EGADE Reaffirms Its Global Leadership With Reaccreditation From AMBA

Submitted by jose.paz on Tue, 04/09/2024 - 08:00
AMBA

This recognition demonstrates EGADE's ongoing commitment to the highest educational standards in its EGADE MBA and Master in Business Management programs.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey has been reaccredited by the Association of MBAs (AMBA), one of the leading authorities in postgraduate business education, for a new five-year period.

With this, EGADE Business School reaffirms its position in the elite of business schools, maintaining its "Triple Crown" of international accreditations awarded by AMBA, the Association to Advance Collegiate Schools of Business (AACSB), and the EFMD Quality Improvement System (EQUIS).

These three accreditations are the most important in their field globally, and only 1% of the world's most prestigious business schools have achieved their recognition.

Horacio Arredondo, Dean of EGADE Business School, noted that AMBA's reaccreditation recognizes the high level of the EGADE MBA and the Master in Business Management programs and evidences the quality and potential of the community of students, alumni, academics, and administrative staff.

According to AMBA's rigorous evaluation criteria, only programs that demonstrate the highest standards of teaching, curriculum design, career development, and employability, among others, are accredited.

"The AMBA evaluation panel has recognized several outstanding aspects of our School, including the advances and growth in our Strategic Plan EGADE 2030, the renewal of our purpose and vision to remain as a leading School in Latin America, and the commitment and enthusiasm of our academic community," added the Dean.

The reaccreditation of EGADE Business School for a new five-year period, the maximum possible term of accreditation, underscores its position as an avant-garde institution in the business education field in Mexico and Latin America.

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José Ernesto Amorós Espinosa Honored as 2024 AACSB Influential Leader

Submitted by jose.paz on Mon, 04/08/2024 - 09:00

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

The Associate Dean of Faculty at EGADE Business School, José Ernesto Amorós Espinosa, is one of 22 business school faculty honored by AACSB International (AACSB)—the world's largest business education alliance—as the 2024 Class of Influential Leaders.

The annual initiative recognizes notable alums and faculty from AACSB-accredited business schools whose work inspires positive change in the business world and society.

This year's class features faculty who are making an impact through their research, and Amorós Espinosa received the distinction from AACSB for its work impacting Entrepreneurship.

In addition to his role as EGADE's Associate Dean of Faculty, Amorós is the leader of Tec's Entrepreneurship and Innovation with Impact research group.

As an entrepreneurship and new business development expert, he has written over 50 papers, published in major international journals, and co-authored over 30 monographs on entrepreneurial dynamics.

Through his work with the Global Entrepreneurship Monitor (GEM) project, Amorós has participated in evaluating pro-entrepreneurship public policies in different countries. He has also helped the Ibero-American scholar community enhance the relevance of applied management research.

"This recognition granted to Amorós is a testament to his commitment to innovation, entrepreneurship and the development of new businesses. His research has contributed significantly to the understanding and practice of entrepreneurship, as well as to the development of entrepreneurship education, not only in Mexico but also in Latin America and the world," said Horacio Arredondo, dean of EGADE Business School.

Lily Bi, president and CEO of AACSB, highlighted: "Amorós' work shows the potential of research in business schools to address today's critical challenges, generating knowledge that promotes real change in the world."

Now in its ninth year, AACSB's Influential Leaders member spotlight program highlights the value that business schools bring to business and society—whether through the alums who have used their business education to improve the industries and communities they serve or the faculty leading positive impact through their research.

All faculty from this year's class are from one of AACSB's more than 1,000 accredited business schools worldwide. They exemplify the vital role of business school faculty in developing new knowledge that provides timely and relevant solutions for business and societal challenges.

RESEARCH WITH A POSITIVE IMPACT

Amorós is committed to creating a positive impact by promoting entrepreneurship and innovation for local development.

In addition to his research, he has been cooperating as an advisor for the Association of Entrepreneurs of Mexico (ASEM) to develop relevant policy-oriented initiatives that help improve entrepreneurship ecosystems and monitor best practices in new business dynamics.

His work with the GEM project has also influenced the design of public policies for entrepreneurship. GEM is a diagnostic tool for public policymakers to promote a favorable environment for new businesses, allowing them to provide solutions to the most challenging social problems.

Amoros has participated in the evaluation of pro-entrepreneurship public policies in several countries and offered project recommendations to improve their business environment. This work aims to help small and medium enterprises significantly impact their communities' development.

For example, Amorós co-authored a report titled "Challenges and Opportunities for the Incorporation of Companies in Mexico: An Analysis of Commercial Companies," which was prepared by Tecnológico de Monterrey with the support of the Friedrich Naumann Foundation for Freedom and in collaboration with ASEM.

