As we prepare to welcome in the next MBA Program Dean, Seán Meehan, here are some final words from Professor Ralf Boscheck, who has been running the ship for the past four years.

IMD’s year is ending and so is my fourth and last term as MBA Program Director. Time to thank you for your support and to sum up what we tried to do.

For the last four years, we aimed to put the program into the centre of the school. The idea was to combine its small size and the benefit of attention with the scale of one of the largest executive development operations in the world. In the process, we broke up silos and dismantled hierarchies. We changed our recruiting procedures, adjusted our marketing efforts and strengthened key elements of the program. We improved some rankings and even managed to change some rating methodologies. We also publicly challenged those appraisals where – even when results improved – we questioned the integrity of the statistics that had been applied. Some praised us for it – others clearly did not. And boy – did they not praise us.

Over the years, the MBA office transformed into a successful and truly collaborative team that generated a range of new and valuable initiatives. At the end, we hope to have made some improvements to what has always been a solid and unique program. For the last four years, our tag line has been – “the skills to know, the confidence to act and the humility to lead.”  Even if these words were to change in the future – I think we would be well advised to recall them as the spirit of what we stand for.

Personally, I am very thankful for the opportunity that the MBA assignment has given me – I learned things about others and myself that I would have not realized otherwise. I learned to trust, gained confidence and a bit of humility.

Let me end with a question that a former colleague of ours, the late Professor Stewart Hamilton, asked me a long time back – and I know I have asked this question to some of you before: “How many years are between 30 & 40?”

The answer is “Less than you think … may be three … So as you pursue your career don’t forget to live!

On that note, all the best to you and your families.

Ralf

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