It is currently 19 Apr 2024, 06:45 |
Customized
for You
Track
Your Progress
Practice
Pays
FROM Haas Admissions Blog: No Bull: MBA Students Get Leadership Lessons from Former NYSE Chief |
What could you learn in an hour spent with an NYSE chief? A packed room full of Berkeley MBA students found out when Duncan Niederauer, former CEO of the New York Stock Exchange came to campus for our Dean's Speaker Series. Niederauer drew on a career that has included 22 years with Goldman Sachs and 7 years at the helm of the NYSE to share lessons on business and leadership success, including these: 1. Have a personal board of directors, comprised of close family and friends (rather than co-workers). These people must care about you and be truth-tellers. 2. Know your weaknesses as well as you know your strengths. People choose paths to the top that fail because they take positions that are not in line with their strengths. 3. Every boss is a role model. That doesn't necessarily mean they are a good one, but you will always learn. Even specific ideas of what not to do are valuable. 4. Have a plan, but don't over-engineer. If you are too rigid, you won't be open to opportunities that might come your way. 5. Encourage debate. The more senior you get, the more you need to let people know that they can say whatever they want to you. 6. Manage down. The generals can take care of themselves. Take care of the soldiers first, and they will work hard for you. 7. Be respected first. If you're liked, that's a bonus. 8. Hire correctly, and give people more rope and responsibility than even they think they can handle. If they come up short, part of the responsibility lies on your shoulders. Want more wisdom and life lessons from top leaders? Check out previous talks by such speakers as Novartis CEO Joe Jimenez, Khan Academy Founder Salman Khan, and Haas Professor emeritus and then-Fed Vice Chair Janet Yellen. |
FROM Haas Admissions Blog: Get Your Hands Dirty: Applied Innovation in the Full-time Berkeley MBA Program |
In the Berkeley MBA Program, we shape innovative leaders, who question the status quo. It starts with a core curriculum that requires a course in Problem Finding, Problem Solving (PFPS) that teaches you several modes of thinking, such as design and systems thinking, and gives you new ways of taking on complex challenges. This proves invaluable when you roll up your sleeves for the Applied Innovation requirement, choosing from 13 hands-on courses, offering everything from international consulting opportunities to partnerships with scientists to bring new clean tech to market. We knew we were on to something with PFPS when a team of first-year students were named "America's Most Innovative MBA Team" during the first-ever semester of the course in Fall 2010: Haastile Takeover won the world's largest innovation competition in Fall 2010, right after the launch of PFPS. Then, more Berkeley MBA students went on to win competitions—and credit PFPS with their success, like this team, and this one, and this one, which didn't win, but came to appreciate the iterative process: Another team of Problem Findershttps://haasachieves.wordpress.com/2013/12/26/making-extreme-mainstream-and-the-problem-finding-problem-solving-experience/ Students also used PFPS in internships and new careers: Eamonn Courtney, MBA 12, Business Analyst to Gucci President & CEO, Patrizio di Marco in Milan But first, they use their growing skills in applied innovation courses. They consult globally through International Business Development (known as IBD around here), this past summer partnering with Population Services International in Tanzaniato improve the health of vulnerable people, identifying growth opportunities for a social media company YY in China, and helping SAP Labs in India bring technology to the country's huge system of small retail stores: Team SAP Ganges in Bangalore In Cleantech to Market (C2M), students are part of interdisciplinary teams that help bring to market everything from tobacco as a biofuel to a "smart" window that adjusts itself depending upon the weather and ways to reduce the environmental impact of fracking: A heat-powered fuel cell that could help reduce the environmental impact of fracking Students in Social Sector Solutions work with nonprofit clients on projects such as developing a strategy for a new Acumen Fund program in the U.S. and training San Quentin inmates in the entrepreneurial skills needed to take a prison newspaper statewide: https://impactmba.wordpress.com/2013/12/03/s3-social-enterprise-team-works-with-san-quentin-inmates/ From The Daily Cal: Arnulfo Garcia, center, editor in chief of the San Quentin News, works in the newsroom at Marin County’s San Quentin State Prison. Students interested learning more about new ventures can take courses such as The Startup Lab and Steve Blank's Lean Launchpad course: Steve Blank launches lean. And they hone their skills by running and entering startup competitions, such as LAUNCHthe UC Berkeley Startup Competition and the Global Social Venture Competition. 2013 Startup Competition winners Resido Medical How might you roll up your sleeves with applied innovation opportunities in the Berkeley MBA Program? |
