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FROM IE Business School - International MBA Blog: El IMBA como herramienta de autodescubrimiento |
Repost del blog IE América Latina https://latam.blogs.ie.edu/ Post escrito por Ignacio Baquero, alumno actual del International MBA En mi caso particular, tomé la decisión de venirme a realizar el MBA al IE como una manera de encontrar cual era mi vocación profesional y lograr entender que me apasiona. En fin, lograr encarrillar mi futuro y sabe que me gustaría hacer ya que después de 5 años de experiencia en consultoría y logística no lograba dar en el clavo. El IMBA no solo te abre las puertas en lo profesional y académico, sino también en lo personal. La continua exposición a personas de 93 distintas nacionalidades, de un gran rango de edades y con una trayectoria profesional de carreras que nunca había ni escuchado, te hace reflexionar en todo momento y te hace cuestionar muchos paradigmas. Simplemente te abre los ojos y te pone al mundo en tus manos. Ya con un 60% del programa finalizado, he logrado entender cuál es mi real motivación en lo profesional y he logrado forjar una filosofía de vida, la cual quiero seguir y transmitir a mi futura familia. Como consecuencia de todas estas experiencias y por casualidades de la vida, me he dado cuenta de que tengo la capacidad de pintar cosas que me gustan, por ejemplo todo lo relacionado con el surf y el mar. Me apasiona mucho el mar y como ahora vivo lejos de él, me puse a pintarlo. Con unas pocas horas viendo youtube, he logrado recrear mis lugares favoritos y expresar mediante el arte lo que me gusta. Nunca en mi vida hubiese pensado que podía ser pintor, y aunque suene un poco extraño, ha sido el MBA el responsable de esta faceta. Los cuadros que he realizado han sido un éxito entre mis compañeros, y con solo 1 mes de empezar, ya tengo una lista de espera de 10 personas que me han pedido uno y ya otros 4 tienen uno, que se van a llevar luego a sus hogares en 4 distintos continentes. Esto es el verdadero poder del IE. Pueden visitar y seguir mi blog de pintura en www.surfpainter.wordpress.com Ignacio Baquero Méndez ignacio.baquero@student.ie.edu |
FROM IE Business School - International MBA Blog: Play it Green. It makes Business sense!!! |
Should you bet on Sustainability? Does it make business and financial sense to go for a green positioning? What can companies and brand expect for these sort of approaches? I could actually write a book about these questions, but would rather keep it simple today. According to a research from Havas Media Group, Brands must be meaningful. In the sense that they need to embrace values that resonate with customers. If not, you risk becoming part of the mainstream (7 out of 10 brands according to this research) and become irrelevant to your target group… I.e. your customer would not care at all if your brand disappeared… Bearing this is in mind, there are quite a few possible approaches here. You can create a Corporate Brand Identity around sustainability like the one of Unilever, or you could keep it simple and go step by step. And, if you opt for the latter, then the approach would be simple: Take one value that resonates with your customers and build upon it. One of the possible values is everything related to playing it Green, to positioning yourself as an Environmentally Friendly Company, who cares about Nature and the Ecosystem. And one example of this would be what not a company but an Industry has actually done: The Green approach of the Hotel Chains. You know what I am speaking about, but let me share one recent example I got so that we are all in the same page. I just went to Penn State University for a Symposium on Digital Learning. The event took place in an Event Centre where everybody was hosted. And of course, when in the room, you could find it with signs that were basically telling something like this:
The result? Firstly, most customers decide to play it green. Secondly, the Hotel Chain makes a good impact on the brand positioning, as long as customers end up perceiving the brand as committed with sustainability. And lastly, the Hotel Chain actually saves a lot of money for not having to wash and replace thousands of towels and bed sheets… Food for thought Quite simple, isn´t it? But it works and delivers quite good results. So bear in mind two things from here:
Reset!!! Ignacio Gafo |
FROM IE Business School - International MBA Blog: IE Business School Career Management Center at the Forté Forum in Boston |