Specifically, the study focused on simplified stock companies and offered recommendations for simplification in incorporating other commercial companies.

Amorós also participated with other researchers in the "Opportunity Amid Disruption" study by GEM. In it, he emphasizes the critical need to transform business according to the United Nations' Sustainable Development Goals to protect the planet and ensure the well-being of present and future generations.

Among other recognitions, Amorós has been awarded the 2023 Rómulo Garza Research and Innovation Award in the Scientific Articles category.

More information about Amorós' research impact and publication can be found here.

The complete list of AACSB's 22 Influential Leaders 2024 can be found here.

 

 

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EGADE - W. P. Carey Executive MBA Students Experience International Practicum in Singapore

Submitted by jose.paz on Tue, 04/02/2024 - 09:43

They attend workshops at SMU, visit the Mexico Chamber of Commerce in Singapore, and explore business strategies at companies like F&N Foods and the ARTC.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Students of the EGADE - W. P. Carey Executive MBA participated from March 10 to 16 in an International Practicum in Singapore, enhancing their understanding of business integration between Latin America and Asia.

This immersive experience, supported by the Embassy of Mexico in Singapore, facilitated encounters with more than 40 companies and key entities such as Enterprise Singapore and Singapore Cooperation Enterprise, highlighted Juan Enciso, the program director.

“This exchange not only strengthened our ties with the Asian market but also allowed us to understand firsthand the innovations and trends shaping the future of business," added the academic leader.

The activities included workshops at Singapore Management University (SMU), visits to the Singapore-Mexico Chamber of Commerce, and business meetings with sector leaders like F&N Foods and the Advanced Remanufacturing and Technology Centre (ARTC), which allowed them to immerse themselves in Singapore's dynamic business ecosystem.

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Revisit the Webinar: Inclusion and Leadership

Submitted by jose.paz on Tue, 04/02/2024 - 08:55

The participation of women in leadership positions in Latin America is still low, though it is increasing, experts warn.

By SOFÍA VALVERDE ZAMORA | EGADE BUSINESS SCHOOL

Inclusive leadership, gender biases, and extended maternity and paternity leaves, among other topics, were discussed in the “Inclusion and Leadership” webinar on March 20th, which was part of the EGADE Future Forum series.

The session featured Lourdes Ocampo, academic leader of the executive program Women Leading Organizations at EGADE Business School, and Eduardo Bolio, Senior Partner at the McKinsey Madrid Office.

The expert emphasized the importance of addressing leadership without gender distinction.

He pointed out that "Leadership is the ability of a person to mobilize constructively a team of resources, people, or materials to achieve a very specific goal."

Bolio also broke down the prevailing leadership styles in the business context, noting a tendency among women towards more collaborative and empathetic approaches, in contrast with the more direct and populist tactics observed in men.

For her part, Ocampo highlighted the tangible effects of diversity in executive leadership.

“Organizations' revenue increases when there is a higher percentage of women in these high-level positions,” Ocampo stated.

Despite the tangible improvements that inclusion can bring to company results, Bolio stressed that the participation of women in leadership positions in Latin America is still scarce, though it is on the rise.

REVISIT THE WEBINAR
 

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AACSB Webinar: Horacio Arredondo Highlights Role of Business Schools in Sustainable Development of Latin America

Submitted by jose.paz on Mon, 04/01/2024 - 08:23

In a region like Latin America, social impact initiatives of higher education institutions play a fundamental role, says Dean of EGADE Business School.

By SOFÍA VALVERDE ZAMORA, JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Within the framework of the AACSB International Latin America Webinar Series, Horacio Arredondo, Dean of EGADE Business School at Tecnológico de Monterrey, delivered the talk "Being and Appearing: Ideas and Practices for Generating Social Impact."

The webinar focused on the crucial role that higher education institutions, particularly business schools, play in promoting sustainable development in Latin America and exploring innovative social impact initiatives.

Presented by María Baltar, Regional Head Americas of AACSB, Arredondo offered a comprehensive vision of how practices and strategies implemented by EGADE Business School align with its purpose: “Rethinking the future of business to impact the sustainable development of Latin America.”

Furthermore, he highlighted the importance of understanding Latin America's specific context to design initiatives that truly address regional needs.

"We face an unprecedented opportunity to transform our institutions, making them more relevant and enhancing their contribution to the future of our countries," emphasized the Dean.

Arrendondo firmly believes in business schools' transformative role, "Beyond teaching and research, they must assume their responsibility as educational institutions to foster social impact."

He noted that this approach is evidenced in EGADE Business School's active participation as a signatory and Champion of PRME. This Global Compact initiative promotes responsible business education in the United Nations 2030 Agenda for Sustainable Development context.

