Whats wrong at INSEAD?
Nothing’s wrong at INSEAD. The sky’s the limit. We control our own destiny. We’re the only school that’s a stand-alone institution. We don’t have to answer to anybody. Most schools can’t establish a campus in Singapore in three years’ time. Look around — other schools are part of a university. We can’t hide anywhere. We can’t screw up. If we do, we only have ourselves to blame. That’s what keeps us going. There’s nothing we can’t do if I can rally the faculty. No dean of another school in a university system is going to stop me. I don’t have to compete with anyone. I can focus. The correlative advice to governments around the world is to “let your educational institutions loose.” We’re delivering world-class education at no cost to the general public. There’s no cost to set it up, the taxpayers don’t fund it. Q: Are you sure there’s no cost to the general public, perhaps indirectly through a small minority of graduates’ mismanagement of companies? A: We need talent at a certain level,
