One Last Time

For the last installment of the Leadership Development Programme, UCD provided the full-time MBAs with a two-day session at the Talbot hotel. Hosted by the class favourites, Professors Karan Sonpar and Patrick Gibbons, and MBA Programme Manager Agnieszka Wisniewska, this session instigated a reflection on our personal development and provided  one last dip into self-awareness. It was also our first gathering as a class after almost 5 months, and all of us were geared up and enthusiastic about getting back into a classroom setting.

20200730_102731The first day started with an introduction to the Myers-Briggs type indicator and a review of our results. I was familiar with this test but had never officially done one before. Discussing with colleagues I notice how far our self-perception can be from our real image. For example, I was surprised to discover that introversion is one of my dominant features.

The highlight of the second day was the case study analysis of the Nucor case, where we used many of the skills acquired during the last 12 months–financial statement analysis, organizational behaviour, marketing and corporate finance–to discuss the growth of the different departments of a steel manufacturing company. With no pressure for grades and the relaxed atmosphere provided by the event, this exercise felt more like a game. It was also a great opportunity to see real-life incorporation of one year’s worth of theory and practical lessons. 

Of course, I must not forget that, with a small dose of grief,  this was our last opportunity to say “Together” together with the great Paul Slattery, whose presenting techniques spared us from many embarrassing moments during presentations. The session dealt with Executive presence and how to make the most impact on our body language while remaining relaxed. This was our third session with Paul and it was truly a great experience to see the difference in all of us from our first session back in September 2019.

However,  the real highlight of the event was the chance to see my classmates again. It’s been a weird and unpredictable year and it felt great to have one last MBA classroom experience before we all went our separate ways.

Ricardo O’Connor, FTMBA Class of 2020

Know Thyself

Back together again--at a distance.
Back together again–at a distance.

Towards the end of our MBA program, at the request of the entire batch, the school was kind enough to organize an Executive Development Programme with Professor Karan Sonpar and Professor Patrick Gibbons. 

The session was informative as well as self-reflective and it was a feeling of nostalgic happiness  with which I met my colleagues after five months.

The main objective of the seminar was to enhance self-awareness which in turn leads to personality development. Given our previous encounters with such assessments (I refer to the Strengths Development Inventory assessment taken in autumn),  I was keenly looking forward to this session, and it exceeded expectations. 

What I found most intriguing were the personality assessment tests, particularly the MBTI. The tests are designed to help us better understand where our personality types fit and how best we can use what we know about ourselves to benefit us both socially and professionally. This understanding  aids in nurturing team spirit and diversity and highlights the importance of appreciating and accepting the differences we have as individuals. 

Self-awareness is often sidelined as an essential factor in establishing work culture balance. Still, in reality, such knowledge is vital as it can help us align better with our colleagues and be more efficient at team selection. What’s important to remember is, these tests tell us about our preferences and are not reflective of our skills and abilities.

The test itself had four focus areas, namely; a) Gain and Direct Energy, b) Gather information, c) Make decisions, d) Live your life. The results were rather interesting and revealing. There was a range of sixteen personalities, and we all fit into one of those categories.  For instance, an INTJ personality type meant I- Introversion, N – Intuition, T- Thinking, J – Judging.  According to the test-makers, an individual with this personality type has a natural preference (not one’s ability or skill) to be an introvert. 

The test results gave me mixed feelings. While there were several exciting revelations which were a first for me, there were others which I knew well about myself. Such was the case with all my classmates . 

All in all, it was a fun exercise and most importantly, it was one last chance to have a good time with my peers from the Smurfit MBA class of 2020.

Karna Hallur, FTMBA Class of 2020

Capstone Support: the Market Research Master Class

soumyajit-chakraborty-blog-pictureThe Capstone Project, a core element of the MBA experience at UCD Smurfit, was complemented by the Leadership Development Programme through a master class on Market Research, facilitated by Martha Fanning of Martha Fanning Research. The session provided insights and practical advice on market research aimed at adding an additional layer of richness and quality to the final set of recommendations for the clients. 