Another example he added, highlighting the commitment and leadership of EGADE Business School to drive business transformation towards sustainable impact, is the EGADE Action Week. This innovative forum earned the Best CSR and Sustainability Initiative award at the AMBA & BGA Excellence Awards 2024.

He also highlighted initiatives such as the delivery of a study for a proposed law to the Energy Commission of the Chamber of Deputies, the launch of the VIVA Idea Schmidheiny Chair in Sustainable Futures at EGADE Business School, and the signing of an agreement with the Secretariat of Equality and Inclusion of the Government of Nuevo León.

Additionally, the Dean underscored the need for constant monitoring and adjustment in social impact processes to ensure their effectiveness and relevance. Arredondo concluded his intervention by pointing out businesses' ability to generate trust and foster positive changes in society, considering them fundamental pillars of growth and sustainable development.

This webinar not only provided valuable insights on the contribution of higher education to sustainable development but also reaffirmed the commitment of EGADE Business School to creating significant and lasting social impact. AACSB International (Association to Advance Collegiate Schools of Business) represents a global nonprofit organization that brings together educational institutions, businesses, and other entities committed to advancing business education.

EGADE Business School proudly holds AACSB International accreditation, a recognition that evidences the School's commitment to educational excellence and continuous improvement and positions it within the elite of global business schools, being part of the select "triple crown" of accreditations.

This distinction is granted only to those business schools accredited by the three most prestigious international organizations in the sector: AACSB, AMBA (Association of MBAs), and EQUIS (European Quality Improvement System).

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EGADE Highlights Nearshoring, Reshoring During Global Network Week

Submitted by jose.paz on Tue, 03/26/2024 - 08:35

The week features sessions with experts, a corporate visit to Metalsa, and cultural tours in Monterrey, expanding students' global perspectives on innovative business strategies.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School of Tecnológico de Monterrey hosted the course "Navigating the Business Environment: The Regional Challenges of Integrating Reshoring & Nearshoring in North America" as part of the Global Network Week in its March 2024 edition.

Held in Monterrey, the program brought together 34 students from 13 nationalities, representing seven business schools part of the Global Network for Advanced Management (GNAM):

  • EGADE Business School (Mexico)
  • ESMT Berlin (Germany)
  • Hong Kong University of Science and Technology Business School (Hong Kong SAR, China)
  • INCAE Business School (Costa Rica)
  • Koç University Graduate School of Business (Turkey)
  • Renmin University of China (China)
  • UBC Sauder School of Business (Canada)

Global Network Week has started at #EGADE MTY!

34 students from around the 🌎 will learn about the regional challenges of integrating Reshoring & #Nearshoring in North America. @AdvancedMgmt #GNW2024
🇩🇪 🇭🇰 🇨🇷 🇹🇷 🇨🇳🇨🇦🇲🇽 pic.twitter.com/2b8DxYcerT

The course aimed to provide a deep understanding of the challenges and opportunities in the North American region, exploring structures, production and service chains, and strategies to incorporate the benefits of nearshoring and reshoring.

Throughout the week of March 11-15, participants delved into a series of academic sessions led by professors Daniel Maranto, Eduardo Saucedo, Jorge A. Martinez, Mario Saldaña, Raúl Montalvo, and Félix Cárdenas, as well as Jerónimo E. García De Brahi, CEO of Grupo FOREM, who shared their insights on Mexico's macroeconomic conditions, innovation, financial markets, and entrepreneurship within the context of the United States-Mexico-Canada Agreement (USMCA).

Additionally, the program included a corporate visit to Metalsa, where students firsthand experienced how a leading company implements nearshoring practices.

The activities were enriched with cultural tours in Downtown Monterrey, highlighting the Mexican History Museum, the Santa Lucía Riverwalk, and the Fundidora Park, offering students a unique view of the region's culture and heritage.

The program concluded with team final presentations and a closing ceremony, where students enjoyed a music and dance performance from Northeastern Mexico by the folkloric company Raíces.

Simultaneously, during the Global Network Week of March 2024, 80 students from EGADE Business School participated in various courses taught by different member business schools of GNAM, including the one offered in Monterrey, around the world in 14 countries.

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Innovation, Energy Transition Discussed at Seventh Energy Meeting in Monterrey

Submitted by jose.paz on Thu, 03/21/2024 - 14:11

Over two days, participating leaders and experts discussed everything from technical and regulatory aspects of the energy sector to innovations and strategies for sustainability and economic development.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

The Seventh Energy Meeting, organized by the Nuevo León Energy Cluster in conjunction with EGADE Business School of Tecnológico de Monterrey, explored the energy sector's challenges and opportunities.

The event took place on March 19 and 20 at the EGADE Business School in Monterrey. It featured the participation of academic leaders, executives from the energy industry, consultants, specialists in energy law, and government representatives.

