All posts by Althea Taylor-Salmon

Plants do talk – PhytlSigns lets us listen in

SMF Nigel Wallbridge launches Kickstarter campaign for new technology that lets plants communicate with you – and the possibilities are far reaching

PhytlSigns – an innovative and unique piece of wearable tech for plants, is a plant monitor unlike any other – because it specifically listens in to what the plant itself is communicating rather than simply measuring the air temperature or the soil around it.

Recently trialled and covered in an exclusive by New Scientist, PhytlSigns is available from today through the crowdfunding platform Kickstarter. Make a super early bird pledge of Fr129 (approximately US$135), and be one of the first to use PhytlSigns to digitally connect with your plants.

(RRP Fr225; approximately US$235)
PhytlSigns works by amplifying the electrical signals that plants use to communicate internally, allowing us, for the first time, to hear them (though a speaker attached to the device) and see them (through an app on your phone or tablet). Water or mist your plants, and observe with PhytlSigns how, through their language of electrical signals, they are reacting to their environment. If you are a keen gardener or plant enthusiast, a techie into signal processing, or a professional grower or academic working with plants, PhytlSigns opens up the fascinating world of plant communication.

“It’s really different…. It will be good to see day-to-day variations and start to see patterns… you’ll get to know your plants’ signals,” says Ken Hollis, Plant enthusiast, Cheshire, England.
Hearing and seeing what plants are telling us is, however, just one part of the PhytlSigns story.

“By analysing the signals our plants are emitting we can start to unlock the messages within them, and ultimately – decode the language of plants”, says SMF Nigel Wallbridge, Tech entrepreneur and co-founder of Vivent Sárl (the company behind the device).  “Is a plant under attack from pests?  Does it need water?  Understanding what our plants are saying is exciting for everyone – from those who would like to take better care of their plants to those interested in the environment, sustainability, the future of food production and open agriculture… the possibilities are far reaching.”

Vivent Sárl is bringing PhytlSigns to Kickstarter to build a community of people both captivated and intrigued by using this technology to explore what their plants are communicating. The funding goal is Fr75,000 (approx. US$75,000) and the money pledged will buy the tooling and components for the first large production run, and allow the software for the app to be developed so that it is engaging, exciting and easy to use. PhytlSigns will be delivered to Kickstarter campaign backers in April 2017.

For further information, contact Elle@rudecommunications.com
+ 44 (0)778 899 2022

SMF Scholarship Winners: 2015

Busola Banjo 1 MB
Busola Banjo BEng (Hons) CEng MIET
Busola is currently pursuing her MBA at INSEAD Business School. Prior to this, she worked as an engineering consultant in London where she spent a year as a Principal Engineer with Ramboll and six years with Arup. She graduated from the University of Nottingham in 2008. During her career as an electrical engineer, Busola managed teams to deliver technical designs on a variety of projects worldwide ranging from schools to office buildings and data centres. She also had the privilege of working on iconic projects such as a stadium for the Qatar World Cup, the Shard and the British Museum extension. Busola is passionate about making an impact on the built environment through social regeneration and, after her MBA, she wishes to pursue a career as a real estate developer/ investor in the UK and in Nigeria, where she was born.

John Collins 6 MBJohn Collins MEng MPhil MCIHT
John began studying his MBA at INSEAD in January 2016.
Previously, John was a Senior Consultant at Steer Davies Gleave (SDG). He has worked on a wide range of transport projects including High Speed 2, Crossrail, Smart Motorways and the London 2012 Olympics. Prior to joining SDG John was a “Fast Stream” graduate at UK Department for Transport. John studied Civil and Environmental Engineering at Imperial College, where he served as the student union president. He also completed a masters in Engineering for Sustainable Development at Cambridge. He hopes to find a role in the transport industry when he graduates from INSEAD in December 2016.

Evi Giamouzi too smallEvi Giamouzi MEng MSc
Evi started her MBA at London Business School in August 2015. She is currently the Vice President of the Energy Club organising the sponsorship for the Global Energy Summit in London. Prior to this, she worked as a project planner at Balfour Beatty for its construction projects in the UK, including the tender for the ElecLink at the Channel tunnel. Evi graduated with an MSc in Structural Engineering from the University of Sheffield and also holds a MEng in Civil Engineering with a specialisation in Geotechnics and Earthquake analysis. Following her passion for engineering and education, she championed the STEM ambassador programme by partnering with schools in the Midlands to motivate students to take up engineering careers.

Christopher Hughes 2.9MBChristopher Hughes MEng (Hons) CEng
Christopher Hughes started his MBA at INSEAD in August 2015. After graduating from Imperial College London as a Mechanical Engineer in 2008, he ultimately advanced to Project Engineer working for Hitachi, a Japanese High-Speed Rolling Stock manufacturer. During his time there, he became the first ever foreign Design Engineer to be based in the heart of Hitachi’s train manufacturing site near Hiroshima, pioneering the way for future UK engineers at Hitachi to learn and develop their engineering skills in Japan. At INSEAD, Chris has developed a strong interest in entrepreneurship, winning the Identifying New Business Models Competition and leading a team of four to the semi-finals of the INSEAD Venture Competition. Chris is an avid traveller, having lived in the UK, France, Argentina, Japan and now in Singapore.

