Visionary Leadership Global Business Excellence Innovation and New Business Creation Personal Growth

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1 TURKU A Journey Far Starts from Near Visionary Leadership Global Business Excellence Innovation and New Business Creation Personal Growth Turun kauppakorkeakoulu Turku School of Economics

2 Turku School of Economics Aiming at the highest levels of quality Welcome to the future-oriented executive MBA Turku! Turku School of Economics has developed into an established and well-respected institution in international academia. Its many awards for research papers and the high-quality research-based teaching reflect how seriously TSE takes the need to meet international standards. We take pride in our internationally recognised and respected personnel. We are proud of the networks that we form with our partners at other respected universities and with business, in Finland and abroad. We are also proud of our students who disseminate the unique knowledge offered by TSE. Without these networks, we would not be able to report our repeated success stories in teaching, research, and in making an impact on society. TSE is also renowned for its excellent facilities for studying and work. Diverse learning methods are used, and interaction plays a major role in the education provided. The personnel of TSE endeavour to ensure that TSE excels in all its activities, and they also constantly seek new opportunities to network and collaborate with respected international and national players. I can guarantee that collaboration with TSE is always a good investment. The emba Turku programme is strongly oriented to the future, and aims at providing knowledge and skills on how to look far ahead. Drawing from the specific areas of expertise in the faculty of the Turku School of Economics and the University of Turku, emba Turku programme creates great potential for growth in leadership. The particular strengths of the programme include an excellent student body and teachers, strong ties with the business world, unique processes for personal growth, and outstanding support for learning from a highly competent emba team. The structure of our highly regarded programme is based on four specific and unique focus areas: visionary leadership; global business excellence; innovation and new business creation; and personal growth. These perspectives are employed to create an executive programme with a balanced mix of latest academic knowledge, practical business competence, real-world business cases and company visits, development projects that benefit the company, and peer-learning. We believe in personal development that begins with acknowledging and appreciating one s own potential and qualities as a leader. The journey far starts from near. Dean Markus Granlund Turku School of Economics Director Ulla Heinonen TSE exe Turku School of Economics 2

3 TURKU The executive MBA (emba) Turku is a leadership development programme offered by the Turku School of Economics. The emba Turku aims at providing visionary leaders with a desire for renewal in the constantly changing international environment. The emba Turku programme offers executives, managers and specialists the latest academic research combined with practical business applications. Special features of the emba Turku include futures studies, entrepreneurship, and innovation. Cross-cultural communication and networking skills as well as learning both from and with each other are fundamental elements in emba Turku studies. The emba Turku is two and a half year part-time programme which can be completed while working. Completion of the emba programme is valued in the business world and stands as solid proof of the advanced competencies of the person earning this qualification. It signals an employer s willingness to invest in developing its personnel. Great leaders lead by example and look for opportunities to continuously and consciously learn and develop themselves. At TSE exe we offer a stimulating learning environment and executive programmes that encourage students to get out of their comfort zones and explore new ways of thinking in order to deliver lasting value for themselves and their organisations. Programme Manager Tiina Karsikas TSE exe Turku School of Economics 3

4 Solid business competence for instant application With the emba Turku you will: Become a visionary leader who is future-oriented, capable of business foresight, strategic thinking, and transformative leadership, and who can stimulate and inspire others. Gain strong and current knowledge on relevant areas of global business excellence and related disciplines, as well as the ability to operationalise this knowledge in a global business environment. Learn to recognise and exploit the opportunities presented by strategic new business creation in different organisational contexts and in searching for innovation, renewal, and growth. Develop as a person in the areas of critical thinking, communication skills, network thinking, and intellectual stimulation all backed up by philosophy, history, arts, and culture. These four key learning objectives form the basis of the programme content and guide learning processes throughout the programme. Together, they form a unique combination of knowledge and skills, which enables our students to develop as leaders, managers and as individuals, and to deliver real benefits to their organisations. During my emba studies, I strengthened my business competence and broadened my perspective. Anna Johansén Managing Director Duetto Group 4

5 Visionary Leadership Strategic Leadership Strategy Futures Studies and Corporate Foresight Global Business Excellence Accounting & Finance Marketing, Sales and Value Chain Management Corporate Responsibility Economics and Society International Business and Organisation emba TURKU FOCUS AREAS Personal Growth Leadership Skills and Emotional Intelligence Interaction, Communication and Networking Skills History, Arts, Cultures and Philosophy Critical Thinking and Information Processing Skills Innovation and New Business Creation Entrepreneurship Innovation and Creativity Management Dimensions of learning in the emba Turku Programme Knowledge Acquiring new information, developing in-depth understanding, and learning to integrate theory with prior knowledge and work experience. Application Developing abilities to apply the acquired knowledge and tools in practice. Synthesis Developing one s mindset for creative and critical thinking and for use of the acquired knowledge meaningfully in diverse business contexts. 5

