Tag Archive 'HBS'

Feb 06 2010

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Super Bowl advertisements and soul of the MBA admissions applicant

It’s Super Bowl time. For me this mostly means Augusta (and Spring!) is just around the corner. But the football is always watchable and, as everyone knows, it’s as much all about the half-time show and of course the ads – which I believe for Super Bowl XLIV cost more that $2.5m for a 30-second slot.

Anyway, all this reminds me to share one of the profiling tools that I use with MBA admissions clients when required. The issue is always the same: to get an applicant to identify their core message, focus it sharply, and tell it in a compelling way.

So I tell applicants: ‘craft your own Super Bowl ad.’ If you were given the opportunity to advertise yourself in a 30-second slot on TV, what would you do and say? Let’s say Adcom members from HBS or Wharton or whichever is your dream b-school are watching. How would your ad go? What would it say? Remember it is appearing in ultra-competitive company, with other ads that are funny and wicked and purposeful and memorable in various ways. So how would yours stand out?

The time limit forces a focus on what’s essential, and the advertisement format demands an ‘angle,’ a point of unique interest. You wouldn’t just go ‘my name is Sam and I was born in Reno, and blah, blah, blah.’

I ask MBA applicants to ’storyboard’ it as if it were a real advertisement (it doesn’t take long, it’s only a 30-second slot after all.) Start with the first image, then the next. What is happening onscreen? What music is playing (why?), is there a voiceover and what is it saying, what text is on the screen? And so on, moving through the ad to its close.

You have seconds to pitch yourself. It’s costing you a fortune to be there so you can’t waste a word. You don’t need to (you could never) capture everything important about yourself. But you must capture and entice the viewers, and leave them with some unforgettable images and a message sandblasted on their brain.

Then if you can transfer the essence of your Super Bowl ad to your MBA essays and interviews (elaborating stories, and adding proof) your communication will pack the punch it needs.

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Dec 14 2009

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“What is it you plan to do with your one wild and precious life?”

The “goals” question remains the core of any MBA admissions application. Continuing on past posts I’ve put up here on how to manage it — beyond the usual blah of clearly enunciating your short-term and long-term goals and connecting that to why you need an MBA — here’s something worth considering on the HBS site: the Harvard Business School Portrait Project.

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hbs portrait project

http://www.hbs.edu/mba/profiles/PortraitProject/2009portrait/

Harvard Business School (not HBS Adcom) says: “Each year we ask our classmates [this year class of 2009] a straightforward, simple question taken from the last lines of a poem by Pulitzer Prize-winning author, Mary Oliver. It seems such an easy question on the surface, but sometimes the easy questions are the hardest to answer. Indeed, although we ask for only 200 words or less, most people grapple with the question a long time. We share with you intimate and candid responses from the Class of 2009 to this question,”What is it you plan to do with your one wild and precious life?” See what the students plan to do.

Now, consider the HBS goals essay: “What is your career vision and why is this choice meaningful to you?”

What is “career vision?” In their terms, what does “vision” mean? What does “meaningful” really mean? What do they expect of you? What will, as they say, ‘cut the mustard’ in this essay?

In fact, “What is your career vision and why is this choice meaningful to you?” is effectively asking the same thing, that is: “What is it you plan to do with your one wild and precious life?” You may say you want to be a hospitality logistics manager or an aviation entrepreneur … or anything. There’s no right or wrong answer. The point is why is it worth spending your one wild and precious life on? You have to justify it in those terms. That’s how you make it into a right answer.

This is true of the goals essay to any top school, not just Harvard.

For the Portrait Project HBS students get 200 words. For the HBS admissions essay you get 400 because you need to spend time nailing down how ‘what you plan to do with your one wild and precious life’ makes sense in terms of your past, the Harvard MBA specifically, and recruitment.

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Oct 16 2009

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Take a tip from George Soros in Managing the B-School Failure Essay

The criticism / weakness / failure essay is common in MBA Admissions essays because it is a test of an applicant’s maturity, self-knowledge, honesty, and ability to learn from mistakes. It is, in other words, the biggest indicator of real leadership ability and potential.

Sample questions are:

Tuck 3. Discuss the most difficult constructive criticism or feedback you have received. How did you address it? What have you learned from it?
Wharton 3. Describe a failure that you have experienced. What role did you play, and what did you learn about yourself?
HBS 2. What have you learned from a mistake?
Columbia 3. Please provide an example of a team failure of which you’ve been a part. If given a second chance, what would you do differently?

Applicants to business school very often struggle with these essays because they feel that admitting a weaknesses or sharing a time when they failed erodes their candidacy. In fact, it does just the opposite. Leaders know their weaknesses, and can admit them to themselves and others — in order to work on them, or work around them. It shows self-insight and points to seniority. No one is comfortable talking about their weak spots and failure. But nobody is perfect or has not failed. Not Bill Gates, not Richard Branson, not me, nor you, nor the admissions officer.

