INSEAD Dean’s New Book Champions Global Leadership

To succeed in business today, CEOs can no longer hole up in their offices and expect the world to come to them, according to INSEAD Dean Frank Brown, whose most recent book, The Global Business Leader, was released in 2007. In an interview with the Economist earlier this month, Brown discussed the book, sharing practical advice for business leaders operating in an increasingly transcultural marketplace.

Organizations are no longer local, but instead operate across many countries and sell into many different economies, says Brown. “So, if you’re aspiring to leadership, the concept of building a career in one place is pretty much by the board,” he told the Economist. “You’ve really got to not just be aware of the other great places in the world, but be very familiar with them and have a perspective on what it means to operate there.”

As one of only two Americans and the first non-academic to serve as INSEAD dean, Brown broke tradition at the top European school when he was appointed in 2005. Prior to his appointment, he spent more than 25 years in international markets at PricewaterhouseCoopers, where he served as global leader for advisory services.

In his role at PWC, Brown learned – and practiced – many of the lessons he shares in his new book. In fact, in an article published by the Business and Advanced Technology Centre (BATC) in 2006, Brown credited his appointment as INSEAD dean to his international experience and international vision.

“I’ve lived in America all my life but I have spent the last 20 years travelling extensively in Europe and Japan doing mergers and acquisition transactions, developing businesses and helping to build a consulting business in China last year. INSEAD was looking for somebody with that kind of worldly perspective,” he told BATC.

According to Brown, the shift toward transcultural leadership has been underway since the 1980s, but several of the world’s most developed cultures have been among the slowest to embrace it. “America and Britain probably still lead the pack in terms of being more narrowly focused on their own environment as opposed to the world beyond,” he told the Economist.

Global leaders, says Brown, are those who view the world – not a single country – as their market. They also understand the value of communicating with cultural sensitivity, surrounding themselves with diverse leadership teams and gaining input from a range of different places when making important decisions, he says.

True to his real-world experience, Brown’s book is filled more with practical advice than academic theory. In his interview with the Economist he stressed above all else the importance of networking and relationship building. “Often I have met someone who is 30 or 35 years old and they ask me, ‘How do I build a network?’ My immediate answer is ‘You should have been doing it for the last 15 years,’” he said.

He hopes that young people, 18 or 20 years old, who read the book start developing their networks right away. “Building relationships is not something you do once you’re 40 and join the country club,” he cautions.

Being an effective communicator is also key to being a good leader, Brown told the Economist. “We all go to conferences and we all listen to speeches. Nine out of ten are absolutely boring – given by people who don’t make eye contact; who don’t modulate their voice; who don’t talk passionately enough; who read you slides,” he says. By being better prepared, knowing your audience and sticking to a timeline, these pitfalls are easy to avoid, he says, but too often, the importance of good communication is overlooked.

In many ways, the material in Brown’s new book seems to echo his vision for INSEAD as a school. In the BATC article published after his INSEAD appointment, he pointed to the school’s international focus – including its integrated campuses in Fontainebleau, France, and Singapore – and the development of a worldly business perspective among its students as its most distinguishing characteristics.

“A lot of students who come to INSEAD don’t apply anywhere else because they’re looking for international experience; they are looking for a place where you have to be multilingual when you walk in the door,” he told the BATC. “I’d also like to make leadership something that’s implicit in the INSEAD brand,” he added. “If you want to develop into a world leader, INSEAD is the place where you can do that with the very best of them.”

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Fridays From the Frontline

Welcome back to another issue of Fridays From the Frontline, our periodic table of the MBA elements, not to mention applicants!  With decisions rolling into the b-school blogosphere this week, there was no shortage of post-worthy news; between exams, recruiting and graduation, current students found plenty to write about, as well.  Let’s check it out…

First, we’d like to congratulate long-time blogger Bschool Diva, who after an extended wait, has to wait no longer to find out that she’s made it off the Chicago GSB’s waitlist and into their venerable class of 2010!  Similarly, Gltnforpnshmnt found that he’s in at Ross (and out of work – voluntarily, of course!)… our congrats to him as well!  A bit further along in the process, Achilles began making preparations for the time up to his matriculation at Stern, planning to squeeze in globetrotting, friend-and-relative-visiting and the dreaded clincher – visa stamping.  Mbabound08 is likewise entrenched in her pre-Kellogg plans, giving new meaning to the oft-repeated query “working hard or hardly working?!”  Meanwhile, Max got meta on the MBA, offering some GMAT tips while awaiting an INSEAD decision.