Amber Wigmore Álvarez, Executive Director of Career Services for IE, presented to an audience of more than 200 pre-MBA women at the Forté Forum in Boston on August 18th. The panel on which Amber presented was moderated by Liberty Mutual, a recruiter at IE, and Amber shared her views on how an MBA will help prospective students who are not interested in careers in investment banking or consulting, career transition and progression with an MBA and flexibility of the degree and the importance of the MBA network. Kimberly Janulewicz, Director of Business Development for the Northeastern Region, North America, also participated in the event. Be sure to take a look at the agenda for upcoming events hosted by Forté. We hope you’ll take advantage of these special events featuring leading experts and senior executives from top companies. Remember students and alumni have access to Forté Foundation‘s career and networking resources. Please find more information on the Resources section at the Career Portal. |
FROM IE Business School - International MBA Blog: From Daimler AG to McKinsey & Company – The Story of Johannes Hinsch |
IE IMBA Alumnus Johannes Hinsch from Germany Johannes, what were you doing before the IMBA and what were your main reasons for pursuing it? I had worked three years at Mercedes-Benz when I felt the urge to change something. I had actually spent 6 years in total at Mercedes-Benz (three as a student of dual education and three as an employee). Even though I am sure I came up with good reasons why I wanted the MBA in my interview, in hindsight it just kind of felt right to do it. I was 26 then and just could not imagine to continue working 40 more years until retirement. I needed a new perspective. What did you do during the IMBA? The first half of the IMBA program was really intense – in every sense of the word. I signed up for the long exchange to Chicago Booth after the first term. Since the term at Booth started very late in September I was able to also do an internship in the summer for 7 weeks. It was just pure (and dumb) luck that I was able to do both – long exchange and internship. Chicago was awesome, if you have the chance, go! But do not expect the same open, international atmosphere there as you will feel it in Madrid. IE is unique in its spirit, I had to go to Chicago to understand that. Define the IMBA program and experience briefly! It is intense. That just is the right for it. But it is not only work, far from it. It is also intense for you as a person. There is no way to replicate the experience that the IMBA is. I am a little afraid that a lot of work will be so much fun again – ever. Johannes, what are you doing at the momento and how did the IMBA contribute in your career development? I am currently working at McKinsey as a consultant in Stuttgart, Germany. The IMBA contribution is pretty straight forward: No IMBA, no internship. No internship, no job at McKinsey. The IMBA gave me choices that I would not have had if I had attempted a career change without the MBA. The year was also the time I needed to reflect and form an opinion on what I wanted to do. |
FROM IE Business School - International MBA Blog: The IMBA Dragon Boat Race for November and April intakes! |
Post by current student Mitchell Maddox Romans, Greeks, Cherokees, Barbarians… Just before the August break, the November and April IMBA classes met in Aranjuez for an epic “Dragon Boat” race on the Tajo River. Each section chose a “civilization” to represent, so of course the day was full of festive costumes–some civilized, some not so civilized… It was a perfect day to be on the water and a great way to usher in summer. In the end The Apaches (N8) came out on top to take home the grand prize: the Torch of Civilization. We hope they’ll carry it forward and pass it along to next year’s victorious civilization. VIDEO OF THE IMBA DRAGON BOAT RACE 2014 |
FROM IE Business School - International MBA Blog: Career Energizer and Networking at the Alumni Weekend Miami |
We wanted to give you a sneak peak of the topics we will discuss during the First Alumni Weekend to be held in Miami on November 7 & 8. Career- related conferences will verse over three different but complementary topics:
For 25 years, Joe Navarro worked as an FBI special agent in the area of counterintelligence and behavioral assessment. Today he is one of the world’s leading experts on nonverbal communications. Joe has appeared on all major U.S. and International media outlets and is the author of eleven books, including the international bestsellers: Louder Than Words, which The Wall Street Journal acclaimed as “One of the six best business books to read for your career” and the #1 selling body-language book in the world, What Every Body is Saying.
