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Would your career benefit from an EMBA?

An Executive MBA is by no means just another upward step on the executive career ladder. In fact, it’s a transformational business qualification that can provide immense value for people at many crucial points in their professional life – and for those wanting to change careers altogether.

Would your career benefit from an EMBA?
An MBA is an excellent way of refreshing or changing your career. Photo: Getty Images

As long as you have at least eight years of management experience, and motivation to invest in yourself and your career, an EMBA can revive careers that feel in the doldrums, reinvent them in a new industry or help smash a professional glass ceiling. 

Together with EDHEC, one of the leading schools in both France and Europe for executive education, we give examples of career professionals who could reap the benefits of this powerful qualification. 

Early risers

‘Early risers’ are those with a plan to rise through the ranks early in their career. If you know what you want and where you want to be, yes, an EMBA is an ideal way to ensure rapid career progression. An EMBA – especially one that can be completed part-time – allows for the latest strategic thinking and research to be applied in your workplace, with all the career benefits that follow.

An EMBA is, for many organisations, a strong investment in an individual that has long-term benefits. Not only does it expose them to the latest ideas, but also inspires loyalty and employee retention. It can even form a step on a negotiated career plan, giving you stability as you study.

That said, an EMBA can be of solid value to many more than those towards the beginning of their careers.

Career revivers

We can all reach a point where it feels like, professionally, we’re ‘spinning our wheels’. You may seem as if you have reached as far as you can go without further qualification, or that your knowledge and skill base no longer feel as fresh and current as they once did. It could simply be that you feel removed from what you began doing within your organisation in the first place.

An EMBA is the ideal ‘career reviver’ for several reasons. Alongside high-quality teaching, EMBAs often prioritise experiential learning, project-based assessments, and other forms of ‘learning by doing’. EMBAs also, by necessity, expose you to a wide range of experienced professionals within your cohort, each with their knowledge and skills to share.

Speaking of your cohort, you will find they may introduce you to a broad range of management styles and techniques that you can apply to your career. Alongside continuous coaching programs like EDHEC‘s ‘Transform360’, personal development happens both within and outside of the classroom and helps you grow as a leader.

What if you’re looking for something else, however?

Whether you’re wanting to refresh or reinvent your career, an EDHEC MBA is the highly personalised tool you need to thrive. Apply now for March 2023’s intake

Always moving forward: Whether its a seat in the boardroom, or creating the world’s next great app, EMBAs propel careers. Photo: Getty Images

Career changers

For many of us, years of experience lead us to want to try something new. A fresh career calls, in a completely different field – but that doesn’t necessarily mean that you need to start all over again.

EMBAs are ideal for those changing careers as they allow participants to ‘dip their toe’ in various aspects of their new field of work. You can gain a clear understanding of ideas, systems and processes in a structured, supported manner, both in class and throughout the practical components of the qualification.

An EMBA also has incredible value for those going into business for themselves, such as entering the start-up world. Flexible and personalised EMBA programs, like that offered at EDHEC, make sure that you can tailor your program to fill your knowledge gaps, without having to tread over old ground. EMBA graduates are given a comprehensive understanding of business skills, with a global outlook – vital in the digital 21st century.

Ceiling breakers

Perhaps you feel as if there’s a ‘glass ceiling’ within your professional environment – a distinct lack of those like you within senior management. If you feel it’s time to crash through that barrier, an EMBA is an essential tool.

EMBAs are impressive  to senior leaders. They demonstrate a great deal of commitment, in terms of time, energy and sheer hard work. Those graduating from an EMBA program are equipped with the latest in business intelligence and technological understanding. They are a very hard qualification to ignore when it comes time to demand a seat at the table.

What if that’s not recognised within your organisation? Simple – an EMBA turbocharges your employment prospects through your suite of skills and the wide alumni network that you can draw upon.

Your best next step

If you’re still wondering whether an EMBA is right for you at this point in your career, consider the data. In a 2021 survey carried out by EMBAC, the key body overseeing EMBA programs, 39 percent of participants received a promotion before the end of their program and 53 percent were given new responsibilities (and the accompanying salary benefits).

