Following the successful opening of their Erdmin Urguu Learning Center in Sainhand, Mongolia, the GMP+4 Teams came together in Düsseldorf and Sainshand to assess their impact and reflect upon their personal and professional learnings. Module 5 of our 4th WHU General Management Plus Program marked the end of the beginning of their learning journey as social entrepreneurs.
January 2017 marked the start of our 4th General Management Plus Program with WHU at their Düsseldorf Campus. For the first time ever, Batchimeg, our Community Hero, attended module 1 in Europe. Together with the team of 11 candidates, she created a joint vision for her learning center in Sainshand, Mongolia. Over the course of six months, they worked together as social entrepreneurs, living through ups and downs of intercultural teamwork, pitching a compelling story to their investors Bolor and Pierre from Oyun Foundation to implementing their business plan on-site. In July 2017, the team came together again to debrief their investor, assess the impact they have created and reflect upon their personal and professional learnings as an entrepreneur in the field.
The investor debrief went very well. Community Hero Sampath had prepared a thorough progress report which showed major achievements towards the goals set, but also reflected on the drawbacks and failures. For example, most of the Sri Lankan Team Members vanished by the end of the program as they could not see the benefit for them to participate.
The team has already created major impact, although the learning center was only 40 days in existence. 21 students are currently enrolled in 4 different courses. The learning center reported a sustainability rate of 120% as of June 2017! However, this sustainability rate does not include a salary for the center‘s key person Batchimeg. A little bit more than 50% of the EUR 20,000 investment has been used up so far.
All candidates and the BOOKBRIDGE Team took away important and significant learnings from this program. Each candidate recorded a short Pecha Kucha presentation which you may access by clicking on the video below. At BOOKBRIDGE, we also made a lot of learnings in this program run. The GMP+4 Team was the first team ever implementing their business plan without an on-site business coach. And it worked very well! We are proud of what the team has achieved and learnt on its learning journey.
Last but not least, we are proud to close our fourth program in collaboration with WHU Executive Education with big success. All candidates received an official Certificate with 15 ECTS. From all candidates, we have received valuable feedback which we will take into account for the future design of our course. The learning journey of our candidates would not have been possible without the outstanding support of
- Rebecca, Janine, Floor and Johanna as our partners at WHU
- Heike Rudolf von Rohr as leadership coach
- Emilie Barrallon as business coach
- Bolor and Pierre from Oyun Foundation as impact investor
- Amar and Tunga from BOOKBRIDGE Mongolia as our partner organization
- Jella as the team‘s program manager
Let’s keep on building bridges to Sainshand!