Leadership consultant and author Julia Tang Peters works with leaders at a pivot point in their business and/or in their career. Her work has been recognized in Forbes, Fast Company, Inc., Huffington Post, Government Executive, and other business publications. Senior executives in Fortune 100 global corporations as well as entrepreneurial companies engage Julia to challenge them and their leadership teams to break through insular thinking and make decisions that are pivotal to growth and success. With a career spanning business, academia and clinical psychology, Julia has held leadership roles at Leo Burnett Company, Aon Hewitt, Northwestern University, and The Family Institute. As Chief Marketing Officer of tech start-up, divine InterVentures, Julia helped take it to an IPO. Extensive global travel also informs her business perspective. Julia earned a Masters of Management degree from Northwestern University’s Kellogg School of Management, a Master of Science degree from Northwestern University’s School of Education and Social Policy, and a Bachelor of Arts in history, Phi Beta Kappa, from Lake Forest College. Also a Licensed Family Therapist, she has a Certificate in Family Therapy from The Family Institute.
We are looking forward to meet your expectations. Register now to attend the event that will also include the IE Alumni Conference with academic, networking and social activities in the beautiful city of Miami. |
FROM IE Business School - International MBA Blog: Life Beyond the Classroom |
The IE Experience is way more than what goes on in the classrooms! Check out the video below to get an idea of the latitude of things that our students get involved in that complement their academic and profesional experiences on campus to create memories that will turn their IE Experience into a truly unique one. Click here to view the embedded video. Check out more information on what is currently happening on the IE campus, here! |
FROM IE Business School - International MBA Blog: Thinking about doing an internship?… |
Current IMBA student Celine Salman from the USA …Here are the top three reasons why I’m happy I did:
I spent my three months interning at Paramount Picture’s start-up hotel operating brand, Paramount Hotels & Resorts, in Dubai and I could not have been happier with the experience. I had the opportunity to re-focus my MBA goals, re-asses my career track, live and work in the city I want to be in post-graduation, create a strong relationship with my employer as well as meet other local prospective firms. However, choosing to do an internship may not be the optimal track for all MBA students. Some may feel that they are too far along in their career to go back to being an intern, others want to absorb and immerse themselves as much as they can in the MBA experience and some may already have a strong idea of what their plans are post-graduation. In my opinion, pursuing an internship is beneficial to those interested in a career change, to those that are considering relocating or to those that may not have any idea yet of what they want post-graduation. IE offers many ways to customize your MBA journey and the IMBA in Practice is only one of the many options available to you. Best of luck with your decision and feel free to contact me with any questions! – Celine |
FROM IE Business School - International MBA Blog: An unforgettable Journey to Ethiopia |
In August, IE Professor Gayle Allard and IMBA Benedict Faber led a group of IMBA students to Ethiopia for the second year, to do volunteer work and research about doing business at the bottom of the pyramid. During their two weeks in the town of Zway, the students volunteered in a summer English program run by Salesian nuns, while visiting businesses to learn about the local environment and draft a business proposal for the region. Among the many surprises awaiting them was how many business opportunities they detected in a region where the average income is $1 a day and much basic infrastructure is nonexistent; and how rewarding it can be to engage with the warm, irrepressible Ethiopian children. A gift to the Salesian mission from the students and professors will help equip the school’s computer lab. Click here to view the embedded video. To read about last year´s expedition click here. |
FROM IE Business School - International MBA Blog: COLOMBIA STARTUP & INVESTOR SUMMIT |
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FROM IE Business School - International MBA Blog: Interview to Varun Tyagi: finalist for AMBA’s MBA Student of the Year Award |
