Hybrid classes implemented at EGADE

Submitted by jose.paz on Fri, 07/30/2021 - 17:51

At the beginning of the Summer term, students returned to classes in a hybrid format, respecting permitted capacities and health and safety protocols.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

At the beginning of the Summer Quarter, EGADE Business School students returned to classes in a hybrid format, experiencing personal interaction for the first time since the start of the COVID-19 pandemic.

Implemented under the  Tec HyFlex+ model, the hybrid format enables professors to teach their courses with reduced in-person attendance and following health and safety protocols. Some of the students are present in the classroom, and others are connected remotely, taking advantage of the available digital resources.

Classes started on July 19 and, mainly during the second week of the Summer term, EGADE students attended the Mexico City, Monterrey, and Guadalajara sites, and the campus in Querétaro, following the guidelines of Tecnológico de Monterrey's Conscious Return.

Temperatures were taken as students entered the facilities, and they were asked to use face masks, apply antibacterial gel, and show their green status in the SAP Fiori Client app, in which they had answered self-diagnosis questions.

The students were greeted with an EGADE LiFE activation, through which they were able to win prizes and take photos with Teus, Tec's official mascot.

The students shared their feelings about the hybrid classes and the gradual return to the facilities:

"I'm so excited. I hadn't seen the facilities; they are first class. I love getting together and having a more personal interaction with my classmates and teachers," said Gabriela Vargas Ayala, a student of the Full-Time MBA in Innovation & Entrepreneurship.

"The hybrid format is a real challenge, worthy of admiration for both teachers and students, but that is what the entrepreneurial spirit is all about: adapting to change and looking to the future," said Mariela Tamez Cavazos, an EGADE MBA student in Monterrey.

"I liked being able to attend class. I felt very safe because of the measures that had been implemented for us to enter campus. In general, the entire experience is excellent; let's hope more classmates decide to participate," expressed Jesús Miguel Anzaldo Alcorn, student of the Master in Business Management in Guadalajara.

Students returned to classroom and hybrid academic activities on a totally voluntary basis.

The gradual return to in-person activities was also experienced in the EGADE Graduation Ceremonies held in MonterreyCiudad de México, and Guadalajara between June 30 and July 7.

Additionally, on July 9, the first hybrid event took place at the EGADE main campus in Monterrey.

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EGADE Students Win Three Awards in the 2021 Deloitte MBA Case Competition

Submitted by jose.paz on Tue, 07/27/2021 - 15:23

Teams from the Master’s in Business Management and the Full-Time MBA in Innovation & Entrepreneurship were declared winners in the twelfth edition of the competition.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Two teams of students from EGADE Business School - Tecnológico de Monterrey won three of the four awards given in the 2021 edition of the Deloitte MBA Case Competition in Mexico.

This twelfth edition of the competition was held virtually with more than 20 participants from five business schools and universities.

Salvador Hernández, Consulting Partner at Deloitte, explained that this competition gives MBA students the opportunity to experience a day in the life of a consultant and be evaluated by experts.

EGADE MONTERREY TEAM

Mariaelisa Garza Ramírez and Patricia Priscilla Elizondo D Stefano, students of the Master in Business Management at the Monterrey campus, and Miguel Ángel Romuroso Vargas and Homero Luis Malagón Cartas, students of the same program at the Santa Fe campus, made up the "EGADE Monterrey" team and won awards for "Best Presentation" and "Best Analysis".

"We learned a lot, both individually and as a team, during our participation, and it reinforced the analytical skills we need for consulting. It was a very big challenge due to the circumstances in which the competition was held, compared to previous editions. We are very happy to have won in two categories,” stated Romuroso Vargas.

EGADE MEXICO CITY TEAM

Michelle Martín Lara, Beatriz Adriana Meave Rodríguez, Stephany Lisbeth Henriquez Morán and Luis David Martínez Ortega, students of the Full-Time MBA in Innovation & Entrepreneurship, formed the “EGADE Ciudad de México” team and obtained the award for “Best proposal".

