Friday, December 30, 2011

The Beginning is Almost Here!


This photo from the 2011 trip embodies the excitment the students are about to experience

Guest post by Scott Hartlieb
Second-Year MBA
It’s hard to believe that we are less than two weeks away from the start of our 7 week classroom experience that will prepare us for our trip to Ghana in March.  A lot has transpired over the last month as we have finalized the projects and Ghanaian partners that we will be working with.  We have also assembled the student teams that will be working on these projects.
We have chosen very diverse projects and partner groups, which makes for an exciting and well rounded experience for everyone involved.  We have decided to work on four projects this year:
1.   A micro finance project for a company that is researching the viability of additional investment vehicles to expand their loan services.
2.   A cement block building project for an organization that wants to use the proceeds to fund its child slavery shelter.
3.   An inventory management project for a small wholesaler that supplies general consumer products to the people of Accra.
4.   A project working with an organization that is looking into the manufacturing and sales of affordable off road vehicles.
Because these projects touch on all aspects of business from finance to marketing to supply chain, our student teams will be able to utilize their past experiences as well as learn and grow as leaders as they help solve these business challenges.  I personally am very proud of the work that has been done so far however this is only the beginning.  I can’t wait to see the faces of the 21 student participants as they enter their first class in January and we prepare to embark on a journey that will transform our lives forever.

Tuesday, December 20, 2011

First-year MBA case competition winners

By Kelly Giese
Kelley Partner, Kelley Staff
Eaton Case Competition winners from the Green Cohort.
For our MBA students, their first semester at Kelley starts and ends with a case competition.  

The first case competition occurs after orientation and before classes start in August. It is our students’ first project and an introduction to the small peer team they’ll work with for the rest of the semester. For many, it is their first attempt at analyzing a business case and presenting a solution in this format. 

This first competition kick-starts team-building and experiential learning. It serves as a launching point into the business principles that will be built upon in the Integrated Core semester. In the end, it is a measuring stick for students to see how much they’ve learned when they start the second competition.

The second case competition occurs after finals in December.  It is a challenge of endurance, but one that is very rewarding. After a semester immersed in business fundamentals and solidifying the relationships in their peer teams, the students often remark on the differences they see in their abilities and confidence.  

This year, the case came from Eaton on the topic of Aerospace, with several of their employees participating on the judging panels with our faculty.  We proudly congratulate the winners by Cohort:

Red Cohort
Blue Cohort

Green Cohort


We also congratulate the rest of our first-year students upon the completion of the Core. The strong finish in itself should be very rewarding to all. 

Tuesday, December 13, 2011

MBAs y naves espaciales?


Por JP Vega
Estudiante de Primer Año - Costa Rica

Hoy me gustaría compartir con ustedes los resultados de un proyecto iniciado este año en conjunto con Ad Astra Rocket (AARC).  AARC es la compañía a cargo del desarrollo del Motor de Magnetoplasma de Impulso Específico Variable (VASIMR®), una tecnología que promete enviar al hombre a Marte en 39 días, casi 7 meses más rápido que lo que le tomaría a un cohete químico convencional.  Este video resume el concepto original del Dr. Franklin Chang-Diaz, quien fue astronauta de la NASA hasta el 2005 y actualmente se desempeña como presidente y CEO de AARC.

Durante el Academy Week 3 las academias de Consultoría y Finanzas Corporativas se unieron para evaluar alternativas de mercados para VASIMR®, y opciones de financiamiento para lo que resta de su desarrollo.  Más de 50 candidatos a MBA de Kelley participaron en este proyecto.  Tras su final, AARC mostró interés en explorar con mayor detalle, y con la ayuda de estudiantes de Kelley, uno de los mercados descubiertos durante esta semana.  El Instituto de Efectividad Organizacional Global (IGOE) aportó gran parte del capital humano necesario para este proyecto (9 de los 11 miembros del equipo).  Tuve la dicha de ser uno de los líderes de este proyecto, el cual concluimos satisfactoriamente a finales del mes pasado.
Cierro el post de hoy con las 2 lecciones más importantes que obtuve a través de este proyecto:
1.       Alcanzar acuerdos en equipos de trabajo con muchos miembros puede ser un gran reto.  A mi parecer, un buen líder en esta situación requiere de una alta dosis de disponibilidad y paciencia durante el proceso, al igual que muestras constantes de interés en las ideas de todas las partes y en cómo integrarlas a la solución final del problema.  Ahora, nadie es perfecto, y por esto resulta clave establecer ciclos de retroalimentación del equipo para los líderes, y estar anuente a realizar los ajustes necesarios a través de toda la ejecución del proyecto.
2.       La importancia de practicar la escucha activa es un tema frecuente de instrucción en Kelley (en mi caso, he escuchado sobre esto en cursos de negociación, consultoría, y diseño organizacional).  Sin embargo, su importancia aumenta considerablemente cuando, como consultor, se ataca un problema en una industria tan orientada al aspecto científico del negocio.  No sólo es necesario entender lo suficiente sobre la tecnología en cuestión para brindar recomendaciones sensatas, sino que al tratar con las partes interesadas, la escucha activa fue un medio altamente efectivo para lograr que todos suspendieran sus marcos de referencia y enfocaran el problema compartiendo los mismos objetivos.

