Mark Esposito

Mark Esposito

Mark Esposito teaching at Harvard University, August 2014
Alma mater International School of Management, Paris
Occupation Professor of Business and Economics
Website www.mark-esposito.com

Mark Esposito is a professor of Business and Economics, teaching at the Grenoble School of Management, Harvard University’s Division of Continuing Education, and IE Business School.

He has also been an appointed Senior Associate at the University of Cambridge, Institute for Sustainability Leadership since 2012. Mark writes, speaks and consults in the area of Corporate Sustainability, Complexity and Competitiveness worldwide, and has worked extensively on the topic of creation of prosperity and sustainable business practices within large and complex stakeholders constituencies.

In 2016, Mark was appointed as Research Fellow at the Circular Economy Research Initiative at the Judge Business School, University of Cambridge [1]

He is the author and co-author of 9 books, and he regularly contributes to The Economist, Harvard Business Review, and The Guardian, amongst others. The Financial Times named Esposito 'Professor of the Week’[2] for the FT lexicon in March 2012.

Esposito has been named one of the emerging thought leaders most likely to reinvent capitalism by Thinkers50,[3] the world’s premier ranking of management thinkers, and has been inducted into the "Radar" of the 30 most influential thinkers on the rise.

Background

Esposito grew up between Italy, the United States and Canada. He returned to Italy to gain both his BA and MA in Human and Social Studies from the University of Turin, before moving again to the United States for his MBA from Columbia Southern University. He completed his education with a Doctoral Degree in Business and Economics from the International School of Management in Paris, on a joint program with St. John’s University in New York City. He also refined his pedagogical skills in leadership and case method through post-doctorate education at Harvard Business School, complimenting them with work on Competitiveness and Strategy. In 2015, Esposito became candidate to the Executive Doctorate of Business Administration at the École des Ponts ParisTech and its business school, and he is expected to finish his second terminal degree towards the end of 2016.

Work

Esposito’s work at Harvard University encompasses his teaching of Systems Thinking, Business, Government and Society, Modern Dilemmas, and Economic and Strategic Competitiveness, all delivered at the Harvard Extension School and Harvard Summer School.[4] He also serves as Co-Leader of the Institutes Council on the Microeconomics of Competitiveness Program (MOC) developed by the Institute of Strategy and Competitiveness at Harvard Business School.

Esposito founded the think tank Lab-Center for Competitiveness,[5] which studies competitiveness as a bottom-up approach in the creation of equality in society, involving the creation of prosperity and sustainable business practices. This work led to the creation of the Political Economy and Sustainable Competitiveness Initiative. Both the Lab-Center and the Political Economy Initiative are hosted at the Grenoble School of Management and they are responsible for the production of over 30 case studies on clusters worldwide.

His consulting brought him close to advisory roles to the United Nations Global Compact, National Banks and the NATO, and in 2013 Esposito advised the President of the European Parliament, Martin Schulz, in the analysis of the EU systemic crisis.

He has also worked with the World Economic Forum as a cross-theme contributor to the reports on Fostering Innovation Driven Entrepreneurship in Europe[6] and Collaborative Innovation: Transforming Business, Driving Growth.[7]

Esposito has served as Research Fellow of the Center for Business and Sustainability at Ashridge Business School and is an appointed Research Fellow at the Institute of Competitiveness in India as well as an executive board member of the Indian Council on Competitiveness. In 2014 he was appointed Member of the Advisory Board for the Institute for Entrepreneurship and Competitiveness in Italy as well as Elected Member for 2014–17 of the Board of Directors for The Academy of Business in Society.

Mark holds fellowships with the Social Progress Imperative as well as the Global Federation of Competitiveness Councils in Washington DC [8]

Fast-expanding Markets

Fast-expanding markets (FEM) is a concept Esposito co-founded with his long-term collaborators Terence Tse and Khaled Soufani (of the Judge Business School at the University of Cambridge).[9] Esposito, Tse and Soufani coined the term to describe those markets not restricted to “traditionally defined boundaries, such as geographical, industrial or firm boundaries.” This relates to the idea that “It is sufficiently general to refer to any rapidly growing opportunity, with the market as a focal point, regardless of whether that market exists on a supranational, national, regional, industry, cluster or firm level.” FEM allows researchers to look at markets without “the restrictions and boundaries of geographies or industries, and enables us to consider markets from new perspectives and to find new ways of achieving economic growth.”[10]

The DRIVE Framework

Esposito developed the DRIVE Framework with Terence Tse to demonstrate how developments in global economies can be predicted and acted upon by understanding five large-scale processes:

Demographic and Social Changes, e.g. aging populations.
Resources Scarcity, e.g. access to and maintaining energy supplies.
Inequalities, i.e. increasing wage gaps.
Volatility, Scale and Complexity, such as changing business practices.
Enterprising Dynamics, or how new economies are innovative.

It is expected that, through the Framework, businesses and governments can learn to predict economic changes and have a greater impact from their decisions when dealing with them.

Publications

Books

Articles

World Economic Forum

Harvard Business Review


Harvard Business Review France

Huffington Post

Project Syndicate

References

  1. 'Mark Esposito', Cambridge Judge Business School, retrieved May 25, 2016
  2. 'Professor of the Week’', Financial Times, retrieved September 5, 2015
  3. Mark Esposito biography, Thinkers50, retrieved February 5, 2016
  4. Dr Mark Esposito The Huffington Post, retrieved September 5, 2015
  5. Lab-Center for Competitiveness Grenoble Ecole de Management, retrieved September 5, 2015
  6. Enhancing Europe's Competitiveness World Economic Forum, retrieved September 9, 2015
  7. Collaborative Innovation: Transforming Business, Driving Growth World Economic Forum, retrieved September 9, 2015
  8. Economic Strategist Mark Esposito Joins GFCC as Senior Fellow GFCC, retrieved May 25, 2016
  9. 'Khaled Soufani' Judge Business School, retrieved September 29, 2015
  10. 'Fast Expanding Markets' www.mark-esposito.com, retrieved September 5, 2015

External links

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