Business of Culture
Executive Program for Leaders in Arts and Culture in the Nordics and Baltics
Do you have a passion for growing into and succeeding in a demanding leadership position? Do you have a clear picture of your organization’s value creation dynamics? Are you ready to go beyond incremental finetuning when developing your culture business?
Like any other sector, the cultural sector faces challenges because of today’s growing volatility and ambiguity. The conditions relate to the health crisis and economic downturns, changed political demands, economies, funding, public desire, and much more. As a result, many cultural institutions find themselves in a constant process of change and renewal, which creates a need for new strategies and development. The need for cooperation with networks and multidisciplinary collaboration to expose new ways to grow and deliver will increase.
A fresh approach to management and leadership is needed to guarantee positive results under changed circumstances. Cultural leaders need to have the proper knowledge and self-confidence to make strategic decisions about responding to multiple challenges and developing ways of working. To grow into and succeed in a demanding leadership position, leaders need skills and competencies to impact beyond their organization and the field itself. This new era calls for new business skills and a change in leadership mindsets.
The Business of Culture program is an executive program for leaders from the Arts and Culture sector in the Nordic and Baltic regions. The program is designed to enrich and develop participants’ understanding of how effective leadership, business acumen, networking, and collaboration can transform their organizations. It equips leaders and executives with strategies and tools to advance their organizations effectively.
Join the program and learn skills and competencies to change your mindset and impact your organization and beyond.
9 ECTS credits can be transferred from this program to the Aalto Executive MBA or Aalto MBA program.
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Value and Impact through Collaborations
Program partners have an essential role in the Business of Culture program, their expertise in supporting organizations to develop and participate in the program particularly benefits the cultural field in the Nordics and Baltics.
BI Norwegian Business School is a co-operation partner and The Nationalmuseum Sweden a collaboration partner of the program.
The support of art professionals plays a key role in ensuring lifelong learning in leadership and strengthening collaboration in the field of Arts and Culture. Arts and culture professionals are supported by the AKO Foundation, the Saastamoinen Foundation, and the association Föreningen Konstsamfundet.
Artistic Integrity and Leading a Culture Organization Are Two Different Things – That’s Why Culture Sector Needs to Understand BusinessRead the article
Join the program to build your business acumen and contribute to finding unique ways for arts and culture institutions to stay relevant and have a more significant impact on society. Meet and network with other leaders and experts and explore new and innovative concepts.
Be part of the leaders’ network – Have the privilege to join the BOC network across the Nordics and Baltics led by Aalto EE in co-operation with BI Norwegian Business School, Oslo, and in collaboration with the Nationalmuseum, Sweden.
Analyze and focus – Take the opportunity to explore and think in your own time with the blended format comprising two online courses and seven intense face-to-face days in three countries.
Broaden your horizons – Find networks and multidisciplinary collaborations to expose new ways to grow and deliver.
The program got excellent feedback from the last cohorts’ participants, with overall feedback of 5.6/6. The Net Promoter Score is 89.
“Joining the Business of Culture program has been a life-changing experience in many ways. The self-development journey highlighted some of the issues that prevent me from performing at my fullest potential. Addressing these issues has empowered me as a leader and strengthened my sense of direction and leadership ability. The content of the program has been highly relevant. It has also provided valuable insights on how to strengthen strategic relations and stay societally relevant.”
“You might start the program feeling overwhelmed by the demands and pressure caused by radical changes in your business environment - but you come out with an empowered and enlightened mindset. You are not alone in your mission and passion for improving the position of creative industries in society, you have a network, you have power, you have tools, you have a voice and courage to use it."
“Business of Culture is a program that will benefit you immensely as a leader working in any aspect of the cultural sector. If you are willing to be open and vulnerable with the shortcomings we all face as leaders and boldy plunge yourself into participating in the class discussions the effect can be life-altering. Having completed this program I can truly say it has made me a better, more capable, and more knowledgeable CEO.”
