can book an individual place, or an entire table for a group, to enjoy a variety of performances and entertainment at Nyenrode’s estate.
>> Read more (dutch)
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