“It was a very enriching experience for us, and an opportunity to demonstrate our creativity and innovate in the process. One of the most important factors was team communication. Each had a contribution without which we probably would not have had a good result. As in all multidisciplinary teams, the experience and knowledge of each person are invaluable to offer the best proposal in any case,” Martínez Ortega said.

The other participating teams came from UNAM, Anáhuac and U-ERRE, a team from the latter being the winner of the “Best Q&A” award.

They all worked on solving a case related to a company in the food sector, proposing a strategy for growth and product innovation in the face of the entry of new competitors in the market.

In its 2020 edition, the competition was held in person, with a team from EGADE Business School’s Full-Time MBA in Innovation & Entrepreneurship Full-Time MBA in Innovation & Entrepreneurship taking home an award.

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EGADE Alumnus Publishes Practical Guide on Career Plan Design

Submitted by jose.paz on Tue, 07/27/2021 - 13:00

Francisco Chávez Montalvo authored the book Carrerapedia, targeting people who are looking for tools to drive their professional development in organizations.

By VALENTINA FLORES CÁCERES | EGADE BUSINESS SCHOOL

Francisco Chávez Montalvo, EGADE MBA alumnus, has published the book Carrerapedia: La guía práctica para crecer profesionalmente, a practical professional growth guide in which he shares individual principles and strategies to design a career plan.

“Based on my personal and professional experience in Human Resources, I wrote this book to offer people a toolkit for developing their own career plan,” said Chávez Montalvo, who is also an adjunct professor at the Undergraduate Business School at Tecnológico de Monterrey.

The author explained that many of the beliefs and paradigms about how to manage a professional career should be challenged and demystified.

“I detected this real need, and my objective was to share diverse reader-friendly advice, models, exercises and what I deem to be the 10 pillars for building a successful career plan,” he commented.

His book is oriented towards people who are interested in driving their professional career in any type of organization from any sector.

Although not its main focus, the book also provides tools for team leaders and colleagues in Human Resources seeking to advise their collaborators on how to manage their professional careers.

In addition, the book contains some useful resources for independent entrepreneurs and professionals.

Chávez Montalvo, apart from being an EGADE Business School graduate, holds a B.A. in Organizational Psychology from Tec de Monterrey, and has a solid professional background in the area of Human Resources in transnational corporations.

Carrerapedia, which is independently published, is available on Amazon.

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EGADE alumni among the 300 most influential leaders in Mexico

Submitted by jose.paz on Mon, 07/26/2021 - 12:24
Los 300 Líderes Mexicanos

In its 2021 list, Líderes Mexicanos magazine recognizes the influence of EGADE Business School graduates in the business sector

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Graduates of EGADE Business School – Tecnológico de Monterrey are featured in the 2021 edition of The 300 most influential leaders in Mexico published annually by the magazine Líderes Mexicanos.

The outstanding EGADE alumni in the Entrepreneurs Category are all graduates of the Master of Business Administration degree program and are as follows:

The list, which is not a ranking and is published in alphabetical order, has 14 categories. Every year, a specialized committee chooses the most outstanding people in each field.

The EGADE alumni community boasts more than 20,000 graduates on five continents and is recognized for its transformative impact on business worldwide.

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EGADE Alumnae Stand out in the Forbes List of the Most Powerful Women in Mexico

Submitted by jose.paz on Wed, 07/21/2021 - 12:59
Forbes 100 mujeres

Forbes Mexico selected Angela Gómez Aiza and Gabriela Siller Pagaza for their business leadership related to recovery.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Forbes magazine has published its 2021 list of the 100 most powerful women in Mexico 2021. The list includes two EGADE Business School - Tecnológico de Monterrey alumnae.

The list, which is not a ranking, recognizes the women who, during the past year, have contributed to the country’s recovery in different aspects of corporate, political, social, sports and artistic life.

