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Messages from our Dean

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

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Subject: PROSPER anniversary, Executive Education Portfolio and Knowledge Conferences

 

Dear members of the CATÓLICA-LISBON community,

One year ago, on June 4th, in the middle of the pandemic, we launched PROSPER - Center of Economics for Prosperity by publishing an initial economic study of the impacts of COVID on the economy, employment and inequality. Since then, PROSPER has been on a roll, engaging in relevant research projects (on economic shocks, minimum wages, poverty, and public policy evaluation), winning competitive research grants, publishing papers and reports, and producing outstanding theses with our Masters students. The team has grown from 1 to 8 researchers, producing rigorous and relevant economic analyses that contribute to our economic prosperity. For more information see here. Happy birthday to the PROSPER team! A great example of knowledge for impact at CATÓLICA-LISBON.

Also, one June 1st we presented our new executive education offering, including our Open Programs with a growing online offering, our Customized Programs for companies, and our new Online Academies for life-long learning. Click here to see the film we developed for the session that included great drone views of our building and a detailed explanation of our offerings with customer testimonials.

During June we are continuing our line-up of inspiring knowledge conferences and events:

- this Tuesday, June 8 at 17h we bring you the theme of Design Thinking: Inovar na Prática with our lecturer Tiago Luis and a panel of corporate speakers who use design thinking methods and tools to innovate in their companies. Join us to learn about new ways of innovating.

Wednesday, June 16 at 18h we present you with the finals of the 3rd edition of our Women Entrepreneurship Awards, celebrating the power of women entrepreneurs and recognizing an outstanding leader. The 3 finalists, chosen from more than 50 applicants, will pitch their venture to the jury. Click here to register. The award is organized by our Center for Technological Innovation & Entrepreneurship (CTIE). And, if you enjoy this theme of women leadership, be sure not to miss the video recording of our excellent May 27 knowledge conference on barriers and opportunities for Women-Led Entrepreneurship.

- on June 17 at 17h we bring you the theme of the impact of 5G for the Portuguese economy. Will 5G really change dramatically our lives or will it bring more incremental progress? Manuel Eanes, executive board member at NOS, will share his views in a session moderated by our Professor Fátima Barros, formerly President of ANACOM. Click here to register.

Join us for our regular knowledge conferences and events. #WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

With best regards to all,

Filipe Santos, Dean of CATÓLICA-LISBON. 

Dear members of the CATÓLICA-LISBON community,

It is my great pleasure to bring you a special announcement. We are launching the CATÓLICA-LISBON Online Academies – an innovative, flexible and customized model of executive education adapted to the digital age, enabling a relevant and personalized life-long learning.

Each Online Academy is comprised of a series of modular workshops on relevant and applied themes, each workshop blending synchronous and self-paced learning. Participants and companies can develop a customized line-up of workshops adapted to their needs in order to develop new skills and expertise on specific tools, as well as promote best practices and well-being.

We are launching four Online Academies on June 1st on the themes of: Digital MarketingPeople Core SkillsDigital Competencies & Innovation and Get Your Career in Gear. Each Academy will include up to 20 workshops newly developed for this purpose with the latest online learning methodologies. Other academies will follow on different themes. Participants and companies can acquire any number of workshops or enrol for a package of 10 workshops from one or several Online Academies, comprising 40 hours of active learning, which enables them to receive our new blockchain-based digital certificate.

We invite you to the demo session of the Online Academies on May 25th at noon. Register here. The official launch will be at a special executive education session that will take place on June 1st. If you want more information or have a taste for the Academies you can check our webpage.

During May we are continuing our line up of exciting knowledge conferences:

- this Tuesday, may 18 at 17h we bring you the theme of the Future of Sustainable Finance with Elena Philipova, Global Head ESG Proposition from Refinitiv and Miguel Namorado Rosa, Director of the Corporate Support Division of Caixa Geral de Depósitos. The session is moderated by our Professor of Sustainable Finance, Conceição Lucas. Register here.

- on May 19th at 17h: we bring you the theme of Business Automation for the Future of work: Portuguese Case Studies of NOS and VdA (in Portuguese), moderated by Prof. João Ribeiro da Costa. Register here.

on May 27th Thursday at 17h we bring you Exemplar Cases of Women-Led Entrepreneurship with three exceptional leaders, Chitra Stern (Martinhal Resorts and Edu Hub), Alexandra Machado (Girl Move Academy) and Joana Rafael (Sensei). Register here.

Join us for our innovative Online Academies and block your calendars for our regular knowledge conferences. #WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

This week we are very happy to see our students return to campus for presential classes after a 3-month confinement period. I want to thank all our faculty and staff for their dedication and resourcefulness, and our students for their resilience and collaboration. We are truly Standing United throughout this difficult period.

Last week, our award winning NECEP – CATÓLICA-LISBON Forecasting Lab, issued the quarterly estimates for the Portuguese Economy, which received ample media coverage. NECEP predicts a 5% GDP fall in the 1st trimester and 1% GDP growth throughout 2021. You can access the executive summary of the report here.

We are also continuing to implement our commitment to impact and sustainability. In addition to spearheading UCP’s membership of the United Nations Global Compact last month, we also joined this month the UN’s PRME – Principles for Responsible Management Education. This is a formalization of our strong historical commitment to Ethics in Business and Social Responsibility, now with a more active strategy of engaging key national and global players to contribute to a more sustainable world.

An example of that active engagement is our knowledge conference this Thursday, April 22nd at 16.30h, Earth’s Day, which marks the launch of our Water Management Pact for Portugal with key Portuguese companies, a partnership for impact that we are spearheading in alignment with the sustainable development goals of the UN. To attend this digital conference about the importance of Water as a business resource, please register here (in Portuguese).

In addition, we continue bringing you the most relevant knowledge and learning themes. The upcoming knowledge conferences (in Portuguese) are:

- Wednesday 28th April, 17h00: “Business Warfare: Strategy in the age of Disruption”. Please register here.

- Tuesday 4th May, 17h30: “A Arte de Liderar – Perspetivas e Desafios”. Please register here.

- Thursday, 6th May, 17h00: “Fintech e Data Science: A combinação irresistível”. Register here.

Join us for these knowledge conferences.

#WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Hope you are all well and safe. As we wait patiently for the start of the deconfinement, our School continues bringing you the best knowledge and valuable insights to understand a changing world. The upcoming knowledge conferences are:

- Today, 9th March at 17hThe Crypto Banking Revolution: From large asset managers to corporate treasuries like Tesla or Benfica, to endowments and family offices, institutional interest in digital assets has never been higher. Founded in 2017, Anchorage is the first federally chartered Digital Asset bank. We invited Diogo Mónica, Anchorage’s Co-founder & President and Fortune's 40 under 40 in Finance, to share his vision of how digital assets will change the face of financial services. With the moderation of our Executive Education Blockchain and Fintech Programs Directors, Professors Paulo Cardoso do Amaral and Diogo Lopes Pereira. To attend this digital conference, please register here .

- 18th March at 17h: Inter-personal communication in challenging times: Communicating in pandemic times has created difficult challenges for leaders and managers. From face to face towards mask to mask, from social distancing to zoom meetings, the interaction space has narrowed to an electronic rectangle. This knowledge conference brings together a stellar panel to discuss how to face these challenges, including Carla Rocha, Radio host and communication expert, Professor João Matos, director of our new program “Communication and Interpersonal Impact” and Teresa Oliveira, professor in Leadership development and executive coach. Please register here (in Portuguese).

- 25th March at 17h: From Portugal, with love: Tourism, Wine, Food and Luxury: After a pandemic year that stopped travel, closed restaurants and turned our daily life into home confinement, what can we expect from the sectors that propelled the Portuguese economy in the last few years? In this seminar we speak with experts including Patrícia Dias from Chefs Agency and Mónica-Seabra Mendes, Director of Católica’s Luxury Marketing Executive Program. Please register here (in Portuguese).

- 30th March at 17h: Launch of the Platform for International Business: The competitiveness of the Portuguese economy relies on the performance of export-driven businesses. CATÓLICA-LISBON is launching a knowledge initiative to support the internationalization of Portuguese companies. The CEOs of the three initial partners of this initiative – Delta, Sumol-Compal and Tecnimede, will join us to discuss the challenges facing Portuguese companies in a global context. Please register here (in Portuguese).

Join us for these knowledge conferences. #WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Hope you are all well and safe. Since my November briefing to our community, the last few weeks have been rich with positive news from our School.

Regarding rankings, in December CATÓLICA-LISBON rose to 31st best business school in Europe in the prestigious Financial Times (FT) Rankings. And, last week, we learned that The Lisbon MBA increased to top 82 in the world in the FT Global MBA rankings and top 24 in Europe, being #1 in the world in International Course Experience due to our partnership with MIT. The Lisbon MBA also entered in The Economist Ranking of the top 90 MBAs in the world. Finally, a strong Class started in January despite the pandemic context. Congratulations to The Lisbon MBA team!

Closing the year on a very high note, we announced in December the largest ever private donation to a higher education institution in Portugal with a 12 million euros pledge from Grupo and Family José de Mello for the construction of our new campus. Our future building will double our current capacity and will be named Edifício José Manuel de Mello, recognizing a great business leader. You can read here my article in Negócios discussing the role of philanthropy in Capitalism (in Portuguese).

On January 18th I was deeply honoured to initiate a new Dean’s mandate for 2021-2023. Our new Dean’s Office team aims to implement an ambitious plan for growth and development of our School after achieving, in 2020, the best year ever in Degree Programs. 2021 will continue to be a very tough year for our international executive education operations due to the pandemic, but we have been expanding our portfolio of online executive programs.

After more than 40 digital conferences organized in 2020 with more than 80,000 viewers, last week we started the 2021 conference cycle, bringing the best knowledge insights to our community. We started with the NECEP quarterly conference on the forecasts for the Portuguese Economy, followed by a great conference on Managing teams attended by more than 300 people. You can watch the session recordings here. The upcoming knowledge conferences are:

  • This Wednesday, February 17th at 17h we focus on how to implement a Purpose Driven Strategy with contributions of business leaders from Veolia, VdA and BGI (in Portuguese). Click here to register.
  • This Thursday, February 18th at 17h we host a public Masterclass of our Master in Finance (MIF) program on “Geopolitics and Finance” by Prof. Joaquim Cadete. Click here to register. Our new class of the MIF program for executives will open in April.
  • Next Thursday, February 25th at 17h we discuss the Challenges facing our National Health System in a post-pandemic context, bringing together health care management experts, including former Health Minister Adalberto Campos Fernandes. Click here to register.

Hope you can all attend our digital conferences to get knowledge and inspiration to address the challenges facing our society. #WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Hope you are all well and safe. The 2nd wave of the pandemic hit very hard throughout Europe but the recent news about the efficacy of vaccines bring us hope that the situation will improve during 2021. I wrote an article last week describing what we should expect in the coming months and arguing about the best mix of policies to face the situation. You can read it here (in Portuguese).

Our School continues doing well, particularly in degree programs and open enrolment executive courses. We have been busy welcoming and integrating the strongest classes of undergraduate and masters students ever admitted, while re-organizing our educational experience in blended formats. We have managed to ensure a significant level of valuable on-campus learning to all students.

In terms of research, we received the extraordinary news on November 6th that our Faculty won 50% of all the projects approved nationally in the biannual call for research projects from the National Science and Technology Foundation in the area of business & economics (we won four projects of the eight approved nationally, from a pool of more than 180 applications). This is a remarkable performance and an evidence of the research strength and capability of CATÓLICA-LISBON’s faculty.

We continue bringing you advanced knowledge about the key trends and innovations shaping our society. Our next knowledge seminar will take place on December 10th at 17h, on the topic of "Purpose-driven Consumption - shifting the dialogue between companies and consumers", hosted by our Centre for Responsible Business & Leadership and featuring as speakers senior executives from IKEA, Tesla and Sogrape. Please register here.

As previously announced, my Dean’s Speaker Series featuring Professor Miguel Poiares Maduro is taking place this Tuesday, November 24th at 17h, on the theme of Good Governance and Public Policies. Prof. Maduro is former Minister for Regional Development and a leading international thinker at the interface of Law, Economics and Institutions. He has recently joined UCP’s Law School with the VdA Chair in Digital Governance. Please click here to join the seminar or you can watch the recording here after Tuesday.