He’s not to be confused with first-year M@, who took a minute out from his Michigan Multidisciplinary Action Project to contemplate the remnants of apartheid that color his host country, South Africa.  Necromonger also ventured beyond appearances, sharing a painful truth about the GMAT: at least for those looking at consulting positions, this test may continue to influence your future prospects.  He also presented an INSEAD consulting recruitment manifesto that might nearly pass as a mid-term at some schools!  Remembering life “on the other side of the bridge,” Iday wrested some time to send well wishes to this year’s crop of R2 Chicago GSB applicants, just a few minutes (well, 39) before his next exam.

With his second year coming to a close, Ash finally hit the (relatively) big screen in a three-minute close-up on what he’s found to be the value of a U.S. education at Stanford GSB.  On the other hand, Fuqua student MJ enjoyed an 8-day refresher back in the Motherland, while in London, Angie got amped up for her summer International Finance course at LBS, as did her professor.  In Barcelona, Jacek graduated from ESADE and felt the pull of Poland, but is waiting to consider the entire eclectic and impressive mix of employment offers he’s attracting before deciding what’s next.  Next door (nationally speaking), Le blog hog weighed in on transformational experiences at INSEAD and their catalysts.

And that’s the news from our eager bloggers this week!  Don’t forget to join us again next Friday for your weekly dose of MBA medicine!

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Berkeley’s Haas School of Business to Host April Global MBA Leadership Conference

The 25th annual Graduate Business Conference, drawing student leaders from 40 of the world’s top MBA programs, will take place April 3rd through 5th at the Haas School of Business at the University of California at Berkeley.

The conference, which was founded at Columbia Business School in 1983, is organized by the Graduate Business Forum, an international group for MBA students. It is designed to provide students with valuable networking opportunities while showcasing best practices in student government.

The conference will also expose students to experts in the field of leadership. This year’s keynote speakers are Chip Conley, president and CEO of boutique hotelier Jolie de Vivre Hospitality; best-selling author and management coach Marshall Goldsmith; and Richard Lyons, chief learning office for Goldman Sachs. Lyons also served as the former acting dean of the Haas School and its former Sylvan Coleman Professor of Finance.

In addition to the above keynote addresses, the conference will also feature panel discussions focused on doing business in China and global energy trends.

“Haas, as a top school, should be offering its thoughts on leadership,” says Clifford Dank, MBA ’08. Dank, who is president of the Haas School MBA Association, also serves as the current chairman of the Graduate Business Forum, making him responsible for coordinating the organization’s conference at Haas.
Haas has hosted the conference once before, in 1996.

Click here to learn more about the 2008 Global MBA Leadership Conference or here to register.

 

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Admissions Tip: Dealing with a Ding

With decisions from Haas and Tuck released this week and R2 decisions for many programs due out next week, the spring notification season will soon be coming to a close. While we would like to hope that today’s topic isn’t apropos for too many of our readers, we wanted to offer some advice to applicants who’ve been rejected from their preferred programs and are planning on reapplying next season. While it’s important to take some time to deal with the disappointment, it’s never too early to begin thinking about the next season, and there are a number of steps you can take to improve your candidacy and move toward a stronger application.

1) Reevaluate. While it’s certainly difficult when things don’t go to plan, this is actually a great chance to take stock of your career and goals, and make sure that an MBA is still a logical and necessary step at this point. It’s this sort of reflection that can lead to refined career goals and a clearer sense of the reasons you need a business education.

