UCD Smurfit MBA Blog

Archive for the ‘Nargiza Kalmamatova’ Category

Some of the top players in the media space gathered at UCD Smurfit on Saturday May 21^st last.  This was the last in the series of events that are part of the Personal & Professional Development programme for our MBA students.

The morning was broken into two sessions:

Session 1: Value of Media Relations to drive an Organisation’s Reputation.

Joe Carmody, Director at Edelman presented a lecture based on The Edelman Global Trust Barometer:  The State of Trust in corporations, media, NGO’S and Government, finishing with quite an intensive and lengthy Q&A.

Session 2: Why Media Relations is critical to your business. This second session saw a panel discussion followed by a Q&A between the panel guests and audience. The event was held in the magnificent Laurence Crowley Boardroom. The panel were:

Jim Glennon, Chairman (Edelman) – Former Fianna Fáil TD, Senator, former Irish rugby international as well as a long-established media analyst on the game in both broadcast and print media.

Tommy MacDonnell, Director (Ogilvy & Mather), one of Ireland’s leading communications companies. A regular contributor to the national media on issues relating to brands and reputation. Previously with Saatchi & Saatchi  International working in a number of global markets.

Ann O’Dea, Director & Editor in Chief (Business & Leadership) – Founder-director of Whitespace Publishing Group whose publications include businessandleadership.com, responsible for the group’s executive magazines and strategy in new media. Was responsible for the development of siliconrepublic.com back in 2002, today Ireland’s leading technology website.

The Chair, Jim Glennon, led topics on strategic alignment of a company’s profit targets and its purpose to the new expectations of business leaders to the new rules of PR in today’s technology-driven world and personal branding.

Breaks throughout gave the attendees and panel a chance to mingle and network.

Full time MBA student, Rob Downes, spoke highly of the event, saying “it was a wonderful opportunity to hear such highly regarded experts discuss topical and relevant issues during these times.”

Pictures from Media Day 2011

- Text: Megan Molloy FT 2011 & Michael McDonnell, MBA Programme Manager

- Photos – Nargiza Kalmamatova

From time to time we ask ourselves whether this MBA program was of any use for us. Do we understand different aspects of business better? Did we gain any knowledge that would be practically applicable? And of course if our investments of money, time and efforts were worth it…

Those are not easy questions. Probably we’ll be able to answer them only after couple of years.

However last week an interesting happened to me. My brother told me that he was planning to write a business plan. He had an idea and there were potential investors for realizing it. So he asked if I have any tips for writing a business plan. First of all, I should say that I was proud that my extremely intelligent ‘Big Brother’ was asking my advice. That is the influence of an MBA status I suppose )))

And I surprised myself how eager and excited I was about that topic. First of all I told him everything I knew about business plan writing from our Strategy class (see related links below) . Those were quite practical tips on structure and style of a business plan, do’s and don’ts, etc. Besides, I recalled that one of guest speakers of MBA Entrepreneurship Club gave a good advice that “presenting to investors you are selling the idea, not numbers or anything else”. So the key is to really believe in your idea, be confident and inspired – and inspire others.  I also suggested different options on promotion and distribution channels referring to the discussions we had in Sales Relations class.

So we talked for an hour and developed a draft plan of what to do. During next two days we were exchanging ideas. And after that my brother sent me the draft of his presentation to investors. It was really catchy and interesting, plus creative and original. I cannot imagine what would happen if my brother took a full MBA course, if he got the point so easily just after listening to my summarized tips!

Leaders should celebrate small wins in order to motivate their team (this is again from one of our courses, Leadership).  I am celebrating my own small win these days. I had a chance to see that my learning from MBA can work in practice.

- Nargiza Kalmamatova

Useful links:

How to write a great business plan, W. Sahlman (article ; full paper)

Are you sure you have a strategy?, Hambrick and Fredrickson

How to present to investors

The art of telling your story

Honing your investor presentation

“Fifty percent of your career success depends on networking” that’s one of the first statement we heard on MBA.

We even have been proved of power of the networks on one of the sessions organized by our Career Service. There is a website called The Oracle of Bacon. If you enter a name of any actor, they will show you the number of movies through which your actor is linked to Kevin Bacon, who is also an actor. The amazing thing is that you can enter the name of an actor who is from a different country and even from different generation, but he will still be linked to Kevin Bacon. And it’s not because Kevin Bacon is a very popular actor or had played in enormous number of movies. I think he was taken just as an example in order to show that you can link anyone to anyone. And the practical use of this example is that you can link to anyone you want. All you need is just to tell your friends, relatives, colleagues, neighbors and etc that you are looking for someone who know that person. They say that usually acquaintances are even more useful for networking than your close friends. So feel free to tell your hairdresser or a man from grocery shop what you are looking for. You never know who will give you the precious contact.

