Posts Tagged ‘MBA’

Career Advise – Listen to the Wisdom of the Linkedin Crowd – Big Data and Hr

January 17, 2013

Who is more likely to become the next CEO in a company – the CFO, the COO or the CIO ?

Well, ask the Linkedin crowd. There are now more than 200 Million Profiles on Linkedin and even most of the Senior Executives of the Fortune 500 companies have setup their profile. Now is the time to use the wisdom of the Linkedin crowd and start planning your career.

Of the current CEOs on Linkedin:
No.1: 110 000 have been the CIO in the past
No.2: 46 100 were the CFO in the past and
No.3: 37 400 had the COO Role in the past.

Well, guess what you might want to consider studying before going for your MBA or EMBA ?

Lately there has been a lot of research on crowd wisdom or swarm intelligence.
And it is a key source for great insights and forecasts. Just lately the swarm intelligence research of Peter Gloor MIT helped to predict correctly the outcome of the US presidential election in 2012.

The Linkedin Crowd will also tell you what university or business school to choose if you aspire to be the next CIO, CFO or COO….

What else would you like to ask the Linkedin Crowd ? Leave a comment and I will ask the Linkedin crowd for the answer…

List of Developmental Assignments 2.0

January 29, 2008

Developmental Assignments 2.0 

This is one of my favorite topic in development. Seminars, books, self study are not as effective as doing it, trying it out, putting it into action. Developmental assignments are the best way to leverage your development. 

There are plenty of possibilities to choose a developmental assignment for inside or outside of your job or while you are in between jobs. This book lists quite a number of assignments: McCauley, C., Developmental Assignment, ISBN: 1-882197-91-7 

Nowadays a lot of great assignments can be found on the internet. My intention is to collect them here. In order to better group these assignments I have chosen to list them against the MBA Core Curricula’s. I think this offer as good way to identify an assignments that would develop you further in the respective area.Another way to list assignments is against global competencies. Whilst this is an interesting way to structure development assignments yet these competencies vary from company to company.I took this MBA Core Curricula’s from the book “What the best MBAs know”, Edited by Peter Navarro, McGraw Hill 2005, Page 7

I would be happy to receive any suggestions around assignments in the commentary box. Thank you very much for your support in advance.

The list will be continuously updated. 

1. The Strategic and Tactical MBA
1.1 Management Strategy
1) An Archive of successful and failed business plans. (Business Plan Archive)
2) Vote on the best business plan. Get an eye for the winning plan. Another contest where one can vote.
3) Evaluate Business Models or submit your own. Click here to go to the site Ideawicket.
4) Web 2.0: “The next step is to start a planning process with a comprehensive map of your innovation ecosystem that positions your value creation and assesses the interdependencies that will determine the flow of benefits and your ability to capture a share of them. this is not a traditional competitive landscape or value-chain analysis but an analysis of the participants creating knowledge pertinent to your existing and future buiness. While this includes business partners and competitiors, it extends to academia, public research institutes, think tanks, creative communities or communities of practice, and contract research organizations. The map needs to be global and cover all relevant disciplines that intersect with your strategy.”Tapscott,Don; Williams Anthony D.: Wikinomics, Atlantic Books, 2007, Page 277 f.

1.2 Macroeconomics
1) Manage a virtual fund on Marketocracy. More about Maretocracy in wikipedia.It has several benefits to run a fund or participate in a club. It let’s you wear an investor’s head for some time and you need to take the macroeconomical situation into account. This is an interesting assignment for future leaders who will be involved in investor relations or who are going to run a business. 

2. The MBA Toolbox
2.1. Quantative Analysis (Statistics, Decision Analysis, and Modeling) 

2.2 Managerial Economics 

3. The Functional MBA
3.1 Operations Management 
3.2 Marketing
3.2.1 Public Relations
1) Be an editor on the community Digg. More about Digg in wikipedia. An opportunity to see what news in a democratic editorial environment makes it to the top.
2) A longer term assignment is to create your own blog and attract readers to your blog. 3) Colloborative Product Development and Design. CrowdSpirit.
4) A Rapid Prototyping Platform. Create an idea and sell it. Ponoko

3.3 Financial Accounting 

3.4 Managerial Accounting 

3.5 Corporate Finance 

3.6 Information Technology
1) Participate in a crowdsourcing project. Cambrian House. This one is IT related. 
2) Create a mashup. Paul Rademacher (Picture) created the mashup housingmaps. This got him later a job with Google.

