2009 Network (Spring)

Network Spring 2009

Turbulent Times Trading Hormones Risk-taking on the trading floor

A Bitter Pill to Swallow Taking the trauma out of redundancy

Judge Business School Alumni Community Magazine

Grand Reunion Weekend Celebrating 20 years at the heart of Cambridge

Director’s message These days all of us are preoccupied with what is going on in the international economy - preoccupied with how events of today will impact on our personal and professional lives of tomorrow. While I am writing to you I am listening to what commentators have to say about the outcome of the recent G20 meeting.

I can spot a glimmer of hope in their comments, but we can all appreciate that economic difficulties will be with us for quite some time to come.

I am often asked whether I consider business schools to have some responsibility for the economic downturn. I am also asked what the crisis will do to Judge Business School. Well, I do think that business schools have a need for a period of introspection. I believe we all had become too focused on business and paid insufficient attention to the integration of business in society. Many of the current challenges in the business world, e.g. sustainability, the ethics of incentive and payment systems, globalisation and the shifts in economic power, the implementation of disruptive innovation or coping with cultural diversity in our workforce, are issues that require answers that go beyond the narrow discipline of business administration. Only interdisciplinary research can help us to find the right answers. Perhaps we also need to be a bit more radical and critical in our research endeavours. Many researchers in business administration had in my view become complacent about our business and economic models and were simply not challenging the common wisdom and experience.

I am pleased to say that Judge Business School is very well placed to help you in coping with these interdisciplinary problems. Our position as a business school ‘at the heart of Cambridge’ helps us to work closely together with colleagues in other departments in the University and with entrepreneurs in the Cambridge Fen. The more we can leverage these partnerships, the better we will be placed to help business.

Welcome

Cover Stories

02 Director’s message

The economic downturn has also some immediate effects on the School. Applications for our degree programmes are up significantly, and the geographic and sectorial diversification on our small portfolio of executive education programmes enables us to predict robust growth for this academic year but we do know that our graduates will face an uphill battle in finding their ideal job. We and they count on you, the alumni network and the friends of Judge Business School, to help them in finding leads and opportunities where they can deploy their talent and experience. Indeed I must thank those of you who supported the recent careers alumni speed-networking evening in central London – another quality occasion with supportive alumni at its core.

04 Traders should track their hormones Risk-taking on the Trading Floor by Dr John Coates 06 School news round up

Are testosterone and cortisol to blame for risk-taking on 04 the trading floor?

With busy lives and challenging times, we must not forget to maintain and nurture our networks (see page 18). I look forward to meeting you at the various alumni events scheduled for the coming months, not least our 20th anniversary event in June – a fantastic opportunity to revisit Cambridge and join together for class reunion.

10 A bitter pill to swallow Dr Philip Stiles discusses how redundancy can be made less traumatic 14 Cambridge celebrations Join Judge Business School 20th anniversary celebrations at the inaugural Alumni Grand Reunion Weekend. A notable celebration in the University of Cambridge’s 800th anniversary 18 Networking for success Interview with recent alumna Dr Jenny Dean and her approach to successful networking 21 Alumni advisory council Introducing the International Alumni Advisory Council - its members and its work

A bitter pill to swallow

22 Getting to know your global community Profiling alumni in the network

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Professor Arnoud De Meyer Director, Judge Business School

24 Student news 27 Network roundup 28 Classnotes 31 Alumni class ambassadors Reconnecting class groups with the School and each other

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Cambridge celebrations Network Spring 2009 I 02

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Opinion Risk-taking on the Trading Floor

Traders should track their hormones Dr John Coates, Senior Research Fellow in Neuroscience and Finance at Judge Business School, University of Cambridge, previously ran a trading desk for Deutsche Bank.

His study, “Endogenous steroids and financial risk taking on a London trading floor,” has been published in the Proceedings of the National Academy of Sciences.

In this opinion piece for Network, he talks about how much of an impact hormones have on the trading floor.

Alan Greenspan, the former chairman of the US Federal Reserve, once lamented that economics will never have a perfect model of risk. The problem, he said, is that economists cannot fathom the will o’ the wisp of market sentiment. Yet today, neuroscience and endocrinology may help us understand these troublesome spirits. For the waves of irrational exuberance and pessimism that destabilise the financial markets may be driven by naturally produced steroid hormones.

Are testosterone and cortisol to blame for risk-taking on the trading floor?

Steroids such as testosterone and cortisol affect our moods, memories and behaviour.

Testosterone, for example, surges in males as they prepare for a competition, and continues to rise in the winner while falling in the loser.

The winner, primed by elevated testosterone, experiences increased confidence and risk-taking and this improves his chances of winning again, leading to a positive feedback loop termed the “winner effect”.

However, at some point in this winning streak the elevated steroids begin to have the opposite effect on success and survival. Animals experiencing this upward spiral of testosterone and victory have been found after a while to start more fights, to neglect parenting duties and to patrol larger areas, all of which leads them to suffer an increased predation.

As levels of testosterone rise, effective risk-taking gradually turns into dangerous behaviour.

Could this upward surge of testosterone, cockiness and risky behaviour also occur in the financial markets? This was a question I asked while working on Wall Street during the dotcom bubble.

Many traders at this time displayed manic behaviour and a sense of infallibility. Equally telling was that women appeared relatively unaffected. Both facts implicated a chemical such as testosterone.

Returning to Cambridge, I, with a colleague’s help, sampled testosterone and cortisol from a group of male traders in the City of London. We found that a trader’s daily testosterone levels were indeed higher when he made an above average profit. We also found that the higher a trader’s morning testosterone, the more money he made that day. This effect was most pronounced in experienced traders.

Cortisol, a stress hormone, told us a different story.

When reacting to a challenge, cortisol slows down long-term functions of the body, such as digestion and reproduction, marshals glucose for immediate use and promotes an anticipatory arousal. Cortisol reacts with particular force under conditions of novelty and uncertainty. We found that cortisol rose with the variance of the trader’s profits. It also rose in lockstep with implied volatility in the options market, raising the intriguing possibility of a biological substrate for the derivatives market. Cortisol was preparing traders for an impending market move; like testosterone, it was highest and most volatile in experienced traders.

They appear cool and unemotional, but beneath the poker face is an endocrine system on fire.

“Cortisol and testosterone, it appears, are the chemical messengers our bodies use to signal economic risk and return.

Moderate levels of steroids prepare traders for taking risks, but higher levels can impair judgment. If testosterone continued to rise it could, by fostering over-confidence and risk-seeking, lead traders to make irresponsible trades.”

Testosterone is likely to rise in a bull market, increase risk and exaggerate the rally. Chronic cortisol exposure, on the other hand, promotes feelings of anxiety, a selective recall of disturbing memories and a tendency to find danger where none exists. Cortisol is likely to rise in a crash, make traders dramatically and perhaps irrationally risk-averse, and exaggerate the sell-off.

In the present crisis, traders, exposed for months now to the noxious effects of cortisol, may end up in a psychological state known as “learnt helplessness”.

As a result they may become price insensitive, blunting the instruments of monetary policy. A better model of risk, it seems, would ask questions about the physiology of investors, not just their rationality.

For example, if bubbles are amplified by a testosterone feedback loop, does this mean they are largely a male phenomenon? Would a greater presence of women and older men in the markets help stabilise them?

If risk preferences are determined in part by hormones, then a risk reduction strategy for banks might entail diversifying the endocrine profiles on their trading floors.

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Dr John Coates, Senior Research Fellow in Neuroscience and Finance at Judge Business School

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www.jbs.cam.ac.uk/research/associates/coatesj

This opinion piece has also been published in The Financial Times (14 April 2008).

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School News Round-Up

Bringing the walls of Judge Business School to Late last year Judge Business School welcomed artist Kevin Brown from San Francisco, who travelled to Cambridge in order to hang his painting “Several Lost Days, 50 years later”. The painting, which is on display in the School, is part of a wider initiative to bring the walls of Judge Business School to life.

Judge Business School students debate with The Duke of York Judge Business School was delighted to welcome HRH, The Duke of York who visited the School in the autumn of 2008.

The Duke took part in a lively debate on “Britain’s competitive position in the current economic turbulence.”

Dr Richard Barker chaired the discussion which was attended by faculty, staff and current students from our MBA, MFin, MPhil Finance and PhD programmes. Several MBA alumni also attended and joined in the discussion in which the Duke spoke ardently in response to topics which included: Britain’s strengths and weaknesses, working in Britain, the financial institutions that dominate the City of London and London’s responsibility in the current financial climate.

life!

Kevin, an artist and former airline pilot for Pan Am, now paints full-time and occupies a small studio in North Beach, San Francisco.

If you’re living in the bay area and you want to visit his studio, more details can be found at www.kbrownarts.com

The MFin extends the School’s links with the financial sector The new post-experience Master of Finance (MFin) degree, launched last October, has generated a regular stream of finance professionals to Judge Business School over the past six months. Their involvement has provided a valuable and unique contribution to the programme as well as strengthening existing links that the Business School has with this industry sector.

Contributors to the MFin weekly City Speaker Series this year have included speakers from Morgan Stanley, JP Morgan, Citigroup, Credit Suisse, Permira, 3i, Egerton Capital, CQS, Derivatives Consulting Group, Alta Advisers, McKinsey, Schroders, State Street and the Bank of England.

Practitioner involvement has been integral to the running and relevancy of the programme too. MFin students have presented their equity research reports to a board of representatives from Citigroup, Newton Investment Management and Lansdowne. An equity derivatives specialist from JP Morgan and a valuation specialist formerly

from BP taught the equity derivatives and valuation courses and next term we will be joined by practitioner experts in credit derivatives, M&A and hedge funds who will be teaching electives on the course.

In addition, March saw the students commence their Group Consulting Projects with Newton Investment Management, Lansdowne Partners, Schroders Asset Management, Ecofin, Downing College and the University of Cambridge Investment group.

If you have experience in the finance industry and would like to become a part of the growing network of practitioners contributing to the delivery of the MFin then please contact Sarah Carter, MFin Manager. s.carter@jbs.cam.ac.uk

Launch of pioneering Programme for Excellence in Professional Service Firms Judge Business School is pleased to announce the recent launch of a pioneering ‘Programme for Excellence in Professional Service Firms’.

