Nanodegree: Change Management for Building New Business Models

Education

Estonia

Timeframe 01.10.2022-30.04.2024 Lõppenud

Target group Candidates with at least a bachelor's degree and at least 3 years of work experience

Budget 106 400 EUR

Funders

ESTDEV

Partners

SA Estonian Business School

The target countries are diverse in nature, but they also have one common denominator to many challenges at the macro level (the implementation of change management) and another at the micro level (the development of new business models). Management skills and quality are extremely important in these areas, and this programme targets these needs in developing countries. The content prepared during this programme is scalable, and can be used in the future for both larger and smaller trainings within the target countries. Engaging diverse learners directly contributes to the creation of this content and the adaptation of it to the needs of each unique country. In addition to the students themselves, companies within each target country and the country as a whole benefit, since the programme helps to improve management quality and implement new business models.

Project objectives

This project aims to increase learners’ knowledge about change management and demonstrate how to implement changes in order to develop of concrete business models for digitalization and sustainability. As a special theme, learners can focus on business development during the military conflict.

Actions and results

The project plan is to provide a systematic and focused overview of the main theories of change management as well as practical choices stemming from these concepts. Through independent studies and team work, the challenges of change manament will be framed within the specific context of learners’ home countries. The course will start with independent work, in which each learner will prepare an analysis of their external environment as well as a self-assesment on the basis of Belbin test. From there, the programme will be split into two components: (1) seminars about change management involving all learners and (2) specialized workshops in which learners engage in team projects with help of a mentor. The study session in Tallinn will be followed by a virtual seminar in which learners will give overview of change management implementation in their home countries.