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Congratulations to Doireann Sheelan, a DCU Executive MBA student, who received a Special Award for her individual contribution at the recent MBA Association of Ireland Strategy Challenge competition, held recently at Waterford Institute of Technology.

Doireann was part of team, with fellow Executive MBA Students Kalum King, Neil Curran and James Cannon, who presented on the case study “Turkish Airlines – Widen Your World”. While they did not win the competition (the prize went to WIT) they acquitted themselves admirably receiving great praise from the judges for the depth of their analysis.

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DCU Executive MBA Team (Kalum King, Neil Curran and James Cannon)

This annual competition, hosted by the MBA Association of Ireland (MBAAI), attracts entrants from all the universities and institutes of technology in Ireland that run MBA programmes. Peter McNamara, Professor of Management & Head of School at NUI Maynooth, and Chairperson of the competition, commented: “All four of the teams did a very good job of analysing the case and making recommendations, especially under considerable time pressure.”

The DCU Executive MBA is now recruiting ambitious participants for September 2016.

For more information, visit postgrad.dcu.ie/mba or  email mba@dcu.ie.

 

Pictured is the DCU MBA team with the MBA Association of Ireland President Alacoque McMenamin,

Give yourself the competitive advantage with DCU Business School. If you want to take your career to the next level, DCU Business School has the part-time postgraduate programme to help you realise your full potential. Part-time study is a very efficient way of raising and updating your skills while keeping your foot firmly in the professional world.

Our part time programmes are tailored for those who want to continue working while studying and usually involve committing a number of afternoons or evenings each week to attend classes or lectures. Undertaking a part-time postgraduate course can be of great benefit to personal and professional development as well as for career progression.

We are currently accepting applications for September 2016 via the Postgraduate Applications Centre (www.pac.ie/dcu) for the following part-time postgraduate programmes:

For details on our full-time postgraduate programmes, please click here.

 

The DCU Executive MBA programme exposes participants to top-performing experienced professionals from international and national business who share their insights on such themes as strategy, leadership, digital technology, entrepreneurship and innovation.

On Thursday 14th April 2016 we had our final MBA Executive Speaker Series for the academic year. Rob O’Toole, Head of HR Shared Services for the Irish Civil Service joined us to share his experiences of Talent Management across the public and private sectors.

The DCU Executive MBA is a two-year part-time programme that is widely recognised as the degree of choice for rising executives with ambitions to be Senior Managers/CEOs, whatever their specialist backgrounds.

DCU is Ireland’s University of Enterprise, which influences and drives our industry engagement strategy and MBA programme design. Our MBA participants learn from academic experts with a high level of industry relevant experience and translational research. This ensures graduates have the most up-to-date knowledge of theory and practice.

Learn more about DCU’s Executive MBA programme

As the business world continues to recover from the ravages of the recent recession, many experts now warn that we are far from returning to a business-as-usual scenario. Whether it is Rita Gunther McGrath of Columbia Business School telling us that we have entered a new “transient advantage” era, Joseph Badaracco of Harvard calling it a new “Schumpeterian” recombinant economy or Scott Anthony of Innosight (Clayton Christensen’s consultancy arm) terming it the “great disruption,” few expect the old assumptions and formulas that brought success in the past to continue to be effective in the coming decades.

Richard Dobbs, James Manyika and Jonathan Woetzel of McKinsey have just published a new book called No Ordinary Disruption (New York: Public Affairs, 2015) in which they have identified “the four global forces breaking all the trends.” The four are (1) the shifting locus of economic activity and dynamism to emerging markets like China and India, and, more particularly, to about 400-500 cities within those markets, in what they call a “new age of urbanization”; (2) the acceleration in the scope, scale, and economic impact of technology, where the effects of ongoing, rapid advances in processing power and connectivity are being amplified by the big data revolution, the mobile Internet and the “proliferation of new technology-enabled business models;” (3) global demographics and the aging of the human population, where more than 60% of the world’s people already live in countries with fertility rates that have fallen below replacement rates; and (4) ever-increasing global economic interconnectedness and the  expansion in the flows of capital, people and information associated with it, where “south-south” flows between emerging markets have doubled their share of global trade over the last ten years. Taken together, these four shifts are producing “monumental change.”

To take just three examples of how rapidly and radically the world as we have known it up to recently is being transformed, in December 2014 “Cyber Monday” generated $2.65B in online shopping, but just a few weeks earlier on November 11th, China’s “Singles Day,” Alibaba recorded the world’s highest ever single day e-commerce trading total of $9.3B; earlier, in February 2014, Facebook acquired a 5-year old start-up for an amazing $19.3B, and in September 2014, the Indian Space Research Organization successfully put a spacecraft into orbit around Mars, and for a total cost of only $74M, less than it took to produce the award-winning film, Gravity.

