What are the benefits of submitting your MSc application early?

When applying to our MSc programmes, it is important to consider how the admission process works for the programme you are interested in, and if it involves application deadlines. In addition to deadlines, it is also good to understand the amount of time it could take before you receive a decision on your application. 

Although not all programmes have application deadlines, it is always beneficial to apply early. This post will explain the advantages of applying early and will guide you through how application deadlines work for the programmes that have them.

Applying for your visa

Our Admissions team are experienced with the Student Visa process and this experience has given us a good understanding of what to expect each year. Visa applications can sometimes be fairly time-consuming, therefore the best way to avoid any complications and delays with the issuing of your visa is to make sure that you apply to our MSc programmes sooner, rather than later. It is also important to have considered the time it could take for us to provide you with a decision on your application, as you must have an unconditional offer before the visa process can begin.

We always try to make sure as few students as possible experience any difficulties with acquiring their visas but applying early truly is the easiest way to avoid any disappointment.

Network and meet your classmates early

One of the most exciting reasons to apply early is to start to experience the social benefits this can bring. We organise a range of exclusive events and activities for our admitted students. This means that you can get to know your future classmates sooner and start to feel a part of the Business School community before you have even officially enrolled on your programme. We also provide a platform for you to connect and interact with your future classmates so you can begin making friends straight away.

Make use of our Career Service

On a professional level, our Careers service is an extremely popular feature of joining the Business School. Access to the team’s support, advice and guidance that is tailored to your own specific career needs, is also available for our admitted students, who can gain use of the service in the months leading up to the start of your programme. This expert support can boost your professional development, help you to prepare for summer internships before joining us, as well as assist you with the application process for post-MSc graduate roles. Importantly, many large firms that hire graduates set their job application deadlines very early on in the academic year, so it is good to get ahead of the game as early as you can.

Scholarship deadlines

If you are hoping to be considered for one of our scholarships, you must ensure that you apply early, and specifically, by the scholarship deadline.

Similarly, if you’re applying for an external scholarship, it’s important to consider both the scholarship deadline and our application deadlines to ensure you don’t miss the opportunity to study with us.

How do our application deadlines operate?

Programmes included:

For the programmes listed above, there are several admission rounds throughout the year. If you submit a complete application by one of the application deadlines, then we will guarantee you a decision by the decision date specified. In between the application deadline, and decision date, applicants for MSc Business Analytics and MSc International Management will also be expected to complete their online interview. This must be completed on time for you to be considered in the admission round in which you applied.

For most of these programmes you will hear the decision on your application at the end of each round, which is approximately 1 month after the application deadline. Please check the relevant webpage above to find out the specific deadlines for your programme.

Which programmes do not have application deadlines?

These programmes do not have application deadlines. You can submit at any time while applications are open. Although there are no specific application deadlines our programmes are all highly competitive, so we recommend you apply as early as possible. Our typical response period for these applications will be around 8-12 weeks.

We hope to receive an application from you soon! 

Jerry Voong

About Jerry Voong

MSc Recruitment and Admissions Officer - Management Masters'
I am an MSc Recruitment and Admissions Officer at the Business School, since starting in January 2020. I am currently responsible for the MSc Management and MSc International Management programmes.

Preparing to relaunch or transition your career

Dominie Moss

Guest blogger Dominie Moss, Founder of The Return Hub* gives advice on relaunching your career or transitioning into a new career and how to make sure you stand out against the competition.

Preparing to relaunch or transition your career

Highly qualified, heavily experienced and skilled, but struggling to even get feedback on your CV let alone an interview? Intentionally or not, some recruitment practices make it easier for companies to hire people who are like the people who already work there (square peg-ism) – because it’s easier just to wave in ones who match their existing employee mold, rather than spend time searching out and assessing new kinds of people to join.

I meet hundreds of highly skilled, experienced and qualified professionals who have taken time out to care, to travel, to study or to start their own businesses and are overlooked in this way. Many are already in careers, but looking for a way to transition into something slightly different and struggling to make that leap because they are still considered a round peg.

To my mind, this is a hidden talent pool and thankfully, there are increasing numbers of forward looking firms that are beginning to share my view.

So how can you best prepare to relaunch or transition your career?

Focus your strategy

It is important that you know what it is that you are aiming for and that you can visualize what that might look like. Ask yourself some key questions before you make a start on your search:

  • What do you want to do?
  • Why do you want to do it?
  • Will it fulfill you?
  • How do you want to work (what working pattern can you commit to?)
  • What environment will suit you best?

