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Business and Leadership Skills for Experienced Physicians

In recent years, there have been substantial shifts in the medical profession, and today’s practicing physicians increasingly need to consider aspects of business, financial planning, and leadership in their daily routines. Typically, such topics are not a part of their medical training, neither while studying nor while interning. As such, WHU – Otto Beisheim School of Management, in conjunction with MLP School of Financial Education, has conceived a specialized Executive Education program for physicians scheduled to start on October 1, 2022.

The Advanced Management Programm für Aerztinnen/Aerzte [Advanced Management Program for Medical Doctors] is a compact, intensive course that combines interactive online trainings and in-class sessions, the latter of which will be hosted first on WHU’s Duesseldorf campus and then later on MLP’s campus in Heidelberg. The program has been tailored to fit a medical professional’s often tight schedule. The modules, which are held exclusively in German, will enhance a participant’s ability to make managerial decisions within the context of the medical profession.

Over the course of two in-person modules, reinforced by a series of shorter online workshops, participants will take a comprehensive view on a wide range of topics that touch upon everything from practical matters (e.g., taxation, finance, and the sale of practice) to more recondite subjects (e.g., leadership skills and coping mechanisms). “WHU and MLP SoFE are confident that these highly specialized experts will benefit from all that is on offer. We want to ensure that we address their specific needs with this new curriculum,” says Executive Education Director Rebecca Winkelmann. “With a mix of face-to-face and online sessions, we offer physicians a distinctly flexible format with the latest insights from health economics and leadership.” Those interested in enrolling in the program should submit their applications through the program website by mid-September at the latest.

WHU is one of Germany’s top business schools, specializing in all topics relevant to finance, entrepreneurship, leadership, marketing, and much more. With a series of open enrollment programs already globally recognized by the Financial Times, as well as numerous partnerships with institutions both inside and outside of Europe, Executive Education at WHU continues to expand its course selection. From programs in advanced management skills and specialized coaching to branding and negotiations, WHU’s catalog has been designed with today’s leaders and managers in mind.

Prospective participants can find out more information here.

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Generation CEO Young Talent Award presented for the first time

The winner of the first Generation CEO Young Talent Award is Franziska Bednarz from Airbus Operations GmbH. In addition to the award, she will receive a 50% partial scholarship for the part-time Global Online MBA at WHU - Otto Beisheim School of Management.

The final round of the Generation CEO Young Talent Award was held last week for the first time and in digital format. The four finalists had to prove their professional know-how, personality, and leadership skills in interviews with the jury, consisting of representatives from Generation CEO and WHU.

"It was a really difficult decision for the jury," reports jury member Dr. Rebecca Winkelmann, Director of the WHU Center for Responsible Leadership & Managing Director Executive Education. "We are very pleased to join forces with Generation CEO to present the Talent Award, and thus jointly contribute to the talent development of women."

"One of Generation CEO's goals is to seek out and promote top female talent. We are pleased that with the Generation CEO Young Talent Award, we can support young, talented women in their career path together with WHU," added jury member Diana Schramm, Managing Partner at SARIVA GmbH.

What is the Generation CEO Young Talent Award?

The Generation CEO Young Talent Award is an annual competition for top female talents, which WHU organizes together with the Generation CEO network with the aim of promoting young female talents and giving them visibility as "role models."

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Financial Times Executive Education Ranking 2022

Both WHU’s Open and Customized Programs receive excellent placements in the renowned Financial Times Executive Education Ranking for 2022

The market for continued managerial education is one that is highly competitive all across the world. With a wide range of offers and differences in quality, those interested take their cue from the renowned global Financial Times Executive Education Ranking, which also takes participant feedback into consideration. Only a few German business schools active in this field make it onto this list of best universities.

WHU – Otto Beisheim School of Management, which offers executive education programs through its campus in Düsseldorf, has made its first appearance in the overall ranking. In the most current Financial Times Executive Education Rankings for 2022, WHU has placed at #28 worldwide and #2 in Germany. This result is the product of a combination between the sub-rankings of the “Open Programs” and “Custom Programs” categories. Participants in the Open Programs need not be enrolled at the school. Rather, they can freely choose from a selection of different courses and bundle them together. WHU’s Customized Programs are specifically tailored to the needs of an inquiring organization—and it is with their recognition that WHU has been able to enter the combined overall ranking.

It is remarkable that WHU’s Open Programs in executive education now stand at #15 worldwide, jumping ahead twenty-two spots since 2020. When looking at schools in Europe, these programs have moved from #20 to #11.

“We are particularly pleased about our program’s outstanding performance in customer satisfaction,” noted Dr. Rebecca Winkelmann, Director of the Open Programs at WHU Executive Education. “We’re already being considered one of the best around the world when it comes to the design and preparation of these courses, and our faculty has much to celebrate.” Winkelmann attributes this positive development to the high-quality further education formats, the high degree of interactivity, a practical focus, and the special networking possibilities for the participants. She sees the resultant rankings as a clear sign that the program’s management team is on the right track.