One big takeaway from the session: market research should never be underestimated. Many successful new businesses enjoy longevity because they conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. A well-designed market research can identify how customers and potential customers might view products, solutions, and offerings in a very competitive landscape, and can identify gaps in customer expectations. Having good market intelligence helps minimize risks when making key business decisions. Most of our Capstone Projects had some, if not all, of these goals associated with them. 

The aim of market research is to gather information about a business’s buyer to determine the viability and success of the product or service. In the context of our Capstone project on talent management, scoped within employee recruitment, retention, and reskilling, the buyers are the employees themselves and the product and services are company offerings in learning, work opportunity, compensation, reward and appraisal systems etc. which build up the various levels of needs influencing employees to intrinsically partake in behavioral motivation and align with the company goals.

There were several factors that were considered while designing the research questionnaire and identifying the right surveying technique. Our approach was top down, starting with understanding what the company wanted and what they were willing to offer in exchange. Our approach was in alignment with understanding human nature and the innate hierarchical human needs responsible for motivation, how they could be transformed, and the social-political implications. The results from the research were structured into broad categories that looked into employees’ and potential employees’ opinion on a wide range of factors, which could be considered as building blocks or resources for success; for example, the unique work culture of an organization. 

The reason why some companies outperform others is a result of an organization’s competitive advantage, emerging from a refined understanding of the factors that determine market attractiveness. Our research highlighted the importance of leveraging the knowledge and views of employees to both engage the workforce and to create a unique organizational strategy.

Soumyajit Chakraborty, FTMBA Class of 2020

Learning the Agile Way!

sahil-singla-headshotOut of many wonderful learning experiences in the Smurfit MBA, Masterclass sessions were very insightful. Masterclasses were not a part of the pre-defined course curriculum but were arranged on-demand as extra learning opportunities for MBA students. These were optional classes, providing flexibility to students to choose sessions of their interests. In order to boost the spirits of all of us during the COVID environment, the classes were designed with a practical approach towards the usage of those tools and concepts which would help us in our future assignments.

One such masterclass was organized on “Agile” philosophy. The class was in high demand and the facilitator had to take two sessions to accommodate all interested students. 

Even though my area of expertise is operations and supply chain, with very little prior exposure to Agile concepts, my learnings were immense because of the interactive sessions chaired by a highly experienced professional, and thanks to the contribution of my many classmates who have in-depth knowledge on the subject.

We learnt the key differences between Agile and Waterfall methodology, and that both have their own use cases. It was interesting to find out that while in Waterfall methodology, resource planning is done based on deliverables and timelines, the whole focus of Agile is on available resources and timeline, and the deliverables are prioritized accordingly.

These initiatives like Masterclass and Leadership Development in the post-COVID environment are a reflection of the school’s commitment toward the overall development of MBA students and are amongst the key contributors to our experiential learning process at Smurfit.

Sahil Singla, Full-time MBA Class of 2020

My Exciting Smurfit MBA Journey So Far

I have worked as a mechanical engineer within the power industry for the past 17 years and decided to do the full-time MBA to build on my business experience. Although I have only completed the first semester so far, I can already say that the UCD Smurfit MBA course provides an excellent set of business tools and has already opened many opportunities. 

It was a bit daunting to get back into student life after so long away, but the orientation week and support from the college made the process seamless. The classes are small, so you get a great chance to develop a bond with each class and can easily interact with the professors.

ken-at-berkeleyI have had some great experiences in the MBA. I got the amazing opportunity to participate in the GNAM (Global Network for Advanced Management) week at Haas School of Business at the University of California, Berkeley–you can learn more about that week here.

I currently interact with students throughout the world via an online course on Corporate Entrepreneurship at EGADE business school at Tecnológico de Monterrey, Mexico, which is also facilitated by GNAM.

The UCD MBA Entrepreneurship Club, which I serve as a board member, has proved to be a great opportunity. The college has assembled an advisory board from government agencies, SMEs, and start-ups, to provide connections for the club members. We have arranged one event so far that brought in Conor Hanley to give us a fascinating talk about his entrepreneurial adventures within the medical device arena.

students-with-ambassadorIn November, U.S. Ambassador to Ireland Edward F. Crawford visited the Smurfit campus to speak about his fascinating entrepreneurial journey. He met specifically with members of the Entrepreneurship Club before the presentation.