William Jones 699 resWilliam Jones MEng
William moved to France at the start of 2016 to begin his INSEAD journey. After graduating from Warwick University in 2008, he moved to Beijing to study Chinese. He then began work as Product Designer in Shenzhen, just across the border from Hong Kong. While there, he worked on the design of numerous consumer products and contributed to three patents. After another stint in Beijing to improve his Chinese, William returned to the UK to become a consultant with PA Consulting. At PA Consulting, William worked with both private and public sector clients on product industrialisation and organisational transformation. William has played several sports including rugby as a junior for Hong Kong and club rugby to a high standard. This has fed his passion for creating strong and high-performing teams.

Eirini KoukakiEirini Koukaki MEng MSc, MIET
Eirini joined London Business School to pursue a full-time MBA in August 2015. Prior to her MBA, she worked for three years as a product manager in Vodafone Group where she was responsible for the global expansion and delivery of a B2B Unified Communications product which improves internal productivity. In 2010, Eirini was accepted on a two-year rotational graduate engineering scheme in Cable & Wireless Worldwide where she held four roles: Optical Fibre Network Engineer, Procurement Manager, Pre-sales Engineer and Product Manager. Eirini studied Electrical & Computer Engineering (MEng) in Aristotle University in Greece while she also graduated from Imperial College London with an MSc in Optics & Photonics. Eirini is a Greek citizen who has been living in London for more than seven years.

Sinead O'Sullivan, winner of a Sainsbury Manangement Fellows MBA ScholarshipSinead O’Sullivan BEng, MS Aero
Sinead O’Sullivan started Harvard Business School’s two-year MBA program in Autumn 2015. Prior to this, she was an Aerospace Researcher at the Aerospace Systems Design Laboratory at Georgia Tech, USA, where she worked on advanced concept designs and robotics for NASA and the US Navy. Sinead’s specialisation is in space systems, having completed both her Bachelor and Masters of Aerospace Engineering at Queen’s University of Belfast and Georgia Tech respectively, as well as a certificate from the International Space University. Combining her engineering and business knowledge, Sinead has started a US-based company specialising in the integration of drones and satellite data.

Pierre-Nicolas Queyroux I MBPierre-Nicolas Queyroux MEng
Pierre-Nicolas started his MBA at INSEAD in Fontainebleau in September 2015. Prior to INSEAD, he worked for 5 years for MBDA in the development of radio frequency systems for a range of weapon programmes. Starting out as a simulation engineer, he then became Project Leader for a Franco–British technology development project. In 2014, as Principal Engineer, he was seconded to MBDA UK in Bristol to take part in the development of the Franco-British Sea Venom/ANL system. Pierre-Nicolas graduated in 2009 from ENSAM and Supélec, two French Grandes Ecoles engineering schools. He is committed to fostering scientific education and has been supporting an educational charity in Paris as a volunteer. At INSEAD Pierre-Nicolas is the President of the Industry Club and the Co-President of the Football Club.

Saquib Mohammed 4 MBMohammad Saquib MEng (Hons), CEng
Mohammad started his MBA at London Business School in August 2014. Prior to commencing his MBA, Mohammad founded Castrum Energy Partners, a specialist provider of well engineering and project management services to the global oil and gas industry, and served as the Managing Partner of the firm until September 2014. Mohammad exited Castrum during an acquisition deal. Prior to founding Castrum Energy, Saquib worked for Shell UK based in Aberdeen and was part of running offshore drilling operations in the North Sea. Mohammad also chaired the Multiple Sclerosis Society Aberdeen branch, where he re-structured the struggling branch and made it sustainable over the long run. Mohammad holds a MEng (Hons.) in Aerospace Engineering from the University of Southampton with specialisation in aerodynamics and propulsion. He is a British Citizen and was born in India where he completed his primary and secondary education.

Visit our blog to see Q&A interviews with our 2016 scholarship winners.

£270K SMF Scholarships Awarded to Engineers for MBA Study

Sinead O'Sullivan, winner of a Sainsbury Manangement Fellows MBA Scholarship
Aerospace design specialist Sinead O’Sullivan is one of nine young engineers to share £270,000 worth of Sainsbury Management Fellows scholarships to study for an MBA at a leading business school.

The Sainsbury Management Fellows (SMF) scheme enables awardees to add business skills to their engineering expertise. Each candidate passed a rigorous interview panel comprising Fellows from the Royal Academy of Engineering and SMF by demonstrating a wide range of attributes including leadership skills and the potential to achieve senior management responsibility early in their career.