The program is designed for professionals working in arts and culture organizations in the Nordic and Baltic countries. We are looking for highly motivated candidates who will bring their strong management and leadership experience to the program and stimulate cross-fertilization of insights and expertise from their field.
We are seeking applicants who can demonstrate:
- Minimum five years of relevant work experience in managerial or senior specialist positions
- Hunger to grow as a leader and enthusiasm in embracing and living the business of culture
- Committed to driving the sector into new areas of collaboration between culture and other industries
Past participants, the alumni, have represented various cultural fields and came from leading positions in their organizations. The networks they built across fields and social capital are now serving as a source of advice, business, and friendship.
Contents and Schedule
The program content is divided into three themes.
CoPassionate Leadership: The first theme starts with a self-development process focusing on increasing self-awareness and strengthening the ability to lead and steer change in the workplace and beyond.
Distinctive Business: The second theme develops business acumen in managing and innovating operational models of cultural organizations. In this Creative Operational Model Workshop, you will be provided with a set of business and strategy tools and frameworks that are essential in developing and managing a business of culture.
Strategic Relations: The third theme focuses on strengthening strategic relations to add value to your community and the society around us.
The Business of Culture program will be run in Copenhagen, Helsinki, and Oslo during a half-year study period between October 2023 and May 2024 through three face-to-face modules and two self-paced online courses. All seven module days will include lectures, keynotes, discussions, and workshops with experienced faculty members who are top experts in their respective fields. Throughout the program, interactive and reflective tools and methods will help with thinking and renewal.
Evenings are reserved for networking with peers and for receptions to meet with cultural and business leaders.
The BoC Reception series prepares for the next scene in the culture business. Moderated discussions in the receptions aim to discover ways cultural organizations can develop their activities and cooperation networks. The red thread in the keynote series is to increase the discussion and find answers to the question, ‘Could the art and culture sector, together with business, enable a more vibrant society and sustainable growth?’
Between modules, you will be guided to design and implement a self-development process that will contribute significantly to your personal and professional joy, development, performance, and results. You will be sharing learnings and sparring with your peer group and the facilitator.
Working on your own personal and professional development with an experienced coach deepens your ability to work through conflicts, paradoxes, and dilemmas to find new solutions and move ahead. In three coaching sessions in the spring, you will be gently challenged to see patterns in your behavior and identify ranges of available strategies for moving ahead and further into your full potential.
The Business of Culture program is worth 7 ECTS credits. If desired, up to 9 ECTSs can be transferred to an Aalto Executive MBA or Aalto MBA program.
Nordic networking experience
Modules in Denmark, Finland, and Norway with the BoC receptions to meet colleagues and local delegates
Blended learning modules
Intensive onsite and online learning modules offering experiental learning and reflective opportunities
Growing as a leader with a tailor-made self-development journey and a valuable coaching process.
Terje Gaustad is an Assistant Professor in the Department of Communication and Culture and Associate Dean for BI’s bachelor program in Creative Industries Management.
Gaustad is also responsible for BI’s executive program in Production Management for Cultural and Entertainment Industries.
As part of BI’s Centre for Creative Industries, Gaustad has researched the digitization of entertainment industries and published on topics such as digitization and diversity in the film industry, new channel strategies, project strategy, and the economic efficiency of copyright enforcement.
In addition to his academic work, Terje Gaustad is an associate partner in Menon Economics, a consultancy operating at the interface of economics, politics and the market. He has a professional entertainment industry background that includes producer credits for theatrical feature films such as the British comedies “Save Angel Hope” (2007) and “Nasty Neighbours” (1999).
Terje Gaustad holds a PhD in Strategic Management from the BI Norwegian Business School and an M.A. in Communication Management from the Annenberg School of Communication at the University of Southern California.
Dr. Ville Eloranta is currently a Postdoctoral Researcher at Aalto University School of Business.
Dr. Eloranta is an expert in business model innovation (especially platform business models), distributed ledger technologies (especially open blockchain implementations), and design management (connecting design paradigms to management practice).
