Published in Celebration News
Stetson University Executive MBA students floated between two continents as they sailed down the Bosphorus Strait between the European and Asian side of Istanbul. Astonishing views of architectural jewels like the Dolmabahce Palace, the Ortakoy Mosque and Bosphorus Bridge were glowing in the distance. Twenty-five students embarked on the trip of a lifetime as they experienced global business practices and explored the historical and cultural influences of the Middle East and European region over the course of nine days. We had a similar delight in Budapest when we sailed down the Danube River with views of Parliament, Chain Bridge and the impressive Vajdahunyuad Castle. Each year the Executive MBA program, as part of its coursework, travels to a different destination to engage with entrepreneurial and well-established companies in marketing, finance, hospitality, operations and manufacturing. Immersion in these destinations increases the students’ understanding of international business and its application to their own corporate careers.
General Electric Co., Divan Hotel Group, Budapest Bank and Koc Holdings, all profitable and expanding in this region, shared their unique goals for Istanbul, their strategic ties as business partners, and the economic opportunity with tourism growth, leveraging best practices, expanded marketing efforts, or as a “safe haven” for those wishing to escape volatile zones.
Students were provided a bird’s-eye view of lean and “just in time” manufacturing processes at both Mercedes-Benz Turk and Nokia. Just fascinating to witness a motor coach and a cell phone being assembled from parts in a very methodical manner.
Pozitron (mobile applications) and IND Group (internet banking), entrepreneurial companies, were similarly initiated by their founders during their late college days and feature a very young staff with an average age younger than 30. Both started with family financing, and now fewer than 12 years later generate huge revenue growth and sales. Pozitron reports 80% growth each year, and IND Group has revenues that top $12 million Euros with more than 220 employees in 15 countries.
The business visits were incredible, but even more significant was the appreciation we discovered for their traditions and culture by exploring the various mosques, castles, governmental buildings, and cathedrals. As we walked the pedestrian streets each night, the breathtaking architecture, community spirit and importance of maintaining traditions are evident.
To culminate our International experience, the executive students wanted to “give back.” We partnered with a local university and adult volunteers from Hakosz and treated more than 20 children in “state care” to a morning at the Budapest Safari Park. In six teams, we escorted these children, ages 4 to 12, through the various animal exhibits while playing interactive games which involved the executive students learning basic Hungarian words and the children learning some English words. The adult volunteers served as translators.
“Despite the language barriers, the walls came down with smiles, sharing of local snacks and with the help of the volunteers,” said Wendy Lowe, assistant director of the Executive MBA program. “Stetson students felt proud to be able to give these children a field trip away from their everyday surroundings and into a natural habitat where we could join in their excitement. During our three hours together, we shared more than just fun and games; we truly made a significant impact on one another’s lives! The children helped our students realize that the motto “work hard, play hard” is definitely rewarding, and as we learned at Nokia, ‘living adventurously’ is possible. We will take away numerous life lessons from our time with these loving children.”