{"id":120749,"date":"2024-05-15T15:45:00","date_gmt":"2024-05-15T13:45:00","guid":{"rendered":"https:\/\/www.bbs.unibo.it\/?p=120749"},"modified":"2024-05-15T15:51:26","modified_gmt":"2024-05-15T13:51:26","slug":"how-mba-programs-promote-entrepreneurial-thinking","status":"publish","type":"post","link":"https:\/\/www.bbs.unibo.it\/en\/how-mba-programs-promote-entrepreneurial-thinking\/","title":{"rendered":"How MBA programs promote entrepreneurial thinking"},"content":{"rendered":"<p>Interview with <strong>Marcello Russo<\/strong>, <strong>Ph.D.<\/strong>, <strong>Full Professor <\/strong>of<strong> Organizational Behavior and Human Resource Management <\/strong>at the <strong>University of Bologna<\/strong> (where he is also a member of the Research Committee). At <strong>BBS<\/strong>, Marcello is<strong> the Director of the Global MBA<\/strong> and Associate Director of the Corporate Ferrari Global Executive MBA.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>How can we define the concept of <strong>entrepreneurial thinking<\/strong>? How important is it for this attitude to be part of a manager&#8217;s background?<\/em><\/p>\n<p>Today, even in the <strong>international ranking<\/strong> evaluation of<strong> Global MBA <\/strong>programs an important role is given to the <strong>number of start-ups created during the MBA<\/strong>. This is a criterion that all Business Schools are working on.<\/p>\n<p>At <strong>Bologna Business School<\/strong> we have events dedicated to this &#8220;world,&#8221; such as <strong>Start-Up Day<\/strong>: full days dedicated to bringing students and the start-up world together to stimulate thinking and the <strong>desire to start a new business<\/strong>. A few weeks ago, for example, in Villa Guastavillani two <strong>BBS<\/strong> <strong>alumni<\/strong> <strong>presented<\/strong> <strong>their start-up E-ssence<\/strong>, the first electric boat-sharing service in Italy, about which now there is much hype.<\/p>\n<p>We have to distinguish between entrepreneurial figures and entrepreneurial mindset. We call <strong>entrepreneurship<\/strong> the concept of <strong>empowerment<\/strong>: <strong>self-awareness<\/strong> and <strong>control over one&#8217;s choices<\/strong>, decisions and actions.<\/p>\n<p>In the <strong>Global MBA BBS<\/strong>, we offer courses in <strong>Business Planning<\/strong>, where students are asked to come up with business ideas and business plans judged by executives and investors, which turn into an <strong>immediately<\/strong> <strong>active<\/strong> <strong>network <\/strong>ready to push a good business idea.<\/p>\n<p>Last but not least, in all tracks, students proactively participate in <strong>challenges<\/strong> and in the development of <strong>innovative projects<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>How does the <strong>Global MBA<\/strong> program actively <strong>promote<\/strong> and <strong>support<\/strong> students in developing an <strong>entrepreneurial mindset<\/strong>?<\/em><\/p>\n<p>With many initiatives that are often informal: we have courses dedicated to preparing business plans, but what matters most are the <strong>contacts<\/strong> <strong>with<\/strong> <strong>entrepreneurs<\/strong>, the <strong>advice<\/strong> that can come from talking to <strong>investors<\/strong> like <strong>Alec Ross<\/strong>, an investment fund owner and professor in our <strong>Global MBA<\/strong>.<\/p>\n<p>Then, let&#8217;s not forget the <strong>connection<\/strong> with the <strong>University of Bologna<\/strong> and its <strong>Almacube<\/strong> service, an <strong>innovative hub<\/strong> of <strong>UniBo<\/strong> and <strong>Confindustria Emilia Area Centro<\/strong>.<\/p>\n<p>But the most relevant part of this journey is done here, in the classrooms of <strong>Bologna Business School<\/strong>, where students <strong>meet<\/strong> and <strong>compare<\/strong> themselves in classes from the most diverse backgrounds and with <strong>international<\/strong> <strong>professors<\/strong>, <strong>entrepreneurs<\/strong> and <strong>executives<\/strong> from <strong>global companies<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>How to strike the <strong>balance<\/strong> between a <strong>strong<\/strong> <strong>knowledge<\/strong> of <strong>management<\/strong> <strong>disciplines<\/strong> and the <strong>agility<\/strong> of know-how focused on a wide range of issues, approached with an <strong>innovative<\/strong> <strong>outlook<\/strong>?