Newsletter of the WU Executive Academy – Vienna University of Economics and Business
NEWSLETTER NOVEMBER 2018

Dear reader!

There is no escaping digitization, but what exactly are the first steps? Helga Pattart-Drexler, Head of Executive Education at the WU Executive Academy, and WU professor Jan Mendling, an international expert in business process management, have looked more closely at what really matters in practice.

Here are their 5 tips for transitioning successfully into the digital age.

I'm sure you know it: the flow. In this state everything goes effortlessly, you are focused, joyful, full of energy and absorbed in your activity. "If it works, it works," the Austrian would say. Helga Pattart-Drexler analyses how we get into this state and which are the 9 biggest flow killers in leadership.

Happy reading!
Your WU Executive Academy Team

Overview
FT Executive MBA Ranking 2018: Global Executive MBA again among the Top 50
It's the ROI that matters: The real dividends of executive education  
Global Executive MBA: 20 Years Anniversary Alumni Mentoring Scholarships
Alumni reunions in Kiev and Sofia: reunited as friends
Playing the Career Triangle - for a career that makes you happy
Career Story: Ignaz Füsgen, Founder of KOHMAP Consulting Ltd, Director of Ascend Strategic Communications and Global Executive MBA alumnus
E&I Insights: The enemy of innovation lies in one’s own bed - by Prof. Nikolaus Franke
A Digitization Manual: 5 practical tips for transitioning successfully into the digital age
The 9 biggest flow killers in leadership
Energy Snapshot: Rice Professor Bill Arnold on global challenges and the war for talent in the oil and gas industry
Invitation to Panel Discussion: "Leaders of the 21st Century - Humanity in Leadership”
The biggest investor mistakes: Don't let your portfolio gather dust! - by Prof. Manfred Frühwirth

Career Moves @ WU Executive Academy:

 
Who has changed jobs? Who was promoted?

This time: Mae Hansen, Dietmar Eder-Dianitsch, Peter Wilfinger and others!

Browse through the career-gallery

Upcoming webinar:

 
Accelerating end of year sales

To the webinar
November 29 at 7:00 pm (CET)

FT Executive MBA Ranking 2018: Global Executive MBA again among the Top 50

In the most important MBA ranking of the year, the Financial Times Executive MBA ranking, the WU Executive Academy's Global Executive MBA is back among the world's top 50: Moving up 13 positions, the program has come in 45th place (#13 in the EU/#4 in Germany, Austria and Switzerland). Apart from its excellent overall performance, the Global EMBA has done exceptionally well in almost all categories of the ranking.

Read more

 

It's the ROI that matters: The real dividends of executive education

There have definitely been better times for making secure investments. Real-estate bubbles are bursting and the omnipresent threat of financial crisis is not exactly helpful as far as investment decisions are concerned. So, what can you do? The only secure investment with an excellent ROI is to invest in yourself. Develop your knowledge and skills. Still, how can you calculate the dividends it pays? Dr. Astrid Kleinhanns-Rollé, Managing Director of the WU Executive Academy, knows the answer to this question and also what other positive side-effects executive education has.

Read more

 

Global Executive MBA: 20 Years Anniversary Alumni Mentoring Scholarships

The upcoming 20th anniversary of our flagship program is not only a reason to celebrate, but also a special occasion to think about the future. As a sustainable investment in the program, we therefore invite Global Executive MBA alumni to nominate candidates from their network and invite them to apply for a special 20-year anniversary scholarship of 20%. All information on the nomination process can be found

here

 

Alumni reunions in Kiev and Sofia: reunited as friends

From October 12 to 14, 2018, two MBA reunions took place simultaneously. Global Executive MBA graduates organized a weekend for their colleagues in their home cities of Kiev and Sofia: with new insights, views and many exchanges among friends. In Sofia, the alumni came together to meet for the first time after graduation. In Kiev they met for the second time. To find out what the former fellow students experienced on that weekend, please click

here

 

Playing the Career Triangle - for a career that makes you happy

What do you associate with the term “career”? Money, status, leadership responsibility? Or is it more about doing something meaningful, making a difference and shaping society? Career is a multifaceted concept: Apart from “going higher, faster and further all the time”, it can also mean the following: Experiencing complete fulfillment and the good feeling of really being in one's element. How does this work? In the WU Executive Academy's Career Accelerator Program, MBA students learn to focus on the “magic triangle for a fulfilling career”.

