Tag: transformation

Let the transformative Cass Executive MBA journey begin!

I am on my way to the first day of induction for the Cass Executive MBA (“EMBA”) in Dubai at the Dubai International Financial Centre (DIFC). A bit early, I feel – but it’s better than being one second late.

While driving to the DIFC where the classes for the Cass EMBA are delivered, I think of some of my teachers and professors at school and university in Latvia. I guess they would not believe that I am going back to school again.

Having considered an EMBA for the past two years, I felt that the right moment to get myself out of my comfort zone has finally come. After exploring different programmes at various business schools around the world, my choice unsurprisingly fell on Cass Business School: it’s one of the world’s leading business schools with the longstanding reputation of excellence built on its academic heritage and impressive success stories of alumni.

And – luckily for me – the School has a presence in Dubai! It’s hard to believe that six months after attending a Cass networking event, I am officially a Cass EMBA student, rushing to my first day of induction.

Feeling like a curious child and adult at the same time, I am entering the Cass floor at the Academy. The room fills up quickly.

Having never been forced to go to school or university, today feels special to me: I strongly believe that one can close gaps in skills and professional experience efficiently with academic knowledge, especially if it’s gained through the programme like the world’s class EMBA. After the first personal interactions with other students, I conclude that I am not the only one in the room who thinks this way.

Diverse student cohort

The four days of induction passed in the blink of an eye, so will the following two years, we have been told.

Witnessing the remarkable spirit of enthusiasm among my cohort has been really heart-warming. I wonder again about the incredible times I live in: my cohort consists of 39 ambitious professionals from 16 different nationalities who all share a common goal, which is to achieve success. I really enjoyed getting to know each and every one of my classmates and finding out about their careers and what led them to Cass.

At induction, the Cass faculty went above and beyond to make us feel welcome. Each lecture felt like a magnet of an incredible strength that won our attention and drew great interest in no time.

Journey of self-discovery

Together with my peers, we spent a lot of time discussing the importance of teamwork and collaboration. While these are not foreign concepts to any of us in the cohort, we tend to underestimate and forget about them under the growing pressure of daily routine.

Knowing my strengths is great, but admitting my limitations takes me one step closer to the desired success. I believe that the EMBA at Cass will help me understand the correlation of complex business processes and develop strategic and analytical skills.

I am looking forward to the next visit of the Cass Careers and Professional Development team. Their professional advice will help me shape my long-term career goals, steering me towards the right path of my professional life.

After spending four incredible days at the induction, I now know exactly what I want to achieve at Cass! I want to be “a better version of myself”.

Let the transformative journey begin!

Executive MBA in Dubai (2020)

The road to Toronto

I was recently asked whether six months down the line, the Cass MBA was what I had expected it to be. My answer was ‘No, not at all.’

Well for one reason, I wasn’t quite expecting to be heading to Toronto with my MBA classmate Varun Venkatraman next week. We will be representing Cass as one of only three teams to make it to the Ben Graham Centre’s 2018 International Stock Picking Competition Finals, hosted by Ivey Business School. Better yet, we will be the first European business school to do so!

Having just visited Dublin for International Consultancy Week and Israel/Palestine on the agenda for my international elective in early May, I definitely hadn’t planned to add any further trips during this hectic period; juggling MBA studies, job applications and working on my Business Mastery Project.

Yet here I am, squeezing in another trip to Canada.

When I told my mum, she marvelled, ‘Stocks? That’s so not your thing. That Varun guy must be very special if he can get you to do something like that.’ That surprised me in two ways: despite her general pretence of not really understanding what I do in my job in financial markets, my mum actually knew I don’t care much for microeconomics and stocks.

And secondly, she was absolutely right about Varun, he was the only person who could have made me sign up for this. So how did we end up here then?

Rewind to October 24th when the Stock Picking Competition was first announced via email, barely two months into our MBA. I remember reading about it, taking note of yet another interesting challenging experience to gain during the MBA and quickly hitting the delete button. Stock picking wasn’t in my sphere of interest at all. But I undoubtedly knew who’d be all over it: Varun.

In life we develop many types of friends and I dare say the older we get, the less likely we have people we call friends just out of circumstance. We know the difference between work colleagues, acquaintances and friends, and even though we might publicly use those terms more loosely, most of us reserve the title of real friends for the special people in our lives.

Unlike in kindergarten, the mere fact that you ended up sitting in the same row is reason enough to become friends. Very rarely we find that one person who we can bestow the title of ‘best friend’ we so innocently gave to people when we were little.

Funnily enough, Varun was the equivalent of that kindergarten kid sitting in the same row; alphabetically next me so that I sit right in front of him during all exams, he was also in the same group as me through induction to Block 2. The Cass MBA Gods (most likely our Course Officer Tony Whiteman) made it easy for us to find each other. And we’ve been pretty much inseparable since.

So when this competition came around, I was quick to dismiss my own participation but also to encourage his, telling him to apply alone because I knew he’d be more than capable of handling this challenge independently.

However, as the deadline grew closer, he grew more encouraging for my participation. He wanted someone to bounce ideas off but also to critically check his logic, someone with a different way of thinking and unafraid to express it but whose opinion he equally valued enough to listen to.

We both come from the financial industry but at opposing ends of the spectrum, Varun from private equity, myself from foreign exchange in financial markets, and born in the same year just 10 days apart but on the other side of the world; our friendship is defined by having enough common ground that connects us but so much that sets us apart that we approach problems in very different ways.