The Customized Programs WHU has on offer have already reached #57 worldwide and #3 in Germany with its debut appearance. “The conditions during the COVID-19 pandemic were really not easy,” said Dr. Heike Brost-Steffens, Director of Customized Programs. “Companies are still somewhat reluctant to book high-quality, Customized Programs. We are all the more pleased that our long-standing collaborations are being complemented by new partnerships with other companies seeking to benefit from WHU’s excellent research, pedagogy, and practical focus.”

Professor Markus Rudolf, Dean of WHU, also expressed his delight at the news: “Given that executive education is one of WHU’s strategic fields of growth, I am very happy about this positive development. It gives me confidence in the future.”

A detailed look at the results of the Financial Times Executive Education Rankings for 2022 can be viewed here.

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First HPBM Program from IESE and WHU Successfully Completed

WHU – Otto Beisheim School of Management and the IESE Business School have offered their first-ever joint program for top-level managers. The High-Performance Board Member Program (HPBM program), which took place between November 2021 and February 2022, was met with considerable positive reception from participants.

The program modules took place across seven days at three different locations: the WHU campus in Düsseldorf and the IESE campuses in Munich and Barcelona. The group of participants comprised 19 “C-level” leaders active in various industries, including software, media, engineering, corporate consulting, and energy. Hailing from Portugal, Spain, Poland, Russia, Turkey, and Germany, these high-level executives are active in their companies as CEOs, CFOs, executive vice presidents, managing directors, and other capacities.

The program is targeted at executives from all industries who are either preparing to enter or are already active in the boardroom. Professor Markus Rudolf, Dean of WHU and Academic Director of Executive Education, noted, “Unlike most other board programs, ours does not make technical knowledge the main focus. Instead, participants should learn how to ask the right questions and lead their companies strategically.”

The board members and supervisory board members meet with each other, the lecturers, and top-notch guest speakers on common ground to exchange ideas concerning the most pertinent challenges they face in their respective fields and discuss possible scenarios based on practical examples. The program’s small group maintains a confidential, safe environment to allow for such conversation.

“The HPBM program has given me perspective and self-confidence in the best practices of the boardroom and my role within it,” explained Javier A. García Sedano, Founder and Group Director at OPTIMITIVE, summarizing his experience. With two of the best business schools in all of Europe, along with their first-class faculty, the program offers us the chance to meet with top managers and executives from different countries. You get to learn from their experiences and gain a much broader view of the organization and functions of the boardroom. I really enjoyed it!”

This collaboration between WHU and IESE allows participants to earn a joint certificate from two excellent institutions that are both strong in research. In summarizing the goals of the program, Faculty Director, and holder of the Chair of Innovation and Corporate Transformation at WHU, Professor Serden Ozcan said, “The High-Performance Board Program broadens participants’ understanding of the key tasks, dynamics, and strategic challenges of the boardroom and equips them with action-oriented approaches.”

The next High-Performance Board Program is due to start in November 2022. Further information can be found on the program website.

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Cooperation Between WHU and IESE Business School

On November 22, 2021, WHU – Otto Beisheim School of Management and IESE Business School jointly kicked-off the High-Performance Board Member Program at WHU Campus Düsseldorf. It was the first module of a seven-day program which is offered in cooperation by two of the most renowned business schools in Europe.

19 C-level executives from various industries such as Software, Media, Engineering, Non-Profit, Healthcare Services, Consulting, Manufacturing & Production, and Energy experienced a vivid program mix of interactive lectures and networking opportunities. Professor Markus Rudolf, Dean of WHU, was delighted to welcome the executives during the formal dinner on the first day. “It is great to see that two of the best business schools in Europe joined their forces to offer such a high-caliber program for senior executives. It was great to welcome them at our campus in Düsseldorf coming from Portugal, Spain, Poland, Russia, Turkey, and Germany. It makes me proud that we were able to welcome back some of our WHU alumni for the program,” said Professor Markus Rudolf.

During the first part of the program, which took three days, renowned faculty from IESE and WHU including Professor Marc Sachon (IESE), Professor Serden Özcan (WHU), Professor Govert Vroom (IESE), and Professor Martin Glaum (WHU) shared their knowledge on corporate boards, including insights on disruption, and financial reports. Furthermore, Dr. Christian Vocke (Baker & McKenzie) and Jürgen Steinemann (Supervisory Board, METRO AG), shared best practice insights during their guest lectures. Module two and three will take place at the respective IESE campuses in Munich and Barcelona in spring 2022.

The High-Performance Board Member Program is most suitable for executives currently serving on boards and next-generation leaders preparing to transition to a board role. It illustrates the main challenges and responsibilities of corporate boards while using examples taken from real-life scenarios. Additionally, the program offers an opportunity to discuss current challenges in strategic corporate management on an equal footing and in a protected space. It is meant to provide a highly practice-oriented approach and is the starting point of IESE’s and WHU’s fruitful cooperation.

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