So it is not admitting a weakness is what will get you dinged, because it’s like waving red beacon that betrays inexperience and a junior mindset. If you “have no weaknesses” that just tells Adcom that you don’t know what they are yet or that you’re too immature to face them. It says you don’t know yourself, therefore you don’t yet know where you will mess up. You are a liability to yourself and your company

Take a tip from George Soros, self-made billionaire, philosopher, philanthropist, social reformer, and fund manager extraordinaire – famous for “breaking the Bank (of England)” by shorting the pound sterling in 1992 – who shares this candid account of his weaknesses …

“I’m a very bad judge of character. I’m a good judge of stocks, and I have a reasonably good perspective on history. But I am, really, quite awful in judging character, and so I’ve made many mistakes. It took me five years and a lot of painful experiences to find the right management team. I am please that finally I found it, but I cannot claim to be as successful in picking a team as I have been in actually managing money. I think that I’m very good as a senior partner, or boss, because I have a lot of sympathy for the difficulties that fund managers face. When they are in trouble I can give them a lot of support, and that, I think, has contributed toward creating a good atmosphere in the firm. But I’m not so good at choosing them.”

– ‘Soros on Soros: Staying Ahead of the Curve,’ Wiley & Sons, NY, 1995, p.18

See, the greatest business leaders all have weaknesses and all have made significant mistakes in their careers and their lives. The point is not to prove that you don’t fail, or won’t fail. It is to prove that you have the insight into yourself to be able to recognize and compensate for your weaknesses.

What Adcom wants to know is not how you avoided failure, but how you managed it, what you learned, what insights into yourself you gained, and how you grew from there. They want to see that you have the will and the insight to locate and understand the source of your mess up – the underlying weaknesses that caused it – and that you have the maturity to face and work on the issue.

To summarize: the weakness / failure essay is not testing to see if you have weaknesses. We all do. It is a test of your self-knowledge and maturity. The committee wants to see if you can candidly face, discuss, and work on your flaws, or if you will you try to hide them or blame circumstances or other people. This is a significant test of your readiness for senior leadership.

A note on tone
Soros is candid, straightforward, and objective in his self analysis. He shares measured self-insight with the reader. He doesn’t try to slip in softening or deflecting phrases, or hide behind humor; nor is he self-excusing or whining and looking to blame others – the mark of a too-junior applicant.

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Sep 25 2009

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HBS Adcom is answering applicants’ questions every day until the R1 deadline. Answers so far…

Deidre Leopold, Harvard Business School’s Managing Director of Admissions and Financial Aid is answering applicant questions at the rate of two a day on the HBS ‘From The Director‘ blog, until Harvard’s Round 1 deadline on October 1.

The following are the questions that have been selected so far, and HBS Adcom’s answers:

September 25, 2009

1. Are you reading applications now?
No. We don’t begin until the night of October 1. That’s when we print all applications and begin review. So our process is not “rolling” in a classic sense. That said, I would advise NOT waiting until the final moments before the deadline to submit because the server will probably be backed up and you will be very anxious.

2. When can I visit a class?
The online scheduler for class visits is available now. Class visits begin on Monday, October 19. Whether you have visited a class or not has no bearing on our consideration of your candidacy. However, here’s (yet another) plug for our video filmed in the first year classroom.

September 24, 2009

1. Must applications for the MPP/MBA Program, or other joint degree programs, be submitted separately?
Yes. In order to participate in a Harvard joint program, you must be admitted to each school independently. HBS offers five joint degrees with four Harvard schools.

2. May I scan an unofficial transcript into the application?
Yes. After admission, we require the official transcript to be sent to us.

September 23, 2009

1. Do you expect applicants who are working in consulting to include actual client names in their resumes and essays?
No – even though applications are confidential and not reviewed outside the Admissions Board, please don’t do anything that violates confidentiality policies of your organization. Use general language such as: “For a client in the energy industry, etc. etc. etc.”

2. I know that you need GMAT/GRE results in order to submit an application and that AWA/Analytical Writing scores can be added later…but what about the TOEFL or IELTS?
If you are required to take the IBT TOEFL or IELTS, you must have results to report or else we will consider your application incomplete until scores are reported. If you do not submit an IBT TOEFL or IELTS score by the Round One deadline of October 1, your application will not be considered until the next round.

September 22, 2009

1. Do you accept the GMAT or GRE total score in the application without the AWA or Analytical Writing score?
You must have a GMAT or GRE score in order to submit an application. If you haven’t yet received your AWA or Analytical Writing score, that’s fine. We will add it to your file when it arrives.

2. Is it OK to write about accomplishments that are not recent?
Every year, many successful candidates write about things that happened quite a while ago. It’s probably not a good idea to have everything you write about be from your childhood – we would wonder if you were moving forward or fixed in the past. As always, we encourage you to use your best judgment and remember that this is an application to business school.