The other awardees are John Collins, William Jones, Pierre-Nicolas Queyroux, Olubusola Yejide and Christopher Hughes who chose INSEAD; Eirini Koukaki, Evridiki Giamouzi, Mohammad Saquib who selected LBS. Sinead O’Sullivan is taking her MBA at Harvard.

Applications Open for Next Round of Awards Valued at £300,000
The Royal Academy of Engineering has opened the next round of applications for engineers who want to expand their career into business. Ten scholarships are available and applications can be made individually or in conjunction with an employer. To apply, candidates need to complete the online application form. The application deadline closes on 6 June 2016.

SMF President, David Falzani, said: “Lord Sainsbury’s vision and investment in the scholarship has produced more than 300 SMFs. These SMFs have created 220 successful new businesses, raised £1.8 billion in investment, generated 18,000 new jobs, and 260 support and mentor young engineers.”

Awardee Case Study – Sinead O’Sullivan

O’Sullivan has a first degree and a Masters in Aerospace Engineering from prestigious universities, and a Certificate of Space Studies from the International Space University in France.

Before applying for the SMF scholarship, O’Sullivan was handling projects such as the Mars Mission design for NASA, and creating new technologies for the Navy and the Federal Aviation Administration. She still holds the position of co-lead for Space Technologies for the Space Generation Advisory Council and is a Research Fellow in Space Technologies for the United States Center for Climate and Security.

O’Sullivan said: “I’m planning to return to the aerospace industry after graduation. The MBA will help me advance my engineering career by enabling me to learn hard skills such as financial modelling and soft skills like the art of negotiating. An MBA is a great way to leverage my engineering background to enable me to commercialise a lot of the technology that I’m working with.

“The scholarship means I can have an unparalleled learning experience whilst being able to stay true to my passion for the aerospace industry and be able to follow a career in engineering afterwards. The MBA will allow me to move into the C-suite faster and give me the core competencies to make a difference in my field.

“Since starting at Harvard I have set up a US-based company specialising in space technologies which has already received significant funding. After my MBA, my goal is to open a UK office to serve the European market. The UK has incredible potential for STEM start-ups.”

FIRE1 Closes Series B Financing and Appoints SMF Conor Hanley as CEO

Conor Hanley EDITED

DUBLIN, Ireland, April 12, 2016 – Foundry Innovation & Research 1, Ltd. (“FIRE1”) today announced it has closed its Series B financing, appointed Conor Hanley as President and CEO, and added other new senior leaders to its team including John Britton, Vice President of Commercial Operations, and Fiachra Sweeney, Senior Director of Engineering.

The Company, which is developing a novel remote monitoring device, raised USD 7.5 million from existing investors including leading venture capital firms Lightstone Ventures and New Enterprise Associates, as well as Medtronic.  FIRE1 is the 15th medical device company founded by The Foundry.  With this financing, Foundry Managing Director Mark Deem was also appointed Chairman of the Board.

“With the support from these premier investors, the strength of our newly expanded leadership team, and the Irish government aggressively pushing the connected health ecosystem, we are in a very strong position to accelerate the development and commercialisation of our first product,” said Conor Hanley, FIRE1 CEO and President.  “This investment underscores global unmet needs in healthcare delivery, especially in predicting the onset of major diseases.”

Prior to joining FIRE1, Hanley held senior management positions with ResMed, including leading the Company’s Chronic Disease Management Solutions division, its Cardiology business, and its Ventures and Initiatives business units.  Prior to ResMed, he was CEO and co-founder of BiancaMed, which commercialised a novel method to provide connected health solutions, and was acquired by ResMed in 2011. Hanley received a PhD in Chemical Engineering from the University of Pennsylvania, an MBA from INSEAD, and a First Class Honours B.E. from University College Dublin.

John Britton, Vice President, Commercial Operations, joins FIRE1 with deep expertise in bringing innovative medical technologies to market.  Most recently with ResMed, Britton led the commercialisation of a novel, non-contact sensing technology.  Previously, he was an Engagement Manager with McKinsey & Co. where he worked in a variety of industries, including healthcare. He received an MBA from the UCD Smurfit School of Business, and was a post-doctoral researcher in Trinity College Dublin’s Centre for Bioengineering, and has a First Class Honours degree in Mechanical Engineering from University College Dublin.

Fiachra Sweeney joins FIRE1 as Senior Director of Engineering and has extensive background in medical device research, development, sales and marketing.  Prior to FIRE1, he was with Nypro Healthcare where he was responsible for the design and development of a connected auto-injector device.  Previously, he was with Medtronic in a variety of product development and engineering management roles, most recently leading a team through the development, approval and commercialisation of a novel coronary angioplasty catheter.  Fiachra has a Biomedical Engineering degree from NUI Galway and an MBA from the Australian Graduate School of Business.

About FIRE1
Headquartered in Dublin, Ireland, FIRE1 is a medical device company developing a novel remote monitoring device.   For more information, please visit www.fire1foundry.com.

