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01 Sep 2015, 01:39
10 Sep 2015, 18:23
17 Sep 2015, 07:01
| FROM Kelley MBA Blog: Tokens of Advice for MBA Dads |
  Jared Goldsmithby Jared Goldsmith, MBA’16 Just one year ago I watched my little house and the comfortable world I had known in the rear-view mirror of a moving truck. Pursuing an MBA is a big decisions to make – you have to put your life on hold, sell belongings, quit a job, and usually move to a new city. When I decided that pursuing an MBA was a necessary step in my career path I had two other responsibilities… with one more on the way. I now have the most supportive loving wife, and two little girls that think that I can do no wrong. Knowing that I have the responsibility of taking care of them makes career decisions more tangible and gives me a sense of responsibility that is indescribable. When looking for advice on MBA’s for fathers there were no resources that I could find. There is a blog or forum for almost every other life situation that I can think of, but of course, nothing for the situation I was in. Hopefully the lessons I have learned over the past year can answer questions or give courage to at least one father who is contemplating the pursuit of an MBA. Being an MBA father is a small club, but one that has given me some exceptional friends. We stick together and help each other through the tough times. A lot of times it is hard to give everything you have to school and recruiting and also give your family the attention that they deserve. Here are a few words of advice that will help make your MBA path a successful one. #1 Don’t Put Off Networking Networking is easy to put off because for some it is the most painful thing that you could ever imagine. Most official events are during the night when you would rather be at home with your family. My advice is to “Buck up and do it”. The end goal of business school is landing a job. To land your dream job you are going to have to network with the right people in the right positions. Also make sure to network with your fellow MBA’s. The full-time MBA is a unique experience to be around such bright individuals that can teach you more than you could ever learn about a myriad of companies and industries. Your classmates are going to be your network for the rest of your life. Make sure you take time to let them know what you bring to the table and also to learn about them and what makes them unique. These will be the people that you call on throughout your life to fill positions in your organization, and spoiler alert… they will be calling you. #2 Plan and Schedule You have 168 hours per week… it’s not going to be enough time to do everything that you need, and want to do. One of the most valuable skills that you can learn in B-school is time management. You need to look at your weeks and plan what you are going to accomplish and what things are going to be pushed to the back-burner, or not get done. It has worked for me to live by my calendar. If I want to meet my family for lunch, it’s on my calendar. Stick to it, but don’t be afraid to modify things, be adaptable… if an opportunity to talk to someone on the phone comes up (refer to point #1), find some time to squeeze it in. #3 Communicate Make sure that the people that live under your roof are aware of your schedule. This is something that has been challenging for me because there are always things coming up. My girls love to have me home on Saturday mornings, and that has become my unwind time to be with them. If I ever have anything come up that I have to be doing something on Saturday I make sure that they know so it isn’t a surprise. I also try and inform my wife through calendar invites if things come up as soon as I know of them. #4 Don’t Forget Your Family This will be a unique time in your life that you will be able to look back and cherish. It is great to not have the regular stresses of work life. You will probably be in a new part of the country. Take your people to explore new things and plan weekend getaways. You will be very busy, but also have more breaks than you are used to having at work. Take advantage of your downtime and see something new. On Saturdays it has been so fun to visit the Children’s Museum and other local attractions with my family and be able to be with my girls as they grow up. Overall the decision of coming to B-school was the most substantial career decision I have ever made, but I have no doubt that it was the best option for me. My life is certainly different than it was before coming to school. Being out of my comfort zone has helped me grow so much closer to my wife and girls. When we first moved we started out in survival mode. Getting from week to week was sometimes hard, but now we are a team and we rely on each other. I have learned that you can do hard things when you put your mind to it. The hard is what makes life great. Goldsmith is working towards an MBA, specializing in finance and business analytics. Prior to coming to Kelley, he worked in business banking at JP Morgan Chase and he interned this past summer at PPG Industries in Corporate Treasury. He will complete his Kelley MBA in 2016. “Tokens of Advice for MBA Dads” was originally published on Linkedin Pulse on September 15, 2016. |
17 Sep 2015, 07:06
24 Sep 2015, 10:03
24 Sep 2015, 12:01
