Are you ready for the FLEXA experience?

 

Digital innovation is one of the central themes at our School. It all started with the launch of the Flex EMBA, the first Executive MBA digitally delivered, in 2014 and since then our engagement in innovating education has skyrocketed. Indeed, we have just launched FLEXA, the innovative Artificial Intelligence platform developed in partnership with Microsoft to ensure personalized continuous learning to students, Alumni and – soon – to professionals.

How does it work?

FLEXA assesses your spectrum of hard, soft and digital skills to determine where there are gaps to be filled and sets off down the route towards your professional objectives.
Then, taking into account the skill gap to be fixed, the amount of time you have at your disposal and your interests, FLEXA provide you with a range of content designed specifically to improve your knowledge, selecting only high-quality material from certified sources like digital content, events and webinars.

The wide variety of articles and sources provided by FLEXA is helping me to strengthen my management skills; reading stimulating articles, and reflecting upon the insights given by leaders from across the world, is an enriching experience, that enables me to improve my knowledge of management”, explains Alessandro Fadda, MIP Alumnus and FLEXA user.

Yet, FLEXA offers much more.
Students, for example, can also enrich their career development path exploiting FLEXA potentialities, showing part or all of their profile to recruiting companies, that will come soon on FLEXA, to see job vacancies and to receive indications regarding which content to draw on to make their profile more interesting for a specific company.
This is made more effective by the engagement of companies, that can register on FLEXA to publish open job positions, for which the platform delivers a list of suitable candidates, based either on adjustable filters of the company’s choosing.

Start today your FLEXA experience today, join the platform!

Is a specialist Master’s degree or an MBA better?

There’s no answer that’s right for everyone. Before deciding, it’s good to always take two key factors into consideration: one’s professional experience and the objective to be achieved

 

Finding your bearings in the midst of a vast educational offering like that represented by Masters’ degrees can be daunting. Especially if you don’t have a clear understanding of the premises on which Master’s degrees themselves are based, and if you don’t have a clear idea of the objective you want to achieve. Sometimes there are doubts about choosing between two paths, both valid but very different from each other: specialist Master’s degrees and MBAs. How to choose between them?

Your curriculum makes the difference

It’s a question to which Greta Maiocchi, Head of Marketing & Recruitment at MiP-Politecnico di Milano, answers: «The first big difference is given by one’s professional expertise. The specialist Master’s degree is similar to the Master of Science, that is to the specialist degree and therefore, is mainly for those who have just finished a three-year university programme or who has recently started to work. To be eligible for an MBA programme it is instead necessary to have at least three years of work experience».

And it is precisely those who have more experience who, at times, make an error in assessment: «An increasing number of people who have even four or five years of seniority ask us to enrol in a specialist Master’s programme. The problem is that they come to the classroom with a much higher level of knowledge than other participants. These are situations we try to avoid», explains Maiocchi.

A vertical and a horizontal Master’s degree

The second big difference instead, involves the subjects addressed. The specialist Master’s degree has a vertical approach, explains Maiocchi: «It can be on luxury, on supply chains, on energy management, on big data. In short, it develops skills thanks to which one can become skilled in a specific environment or function. Generally, it is chosen by young people who want to specialize». It’s quite different for MBAs, which have a generalist approach and cover all the subject matters useful for learning those skills that can then be applied in a strategic context. «The goal in this case – explains Maiocchi – is to provide an overview of how an organization works, to be able to prepare for a high-level management position. A participant in one of our MBAs in 2009 is today vice president of an important financial institution. He had just four years of work experience at the time».

Soft skills above all

Because among the main objectives of the MBA are the ability to manage change and people, soft skills take on a predominant weight, already in the selection phase. «In addition to four written tests, in which we verify the analytical skills, we also carry out long interviews in which we evaluate the candidate’s aptitude for problem solving, to be proactive, to manage stress. Empathetic and communicative skills are important: in MBA programmes you learn a lot from others. Somebody who has nothing to offer to their classmates isn’t our ideal candidate. But they’re also not the ideal candidate of any company, if their goal is to become a leader».

An ideal candidate, instead, may be one who also has creative qualities: «Lately we have had participants who stand out from an artistic point of view, people with a degree in economics who, for example, went on to become video makers. They had an incredible ability to visualize results and objectives. For this reason, we also look with great interest at the creative and innovative part».

As Maiocchi reiterates, it then becomes extremely important to develop those skills that make the difference for companies: «You need to know how to adapt to change and to stimulate it. The world moves quickly, and it offers constantly evolving opportunities and challenges. The job of a good leader also involves guiding their team through these processes. Lastly, it’s essential to know how to work for projects. The entire MBA is structured for projects: more than a discipline, it’s a real methodology that can be applied to a number of sectors».