This major new initiative is designed to assist the development of professional service firm partners and associates throughout Europe. It combines the very best elements of first class academic content with practical skills and techniques based sessions, uniquely turning the concepts and ideas into specific actions that improve individual, practice and firm performance.

This year four open enrolment programmes will be delivered at the award winning Møller Centre in Cambridge; a programme specifically for law firm partners on 24-27 May and again on 13-16 September and a programme for partners from professional service firms generally, on 21-25 June and again on 1-5 November.

Commenting on the initiative, Professor Arnoud De Meyer, Director of Judge Business School, said: “For a long time we have admired the way top US business schools have led the way in providing management education for professional service firm partners; their programmes are first rate and attract professionals from around the world. In establishing a new style of open

The programmes will bring together leading business academics from the University of Cambridge, such as Professor Dame Sandra Dawson, KPMG Professor of Management Studies, and Professor David Yates, former COO of Baker & McKenzie, with top consulting professionals with a wealth of experience in providing strategic, leadership and personal advice and skills development to professional service firm leaders. Amongst those professionals on the programme’s faculty is leading consultant Rob Lees, co-author with Harvard Business School Professors Tom DeLong and Jack Gabarro, of When Professionals Have To Lead, which, since its publication just over a year ago, has already established itself as required reading for professional service firm partners.

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www.jbs.cam.ac.uk/execed/open/ suite_excellenceinpsf.html

Centre for India & Global Business is launched Judge Business School is delighted to announce the launch of its ‘Centre for India & Global Business’ (CIGB), devoted to the study of India’s leading role in the global economy, which took place during a four-day lecture tour across India in March of this year.

Professor Jaideep Prabhu, the first Jawaharlal Nehru Professor of Indian Business and Enterprise at Cambridge University, funded by a £3.2 million grant from the Government of India and Director of the Centre for India & Global Business, established with financial support from the BP Foundation, presented his inaugural lectures in New Delhi, Bangalore and Mumbai from 10-13 March 2009.

Professor Prabhu used the lectures as an opportunity to announce the Centre and its vision to serve as a collaborative platform that engages multiple stakeholders from India, the UK and other countries.

Commenting on the launch of the new Centre, Professor Jaideep Prabhu said: “India stands today at a threshold of greatness. Its young population combined with its service economy predisposes

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leadership programme, with its focus on implementation as well as theoretical insight and which offers a truly international perspective, we hope to create the basis for some healthy competition.”

it to play an important role in the global knowledge economy of tomorrow. The Centre for India & Global Business, based at Judge Business School, aims to generate cutting-edge thought leadership by bringing together business, academic and policy leaders from around the world to understand, promote and engage with Indian innovators. The Centre’s vision is to become a World Knowledge Platform for creating and disseminating cutting-edge practices and insights related to India and innovation.”

The Centre for India & Global Business will conduct research and collaborate with key partners in three areas: How and why the world’s largest multinationals are increasingly locating their global R&D and innovation activities in India and other emerging countries; how Indian firms are going global and moving up the value chain; and how firms and other organisations are engaging with those who live on less than $1 a day, the ‘bottom of the pyramid’, through innovative products, services and business models.

Professor Prabhu was joined on this tour

by Professor Arnoud De Meyer, Director of Judge Business School and the newly appointed Executive Director of the Centre for India & Global Business, Navi Radjou.

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School News Round-Up Ringing in the bells, Indian style The Vice-Chancellor, Professor Alison Richard, returned to the four Indian cities of Kolkata, New Delhi, Bangalore and Mumbai in January 2009, her first overseas visit in the University’s 800th Anniversary year.

The visit continued the conversations begun in 2008 to enhance the deepening and widening partnership between Cambridge and a diverse array of institutions in India. The programme included lectures, talks, private meetings, alumni events and a major announcement of financial support for Indian students to study at the University. Two major themes of the interactions were industry-academic partnerships and the challenges of creating sustainable environments.

Accompanied by Professor Dame Sandra Dawson, Master of Sidney Sussex College, Professor Richard rang a bell at 7.15pm Mumbai time on Saturday 17 January 2009 to ring in the 800th year, whilst they were addressing the Oxford and Cambridge Society in Mumbai.

Green Business and Green Values In February 2009, Judge Business School with its Centre for International Business and Management (CIBAM) held a two day Symposium to encourage discussion between business leaders, government, NGOs and academics on “Green Business and Green Values”.

Commenting on the event, Dr Christos Pitelis, Director of CIBAM, said: “The global financial crisis has revealed the fact that sustainability is not just an academic issue, it has real and far-reaching consequences for society. We need to learn from the financial dimensions of sustainability and change the way we do business, we need to start to value the environment. Currently, we are creating a massive ecological debt by borrowing from the future at a rate that is unsustainable. We urgently need to combine business strategy with environmental regulation. We hope that the symposium will encourage dialogue and collaborative opportunities between representatives from businesses, governments, academia and NGOs in dealing with the challenges presented by climate destabilisation.”

“The global financial crisis has revealed the fact that sustainability is not just an academic issue, it has real and far-reaching consequences for society.”

The CIBAM Global Business Symposium convenes twice a year at Cambridge. Keynote speakers are invited to address the Symposium on a matter of topical interest chosen by the CIBAM Global Advisory Board.

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www.jbs.cam.ac.uk/ research/centres/cibam Listen to our event podcasts www.jbs.cam.ac.uk/news/ podcast_centre/

The University of Cambridge is offering an exciting new opportunity to aspiring entrepreneurs to gain a recognised qualification in Entrepreneurship. The Advanced Diploma in Entrepreneurship, jointly created by Professional Studies at the Institute of Continuing Education (ICE) and the Centre for Entrepreneurial Learning (CfEL), based at Judge Business School, will start in September 2009.

Students will benefit from practical learning via experienced entrepreneurs that underpins CfEL’s teaching philosophy.

It provides entrepreneurial individuals with the chance to achieve the high quality and specific learning required for a University of Cambridge programme, at the same time as being actively supported in the pursuit of a business venture whether this is a technology, creative or social enterprise.

Applications are being taken now and prospective students are encouraged to sign up soon to secure one of the limited places on the first course. If you’d like further information, please contact Professional Studies on 01223 760860 or email profstudies@cont-ed.cam.ac.uk

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The programme is equally applicable to postgraduate students and to those currently in the workforce. It will be of interest to those responsible for developing transferable skills and to employers looking to build skills and create an enterprising culture within an established organisation.

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Judge Business School will be offering its inaugural Cambridge Executive MBA from September 2009.

The EMBA has been designed to meet the needs of professionals who choose to continue working while earning their MBA degree. It is aimed at executives with significant years of professional experience who seek to improve their current managerial skills, and to develop new skills for even greater challenges in the dynamic global economy.

Commenting on the programme, Professor Arnoud De Meyer, Director of Judge Business School, said: “The Cambridge Executive MBA builds on the success of the School’s full-time MBA, and is an exciting addition to the School’s expanding degree portfolio and an important strategic initiative. It is also a fitting contribution to the University as it celebrates its past and looks forward to many more years of educating leaders.”

Advanced Diploma in Entrepreneurship Inspiring the next generation of entrepreneurs

The Advanced Diploma harnesses all the resources, knowledge and networks built up over ten years of producing increasingly successful programmes in entrepreneurship and helping fledgling entrepreneurs develop their wings.

Executive MBA launched at Judge Business School

www.cfel.jbs.cam.ac.uk/ programmes/diploma/

Structured over 20 months, the Cambridge Executive MBA programme will be divided into five terms, with classes scheduled one weekend per month at Judge Business School in Cambridge. The classes will begin on Fridays at 1300hrs and conclude at 1730hrs on Saturday, enabling candidates to continue to virtually work full-time, as well as making the programme accessible not only to those throughout the UK, but also to individuals from nearby European counties.

The curriculum will include 17 courses covering all essential business theories and applications and will be taught by the distinguished faculty of Judge Business School. It also provides specialisation through two electives and an Individual Project.

Additionally, the programme includes an international business studies trip and a week-long Group Consulting Project.

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In September of 2008, the School opened its third lecture theatre in order to support the new MFin students and the future third stream of MBA students. The new acoustically engineered lecture theatre has a Harvard-style layout, with 90 low rake seats that surround the lecturer, enabling students to see and debate with each other. The feedback has generally been great and it is now the most popular of the School’s teaching spaces.

Congratulations to Dr Simon Taylor who has won the University of Cambridge’s 2009 Pilkington Teaching Prize in recognition of his excellence in teaching at the University. The prize of £1000 is a donation from the trustees of The Cambridge Foundation.

Dr Taylor will receive his award on 10 June at a ceremony in Murray Edwards College, Cambridge.

Congratulations to Professor Peter Nolan, Sinyi Professor, Judge Business School who was awarded a CBE in the New Year’s Honours List 2009 for services supporting British business in China and China’s integration into the global economy.

www.jbs.cam.ac.uk/programmes/emba/

School website podcasts to be archived by British Library As part of a UK initiative to archive websites of research interest, the British Library is developing a collection of sites of relevance to the current global financial crisis. Judge Business School’s website and its podcasts have been selected to be part of what the British Library believes will be a collection of lasting value to researchers in the future. Currently, Judge Business School is the only business school being archived within the credit crunch collection, which is a subset of the whole archive. www.jbs.cam.ac.uk/news/podcast_centre

Congratulations to Professor Arnoud De Meyer who has won an Outstanding Paper Award as part of the Emerald Literati Network 2009 Award for Excellence, for his paper “Technology strategy and China’s technology capacity building.”

The paper was published in the Journal of Technology Management in China and was chosen following consultation amongst the journal’s editorial team, many of whom are eminent academics or managers.

Professor De Meyer’s paper was selected as one of the most impressive pieces of work the team had seen throughout 2008.

Congratulations to Dr Jonathan Trevor who has been appointed as Academic Advisor to the Chartered Institute of Personnel and Development (CIPD).

Dr Trevor will also sit on the Vice President’s Panel on Rewards, advising the CIPD on public policy, professional standards, research, and their publication, People Management.