2) Revisit Your Applications. Once you’ve gained some distance from the emotional and time-consuming application process, it’s wise to review the materials you submitted to the schools with a critical eye. Having learned much about the process simply by applying, it’s likely that you’ll be able to identify a number of things that you could have done better. Whether you suspect your downfall was something like a strategic misstep in an essay or interview, or a more glaring weakness like a low GMAT or lack of extracurricular involvement, there is plenty of time to address your shortcomings before submitting an application next year.

3) Consider your Data points. Your results this year may reflect some valuable information about your competitiveness at a top program. It’s important that you only apply to schools that you would be happy attending, but if you were unsuccessful at all of the programs to which you applied, it might be time to think about how realistic your list of target schools was and to add a few more to the mix. This is especially true for applicants who only applied to one or two programs this time around; there is an element of randomness and luck in the admissions process and no matter how qualified the applicant, we recommend that a candidate target 4-6 programs to have a strong chance of success.

4) Schedule a Feedback Session, if applicable. While it’s possible that you’ve identified your weaknesses in retrospect or even were aware of them when you went into the process, if you’ve been denied by a school that offers feedback to applicants and are planning on reapplying, you should absolutely take advantage of this opportunity to learn of the adcom’s perspective and demonstrate your commitment to the program. In fact, reapplying without seeking feedback when offered can raise questions for the adcom concerning how seriously an applicant is taking the process and the school. Of course, some schools do not offer feedback to anyone and others, such as Tuck, selectively offer feedback only to particularly promising candidates. There is naturally high demand for this service at programs that provide slots on a first come, first served basis, so it’s important that you make a point of requesting a feedback session at the earliest possible time.

Of course, the adcom can only be so candid, and it’s important to seek out feedback from other objective and knowledgeable sources. Send an email to info@clearadmit.com for more information about our tailored application feedback and reapplicant advice.

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London Business School, Goldman Sachs Announce New MBA Scholarship

The London Business School, in partnership with global investment firm Goldman Sachs, last week announced a new scholarship for full-time MBA students.

Established as part of an effort to highlight Goldman Sachs’ commitment to diversity, the first Goldman Sachs International Scholarship, in the amount of £20,000, will be award to a deserving international student starting the MBA program in autumn 2008. Scholarships will be awarded based on an assessment of candidates’ financial need and academic merit.

“Goldman Sachs is delighted to be working with London Business School to launch a new scholarship award,” said a Goldman spokesperson in a statement about the new award. “We hope the Goldman Sachs Scholarship will strengthen our global reach and continue to demonstrate our commitment to diversity.”

Candidates do not necessarily have to demonstrate a particular interest in Goldman Sachs or the financial services industry to be eligible for the award, although recipients may benefit from mentoring opportunities within the investment firm.
Details on how to apply for this new scholarship will be made available to candidates once they have received an offer of a place in the MBA program.

For more information about this and other scholarships available to London Business School students, click here.

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Wiki Wednesdays: Last Chance to Win an iTunes Gift Card!

Welcome to another edition of Wiki Wednesdays, where we take a tour of the newest reports in the Clear Admit Wiki, a user-generated resource of applicants’ first hand experiences with the MBA admissions process. Before highlighting some of the latest additions to the Clear Admit Wiki, however, we’d like to remind all MBA applicants who have been interviewed this season that we’ve extended our iTunes gift card contest through this Friday, March 21st!

Between now and this Friday, we’ll be awarding a $10 iTunes gift certificate to the first 10 applicants who contribute interview reports to MIT/Sloan, LBS or Stanford GSB. We’ll also be awarding a $15 iTunes gift certificate to every fifth applicant who contributes any interview field report content to the Wiki through this Friday, March 21st. (Note: if iTunes isn’t your thing, we are happy to substitute the prize with an Amazon.com gift certificate). To be eligible for a prize, simply send your contribution to wiki@clearadmit.com; we’ll post it to the Wiki and notify the winners by e-mail (one gift card limit per person).