Meet the EGADE Alumnae included in the list:

Angela Gómez Aiza
President of SAP Mexico

  • Angela has a degree in Systems Engineering from Tec de Monterrey and graduated from EGADE Business School's Master in Business Administration program.
  • Last January, she was appointed President of SAP Mexico, after more than 23 years of experience in sectors including technology, retail and consumer goods through her work in companies such as El Palacio de Hierro and the Safilo Group, and 15 years of service in the German multinational SAP.

Gabriela Siller Pagaza
Director of Economic and Financial Analysis at Banco Base

  • Gabriela has a Master in Finance from EGADE Business School and a Doctorate in Business Administration with a specialization in Finance from Tec de Monterrey.
  • Throughout her extensive career, she has lectured and given numerous courses in countries such as the United States, Poland and Costa Rica, and is a member of the American Finance Association.

The list was published in the July/August 2021 issue of Forbes Mexico.

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Study on the Development of Intrapreneurs in Organizations to Drive Innovation in Latin America

Submitted by jose.paz on Tue, 07/20/2021 - 18:12

Cristian Granados Sánchez and Cris Bravo Monge, EGADE Business School professors, contribute a book chapter on entrepreneurial education.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

In a world that demands more and rapid innovation, organizations must drive the development of high-potential intrapreneurs, while ensuring that they receive all the organizational support they need.

These are the conclusions of a study by Cristian Granados Sánchez and Cris Bravo Monge, EGADE Business School - Tecnológico de Monterrey professors, included in the book Innovation in Global Entrepreneurship Education. Teaching Entrepreneurship in Practice, published by the British publisher Edward Elgar.

In their chapter “The development of high-potential intrapreneurs: an executive education approach to drive innovation in Latin American companies”, the academics describe the role of the intrapreneur and how organizations use executive education and corporate universities to boost the development of leadership and innovation.

“The study not only addresses which competencies intrapreneurs have or could have, but also reflects on the difference between developing them and actually using them in companies. We recommend that organizations should create an innovation culture and ecosystem that supports intrapreneurs, thereby making it possible to identify opportunities and develop innovations,” explained Granados Sánchez, research professor, Department of Entrepreneurship and Technological Innovation.

The coauthors stress that a high-potential entrepreneur must have openness and creativity, humility, resilience/tolerance to uncertainty, systemic thinking, agility, and also be inspiring and empowering, competencies they assure can be taught or developed through executive education.

"We work with companies in consulting and executive education programs, and one of the topics they most frequently request is intrapreneurship. The fact that there was no clear definition of intrapreneurship, or of the characteristics or competencies of intrapreneurs, or how they can be developed, inspired us to carry out this study,”  stated Bravo Monge, adjunct professor, Department of Strategy and Leadership.

The chapter will be presented within the framework of the 81st Annual Meeting of the Academy of Management, the world's premier event for scholarly engagement around management and organization research.

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Tec and IBM Partner to Incorporate IBM Skills Academy into the EGADE Master In Business Analytics

Submitted by jose.paz on Mon, 07/12/2021 - 09:16
IBM Skills Academy

EGADE Business School’s Master in Business Analytics students will have access to IBM’s resources to develop exponential technology management skills.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

Tecnológico de Monterrey and IBM announced an agreement today to incorporate the IBM Skills Academy program into the Master in Business Analytics curriculum at EGADE Business School.

The first generation of this graduate program commenced in April this year. The IBM program will ensure that the professionals enrolled in this master’s degree will develop skills to understand and capitalize on new technologies, such as Artificial Intelligence, Cloud, Blockchain, Quantum Computing, Cybersecurity, IoT, and Data Science.

The relevance of the partnership between IBM and Tec de Monterrey is accentuated in the current scenario. A study conducted by the IBM Institute of Business Value found that up to 120 million collaborators surveyed in the 12 largest economies in the world may need to be retrained or reeducated owing to the growth of AI and automation over the next three years, resulting from the accelerated technology development that companies are experiencing worldwide.

