The international dual-degree program offered by EGADE Business School and the W. P. Carey School of Business ranks 15th globally among the world's top joint Executive MBA programs.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

The EGADE - W. P. Carey Executive MBA has once again secured the #1 position in Latin America for the second consecutive year and moved up to 15th place globally in the QS Executive MBA Rankings 2025: Joint Programmes, which highlights the world’s leading joint Executive MBA programs.

Released on April 30, the latest edition of the ranking by Quacquarelli Symonds (QS) evaluated 27 joint programs offered through partnerships between multiple business schools, reinforcing the prestige of the program delivered by EGADE Business School at Tecnológico de Monterrey and the W. P. Carey School of Business at Arizona State University.

Spanning 15 months, the EGADE-W. P. Carey Executive MBA is designed to develop the next generation of top executives, focusing on corporate innovation, business analytics, and a global perspective.

The QS ranking methodology focuses on five key indicators: Employer Reputation, Thought Leadership, Career Outcomes, Executive Profile, and Diversity. This year, the program's strongest performances were in Executive Profile (#7 globally), Thought Leadership (#13 globally), and Employer Reputation (#16 globally).

To qualify for the ranking, joint programs must have graduated at least one cohort and hold recognized international accreditations.

Since its launch, three cohorts have graduated from the EGADE-W. P. Carey Executive MBA program.

It is worth noting that EGADE Business School is among the elite 1% of business schools worldwide accredited with the prestigious Triple Crown: AACSB, AMBA, and EQUIS.

You can view the full ranking here: QS Executive MBA Rankings 2025: Joint Programmes.

The new national report, led by EGADE Business School and the Eugenio Garza Lagüera Institute for Entrepreneurship, offers key insights and recommendations to strengthen the student entrepreneurship ecosystem.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

More than half of Mexican university students intend to start their own business within five years of graduating, according to the latest GUESSS Mexico National Report, led by EGADE Business School and the Entrepreneurship Observatory of the Eugenio Garza Lagüera Institute for Entrepreneurship (IEEGL) at Tecnológico de Monterrey, with the support of Santander bank.

The national report, published in February 2025, is based on the tenth edition of the 2023 Global University Entrepreneurial Spirit Students' Survey (GUESSS)—an international study that collected data from over 226,000 students across 57 countries, aiming to inspire researchers, practitioners, and policymakers to continue strengthening student entrepreneurship worldwide.

FINDINGS AND RECOMMENDATIONS TO STRENGTHEN THE ECOSYSTEM

In Mexico, the GUESSS 2023 study collected responses from over 3,100 students across more than 50 higher education institutions. The results reflect a strong entrepreneurial spirit flourishing within the country’s university ecosystem.

The report reveals that 22.7% of Mexican students plan to start their own business immediately after graduation, while 51.8% intend to do so within five years. Additionally, 28% of students incorporate entrepreneurship into their academic plans—significantly above the global average of 9.2%. These results position Mexico among the leading countries in student entrepreneurial intention.

Despite these encouraging figures, the report also identifies key challenges. While 42% of nascent entrepreneurs plan to launch their ventures during their studies, a considerable 84% lack prior entrepreneurial experience. Furthermore, only 19% of active student entrepreneurs have accessed entrepreneurial capital, indicating a clear opportunity to enhance funding alternatives and entrepreneurial education.

“The GUESSS Mexico Report shows a new generation of students who, with their creativity and risk-taking spirit, are ready to drive Mexico’s economic and social transformation," said José Ernesto Amorós, Associate Dean of Faculty and Research at EGADE Business School and lead author of the national report. "Strengthening training, mentorship, and access to entrepreneurial capital will be crucial to support them in materializing their projects," he emphasized.

The national report concludes with several recommendations aimed at fostering a stronger entrepreneurial ecosystem. Among these, it emphasises the importance of enhancing practical training and mentoring programs, promoting the early development of entrepreneurial skills, expanding access to funding sources, and encouraging entrepreneurial projects within family businesses.

Authored by Geraldina Silveyra (Director of Training and Knowledge at the IEEGL), Andrés Alejandro Guzmán González (Research Dissemination Coordinator at the IEEGL), and Amorós, the report provides a comprehensive overview of the aspirations, challenges, and opportunities faced by university students across Mexico.

You can read the full GUESSS Mexico 2023 National Report here.

Bryan W. Husted and José Ernesto Amorós are among the top scientists in Business and Management in the 2025 edition of the prestigious international ranking.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Two researchers from EGADE Business School at Tecnológico de Monterrey, Bryan W. Husted and José Ernesto Amorós, have been recognized in the 2025 edition of the Ranking of Best Scientists in Business and Management by Research.com, which highlights the world’s most influential academics in this field.

