Entrepreneurship Edition Entrepreneurship Edition
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20 2017 VOL 16001 ENTREPRENEURSHIP EDITION ENTREPRENEURSHIP EDITION THE DESTINATION FOR INNOVATORS & CHANGEMAKERS cover story: ENTREPRENEURS: BORN OR MADE? Rajesh Nair Senior Lecturer and Director of the Innovation and Entrepreneurship Center pg.26 Innovation and Entrepreneurship Center pg.26 THE PLACE WHERE ENTREPRENEURS ARE MADE. pg.32 Asia School of Business (ASB) (Ministry of Higher Education, Malaysia Registration: DU046(W)) 2 ASB Entrepreneurship Edition 2017 ASB Entrepreneurship Edition 2016 ASIA-READY ENTREPRENEURS CREATED HERE. Through a nurturing ecosystem built on innovation, ASB’s Innovation and Entrepreneurship Center is developing communities of entrepreneurs all across Asia. We will change you. You will create change. asb.edu.my 2 ASB Entrepreneurship Edition 20172016 3 ASIA-READY ENTREPRENEURS CREATED HERE. Through a nurturing ecosystem built on innovation, ASB’s Innovation and Entrepreneurship Center is developing communities of entrepreneurs all across Asia. We will change you. You will create change. asb.edu.my 4 ASB Entrepreneurship Edition 2017 ASB Entrepreneurship Edition 2016 5 A message from our President and Dean “...how our MBA 3.0 THE ASB INAUGURAL CLASS IS THERE is reshaping business 2016 Intake Total: 47 Students A PROCESS education, providing FOR CREATING immersive, real-world, ENTREPRENEURS? Action Learning projects MALAYSIA [16] n this issue we look at the making of entrepreneurs, with a feature that provide a rigorous AUSTRALIA [2] on Rajesh Nair, Director of the Nationality Innovation and Entrepreneurship Center learning platform for COTE D’IVOIRE [1] I INDIA [7] PAKISTAN [1] at Asia School of Business. 66% International BRAZIL [1] Rajesh believes that while the entrepreneurial behavior PHILIPPINES [1] 34% Malaysian entrepreneurial spirit is something some are born with, others can and should and practice.” SOUTH AFRICA [1] be made. RUSSIA [3] MEXICO [2] Asia School of Business was founded in response to the need for organizations AMERICA [10] in the corporate and public sectors NIGERIA [2] industry-ready entrepreneurs to help INDUSTRY: them take advantage of the abundance WORK EXPERIENCE Advertising (1) Import/Export/Trading (1) of opportunities that this Asian-century Aerospace/Aviation (4) Insurance (1) Agriculture (1) Investment (1) 1 - 3 years You will also read about how our MBA 7 Banking (6) Investment Banking (1) Computer-Related Services (1) 3.0 is reshaping business education, Law (1) Consulting (5) providing immersive, real-world, Action 14 4 - 5 years Leisure/Recreation (1) Education (2) Manufacturing (4) Learning projects that provide a rigorous Energy (5) Nonprofit (1) learning platform for entrepreneurial 6 - 9 years 20 Food & Beverage (1) Other (1) behavior and practice. Government (2) Retail (1) As world economic growth pivots to 6 10+ years High-tech Multimedia (1) Sports Management (1) Asia, MIT Sloan has found the ideal Household/Personal Products (1) Technology (4) opportunity to bring the innovative Average Work Experience 6.1 years Human Resources (1) Telecommunication (1) curriculum world-renowned MBA 3.0 to the region, merging Asian perspectives with the best in Western business education. While we have chosen the vibrant city of Kuala Lumpur as our home, your learning will connect