Finally, this Thursday November 26th from 13h to 15h we host the inspirational event One MANIFESTO by GirlMove Academy, demonstrating the power of women to transform Mozambique and the world. Please register here to experience this global movement for positive change.

#WeStandUNITED as a community, aligned by our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Hope you are all well and safe. Since my last message in September several significant events happened in our School. First, I am pleased to share that our Masters in Management was recognized again in the FT rankings as one of the very best in the world, now in position 44th. We are facing intense competition, in particular from Asian schools that are climbing the rankings list previously dominated by European schools. There is a global market for Masters programs and we will continue working hard to reinforce our positioning in both the Masters in Management and the Masters in Finance (in which we rank 26th in the world).    

Also, we continued to receive a record number of applications for our undergraduate programs and closed admissions two weeks ago with a minimum entrance grade of 176, the highest we ever had, having accepted a very strong Class of new students. And, this week, I welcomed an excellent Class of The Lisbon MBA, with 51 new students to the Executive MBA program.

Yesterday, our Católica-Lisbon Forecasting Lab (NECEP) published its quarterly analysis of the Portuguese Economy. The estimates, based on the latest data up to October 6th, is a decrease of 12.5% for the 3rd trimester GDP in comparison with the same quarter of 2019. Our NECEP economists maintain their central forecast issued in March of a decrease of GDP in 2020 of 10% due to the pandemic, with a likely interval between 9% and 12%. Recovery for next year is expected to be mild, with an expected growth of 2.5% to 3%This is more pessimistic than the recent official forecasts from the Government and the Bank of Portugal, but NECEP has an outstanding (and global award winning) track record of forecasting the Portuguese GDP. The complete NECEP report can be downloaded here and Professor João Assunção will share his data, analysis and forecasts in our next knowledge seminar on Tuesday, October 13th at 17h (in Portuguese), fulfilling our responsibility of providing relevant knowledge and insights to business leaders. Please register here.

The difficulties facing the Portuguese and European economy challenge each one of us and the organizations we lead to surpass ourselves in supporting our society. There is much media discussion about the role of the government and the State but, after this initial shock in 2020, the role of private companies, entrepreneurs, foundations, universities and social organizations will be critical for the 2021 recovery and beyond. This is also why the theme of Purpose is nowadays so central to corporate strategy, not only in Portugal but globally. We are thus launching at the end of October an innovative and fully online 4-week executive program on Purpose-Driven Business. And I am also hosting a knowledge seminar on Tuesday, October 20th at 17h devoted to this theme of Purpose, featuring António Casanova, CEO of Unilever, as well as Nuno Moreira da Cruz, head of our Center for Responsible Business & Leadership. Please register here.

My next Dean’s Speaker Series will be on Tuesday, October 27th at 17h featuring Professor Miguel Poiares Maduro, former Minister for Regional Development and one of the leading international thinkers at the interface of Law, Economics and Institutions. Miguel has recently joined Universidade Católica Portuguesa with the Vieira de Almeida Chair in Digital Governance and will be my guest with the theme of Democracy in Times of Pandemic. Please Register here.

A final word of appreciation for the tremendous dedication of our faculty and staff who are operating in very difficult situations since March but have been able to deliver the level of academic excellence and quality of service that form the essence of our School.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED as a community, aligned in our purpose of contributing to a prosperous economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

Hope you are all well and safe. After a pause for the Summer, I am re-starting the Dean’s briefing, now monthly, to share with our Community the news from our School, our activities, and the upcoming knowledge conferences and events.

Since I last wrote to you, at the end of July, we had several accomplishments. During August, we achieved a double safety certification – COVID SAFE and COVID OUT, to make sure we started the academic year with the safest possible environment for all our students, faculty and staff. We are the only Business School in Portugal to achieve these high standards. We also invested in installing advanced cameras and microphones in our classrooms to enable hybrid classes, while we re-designed our class schedule to provide the best possible combination of on-campus and online sessions.

We were then the first University in Portugal to start the academic year with on-campus classes on September 1st, following our long-time tradition of focusing on our educational mission and maintaining a stable schedule despite external uncertainty. We were proud and honoured to welcome 900 new students on campus, both undergraduate and masters students. All our admitted undergraduates students have application grades of 160 or higher (including more than 100 students with 180 or higher), and our Masters Class is the most international ever with more than 55% international students. We have also fully re-ignited our executive education programs, including several new offers, both on-campus and online.

We are now facing the daily challenge of ensuring a quality education and safe working environment in the context of a growing number of COVID-19 cases in the country. We are asking all our community members the utmost care and responsible behaviour, not only on-campus (which is happening), but also off-campus in our social life and friendships. Controlling the pandemic requires the efforts and care of each and every-one of us.

We are all expecting the arrival of a vaccine or a more effective anti-viral treatment that will help us overcome the pandemic. Our first knowledge conference of the academic year is exactly about understanding the potential for pharmaceutical innovation to help us address the pandemic. See below for details on this and other upcoming CATÓLICA-LISBON events. Please join us.

- This Wednesday, September 23th at 17h, we are hosting two top pharmaceutical experts, Professor Hélder Mota Filipe and Doctor Paula Martins, for a Knowledge@CatolicaLisbon Digital Conference on how pharmaceutical innovation can reconcile urgency and safety, including drugs and vaccines, to build the future of post-pandemic health and well-being. Click here to register.

- This Thursday, September 24th at 16h-20h, we are hosting the TEDx CATÓLICA-LISBON dedicated to the theme Break the Rules. Please join us for an inspirational digital event on the important role of innovators and rule breakers. Click here to attend the whole event or just watch some of the inspirational speeches.

- Next Tuesday, September 29th at 18h, we are hosting our dear Professor João Luis César das Neves for an Alumni Lecture on The new economic global balance in a post-COVID period. Click here to register.

As a final note, I hear many people asking if the pandemic will deviate Humanity from the path towards sustainability. I believe Sustainability remains very much at the core of our concerns and actions and I will speak about this issue this Tuesday, September 22nd at 18h, at the Euronext seminar - ESG: Novos Dilemas da Sustentabilidade. Click here for information and registration.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

Almost five months have passed since March 11, when the WHO declared that the spread of COVID-19 was a pandemic and the world entered a lockdown. Since then, Portugal went from lockdown and panic in the face of the Italian and Spanish situation, to the Portuguese miracle of winning over the first wave of the infections, to then facing the harsh reality that the post-confinement period needs careful management. Finally, this past week we have seen an improvement in numbers, with Portugal starting to converge to the European average of new cases. The pandemic situation in Portugal and Europe is relatively under control, unlike the rest of the world, where the disease rages on.

