Newsletter of the WU Executive Academy – Vienna University of Economics and Business
NEWSLETTER DECEMBER  2017

Dear readers!

Interactive job portal meets career development tool - The new alumni platform, WU EA Connect, connects executive hires and top jobs; it is not only an international career network but also a tool for informal yet targeted recruiting. This makes it possible for alumni to advertise job openings that are available in their organizations and it gives prospective applicants the opportunity to get in touch with companies by connecting with alumni.

Click here to learn how WU EA Connect works and what it can do for your career.

Whether Trump, Brexit, or Macron, the debate is constantly revolving around whether globalization has gone too far or whether politics are moving towards one direction of the political spectrum. However, what everyone seems to agree on, whether they are advocates or opponents of globalization, is their assumption that they know exactly what globalization is all about. Yet, most suffer from misperceptions. An excellent opportunity for Prof. Phillip Nell, Academic Director of the Executive MBA Bucharest, and his team to take a close look at the 2 most persistent globalization myths.

Happy Holidays!
Your WU Executive Academy Team

Overview
Executive MBA reloaded - Back to the future
Career Story: CrossFit, fast cars and ambitious plans  
The discovery of the entrepreneurship gene - Insights from Prof. Nikolaus Franke
Best of networking: WU EA Connect connects executive talent and top jobs
Alumni Christmas Charity 2017 - On a secret education mission with a growth mindset
Event highlight with Roger Martin: “Pay your employees more”
Faculty Insight: The 2 largest globalization myths in the age of Trump and Brexit
The Digital CEO: New Year’s resolutions of a CEO: In 2018, I am going to make my business digitally fit
EU’s GDPR – major threat or unique opportunity for companies?
Forbes Start-up Challenge 2017: MBA alumnus among the finalists

Executive MBA reloaded  - Back to the future

Successful for more than 45 years, constantly updated and more innovative than ever before: Following a substantial relaunch, the WU Executive Academy's German-speaking Executive MBA program is striking out in new directions so that executives are ready to succeed. A special emphasis is set on developing leadership personalities as well as understanding leadership “outside of the comfort zone.” Additionally, top managers will be equipped with strategic management strategies concerning disruption and digital transformation.

Read more

 

MBA alumni close-up: CrossFit, fast cars and ambitious plans

These alumni have started a business, expanded their company or are going to go even more global: Their names are Harald Trautsch, founder of a CrossFit studio, Pavel Vranek, director of a car dealership and the couple Marietta and Werner Horn, owners of a product-protection enterprise. In our Career Story Christmas Special, the 4 MBA alumni share with us what they have been up to recently.

Read more

 

The discovery of the entrepreneurship gene - by Prof. Nikolaus Franke

Many people wonder whether entrepreneurs are born or made. Recent studies do suggest that some individuals are genetically predisposed to entrepreneurship. Prof. Nikolaus Franke, Academic Director of the Professional MBA Entrepreneurship & Innovation takes a closer look at these research results and explains what impact this has on entrepreneurship programs.

Read more

 

Best of networking: WU EA Connect connects executive talent and top jobs

Interactive job portal meets career development tool - The new alumni platform, WU EA Connect, connects executive hires and top jobs; it is not only an international career network but also a tool for informal yet targeted recruiting. This makes it possible for alumni to advertise job openings that are available in their organizations and it gives prospective applicants the opportunity to get in touch with companies by connecting with alumni.

Read more

 

Alumni Christmas Charity 2017 - On a secret education mission with a growth mindset

This year, the WU Executive Club chose the charitable organization Teach for Austria as the social project supported by its traditional Alumni Christmas Charity Party. At the event on December 6, 2017, EUR 2,930 was raised for this good cause. In light of this, we invited Astrid Kleinhanns-Rollé, Managing Director of the WU Executive Academy, and Walter Emberger, Founder of Teach for Austria, to a joint interview. Both individuals pursue the same mission, at different levels: They strive to help individuals unlock their potential.

Read more

 

Event highlight with Roger Martin: “Pay your employees more”

Prosperity and participation for all - this is by no means an unrealistic vision: Roger Martin, one of the most influential management thinkers of our time, came to the WU Executive Academy to share his views and opinions on prosperity, the growing pay gap between “creative jobs” and “routine jobs”, and the future of work. In this article, you will find out about existing alternatives to profit maximization, how other companies are already embracing this idea, and why it actually pays off to pay your employees more.

Read more

 

The 2 largest globalization myths in the age of Trump and Brexit

Whether Trump, Brexit, or Macron, the debate is constantly revolving around whether globalization has gone too far or whether politics are moving towards one direction of the political spectrum. However, what everyone seems to agree on, whether they are advocates or opponents of globalization, is their assumption that they know exactly what globalization is all about. Yet, most suffer from misperceptions. An excellent opportunity for Prof. Phillip Nell, Academic Director of the Executive MBA Bucharest, and his team to take a close look at the 2 most persistent globalization myths.

Read more

 

New Year’s resolutions of a CEO: In 2018, I am going to make my business digitally fit

This is one of the most exciting times ever: We are currently somewhere between the analogue and the digital ages. However, the digital age does not only open up new opportunities but also entails entirely new challenges for organizations and leaders. In this edition of our Digital CEO series, Sabine Hoffmann, founder of ambuzzador, explains why the successful digital transformation of a company is directly linked to the ability of creating customer experiences in real time.

Read more

 

EU’s GDPR – major threat or unique opportunity for companies?

The new European General Data Protection Regulation (GDPR) will come into force in only 23 weeks, which will fundamentally change the way companies can deal with personal data. Global Executive MBA alumna Mae Hansen and her colleagues at Match-Maker Ventures have globally examined how large organizations can comply with the GDPR by partnering with innovative tech start-ups. For this edition of our newsletter, they have come up with a checklist for all companies that are challenged by the GDPR.

Read more

 

Forbes Start-up Challenge 2017: MBA alumnus among the finalists

At the invitation of the German-speaking edition of Forbes Magazine, over 200 guests gathered for the finals of the 2017 Start-up Challenge in Vienna last week. For Christian Kittel, one of the 6 finalists and co-founder of the biotech start-up Vacthera, his efforts in recent weeks have paid off: From over 30 start-ups from Austria, Germany and Switzerland, the Professional MBA Entrepreneurship & Innovation alumnus was ranked 4th best entrepreneur in the renowned Forbes competition. Congratulations!

Read more (article in German)

 
Upcoming events:
WU Open House Dec. 15
WU matters. WU talks.The Crisis of Democratic Capitalism Dec. 19
Online Info-Session: Global Executive MBA Jan. 8
MBA Dancing Course Jan. 12
WU Ball Jan. 13
Info Session:
MBA & Master of Laws programs
Feb. 1
All events 

Please do not hesitate to contact us with your questions, suggestions or feedback.

Kind regards,

Prof. Dr. Barbara Stöttinger, Dean
Dr. Astrid Kleinhanns-Rollé, Managing Director
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