Finding the right person is only half of the success. Next step is to talk to that person, and preferably make good impression. There are rules like, don’t talk too much about yourself and in general don’t talk too much. Active listening! At the end of the day it all seems to be common sense – be nice, be polite, be interesting and don’t forget to listen. However, even knowing all the do’s and don’ts it’s not that easy, because you can never have one key for communication with everybody. My answer is practice. During this year we had lots and lots of opportunities for networking – presentations, receptions, interviews, sessions, study trip… in fact, any event can be your opportunity for networking. Our facilitator of Effective Networking, Tony Newton said that even after years and years of business experience he is still a bit nervous before meeting new people; but you would never say that when you look at him.

Networking events during our International Study Trip to Brazil

Some interesting links:

- Ten rules of networking

- The Elevator Pitch

- A blog about a person who has 16000 contacts

- Nargiza Kalmamatova

At the time of writing my previous blog as a full time UCD Smurfit MBA, I was full of questions and thoughts. It was my reflection time.

So much has happened since then even though it has only been three weeks.

First of all, we have finished our exams for Term 3! Only someone who has had seven months of continuous challenges every day and every hour can imagine the relief I feel now.  As my coach, Eadine Hickey noticed, challenges are the best motivation for me. So when I say challenges I mean something tough, but exciting that makes you move, improve and develop.

In my opinion, Term 3, which is the first part of Semester 2, has been the most stressful one.  And, I’m not the only one who has observed this. Maybe it is because we are closer to finish line, which is sad and good at the same time. Maybe it is because there is a limit to a person’s energy and we are running out of it. Or maybe we had a busier schedule this term because of the Option Modules.

Nevertheless, I feel that I am on a different level this term thanks to the preparation from first two terms. I have enjoyed readings and discussions on different topics on strategy, HR, finance, negotiations, etc more than ever before. At the exams, I felt a little disappointed when questions did not cover some of the topics I was passionate about. So I tried to attach them to my answers even if it was not very relevant. And after exams, my classmates stopped me several times from talking about questions and answers saying that “this one is over now, switch to the next one”. Anyway, we have finished with exams, and still have couple of assignments to do to wrap up this term full of stress, learning and progress.

As for my choice of Option Modules, I should say that my decision to try to get a deeper understanding of different aspects of business was the right one. For example, I find Managing Sales Relations course very useful. Sales are everywhere, no matter what post you hold and what industry you are working in. And that class is special, because it considers Sales from a fresh perspective with reference to contemporary reality with its hypercompetition and incredible dynamics of markets. One of the guest speakers stated something that is applicable not only to sales people: in order to succeed you should admit the fact that in three out of four cases you will be rejected, and that’s absolutely normal.

Another interesting part of this term has been the “Mock” Interviews. I had interviews with two experienced recruiters Mark Burgess from Spirit Executive Fiona Tierney from Dalriada.  These training interviews bring you back to reality, and assess if you are ready to face ‘real world’.  All the grades and study will remain within the walls of your school. What those people outside college care about is if you are able to work hard, achieve goals, get on with people, etc. All the knowledge we acquired here can be useful only if we know how to apply it. That wasn’t news for me; whenever I heard any interesting theories I always tried to imagine how it would work in real life. The interviewers gave me valuable and insightful feedback, including advice on CV, main points for me to highlight during real interviews, some tips about career choices, etc.

And the last piece of news is about my Company Project. In my previous blogs, I confessed that even if my background and future career plans are all about finance; I would love to have a chance to do a project with a music company.  Although our MBA Careers Office provided us with a great choice of projects from which we could choose one for ourselves; I really wanted to find my own project in the music industry.

I should say that it is not easy to convince music people that an MBA project can be useful for them. Most of the companies I contacted did not even reply to my messages. It’s not surprising, because MBA and music seem to be two different worlds. However, luck was on my side and I eventually found a music company that expressed an interest. Moreover, it turned out that their idea for a project was very interesting and would allow me to apply my knowledge of strategy and marketing. But, I exchanged dozens of e-mails with the company before meeting them and coming to a consensus. Following the best traditions of adventure movies, everything was decided at the last moment, when I almost signed up for a different project. I would like to thank my coach, Eadine Hickey, and my classmate, Diarmuid O’Keeffe, who supported me in my in my idea of a project with a music company.

So here I am now, almost finished my assignments, looking forward to do my Company Project and heading towards our one-week International Study Trip to Brazil.

Oh, life is so beautiful!

-          Nargiza Kalmamatova, Full-time MBA 2010/2011



Photos: Spring in UCD Smurfit campus