The CIE offers a meeting space for investment opportunities under the entrepreneurship through acquisitions model 

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Within the framework of Enlace+ Day Monterrey, the Center for Innovation and Entrepreneurship (CIE) of EGADE Business School - Tecnológico de Monterrey held its second Search Fund Investment Forum.

The event took place on June 17 in the Auditorium of EGADE Business School, Monterrey, seeking to offer a meeting space for investment opportunities under the entrepreneurship through acquisitions model, regarding either the search stage or the acquisition of companies.

This edition, apart from offering a brief panorama of the current situation of Search Funds in Mexico and their potential in the development of the entrepreneurial ecosystem, enjoyed the presence of the investment firms Cerasus Capital and Belth Capital.

Forum participants included Félix Cárdenas, Director EGADE Business School’s CIE, and experts Manuel Núñez and Jerónimo Siqueiros.

Search Funds offer entrepreneurs the opportunity to become equity-owning CEOs and can provide investors with attractive returns.

NEW GENERATION OF ENTREPRENEURS INTRODUCED AT ENLACE+ DAY MONTERREY CHAPTER

Enlace+ Day, held at EGADE Business School Monterrey, included the introduction via video of the 29 companies selected nationwide in the 2022 call and who will form part of the Class of 2024 of the Enlace+ Professionalization Program.

At the event, the 29 selected companies, five firms and their entrepreneurs were welcomed to the Monterrey Chapter:

· Bebida Viva (Marcelo Hinojosa): Produces healthy, practical and nourishing beverages, such as Bebida Viva Kombucha and Rocamina Agua Mineral.

· Kolonus (Francisco Macedo, Ángel Ortiz, and Humberto de León): Digital platform consisting of software, hardware, and processes, with innovative 360° applied technology, centered on the best experience for residents.

· Skye Group (José Arturo Caballero, Gustavo García, and Stella Jiménez): Consulting services and applied innovation development for idea validation, product development, concept validation, launch of startups and/or spin-offs, or the creation of innovation centers.

· Teiker (Héctor Quintanilla, Noé Quintanilla, and Rodrigo Sosa): eCommerce logistics solutions for businesses that require last-mile delivery, product storage, pick & pack, kitting services, and any other similar requirement within the overall logistics system.

· Tortiregias (Gerardo Sánchez and Neliza López): Corn-based products made to the highest quality standards and with best manufacturing practices, raising awareness about healthy eating.

The 29 selected companies will receive guidance and strategic support for 2.5 years to become a model of success in Mexico. The national list is available here.

Ramiro Lozano, National President of Enlace+, was in charge of welcoming the attendees, who included the network’s board members, mentors, and entrepreneurs, investors, and Tecnológico de Monterrey officers.

In addition, Elda Cota, President of Enlace+ Monterrey, delivered a message to recognize the new generation of entrepreneurs from that chapter.

The event concluded with a networking session among the members of the Enlace+ network, Tec community, and strategic partners, who shared perspectives of the entrepreneurial ecosystem. 

EGADE Business School - Tecnológico de Monterrey professors are a symbol of excellence and prestige, creating knowledge for business transformation and impacting corporate decision-making processes.

By COMUNICACIÓN INSTITUCIONAL | EGADE BUSINESS SCHOOL

In this installment, we would like to share the most outstanding columns, interviews and articles by EGADE’s faculty, published in the media during June 2022:

Cristian Granados

• Entrepreneur - ¿Cómo fomentar el intraemprendimiento de alto impacto en los colaboradores de las compañías? (How to Foster High-Impact Intrapreneurship Among Companies’ Collaborators)

Daniel Maranto

• El Financiero – Lo que las organizaciones podemos aprender de una tripulación aérea (What Can Organizations Learn From a Flight Crew?)
• NEO – Transdisciplinaridad: un camino al océano azul (Transdisciplinarity: A Path to the Blue Ocean)

Diana Kolbe

• El Financiero – “Preloved Fashion”, una tendencia que está al alza en México “Preloved Fashion,” a Rising Trend in Mexico

Everardo Elizondo

• Reforma – Exhibe modelo de ineficiencia de 4T  (The 4T’s Model of Inefficiency Exposed) 
• Dinero en Imagen – Tasa de interés podría elevarse hasta 9.5%, advierten especialistas (Interest Rates Could Rise to 9.5%, Specialists Warn)
• Reforma – Guía económica para extraviados (4) (Economic Guide for the Lost)
• Reforma – Guía económica para extraviados (5) (Economic Guide for the Lost)
• Reforma –  ¿Desglobalización? (Deglobalization?)
• Reforma – Avatares económicos del momento (Current Economic Avatars)