FROM Haas Admissions Blog: Work-Life Balance is a Myth. But... |
Despite what people tell you, there’s no such thing as a good work-life balance. And, since you’re considering applying to the Evening & Weekend Berkeley MBA program (EWMBA), I should warn you that when you throw school into that, the difficulty of “balancing” goes even further out the window. But what you can do – what I did – is figure out work-school-life integration. That’s what made my first year in the EWMBA program fun and successful. On paper, it probably looked like I’d never have figured this out. For starters, I'm a “non-traditional student.” You might wonder what it takes to call yourself "non-traditional" in a group as diverse as Haas. That's easy: At 44, I'm a solid 12 years older than the average of the rest of my second-year class. Also, I was in the minority – 20% if memory serves – of my classmates that entered the program already having children. I had (and, for the record, still have) two. Here they are below: I did not know how I could continue performing at work, attend to our growing array of family obligations and kid activities, and perform as well as I wanted during the first year of the program. I went into it assuming that something would have to fall off. But, as classes started, something surprising happened. I didn’t have to manage three separate buckets of responsibilities. Instead, I realized I was confronting a Venn diagram with three circles. And as soon as I started treating work, school, and the rest of my life as such, I realized that I didn’t have to balance them in order to manage them. The first surprise was how easy it was to integrate school into family life. My wife went to Cal for undergrad, and earned an MBA in a full-time program many years ago. So she was both understanding and supportive. Understanding, because she’d been through the coursework of a top-tier program and understood the time commitment. Supportive, because she knew that the long-term benefits far outweighed the costs. Julie was doubly supportive, too, because she knew that my affiliation with Cal would guarantee that I’d root for the Golden Bears, rather than for the other PAC-12 teams with which I had earlier academic affiliations. She insists that I signed something to that effect during the application process, even. (I can’t find a copy of that document, but I’ve become a Cal fan nonetheless.) It wasn’t just my wife that became part of the school experience. Thanks to some fortunate geography, I hosted a lot of study groups at my house. As soon as my kids, ages six and four at the time, met a few of my classmates while we were working on Microecon problem sets around my kitchen table, they started asking about my “math friends” all the time. When I’d head off to school on Saturday mornings, they understood what I was doing – or at least who I was doing it with. That made the occasional missed t-ball game a little bit easier for all of us. In fact, the harder I worked and the more haggard I felt around each set of finals, the more the kids wanted to help. They asked me what I was doing each week, and I loved sharing it with them. They made new blue and gold Rainbow Loom bracelets for me to wear during. Benjamin and Rebekah were as much a part of my first-year experience as any classmate was. Speaking of classmates, they too were more understanding than I’d expected. We all worked hard, but they also accommodated my schedule, starting many of our study groups after my kids’ 8 pm bedtime. When the kids occasionally popped up to say hi, it was a welcome interruption -- and it reminded me why I'm working so hard in the program. Just as the line between school and family blurred, so too did the work-school separation begin to dissipate. Classroom discussions often became ideas to bring into the office. Having “Leading People” (called "Organizational Behavior" in other programs) at the front end of the program, for instance, allowed many of us to see our companies from different perspectives. We started doing things differently to show the value of the program to our work teams. Many companies help Evening & Weekend MBA students pay for their program. Many of my classmates started paying that back, in-kind, before the first tuition check cleared. That made it easier for us to sell our managers on needing to leave a little early some days, or to take short-notice time off to finish a group project. Managers saw benefits right away. So, as you’re contemplating the challenges you’ll face in the program, don’t overlook those benefits. Expect to be busier than you’ve ever been, and accomplish more and have more fun in the process. Get ready to forge close friendships that, rather than taking away from your bonds with you family and friends, enhance them. Embrace the program for what it will bring into your (admittedly, already quite full) life for the next three years, as well as for its long-term benefits. |
|
||
Hi Guest,
Here are updates for you:
ANNOUNCEMENTS
Tuck at Dartmouth
GMAT Club REWARDS
|