Ville Eloranta is teaching future transdisciplinary professionals in International Design Business Management programs and is also involved in developing Network university Fitech (a transformative education endeavor of the seven biggest Finnish universities, Technology Industries of Finland, and TEK). He is researching business models in decentralized business ecosystems and has a solid track record of publications in top-level management journals.
Before joining academia, Dr, Eloranta worked for nearly 20 years as a service designer, programmer, and design agency entrepreneur (founder of a 30-person company in three countries), solving digitalization challenges, especially for big B2B customers.
Dr. Ville Eloranta holds a PhD in Industrial Engineering and Management from Aalto University School of Science.
From September 2018, Kasper Holten is CEO of the Royal Danish Theatre in Copenhagen (Denmark’s national home for opera, ballet, drama and symphonic music).
Kasper Holten (born 1973 in Copenhagen) was Artistic Director of the Royal Danish Opera 2000-2011 and Director of Opera at the Royal Opera House Covent Garden 2011-2017.
Holten has directed opera, drama, musicals and operetta in Denmark, Sweden, Norway, Iceland, Finland, Latvia, Germany, UK, France, Austria, Hungary, Spain, Italy, Israel, Argentina, Russia, China, Australia, Japan and USA.
Kasper Holten made his feature film debut in 2009 directing and co-writing Juan – a radical, fast-paced contemporary take on Mozart’s opera Don Giovanni, which was praised at film festivals from Korea to Germany and the US.
Kasper Holten has directed more than 70 productions, including many at leading opera houses such as Covent Garden, Wiener Staatsoper, Teatro alla Scala, Deutsche Opera Berlin and Teatro Real. His productions include: Der Ring des Nibelungen (Copenhagen), Carmen (Bregenz Festival), Eugene Onegin, Don Giovanni and Meistersinger (Covent Garden), Der Rosenkavalier (Lyon), Idomeneo (Vienna) and Lohengrin (Berlin), as well as a number of new commissions. Several of his productions are available on DVD.
He is a sought-after motivational speaker on leading and developing extraordinary talents, and he has worked as a teacher at schools and Young Artists Programmes in Denmark, Sweden and the UK.
He is former Vice President of Opera Europa, has been a member of the Danish Radio and TV Board and the Danish Arts Council, and is an honorary professor at Copenhagen Business School. He has received a Knighthood and the medal ”Ingenio et Arti” from HM Queen Margrethe II of Denmark and is a Commander of Romania.
For further information, please go to www.holten.com
Dr. Tristram Hunt is the Director of the Victoria and Albert Museum, London – the world’s leading museum of art, design and performance.
Since taking up the post in 2017, Dr. Hunt has prioritized support for design education in UK schools, expansion of the photography department, and encouraging debate around the history of the museum’s global collections.
Dr. Hunt’s priorities are focused on the transition to a multi-site museum, with V&A Dundee, the redesign of the Museum of Childhood, and the development of a new museum and open access Collections and Research Centre in Stratford, East London.
Prior to joining the V&A, Dr. Hunt was Member of Parliament for Stoke-on-Trent Central and Shadow Secretary of State for Education. He has a doctorate in Victorian history from Cambridge University and is a Fellow of the Royal Historical Society. In addition to numerous radio and TV programmes for the BBC, he is the author of Building Jerusalem: The Rise and Fall of the Victorian City (2005); Friedrich Engels: The Frock-Coated Communist (2009); and Ten Cities That Made an Empire (2014).
Licentiate of Law Karri Kaitue is a board professional and business manager.
He has served as Director at Ekokem and Deputy Managing Director at Outokumpu Oyj. In Finland, Kaitue has been for example the Chairman of the Board of Directors of the University of the Arts, Destia, and CapMan.
Currently, Kaitue holds several board positions internationally.
Kaitue has an extraordinary and fresh view of the management challenges and goals of cultural organizations combined with strong business management experience. For Kaitue the success of the cultural sector and the successful dialogue with the rest of society is an important value.