The CIPD is the UK professional body for human resources and is the largest management association in Europe with over 130,000 members. www.cipd.co.uk

The Financial Times once said Professor Nolan knew more about Chinese companies than anyone on earth, including China.

A Fellow of Jesus College he commented: “I am very grateful especially by the terms of the citation, which are very meaningful to me.”

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Interview Human Resource Management

A bitter pill to swallow

How redundancy can be made less traumatic

More and more companies are being forced to make redundancies as the downturn deepens. Whilst the outcome of downsizing is rarely seen as good, it can still be a success if the process is fair. In an interview with Boni Sones, OBE broadcast journalist for Judge Business School, Dr Philip Stiles gives some advice on ‘soft landings’ and how to make the process less traumatic for both employees being made redundant and for their managers.

Dr Stiles, you’re an expert on redundancies, we’re in a recession, do you have tips for employers? Is there a right or wrong way of going about things?

In the current environment people may expect there to be redundancies in the air and companies on the whole tend to manage these things quite well. In the companies we’ve seen, redundancies are handled well and with fairness and good explanation. In terms of tips in which companies can follow, three things seem to stand out: one is that the employees are given an opportunity to give their voice, that they’re allowed to speak and they’re allowed to have their say in these very important issues that are affecting them; the second issue is about

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explanation, what is the explanation given to employees about why the redundancy is necessary; and the third thing is about dignity, are the employees handled with dignity and respect when the redundancy is discussed.

Something which is not to be recommended and which we see sometimes in companies is when employers decide to make a cut across the board, with for example, a cut of ten or twenty percent across the organisation.

This never strikes employees as being fair, targeted or having a good explanation.

You seem to be saying “let employees in on the process,” but on the other hand a redundancy isn’t a nice thing if you’re an employer, particularly if managers know the people they’re making redundant. It might be difficult to let them in on the process or let them in on how you’ve gone about the selection.

But the thing is how you resolve that uncertainty, you seem to be saying, do tell employees what you are going to do, do let them in to the process, but then what do you do? Do you say on the day you announce the redundancies “leave, take the things off your desk,” that’s what’s been happening?

We should separate two things here, one is about the outcome which is never good and redundancy is always probably the hardest outcome for an employee to take, but the second thing is about the process itself. Often when you look at successful downsizing or successful redundancy while the outcome is never good, what people want to know is what is the process by which the outcome has been reached.

It’s often about what kind of industry you’re in, certainly when we’ve seen this kind of work in investment banking; we’ve seen people leaving office buildings within half an hour, with all their belongings. This approach is primarily for fears of staff either taking some clients with them, doing something unfavourable in the workplace, or ensuring that remaining employees are not contaminated by any bad feeling. In other industries it’s important that there as long as possible advance warning about redundancies and that employees are given time to cope with the situation and even to find new work. That’s really the ideal process if possible.

If the process is seen as fair, even though the outcome may be unfavourable, people, by enlarge are prepared to accept that. If the process is seen as clear, transparent and the employee has a chance to give their view then it’s seen as a good process.

Particularly in the case of the people who remain in the organisation, what they want to see is that the process was handled fairly and that employees who have been given notice have been dealt with dignity and respect.

When should employees give their view, how do you open it up for discussion? Managers will for instance say, next week we are making a round of redundancies, and employees won’t know if they are going to be selected or not and then the announcement comes. Is that good?

There’s an old saying: “people can take good news and people can take bad news, but what people can’t take is no news.” The rumour factory is very damaging for an organisation generally, so if management have a view about what kind and quantity of cuts are necessary they need to get their message out quickly and clearly. People are always very anxious to know what their future is, particularly in times like this and the better the communication the happier people will be even if the outcome is unfavourable. When companies are in such turbulent times it’s very hard for them to know what the outcome will be in terms of manpower and so there will always be uncertainty.

So, what about those companies that may be enlightened and bring in workplace psychologists to talk employees through what they are going to do with their futures. Is that a good idea?

I think that’s an excellent idea and many of the best firms we’ve seen have psychologists or councillors on hand to help people through this process. In downsizing in recent times it’s often been peripheral individuals who’ve left the organisation, but now with the current climate we’re seeing core workers leaving. These workers have expected to stay at their companies for many years and so this is a very traumatic time for many people. I think the firms which are open to the counselling approach or deal with peoples raw emotions here will win out, not only in terms of how people perceive them in the market but how people perceive them in the firm.

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What about managers who have to make others redundant. Your heart must go out to them, because you know what it’s like or can imagine what it’s like not to be able to pay the mortgage.

Ok, in terms of the employer and the employee, organisational psychologists are a good thing, so open up the process, let people in and engage in some psychological sharing of all.

This is probably the most difficult issue for management, this face to face, coming to terms with peoples’ futures and deciding peoples’ futures in a negative fashion and many managers do not relish this at all and indeed many of them are traumatised.

Yes, sharing is very important. Often redundancy is a very solitary occasion, one feels one has failed or the company has failed them, it’s very hard for people to talk to their families because the families are also going through the same situation. Also the families often don’t have access to the particular circumstances that the individual is going through, so networks, counsellors, coaches, valued colleagues are all essential. It’s very hard for people to deal with this on their own; you have to be very strong mentally to do that. I know one of the issues in leadership for example is mental toughness, but when one goes through traumatic issues or through big transitions like redundancy, one does need support. Often the big failing of organisations is just to cut employees loose without any kind of counselling or any kind of coaching.

One thing that can help them, is training in these sensitive issues and the knowledge that they’re not personally responsible. Also what really helps managers in this situation is whether they can give employees what we call a ‘soft landing;’ whether they can offer employees counselling, give them time to look for other work and maybe even put together a package whereby they will be cushioned from the most bleak economic conditions they may find themselves in.

Let’s end on a more optimistic note. If one has had redundancy in one’s life and actually you’ve taken on a new career or profession, there’s no going back. You tend to prefer your new life don’t you? You know this can be a process that shakes you down, sorts you out but then leads to new doors opening?

I think that’s really true, there’s an old saying: “what has made you successful till now, to date, will not make you successful in the future.� Often even though redundancy is traumatic, it does present the individual with a stark reflection opportunity, which can make people think about their career path till now. Being made redundant does tend to provide space where they can retreat and maybe start to explore other opportunities, which may be much more fulfilling.

I think the idea of having one career is a very narrow one and one which is of quite recent origin. When you look at very successful people, they’ve often had two or three careers in their lives, which can make for a very rounded person. Often the tragedy of redundancy is that people see their career in one dimension and when that career is not fulfilled either through lack of promotion opportunities or through redundancy they can fall to pieces, where as you know their life is richer than that.

To listen to this interview as a podcast: www.jbs.cam.ac.uk/news/ research_focus/windowontheworld Dr Philip Stiles is Director of the School’s Centre for International Human Resource Management (CIHRM) and he is a University Senior Lecturer in Corporate Governance.

Dr Stiles is also the Executive Editor of the journal “Long Range Planning,� a reviewer for the Oxford University Press and referee for Corporate Governance: An International Review.

“there’s an old saying: “what has made you successful till now, to date, will not make you successful in the future.� Often even though redundancy is traumatic, it does present the individual with a stark reflection opportunity, which can make people think about their career path till now.�

New Centre for International Human Resource Management Last year Judge Business School launched a new forum devoted to excellence in global human resource management - the Centre for International Human Resource Management (CIHRM).

Through strong partnerships between industry and academia, and sponsors from the world’s premier public and not-for-profit organisations, the Centre will bring together companies and faculty to discuss latest research findings and debate innovative advances in practice to address the main issues, priorities and concerns facing HR leaders today.

The Centre already has existing relationships with global companies such as Rolls Royce, British Telecom, Shell, General Electric, IBM, Coca Cola, Samsung and Unilever, and other leading academic institutes including Cornell University, Erasmus University and INSEAD, through the Global Human Resources Research Alliance Study which examines best practice and key themes in global human resource management.

By developing the Centre’s academic partnerships it will bring together the very best HR researchers to generate fresh understanding of the processes and practices by which international organisations manage their people.This research will be guided Dr Philip Stiles, Director for the new International Human Resource Management

CIHRM also offers a range of cutting-edge executive education programmes to its corporate partners on organisational development and change issues, as well as consultancy support to assist them with the transition from “concept to action�. In addition, they will have unique access to excellent networking opportunities via regular roundtables where they can discuss in confidence with other HR Directors, the major people issues facing their organisations, and an annual global HR symposium which will feature world-renowned HR thought-leaders.

Dr Philip Stiles, University Senior Lecturer in Corporate Governance at the School is CIHRM’s Director and he is joined by Dr Jonathan Trevor as Deputy Director. Dr Trevor is a University Lecturer in Human Resources & Organisations at the School and Director of Studies in Management and Fellow of Downing College.

For the latest news, white papers, and podcasts at the School’s CIHRM, visit: www.jbs.cam.ac.uk/research/centres/cihrm

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by the interests of the companies within the Centre.

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Focus Anniversary Year

Cambridge Celebrations

2009 is a milestone year, as the University of Cambridge celebrates its 800th anniversary and Judge Business School welcomes its 20th year.

As one of the world’s leading educational institutions, the University of Cambridge is proud to have 800 years of people, ideas and achievements that continue to transform and benefit the world. Take a look online at the various University, Collegiate and Departmental events scheduled for the coming months.

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Reconnect…with your School The new Alumni Grand Reunion Weekend is an opportunity for graduates of the School to come together not only for business networking and knowledge update, but also to have fun!

Guests can enjoy welcome cocktails, a variety of lunch dates and a PhD garden party, plus the opportunity for a round of golf at the nearby Gog Magog course, a family friendly BBQ and tours of both the Churchill Archive and Pepys Library. Not forgetting the magnificent Alumni Gala Dinner at Churchill College with live music, fabulous entertainment and a host of surprises on the Saturday evening - we’re in for a real treat in our 20th year!

2009 also welcomes Judge Business School’s 20th year. From small but dynamic beginnings as the Judge Institute of Management Studies, to one of the world’s leading business education providers welcoming over 400 students each year; Judge Business School continues to grow advancing knowledge and leadership through people who leave a mark on the world.

