Insights

Executive MBA students learn how to transform business ideas into reality at ECE

10 June 2016

At an entrepreneurship bootcamp at the Erasmus Centre for Entrepreneurship (ECE), 45 executive MBA participants from Rotterdam School of Management, Erasmus University (RSM) developed their initial startup ideas into viable and credible startup propositions. The intensive one-day workshop took place on the ECE Campus on 3 June 2016.

The 45 participants from RSM’s Executive MBA (EMBA) Classes of 2016 and 2017, and Global Executive OneMBA Classes of 2016 and 2017 joined the bootcamp to develop their personal entrepreneurial attitude.

Moving forward

British EMBA student Rami Zaki said he had a start-up idea but “we were in need of guidance to validate our idea and push us the extra yard to transform our business idea to something tangible.” He said the ECE bootcamp was useful in enabling him to further develop his start-up idea. “We now better understand our customers and are becoming more customer-centric, and can move forward in small increments or pilots,” said Zaki.

The ECE bootcamp was organised by the Erasmus Centre for Entrepreneurship. It is a dynamic mix of mini masterclasses, team presentations, break-out workshop sessions, and an energetic pitch training and competition. Each student team must enter the bootcamp with at least one very rough, initial business idea.

 In this workshop, students explored opportunity evaluation and refinement, business modeling, customer development, assumption identification and testing. “Entrepreneurship is not just about start-ups,” says Dr Ferdinand Jaspers, programme director at ECE. “Entrepreneurship is a bigger, greater thing relevant for any professional in any organisation. It’s becoming more and more important,” he said.

Impact on society

The adjunct professor of entrepreneurship at RSM added that customer orientation becomes a topic of more importance in large companies these days. “That is, according to me, what entrepreneurship is all about – creating value and capturing it.”

Jaspers said he notices that master and MBA students want to have a purpose in life. “There is always a bigger thing behind what they’re doing on a daily basis, and entrepreneurship is the answer to that. It helps them create value, have an impact on society or specific users or customers.”

More information

Erasmus Centre for Entrepreneurship (ECE) is based in Rotterdam and offers a learning environment where companies become better at entrepreneurship by gaining new insights and turning ideas into innovations. ECE supports startups, SMEs, as well as corporates in this process through a combination of a strong academic background and a community filled with experienced entrepreneurs. The ECE Campus is home to more than 50 innovative companies and the stage for many entrepreneurship events.

For more information on ECE or on educational opportunities, please give us a call on +31 10 302 1331 or send an e-mail to info@ece.nl.

Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s leading business schools, and ranked among the top three for research. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who carry their innovative mindset into a sustainable future thanks to a first-class range of bachelor, master, MBA, PhD and executive programmes. www.rsm.nl

For more information on RSM or on this release, please contact Marianne Schouten, Media & Public Relations Manager for RSM, on +31 10 408 2877 or by email at mschouten@rsm.nl.

Source: RSM

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