Author Archive

Last Tuesday, the Masters in Management class participated in a commercial innovation competition sponsored by GlaxoSmithKline (GSK) as part of our Strategic Analysis module. Over the past couple of weeks, each of the thirty study groups proposed ideas for innovation in the respiratory or oncology diseases areas targeted at the emerging markets, exploring new business models to complement GSK’s existing and future marketed portfolio of products. On Tuesday, six groups, which had been shortlisted by GlaxoSmithKline, presented to a panel of GSK employees. Some of the ideas proposed were:

  • Encrypted codes on GSK drugs in order to fight drug counterfeiting in China
  • Gamified health education on cervical cancer for young women in India
  • Vending machines with smaller packaging of drugs for easier access in India

The panel prodded students to think deeply about the viability of their proposals asking questions about the unique selling proposition, the size of the gaming market in India, and the feasibility of vending machines in India based on health cards when many in India do not have health cards.

The panel deliberated and 30 minutes later during a drinks session, they announced the winner of £2500, the vending machine idea! The top three groups also win a visit and daylong tour of the GSK offices in London.

GSK competition winners

GSK competition winners

I personally believe the industry collaboration on our strategy project was a wonderful experience. I think I, as well as my fellow Masters in Management students, took these innovation ideas more seriously when industry insiders were seriously considering what we were saying. It was informative to hear the questions they asked and the ideas that really impressed them.

I would like to contrast that competition with the competition seen on the front lawn of LBS on the following Sunday afternoon. The Women in Business Club hosted a fundraiser for their volunteer trip to Sierra Lione, which included a BBQ, flowing taps, and games like three-legged race, balloon toss, and mummy race (involving students hopping around the lawn covered in loo paper). Students of all levels: MBA, Masters in Finance, Masters in Management, and even the Dean were seen competing and watching the fierce competition and ensuing water fights unfold on the sunny afternoon.

Three-legged race line-up

Three-legged race line-up

What do these events have in common, you may ask? I think they show the unique selling proposition of London Business School, that is a harmonious mixture of serious and silly all while promoting healthy and friendly competition. Whoever wins, we all win, because we are sharing in knowledge, learning and laughs.

Read the rest of this entry »
avatar

Yin and Yang

Posted by: Diane

I am not the most exemplary blogger, it must be said. But in my own defense, I attribute this to the nature of London Business School. London Business School has shamelessly given me lots of homework, countless opportunities to meet people and attend interesting talks and conferences, lots of opportunities to drink beer and cocktails on Thursday nights on someone else’s tab, and many good friends with whom to spend the time which I do not spend writing my blog. How dare London Business School distract me thus!

What sparked me to write now was a fantastic day at London Business School. Some of my classmates may have called it hell but I found it as perfect as perfect can be. I spent nine hours cramped up in a room with my five-person study group, completing a project for our Strategic Analysis course in which we were required to come up with a commercial innovation for a given company and present all aspects to this company in a report and accompanying video. While nine hours is a long time to spend with four other people, there is inevitable bonding. There was also bonding with the rest of my fellow MiM students who were likewise cramped up with their study groups along the same corridor. We periodically took breaks and popped our heads into each others’ rooms or made a cameo in each others’ videos (whether the actors knew it or not…) to let off some steam.

After nine hours, I headed out to dinner with my previous study group from last term. Our late dinner turned into a really late dinner as we stepped out of the restaurant two and a half hours later. We had relaxed, chatted, and laughed so much that it felt like five minutes. As I sat there talking with them, I was struck by how beautiful my experience at London Business School has been. I sat eating dinner with five people from five countries other than my own native country, sharing and laughing. And what is so incredible is that this sort of event has defined my experience in the Masters in Management. I have spent a year learning from and spending time with people from countries all over the world and I could not feel luckier.

I am starting to learn Chinese (also at London Business School…how cool is this place, really?) and I find the concept of yin and yang really interesting. I think my day today was the epitome of yin and yang. I think it was one of the hardest days of work I have put in at LBS, but I think it has been one of the happiest. A good days work and a good laugh with friends is just what the doctor ordered.
While my posts have been few and far between, I hope this was enlightening. And there may be a few more posts to come.

Read the rest of this entry »
avatar

The start of my MiM Experience!

Posted by: Diane
Comments Off

We are halfway through Foundations Week and the pace has not slowed down yet! We are being prepared for our career search, dressing up and taking photographs to impress recruiters, and honing our networking skills. The best networking so far has taken place at the Windsor pub that is located adjacent to LBS. For me the Windsor feels like my very own Griffindor common room.

I arrived in London a couple of days before Orientation and Foundations and moved into my flat with four other MiM students. It has been a whirlwind of activity, laughter, and excitement as we figure out our class schedules, join clubs, and explore the wonderful city of London together. We have especially all enjoyed the sunshine! I know I personally have enjoyed the sunshine as I hail from the great state of California in the United States.

You may ask why I chose to come to London. I can tell you I didn’t choose to come to London for the weather. I chose to come here for the reputation of London Business School, for the incredible international diversity that London and London Business School specifically attract, and for a wonderful experience that will change the path of my career and my life. I am already impressed by the school and by my fellow MiM students. I am looking forward to learning more about this great city and this great London Business School Community over the next twelve months.

Read the rest of this entry »