Network06 11
Cambridge Judge Business School Network magazine Winter 2006
Director’s message
2
Arnoud De Meyer Director
It has now been two months since I
on the MPhil in Finance and a total of 97
the School of Technology we have also
started at Judge Business School and I
PhD students we have exceeded our
been able to obtain a large research
have become even more enthusiastic as
targets for this year. In total more than
grant on the transfer of technology from
time has gone on. In my first mail to all
400 students are registered for a degree
the lab into business. I am particularly
alumni, I mentioned that, upon my arrival
at Judge Business School.
pleased about this because it is a
in Cambridge, I found a Business School
Many of you know I strongly believe
confirmation of our position as a
full of potential and one with a great and
that rigorous, relevant and revealing
business school ‘at the heart of
dynamic team in place. The results of the
research is at the core of what a business
Cambridge’.
last weeks have proved this to be true.
school is all about. On that front we can
After having spent my first weeks
It has been a great start for the MBA
also be proud. I invite you to have a look
getting to know Cambridge and the
programme with 107 top quality
at some of the papers that were recently
Business School from the inside, I will
students. As many of you already know,
published by our colleagues. For
now begin meeting our external
the work of the MBA team under the
example this summer Matthias Holweg
stakeholders. I have several trips planned
leadership of Richard Barker has paid off
co-authored a paper in the Sloan
and will take every opportunity to meet
with significant improvement in the
Management Review that provides an
you, the alumni friends of Judge
rankings. While they are far from being
intriguing critique of the concept of a
Business School. I intend to meet as
the only measure of quality, such rankings
value chain. Matthias argues that when
many of you as possible so watch out for
provide some information for potential
we view value creation from a
the invitations!
candidates and I am glad that they now
multidimensional grid perspective rather
better reflect the efforts that Judge
than in a linear value chain, this gives the
University of Cambridge and our own
Business School has made to offer one of
greatest opportunities for innovation. And
School offer great opportunities for
the best one year MBA programmes in
in the same issue, Alan Hughes co-
development and I have no doubt that
the world. It is our ambition to grow this
authored a paper on the difficult subject
through collaboration we will surprise the
top quality programme and I truly hope
of how an organisation can reap the
world. I hope I can count on all of you.
you will spread the good news.
benefits of investments in information
And the other programmes are also
technology. These are just two examples
doing well. With 70 MST students, 40
of interesting research that may help you
students on the MPhil in Management, 47
in your business practice. Together with
As I have already told many of you, the
Welcome Sandra Dawson looks back on eleven eventful years as Director
When East meets West coming to terms with the dominance of Western culture
5 15
16
A quiet revolution The growth of Executive Education
22 Team spirit Alumni participating in the life of Judge Business School
Marketing your MBA promoting the world-class experience and opportunities provided by the Cambridge MBA
20
Chair’s message page 4
&
Contact point page 4 School news roundup page 8 Media mentions page 10 Books page 11 Inspiring entrepreneurship page 12 Virtuous circles for MBA careers page 24 Student life page 25 Network roundup page 26 Classnotes page 28
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Chair’s message and contact point I am delighted to welcome you to
Finance Special Interest group meetings
excellent and varied events programme
this issue of Network. This signals a
which have proved to be very popular
along with Rebecca Whittingham-
new look for the magazine and
with current students and senior
Boothe from Judge Business School,
coincides with a new and exciting phase
business people alike. You can find
and to Arthur Meadows for his
for Judge Business School under the
more details in this issue.
continued work on the CJBSN online
directorship of Arnoud De Meyer, and
evenings in London on the last Thursday
Manager Rachael Barker.
of each month and this year plan to
Another new beginning for CJBSN
community site.
Warmest regards,
combine the AGM with a presentation
was securing the Oxford and
by Arnoud and drinks reception for the
Cambridge Club on Pall Mall as a
festive season.
permanent venue for our speaker
4
We continue to hold regular social
the arrival of our new Alumni Relations
Finally, on behalf of the members I
Rachel Massey
events, including the talk by Anthony
would like to thank the CJBSN Council
Chair, Cambridge Judge
Fitzsimmons, from Ince and Co. on
for their continued hard work and
Business School Network
corporate responses to crises and
commitment to developing the
disaster management. This year also
organisation. Particular thanks go to
saw the start of the Banking and
Jeremy Marchant for organising the
Hello to you all in the Cambridge
forthcoming communications. Accurate
Judge Business School Network.
data sits at the heart of any successful
much to getting to know you all and
I am very much looking forward to
networking community and our on-line
please do not hesitate to contact me.
working with you all over the coming
community is a great way of ensuring
months to strengthen and develop our
we have up to date and relevant records
global alumni community. With business
on each of our alumni. We need your
networking, member connectivity and a
help and participation in keeping this live
tangible online presence being of
and to ensure we make it as effective
primary importance, I am keen and
and useful a tool as possible. We will
Rachael Barker
enthusiastic to drive forward a variety of
therefore shortly be launching a
Alumni Relations Manager
alumni related initiatives and actively
comprehensive and rigorous campaign
encourage you to respond to our
to capture and update your records.
In the meantime, I look forward very
With best wishes,
alumni@jbs.cam.ac.uk Telephone: +44 (0)1223 766819 Fax: +44 (0)1223 766920 www.alumni.jbs.cam.ac.uk
Interview | Sandra Dawson looks back
Sandra Dawson looks back on eleven eventful years as Director Further to Dame Professor Sandra
terms of faculty, students and
providing tailored programmes to meet
Dawson ‘handing the baton’ to
programmes as well as in that vital
company’s special needs and we are
Professor Arnoud De Meyer, we
characteristic: brand and reputation.
just putting our toe in the water for open
ask her to reflect upon her time at
Back then we were a closely kept
programmes, for example for business
Judge Business School.
secret: who had ever heard of a
leaders in India and China, and
I am feeling amazingly good about the
business school at Cambridge? We had
specialists from particular sectors.
change over. I look on what has been
very few links with local or global
achieved in the last 11 years with great
businesses.
pride whilst ever aware of the tasks
Now we have a network of 250 – 300
In everything we do, we are mindful of being global in a highly competitive world market, and yet we remain
ahead, and I know in Arnoud we have a
local technology-based start up
focused on continuing to build on our
superb leader to tackle the challenges
companies with which we are in regular
special strengths, derived from our
of the future. Several people have
contact for student projects, speaker
unique position in this great University in
recently commented that I seem to be
and networking events, business plan
the fastest growing area of technology-
smiling even more than usual and this
competitions and opportunities to host
based business in Europe.
reflects the enormous sense of
leading delegations from India, China,
wellbeing I see in the School and for the
Brazil, as well as many from Europe and
What were your personal
future.
North America.
highlights of your 11 years as
Looking back, when I became
On the global corporate side we have
Director?
Director of what was then the Judge
a large and influential Advisory Board,
For me, my personal highlights are
Institute of Management Studies, I was
chaired by Lord Browne, group CEO of
indistinguishable from the highlights of
just the second professor. I joined
BP, with representatives from every walk
the School. I remember our entry into
Professor John Child and together we
of business and public policy. Board
the FT rankings, completely justified yet
were part of a group of about 20
members are engaged corporately and
higher than anyone dared hope. I recall
colleagues; we had a very small MBA
individually with all aspects of the
recruiting every one of the new faculty,
programme, no Executive Education,
School’s life, including recruitment and
handpicking each to come and play
and an undergraduate programme that
sponsorship of our educational learning.
their part within the business school;
was part of the Engineering Tripos. We have grown on every level in
Our Executive Education is establishing a strong name through
celebrating with colleagues a major publication or research award;
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Interview | Sandra Dawson looks back
“I recall recruiting every one of the new faculty, handpicking each to come and play their part within the business school…”
Sandra Dawson at her leaving party
6
welcoming each cohort of newly
marketing and organisational behaviour,
for example Law and Economics in
graduating students and their families
but their very strength and expertise is
governance, Maths and Economics in
as they return triumphant to Cambridge
enriched by their willingness and
finance and Engineering and the
to collect their degrees; and reviewing
enthusiasm to engage in cross cutting
Cavendish Laboratory in innovation and
with pride strong feedback from
multi-disciplinary themes. Thus our
entrepreneurship.
students and from accrediting agencies.
work on globalisation, technology and
I remember our students winning
innovation and business in society,
significant resource from wonderfully
business plan competitions that simply
draws upon many disciplinary bases
generous benefactors has always been
didn’t exist 11 years ago, and I recall
which can contribute all the more if there
a great source of excitement.
with pleasure the way mutual respect
is mutual respect between, for example,
has grown between core disciplines.
the mathematically orientated subjects
which are associated with getting to
This last point is part of the special
of management science and the
know our most generous benefactors,
Cambridge mix, and it is as rare in
philosophically and sociologically
beginning of course with our founding
business school circles as it is
founded subjects of organisational
benefactor, Sir Paul Judge. Sir Paul’s
important. When you are building up
behaviour. Ensuring disciplinary
sustained interest and commitment to
disciplinary strength you must have
strengths and building collaborations
the School has been tremendously
people who are very good in their
across disciplines is greatly facilitated by
important for me and for the
specialist fields of strategy, finance,
our links with other Cambridge faculties,
generations of students and faculty who
Every time we have brought in
Thus I recall a series of highlights,
“We are in a unique position from which to tackle the future business challenges of globalisation, technology, innovation and entrepreneurship” have had the opportunity to get to know
have been on this journey of building a
need to focus on securing major
him and learn from him. The hospitality
great business school with me.
increases in value within global supply chains, as well as on the need for
of Sir Paul’s annual Christmas Party at his home is legendary amongst all those
What were your first impressions
expertise to take advantage of the
of the Judge Community who have
of the School?
fluidity of the boundaries between the
experienced it.
