Leadership development in practice

This week was different from the very beginning. It actually started on Sunday afternoon, when the Magic90 reached IMD’s doors to get to know what was awaiting us in the first Leadership experimental – the first of the many elements of the IMD MBA leadership stream – the heart and the backbone of our MBA journey.

The Prelude

It all began so innocently. We met our coaches, got to know the initial exercise and were sent to the dungeons (study rooms!) to start discussions within our six-person study groups. Plain and simple. The magic happened later…

In the evening we lowered our masks and hung up our personas to share a few pages from the books of our lives. Going home few hours later, we knew each other better than we would have thought the day before. And that was just the start, a prelude to the following days. Tired, thankful and excited we were looking forward to the experience.

The experimental

The next days were full of activities in the beautiful (yet cold 🙂 ) Swiss mountains. Physical and mental challenges to solve, discussions to be held, feedbacks to give and receive. However, that was only the surface, something that a cameraman would record in a documentary movie summarizing ‘student adventures’. The true story lies deeper, invisible to the naked eye.

Emotions. We experienced a lot of them. Positive and negative, mild and extreme. Excitement, passion, frustration, sadness, you name it. We lived through them together and individually. Although uncomfortable at times, they let us be even more who we really are.

Discovery. What is critical is that we have not stopped at living our emotions. It was a challenging learning experience about recognizing and analysing what happens to us, to the others and why, when working together on a joint task. How do we react to certain behaviours? How do our actions influence others? What is the impact of emotions and feelings for the effectiveness of a team?

As an example, I remember the discussions we had while analysing the challenges we solved vs. those we did not manage to cope with. One of the learnings was the importance of communication, giving each other enough space to share ideas and identify the talents and knowledge some of us had that were highly relevant for a given task. Sounds simple, does it not? But so often people think they ‘know better’ instead of listening to others…

Irrespective of how trivial it sounds, we realized and felt how critical the human, soft factor is in everything we do. And that is something you cannot learn in a class. You need to experience it.

The impact

Today’s business environment is a world of teams. We may have the brightest minds and most creative ideas in an organization but it will not take us far if we don’t manage to collaborate with and lead others. This week we made a few additional steps to better understand who we are and how we can effectively interact with others. Self-awareness and leadership – two simple words. Mastering them is a difficult and long path, but the award awaits those who dare to walk it persistently.

The award of truly connecting to inspiring and fascinating people that we onboard onto this journey. Financial and business success will be just by-products.

With warmest thoughts to my team: Anya, Kerry, Surbhi, Mischa and Tiziano.

Lukasz

新年快乐: Celebrating Chinese New Year, IMD style!

Despite being in the throes of the relentless calendar that is Module 1, we find time to bond with and learn about those who seem different from us. I say “seem” because of the learnings from the last few days at our Leadership Experiential. I have learned that if you scratch below the surface of apparent divergence, you find many points to connect on and much common ground. This is a transformational strength of being part of a mind-bogglingly diverse MBA program.

One such experience has been with my peers from Greater China. As I approached them, pen and paper in tow, ready to jot down salient points for a blog post on Chinese New Year, I was greeted with the same joy, excitement, and nostalgia, irrespective of their hometowns. Here are some snippets about their memories and emotions for the Chinese New Year.

China.jpegThe Greater China contingent from the IMD MBA Class of 2019

“For me, the Chinese New Year, or Spring Festival – as we call it, means family. It is about traveling thousands of miles or even across the globe to go back to where you belong, be with family, and enjoy together the food that brings back memories of childhood. As a child, during the festival, I was always trying to peek into the kitchen to see what was on the menu today, and even take a bite while the adults were not looking; and I still do that now, so many years later as a grown-up. Every year my mom would experiment new dishes, but some are not changed and are kept as our family “signature” dishes; every year I just can’t wait to go back home and be comforted and surprised by the food made of love. When I am abroad and cannot go back, my mom would send me pictures of the dishes, and I miss being with families that I treasure and share the food that cures me.” -Junyi Wang, China

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“My (and I would say most Hong Kong people’s) favorite New Year food is definitely Turnip cake (Chinese: Lo Bak Go). This is a traditional food for Lunar New Year. I like the taste but I also enjoy making the cake with my family. My family never cook together. My mother or my grandmother do most of the cooking. Only when it is Lunar New Year, everybody will gather together to cook – some of us peel the turnip, mix the sauce etc. We also enjoy shrimp for dinner on New Year’s Eve. In Cantonese, it is pronounced, “Ha” which means “hahaha” and lots of laughter in the coming year. Fish is “Yu” which means “having plenty” so we have that too. We play mah-jong and it is good for catching up with family and relatives. I will prepare tea for my mother, father, and brother early in the morning on the first day of the year. I would say thank you for your love, care and support for the year and wish them to have good health for the year.” – Angelina Cho, Hong Kong