About The Foundry
The Foundry was founded in 1998 to rapidly turn the best concepts into successful new medical device companies. In addition to inventing new technologies itself, The Foundry works closely with outside clinicians and inventors with promising ideas. Over the past eighteen years, The Foundry has formed over fifteen new companies, including Ardian (acquired by Medtronic), Cabochon Aesthetics (acquired by Ulthera/Merz), Cierra (acquired by Terumo), Concentric Medical (acquired by Stryker), Cotera, Emphasys Medical, Evalve (acquired by Abbott Labs), First to File (acquired by Mark Monitor), Holaira, Miramar Labs, Satiety, Twelve (acquired by Medtronic), XTENT (Nasdaq: XTNT), and the ophthalmic company incubator Forsight Labs. The Foundry, LLC is located in Menlo Park, California. For more information, visit: www.thefoundry.com.

About NEA
New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $17 billion in cumulative committed capital since inception, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm’s long track record of successful investing includes more than 200 portfolio company IPOs and more than 320 acquisitions. www.nea.com.

About Lightstone Ventures
Lightstone Ventures (LSV) was founded in 2012 by the General Partners of the life science teams at Advanced Technology Ventures (ATV) and Morgenthaler Ventures to invest in early-stage breakthrough medical device and biopharmaceutical companies that have the potential to change medicine. Members of the Lightstone team have been involved in several of the largest, venture-backed life science exits over the last decade. The firm now has offices in the U.S., Europe, and Asia. For more information, visit www.lightstonevc.com.

About Medtronic
Medtronic plc (www.medtronic.com), headquartered in Dublin, Ireland, is among the world’s largest medical technology, services and solutions companies – alleviating pain, restoring health and extending life for millions of people around the world. Medtronic employs more than 85,000 people worldwide, serving physicians, hospitals and patients in approximately 160 countries. The company is focused on collaborating with stakeholders around the world to take healthcare Further, Together.

Media Contact:
Donna von Halle
donna@vonhalle.net

Engineers in Business Awards

Engineers in Business Awards made for New Polo Mallet Head, Magic Bin and Low-Cost Bottled Water for Poor Communities
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The winning team showing off their new mallet head prototype.

Nottingham University Business School’s Engineers in Business competition, which is sponsored and judged by Sainsbury Management Fellows, has inspired undergraduate students to create three innovations, with first prize awarded to the Precicio Polo Team for a prototype of a new polo mallet head that will level the playing field for women.

The runner-up prize went to the Crush Em’s Team for its solar-sensitive dustbin that aims to combat the problem of overflowing bins that contribute to councils spending £1 billion per annum clearing litter, and third prize went to the Rain Water Cycle team for the design of a low-cost system for producing bottled water for poor communities in India.

Chris Mahon, Director of Nottingham University Business School’s innovative MBA in Entrepreneurship programme and module convenor for the Entrepreneurship and Business module that hosts the competition, said: “There is growing enthusiasm for the competition, with a 25% increase in participation this year compared to last. There is great synergy between engineering and business, and competing students had to demonstrate the use of key skills including research, engineering know-how, creative design and marketing strategy in order to develop their product concept. The winners are very deserving!”

David Falzani, SMF President and Visiting Professor in Sustainable Wealth Creation at NUBS said: “The Engineers in Business competition encourages young engineers to get more involved in business innovation; the winning entries illustrate perfectly how to combine innovation and engineering skills to produce new solutions to long-standing problems.”
THE WINNERS

New Polo Mallet Head – First Prize Winner: £1,500 and Mentoring from SMFs
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The winning team showing off their new mallet head prototype

Precicio Polo Team’s re-designed polo mallet makes it easier to wield by people of smaller physical stature; this typically applies to female and young players.

James Thorn from the Precicio Polo Team explained, “Polo is one of the few true unisex sports and is played in 84 countries. At grassroots level 65% of players are female, yet on the professional circuit, the sport is dominated by men.

“Our desk and focus group research with Nottingham Polo Club led us to conclude that a better-designed mallet would allow more people to participate in the sport. Our design of the polo mallet evens the playing field for women by reducing its weight, improving accuracy and durability, giving more value than the traditional mallet.”

The Precicio Polo Team looked at different ways of mechanically improving the properties of the different parts of the mallet. The production of the prototype required 3D modelling, as well as key machining techniques within the L2 engineering workshop to bore out a solid aluminium block to produce a wall thinness of 1.7mm and to house structurally distributed supports as well as specific weighting canals to increase the moment of inertia of the mallet so the ball stays truer to the player’s swing.

Referred to as the ‘sport of kings,’ polo is becoming increasingly popular, partly due to increased broadcasting of the sport. In the UK, there has been a significant rise in the number of polo clubs with some 3,000 registered players and 1,500 educational establishments participating. The Precicio polo mallet will help this greater participation.