First of all I was struck by the building;
public and the private sector. We need
Every one of our supporters has
from the outside it looked huge. Then I
always to anticipate the future, advance
shared a vision of our ‘great business
was struck by what could go on inside
knowledge and develop leadership fit
School at the heart of Cambridge
the building and the wonderful
for the future of big global firms, hi-tech
University’ and through their generosity
opportunity and challenge which were
start-ups and influential NGOs. Judge
they have expressed their commitment
within our grasp. Since entering the
Business School is superbly positioned
to the school and enabled
building that very first time, life has often
to do this in the decades to come.
fundamentally important developments.
been challenging and always fun. How would you like to be
For example we have established the Dennis Gillings Professorship of Health
Do you have any regrets?
remembered?
Management, the Beckwith
My motto is never to have regrets. I think
As the woman who incontrovertibly
Professorship of Management Studies,
that one lives for the moment and for the
secured the future of Cambridge
the Sinyi Professor of Chinese
future. Of course occasionally things
University’s business school, so that it is
Management and the Robert Monks
don’t go as one plans, but one can
now inconceivable that Cambridge will
Professorship in Corporate
always learn and go forward, so no, I
not have an ever-strengthening
Governance. Gianni and Joan
don’t have any regrets – just huge and
business school which will attract the
Montezemolo had the superb foresight
realistic ambitions for our future.
very best faculty and students and which will add lustre to the University,
to endow a Visiting Professorship which means we have attracted colleagues
What are your hopes for Judge
just as the University adds lustre to us.
like Jan Heide from the University of
Business School?
So that wherever you are in global
Wisconsin-Madison and Gerard Tellis
Our position within the University, our
business the words Judge, Cambridge
from the University of Southern
relationship with other faculties, to the
and leading business school are
California to work with colleagues in
Cambridge hi tech environment, to our
irreducibly fused in people’s minds.
Cambridge on research, publications
alumni who are found throughout the
and teaching innovations.
world in positions where they can and
is ours for the grasping and I am
will make a profound difference, puts us
absolutely confident that everyone
the Monument Trust, in sequence to
in a unique position from which to tackle
involved: students, faculty, alumni,
their foundational support when they
the future business challenges of
Advisory Board members, corporate
joined with Sir Paul to secure our new
globalisation, technology, innovation
clients and sponsors will all play their
building, which has enabled great
and entrepreneurship and the many
part enthusiastically and effectively to
developments for those involved in
ways in which business and society
continue to build a great School at the
managing organisations for social
interact. The future is one where sure,
heart of Cambridge.
purpose, for example with MBA
we need to compete with highly
scholarships and our broad
accomplished players through
developments in social and community
excellence and innovation in what we
enterprise.
do, but we also need to focus on the
We received continuing support from
As I look back I am deeply grateful to all our supporters, as I am to all who
importance of collaboration and the benefits of working in networks. We also
There is much more to do. The future
7
School news roundup
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Indo-UK Science and Innovation Council visit Cambridge
Summer School focuses on ‘perfect pitch’ for aspiring entrepreneurs
At the end of June Cambridge was honoured by a visit from the Minister of Science for India, Mr Kapil Sibal, together with a distinguished delegation of senior government officials and eminent academics from the Indo-UK Science and Innovation Council. The visit was organised by the India High Commission in collaboration with Judge Business School and
The Centre for Entrepreneurial Learning’s 8th Annual Summer School ran from the 3rd to the 8th of July 2006, and introduced a new programme to help aspiring entrepreneurs reach ‘perfect pitch’. The Summer School is an intensive, one week training programme for aspiring entrepreneurs and corporate innovators to trial
hosted by Dr Shai Vyakarnam, Director of the Centre for Entrepreneurial Learning at Judge Business School. The aim of the visit was to establish better connections with the Cambridge community and to gain an insight into how the city has developed an environment for innovation and entrepreneurship, especially in the hi-tech sector.
and prepare business ideas for the commercial environment. It comprises a blend of practical teaching sessions, expert clinics, mentors’ sessions and experienced advice and support from leading entrepreneurs and innovators that provide the tools, contacts and confidence to transform your idea into a successful business project or venture.
International Women’s Forum Leadership Foundation
Judge Business School and Osaka University to develop a new education programme
On 16th-19th July 2006, Judge Business School hosted an IWF Leadership Foundation Fellows Programme ‘Challenges in Global Leadership’. The programme is part of a premier international training and executive development scheme designed to recognise and support women of achievement and to
Judge Business School, University of Cambridge, and Osaka University, (together with the Osaka Chamber of Commerce) jointly announced a unique collaboration to develop an education programme for Research & Development managers in the Japanese pharmaceutical and biotechnology industry. The project brings together two world class universities and the leading Japanese and European biotechnology clusters. The programme will focus on providing
promote opportunities for women in leadership. The intensive four-day programme held at Cambridge focused on areas such as diversity, globalisation, corporate governance, cross-cultural collaborations, global information systems and international human resource management.
participants with the skills and knowledge to exploit the commercialisation of new technologies and innovations. Taught jointly in Osaka and Cambridge, the Cambridge component will give participants the opportunity to share experiences and ideas with members of the Cambridge pharmaceutical and biotechnology community, as well as learning from expert Cambridge University management faculty.
5th Annual Eurasia Conference The Fifth Annual Eurasia Conference, hosted by the Eurasia Programme at Judge Business School on 15th-16th September 2006, explored business and geopolitical developments in the Central Eurasian region. This policy-oriented, international conference focused on strategically significant dimensions of political and economic developments in Eurasia and the wider Caspian region, including Russia, Central Asia, China and India. Particular attention was given to energy, security, the environment, inter-regional relations and business development in the non-energy sector. Some of the larger questions that were explored and debated were regional co-operation, main factors of stability and economic growth as well as investment climate in the region, the role governments and international financial institutions could play and expectations of companies engaged in the region.
Cambridge Professor inducted to International Women’s Forum’s Hall of Fame
Research on model selection for advertisements to be funded by the Ogilvy Foundation
Professor Dame Sandra Dawson, KPMG Professor of Management and the former Director of Judge Business School has been inducted to the International Women’s Forum’s (IWF) International Hall of Fame. She was joined by this year’s other honourees, Nobel Laureate
Judge Business School has been awarded a US $50,000 grant from The Ogilvy Foundation to support a three-year research project entitled
Dr Linda Buck of the Fred Hutchinson Cancer Research Centre, and pioneer and founder of the Breast Cancer Advocacy Movement, Dr Susan Love, at the Gala Global Awards Ceremony in Seattle on Friday the 29th of September.
International student exchange programme agreed On the 13th of October 2006 Judge Business School and the Indian School of Business announced that they have signed a three year international student exchange programme agreement. The programme will enable selected students from the Indian School of Business to visit Cambridge and enrol as full-time MBA students for one academic
semester, whilst the selected students from Judge Business School will enrol at Hyderabad for a similar appropriate period. Whilst visiting their host schools, the students will attend lectures and undertake consulting projects with host Microsoft Research on ‘emerging’ technologies in order to familiarise themselves with technology entrepreneurship.
‘Why Reflect Reality? The Effectiveness Of ‘Ideally Attractive’ Models Versus ‘Reality Reflecting’ Models in Fashion And Beauty Advertising’.
Centre for Entrepreneurial Learning Centre for Entrepreneurial Learning (CfEL) at Judge Business School resumes its highly successful ‘Enterprise Tuesday’ programme, a series of free weekly evening lectures and networking sessions, which run from October 2006 to February 2007. ‘Enterprise Tuesday’ is a major focus on entrepreneurship for the University, demonstrating the application of learning to solve problems and
create businesses. Over the last three years, Enterprise Tuesday has grown steadily with over 1000 registered attendees in 2005/06, with more than 600 from the University of Cambridge, other UK Universities and Regional Development Agencies. It is closing the gap between the University and business community with over 170 individuals from local and UK businesses attending the last programme.
