02 Apr 2024
Sasin School of Management is expanding its Action Learning Lab network, giving future leaders more opportunities to gain international business experience and work in global teams. Sasin recently signed a memorandum of understanding (MOU) with Zhejiang University School of Management (ZJUSOM), one of China’s top higher educational institutions and one of the oldest. The agreement included both schools collaborating in the Thailand-China Lab program to offer their students access to a global experience involving approaching an actual business problem in mixed teams of MBA/EMBA students from Sasin and ZJUSOM, thereby generating value for the sponsoring companies and strengthening the relationship among the programs of top business schools in Asia while establishing the basis for the future development of this program.
The Action Learning Lab is a partnership between Sasin and another international school, where students collaborate on real-world client projects and consult on practical business challenges for partner companies. The Sasin-Zhejiang Thailand-China Lab offers MBA and EMBA students invaluable insights and fresh perspectives into Thai and Chinese cultures and business practices, enriching their learning experience.
“This new Thailand-China Lab will foster enhanced cooperation between Thailand and China, providing invaluable opportunities for students to collaborate on real business challenges. By working with actual enterprises, students will broaden their perspectives and strengthen their cross-cultural proficiency,” said Professor Ian Fenwick, Director of Sasin.
Associate Professor Gangfeng Zhang from Zhejiang University School of Management who leads the Thailand-China Lab expressed confidence in the program and emphasized the potential for enduring cooperation.
“During the kick-off session, our students showed great enthusiasm for the project, as it exposed them not only to real business issues but also to issues across countries. It provides them an opportunity to learn by doing. All students showed a strong commitment to the project,” he noted.
Associate Professor Chaipong Pongpanich, Chief Executive of Sasin Management Consulting and Sasin Faculty leading Sasin’s action learning projects, said “Students from Sasin and Zhejiang will work together to develop strategic recommendations addressing business challenges for our partner companies. This collaboration will allow students from both institutions to enhance their abilities and sharpen their critical thinking through real-world business situations.” he stated.
Sasin School of Management has been establishing partnerships with top schools around the world since its inception in 1982 and has since then partnered with many other schools to create the Global Action Learning Labs. In 2017, the MIT-Sasin Action Learning Lab was launched with the MIT Sloan School of Management (USA). The Sasin-Fudan Thailand-China Lab was created in 2018 as a joint program of the Sasin School of Management and Fudan University School of Management in Shanghai, China. Through the Action Learning Lab, Sasin hopes to transform the world’s standard of business education.
About Sasin
Sasin School of Management was the first business school in Thailand to earn international accreditation from both the Association to Advance Collegiate Schools of Business (AACSB) and the European Foundation for Management Development (EQUIS). Sasin has a strong tradition of internationalization and actively cooperates with many world-renowned institutions to provide students with international platforms for action learning.
About Zhejiang University
The School of Management at Zhejiang University (ZJU-SOM) is a leading business school and pioneer in management education in China. Underpinned by the region’s thriving private economy, ZJU-SOM boasts unrivaled connectivity with industry, ensuring its uniquely outstanding capabilities in innovation and entrepreneurship. It is among the few business schools globally accredited by leading bodies such as AACSB, EQUIS, AMBA, and CEEMAN IQA.