D HUB

 

D HUB, the new MIP digital learning platform, is out! This new tool has been designed to offer a more inclusive learning experience to our students and it sets a new milestone in the digitalization path of the School.

Professor Federico Frattini, Associate Dean of Digital Transformation at MIP, explains: “We noticed a growing need for flexibility. People look for post-graduate, highly personalised courses, grounded in the real world and compatible with work and family commitments. Because of this major change, students are keener to enrol in programs combining on campus activities and digital learning, or even in full digital courses.

This change did not catch the School unprepared. Indeed, the launch of Flex EMBA, MIP first digitally delivered Executive MBA, dates back to 2014. The first step towards a digital and limitless education experience was done.

Thanks to an innovative digital learning platform, students have the chance to attend classes wherever they are, whenever they like.

Since then, our interest in digital has skyrocketed, becoming an important part of most of our programs, including Specialising Masters or Full Time MBA, traditionally held on campus. Students can now benefit from a complete Digital Experience.

Because of this evolution, a new and state-of-the-art platform was needed. Here it comes D-HUB.
A new design guides students in their studies, recording automatically the user’s progress. An up-to-date library of asynchronous clips offers the chance to students to choose the language of the videos between English and Italian and to show subtitles.

More functions are available, like personalized notifications, a class-chat and the highlight of courses that are propaedeutic to the next live session.

At the beginning of 2020, a new app will offer to our students a more complete learning experience.

MBA Recruiting Day

On January 24th, MIP will host an MBA Recruiting Day, dedicated to the International Full Time MBA candidates and the companies belonging to the School network.

Starting from 10.00 am companies, distributed by their own sector, such as Technology & Digital | Industrial & Energy| Retail & Consumer Goods| Luxury, Fashion & Lifestyle| Consulting & Finance will open their desks to candidates.
At the end of the interview sessions, all the participating recruiters are kindy invited for a networking lunch.

The event is open only to MIP International Full Time MBA candidates, available from May 2020 for project work opportunities in companies.

MBA candidates have an international background and 3-7 years of professional experience in different sectors and functional area such as: Sales & Business Development, Strategy, Operations, Marketing&Communication, Analytics and Big Data, PM, Legal, Digital Transformation.

The event is dedicated to Employers who have the opportunity to:

  • Select talented international candidates to be placed in a range of business areas and positions
  • Test the ability of one or several candidates by proposing a strategic project of high impact for your company, in areas such as Digital Innovation, Business Transformation, Brand Strategy, Internationalisation, Business Development, Process Optimisation, etc.
  • Network with other Top Employers

Companies will have the chance to publish internship and job openings before the event, while students will have the opportunity to present their applications.

Agenda
  • 9.00 – 9.30 Company Registration
  • 9.30 – 10.00 Welcome Coffee for Recruiters
  • 10.00 – 13.00 Stand Opening and One to One Interviews
  • 13.00 – 14.00 Networking Lunch for Recruiters
How to participate

The participation to this event – deadline December 4 – is reserved to a limited number of companies belonging to MIP network.

The participation will be confirmed until the available places are exhausted.

For further information please contact Unit Company Engagement& Partner Care (Company&PartnerCare@mip.polimi.it)
T. 02 2399 2832 – 2847 – 4898

Useful information

January 24th 2020 | h 9.00 – 13.30
Politecnico di Milano – Campus Bovisa | Edificio BL 28 Glass Room 1 Floor
Via Raffaele Lambruschini 4B, Milano 20156

 

 

Why human value in the digital age is even more essential

The growth of digitalization is viewed with concern by many. Yet new technologies can boost productivity and flexibility. If managers know how to spot the right opportunities

 

Human interaction is the first casualty of the digital age”. It’s the title that introduces an editorial signed by Vivek Wadhwa, a tech sector entrepreneur, Harvard professor and, among other things, an early fan of social media. Over time, like many others, Wadhwa changed his mind, coming to believe that digital media have done more harm than good to interpersonal relationships. In the same way, many people maintain that advanced digital technologies can reduce the centrality of the human element in the world of work. But is that true? A series of data and forecasts show how it’s possible to take countermeasures. And how the role of managers is key in this scenario.