Crush Em’s Solves Litter Problems – Second Prize Winner: £1,000
MP041215AH2_385
Crush Em Poster EIB Entrepreneurs Competition EDITEDKeep Britain Tidy would surely welcome the ingenious Crush Em’s  automated waste compressor concept. The team designed an eco-friendly, solar powered, attractive litter bin containing an inbuilt compressor which literally crushes the rubbish inside the bin.

Crush Em’s design incorporates a sensor, known as a light dependent resistor, which detects when the bin reaches capacity, at which point the whole bin darkens in the shade and automatically triggers a motor that compresses its waste load, creating 80% new capacity. This means the bin could be used for much longer. More bin space would encourage people to drop litter in the bin, not on the street, eliminating unsightly, unhygienic overflowing public bins, creating a cleaner, safer and more attractive environment.

Tekena Ojimba from the Crush Em’s Team said, “Our design also features an alert system which would connect to councils’ waste departments to notify them when bins reach maximum capacity. Because Crush Em’s creates up to 80% more capacity per bin, local councils would be able to reduce the frequency of collections, making savings on labour, admin and transportation costs and divert savings to other local services.”

Rain Water Cycle – Third Prize Winner: £500
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Rain Water Cycle Image editedThird prize went to Rain Water Cycle for its eponymously named product concept which was designed to provide clean water for people living in rural areas of India where clean water is scarce. According to Rain Water Cycle’s research, many people die from water-borne related diseases due to contaminated water. The Rain Water Cycle product would provide clean water at a much more affordable price.

The research revealed that communities in many parts of India struggle to create sustainable methods of distributing water and bottled water is sold at a fairly high price. The Rain Water Cycle team designed a system that would deliver bottled water for 50% less than the majority of bottled water being sold. While the initial set-up cost would be high the team calculated that long term its system would be able to produce much cheaper bottled water because of the low maintenance cost of its system.

Shridhar Chaudhary from the Rain Water Cycle team explained, “Rain Water Cycle would collect rainwater through drain holes in collection tanks, the collected water would then pass through a reverse osmosis filtration system. In reverse osmosis filtration systems, the contaminated water passes through a semi-permeable membrane at an applied pressure, leaving behind all the contaminations, resulting in clean water.

“Since the water would be forced through the semi-permeable membrane, it would require a high level of pressure, and this high level of pressure would require energy, which would be achieved through an electrically-powered motor pump. The clean water would then pass through a post-carbon filter, which would remove any remaining contamination, odours and tastes from the water. Finally, the filtered water would be bottled and packaged and sold at a fraction of the cost of other bottled water.”

Will an MBA really make a difference to my career? Choices & Options – David Falzani, SMF President

MBA Blog Part 2 iStock_000061959038_Large EDITED 2

In our previous post in this series, we began to explore in a general sense how an MBA can give your career a huge boost – if you make the most of it and are in it for the right reasons. MBAs give you a toolbox of new skills, enable you to make important contacts, provide access to the school’s brand and help you develop your personal bandwidth. They also can let you gain real-life experience through placements, develop personally as well as professionally, and, of course, specialise.

It’s this specialisation and personalisation that an MBA offers which we’re going to be focusing on today. Of course, choosing the right school is important. Small schools can be tightly-knit communities, inclusive, and cohesive – and may offer unique specialisations. However, they won’t offer as many electives or as much customisation as a larger school, and you may find your thinking will be less challenged at a smaller school.   In contrast, larger schools give you a broad choice of electives and tend to have much larger alumni networks – although it can come at a cost, with such schools sporting, for some, daunting student population sizes.  Thanks to specialised cohorts, however, the size or location of school isn’t nearly as important as programme length and structure.

When it comes to selecting an MBA, you have a wide range of choices and options in terms of course structure, length, and teaching style. We can classify MBAs into three different types: part-time, full-time, and executive. Selecting between them is one of the first major decisions you’ll have to make before applying for an MBA.

Part-time MBAs
Often pursued for their lower financial cost, part-time MBAs are great for people looking to boost their careers without necessarily overhauling or changing things too much – they’re often referred to as career enhancers, rather than career changers. These courses last at least 2 years and you will often be taught during the evenings or weekends.

A part-time course allows you to continue working, which inevitably makes the course less of a financial burden and should put you on a good track to promotion at your current workplace. Some employers will even pay the tuition fees for such a programme in part or in full – but beware, it is likely that you will not have the same access to fellowships or other funding from the business school.

However, the part-time nature of these programmes means you are not exposed to the same intensive learning environment as in a full-time MBA, as we will explore. Whereas you are placed in a tough, immersive environment on a full-time course.   This is why many argue that a part-time MBA is not so much a career changer as it is an enhancer – but if you’re concerned about the cost of tuition, or if you’re set on pursuing promotions in your current job or industry, a part-time MBA could be the right choice for you.

Full-time MBAs
The full-time MBA tends to be the mainstay of most business schools, and with good reason. These are frequently billed as the ‘career changers’ – an opportunity for you to take a complete break from work for up to 24 months and re-evaluate your personal approach, skills set, and mindset towards management.  Of course, as we discussed in the last post, an MBA is what you make it, but a full-time programme is particularly special thanks to the immersive environment it offers.