El tan temido CORE


Por Ignacio Jácome
Estudiante de Primer Año - Ecuador

Estoy en mi primer año en Kelley y les escribo durante el receso por Thanksgiving (el día de acción de gracias), una semana MUY merecida de descanso. Todos mis conocidos que me vieron luego de tres meses y medio luego de haber empezado mi MBA han coincidido en lo mismo: ”Te veo feliz pero a la vez cansado”. Desde el primer día que llegué a Bloomington no he hecho más que leer, estudiar, socializar y entrevistarme con compañías que llegan a la facultad a reclutar, como te imaginarás no he dormido muchas horas.
El primer semestre en Kelley tenemos las “CORE classes” el cual consiste de ocho materias: contabilidad, mercadeo, operaciones y logística, economía, métodos cuantitativos y analíticos, pensamiento crítico y ética, finanzas, estrategia. El CORE está diseñado para empujarte al máximo de tu capacidad, una práctica similar a la de muchas empresas privadas. Además de lo académico aprendemos a convivir y a trabajar eficientemente con un equipo designado por la facultad, el cual no siempre va a ser tú preferido, una experiencia que te va a servir en cualquier trabajo que escojas en el futuro.
Luego de esta semana de receso, tendremos una semana más de clases, una semana de exámenes finales y por último un “case competition”. No hay mejor manera de terminar el primer semestre, como con una competencia con todos tus compañeros implementando y utilizando todas las herramientas que hemos aprendido en 15 semanas de clase.
Creo ser un profesional distinto (mejor) al que ingresó a Kelley . No puedo ocultar mi satisfacción con el nivel del programa, la calidad de los profesores y la diversidad de experiencias de mis compañeros. Sin duda el CORE me ha dado la razón de por qué decidí venir al Kelley School of Business. 

¾, ¼ MBA….dos perspectivas de lo mismo


Por Eduardo Herreraestudiante internacional proveniente de La Ciudad de los Palacios, el Distrito Federal, en México. Entre sus varias vidas aparte de estudiante de tiempo completo es esposo, optimista ante todo y fanático del fútbol soccer.


Es interesante ver como uno cambia de chip cuando pasa de ser alumno de primer año a ser alumno de segundo año. Es como si en todo el primer año te dedicas a aprender de tus compañeros de segundo año, de sus experiencias tanto en la escuela como del trabajo en verano. Es algo increíble, tienes a 200+ personas dispuestas a ayudarte si lo necesitas. Algo muy característico de la cultura en el MBA de Kelley.
A finales de abril, una vez que mis "second years" se estaban alistando para dejar el mundo estudiantil y reingresar al mundo laboral, por qué no, el mundo real, me cayó de golpe que es ahora mi responsabilidad tomar el rol de facilitador y ayudar a la siguiente generación de alumnos, la generación 2013, a formar parte de la gran familia que representa Kelley.
Es difícil explicarlo pero uno no sabe la cantidad de cosas que uno aprende durante el primer año, fuera de todo lo académico. Créanme, debo tener cicatrices en el cerebro gracias al primer semestre, mejor conocido como el Core. No quiero espantar a mis queridos lectores, pero es una experiencia única que te enseña y prepara para grandes cosas, aunque uno no lo vea de inmediato. Mientras pasan las clases y toda la experiencia de encontrar trabajo para el verano, uno ve las cosas de una forma diferente y adquiere habilidades que no sabía que tenía.
El Core está por terminar y se viene lo bueno. Mis compañeros de primer año se van a dar cuenta de lo diferente que es la experiencia del MBA a partir de ahora. La flexibilidad de tomar las clases que a uno le interesan y si lo desea, de formar su propio major y/o minor, cosa que otros programas no lo tienen tan temprano en el año, tener tiempo de dedicarse a lo que uno le gusta, ya sea practicar algún deporte, conocer a más de sus compañeros en el programa o simplemente disfrutar todo lo que IU y Bloomington tienen para ofrecer, es increíble.
Por mi parte, queda seguir estando disponible para los que mis compañeros de primer año necesiten, para seguir trabajando el alcanzar las altas expectativas que el programa requiere de uno.
Más adelante les platicaré con más detalle sobre lo que se viene en mi último semestre en Kelley, mismo que va a estar lleno de un poco de todo y espero les sea útil, informativo pero ante todo, entretenido.