| FROM Kelley MBA Blog: The Magnetic Power of Personal Vision |
By Ray Luther, Executive Director, Kelley MBA Program  Ray Luther “There are no choices without personal freedom, Buckeroo. It's not us who are dead inside. These things you find so weak and contemptible in us - these are just the hazards of being free.” -David Foster WallaceYour past tells a story that supports who you are today. This story consists of what you’ve done and how you’ve lived…your life choices… good and bad. This story contains the shared narratives of who you spent the most time with. Who is important…there’s a lot of truth in the old adage that you are a mash-up of your five closest relationships. You influence and are influenced on a continuous spectrum. In truth, you practice selective memory as you recall this unique story known as your past – we all do. You choose to remember, omit, and edit as it suits your needs, but it’s still what makes you who you are today. In looking forward you also have the opportunity to choose. You can choose to allow circumstance and the agenda of others dictate your future. Or, you can choose to live on purpose. You can choose what you will do, how you will do it and who you will spend time with – guided by a vision of who you want to become. Not necessarily in an overly planned way, because frankly that’s boring, but in a way that pulls you forward through magnetic inspiration. This is the power of personal vision. In the Kelley MBA Leadership Academy, we believe in the power of personal vision to help guide us. Magnetic inspiration that pulls us forward. We choose to practice personal leadership by living on purpose. The ability to lead ourselves to an inspired future that we choose, not one that’s chosen for us, is what motivates us. It doesn’t really matter if all of our vision comes true. What matters is that we’re inspired to move forward consistent with our purpose. Every year we practice a multi-session personal visioning exercise with our current Leadership Academy Students. This is part of our Lead for Life Series. We work with a tool called the Personal Compass from The Grove. It’s wonderful because it incorporates the best of visual thinking with solid analysis to help uncover personal insight. While not the only personal visioning tool out there, it’s one that we highly recommend. Eric Johnson and I never cease to be amazed by the insights this process can generate. We’ve seen a number of students gain a new level of confidence in their self-leadership moving forward. We’ve also seen a number of students realize they needed a course correction to live on purpose with their vision. All of this is OK; it’s part of the ongoing learning process as we actively lead ourselves. Explore your past, envision your future, make bold choices to move forward… and then act. We are very proud of our Lead for Life Series in the Kelley MBA Leadership Academy. This optional program is all about improving the personal side of leadership, one that’s often neglected in leadership development work. Personal visioning is just the first step. We also learn to lead through the practice of compassion, mindfulness, and fitness. We look forward to continuing the conversation around personal leadership. We value insight from others if you choose to share. We also hope that you choose to live on purpose. That the what, how and who choices you make moving forward are ones that align with your personal values. Most of all we hope that your personal vision provides the magnetic inspiration to move you forward in a way that makes you proud to be you. “The Magnetic Power of Personal Vision” was originally published on Linkedin Pulse on September 24, 2015. |
27 Sep 2015, 00:19
30 Sep 2015, 14:26
03 Oct 2015, 07:30
05 Oct 2015, 08:26
05 Oct 2015, 08:30
05 Oct 2015, 08:39
06 Oct 2015, 12:19
06 Oct 2015, 17:08
06 Oct 2015, 18:18
07 Oct 2015, 23:43
08 Oct 2015, 00:32
08 Oct 2015, 08:01
| FROM Kelley MBA Blog: An MBA at an OEM: the Top 3 Things I Learned This Summer |
  John W. Scott by John W. Scott, MBA'16 This summer I interned at Audi of America with the Marketing Research and Electric Vehicles teams. It was an incredible experience and one that taught me a great deal over the course of 10 weeks. Now, as a second-year MBA Candidate at the Kelley School of Business at Indiana University, I reflect on my greatest takeaways and what I believe will influence the industry for the long-term. 1. Passion drives the company and industry forward One of the most surprising things I discovered about the automotive industry is that not everybody is a die-hard auto enthusiast like me. What’s interesting is that although not everyone has gasoline in their veins, they are all passionate about the brand and the industry overall. It is no secret that the auto industry is going through one of the most innovative and tumultuous periods of the last 100 years, and you can feel it every day while working at an automaker. At Audi of America, I was incredibly fortunate to work alongside people who have a vision of what Audi will be in the next 5, 10, even 20 years down the road. They’re passionate about the brand and the competition. They’re passionate about the technology that is being developed and released to the public. They’re excited about what could be as well as what is. In the end, passion in this industry can take a plethora of forms and that’s what makes it so great. 