MBAs attract an incredibly diverse range of people, from a huge variety of personal and professional backgrounds. Like in a real business environment, you will be working with people you may not normally come across in your personal life.

Your interpersonal skills aren’t the only thing that will be tested on a full-time programme. Exposed to new disciplines and what might be entirely new ways of thinking, learning quickly is one of the most important skills you’ll develop thanks to a full-time MBA. The internship opportunities that come as a result of this will open up even wider career opportunities in finance, investment banking, consulting, start-ups, NGOs, and more. In this way, it is not just a career changer, but a potential life-changer.

Full-time programmes aren’t without their issues, of course. There’s the financial element as we’ve already discussed. There’s also a possibility of ‘group think’ developing as a result of working so closely with the same people in such an intense environment. Heterogenity of views can be lost in the process of working together towards common project goals – leading to a lot of people pursuing the same career path after an MBA, such as in consultancy or finance. It’s important to remember that a full-time MBA opens a lot of doors for you, and carving out your own path using the skills and knowledge you acquire is a major benefit of MBA study.

Executive MBAs
An executive MBA is much like a part-time MBA. They’re designed for people who are still working, with flexible timetabling and attendance in recognition of this. They’re designed to be completed in two years or less. The main difference is who they’re designed for: experienced managers, executives, and other entrepreneurs around halfway through their career.

For this reason, the knowledge and skills developed on an executive MBA programme are rarely transformative – instead, an executive MBA is about updating your existing knowledge and skills as well as increasing the number of career options.  Again, they are a career-enhancer.

You will usually be encouraged to pursue an EMBA by your company’s executives, who want to fast-track you ahead in the company hierarchy. While EMBAs do tend to be more expensive than the regular MBA programme, they are usually sponsored by the company – so financial considerations are less significant.

Conclusion
Your career ambitions and tolerance to risk and financial outlay will determine which type of MBA will help you achieve your goals. Once you know the type of MBA you want, you can decide which type of business school will enable you to flourish and make the most of the MBA experience.

Read part 1: Will an MBA really make a difference to my career

You may also be interested in reading interviews with the winners of the SMF MBA Scholarship.

 

MBA Scholarship Applications Open

Are you a professional engineer considering studying for an MBA?

We are pleased to announce that applications are now open for our Sainsbury Management Fellows MBA scholarship  – applications can be made via the Royal Academy of Engineering.  Follow this link for further information and details on the application process.

SMF Calling Young Engineers Infographic Feb 2016

Read interviews with the winners of the SMF MBA Scholarship.

Will an MBA really make a difference to my career? – David Falzani, SMF President

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To a large extent, that’s up to you. An MBA (Masters in Business Administration) is much more than qualifications and getting the most out of the experience requires the right mindset and purposeful action.

Pursuing an MBA programme is likely to be one of the biggest development challenges you will face.  Certainly, for full-time programmes, the time commitment, the temporary loss of a regular income when you leave your job to study, and the fact that so many MBA graduates are filling the market each year, leads prospective candidates to question whether an MBA degree is worthwhile.

An MBA programme with a great reputation at an internationally renowned business school is invaluable for those looking to advance quickly to senior management roles. If you reach your full potential, it can be a genuine stepping stone for getting ahead in your current sector, or starting up successfully in an alternative sector. An MBA not only opens up opportunities in terms of experience and contacts, it also gives you an excellent practical and academic background in essential areas of business including finance and marketing.

The MBA will stretch your mind, not only through academic rigor, but also by enabling you to work with a diverse range of people with differing views and perspectives. You will also benefit by pursuing new interests through specialisation and developing long-term goals that help your personal growth.

A map for the future
Where do you want to be in the next five years? To ensure an MBA makes a difference to your career trajectory, you should ideally have some clarity about your future career path. At the outset, this doesn’t have to be as specific as working in a defined sector or industry, but it should cover factors such as time-bound career progression (eg when you want to be in a senior management role in a blue-chip company or set up your own business) and a strategy for using the MBA programme as a springboard to achieve your goal.

A roadmap will help you to decide which business school to apply to and in which country, the length of programme and electives. Your roadmap doesn’t have to be set in stone; it can be continually updated as opportunities arise and your interests develop throughout the course of your MBA.

Specialisation
Your MBA gives you access to a wide range of elective course modules both within and outside of your current programme. This might be anything from life sciences, property, environmental studies to digital media and computer science.

The MBA allows you to contextualise your studies within a business perspective. You might spot a new opportunity within a sector for a start-up. You could use that elective in ‘big data’ to work out new, broad strategies for your current company. Alternatively, you might be looking to move from a technical expertise-oriented position towards management, and require new skills and knowledge.

One of the most powerful things about an MBA is that it enables technical specialisation and growth of expertise in the context of a strong, business-oriented education. By making the most of your options on your course, you’re ultimately enhancing employability – boosting your expertise, opportunities, and potential salary. 