Human relations: between relationships and connections

A survey by the World Economic Forum, carried out in 2016 on a sample of over 5,000 individuals across five continents, reveals a widespread perception that is in sharp contrast to Wadhwa’s fears. According to the majority of those interviewed, the use of social media has actually led to a greater ability to make friendships in the real world, to maintain relationships with existing friends and with one’s partner and, surprise!, also to develop greater empathy.
But all that glitters isn’t gold. If it’s true that on one hand digital media enables social interaction, often giving a voice to minorities, on the other hand there are risks, as the World Economic Forum itself highlights in the Digital Media and Society report: it’s possible that the development of online relationship skills doesn’t correspond to a similar improvement in offline social skills. In short, it’s a scenario with light and shadows, that we also see in the workplace.

Changing work

Digital technologies are shaping the form and contents of the job offering. Among positive effects can be counted an increase in productivity and flexibility, in particular in the growing use of teleworking, or smart working, made possible by the development of increasingly fast network connections and of increasingly efficient digital communication tools. However, there are also plenty of doubts in this area. Indeed, digital media can lead to an increase in inequality, caused by the rapid evolution of the most highly sought out skills. It’s not unreasonable to expect a widening of the gap in the value (and thus also in the economic value) between employees with low level skills and colleagues with more advanced and valuable ones.

Exploiting technology, enhancing the value of humans

To avoid these risks, the figure of the leader becomes central. They must have “the knowledge and skills to recognize and anticipate digital trends, understand the implications for their business and use technology to their advantage to keep up to pace”, states the report Digital Media and Society. It’s up to the organizations, and therefore to their managers, to develop appropriate strategies to integrate digital media in the workflow, and to be proactive in tapping into the opportunities and avoiding the dangers their employees may face. Another report from the World Economic Forum, Our Shared Digital Future, shared further guidelines to thrive in the digital revolution: what is key is the creation of a network of responsible leaders that encourages the reskilling of employees. If it’s true, as suggested by the 2018 Future of Jobs Report, also prepared by the WeF, that by 2022 automation will replace humans in a significant percentage of their workload, it becomes fundamental to enhance those activities that artificial intelligence still can’t carry out: an apparent paradox, but the competitive advantage of companies and workers will increasingly depend on the ability to show themselves to be inimitably human. Despite digital innovation.

Symplatform: an international symposium on digital platforms

 

Over the last years, the relevance of digital-based business model increased significantly. Airbnb, Uber or BlaBlaCar showed the great potentialities of companies that aim to get together different groups of customers – like travelers and hosts – through the opportunities provided by digital technologies.

We are pleased to launch the first edition of Symplatform, a symposium on digital platforms that aims to get together both scholars and practitioners.

Symplatform is a joint project developed by Trinity College Dublin, Politecnico di Milano School of Management and Audencia Business School.

The first edition will take place at the Trinity Centre for Digital Business at Trinity College Dublin on April 16th and 17th, 2020.

The symposium is going to be based on various formats: parallel sessions with academic papers, “Pitch your challenge” sessions led by practitioners and collaborative workshops to help the platform field to move forward.
Further information can be found at Symplatform.com.

Prada Group presents “Shaping a Sustainable Future Society”

The Prada Group will present “Shaping a Sustainable Future Society” on November 8th 2019 in New York, marking the third edition of the Group’s conferences dedicated to stimulate a debate on the most significant changes taking place in contemporary society.

This year’s event will explore the meaning of social sustainability seeking to define what this truly means. The speakers will reflect on the responsibility of business and institutions to foster an environment that encourages freedom, equality and justice. Dialectic thought and diverse perspectives will underpin the day’s discussions and the various speeches. True to the Shaping series usual format, rigorous academic research will be an integral part of the day.

The morning will start with a keynote speech by acclaimed architect Sir David Adjaye OBE, followed by a roundtable dedicated to discuss on how businesses can keep abreast of new challenges posed by an ever-evolving society; the conversation will be moderated by Professor Gianni Riotta, journalist and Executive Vice President of the Italy-US Council.
The panel will involve speakers with diverse experience and expertise, including Richard Armstrong, Director of the Solomon R. Guggenheim Museum and Foundation; Amale Andraos, Dean of the Columbia University Graduate School of Architecture, Planning and Preservation; Mariarosa Cutillo, United Nations Population Fund (UNFPA) – Chief of Strategic Partnerships; Amanda Gorman, poet and activist; Kent Larson, City Science Director at MIT Media Lab and Livia Pomodoro, President of Accademia di Belle Arti di Brera, former Magistrate and President of the Court of Milan.
The roundtable will be followed by the contribution of Paralympic champion Simone Barlaam.

