{"id":40223,"date":"2025-06-19T12:00:00","date_gmt":"2025-06-19T10:00:00","guid":{"rendered":"https:\/\/www.ie.edu\/uncover-ie\/?p=40223"},"modified":"2026-03-24T12:33:28","modified_gmt":"2026-03-24T11:33:28","slug":"shanghai-business-trip-ie-business-school","status":"publish","type":"post","link":"https:\/\/www.ie.edu\/uncover-ie\/shanghai-business-trip-ie-business-school\/","title":{"rendered":"Global Immersion Week in Shanghai: Business school trips"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\"> 5<\/span> <span class=\"rt-label rt-postfix\">min read<\/span><\/span>\n<p>Executives and entrepreneurs need to have a finger on the pulse of the world. So when our <a href=\"https:\/\/www.ie.edu\/business-school\/programs\/masters\/executive-master-in-digital-transformation-innovation-leadership\/\">Executive Master in Digital Transformation &amp; Innovation Leadership<\/a> cohort got a chance to see how Shanghai business works up close, they jumped in feet-first. The unique immersion experience was the perfect chance to understand what\u2019s currently fueling innovation\u2014while building strategic networks in one of the world\u2019s biggest emerging economies.<\/p>\n\n\n\n<p>We spoke to <a href=\"https:\/\/www.linkedin.com\/in\/ricardo-s%C3%A1inz-fuertes-md-msc-phd-frcpsych-81716010\/?originalSubdomain=es\">Ricardo Sainz<\/a>, Global Director of Digital Health Solutions, and <a href=\"https:\/\/www.linkedin.com\/in\/nathaliesteck\/\">Nathalie Steck<\/a>, Co-Founder and Chief Sales and Marketing Officer at yanopurna, and <a href=\"https:\/\/www.linkedin.com\/in\/oleg-elchenko-874245217\/\" target=\"_blank\" rel=\"noreferrer noopener\">Oleg Elchenko<\/a>, an independent Lead Tax Lawyer, to get an inside look at their transformative experiences during Global Immersion Week.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-value-of-firsthand-experience-nbsp\">The value of firsthand experience&nbsp;<\/h2>\n\n\n\n<p>When it comes to leadership, firsthand knowledge can make all the difference. It can help leaders connect with their customers to craft products, services or strategies that work. It also makes a difference inside the company: <a href=\"https:\/\/www.adpresearch.com\/assets\/global-workplace-study\/\">studies show<\/a> that employees who trust their leader\u2019s real-world expertise are 14 times more productive and engaged at work.<\/p>\n\n\n\n<p>The Executive Master in Digital Transformation &amp; Innovation Leadership understands the importance of immersive learning. As a blended program, it combines online education with week-long residential periods, allowing you to improve your leadership in real time. These face-to-face sessions don\u2019t just help participants bond; they foster network-building, knowledge exchange, peer-to-peer learning and strategic insights into countries and business areas beyond your own.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Executive Master in Digital Transformation &amp; Innovation Leadership | Meet our Students:Ricardo S\u00e1inz\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/hCnn5bILsAY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>These residential weeks take place in Madrid and another international destination. This year, Global Immersion Week took participants to Shanghai, where business leaders came together to gain valuable practical experiences in the field. The trip builds firsthand, global knowledge through visits to top companies and meetings with local experts in various industries.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-lessons-from-the-private-and-public-sectors\">Lessons from the private and public sectors<\/h2>\n\n\n\n<p>\u201cMy key takeaway was recognizing the stark contrast between preconceived notions about China and the everyday reality of its people,\u201d Ricardo says. The first thing our participants noticed in Shanghai was just how \u201ccosmopolitan, vibrant and innovative\u201d the city truly is. It\u2019s a place where spirituality, deep tradition and cutting-edge technology coexist in harmony, creating a captivating landscape unlike anywhere else.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"h-engaging-with-diverse-cultures-requires-sensitivity-and-respect-ricardo-sainz\">\u201cEngaging with diverse cultures requires sensitivity and respect,\u201d Ricardo Sainz.<\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"40227\" src=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-1024x683.jpg\" alt=\"\" class=\"wp-image-40227\" srcset=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-1024x683.jpg 1024w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-300x200.jpg 300w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-150x100.jpg 150w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-768x512.jpg 768w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-1170x780.jpg 1170w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-585x390.jpg 585w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai-263x175.jpg 263w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/business-in-shanghai.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n<\/div>\n<\/div>\n\n\n\n<p>Besides its rich culture, Shanghai is a city that never sleeps. <a href=\"https:\/\/english.www.gov.cn\/archive\/statistics\/202403\/22\/content_WS65fcdb3dc6d0868f4e8e5557.html#:~:text=Shanghai%20has%20become%20home%20to,new%20home%2C%20said%20the%20report.