Open Institute of Technology (OPIT) masterclasses bring students face-to-face with real-world business challenges. In OPIT’s July masterclass, OPIT Professor Francesco Derchi and Ph.D. candidate Robert Mario de Stefano explained the principles of regenerative businesses and how regeneration goes hand in hand with growth.
Regenerative Business Models
Professor Derchi began by explaining what exactly is meant by regenerative business models, clearly differentiating them from sustainable or circular models.
Many companies pursue sustainable business models in which they offset their negative impact by investing elsewhere. For example, businesses that are big carbon consumers will support nature regeneration projects. Circular business models are similar but are more focused on their own product chain, aiming to minimize waste by keeping products in use as long as possible through recycling. Both models essentially aim to have a “net-zero” negative impact on the environment.
Regenerative models are different because they actively aim to have a “net-positive” impact on the environment, not just offsetting their own use but actively regenerating the planet.
Massive Transformative Purpose
While regenerative business models are often associated with philanthropic endeavors, Professor Derchi explained that they do not have to be, and that investment in regeneration can be a driver of growth.
He discussed the importance of corporate purpose in the modern business space. Having a strong and clearly stated corporate purpose is considered essential to drive business decision-making, encourage employee buy-in, and promote customer loyalty.
But today, simple corporate missions, such as “make good shoes,” don’t go far enough. People are looking for a Massive Transformational Purpose (MTP) that can take the business to the next level.
Take, for example, Ben & Jerry’s. The business’s initial corporate purpose may have been to make great ice cream and serve it up in a way that people will enjoy. But the business really began to grow when they embraced an MTP. As they announced in their mission statement, “We believe that ice cream can change the world.” Their business activities also have the aim of advancing human rights and dignity, supporting social and economic justice, and protecting and restoring the Earth’s natural systems. While these aims are philanthropic, they have also helped the business grow.
RePlanet
Professor Derchi next talked about RePlanet, a business he recently worked to develop their MTP. Founded in 2015, RePlanet designs and implements customized renewable energy solutions for businesses and projects. The company already operates in the renewable energy field and ranked as the 21st fastest-growing business in Italy in 2023. So while they were already enjoying great success, Derchi worked with them to see if actively embracing a regenerative business model could unlock additional growth.
Working together, RePlanet moved towards an MTP of building a greener future based on today’s choices, ensuring a cleaner world for generations. Meeting this goal started with the energy products that RePlanet sells, such as energy systems that recover heat from dairy farms. But as the business’s MTP, it goes beyond that. RePlanet doesn’t just engage suppliers; it chooses partners that share its specific values. It also influences the projects they choose to work on – they prioritize high-impact social projects, such as recently installing photovoltaic energy systems at a local hospital in Nigeria – and how RePlanet treats its talent, acknowledging that people are the true energy of the company.
Regenerative Business Strategies
Based on work with RePlanet and other businesses, Derchi has identified six archetypal regenerative business strategies for businesses that want to have both a regenerative impact and drive growth:
- Regenerative Leadership – Laying the foundation for regeneration in a broader sense throughout the company
- Nature Regeneration – Strategies to improve the health of the natural world
- Social Regeneration – Regenerating human ecosystems through things such as fair-trade practices
- Responsible Sourcing – Empowering and strengthening suppliers and their communities
- Health & Well-being – Creating products and services that have a positive effect on customers
- Employee Focus – Improve work conditions, lives, and well-being of employees.
Case Studies
Building on the concept of regenerative business models, Roberto Mario de Stefano shared other case studies of businesses that are having a positive impact and enjoying growth thanks to regenerative business models and strategies.
Biorfarm
Biorfarm is a digital platform that supports small-scale agriculture by creating a direct link between small farmers and consumers. Cutting out the middleman in modern supply chains means that farmers earn about 50% more for their produce. They set consumers up as “digital farmers” who actively support and learn about farming activities to promote more conscious food consumption.