Participation in the MBA includes access to Executive Coaching and an assigned business mentor. I am taking full advantage of both options. The coach acts as a sounding board and offers help with my career direction. The mentor, provided through Career Services, is an experienced UCD alumni from the power industry, so will be another great resource.  

I have also arranged to put what I’ve learned in the MBA directly into practice by providing some consultancy work to an energy company based in UCD’s start-up hub UCD Nova.

As the MBA programme at Smurfit has an international focus, I am preparing for a trip to Argentina next month for the hands-on ‘Doing Business in International Markets’ module. In June, we’ll travel to Lisbon, Portugal for a week of consulting assignments with local businesses.

I could not more highly recommend the UCD Smurfit MBA. It provides an exceptional opportunity to build your business and personal skills, while becoming part of an extensive alumni family. 

Kenneth Power, FTMBA 2019-2020

Presentation Skills Session with Paul A. Slattery & the Team

“Omne Trium Perfectum’

This is the rule of three, which states that a trio of events or characters is more humorous, satisfying or effective than other numbers.

For example;

  • 1 second pause during the presentation speech helps the audience to hear,
  • 2 second pause helps them to process, and
  • 3 second pause helps them to feel

And remember, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel”

  • With 1 second eye contact, they know
  • With 2 second eye contact, they see
  • And with 3 second eye contact, they feel

Any eye contact of more than 3 seconds becomes a stare and gets creepy.. :-P

That’s one of the many lessons we learned from our session with the presentation skills team which includes three members Paul A. Slattery, Marie Lord and Ilaria Dondero

The team is led by Paul, who is the Founder & Managing Director of NxtGEN and an adjunct lecturer of the MBA leadership development program at UCD Michael Smurfit Business School.

I am sure some people would agree that it is a difficult task attending lectures from 9 AM to 6 PM, let’s not even talk about attending a single lecture for 9 hours. We had such a session with this team on 18th of September 2019.

But the time flew like a falcon and the session was over before we knew it. Various tricks used by the team during the presentation kept everyone at the edge of their seats and energetic during the whole session, like repeating sayings and famous quotes together as one group and several mindfulness exercises, such as, sitting on the edge of the seat and deep breathing, pattern claps, stand and celebrate like you just won the race of a lifetime etc.

This one-day session had a massive impact on all of us as we improved in different aspects. The whole session went by in a flash and at the end of it we were looking for even more. I guess Paul was completely drained  from the day though as we had to carry him on our back for the group photo.

…..And I would not blame him. After all, it’s not an easy task moulding half-baked pots.

lalit

Lalit Saini, Full Time MBA 2019-2020 

Presenting4Success journey

On September 19th, Met Eireann issued a nationwide “status yellow” weather alert for Storm Ernesto. But, in boarding the “boat”, the weather was not our only challenge; what we would do on the day itself also turned out to be extremely challenging. In our Presenting4Success journey, we are glad that Mr Paul A. Slattery is the captain who is coaching us. This journey lets us learn—and experience—how to present perfectly, which is vital to achieving advancement for ourselves and our ideas. Trust me, it is not that easy!

Before we boarded, most of us were confused. What kind of journey would we experience during this day? The journey began at 9 am. After a light group training on presenting for success, six study groups began their first three-minute presentations. Although these three minutes had been rehearsed before, when standing in front of everyone, you still experience fear and anxiety. After each group presentation, three groups of students offered encouragement and comments on the stage. Feedback is a gift. This gave the team a better understanding of its strengths and weaknesses. Captain Paul also guided the students on visual, verbal and vocal communication and connection with the audience. The audience also benefited from listening to and evaluating the other teams’ presentations.

We were glad that the presentations had finally ended, but we were too naïve. In reality, there were more seven-minute presentations in the afternoon. It must be admitted that the improvements would have been impossible without implementing the new knowledge and skills we had gained from the three-minute presentations.

In this second presentation, we opened with CABA, supporting our body with materials, and closed with Mas. We had less than an hour to prepare the ideas for the team presentation. During the preparation, each team had to constantly move positions and rehearse with different instructors. Even though time was pressing, everyone was inspired to achieve their potential. In addition, the team cooperation was very harmonious, and each member of the team helped the others. During this time, I am very proud to say that our volume, inflection, eye contact and stance all improved.