Read more

 

Ignaz Füsgen, Founder of KOHMAP Consulting Ltd, Director of Ascend Strategic Communications and Global Executive MBA alumnus

As an archaeologist - his original career wish -, Ignaz Füsgen would probably have had a somewhat more relaxed career. After turning his back on his top job at Webber Wentzel, one of Africa's largest law firms, he opened up his own management consulting firm and became Senior Advisor for the newly established EU Chamber of Commerce and Industry in Southern Africa shortly after that. Read in this Career Story about the other things in life Ignaz has on his agenda.

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The enemy of innovation lies in one’s own bed - by Prof. Nikolaus Franke

Why is innovation so difficult? Because it's not so easy to have a brilliant idea? Because the path of development to a functional product is so difficult? Because the market launch must succeed in convincing the customers? All these are indeed enormous challenges. “Yet managers who have suffered a great deal know that the worst opponents of innovation are the forces of resistance within their own organization," says Prof. Nikolaus Franke, Academic Director of the Professional MBA Entrepreneurship & Innovation.

Read more

 

A Digitization Manual: 5 practical tips for transitioning successfully into the digital age

There is no escaping digitization, but what exactly are the first steps? Helga Pattart-Drexler, Head of Executive Education at the WU Executive Academy, and WU professor Jan Mendling, an international expert in business process management, have looked more closely at what really matters in practice.

Read more

 

The 9 biggest flow killers in leadership

I'm sure you know it: the flow. In this state everything goes effortlessly by the hand, you are focused, joyful, full of energy and self-forgotten absorbed in your activity. "If it works, it works," the Austrian would say. Helga Pattart-Drexler, Head of Executive Education at the WU Executive Academy, analyses how we get into this state and which are the 9 biggest flow killers in leadership.

Read more

 

Energy Snapshot: Rice Professor Bill Arnold on global challenges and the war for talent in the oil and gas industry

In part 3 of our Energy Snapshot series we meet Prof. Bill Arnold, Professor of Energy Management at the Jones Graduate School of Business at Rice University (USA). In the interview, the internationally renowned expert on government relations talks about the global challenges in the oil and gas industry, strategies to attract qualified employees and how Europe could become more independent from an energy policy perspective.

Read more

 

Invitation to Panel Discussion: "Leaders of the 21st Century - Humanity in Leadership”

Together with the WU-BGM-Project Wohlbefinden@WU and Potential Project, the WU Executive Academy invites you to a panel discussion and keynote speech on November 27, 2018, with Rasmus Hougaard, founder of Potential Project. Hougaard will also be presenting his new book "The Mind of the Leader" at the Global Peter Drucker Forum 2019 in Vienna. The event focuses on the dimension of humanity in leadership and the question of how principles such as mindfulness, selflessness and compassion help leaders master the challenges of the 21st century. We look forward to welcoming you there!

Read more

 

Don't let your portfolio gather dust! - by Prof. Manfred Frühwirth

In the 5th part of our GEWINN/WU Executive Academy series "The biggest investor mistakes" Prof. Manfred Frühwirth, Academic Director of the Professional MBA Finance, explains why many investors make the psychological mistake and stay with the investment they decided on years ago without checking whether the portfolio is still ideal in the current situation. The question is: Would you invest the same way if you didn't have any securities, but only cash?

Read more

 
Upcoming events:
Online Info-Session: Global Executive MBA Nov. 21
Alumni Ambassadors' Reception Nov. 22
MBA Alumni Lounge - Company under Cyber Attack Nov. 22
Access MBA Sofia Nov. 24
Access MBA Bucharest Nov. 27
Leaders of the 21st Century - Panel discussion Nov. 27
Global Peter Drucker Forum Nov. 29
Access MBA Belgrade Nov. 29
Access MBA Budapest Dec. 4
Are you LinkedIn or LinkedOUT? Dec. 4
Executive Job Search in 2018 Dec. 5
Access MBA Prague Dec. 6
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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