Reconnect…with knowledge

To mark this special Cambridge year, we invite all members of our community to join our celebrations this June.

Dr Mark de Rond, Reader in Strategy and Organisation ‘What makes them good makes them difficult too: Managing high performance teams’

Research at Judge Business School: A showcase Judge Business School’s research students showcase their latest research.

Centre for Entrepreneurial Learning Panel Debate ‘Is a free market good for Entrepreneurship?’

Professor Dame Sandra Dawson, KPMG Professor of Management and Master of Sidney Sussex College ‘In competition and in collaboration: who will be the leaders of tomorrow?’

The start of Judge Business School’s new annual reunion programme, as well as a time for celebration in Cambridge’s special year; this School-wide weekend welcomes alumni and students, Cambridge Executive Education participants and corporate contacts plus friends and supporters of the School.

speaker sessions, social events as well as individual class reunion time; and we are delighted to have several faculty not only attending, but also presenting on their areas of research.

The conference-style format enables guests to mix and match their interests and free time to maximise not only reconnection with the School, but also with each other.

There are several opportunities across the Grand Reunion Weekend to refresh knowledge and dip into the world of Cambridge research and entrepreneurial activity.

Dr Philip Stiles, University Senior Lecturer in Corporate Governance ‘As easy as ABC? Just how should we manage talent in organisations?’

This year’s weekend activities encompass a wide range of

Developed in close collaboration with some 20+ volunteer alumni drawn from a wide range of programmes, we hope guests enjoy the ‘mix and match’ possibilities the new 2009 schedule presents. We do of course thank a great many volunteers for their time, passion and enthusiasm in working towards what we are sure will be a fantastic event this year!

Classes taking part as we went to print include MBA 2005, MBA 2004, MBA 2001, MBA 1999, MBA 1994 plus an assortment of Cambridge Executive Education cohorts. Is your class missing from this list? Contact the Alumni Team for support in gathering your classmates together.

Network Spring 2009 I 14

Gaz Monteath MBA 2002

www.800.cam.ac.uk

Alumni Grand Reunion Weekend 18-21 June 2009

Reconnect… with your community

“I look forward to visiting the Judge and hooking up with old friends.”

“Planning for 2009 Grand Reunion Weekend started well over a year ago. As the Alumni Advisory Council picked up the mantle and powered by our Alumni Relations team, the scope and size of the Grand Reunion Weekend rapidly crystallized into a myriad of initiatives: from planning the gala dinner to organising all the activities around the weekend, from seeking potential sponsorship to arranging merchandising.

The Grand Reunion Weekend is a really great opportunity for alumni from all programmes to re-engage with the School, especially during this our special year. As a champion of the Class Ambassador initiative, this too has been a great way for class years to generate excitement about renewing old friendships.

Reaching out to graduates from the early years, my fellow Council member Hanadi Jabado and friend of the School Mary Beveridge, have been working tirelessly to corral some faces from the early 1990s. This family friendly weekend is for all – all years and all programmes - so come along and join in the fun!

Finally, with some sessions operating with only limited numbers, the Churchill Archive tour for example, I urge you to make your booking today! This IS going to be a fantastic event and I look forward to seeing you in June!”

Arthur Meadows (MBA 2000) is a member of the Alumni Advisory Council - the School’s partner in steering alumni relations activity - and lead Ambassador of the Alumni Class Ambassador initiative.

See page 31 for details about your class ambassador.

Lord Browne of Madingley, Managing Director of Riverstone Holdings, formerly Chief Executive of BP and Chairman of the School’s Advisory Board ‘Should we be more worried about energy?’

Sarah Lovell MPhil Technology Policy 2007

“I’m very much looking forward to attending!”

How to book

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All details, including schedule and ways to book can be found online at www.judgegrandreunion.info. Recently received the schedule and booking form through the post? Simply complete and return to guarantee your booking. You can also call the Alumni Office to place your booking over the telephone +44 (0)1223 760959.

Network Spring 2009 I 15

As the University of Cambridge celebrates its 800th anniversary, Judge Business School welcomes its 20th year in 2009, Network takes a look back at some of the institutional highlights as well as memories from years gone by.

Focus Anniversary Year

Email judgememories@jbs.cam.ac.uk with your stories, recollections and photographs to help contribute towards building a range of communications for use in 2009 and beyond.

2002 The MPhil Bioscience Enterprise programme commences offering participants further training in science or engineering, whilst also developing skills in business and management

“

“

There is now an opportunity to build in Cambridge a centre of international excellence for the study of management.

It will require vision and hard work from us, and considerable support from outside the university. The challenge is to establish an Institute whose reputation for teaching and research will match the best available anywhere in the world.

Do you have ‘Judge Memories’ you’d like to share?

Professor Stephen Watson

2005 Judge Institute of Management Studies becomes Judge Business School

1989 into early 1990 Judge Institute of Management Studies was established within the School of Technology with Professor Stephen Watson as Director

1991

1992

1993

1991 While work on the new building progresses, the first MBA students arrive at the Mill Lane teaching rooms

Mary Beveridge Secretary to Judge Business School 1989 to 2006

Network Spring 2009 I 16

1995

1994 December 1994 saw Cambridge’s first ever cohort of MBA students graduate in a ceremony in Senate House, looking significantly different in their Kelly green – a departure from the traditional white silk of MA graduates or the red of PhD degrees

MBA students work long hours, while the Custodian of the Mill Lane Lecture Rooms normally operated strict University hours.

So it happened, not infrequently, that the students found themselves locked into the building. These were the days before many people had mobile telephones, however one of our students did, so on occasion I would receive a frantic call for release! But more often than not, I would be confronted the next day by an irate Custodian informing me that ‘your students’ had climbed out of a window the previous evening…”

“

“

1994

1996

1999 Executive Education programmes commence at Judge Business School

1997

1998

“

1999

As a manager, you are better off with a course in Cambridge for a week than sitting in your office for a year.

Dr Samuel Sackey, Head of the Disease Control Unit, Ministry of Health, Ghana, who attended the Cambridge International Health Leadership programme in 1998

1996 On the opening of the new building at Trumpington Street, Professor Stephen Watson “We’ve kept the façade of a building to which many people in Cambridge had emotional attachments while at the same time representing a very modern business environment.”

2000 MPhil Finance programme launched

2000

2001

2003

2004

2002 MPhil Technology Policy programme launched

“

2006

2003 2000 members in alumni network reached

2005 2006 Professor Arnoud De Meyer appointed new Director of the School

The only really serious burglary occurred when someone set off the fire alarm and, during the course of the evacuation, removed data projection equipment from one of the lecture rooms. Little did the burglar realise that he had interrupted a presentation which was being filmed - and that every one of his movements was captured on camera. He went down in Judge history as ‘the fire alarm burglar.

Mary Beveridge, Secretary to Judge Business School 1989 to 2006

“

1990

2002

1996 Her Majesty Queen Elizabeth II officially opens the building.

Professor Dame Sandra Dawson becomes the School’s Director

“

1991 Generous benefactions from Sir Paul Judge, together with the Monument Trust, provide funds for the construction of a building for the newly formed business school

2005 The new MPhil Management programme replaces the original MPhil Management Studies programme. MPhil in Innovation, Strategy and Organisation launched

2009 University of Cambridge celebrates its 800th anniversary and Judge Business School welcomes its 20th year

2009

2008 4000 members in alumni network reached

2007 2007 £137k donations fund Judge Business School’s new mezzanine library

2009 Launch of Judge Business School’s annual Alumni Grand Reunion Weekend Reunion Programme

2008

2008 Launch of a new alumni community website Lecture Theatre Three opens 2008 Mfin programme launched providing first-class training for ambitious and successful finance professionals wishing to strengthen their existing knowledge of finance

Take a look online at our commemorative book charting the full range of institutional highlights and memories from years gone by. Available online from June 2009.

WWW

Network Spring 2009 I 17

Careers Focus Networking

Networking for

Success

How is life treating you having completed the Cambridge MBA? Life has never been busier! It’s been a real whirl of travelling and moving, as well as spending time on Alumni Council and Grand Reunion Weekend work, plus making sure I remained in touch with friends and colleagues I have made connections with before, during and after my MBA studies.

For those members of the alumni community who don’t know your background, why did you pursue an MBA course here in Cambridge?

Having been a doctor in the NHS for ten years, specialising in anaesthesia, and following subsequent posts working in management roles including service improvement manager and clinical design consultant on the controversial National Programme for IT; I felt the time was right to further my knowledge in management and business. Allowing me time to consider my future career path more clearly, the Cambridge MBA has enabled me to accelerate my learning and people skills, and whilst wishing to remain within the healthcare sector; has allowed me opportunity to have real world experience in a learning environment influenced by a great variety of sectors.

What is your current role and how do you feel your ‘Cambridge experience’ has benefitted you?

Cathy Butler, Director of Careers interviews Dr Jenny Dean, MBA 2007, healthcare professional and member of Judge Business School’s Alumni Advisory Council on her recent post-MBA appointment and the path she took to get there.

Network Spring 2009 I 18

My new role is as a healthcare management consultant, which involves me working to improve service delivery in the acute sector (hospitals). I work in teams undertaking service reviews for NHS clients who, for a range of reasons, want assistance in analysing their current

services. Clients can be anywhere in the United Kingdom, so it involves a lot of travel at times. My time in Cambridge has prepared me well, as with a high degree of collaboration, diplomacy, and communication at the heart of my new role, skills refined over the MBA year are really coming into their own now!

What would you say are the challenges facing healthcare practitioners looking to move into healthcare management today?

Just taking that first step in that direction! It is a very hard cultural pond to swim out of, but in a way has never been easier as the whole way of clinical life is changing. It was always viewed as a ‘vocational career for life’ although there is a growing recognition of the need for clinical leadership. There are plenty of opportunities out there for clinicians in healthcare management, but it does require a different way of thinking and working to what many are used to.

Dr Jenny Dean, MBA 2007

“My time in Cambridge has prepared me well, as with a high degree of collaboration, diplomacy, and communication at the heart of my new role, skills refined over the MBA year are really coming into their own now!”

