An Odyssey of Challenges and Secure Bases

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“It is exactly what we expected from this project. On top of that, the practical action plans appended with the business models will help us to move forward with the pilot phase”, were the appreciative closing words from our ICP client during the final presentation.

Yet, the journey to get there was everything but an easy walk.

Mid-October, the project seemed to be as dismal as the rainy days in Lausanne. It is only during the first presentation, the client and we concurred on the final project scope.  To make things worse, our team dynamics were confidently entrenched in the so-called “storming” phase, which is, according to the theory, the much-needed step before reaching the “performing” phase of teamwork …. The five of us, totaling 43 years of cumulative work experience in various industries, got stuck for days. After designing a bunch of occult graphs (our NDA, but also our pride, prevent us to disclose those here), the most serious man of the team started self-mockery: “We’d better prepare some AEDs for next presentation. Either the client or our faculty may need them.”

However, thanks to the experiences acquired during this year, every one of us knew how to navigate this situation. Rounds of argument shaped our prototypes of new business models. Following the tradition of leadership streams, we took frequent feedback sessions which helped the team moving out of the storming stage. Meanwhile, continuous and subtle guidance from faculty coach, Professor Ralf Seifert, helped us to maintain ICP on the right track. Nemawashi, newly taught in the ICP preparing sessions, was applied to build consensus between clients and us (Yes, we avoided using AED during client meetings).

When looking back at the ICP journey, we think our team performed like the sailors of Odysseus, confronting a series of unknows and challenges. Everyone experienced frustration, confusion, and pressure. The support and specific expertise from each other made the team stronger, and hence we finally passed the whirlpool and sailed to the destination.

Soon, we will leave the IMD campus and re-enter into the real world – real jobs as well as real life. Like the ICP, the only certain thing in our future life is uncertainty. But we will not freak out. We have experienced ICP. And more importantly, we have ICP teammates who are friends and secure bases for the future.

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Finally, thank you to Vivekanand Pandey and Olivier De Liedekerke. Their commitment and optimism are the true inspiration for our ICP. The team’s success would not be possible without their contribution (as well as tolerance on my demand for MECE).

Chaoyi

 

IMD Conversations: Mother’s Day Special!

They are our first home.

Our first friends. Our fiercest protectors.

They give the best hugs. They help us stand after we fall,  their belief in our abilities unwavering. They teach us how to do our hair, buy furniture, and nourish relationships. They help us get those precious remote controls from our dads.

Mothers. Beautiful. Flawed. All striving to make a better world for their offspring.

This Mother’s Day I caught up with the three moms at the IMD MBA program. I am personally inspired by these women, and how they manage to thrive through this intense year, all while being present and generous in their children’s lives. Let’s learn about Camila (Brazil), Kristina (Russia) and Swati (India) …

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What about IMD influenced your decision to pursue the MBA program here? Which aspects are appealing to you as mothers of young children?

Camila: Switzerland is a place that I find wonderful for kids to grow up in. This environment is super healthy for my son in terms of infrastructure. Also, my family is already based here so that helped me with my decision.

Swati: Agree with Camila. I also feel that IMD has a slightly more mature peer group that understands that you have a family and a life beyond the MBA. This makes all the difference to me, a benefit that I felt only IMD will provide. Also, the partner support services and the work that Marcella does, these aspects make a huge difference for me.

Kristina: I felt that IMD is one of the shortest MBA programs and since my family is in Russia, I felt that I can manage it in a good way and also see my daughter on some weekends. We also have a month off in July which is great. The partners’ program made my husband feel more inclusive and understand the importance of the program for me. It helped him adapt to being a single parent for this year and made our transition easier.

And what has been the role of family support for you?

Camila: This was crucial, and there is the difference between a mother or a father attending the program, with exceptions of course. Usually, a mother can be home taking care of a kid and it is more acceptable and the model that is more widely spread. When a father provides childcare you need some arrangements in place. My husband works so creating a strong support network is critical, and then doing the program is feasible.

Swati: This program is a big decision, especially if a mother is doing it. You do need to be cognizant of the demands of the program, and be realistic and create your infrastructure around it. The IMD community is special. I experienced this last year as a partner and this year as a participant. Last year I needed a nanny urgently and I just didn’t know what to do. So many partners offered help and Marcella called me and told me that she has a nanny available if we needed one. So, the community really makes a difference.

Kristina: For me, there was a commitment from my family to help out, even though they all work. They have helped me much more than I expected. We have planned every weekend throughout the year, who would stay with my daughter and how all the visits would be coordinated. There were unexpected changes. For example, I planned that my daughter would stay in Moscow initially and join me in the summer with the nanny. Now she can’t so I got consents for all my friends who can potentially travel here so that whenever there is an occasion someone can bring her here for a day or two.