you to many of our AGE AVG 28.9 Action Learning partners throughout BREAKDOWN 04 20 24 YEARS OLD Asia, and will even include time spent at 8% AGED 20-24 44% AGED 25-29 48% AGED 30-34 the MIT Sloan campus in Cambridge, Massachusetts. I look forward to sharing our MALE 62% 38% FEMALE convention-breaking MBA 3.0, 29 18 change-making Action Learning and 27 21 - Professor Charles Fine EXTRAORDINARY 58% 42% UNCONVENTIONAL President and Dean, Asia School of Business NOTE: The above numbers are correct as at time of printing and subject to change based on actual students matriculated. 0504 ASB Entrepreneurship Edition 20172016 5 A message from our President and Dean “...how our MBA 3.0 THE ASB INAUGURAL CLASS IS THERE is reshaping business 2016 Intake Total: 47 Students A PROCESS education, providing FOR CREATING immersive, real-world, ENTREPRENEURS? Action Learning projects MALAYSIA [16] n this issue we look at the making of entrepreneurs, with a feature that provide a rigorous AUSTRALIA [2] on Rajesh Nair, Director of the Nationality Innovation and Entrepreneurship Center learning platform for COTE D’IVOIRE [1] I INDIA [7] PAKISTAN [1] at Asia School of Business. 66% International BRAZIL [1] Rajesh believes that while the entrepreneurial behavior PHILIPPINES [1] 34% Malaysian entrepreneurial spirit is something some are born with, others can and should and practice.” SOUTH AFRICA [1] be made. RUSSIA [3] MEXICO [2] Asia School of Business was founded in response to the need for organizations AMERICA [10] in the corporate and public sectors NIGERIA [2] industry-ready entrepreneurs to help INDUSTRY: them take advantage of the abundance WORK EXPERIENCE Advertising (1) Import/Export/Trading (1) of opportunities that this Asian-century Aerospace/Aviation (4) Insurance (1) Agriculture (1) Investment (1) 1 - 3 years You will also read about how our MBA 7 Banking (6) Investment Banking (1) Computer-Related Services (1) 3.0 is reshaping business education, Law (1) Consulting (5) providing immersive, real-world, Action 14 4 - 5 years Leisure/Recreation (1) Education (2) Manufacturing (4) Learning projects that provide a rigorous Energy (5) Nonprofit (1) learning platform for entrepreneurial 6 - 9 years 20 Food & Beverage (1) Other (1) behavior and practice. Government (2) Retail (1) As world economic growth pivots to 6 10+ years High-tech Multimedia (1) Sports Management (1) Asia, MIT Sloan has found the ideal Household/Personal Products (1) Technology (4) opportunity to bring the innovative Average Work Experience 6.1 years Human Resources (1) Telecommunication (1) curriculum world-renowned MBA 3.0 to the region, merging Asian perspectives with the best in Western business education. While we have chosen the vibrant city of Kuala Lumpur as our home, your learning will connect you to many of our AGE AVG 28.9 Action Learning partners throughout BREAKDOWN 04 20 24 YEARS OLD Asia, and will even include time spent at 8% AGED 20-24 44% AGED 25-29 48% AGED 30-34 the MIT Sloan campus in Cambridge, Massachusetts. I look forward to sharing our MALE 62% 38% FEMALE convention-breaking MBA 3.0, 29 18 change-making Action Learning and 27 21 - Professor Charles Fine EXTRAORDINARY 58% 42% UNCONVENTIONAL President and Dean, Asia School of Business NOTE: The above numbers are correct as at time of printing and subject to change based on actual students matriculated. 