Two months have passed since my last entry here. That was not supposed to happen. Yet, it did, affecting once again the German regularity on which I usually like to rely when it comes to structuring my schedule. As the speed of the program increased again during May and the first week of June, priorities shifted towards the execution of various tasks, leaving reflection and introspection on the side for a while. Boxes had to be ticked off. While some of it felt like jumping through the hoops, fuelling my more rebellious side whose disdain for grades seems to increase exponentially as I get older, going through the various simulations provided me with team experiences that I will cherish for some time and look back to as some of the defining moments of my stay here. Continue reading “Continua a muoverti”
From leadership and self reflection in an Italian monastery to final preparations for the Navigating the Future conference – watch the MBAs in action and hear from the Program Dean, Ralf Boscheck:
Thank you to our MBAs for creating and sharing this video with us!
“Go meet your shadow” is what the former biologist turned Jungian psychoanalyst tells me on the way out.
I reply with a short “Again, thank you for your time. Au revoir Margareta.” before shaking the lady’s hand and exiting the Mærsk Mc-Kinney Møller Center on IMD’s campus.
Every IMD MBA student can – for a good part of the program – benefit from a personal coach and analyst to gain insights into what it is that makes him or her tick. This offering is part of the Personal Development Elective and plays a central role in the leadership stream.
I like the idea of the shadow – an image of everything a subject refuses to acknowledge about him- or herself, containing self-denied qualities and impulses – and the belief that the less it is embodied in an individual’s conscious life, the blacker and denser it is.
However, the very process of opening to an analyst and going through the layers of my inner workings is something that I am still not very fond of. Maybe that does say something about me, or maybe it simply says something about the culture and environment I grew up in and was shaped by. Either way, I am willing to take that red pill and go down the rabbit hole for a little longer (the cinematic reference in that sentence will most likely have been spotted by millennial readers).
Those introspective journeys remain a rarity though. The amount of time that went into reading, writing, analysing, preparing and presenting during the entire month of February and the fact that we will continue to be swamped with work all the way to Easter makes any attempt at procrastination futile. Time for self-reflection is a luxury these days, which I think is a pity. As a matter of fact, this post is actually overdue and the only reason I have opted to carve out some time for it now is because I have decided to choose this battle instead of the other ones revolving around Finance, the start-up project and their likes. I won’t even mention the countless books I brought with me from Zurich and was looking forward to delving into, but will most likely not even look at over the coming weeks. The false feeling of having entered a “rat-race” can sometimes resurge and although I believe that it is often much easier to lie about the state of one’s heart than we imagine, I find it relatively easy to dispel those feelings.
It is true that due to their previous studies and professional experiences, some of us are familiar with certain contents of the program. In fact, that is one of the benefits of studying here since a lot of knowledge can be gained through those participants. But so far, what I found out for myself is that I probably wouldn’t have been able to understand certain things without coming here and that this knowledge alone will hopefully serve me well beyond the program.
I have realised that growing up between two cultures and having worked in various places around the globe is not a vaccine against cultural blunders and I have apologised twice during the past two weeks for causing pain to people I consider myself very fortunate to study with.
I have come to understand how important it is to let go of wanting to control it all, since there is only so much one can accomplish over an entire day packed with personal and team deliverables. I must concede: the German in me finds this one very hard to implement.
I believe I have grown slightly better at putting more distance between myself and all the stuff that’s flying around us during the program, somehow insulating myself a bit better than I was able to during the previous years.
Despite the shortage of time, I have found ways and means to maintain regular contact with parents, siblings and close friends; something I wasn’t able to accomplish that well while working.
And although all this feels pretty new to me, I am also aware that some of the previous MBA batches most likely went through similar experiences. If that is indeed the case, I will hereby put the blame on my relative youth and finish by quoting one of my favourite authors:
“Young people get the foolish idea that what is new for them must be new for everybody else too. No matter how unconventional they get, they’re just repeating what others before them have done.” – Yukio Mishima, Runaway Horses
These photos have been carefully selected to ensure no secrets are given away to spoil the surprise elements for future generations of IMD MBA participants!
I can safely speak on behalf of my classmates when I say we were all very proud of Andrea, our friend and classmate, who was awarded the MBA prize of the Fondation Vaudoise pour la Formation Bancaire.
After jet-setting around Europe for 7 weeks I have finally gotten time to talk about it. So our ICP with a telecom giant took me and my team from Hungary to Ireland and everywhere in between. ICP’s are a key part of the MBA program and now that it is over, I can see why it is such a brilliant idea to wrap-up our MBA with a real project for a real client solving real problems.
I am delighted to share that our client was very happy with our work and clearly could see the value-add we brought to the company. All the leadership, finance, accounting, problem-solving and critical thinking lessons learnt throughout the year came in handy to solve the issues at hand.
Immediately, after the ICP’s we headed back to IMD and were greeted with a fantastic gathering of CEO’s of some of the top companies. IMD hosts CEO Rountable for top leaders from across different industries once a year. And this was a great opportunity for us to meet some of these top leaders and learn from them.
I had the chance to hear from Boris Collardi, CEO of Julius Baer. He is clearly an extraordinary executive who climbed up the Banking ladder pretty swiftly and so had some great first hand experiences to share from his journey. His presentation laid out the challenges facing the Wealth Management sector and also his plans to steady Julius Baer to face those challenges well and become a stronger Bank. I must say it is quite extraordinary to hear directly from these people right at the top. Their clarity of vision, simple few point plans and tremendous faith in their abilities and those of their people is quite inspiring to see. It also makes this very real, so much so that we can for the first time begin to believe that some of us can be in those positions and can be fully capable of making similar decisions.
Boris left us with three great lessons for our own careers and I will share those with all of you.
- “You guys are too young to do a job you don’t like”
- “You guys are too young to not take really big risks”
- “Do not over-plan. It is good to have some ideas about your future but do not try to forecast everything. At the same time develop a knack for spotting opportunities as they come”.
I am going to reflect on these lessons for sure and I hope you will too.
All the best
Last week, we had two full days of high potential leadership, and I can truly say it was mind blowing! A moment we will all remember for a long time.