September 21, 2009

1. What should I enter on the application for GPA if my university doesn’t use a 4.0 grading system?
Don’t enter anything. Don’t convert your grades to a 4.0 system. We review all transcripts and are familiar with a wide variety of grading systems.

2. Are essays read in consecutive order?
Not always. Each Board member may have his/her own way of approaching the written application. Speaking for myself, I often skip around with no particular pattern. If I start with an essay that seems to be building on a theme in another essay, I just go back and catch up. Not a problem. I can reassure you that all essays are reviewed!

Do You Have Any Questions? Submit your questions via email to admissions@hbs.edu and put “Questions for the director” in the subject line.

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Aug 14 2009

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A little parody on MBA ethics and the Harvard MBA Oath, from Comedy Central

Hey it’s August, and even though it’s definitely, seriously, MBA application season we can still have a little fun, right?

Here’s a video from Comedy Central / The Daily Show, featuring intrepid reporter John Oliver who enlists the “help” of a former convict to convince hold-out MBA students at MIT and Harvard to sign the MBA Oath.

In an interview of the type made famous by Sasha Baron Cohen (and with the same Oxford-dragged-through-Essex accent) Oliver talks to Columbia GSB ethics professor Bruce Kogut (he really exists, bio here,) who has not the faintest idea he’s been set up.

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The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
MBA Ethics Oath
www.thedailyshow.com
Daily Show
Full Episodes
Political Humor Spinal Tap Performance

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Of course, ethics is a real and important topic to get right in MBA admissions. For a copy of the oath, and what it means for MBA applications this year, see previous post here.

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Jun 18 2009

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What does the “MBA Oath” mean for MBA admissions? Ways to broaden your ethical platform, for a start

There are many aspects of success in a competitive MBA admissions process that don’t change whether we are in a boom or a bust, whether Wall Street is loved or hated, whether globalization is in vogue or not. For example, evidence of senior leadership responsibility successfully handled will never go out of style in a MBA essay.

But there are also more transient social or business attitudes “in the air” in any year which the applicant should be aware of and ready to address in MBA application essays or interviews, in order to maximize chances of success. These may change every few years. In previous times times, key applicant success attributes have been pointers to future business success, or new venture creation, or raising shareholder value.

This year, in the wake of the financial meltdown and global recession, much of which (rightly or wrongly) is blamed on MBAs, the accent is squarely on business ethics and long-term sustainability of decisions. These issues have been on the rise for a while, but their sudden prominence is demonstrated in the emergence and rapid spread of the “MBA Oath.”

The oath is the brainchild of a few HBS students, but has since been pledged by current and graduating MBAs from most major institutions and has garnered heavy media exposure, for example this story in Business Week and this audio clip in the Economist.

What does it mean for this year’s applicant? First let’s look at the oath

THE MBA OATH http://mbaoath.org

“As a manager, my purpose is to serve the greater good by bringing people and resources together to create value that no single individual can create alone. Therefore I will seek a course that enhances the value my enterprise can create for society over the long term. I recognize my decisions can have far-reaching consequences that affect the well-being of individuals inside and outside my enterprise, today and in the future. As I reconcile the interests of different constituencies, I will face choices that are not easy for me and others.

Therefore I promise:

  • I will act with utmost integrity and pursue my work in an ethical manner.
  • I will safeguard the interests of my shareholders, co-workers, customers and the society in which we operate.
  • I will manage my enterprise in good faith, guarding against decisions and behavior that advance my own narrow ambitions but harm the enterprise and the societies it serves.
  • I will understand and uphold, both in letter and in spirit, the laws and contracts governing my own conduct and that of my enterprise.
  • I will take responsibility for my actions, and I will represent the performance and risks of my enterprise accurately and honestly.
  • I will develop both myself and other managers under my supervision so that the profession continues to grow and contribute to the well-being of society.
  • I will strive to create sustainable economic, social, and environmental prosperity worldwide.
  • I will be accountable to my peers and they will be accountable to me for living by this oath.

This oath I make freely, and upon my honor.”

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MBA applicants should take all this on board very carefully, and look for past experiences that resonate. Adcoms won’t be looking for these words and phrases exactly (to use them verbatim would be an amateurish mistake) but it’s certain that they closely agree with these statements in general, and will be looking harder than ever for people who appear to understand this side of business administration and who will stand up to ethical tests through their careers. Remember Adcoms have taken plenty of stick too for filling classes with greedy self-profiteers, and are under more pressure than ever to pick a better kind of person.

Some of the Oath is just the usual good-citizen catechism: serving the greater good, demonstrating integrity, pursuing work in an ethical manner, balancing interests of shareholders, co-workers, customers and the society (triple or quadruple bottom line), not advancing ones own narrow ambitions, upholding the law, reporting accurately, and being accountable.