6 Studying in the emba Turku programme The classroom activities in the emba Turku programme are interactive, promoting inspiring discussions. Various learning methods are used, ranging from lecturing, group work, workshops, cases, debates, and company visits to reading material, assignments, and thesis work. The learning process is facilitated by TSE exe s learning platform, which can be easily accessed with the Apple ipads the students are given. The foreign study trips included in the programme broaden the participants perspectives on business, deepen their understanding of the globalising business environment and enhance the skills they will require to lead international operations. The versatile personal assignments included in the programme ensure that the knowledge and skills acquired through study are instantly applied for the benefit of the student s organisation. The participant can bring to the table a critical reflection of the current state of affairs, and will have consulted with experts and fellow students on problematic areas to offer an unparalleled source of insight into organisational development. The aim of the thesis work is to resolve a current, practical business challenge, in the student s own organisation. Theories and results from academic research are used as analysis tools as well as sources for lessons learned and fresh perspectives. In the process, the students not only gain expertise in the chosen topic but also enhance their analytical skills and hone their writing, reporting, and presentation abilities. emba Turku offered a very good way to learn I got a lot of new insights as we combined academic theory with practical things from day-to-day business and also from my own work experience. The diversity of the group and the inspiring fellow students gave me a lot during the studies and the network will be a valuable asset in the future as well. The studies started a personal growth process, which I believe will lift me to a totally different level as a person and as a leader. Tuomas Vasama CFO Auramarine 6

7 Interactive classroom activities emba thesis LEARNING FROM AND WITH EACH OTHER TOTAL 90 ECTS NETWORKING Selected readings Strategy and futures report Study visits abroad Personal assignments and group work Peer and senior mentoring Company visits We make available to our students the expertise of top national and international academics and business people who work at the forefront of global business research and in global business. These experts are highly motivated and committed to sharing their knowledge and experience with the participants in the emba Turku programme. Discussions and debates with them give the emba students an excellent opportunity to test their own beliefs and ways of working. Programme Manager Pia Toivola TSE exe Turku School of Economics A leader often makes decisions alone. In emba Turku one of our goals is to offer for the participants possibilities for exchanging ideas and experiences. The peer mentoring process enables discussions regarding leadership and life in general with a fellow participant. During the final year, a group of qualified senior mentors offer their extensive experience for the use of emba participants. Programme Manager Tiina Ruohisto TSE exe Turku School of Economics 7

8 Lifelong learning and continuous development Each emba Turku group contains students, representing several industries, functions, age groups and cultural backgrounds. A group might include engineers, lawyers, entrepreneurs and medical doctors and the typical emba student has several years of management experience and a great leadership potential. A common feature of our participants is their willingness to learn more and develop themselves. Participants contribute their varied experience and diverse perspectives to the programme. The students are willing to share their knowledge and experience and to learn with and from fellow students. Networking is an important part of the emba programme and future careers, and it also creates business opportunities within the group. emba has given me a great opportunity to develop my skills as a leader working in a young and energetic work environment. One part of this development comes from the support of fellow students and the views from different businesses. I also feel that I have had a chance to influence what I study and how I am doing it. Antti Järvinen Managing Director Jimm s PC-Store 8

9 For me, the key in participating in the emba programme was to deepen my business competence, broaden my strategic thinking and enhance my leadership skills. As a big bonus, the network of skilled executives and experts brought about by the programme proved to be no less important than the sound knowledge and inspiration gained! Marianne Slotte Head of Procurement, Nordic Region Bayer Nordic SE For me, the emba Turku programme has been a journey from the past to far into the future. I have noticed the transformation in myself from a general manager into a visionary leader. I have found a new spirit for leading everyday practices! Mika Kontio Chief Officer of Rescue Services Southwest Finland Emergency Services 9

10 Study journeys abroad The emba Turku programme includes two mandatory and one optional international study journeys, which provide a truly global view by looking into businesses abroad, extending networks, and stimulating a welldeveloped cross-cultural competence. The programme of the study journeys is organised in cooperation with our highly acclaimed international partners. Our international partners include: The Chinese University of Hong Kong Founded in 1963, The Chinese University of Hong Kong (CUHK) is a forward looking comprehensive research university with a global vision and a mission to combine tradition with modernity, and to bring China and the West together. As a top university in Hong Kong and Asia, CUHK aims to nurture students with both specialised knowledge and wisdom for life. The University of Texas at Austin McCombs School of Business One of the largest and most distinguished business schools in the country, the McCombs School of Business at The University of Texas at Austin is dedicated to educating the business leaders of tomorrow while creating knowledge for industry and society. FUTOUR Nomadic Future Center, Italy FUTOUR is an Italian concept company designing and accompanying the co-creation of environments favourable to innovation, usercentric development of services, products and decision-making processes. Having operated in over 30 countries, FUTOUR is part of the international network of accelerators of creativity and innovation through participatory design. The emba Turku provided new perspectives for my leadership development and broadened my strategic thinking in particular. The high-standard international and domestic lectures, practical assignments, and interesting peer and senior mentoring sessions have offered the participants different views, so as to challenge the old ways of doing things. Company visits and study journeys abroad have brought an understanding of different organisations, businesses, business competencies and cultures. Anu Keskinen Development Manager SOK 10