PHOTO-2019-05-13-20-06-17.jpgKristina and her daughter, Mia

As future CEOs and change makers, and as moms of future leaders, how do you wish to influence society? What do you think is vital for us to achieve for the next generation?

Kristina: I want to show to my daughter that you don’t have to sacrifice your career or your personal aspirations towards family. You can be successful at both. There is a focus on flexibility in my life which I think is important and I’m teaching to my daughter to be adaptable, to explore, and not to fear change. As a leader, I would want to create in my organization an attitude to dare to change, dare to be flexible, for example going from more bureaucracy in companies to flexible time and allow employees to be with family.

Swati: This is a difficult question. There are individual goals, but as a part of society, we need to think about how we want to transform. As a collective, gender parity is important. We know it will take 200 years before men and women are equal in society. We have studied about bias in class, we know this exists. If we don’t push this issue, it could take us 400 years. If we make enough noise it could take 150 years. I think we have a significant social responsibility in this respect.

Camila: For me, the MBA was an enabler to have a positive impact on the world. I was at a moment in my career where I was thinking, in the future, in 5 or 10 years, how proud will I be with what I do. Motherhood has changed me in that I now think how proud will I be telling my son that I am where I am, making the choices that I did in life. So, this is about role modeling and about thinking deeply on how to make my work more meaningful and impactful.

What would you like female applicants, especially mothers, to know about the IMD MBA program experience?

Camila: Overcome the fear. Honestly, I think as successful women we struggle a lot. And it’s really hard to get where we were before the MBA. I think the biggest fear is what if I leave and I don’t go back to the same level. Or something happens. Or will my husband be able to manage? Just put the fear aside. Put your infrastructure in place. It’s doable and it’s worth it.

Swati: A lot of moms ask me about the MBA program and what I tell all of them is that this is the best thing you can do for your child. Switzerland is a unique experience and children just love it. Lausanne is fantastic for kids. If you plan it well, you can manage a great experience in a cost-effective manner. Do your research and be pro-active. The Partners’ program is so robust at IMD. It can find you jobs, schools, and kindergartens.

Kristina: It is not easy to be on the program and be a mom. But it really is all about how you manage it. I am happy that I am going through it. Even though my daughter does not stay with me full time, even for the short visits that she makes, she’s already made friends with Amaya (Swati’s daughter) and each time I speak to her on the phone she asks for her! This program is not just for me now. It is for her. And this is very precious.

PHOTO-2019-05-13-20-06-08.jpgWhile mums study the little ones play! Mia (Kristina’s daughter) and Amaya (Swati’s daughter) enjoying some sunshine

Massive thanks to Camila, Kristina, and Swati for your time and thoughts!

To all moms, those with us and those watching over us, thank you for all that you have done, and for all that you do. Happy Mother’s Day!

Surbhi

Lausanne Alumni Club Merit Scholarship Winner

Shweta Mukesh was recently selected as the best all-round applicant from the first application deadline and was subsequently awarded the Lausanne Alumni Club Merit Scholarship. Here’s a bit more about her:

“I wear two professional hats. The first is as a founder of a for-purpose organization called KidsWhoKode. The second is as a VP of Solutioning and International Business at an HR Technology company called Belong. I consider my greatest professional achievement so far to be buiding Belong’s two largest growth engines from ground zero. Both were strategic pivots for the organization and transformed the DNA from customer acquisition to customer lifetime value and from pure products to bundled solutions.

At the same time, I am very proud and humbled by the work we do at KidsWhoKode. Over the last one and a half years, we have built computer literacy and coding skills in over 5,000 students. More importantly, we have increased our student’s exposure to technology and have created pathways for them to realize their dreams/unique talents.  

I believe that ability is evenly distributed. Opportunity is not. I want to use my career and the different roles I play, in either the corporate or the non-profit world, as a platform to create a more equitable society. 

I am honoured to have been selected as the first winner of the Lausanne Alumni Club Merit Scholarship and am grateful to them for creating this opportunity. Knowing that a part of the financial burden of the program will be taken care off, ensures that I can keep an open mind to all possibilities. I hope to use my education and experiences to contribute back in a meaningful way.   

Shweta Mukesh

Kristina Mityaeva, IMD MBA Diversity Scholarship winner

I have traveled extensively since my childhood and have visited nearly 40 countries. From an early age, I recognised that globalisation would become a dominant characteristic of modernity, and consequently, I learned the Latin, English, French and Chinese languages to enhance both my communication skills and understanding of the world.

A Lithuania-born Russian, I was fortunate to have the opportunity to live in the US and Kenya as an adult, developing the experience of becoming a “local” abroad and learning how others live, work, and think. Additionally, I have visited China and Hong Kong approximately 10 times over the last year and have established a deeper understanding of the uniqueness of Asian culture and its business environment.

After I graduated from the Russian State University for Humanities as a Lawyer, I spent 8 years in international FMCG companies like P&G and Herbalife building their in-house legal functions across CIS, Baltics, Mongolia and Israel.