4. The Organizational and Leadership MBA
4.1 Organizational Behavior and Leadership
1) Build your own community. Ning is platform where you can create your own social network. More about Ning in wikipedia.
2) Online Brainstorming. Brainreactions.
3)  Participate in a crowdsourcing project where you take the lead or support the leader. 

4.2 Human Resources Management
4.2.1 Learning & Development
1) Deliver Online Training. If there are no opportunities at your current company the option is to teach via the online learning community WiZiQ. You will also need to understand the technology in order to deliver your training. It prepares you to deliver your message to virtual teams and or give virtual presentations or trainings.
2) Career Planning or Planning your Development. The first step is self assessment.Here you find links to free Self-Assessment tools. (for example Myers-Briggs Personality type test) 
3) Leadership Development: “The starting point for any mager is personal use of the new collaborative technologies, preferably in conjunction with a Net Generation youngster. Ask your college student son or daughter to show you Facebook. Join MySpace. Edit a page in Wikipedia. Create a video clip for YouTube. Get a taste for how these open communities work.” Tapscott,Don; Williams Anthony D.: Wikinomics, Atlantic Books, 2007, Page 277.

5. The Political and Regulatory MBA
5.1 Business and Government 

5.2 Corporate Ethics Still verifying:

Second Life. This online game offers interesting opportunities to develop a number of the areas. One could be marketing, but I have not yet looked at it.

I looking for to list other successful collaborative assignments/projects here:
1) www.katarinalist.net is one of my favourite examples. Tapscott,Don; Williams Anthony D.: Wikinomics, Atlantic Books, 2007, Page 185 ff.

Eight Best Practices For Your Employability

January 14, 2008

Employability is the capability to stay employed or finding a new employement.

Your Experiences, Knowledge, Skills, Behaviours and Attitudes will influence your employability.

What are the Best Practices to maintain your employability as you go through your life ?
1. Employability is a Continuous Excercise
Employability is similar to staying fit. You need to excercise continuously. Too often I see people stopping this excercise as they grow in their career or reach a certain age. Yes it is an effort and it is the same as with excercising. Every time you need to overcome your inner resistance.

2. Experience matters – Overreliance on Titles and Certificates
Continuously look for challenges inside and outside of work, during your time of job search or while you study or even when you are retired.
Experience matters most. It is a powerful statement about yourself if you can say that you did this and such thing and had this and such successful outcome or this and such lessons learned.
Example: Someone would work in R&D and in his or her spare time would start a blog. How powerful would it be if this person could say at one point that by using marketing techniques she or he was able to increase the number of readers. This will show that this person demonstrated capabilities outside of his or her domain of expertise.

3. Use the Power of Developmental Assignments – stop looking for the easy way
A lot of research has been done on development assignments. These assignments are key when increasing your employability. By planning these activities well you can broaden your experience base across functions and businesses and demonstrate capabilities that are currently not fully utilized in your current development path.
I recommend you to read the book:
McCauly, Cynthia D.: Developmental Assignments – Creating Learning Expriences without Changing Jobs, Center for Creative Leadership, Greensboro, North Carolina

4. Web2.0 – don’t miss it
Get yourself an insight in Web2.0 and what it can do for your area of expertise. Example: I myself as I am in Human Resources Development monitor regularly what Web2.0 could potentially change in the domain of Employee Development.

5. Networking face to face
The older you get the more you should put away time for networking. Toastmasters is for example an ideal place for networking and you improve your leadership and presentations skills at the same time

6. Social Networking via Web
Create yourself a compelling presence in Linkedin, Xing or Facebook. Additionally use your blog to list your experiences and successes and participate in relevant user forums and discussion groups.

7. Improve Your Communication Skills
Never give up on improving your communication skills. Besides Presentation Skills (toastmasters for example) take a negotiation skills training, join a debate club or particpate in politics. Read up on Listening Skills, writing skills or anything else you find on communication skills in the web. Communication is the same as learning a language. You need to practice continuously. If you do not practice your skill level same like with languages will eventually decrease over time.

8. Business Skills 
Any organisation profit or non-profit is a complex system with many processes in place.
The more you have an overview of an organisation the more your learn about organisations the more easier you can navigate your development path.
I recommend you to read the book to get you a good up to date overview:
Navarro, Peter: What the Best MBAs Know, McGraw-Hill, 2005 or visit
www.peternavarro.com


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