The selection is based on a rigorous analysis of 9,827 scientists specializing in Business and Management, derived from a preliminary review of 166,880 academic profiles from various bibliometric databases such as OpenAlex and CrossRef.

Husted, professor in the Department of Strategy and Leadership at EGADE and leader of the Research Group on Conscious Enterprise Development, ranked as the number one scientist in Mexico and 745th globally, with a D-index of 50, 13,938 citations, and 161 publications in the field of Business and Management.

Meanwhile, Amorós, Associate Dean of Faculty and Research at EGADE and leader of the Research Group on Entrepreneurship and Impact Innovation, ranked as the second in Mexico and 1,767th worldwide, with a D-index of 33, 5,188 citations, and 114 publications in the discipline.

"Through this report, we aim to inspire decision-makers, researchers, and entrepreneurs worldwide to learn more about what leading experts are focusing on and how they are helping to transform today’s business landscape," said Imed Bouchrika, Co-Founder and Chief Data Scientist at Research.com. "The ranking allows us to learn from top researchers and to recognize institutions that maintain a strong tradition of research and innovation in business and management," he added.

Research.com is one of the world’s leading scientific research portals, specializing in academic and educational rankings.

IMPACTFUL CAREERS

The recognition of Husted and Amorós reflects EGADE Business School’s commitment to producing impactful research and contributing actively to business and societal transformation.

Husted is a member of Tecnológico de Monterrey’s distinguished Faculty of Excellence and has received awards such as the Rómulo Garza INSIGNIA Award 2017, the Cuervo-Cazurra and Newburry Award 2023 by AIB-LAC, and the Nuevo León Award for Science, Technology, and Innovation 2023 in the Social Sciences and Humanities category. He has also been recognized among the Top 2% of Scientists Worldwide by Stanford University in 2022 and 2023.

Amorós was recognized in 2024 by AACSB International as part of its Influential Leaders Class. He also received the Rómulo Garza Research and Innovation Award 2023 in the Scientific Articles category. Through his work with the Global Entrepreneurship Monitor (GEM), he has contributed to the evaluation of pro-entrepreneurship public policies in various countries.

NATIONAL AND INTERNATIONAL RECOGNITION

In the 2025 edition of Research.com’s ranking, Mexico ranked 38th globally in the number of distinguished researchers in Business and Management, with EGADE Business School at Tecnológico de Monterrey being the only Mexican institution represented, thanks to the inclusion of Husted and Amorós.

This achievement reaffirms EGADE’s leadership in cutting-edge research and its commitment to strengthening the knowledge that drives positive change in society and the business world.

For more information about the ranking, visit: Research.com - Best Scientists in Business and Management 2025.

Faculty members from EGADE Business School and the Business School at Tecnológico de Monterrey stand out at the leading Latin American forum for research in administrative sciences.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Professors from EGADE Business School and the Business School at Tecnológico de Monterrey were recognized with the "Raúl Conde Hernández" Best Paper Award at the 28th International Research Conference in Administrative Sciences, organized by the Academy of Administrative Sciences (ACACIA).

The award was presented to Juan Ignacio Sánchez, member of the Tec’s Faculty of Excellence and Distinguished Professor of Organizational Behavior and Human Capital at EGADE Business School; and to Sergio Madero Gómez and Carlos Gabriel Colín Flores, professors at the Business School, for their paper titled "The Effects of Green Human Resource Management on Employee Green Behavior in a Mexican Context."

The conference took place from April 22 to 25 at the Universidad Católica de Cuenca in Ecuador, under the theme "Data Analytics in Global Decision-Making."

Madero Gómez and Colín Flores are also leader and member, respectively, of the Thematic Research Group (GAT) on Organizational Design and Culture at the Business School of Tecnológico de Monterrey.

ACACIA’s International Research Conference in Administrative Sciences is one of the most prestigious academic forums in Latin America for the dissemination of research in administration, business, and organizational management.

The awarded case at the academic event analyzes the transformation of Nestlé’s innovation ecosystem.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Faculty members from EGADE Business School of Tecnológico de Monterrey were honored with the Best Teaching Case Award at the 2025 edition of the annual conference of the Business Association of Latin American Studies (BALAS), held in Costa Rica.

The award was granted to Cristian Granados, professor in the Department of Entrepreneurship and Technological Innovation at EGADE Business School; Juan Carlos Bustamante, Director of the Master in Marketing at EGADE Business School; and Yarid Ayala, professor at the School of Business of Tecnológico de Monterrey, for their work "The Future of Nestlé’s Innovation Ecosystem."

"This case tells the story of a company that, lacking the necessary internal capabilities, initially failed to scale sustainable innovation projects, resorting to merely symbolic actions. However, this setback sparked profound strategic changes that transformed its innovation model," commented Granados on social media.

