Michael Hay is Professor of Management Practice in Strategic and International Management and Entrepreneurship at London Business School. He was Deputy Dean and Secretary of the School for five years until December 2006 and Acting Dean of CIDA City Campus in Johannesburg in 2007. CIDA is an innovative institution which provides virtually free undergraduate business education to historically disadvantaged individuals.
Michael joined the London Business School Faculty in 1987 and has held a variety of positions including: Director of the Foundation of Entrepreneurial Management; Associate Dean of the Sloan Masters Programme; and Dean of Executive Education. He previously spent ten years in academic publishing, principally with Blackwell, where he was Deputy Managing Director of Blackwell Publishers, a founder and Chairman of Blackwell-Polity and Chairman/Chief Executive of Marston Book Services; and Director of The Business Place in South Africa.
Michael is co-founder of the Global Entrepreneurship Monitor which, starting with ten countries in 1999, now examines the nature and impact of entrepreneurial activity in more than 50 countries around the world. His books include: The Strategy Handbook, with Peter Williamson; Investing for the Future: New Firm Funding in Germany, Japan, the UK and USA with Steven Abbott; and The Venture Capital Handbook with Bill Bygrave and Jos Peeters. He has worked as consultant for the United Nations on welfare in Eastern Europe and co-authored with Professor Sir Alan Peacock, Social Policies in the Transition to a Market Economy.
Michael has been a Davos Forum Fellow of the World Economic Forum, for which he designed and directed the first Tech Pioneers conference in 2000. He has undertaken assignments for many international companies including British Airways, 3M, United Business Media and Roche, both in Europe and the US. Currently he is a Director of Imparta Ltd, Director of Capricorn Venture Partners in Leuven, Chairman of CIDA Foundation UK and a member of the Advisory Board of the African Association of Business Schools.
Michael’s interests are focussed on social entrepreneurship and business education. A recent article, Business Schools: A New Sense of Purpose, addresses the question of what business schools are for. He is an advisor to the Iranian Business School project and recently established The Business Bridge Initiative. This project is developing a model for delivering high quality business education at low cost on a mass scale using a combination of self-paced online learning, augmented by face-to-face teaching, and distributed through a global network of physical hubs. See www.thebusinessbridge.org.