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Media mentions Financial Times
Cambridge BBC Look Evening News East
Business Week Online
Pharma Japan
‘Cambridge links up with Hyderabad’ 30th October
18th October
4th October
Judge Business School and the Indian School of Business signs a three year international student exchange programme agreement.
Dr Robin Chatterjee, Lecturer in Finance Accounting at Judge Business School, commented on the national trend for foreign investors to buy British utilities and infrastructure companies like ports, airports, water firms etc.
‘Softbank’s Aggressive Accounting’ 28th August
‘Osaka University and University of Cambridge Open MOTI Course’ 7th August
Judge Business School and the Indian School of Business at Hyderabad have agreed a three-year international student exchange programme.
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The Washington Times ‘Fuelling US adversaries’ 29th October Mentions a talk by Dr Pierre Noel, an energy policy specialist at Judge Business School, at the New America Foundation in Washington. Dr Noel said the idea of a direct link between terrorism and oil is ‘simplistic’, saying that it was not likely that a different US energy policy and drastic reductions in American energy imports from the Middle East would make a dent in terrorist financing networks.
The Independent ‘Do business leaders or academics make the best deans? Changing the guard’ 12th October Professor Arnoud De Meyer, Director of Judge Business School, argues that knowing how academia works is a crucial skill for a business school dean because ‘the culture of business and business schools are very different.’
The Independent ‘Beyond the bottom line’ 12th October Simon Deakin, Professor of Corporate Governance at Judge Business School, comments on the problem of corporate responsibility.
Parliamentary Brief ‘We need nuclear, but in today’s world don’t expect the new players to be British’ 1st October Dr William J Nuttall, University Senior Lecturer in Technology Policy at Judge Business School, and his co-authors take a look at what is needed to deliver a nuclear renaissance whilst ensuring that the public are kept safe and on board.
BBC Radio 4 ‘The World Tonight’ 14th September Dr William J. Nuttall, University Senior Lecturer in Technology Policy at Judge Business School, gave an overview and commented on the viabilities of the various renewable energy technologies that are currently available.
Despite legal revisions aimed at making Japanese companies more transparent for shareholders, “disclosure standards in Japan are so much lower than in the UK or the US,” says Simon Learmount, Deputy Director of the University of Cambridge’s Judge Business School.
Newsweek International Edition ‘Crunch This. B-schools rebound from an identity crisis’ 14th August The author discusses the fact that worldwide corporate demand for new MBAs has risen by 24 per cent for the first time since 2002 and quotes Richard Barker, Director of MBA programme at Judge Business School.
Osaka University and Judge Business School, to start an educational program for R&D managers in the Japanese pharmaceutical and biotechnology industry.
BBC News Online ‘Europe’s Russian energy dilemma’ 3rd August Dr Pierre Noel, an energy policy specialist at Judge Business School argues that the idea of Russia and the European Union having common interests in energy supply is wrong.
Books Dr William J. Nuttall, Senior Lecturer in Technology Policy at Judge Business School and Dr Michael G. Pollitt, Senior University Lecturer in Business Economics at Judge Business School, have jointly edited a new book, ‘Future Electricity Technologies and Systems’, which considers where UK electricity will come from in the future and how the country will use it. In separate chapters, specialists in various renewable electricity technologies demonstrate the potential each has to play. Other routes to a lowcarbon electricity system are also considered, including nuclear power, improved power electronics, a wider use of superconducting technology and microgeneration systems including combined heat and power.
Professor Malcolm Warner, Senior Associate at Judge Business School has published a new book on China ‘Unemployment in China: Economy, Human Resources and Labour Markets’.
Dr Christos Pitelis, Director of the Centre for International Business & Management, Judge Business School has coedited a new book, ‘Clusters and Globalisation – The Development of Urban and Regional Economies’ – a unique critical analysis of clusters in the framework of globalisation.
Brian Harney, PhD
Brian Harney, PhD student at Judge Business School and Dr James Cunningham from the National University of Ireland have published a book ‘The Strategic Management of Technology Transfer: The New Challenge on Campus’. The book addresses specific issues in terms of developing a strategic approach to university technology transfer drawing on national and international best practice cases. In particular, the authors outline how to approach university technology transfer strategically by highlighting some relevant contextual issues including: activities of TTOs / ILOs, organisational structures, staffing skills and resources, policy and procedures, mechanisms for technology transfer and evaluation and performance metrics. In addition to pursuing his PhD at Judge Business School, Brian Harney also lectures in strategy and HRM at NUI Galway and has work experience in HR and strategy consulting.
Dr. Guido Möllering (MPhil 1996, PhD 1997) has recently published his book on ‘Trust: Reason, Routine, Reflexivity’ with Elsevier. The origins of this book go back to his postgraduate research on interorganisational relationships at Judge Business School. He argues that reason, routine and reflexivity are the bases for trust, but that the key to trust is the ‘leap of faith’ that it involves whereby irreducible uncertainty and vulnerability are suspended. Dr. Möllering currently works at the Max Planck Institute for the Study of Societies in Cologne, Germany, where his research is on market constitution and collective institutional entrepreneurship.
Dr Stephen Rudman (PhD 1998), is pleased to announce the worldwide publication of his book ‘The Multinational Corporation in China; Controlling Interests’ (Blackwell Publishing, 2006). The book is the first casestudy treatment of management of the China affiliates of US multinational corporations. The field research was done in China, within the offices and factories of four major US multinational corporations. Professor Michael Mische of the Marshall School of Business, University of Southern California describes the book as: “the definitive guide to understanding the Chinese business environment and its complex management practices.
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Centre for Entrepreneurial Learning
“The summer school not only helped extend my network, but also gave me an opportunity to put my entrepreneurial experience and learning into perspective – whilst having fun all the way.”
Inspiring entrepreneurship 12
The Centre for Entrepreneurial Learning
entrepreneurs, corporate innovators,
and presenter). Registration is online via
(CfEL), based at Judge Business School,
venture capitalists and investors from
the CfEL web site.
has a teaching philosophy and approach
the Cambridge community. The main
whereby experienced entrepreneurs
focus is on the development and
developed to fast-track business ideas
share their knowledge, insight and
pitching of business plans that will
or innovations to commercial success. It
experience with aspiring entrepreneurs
appeal to investors and gain funds for
is an intensive one-week learning
and students. The aim is to inform these
business ventures.
experience offering a unique service to
audiences of the nature of
Students are encouraged to attend
CfEL’s Summer School has been
innovation for both corporate and
entrepreneurship and to inspire them to
CfEL’s Enterprise Tuesday programme –
individual clients. Now in its ninth year,
unlock their entrepreneurial potential.
a series of free evening lectures and
the Summer School has an impressive
CfEL collaborates with over 200
networking sessions. It is run in
track record of inspiring successful new
practitioners to provide relevant, credible
conjunction with the Cambridge
business ventures as well as internal
and practical training.
University Entrepreneurs business
business development in well known
creation competitions and designed to
companies such as ARM and BT.
Integrated learning
assist with preparing competition
There are opportunities for Judge
CfEL runs a number of courses, modules
entries. Previous Judge Business
Business School MBA students to link
and workshops for Judge Business
School MBA students have achieved
with real entrepreneurs on their MBA
School students, as well as providing
success with business projects and
Individual Projects through contributing
opportunities to participate in open
been finalists in the CUEBiC
to the practical development of a
programmes such as Enterprise Tuesday
competitions. Enterprise Tuesday
Summer School business project. Each
and the Summer School where
2006/07 includes a stunning line up of
MBA student is assigned to a group of
attendees can meet and interact with the
quality speakers such as Lord Karan
five or six delegates to help with market
Cambridge Entrepreneurial Cluster.
Bilimoria CBE DL (Founder and CEO of
research, assignments and pitch
Cobra Beer); René Carayol MBE
practice. MBAs can also use the
Workshop run by CfEL is a one-day
(Business Guru and BBC TV Presenter
facilitating experience to build
session that forms part of the MBA
of programme ‘Mind of a Millionaire’)
relationships with entrepreneurs to
Cambridge Venture Project. It provides
and Mary Spillane (Founder of
develop and exploit future employment
direct interaction with successful
ImageWorks and a world class trainer
opportunities.