At a minimum it is important for MBA applicants to endorse this framework, or not seem to run foul of it. But this is common stuff. Other attributes of business and management ethics are perhaps less well known or defined, and here an MBA applicant can really score using the principles revealed in the Oath. Note that the Oath also sets these ethical goals:

  • bringing people and resources together to create value no single individual can create alone
  • creating value for society (not just self or company)
  • developing other managers under your supervision
  • appreciating the far-reaching and long-term consequences of decisions, and acting accordingly
  • pursuing sustainable economic, social, and environmental prosperity (not just fast or big prosperity)
  • distributing benefits of prosperity worldwide

This is a good starter list of ethical attributes that many applicants will miss, but which provide subtlety and differentiation for applicants who understand them, and who can find evidence of them in their personal and professional history.

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May 22 2009

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Harvard Business School essays (2009-10) add a cover letter just like MIT Sloan’s

Harvard has released their new essay questions, and deadlines for 2009-10, adding a cover letter essay (optional) which MIT Sloan’s has as a standard request for years. Still only four essays are required for HBS, and the first two compulsory questions remain the same:

1. What are your three most substantial accomplishments and why do you view them as such? (600)
2. What have you learned from a mistake? (400)

For essays essays 3 and 4, applicants now have five topics to choose from (up from four) two of which are new. One , a cover letter “introducing yourself to the Admissions Board,” is equivalent to the MIT Sloan signature essay.

This is no surprise. Cover letters are deeply difficult to get right because they require acute balance between brevity and detail. They test your ability to extract and communicate what is really important – demonstrating a key management skill.

The other new question: “Tell us about a time when you made a difficult decision,” is familiar ground in admissions, and something well covered in MBA Studio’s profiling process that focuses on your key life transitions (why?) and prepares you for questions like this in your essays and interview.

The full set of options for HBS essays 3 & 4 are:

Please respond to two of the following (400-word limit each):
1. What would you like the MBA Admissions Board to know about your undergraduate academic experience?
2. Discuss how you have engaged with a community or organization.
3. Tell us about a time when you made a difficult decision.
4. Write a cover letter to your application introducing yourself to the Admissions Board.
5. What is your career vision and why is this choice meaningful to you?

The deadlines are (all 5pm EST) R1: October 1, 2009; R2: January 19, 2010; R3: April 8, 2010


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May 06 2009

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Peering into the MBA classroom is good preparation for MBA admissions

A week or so I blogged about Harvard case method and included the HBS promotional video featuring the case method. Here’s another one, this time from Darden (University of Virginia Business School).

The video “Highlights of a Darden Case Study Class” is here:

First, this shows how widespread the case method is in b-schools. In my experience, applicants think they must show their identification with the case method for Harvard, but tend to overlook it for all their other applications. For HBS it comes across as formula, unless you add a unique perspective. And there’s certainly no harm in mentioning it other places, particularly where a school has publicly featured it in their promotions.

The broader value in watching videos like this – and this blog will feature more of them over time – is they are absolutely valuable (and free!) insights into what goes on in a b-school classroom. This gives a good idea of the kind of applicant MBA Adcoms are looking for. Particularly not how much the emphasis is on discussion, communication, questioning, argument, thinking. Most of business school is not about absorbing facts or calculating answers.

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Apr 28 2009

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Some Harvard puffery, but good insight into what HBS looks for

Harvard Business School has a promotional video up at http://www.hbs.edu/mba/academics/

The video can also been seen here.

This video was embedded using the YouTuber plugin by Roy Tanck. Adobe Flash Player is required to view the video.

It’s an ad for HBS of course, highlighting its main point of distinction: the case method, which, according to HBS creates “special moments that pull everything we have learned into focus. When theory, practice, experience and talent all come to one sharp point — a decision.” And so on.

For the MBA admissions applicant this is a worthwhile watch for a few reasons

1. It is good insight into how b-schools work and think. It is good background on the culture and attitudes at play, including overall assumptions and ethics, and therefore what would be expected of the next class too.

2. It is good insight into the dynamics of the business school classroom, and the requirements of individual and group-based learning. The applicant positioned well to work in this way, is well positioned to be admitted.

3. It is good insight into the case method of teaching. HBS is “ground zero” of the case method, but actually almost every school uses cases to a significant degree, so it is useful for understanding all schools.

By the way, the case method has been under a bit of scrutiny, and voices have been raised that Harvard did not adequately prepare its graduates to assess risk / business failure (the credit crunch and fallout). See example stories in Forbes and Bloomberg News. But, to me it doesn’t look like HBS did worse than anywhere else …

Note also how HBS focuses on its distinctive marker – the case method – in branding and advertising itself. Same principles apply to MBA applicants.

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