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M21098 - Heroic Challenge Management Business Strategy (Online)

  • 17 Nov 2021
  • 13:30 - 16:45
  • Online Webinar


Registration is closed
Registration Time: 13:15
Sessions Time: 13:30 - 16:45 incl 15min break
Speaker: Mr Mark Galea
Venue: Onine Webinar

Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

Background Information

Heroic Challenge Management’ (HCM) was introduced at the ‘International Journal of Art and Science’ conference in Budapest in 2019, and in a publication of the ‘International Journal of Business and Management Studies’. The building blocks were presented at a conference in Rome in 2018 in a conference proceeding.  
HCM is proposed by Galea et al. (2019) as a model of management that assisted the researcher to tackle a tough situation that he went through: the loss of his father at a young age and having to manage his family business. Its roots are the ‘Magical Formula’: Values, Inspiration and Passion. The concept is thus a response to a tough situation faced when managing the day-to-day affairs of a company. Galea et al. (2019) refer to the fact that his father contributed to the formation of the concept by being a strong inspiration for the researcher. Galea et al. (2018) is the underlying document that presents the foundation and ingredients of the concept.
The researcher is currently investigating how HCM can be applied in Maltese Business Education Accounting Classroom. The aim of this study is to explore how HCM is manifest in the teaching and learning of the accounting subject and how it can be infused in the accounting business education syllabus. Ultimately the application of HCM to Accounting.

Objectives of the Session

• To understand the meaning of Leadership, Management and Entrepreneurship
• To understand what Heroic Challenge Management (HCM) stands for
• To understand the meaning of Teamwork

Topics on the AgendA

• Leadership
• Entrepreneurship
• Management
• The Magical Formula: Values, Inspiration and Passion
• The Case of Haartland and Co.
• The application to the Maltese Business Education Classroom


Accountants, Economists, Managers, Insurance Brokers, Stock Brokers and people working in a company setting and business Students.

Speakers profile

Mark Galea is a  Shareholder and a Managing Partner of a family business called Haartland and Co., which owns a portfolio of property for Long-Let. He worked in this business for the past five years, taking care of its Management, Administration and Financial Accounts. He is carrying out Academic research about Leadership applied to Business. He graduated from Accountancy at the University of Malta.  He also graduated from the International Business Master’s Program at the University of Warsaw, also having completed an Erasmus exchange at the University of Bologna. He has been carrying out Visiting Lecturing and Master Thesis Supervision at the University of Malta. Also having been a Visiting Lecturer at the University of Bologna twice. He took part actively in two academic conferences in both Rome and Budapest, where he presented the development of Heroic Challenge Management (HCM), which has been recognized and published in the International Business and Management Studies Journal.


3 Hours Professional


Terms and conditions apply


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