Now, let’s take a look at what our most recent contributors had to share…

One applicant shared a set of questions from a ‘blind’ interview (where the interviewer only had access to the applicant’s resume), from a Chicago GSB associate director of admissions. A few of the questions included:

  1. What are you most proud of?
  2. What is the biggest challenge you faced at work?
  3. What is the biggest challenge you think you will face at the GSB?
  4. How will you contribute to and engage in the GSB community?

A Super Saturday participant from Berkeley/Haas recounted his interview experience with a first-year student. This interview was also blind and the following are just a few questions from the 45 minute interview:

  1. [Identify a] challenging interaction with a team member
  2. If we were in a project group for a class together next spring, how would [you] contribute?
  3. How do you get team members to “break free” of specific silos of responsibility?

In Ithaca, a recent Cornell/Johnson applicant reported the following queries:

  1. Why aren’t you applying to X double-degree program if you are interested in X field?
  2. What are the similarities/differences of the schools to which you applied?

When facing such questions about a school’s program, details can often make the difference. With a thorough knowledge of a school’s offerings (as can be found in the Clear Admit School Guides and by thoroughly researching a school’s website or speaking with current students), one can prepare a sound case. The Clear Admit Interview Guides also offer extra interview advice.

Thanks for tuning into this week’s Wiki Wednesdays! Don’t forget to e-mail your MBA admissions experiences to wiki@clearadmit.com this week for your last chance to win an iTunes gift card! Thanks in advance for your contributions!

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Clear Admit Visits Harvard to Advise College Students on the New 2+2 Program

Last week, Clear Admit’s own Eliot Ingram visited Harvard University as part of an event hosted by an undergraduate student group interested in learning more about the MBA admissions process. The event was a follow up to a recent presentation by Harvard Business School (HBS) to the college student group about the new HBS 2+2 deferred admissions program, in which college juniors can apply to secure a spot in the HBS class after graduating from college and completing two years’ of approved work experience.

The event, which took place on Thursday evening, March 14th, was hosted by Aspiring Minority Business Leaders and Entrepreneurs (AMBLE), a group at Harvard University for college students interested in business careers.

The AMBLE event consisted of two parts. In the first half, students heard from a four-person panel discussion featuring two current students at Harvard Business School and two seniors at Harvard College who recently have been admitted to HBS. The second half of the event featured a presentation by Eliot Ingram on the MBA admissions process in general and the new HBS 2+2 program in particular.

In essence, the new Harvard 2+2 program allows HBS to expand its pool of qualified applicants by raising its visibility with college students who might otherwise opt for careers in fields such as law, public policy or science. The 2+2 program, which will accept its first applications this summer, allows HBS to select the best and brightest college seniors while still encouraging those students to go out and get the workplace experience that many professors and other students believe enriches the MBA classroom environment before entering HBS.

To be sure, HBS does and will continue to admit some college students who intend to enter the MBA class directly out of school. But for other students, the 2+2 program, with its built-in work experience component, may prove a better option.

In his presentation, Ingram helped demystify the MBA application process, devoting particular attention to the new HBS 2+2 program, its eligibility requirements and which type of students most stand to benefit from it. “I was honored to have the chance to go to Harvard and give a lecture on admissions strategies for top business schools, particularly HBS. I also enjoyed answering their questions about the HBS 2+2 program,” Ingram said. “It’s always great to visit the campus and to have a chance to talk to current college students as well as hear from students who are currently enrolled at HBS,” he continued.

Members of AMBLE thanked Ingram for his participation in the event, noting that student feedback was positive. “There were good comments that went out over the email lists from people who attended,” wrote Adora Mora, AMBLE vice president of entrepreneurship and technology, in a follow-up correspondence. AMBLE will contact Clear Admit for participation in similar events in the future, Mora added.

To read more about the Harvard 2+2 program, click here.

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Trivia Tuesday: MIT Sloan's First Year Class

In this week’s installment of Trivia Tuesday, we turn our focus to MIT Sloan and the structure of its first-year class, examining how the school creates first-year teams and how these teams impact students’ experiences.

