Investing in employees: How an MBA drives company success

In an increasingly competitive and dynamic global market, businesses are continuously seeking strategic initiatives to enhance their competitive advantage and sustain long-term growth. A key driver of such growth is the targeted development of talent within the organization.

Companies are recognizing that investing in advanced education for their employees, particularly through esteemed MBA programs such as the LJUBLJANA MBA, significantly amplifies their employees' skills and capabilities, fostering a culture of innovation, strategic thinking, and effective leadership. Such investments translate directly into tangible organizational benefits, enabling companies to better navigate complex business landscapes, capitalize on emerging opportunities, and drive sustained success.

Enhancing leadership capabilities

Sponsoring employees to pursue an MBA equips them with advanced leadership skills crucial for effective team management, driving innovation, and leading strategic initiatives. Also, globally, 91% of Fortune 100 companies actively sponsor employee MBA programs, recognizing the strategic value these programs offer (GMAC, 2022).

Strategic decision-making

The rigorous curriculum and practical approach of the LJUBLJANA MBA program enhance strategic decision-making abilities, empowering employees to tackle complex business challenges confidently. According also to the Financial Times, 89% of global MBA alumni attribute improved strategic decision-making skills directly to their MBA education.

Expanding professional networks

An MBA offers unparalleled opportunities for employees to connect with diverse industry leaders and professionals. According to GMAC (2022), 92% of MBA graduates report expanded professional networks that facilitate new partnerships and collaborations, providing significant strategic value and opening doors to innovative business opportunities.

Encouraging innovation

Participants in the LJUBLJANA MBA are exposed to cutting-edge business trends and the latest advancements, including neuroscience approaches to leadership and management. Such exposure encourages the introduction of fresh, innovative ideas and best practices, significantly enhancing the company's competitive edge. Global data show that 88% of companies investing in employee education report increased innovation and efficiency as a direct benefit (AACSB, 2021).

Insights from industry leaders, Tomaž Berginc, CEO of ETI d.d., who continuously sponsors employees in the LJUBLJANA MBA program, highlights its significance:

"We include our greatest talents in the Ljubljana MBA program, who also express a strong desire for further personal development. We see future managers and holders of the most important functions in the company in them. Colleagues who completed the Ljubljana MBA program accept challenges more comprehensively. They know how to approach solving them more strategically, are more goal-oriented, and also gain a lot of knowledge about human resource management. Directors are obliged to constantly work with their subordinates. We must pay special attention to the development of talents. They are the best tool to get rid of complacency and mediocrity in the company. The Ljubljana MBA program successfully helps us with this."

Alumni perspectives Avgoustinos Kotsonis, Project Director BioCampus Slovenia, Novartis, emphasizes:

“The MBA made me more aware of the importance of building strong relationships and connecting effectively with various stakeholders. It provided me with tools and insights into topics I had not dealt with before, making me a more complete leader.”

Tangible return on investment

Companies that invest in employee MBAs report tangible benefits, including operational efficiencies, cost-saving measures, and revenue growth derived from the new skills and knowledge graduates bring to their roles.

Furthermore, alumni feedback from the latest LJUBLJANA MBA Career report confirms significant professional improvements:

96% affirm the MBA’s relevance to their careers
86% report increased confidence in strategic decision-making
90% have improved effectiveness in project management
84% feel prepared for challenging strategic roles

Download the LJUBLJANA MBA Career report here>>>

Employee retention, loyalty, and engagement

By investing in their employees' professional growth, companies foster stronger loyalty and retention, ensuring long-term organizational benefits from their investment. Employees typically commit to remaining with their employer post-MBA, extending the positive impacts well into the future. According to LinkedIn’s 2022 Workforce report, companies supporting employee MBA education experience up to 50% lower turnover rates and increased employee engagement and motivation.

Flexible investment options

The LJUBLJANA MBA program offers flexible financial and scheduling arrangements, allowing companies to balance employee development needs with operational demands effectively.

In conclusion, sponsoring employees through an MBA program, such as the LJUBLJANA MBA, represents a strategic investment with clear, long-lasting benefits, reinforcing a company’s commitment to excellence, innovation, and sustainable growth.

For those ready to take a leap, download the brochure or you can book a call with LJUBLJANA MBA team.