The challenge, according to the same investigation, has only been exacerbated during the pandemic, to the extent that C-Suite executives who have accelerated digital transformation in their organizations report that their teams’ lack of technological skills is one of the greatest obstacles to progress in the current and future business context. 

“For us at IBM, working in conjunction with highly prestigious educational institutions, such as EGADE Business School - Tecnológico de Monterrey, is key to continuing to contribute to the preparation of new generations of transformational leaders for business and in society,” commented Eduardo Gutiérrez, President and CEO of IBM México.

“The future of organizations will depend on the transformation of processes, products, services, culture, structure, and business models, to generate greater innovation and value for clients. With the incorporation of the IBM Skills Academy program into the Master in Business Analytics, we seek to consolidate our purpose of developing omnipreneurial leaders with a comprehensive business vision and the necessary competencies to transform their organizations and contribute with innovative solutions to the challenges faced by society,” commented Osmar Zavaleta, Interim Dean of EGADE Business School - Tecnológico de Monterrey.

With this agreement, Master in Business Analytics students have access to the IBM Skills Academy digital platform, which presents laboratories, conferences, and practical industry cases focused on solving real business problems, among other types of content that provide access to digital badges that are highly valued in the labor market and enjoy global recognition.

The IBM Skills Academy offers the Master in Business Analytics faculty diverse training programs based on the "Train-the-Trainer" (T3) methodology, run by IBM experts, to maximize their impact and benefit students focused on developing the skills required to cope with the changes currently being experienced by industries with emerging and open-source technologies.

EGADE Business School’s two-year Master in Business Analytics program, taught in Spanish, develops a disruptive mentality in students based on data science and leadership competencies to accelerate digital transformation and make better use of organizations’ opportunities in the growing global digital economy.

IBM Skills Academy is an educational project that provides content, dynamics and programs to build students’ most critical technological skills, enabling them to contribute with their professional preparation. The initiative focuses on emergent digital fields, such as artificial intelligence, cybersecurity, data science, blockchain, cloud, IoT, Design Thinking, and Quantum.

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EGADE Future Forum: Mexico’s Economic Policy and Growth Forecast

Submitted by jose.paz on Sun, 07/11/2021 - 12:28
Everardo Elizondo

Although the Mexican economy is expected to grow by 5% in 2021, the perspectives towards 2022 and 2023 are less optimistic, warns the economist Everardo Elizondo.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

Even though the negative effect of the COVID-19 pandemic has diminished, the end of its impact is not imminent, warned Everardo Elizondo, EGADE Business School professor.

“During 2020, unprecedented ‘protection’ and ‘support’ actions were implemented by governments, the effects of which can still be felt to this day,” said the former Deputy Governor of Banco de México.

The consequences for Mexico’s economy have been huge, even greater than those observed in the United States; however, the "neighborhood effect" has played an important and positive role recently, and will continue to do so, Elizondo affirmed.

The economist participated in the EGADE Future Forum series, in the webinar “Mexico’s economic perspectives, 2021-2022”, moderated by Raúl Montalvo, Director of EGADE Business School, Guadalajara.

“It is important to be aware of the relationship between investment and growth; it is a structural aspect of Mexico’s economy, and is the secular weakness of investment, which has been decreasing,” Elizondo explained.

Without robust investment, he said, there will be no capital accumulation per worker and, consequently, no sustained productivity growth, without which the population’s wellbeing cannot grow.

“Mexico’s economic policy has discouraged private investment,” he declared.

Despite regarding inflation as transitory, Elizondo recalled, Banxico considered its upsurge as risky, deciding on June 24 to increase the target rate by 25 percentage points.

“Mexico has maintained a ‘conservative’ stance in terms of tax incentives,” he said.

Regarding the economic growth forecast, he mentioned that the perspective of analysts is that, in 2023, it will go back to the 2 percent that has been characteristic of the Mexican economy for over a generation.

“We are going to be a long way from returning to pre-pandemic levels (5 percent in 2021, and 3 percent in 2022),” Elizondo said.

Watch the complete webinar here.

With information from Valentina Flores Cáceres.

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