Another building block in our MBA journey

Our first integrative exercise is done! And even though exams are looming in the horizon we literally saw the light on Saturday after our second presentations were done and we were freed from the dungeons.

I knew the basics of the exercise before coming here: we will be given 48 hours for an assignment that will require using all the knowledge of our module 1 classes. I knew we will need to present and defend our proposal in front of a jury. I knew it would test our team dynamics and really take us to the next level. But I also knew that knowing all of the above was not going to help prepare for it, so I chose to follow Sean wise words at the beginning of the program and just “trust the process”.

The experience was different for everyone so I can only speak for myself when I say that the exercise as a whole was so enriching that it will be a memorable moment of this year. It is one of those things that you can only understand once you live through it and if I had to choose the best part, it was the way the feedback was given by the jury during both presentations.  It was then when it clicked in to place that this exercise was just preparation for the next part of the program, especially the start-up presentation and the ICPs during module 3.

I leave you with some really nice pictures shared by my classmates

The dungeons became home for two nights

After!

Notice the happy smiles because we know it is over! (for now!)

Summer project: an opportunity to explore and experiment!

Today’s guest entry is by Anupama Kateja.

Having already done one management program from a prestigious school eight years ago, I was being discouraged from pursuing another similar program. However, I was clear – it wasn’t an MBA program I was opting for, it was IMD’s international customized program structure that encouraged me to pursue a second masters. Continue reading “Summer project: an opportunity to explore and experiment!”

Summer company engagement: digital disruptions in the energy grid

Along our curriculum, the summer Company Engagement Project (CEP) is the opportunity for all of us to do one step towards our post-MBA dream job. Some choose to engage with local companies for an on-site mini-project, some other choose to engage in a remote personal report fueled by various expert interviews. On my side, my aim was to get a better understanding of the business of a company that really interest me (Siemens) and then to have a chance to open-up on the broader challenges and disruptions awaiting me back in the real world once I am done with my MBA.

This is why I chose to work on a group study with Siemens next47 from Munich, Germany when the opportunity presented itself! Siemens next47 is the arm of Siemens responsible for collaborating with start-ups targeting disruptive business model opportunities in (among other things) distributed electrification, A.I. , connected (e-)mobility, autonomous machines and blockchain applications. Nice trending business topics to work on indeed!

So far I found in my project more than what I bargained for! If I could summarize it my way our subject would be like this: “Here is a technology. Deep dive in these three markets. Tell us what we could do.”

Here we are, three motivated students (Luca Gianaschi, David Risco and myself) having four weeks to:

  • summarize the subtleties and inefficiencies of a very complex and regulated industry (the energy business as a whole),
  • apprehend a new technology: the blockchain and its possible implications for the energy business and
  • do specific recommendations on possible implementations and business models!

This project so far got us the chance to work on what people arguably call “the most disruptive invention since the Internet itself” and its possible implications in Europe and in industries outside the obvious (Fintech). It also got us the opportunity to interact with experts and most importantly with Siemens next47.

We now have to put together in four weeks all what our complementary experiences in consulting, innovation or IT taught us, together with our newly acquired MBA insights and way to look at markets and business models!

Our aim is here to come up with concrete models that we would go and present in Munich to Siemens on the 5th of August for our final meeting with them! I unfortunately won’t be able to tell you more than that: big hush-hush here! But let me tell you this: We are talking about big disruptions in the energy grid!

Nicolas