BALAS 2025, held under the theme "Sustainable Business: Challenges and Opportunities for Latin America," took place from April 8 to 11 in San José, with INCAE Business School as the host institution. The event brought together over 125 participants from 21 countries, representing more than 60 business schools and universities worldwide.

With over 95 presentations of papers, case studies, and doctoral proposals, as well as 10 panels, workshops, and plenary sessions, the conference solidified its position as a key forum for discussing sustainability, entrepreneurship, innovation, ESG, business education, and academic accreditation.

EGADE Business School’s participation also stood out in other key areas of the academic program. Ricardo Buitrago, National Director of Doctoral Programs at EGADE Business School and President of BALAS, led the event’s opening session and moderated several plenary discussions.

Meanwhile, José Ernesto Amorós, Associate Dean of Faculty and Research at EGADE Business School, took part in two strategic sessions: "Good to Great: Elevating Business Schools Through Accreditation," focusing on the transformative impact of accreditation processes, and "Meet the Editors – From Manuscript to Impact: Publishing Strategies in Leading Business Journals," where he shared his perspective as Editor-in-Chief of the journal Management Research.

Additionally, other professors from EGADE Business School presented research that reinforces the school's commitment to producing knowledge that drives business and social progress across Latin America.

Huawei recognised the CEO of Girasolve Energy and an EGADE Business School student with fourth place worldwide at its global solar installer summit in China.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Significantly increasing installed solar capacity will be crucial for Mexico to meet its 2030 energy transition goals, stated Luis Plata Cavazos, CEO of Girasolve Energy and Master in Finance student at EGADE Business School, Tecnológico de Monterrey.

“Only 5.1% of the country’s electricity generation currently comes from solar energy. We need to triple our installed capacity to meet the national target for clean energy generation,” he explained.

The National Energy Plan presented by Claudia Sheinbaum’s government in 2024 sets a goal of 45% of electricity coming from renewable sources by 2030, which means that at least 16% must be generated from solar energy, he added.

During the 2nd Global Installer Summit, organised by Huawei FusionSolar in Shenzhen and Dongguan, China, Plata Cavazos was awarded fourth place worldwide in the Best Installer Contest. There, he shared his vision for Mexico’s energy future with over 500 global leaders from the photovoltaic sector.

What an incredible three days at the 2nd Global Installer Summit! Over 500 installers and partners from across the world joined us in Shenzhen & Dongguan, China, exchanging insights, exploring cutting-edge smart PV solutions, and shaping the future of green energy.

Insights on… pic.twitter.com/70mLb4IoGm

— Huawei Digital Power (@huawei_power) March 29, 2025

In his presentation, he highlighted that Mexico has one of the highest solar potentials in the world, with over 70% of its territory receiving more than 4.5 kW per square meter.

In 2023, the country’s installed photovoltaic capacity reached 9.4 GW, and is expected to grow rapidly in the coming years. “It’s a huge opportunity, and we are ready to seize it,” said the graduate of the Energy Management Specialisation at EGADE Business School.

Plata Cavazos also emphasised the transformative role of energy storage in Mexican households: “Energy storage will be as important as water storage in Mexico. Every home will have a battery. That’s what we believe at Girasolve, and we are building that future.”

Girasolve Energy, a Mexican company with over eight years in the market, develops photovoltaic solutions for the residential, commercial, and industrial sectors.

With a workforce of more than 35% women, including female installers, and a fleet of over 20% electric vehicles, Girasolve integrates sustainability, efficiency, and innovation as core pillars of its strategy.

“Climate change is real, and raising awareness is a key part of our mission. Selling PV systems is not just about reducing electric bills, it’s about saving the only planet we can live on,” he stated.

In addition to its business focus, Girasolve drives social impact projects, such as electrifying rural schools in Mexico.

At the Huawei event, Plata Cavazos presented a documentary video about a school that lacked electricity and was equipped with solar panels. “We’re not just making a difference on rooftops. We’re making a difference on the ground. These kids will have a different future thanks to technology,” he concluded.

These initiatives, along with his innovative vision for the energy sector, have earned him recognition both nationally and internationally. Among other accolades, MIT Technology Review in Spanish named him one of the Innovators Under 35 Latin America 2023, and he received the National Youth Award 2021 and the State Youth Award of Nuevo León 2019.

Professor Alysha Shivji of EGADE Business School collaborates on a study that seeks to understand how communities organize in the face of environmental crises.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Alysha Shivji, a professor in the Department of Strategy and Leadership at EGADE Business School of Tecnológico de Monterrey, is part of a research team studying how communities organize in response to the effects of climate change in Tixtla, Guerrero. This town in southern Mexico has suffered severe flooding in recent years due to the overflow of its lagoon.

This project, involving scholars from various institutions, aims to build a framework to understand social and environmental responsibility and organizing that differs from dominant Anglo-European frameworks by engaging directly with those affected by the disasters.