In today’s Presenting4Success journey, we encountered four “waves”: how to prepare your message, how to develop it, how to deliver it and how to evaluate it. These “waves” have challenged us to step outside our comfort zone to learn the new techniques. I believe that with practice and team work, we will all become excellent skilled communicators.

Luzi Wen, FT MBA 2018/19

Celebrating Ireland’s Top 25 Most Powerful Women, 2018

With exam stress a distant memory, the recovery of my social life underway and hints that a heatwave was coming to Ireland, to say I was happy the summer had arrived was an understatement. First year had been more enjoyable and rewarding than I had anticipated,  however there was certainly a need for some well-deserved time off. Despite this, the invite to the WXN Top 25 Most Powerful Women in Ireland awards ceremony came as a welcome reminder as to why I had taken on the challenge of an Executive MBA in the first place.

I didn’t need to be asked twice to attend the awards ceremony in the Intercontinental Hotel, Dublin. The glad rags were on and I was ready to celebrate some of the most inspirational women this country has to offer.

teresa-dillon-wxn-top-25-women-02-07-18

Founded in Canada in 1997, and expanded to Ireland in 2008, the Women’s Executive Network (WXN) is dedicated to the advancement and acknowledgement of women in leadership roles across a diverse range of industries. The WXN awards ceremony recognises and celebrates the accomplishments of incredible and inspirational female leaders in business, arts, sport and entertainment, entrepreneurship, not-for-profit ventures and the public sector.

The accomplishments of these 25 women are truly inspirational, each one a trail blazer in her own field. The interviewees were candid and sincere in their responses while Senator Joan Freeman had the audience’s undivided attention such was her ability to capture our attentions. She spoke about the female traits that women bring to leadership roles including compassion, acceptance and love. These are traits which are needed in senior leadership roles and she encouraged us all to strive towards achieving our goals.

Of course, like all MBA activities the awards ceremony provided an opportunity to network, this time with our counterparts from the different MBA streams. Now more than ever the differences in full timers and executives MBA journeys was evident. For the first-year executives, it was a great opportunity to get the inside track on which choice subjects to pick next year while the full timers were full of excitement (and perhaps nervousness) for life post-MBA.

Having reached the milestone of completing first year, I am inspired by these 25 women to return to year two and set the bar even higher for myself to ensure I reach my full potential. Until then however, I am happy to take a well-earned break and enjoy the Irish heatwave for as long as it lasts.

Teresa Dillon, EMBA 2017/19

A Practice Run – Global Virtual Teams (GVT)

One of the main attractions of an MBA is leadership development. Within the first semester of the Smurfit MBA, we were presented with two challenges to develop our leadership skills. The first was an introduction to the Leadership Development Programme which is a yearlong, standalone program that develops student’s self-awareness, team skills and organisational leadership. The second challenge was the Leadership & Organisational Behaviour module which addressed the complexity of organisational structure.

In semester two, we will be challenged with a project where we work with students from around the world in a global virtual team (GVT). This project is part of the involvement with GNAM (Global Network for Advanced Management) and will partner with students from EGADE (Mexico), HEC(Paris) and Yale(US). The project will involve a simulation of a production line where cooperation and engagement from all team members is critical. This follows on from the learning in the Leadership & Organisational Behaviour module which included a trial GVT project.

The trial GVT project was designed to practice working in the unfamiliar situation of having remote team members who you had not interacted with before. The task was to analyse organisational issues within a case study, review related literature and provide a plan of action for the organisation. The submission format was not your typical MBA report or presentation, instead we had to create a video to provide our recommendations. One last curveball was that we were told not to meet in person.

The case study involved a character – Greg James, who had trouble managing his global team of 45 employees in the company Sun Microsystems. A sub optimal team performance had caused a recent problem for a customer and the organisation was starting to suffer. We identified GVT issues within Greg’s team as problems in communication, feelings of separation, feelings of unequal working conditions and lack of team spirit and camaraderie. I will omit our suggested solutions!