The big implication from No Ordinary Disruption is that all CEOs and corporate strategists will have to learn to “reset” the intuitions that up to now have been guiding their perceptions about future opportunities and challenges. “We have to rethink the assumptions that drive our decisions on such crucial issues as consumption, resources, labour, capital and competition.” According to the McKinsey authors, the era we have already entered is full of promise, but also more volatile and “deeply unsettling,” and for business leaders, the intellectual integrity to be willing and able to see the world as it really is, and the humility and persistence to keep learning, have never been more needed. The recent past is no longer a reliable guide to even the next 5 to 10 years, and imagination, not just experience, is now at a premium.

Professor Brian Leavy is a Professor of Strategic Management at DCU Business School and teaches strategy on the Executive MBA programme. Prior to his academic career, he spent eight years as a manufacturing engineer with Digital Equipment Corporation, now part of Hewlett Packard. Brian’s teaching and research interests centre on strategic leadership, competitive analysis and strategy innovation, and he has published over 80 articles, chapters and book reviews on these topics, nationally and internationally. 

To learn more about the Executive MBA click here

To attend our upcoming taster evening click here

Recent research conducted at MIT and Harvard University found that organisations with successful digital strategies were 26% more profitable than their industry competitors and generated 9% higher revenue from their employees and physical assets’ (Westermann et al, 2014).  In an age of disruptive technologies, constant global and organizational change, and the fast-paced erosion of competitive advantage, the implementation of a successful digital strategy promises enormous returns on investment for management.  McKinsey estimates that digital technologies have the potential to unlock between $900 billion-$1.3 trillion in value for work organizations (Bughin et al, 2012).

Digital strategies refer to the deployment of information technology (IT) systems, which combine social media tools, e.g. Facebook and Yammar, mobile computer applications, e.g. smartphones and tablets, and virtual data analytics, e.g. cloud computing, to leverage organizational value.  Successful digital strategies are allowing organisations to transform their entire customer experience, exploit greater value from organizational operations, and create new business models that reorder value chains and offer sustained competitive advantage.

Yet, despite such promises we know very little about successful digital strategy implementation, the key challenges organizations are confronted with in introducing digital technologies or the choices management must make to align customer and organizational needs with digital capabilities in order to maximize return on investment.  Considering the potential yields for ROI cited above, it is important that organizational leaders can embrace the opportunities inherent in a digital era whilst avoiding the pitfalls that can be disguised in such opportunities.

In order to answer some of these questions and further explore digital opportunities for Irish companies, last November the DCU Executive MBA programme, as part of the Enterprise Engagement module, visited digital companies in the San Francisco bay area.  Throughout the week our MBAs met with digital leaders from innovative companies such as RocketSpace, OnlyCoin, Cloudflare, and WePay and from more established technology-based companies such as Oracle, Salesforce, and Google.

dcu mba international trip

A key learning across all visits was the importance for organizations to rethink how their strategies can be leveraged to yield digital advantage.  Digital leaders need to move beyond the pursuit of a sustainable competitive advantage and recognize the transformative and ubiquitous nature of digital in restructuring organizational boundaries and hierarchies, recreating entirely new business processes, and creating a porous synergy between all organizational and societal stakeholders in order to support new value propositions and the development of a more transient approach to strategic advantage.

John Loonam is a Lecturer in Management on the Executive MBA Programme at DCU Business School.  He is currently a Special Issue Senior Editor on “Enterprise Social Systems & Organizational Change” with the Journal of Information Technology.

To download the Executive MBA brochure, fill out this quick form:

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[pullquote]“The secret of getting ahead is getting started”. (Mark Twain)[/pullquote]

Wow! It’s hard to believe that we’ve managed to find our way through semester one of year one of our Executive MBA in DCU Business School.

Three months ago the thoughts of returning to college on a part-time basis was a quite daunting prospect, not only from a work-life balance perspective, which was among the predominant concerns of my fellow MBA classmates, but from an academic point of view, where the very thoughts of “Harvard referencing” sent a shiver down my spine.

Despite the significant consideration that went into applying to commence the programme, the reality is that nothing can prepare you for that first term, when work and college commitments collide, forcing you in the early hours of a Monday evening to question the very reasons you took on the challenge.

A colleague on the course tells a story about how, when he was considering applying, everyone he spoke to including past graduates, spoke in glowing terms about the Executive MBA and recommended without hesitation that he sign-up to the class.

Once enrolled however, the tune changed, where those very same advocates of the course told him that he was beginning a process that may well prove to be the toughest two years of his life!

On both fronts, arguably his advisors got it right. For sure the last 12 weeks of lectures and assignments have tested the staying power, and the Christmas break was like the proverbial calm before the storm, as the January exam schedule loomed large on the horizon and DCU library became almost like a second home for close on three weeks.

But the flip side of these stresses and strains, and quiet clearly why any past graduate would recommend an Executive MBA, has its foundations in the relevance of the modules that we completed during our first semester.

