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Demographic shifts, competition, environment & tech to impact biz in future: Oxford Univ

Updated: May 21, 2014 10:48:35am
New Delhi, May 21 (KNN)  On the 10th anniversary of the Oxford Executive MBA programme, a survey conducted among the alumni said that demographic shifts, increased global competition, environment and technological changes would impact businesses the most in the future. 
“Looking ahead to future challenges, alumni identified demographic shifts (41 per cent), increased global competition (39 per cent), and environmental (35 per cent) and technological changes (35 per cent) as concerns thought likely to have the greatest impact on businesses in the future,” a press release from the Said Business School of Oxford University said.
Alumni were surveyed to identify the impact the Oxford Executive MBA programme has had on their careers and in helping them deliver sustainable success as leaders.
As much as 61 per cent of the alumni clearly indicated the value of the EMBA in helping them develop new ways of thinking to tackle such challenges with many reporting drawing upon key decision making tools, approaches and mindsets from the course when considering such issues, referencing specific lectures, assignments and past conversations with fellow participants as helpful in informing their thinking.
“Their responses provide deep insights into the difference an EMBA can make to performance within the organisation and into the sort of issues these senior executives are currently facing,” the press release said.
Commenting on the survey, “There is lots of interest in identifying the ROI (Return on investment) of MBAs and that is not surprising given the investment such programmes represent, but for EMBA alumni, senior managers who have reached the point in their career when they want to stop and take stock, this is not about financial return but about gaining the insight and resilience to make a much bigger impact within the organisation,’ said Director of the Oxford EMBA, Kathy Harvey.
The survey demonstrated the transformative effect of the EMBA programme with 61 per cent of respondents citing the greatest impact coming from the development of their ‘leadership capabilities and self-awareness’.
During the survey period (late 2013) alumni were facing a number of challenges. Financing for new and viable projects was still proving difficult, changes to the regulatory landscape was hampering innovation and growth, and the ‘war on talent’ was a concern with alumni facing a shortage of suitable qualified, experienced practitioners to help fuel expansion plans.
The programme purposefully includes those issues within the curriculum, to better prepare participants for the road ahead.
Demographic change and the associated business opportunities and challenges was the theme of the GOTO (Global Opportunities and Threats Oxford) online problem-solving initiative across the School in 2013.  Environmental challenges and resource scarcity will be the discussion topic for 2015 among the School’s wider community of alumni, students, faculty and others coming together to develop action-oriented responses to the issues.
To keep pace with the external business environment and the demand for leaders who can take on some of the world’s most complex problems and capitalise on global opportunities, the Oxford EMBA is evolving.
“The changes we are introducing reflect the concerns revealed by the survey and will strengthen our focus on the challenges of strategic decision making and the development of personal presence as a leader, encompassing governance, ethics, reputation and risk,” said Harvey.
Talking about the 10 year journey thus far, Peter Moores Dean of Saїd Business School, Peter Tufano said, “…the Oxford Executive MBA has gone from strength to strength and has come to maturity. It has attracted participants of the highest calibre, many who are senior leaders in their fields who have offered us their invaluable insights.”  (KNN/ES)


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