<\/em><\/p>\n<p>This is <strong>one of the aspects that makes Bologna Business School&#8217;s Global MBA unique<\/strong>: it is a <strong>study<\/strong> <strong>path<\/strong> <strong>between<\/strong> an <strong>MBA<\/strong> and a <strong>vertical Master<\/strong>.<br \/>\nWe design a <strong>curriculum<\/strong> that students choose with <strong>Core Courses<\/strong>, <strong>Track-Specific Courses<\/strong> and <strong>Professional Development Clinics<\/strong>: seminars that are very focused on topics such as leadership, sustainability, and cross-cultural management.<\/p>\n<p>The tracks are obviously different, but they have <strong>comparable<\/strong> <strong>structures<\/strong>: all are created to give students the opportunity to analyze <strong>business<\/strong> <strong>models<\/strong> and learn the <strong>best strategies<\/strong>, the <strong>best practices<\/strong> to be successful in the business world.<\/p>\n<p>The<strong> common thread<\/strong> that links the four tracks &#8211; a separate discussion deserves <strong>Green Energy and Sustainable Businesses<\/strong>, which is basically a <strong>cross-cutting Global MBA <\/strong>&#8211; is the theme of <strong>luxury<\/strong> in <strong>Made in Italy<\/strong>.<\/p>\n<p><strong>BBS<\/strong> has a light structure, quick to pick up on <strong>trends<\/strong> and is always aware of market challenges: therefore, this is why it is able to offer an always fresh and well-informed point of view on the topics discussed in classes.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>Collaboration<\/strong> and <strong>networking<\/strong> are crucial for entrepreneurs. How does the <strong>Global MBA <\/strong>program facilitate <strong>connections<\/strong> with advisors, mentors, and executives to develop students&#8217; entrepreneurial skills?<\/em><\/p>\n<p>A <strong>start-up culture is in BBS<\/strong>&#8216;s <strong>DNA<\/strong>: it is what allows us to respond quickly to input from <strong>international <\/strong>students and <strong>faculty<\/strong>, as well as the market. Thanks to the presence of highly research-active global professors, we often have direct classroom testimony of the challenges being faced in the business world.<\/p>\n<p>An <strong>important<\/strong> and <strong>recent<\/strong> <strong>innovation<\/strong> at <strong>BBS<\/strong>, then, is the inclusion of an <strong>alter-ego<\/strong> in the classes: a manager, entrepreneur, or <strong>professional who comes directly from the business world goes to balance the teaching of the professor<\/strong> of academic background. This is not just lectures or testimonials, but a <strong>real teaching role<\/strong>. In this way, the two profiles meet in program management and <strong>students can see in the classroom the practical application of the concepts they study<\/strong>.<\/p>\n<p>Lastly, <strong>Bologna Business School<\/strong>&#8216;s Global MBA <strong>curricula<\/strong> are designed by a <strong>Program Advisory Committee<\/strong> (PAC) composed of executives from global companies. This leads BBS to develop year after year study <strong>tracks<\/strong> not only capable of providing the best <strong>managerial knowledge<\/strong>, but also <strong>able to respond to market requests <\/strong>and, therefore, <strong>designed for immediate entry into the business world<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interview with Marcello Russo, Ph.D., Full Professor of Organizational Behavior and Human Resource Management at the University of Bologna (where he is also a member of the Research Committee). At BBS, Marcello is the Director of the Global MBA and Associate Director of the Corporate Ferrari Global Executive MBA. &nbsp; &nbsp; How can we define [&hellip;]<\/p>\n","protected":false},"author":108,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"rubrica":[],"class_list":["post-120749","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How MBA programs promote entrepreneurial thinking | BBS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bbs.unibo.it\/en\/how-mba-programs-promote-entrepreneurial-thinking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How MBA programs promote entrepreneurial thinking | BBS\" \/>\n<meta property=\"og:description\" content=\"Interview with Marcello Russo, Ph.D., Full Professor of Organizational Behavior and Human Resource Management at the University of Bologna (where he is also a member of the Research Committee). 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