Week on week the professionalism and depth of expert lecturing meant that the theory presented every Thursday evening was almost immediately transferable to the work place first thing Friday morning.

Working in financial services the Accounting for Decision-Making module offered the most relevance from a practical point of view, and provided me with a significant amount of detail on hot topics in business lending and financial ratios. This led to an early morning training session with one of the business teams in North Dublin.

In conjunction with this a number of the assignments were based on delving into past events or assessing current work practices and forced us, both individually and within groups, to apply our learning in the most practical sense. The Organisational Behaviour module opened my eyes to the fact that great leaders aren’t born, but are effectively a continual work in progress who strive to get the best from their people, a simple concept perhaps, but clearly one that is extremely difficult to nail down.

The satisfaction from these submissions (though the process was daunting) lies in the fact that by stretching ourselves to understand a particular event or practice we are in fact responding to what is essentially the underlying current of the Executive MBA; personal development.

So with one semester down and three to go we can approach our second semester in DCU Business School with a little less fear and perhaps a mild sense of calm!

This post was written by Coman Goggins, a first year Executive MBA participant. To download the MBA brochure, fill in your details below:

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DCU is hosting a CAO Information Evening for school leavers, mature students and parents on Wednesday 14th January between 6-8pm. The Information Evening will take place in the School of Nursing and Human Sciences in DCU and it will give you the opportunity to:

  • Speak to admission staff about the CAO application process.
  • Meet students and staff from DCU Business School and other faculties
  • Learn about student supports at DCU; eg: HEAR, DARE and Sports Scholarships.
  • Find out more about student life, finance and personal development.
  • Attend a talk for mature students on supports available and 3rd level finance.

 

Experienced DCU academic and support staff will also be on hand throughout the evening to answer questions about courses and studying in DCU.

The evening will progress as follows:

6.00 – 7.30pm: Tea/Coffee and refreshments will be served, and parents/students can speak with DCU students and academic staff about our courses (Foyer of Nursing building).

7.00 – 7.30pm: Talk for mature students on supports available and 3rd level finance available.

7.30 – 8.00pm: Talk for all students on student life, finance and personal development.

7.30 – 8.00pm: Talk for mature students on the CAO application process.

Register to attend here

And if you can’t make it, you can access the Online Q&A Session here!

The National Transport Authority (NTA) has appointed Anne Graham, an Executive MBA Graduate of DCU, as its new chief executive.

Anne, a chartered engineer, previously served as director of public transport services within the authority.

She has also worked as an area manager in the southwest area of Dublin city and with local authorities in Dublin as a civil engineer.

DCU Business School wish her every success in this new role!

Find out more about the DCU Executive MBA

If you missed the Ba in Accounting & Finance Presentation at the DCU Open Day last week, you can find the presentation below! This is the leading course in Ireland for those considering a career as an accountant or in finance related roles. For more information visit dcu.ie/dc115

Sixteen graduating students made history in DCU this week when they became the first class to graduate from DCU Business School with a BSc in Aviation Management (with Pilot Studies).  The students, who have spent four years in full time study, have been hugely successful in securing employment with many taking up jobs prior to even completing their degree. The graduating class of 2014 included two students who have already completed their flight training. Cadets Sam Halpenny and Hosam Karim have both completed a 15 month residential, integrated course with Flight Training Europe (FTE) Airline First Office Programme, based in Jerez, Spain. The FTE Jerez programme takes students with little or no previous flying experience to the beginning of a career as an airline pilot.   DCU chose FTE Jerez as one of its approved flight training providers in 2012.

Dublin City University is committed to supporting the development of a dynamic aviation industry both in Ireland and internationally. In September this year, DCU established the Dublin Aviation Institute, through an innovative partnership with daa International. The Dublin Aviation Institute is a new joint venture designed to deliver global leadership in aviation education and research and is based at both Dublin Airport and DCU.

The Dublin Aviation Institute will enable students to experience a unique combination of academic excellence and a live airport environment, which will enhance and compliment their overall learning experience. It will work closely with industry partners to support the growth of the sector and the increasing professionalization of its workforce.

Earlier this year, the BSc in Aviation Management (with Pilot Studies) Degree Programme at DCU Business School was awarded the Overall Aviation Academic Education Award at the inaugural Aviation Industry Awards. This degree addresses gaps in the education of those entering the aviation industry: for those who wish to become commercial pilots, it offers a route to a professional qualification as a commercial pilot combined with a strong background in business education; for those who see themselves playing other roles in the industry, it provides the necessary expertise to maximise your potential in this ever-changing industry.

The Dublin Aviation Institute has been created through an innovative partnership between

Programme Director, Dr. PJ Byrne (centre) is pictured, with the class of 2014, each of whom graduated with a BSc in Aviation Management (with Pilot Studies).