Newsletter of the WU Executive Academy – Vienna University of Economics and Business
NEWSLETTER EDITION 3: APRIL 2021

Dear reader!

How can leaders thrive in our modern working environment? As helpful as classic workshops are, they have their limits, particulary when it comes to implementing the learnings into daily business. But things can be different, as the new special workshop “Pimp my Boss” offered by the WU Executive Academy shows. Based on the principles of design thinking, executives work on solutions for better leadership together with their teams. Konrad Holleis, team lead of Custom Programs, has given it a try together with his team.

Here to stay: The fusion of online and physical work, of humans and machines, has, at least since the start of the coronavirus pandemic, become part of organizations around the world - with a profound impact on how we will work together in the future. Jochen Borenich, a member of the Management Board and COO at Kapsch BusinessCom, and Barbara Stöttinger have analyzed the new megatrend in the business world and its effects on not only organizations but also on managers and their staff.

Happy reading and stay healthy!

Your WU Executive Academy Team

PS: If you want to learn why you and your company have no time to lose when it comes to fortifying your cyber security, then you should definitely read the first two expert commentaries in our new Cyber Security Spotlight series.

The Executive MBA Bucharest Turns 15: International Orientation, Regional Roots

What was initiated as a joint education project by Erste Bank, OMV, and the WU Executive Academy in Romania in 2006 has, over the course of time, turned into a true Austro-Romanian success story. More than 370 managers filling executive positions both in Romania and far beyond its borders have already graduated from the Executive MBA Bucharest. The anniversary is an excellent occasion to look back and, even more importantly, look ahead at what’s in store for the country’s arguably best MBA program.

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Sales Reloaded in Times of the Coronavirus: Selling Online, But the Right Way

Virtual communication between people working from home not only makes B2C sales more difficult, it also and especially affects B2B sales. Sales experts Barbara Stöttinger and Daniela Dorner, Group eCommerce Director at Mondi Group, have explored ways salespeople can turn this situation into an advantage advantages for their business. Read on for a concise summary of essential facts on how to get prepared.

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Cybercrime: the Most Underestimated Risk of the Future

All over the world, the number of cyberattacks on organizations and countries is rapidly increasing. Plus, the coronavirus crisis has further fueled this development. Hackers hardly encounter any defense mechanisms when they enter the home office networks and this is the first step into creeping into corporate systems of companies around the world. Cyber security experts Richard Knowlton and Thomas Stubbings have analyzed why companies have no time to lose when it comes to a steep upgrade of their protective mechanisms and what types of cyber threats we will face in the future.

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Cyber Security: From Best Practice to Regulation

In the digital age, cybercrime has become one of the most lucrative areas of business. However, when cyberattacks no longer affect just individual companies, but society as a whole at critical points, where energy providers can no longer supply their customers with electricity, then (state) regulation is needed. In this edition of our Cyber Security Spotlight series, Thomas Stubbings, CEO of CTS Cyber Trust Services, explains what developments are taking place on an international level and what the regulations mean for companies.

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COVID-19 and How Recruiting Will Be in the Future

The Covid-19 crisis has also taken its toll on HR management. Personal contacts have had to be reduced considerably or cut altogether; communication with applicants mainly takes place in a remote setting. Companies and their HR teams are asking themselves what recruiting will look like in the future. Kerstin Knapp, Executive Vice President of People & Culture at Vestas, and Tuba Ersoy, the founder of the executive search enterprise Talent & More, took a close look at the way the pandemic has affected recruiting. Check out their answers to the most pressing questions related to the future of employee recruitment and HR management.

Read more

 

Career Moves @ WU Executive Academy:

 


Who has changed jobs? Who was promoted?
This time:
 
Angela Hodits, Ombudswoman, General Accident Insurance Institution (AUVA)
Catalina Otto, Head of Business Development, Voith Hydro Europe
Oliver Felszeghy, Member of the Board of Directors, CFO Society of Slovak Republic
 

COVID-19, an Opportunity for the Logistics Sector? A How-To for a Possible Restart

The past months have demonstrated our dependency on the logistics sector for many areas of our lives. The coronavirus crisis has put a strain on this industry: few flights, extreme demand peaks for certain products, and strict security regulations are just some of the developments where we need quick answers. WU’s logistics expert Sebastian Kummer analyzes the lessons drawn from the crisis and explains how rebooting the pandemic-stricken logistics sector might look like.

Read more

 

Pimp My Boss: New Special Workshop - Design Thinking for Tomorrow's Leaders

How can leaders thrive in our modern working environment? As helpful classic workshops are, they have their limits, particulary when it comes to implementing the learnings into daily business. But things can be different, as the new leadership workshop “Pimp my Boss” offered by the WU Executive Academy shows. Based on the principles of design thinking, executives work on solutions for better leadership together with their teams. Konrad Holleis, team lead of Custom Programs, has given it a try together with his team.

Read more

 

Megatrend Hybrid Work as the New Normal

The fusion of online and physical work, of humans and machines, has, at least since the start of the coronavirus pandemic, become part of organizations around the world - with a profound impact on how we will work together in the future. Jochen Borenich, a member of the Management Board and COO at Kapsch BusinessCom, and Barbara Stöttinger have analyzed the new megatrend in the business world and its effects on not only organizations but also on managers and their staff.

Read more

 
Upcoming Online Events:
Online Info-Session: Career Development after an MBA and Law Program Apr. 09
Female Power Hour April on Female Entrepreneurs Apr. 14
Embarking on an International Career After Your Executive MBA Jun. 02
All events 


Please do not hesitate to contact us with your questions, suggestions or feedback.

Kind regards,

Prof. Dr. Barbara Stöttinger, Dean

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