Their vision is to create a food economy in which those who produce food and those who consume it are connected. This moves consumers from passive cash cows for large corporations that prioritize profits over the well-being of farmers to actively supporting natural production and a more sustainable system.
Rifo Lab
Rifo Lab is a circular clothing brand with the vision of addressing the problem of overproduction in the clothing industry. Established in Prato, Italy, a traditional textile-producing area, the company produces clothes made from textile waste and biodegradable materials. There are no physical stores, and all orders must be placed online; everything is made to order, reducing excess production.
With an eye on social regeneration, all production takes place within 30 kilometers of their offices, allowing the business to support ethical and local production. They also work with companies that actively integrate migrants into the local community, sharing their local artisan crafts with future generations.
Ogyre
Ogyre is a digital platform that allows you to pay fishermen to fish for waste. When fishermen are out conducting their livelihood, they also collect a significant amount of waste from the ocean, especially plastic waste. Ogyre arranges for fishermen to get paid for collecting that waste, which in turn supports the local fishing communities, and then transforms the waste collected into new sustainable products.
Moving Towards a Regenerative Future
The masterclass concluded with a Q&A session, where it explained that working in regenerative businesses requires the same skills as any other business. But it also requires you to embrace a mindset where value comes from giving and that growth is about working together for a better future, and not just competition.
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Computer Science is fast becoming one of the most valuable fields of study, with high levels of demand and high-salaried career opportunities for successful graduates. If you’re looking for a flexible and rewarding way to hone your computing skills as part of a supportive global community, the BSc in Computer Science at the Open Institute of Technology (OPIT) could be the perfect next step.
Introducing the OPIT BSc in Computer Science
The OPIT BSc in Computer Science is a bachelor’s degree program that provides students with a comprehensive level of both theoretical and practical knowledge of all core areas of computer science. That includes the likes of programming, databases, cloud computing, software development, and artificial intelligence.
Like other programs at OPIT, the Computer Science BSc is delivered exclusively online, with a mixture of recorded and live content for students to engage with. Participants will enjoy the instruction of world-leading lecturers and professors from various fields, including software engineers at major tech brands and esteemed researchers, and will have many paths open to them upon graduation.
Graduates may, for example, seek to push on with their educational journeys, progressing on to a specialized master’s degree at OPIT, like the MSc in Digital Business and Innovation or the MSc in Responsible Artificial Intelligence. Or they could enter the working world in roles like software engineer, data scientist, web developer, app developer, or cybersecurity consultant.
The bullets below outline the key characteristics of this particular course:
- Duration: Three years in total, spread across six terms.
- Content: Core courses for the first four terms, a student-selected specialization for the fifth term, and a capstone project in the final term.
- Focus: Developing detailed theoretical knowledge and practical skills across all core areas of modern computer science.
- Format: Entirely online, with a mixture of live lessons and asynchronous content you can access 24/7 to learn at your own pace.
- Assessment: Progressive assessments over the course of the program, along with a capstone project and dissertation, but no final exams.
What You’ll Learn
Students enrolled in the BSc in Computer Science course at OPIT will enjoy comprehensive instruction in the increasingly diverse sectors that fall under the umbrella of computer science today. That includes a close look at emerging technologies, like AI and machine learning, as well as introductions to the fundamental skills involved in designing and developing pieces of software.
The first four terms are the same for all students. These will include introductions to software engineering, computer security, and cloud computing infrastructure, as well as courses focusing on the core skills that computer scientists invariably need in their careers, like project management, quality assurance, and technical English.
For the fifth term, students will have a choice. They can select five electives from a pool of 27, or select one field to specialize in from a group of five. You may choose to specialize in all things cybersecurity, for example, and learn about emerging cyber threats. Or you could focus more on specific elements of computer science that appeal to your interests and passions, such as game development.
Who It’s For
The BSc in Computer Science program can suit a whole range of prospective applicants and should appeal to anyone with an interest or passion for computing and a desire to pursue a professional career in this field. Whether you’re seeking to enter the world of software development, user experience design, data science, or another related sector, this is the course to consider.