For example, the Business Plan
“The entrepreneurial ecosystem that exists in Cambridge is a key advantage, especially as the entrepreneurial community is strongly linked with academics through networks, which in turn provide for many opportunities. Our students are encouraged to interact with both these communities in entrepreneurial environments. Thus learning about entrepreneurial processes is combined with networking and opportunity recognition.� Dr. Shailendra Vyakarnam, Director of the Centre for Entrepreneurial Learning (CfEL)
13
Centre for Entrepreneurial Learning
“…the thought that came immediately to my mind was wow, this is the next best thing to starting my own business at this moment” Neeraj Agarwal MBA 2005
Neeraj Agarwal was an MBA student at Judge Business School in 2005: 14
“When I first found out about being an
messaging business, Copasectic, a
will enrol at Hyderabad for a similar
2006 CUEBiC finalist:
appropriate period. Whilst visiting their
“The CfEL summer school was a
host schools, the students will attend
fantastic opportunity to develop key
lectures and undertake consulting
MBA Facilitator at the CfEL Summer
entrepreneurial skills, including
projects with host Microsoft Research
School, I thought ‘wow, this is the next
networking, business plan development
on ‘emerging’ technologies in order to
best thing to starting my own business’.
and presentation. The close interaction
familiarise themselves with technology
I had been an entrepreneur before
with both fresh and proven
entrepreneurship.
coming to Judge Business School and
entrepreneurs and investors provided
saw an opportunity in the summer
valuable insight and expertise in a
Centre for Entrepreneurial Learning
school, not only to apply that
welcoming and engaging format. The
said: “I am delighted this project has
knowledge, but also to review whatever
focused coaching sessions to analyse
been agreed because our centre here
I had learnt and share my own
specific challenges for new businesses
and the Wadwani Centre for
experiences with some exciting people
were particularly helpful, and I greatly
Entrepreneurship at the Indian School of
with great business ideas.
enjoyed the interactive process.”
Business share much in common in
The summer school not only helped
The next programme runs from the
Dr Shai Vyakarnam, Director of the
terms of our goals for our students. As a
extend my network, but also gave me
9th to the 14th July 2007. If you’re
rapidly developing economy, India is
an opportunity to put my entrepreneurial
interested in being a facilitator, please
also becoming one of these new
experience and learning into
contact the CfEL team.
sources of innovation, so it is a fantastic
perspective – whilst having fun all the way.”
opportunity for us to provide International student exchange
educational services to inspire and build
Neeraj has continued to work with
programme between Judge
up skills in the practice of
2006 CfEL summer school alumnus
Business School and Indian
entrepreneurship to India’s future
Brian Abram of Identity Protection
School of Business
business leaders.”
Devices (IPD) Ltd on market research.
The programme will enable selected
For further information on the
IPD Ltd was recently short-listed as one
students from the Indian School of
Centre's activities, visit the CfEL website
of the top 50 companies in the EEDA
Business to visit Cambridge and enrol
www.entrepreneurs.jbs.cam.ac.uk
Running the Gauntlet competition.
as full-time MBA students for one
Nik Rouda, 2006 MBA graduate and part of the team for mobile phone
academic semester, whilst the selected students from Judge Business School
Executive Education
A quiet revolution
15
Designing,
With a client list which comprises the
International Health Leadership
likes of Lloyds TSB, Shell Exploration,
Programme was established to provide
substantial development costs of which
developing and
Allen & Overy, Diageo, BT, Rolls Royce,
an annual forum in which senior health
are being met by the leading global
delivering
Ofcom, AWG, Coventry Building Society,
sector leaders from around the world
outsourcing company, MphasiS, will
relevant
Royal Mail and the Judicial Studies
address the issues of health sector
focus on ‘Managing Strategic
customised and
Board, it is perhaps surprising that
reform in the face of rapid change and
Outsourcing’. The programme will be
open enrolment
Executive Education at Judge Business
development. Now in its 11th year, up to
split between Cambridge, where the
programmes.
School has traditionally had a relatively
30 practitioners, managers and
theory of outsourcing will be examined
low profile, both within the School and
government officers will come to
and analysed, and MphasiS’s Bangalore
externally. Much of this stems from the
Cambridge to share eight days of
campus, where participants will be given
fact that we specialise in designing,
learning with distinguished faculty who
the opportunity to develop outsourcing
developing and delivering highly
give their time to teach on the course.
feasibility studies for their own
customised programmes which remain
Using a variety of learning styles and
businesses in conjunction with Judge
confidential to those clients whose
mixing the formal with the informal, the
Business School faculty and MphasiS
specific needs they are designed to
programme encourages both developed
project managers. Full details of this
address.
and developing economies to
groundbreaking initiative, including dates
With open enrolment programmes
An entirely new open programme, the
understand each other’s differences and
of the first programme (expected to be
there is greater scope to advertise our
similarities. Nominations are now being
held in late Spring 2007) will be available
achievements, and two programmes in
received for March 2007. For more
by the end of December 2006. If you
particular, one established and one
information, please contact the
would like to register your interest in
brand new, highlight the unique and
Programme Manager via the website:
receiving further information about the
exciting offerings that Judge Business
www.jbs.cam.ac.uk/programmes/
programme, please e-mail us on
School is leading. The Cambridge
execed/ihlp/index.html
execed@jbs.cam.ac.uk
Focus | An East Asian perspective
When East meets West
Americans value individualism, independence and assertiveness. Asians are just the reverse; they place the group above the individual and prefer interdependence and consensus.
Michael Tai (MBA 1997) explores the many differences between the Orient and the Occident. 16
Since Vasco da Gama rounded the Cape
Europeans. By East Asia, I refer to the
Japanese consists of loan words. In
of Good Hope and reached the west
countries along the Pacific Rim such as
Japan simply the ability to speak English
coast of India in 1497, Europeans have
China, Japan, Korea, Vietnam and
puts one up several notches while a
colonised Asia, Africa and the Americas
Singapore which are strongly influenced
white face commands more than the
and dominated the world. That
by China’s Confucian tradition.
usual respect. Cross-cultural marriages
dominance continues today and learning
Western primacy particularly in the
are not uncommon but they consist
to live with Westerners has become for
last two hundred years has left a deep
largely of Asian women marrying
me a life-long lesson. My first real
imprint on the Asian psyche (and indeed
Western men. The Westerner’s sense of
encounter with the Occident came when
on the entire Two-Thirds World),
superiority is often greeted by an Asian
I left Malaysia as a teenager to study in
something that perhaps only a material
lack of self-confidence. The Asian
America. Since then I have lived in
shift in the global power balance will
frequently feels like a child relating to an
France, Germany, the UK, Belarus and
redress. Japan’s defeat in the Second
adult or a student to a teacher. This
Canada. Of course, the West is not a
World War so impaired the nation’s self-
dysfunctional relationship is reinforced
homogeneous entity; American culture is
confidence that despite remarkable
by the fact that the Westerners in Asia
dissimilar in many ways to French or
post-war economic success (Japan’s
usually come from the educated elite
Russian culture, and the history of each
GDP is second only to the USA), the
and hold positions of authority, be they
country’s relations with Asia is different.
average Japanese remains in awe by
expatriate managers, NGO aid workers,
But because Americans and their
the West. This condition is reflected in a
teachers or missionaries. Asians hardly
influence are the most pervasive in Asia
fascination with American pop culture
ever meet the European or American
today, I will point to them occasionally
and the wholesale importation of
farm worker or truck driver. Even when
without forgetting the differences
English words into contemporary
they go to the West as students, they
between the Old World and the New and
Japanese vocabulary. It is estimated
are exposed mainly to other students or
the enormous diversity among
that up to 30 percent of modern
professors at whose feet they learn.
17
Focus | An East Asian perspective
Rejecting someone’s opinion gets mixed up with rejecting the person as well. When a fierce argument breaks out, the Asian is apt to keep silent or politely agree in order to maintain a semblance of harmony.
18
Thus East meets West on an unequal
powerful mark on Western civilisation.
Americans to voice disagreement and I
footing which often breeds resentment.
East Asia, on the other hand, is shaped
have witnessed them locked in heated
The psychological disequilibrium is real
by Confucianism which stresses the
debate only to chat away congenially
and recovery requires not only a
dutiful attitude of each member of
during the coffee break as if nothing has
cognitive understanding of the stature
society over the intrinsic value of the
happened. When I expressed
gap but an internal restoration of self-
individual. Because there is no personal
amazement, the Americans told me “It
confidence. Healing begins by rejecting
god who loves each man and woman
was only a game” and that no-one
false beliefs about the worth of self and
as his very own, Confucian thought
takes offence at a polemic. In Asia,
other and embracing healthy ones.
implies worth based on one’s station in
American-style debate would be
life. A man is measured by his wealth,
regarded as rude, offensive and could
colonialism is reinforced by certain Asian
power and prestige, and a prince is
permanently jeopardise relations.
cultural traits. Asian societies are
worth more than a pauper. By extension
Rejecting someone’s opinion gets
hierarchical by tradition and those of
nations are weighted the same way and
mixed up with rejecting the person as
lower rank behave deferentially toward
the citizen of an advanced country is
well. When a fierce argument breaks
those of higher rank. This behaviour is
worth more than one from a less
out, the Asian is apt to keep silent or
easily carried over into international
developed one. But this kind of thinking
politely agree in order to maintain a
relations. If a nation is regarded as more
cuts both ways: it can make a nation
semblance of harmony. These
prestigious or powerful, Asian instinct
feel proud or inferior depending on the
differences in etiquette have roots in the
dictates that it shall be treated with a
strength of the foreigners it faces.
intellectual traditions of each civilisation.