2. Data, data, data If there’s one thing you learn while studying consumer marketing in business school, it’s that data drives any and all well-informed decisions. Historically, data has been most useful for CPG firms as their customers buy their products frequently. In the auto industry, it’s not so easy. For the most part, cars are purchased infrequently, which can make it challenging to learn about your consumers. Luckily, there are tools being developed and utilized to help automakers track marketing messages to an actual sale. During my time at Audi of America, I saw first-hand how data is being leveraged through a variety of internal and external sources to influence critical decisions for the short- and long-term. It’s safe to say that data is only going to become more important over time, affecting all parts of the business. Knowing the consumer at a granular level is key, and being able to decipher the data in a meaningful way is even more so. 3. Think long-term, not short-term I think it’s no coincidence that at this year’s Frankfurt Auto Show, there were several automakers who announced battery electric vehicle (BEV) concepts that will no doubt be put into production in the coming years. Companies are recognizing that 1) they need to act quickly with BEV R&D, and 2) the long-term viability of fossil fuels is impossible. This summer, I learned that it can be challenging to balance short-term profit goals with long-term R&D investment, but the survival of the industry is dependent upon maintaining this long-term focus. The key to the continued success and viability of an automaker will be focusing on the long-term, as investing now will mean the survival of the brand in the future. It is an exciting time to be in the auto industry, and it will only get more exciting. Have something you would like to add to the list? Let me know in the comments! "An MBA at an OEM: the Top 3 Things I Learned This Summer" was originally published on Linkedin Pulse on September 30, 2015. |
08 Oct 2015, 09:12
08 Oct 2015, 11:01
| FROM Kelley MBA Blog: Kelley Leadership through the Eyes of an IGOE Fellow |
 From left to right: Jesús Salinas (Latin MBAA VP for Finance), Alejandra de Caso (MBAA VP for Marketing and Out at Kelley President), Cesar Sanchez (Latin MBAA President), and Miguel Cruz (Kelley Soccer Club President and Latin MBAA VP for Communications) by Miguel A. Cruz, MBA’17 Leadership is the power of an individual to guide, advise, and influence others and it is one of the most important skills that is expected from an MBA student and graduate. In the Kelley School of Business you are challenged to find your style of leadership and develop your leadership capabilities right from the beginning. For Latino students, the Institute for Global Organizational Effectiveness (IGOE) Fellowship is an enabler that allows us to fulfill our goals and experience great leadership opportunities. One of the first things students encounter during the MBA program is Me Inc., where you not only start building your personal brand, but also test your leadership ability by learning how to influence your team during the Core. During the beginning of the second semester, students also participate in a great challenge, the Academy Projects. This is a team-based consulting project for real companies and real situations that help students understand what a summer internship project looks like. In this opportunity, students not only face the challenge of coming up with a solution to a real-world problem, but are also paired with other first years in different stages of their internship search. At this point students are familiarized with their group work responsibilities and know that they are accountable to their peers and projects. Also in the first seven weeks of the second semester, each class is responsible for choosing the new MBA Association officers. This is organization that takes on the challenge of organizing all the student-led activities. As an IGOE fellow, I am proud to share that during the past five years IGOEs have participated in the winning slate. In addition, during the last seven weeks of the first year students have the opportunity elect their peers as a President or a VP of a Kelley club or association. These organizations exist to help and support a wide variety of student activities, including: professional (Marketing, Finance, Consulting, etc.), cultural and support (Partners, Women, Latin, Asian, and Black) and finally developing skills and sports (e.g., tech, toast masters, soccer, golf). Finally in the beginning of the second year, students get amazing opportunities to help first years directly through the Leadership Academy as they become a Personal or a Core Team Coach or by leading a Globase consulting project to solve a real business problem for a company in different markets around the world. Because of the amount of opportunities that the Kelley MBA Program and the Institute of Global Organizational Effectiveness make available, students get to pick where and how they exercise and put to test their leadership; and these challenges are not short of the experience that the real world will present to our future alumni. |
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