Federico Trigos

• NEO – Transdisciplinaridad: un camino al océano azul (Transdisciplinarity: A Path to the Blue Ocean)

Felipe Symmes

• Entrepreneur – Cómo la inversión de impacto puede conectar a las comunidades indígenas con la globalización sin perder su identidad (How Impact Investment Can Connect Indigenous Communities With Globalization Without Losing Their Identity)

Félix Cárdenas

• El Financiero – ¿Qué es un Independent Sponsor y por qué lo prefieren los inversionistas? (What Is an Independent Sponsor and Why Are They the Choice of Investors?
• Expansión – Riesgo Prometedor (Promising Risk)

Héctor Shibata

• El CEO – ¿Qué opciones de financiamiento tengo si soy emprendedor? (What Financing Options Do I Have as an Entrepreneur?)
• Alto Nivel – El método para identificar y desarrollar tu propuesta de valor (A Method for Identifying and Developing Your Value Proposal)

Javier Reynoso

• El Financiero – Hacemos demasiado ¿Por qué? (We Do Too Much. Why?)

Jesús Garza

• El Financiero – Inminente alza de tasas (The Imminent Rate Hike)
• El Financiero – Escasez de agua y apagones (Water Shortage and Power Cuts)
• El Financiero – Siguiendo a la Fed (Following the Fed) 
• El Financiero – Comienza la desaceleración (Deceleration is Starting) 
• El Financiero – La solución de la escasez del agua – privatización (The Water Shortage Solution – Privatization)

Jorge Martínez

• Reforma – ¿Conviene invertir en México? (Is Investing in Mexico a Good Idea?)

José Luis Pineda

• El Financiero – Marketing del servicio público (Marketing Public Services)

María Concepción del Alto

• Hablemos de Bolsa – La importancia de la independencia y la equidad de género en los consejos de administración (The Importance of Independence and Gender Equality on Boards)

Miguel Moreno Tripp

• El Financiero – Interés compuesto (Compound Interest)
• El Financiero – Profecías que se autocumplen (Self-Fulfilling Prophecies)
• El Financiero – ¿Aterrizaje forzoso? (Emergency Landing?)
• El Financiero – Acoplamiento o Desacoplamiento (Connection or Disconnection)

Raúl Montalvo

• Expansión – El arte y la técnica de la estrategia corporativa (The Art and Technique of Corporate Strategy)
• El Empresario – Las pymes tienen mejor adaptación pero mayores desafíos (SMEs Adapt Better but Face Greater Challenges)

Sascha Fürst

• El Empresario – La digitalización y su impacto dentro del emprendimiento sustentable en México (Digitization and its Impact Within Sustainable Entrepreneurship in Mexico)

Learn more about the EGADE Faculty here.

In his address, Dean Horacio Arredondo Villalba urged the graduates to lead innovative, ethical, sustainable businesses to tackle the challenge of inequality. 

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

The Class of June 2022 of EGADE Business School Santa Fe, Querétaro and Lima, Peru celebrated their graduation in Mexico City.

The ceremony took place on June 28 in the Sports Hall at Tecnológico de Monterrey’s Campus Santa Fe, and was broadcast live on live.tec.mx and Facebook Live of EGADE Business School.

The new EGADE alumni and alumnae who make up this class in Santa Fe, Querétaro and Lima, hail from Mexico and 11 other countries (Germany Argentina, Brazil, China, Colombia, Ecuador, El Salvador, U.S.A., Peru, Russia and Venezuela), and earned 223 master’s degrees and 1 doctorate.

Per program, the class comprised 158 graduates from the EGADE MBA in Santa Fe, Querétaro and Lima; 3 from the Full-Time MBA in Innovation & Entrepreneurship; 21 from the EGADE - W.P. Carey Executive MBA; 38 from the Master in Finance; and 1 from the Ph.D. in Administrative Sciences.

The ceremony was presided over by Horacio Arredondo Villalba, Dean of EGADE Business School; Ana María Zermeño Padilla, Associate Dean of Admissions and Academic Operations, EGADE Business School; Fernando Moya Dávila, Director of the Department of Entrepreneurship and Innovation, EGADE Business School; and Jaime Martínez Bowness, Dean of the Mexico City Region, School of Business, Tecnológico de Monterrey.

In his address, Martínez Bowness congratulated the students for graduating with great pride from one of the top business schools in the world, and urged them to continue to grow and learn at every opportunity.

“And, on becoming lifelong learners we also become mentors and even professors. Therefore, we will also be inviting you later on to consider teaching a class, revisiting your old classrooms, or coming to Tec to give a conference and share everything you have learned with the coming generations,” Martínez Bowness stated.