0504 The workshop has pivoted my career from an engineer to entrepreneur; from CONTENNTENTS a hacker to a maker and an inventor to an innovator...Also I got a better understanding of business and operational aspects on how to run a sustainable startup... Joshua Mathew Founder of Ellipsor LLP COVER STORY 22 INNOVATION AND ENTREPRENEURSHIP CENTER THE PLACE WHERE ENTREPRENEURS 26 ARE MADE. Rajesh Nair Senior Lecturer and Director of the Innovation and Entntreprenneeurship Center OPEN 15 16 THE ASB MARCH 21-22, 2016 APRIL 6-7, 2016 ENROLLMENT Professor Jake Cohen Professor Douglas Ready MAKERFEST Principles of Leading Enterprise-Wide PROGRAMS Fundamental Analysis Transformation: Aligning Purpose, Performance, and Principles SEEKINGOUR THE MAKERFEST - KL, EXACTLY UNCONVENTIONAL100-YEAR-OLD YOUTH INSPIRED WHERE YOU ANDSTAR TEXTRAORDINA-UP RY INNOVATION SHOULD BE CANDIDATES 1008 1109 1617 4439 4642 5046 MIT SLOAN PROGRAMS MIT FACULTY ASB:WHY THEASIA CENTER IS WE’VE GOT JOIN US AS COMES TO ASIA WE RUN INSIGHTS SERIES OFTHE EVE FUTURERYTHING YOUR LEARNING A CORPORATE Cambridge’s Courses designed Advancing the RightThe numbers in the middle AND LIVING PARTNER outstanding talent to inspire change learning culture ofsay the it allhustle and NEEDS COVERED There are many and heritage in KL at ASB bustle Welcome to ways we can Sasana Kijang work together and Lanai Kijang IF YOU WOULD LIKE TO BE FEATURED IN THIS MAGAZINE, KINDLY GET IN TOUCH WITH PROFESSOR LOREDANA PADUREANPADUREAN AT [email protected] 1028 23 4240 PUBLISHER: ASB MANAGEMENT SDN BHD (1075414-U). PRINTER: PERCETAKAN SKYLINE SDN BHD (135134-V) The workshop has pivoted my career from an engineer to entrepreneur; from CONTENNTENTS a hacker to a maker and an inventor to an innovator...Also I got a better understanding of business and operational aspects on how to run a sustainable startup... Joshua Mathew Founder of Ellipsor LLP COVER STORY 22 INNOVATION AND ENTREPRENEURSHIP CENTER THE PLACE WHERE ENTREPRENEURS 26 ARE MADE. Rajesh Nair Senior Lecturer and Director of the Innovation and Entntreprenneeurship Center OPEN 15 16 THE ASB MARCH 21-22, 2016 APRIL 6-7, 2016 ENROLLMENT Professor Jake Cohen Professor Douglas Ready MAKERFEST Principles of Leading Enterprise-Wide PROGRAMS Fundamental Analysis Transformation: Aligning Purpose, Performance, and Principles SEEKINGOUR THE MAKERFEST - KL, EXACTLY UNCONVENTIONAL100-YEAR-OLD YOUTH INSPIRED WHERE YOU ANDSTAR TEXTRAORDINA-UP RY INNOVATION SHOULD BE CANDIDATES 1008 1109 1617 4439 4642 5046 MIT SLOAN PROGRAMS MIT FACULTY ASB:WHY THEASIA CENTER IS WE’VE GOT JOIN US AS COMES TO ASIA WE RUN INSIGHTS SERIES OFTHE EVE FUTURERYTHING YOUR LEARNING A CORPORATE Cambridge’s Courses designed Advancing the RightThe numbers in the middle AND LIVING PARTNER outstanding talent to inspire change learning culture ofsay the it allhustle and NEEDS COVERED There are many and heritage in KL at ASB bustle Welcome to ways we can Sasana Kijang work together and Lanai Kijang IF YOU WOULD LIKE TO BE FEATURED IN THIS MAGAZINE, KINDLY GET IN TOUCH WITH PROFESSOR LOREDANA PADUREANPADUREAN AT [email protected] 1028 23 4240 PUBLISHER: ASB MANAGEMENT SDN BHD (1075414-U). PRINTER: PERCETAKAN SKYLINE SDN BHD (135134-V) 8 ASB Entrepreneurship Edition 2017 Nail it, scale it, sail it. That is the mantra of successful startups. It was just a short time ago when, together OUR 100-YEAR-OLD STARTUP.