At the opening, Horacio Arredondo, Dean of EGADE Business School, emphasized academia, industry, and government collaboration as key to driving energy innovation and competitiveness.

“The energy sector faces challenges such as climate change, increasing demand, and technological advancements. In light of this reality, there is a need to modernize regulation and accelerate innovation, to strengthen local efforts and foster a more inclusive economy,” he added.

He also recalled the submission of the document “Challenges and opportunities for distributed generation in Mexico” to the Energy Commission of the Chamber of Deputies, reaffirming the leadership and commitment of EGADE Business School to the country’s energy future.

The opening also saw participation from César H. Cadena and Amado Villarreal, President and CEO of the Nuevo León Energy Cluster, respectively, and Alfonso Martínez, head of the State Secretariat of Environment, who delivered the inaugural lecture “Reliable, accessible, and sustainable energy.”

The meeting covered four thematic axes: the analysis and projection of the electric sector, the definition and challenges of energy policy and the hydrocarbons sector, the presentation of advances in energy innovation, and the discussion of strategies for the energy transition towards more sustainable practices.

On its first day, the program, consisting of presentations, lectures, and panels, began with an analysis of the current direction of the electric sector, followed by discussions on business challenges in the sector, highlighting the implications of the power balance market and strategies for cost reduction and CO2 emissions.

Rolando Fuentes, research professor at EGADE Business School, delivered the lecture “Nearshoring and the challenges of the electric sector,” noting that company relocation exacerbates existing problems in the electric energy sector.

Within the electric sector theme, regulatory proposals in energy matters were also highlighted, anticipating policies and trends for the 2024-2030 six-year term.

The second day of the meeting focused on energy policy and the hydrocarbon sector. Régulo Salinas, President of the Energy Commission of the Business Coordinating Council (CCE), proposed an energy policy from the private sector perspective.

Renewable gases or biomethane and the challenges of the hydrocarbon sector were also analyzed.

In another thematic axis, an energy innovation panel was presented. Startups from Israel shared their technological developments, pointing out the importance of entrepreneurship and innovation in the sector.

Energy transition and corporate sustainability were also crucial topics in the event’s discussions, exploring storage alternatives, electromobility in distributed solar generation, and the challenges of electromobility in Mexico.

Additionally, socio-environmental regulation, energy justice, and community development were addressed, emphasizing the need for equitable and sustainable development.

The closing ceremony highlighted the contribution of EGADE Business School through the message of the Associate Dean of Research, Osmar Zavaleta, pointing towards a continuous commitment to energy innovation and sustainability.

“Energy innovation is the key to a more prosperous and sustainable future. From emerging technologies to disruptive business models, innovation is transforming the way we produce, distribute, and consume energy. We must foster a vibrant innovation ecosystem that stimulates creativity and entrepreneurship and allows us to meet the energy challenges we face,” stated Zavaleta.

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EGADE and TSE Students Join in the Second Finland-Mexico Innovation Camp

Submitted by jose.paz on Tue, 03/12/2024 - 20:51

Students from both schools collaborated to generate innovative solutions for a complex health problem such as obesity.

By SOFÍA VALVERDE ZAMORA | EGADE BUSINESS SCHOOL

Students from the Master in Business Management (MBM) at EGADE Business School at Tecnológico de Monterrey and the Global Innovation Management (GIM) program at Turku School of Economics (TSE) collaborated in the second edition of the Finland-Mexico Innovation Camp (FINMEXINNO).

For two weeks, from February 19 to March 1, students from both schools teamed up in Turku and Monterrey with a “co-innovation” approach to generate innovative solutions for a complex health problem such as obesity.

“It has been very interesting to create this cooperation and learning platform with our partner from Finland. Solving complex problems from different perspectives, such as education, research, industry, and government, is a common effort. It is important to create these collaborative ties both with actors external to EGADE and with internal actors such as the Obesity Research Institute of the Tecnológico de Monterrey,” commented Sascha Fürs​t, research professor at EGADE Business School and promoter of FINMEXINNO.

This initiative of EGADE Business School and TSE is supported by the Finnish National Agency for Education—TFK (Team Finland Knowledge), an entity that encourages the international exchange of students and promotes innovative collaborations between Finnish and Latin American universities and institutions.

A total of 11 students from both schools had the opportunity to meet representatives of Finnish and Mexican companies, from startups to large companies, as well as researchers and experts in various fields, who shared their ideas to develop Design Thinking and creation processes. of service prototypes.

The EGADE Business School-TSE collaboration began in 2022 with a joint virtual course in which 100 students from both schools participated, and the first edition of FINMEXINNO was held in 2023.

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