Many people, rightly in my view, place a high value on the people they connect with during the course of their MBA programme. You are in a diverse, international environment full of very talented people with vastly different experiences and aspirations who enrich the learning experience. But do be careful not to see this as an enhanced networking opportunity. Your MBA represents a major opportunity for developing new expertise and specialisation.

Many MBA programmes involve a company placement period where you will gain real-life experience in management on major projects, often at big brand companies. This is a powerful element of the MBA: it throws you into the deep-end of the management world and demands rapid learning and quality work. This experience will not only enhance your cachet and boost your CV but provides a valuable insight into what’s to come when you complete your studies. The lessons you learn during your placement will come in handy in your later career.  Often placements turn into real jobs.

Different business schools have different teaching styles and cultures so naturally, produce different kinds of managers and entrepreneurs. How you fit into the programme or a school’s environment will have a large impact on the outcome of your MBA – not least because the best schools are often recruiting grounds for big companies.

The impact an MBA will have on your career prospects and personal development will most likely change the course of your future. This is a major chance to study, develop your expertise and personal skills, make new contacts and collaborators, and even travel.  How you approach it that will determine whether your MBA fast-tracks you into your dream career, or whether you’ll end up having to learn on the job regardless.

Various scholarships exist for MBA programmes. If you’re an engineer seeking a scholarship, why not consider applying for our Sainsbury Management Fellows scholarship. Ten of these are awarded annually to professional engineers by the Royal Academy of Engineering. 

Read part 2: Will an MBA really make a difference to my career? Choices & Options.

If you are making decisions about taking an MBA course, you will also be thinking about whether to study in Europe or America.  For some thoughts on this topic, read our blog USA or Europe – where to study for your MBA?   

You may also be interested in reading interviews with the winners of the SMF MBA Scholarship.

Boosting Your Job Search with Social Media – David Falzani, SMF President

Job Search Blog iStock_000015879404_Large Edited
The way we hire, work, and organise has fundamentally changed in the last ten years. The rise of mobile data and social networking, spurred on by corporate involvement and investment, has resulted in a situation where many of the old rules and concepts we used to understand in the world of work are becoming less and less relevant.

This is particularly true when it comes to recruitment. With 94% of recruiters now using, or planning to use social media for recruiting (2014, Source: Jobvite), the web is fast becoming the primary location for new opportunities, connections and networking.

Whether you’re looking for a new opportunity on LinkedIn, search engines, or other social media, it’s important to make the most of these platforms. The game may have changed dramatically, but the same old principles still apply when it comes to actually nailing contact-making, that job application, or getting an interview.

Let’s discuss some of the ways you can make the most out of these platforms, and find your dream job in today’s social media-driven world. Today, we’re going to be discussing how you can align with a company’s values and vision while still projecting a unique personal brand to recruiters.

Aligning your aspirations with the company’s brand, ethos, or vision
One of the major advantages of the social media age for recruitment is that your potential employers have a presence online—and often more than just a Wikipedia or LinkedIn page. While LinkedIn is great for finding new opportunities, many companies and corporations now operate a comprehensive social media presence, which offer valuable insights into what they might be all about. This will ultimately strengthen any application or interview you may be invited to complete.

Social media recruiters are actively trying to give the best candidates a very clear idea of why you should work with certain companies. If we’re talking about the challenge of aligning your aspirations with a potential employer’s vision, then social media can be a major help in a number of ways.

Firstly, many brands’ careers pages on social media offer a glimpse into workplace culture and brand ethos. Take the example of Nestlé’s UK careers page, many of their posts are focused on new work opportunities and facts about the company, but some also show light-hearted, fun moments from around the workplace – such as Christmas decorations or brownie recipes using their products. Use this – you’re looking to find out what they’re all about. Look at your potential employer’s Facebook pages (both the brand and career pages) and review the content.

Pay particular attention to their social media ‘voice’, as it may give you clues on the workplace culture. Find as many of their Twitter feeds as you can (including those of senior figures within the company directed at staff) to get an idea of the direction the company is moving in.  It goes without saying, of course, that their LinkedIn company page will provide a wealth of information on initiatives and news, as well as employee testimonials.

Using all you have learned on social media, see if you can produce a list of the company’s core values.  Does their social media profile live up to what they say about themselves on their website, marketing material and how they are portrayed in the media?

Promoting your personal brand
After researching the company’s output on the different social platforms, it’s time to start thinking about where you might fit in.

Think carefully about the image you are projecting of yourself on social media. Read your own Facebook, your own professional Twitter, or your own LinkedIn profile. What are the similarities and differences? If a recruiter were to examine your social presence as you have the employers’ profiles, what would they list as the top five values being projected? What does your voice tell them about you? Compare these to the list you made for the company to see the parallels.