LET’S INCLUDE IN OUR VISION THE VALUES OF INTEGRITY AND GENEROSITY: STUDENT SPEAKER

As the student speaker, Agustín de la Maza Huesca, a graduate of the EGADE - W.P. Carey Executive MBA, thanked the institution and faculty for providing his class with such an exceptional development platform

“Teaching and learning in these circumstances was a huge challenge, and with our adaptability we were able to overcome it. To our dear professors, thank you for challenging us, for pushing us to new heights, for questioning us. We know that excellence is achieved with the guidance of experts and in-depth, deliberate practice. Thank you for guiding us to excellence,” acknowledged De la Maza, who graduated with honors and the highest grade average in his program.

On addressing his fellow students, De la Maza highlighted that apart from enjoying a learning experience filled with diversity, another valuable aspect consisted of the ties they were able to create, not only of friendship, but also for mutual feedback, advice and guidance regarding their professional and personal lives.

“When we started this program, we used technology efficiently to collaborate, but it was actually when we were finally able to share a classroom and our trips that our relationships took on another dimension; I am talking about the dimension of caring, respect and trust, which is essential for any important relationship in our lives. I would like to invite you to take care of these relationships, strengthening them with new moments that will allow them to last forever,” he said.

The end of this period, he told the new graduates, offers a chance to revisit and reframe their vision, including the values of integrity and generosity.

“We can’t think about creating value just for ourselves, but must create it for everyone around us and for our society. Congratulations on today’s achievement and on the successes of your brilliant future,” De la Maza concluded.

LEAD INNOVATIVE, ETHICAL, SUSTAINABLE BUSINESSES TO TACKLE THE CHALLENGE OF INEQUALITY: ARREDONDO VILLALBA

Before taking the pledge, Arredondo Villalba delivered a message to the new EGADE alumnae and alumni (EXATEC).

The Dean recalled the vision of Tecnológico de Monterrey, “Leadership, innovation and entrepreneurship for human flourishing,” and invited the graduates to reflect on the role they will play in tackling the challenge of inequality.

“What role will this class play in this human flourishing? How are you going to take what you have learned from our professors and from the exchange between each and every one of you to tackle this challenge?” he asked.

In response, Arredondo Villalba asked them to lead innovative, ethical, sustainable businesses that will transform the challenge of inequality into a challenge of development, either by creating new companies or questioning the status quo of their organizations.

The Class of June 2022 from the Monterrey site and from the EGADE MBAOnline graduated in that city on June 25.

The EGADE Business School Guadalajara Class of June 2022 will be graduating on June 29.

Daniel Rodríguez Cofré, CEO of FEMSA, was the guest speaker in the first of three graduation ceremonies to be held this month at the EGADE Business School sites

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

The class of June 2022 of EGADE Business School, Monterrey site, and the EGADE program MBAOnline celebrated the culmination of their postgraduate studies in the first of three graduation ceremonies to be held this month.

The ceremony took place on June 25 in the EGADE Monterrey Congress Hall and was broadcast live on live.tec.mx and Facebook Live  of EGADE Business School.

EGADE TWEET

On this occasion, 168 masters and 3 doctors were recognized. The graduates hailed from different Mexican states and six other countries (Argentina, Colombia, Costa Rica, Guatemala, Peru, and Venezuela) in Latin America. Per program, 88 graduated from the EGADE MBA, 22 from the EGADE MBAOnline, 12 from the EGADE – UNC Charlotte MBA in Global Business & Strategy, 44 from the Master in Finance, 1 from the Master in Business Management, and 3 from the Ph.D. in Administrative Sciences.

The graduation ceremony in Monterrey was presided over by Daniel Rodríguez Cofré, CEO of FEMSA and guest speaker; Juan Pablo Murra Lascurain, Rector for Higher Education, Tecnológico de Monterrey; Horacio Arredondo Villalba, Dean of EGADE Business School; René Cabral Torres, Associate Dean of Faculty Development, EGADE Business School; Daniel Maranto Vargas, Director of EGADE Business School, Monterrey site; and Jorge Velarde Chapa, Director of Academic Programs, EGADE Business School.

WE MUST ALWAYS LIVE BY OUR VALUES: GUEST SPEAKER

In his address, Rodríguez Cofré shared with the graduating students some of the qualities required to lead with a sense of humanity.

PHOTO GUEST SPEAKER

"We must always live by our values. I would like to invite you to be good, upright people. There is no greater satisfaction than doing good for others. Be kind, don’t be so hard on yourselves or others, especially your teams. Try to be unassuming and humble, let go of your ego; if you are in an organization, you are there to serve and to safeguard it, your teams and others,” the executive stated.

