Lu Fucai Addressed the IFSAM Webinar on Management Research Evaluation

​On the evening of May 20th, the fifth Management Research Evaluation seminar hosted by the International Federation of Scholarly Association of Management   (IFSAM) was held online. The webinar was initiated by the world-renowned financial media enterprise, Financial Times, and co-hosted by Professor Xavier Castaer, president of the IFSAM, and David Zoogah, chairman of the Africa Academy of Management. Professor Lu Fucai, chairman of JUFE, was invited to give a keynote speech, which received wide attention and won high praise from the attendees.

Xavier Castaer first briefly introduced the development history, missions, and visions of the Federation. He pointed out that IFSAM is an academic organization, mainly dedicated to advancing the development of international academic activities and enhancing the understanding of management practices, as well as promoting global cooperation of management in research, education, and practice.

Lu Fucai expressed his heartfelt thanks to the host and other representatives for their wonderful speeches, and shared his opinions around the theme of the web conference. He indicated that we are faced with the greatest uncertainty, the most complex environment, and the most variable research objects, management research evaluation is a scientific problem worthy of in-depth discussions. Therefore, this webinar is of significant academic value. Lu Fucai proposed that management research can be evaluated through three major approaches: journal ranking, citation, and peer review, and analyzed the pros and cons. Since management is a highly practical subject, many of its theories are derived from practice, which will eventually guide other’s practices. If they could be accepted by industry colleagues, applied to practical means and achieve results, such research results are the most valuable.

Lu Fucai emphasized that in management research, the authenticity of data should be put in the first place and be the basis of all evaluation methods. Also, management research evaluation should be a diversified comprehensive system, rather than a single standard. Afterwards, the participants conducted in-depth discussions and exchanges on issues such as the impacts of evaluation of research results on talent introduction and teacher professional development, and how to construct a multi-dimensional comprehensive evaluation system.

The webinar was attended by representatives of all walks of society, including Dr. Tj Adegbesan, founder and CEO of Gidi Mobile, Professor Michael Barzelay, former head of the Department of Management at the London School of Economics and Political Science (LSE), Eric Cornuel, president of the European Foundation for Management Development (EFMD, the largest international organization in the field of management development), Professor Claudia Costin, former Minister of Brazil, Ella Reinders, representative of Taylor & Francis Group, Dr. Marie-Laure Salles, Director of the Graduate Institute of International and Development Studies (HEID), Tomoki Sekiguchi, president of EAMSA and vice president of AJBS, Dr. M'Bayang Thiam, former corporate VP of Philip Morris International, and Andrew Jack, representative of the Financial Times.