Monday, December 12, 2011

MBA faculty auction benefits local charities


Professor Cattani emcees at auction.
By Kelly Giese
Kelley Partner

The Kelley Association of Women MBAs recently hosted the 13th Annual Faculty Auction at a favorite Bloomington venue – The Bluebird.  In the season of finals and case competitions, many of our MBA students took a study break to raise money for various charities in Bloomington.

With professors Kyle Cattani and James Pratt performing emcee duties and a Second Year band, Space Truck, rocking out, it was an awesome night for the Kelley community.

Our generous, and in some cases brave, faculty put together a wide variety of packages for the students to bid on. Many will be hosting students in their homes for TV viewing parties, homemade gourmet dinners and wine tastings. Others will be playing laser tag and basketball against the students. There was an auction item for everyone – sports fans, "Gossip Girl" fans and foodies.

The top auction items:
  • Basketball scrimmage faculty vs. First Year students at Assembly Hall - $2,500
  • Trash TV and dinner with professor Wayne Winston - $1,500
  • Low-Country Broil Cookout with the Graduate Career Services Team - $1,450
  • Tour de France Wine & Cheese Night with Associate Chair of MBA Program, Jonlee Andrews and Dean Dan Smith - $1,400
  • Watch the Super Bowl with professor Winston - $1,400
Space Truck really rocks!
Our students also put together packages for their fellow students to bid on.  Brown bag lunches for a week, dancing lessons, lawn care services, homemade dinners, personal training and more.

Together, the Kelley community raised $23,117 for the following student-selected charities: Options for Better Living, Mother Hubbard’s Cupboard, My Sister’s Closet, and Middle Way House.

I’m not certain if this was the most successful Faculty Auction to date, but one thing I do know is it’s one of the best events to see the Kelley Culture in action.  Non-employed students opening their wallets. Faculty members opening their homes. Everyone coming together during this season of giving.

The significance of the evening went beyond the fun evening itself. The Kelley School is truly a special place, for many reasons. On this night, it was our people.

Sunday, December 11, 2011

It's Been a Whirlwind!!

Wow, has it really been three months?? It has seemed like a whirlwind and here we are in the midst of the holidays and preparing for a new year (although it does not feel like it at all). I keep giving myself internal goals for writing more often but those seem to be trumped by the daily schedules that we all try to maintain.

So where have I been? I believe my last post was from Chicago’s O’Hare airport, which is fitting considering I’m currently on my way there now. From that point, I headed overseas for a few weeks to visit family in Frankfurt, enjoy Oktoberfest in Munich, and tour through India with stops in Chennai, Mumbai, Delhi, Pune, and Bangalore. I have to say, after three trips I’m finally starting to feel like I know what is going on and how things work in India. It’s an amazing place!

I returned home for four days in early October before hitting the road again with stops in Salt Lake City, Phoenix, Denver, Minneapolis, Chicago, and St. Louis. It was good to catch up with some friends along the way and quite the experience to witness the World Series in action. I then had a quick trip to Cincinnati before returning home for a couple of weeks and hosting our Kelley In Focus Diversity Weekend in early November. I was then off to Texas for a couple of stops in Houston and Austin. Unfortunately my trip had to be cut short and I missed out on Dallas and San Antonio but am thankful for our alumni and my co-workers for covering the events! It was nice to spend a week at home with family and friends over the Thanksgiving holiday and being able to get a bit caught up in the office before heading out on this my final trip of the calendar year. Last week included stops in New Orleans, Miami, and San Juan. I was glad to spend a couple extra days over the weekend in Puerto Rico but unfortunately it rained a bit more than one would hope. And so now I’m into the final week of the travel year and off to host Kelley MBA Receptions in Chicago and DC before heading home. If you’re in either area, be sure to RSVP and make plans to attend!