The honest answers to these questions will set you on the right pathway. Ring fence 3 or 4 types of roles that would suit your experience and where you can add value.

Research your target area

Look carefully at the industry and the firms you’d like to target. Visit the relevant company websites. Do they have a diversity and inclusion policy? Have they published career case studies that demonstrate an openness to hiring? Have they run a returner programme or similar? Use social media to further drill down. Twitter, Facebook and Instagram can give you a more informal insight and these feeds are often more up-to-date than websites.

Identify where your skills gaps are

If you are looking to transition into a new area, what will you need to get up to speed? Look at the relevant industry bodies for support. Organisations such as the CFA Society for example offer lots of resources to their members. Check alumni groups for resources to help you keep up-to-date and current.  There will also often be networking events, webinars, articles and courses – all of which will help you to keep or become current in your chosen sector. Consider what technical or regulatory qualifications you might need if you are looking for a career change. What other skills are there that would add value to your chosen field. If you haven’t already got a specific qualification, you may want to consider whether further investment will be right or necessary for you to achieve your career goals.

Sharpen your CV

Your CV outlines the business case for why you should be hired. It should demonstrate what sets you apart from all the other people in the market and how you can meet the needs of the organisation. Showcase your skills rather than your knowledge (which may or may not transfer) and how they could be applicable and transferable. How can they be used to demonstrate you can find solutions in your target industry? What are the pressure points and how can you help? Describe each role with achievement-led bullet points and illustrate these with examples with what you have delivered.

Beat the Applicant Tracking System

Sometimes referred to as an ATS, most companies and traditional recruitment agencies use Applicant Tracking Systems as the first stage of the screening process. So if you have emailed your CV via one of these and you have a gap in your CV or your skills don’t match the role,  your CV may never get in front of a human! This can really sabotage your attempts to get an interview so it’s important to tailor your CV to the relevant role using key words. Choose 6 or 8 key skills and bullet point them at the top of your CV.

Network

In his book Empowering yourself, the organisational game revealed, Harvey Coleman asserts that performance counts for 10% of your success, image 30% and exposure a huge 60%. Furthermore, it is estimated that around 80% of people actually get their jobs through their networks. 

You should look to meet people that can advise and mentor you and can point you in the right direction. Take some time to think about your current network and how diverse it is. Look to actively expand this with people that can help you on your journey. LinkedIn is a good starting point for this, but look strategically for networking events that you can attend to make new contacts.  Be bold and ask for help – you’ll be surprised with where it might lead.

* The Return Hub is an executive search firm that places professionals who want to relaunch their careers with employers in the financial services sector. They also advise on and implement practical strategies that companies can use to target, assess, hire and support returning talent.

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It's not easy being green: Decarbonising transport and the grid

Electric-Car

Dr Billy Wu

19 July 2017

Decarbonising transport and the electric grid has been a long sought after aspiration of many nations in order to reduce greenhouse gas emissions and reliance on oil and gas. Transport alone contributes to around 14% of the 49 GtCO2eq produced globally as estimated by the Intergovernmental Panel on Climate Change. Catalysed by this, electric vehicles (EVs) have in recent years emerged as a potential solution and as of 2015 1.3 million EVs were in use globally, representing a 67% average growth rate since 2012. Yet despite this rapid growth, EV sales still only make up a small proportion of the 90 million vehicles which are annually produced. Whilst commercialisation of EVs continues to grow, this is accompanied by a plethora of market analysis showing aggressive forecasted growth rates which attracts new investors and start-up companies alike. However, since Sony released the first lithium-ion battery in 1991 there have been many false dawns for the EV revolution, in part due to the misalignment between technology development and media hype. So, the question is: what is it that actually holds back innovations in EVs and specifically the battery which is at the heart of the vehicle?

A lithium-ion battery is made up of 2 main components (though there are others): the anode and the cathode which are the negative and positive halves of the battery respectively. The modern day lithium-ion battery was first demonstrated by Professor John Goodenough, who in 1979 championed the lithium cobalt oxide cathode material. Later in 1980, Professor Rachid Yazami demonstrated the graphite anode which was the other half of puzzle. Together, these innovations allowed Sony and Asahi Kasei to commercialise the technology in 1991. This origin story highlights one of the key challenges with the commercialisation of lithium-ion battery technology; innovations have a long incubation period to validate performance.