Network Spring 2009 I 19

You suggest that adaptability and communication are both key aspects of your ‘tool kit’. How important are these in today’s current economic climate when seeking employment?

I would say that these attributes are some of the most important to master as they empower you when seeking new or alternative opportunities. I feel that communication through community links is vitally important as the connectivity provides a strong foundation from which to thrive in almost any situation. Teamwork enables individuals to get to know each other and find common ways of working together even when there are differences in personalities and preferred ways of working.

These were important lessons learnt throughout the MBA and one of the most used experiences since I completed the programme.

Can you expand on the importance you place on building networks?

Maintaining an active network increases the chance of opportunity and enables you to broaden your knowledge through conversations with people who can bring new angles to your viewpoint. However the time and effort it takes to build a network shouldn’t be underestimated. Luckily it’s the kind of thing I have always done naturally and have actually enjoyed. I find people very interesting and I love meeting new people and keeping in touch – even if it is only every once in a while.

What tools would you recommend to others in helping them build their own communities?

Today we are lucky to have such a range of channels open to us. Personally I make use of LinkedIn (for professional contacts) and Facebook (for keeping in touch with friends). As graduates of the Business School, we also have access to the Alumni Community Website featuring a comprehensive member directory plus latest news and forthcoming events. Maintaining visibility online is essential in today’s fast moving world. For me it was LinkedIn that eventually proved the most successful tool in helping me gain my current role and I was fortunate to be approached by numerous employers as a result of keeping my profile up to date and relevant to the roles I was seeking.

You mentioned your membership of the Alumni Advisory Council. What influenced your decision to stand for election?

Continuing on with the networking theme and with a past record of being involved in similar roles, I was thrilled to discover the opportunity to be on the Alumni Advisory Council. I have always been proactive in these things and this would enable me to have a

defined purpose of encouraging people to keep in touch and to do so across the years as well as our own year. It also gives me the opportunity to ensure a continued connection with the Business School.

Being encouraged to stand as a member by fellow alumni was of course a positive influence as well.

Is it ever too late to start networking or taking part in community initiatives such as the Alumni Advisory Council?

Not at all. The first step is getting out there and actually meeting people. Admittedly many people feel uncomfortable with that and indeed there was a time that I myself was intensely shy and introverted – when I mentioned this to my fellow MBAs last night they actually laughed out loud! Everything comes in little incremental steps and I just kept pushing myself a little each time. I slowly overcame my fear of talking to people and I have now achieved a great by-product of networking and that’s a confidence to be able to have conversations with senior people relatively comfortably (and hopefully without embarrassing myself too much!).

You appear to be somewhat of a ‘super networker’ – would you agree?

I agree that I look to use every channel open to me to enable me to maintain my network and take full advantage of opportunities as they arise, which seems to be thought of as being a ‘super networker’ by others.

Final word…

It’s not what your network can do for you, but what you can do for your network.

Jenny Dean is a member of the Alumni Advisory Council which elects a number of new members to its membership annually each December. Further detail about Council elections will be circulated in the autumn term.

Jenny’s top tips for successful networking Just do it. Take every opportunity to attend events as you come across them. Break the ice as the first step strike up a conversation with the person sat next to you.

Work at it. Networking doesn’t just happen overnight and those people who appear to find it effortless, generally have practiced over many occasions.

Follow up with people you’ve met and exchanged cards with. A contact not followed up or nurtured is a contact lost. Using LinkedIn invites is one way to follow up and grow your online network at the same time, keeping an open channel for future communication.

Enjoy it. With so many opportunities available, I hope to cross paths with you in the future!

Network Spring 2009 I 20

Alumni Building Community and Resources

Alumni Advisory Council

Following on from significant progress made within alumni relations over the last couple of years, Network is delighted to introduce a new and regular feature profiling Judge Business School’s Alumni Advisory Council its work and its members.

Chair’s message It has once again been a busy time with alumni initiatives continuing to offer members a range of opportunities and benefits. The Prominent Alumni Speaker continues apace – don’t forget to book your place for Sir Mike Rake who will be speaking on 11 May – as does the Class Ambassador initiative. At the time of writing we are four months into 2009 – the Business School’s 20th anniversary year – and we’re counting down to June 18 and the start of our inaugural Alumni Grand Reunion Weekend. This new and annual alumni reunion programme for the Business School is the perfect chance to reconnect and reacquaint yourselves with familiar faces from your Cambridge days. Very much a community event created with assistance from over 20 alumni volunteers including several Council members; contact the Alumni Office to make your booking today!

In thinking about Council members, I was delighted to welcome several new members to Council following elections at the December AGM. Keep a look out for their profiles over the next few editions.

I’d like to extend particular thanks to outgoing members Natalia Spalding, Matt Dobson, Graham Oates and Anna Beaton for all their hard work over the years. Thank-you all!

Finally, this new feature in Network magazine will bring you latest news and updates from Council as well as handy pointers of how you too can get involved. I look forward to meeting many more of you in the coming months.

Jeremy Marchant MBA 2002 Chair, Alumni Advisory Council

Council Governance Judge Business School’s Alumni Association is governed through collaboration between the School and an international Alumni Advisory Council - both parties striving to ensure that all services, resources and benefits meet the needs of the membership. Jeremy Marchant (MBA 2002) is our current Chair and Rachael Barker is Alumni Relations Manager.

Community Focus The Council is representative of the alumni community membership as a whole, welcoming candidates from all Judge Business School programmes as well as associate members – wider University of Cambridge graduates with an interest in business and management. Associate members pay an annual subscription, currently £25 a year. Currently non-MBA programmes are underrepresented.

This is as aspect the Council seeks to change in the 2009 elections.

Facilitating Connections The Advisory Council help steer and support communication both on and off line. Several Council members support events directly often working in association with the School to create strategy for particular groups eg: Hanadi Jabado (MBA 1995) and Jasper Nelissen (MBA 2005) for the London Group and Jeremy Marchant (MBA 2002) for the Banking & Finance SIG. International Focus Members of the Alumni Advisory Council are representative of the School’s global community with members drawn from the United States, Switzerland, India, Lebanon

and the UK to name but a few.

There are currently 25 members of Council – a mixture of graduates, students and staff.

Next Steps Interested in potentially standing for a post on the Advisory Council and want to find out more? Contact Jeremy Marchant, Chair (jeremy. marchant@barclays.com) for further information or log onto www.alumni.jbs.cam.ac.uk to view Council members online.

COUNCIL PROFILE Zarko Maletin (MBA 2008) “As a member of the current MBA class I am keen to work as a member of the Advisory Council as all current students are alumni of the future! We are fostering further integration among the class with establishment of MBA college societies.

Hughes Hall will be the first, with a founding event in Cambridge coinciding with the Alumni Grand Reunion Weekend, on 19 June 2009. Further we have initiated a Facebook Oxbridge MBA Alumni Network, currently standing at over 450 members.” Zarko is a former CEO and a founder of VIP Fund and ICT Business Incubator. He designed Centre for Strategic Economic Research and supported Novi Sad Innovation Centre.

He has mentored over 200 investors and over 500 SMEs on business strategy and generating US$72m in investments. He is a registered expert with the Research Directorate-General, European Commission and an evaluator at Competition for Best Technological Innovation.”

Network Spring 2009 I 21

Varsity Boxing Success

Alumni Getting to Know Your Global Community

With a 2009 Varsity Boxing success under his belt, Eddie Hult (MPhil Management Science 2006 and current Phd Candidate) updates Network on the path to his recent victory.

Brotherly Love?

James Livingston (MST 2002) talks about his time on the MST programme and the path that ultimately led him there…

“I must confess to having applied for Management Studies Tripos in 2002 for not purely academic reasons. Earlier that year I had raced for Cambridge in the Boat Race. We had lost. Two seconds split the crews after four miles. We were devastated. I couldn’t let it go.

I needed to come back for a final chance to win the race. MST offered me that opportunity.

In 2003 I made the Blue Boat once more which meant I would face my younger brother David who had made the Oxford crew - the first time brothers had lined up against one another in the event for over a hundred years. That year tested our relationship to breaking point. The race itself became spectacularly closely fought.

At the finish just one foot made the difference between heart breaking defeat and exhilarating victory – the closest Boat Race of all time. If the Boat Race lasts a thousand years it will never be closer.

David and I have just co-written a book about our experiences – Blood Over Water - published

by Bloomsbury (www.bloodoverwater.com). It gives an intimate insight into the Boat Race and exposes the darker side of sibling rivalry. As the saying goes it is now available in all good book shops!

Network Spring 2009 I 22

I’m exceedingly glad I came back to read MST. Not only did it give me one last shot at my Boat Race dream, but I’ve used what I learnt during the course every day of my professional life, first as a management consultant and now in venture capital. Having the solid academic grounding that MST provides seems more important than ever in the current economic climate. And, of course, in the annual rankings the Judge consistently sits ahead of Oxford’s Said Business School, my brother’s alma mater, providing some useful brotherly ammunition!”

James currently works as a Portfolio Manager for the Foresight Group in London.

WWW

Oxford and Cambridge Boat Race www.theboatrace.org

“I’m exceedingly glad I came back to read MST. Not only did it give me one last shot at my Boat Race dream, but I’ve used what I learnt during the course every day of my professional life, first as a management consultant and now in venture capital.”

As a guy not lacking in the height department, my strategy was to concentrate on ensuring dominance through jabbing my somewhat shorter opponent. However come match day, Oxford switched the guy I was suppose to meet and my opponent turned out to be even taller than me!

Initial strategy in tatters, I decided to concentrate on stepping in on the inside and working a lot of uppercuts and hooks instead.

I managed to get him with some pretty clean shots right from the outset and the match was temporarily stopped in the first round to have a doctor look at a cut on the Oxford fighter. Round two. Focused more on my timing as the fight progressed, and with the ref stopping the bout before we reached the third and final round; I was pleased with my performance and of course happy with my win!

Cambridge dominated Oxford and although there were some close calls, the Light Blues came away with a 9-0 win!”

Eddie is currently conducting research into transportation networks which involves mathematical programming into optimising different types of network solutions.

