Posts Tagged ‘MBA’

Seven interns, many projects

Tuesday, June 15th, 2010

Today I am going to give you a brief glimpse into an exciting summer-long initiative.  I have hired seven of our rising second-year MBA students as summer interns.  We had a great group of students apply and, while we originally thought we might hire two to four, we ended up hiring seven. We have eight important projects for them, including examining best practices in career services, the use of the internet and social networking sites in marketing, and our relationship with our alumni.

It is our plan to have many of our alumni engaged in this initiative.

The first half of the summer will focus on gathering information; the second half will focus on analyzing information and coming up with detailed, implementable action plans for each project.

In our career services initiative, students will not only look at best practices—seeking golden nuggets from other schools, they will also research, talk about, and think about how we can align our career services program with the experience of our MBA, Master of Accounting and undergraduate students.

I am deeply involved in the alumni engagement initiative.  We are not only looking at best practices, we are bringing a blank piece of paper to the effort, incorporating your thoughts, and starting anew.

Another project focuses on our marketing efforts, including web and social networking site messaging and presence.  We have great stories to tell and we are looking for uniquely effective ways to tell them.

“Merchandising Mason” is a project suggested by our students.  It will focus on providing more than the standard clothing and accessory fodder you can find at bookstores and campus shops. We are aiming for something that is uniquely us and that captures our revolutionary approach to business education.

We are also looking at all of the databases and software we have available in the business school and examining how we can use them to help students gain access to both job opportunities and alumni.  I will be updating you over the course of the summer.  It suffices to say that I have high expectations for these efforts and am delighted with the enthusiastic engagement of the interns.

The interns are engaging team members across the Mason School and Tom Rideout will help with the day-to-day operations of the project.  Many of you will be hearing from these teams as they gather information over the first part of the summer.   We look forward to sharing the rollout of these plans and following up with you on our successful implementation activities over the coming academic year.

Please stay tuned or, better yet,  join the conversation!

Why is he smiling?

Tuesday, April 14th, 2009

Yesterday afternoon was great.  The main reason is that I got to observe while a team of graduating MBAs presented a not-for-profit healthcare organization with a comprehensive five-year plan for “greening” the system’s operations.  And based on the reaction of the client, they knocked it out of the park.

The project was part of our Field Consultancy program, in which teams of second-year students tackle strategic consulting assignments for paying clients (the current fee is $15,000, plus approved expenses). Each team is supported by a faculty member and two Executive Partners, but their role is strictly advisory. The students own the project.

Yesterday’s presentation and supporting written report were the culmination of nearly 6 months of hard work on a very real challenge that turned out to be far bigger than simply energy management. The team needed to develop a comprehensive roadmap for change in a complex, decentralized organization.   Their recommendations really challenged the client and generated a lot of discussion… and also a lot of agreement and praise.  I expect the proposal will end up on the CEO’s desk.

Projects like this can be the best experience of a student’s two years here, or one of the most miserable. What made this one so good? I think there are four factors, and if they all line up, the result can be magical:

  1. A great problem: one that is integrative, strategic, and meaningful. This project required the students to draw on tools they’d developed from such diverse disciplines as managerial accounting, operations, finance, organizational behavior, marketing, and management communications. If their plan is adopted, it will impact the system for years to come. It will facilitate meaningful, substantive change in the way the organization manages energy… and works across the various facilities in the system.
  2. An engaged client with real skin in the game. The greening project has CEO attention, and the principal contacts from the healthcare system really partnered with the students to ensure that they were able to get information and access.
  3. Great Executive Partner support. Great advisors engage, listen, respond and challenge, but don’t mistake themselves for a team member, or worse, the team leader. 
  4. A great team. One of the EPs commented after the presentation that he had never seen any egos emerge. Everyone seemed to embrace the project, and their own share of the heavy lifting.  The end result was a unified and impactful plan.

For me personally, yesterday was a real affirmation of the “product” we are putting out at the Mason School of Business. These folks are ready to go out and make real contributions to the organizations they work in. 

I get to see another Field Consultancy presentation next week.   Another great project, great client, great Executive Partner support, and great team.  And I’m anticipating another magical experience!

Jim Olver