It’s here that you can start developing a strategy for how you’re going to present your personal brand to the recruiter. Think of your brand and the employers’ brands as being part of the same social media dialogue. You want to be part of the discussion; you want what you say to fit coherently with what they say, but – as in a physical conversation – you don’t just want to be a yes-man who agrees or mimics everything said by the other.

Recruiters are looking for someone who can move ‘the conversation’, and therefore their clients’ companies, forward.  By promoting yourself as someone with certain personal and business values, recruiters and companies are able to clearly see where you might fit into their own vision – and if you have a place among them.

Building stronger networks and finding your path
You’ve got to grips with your potential employer, you know what they want to see in a candidate, and you can already see a place for yourself in their organisation. However, that’s just one job. How can you use social media to get not just a job for today, but also help build a career for tomorrow? In an age where many argue that the traditional career ladder no longer exists, the answer lies in building bigger, stronger networks and developing a goal-oriented career path.

Developing your career path
In order to develop the right strategy for achieving this, you first need to become goal-oriented. These should initially focus on what you’re currently doing (ie your current and immediate goals at work and at home), what position you’d like to get next, and what you’d like to be doing in five years’ time.

Consider where you were five years ago and the progression you’ve taken. Now, think about how your employment history fits with where you want to go. Building up a strong idea of the trajectory you want to be on is key. When you finally get to that big interview for the job you’ve dreamed of for years, you need to be able to demonstrate that all your previous work has been leading up to this moment and this interview – that you know where this opportunity is going to take you and how you’re going to make the most of it.

Again, you can use social platforms to your advantage here. Many companies manage and operate careers pages on LinkedIn (the Deloitte page is a good example), which are well worth a browse if you want to find out more about not just its current opportunities, but also the company’s structure and where others’ experience has taken them. It will also give you further insight into the different groups of jobs (rather than specific roles) available. This can help inform your strategy and broaden your options further down the line.

Building stronger networks
After you’ve got a fairly comprehensive idea of your goals and planned trajectory, you need to work out who you need to know to help get you there. There is a lot of literature on working out who these people are (this Forbes article is an excellent example), so assuming you have a list of the types of people you need to know, let’s get down to the business of using social platforms to build strong(er) networks based on that information.

The connections that will jumpstart a new opportunity are very rare finds, so it’s important to be proactive – especially on social media. Let’s take Facebook as an in-depth example.

Facebook has spent the last few years making its services more professional and career-oriented. You might be thinking of brand pages or profiles, but it’s also true of individuals. Many people have professional Facebook profiles as well as personal pages.

Regardless of what your formal presence is on the site, there are a number of ways you can optimise your Facebook profile in a technical way for networking. As this helpful guide outlines, these are some of the ways you can ‘clean up’ your social media image:

  • Set a custom URL for your page
  • Optimise your privacy settings
  • Get a professional profile picture and complete your professional information
  • Create useful status content and share your blog posts

These principles don’t just apply to Facebook, but also to Twitter and other social networks you use.

Once you have a work-friendly profile optimised for networking, it’s time to start using it. One great facility on Facebook is the search bar, which has a tab entitled “People I may know.” You can use this to find people of interest who fit with your goals – and, best of all, they’re picked from your friends’ friend lists, meaning you have a mutual contact who can introduce the two of you if you don’t feel comfortable approaching them directly. (Again, the same goes for LinkedIn connections).

You can also ‘follow’ people not on your friends list, which allows you to see their content and engage with their public posts (either on a personal or business page). By making small, thoughtful contributions in the comments section (or through Twitter retweets), you can build a rapport and lay the groundwork for approaching the person in a professional context. This is also true of Facebook groups, which can be used as a very quick and efficient way of social networking.

Don’t forget about the interconnectivity of Facebook, Twitter, and LinkedIn. Once you have someone on Facebook, you can automatically connect with them on LinkedIn or Twitter, and vice versa. By managing your network of new contacts across multiple platforms, you’re maximising the reach of your personal brand, thereby helping to ensure you’re getting the most out of social media.

Social media is a hotbed of recruiters and companies looking for new talent – make sure that key platforms are part and parcel of your job search; both from the perspective of you exploring prospective employers online and ensuring that your online presence and profile are a magnate for recruiters and employers.

Photo: iStock.com/opera3d

SMF Appointed CEO at Seafish

Sainsbury Management Fellow, Marcus Coleman has been appointed Chief Executive Officer of Seafish from Compass Point Business Services where, as Managing Director, he led a multi-disciplinary organisation with a staff of 250 and a client base of more than 200,000 Lincolnshire residents.

Marcus

Under his leadership, Compass Point has established one of the most innovative and successful shared services models in the sector, reducing costs by around 25%.

Marcus has a wealth of senior executive experience in both the public and private sector and it was clear to the interviewing panel that his strategic leadership skills and his proven track record of delivery across a range of different working environments would allow him to quickly add value to the UK seafood industry.

Marcus will take up the position at Seafish in January 2016.

For the full press release visit Seafish.