Maša Mihelj
UL SEB Celebrates 80 Years: A Jubilee That Connects Generations
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Maša Mihelj
UL SEB Celebrates 80 Years: A Jubilee That Connects Generations
12. March, 2026

LJUBLJANA MBA, Women for Women with Maša Mihelj

What does it mean when an LJUBLJANA MBA alumni steps into an environment that offers not only a role, but real room to lead? In this alumni interview, Maša Mihelj shares how the LJUBLJANA MBA helped her articulate HR as a strategic driver of sustainability, culture, and leadership capability. She also explains why Zavarovalnica Triglav, a partner of the LJUBLJANA MBA Alumni Club, sees supporting an MBA as more than funding education: it is a long-term commitment to developing people, building trust, and creating space for responsibility and leadership growth.

Looking back, which LJUBLJANA MBA experience or learning outcome most shaped the way you articulate and practice leadership in a corporate setting such as Zavarovalnica Triglav?

Looking back, the most transformative impact of the LJUBLJANA MBA was the shift from functional HR leadership to enterprise-wide strategic thinking. The program strengthened my ability to position HR not as a support function, but as a driver of business sustainability, cultural coherence, and leadership capability.

What shaped me most was the integration of strategy, governance, and organizational dynamics. I began to see more clearly how leadership decisions cascade through systems—how culture affects risk appetite, how talent architecture influences performance resilience, and how leadership maturity determines the pace of transformation.

In a complex corporate environment such as Zavarovalnica Triglav, this perspective is essential. Leading six HR functions requires more than operational excellence—it requires alignment, standardization where needed, and differentiation where it creates value. The MBA strengthened my confidence to articulate HR decisions in strategic language and to engage with executive peers as an equal partner in shaping the company’s long-term direction.

Most importantly, it refined my understanding that leadership is about shaping context: creating clarity, psychological safety, accountability, and capability across the system.

Zavarovalnica Triglav gave you the “room to lead”. In practical terms, what did that room consist of, and what leadership behaviors helped you earn that level of trust and responsibility?

The “room to lead” meant genuine strategic influence. It meant being entrusted with responsibility for harmonizing and guiding six HR teams, shaping leadership development frameworks, contributing to organizational design decisions, and influencing talent strategy at a group level.

In practical terms, it consisted of:

  • Autonomy in structuring HR processes and governance models.
  • Authority to initiate transformation initiatives.
  • The opportunity to professionalize and standardize HR practices across multiple units.
  • Direct involvement in discussions that go beyond HR and shape the broader corporate agenda.

Earning that level of trust required consistent leadership behaviors:

  • Delivering stability and reliability in complex environments.
  • Demonstrating systemic thinking rather than local optimization.
  • Building strong relationships based on credibility and discretion.
  • Balancing empathy with performance orientation.
  • Leading through influence rather than hierarchy.

Trust was built through calmness in demanding situations, through the ability to connect people and perspectives, and through a clear commitment to strengthening the institution—not personal visibility.

Looking at your professional development at Zavarovalnica Triglav, what have you valued most in the company’s support for your growth, and which experiences have contributed most to your development as a leader?

What I value most is the long-term orientation of the company’s support. Financing and enabling my MBA was not only an investment in formal education—it was a signal of confidence and partnership.

The company created an environment where growth is not only encouraged but structurally enabled. I particularly value:

  • The opportunity to lead across multiple organizational units.
  • Exposure to strategic discussions beyond HR.
  • The responsibility to design frameworks that shape leadership culture.
  • Being trusted with transformation initiatives that require resilience and consistency.

The most formative experiences were those where I had to navigate complexity—aligning different HR teams, balancing local needs with group-level standards, and supporting leaders during periods of change.

What distinguishes the company’s support is that it creates space for responsibility before complete certainty. That combination of trust and expectation accelerates leadership maturity. It allowed me to evolve from an HR expert into a strategic HR leader who understands not only people dynamics, but institutional stewardship.

 

Feeling inspired? Take the next step in your journey.

Download the LJUBLJANA MBA brochure and see how you can shape your future with us.

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