Well, now that I’ve updated you on my travels, I look forward to posting several times in the coming weeks as our January 5th application deadline approaches. If there are any specific topics or questions you would like addressed, let me know! In the meantime, GO HOOSIERS and congratulations on knocking off the #1 team in the country! In case you missed it, be sure to watch the live replay, a fan's view from inside Assembly Hall, and the view from on the court! IU basketball is back!!

Tis the season - volunteering your way to a fulfilling career!


Wow, it's here, it's really here - the end of the year! This is the time where many of us take time for ourselves, and review what's happened, and start to think about what will be different next year. This is a great practice and an incredibly valuable one. Taking the time to reflect on what went well, what didn't and your contribution to each of those situations can provide you with great insights on how to do more of what you love and less of what you don't. Each of you will have your own approach for this process - the key is finding one that is meaningful to you. If you aren't sure where to begin, check out this fantastic list of resources, or this article from Les McKeown. I'm going to offer one additional suggestion that may not seem much like reflection, or taking time for yourself, but in the end I think you'll learn a lot from it.

Pencil in some time on the calendar to volunteer (VolunteerMatch is one of many places to get connected to opportunities in your local area), but don't just take the easy way out and show up at the local soup kitchen (unless you have a real passion for it). Find an opportunity that aligns with one of your deeply held interests, values, or hobbies. For example, if you are a runner like I am, sign-up to be a "Girls on the Run" mentor - not only do you get to go for a run (which you love), you get the opportunity to meet a young girl and help her build confidence to become successful (male runners, you're invited too!). Besides meeting your running partner, you'll also get the chance to meet like-minded people - other running mentors and program organizers. This is a perfect opportunity to learn more about the organization, or that person - you can use this information as you continue to refine your personal plan.

And, if running isn't your thing. Choose from any number of other opportunities. Once you are in there, see what you like best. For example do you love:
  • helping them see new ways to grow the organization?
  • inspiring people to do something new, different, or better?
  • working with the people the group serves?
  • relishing in being behind the scenes?
Maybe there wasn't anything you liked... If that was the case, take another look at why you selected that organization and activity. Then, make sure you ask yourself if you gave it all you had or how you contributed to the success or failure of the situation.

The point is not to just pick an activity for the sake of picking an activity - the point is to spend time doing what you love, and looking at where you naturally gravitate. Then, take steps to figure out how you can bring more of this into your work life. Reaching your full potential is so much easier when you actually like what you're doing, so take the time to figure it out!

Enjoy your holidays!!

Thursday, December 1, 2011

In the final planning stages of KIPs Brazil 2012

Rio de Janeiro - Corcovado

Second-year MBA 

A lot has happened since our last KIPs Brazil Blog post. We've been meeting every week, and it seems like we communicate every day. So far we've put together a really great curriculum for our in-class portion. Speakers and guests have been lining up to provide assistance and share their insights. We've even been able to nail down a great language teacher to make sure everyone can put together some essential phrases while we're there.

We've also made some great headway with the company visits. A few weeks ago we only had one or two secured. We now have 11 of our 15 company visits scheduled! Consulting, manufacturing, energy, cpg -- the industries go on and on. 


I'm really excited to visit the Olympic committee in Rio. Rio is host to the 2016 Olympics and the Olympic committee has been hard at work organizing this monumental event. I have so many questions for the visit, and I can't wait to see what progress they've made in preparing the city for the onslaught of people that will be there.

The next area that I’m really excited to work on is cultural experiences. We're planning group outings to some great must-see destinations like Sugarloaf Mountain, which overlooks the Harbor of Rio de Janeiro, one of the seven natural wonders of the world. We're also exploring some of the great restaurants in both cities. I also stumbled on a great dinner-and-a-show restaurant that will feed you while you enjoy a samba music and dance performance.

It's hard to believe how far we've come and exciting to anticipate where we'll be traveling in a few short months.