Think, analyze, implement for long-term success

An increasing number of Chinese managers and executives have joined INSEAD'S programs to understand markets outside China and fulfill their ambitions of international expansion. According to Mihov, about 6 percent of INSEAD's students are from China. "We have roughly 1,000 students this year and 58 are from China. Three years ago, the number was 23," he said, adding that INSEAD plans to accelerate growth in Asia. However, it doesn't mean that INSEAD wants to recruit as many Asian students as possible. The school has students from 90 nationalities and it intends to keep its diversity by limiting any single nationality to less than 10 percent in its classrooms.

"Diversity is usually being underestimated. One of the main reasons that make people creative is to work with a team that consists of people that are not like themselves," he said, adding the differences can be in race, gender, experience and background.

"In INSEAD we divide students in groups of five and from day one we try deliberately to create groups among students. Initially, they hate it. One of them said 'why am I supposed to work in a group and do something in eight hours when I can do it myself in one hour'," Mihov said.

"But over time, they really appreciate the experience, which brings very different perspectives. This can be very beneficial to Chinese managers and executives as well," he said.

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