Our man in Westminster Mark Ramsdale, MPhil Technology Policy 2007, shares news of his work in the corridors of power

“As a political consultant, I work with clients to help them achieve their objectives. At corporate level, I advise on how best to get results from engaging with Government or Parliament, be that on funding, finding – or at least not missing – opportunities for business development, or simply monitoring the political landscape to focus strategic direction.

At delivery level, I ensure clients are aware of legislation or specific issues and help them maintain an active engagement programme with relevant stakeholders in order to meet their objectives. Interestingly, many people don’t even realise they need advice in this area and those that do leave it very late.

This means the nature of the work can be very challenging and one has to enjoy its adversarial and advocacy nature.

As well as getting to know a client’s business, the way they work and their corporate objectives, I make certain they understand how the political and legislative processes operate. That way a thorough and efficient strategy can be devised that aligns with business needs.

I am not a lobbyist in that my clients talk

“

As a guy not lacking in the height department, my strategy was to concentrate on ensuring dominance through jabbing my somewhat shorter opponent.

However come match day, Oxford switched the guy I was suppose to meet and my opponent turned out to be even taller than me!

“

“Further to completing my MPhil Management Science programme and joining the research programme at Judge Business School, I decided to join the University Boxing Club to keep my fitness up during the fall of 2007 – a great way to while-away the winter nights! Having previously done kickboxing some years earlier I was experienced in the type of sport boxing would be, and so set my mind to making the Blues squad this year.

directly to their stakeholders; I simply help them get in a position where they can put forward their case and give them the tools to achieve results.

Although originally a mechanical engineer, an opportunity arose to work in the House of Commons as an MP’s researcher. This is a fascinating role and one meets some very interesting and influential people. Since then I worked in a number of organisations focussing on public affairs, communications and policy work. I now work as a consultant to a number of organisations, working on a range of issues including property, technology, infrastructure, public relations and sport.

I chose to read for the MPhil in Technology Policy as it brought together many of the management and strategic skills I was looking for in my business.

The nature of my programme means there are so many options available and the ability to tailor your degree to suit your needs is something I particularly enjoyed. I met some fascinating people and made many friends during my time at Cambridge, including one tipped to be a future Indian Prime Minister!”

Student News

Battle of the ss Busine ls!

Schoo

Scholarship awarded Congratulations to Michael Jun Xu, MPhil Technology Policy 2008, and class Alumni Representative, who has been awarded the IELTS Overseas Study Star Scholarship 2008 by the British Council China.

Michael is one of only 25 Chinese students receiving this scholarship globally, in which six are selected from the UK, six from the USA, six from Australia and seven from other countries.

Michael is sponsored by the British FCO (Foreign and Commonwealth Office) as a Chevening Scholar and he plans to undertake a PhD in Entrepreneurship Policy at the School.

Judge Business School took on the might of Harvard in the very first head-to-head rugby union clash earlier this term.

James Boyle (MFin 2008) reviews the match played at Trinity Hall.

“For the debut Pearson Hunt Trophy encounter, dubbed ‘the battle of the business schools’, Judge Business School put out an eclectic mix featuring both seasoned International (Doug Rowe, MBA 2008) and long since retired schoolboy player (Raymond Shuai, MFin 2008).

Under the management team of Director of Rugby James Wellwood, staunch school supporter Sir Paul Judge and former All Black Mark Ranby, the Judge XV were given a rallying pre-match talk followed by the inevitable rugby cliché of a ‘silent squeeze’.

This proved to do the trick as the Judge XV opened the scoring with a try from Captain Boyle following some excellent support play by triple rugby Blue Tom Malaney (St Edmund’s, MPhil Management 2008). Harvard Business School Captain Chris Trimble (ex-Jesus College, CURUFC) led his side admirably by appearing to cover back row, scrum half and fly half slots at various times throughout – a policy that clearly dumbfounded the Judge XV given his two try tally in the first half.

Half Time Score: Judge XV 20 – Harvard Business School 22 Cometh the hour, cometh the Wheen (St Edmund’s, Real Estate Finance 2008) – Director of Rugby Wellwood has been nurturing his protégé in the dark arts of front row play all season, but it was his ability to make yards in the loose that managed to turn the tide of control back into Judge XV’s favour. Even a spirited fightback led by Harvard’s former Oxford University number 8 Anthony Bangay couldn’t help stem the tide, allowing the Judge XV to engrave their names on the trophy.

Final Score: Judge XV 39 – Harvard Business School 22 A delighted Sir Paul Judge presented the inaugural winners the Pearson Hunt Trophy and all retired to Hawks for what turned out to be an even more entertaining evening of festivities.”

Cambridge hosts inaugural International Entrepreneurship for a Zero Carbon Society summit The University of Cambridge, together with Judge Business School, hosted the first international ‘Entrepreneurship for a Zero Carbon Society’ conference on 22-24 September 2008. Held at the University’s Sidgwick Site, it provided a platform for international experts from the key fields involved in tackling climate change, to present the latest research and ideas in an open-minded and politically neutral forum.

The brainchild of Cambridge MBA 2007 student, Marisa Teh, the summit was designed in response to an urgent need to act now to promote the clean energy agenda on the scale required for a carbon free future. Melissa commented: “As Director of Clean Technology Affairs at one of the University’s entrepreneurship societies, I could see that despite an emerging awareness of climate change, and a flurry of events on the topic, concerted

Network Spring 2009 I 24

efforts to stimulate wider debate that resulted in the generation and investment of concrete solutions had to date been limited.”

Among the notable speakers making presentations over the three days were Mr Bernie Bulkins, a venture capitalist from Silicon Valley and former Chief Scientist, BP, Mr Angus Norman, Managing Director Sustainable Solutions, EDF Energy, Dr Joachim Reiss from Q-Cells AG, a world leading photovoltaic cell producer and Professor Robert Watson, former Senior Scientific Advisor of The World Bank.

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www.cambridgeclimate.com

PhD student honoured for innovative research into the fight against size zero Judge Business School is delighted to announce that one of its PhD students, Ben Barry, has received the Canadian Governor General’s Awards in Commemoration of the Persons Case Youth Award. The first man to ever be given this title, Ben received his award from Her Excellency the Right Honourable Michaëlle Jean on 7 November 2008 at a ceremony in Rideau Hall, Canada.

On presenting him with his award The Governor General, Her Excellency the Right Honourable Michaëlle Jean, said: “Ben has taken positive, determined action to undo female model stereotypes and redefine society’s idea of beauty. This young man has taken an innovative approach to his business while fully assuming his civic responsibility. The fact that a young man is being honoured is a notable fact in the history of this award.”

While successfully running his modelling agency, Ben is studying for his PhD on an Ogilvy Foundation Research Grant at Judge Business School. His innovative research, “Why Reflect Reality: An Eight Country Study of the Role and Relevance of Models in Fashion Adverts”, is further enabling him to explore what types of models actually generate positive brand attitudes from consumers. In addition he is revealing how women want to be represented in the fashion and beauty industry in Canada and internationally.

Ben has strived to change the face of the fashion and beauty industry since the age of fourteen, when he founded the Ben Barry Agency Inc., a modelling agency with a vision of changing public perception of beauty by challenging the size zero paradigm and promoting a healthy attitude towards body diversity. He has had a phenomenal impact on the catwalks of Canada, with his entrepreneurial approach, using ‘real’ models of all ages, sizes, race, religion and abilities, all hired for their natural physical attributes.

WWW

At the start of 2009, the WIL SIG (Women In Leadership Special Interest Group) launched the Judge Business School Women in Leadership Blog http://jbswomen.

WWW blogspot.com This blog is intended as a common online platform for discussion about the group’s year on the Cambridge MBA. Well done to this year’s MBAs, Alexandra Jorge and Jennifer Beckmann who have worked so hard to launch the blog.

All are welcome to contribute to the discussions.

Congratulations to Fabiana Olivera Freire (MBA 2008) and her team, who recently won a debate at the Graduate Union, University of Cambridge. The debate against a team of employees from Accenture was on the topic of “Leaders are born and not created”. Fabiana’s team supported the motion.

www.benbarry.com

Students represent Britain at L’Oréal Brandstorm 2008 International Finals Three Judge Business School students represented Britain against 37 other countries at the L’Oréal Brandstorm 2008 International Finals in Paris. Judge Business School’s MPhil Management students Ben Hayward, Matt Ives and Nicholas Niro entered under the team name of Blue ADynamics and wowed judges with their innovative ‘Magnetic Wash-On Sun Protection’ branding campaign following earlier success at the national finals.

Hosted annually by L’Oreal, this international marketing competition challenges teams to create their own product from within the brand, develop an original marketing strategy and to work with a renowned advertising agency to design a packaging and communications campaign.

Blue ADynamics’ brief was to develop a new product designed to sit within Vichy’s Capital Soleil Sun Care range which is aimed at a demographic of 13-25 year old male consumers.

The judges awarded Blue ADynamics second place, based on the strength of their original idea and marketing strategy, presenting them with a silver trophy and 5,000 for a European trip of their choice.

They beat off strong competition from Argentina and Singapore coming second only to the USA’s team Brigham Young University.

Network Spring 2009 I 25

Student News

Network Roundup

From PhD researcher to Cambridge MBA to entrepreneurial eagle in under a year Inspired and motivated by his time on the Cambridge MBA, Abel Ureta-Vidal (MBA 2007) has cofounded Eagle Genomics within a year of starting his MBA degree. Eagle Genomics sits at the heart of Cambridge’s bio-cluster, bridging a niche gap between academic research data output and its application to commercial industry.

Abel Ureta-Vidal commented: “Choosing the Cambridge MBA was an easy decision. Cambridge is home to the largest biocluster in Europe and I wanted to stay in touch with the field of biology I had been researching.

The entrepreneurial environment of Cambridge enabled me to build confidence in my abilities as an entrepreneur. I learnt new business skills and the vital importance of networking and collaboration in the business world.”

It was through networking at the Centre for Entrepreneurial Learning’s Ignite programme in June 2008 that Abel found the Chairman for his company, Professor Alan Barrell, Entrepreneur in Residence at the School’s Centre for Entrepreneurial Learning (CfEL).

Professor Barrell, who has 30 years’ experience in technology-based industries, commented:

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“I am very excited about my appointment at Eagle Genomics.