\">According to the latest numbers<\/a>, it attracted over 6,000 foreign businesses in 2023 alone, including multinational headquarters and R&amp;D firms. That&#8217;s not even counting the home-grown companies thriving in this <a href=\"https:\/\/en.people.cn\/n3\/2024\/1212\/c98649-20253134.html\">24\/7 economy<\/a> that only continues to grow.&nbsp;<\/p>\n\n\n\n<p>Global Immersion Week participants visited several local enterprises to gain insight into Shanghai\u2019s business landscape, including:<\/p>\n\n\n\n<p><strong>Haifu Medical Technology Co., Ltd.:<\/strong> A leading manufacturer developing non-invasive ultrasound therapeutic systems for treating cancers<\/p>\n\n\n\n<p><strong>NIO Inc.:<\/strong> A smart electric vehicle (EV) company disrupting the game with next-generation technologies like battery swapping, autonomous driving and digital experiences<\/p>\n\n\n\n<p><strong>Jiaxing Municipal People\u2019s Government:<\/strong> A nearby city, only 40 minutes away from Shanghai by bullet train, that\u2019s home to the booming Jiaxing Economic &amp; Technological Development Zone<\/p>\n\n\n\n<p>They learned that while private investment is a big driver of economic growth, the public sector still has a vital role to play. As Ricardo explains, \u201cI witnessed how the concerted efforts of public and private enterprises can coalesce to improve people&#8217;s lives.\u201d Whether through regulations, policy action or initiatives like the Jiaxing Economic &amp; Technological Development Zone, public-private partnerships might just be the key to sustainable business development.<\/p>\n\n\n\n<p>&#8220;One of the most striking insights was how the country operates as a centrally governed ecosystem where strategically important projects can scale with lightning speed,&#8221; says Oleg. &#8220;This rapid development is powered by an immense flow of data circulating within the system and supported by a tightly connected collaborative network\u2014led above all by the government.&#8221;<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"h-much-of-what-i-previously-knew-about-china-was-shaped-by-books-articles-and-media-but-as-the-saying-goes-one-look-is-worth-a-thousand-words-now-i-can-say-i-ve-not-only-read-or-heard-about-china-i-ve-seen-it-firsthand-oleg-elchenko\">&#8220;Much of what I previously knew about China was shaped by books, articles, and media. But as the saying goes, &#8220;One look is worth a thousand words.&#8221; Now, I can say I\u2019ve not only read or heard about China\u2014I\u2019ve seen it firsthand,&#8221; Oleg Elchenko.<\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"684\" data-id=\"40229\" src=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-1024x684.jpg\" alt=\"\" class=\"wp-image-40229\" srcset=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-1024x684.jpg 1024w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-300x201.jpg 300w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-150x100.jpg 150w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-768x513.jpg 768w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai.jpg 1200w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-1170x782.jpg 1170w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-585x391.jpg 585w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/study-exchange-shanghai-263x175.jpg 263w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-is-data-the-new-oil\">Is data the new oil?<\/h2>\n\n\n\n<p>After <a href=\"https:\/\/www.linkedin.com\/posts\/nathaliesteck_bluetorch-excellence-iebusinessschool-activity-7331311669693878273-ylYx\/\">receiving<\/a> IE Business School\u2019s <a href=\"https:\/\/www.ie.edu\/uncover-ie\/blue-torch-awards-ie-business-school\/\">Blue Torch Award<\/a>, Nathalie wasn\u2019t sure any experience would come close to topping her win. But the entrepreneur and ex-Googler says that Global Immersion Week really enriched her innovation mindset. \u201cThe Chinese approach to innovation\u2014learning and improving with pride\u2014allows them to develop products faster and cheaper than many Western counterparts.\u201d<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"h-just-as-oil-was-crucial-for-industrial-development-data-is-now-essential-for-technological-advancements-nathalie-steck\">&#8220;Just as oil was crucial for industrial development, data is now essential for technological advancements,&#8221; Nathalie Steck.<\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"40228\" src=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-1024x683.jpg\" alt=\"\" class=\"wp-image-40228\" srcset=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-1024x683.jpg 1024w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-300x200.jpg 300w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-150x100.jpg 150w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-768x512.jpg 768w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-1170x780.jpg 1170w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-585x390.jpg 585w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels-263x175.jpg 263w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2025\/06\/shanghai-travels.