{"id":610419,"date":"2023-11-20T00:00:00","date_gmt":"2023-11-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/"},"modified":"2023-11-20T00:00:00","modified_gmt":"2023-11-20T00:00:00","slug":"our-executive-education-industry-is-adapting-to-new-business-realities","status":"publish","type":"blackboard","link":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/","title":{"rendered":"Our executive education industry is adapting to new business realities"},"content":{"rendered":"

Executive education in Egypt rises above the \u201cpains\u201d:<\/strong> Executive education has been getting increased traction in recent years<\/a>, while competition has picked up within the broader learning and development sector. There is broad consensus among the major education service providers that the executive education sector, and learning and development (L&D) at large, represents a substantial market with considerable untapped potential \u2014 albeit lacking concrete figures to demonstrate its substantial market value. Even though covid-19 and the weakening EGP took a toll on the executive education sector with some players leaving the market entirely, corporates and education service providers say that education is a necessity, not a luxury amid a challenging environment. Navigating the challenging terrain lies in mastering the art of \u201cagility\u201d \u2014 the capacity to morph and adapt to the ever-changing, turbulent market dynamics that Egypt is no stranger to. <\/p>\n

REFRESHER- What\u2019s executive education again?<\/strong> Executive education is a type of post-graduate education that is geared towards helping executives, business leaders and professionals work towards enhancing their skillsets. Executive education is a \u201cmixture between scientific knowledge, experiential knowledge and relatability to a certain business. The relatability factor and the application factor is a bit higher than what you can get from a PhD or a masters degree, or what you can get from a certificate or a continuing education degree,\u201d Manager at the AUC School of Business Executive Education Yasmin Khalil told Enterprise. <\/p>\n

It is a promising market:<\/strong> The exact size of the market is difficult to determine given the unavailability of financial disclosures. However, we were given rough estimates: \u201cWe have our numbers in terms of our alumni that we have gathered throughout the years, it's more than 4k alumni, but that\u2019s only ours, if we add the AUC business school and the School of Continuing Education, it will be in the hundreds of thousands,\u201d according to AUC\u2019s Senior Director of Executive Education at the School of Global Affairs & Public Policy (GAPP), Mohamed Fahmy. The GAPP Executive Education Program boasts over 200 programs, engaging a participant base of 4k individuals and delivering a total of 25k training hours. <\/p>\n

\u2026with lots of potential<\/strong>: \u201cIn terms of the potential of the market, we\u2019re talking about the whole workforce of the country, mns of people that need this kind of intervention. The typology of intervention varies from one sector to another. But in our case, working with the state, 6 mn employees work for the different government entities. This is just the state. If we add in the civil society and the private sector, we\u2019re talking about more millions that need this type of intervention. The market is just massive in Egypt,\u201d Fahmy tells us. <\/p>\n

Financing and resources are often a pain point:<\/strong> GAPP ExEd primarily focuses on upskilling individuals in the public sector and civil society \u2014 both sectors that frequently lack sufficient funding and resources for self-financed training, unlike the private sector. \u201cSometimes there are great ideas and people know what they want to enhance their abilities, but they\u2019re stuck when it comes to financing or being able to create their own resources for that particular training or opportunity,\u201d Fahmy says. GAPP ExEd tries to bridge the gap between donors and recipients, aligning their interests, and securing funding stands as a key opportunity, marking success when both their visions converge.<\/p>\n

ExEd also grappled with difficulties amid the economic challenges<\/strong>: The market experienced several setbacks this year due to the devaluation and the FX crunch, prompting some \u201cbig\u201d players in the sector to exit the market entirely, Executive Education Director at ESLSCA Wael Farag told us. Currently, industries are grappling with concerns related to \u201csupply chain management and sustainability in supply chain\u201d \u2014 issues emblematic of the current economic situation, to which corporations turn to education providers for help, according to Farag. <\/p>\n

Education providers should capitalize on agility: <\/strong>\u201cEducation is not a luxury anymore because of the shifts that happen daily in the economic scene. They need programs agile enough to address all the needs resulting from recent changes. Executives need to be well-equipped to adapt and thrive,\u201d Farag tells us.<\/p>\n

Sustainability + digital transformation were (unsurprisingly) the trending topics for ExEd this <\/strong>year: <\/strong>the global \u2014 and local \u2014 shift towards being sustainable and having a competitive digital infrastructure trickled down to individuals and corporates who had to adapt to new ways of operating, embracing eco-friendly practices, and upgrading their digital capabilities to stay relevant in this evolving landscape, Farag told us. Individuals and corporates are also increasingly \u201cinterested in making AI relevant in their own working places,\u201d according to Fahmy. <\/p>\n

Education service providers need to develop programs that are malleable and could cater to the <\/strong>ever-shifting needs of corporations and individuals.<\/strong> \u201cWith the very dynamic market we\u2019re in, corporates sometimes have to shift or change the structure of the training or needs, so they need a training provider that has agility to be able to redirect the training or change times or dates,\u201d HR Programs Manager at the AUC School of Business Executive Education Shireen El Kaluobi told us.<\/p>\n

\n

\n

Your top education stories for the week: <\/strong>Nahdet Misr inks funding agreement for educational project: <\/strong>Publishing house and educational services provider Nahdet Misr will receive a EUR 3.5 mn grant from Germany\u2019s Facility Investing for Employment to help establish the Ta\u2019heal International Academy for vocational education and training, it said in a press release (pdf)<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Industry insiders tell us that it\u2019s never been more important to adapt to a changing market<\/p>\n","protected":false},"featured_media":610420,"template":"","categories":[7211],"tags":[7095,73,179,72],"class_list":["post-610419","blackboard","type-blackboard","status-publish","has-post-thumbnail","hentry","category-blackboard","tag-blackboard","tag-education","tag-enterprise-blackboard","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c01a6fc6-b213-4d79-a896-29517062ecba","is_powered_by":false,"story_type":"2","photo_url":"https:\/\/ent.news\/2023\/11\/1021.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s executive education industry is adapting to new business realities","related_issue":[610396],"teaser":"Industry insiders tell us that it\u2019s never been more important to adapt to a changing market","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.6e3e523f-0933-47c0-9b63-766b090623e6.mp3"},"yoast_head":"\nOur executive education industry is adapting to new business realities - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our executive education industry is adapting to new business realities\" \/>\n<meta property=\"og:description\" content=\"Industry insiders tell us that it\u2019s never been more important to adapt to a changing market\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/\",\"name\":\"Our executive education industry is adapting to new business realities - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-11-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blackboard\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/blackboards\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Our executive education industry is adapting to new business realities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Our executive education industry is adapting to new business realities - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/","og_locale":"en_US","og_type":"article","og_title":"Our executive education industry is adapting to new business realities","og_description":"Industry insiders tell us that it\u2019s never been more important to adapt to a changing market","og_url":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/","og_site_name":"EnterpriseAM Egypt","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/","url":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/","name":"Our executive education industry is adapting to new business realities - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1","datePublished":"2023-11-20T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1021.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/blackboards\/our-executive-education-industry-is-adapting-to-new-business-realities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Blackboard","item":"https:\/\/enterpriseam.com\/egypt\/blackboards\/"},{"@type":"ListItem","position":3,"name":"Our executive education industry is adapting to new business realities"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/blackboard\/610419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/blackboard"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/blackboard"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/blackboard\/610419\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/610396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/610420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=610419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=610419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=610419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}