Governments took unprecedented measures in the face of a severe economic crisis. The manuals of macroeconomic management are being re-written as we enter uncharted territory with new central bank measures and government policiesThe European leaders agreed last week on a rescue package with the creation of a Recovery Fund worth about 5% of European GDP, on top of other measures already taken. I believe this was a pivotal moment for Europe. Please read my recent analysis in Negócios about the significance of what was agreed by the European leaders.

CATÓLICA-LISBON, under the moto #WeStandUNITED, transformed itself in the last months in the path of digitalization and impact through knowledge sharing. All classes were offered online during the confinement, we organized more than 30 digital knowledge events in the last four months reaching more than 70,000 people, launched a new Center of Economics for Prosperity, created a web-page with economic insights of our faculty related to the pandemic, and maintained this weekly briefing to engage our community. In June, we re-started executive classes on campus and ramped up our online educational offer as well.

In the meanwhile, we have experienced a strong rise in applications for our Masters programs and our International Undergraduate Programs and have admitted the strongest Classes ever. The applications for the national undergraduate programs opened this month until August 10th.

We are now busy continuing our digital transformation process and preparing to welcome back our degree students in the 1st week of September, with all the safety precautions. I will interrupt this briefing during August and will return in a month with fresh news of the start of the school year.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

As I write this message, the European leaders are gathered in Brussels trying to finalize an agreement that is fundamental to support the economic recovery of Europe. Much is at stake for Portugal, Europe and the World in the face of the severe consequences of the pandemic. Next week, in my last message before the Summer holidays, I will share some reflections about our collective future and also synthesize the trajectory and contributions of CATÓLICA-LISBON during the last four months of the pandemic.

This Tuesday, July 21, at 17.00h, we host the final digital conference of this season with the theme that has occupied us in the last few months – Health. We will focus on the future of the health care system in Portugal, addressing the key challenges that we are facing and the opportunities in a digital world to offer a more holistic and higher quality care that promotes the well-being of our citizens. The conference is organised by our executive education Professors Joana Santos Silva and Francisco Velez Roxo, who are experts in health care management, with guest Dr. Ricardo Batista Leite, parliament member and scientific coordinator for public health at Católica’s Institute for Health Sciences.  Please Register here.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

 

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Last week our NECEP – CATÓLICA-LISBON Forecasting Lab - published its quarterly report on the Portuguese Economy. The estimate for the GDP fall in the 2nd trimester is 13% compared to the 1st quarter and 15.5% compared to last year. NECEP maintained its central forecast, announced in March, of a 10% GDP fall in 2020. Normally, we share this report only with NECEP subscribers but during the pandemic we decided to share it with all our community given the importance for business leaders of having sound information in times of uncertainty. You can access our press release and full report here. This is an extraordinary high quality analysis and I recommend that you download it and read it.

Given the very difficult situation of the Portuguese and global economy, it is even more important that we stand united and collaborate across sectors and across institutions to collectively address the challenges we are facing. CATÓLICA-LISBON will continue to provide thought leadership and learning opportunities for action and impact. Our next digital conference will be this Tuesday, July 14, at 17.00h with Professor Rita Coelho de Vale and her consumer research team, sharing a new study of consumption patterns of the Portuguese in the post-confinement period. Please Register here.

On Thursday, July 16, from 15.00h to 16.30h, in partnership with the Portugal-US Chamber of Commerce, we bring you an outstanding webinar on Artificial Intelligence and Digitalization: Opportunities from a new Global Reality. The international panel of guests includes Professor Manuela Veloso and will be moderated by our Professor João Ribeiro da Costa. Please register here.

That same evening at 18.00h we will continue with our industry-themed digital conferences and focus on the wine sector: COVID-19: Impacto e futuro no setor dos vinhos, moderated by our executive education professors Nuno Fazenda and José Couto. Please register here.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

First, I would like to share some good news from CATÓLICA-LISBON. A team of marketing Master students won 3rd place in the world in the L’Oréal BRANDSTORM competition to promote a more sustainable, plastic-less future. After their selection as the team to represent Portugal among all Business Schools, Francesca Di Majo, Jonas Strunk and José Saraiva were in the podium of the Global Finals at the end of June, and also won the People’s Choice Award. Congratulations to the team and a special thank you to Prof. Kyryl Lakyshyk who mentored them and other CATÓLICA-LISBON teams in this global competition.

Also at the end of June, our Center for Responsible Business organized the Online Water Summit. This was a very engaging and profound event, bringing together key stakeholders of water in Portugal and the World to address critical issues of water scarcity and improvement of water usage. Please read this summary of the conclusions and next steps from the Summit. This Summit was an initial CATÓLICA-LISBON’s contribution to a stronger movement for Water preservation in Portugal, a movement in which Corporations are a key part of the solution.

Last week we organized two outstanding Knowledge@CATOLICA-LISBON conferences. In the first, Professor Jorge Buescu analysed the latest numbers from the pandemic and our Professor Miguel Gouveia provided us new insights about the impact of the COVID-19 crisis in the health of the Portuguese, measured as a “loss of quality adjusted life years”. I recommend that you watch the video of the conference to gain new insights on the pandemic. In the second conference, Professor João Matos gave us a very insightful and practical seminar on how to approach and manage a difficult negotiation to achieve the best possible outcome. More than 1000 people registered for this conference. Please see the video here to learn about new frameworks to negotiate and excel in tough situations.

Our next digital conference will be Tuesday, July 14, at 17h with Professor Rita Coelho de Vale sharing a new study of consumption patterns of the Portuguese in post-confinement period.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

The pandemic seems to be getting worse around the world and we will all need to balance the imposition of sanitary restrictions that slow the spread of the virus, with our individual responsibility in avoiding unnecessary risky situations, while maintaining a productive life and work that sustains our Economy. CATÓLICA-LISBON continues bringing you important knowledge and tools to understand this novel situation and help all of us deal with it in the best way possible.