The condition brought about by
greater esteem, the kind one accords
Difference in values poses other
Ancient Greece was made up of
someone of superior rank. Of course,
challenges too. Americans value
independent city states and a
this kind of impulse exists in other
individualism, independence and
philosopher whose ideas offended the
civilisations too. Social structure in
assertiveness. Asians are just the
ruler of one state could easily seek
medieval Europe was equally feudal but
reverse; they place the group above the
refuge or patronage in a rival state. This
class relations there were tempered by
individual and prefer interdependence
together with the Greek penchant for
Christianity. In the words of the Apostle
and consensus. These differences work
novel ideas fostered a culture of
Paul, “You are all sons of God…There is
against the Asian in the company of
intellectual discourse and contest.
neither Jew nor Greek, slave nor free,
Americans. Just when an American
There was a period in China’s history
male nor female, for you are all one in
would push, the Asian pulls. One vexing
when the country consisted of
Christ Jesus.” This Christian doctrine of
problem is how and when to speak
independent states too. But since its
racial, social and gender equality left a
one’s mind. It is quite normal for
unification under the Qin emperor in
“…just when an American would push, the Asian pulls” 221 BC, China has for the most part
broadcasting one’s abilities and
Essential steps include the following:
been a monolithic centralised state that
achievements is frowned upon. Instead
• Practising assertiveness – Assertive
allowed only limited intellectual
one is taught to be self-effacing. This
is not the same as aggressive. You can
diversity. For centuries imperial civil
kind of humility may be a virtue but it
state your preferences without feeling
service examination candidates were
puts the Asian at a disadvantage in
guilty. While Asians often communicate
tested on their mastery of the
many situations. Imagine a résumé that
with subtle cues, Westerners prefer
Confucian classics, not on originality of
downplays the skills and experiences of
plain talk
thought or ability to critique the
the candidate or a job interview where
• Voicing opinion – Westerners are
classics. Hence, political correctness in
the candidate recoils from clearly
used to voicing their opinion and quite
Asia is more entrenched. Up until today
articulating the strengths he will bring to
used to having others do the same.
schooling in many parts of Asia involves
the organisation. There are, of course,
Everyone is entitled or expected to hold
rote learning. It is a learning style that
ways to let others know your
an opinion, and a lack of opinion could
dates from antiquity and is not without
accomplishments without sounding
be construed as a lack of personality or
merit. However, it implies a ‘correct’ or
boastful. But many Asians have to be
personhood
‘standard’ answer to every question.
encouraged or coached on how to do
• Embracing disagreement –
This may be well and true in
so without feeling awkward.
Disagreement is a normal part of life.
mathematics or the natural sciences
What then does an Asian need to do
Contesting someone’s ideas does not
but not so in the humanities and social
to work effectively among Westerners?
equal rejecting the person
sciences. Because of their respect for
In crossing from one culture to another,
• Affirming self-worth – All people are
rank, Asian students almost never
the old adage ‘In Rome, do as the
created equal. Feeling inferior is as just
disagree with their teachers, textbooks
Romans do’ applies. This means
wrong as feeling superior; shame is as
or anything they regard as an authority.
playing by new rules even if it feels
detrimental as pride.
Because disagreement and disputation
uncomfortable at first. He needs to
are viewed as disrespect and a threat to
tactically turn from his own cultural
harmony, Asians avoid it. When called
programming and learn a different set
upon to exercise ‘critical reflection’,
of behaviour.
most Asian students only manage to produce a summary of what they read. Another value that works against the Asian is the Eastern notion of humility. Promoting oneself or
19
Focus | MBA and Alumni
Marketing your MBA Simon Learmount, Deputy Director of the MBA Programme, outlines how alumni support is central to the development of the Cambridge MBA.
20
Our aspiration for the Cambridge MBA
re-organise and re-focus the Marketing
receptions around the world, and carry
is clear. We want to be acknowledged
and Admissions function at the School,
our extensive database-driven direct
by applicants, alumni, corporate
and now have a strong, professional
marketing campaigns which have been
recruiters and the wider University as
team with strengths in print and on-line
especially successful.
world-class in terms of the experience
advertising, web design and
and the opportunities which follow.
management, promotional event
awareness of the programme amongst
organisation and database-driven direct
our target audience has almost doubled
marketing.
– this year we received 11,500
And we have been making considerable progress towards this goal, especially over the past couple of
The team has succeeded in
As a result, in the past two years
programme enquiries compared with
years. The Economist, in its most recent
increasing visibility of the programme
6500 in 2004. At the same time, the
ranking of MBA programmes,
across the world, especially amongst
quality of applications to the programme
commented on our excellent
potential candidates and corporate
has increased year-on-year – the
performance as follows: ‘Having begun
recruiters. This year we have a
average GMAT amongst applicants is
in 1990, the University of Cambridge’s
beautifully re-designed MBA brochure.
now 40 points higher than three years
MBA programme might be considered
Many of you have commented on the
ago!
something of an upstart. But it seems
increased advertising and editorial
only a matter of time before it is routinely
exposure we now have in leading
Challenges
mentioned alongside the world’s best.’
international media, especially The
But in spite of the fantastic progress we
Economist, Business Week and the
continue to make, we are constantly
Financial Times, as well as key national
reminded that the ambition we all have
But we still have some way to go, and we need your support to get there.
and industry-specific journals. Our
for the programme presents enormous
Clarity of ambition
online presence is especially strong, and
challenges for the Marketing and
The clarity of our ambition has really
over the past three years we have
Admissions team.
helped us mobilise and target marketing
tracked a significant increase in traffic to
resources over the past few years.
our web pages from external sites. We
recognised amongst the ranks of the
Since 2002 we have worked hard to
also attend numerous MBA fairs and
leading MBA programmes is not easy.
To break into, and be consistently
The market in which we compete is heavily reputation driven – the ‘best’
leading programme. Also, we would love to see you at any
real pleasure to be able to meet so
21
many of you who generously give up
schools are able to attract the ‘best’
of the MBA fairs / receptions we attend
your time to help us as we travel to
students which attracts the ‘best’
– we assiduously contact everyone we
promote the Cambridge MBA across
recruiters which reinforces the school
know living locally when we carry out an
the world. We are really pleased at the
reputation etc, etc. And whilst having a
event, but sometimes the information
progress we are making, but we
great university reputation, the MBA
we have on your whereabouts is not up-
continue to need your support. Please
programme is still relatively young, and
to-date (please do try to ensure we have
do not hesitate to get in touch with me
in the eyes of many, unproven – our full-
your current contact details, which you
(s.learmount@jbs.cam.ac.uk) or any
time one year MBA was launched in
can update yourself on the CJBSN
member of the marketing team
1998.
website).
School alumni can do a tremendous
(mba-marketing@jbs.cam.ac.uk) or
And you can help identify prospective
alumni team (alumni@jbs.cam.ac.uk)
amount to help us overcome such
MBAs who are currently working in your
with offers of help, advice, feedback or
challenges. For example, many of you
organisation – the majority of
recommendations.
will already have been asked to meet
candidates who have been
and/or speak to prospective
recommended to us by alumni do
candidates. Rest assured, this is the
ultimately join the programme. You can
most important thing you can do to help
provide us with market / industry
The opportunity to hear
us – for an MBA candidate who holds
intelligence. You can speak to local and
from someone who has
offers from INSEAD, Wharton and
international media about the MBA. You
experienced our MBA
London Business School as well as
can participate in rankings and surveys.
firsthand is invaluable, and
Cambridge, the opportunity to hear
The list goes on...
more often than not will
from someone who has experienced
As a Cambridge MBA myself, I am
persuade applicants to join
our MBA firsthand is invaluable, and
very proud to be leading such a
us in preference to any
more often than not will persuade them
fantastic team dedicated to the
other leading programme.
to join us in preference to any other
marketing of the programme, and it is a
Alumni In action In 2006, over a third of the Cambridge MBA Global Consulting Projects were sourced from our alumni. A project with BlackRock Inc (formerly Merrill Lynch Investment Managers) is
Team spirit
just one example.