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n<\/div>\n<\/div>\n\n\n\n<p>However, she doesn\u2019t discount the fact that the country\u2019s vast population gives it a significant competitive advantage in this regard, especially when it comes to data collection and use. \u201cJust as oil was crucial for industrial development, data is now essential for technological advancements,\u201d she explains.&nbsp;<\/p>\n\n\n\n<p>Oleg was similarly impressed by China&#8217;s commitment to innovation. &#8220;A country\u2019s economy cannot thrive without a well-developed logistics infrastructure\u2014and this point was consistently emphasized throughout the week,&#8221; he says. &#8220;Whether it was a presentation by municipal government officials or a visit to a high-tech park, logistical connectivity was always one of the first topics addressed.&#8221;<\/p>\n\n\n\n<p>The value of these huge data sets is already clear in AI innovation and the development of <a href=\"https:\/\/www.opporture.org\/automotive\/training-data-for-autonomous-vehicles\/#:~:text=Autonomous%20vehicles%20require%20adequate%20data,their%20destinations%20without%20human%20intervention.\">safer autonomous vehicles<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-s-innovation-trends-are-appearing-in-shanghai-business\">What\u2019s innovation trends are appearing in Shanghai business?<\/h2>\n\n\n\n<p>Nathalie particularly enjoyed the visit to NIO and testing out the company\u2019s revolutionary battery swapping technology firsthand. Although each participant had their own highlight from Global Immersion Week, there were a few lessons that truly stood out:<\/p>\n\n\n\n<p>1. Chinese brands are becoming increasingly popular in households across the world. \u201cAnd with <a href=\"https:\/\/www.mckinsey.com\/featured-insights\/future-of-asia\/the-rise-of-asian-global-players\">700 million middle-class consumers<\/a> projected by 2030, China\u2019s global footprint will only deepen,\u201d says Nathalie. As a result, more companies could find new growth opportunities here.<\/p>\n\n\n\n<p>2. Local businesses have perfected the <strong>\u201chigh tech at low cost\u201d concept,<\/strong> which is a game-changing development. This provides a blueprint for other innovators who want to launch disruptions fast and at scale.<\/p>\n\n\n\n<p>3. The introduction of tariffs might shift innovation centers to BRICS nations and the Global South, and both local businesses and foreign companies are already gearing up for these changes.<\/p>\n\n\n\n<p>4. China is producing transformative and innovative products. For example, <strong>High-Intensity Focused Ultrasound (HIFU) machines<\/strong> will transform how physicians approach the treatment of solid tumors. HIFU technology offers less invasive treatment options than traditional surgery and radiation, and it\u2019s showing great promise in addressing localized prostate cancer.<\/p>\n\n\n\n<p>5. In another example of innovative production, it became clear that <strong>smart EVs<\/strong> are the future of mobility. But a new approach is needed to improve user experience. <a href=\"https:\/\/www.bbc.com\/future\/article\/20250506-are-chinas-swap-stations-the-future-of-electric-cars#:~:text=Chinese%20electric%20vehicle%20company%20Nio,ecosystem%20across%20the%20whole%20nation%22.\">In China<\/a>, <strong>battery swapping stations<\/strong> are changing how EV drivers charge their vehicles, leading to less time lost at regular charging stations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cementing-professional-futures\">Cementing professional futures<\/h2>\n\n\n\n<p>Building real-world experience, regional insights and global networks is the only way modern executives can lead effectively. Executive Master in Digital Transformation &amp; Innovation Leadership participants develop these essential skills thanks to initiatives like Global Immersion Week.<\/p>\n\n\n\n<div class=\"wp-block-columns banner h-banner banner-b is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading banner-title\" id=\"boost-your-career-with-our-master-in-management\">From Shanghai business trips to innovative learning, join us at IE Business School<\/h3>\n\n\n\n<p class=\"banner-content\">Find out how the Executive Master in Digital Transformation &amp; Innovation Leadership prepares you to think globally and stay a step ahead of the rest.&nbsp;<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button banner-btn\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.ie.edu\/business-school\/programs\/masters\/executive-master-in-digital-transformation-innovation-leadership\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn more<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There are benefits to an intercontinental education.<\/p>\n","protected":false},"author":56,"featured_media":40460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[1078,389],"tags":[451,521,483,944],"class_list":["post-40223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ie-trips","category-student-life-experience","tag-business-school","tag-executive-master-in-digital-transformation-and-innovation-leadership","tag-masters","tag-science-technology-and-data"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.4 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Global Immersion Week in Shanghai: Business school trips &#8212; Uncover IE<\/title>\n<meta name=\"description\" content=\"Interested in learning about the Shanghai business environment? 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