Our Knowledge@Católica-Lisbon Conference, this Tuesday June 30th at 17h, (in Portuguese) will focus on the recent evolution of the epidemic in Portugal and its true health impacts. Our guest, Mathematics Professor Jorge Buescu from FCUL, will present is latest analysis of the epidemics evolution, while our Economics Professor Miguel Gouveia will present his analysis of the health impacts of the epidemic based on the loss of “quality adjusted life years” of the population, which is a good measure to advise effective public policies. Please register here for this very interesting digital conference.

Due to the pandemic, many people are facing difficult situations in which they may need to negotiate with an employer, a bank, a landlord, or a business partner, in a position of weakness.  Our knowledge conference this Thursday July 2nd at 17h, (in Portuguese) will feature our Negotiations Professor João Matos discussing “Negotiating from a Disadvantaged Position”. Please register here to learn about new frameworks to negotiate and excel in tough situations.

I am also pleased to share that last week we concluded the six employability webinars that our Careers & Talent team offered the wider community under the initiative “Objetivo: Emprego”. Over six weeks more than 5.000 people joined us live in Zoom or in YouTube, to learn from our career experts the best strategies to position in the job market and find suitable employment. Congratulations to the Careers & Talent team for launching this wonderful initiative.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

This week, and in coming months, our School continues to bring knowledge and learning to address strategic issues facing Portugal and our Planet.

Our knowledge conference, this Tuesday June 23rd at 15h, will focus on “The Future of Tourism”. One of the industries most affected by the pandemic is Tourism. Around the world, people are changing the way they feel and think about traveling. Airlines and Tourism companies thus face great uncertainty regarding not only sanitary restrictions but also consumer mind-set and needs. For this seminar, we invited international leaders who will share insights on this key economic sector. Please register here.

Beyond the pandemic, we are also focusing on critical issues for long-term well-being and sustainable development. Our Center for Responsible Business & Leadership is organizing a digital Water Summit on 25 & 26 June, from 15h - 18h, to provide attendees with an understanding of water scarcity and its intrinsic dependencies across businesses, involving the entire value chain of Sourcing, Production and Consumption. Keynote speakers include the CEO of UN Sanitation and Water for All, the Minister of Environment and Climate Action of Portugal, and the Manager of Sector Strategy at Water.org, as well as panel speakers from L’Oréal, Tintex, Pingo Doce, Veolia, Águas de Portugal, Toyota, Microsoft, Super Bock, LNEC, Esporão, Pestana Hotel Group, Bial, LIS-Water and Sugal. Please sign up for this event here.

If you missed last week’s Dean Speaker Series interview of alumnus Luís Amaral, please see here the video of our wonderful conversation.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

I am pleased to share that the Financial Times ranked CATÓLICA-LISBON’s Masters in Finance as the 26th best in the world! According to the rankings published this morning, our graduates have full employment (97% have a job 3 months after graduation) and receive a 47% increase in salaries in three years, with an international career progress that is the 16th best in the world. These results make us proud, particularly because they compare with hundreds of top programs globally and reflect the experience and performance of all our 2016 graduates in Finance, and not a selected sample.  A thank you to all our dedicated staff and professors, in particular our Dean for Degree Programs, Professor Guilherme Almeida Brito, and our Academic Director of the MSc in Finance, Professor José Faias, for their exemplary dedication. For this year, we have received excellent Masters applications, in quantity and quality, and we are looking forward to welcoming in September the most international class ever.

This week is an important one for Católica. Our staff returns to campus, working in shifts, to prepare for next School year, while executive education sessions continue to take place on campus, as  Knowledge, Learning and Impact have never been more important. We will also continue our digital conferences: this Tuesday June 16th at 17h I host an outstanding alumnus for the Dean’s  Speaker Series - Luís Amaral – international business leader, entrepreneur, investor and philanthropist, for a conversation (in Portuguese) on how business is changing due to COVID-19, digital transformation, consumer trends and impact projects. Please register here to join us online for this insightful session.

This is also an important week for Europe due to the Friday meeting of European Leaders to discuss the new European Recovery Fund. Please read here my analysis about the importance of the Commission’s proposals and how they may transform Europe.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Last Thursday we had a very successful launch of the Center of Economics for Prosperity with significant media coverage. Please check my summary article in Negócios and the Center’s webpage where you can also access the first report “Jobs at Risk due to COVID-19” as well as the page economycovid19  with the contributions of our professors to the economic recovery of Portugal. We will post more knowledge insights in the coming weeks.

I am pleased to share that our knowledge conferences, which started exactly two months ago, surpassed last week the mark of 50,000 viewers in zoom, youtube and facebook. If you missed any of the conferences, you can see them in our youtube channel.

Our next knowledge conference will be this Tuesday June 9th at 17h featuring Pedro Pina, one of our most successful alumnus, who is a top executive at Google. He will speak about Building a Global Career in a Digital WorldPlease register here.

Next week, on Tuesday June 16th at 17h, I host another outstanding alumnus for the Dean’s Speaker Series - Luís Amaral – international business leader, entrepreneur, investor and philanthropist, for a conversation (in Portuguese) on how business is changing due to COVID-19, the importance of impact projects, consumer trends and the economic recovery. 

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

2020 will be a year unlike any other. The impacts of the pandemic in the economy are appearing in all their ugliness. Since 1990 the share of extremely poor people in the world (living with less than $1.9 per day) fell from 2 billion to 630 million. Now, in 2020 and for the first time since 1998, the number of very poor people is increasing and this rise may cancel the gains of an entire decade. Furthermore, the World Food Program predicts that the number of people facing acute hunger will double by the end of the year. Portugal is also very exposed to an increase in poverty, as the impact of the pandemic will be disproportionally borne by the lower income population. The food banks are already feeling the strain and unemployment is rising fast, despite the support to more than 20% of the active population in different government lay-off schemes covering 1.1 million workers. These are sobering numbers and never before was so critical to have robust economic and business policies, based on evidence and aligned with human values and shared prosperity goals.

