Presentation of MBA Live SSE MBA Stockholm School of Economics September 2007
Purpose
The purpose of this document is to present SSE MBA and MBA Live.
If there are any questions about SSE MBA or MBA Live, please do not hesitate to contact Robin Teigland, Live Case Coach, at robin.teigland@hhs.se.
More information on SSE MBA can be found at www.sse.edu/ssemba .
More information on Robin Teigland, Live Case Coach, can be found at www.knowledgenetworking.org .
What is the SSE MBA Program?
Takes SSE to the global MBA scene
An intensive 11-month, f ull-time Master of Business Administration program
Each participant pays own tuition of ~300.000 SEK (not company sponsored)
Brings global talent to Stockholm
Class of 2007 of 34 participants with wide-ranging professional experience representing numerous countries, e.g., Canada, Ecuador, France, Germany, Iran, Mexico, Russia, USA
Blends academic prowess with real-world business skills
Encourages problem-based, action learning through knowledge pull and exposure to “live” problems through Live Cases and Projects
Acts as a steppingstone for individuals into top management positions
We take the classroom into reality!
SSE MBA Alumni work at a variety of companies Companies recruiting SSE MBAs Bain Booz Allen Hamilton De Laval E.ON Electrolux Ericsson H&M IKEA Johnson & Johnson Lagerkvist & Partners McKinsey & Company NCSD Nestlé Nordea Orkla Sandvik Scania SEB Skanska Swedbank Tata Consultancy Services
SSE MBA Class of 2008 Diversity in culture and experiences….
France U.K. U.S.A. Guatemala Brazil Canada Germany Italy Lithuania Estonia Bulgaria Russia China India Ireland Sweden
..and in background and gender distribution
Average work experience: 6.5 years (total ~180 years)
Average age: 31 years (25-40)
Gender balance: 50/50 !
Business Adm. (39%) Engineering, Comp. Sc., etc. (21%) Law (7%) Humanities & Social Sc. (32%) Male Female
The core of the SSE MBA program is MBA Live Click here for an article on SSE MBA in Management Magazine (In English) (In Swedish)
ANALYTICAL LEARNING INTERPRETATIVE LEARNING Guest lectures In-the-field activities New Wave Inter-disciplinary, team-based problem solving of real-life challenges Analysis Theory & model application Prior experiences Personal & Professional Development Group Dynamics & Leadership Coaching Prior MBA knowledge SSE MBA courses Research resources Self- awareness Negotiating Conflict management
Company Outcomes
Business Recommendations
Grounded Solutions
Participant Outcomes
- Management Knowledge
- Leadership Skills
MBA Live integrates analytical and interpretative learning Feedback Data collection
MBA Live objectives
For SSE MBA Participants
To develop an understanding of the complexity and dynamics of organizations
To integrate and apply theoretical management concepts and frameworks to live management issues together with managers in real companies
To develop critical leadership competencies
To manage group processes in high-diversity teams, managing external stakeholders, and developing others through feedback
To manage an interactive and reflective team experience
Ensure that everyone (MBA Participants, SSE Faculty, and AC company representatives) learns together through new perspectives and challenging taken-for-granted assumptions
For SSE MBA Live Organizations and Sponsors
To develop feasible recommendations for action to improve the business performance of the organization
To gain fresh outsider, neutral perspectives that spur reflection and new internal dialogues within the organization
For the Stockholm School of Economics
To further strengthen the ties between SSE and the business community
To offer a unique MBA program
Close collaboration with organizations is a prerequisite for MBA Live Previous MBA Live Companies High-tech in Low-tech Stockholm Region
Master Cases T hree month projects in groups of 5
Scania
Organizational issues
Branding issues
Operations analysis
H&M
Key issues for market entry
5 different IT start-ups
Segmentation and targeting
Pricing models
IT branding
For an in-depth look at the 2005
Uppsala BIO Master Case, go to http://www.slideshare.net/eteigland/uppsala-biotech-master-case-overview
MC2 – Jan to Mar 06 MC1 – Aug to Dec 05 MC3 – Apr to Jun 06 e-Services Stockholm Region
Examples of previous Master Case Strategic Challenges
Developing market expansion and foreign market entry strategies
Initiating a diversification strategy
Designing a customer loyalty program
Developing a product launch
Converting from more static budgeting to rolling forecasts
Commercializing a new technology
Developing a branding strategy
Implementing an operational excellence program
Initiating outsourcing
Capstone Projects: 4 month projects in groups of 2
Companies 2006
Ericsson
Bonnier
PP Polymer AB
Wave Arts (US)
LHV (Estonian investment bank)
IBM
Electrolux
Project focus 2006
2 start-ups
Marketing strategy development
Market entry strategies
Value chain transformation
Enterprise architecture value creation
Integration of knowledge based acquisitions
Stora Enso , Board Member
“ I think this analysis is better than any consulting company could have given us.”
“ Here’s my card – please call me concerning the partnership opportunities in Chile.”
Länsförsäkringar , CEO
“ As for the service bundling strategy, I think it is obvious that we have to do some rethinking there.”
Scania executives
"The Live Case has helped us put focus on these issues in the organization.”
"We have met and discussed these important topics in groups that would not have met otherwise.”
"Your analyses are right on the spot!”
H&M , CEO and executives
” This live case really made me reflect on how our company works.”
“ It's good that you tell us these things because we don't want to hear them!"
"I am impressed with this and for the future we want to do more like this experiment."
What do MBA Live Companies have to say about MBA Live?
MBA Live has also resulted in a Biotech Symposium in 2005 Symposium Write-up in Sweden’s Largest Newspaper Click here for more information on the symposium
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