My trial GVT team included two full time MBA members, two mid-week EMBAs and one weekend EMBA. Some of our challenges included communication channels, finding meeting times to suit everyone, changing schedules, fluctuating engagement of team members, rapidly approaching deadlines and completely different personalities. We experimented with different IT solutions to facilitate remote meeting and work flow management. After many headaches, we settled on Google hangouts and Google Drive which gave us the most hassle-free work environments. We managed to scramble together an unpolished video and submit within the timeline . . . not our finest work but the learning is far more important.

Working in a global virtual team is never going to be straightforward, there are no perfect solutions and there will always be hurdles to overcome. I am looking forward to working with the GVT project next semester, the added variables of schools, locations, time zones and cultures will bring our skills to the next level. With the range of theory, challenges and experiences covered during the Smurfit MBA, we should be well positioned to excel in the increasingly global environment.

 

Eoin Carroll, Full Time MBA 2017-2018

The Importance of Teamwork

School facade wide banner

When I decided to put my music business on hold and to take a year out of life and return to college at UCD Michael Smurfit Graduate Business School, I don’t think anything could have prepared me for the raw intensity of what was to come. Even after 15 years of intense work in the Hollywood entertainment industry, MBA life often seems to be an exercise in survival training for business more than academic learning. Part of me feels that this is the point of it all. From the beginning, the high pressure environment has created a strong bond between the Full-Time MBA students. We realise that supporting each other is the cornerstone of our fast evolving class culture, and this family attitude increases the chance of us making it through the year relatively unscathed!

Teams, teams and more teams

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From the start, teamwork has been a huge part of our MBA experience. We work in assigned teams, in self-selected pairs, and as individuals. We also share ideas as a class on a regular basis. The thing about assigned teams, as you can well imagine, is that there’s no choosing who you get. At the start of Semester One, I think a lot of us collectively held our breath before meeting our teams after hearing all the rumors about teams being customized to create minor conflict to challenge us. I feel I have been very lucky. I have four teammates from different backgrounds, countries and cultures who support each other and have been there for each other every step of the way. It has been a great support to me personally.

I’ve actually been discovering a lot of hidden things about teamwork that will benefit me for many years to come. So many of us are being reminded that there is a lot more to it than simply having a meeting and then going our separate ways to work on tasks. For example:

  1. What are our individual and collective strengths?
  2. How can we learn from and with each other?
  3. How do we engage with each other?
  4. How can we align our goals or expectations?

Virtual Teamwork at Smurfit

Recently, we were hit with a new challenge – working in virtual teams across the various Executive MBA and Full-Time MBA classes. The task seemed simple: collaborate through virtual communication and make a video about the experience. In reality, it proved to be an engaging challenge. Trying to agree on simple things such as an online platform or when everyone is free is apparently harder to do with teammates you don’t know or see!

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We tested the virtual team experience in a “safe psychological environment” (a phrase heard a lot in our class) and had a lot of fun doing it. When two of us attended Global Network Week in Yale’s School of Management for example, we took the time to organise a Skype call from Yale with our teammates back in Ireland to give us an authentic international Global Virtual Team experience.

Our final video project revolved around interviews with fellow Global Network Week students and our own team discussing our experiences.

The MBA Leadership Development Programme

There is a growing awareness among many of us, that developing our ability to work with and lead a team of diverse individuals is a far more significant part of our growth as future business leaders than simply getting the top grade in an MBA exam. It’s proving to be an interesting psychological transition. The ego wants to be selfish and to focus on what is best for the self, yet we see time and time again that the collective delivers better decisions and outcomes.

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The Leadership Development Programme (LDP) focuses on the skills necessary to help us. It IS all worth it. This voyage of self-discovery feeds our emotional growth, and our capacity to be more productive both individually and collectively. At the end of the day, we unquestionably need to understand who we are, before we can lead others in the future. To help us understand our psychological preferences and our emotional strengths and weaknesses, we have done a barrage of personality tests such as an ESCI 360 Peer Review and a Myers-Briggs Type Indicator (MBTI) test based on C. Jung and I. Briggs Myers type theory.

Honestly, it sometimes feels like we are doing a new test every second week!

Moving Forward

So what is next for me? I think most of all, I simply look forward to continuing on this voyage of self discovery and enjoying the remainder of my MBA experience.

Ciaran Hope ~ Full-Time MBA