The event will continue by offering the contribution of the two academic partners, the Schools of Management of Yale and Politecnico di Milano, to explore the conference’s theme from two different perspectives. The Yale Center for Customer Insights will present a survey developed in partnership with the Prada Group on how consumer choices and behaviors are affected by social issues. Moderated by Gianni Riotta, a free-flowing discussion between Professor Raffaella Cagliano from Politecnico di Milano School of Management and Professor Kate Crawford, writer, composer and producer will follow, to examine how innovative digital technologies, including Artificial Intelligence (AI), are reshaping our daily lives, and how society should anticipate and manage the risks of biased or unethical use of digital technologies.
The day’s closing remarks will be provided by Rula Jebreal, award-winning journalist, author and foreign policy expert.

The whole conference will be live-streamed on www.pradagroup.com, starting at 9.30 am EST / 3.30 pm CET. Follow the day on social media via @Prada, which will tweet live from the event and join the conversation with #ShapingASustainableSociety
An overview of the event, as well as the agenda of the day and the gallery of speakers are available on the Prada Group website in a dedicated section.
For further information: Prada Press Office Tel. +39 02 567 811 e-mail: corporatepress@prada.com www.pradagroup.com
About “Shaping a Future” conferences:
Since 2017, the Prada Group has hosted an annual conference with the aim of stimulating a debate on the most significant changes taking place in contemporary society. In both editions, Prada collaborated with the Schools of Management of both Yale and Politecnico di Milano.
The first conference in 2017, entitled “Shaping a Creative Future” addressed the links between creativity, sustainability and innovation. The second conference in 2018, “Shaping a Sustainable Digital Future” explored the relationship between sustainability and digital innovation.
The conference series format consists of keynote speeches, panel discussions, and students’ competitions.

Knowing how to learn: the biggest challenge for tomorrow’s leaders

Soft Skills: why they are important

 

In an increasingly uncertain and rapidly evolving world, it becomes more and more important for a manager to have the ability to learn and to adapt to new situations. This is why soft skills are destined to become more important than hard skills

 

Managers of the future can’t do without soft skills. This becomes clear when reading the Future of Jobs Report 2018, the lengthy white paper published by the World Economic Forum that takes stock of global trends in the world of work. According to forecasts, by 2022 the market will favour a workforce able to think critically, to innovate, to create, to learn. This is true for everyone, but even more important for those who prepare to fill a leadership role.

A rapidly changing context

The fine-tuning of artificial intelligence and of machine learning, along with the explosion of big data, will shift the man-machine balance. And the political and economic future of the planet will be increasingly difficult to predict. It’s easy to see why the acronym coined in 1987, VUCA, is once again in vogue with its terms that perfectly describe both today’s world and that of the future: VolatilityUncertainty, Complexity and Ambiguity. It’s due to these factors that hard skills are no longer enough.

Watchword: reskilling

It’s not surprising, therefore, that the Future of Jobs Report talks about imperative reskilling: where hard skills are no longer enough, the watchword becomes requalification. But, to do that, it’s important to be equipped with the right tools. This is how skills such as analytical thinking, learning strategies, creativity, originality, spirit of initiative will surpass in the rankings both hard skills and soft skills that previously had dominated (the “classic” example of problem solving is a case in point): learning and knowing how to learn is by far the most important ability, especially if we think of a leader who, like it or not, will be forced to deal regularly with VUCA situations. The leaders of tomorrow, as the US magazine Forbes also notes, “must be agile and able to embrace and celebrate change (…) they won’t see change as a burden, but as an opportunity for growth and innovation”. A challenge that’s certainly complex, but unavoidable: according to the World Economic Forum, the reskilling process will involve at least 54% of managers.

Leading people, orienting yourself in the world

All this without forgetting that the qualities of leaders also involve and will continue to involve abilities that are strictly tied to their role, like strategic vision, the ability to communicate objectives to one’s team and to motivate it, to give a few examples. Also on this front, old leadership models soon will no longer work, because the composition of the workforce will change: Millennials have different expectations than their grandparents and parents, and they tend to be much less “faithful”, if they perceive a lack of stimuli and gratification. The leader of the future must also take this into account, in addition to being able to navigate in the world that surrounds them, they must understand its changes, even sudden ones, and know what possibilities are offered by new technologies. Objectives that can be aimed for only by those who have the appropriate soft skills. The World Economic Forum explains clearly that “a skills deficit (…) can significantly hinder the adoption of new technologies and, therefore, the growth of the company”.

Financial Times Masters in Management 2019 Ranking

 

The School of Management of Politecnico di Milano among the top 5 technical schools in the world for its Master of Science in Management Engineering

 

Politecnico di Milano’s School of Management holds its place among the world’s leading business schools and is in the top five for schools belonging to a “technical” university with a specific focus on engineering and technology, with its Master of Science in Management Engineering.