To appreciate this, the Joint Centre for Energy Storage Research in the US has defined a range of battery technology readiness levels (BTRL). At BTRL1 there is a material breakthrough. BTRL2 is then to figure out how these materials can be synthesized repeatedly. This can take upto 1-2 years. From there, BTRL3 is to take the material and make a small battery and validate it’s performance which can take 2-5 years. Once confident, BTRL4 then scales up this proof-of-concept cell and again validates its performance which is another 2-5 years. Finally, once validated, at BTRL5-6, material scale up is performed and battery packs are made for vehicles for real world testing. This can take upto 5-10 years. Therefore, full commercialisation can take anywhere from 10-22 years.

Despite these challenges, companies and governments are investing significant amounts into research and development of battery technologies. Globally: Samsung SDI, LG Chem, Panasonic and BYD are amongst the largest battery producers. Panasonic in particular are the key partners of Tesla and their gigafactory. Whilst there are also many smaller start-up companies, a key challenge is the high cost (often >$100M) in commercialising battery technology and the long incubation period before profitability is realised. Companies such as Samsung, LG Chem and Panasonic are able to absorb significant R&D costs however, this has been the failure point of many start-ups.

A notable example is A123 which was a spin-out from MIT who pioneered the lithium iron phosphate chemistry. Whilst, the core innovation was scientifically sound, they filed for bankruptcy in 2012 having being founded in 2001. The Chinese company, BYD, which was founded in 2002, also uses the same lithium iron phosphate chemistry however is currently the largest EV producer. This is in part due to the $435M subsidies BYD has received from the Chinese government. Many of China’s internal combustion engine vehicles do not currently meet emission standards to be sold in western markets and therefore China sees EVs as a means of increasing their automotive market penetration.

Noting that Professor John Goodenough’s original battery work was done in the University of Oxford, the UK has not managed to retain the value of this breakthrough significantly. To this end, the UK government have recently announced via the industrial strategy fund £246M for the Faraday Challenge to address the need to stimulate fundamental and applied research in batteries.

Whilst, the immediate focus is on decarbonising transport we must also not forget that the overall objective is carbonisation of the whole system. Analysis has shown that in heavily coal powered electrical grids, converting all vehicles in that region can actually cause more CO2 to be emitted as this merely shifts the problem. Thus, decarbonisation of the grid is also needed. Whilst, many have suggested lithium-ion batteries to also be the solution, the challenge of scale and safety become an issue. Therefore, for large scale and long duration storage needed to ingrate wind and solar, grid operators are turning to technologies such as redox flow batteries, thermal storage and compressed air storage.

Despite all uncertainties highlighted in this article, one thing is certain. Decarbonisation of transport and the grid is needed in order to avoid irreversible damage to the environment. Skeikh Yamani, the former Saudi oil minister summarised this elegantly by saying “The Stone Age came to an end, not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil”.

Dr. Billy Wu is a lecturer at Imperial College London in the Dyson School of Design Engineering where he works on additive manufacturing (3D printing) and electrochemical devices.

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Imperial Business in the City: the Future of Real Estate

Real estate

For the 5th event in the Imperial Business in the City series David Miles, Professor of Financial Economics at Imperial College Business School, discussed his recent research on the future of Real Estate – specifically on whether we can expect house prices to continue to rise.

David took the audience through historical, current and future context, influences and impact on houses relative to incomes and the implications they have for home ownership. Further details of David’s research and his conclusions can be read on IB Knowledge.

On concluding his talk David was confronted with a tsunami of questions from the audience all wanting to discuss and understand the variables that will potentially affect future house prices. For example:

How might Russian oligarchs influence the price of property, especially in the ‘super-heated’ South East?

What part will construction companies play in supply and demand for property?

What if more people commute to the dense employment areas from further afield?

David agreed that the variables were many and all potentially significant.  What he left us with was the prospect of a perfect storm of factors such as – a rising population, static incomes, construction techniques being unable to counterbalance high base land prices, people being unwilling to make a significant shift in spending habits from consumer goods to housing, and transport infrastructure that would be unable to improve enough to move commuters from further out from the crowded South East.

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How to Lead with Confidence

How to Lead with Confidence

Dr Jayanie Kodituwakku

The lack of confidence relates to a lack of self-esteem and the perception of how others see us. I find it is an increasing issue I hear from Business Leaders across all levels in an organisation. Who doesn’t feel a lack of confidence at one point in our life? And for some there is a more consistent version of this.