Related image“Typically on Chinese New Year, parents and elders who are working give the children and younger family members who are not earning yet, red envelopes with money. It is a bonus to the regular pocket money and is considered good luck and blessings. We visit relatives and at home, there is a constant supply of food. Even if you are not hungry you have to keep eating! In Taiwan, we get to see the Electric-Techno Neon Gods do a traditional dance. One the New Year’s day we usually do a big get-together at home, and on the second day, married women are supposed to visit their families. The celebrations continue for a few days and it brings everyone together.” – Kerry Hsiao, Taiwan

a92c2bc0-30a9-46e1-a4e8-24b1201642a1.JPGChinese New Year Hot Pot celebrations!

IMG_8366.jpgFinding precious time to reflect and celebrate among the consecutive academic and leadership activities of this week, out peers from Greater China kept their festive spirits high and involved all of us! They gifted us with red envelopes filled with kind messages and sweet treats. The IMD Restaurant is also treating us with special Chinese New Year themed lunches this week, enjoyed by all, with many laughs at the end as we read out our predictions to each other from fortune cookies. In reality, it is hard to predict where we are headed. But with our families just a phone call away, memories of our cultural celebrations, and the company of our MBA friends, we can be sure that good things await ahead.

Wishing the IMD MBA Class of 2019, our professors, MBA support team, all IMD staff and students, and our blog readers a blessed and spectacular Year of the Pig!

Surbhi

 

 

 

 

Our first month: measurement of time

It’s been a month since most of us moved and started calling Lausanne “home”. A lot has happened in the last 30 days and there are many ways in which we could measure it. If we go by the calendar, most days were filled with an overflow of information, from great classes with a couple of guest speakers to getting our personality test results and looking at ourselves with new eyes. If we go by meeting new people, we went from names on a WhatsApp group to people with wonderful life stories and a lot to learn from, we went from being acquaintances to classmates and are on the road to become great friends. If we go by changing our routines, this month meant going back to being students (something that was long forgotten by most of us) having classes for 8 hours a day and then spending the night reading and doing homework while trying to have a “life”. Either way, it was an overwhelming month in more ways than one, and it only takes one quick glance at the February calendar to know that January was actually just the beginning and things are about to get tough.

One of the things that will make our lives interesting was officially launched this past week. From day one we were talking about the Start-up project when we got the list of the 15 companies that the MBA 2019 class will be working for and were asked to select our favourite four. It also meant that we were being assigned to our study group, the groups of six that will be spending a lot of time together for the next couple of months. We got a few weeks to get to know each other and our work style before we met with our start-up at the end of the month. The day of the meeting you could feel the anxiety in the room, all of us wondering what it will be like, what are they expecting from us and what could we do to help them.

Meeting our start-up turned out to be less stressful than many of us expected, it meant meeting really passionate people working for an idea they really believe in. It also allowed us to bring all our experience to the table and start thinking outside the box, looking at problems from different angles while thinking how are we going to do this on top of all the classes, readings, homework, leadership and career exercises. Time management will for sure be something we are all tested on in the upcoming weeks and as the stress rises, is going to be fun to see how our dynamics change.

I close this post sharing this picture of one of the class speakers we had this month. The reading for the marketing class was about Tag Heuer and we had the pleasant surprise of having the protagonist of the case, Jean-Claude Biver, talk to us about his career. As my classmate Adrian puts it:

Jean-Claude Biver, former CEO of Blancpain, Hublot and most recently Tag Heuer, along with too many accomplishments to list. It was a masterclass in how to be creative in business and how to find your inner entrepreneurial spirit. Incredibly inspiring!

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All in all, it was a great month that flew by and I can only look forward to what is to come!

Helena

Blog Team 2019: The Write Stuff

The IMD blog helped me, and many of my peers, during the application process to the MBA program. Shout outs to the 2018 blog team; thank you for sharing your experiences with candor and humor!

Picking up the baton and upholding class tradition to share meaningful, hilarious, and sometimes trying experiences, we, the blog team of the Class of 2019, are thrilled to introduce ourselves in this post. Helena, Lukasz, Uzair and myself will helm the regular blog posts, while Adrian and Olivier are our skilled photobloggers.

We look forward to being the voice of our class and having many of our peers guest blog in the coming months.