To fulfill this mandate, CATÓLICA-LISBON is launching the Center of Economics for Prosperity (PROSPER). Led by our Professor Joana Silva, who joined the school last year and brings 15 years of experience as a Senior Economist at the World Bank, the center will mobilize the best economic analysis capabilities of our professors and researchers to inform the design of robust economic policies. The first initiative of the center is an in-depth analysis of the jobs at risk in Portugal due to the pandemic. Thus, I am pleased to announce that our Digital Conference this Thursday June 4th at 17h (in Portuguese) will be dedicated to the launch of the Center, the presentation of this report, and a speech from the Minister of Trabalho, Solidariedade e Segurança Social Drª Ana Mendes Godinho. Please join us this Thursday for this very important event: Who bears the cost of COVID-19: Analysis of Jobs at risk in PortugalPlease register here.

In the Knowledge conference of this Tuesday June 2nd at 17.00h, as previously announced, we will discuss how consumer brands are adapting their value proposition and marketing strategies to the confinement situation and the new consumption trends. This knowledge conference (in Portuguese) will feature senior managers of major brands sharing their experience and innovations, moderated by our Program Director Rosário Pinto Correia with comments from Professor Rita Coelho do Vale. Please register here.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON. 

Dear members of the CATÓLICA-LISBON community,

As the pandemic started in mid-March, it was clear that it would lead to a severe economic crisis. Being the leading school of business and economics in Portugal, we knew we had a responsibility to act, bringing knowledge, learning and impact. So we mobilized our professors to develop rigorous research initiatives related to the economic effects of the pandemic. These included our award winning NECEP GDP Forecasts, the widely cited CESOP surveys of the population, the well attended Knowledge Conferences, new Policy proposals, and innovative economic analyses using micro-data. I am pleased to announce that to contribute to the economic revival of Portugal, we launched this week a web-page that shares our results and analyses – Economic Analysis in times of COVID-19. We will communicate this web-page publicly later in the week but wanted to give you a first preview. Hope you find it valuable and we will keep updating it with new insights and analysis.

Our Knowledge conferences will continue this Tuesday,  May 26th at 17.00h, featuring Manuel Rodrigues, Finance Professor in King’s College London, and former Secretary of State for Finance of Portugal, speaking on “Economic Recovery for Portugal and Europe”. Professor Rodrigues oversaw the Portuguese finances during the last crisis so he has a unique perspective on the possibilities and strategies available to the Portugal to re-ignite the economy. 

On Thursday, May 28th at 17.00h, our knowledge conference (in Portuguese) will feature our Professor of Strategy, Ilídio Barreto. He will share insights on what is managers’ biggest challenge when facing external shocks like the one that we are experiencing, why inertia to change may set in, and how managers can mitigate that challenge and innovate. 

Next week, on Tuesday June 2nd at 17.00h, we will discuss how consumer brands are adapting their value proposition to the confinement situation and the new consumption trends. This knowledge conference (in Portuguese) will feature senior managers of major brands sharing their experience and innovations, moderated by our Program Diretor Rosário Pinto Correia with comments from Professor Rita Coelho do Vale. 

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

 

Dear members of the CATÓLICA-LISBON community,

This week we enter the 2nd phase of the de-confinement process in Portugal and the focus is shifting to the economic recovery process. In this crisis, many people are losing their jobs and will need to re-invent their career. At CATÓLICA-LISBON, we have an extraordinary Career and Talents Office (CTO) with a record of 100% employability of our graduates. I am pleased to share with you that, as part of our We Stand UNITED initiative to support society, our CTO will start offering weekly webinars on employability topics to unemployed people looking for new jobs. 

I am also pleased to let you know that our NECEP – Católica-Lisbon Forecasting Lab - won this week the Focus Economics award of Best Analyst Forecast Award 2020 for achieving the world’s most accurate estimate for the 2019 Portuguese GDP. This is a great tribute to the NECEP team and the quality of economic analysis of our faculty, a very valuable asset for all of us in the months to come.

If you missed last week’s inaugural digital Dean’s Speaker Series, with Carlos Moedas you can listen to this enlightening conversation in our You Tube channel. It is well worth your time!

Our digital conferences will continue this Tuesday, May 19th at 17h, with one the most brilliant Portuguese Economists in the world, Prof. Sérgio Rebelo from the Kellogg School of Management. Sérgio, who is our graduate and former faculty member, will talk about “Perspectives for the Global Economy in times of COVID-19”. Please register here.

On Thursday, May 21th at 17.30h, we celebrate the 2nd edition of the Women Entrepreneurship Award, organized by our Center for Technological Innovation & Entrepreneurship. Join us to listen to the live pitches of our three finalists, all great examples of women entrepreneurial leaders.

Next week, May 26th at 17h, our digital conference will feature Prof. Manuel Rodrigues, Finance Professor from King’s College London, and former Secretary of State for Finance of Portugal, speaking on “Economic Recovery for Portugal and Europe”. 

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

 

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

The Financial Times Global Rankings for Executive Education were released today. I am pleased to announce that CATÓLICA-LISBON remains amongst the 50 best schools in the world and top 25 in Europe! This ranking is composed of two other rankings, assessing thousands of schools worldwide:

- in customized programs for companies, we improved 15 positions to rise to 39th best school in the world, our highest position ever and the clear leader in Portugal. This was an excellent result that even deserved a specific mention in the FT article about the rankings.

- in open enrolment programs, we are now the 72th best school in the world.

Overall, we have reasons to be proud of our School’s achievements and also areas to continue improving to strengthen our leading position in Executive education. The executive education team is working hard to better serve our corporate clients and participants, to innovate in content and pedagogy and to digitalize our offering. Please contact us to customize our offerings to your corporate training needs.

This week we will re-start our Dean’s Speaker Series, now in digital format. My first guest is Carlos Moedas. Join us for this conversation (in Portuguese) on Tuesday at 17h, about economic recovery, the path forward for Europe and how to achieve positive societal impact. Please register here.

Our digital conferences will continue this Thursday, May 14th at 17h with Prof. Ricardo Reis bringing us (in Portuguese) the results of the 2nd survey about the economic and social impacts of the pandemic. The survey was developed in the last five days by UCP’s Polling Center, so this will be the most updated snapshot of the Portuguese in times of COVID-19. Please register here.