11 Real benefits with business impact Benefits for the participant Leadership and management skills. Understanding of global business dynamics. new and innovative ideas within the organisation. development. Highly regarded executive MBA degree. Visionary thinking in a global and complex business environment. Enhanced communication and negotiation skills also in English. Entrepreneurial skills both for developing new ventures, and for implementing Powerful network of people with passion for learning and personal Benefits for the organisation tangible ideas and solutions. Up-to-date practices, knowledge, and expertise that benefit the entire organisation. Assignments and thesis contribute to the organisation s needs by providing Strengthened employer brand. emba studies support talent management. emba studies gave me an opportunity to grow my own leadership toolbox: no matter what your experience and background is, it is always possible to learn more about the different dimensions of leadership. Kenneth Sundberg Senior Vice President, RD&I Tikkurila 11

12 Success through support and encouragement Mentoring is an important part of the emba Turku. In peer mentoring, a fellow student is used as a mirror of one s leadership development and as a source of insight on one s own strengths and weaknesses. In the final year of the emba Turku programme, experienced senior mentors support the learners and encourage them to manage their own learning, maximise their potential, and develop their skills and performance so that they are able to become the best leaders they can be. For me, the peer mentoring process was mind opening. Networking with fellow students remains an invaluable asset for my future. Overall, I would argue that emba Turku has particularly changed my way of thinking about business, leadership, and management. Sammeli Liikkanen Head of Technical and Data Warehouse Services Orion The emba Turku offered me an excellent vantage point on business knowledge and provided management and leadership skills. Still, the greatest value for me as a young leader came in learning from the more experienced leaders and managers. Fellow students and the senior mentors were able to offer knowledge that can never be gained from books. Jussi Juntunen Area Manager for Southern Finland Anvia Business Services 12

13 Active learning and networking opportunities The emba Turku alumni group offers an active forum for all emba graduates, so they can continue to share experiences with others after completing their studies. Organised events, seminars, and meetings offer opportunities to make new connections and to stay in contact with the Turku School of Economics. The alumni group creates a professional forum enabling graduates to keep abreast of the new academic studies, to continue their personal and professional growth, to have fun with friends, and even to do business. For me as an engineer, one of the main things I ve learned in the emba programme is to see the different shades of grey, not just colours. I ve recognised that what matters is how you use and apply the information and knowledge gained. The bonds within a diverse group of people with various backgrounds made the discussions colourful and fascinating. The emba Turku course made the students on the course a team, and the team became friends and brothers-in-arms for life. Rainer Knuts Managing Director Fläktwoods 13

14 Admission requirements and application The emba Turku programme is for executives, managers, specialists and entrepreneurs who have: Bachelor s degree or equivalent managerial position Desire to learn and develop Minimum of 5 years of work experience in a Good command of both written and spoken English Motivation to commit to the studies For information on application, programme fees, and dates, please contact the TSE exe team or visit our Web site. emba Forum

15 TSE exe - Committed executive development partnership TSE exe Turku School of Economics Executive Education and Development at the University of Turku offers a professional leadership development partnership for business and public organisations with over 30 years of experience in executive development. TSE exe runs executive MBA, open enrolment programmes and customised training programmes for executives, managers and experts in private and public organisations. Executive MBA (emba) Turku is an international leadership development programme focusing on visionary leadership, global business excellence, entrepreneurship, innovation and creativity, and personal growth. TSE exe open enrolment programmes cover a selected range of management topics. They develop and extend business competencies and offer high-impact learning in a one year time frame. Examples include: JOKO Turku is a general management programme with special emphasis on corporate foresight and business development. Credit Management is a programme focusing on developing business competences in the field of credit management. The customised programmes combine sound understanding of the specific requirements of organisations and strategic business objectives with the latest academic knowledge, creating a strong foundation for the development of high-performance business expertise. Turku School of Economics Turku School of Economics is a tight-knit international community in the field of economics and business studies. This community includes almost 3,000 undergraduate and postgraduate students, 200 researchers and lecturers, and hundreds of exchange students and students complementing their education. Founded in 1950 on the initiative of business life, Turku School of Economics is known for its close cooperation with the business world. This practice-oriented School organises research and education from the business management perspective. 15

16 Turku School of Economics TSE exe Director Ulla Heinonen Tel Programme Manager Tiina Karsikas Tel Programme Manager Tiina Ruohisto Tel Programme Manager Pia Toivola Tel Turku School of Economics Rehtorinpellonkatu Turku, Finland Turun kauppakorkeakoulu Turku School of Economics