Q1. What did you do before IE IMBA program? I have varied experiences in different domains such as Production & Industrial, IT, Telecom research, Analysis, trading and Entrepreneurship (Construction). During my Engineering course, I designed and fabricated a Super-Mileage vehicle for a competition held in USA, and garnered finance for the project. My team won two awards for our country. In appreciation for my good performance in the project, I was selected to undergo training in Rolls Royce for the Six Sigma program. Despite having no knowledge of Information Technology, I joined Infosys and got a CGPA of 4.5 on the scale of 5. I joined Evalueserve.com as an Analyst and was staffed into an analysis project right away. I performed exceptionally well in the project. The project won the “The best Analysis Award”. In order to gain hands on entrepreneurship experience I joined my uncle’s plastic raw material trading business, which my uncle was trying to establish in Ghaziabad. Due to my experience in analysis, I was able to correctly gauge the possible reasons of his firm’s non-performance in the area. In addition to working in the capacity of Marketing Head (Ghaziabad), I devised an account maintenance system and took care of all the accounts myself. The revenue was shot up from nearly 0 to USD 1.5 million in 15 months. Encouraged by this experience, I formed my own real estate firm and within two years my company completed two projects in two different states with an annual sales turnover of USD 1.8 million. Dorothy Height once said, “Without community service, we would not have a strong quality of life. It’s important to the person who serves as well as the recipient. It’s the way in which we ourselves grow and develop.” Engaging in socially responsible activities has added greater relevance to my existence. Having learned about the dire need to save water from my father who works for Delhi Jal Board (Water Board), I have made concerted effort to do so at the personal level. Moreover, I joined the India Water Foundation and Pratham Memorial Trust and participated in various projects run by these privately run agencies to educate people about saving water. In a bid to save the environment from further degradation, I carried out a project as a Consultant in DHI Group. The project entailed building a green and smart city in Delhi/NCR region. To educate people in rural areas, I associated myself with an Engineering College in Gajrola, U.P. I thoroughly enjoy my post of Executive member as it provides me a chance to interact with the college students. I share their experiences, queries, problems, and goals and try to help them in whichever way I can. I am also planning to introduce scholarship programs for financially poor students. I welcomed the opportunity to teach Math at an institute where I spent two fulfilling years teaching my favorite subject and in turn assimilating the fresh ideas of my students. I did all this while without neglecting my study, work or family; my mental strength made it all possible. By doing my bit, I have developed strength of character. I never lose faith in myself because I feel that only if you have faith in yourself, can others have faith in you. The learning curve developed through this exposure has invested me with the ability to distinguish myself in the experiential rigor of a world-class business school such as IE. Q2. What made you decide to choose IE IMBA program? In order for me to look for greener pastures and enhance my knowledge base I decided to scour for world-class MBA programs. Initially I short-listed five B-schools but in the end chose IE’s IMBA program since it was a perfect fit between my expectations and an MBA’s offerings. According to me, IE IMBA program fosters creativity and promotes learning by ensuring culturally and functionally diverse class to enhance skills pertaining to decision-making, creativity, problem solving, and other leadership attributes. Q3. What is your favorite part of IE’s IMBA program and/or Club activity? My favorite part of IE’s MBA program is the assortment of candidates from different regions, functions, qualifications and personalities. This unique amalgamation of students provides a unique opportunity for students who aspire to garner as much knowledge as possible during one year. The different perspective that one gets is imperative for a professional to hone his skills and become a complete manager. The other resplendent part of IE is its ability to congregate and encourage students to form clubs and manage them as per their discretion. The club meetings mean serious business when it comes to organizing important events such as IE Consulting day, IE Cricket tournament in MBAT etc. These events are managed and organized by students under the aegis of IE. The two traits mentioned above have the potential to elevate a student’s confidence by biblical proportions and enhance his personality to fight the daily rigors of a business environment. Q4. What has your experience been so far? My experience so far has been more than what I had expected before joining IE. I have made some long life friends, networked a lot, worked on different business ideas, explored many options for a career, learned a lot from students who have worked in different functions such as consulting, physiotherapy, CFA, pharmacy, marketing, supply