Tag: MEMBA

Facing your fears: What I learned from Cass Innovate 2019

Cass Business School’s yearly flagship event Cass Innovate is attended by entrepreneurs, business owners, finance professionals, consultants and students. Its diverse attendees really shows the living and breathing entrepreneurship ecosystem nurtured by Cass and City, University of London.

The keynote speech by Andrew Lynch, MSc Investment Management (2009) from Huckletree reminded me of the Steve Jobs theory of “connecting the dots.” Jobs’ theory is that it’s only possible to connect the dots looking backwards, so when launching your own venture you must trust your intuition. Andrew’s background and earlier experience in property and finance led him to venture into a business specialising in the coworking space and accelerator Huckletree.

Andrew Lynch: Keynote speaker, CEO of Huckletree and Cass alumnus

The breakout sessions offered at the event were mixed from talks, workshops and panel discussions to serve the need of a wider audience. The workshop The fear of failure: the number 1 enemy was particularly engaging and thought-provoking. The workshop was jam-packed with attendees from various backgrounds seeking an answer to the critical question: “what’s holding you back?”

Delivered by Professor Costas Andriopoulos, we started the workshop by filling in a CV of sorts of our failures. We wrote about what we didn’t get into: job positions, degree programmes, or other failures in life. Initially, I found this exercise counter-intuitive, especially as a CV is all about one’s achievements. The exercise of writing about your failures was a daunting task at first, but at the same time, it also instills the idea of pushing yourself to find alternatives. One more thing I picked up from the session was how to assess the possible negative consequences of an idea through analysis and ranking to explore ways to mitigate it. In fact, this is the first time I ever attended a session on failure and it has changed my mindset on failure and success.

Costas Andriopoulos: The Fear of Failure: the Number 1 Enemy

The session Financing methods throughout a company’s lifecycle, led by Professor Meziane Lasfer, was useful due to its real-world applications to raise the funding your own venture. Professor Lasfer succinctly explained the various methods of raising equity, be it from angel investment, venture capital (VC), private equity, debt and IPO. The session was attended by many budding entrepreneurs, serial entrepreneurs, small business owners as well as investors. Professor Lasfer led the session using the sources of funding used by Amazon as an example. The astonishing journey from launching a company to IPO truly illustrated the need for entrepreneurs and business owners. The Amazon example also provided a glimpse into the profit an investor can make through the different stages of investing in a company.

The final session I attended covered the topic of a Founder exit using research from three studies and was delivered by Professor Vangelis Souitaris and Dr Stefania Zerbinati. I gained insight into the reasons why founders decide to exit– for an example, it may be simply frustration due to lack of power. I learned how founders exit— financial exit, management exit, or simply a combination of two— and what they do afterwards. The most interesting aspect of the session was the opportunity to meet completely different sets of attendees, as many of them have an experience of selling their business in the past.

Overall, the event was well organised and refreshment breaks between sessions gave attendees enough time to connect, re-connect and swap business cards over tea or coffee. There was also plenty of time for networking over wine and nibbles at the end of the day and I look forward to attending Cass Innovate in 2020.

Amit Shah, Modular Executive MBA (2021)

An explorer of ideas: from a PhD to an MBA

I have been a life-long student, with an extensive academic career in a lab and a few degrees to my name.

My passion for learning and my ceaseless curiosity has taken me to a variety of places both geographically and professionally. Soon after graduating, as a result of a serendipitous opportunity, I took a job at the California State Senate Committee for Natural Resources and Water. Which, let’s say, is not the standard path for a PhD in Biomedical Sciences with expertise in genetics and metabolic syndromes… But that odd career move that really sums up my career and my thirst for knowledge.

Induction day: meeting my cohort

I am an explorer of ideas, always willing to try completely new things and never afraid to put myself in situations where I need to very quickly become proficient in an entirely new subject area. I now find myself in London, where I currently work with strategy and Smart Cities – can you see the pattern? – and I realize that the fire to learn more and to explore new opportunities has not yet been extinguished.

I have been interested in studying an MBA since finishing my PhD in Biomedical Sciences. However, it wasn’t until the stars aligned that I had the courage to embark on this new two-year journey. I realized that I was growing complacent and needed to find a way to challenge myself again. My hope for the Executive MBA is to unlock greater career opportunities, enhance skills I developed empirically and provide me with a solid foundation to help guide me in whichever direction my interests take me next.

I found in Cass a school which not only accepts my unconventional academic and professional background, but proudly embraces it. Moreover, the Cass philosophy is similar to mine and people here truly believe in lifelong learning, which is something close to my heart.

