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04 Dec 2013, 11:00
| FROM Kenan- Flagler Admissions Blog: Leadership Simulation Puts Principles Into Practice |
 As soon as the bright red digital clock in front of the room began ticking away the seconds, student teams in the Leadership Immersion sprang into action. They dove into the Magnetic Leadership Simulation, a day-long exercise that creates the pressures of a real-world management setting in the safety of a classroom. They took on the roles of managers brainstorming new business strategies, employees scrambling to meet deadlines, and customers demanding updates. The Kenan Center was transformed into a bustling corporate headquarters. The Leadership Immersion is truly a one-of-kind MBA course: UNC Kenan-Flagler is the only school to offer an entire module (mini-semester) for students to focus solely on developing as leaders. Most students don’t take other classes while in the Leadership Immersion, which provides apprentice-like competitions, business simulations, outdoor challenges, along with individual coaching and feedback from executive coaches. “One of the things we try to do is give everyone the opportunity to try on a leadership role,” said executive leadership coach Randy Marcuson, who led Embrex as president, CEO and board member for 17 years. “This simulation gives students a chance to exercise new skills and experience new situations that they’re maybe not as comfortable with. It’s a safe place to experiment, fail, receive feedback and recover.” The simulation turned student teams into divisions of a company that manufactures and repairs magnetic equipment. Magnetic Leadership challenged student teams to design and execute business plans, manage resources and satisfy customers for three “years” or rounds of the simulation. While three students took charge of strategy as the management team, others served in a variety of operations and support roles, ranging from production to marketing. In addition to navigating the standard challenges of daily business operations, teams adapted to curveballs built into the simulation, such as finding a way to satisfy sudden customer demand for products “Made in the USA.” They also competed against each other to achieve the highest net profit, customer satisfaction and employee engagement. “We were put in a high-pressure situation where we had to deliver results, but the clock was always ticking,” said Anand Murali (MBA ’13). “There are so many things happening simultaneously – you have to know how to organize, how to prioritize and delegate tasks, and how to keep the team motivated. “Basically you have to put all the theories you’ve learned so far into practice,” said Murali, who is preparing for a position in Eastman Chemical’s commercial leadership development program after graduation. After the simulation ended, students received specific evaluations and suggestions from their teammates and their executive coaches. Magnetic Leadership incorporates the concept of “feed forward” into the reflection portion of the exercise to encourage participants to focus on how they can improve in the future, rather than simply analyzing their past performance. “One of the great things about this program is that you get so much feedback, and that helps you become much more self-aware than you were going in,” said Hampton Barclay (MBA ’13), who will join Bank of America’s corporate workplace group after graduation. “This simulation in particular showed me a lot about where I need to improve.” Students apply what they learned about their individual leadership styles and general best management practices to several other active learning challenges throughout the Leadership Immersion. The Magnetic Leadership Simulation is just one part of a complete process designed to provide students with the maximum amount of hands-on experience, helping ensure that they will feel comfortable and confident in their future management roles. “I think the biggest takeaway for students is that leadership takes practice – sustained, lifelong practice,” said Lorena Clark, an executive coach with more than 30 years of leadership experience in major multinational corporations. “But first you have to understand the skills you need to practice and learn the methods or approaches to best implement them.” |
04 Dec 2013, 11:00
| FROM Kenan- Flagler Admissions Blog: UNC Kenan-Flagler MBAs Give Back With Local Nonprofit Boards |
 Written by Ellie Nave, MBA 2015 Mahatma Gandhi once said, “The greatness of a nation and its moral progress can be judged by the way its animals are treated.” This sentiment resonates at the core of Orange County Animal Services’ mission. As the premiere open-door animal intake and shelter facility in the area, OCAS provides a multitude of Animal Control services to Orange County, including State and County law enforcement for animal-related issues, low-cost rabies clinics and spay/neuter programs, and animal adoptions. OCAS also partners with other rescue organizations in the area to place as many animals as possible into loving, safe homes. Despite their wide breadth of services, OCAS maintains an efficient and effective organizational structure. I am currently serving OCAS as a Nonprofit Board Fellow with Steven Pray and Maria Grimshaw. The Nonprofit Board Fellows Program at UNC Kenan-Flagler provides an opportunity for MBAs to sit on the Board of Directors for a local nonprofit organization during their first year as active board members, while also working on specific projects for the organization. This is the first time OCAS has partnered with Kenan-Flagler Business School. So far we are off to a great start and have begun work on a project related to the overpopulation of free roaming cats in the community. Currently, OCAS does not have a Trap Neuter Release (TNR) permit, which would allow animal medical technicians to sterilize feral cats that have been brought to the shelter and release them back into the wild. OCAS would like to understand the impact free roaming cats have on the community and environment in order to properly address the issue and related policies. This is a very sensitive issue in the area, with passionate citizens on both sides of the fence. We look forward to gathering and analyzing data that will help shed light on the best next steps for both the animals and the community. Bob Marotto, Director of OCAS, and his team have done an excellent job educating us on OCAS’s capabilities and needs, including us in board meeting discussions and providing us with tangible opportunities to make an impact on the organization. I look forward to working together to help this great organization achieve future success. For more information about UNC Kenan-Flagler’s Nonprofit Board Fellows Program, click here. For more information about Orange County Animal Services, click here. |
04 Dec 2013, 11:00
| FROM Kenan- Flagler Admissions Blog: Conquering the MBA admissions essay |
 The Round 2 deadline to apply for UNC Kenan-Flagler’s full-time MBA Program is approaching quickly, but there’s still time to apply! Applications for Round 2 must be received by Dec. 9, 2013. We asked our MBA admissions team to share their tips and advice on navigating the admissions process – starting with the essay. Here’s their advice: DO:
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Hi Generic [Bot],
Here are updates for you:
ANNOUNCEMENTS
 Wednesday, Apr 24, 2024 11:30am NY / 3:30pm London / 9pm Mumbai Watch earlier episodes of DI series below EP1: 6 Hardest Two-Part Analysis Questions EP2: 5 Hardest Graphical Interpretation Questions
Tuck at Dartmouth
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