chain, operations et al. The learning garnered has been stupendous and unparalleled. I have seen vagaries of life in Madrid. With friends, I have laughed at my miseries, cried at my achievements, hung out across Madrid, ate tapas and did so many unforgettable things. I will miss this experience once I step again into corporate world. Q5. What’s your future plan after IMBA? As mentioned in my previous answers, I explored so many options during IMBA program. Initially I wanted to return to my business but now I have decided to start a new venture in Madrid with my friends. I am not at liberty to disclose the business venture details but can provide you with a heads-up that it is related with the growing obesity in people. We are targeting the health sector since people are becoming more and more health conscious every day. It is a very lucrative sector and the our belief has recently been reinforced by Apple’s launch of iPhone 6 and Apple watch that primarily focuses on health. I am hopeful that our venture will kick off with a boom. |
FROM IE Business School - International MBA Blog: Key Dates to Remember for the IMBA April 2015 Intake |
Please take out your agendas, personal planners and calendars to update the key dates for the International MBA Program that starts in April 2015:
Preparad vuestras agendas personales o calendarios para actualizar las fechas claves del International MBA Program que empieza en abril 2015:
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FROM IE Business School - International MBA Blog: The Annual IE Career Fair has started, and more than 100 multinational companies will be on campus this week to meet with our students |
Todays’ Companies: Grupo SanJose, Qualitas Auto, Lidl, P&G, Everis, UNFPA, Source, Syngenta, Novartis, Sandhills East, BTS, Nestlé, Cumbria, FSC, Vodafone, Altadis – Imperial Tobacco, Accenture, PwC, Strategy&, Gas Natural Fenosa, Avon. Besides their presence at the Career Fair stands, the following companies will also have on campus presentations: British Petroleum, L’Oréal, Novartis, ALTADIS – Imperial Tobacco Group, Syngenta and Lidl. Visit us @ Serrano 99! |
FROM IE Business School - International MBA Blog: The “me” that went to IE is different from “me” that returned home! – IE alumna Ugo Ogwo |
Ugo Ogwo is currently the Head of Demand Forecasting for West Africa at GlaxoSmithKline (GSK) Consumer. In this role, she ensures Supply meets Demand for all product portfolios across all markets in West Africa. She has improved forecast accuracy from averages of 60s to very high 70s. She also acts as the hinge for new product launches and new market entries. Ugo received her Bachelor’s from the University of Nigeria Nsukka in Electrical Engineering and a Master in Telecommunications Engineering from the same university. After her 7+ years career in the Telecommunication Industry, Ugo decided it was time for a change of Industry and enrolled in the International MBA program at IE Business School as a platform to initiate the switch and to broaden her business acumen with international perspective. In addition to learning at IE, Ugo was actively involved with the IE Africa Club and was eventually elected the president of the club. During her tenure as president, she hosted the first Africa business event at IE which brought together Africa diplomatic community in Madrid as well as different stakeholders with business interest in Africa. Her time at IE (April 2010 – May 2011) was life transforming; to put it in her own words ‘‘IE changed my life; the ‘me’ that went to IE is different from me that returned’’. The experiences at IE including her Consulting Intern experience with Legal Resources Centre Johannesburg in South Africa were very instrumental in securing a place at GSK and have been of immense benefit as she settles and grows in the Fast Moving Consumer Health Care Industry. |
FROM IE Business School - International MBA Blog: You never know too much |
Finance professor Francisco López-Lubián is as passionate about finance as he is about the cinema. By the way, he’s not only a finance professor, he’s actually the head of the finance area at IE Business School. He’s also worked for the finance industry for quite some time. But most of all he just loves films. That’s why we decided to cast him as the main character in a finance crime movie entitled “You Never Know Too Much,” as you can see in this trailer for the film. Don´t miss his references to films like The Godfather, Chitty Chitty Bang Bang, or Amores Perros, not to mention The man who knew too much… Enjoy. P.S. For a finance bio of Prof. López-Lubian please click here |
FROM IE Business School - International MBA Blog: Why MBA: IE Business School – Spain |