In addition, thanks to OPIT’s engaging, flexible, and exclusively online teaching and learning systems, this course can appeal to people from all over the globe, of different ages, and from different walks of life. It’s equally suitable for recent high school graduates with dreams of making their own apps to seasoned professionals looking to broaden their knowledge or transition to a different career.
The Value of the BSc in Computer Science Course at OPIT
Plenty of universities and higher education establishments around the world offer degrees in computer science, but OPIT’s program stands out for several distinctive reasons.
Firstly, as previously touched upon, all OPIT courses are delivered online. Students have a schedule of live lessons to attend, but can also access recorded content and digital learning resources as and when they choose. This offers an unparalleled level of freedom and flexibility compared to more conventional educational institutions, putting students in the driving seat and letting them learn at their own pace.
OPIT also aims not merely to impart knowledge through lectures and teaching, but to actually help students gain the practical skills they need to take the next logical steps in their education or career. In other words, studying at OPIT isn’t simply about memorizing facts and paragraphs of text; it’s about learning how to apply the knowledge you gain in real-world settings.
OPIT students also enjoy the unique benefits of a global community of like-minded students and world-leading professors. Here, distance is no barrier, and while students and teachers may come from completely different corners of the globe, all are made to feel welcome and heard. Students can reach out to their lecturers when they feel the need for guidance, answers, and advice.
Other benefits of studying with OPIT include:
- Networking opportunities and events, like career fairs, where you can meet and speak with representatives from some of the world’s biggest tech brands
- Consistent support systems from start to finish of your educational journey in the form of mentorships and more
- Helpful tools to expedite your education, like the OPIT AI Copilot, which provides personalized study support
Entry Requirements and Fees
To enroll in the OPIT BSc in Computer Science and take your next steps towards a thrilling and fulfilling career in this field, you’ll need to meet some simple criteria. Unlike other educational institutions, which can impose strict and seemingly unattainable requirements on their applicants, OPIT aims to make tech education more accessible. As a result, aspiring students will require:
- A higher secondary school leaving certificate at EQF Level 4, or equivalent
- B2-level English proficiency, or higher
Naturally, applicants should also have a passion for computer science and a willingness to study, learn, and make the most of the resources, community, and support systems provided by the institute.
In addition, if you happen to have relevant work experience or educational achievements, you may be able to use these to skip certain modules or even entire terms and obtain your degree sooner. OPIT offers a comprehensive credit transfer program, which you can learn more about during the application process.
Regarding fees, OPIT also stands out from the crowd compared to conventional educational institutions, offering affordable rates to make higher tech education more accessible. There are early bird discounts, scholarship opportunities, and even the option to pay either on a term-by-term basis or a one-off up-front fee.
The Open Institute of Technology (OPIT) provides a curated collection of courses for students at every stage of their learning journey, including those who are just starting. For aspiring tech leaders and those who don’t quite feel ready to dive directly into a bachelor’s degree, there’s the OPIT Foundation Program. It’s the perfect starting point to gain core skills, boost confidence, and build a solid base for success.
Introducing the OPIT Foundation Year Program
As the name implies, OPIT’s Foundation Program is about foundation-level knowledge and skills. It’s the only pre-bachelor program in the OPIT lineup, and successful students on this 60-ECTS credit course will obtain a Pre-Tertiary Certificate in Information Technology upon its completion. From there, they can move on to higher levels of learning, like a Bachelor’s in Digital Business or Modern Computer Science.
In other words, the Foundation Program provides a gentle welcome into the world of higher technological education, while also serving as a springboard to help students achieve their long-term goals. By mixing both guided learning and independent study, it also prepares students for the EQF Level 4 experiences and challenges they’ll face once they enroll in a bachelor’s program in IT or a related field.
