RBS Asia Pacific Brings Entrepreneurial Thinking to Business Education
Singapore, 13 December 2016 – Rutgers Business School Asia Pacific (RBSAP), a leading provider of Executive Master of Business Administration (EMBA) in Singapore and beyond is relocating to one of the region’s most vibrant coworking spaces, The Working Capital on Keong Saik Road.
The timely decision to move has been motivated by the need to keep in pace with the increasingly mutating demands of the business world. Both traditional and executive education are looking beyond lectures, readings, case studies and team activities to ensure relevancy to current business needs while keeping an eye to the horizon in terms of innovation and competitiveness. The new location will serve as home to a unique 14.5-month long Executive MBA as well as RBS’ world renowned week-long Mini-MBAs.
Stephanie Krishnan, the Executive Director of Rutgers Business School Asia Pacific, said, “There is impetus in industry for both leaders and personnel to break through barriers in siloed thinking. This function-focused thinking starts with the way people are educated, in terms of their majors or specialization. There have been some inroads in changing this, however exposure to a more entrepreneurial, collaborative way of thinking and working is required at the top of organizations. This is what we are aiming to show to our Executive MBA students through being part of a coworking space and being able to benefit from built-in networking opportunities and a professional atmosphere.”
“Today’s Digital Economy is driving tremendous change within organizations. It is easier to enter and disrupt other industries than to change your own. Any value chain with significant inefficiency offers an opportunity for new players to enter and disrupt. Companies need to be extremely agile and prepared for any disruption. This requires real-time collaboration that cuts across organization hierarchies and rigid processes. Rutgers Executive MBA program will prepare executives to handle challenges in this Digital Economy, and I believe that this new environment within a coworking space will motivate them to think differently and drive Digital transformation within their organizations.”, said Saj Kumar, VP – Digital Transformation and IoT, SAP, and a RBS alumus.
With this in mind, Rutgers Business School Asia Pacific aims to drive a learning experience through exposure to collaboration, creativity and innovation in its new location at co-working space, The Working Capital on Keong Saik.
“We chose The Working Capitol because there are a number of ways we think alike – we believe in the intersection of tech, creative and service industries, we believe that a variety of ages and experience are needed to contribute to a meaningful enterprise – whether technical, managerial, creative, business or any other myriad of valid skills and perspectives that are required to make organizations thrive in today’s uber-competitive environment,” said Krishnan.
This decision by Rutgers Business School Asia Pacific follows several similar relocations by Fortune 500 organizations in the United States. In a 2016 report, Bloomberg reported that companies such as KPMG, General Electric, The Guardian and Merck were already utilizing WeWork, one of the most popular co-working spaces in the US.
The Singaporean government strongly supports this idea, and has been on the forefront encouraging such collaborations so that professionals in different niches may benefits from these cross-industry interactions.
In addition to the Executive MBA Program, the extended executive education offered in Singapore aims to leverage the new Rutgers Business School Executive Education marketing campaign, showing how individuals and corporations can “Breakthrough with Brilliance.”
This move helps SMEs and corporates to remain innovative, relevant and competitive at an accelerated rate in today’s fast changing regional environment.
A proud RBS Alumnus and Chief Technology Officer, Asia Pacific & Japan Cisco Systems, Mathew Varghese lauds this innovative RBS decision to relocate to the coworking facility.
“This initiative from RBSAP to conduct future Business Programs in a “coworking space” is an excellent one that will accelerate innovation and entrepreneurship. Coworking spaces in education provide a platform to interact and collaborate between educators, students and entrepreneurs leading to the development of a local ecosystem which to-date is unheard of in education space,” said Varghese.
He added “As I see it, the platform can be further enhanced to serve as a meeting space, community forum, networking venue, mentor and investor destination, co-founder dating place, incubator, accelerator, co-working venue, and educational resource for programs and content ranging from how to develop a business plan, to say how to use a Facebook API in building a Business to Consumer Marketplace among many other topics of interest. RBSAP Alumni can play an active role in this community by being “mentors, influencers, or connectors. I am thrilled to be an RBS Alumni and excited with the new opportunity in “giving back to the community” through this amazing platform. My best wishes to the RBSAP team.”
About Rutgers Business School
Rutgers Business School-Newark and New Brunswick is an integral part of one of the nation’s oldest, largest, and most distinguished institutions of higher learning: Rutgers, The State University of New Jersey. Today, Rutgers Business School is educating more than 8,000 undergraduate and graduate students and has a strong network of more than 33,000 alumni.
The Rutgers Executive MBA was ranked in the top 20 all-US EMBA Programs in 2013, 2014 by Financial Times, and #4 in the Big Ten Conference in 2014 and 2015. In 2015, it was also ranked #33 in the world and #26 in Reputation and #28 in Career Advancement by Ivy Exec.
About Rutgers Business School Executive Education
Rutgers Business School Executive Education (RBSEE) has been a leading provider of management education programs for more than 50 years. RBSEE designs and delivers programs for both organizations and individuals. Each year, thousands of people participate in RBSEE’s programs covering a wide range of topics including management, strategy, marketing, and leadership.
Rutgers Mini-MBA programs bring practitioners from different organizations and industries together in a rich and diverse learning environment, designed to develop skills and capabilities through the powerful combination of expert class instruction and peer interaction.
For more information about Rutgers Business School Asia Pacific, visit http://rutgers.edu.sg
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