My Executive MBA has just begun. I am incredibly happy with my cohort and am impressed with the high caliber of the lecturers. They are not only knowledgeable, but also have been able to make the eight-hour marathon sessions we have on weekends dynamic and enjoyable.

First Careers Beers networking event

Although the MBA is a time when one needs to balance coursework, lectures, and personal life, my cohort bonded immediately. We take advantage of the amazing networking opportunities and social gatherings the school organizes. Having an environment and a school that is so supportive and encourages these social interactions is ideal for networking, which is another one of my reasons for selecting Cass.

I don’t know what to expect next in my career, but I feel there is enough gas left in the tank to propel me again into new challenges and exciting situations. I know this MBA will lay down the business foundations I desire to acquire. Studying at Cass will guide me towards the skills I’ll need to once again set sail in my lifelong journey of personal development and fulfilment.

Leonardo G. Alves, PhD

Veep, collaborative leadership and the MBA

**Warning.  This blog contains spoilers.  Read on if you’re okay with that. **


Artwork by Jin Kim

There’s no shortage of stuff to remind us that collaboration matters.  Being a good ‘team player’ is shorthand for the qualities needed to work with other human beings and get things done.  But that doesn’t mean it’s easy.  Mix up a bunch of people with different skills, experiences, and objectives; chuck in conflicting priorities and time pressures, and what do you get?  It’s the reason shows like The Apprentice are so compelling.  Collaboration is rarely about caring and sharing.  The fact is, proper collaboration – and leadership – is tough.

Politics is a brilliant case in point.  But let’s spare ourselves from partisan ranting and instead, focus on a perfect example of collaborative leadership gone wrong: the finale of Veep.  After seven seasons, former president Selina Meyer (played by Julia Louis-Dreyfus) has a shot at a second term in the Oval Office.  What stands between her and returning to the White House?  Her fellow party nominees.  The 2020 national convention is at a deadlock.  None of four candidates have the 2368 majority needed to get the party’s nomination.  The only way to get on the ticket is to cut a deal with another candidate.  They need to sort it out swiftly, or face another four years with President Montez at the helm, and their party pushed to the margins.  It’s a classic opportunity for collaborative leadership.  By working with the other three, Selina can minimise power struggles and increase the odds of a successful outcome for her party. 

Obviously, that’s not what happens.  Selina rejects the ‘simple solution’ of asking her opponent – and personal nemesis – Kemi Talbot (Toks Olagundoye), to be her running mate.  Instead, she makes a bunch of explosive choices which get progressively more divisive and dubious.  Tom James (Hugh Laurie) enters the race as a fifth candidate at the last minute, and Selina quickly rips him from the running by persuading his chief of staff to accuse him of sexual harassment in return for a top job in her White House administration.  She promises to ease fracking legislation in New York state to get the governor onside, and outlaw gay marriage to get Buddy Calhoun (one of the three remaining threats played by Matt Oberg) to back her and step aside.  She makes Jonah Ryan (Timothy Simons) – described as ‘an unstable piece of human scaffolding’ and a ‘sentient enema’ – her running-mate, to the complete disgust of her campaign strategist and Jonah’s own campaign manager Amy (Anna Chlumsky), who basically begs her not to put such a vindictive narcissist anywhere near power.  And to put some awful icing on this dicey political cake, Selina shops her personal aide Gary (Tony Hale) to the FBI, has him jailed for the misdeeds of her dodgy ex-husband to make allegations of financial impropriety go away, and has it happen WHILE SHE’S ONSTAGE ACCEPTING THE PARTY NOMINATION.


Collaboration in action: consultancy week in Vietnam

I’m not even going to try and pitch this as a morality tale where good triumphs over the most Machiavellian political operators, and bad behaviour gets punished in the end.  The fact is, Selina wins – though the top spot is pretty lonely as she’s kicked all the support from under her on the way up.  No, the point is  there’s never been more of case for collaborative leadership in 2019.  Partnerships and collaborations – especially between sectors – are vital for creating change, and creating social and economic value.  However, collaboration is HARD.  There’s no guarantee it’ll succeed, and no formula for doing it well. 

