Entrepreneurship is about more than individuals starting businesses – in fact increasingly, big businesses are thinking and working more entrepreneurially.
As a part of our MSc Entrepreneurship and Management, students pitched ideas for entrepreneurship inside an organisation to directors at AECOM, a multinational engineering firm.
The module leader, Dr Chay Brooks, emphasised the importance of working with AECOM on the module, explaining: “Visiting AECOM is a great opportunity for our students and is a part of the learning experience, the contribution of AECOM to the module brings the realities of entrepreneurial activity in a corporate setting to life.”
This semester, students have studied the theory and practice of how big businesses are looking to create environments that encourage employees to be more entrepreneurial, while continuing to deliver their core business. Our collaboration with AECOM gives students a unique opportunity to see how an organisation with over 90,000 employees is changing its working practices to become more innovative and entrepreneurial. As a part of the module students have had guest lecturers by AECOM staff that provide real-world insights, and as a part of their final assessment they presented their recommendations for them to become a more entrepreneurial organisation.
Professor Tim Vorley, Director of the Centre for Regional for Economic and Enterprise Development (CREED), who developed the relationship with AECOM, said: “Taking our students out of the Management School to present their work in a corporate environment is a fantastic opportunity for them, and it is great to see them rising to the challenge as they pitch their ideas.”
The MSc Entrepreneurship and Management provides students with an understanding of entrepreneurship in different countries and contexts, as well as from start-ups to corporate organisation.
In 2017 Sheffield University Management School is hosting the EFMD Entrepreneurship Education Conference, the theme of which focuses on ‘Entrepreneurship inside Organisations’. This area of entrepreneurship education is of growing in interest to business and management schools, and is one in which Sheffield is a leading by example.