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Business in Calgary

Years ago I rode France’s excellent fast train, the TGV, from Lyon to Paris. It was an amazing ride – fast, smooth, comfortable and competitively priced. This is a train that actually does 300 kilometres per hour. What is remarkable is that when you go into a curve, you can still walk down the aisle of the train without feeling like you are being thrown against the side. I think this has something to do with the suspension system and track design. It would be my fervent wish that we could duplicate something like that in Alberta. If we did, I would even take a trip to Edmonton just for the ride.

Years ago I rode France’s excellent fast train, the TGV,
from Lyon to Paris. It was an amazing ride – fast,
smooth, comfortable and competitively priced. This
is a train that actually does 300 kilometres per hour. What
is remarkable is that when you go into a curve, you can still
walk down the aisle of the train without feeling like you are
being thrown against the side. I think this has something to
do with the suspension system and track design.
It would be my fervent wish that we could duplicate
something like that in Alberta. If we did, I would even take
a trip to Edmonton just for the ride.

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Entrepreneurship: more than a buzzword • Entrepreneurship<br />

Is wait<strong>in</strong>g<br />

for your<br />

In the last decade or two, there has<br />

been a seismic shift <strong>in</strong> demand for a<br />

new breed of slightly or dramatically<br />

different and even alternative<br />

bus<strong>in</strong>ess education, especially ones<br />

that teach the basics and specifics of<br />

entrepreneurship – education that is<br />

tapped <strong>in</strong>to everyth<strong>in</strong>g from startup<br />

ecosystems to access<strong>in</strong>g venture<br />

capitalists and startup <strong>in</strong>cubators.<br />

tak<strong>in</strong>g way<br />

too long?<br />

We have a<br />

solution for that.<br />

For years, most bus<strong>in</strong>ess schools<br />

offered courses or student clubs on<br />

the vague and fr<strong>in</strong>ge topic of entrepreneurship<br />

although it was <strong>in</strong>evitably<br />

a small part of the courses which<br />

were designed to teach bus<strong>in</strong>ess students<br />

the basics <strong>in</strong> economics, f<strong>in</strong>ance,<br />

account<strong>in</strong>g, market<strong>in</strong>g and operations,<br />

usually gett<strong>in</strong>g qualified for specific<br />

management roles <strong>in</strong> exist<strong>in</strong>g, large<br />

organizations.<br />

Schools had to make significant<br />

adjustments, <strong>in</strong> some cases re-<strong>in</strong>vent<br />

themselves, to better serve a rapidly-grow<strong>in</strong>g<br />

base of gung-ho and<br />

aggressive entrepreneurs.<br />

In the last decade or two, there has<br />

been a seismic shift <strong>in</strong> demand for a<br />

new breed of slightly or dramatically<br />

different and even alternative bus<strong>in</strong>ess<br />

education, especially ones that teach<br />

the basics and specifics of entrepreneurship<br />

– education that is tapped<br />

<strong>in</strong>to everyth<strong>in</strong>g from startup ecosystems<br />

to access<strong>in</strong>g venture capitalists<br />

and startup <strong>in</strong>cubators.<br />

Respected bus<strong>in</strong>ess schools – from<br />

<strong>Calgary</strong>’s Haskayne and Chiu School<br />

of <strong>Bus<strong>in</strong>ess</strong> at Bow Valley College to<br />

Schulich, Harvard, Kellogg, Wharton<br />

and others – acknowledge the role and<br />

impact of entrepreneurship <strong>in</strong> today’s<br />

and tomorrow’s bus<strong>in</strong>ess world.<br />

“Although entrepreneurial aspects<br />

are now a rout<strong>in</strong>e part of many bus<strong>in</strong>ess<br />

courses, we have emphasized<br />

‘experiential learn<strong>in</strong>g,’” Neutens po<strong>in</strong>ts<br />

out. “Not just read<strong>in</strong>g about entrepreneurial<br />

skills but liv<strong>in</strong>g them, live. We<br />

<strong>in</strong>vite successful <strong>Calgary</strong> entrepreneurs<br />

to come <strong>in</strong>to our classrooms, meet our<br />

students and talk openly about their<br />

successes and their failures.”<br />

Various aspects of entrepreneurship<br />

are already entrenched and expand<strong>in</strong>g<br />

as vital parts of contemporary MBA<br />

and other bus<strong>in</strong>ess programs. In fact,<br />

some bus<strong>in</strong>ess schools are so committed<br />

to the potential of entrepreneurship<br />

that they have actually begun to offer<br />

master of entrepreneurship (MEntr)<br />

degrees as an alternative to MBA.<br />

There is caution <strong>in</strong> temper<strong>in</strong>g (not<br />

discourag<strong>in</strong>g) the trend and excitement<br />

about entrepreneurship.<br />

As some academics, conventional<br />

Available through your Insurance Broker<br />

Please contact: 587-888-1886<br />

or call 1-866-662-8062<br />

www.waitlist<strong>in</strong>surance.com<br />

bus<strong>in</strong>ess<strong>in</strong>calgary.com | BUSINESS IN CALGARY March 2014 • 35

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