In alphabetical order …


Adrian

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Having spent the last year in Western Australia working as an engineer I believe I’ve possibly come from furthest away for the programme. In my spare time, you would find me kitesurfing, sailing, flying my drone or taking photos. Trying to keep an open eye about new angles and perspectives, through the MBA and through my camera lens. Coming to Switzerland proved to be my 6th country of residence and am very much looking forward to seeing where post-MBA life will take me.

Helena

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Hi everyone! I am Helena from Bogota, Colombia. For the past 8 years, I have been living abroad because of my work in the oil and gas industry. It started back in 2010 when I moved to Kuwait, in 2013 I was moved to Aberdeen, Scotland where I was until 2015 when I went to Trinidad and Tobago. In 2017 I moved to Sahara Algeria up until last year before moving to Switzerland. I obviously enjoy traveling and also cooking: wherever I go I try to learn at least one recipe of local food so I can recreate at home. I’ve been living in Lausanne for almost a month and so far, I am loving my time at IMD, everything from my classmates to the incredible professors have been up to my expectations. I look forward to sharing here my experiences this year as it was through this blog and the past classes that I fell in love with IMD.

Lukasz

Screen Shot 2019-01-28 at 8.54.05 PM.pngPolish citizen by birth, long-term Swiss resident by choice and strategy consultant… also by choice ☺ Although educated in finance, spent last years helping global life sciences companies tackle their strategic challenges. ‘Staying active’ is his middle name. Hiker, biker, and jogger in summer, skier in winter. Passionate about the history of 20th century and classical guitar. Loves dogs. A lot ☺

Olivier

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I’m Olivier and feel rather representative of the average IMD MBA candidate, except that I come from Belgium. I just turned 30, got 7.5 years work experience (for the rest, refer to IMD brochure). In life, I enjoy curiosity, humor, open-mindedness, tackling challenges and killing monkey-businesses. I’m also a great fan of outdoor activities in general and more particularly trekking off-the-beaten-tracks. In the past years, I had the chance to explore Patagonia, Lapland, Nepal, and Greenland just to name a few. Last but not least, I have been a photo enthusiast for about a decade now, which is what brings me here. I particularly enjoy simple shots with pure lines, candid portraits and travel photography.

Surbhi

IMG_8276 copy.jpgHello everyone! I am Surbhi, proud Indian and third culture kid, born and raised in Dubai (I know where to find the world’s best shawarma). During my pre-MBA career over the last ten years, I was a life-sciences strategy consultant in the USA before working on patient-centricity programs focused on Africa and the Middle East. Professionally, I am passionate about bringing innovative medicines to patients and creating efficiencies in the lab-to-bedside process. I am an ardent traveler and most recently went hiking in Bhutan. I enjoy postcolonial fiction, movies, yoga, and love spending time in nature 🙂

Uzair

765e88e9-b7a9-4625-88e9-2528374124ae.JPGI’m Uzair (Uzi) & I come from the highly scenic lands of Jaipur & Hyderabad in India. Previously I was a consultant to an international NGO working in public healthcare and I have also worked for 7 years with a global pharma company. I consider myself an outdoor enthusiast who likes to experiment with new things. I have cycled the Atlantic Ocean road in Norway, Skydived in the Swiss Alps, backpacked through Cambodia, ridden a 5-trotted Icelandic horse through lava fields and traveled across 13 countries. I also train for long distance running & have participated in HM & 10K runs.

Thank you for reading our stories and for supporting us through this journey!

Surbhi

 

 

Brand Thyself

As MBAs in training and future visionaries looking to make a dent in the world (we hope), we have already had experience with brand management for products, or expect to learn the latter in the months to come. A subject less often discussed is the nebulous, subjective, and frankly tough job of branding ourselves. In a world where everyone and their pet chameleon are on social media, branding is as universal as it is essential to conducting business, be it medicine, manufacturing, or mergers and acquisitions.

Which brings me to our Career Development session yesterday with Arjen Iwema from W-Focus on Personal Branding. Most of us have some idea of who we are, and are perhaps less clear about where and who we want to be in the future. Arjen, IMD MBA Class of 2003, spoke to us about his journey towards a clear individual brand, professional and personal, and urged us to use a comprehensive framework to begin our exploration into our branding statements.

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The most rewarding part of the day for me was drafting our personal statements and then sharing them within our groups (also our start-up teams). It was a wonderful way to get to know each other beyond qualifications and years of work experience. We shared our feedback with each other and marveled at the various hidden aspects of each other’s personalities. All I can say is, wine enthusiasts, serial marathoners, and auto nerds lurk among us 🙂

A significant takeaway from the session was the value in being authentically yourself because this cannot be replicated. It is difficult at times, especially since many of us come from cultures where humility is paramount, and speaking about yourself is just plain awkward. As we step into pre-executive roles, it may not be required or even advised, to harp on about our abilities. But it would do us a world of good if we have a clear sense of who we are and where we are headed. In a dynamic environment where many things will not go our way, we can at least have a strong sense of self to share with those we want to influence, and more importantly, ourselves.