Teemu Malmi is a Professor of Accounting at Aalto University School of Business. He specializes in managerial control systems, strategy implementation and cost, and profitability accounting.
Professor Malmi has served as a consultant to a large number of companies from different industries, e.g. Computers, Electrical, Energy, Finance, Food processing, Furniture, Health Care, Media, Metal and Engineering, Paper and Pulp, Pharmaceuticals, Rental Services, Retail, telecom and Transportation/logistics. He has also served ministries, municipalities, and hospitals.
Pekka Mattila is Associate Professor at the Aalto University School of Business.
He works frequently with European, Asian, African, and North American executive audiences on themes of strategic management, business model innovation, leadership, top team dynamics, leading change and transformation, organizational culture, and strategic marketing. During the period 2011-2021, he served as the Managing Director and Associate Dean of Aalto University Executive Education.
In addition to his academic activities Mattila has conducted an active business career. He has served or currently serves as the Chairman of the Board or as a Member of the Board at a number of innovative companies in media, banking, ecommerce, technology, edtech, invest-in, construction, as well as food and beverage industries. Moreover, he serves as a Member of the Board of The Finnish National Gallery.
Mattila holds a doctorate (D.Sc. 2006) and a master’s degree (M.Sc. 2003) in sociology at the University of Helsinki and an Executive MBA (2010) at London Business School. Over the years, he has frequently visited several prestigious European and Asian universities teaching management, organizational behaviour, marketing, and sociology.
Mattila has authored several managerial books on leadership, change, and transformation as well as strategic marketing and sales. His consulting, training, and coaching career started in 2003, and his corporate clients comprise over 480 Nordic and international companies, entrepreneurial ventures as well as prominent public sector institutions and NGOs.
Johan Magnusson is an Associate Professor at the Department of Applied IT, University of Gothenburg. There he acts as head of the division for information systems, and as a co-director for the Swedish Center for Digital Innovation.
He has a background in management accounting and devotes his time to research within the field of how digitalization topples old assumptions in governance and control, and how it forces us to balance innovation and efficiency in a new manner. He is active as an external keynote and advisor for organizations within both the public- and private sector and is highly engaged in the public debate concerning the digitalization of society.
Ben Nothnagel is a Senior Advisor at Aalto University Executive Education and has worked with Aalto EE for over 20 years specializing in developing the leadership skills of executives who are part of ambitious businesses.
Nothnagel's focus is on encouraging individuals and organizations to excel by increasing self-awareness, creating understanding of the individual diversity of performance and results, enhancing influencing-skills and building high-performance leadership teams.
Nothnagel’s current research focus on three main areas: neuro-leadership (practical lessons that leaders can learn from neuro-science), cognitive decision-making and emotional-intelligence.
Nothnagel teaches periodically in Aalto Executive MBA programs at various locations in Europe and Asia. He is the owner of Benna Oy and is a Senior Advisor at Aalto EE. He works as a consultant and executive-coach all over the world, including the Nordic-countries, Germany, the United States and Asia. His clients include companies such as ABB, Basware, Cargotec, Danfoss, Daimler, Fazer, Finnair, GE, Hewlett-Packard, HKScan, Michelin, Ruukki, Vaisala and Yahoo.
Nothnagel is an Attorney at Law, Myers-Briggs Certified Interpreter and Certified Emotional-Intelligence Practitioner.
Dr. Susanna Pettersson is Director General at Nationalmuseum, Sweden. She is an art historian specializing in museum history and collection studies.
She is also Adjunct Professor in Museology at the University of Jyväskylä, Finland, and Associate Professor at the Reinwardt Academy in Amsterdam, the Netherlands. Before moving to Stockholm, she worked as Director of the Ateneum Art Museum, Finnish National Gallery.
Dr. Pettersson has worked for more than twenty years in museums. Her posts have included Director of the Finnish Institute in London, Director of the Alvar Aalto Foundation and Museum and Director of Development at the Finnish National Gallery.