An EMBA can provide immense benefits, no matter where you are in your career journey, whether it’s climbing the organisational ladder, or trying something completely new. Now, it’s time for you to consider the right program for you, one that suits both your personal and professional situation.

EDHEC’s EMBA can be tailored to work for and around you. Learn more about one of Europe’s strongest programs before the next intake begins in March

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EUROPE

Italy’s Eataly challenges France for food crown

Having conquered half the world, luxury Italian supermarket Eataly is getting ready to take on Europe, with a store in food-rival France the jewel in its crown.

Italy's Eataly challenges France for food crown
Italian gourmet supermarket Eataly is set to open a number of stores across Europe. Photo: Alberto Pizzoli/AFP

Founder Oscar Farinetti says his food empire, which opened its first store in 2007, was built on an idea which was “not a stroke of genius but something rather ordinary”.

“I live in the country with the most desirable food in the world and yet, although we have many renowned chefs and restaurants, we have no retail chain bringing the amazing biodiversity of Italian products to the world,” he told AFP.

The Eataly brand now has 28 stores worldwide, including outlets in New York, Tokyo, Dubai and Istanbul, and in 2014 the company boasted a turnover of €300 million ($342 million).
   
Farinetti has now set his sights on Europe: an Eataly store in Munich will open by the end of the year, followed by a food hall in Selfridges in London in 2016. He has decided to leave the opening of his Paris store until last, in 2018.

“For me the French are the most competent nation when it comes to food,” he said. “We decided to leave Paris until last because we can't afford to make a mistake there. Entering the French food market is no easy feat.”

He insists, however, that Italian food has two advantages over its French adversary, its greater home-grown product diversity and the fact that “Italy's food was born not in a restaurant, but in the household.”

“Passed down through generations, (it) is therefore simpler and easier to replicate than French cuisine.”
   
“After eating an excellent foie gras in a restaurant in France you go home to make it yourself and you go mad because it's so complicated. But if you eat an amazing risotto or pasta dish in a restaurant in Italy, when you go home it is possible to make it more or less to the same standard.”

Culture of food

Eataly has close ties to the Slow Food movement and Farinetti cites its founder Carlo Petrini as a friend and mentor.

Combatting the fast-food culture and teaching the art of cookery is a central part of Eataly's ethos, and takes pride of place in Farinetti's new venture.

Dubbed the world's first food theme park, Fico Eataly World – set to open in 2016 in northern Italy – will have cooking labs and classrooms as well as reeding farms and demo fields with explanations on Italy's food cycle.

“We wanted to combine the food market with the restaurant world and above all emphasize teaching the culture of food,” says Farinetti, whose stores have eateries which use in-house produce.

At the largest Eataly, 17,000 square metres (183,000 square feet) in Rome, chefs whip up batches of mozzarella and knead pizza dough while shoppers wander between the market-style banks of fresh fruit and vegetables and wine-tasting seminars.

“You might spend a little more than you would elsewhere, but the price is reflected in the quality,” said middle-aged Italian shopper Vincenzo Sisi as he browsed the wine section.

Esmeralda Perez, a Spanish expat in Rome, said the only downside that the restaurants were “a bit noisy”.
   
“The quality is fantastic, but if you're looking for an intimate place to bring a date, I wouldn't suggest here,” she said.

Farinetti has been criticized by some for selling out and betraying the principles of Slow Food.
   
And Italian investigative journalist Stefano Santachiaria in September accused him of paying staff low wages for long hours and relying excessively on short term or part-time contracts.
   
Answering to such charges will now fall to Farinetti's new managing directors: his three sons and long-term business associate Luca Baffigo.

The 61-year-old in September handed the role of president to Andrea Guerra, former CEO of luxury eyewear brand Luxottica, in order to immerse himself in Fico Eataly World.

From chic urban supermarkets to fields of wheat: “You know, every 10 years I like to have a change of jobs,” he said.

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