Rodríguez Cofré told the graduates that as leaders they will be responsible for creating appropriate contexts to enable their teams to flourish.

“Be willing to unlearn, to acknowledge that some of our ways of thinking and of doing things will no longer work in the new reality,” the guest speaker said.

NOW IT’S OUR TURN TO TEACH OTHERS: STUDENT SPEAKER

Karen Patricia Rodríguez Bú, EGADE MBA student at the Monterrey site, delivered a message on behalf of her class.

The alumna, who graduated with honors, the highest grade average in her program and the top average of her class, urged her peers to think always about the coming generations and the role they play in their future.

“I would like to invite you to remember that we came here to learn, but now it’s our turn to teach others. Let’s not work to decipher an uncertain future, but to transform it, building a decent, inclusive and sustainable world,” Rodríguez Bú said.

ENRICH OTHER PEOPLE’S LIVES: RECTOR

Before taking the pledge from the graduates, Murra Lascurain urged them to live life to the full and enrich other people’s lives, by being empathetic, instilling hope in the new generations, driving entrepreneurship, and keeping their intellectual curiosity alive.

JPM TWEET

“I would like you to know that you will always be welcome at your alma mater, and will continue to form part of our history and community, now as EXATEC (Tec Alumni). We will be the witnesses to your achievements and battles. Build extraordinary lives. Mexico and the world need you,” the Rector stated.

EGADE Business School will continue to celebrate the graduations of the Class of June 2022 with ceremonies on June 28 and 29 at the Santa Fe and Guadalajara sites, respectively.

Business Territory forms part of Tec Sounds and is available on Spotify, Amazon Music, Apple Podcasts, and Google Podcasts.

By VALENTINA FLORES CÁCERES | EGADE BUSINESS SCHOOL

The gender gap in STEM, financial health, celebrity brands, and deglobalization were the topics addressed by Business Territory, the podcast of EGADE Business School and the School of Business of Tecnológico de Monterrey in June.

In case you missed them, here are the four episodes:

Episode 81: Women and STEM: closing the gap

Helena Polyblank, cofounder and CPO of Mendel, discusses the topic of women in STEM aeras and their professional development.

Episode 82: Financial well-being check-up

Humberto Guevara, Professor in the Department of Accounting and Finance at Tecnológico de Monterrey and Lecturer in the EGADE Business School Master in Finance, shares basic recommendations for protecting your financial health. 

Episode 83: Making celebrity brands more authentic

Lucila Osorio, Interim Director of the Retail Trade Center of the School of Business and Research Professor at EGADE Business School, reveals how authenticity is the key to success.

Episode 84: Deglobalization scenarios: an opportunity for Mexico?

Michael Devlyn, Chairperson at DNG Holdings and CEO of Strategic Projects and Expansion at Devlyn Holdings, and Ricardo Buitrago, Research Professor in the Department of Strategy and Leadership at EGADE Business School, explain how the pandemic and the war in Ukraine have triggered the reinvention of global capitalism.

Episode 84 brings the fourth season of Business Territory to a close; the fifth season will start on August 16, with a new episode every Tuesday.

Business Territory Business Territory forms part of the Tec Sounds podcast bar, available on Spotify, Amazon Music, Apple Podcasts, and Google Podcasts.

The Global Network for Advanced Management program was held online in its June 2022 edition.

By JOSÉ ANGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey virtually brought together 23 students from member schools of the Global Network for Advanced Management, within the EMBA Global Network Week, in its June 2022 online edition.

In the program held from June 13 to 17, EGADE Business School offered the course “Sustainable Entrepreneurship in LATAM: Towards a More Equitable and Innovative Economy”.

Taught by professors Francisco Layrisse, Felipe Symmes, José Manuel Maraboto, and Luli Pesqueira, this program explores the emergence and development of social innovation around the world, with a special focus on its most recent stage in Mexico and Latin America.

Throughout the week, the participants, who formed a multicultural group, learned about the different concepts, tools and attitudes necessary to lead a social innovation, from the voice of academics and their invited experts, among entrepreneurs and leaders of accelerators and intrapreneurship.

Likewise, they were able to experience interactions with Mexican culture through sessions taught by Professor Valeria Sánchez.

For these digital internationalization experiences, EGADE Business School recently received an EQUAA Award 2022 .

Within this edition of EMBA Global Network Week, a total of 57 students from EGADE Business School participated globally in 20 courses taught by different member schools of the Global Network for Advanced Management.

This 2022, the Global Network for Advanced Management, which includes EGADE Business School as a founding member, is celebrating its tenth anniversary.