Each class of 300 or so first-year students is divided into six smaller groups, called cohorts or “oceans” (Atlantic, Baltic, Caribbean, Indian, Mediterranean and Pacific), which help to give shape to the core curriculum experience. Oceans, comprised of approximately 55-60 students each, take all seven of their core courses together, thereby getting to know each other quite well in the academic environment. As a result of their shared academic experience, students within each cohort tend to spend time together outside of the classroom as well, often forming close-knit social groups.

Within each cohort, Sloan assigns all first-years to small groups of 5-6 students each. These groups work together throughout the core semester to complete homework assignments, prepare projects and study for exams. Students report that teammates are usually drawn from across the professional spectrum and from around the world, mirroring the diversity of teams in the global workforce.

Sloan says that the process of separating students into cohorts and teams is both an art and a science. An automated process conducts the first division, “mixing and sorting” students into cohorts and teams. The MBA Student Affairs Office then personalizes the process by refining groups with an eye to diversity of race, gender, nationality, professional background and other characteristics.

Although students are not obligated to work with their assigned teams once the core semester is complete, they do continue group work throughout their time at Sloan. The school reports that most elective classes involve teamwork, with group selection usually left up to the students. Because students will likely work with different groups in each course, scheduling meeting times can be challenging, but Sloan administrators hope that by working with groups of varying compositions on numerous projects, students will be better prepared for the kind of collaboration required in professional situations.

For more information on the first year at MIT Sloan or other leading business schools, be sure to check out the schools’ websites or the Academics section of the Clear Admit School Guides!

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Ethics Among Admissions Counselors: AIGAC Leads the Way

In an article last week, Inside Higher Ed drew attention to the Association of International Graduate Admissions Consultants (AIGAC) and its ethics code, which bans admissions counselors from “double dipping,” that is, working both as a private consultant to applicants and as part of the staff of a college or university’s admissions office. 

Though the conflict of interest inherent in such a situation may appear obvious, AIGAC was the first group to formally address it among its members, well in advance of the story that brought it to the headlines earlier this year. (In early February, Inside Higher Ed reported that counselors from three U.S. schools had agreed to serve on the board of a Japanese admissions consulting firm whose clients included applicants to their own schools.)

Clear Admit, which helped to found AIGAC in cooperation with other business school admissions counselors, reiterates its support of this code of ethics. Among other provisions, the code calls for its members to “maintain independence of thought and action,” which we interpret to mean that if you work as a private counselor you may not also work for a college or university. (To read the AIGAC code of ethics in its entirety, click here.)

According to Inside Higher Ed, other groups are following AIGAC’s lead. Partly in response to the conflict of interest story in February, the National Association of College Admissions Counselors (NACAC) last week established a special working group to examine whether tougher standards on conflicts of interest are needed for the field.

Another group, the Independent Educational Counselors Association (IECA), calls for public disclosure of “multiple relationships” – situations in which counselors serve both applicants and institutions – but does not expressly ban them. IECA’s Principles of Good Practice states that “multiple relationships may relate or appear to create a conflict of interest” and that members should seek to avoid such conflict. But dual relationships, under the existing principles, can still exist.

This, too, may change, though. IECA Executive Director Mark Sklarow told Inside Higher Ed that his group is also considering revising its ethics code, in part because of the February conflict of interest story at Penn’s Wharton School and elsewhere, and also because more of its members have begun to focus on MBA admissions recently. According to Sklarow, IECA may decide that graduate and professional admissions require tighter ethics rules than undergraduate admissions, where there are thousands of possible colleges and conflicts of interest are more diluted.

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Cornell / Johnson Interview Guide Now Available!

Just a quick note to alert out readers that the Johnson School Interview Guide, the latest addition to the expanding list of Clear Admit Publications, is now available for purchase from the Clear Admit shop!

Best of luck to applicants with interviews at Cornell in the coming weeks! Keep an eye on this blog for more Clear Admit Guide announcements as we round out the Interview Guide catalog for the season.

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Campus Chronicles: Michigan/Ross and Wharton

As spring approaches, graduate business schools are full of news and high spirits.