When I met Abel and his colleagues, I could immediately identify with their vision and purpose and admire their knowledge, competence and ambition. I’m looking forward to working with them, and helping them make Eagle Genomics a leader in its field.”

www.eaglegenomics.com

Forthcoming Events

May 2009

May 2009 con.

June 2009

Saturday 02 Itl Alumni Group: Cambridge Pub Night Cambridge

Monday 18 Centre for Indian Business Seminar: Innovation in India and China: How to Create Value from Emerging Markets Cambridge

Friday 19 Judge Business School Alumni Grand Reunion Weekend 2009 incl Gala Dinner: Celebrating 20 years Cambridge

Thursday 21 Itl Alumni Group - London: Pub night London

July 2009

Wednesday 06 Banking & Finance SIG Pub Night at the ‘Old Bank of England’, Fleet Street, London Monday 11 Alumni Prominent Speaker Series: Sir Michael Rake, Chairman of BT Group plc London Wednesday 13 Guest Event, Harvard: Business Across Religious Traditions - Religion and Business in the Middle East New York

Thursday 21 Cambridge MBA Leadership Seminar Series: Mr Olli-Pekka Kallasvuo, President and CEO, Nokia, and Chairman of the Board of Directors, Nokia Siemens Networks Cambridge

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Thursday 16 Itl Alumni Group: London - Pub night London Wednesday 22 Celebrating 800: The Cambridge Prom, Royal Albert Hall London

Friday 15 MBA Graduation Weekend Cambridge

Full event details featured online www.alumni.jbs.cam.ac.uk

Friday 03 Itl Alumni Group: Cambridge - ‘Lecture: Risk-takers or risk-avoiders – strategies for survival in the business jungle’ Part of the Darwin Festival Cambridge

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Event Review

Alumni Drinks Downunder

Careers Alumni Mixer, London

Alumni from Judge Business School in and around Melbourne met at ‘’Supper Club’ on a lovely terrace just in front of the first Australian Parliament on Wednesday February 25th. Hosted

by Nicolas Servel, MBA 2003 Judge Business School; guests enjoyed several drinks and a bit to eat. As only one the first get together for alumni ‘down under’, attendance was low but highly engaging with many more alumni expressing an interest to come next time. Those who attend were Alastair Hick (MBA 1998), Keir Bristow (MBA 2001) (and his wife), Andrew Cohen (MBA 2005) , Dr Simon Bell (former JBS Faculty member) and Nicolas himself.

Nicolas comments “It was great to meet up with fellow alumni from Judge in Melbourne recently. If there are any more out there who wish to join us for drinks every so often, do make sure to register your location with the Alumni Office – look forward to catching up soon!”

Shelley Gregory Jones, MBA 2006 reflects on a recent alumni networking event held in London.

“The first alumni current MBA/ MFin ‘Mixer’ event was held on Friday 6th March at the Cumberland Hotel in Marble Arch.

The plan was simple.

Put roughly equal numbers of JBS alumni (from a wide range of year groups and sector backgrounds) and current MBA students in a room together, shake them up with some ice-breaker activities and watch what happens next.

And what happened next was a great event!

Everywhere animated conversations were taking place and contacts and advice were being freely exchanged.

For the alumni there was also the pleasure of meeting up with old friends. Everyone I’ve spoken to has been effusive in their praise for a well-organised, well-thought out evening. And on the bus back to Cambridge with this year’s class it was clear that the alumni’s warm support in the current chilly economic climate had been well received.

The only grumble was that this has never happened before! So let’s hope it becomes a regular event and a mainstay of future alumni activities, and that MBA 2008 students will in their turn be keen to engage with and support next year’s students. Because this is what being part of a wider alumni community is all about. “ Shelley Gregory-Jones is a member of the Alumni Advisory Council and was elected in December 2008. Shelley works as Development Director for PHG Foundation, Cambridge www.phgfoundation.org

Thanks to Nicolas for his enthusiasm in hosting the event.

Living or working in Australia and in easy reach of Melbourne?

Contact Nicolas to let him know (n.servel@cantab.net) and don’t forget to update your postal address with the alumni office.

As part of a business trip to Singapore in February, Professor Arnoud De Meyer met with Judge Business School alumni. A pleasant lunch was taken at the Hilton Hotel and conversation flowed around the current state of the Singaporean economy.

Cambridge alumni and their families out and about having recently enjoyed a stroll to Grantchester. Based in Cambridge and want to meet up with other Cambridge alumni? Email Abel Ureta-Vidal (MBA 2007) to catch-up with the latest events; abel@cantab.net

Sir Brian Bender, Alumni Prominent Speaker Event Mark Ramsdale, MPhil Technology Policy 2007 reviews the latest event in the Alumni Prominent Speaker Series as recently held at Barclays, Canary Wharf.

“As Permanent Secretary to the Department for Business, Enterprise and Regulatory Reform, Sir Brian Bender has a great deal to consider.

But as a long-serving civil servant and having seen many crises under a number of Governments, it comes as no surprise that he appears calm and resolute. Working to a recently-returned Secretary of State [Lord Peter Mandelson], Sir Brian talked about the role of his Department in addressing the current economic situation, what had been done

and what it was going to do. He answered specific questions about the economy, remuneration of bankers and shareholder responsibility before concluding the evening in less formal conversation with attendees.”

Thanks to Jeremy Marchant, MBA 2002 for helping facilitate this event.

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Class Notes

Recent promotion? New arrival? On the move? We are delighted to receive news from across Judge Business School’s global community.

MBA Alexis Arie (MBA 2004) and partner Deborah got married on 29 August 2008. The wedding was held on a charming island in Brittany, where they entertained their guests with a lovely cruise. They later had the religious wedding and reception in Paris on 7 September.

Tom Brown (MBA 1995) has relocated to Silicon Valley as Vice-President HR Corporate Functions for Juniper Networks. Tom comments “I’m now responsible for a team of about 75 running Worldwide Compensation & Benefits, HR Operations, Internal Communications, Learning and Development and Recruitment. My family has moved with me and we’re now all based in Los Gatos which though beautiful apparently has some of the most over-priced real estate in the world made so much worse by Sterling’s recent poor showing against the dollar!”

Christian Bunke (MBA 2000) and his wife Kath are pleased to announce the arrival of their second son, Sebastian, who joined the family on 1 December 2008. Christian is working in the Telecom area in a new start up CVON based in Cambridge and London.

Oliver Campbell (MBA 2007) Having completed the Cambridge MBA programme, Oli is currently reading for an MSc in Real Estate at Columbia University, New York.

Audrey Christon (MBA 2005) is now working at Universal Pictures in London, as Head of Research and Analysis.

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Contact your class ambassador or email alumni@jbs.cam.ac.uk to share your classnotes in the next edition.

Teh Chi-Chang (MBA 2001) has traded his investment analyst career for one of public service in Malaysia. He is now the Economic Advisor to Penang Chief Minister and Democratic Action Party secretary-general Mr Lim Guan Eng. Chi-Chang has over 14 years investment appraisal and corporate finance experience. He was most recently a Director of Investment Research at Citigroup where he covered utilities regionally and had headed Malaysia equity research. Chi-Chang looks forward to assisting Mr Lim in his mission to instil Competency, Accountability and Transparency in government and grow the economy for all citizens.

Andrew Goodland (MBA 2001) is proud to announce the arrival of his baby daughter, Emma Rose, who was born at Beijing United Hospital on Wednesday September 24, at 5.10am, weighing in at 4.55kg / 10lb and measuring 57cm / 22.4 inches from top to toe. If anyone is ever in town, please do look us up! Cell phone online in my alumni profile.

Bryon Thomas Smith (MBA 2006) We are delighted to announce that Bryon was recently nominated by his squadron and was awarded by Vice Admiral Dirk Debbink, the Admiral for the whole U.S. Navy Reserve, the Outstanding Junior Reserve Officer of the Year for 2008.

Congratulations on this superb achievement!

Ryan and Jennifer Kedrowski both MBA 2004) are delighted to announce the arrival of their daughter Lily Elizabeth, born Wednesday 18 February 2009 at 11.23pm at WakeMed Hospital in Raleigh, NC. Lily was 7 lbs 12 oz and 20 3/4 in. long at birth. Congratulations to the Kedrowski family!

Hakan Kocayusufpasaoglu (MBA 1997) got married to his wife Pinar Kocayusufpasaoglu late last year in the Ciragan Palace, Istanbul. He has recently found enough funding to start his own macro hedge fund which should kick-off either at the end q1 or in q2 2009.

Alexander Maurer (MBA 2004) has recently been appointed to a new job as the Director of Project Management at a French Biotech firm called Transgene. He is now located in Strasbourg, France.

Dr Tash Prior (MBA 2004) is now a Registrar in Paediatric Cardio-Thoracic Surgery at the Royal Liverpool Children’s Hospital in Alder Hey.

Stephen England Hall (MBA 2006) shares images of his lovely daughter Evie. Stephen currently works as Director of Growth and Innovation at Razorfish.

Nicolas Servel (MBA 2003) and his wife Clarissa are enjoying life ‘down under’ in sunny Melbourne and Nicolas continues to work for KPMG. Nicolas comments “If anyone is travelling to Oz please give us a shout” e-mail n.servel@cantab.net

Lei Tong (MBA 2007) is now working as a Senior Consultant at Roland Berger Strategy Consultants in Troy, MI. Marissa Vanderzee (MBA 2002) and partner Graham Cowgill (also MBA 2002) are pleased to announce the arrival of their baby daughter in January 2008. The family moved from London to L.A. in April 2008.

Jiansong Yu (MBA 2004) recently contacted his class ambassador Mike Pressel, to say that he and partner Jina have been living in Glasgow for the past two and a half years. Jiansong is working as a market analyst with ITI Techmedia, focusing on identifying emerging technology investment opportunities in the digital media and communication area. He finds the job quite challenging and interesting. But surviving the Scottish weather is difficult at times.

