Vlerick heading to China on trade mission with 27 top entrepreneurs
For the first time, the Impulse Centre “Growth Management for Medium-Sized Enterprises” (or iGMO for short) at Vlerick Business School is organising a trade mission for its members. From 19 to 25 October, Vlerick professor Hans Crijns and 27 managers from companies such as LS Bedding, Sarens Group, Soudal, Terre Bleue, Theo Eyewear, Vyncke, Transics and Verhelst Bouwmaterialen will travel around China, with stops in Beijing, Suzhou and Shanghai.
There are high levels of interest and enthusiasm among the participants. The unique feature of this trip is the presence of the managers, and therefore the actual decision-makers. The practical organisation of the tour is taking place in collaboration between Vlerick, the Chinese branch of Vyncke Energietechniek and Ernst & Young Belgium.
Professor Hans Crijns explains the idea and importance of this mission: “Flemish entrepreneurs are aware that growth does not always take place in their own back yard, but outside Flanders and even outside Europe. China could certainly be a possible priority here. There are a very wide range of reasons for taking part. Some people are just curious about the unknown, others are looking for concrete opportunities and want to network and make contacts, and others have already started a local business and wish to share their experiences with their colleagues.”
On the evening of Monday 21 October, the group has been invited to attend a reception at the Belgian embassy in Beijing. On the evening of Thursday 24 October, the group has been invited to the Belgian consulate in Shanghai where consul-general Cathy Buggenhout has arranged a dinner.
The programme consists of a mixture of lectures, company visits, cultural and tourist activities. The guest speakers come from both the academic and the business world. The academic lectures will take place on the campus of the National School of Development in Beijing, which is also home to Vlerick's Beijing International MBA course. The other lectures are mostly being organised by EY. Here, the emphasis mainly lies on doing business in China, with a special focus on subjects such as the Chinese culture, operational management in China, the growth of the Chinese market and investments both by foreigners in China and vice versa.
Company visits to EY, Picanol, Nuscience, Vermeiren, Vyncke and Soudal are also on the agenda.
The Impulse Centre “Growth Management for Medium-Sized Enterprises” is a platform for research, dialogue and networking for growth within medium-sized companies and every facet of dynamic entrepreneurship. iGMO mainly focuses on the owners/managers of medium-sized growth companies. The research focuses on: the strategic dimension of growth, internationalisation, organisational and control structures, capacity for innovation, succession issues, shareholder structure, external growth via takeovers and strategic partnerships and growth financing.