22
Cambridge Judge Business School
The practical experience
Network is a rich community that thrives
Cambridge MBA Desmond Cheung
on the interaction between alumni,
reflects “The real-time change of the
students and faculty. Projects are just
project focus marked the landmark
one way in which our alumni can actively
merger in the fund management
participate in the life of the School.
industry, so this was a great project to be involved with. It was more than just a
The challenge
textbook study of mergers and
Anthony Biddulph, Relationship
acquisitions – we were able to talk to
Manager at BlackRock Inc, and
people from different functions across
Cambridge MBA 1999, originally
the company and get a real insight into
introduced a team of five MBAs to the
how this merger impacted on people,
company to undertake a review of the
both personally and professionally.”
insurance market. However, the scope changed significantly when in February
A different perspective
2006 the merger of Merrill Lynch
“Our team was from a diversity of
Investment Managers (MLIM) and
cultures and working experience and
BlackRock was announced. The team
this was really valuable. As we weren’t
of five MBAs – Desmond Cheung, Jared
all from finance backgrounds, we didn’t
Moon, Noelle Dyer, Guillem Bonavia and
fixate on the nature of the finance
Sergio Rodas – were asked to refocus
industry, but instead were able to look at
their efforts onto best practice in merger
the merger from a number of different
deals and were quick to respond to the
perspectives. We were able to present
challenge.
Working with our students through projects is a great way for alumni to re-connect both with the School and with the latest developments in management research and practice
23
an independent view of how the merger
Research projects
New opportunities
processes could be improved, which
Based on the success of the project,
Working with our students through
helped inform MLIM’s communication
Anthony Biddulph introduced Desmond
projects is a great way for alumni to re-
with BlackRock Inc.”
Cheung to the New Energy Team at
connect both with the School and with
MLIM, who asked him to undertake
the latest developments in management
A flexible approach delivering
some research for them on the
research and practice. We are always
valuable results
investment potential and opportunities
interested to hear from our alumni with
The project sponsor at MLIM, Andrew
in the renewable energy sector in China.
new and challenging project ideas.
Cummins comments, “The
Desmond chose to do this for his
Together with our students, you are
announcement of the merger meant a
individual project and worked on it over
helping us to build an enviable
reprioritisation for us and a change in
the summer. Anthony Biddulph says of
reputation for delivering results of real
scope from our initial discussion. The
Desmond’s final presentation, “We were
and lasting value!
team showed great flexibility in
all incredibly impressed with the quality
accommodating the change to the brief
and detail of his work and the
For more information on how you can
and our busy schedules, and worked
usefulness of his output. In particular,
work with us, see our website
with real enthusiasm and commitment.
we were impressed by his tenacity in
www.jbs.cam.ac.uk/projects or
Their deliverables were professional and
visiting the remote Xinxang province of
contact Margaret O’Neill, Student
well researched, with recommendations
Western China and somehow getting
Projects Manager to discuss
we were able to implement – we were
access to senior management in an
potential projects.
extremely happy with the quality of the
important company where we, with all
Email m.oneill@jbs.cam.ac.uk or
work delivered to us in such a short
our contacts, had failed!”
telephone +44 (0)1223 764294.
period of time.”
Alumni In action
How alumni help to create virtuous circles for MBA Careers
24
Most recently alumni contributions helped ensure the success of our new ‘case study boot camp’ for aspiring consultants.
The MBA Careers Service team has
relationship between MBA Careers and
the quality of our service provision; to
made great progress in ensuring MBA
alumni when they go into their new
when they become alumni, our most
Careers becomes more deeply
positions and organisations. The
valuable assets and powerful advocates
embedded within the MBA as a whole,
number and calibre of recruiters wishing
for our Programme.
as well as putting Cambridge on the
to develop relations with Judge
map with key global recruiters as a
Business School and come on-campus
you, our alumni, we are able to create
choice Business School for the
is growing year on year and the number
many examples of ‘virtuous circles’
recruitment of high potential talent.
of Judge MBAs obtaining multiple offers
when, for example, you facilitate your
Alumni have paid a key part in growing
in global blue-chip, not-for-profit and
organisation’s involvement in
this reputation.
entrepreneurial organisations is also
Cambridge MBA projects. This
Amongst many notable
Particularly through our work with
steadily increasing on an annual basis.
sometimes leads to organisations
developments has been the recent
Cathy Butler, speaking on MBA Careers
spotting high performers and resulting in
moving of the MBA Projects area, led by
strategy said:
their eventual recruitment. Other
Margaret O’Neill, to become part of the
“What has probably driven our
collaborations we have been
Careers team. This has strengthened
strategy for improvement as well as our
exceptionally happy with include alumni
and leveraged the natural links between
aspirational vision for the future most,
on-campus activities such as sector
MBA Projects (often sourced via alumni)
has been our focus on the importance
specific alumni Q and A panels. Most
and MBA Careers for the benefit of MBA
of MBA Careers throughout the student
recently, alumni contributions helped
students on the Programme.
value chain, from the start of the circle at
ensure the success of our new ‘case
admissions stage where our careers
study boot camp’ for aspiring
measured through evaluation statistics
reputation is critically important; through
consultants in the incoming MBA class
amongst MBA students from the past
the MBA Programme itself where we
during Orientation Week to prepare
couple of years have strengthened
enable our students to decide their
MBAs for the early consultancy
considerably, thus ensuring a closer
career goals and achieve these through
selection processes. We are
Satisfaction levels with MBA Careers
Student life The MBA Tournament Paris, May 2006
increasingly acting on your behalf in a
As with a lot of things, you can
‘head hunting’ role to help you to recruit
only start evaluating and
to specific positions within your
reflecting on the past when the
organisations as well as working with
pressure is off and time is an
and through you to talk to influential and
abundant resource again. With my
senior recruiter contacts within your
new working life in London following the
organisations.
MBA, I can now look back at my time at
From our side, we have been pleased
Cambridge and reflect on the various
to meet some of you in your workplace
elements that made up such an action
as well as to ‘activate’ some alumni
packed and energising MBA
networks within organisations in order
programme! Juggling MBA
to introduce you to other Cambridge
requirements, College events and social
MBA alumni, often in other locations,
occasions has had a profound impact
participants put on a show which lead to
with whom you might not yet have been
on me and brought me what was
success and medals! After fierce
in touch. Finally we are happy to have
possibly the best year of my life to date.
competition we won a bronze medal at
helped, both at a distance, or in person,
However our action packed year was
the men’s beach volleyball and a gold
a number of alumni at a crossroads in
not only academic work; as social
medal at shot-put. And, in true
their careers with advice, coaching,
aspects formed an important part of the
Cambridge style, our men’s rowing
guidance and sometimes headhunting
MBA programme too. The incredible
team secured the gold medal in their
to specific positions. We highly value our
social and networking opportunities of
discipline. Competition continued on the
alumni network and are exceptionally
an MBA programme are generally
sidelines with supporters rallying their
grateful for the virtuous circles you are
acknowledged to be one of its valuable
teams through songs, costumes and
helping us to create and maximise for
benefits. And rightly so! Along with the
music. In the end, of course, the
the benefit of our MBA Programme and
various pub nights, sports matches and
tournament was about sharing
our reputation as a growing top
social gatherings, the MBA 2005 class
experiences, getting to know people
Business School.”
took part in a social event that reached
and having a great time with class
far beyond the borders of Cambridge.
mates and peers.
For more information contact Cathy
The MBA Tournament – a three day
Combining the multi-cultural and
Butler, MBA Careers Director:
sports, social and networking event held
international experience of the
c.butler@jbs.cam.ac.uk
in Paris and organised by the HEC
Cambridge MBA with the opportunity to
Telephone: +44(0)1223 339644
Business School in May – brought
see how people at other schools
together MBA students from 13
interact and cooperate, was beneficial
European Business schools to compete
and enriched the Cambridge experience
in over 25 sports, ranging from football
enormously.
and tennis to petanque and ultimate frisbee. With 65 participants, the Cambridge
The MBAT gave us all the opportunity to add an additional layer to our networking and has taken a very special
MBA team was one of the smaller teams
and distinctive place in my own
of this year’s tournament, although it
Cambridge story. I’d encourage every
soon became apparent that, as is true
MBA class at Cambridge to participate
for many things in life; size does not
in this extraordinary event.
matter in MBA sports contests! Dressed
Jasper Nelissen,
in distinctive Cambridge blue the Judge
MBA 2005
25
Network roundup Connecting alumni around the world
MBA 2004 Reunion The first MBA 2004 reunion was held at beautiful Adare Manor in the west of Ireland the weekend of 29th September 2006. 22 classmates, partners and babies travelled from all over the world to spend a weekend at one of the nicest resorts in Ireland. We ate and drank, saw the
Cliffs of Mohr, and had a great time. At the end of what seemed like a very short weekend, we were talking about the next reunion in six months time in.... who knows? Maybe Peru?!? Patricio? Here’s who was there: Martin Andersen and Stine, Jason Cook, Azure and
Emelyn, Helen Ervin, Robbie Fleming, Edwina and Diarmuid, Nick Heller, Gail Kittikachorn, Manu Legein, Kasper Lou and Katja, Alexander Maurer, Hendrik McDermott, Isabell Moessler, Angela Ogier and Adrian, Kurt Shuster, Phillip Smart, Stephanie Snyder.