Here’s a quick breakdown of what the OPIT Foundation Program course involves:
- Duration: Six months, split into two terms, with each term lasting 13 weeks
- Content: Three courses per term, with each one worth 10 ECTS credits, for a total of 60
- Focus: Core skills, like mathematics, English, and introductory-level computing
- Format: Video lectures, independent learning, live sessions, and digital resources (e-books, etc.)
- Assessment: Two to three assessments over the course of the program
What You’ll Learn
The OPIT Foundation Program doesn’t intensely focus on any one particular topic, nor does it thrust onto you the more advanced, complicated aspects of technological education you would find in a bachelor’s or master’s program. Instead, it largely keeps things simple, focusing on the basic building blocks of knowledge and core skills so that students feel comfortable taking the next steps in their studies.
It includes the following courses, spread out across two terms:
- Academic Skills
- Mathematics Literacy I
- Mathematics Literacy II
- Internet and Digital Technology
- Academic Reading, Writing, and Communication
- Introduction to Computer Hardware and Software
Encompassing foundational-level lessons in digital business, computer science, and computer literacy, the Foundation Program produces graduates with a commanding knowledge of common operating systems. Exploring reading and writing, it also helps students master the art of communicating their ideas and responses in clear, academic English.
Who It’s For
The Foundation Year program is for people who are eager to enter the world of technology and eventually pursue a bachelor’s or higher level of education in this field, but feel they need more preparation. It’s for the people who want to work on their core skills and knowledge before progressing to more advanced topics, so that they don’t feel lost or left behind later on.
It can appeal to anyone with a high school-level education and ambitions of pushing themselves further, and to anyone who wants to work in fields like computer science, digital business, and artificial intelligence (AI). You don’t need extensive experience or qualifications to get started (more on that below); just a passion for tech and the motivation to learn.
The Value of the Foundation Program
With technology playing an increasingly integral role in the world today, millions of students want to develop their tech knowledge and skills. The problem is that technology-oriented degree courses can sometimes feel a little too complex or even inaccessible, especially for those who may not have had the most conventional educational journeys in the past.
While so many colleges and universities around the world simply expect students to show up with the relevant skills and knowledge to dive right into degree programs, OPIT understands that some students need a helping hand. That’s where the Foundation Program comes in – it’s the kind of course you won’t find at a typical university, aimed at bridging the gap between high school and higher education.
By progressing through the Foundation Program, students gain not just knowledge, but confidence. The entire course is aimed at eliminating uncertainty and unease. It imbues students with the skills and understanding they need to push onward, to believe in themselves, and to get more value from wherever their education takes them next.
On its own, this course won’t necessarily provide the qualifications you need to move straight into the job market, but it’s a vital stepping stone towards a degree. It also provides numerous other advantages that are unique to the OPIT community:
- Online Learning: Enjoy the benefits of being able to learn at your own pace, from the comfort of home, without the costs and inconveniences associated with relocation, commuting, and so on.
- Strong Support System: OPIT professors regularly check in with students and are on hand around the clock to answer queries and provide guidance.
- Academic Leaders: The OPIT faculty is made up of some of the world’s sharpest minds, including tech company heads, experienced researchers, and even former education ministers.
Entry Requirements and Fees
Unlike OPIT’s other, more advanced courses, the Foundation Program is aimed at beginners, so it does not have particularly strict or complex entry requirements. It’s designed to be as accessible as possible, so that almost anyone can acquire the skills they need to pursue education and a career in technology. The main thing you’ll need is a desire to learn and improve your skills, but applicants should also possess:
- English proficiency at level B2 or higher
- A Secondary School Leaving Certificate, or equivalent
Regarding the fees, OPIT strives to lower the financial barrier of education that can be such a deterrent in conventional education around the world. The institute’s tuition fees are fairly and competitively priced, all-inclusive (without any hidden charges to worry about), and accessible for those working with different budgets.
Given that all resources and instruction are provided online, you can also save a lot of money on relocation and living costs when you study with OPIT. In addition, applicants have the option to pay either up front, with a 10% discount on the total, or on a per-term basis, allowing you to stretch the cost out over a longer period to ease the financial burden.
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