INTERNATIONAL STUDENTS SHARE THEIR EXPERIENCE

Three international students from business schools in India, Kenya and Germany who participated in this EGADE Business School module shared their learnings:

“I consider myself really lucky to get enrolled for this course as this help me widen up my vision a lot. I am an entrepreneur and own a fruit juice company in India and after attending this course, I will really add to the vision of my company to find ways to help people and the planet in whatever way I can through my company. The professors of EGADE and their guests were really knowledgeable and experts and that stimulated me to deep dive and find innovative solutions to societal issues. Moreover, I was very much obliged to have colleagues from all over the world and have their views and comments and get to know their thought processes. I am really happy to see and experience the Mexican culture and their delicious food dishes. Overall it was a really good experience and I will really wish to take some more courses from EGADE anytime in the future," said Kuldeep Vamja, a student from the Indian Institute of Management Bangalore.

“It has been a great pleasure being part of this team. I thank EGADE Business School for allowing me to be part of this cohort. From the start, I have to appreciate all the lecturers and the guest speakers for taking their valuable time to take us through this course, and of course not forgetting our lovely Valeria for always making sure that we know more about Mexico for those us who only know it through the map! If given a chance I would love to visit the campus and tour Mexico. I have been learning about sustainability, but this time I have learned more, it is not just about leaving zero footprints, it is about doing business consciously, and this can only be achieved by seeking to create social and environmental improvements through organizational practices and products, and it doesn't stop there, an organization must be regenerative! I'm in the hospitality industry and was very impressed by the video shown about the Playa Viva hotel and its regenerative nature. I call upon my fellow industry players to start thinking seriously about Regenerative Tourism!,” said Maureen Obunga, a student from the Kenyan Strathmore Business School. 

“This program has been prepared in an extremely professional way. It provides the right theoretical frameworks and combines them with live examples of companies that are generating a positive impact on society and the planet. Of course, we cannot forget, that even though we couldn’t travel to Mexico to attend it, the online cultural interactions and sharing of Mexican food, music, and traditions made me feel like I was there and created that experience of expanding my world knowledge,” said Christian Sofer, a student from the German ESMT Berlin.

The prize was awarded in the academic and institutional internationalization category, during a ceremony held in Barcelona. 

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School - Tecnológico de Monterrey stood out among the winners of the 2022 EQUAA Awards, in the category “Academic and Institutional Internationalization.”

The prize was awarded for the project “De lo presencial a lo digital: EGADE transformando la experiencia internacional del estudiante” (From In-Person to Digital: EGADE Transforming Students’ International Experience), presented by Armida Lozano, Director of Internationalization; Gabriela Paz, Customized Program and International Event Coordinator, and Alejandra Gómez, International Program Coordinator.

The EQUAA Awards winners were announced and given their prizes within the framework of the VIII International Accreditation Forum “Leadership towards Continuous Improvement in Education,” held in the city of Barcelona, Spain, from June 16 to 18.

Representing EGADE Business School, Lozano attended the event in person, where she presented the project and accepted the prize. 

The award-winning project showcases how EGADE Business School managed to shift from in-person to digital formats during the COVID-19 contingency, seeking to transform and assure the continuity of students’ international experience, implementing didactic components of the Tec flexible digital model and enriching their programs, such as Global Network Week, with information capsules on Mexican culture.

The EQUAA Awards are promoted by the international accreditation agency of the same name, in conjunction with institutions and associations linked to higher education in Latin America, in order to recognize innovation and internationalization initiatives implemented by institutions of higher education over the past few years. 

Angela Gómez Aiza and Gabriela Siller appear once more on the list, now celebrating its tenth anniversary, which brings female leadership to the fore.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Forbes magazine published the 2022 edition of its list The 100 Most Powerful Women in Mexico, in which two EGADE Business School - Tecnológico de Monterrey alumnae are recognized.

The list, in its tenth edition this year, seeks to bring female leadership to the fore in diverse areas of national life.

The EGADE alumnae included on the list are:

Angela Gómez Aiza

• President of SAP Mexico
• Angela earned a degree in Systems Engineering from Tecnológico de Monterrey and graduated from EGADE Business School's Master in Business Administration program.

Gabriela Siller

• Director of Economic and Financial Analysis at Banco Base
• Gabriela earned a Master in Finance from EGADE Business School and a Doctorate in Business Administration - Finance Specialization from Tecnológico de Monterrey.

Gómez Aiza and Siller were also included on the 2021 edition of this list

The 2022 “Powerful Women” list was published in the latest June/July edition of Forbes México, and can be viewed here.