Next Tuesday, May 19th at 17h, we will have the privilege of hearing one the most brilliant Portuguese Economists in the world, Prof. Sérgio Rebelo from the Kellog School of Management. Sérgio, who was our graduate and former faculty member, will discuss “Perspectives for the Global Economy in times of COVID-19”. Please register here.

In general, please block all Tuesdays from 17h-18h for our knowledge conferences and speakers.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

This Monday Portugal starts the de-confinement phase, alongside most European countries.

We are re-opening the Economies in the middle of the deepest economic crisis of our lifetimes with unclear consequences for developed and developing countries alike, as well as the global balance. We all have questions about what the future holds, and we will address them in our Knowledge Digital Conferences in the coming weeks, with expert views and fresh data.

Before COVID-19, the world was converging on the sustainable development goals (SDGs) agenda of the United Nations. Will we see the acceleration of that convergence post-COVID or will we experience a more nationalist, self-interested policy focusing on basic needs of the population and survival of companies? Our Centre for Responsible Business & Leadership has organized a dynamic digital conference on this topic for this Tuesday May 5th at 17h, led by Prof. Nuno Moreira da Cruz and myself: What sort of world do we want after Covid19? - The key role of the SDGs. Please register.

The confinement period challenged many of us to work and collaborate remotely, having to manage remote, distributed teams. How does working in distributed teams affect the motivation and well-being of employees? What are some of the best practices and opportunities in leading teams remotely? Our executive education teacher Hugo Lopes, an expert in participatory leadership, will share some global data and his insights this Wednesday, May 6th, at 17h (in Portuguese):

Subitamente remotos: Desafios e Oportunidades na gestão de equipas remotas. Please register.

Next week we will continue to focus on life after COVID-19. Our May 12th conference will feature a conversation with Carlos Moedas, board member of Gulbenkian Foundation and former European Commissioner of Research, Innovation and Science, about what may change in terms of economics, innovation and policy at the European level. On May 14th we will host Prof. Ricardo Reis discussing fresh results from the representative survey we are conducting this week about the life and economic situation of the Portuguese population.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON 

Dear members of the CATÓLICA-LISBON community,

Last week we gathered hundreds of our students, alumni, staff and faculty at our three digital conferences (always from 17h to 18h), with several thousands more watching the Facebook streamings or the recordings on our Youtube channel. It is great to see our community coming together at this time. Our School was also present in the media, sharing our knowledge and views. Just two examples:

- In my inaugural Dean’s column at Negócios newspaper “Esperar o Impensável, Preservar o Essencial” I argued that we should expect more unthinkable economic events that will require unconventional solutions. I also discussed at a Rádio Renascença interview the expected impacts of the crisis and the National and European policy options.

- One of the unthinkable economics events we faced last week was a negative oil price for futures. This was reported in the media as a bad thing. However, for a non-oil producer country as Portugal, and for Europe as a whole, a low oil price is a very good thing. My colleague Professor Miguel Gouveia explains in his Observador article why and by how much this will help us.

As we approach a post-confinement time, we will focus our next conferences on innovation to overcome the crisis. The first conference of the week (in English), Monday 27th April at 17h, will showcase examples of business model innovations for the digital age, featuring our award-winning Professor René Bohnsack, as well as Rita Romão, partner of AKA, showing us creative companies and solutions born out of the crisis. The conference on Tuesday 28th at 17h (in Portuguese) will take us on a journey, brought to us by consumer researchers at C-Lab, of how Portuguese people and their families are adjusting their survival and operational strategies in times of confinement and crisis. This is essential to understand post-crisis behaviors. Please register using the links and join us.

Next week we focus on envisioning the world after COVID. Our May 5th conference will focus on the topic of sustainable development and the creation of a new Economy. Our May 6th conference will be about how best to lead, manage and operate in virtual teams, a skill that we all need to build.

We have much to share at CATÓLICA-LISBON and #WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

Filipe Santos, Dean of CATÓLICA-LISBON

Dear members of the CATÓLICA-LISBON community,

Greetings and I hope you are all well and safe.

I want to focus my 2nd weekly message on our needed economic revival.

With a steep peak of infections avoided in Portugal and our health system coping well with the pandemic, the sentiment last week shifted to the economic impacts of the crisis and how to gradually lift confinement measures without risking a second surge in infections.

The confinement situation we have been living in since mid-March is already having profound economic and social implications. Professor Ricardo Reis shared last week the life of the Portuguese under quarantine in a digital conference that received 3500 views and more than 100 media mentions. The full results of the representative survey done by CESOP/UCP in collaboration with RTP and Público, can be accessed here.

We also heard last week sobering economic estimates from international organizations pointing to a reduction in GDP in 2020 of about 8% in Europe and Portugal, estimates that are coming very close to the 10% GDP drop estimated as the central scenario by our NECEP four weeks ago.

To discuss the most updated estimates for the economy, I am pleased to invite you to our next digital conference (in Portuguese) on Tuesday April 21st, at 17.00h featuring Professor João Borges de Assunção, coordinator of NECEP entitled: “2020: A Odisseia da Economia Portuguesa no Grande Confinamento”. To participate please use this link.

And what should we expect from a global economy affected by the plague? What is the historical precedent, implications, and revival strategies? Professor João Luis César das Neves contributed yesterday with a short and insightful piece for our weekly responsible business newsletter about the key trade-offs that we face in times of pandemics. I invite you to read it and also to subscribe to that newsletter to receive each Sunday an insightful nugget of knowledge to start your impactful week.

And in case you wish to hear the full Masterclass of Professor César das Neves, then you are invited to the digital conference (in Portuguese) on Wednesday, April 22nd at 17.00h entitled: A Economia em Tempos de Peste”. Please register at this link to reserve your place.

Finally, we also need to understand how the Portuguese are adapting to this crisis and how their life and consumption behaviors will change. The Observatory of Portuguese Society at CATÓLICA-LISBON conducted at the end of March a study with the purpose of assessing the impact of the crisis in indicators like Happiness, Well-Being, Consumption, and Economic Impacts, as well as future expectations. We thus invite you to the 3rd digital seminar of this week on Thursday April 23rd at 17.00h, in which Professor Rita Coelho do Vale will present the study results (in English): “The Impact of COVID-19 pandemic on the Portuguese Society”. Click here to attend

We have much to communicate and share at CATÓLICA-LISBON, as the world continues to change quickly and we all need insightful understanding to act in a purposeful way.  Stay tuned for our next knowledge updates and stay safe.

#WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

With best regards to all,

Filipe Santos, Dean of CATÓLICA-LISBON. 

To the CATÓLICA-LISBON Community,

Greetings and I hope you are all well and safe.

We are living in challenging times. In response to the COVID-19 Pandemic, our first priority was the well-being of our staff, faculty, and students. We have followed daily and supported all members of our community who were isolated or feeling some symptoms. Two of our staff and our faculty tested positive and have since recovered fully. We received no indication of a positive diagnosis among our students.

Our other immediate priority was to transition all our teaching and pedagogical support activities online to continue fulfilling our mission of knowledge, learning and impact. This was done successfully in mid-March in less than a week, with the remarkable dedication of our staff, extraordinary agility of our faculty and amazing adaptation and positive response from our students. Either through Zoom conferencing or TEAMS video and collaboration tools, all teaching and evaluations are being delivered remotely and the schedule of classes and exams is being kept.

To support better our graduating students and companies, our Careers and Talent Office is working remotely, with the usual availability for individual counseling to help you find the best employment position, adjusting the Learn in Action and Career Accelerator Lab modules to the new online reality, and developing new ways of bringing together our students and partner companies. Contact directly your Career Consultant or careers.clsbe@ucp.pt and pay attention to the weekly updates they are sending you.

In terms of next steps, given the instructions of the Portuguese government and the guidelines of our rectory, I can now confirm that our building will remain closed until the end of April and that we will continue offering all classes remotely until the end of this school year. The end-terms and final exams will follow previously defined schedules. The University is assessing the health situation to decide if the examination process will be done remotely or on-site, with the necessary health precautions. We will share more information on exams, as soon as possible. In any case, as previously stated, we will find appropriate solutions for those who have left Portugal and will be unable to return. Master thesis defences will be scheduled and will occur remotely, if needed.

All of the above describes how we are adapting to the new situation and continuing our mission of knowledge and learning. But does it make sense to continue operating “as usual” in a world that is facing the biggest pandemic in 100 years? The answer is both Yes and No.

There are crises, like natural catastrophes, when we need to stop all that we are doing to help others. This crisis is different. Some (such as the health professionals) are on the frontlines. The rest of us do our part in this pandemic by staying home and teleworking. So let us use this as an opportunity to deepen our knowledge and improve our learning while creating a virtual connection with others.  Ironically, now that we are isolated at home, we feel closer to each other and part of a global community. We Stand UNITED.

In terms of the pandemic, I want to share a word of confidence and reassurance.  It is true that we are currently experiencing an unprecedented health crisis, of a global reach probably not seen since the “Spanish Flu” of 1918-20. Luckily, our world today is not the world of 1918. We will beat this pandemic more quickly and with a much lower human cost. The world woke up slowly to the pandemic but now the full force of our global health, medical and scientific resources is focused on this challenge. We will overcome the health crisis.

However, we will soon face an unprecedented global economic crisis, which could be of a scale similar to the 1929 Great Depression. NECEP, the Forecasting Lab of CATÓLICA-LISBON, issued one of the first analyses of the economic impact of this crisis for Portugal. The report predicts a reduction of GDP in 2020 between 4% and 20%, depending on the duration of the health crisis and the efficacy of the measures to support the economy. The estimates for the global economy are also very negative.

Luckily, our world today is not the world of 1929. We can act boldly, implementing measures to support the economy, companies and workers, to avoid the more negative scenarios. And time matters. The support measures that governments will implement in the next weeks and the decisions of business leaders and citizens in response to the crisis may mean the difference between a short-lived recession and an economic calamity.

And this is why we need strong expertise in business and economics and why our knowledge, learning and impactful actions are critical. We need to rise to this economic challenge, individually and collectively, and CATÓLICA-LISBON is doing its part as the leading school of business and economics in Portugal.

Our work has been developed on several fronts:

- In addition to the excellent forecasting work of our NECEP, CATÓLICA-LISBON launched last week a task force of our Economics professors to analyze the economic situation and contribute to designing effective policies to support the Portuguese and European economies. Professor Joana Silva, formerly senior Economist at the World Bank, is coordinating these efforts.

- We launched last week a series of Digital Conferences to share the analysis and insights of our faculty and experts with students, executives, alumni, and the public. Our first conferences were devoted to “The Economy in times of Plague” and “Responsible Business Leadership: Challenges from a Global Crisis”.

- We co-sponsored and launched a survey through UCP’s Polling Centre called “COVID-19 and the Portuguese”. We surveyed a representative sample of 1700 Portuguese citizens in the first week of April to understand how they are living and adapting to this crisis. The highlights were released this weekend at RTP and in Público. We will further analyze the data and share the results with you on Tuesday, April 14th, at 5pm during our next digital conference (in Portuguese). Click here to register.

- Consumers are being profoundly affected by this crisis and are changing their shopping behaviors and personal attitudes. Working conditions have also changed dramatically. Our Observatory of the Portuguese Society, together with the Online Research Panel is a powerful research infrastructure to understand these changes. A study conducted last week, with 1000 participants, led by Professor Rita Vale, will offer us insights on the challenges our society faces. The research team is also developing a series of studies to help companies understand better the post-pandemic consumer. The first results will be released this week.

- We are implementing through our Center for Applied Studies (CEA) led by Professor Ricardo Reis, an initiative to assess the impact of the crisis in PMEs of specific sectors and help them overcome the challenges, with the expertise of our faculty and students.

- Our students are also showing great initiative. On April 4th, our student club “Tech@Catolica”, in partnership with our Center for Technological Innovation & Entrepreneurship and Thorly Education ran a Digital Hackaton on Explore COVID-19. 40 participants from numerous countries learned how to use Python and real data to predict the COVID-19 infection curve. The initiative had 80 people on the waitlist and is likely to run again soon.

There will be much to communicate and share, as the world is changing very quickly. At the beginning of each week, I will report to you the latest results of our work, the new insights, and upcoming conferences.

#WeStandUNITED. United as a community and united in support of a healthy economy capable of fulfilling the needs and aspirations of all citizens.

With best regards to all,

Filipe Santos, Dean of CATÓLICA-LISBON. 

ALTA DIGITAL