Now onto prep for Operations class tomorrow! Have a good one.

 

 

 

 

 

 

 

 

Sailing Santa Margherita

A few days ago, 11 of my MBA classmates, 4 alumni and I had the chance to participate in the MBA Bocconi Regatta in Santa Margherita Italy, one of the top MBA sports meetings of the year, and an opportunity to meet people from other prestigious business schools.

Most importantly, it was a true stretching teamwork and leadership experience that could not have been “taught in a classroom nor induced through group assignments in an MBA class setting”, as Hassan, one of my crew members, highlights it. “There’s something about being on a sail boat with 6 of your classmates and an alumni in the middle of the Ligurian Sea, competing for Regatta glory by carefully pulling ropes and forcing tight maneuvers to get ahead of the competition, that brings home what teamwork is all about. It’s observing your crew, anticipating issues, being available to them, reinforcing communication, and giving your best that matters when the horn sounds and the boats set sail.”

What was particular about our setup was the lack of sailing experience of most of us MBAs. This was a real challenge given that safety, on top of performance, was at stake.  Martina, recalls that, “Every wrong maneuverer was immediately visible, no mistake was forgiven.”

So how did it play out for us? The truth is that Daniel and Claude, our skippers and IMD’s alumni from 2014 and 2017, played a pivotal role in our success. In less than 3 days, we managed to pull two crews together, get up to speed and perform.

“Daniel and Claude were not “only” skippers, they were leaders who gained our respect by leveraging the talent which each single individual brought in, by staying calm in tense situations and by focusing on our learning experience and development. Martina.

From our skippers perspective, the Regatta was also a stretch, as Daniel Emeka (MBA 2014) highlights:

” I had to bear in mind that since we didn’t have time to practice much I would be relying on people taking initiative within prescribed limits and a framework. Both Claude and myself made sure we held an initial briefing, and sought to reassign where we thought roles weren’t aligned with requirements and break the entire sailing experience into phases such as getting in and out of the harbor versus racing (third phase) which had a different set of roles. The team then only had to think one phase at a time and focus on those tasks.

The team had heightened IQ and EQ, so they quickly picked up on concepts like wind direction and tacking/gybing (it helped that there were quite a few engineers) as well as self-motivation, team dynamics management, …and waiting for the right moments to bring up issues. This really added to the morale and kept us focused on important things for prolonged periods. As for the usual rookie mistakes, we got the course wrong once, misjudged weather patterns, sometimes didn’t notice some problems early enough. But these were all corrected for and no mistake was made twice”

From Claude’s (MBA 2017) perspective:

“For the second time in two years, I had the chance to be on the IMD racing boat for the MBA Bocconi regatta as skipper. Unlike last year, I was not familiar with most of the crew members who were current MBA students. Getting a crew of seven to perform coordinated specialized activities in the limited space of a boat with the pressure of competitors like Harvard, MIT, INSEAD, HEC, and Chicago is a thrilling and sensational challenge. For the boat to move, turn, and accelerate, everyone needs to know his/her role and objectives, communicate effectively, and understand how to react to unexpected events. The learning curve is steep, and the crew needs to take risks and dare to make decisions with a limited amount of information and time. After a few initial adjustments, we were able to improve our maneuvers, increase speed, and reduce reaction time. And after the first race, I had already forgotten that I wasn’t part of this class: it felt like we were one team and that I knew the crew as well as I knew my classmates last year. Unfortunately, we did not win the regatta, but we don’t need to be on top of rankings to be successful. And for me success, was creating meaningful human bonds with 2018 class, enjoying the time together and leaving in some of them a bit of my passion for sailing.”

This Regatta remains one of the most symbolic, memorable and sensational events of our MBA experience, and a great sports tradition I would like to help future classes maintain and improve. On behalf of the sailing team and the MBA sports committee, I would like to say a BIG THANK YOU to our dean Sean Meehan, and the MBA staff for their support in making this happen!

Sara, for the MBA Sports Committee

 

Conquering The Chaos: Last Leg of the IMD MBA Discovery Expedition

 

Landed middle of the night in Bangalore, we didn‘t witness much of the renowned Indian chaos. It was still there, though. We could feel it first-hand during the past three days, while discovering what I would call the first layer of the Indian economy. Continue reading “Conquering The Chaos: Last Leg of the IMD MBA Discovery Expedition”