Before starting an MBA program, Sokho Trinh worked for the global retail giant Carrefour in Europe and in Asia, as head of internet marketing and new media. He helped the business reach annual sales of €100 million, a year-on-year increase of 35%. After graduating from Spain’s IE Business School, he co-founded an online start-up – deparz.com – with three co-founders in 2011. He ran the business, a marketplace that connected mobility advisors with people who needed help moving and settling down in London, for more than three years. But he left to work at Aimia, a publically traded company which helps businesses launch and run loyalty programs, focused on the retail sector in EMEA and APAC. He has just moved into a business development role in analytics and research at Genpact, a global IT services company that is listed on the NYSE. Sokho, who is French-born Cambodian Chinese, says that his MBA gave him the confidence to take on global challenges, and has helped him land jobs ever since. Why did you decide to begin an MBA program? I felt like I needed to take my career to the next level, or to do something completely different such as launching my own company which I have always wanted to do. In both cases, I wanted to improve myself and move forward. What made IE Business School, and Spain, attractive? I wanted an MBA from a top-10 [business school], which would not take more than a year because of the investment and the opportunity cost of not working, and [a school] located in an attractive city – Madrid is a stunning place, I speak Spanish and who doesn’t love tapas? You took an exchange to ESSEC Business School – did you benefit? Yes – it increased my network, and it is helping me when I want to do business with French clients. ESSEC is a really well-regarded business school in France and in Europe. It is also a global reference when it comes to luxury management. What value do you now place in your MBA? Above all, this MBA at IE gave me more faith in myself to accomplish big things in a global, complex, and constantly changing environment. I learned a lot in finance, entrepreneurship [and] strategy, among other courses. In addition, I leveraged my network internationally. It may have [also] contributed in the selection process to join Genpact – I have been told that they knew the value of an MBA from IE Business School. You rose through the ranks at Carrefour to head of internet marketing and new media – how much of an impact did those areas have on the business? I worked in the financial services and insurance division at Carrefour which accounted for about a fifth of the company’s profitability. Heading the internet and new media sales channel was a big responsibility, and represented a major part of the company, with massive growth potential. Why did you leave to found Deparz in 2011? What success did you have with the business? I was granted educational leave to study my MBA which I accepted with the idea to potentially get back to Carrefour [in] a more senior, international role. However, I was surrounded by many entrepreneurial spirits [on the MBA] and eventually realised that I wanted to give it a try, and therefore I co-launched Deparz. Even though it has not reached its full potential, I sense that this start-up experience has been the best thing that could have happened. I will try again in the future. You then joined Aimia and have now joined Genpact – how influential was an MBA in securing these roles? I would say that my MBA has had a [hand] in securing my roles at Aimia and at Genpact. The MBA was a “cherry on the cake”. It gave confidence to my employers. Because they knew that IE had a top-tier international MBA, it gave them even more confidence to recruit me. What are the main challenges that the retail industry currently faces? The retail industry currently faces several hot issues: first, the vast amount of data which companies don’t really know how to deal with. Second, in many countries, omni-channel [retailing] is becoming a reality and retailers need to understand how to cope with it. Finally, we are witnessing the arrival of innovative concepts which retailers need to understand, digest, and learn to adapt [to] – for example, virtual shops. What difficulties have you faced in expanding in EMEA and APAC at Aimia? To define the right market entry strategy is the toughest exercise. Also, the nature of my role requires long and complex sales cycles with multiple senior stakeholders, which increases the complexity of the expansion in EMEA and APAC when you are based in one location only. Once you have signed a contract with a client, to find and place the right people to work for [or] with our clients abroad is a real challenge. Do you feel the MBA is beneficial in your day-to-day work life at Aimia and at Genpact? Yes – I still use some of the things I learned during the MBA such as finance and strategy. Also, I can tap into my global network to access market information. During my business trips there is nothing better than feeling [at] home – no matter where I go I end up having a drink with an alumnus of IE Business School. |
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