Topic: Strategies

Stelios Haji-Ioannou

Sir Stelios Haji-Ioannou who prefers to be called just by his first name is best known for creating easyJet PLC when he was 28.

Stelios is often credited as the pioneer who changed the European aviation scene for the benefit of millions of consumers. easyJet is Europe's leading low-fares airline, and in June 08 it is operating 157 aircraft on 392 routes between 101 airports in 26 countries. easyJet carried over 40 million passengers in the past 12 months.

The airline was partially floated on the London Stock Exchange in 2000 but Stelios remains the largest single shareholder and a member of its board of directors.
A serial entrepreneur, Stelios has established more than 17 ventures, the first of which was Stelmar Shipping at the age of 25 , a company which he floated on the NYSE in 2001 and he sold in 2005.

Stelios separately owns easyGroup IP licensing Ltd , the company that owns the “easy” brand and licenses it to the airline but also to other companies. An up-to-date list of the easyGroup licensees can be found on the portal site www.easy.com and include easyCar, easyHotel, easyBus. easyOffice, easyPizza and easyCruise.

In November 2006, at the age of 39, Stelios received a knighthood from Queen Elisabeth II for services to entrepreneurship. On the giving back side, Stelios is active in supporting education, encouraging entrepreneurship and promoting environmentally sustainable development strategies. First amongst various philanthropic projects he has started is the environmental charity www.cymepa.org in Cyprus in 1992.

On education he has pledged 200 scholarships over 10 years at his alma mater (the LSE and the City University). In 2007 he created the “disabled entrepreneur of the year award” in the UK in partnership with the disability charity “Leonard Cheshire”.

Tarun Khanna

Tarun Khanna is the Jorge Paulo Lemann Professor at the Harvard Business School. For almost three decades, he has studied entrepreneurship as a means to social and economic development in emerging markets. At HBS since 1993, after obtaining degrees from Princeton and Harvard, he has taught courses on strategy, international business and economic development to undergraduate and graduate students and senior executives.

A summary of his conceptual work on emerging markets appeared in his 2010 co-authored book, Winning in Emerging Markets.  Comparative work on entrepreneurship in China and India appeared in two books based on his personal experiences: Billions in 2008 and a sequel in 2018, Trust.  Recently, he co-edited two collections of essays, one a set of transcripts of original video interviews of iconic entrepreneurial leaders across emerging markets, Leadership to Last, the other most recently, Making Meritocracy, an inter-disciplinary exploration of the roots of meritocracy in China and India, with lessons for entrepreneurship and for much studied societal attributes like dynamism and inequality.

He was named the first director of Harvard’s university-wide Lakshmi Mittal and Family South Asia Institute in the fall of 2010. The institute rapidly grew to engage over 150 faculty from across Harvard in projects embracing the pure sciences, social sciences, and the humanities, and spanning the region from Afghanistan to Myanmar. A centerpiece of the Institute’s strategy is a deep local presence, anchored through offices in New Delhi and Lahore. During the past decade, he also oversaw HBS activities across South Asia, anchored in Mumbai.

He currently teaches a popular university-wide elective course, Contemporary Developing Countries, where students work in multi-disciplinary teams to devise practical solutions to complex social problems.  The course is part of Harvard’s undergraduate general education core curriculum, and is rare in that it also attracts graduate students from across the university, engaging ‘sophomores to surgeons.’ A free online version on the edX platform, Entrepreneurship in Emerging Economies, has been taken by about three quarters of a million students in over 200 countries.

In 2007, he was nominated Young Global Leader (under 40) by the World Economic Forum, in 2009, elected as a Fellow of the Academy of International Business, in 2016, recognized by the Academy of Management as Eminent Scholar for Lifetime Achievement in the field of International Management.  Between 2015 and 2019, he was appointed to several national commissions by the Government of India, including to chair the effort to frame policies for entrepreneurship in India.

Outside HBS, he serves on numerous for-profit and not-for-profit boards in the US and India. In the past decade, this included AES, a Washington DC headquartered global power company, and India-based Bharat Financial Inclusion Limited (BFIL), one of the world’s largest firms dedicated to financial inclusion for the poor.  Recently, he joined the board of inMobi, India’s first ‘unicorn,’ a global technology provider of enterprise platforms for marketers.  He is a co-founder of several entrepreneurial ventures in the developing world, spanning India, China, Southeast Asia and the Middle East. In 2015, he co-founded Axilor, a vibrant incubator in Bangalore. From 2015 to 2022, he was a Trustee of Boston’s Museum of Fine Arts.

He lives in Newton, MA, with his wife, daughter and son.