For the last two years, I supported the international e-commerce business of the Alibaba Group, and became the first Legal counsel of the Group based outside of China and Hong Kong.

However, my career demands that I refine my global experience and mindset to ensure that I will be well-positioned to serve in roles anywhere in the world, so I decided to do an MBA to broaden my understanding of business and build some new skills for the future.

The best thing so far at IMD is definitely the academic staff. The professors are all super charismatic and engaging during the sessions. I never laughed so much during my years in Law School! Although some of the subjects are not so easy for me to crack– indeed Accounting and Finance gave me some really hard times even after tens of hours spent on extra tutorials and out of class preparation.  

Another great experience was the startup project. My group consulted Little Green House childcare centers on their growing strategies. As I have a 4-year-old daughter, and I also had some teaching experience with kids during my one year stay in Kenya, I was very glad to join this project, get more insights on the educational system of Switzerland and create impact for the generation of my daughter.

My daughter running across the water in Oregon, US where I travel for work and friends.

The IMD MBA journey is very dynamic, diverse, multi-layered and comprehensive. It fully reflects my life aspirations and attitude, and maybe that’s one of the reasons why I received IMD’s Diversity Scholarship – I strongly believe that globalisation and diverse collaboration are among the best tools to achieve sustainable results.

Kristina Mityaeva

Banner image: Sakhalin island where I lived as a kid

Mischa Riedo – Winner of IMD MBA Class of 1976 Merit Scholarship

I was born and raised in Berne, Switzerland but have been living and working in Zurich for the past 10 years. I’ve worked in the financial industry for most of my career. I started off in derivatives trading and then moved on to investment specialist roles for large institutional and wealthy private clients.

Prior to IMD, I co-founded and grew my own company for 3 years. We built a software application for businesses to modernize their performance review processes through real-time feedback and dynamic objectives. A lot of the learnings during these 3 years led me to apply at IMD with its focus on leadership in a very intimate and personalized setting.

I’m extremely grateful that the class of 1976 chose me as its candidate and I hope our class will set up a scholarship one day as well to support talents in the future.

Aside from work, I love exploring the world with my fiancé. Whether it’s through travelling or simply discovering new cooking or cocktail recipes, it’s always an adventure that I enjoy like none other.

In terms of IMD, my personal highlight thus far has been the strategy course with Professor Misiek Piskorski. It provided me with a myriad of insights into strategic analysis and decision-making while doing so in an entertaining and engaging manner. On the challenging side I’d note the intensity of the programme which makes it really hard to spend as much time with my fiancé as I’d like.”

Mischa Riedo
MBA 2019

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

 

 

“Magic 90”

The IMD MBA Class of 2019 WhatsApp group was born on a warm June day in 2018. The initial participants were 20 odd folk scattered across time zones. Our initial conversations revolved around polite, formal introductions, mentions of when we had travelled to someone’s country, and program administrative questions. Somewhere along the way, as summer blended into autumn, our comfort levels with each other, and the size of the group, grew. A great indicator of how our equation has evolved over the past months is the name we recently bestowed onto the chat group; “Magic 90”.

There is something magical about a group of people who never knew of each other before, now priming to develop some of the more influential relationships of our lives. The common thread? A shared desire to survive and thrive during the IMD MBA program.

We are different. Sometimes the chat is overcome by conversations in Hindi or Portuguese with the rest of us scrambling to Google Translate. On an average day we motivate each other to finish the pre-reads, discuss who makes the best cocktails, inquire about nannies and babysitting services. Some of us volunteered for a babysitting circle to help out our peers with bambinos. We’ve even discussed wardrobe requirements and shopping sales, a conversation primarily driven by the ladies! And all this shared with people we have not even met yet.

Wait, I stand corrected. Some of us have met. While transiting through Taiwan, Basel, Mumbai and Rio, our peers have met over meals and coffee, and then shared pictures with the rest. It’s almost like a blind date, but set up by IMD, and the big smiles show that a fun time was had by all. It makes
me eager to get on campus and get this show started!

We have also seen a great willingness to help out on the group. Whether someone is sharing pertinent HBR articles or sending across finance reading files that another cannot access, there is a high level of proactive giving happening in “Magic 90”. Our friends currently in Lausanne are generous with their time and wisdom. Swati and Camila, for example, have equipped us with nuggets of knowledge on Swiss door locks, grocery shopping strategies, and insurance and phone plans.

Currently, we are sharing vacation (read: pre-IMD relaxation) pictures and collectively enjoyed the IMD MBA Class of 2018 graduation live stream. As this unity grows, we’re not quite sure where our IMD journeys will take us. But if months of daily chatting are anything to go by, our virtually budding friendships are a prelude to the great times and strong bonds that lie ahead.

Surbhi