When we feel a lack, we don’t think so well about ourselves. This can produce an adverse impact on your performance including:

  • Not producing the results that are expected from you and your team not matter the circumstance
  • Stepping back from giving your valid expertise and experience
  • Unfocussed decision making
  • Poor Leadership
  • Playing small across the board!

THE BIG MYTH

The old way of thinking about self-esteem and confidence is that you either have it or you don’t.

Most of us are bought up to think that if you don’t have confidence we have to work hard to develop it. However, everyone has these feelings of a lack of confidence, they come and go. But we can begin to falsely believe that if we have these feelings a lot, it is a characteristic that will always stick. We may label ourselves ‘I am not a confident person’ or ‘I have no confidence’.

We are born with confidence. It is the nature of who we are. If you observe children, they have an abundance of confidence. The other day I heard my nephew, who is 6 years old declare ‘I am a genius’ with such belief in himself, he just knew it. He had learnt how to count up in a sequence of 5’s to 100.

‘What if everything you’ve ever thought about where confidence comes from is simply not true?’

When we fall deeply into the present there is no feeling of a ‘lack of confidence’ or insecurity.

Confidence does not come from our upbringing, genetics, our environment, the people we socialise with or anything outside of us. But we may buy into the myth that surrounds confidence because no one tells us anything different.

*

Dr Jayanie Kodituwakku is a former PricewaterhouseCoopers Management Consultant, Coach and Innovator. She works with individuals, teams and organisations to reveal the unexpected keys to Insight; the ultimate leverage point for creating a thriving business and life. To learn more about Jayanie’s ‘Leadership Immersion Experience’ please click here.

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Management Fundamentals in the NHS: A Case Study

A Case Study

In today’s NHS, complex and challenged as it is, the importance of management  skills cannot be overstated. All senior clinicians run teams, manage resources and set strategy for their service and need to do so effectively. At the same time the public worry – and sometimes get angry – about ‘managers’ taking too much of the precious resource.

Faced with these challenges and an extremely busy environment, one NHS Foundation Trust decided that its senior staff needed practical means to develop management skills appropriate to them and so the CNWL Management Fundamentals Programme was developed and is now in its fourth year.

Central and North West London NHS Foundation Trust (CNWL) is one of the largest trusts in the UK, with almost 7000 staff. It provides Mental Health and Community Health Services to a number of boroughs in North West London and in Milton Keynes and specialist services – sexual health, addictions, eating disorders and prisons across a wide geography in London, Surrey and Kent.

The CNWL Management Fundamentals Programme equips senior clinicians at the trust with the leadership skills required for their managerial roles.

Programme Director and Chair of CNWL, Professor Dot Griffiths comments, “The advantage is that we can make it very focused on our Trust and the challenges specific to us.”

The programme is continually revised so it remains relevant in the fluid terrain of the NHS. This year, it was built around the five core challenges that the Trust faces: the landscape it operates in; finance; service quality; the workforce, and leadership – with modules focusing on each of them.

The Programme invites delegates to explore these challenges from the perspective of the Trust and of their Team. It uses a variety of speakers from health and other arenas like successful schools and national think tanks, as well as Executive Directors and specialists at the trust. Held away from the Trust, usually at the University, it uses a variety of teaching methods.

In speaking about the first module, one delegate noted, “it is a particularly beneficial course as topics were directly related, and could be applied to, practice within CNWL. It was also coordinated in such a way that facilitated networking with colleagues across departments that we would not necessarily have the opportunity to meet otherwise.”

At its core, the programme gives clinicians time outside their extremely busy working lives  to reflect on and develop their skills with their peers.

