More on IMD’s Strategic Leadership for Women Program

July 2nd, 2008 by JoshD

Issues of gender are discussed during the studies in relation to the experience of women in the workforce; notably, the differing role of networks for men and women has been an interesting topic of discussion in the program. They found that women tend to network more naturally across organizations and to have stronger contacts within their group of peers.  Men, on the other hand, build stronger networks upward, which leads to better opportunities to promotion.  Women, therefore, are at a noticeable disadvantage in terms of networking upwards within their organizations.

 

Another instance of behavioral differences between men and women that Buchel discusses happens during the job application process.  When looking at a job description, women tend to become discouraged by the requirements they feel they are not qualified for, usually opting not to apply at all. However, men on average who are faced with the same situation tend to apply anyway, with a more optimistic and less hesitant attitude.  These discussions of behavioral trends help the women to recognize their own tendencies and disadvantages, allowing them to be conscious of and improve in these areas.

 

When asked why Europe has lagged behind the US in terms of business programs for women, Buchel states that the issue of women in management hasn’t been on the forefront of corporate attention in Europe.  The scarce number of women in executive positions has limited the viable market for such programs.  However, these programs have been picking up more and more in Europe, especially since Scandinavian countries have begun to have much stronger female participation in management.  Female representation on the political front, such as Germany’s Chancellor, Angela Merkel, has also pushed the agenda of female leadership on the forefront in Europe.  The establishment of programs such as Buchel’s has certainly created a unique example of how we can both recognize and promote the leadership of women in the workforce.

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Snapshot of IMD’s Strategic Leadership for Women Program

June 23rd, 2008 by JoshD

In a recent interview with BusinessWeek, Bettina Buchel, director of IMD’s Strategic Leadership for Women program, discusses the experience of women in the executive management work force.  IMD (International Institute for Management and Development), a global business school based in Lausanne, Switzerland, was the first business school in Europe to establish an executive education program geared specifically towards women. The program is part of IMD’s Open Enrollment program. It typically lasts for 4 days. The same program runs twice a year.

 Buchel began the Strategic Leadership for Women program six years ago in 2002 to create an opportunity for women to explore different styles of leadership.  The program focuses on two main areas: leadership and strategy implementation.  It offers a unique environment for women to exchange experiences on situations within the workplace and learn how to promote themselves, all within a setting where they are not self-conscious of being the minority.  300 women have gone through the program, ranging from women in senior positions to women in their first five to ten years out of university.  Buchel emphasizes the importance of this emerging issue of women in management, stating that of the Fortune 1000 companies, less than 50% have women representation in their top management teams.

What kinds of changes do these women implement in the workplace? Women who come out of this program become much more conscious about networking, having been shown a visual representation of how they network. They make efforts and adjustments at improving their upward networking and are also encouraged to come up with new responses to difficult situations in the workplace, having shared accounts of such experiences with each other during the course of the program.

The demand for such programs is heightening in Europe, with new programs being established in different cities, including London. Buchel also directs a program called Orchestrating Winning Performance, which has included more women and has been creating more activities geared towards women.  Although women make up about 10% of traditional programs such as this one, the growing number of participating women is an important indicator of a shift in the agenda of women in management.

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More on MIT Sloan – Accentuate Your Uniqueness as an Applicant

June 16th, 2008 by JoshD

In an analysis of a b-school application, it is certain that some traits are going to be viewed positively by business schools across the board, for example, high GMAT scores or a high undergraduate GPA. However, certain schools such as MIT Sloan are looking for more particular characteristics in those they accept.

MIT Sloan seeks applicants with a background in Economics or Accounting. This may provide additional insight into the type of students that attend Sloan. In a similar vein, Sloan sees the Quantitative score on the GMAT as being particularly important in their evaluation. Certainly, if you do not see these parts of your application as being particularly strong and have your heart set on applying to Sloan, these facts alone should not deter you. Sloan also prefers a student body made up of people who have engaged in a range of professional sectors and have unique personal interests too. 

Overall, it’s good to keep in mind that Sloan is about more than technology; it’s about creativity as well. So show in your application an ability to creatively reflect on who you are and if you are invited to interview, be prepared to respond spontaneously to an interviewer’s unconventional approach.

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Get to Know More About Carnegie Mellon’s Tepper

June 10th, 2008 by JoshD

Set in the old industrial city of Pittsburgh, Tepper seeks business school students whose backgrounds prove them to be genuinely good and hard-working people, the type you’d like to share an office with. Offering its students a range of extracurricular activities during business school and boasting a superbly functioning administration, which makes the interview and job application process much smoother, Tepper is becoming an increasing attractive location for an MBA. Such flexibility and openness is also displayed in their waitlist policy which allows you, once placed on the list, to update your file, even add a recommendation, before they rank their waiting list applicants. Recently, Tepper has been flooded with 2008-2009 applications, receiving possibly 14% more than last year. In terms of getting into Tepper, just as for other schools, it is recommended that you learn as much as can about the school before applying. This allows you to be able to craft your application in such a way that an admissions committee is likely to interpret as a good match to the school. It also allows you to know early on whether the school will be able to adequately suit your needs. Tepper encourages applicants to visit or engage in its online forum to learn more about the school before applying.

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Interesting Facts on McCombs at the University of Texas

June 3rd, 2008 by JoshD

McCombs at the University of Texas in Austin, the American headquarters for Dell as well as the live music capital of the world, is a business school that is adapting to a global business environment and seeking to be even more competitive in b-school rankings.

Some interesting facts on McCombs:

·       Though things are big in Texas, McCombs tries to maintain a feeling of intimacy. Despite the fact that the University of Texas at Austin has well over 50,000 students, the McCombs MBA program maintains a class size of just 260.

·       McCombs is making more of an effort to increase its rank through the recruitment of international students, especially Latin Americans and Europeans.

·       The University is also home to a great law school and an excellent public policy school (The LBJ School), and MBA Students can attend classes at these schools while enrolled.

·       McCombs has become increasingly a school for those interested working in consulting, marketing and finance sectors.

·       McCombs does not insist on work experience. But most accepted students, all but 2%, have at least some experience.

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