At Ross, the Monroe Street Journal reports on several important community development and outreach programs that have been busy during this school year. To start, the William Davidson Institute announced a new partnership with The Goldman Sachs Group, Inc. to bring business education to underserved women in Rwanda. Part of Goldman’s 10,000 Women initiative, the program will provide business educations to 10,000 women from developing and emerging markets. The Goldman Sachs partnership will allow the William Davidson Institute to expand the work they are already doing to turn the School of Finance and Banking (SFB) in Kigali, Rwanda, into a regional center of excellence in business education.

Closer to home for Ross students, the Michigan Ross School of Business Enriching Academics in Collaboration with High Schools.  The Ross program teamed up with the Huron Consulting Group to introduce 35 eleventh grade students from the metro Detroit area to the consulting industry. Participating students came to Ross for a series of action-based learning experiences that introduced them to basic business theories and careers. The program proves that it is never too early to begin a business education!

Meanwhile, the Wharton Journal reports that high spirits came in second place as the Wharton Wildebeests trekked across the pond to London Business School’s annual rugby tournament. Business schools from five countries converged in London to duke it out for title to the biggest tournament prior to the World Championships (to be held this April at Duke). Though previously undefeated, the Beests fell just short and ended up taking second place to the LBS home team.

Last week, the Wharton Entrepreneurship Club sponsored its first ever “Do It Yourself” Week designed to provide entrepreneurially-minded students with a chance to explore the practical aspects of starting their own ventures. Five unique panels helped inform prospective entrepreneurs about the steps needed to move from ideas to action. Spanning a variety of topics, including building a website, fundraising and product prototyping, panels were composed of an impressive collection of 15 MBA entrepreneurs. The panelists included recipients of venture funding from Sequoia Capital and Kleiner Perkins, as well as founders of a magazine, a wetsuit company, and Internet marketplaces for advertising development and entertainment product placement.

Panelists discussed the practical side of entrepreneurship, such as the value of getting products into the hands of customers as quickly as possible, as well as several marketing ploys the students used to garner new business. The Entrepreneurship Club is hoping that this standing room only event will be the beginning of a long tradition – the club is already planning for next year’s event!

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Double-Digit Growth in GMAT Testing Volume Continues

The Graduate Management Admissions Council, which owns the GMAT exam, has released its February 2008 test registration and volume figures, and they reflect continued growth both in the United States and worldwide, with international growth especially high.

Worldwide, the number of people who registered to take the GMAT exam between the first of the year and February 29, 2008, was 47,592, an 11.82 percent increase over the number of registrations recorded during the same period in 2007.

Registration volume growth was most pronounced outside the United States, where it grew 24.22 percent, jumping from 14,316 registrants in the first two months of 2007 to 17,783 in the same period this year. Growth within the U.S. was more measured, but still steady at 5.53 percent – with year-to-date U.S. registrants totaling 29,809.

Tests Taken Rise, Too
The number of GMAT exams taken likewise grew both within the U.S. and internationally. (Note: GMAT tracks the number of tests, not the number of test takers. In a given year, more than a fifth of GMAT exams are taken by people who have tested more than once that year. Test takers can take the GMAT exam up to five times in a 12-month period.)

The number of GMAT tests taken worldwide through February 29, 2008, was 38,183, a 12.33 percent increase over the same period in 2007. Within the U.S., the number of tests taken during the first two months of the calendar year increased 7.08 percent over 2007. Internationally, the number of GMAT tests taken grew by 21.92 percent in that time.

In all categories – test registration and test volume within the U.S., internationally and worldwide – the rate of growth for the first two months of 2008 exceeded all comparable figures for all other years studied.

As GMAT registration and test taking volume continues to climb, doing your very best on the exam grows ever more important. Don’t miss our recent series of GMAT test taking tips, provided courtesy of our partners at ManhattanGMAT. Best of luck!