Cambridge Alumni Banking & Finance networking takes off in London 26
Since April 2006 Cambridge alumni working in the London financial services sector have had a lot to cheer about. Over the last six months quarterly networking events have been held in a private room at the historic Old Bank of England pub on Fleet Street. Just down the road from St Paul’s, and opposite the oak-panelled Hoare’s Banking Hall dating back to
1672, London-based Cambridge graduates have been getting to know each other a little better. Successful events were held in April, June and September, with much exchanging of gossip and business cards. In April the talk was of the market correction in global stock markets and whether this was a ‘dead cat bounce’. Meanwhile in September,
NYC Alumnight The newly formed New York City branch of Judge Business School alumni network convened for the third time in early October. Seven proud alumni met at the Brass Monkey in the West Village to drink, reminisce and to network. The members of the branch were delighted to welcome one out of town (and country) guest, Natalia Snimshcikova of London (MBA 2004), who was in America for the first time on
business. The group looks forward to meeting again at the end of November when Arnoud De Meyer, Director of Judge Business School is in town. Participants of the event: Dan Cohen (MPhil 2000), Helen Ervin (MBA 2004), Ryan Kedrowski (MBA 2004), Carol Ng (MBA 2001), Becky Schutt (MBA 2004), Natalia Snimshchikova (MBA 2004), Emmanuelle VernhesKoudella (MBA 1999).
the gossip focussed on the much-publicised losses at the Amaranth hedge fund after extremely rare fluctuations in natural gas prices. Around 200 Cambridge alumni working in investment banks, professional services firms, hedge & private equity funds, retail banking and wealth management are members of the group. Employees from prestigious
firms – such as Rothschild's, UBS, Deutsche Bank and Lehman Brothers – jostle with those from ambitious start ups and niche players. Attendees from all age groups are represented, from recent BA, PhD, MBA and MPhil graduates through to alumni of many years standing. In addition to the social aspect of the network, it acts as a convenient way to tap into
Cambridge-educated talent. The group’s distribution list is used by hiring managers to advertise job vacancies and find out about exciting jobs that are available for those seeking to move. Cambridge graduates who are interested in joining this network and receiving invites to future events should email alumni@jbs.cam.ac.uk
Keep up to date with news and events from across the alumni community by logging onto the Judge Business School Alumni Network community website – connecting alumni around the world.
Cambridge Alumni attend China Business Forum, Beijing A Business Forum of Cambridge Alumni in China, initiated and organised by Mr. Guoqiang (Rich) Hou, MBA 2004, was successfully held in the Oriental Garden Hotel in Beijing on 26th August 2006. 60 Cambridge Alumni and some distinguished Chinese media attended the forum. Cambridge Alumni in China spent much time planning this unique networking event to ensure that it had both an engaging theme and would be of interest and relevance to all participants. The purpose of the event was to explore and discuss the important issues of the modern Chinese economy, China’s relations with the rest of the world, and to give the participants an opportunity to network and share knowledge. Particular thanks go to Dr Simon Bell, Dr Pei Sun , Dr Fu Xiao Lan, Dr Jiandong
Wen and Dr Keith Goodall for their support. Thanks also to Professor Sandra Dawson for her warm letter of encouragement and congratulations. The forum was opened by Dr Gong Li, Managing Director of Windows Live and Vice President of Microsoft China Research and Development Group. Dr Li is the oldest Cambridge Alumnus in China and his welcome speech received rapturous applause. Six distinguished guest speakers contributed to the event, including Cambridge Alumni Dr Wu Qing from China Securities Regulatory Commission; Dr Ma Xutian from Industry and Commercial Bank of China; Dr Sun Pei, from Nottingham University; Dr Wen Jiandong from the State Administration of Foreign Exchange; Dr Wu Qijin from China Machinery Industry Federation and Ms Tong Jingjing from China
MBA 2003 meet up in Mexico The 2003 MBA class was on vacation in Mexico during late May and early June this year. Ten alumni visited Mexico City, the largest city in the world, and travelled to Playa del Carmen, a beautiful exotic beach in the Mexican Caribbean Sea. Whilst in Mexico, the group had the opportunity to catch up on everyone’s activities and news over lots of spicy food, accompanied by Mariachi music and salsa dancing,
and of course the obligatory tequila. MBA 2003 look forward to meeting up again in another country in around April next year. Participants in the event: Dominik Wiener, Fabio Silva, Clare Winterton, Mark Wadeley, Joana Meireles, Afonso Castro, Caroline Doyle, Yan Qiu, Anna Tsai, Wee Tak Ng, Antony Ritch, Adam Scott, Ashley Malster and Jesús Rocha.
Minsheng Banking Corp. Topics ranged from bank reformation and M&A in China, to the problems of financing start-ups. A pool of Cambridge Alumni attended the CACBF (Cambridge Alumni China Business Forum) event, with representatives from all walks of life in China, including banking, security, cultural exchange, consulting, media, real estate, universities, energy industry, law firm, foreign investment banks as well as governmental offices,
making this event a unique networking occasion. CACBF offers unparalleled opportunities for those who take great interest in understanding the interaction and interdependence between China and the rest of world, for those who want to explore business opportunities in China or who want to attain a broader view of the global business environment in China.
Enrich your network experience The successes of the Banking and Finance Group in London and the events organised by Rich Hou in China and Becky Schutt in New York demonstrate that there are now a number of people within the Cambridge Judge Business School Network (CJBSN) who are motivated to want to organise themselves to meet for both social and formal events. Many of the official Judge Business School Alumni events are held in either Cambridge or London and we realise that this can be frustrating for those members who are not located there. CJBSN has such a diverse membership, located throughout the world with interests, experience and aspirations in all types of areas, offering excellent opportunities for more dynamic networking. We want to encourage and support the trend to enrich the network experience. If you would be interested in forming or attending local or special interest groups, or organising events, then please do not hesitate to contact us on alumni@jbs.cam.ac.uk We would be delighted to help make your event a success and look forward to strengthening the network and community at all levels.
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Classnotes Recent promotion? New arrival? On the move? We are delighted to receive news from across Judge Business School’s global community. Email alumni@jbs.cam.ac.uk to share your classnotes in the next edition. Edin Agic (MPhil Management Studies 2003) is currently on a Fulbright Research Fellowship in NYC, tenured at Pace University, to last for a full academic year from September 2006 until July 2007. Hedin’s research will centre on the issue of branding places and countries.
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Benoit Allehaut (MBA 2000) “Greetings from Stamford, CT! Still working in renewable energy having first moved to Schenectady, NY to the new GE Wind HQ and less than 12 months later packing up again and this time settling in cosy Stamford, CT. I now work in the renewable energy team of GE Energy Financial Services. Our team underwrites structured equity in project finance deals. This means that I spend 80% of my time on financial modeling and the rest on term sheets and legal review. We are living one hour north of NYC so let me know if you are relocating to the NYC area or just visiting. Best to all!”
Andrew Brant (MBA 2000). “It has been quite a year. I got married to Julia, in London in August and we held it in the centre of London in the peak of summer, great stuff. After a fabulous honeymoon in Sardinia and Ravello we moved to New Zealand, Wellington no less. I finally finished my PhD and have taken up a consultant specialist job in respiratory and general medicine at Wellington Hospital and senior lecturer at the University. Nice to move into a house with a bit of space and view of the harbour, so all welcome to come and visit.”
Christian Bunke (MBA 2000) is back working with Intellectual Property with CPA and is now looking after the IP admin offshoring services for Europe. Together with Andy Brant (now NZ) and Justin Hayward, Christian joined Karl Paulins to watch England vs Paraguay in the World Cup this summer.
Christina Carrasquero (MBA 2000). “We’re still in Barcelona but actually we don’t know if we’re going to end up here. Jorge is doing strategic consultancy based here but there’s a possibility that we have to move to Andalucia either Sevilla or Jerez. In the meantime, I continue with my job at IESE business school doing research in the Economic Department. If anyone comes to Barcelona, please let me know – I hope to see you soon!”
Amelia Dunlop (MBA 2003) is now the proud mother of a nine month old son, Cole Augustin Krivak, born February 22nd 2006. At the end of November, after over 20 years in consulting, George Elkington (MA 1982) is ‘retiring’ from the partnership at Deloitte to start his own business. ‘GreeneDot’ will provide software and services focused on reducing identity and CV fraud. The initial offering is based on individual
verification and has been proven through 1.5 million checks over the past five years. Future developments are planned to add biometric testing (for example fingerprint and voice pattern recognition) to complement existing validation processes based on information from the electoral roll, leading credit agencies, educational establishments, previous employers and personal referees. George is married with 2 young children and lives in South Oxfordshire. Payam Eshraghian (MBA10) has recently joined CTG, a consultancy for energy efficiency and environmental sustainability in buildings, and a global leader in LEED-based sustainability standards in California. It is a relatively new company, but seeks to expand globally, and is especially keen on opportunities in the Chinese market. CTG is a premiere member of the US Green Building Council.
project and then moved to Evraz Group, the largest Russian steel maker, to head the finance of a coal mine project in Yakutia. He is now in Siberia working for a leading regional retail chain.