Dr. Pettersson’s research interests include museum history, collection studies, history of art history as well as 19th -century and modern art, and she publishes widely. Her positions of trust include Board Membership of Aalto University (Finland) and she is also President of the Board of the Finnish Institute in Japan.
Tom Remlov, Theater Director and Film Producer, has held several top management positions in the Norwegian art world.
Remlov was Artistic Director at Den Nationale Scene (The National Stage) in Bergen from 1986 to 1996, Managing Director and Executive Producer at the publicly-owned studio and production company Norsk Film AS until 2001, CEO at Den Norske Opera & Ballett (The Norwegian Opera & Ballet) from 2008 to 2014, and Artistic Director at Riksteatret (The Norwegian National Touring Theatre) for a fixed tenure ending in 2020.
Throughout his professional life, Mr. Remlov has been active as a public speaker, educator, translator, and writer and has served on a wide range of committees and boards. Apart from several directorships, he is today Adjunct Executive in Residence at BI Norwegian Business School at the Department of Leadership and Organizational Behaviour.
Ingrid Røynesdal is a Norwegian pianist and conductor, and CEO of the Oslo Philharmonic.
Ingrid Røynesdal made early contact with classical music because her father was a musician in the Trondheim Symphony Orchestra. She studied piano at the Barratt Due Music Institute and the Norwegian Academy of Music with Jens Harald Bratlie, Jiří Hlinka, and Einar Henning Smebye as teachers. She graduated from the two-year soloist diploma program at the Norwegian Academy of Music in the spring of 2005 in the same year as she completed her master's degree in political science with a thesis on cultural policy.
Previously, she was director of the Edvard Grieg Museum Troldhaugen in Bergen from 2011--2013, chair of the board of the Ultima festival, and a commentator and reviewer in Aftenposten from 2009--2011. She took over as director of the Oslo Philharmonic from Odd S. Gullberg in 2013.
Risto Sarvas is a Professor of Practice and Head of the Information Networks program at Aalto University. He has a colorful history overlapping design, business, technology, and society.
The common denominator between these three roles is his endless enthusiasm to figure out how technology and society are intertwined: as a culture, in politics, in business, as well as in everyday life.
His research, teaching, and service design work have received several awards and much popularity.
Risto Sarvas holds a doctorate from the Helsinki University of Technology in Media Technology.
Dr. Sharon Watson was appointed CEO and Principal of the Northern School of Contemporary Dance in May 2020. Prior to that, she was the 7th and longest-standing Artistic Director of Phoenix Dance Theatre.
Trained at the London School of Contemporary Dance, she was one of the first female Principal Dancers invited to join the all-male award-winning Phoenix Dance Company, touring with the company from 1989 to 1997, where she choreographed Never Still and Shaded Limits. Having left Phoenix to pursue a number of other ventures, including setting up her own company ABCD, Sharon returned in 2009 as the new Artistic Director.
During her tenure at Phoenix Dance Theatre, Sharon has received a number of awards and accolades: In 2010, she was named as one of the Cultural Leadership Programme’s ‘Women to Watch,’ a list of 50 influential women working in arts and culture in the UK. She recently received the Liverpool Institute of Performing Arts’ Companionship Award from Sir Paul McCartney and was recognized as one of the ‘100 faces of a vibrant economy 2017’ by Grant Thornton.
Watson’s recognitions are a testament to her continued passion and drive to contribute to the local and national creative industries through the medium of dance. She is committed to improving diversity within the arts by supporting the creative voices of women and black and ethnic minority artists.
It Comes Down to Caring; Not only Demanding but Sharing, Empathy, and Togetherness
AKO Foundation Agrees to Support Aalto EE in Development of Leadership in the Nordic Cultural Sector
Program Fee and Application
Aalto EE's Business of Culture program partners are offering financial support for the Business of Culture studies.
You can apply the funding via our webstore and provide us with the necessary documents. Download the details of the application process and instructions and send your application.
Please note that there are two deadlines for applying the scholarships: May 31, and August 15, 2023.