Another month into our MBA and we saw more and more examples of how our collaboration brought the best out of both of us, I increasingly understood why he wanted to have me on his team. I also recognised that this was a unique experience I was never going to have again; one I could never do outside of the MBA and never without Varun.

Reminding myself that that was what the MBA was all about, I jumped at the offer the next time he asked me and was signed up for the competition with him.

For the first round in mid-January, a couple of weeks after our exams, we were given a list of stocks to pick one from that we would analyse over two weeks and recommend as a buy, submitting a report to a panel of industry professionals and academics.

Never having done anything like it, I couldn’t imagine how I could possibly contribute to this. I must confess I rather resented doing something that would make me potentially feel helpless and highly dependent on someone else’s experience. After a decade of work experience, it can be hard to accept doing something that pushes you completely out of your comfort zone. But Varun had it all covered. He knew what he had to get done and also knew where I would be of help.

Picking a company based in Germany meant that my German background became useful, sifting through company history and industry material in German. Understanding the very unique German legal structure and its implications made us recognise specific challenges of our company and how this would affect its value and potential for an outside investor. Using Bloomberg to extract the relevant data was another way I could help and I gradually saw my efforts contribute to the bigger picture.

When we submitted our report, I knew I didn’t want it to end here. Although I had gotten so much out of it I knew how much this meant for Varun. Seeing him rise to the occasion, I wanted him to get the recognition I believed he deserved. And long before the results were revealed, the dates were set in my calendar and I waited hopefully. When the confirmation email came on 21st February informing us as one of the top three finalists to present to a panel in Toronto, we took half a day to celebrate our achievement and then were ready to crack on.

When I signed up for my MBA, I went in with an open mind, ready for every new experience, expecting or even demanding the unexpected. In spite of this, I couldn’t have foreseen finding that invaluable friend who would challenge me and help me grow, taking me all the way to Toronto.

 

Full-time MBA (2018)

The only way to do it, is to do it

“Which problem do you solve?”

This was the first question posed to the Cass MBA group on the Leading Digital Transformations elective as we began a week in San Francisco and Paolo Alto at the Stanford Design School. Problem-solving was a recurring theme as we met tech giants, entrepreneurs, venture capitalists and Cass alumni from the San Francisco area. If you could find a need, and were passionate about finding a solution, the ‘design thinking’ approach taught at Stanford was a fantastic way of achieving your goal. For someone with a pure business background, the most counter-intuitive part of this approach was that even in Silicon Valley, you didn’t need to be a software engineer to succeed – design thinking is a state of mind.

This realisation of being able to make a difference no matter where you came from was greatly helped by the flow of this elective, which allowed us to get under the skin of what innovation in Silicon Valley and San Francisco is all about. My classmates and I attended a pre-travel class in London, Leading Digital Transformation which covered the ‘what’ and the ‘why’ of digital transformations. This gave us the foundations for what we were to see in California, where the all important ‘how’ was revealed through company visits and panel discussions.

We were extremely privileged to get access to such prestigious companies and to people who are leading digital transformations from the top of their fields. The business environment in Palo Alto and San Francisco was unlike anything I’ve ever experienced, with people being extremely open, honest and direct about their projects and experiences, which maximised the learning experience.

As the week progressed we met with exceptionally successful companies that are leading digital transformations both within themselves and for their clients. The problems they’re solving range from doing a single thing well – such as Intel with microprocessors – to developing a platform and ecosystem of partners to address a problem more holistically – like SAP and its connected car programme – and offering the entire end-to-end value chain both for internal business units and clients, such as at GE Digital. It’s clear this latest digital revolution isn’t about a single technology but an infinite combination of technologies, and is the reason why the business knowledge you gain from the Cass MBA programme allows you understand how these component parts can be combined to innovate.

Cloud computing, telecommunications and the Internet of Things are the core enabling technologies, and they’re being combined with artificial intelligence, virtual reality, augmented reality, 3D printing and others to solve business problems. The ‘old’ way of doing things, by making something incrementally better, need not now apply as these technologies let business people rapidly experiment with new ways of improving products, processes and services by orders of magnitude.

We saw this in action with Autodesk’s design software and 3D printing and Quid’s neural network search engine – you no longer need a PhD or computer sciences degree to digitally create or run complex analytics, the technologies to innovate and experiment are available to all.

The Silicon Valley Way is About Much More Than Just Technology

Having personally chosen this elective to learn more about how digital technologies are changing the face of business transformation programmes, I feel that I got considerably more out of the experience than just learning about the latest technologies. Starting with the design thinking workshop at Stanford, it set the tone for the whole week. Having panel sessions with venture capitalists and entrepreneurs interspersed with the company visits also gave us the opportunity to really probe and better understand the stories behind the successes. The takeaway for me – and many of my peers – was that if you’re passionate about solving a problem, are willing to openly share your ideas, and be doggedly persistent in your pursuit of success, you will succeed. Which, as Founder and CEO of BootUP Ventures Mukul Agarwal very eloquently said, is a wonderful lesson for life, not just business.

There is no failure… unless you stop

Reflecting on our week in California, it was inspiring to see how people from many different backgrounds and walks of life are succeeding in this latest digital revolution, and that they all share one common trait: they never stopped. By using technology to address problems, quickly prototyping, testing, failing, learning and trying again, it personified the explorer ethos of the Cass MBA programme. When you have an end goal in sight, explore your ecosystem, recombine technologies and test a solution quickly. When you treat problems as learning experiences, you can never fail.

© 2019 The Cass MBA Blog

Theme by Anders NorenUp ↑

Skip to toolbar