This is according to the Financial Times, which has published its Masters in Management Ranking 2019, placing the Milanese school’s long-standing program among the top 94 in absolute terms and among the top five for programs taught at business schools connected to technical universities, as is Politecnico di Milano. And that is not all, the School’s Master of Science in Management Engineering is also among the top five globally for Management Engineering, that is, among programs with a similar structure and set of contents.

The ranking examined a series of aspects, giving high scores for the graduate’s career prospects, both in Italy and abroad, the pay levels that this program can lead to and the opportunity for students to be offered internships in leading companies during their studies. Other factors include the School’s excellent price-quality ratio, its highly international faculty and the study and placement opportunities offered outside Italy.

Very few Masters in Management Engineering can be measured directly against ours”, confirms Stefano Ronchi, President of the degree course in Management Engineering at Politecnico di Milano. “Our distinctive feature is that we place courses in management, economics and finance alongside our teachings in engineering and technical subjects, which are indispensable to understand and oversee the digital transformation that will increasingly permeate throughout company development. We are able to give our students a strong grounding in management while helping them to cultivate an analytical and engineering mindset that can be applied to identifying and solving problems”.

The School of Management of Politecnico di Milano brings together the Department of Management Engineering and MIP, the Business School of the Milan-based university.

In a joint statement, Alessandro Perego and Andrea Sianesi, the Department’s Director and the President and Dean of MIP, respectively, explain: “The FT’s recognition is, as always, extremely important for all our Master students, alumni and graduates. For years, we have concentrated on an international approach to our courses and on competencies linked to digital transformation. The Financial Times’ conclusions show that we are on the right path, as it places us among the best management schools in the world with a strong emphasis on technology and engineering”.

 

What are the differences between an MBA and an Executive MBA?

difference MBA and Executive MBA

 

The Master’s programmes offered by the School of Management of the Politecnico di Milano differ in the seniority of the students (and thus also in teaching approach). But the objective is always the same: to create genuine business leaders

 

The Executive MBAs and the MBAs of the School of Management of the Politecnico di Milano are intensive Master’s courses with a specific focus on general management. The main objective of both programmes is to enable participants to develop the extensive managerial skills required to become a true business leader. The substantial difference between an Executive MBA and an MBA is instead the seniority of the course participants. An MBA is aimed at students and graduates who have between three and five years of experience, while an Executive MBA is aimed at those who have more than five years’ seniority, i.e. managers and professionals who want to improve their professional career in business.

 

New graduate or experienced manager? We have a Master in Business Administration to suit both

Antonella Moretto, Deputy Director of the MBA & EMBA area, explains that, in reality, the seniority found in Executive MBAs can even be much higher. “On an Executive course, the average seniority in the classroom is 13-14 years’ experience. This affects the teaching approach: given that we are talking about individuals with a great deal of experience, the objective is not only to transfer knowledge, but also to work a lot on brainstorming within the classroom, on opportunities for discussion, on heterogeneity. The expertise of the students themselves is a resource that we exploit.
Therefore, the level among participants is very high: you learn to read the current macrotrends in enterprises and in international scenarios, so that management figures can become more effective decision makers.

 

The teachers are managers with vast experience

Another difference concerns the figures engaged in the classroom. The traditional lessons of the MBA and Executive MBA are complemented by learning by expert and learning by doing activities. “The Executive MBA courses engage teachers who hold the top corporate positions, such as managing directors and director generals,” explains Moretto. “These are recognized leaders, with particularly advanced soft skills. This allows participants to build a valuable network, by learning from persons of recognized reputation.
The MBA course is similar but different. The principle is the same but the management figures involved are younger,” continues Moretto. “Their experience in the classroom can be an added incentive towards understanding how to reach the same objective. In addition, in the MBA courses, learning also involves role play: students can immerse themselves in simulated situations with complex problems that they have not yet had the opportunity of tackling in their everyday real work.

 

A sole objective: to create business leaders

Aside from these two aspects, the subjects covered and the objectives are the same. “Our MBAs and Executive MBAs cover all the specific issues on how businesses work. Students come to understand all the processes and the different functions. The objective is to understand how a company works, inside and outside, the main managerial decisions to be taken,” explains Moretto. “In both courses, the issues covered start from basic business economics, organizational issues, innovation management, process management, project management, strategy and finance. The objective is not to create a specialist in a certain area; on the contrary, we want to create a figure who has the ability to become a business leader and manager, who understands the whole of the company, who knows how to interpret the dynamics of all functions and can speak a transversal language. This manager will be able to communicate effectively with any stakeholder, any function, any actor inside or outside the company.