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Fridays From the Frontline

Welcome back for another installation of Fridays From the Frontline, where we offer you the weekly gist of the MBA journey, through the eyes of the business school blogging community!  Without further ado, let’s check in with our applicant and student voyagers, the weary, the wise and the worldly…

Agent-C rejoined us this week, just back from a 6-month military tour in the Middle East.  Admitting the MBA application process has embroiled him in a “period of self doubt unlike any other,” he offers anxious applicants everywhere the consolation that even the brave have b-school angstMy MBA Dream also logged back in after a blogging hiatus, giving us the low down on his Columbia, Tuck and Darden applications, and sending out a plea for help decoding the online status change he noted in the latter.  Yet another blogger-returned-from-a-break was Achilles, who reported he’s finally sent in his Stern deposit and officially joined their class of 2010.  And finally for our applicants, we’d like to tell Miss Curly Bee, a blogger who doesn’t do breaks, that she’s very welcome – she thanked us for the $15 iTunes gift card we awarded her, as we do every fifth person who posts their interview experience on the Clear Admit wiki.  What’s more, using other posters’ interview accounts, she was able to charge into her Harvard interview well prepared.

However, it’s debatable how well prepared first-year Anand was for his upcoming exams – he summed up his “Darden exam prep dilemma” in a handy flow chart, a worthy procrastination tool in its own right!  Across the Atlantic, Necromonger, who’s just about settled into his new home at INSEAD Fountainbleu, extolled his French environs, which he notes do not confirm any commonly held stereotypes about France or the French!  Back in Chicago, MaybeMBA reminded us that city living has it’s pros and cons while GSBsutras was busy balancing the part-time Chicago MBA across town.

As for the second-years, Jacek modestly introduced a clip of his band rehearsing for their anticipated concert at a Barcelona club, in commemoration of the close of their days at ESADE, while La Laudiaria ventured away from her traditional Follies fare to discuss some of her other engagements at Wharton, including her ambitious thesis and semi-finalist spot in the Wharton Business Plan Competition.  In the same vein, Columbia’s John plugged the international 2008 MBA Jungle Business Plan Challenge.

That about does it for our weekly report!  Have a freaky Friday and a wonderful weekend, and don’t forget to join us again next week for the latest and greatest news from FFF!

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Stanford Graduate School of Business Launches New Women’s Executive Leadership Program

This May, the Stanford Graduate School of Business will offer its first-ever executive education leadership program created exclusively for women. The five-day program, which will be held from May 12th through 16th, will focus on strategies and skills designed to help women shape their careers while maximizing both professional and personal goals. The deadline to apply is March 31, 2008.

“Women often struggle with how to develop their own leadership styles and how to enhance their status within an organization,” said Margaret Neale, faculty director of the new program and a professor of organizations and dispute resolution at the business school. “To reach the highest levels of management, it is essential for women to recognize, understand and transform common business challenges into career-building opportunities.”

The new program will combine lectures, interactive exercises and leadership diagnostics focused on developing interpersonal and organizational skills while examining the unique challenges that women face in organizations and providing strategies for overcoming them. One session, “Influencing Without Authority,” will take a close look at the importance of influencing small groups. Another, “Creating Value,” will introduce negotiation strategies and concepts through hands-on exercises.

The program targets women who are in supervisory roles as well as those who have been identified by their organizations as having leadership potential. Small business owners and entrepreneurs also are expected to benefit from the course.

Professor Deborah Gruenfeld, a social psychologist and professor of leadership and organizational behavior at Stanford, will serve as the program’s second faculty advisor. Her current research examines the psychological consequences of attaining power. Other faculty participants include Jennifer Aaker, professor of marketing; Francis Flynn, associate professor of organizational behavior; and Larissa Tiedens, professor of organizational behavior.

In addition to the aforementioned sessions, the program also will include exercises focused on increasing team effectiveness, sharpening powers of persuasion and maximizing social networks and influence.

Of course, it all comes at a cost… Program tuition is $8,700, which includes accommodations in the Schwab Residential Center, located a short walk from the Graduate Business School, where the program will be held.

For enrollment information, contact Luz Deras, associate director of programs for the Office of Executive Education, at 650-724-6301, or call toll-free at (866) 542-2205 (US and Canada only), or email deras_luz@gsb.stanford.edu

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