Jennie Albone (Modular Executive MBA, 2019)

Over the last two years, my Cass MBA colleagues and I have combined full-time work with intensive study.  Our achievements are a combo of results from individual assignments and group tasks.  When we graduate in July, we aren’t just celebrating our own successes; we’re recognising that we worked together to make this outcome possible.  From co-writing essays, to working with Vietnam’s first unicorn tech company on a consultancy project, group work and collaboration was a staple of the course.  You’ll be pleased to hear my experience in no way resembles the brutal hard knocks doled out by President Meyer.  Instead, I had the chance to work with a cohort who bought diverse talent, experience and views to everything we did.  Sure, there were times when it would’ve felt easier if we’d thought a bit less divergently and just got on with it.  But diversity is massively important.  Working with people who approach problems from a completely different place helps you to check your assumptions, reveal your blind spots, and reach a better result.  It’s taught me how to recognise and value the skills others bring even more, which is something I’ll take with me to the next stage of my career.  So, does that mean a Cass MBA the answer to all of our leadership challenges?  Well, no – nothing is that simple.  But opportunities to hone our personal collaboration skills matter.  And for many of us, the MBA’s been an intensive chance to reflect on our approach. 

For an interesting primer on the four areas that make for an effective collaborative leader, try this.  

Find out more about opportunities to study an MBA in London or Dubai and continue your leadership journey here.

Jennifer Albone
Modular Executive MBA (2019)

 

 

 

What makes my MBA

“I said maybe, you’re gonna be the one that saves me” is blasting from my radio as I’m driving and all I can think of is Vietnam. Why, you ask? Well… that is how we closed our trip to Vietnam, in the dodgiest karaoke parlour in a private room, somewhere in the middle of residential Hanoi.

We are not really sure whose idea it was, but nights in Beer Street and endless amounts of beer or other alcohol will do that to you. It was a long week for all of us; our exam results came in just before Vietnam and thankfully, the whole cohort has passed.

We also just finished our International Consulting Week with various Vietnamese companies and we were ready for celebration. Not that we needed an excuse for it.

When you start exploring an Executive MBA as an option for the first time, nobody prepares you for what it truly is. You hear that it is the hardest thing people have done in their life. You hear that a lot, as well as that you need a lot of family support, work support and plenty of hours of study a week.

If you are exploring Cass, you also hear that you will get a lot of international exposure through International Consulting Week and electives. That is all true. You need plenty of time to work with your groups on assignments and you definitely need a lot of support from your surroundings.

Then, 38 professional adults get to go on a consulting week to Vietnam, supported by their families. You are placed into a new working group from your cohort, new country and new company, all you have to do is figure it all out within a week and deliver amazing results. Really, not much of an ask (sarcasm intended).

Vietnam – a country that we learned is struggling through high level of instability, a country that is culturally hierarchical and extremely different to our normal environment. With such differences from our world, we were not sure what to expect in the business environment or how to navigate it, but most importantly when we had expectations, the reality turned out to be completely opposite.

Not only are you navigating thousands of motorbikes on the streets of Vietnam, but you are also navigating the unknown working environment and language barriers.  But don’t let that dishearten you! All the difficulties we faced, proved to be a challenge that we all wanted, and we came out on the other side with a very positive feeling.

Vietnam is a very fast developing country, and with that so are the companies that we have worked for. With growth come challenges, and many of the things could have been addressed within businesses. Scoping our work was probably the hardest thing we had to do, but once it was agreed between us and the hosts, we embraced it and we delivered. With the pace of change in Vietnam, the scopes can change daily too, yet that is all part of the fun that this week brings to you.

The day before our presentation to the business’s directors, we had a sudden lightbulb moment and decided on a scope change at 4pm. When you are a part of an MBA group, you most likely don’t like to make things easy on yourself and embrace any challenges thrown your way, so we buckled up and continued working as a group till’ after midnight.

In the end, we delivered an extremely successful presentation the next morning, and our company loved us, they want to adopt us, or perhaps just permanently employ us.

 

But let me focus on my cohort for a minute. My friends, rather. The most amazing, the most resourceful and fun group of people I have ever come across with. It comes by no surprise that most of us share ambition and drive, but all of us have different backgrounds, and yet again most of us are very alike. We work hard and we party even harder – the quiet ones will always surprise you.

We also argue and disagree more than you would think, at times we don’t like working with each other and we think that we would get things done much quicker and easier if we could just finish them on our own. But, the reality of things is that we can’t. So we learn to be patient, be there for each other and love each other regardless of what happened five minutes ago in that team meeting where we annoyed each other.

My MBA friends are there when I need them, they are there for the highs and the lows on this crazy journey and we sympathise with each other as we are going through this collectively. If I had to pick one thing that made my Vietnam week, or even my first year of MBA, then it would definitely be the people around me. I thank Cass for bringing us together and placing us in the most random of places where we could go to the dodgy karaoke bar for a song or ten.

After all, we are all each other’s wonderwall.

 

Nina Kerkez
Modular Executive MBA (2019)

 

 

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