Bruce Wilkinson (MBA 1995) is the Chief of Party of RAPIDS Reaching HIV/AIDS Affected People with Integrated Development and Support. It is a six-year (2004 - 2010) United States Government funded program, aimed at scaling up activities and applying good practices in support to orphans and vulnerable children, palliative care for People Living with HIV/AIDS and for youth livelihood and abstinence promotion activities. RAPIDS is a group of 6 non-governmental organizations who have come together bringing their experiences in working with different categories of people that that have been variously affected by the HIV/AIDS Pandemic in both rural and urban Zambia.

The RAPIDS consortium consists of Africare, The Catholic Relief Services (CRS), The Expanded Church Response (ECR), Salvation Army, CARE and World Vision.

PHD Rick Colbourne (PhD Candidate 2004) has been approached to join the Human Capital Institute’s ‘Innovation and Creativity’ panel as an expert advisor. The panel focuses on the issues and challenges in creating an innovative culture, and considers continuous improvement by organisational talent management practices. In addition, Rick hosted a meeting in November with Mongolia’s Ambassador to Canada, Dugerjav Gotov and his delegation at Simon Fraser University’s Segal Graduate Business School. The meeting focused on discussions around opportunities for close cooperation, partnership and exchange.

For more information contact Rick Colbourne rc374@cam.ac.uk

Dr Oskar Almen (PHD graduate & MPhil Management 2002) now works for Capgemini Consulting as a Management Consultant.

Jeff Owen Herzog (PhD Candidate 2006) has recently been appointed as a senior economist with BBVA in Houston.

On 10-11 December 2008 PhD candidates Chengwei Liu and Beth Altringer gave talks at The Cambridge MIT Institute ‘Workshop on Open Innovation’. Chengwei’s talk was entitled ‘Survivor bias: the good, the bad and the ugly’ and Beth spoke on ‘Individual perceptions and creative teamwork across different country offices of the same company: preliminary findings from advertising and product design teams’.

Brian Harney (PhD Candidate 2004) has been awarded the University Council of Industrial Relations and Human Resources Programs (UCIRHRP) Best Student Paper at the Labour, Employment Relations Association (LERA) Conference. Brian’s paper was entitled ‘Exploring the Road Less Travelled in HRM-Performance Research: A Critical Realist Alternative to ‘Big Science’.

Efstratios Ramoglou (PhD candidate 2006) presenting his paper, entitled: ‘Entrepreneurship: Foundations and Emerging Trends’, at a doctoral symposium at IE Business School, Madrid, on 7 November 2008.

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Class Notes Dr Damian Miller (Phd graduate 1998) CEO of Orb Energy, has recently had his book Selling Solar published. Focusing on the case of solar photovoltaics, Selling Solar explores the dynamic between entrepreneurship and innovation diffusion specifically that linked to solar systems. How this renewable energy technology can support growth, particularly in emerging markets, is central to the book.

Damian also updates Network on his profile since leaving Judge Business School: “After completing my PhD in 1998 I joined Shell Solar (then part of Shell’s renewable energy business), becoming their Director of Rural Operations and establishing solar subsidiaries in India, Sri Lanka, the Philippines and Indonesia. I also went on to implement

large-scale solar projects in China and managed joint ventures in Morocco and South Africa. This role capitalised on my PhD research which addressed the role of entrepreneurs in the diffusion of solar photovoltaic technology in Asia.

During this time I worked closely with multilateral and bilateral development agencies and emerging market governments to help grow their local solar markets, overseeing the connection of more than 125,000 solar homes. At the end of 2006 I set up Orb Energy in India. Since then we have grown rapidly to become India’s largest direct solar sales and installation company, with 80 branches in 4 states, and more than 400 personnel.”

MST/MSt Andrew Brady (MSt Community Enterprise 2005) currently works as a Programme Manager at Anglia Ruskin University, Cambridge.

Oliver Carter (MST 2007) currently works as an Analyst for JP Morgan Chase.

Hannah Harlow (MST 2007) works for the National Audit Office as an Assistant Auditor.

Alistair Howes (MST 2000) now works as an Investor Relations Manager for the Kimberly Clark Corporation.

James Livingston (MST 2002) is getting married to his fiancée Samantha Woodham at St Catharine’s College Chapel, Cambridge on 18th July 2009. James and Samantha met when they matriculated to St Catharine’s in 1999. Congratulations James and Samantha!

MPhil Programmes Alexander Moerchel (Technology Policy 2006) has joined the Rolls Royce engineering graduate trainee programme last year and is currently in the middle of his fifth rotation. Past attachments were located in Derby (RR’s main site), London and Hong Kong. Alexander has also joined the Cambridge University Liaison Team within Rolls-Royce which liaises with various departments including Judge Business School, to investigate how to raise awareness of Rolls-Royce among students with a non-engineering focus.

MPhil BioScience Enterprise (2005) alumnus, Dr Reynaldo Garcia now works for the London Biotechnology Network as a Key Account Manager.

Ashley Fraser (MPhil Bioscience Enterprise 2006) works as an Analyst for IMS Health.

Nabeel Goheer (MPhil Technology Policy 2003 & PhD Candidate) has recently joined the International Labour Organization (ILO), a specialized agency of the UN and is now posted in the Caribbean regional office (covering 21 countries and territories), based in Port of Spain - www.ilo.org

Michelle He (MPhil ISO 2005) recently updated her profile and advises she is now an Auditor at Pricewaterhouscoopers and is based in London.

Seok Kyu Kim (MPhil ISO 2007) currently works as a Manager for the Samsung Group in Korea.

Hedi Kresse (MPhil Bioscience Enterprise 2005) works for Datamonitor as a Senior Analyst (Infectious Diseases).

Erik Schlie (MPhil Management Studies 1998 and PhD graduate 2003) is pleased to report that as of January 2009, he joined IE Business School in Madrid (www.ie.edu) as Professor of Marketing and General Management.

Log onto the Alumni Facebook page – Judge Business School Alumni Network

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Keeping in touch is now even easier!

The Alumni Class Ambassador Scheme is an initiative to help reconnect class groups with the School and each other. Connectivity sits at the heart of Judge Business School’s Alumni Association, and having identified that formalised class links with the School benefit from ongoing support, facilitating a clear and deliberate link is one way to reconnect alumni across the world for the benefit of all.

Supported by the School as well as members of the Alumni Advisory Council, Arthur Meadows (MBA 2000) is lead ambassador for this initiative and he welcomes new approaches for ambassadors who could represent as yet, unrepresented class groups.

For further information on the initiative log into the alumni community website or you can contact Arthur (arthur.meadows@cantab.net) or the Alumni Office (alumni@jbs.cam.ac.uk)

Current Alumni Class Ambassadors – all contacts online Log into www.alumni.jbs.cam.ac.uk MBA 2007 - Jenny Dean MBA 2006 - Shelley Gregory-Jones MBA 2005 - Jared Moon MBA 2004 - Mike Pressel MBA 2003 - Mariam Mohanna MBA 2002 - Jeremy Marchant & John Tidmarsh MBA 2001 - Carol Ng MBA 2000 - Arthur Meadows MBA 1999 - Tracey Stephens & Peter Singleton MBA 1998 - Andreas Mavrommatis MBA 1997 - Paul Hammer MBA 1996 - Michael Chin MBA 1995 - Hanadi Jabado-Carruthers MBA 1994 - David Davis & Christoph Gartner MPhil Bioscience Enterprise 2007 - Adnan Iqbal MPhil Bioscience Enterprise 2006 - Ramesh Dass MPhil Bioscience Enterprise 2005 Hedi Kresse & Timothy Broke-Smith MPhil Finance 2006 - Che Jian MPhil Finance 2005 - Jinliang Chen MPhil Finance 2004 - Rui Cui MPhil Finance 2001 - Antonia Botsari MPhil Finance 2000 - Maria Papakokkinou MPhil ISO 2005 - Dirk Engelmann MPhil ISO 2007 - Vivian Mohr MPhil Management 2006 - Nisrine Zogaib MPhil Management 2005 - Helena Qui MPhil Management Studies 2004 Thomas Bohné & Yang Yang MPhil Management Studies 2003 - Nina Hu MPhil Management Studies 2002 Disha Patel & Mohamed Wahba & Leo Liao MPhil Management Studies 2001 Natalia Spalding & Joshua Xu

MPhil Management Studies 2000 - Sadiq Gillani MPhil Management Studies 1999 - Mark Ellis MPhil Management Studies 1994 - Tim Roberts MPhil Management Science 2005 - Niyazi Oztoprak MPhil Technology Policy 2005 - Henning Ringholz MPhil Technology Policy 2002 - Shefaly Yogendra MST 2007 - Vidushi Tekriwal MST 2006 - Alex Capewell, George Constantinides & Rob Horton MST 2004 - Phil Bagguley MST 2003 - Ian Walker MST 2002 - Christina Blunt MST 2001 - Victoria Alexander & Nathalie Walker MST 2000 - Jennifer Harris MST 1999 - Badr Jafar & Sadiq Gillani Management Studies Diploma 2004 - Elizabeth Blase Management Studies Diploma 2002 - Thomas Flight PhD 2005 - 2010 - Ioanna Boulouta & Chengwei Liu Classes who don’t yet have a named ambassador MBA 1993, 1992, 1991, 1990 MPhil Bioscience Enterprise 2004, 2003, 2002 MPhil Finance 2007,2003, 2002 MPhil ISO 2006 MPhil Management 2007 MPhil Management Studies 1998, 1997, 1996, 1995, 1993, 1992, 1991, 1990 MPhil Management Science 2007, 2006 MPhil Technology Policy 2007, 2006, 2004 MST 2005, 1998, 1997,1996,1995,1994,1993,1992,1991 Management Studies Diploma 2005, 2003, 2001, 2000,1999,1998,1997 MSt Community Enterprise 2006,2005,2004,2003 PhD 2005-1995

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Alumni Relations Team Judge Business School University of Cambridge Trumpington Street Cambridge CB2 1AG United Kingdom Telephone: +44 (0)1223 764219 Fax: +44 (0)1223 766920 Facebook: Search Judge Business School Alumni Network Skype address: judge_alumni_network alumni@jbs.cam.ac.uk www.alumni.jbs.cam.ac.uk

To recieve e-news, remember to add alumni@jbs.cam.ac.uk to your safe senders list.

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