In addition to Shivji, the research team includes academics Eduardo Hernández Melgar from Grenoble School of Management and Daniel Polco from the Escuela Superior de Antropología Social at the Universidad Autónoma de Guerrero.

RESILIENCE FROM THE GROUND UP

The community of Tixtla—home to the lagoon known as El Espejo de los Dioses or Laguna Negra—has been severely impacted by flooding, which was exacerbated in 2024 by Hurricane John.

The storm caused the lagoon, an endorheic basin increasingly overwhelmed by deforestation, erosion, and pollution, to overflow, significantly damaging homes and infrastructure.

“Our initial insights from our research show that the community in Tixtla uses an alternative approach to organizing in the face of environmental crises (lagoon flooding),” says Shivji. “This approach differs from mainstream academic understandings derived from Western knowledge. The community sees the land as part of their identity rather than something external to be managed or controlled. Organizing to protect the community and the environment is seen as a duty or obligation more than a volunteering activity.”

COMMUNITY-GOVERNMENT DIALOGUE

During their fieldwork, the team interviewed local stakeholders and held a public forum attended by the municipal president of Tixtla and other local government representatives.

“We have been interviewing different community members and held a public forum attended by the president of Tixtla and other local governments to discuss the situation with the lagoon,” shares Shivji.

RESEARCH WITH PURPOSE

The researchers hope their work will contribute to academic discourse and have a positive social impact.

“We also hope our research will have practical benefits to the community and similar communities in Mexico by drawing attention to the climate crisis and igniting conversations between communities and local government,” Shivji states.

This type of research project opens new possibilities for rethinking the role of business in vulnerable regions. It explores leadership and organizational models that emerge from within communities and can inspire new purpose-driven business visions.

True leadership is about reducing suffering, creating well-being, and putting life at the centre of business, says the co-founder of Conscious Capitalism.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

In a world marked by environmental, social, and health crises, business leadership must evolve to meet these challenges. This was the assertion of Raj Sisodia, co-founder of the Conscious Capitalism movement, during his keynote lecture, “Conscious Leadership and Cultural Transformation,” delivered at the TEC Business Summit 2025 in Guadalajara.

The Business School of Tecnológico de Monterrey brought together the business community for this multi-campus event, co-hosted with EGADE Business School, to discuss a new leadership model grounded in care, empathy, and cultural transformation within organisations. Under the theme “Human Leadership: Transforming Companies through Care and Empathy,” the gathering brought together approximately 700 business, academic, and social leaders on April 9 in Mexico City, Monterrey, Guadalajara, Querétaro, and Hermosillo.

“The true purpose of leadership is to heal,” stated Sisodia, who is also President of the Centre for Conscious Enterprises and Distinguished Professor at both the Business School and EGADE Business School of Tecnológico de Monterrey. “We are here to heal—starting with ourselves—and then help others heal, help our communities heal, and heal our planet.”

A CALL FOR HUMAN REVOLUTION

Sisodia emphasised that we are living in an era of profound suffering at every level: personal, organisational, societal, and planetary. In response, he proposed a “human revolution” that places people at the center of business decision-making.

“The way we lead and organise our businesses is generating a high human cost. It is not acceptable for people’s lives to be negatively impacted by their workplace. The opposite should be true: people should be healthier and happier because they are connected to our business,” he stressed.

The author of Conscious Capitalism: Liberating the Heroic Spirit of Business, Firms of Endearment: How World-Class Companies Profit from Passion and Purpose, among other titles, questioned business models centered solely on profit maximization, and called for a cultural transformation that replaces the mechanistic, competitive, and transactional mindset with a view of business as a platform for care and service.

“We need to change the paradigm. It’s not about putting profit at the center and making people and the planet serve profit. It’s about putting life at the center and having profit serve life,” he said.

BUSINESSES WITH A SOUL

Based on his research into companies admired by their stakeholders, Sisodia proposed conceiving of organisations as living organisms with a soul, rather than property or efficiency machines. “Every company has a culture and a unique purpose—that is its soul. The challenge is to preserve it, nurture it, and let it flourish,” he explained.

Speaking on conscious leadership, he put forth a vision of commitment, love, and service: “You cannot lead people unless you love them. And you cannot love them unless you know them. And you cannot know them unless you walk among them.”

For Sisodia, the path toward transformative leadership begins with inner work: knowing oneself, healing, connecting with one’s purpose, and exercising power through empathy.

“Everything that happens in an organisation is a reflection of what’s inside its leader. Leadership is a projection of our internal state,” he said.

At the close of his talk, Sisodia proposed that the role of a leader must evolve toward that of a Chief Evolution Officer: someone who guides the conscious growth of their organisation, raises collective awareness, and promotes a culture of human flourishing.

“Leadership is a sacred act of caring. And business, when done with love and purpose, can be one of the greatest healing forces in the world,” he concluded.