The “Department of Management is one of the seven departments forming the at the University of Malta. This has changed its name to "Department of Business & Enterprise Management". While the name “Department of Management” is still well revered and still used effectively in many established universities the world over, the Department felt the need to propose a name that qualifies both who we are and what we do; a name to be with-it, updated, yet enduring, and fresh-sounding and relevant to both the academic and research perspective, as well as the corporate world.
"Our Department's remit embraces the full, broad scope of managing organisations (that is representative of the areas of HR/OB, Strategy and Operations as well as Intrapreneurship and Data Science) and therefore not just ‘businesses’ (whether large multinationals or SMEs) but also non-business organisations (whether social enterprise, governmental institutions, health organisations, charities, etc, the fundamentals and need for effective management still apply whatever the organisation" says Head of the Management Department at FEMA. In view of this, the Department held a number of internal discussions with its Council appointed members, students and stakeholders and the decision to have the word ‘Enterprise’ added to ‘Business Management’ is arguably because:
- Enterprise is broader than just ‘business’.
Enterprise, embraces both purely commercial businesses, as well as state-owned and social organisations - equally. Enterprise, alludes to both long-established corporate form, as well as the start-up venture (whether commercial or not-for-profit). Enterprise, infers initiative, addressing change or dynamic realities, and creating value. Enterprise is about projects and bold, complex undertakings and about opportunity recognition, and its exploitation in competitive dynamic realties. It hence inherently in its very nomenclature captures the essence of creativity and innovation; and lands weight and emphases on: (i) the individual / leadership aspects; (ii) the operational aspects and tools including leveraged technology; (iii) as well as all the strategic aspects (in a global context).