Paul Gorsuch (MBA 2000) reports he left Norwich Union earlier this year and over the past six months has enjoyed time working as a volunteer in a Colombian children’s orphanage, has travelled extensively and has also squeezed in a little consultancy work. Now working as Bursar at Bradfield College in Berkshire and would welcome a beer or three anytime people are passing nearby!
Felipe Fuentes and his wife Ximena (MBA 2003) have just had their first baby. Sofia (a girl) was born in Santiago, Chile on the 26th September 2006. Alexandre Folei (MBA 2000). After Cambridge Alexandre landed a position as a FD on a gas pipe mill
Log onto www.alumni.jbs.cam.ac.uk to update ‘My Details’ and add a photograph to your profile.
Kenji Hayashi (MBA 2004) would like to share his happy news with his classmates. His spouse Shiho gave birth to a baby girl, called Ami in late July 2006.
Justin Hayward (MBA 2002) married Diana on 1st July in Kings Chapel in Cambridge. They are now expecting a baby boy. Karen Hicks (MBA 2000) “Life in Congo is extraordinary. I am travelling constantly with my work to assist mining companies with negotiations with illegal miners occupying their sites. It’s daunting work, especially considering the numbers (sometimes over
5,000 miners in a small area) and the volatile, hostile nature of these communities which are often controlled by current or demobilised military, deserters or illegal traffickers. I am also very occupied with working on other security issues and facilitating practical training for companies to integrate human rights into their policies and practices. I’m coping well with occasional
arrests, confiscation of my passport, and an utterly erratic electricity supply. Very, very best wishes to you all!”
Ryan Kedrowski and Jennifer Killmer (both graduates of MBA 2004) are currently planning their wedding in South Florida, 23rd February, 2007. They now reside in Brooklyn, New York, where Ryan is an IT Project Manager for Major League Baseball, and Jennifer is a Marketing Director at Kaplan Test Prep.
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Three years
02
on – MBA 20
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Kata Kentaro (MBA 2000). “I moved to Paris in April this year, where I am still with the same company (BCG) as in Tokyo... I am very much enjoying the Parisian life. I recently became a father to our first son Elio who was born on the 9th October. As I am now quite close to Cambridge (compared to Tokyo at least!), I do hope to catch up with many of you more often – unfortunately, it has not been the case yet. Please do let me know when you come to Paris, let’s do a couple of beers even though there aren’t any great pubs in this country.”
Richard McOmish (MBA 2000) and his wife Caroline moved, with their son Toby, ‘Down Under’ to Melbourne, Australia in
July this year. Happily settling into the Melbourne lifestyle although misses Tesco and the general buzz of the UK! Arthur Meadows (MBA 2000). “I left the start-up, Midentity, that I cofounded at Christmas last year. I took a sabbatical for three months – I spent a couple of weeks in Japan, where I stayed with Kentasan – prior to his relocation to Paris and we organised a Japan CJBSN event: Since then, I have been doing some consultancy to a Londonbased VoIP company (a blend of Skype and Vonage). At the end of September (actually Alumni weekend!), I married my girlfriend of three years, Ailish, in Cambridge with the reception at Queens’ College. Kjell was one of my best men with Jochem, Christian, Jose & Milly also in attendance. Immediately after our honeymoon, we moved to San Diego, to where Ailish’s job transferred in August and l am looking to re-join the internet / mobile sector. We’re loving the weather – and anticipate
lots of visitors! If anyone is holidaying or conferencing down here in Southern California, do stop by!”
Vinod Paranthaman (MBA 2000) reports that he is still in Chennai (Madras) and welcomes any of his classmates should they be visiting the region. “I am in textiles in the manufacturing side and my work mostly involves sales. It’s a competitive market but the growth opportunities are plenty.”
Elisa Peterson (MBA 2002) gave a birth to her first child, a daughter, Calliani Nicole Peterson, who was born in London on the 9th September 2006. Elisa, her husband Ben and their daughter moved to Cairo on 15th October, for an expatriate position for Ben lasting three-four years. They would be delighted to host any friends visiting Egypt.
Congratulations to Nick Milnes (MPhil in Finance 2005) who was appointed as a Large-Buyout Analyst at Adveq, an independent Swiss-based Private Equity Fund of Funds. Karin Niespor (MBA 2000). “I am still working for Deutsche Telekom as Senior Project Manager. I work and live in Darmstadt (about 35 km away from Frankfurt/ Main). Still enjoy singing and listening quite extensively to opera and theatre.” Rogerio Citro de Oliveira (MBA 2000) is now working with Business Development for a company called Safelayer – a company that develops a digital identity and certificates software platform.
Karl Paulins (MBA 2000) moved from Stockholm to Oslo in August, and is now Managing Director of DHL Express Norway. Met up with Justin, Andy B and Christian for the opening England game at the World Cup.
Amy Pflueger (MBA 1995) is currently Associate Director of Procurement at Genentech, Inc. in San Francisco, CA which is a Biotechnology company. She has been at Genentech for two years and prior to that worked at Johnson & Johnson and PricewaterhouseCoopers in Singapore and Hong Kong after graduation. Amy recently completed a three week safari in Kenya and Tanzania with a side trip to Seychelles.
Looking for classmate contacts or alumni in a particular region? Log onto www.alumni.jbs.cam.ac.uk
During August whilst on holiday William Plant (MA 1972) visited the MBA competition – Harvard University – with his wife Penny. Inspired by the surroundings William decided on his return to the UK to embark on some academic research of his own and has set up his own business ACS Performance Consulting. This is a complete change from his most recent job as CFO for Oracle Corporation in Europe, where he spent 44 quarters.
Jolyon Ridgwell (MBA 1999) was promoted to the position of Director at Lighthouse, the management consultancy that specialises on addressing strategic marketing issues for professional services firms and financial services companies. His wife Isabelle gave birth to their second child, a baby boy, called Oliver on 21st June 2006.
Nik Rouda (MBA 2005) has joined a Cambridge based start up, AlertMe.com, as VP of Sales & Marketing. The company has won a significant grant for ‘proof of concept’ market research from EEDA and is due to launch its first consumer product in early 2007. AlertME.com is currently recruiting staff to join their team. Interested alumni please contact Nik Rouda at nrouda@gmail.com. Arshad Saeed (MBA 2000) “Life goes on at a moderate pace in Saudi Arabia although I recently had a lateral move within the organisation and am now responsible for sales, distribution and marketing of the Unilever portfolio. My daughter is getting married in Toronto next July so do let me know if you will be in Canada around that time – it will be my pleasure to meet and invite you to the wedding.”
to search the member’s directory.
Nicholas O’Shaughnessy (PhD 1999) is becoming Professor of Marketing at London University from 1st of January 2007. He also was recently elected Quondam Fellow of Hughes Hall Cambridge. In 19892000 Nicholas was University Lecturer in Marketing at Judge Business School. Christopher Smith (MBA 1995) has recently launched EquityScout.com, subscription-based online software which enables investors to evaluate the potential risks and rewards of real estate investment opportunities. Christopher is the founder and Managing Director of EquityScout.com and its parent company Paladin Equity LLC.
Talbot Stark (MBA 1992) was promoted to Global Hedge Fund Relationship Manager – across Fixed Income, Equities and Commodities for BNP Paribas. He will work in London with HFRM teams based in New York, London and planned for Hong Kong in 2007. BNP Paribas is a global leader in Derivatives and continues to expand its strategic relationships with hedge funds. Talbot had a second son on 16th September 2006 – Luke Talbot Stark. Joseph Jr Tay (MBA 2000) recently took on a marketing manager position in San Miguel Corporation, an AsiaPacific food and beverage conglomerate and spends half his time travelling around North China, with the other half in Manila. Happy to meet up with anyone visiting Beijing.
Nesli Tezgoren (MBA 2000) is still living in Canary Wharf, working for HSBC in project finance with a commute time of 10 minutes on foot. Expecting a baby girl (Alessia) in the first week of January. “MBA days seem long gone now, but I still remember the wonderful Cambridge experience and the friendships we have made very well. Missing you all.” Deborah Warburton (MBA 2000) “I am still a consultant with Egon Zehnder, which is proving to be my dream job. Progression to partnership has been slowed down by two periods of maternity leave, but things are going in the right direction. John has just changed jobs, still with Allianz, but now as head of strategy, and very much enjoying it. In fact he has just recruited a Judge MBA 2003 into his team”.
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