Dr Simon Edwards was a physician in HIV when he started the programme. He is now the Clinical Director for Sexual Health and HIV Services and the Trust-wide Clinical Lead for Quality Improvement:

"“This was a fantastic course which had a massive impact on my personal development and career. It enabled me to experience life within CNWL beyond my own department and both inspired me and gave me confidence to take on new roles within the Trust. It was a life changing course for which there is no going back….I always strongly recommend the course to colleagues not only for their personal career development but for the benefit of the services in which they work.”"
Dr Simon Edwards
Clinical Director for Sexual Health services

Dr Cornelius Kelly, Programme Director and Medical Director of CNWL, said, “when we started four years ago we focused on (medical) Consultants but two years ago we opened up entry to all senior clinicians (doctors, nurses, psychologists, therapists, pharmacists) and this has undoubtedly added strength; the programme now more closely resembles the reality of the NHS and the challenges faced by its diverse leaders and managers. We give the participants a number of tools to look objectively at themselves, their team and service; we ask them to consider what changes might be made to deliver high quality, effective and efficient care to informed patients and carers in the twenty first century. We focus on measurable outcomes rather than inputs, taking examples from other high performing public services facing similar challenges. The feedback has been very good and we are seeing a positive impact on service delivery.”

The Programmes is organised into four two-day Blocks, each a month apart.  Each Block has a theme based around the challenges, and each Block is designed to test the delegates personally.

Participants contribute back to the Trust through Team and Personal Action Plans, and through a substantial Quality Improvement Project. They apply their learning from the programme to their particular service. Past examples have generated huge savings from changing pathology requirements,  the development of dementia screening in prisons, and exploring commercial opportunities for certain types of psychosocial training.

"“The course has been like liquid gold…. A fantastic opportunity for me to have a reflective space away from my work setting to deepen my knowledge about the organisation and myself. It’s been a journey of awareness that has empowered me as a leader and given me skills, knowledge and, above all, more confidence. The quality of the teaching, workshops and interactive sessions was superb, I’ve thoroughly enjoyed every minute. I’ve welcomed the opportunity to meet colleagues from across CNWL who are motivated, dynamic and innovative and who have all contributed to the richness of this experience. Dot and Con are a wonderful partnership with such expert experiences but who connect with you at a human level and are integral to the personal and professional development of all the participants. They are leaders for CNWL to be proud of and they are growing the next generation of leaders through this course.”"
Dr Stephanie Oldroyd
Director for Milton Keynes mental health services

Dr Deirdre Bonner, a Consultant in Old Age Psychiatry, attended the programme in 2015. At the time, Deirdre was running a pilot in women’s prisons, screening the over 50s prison population for dementia.

Deirdre explained, “the prison population is aging and many prisoners have the biological characteristics of people fifteen years older than themselves. In the pilot we found a prevalence of dementia significantly higher than in the general population and a large number of the population had risk factors which would place them at risk of vascular dementia in the future.”

Dr Bonner developed a proposal to improve the diagnosis of dementia in prisons, providing appropriate support to prisoners, and dementia training to staff to enable appropriate release planning. She presented her business proposal at a conference chaired by the Head of Health and Justice Commissioner for NHS England South and received a positive response

Delegates begin their projects early in the programme, and continue to work on them with support from a coach for six months.

In the four years it has been running the Programme has developed a great reputation in the Trust.

"“A thoughtfully constructed course, which delivers an inspiring programme for development in a supportive and encouraging environment. There are lots of thought provoking discussions and a strong element on professional self-development. It was a privilege to learn from such an array of experts as well as have the opportunity to network with inspiring colleagues from across the Trust. Definitely the most helpful management/leadership course I have attended.”"
Jackie Box
Member of the Trust's Pharmacy Team
"“This programme has been a wonderful, inspiring and very helpful experience in reflecting on and developing management skills but also thinking about NHS context in general, generating new ideas and above all energized motivation to improve and develop clinical service within a challenging context! The personal feedback (Myers Briggs, EI etc) is invaluable for personal development for both my managerial and clinical roles. It's a privilege to have access to this learning opportunity and time to reflect in a group on our personal development. The QI drive in CNWL is a wonderful opportunity to take steps in adapting and improving our services and provides an opportunity to learn and collaborate within a national context. Thank you to everyone!”"
Mario Eugster
Music Therapist
Mario Eugster

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How to Be a Resilient Leader in the Face of Chaos

How to Be a Resilient Leader in the Face of Chaos

26 October 2017

Conscious Leadership Notes – How to Be a Resilient Leader in the Face of Chaos

Dr Jayanie Kodituwakku PhD

At the end of our performance year we may be asked the following questions:

  • How well did you perform this past year?
  • What did you contribute to your team’s performance?
  • How have you made an impact in this company?

Resilience impacts our performance at an individual, team and firm level. If we don’t see where it evades us, we tend to perform at the same level we always have. Can we consider there is a level beyond what we currently experience?

When things get tough

There is much literature out there on what resilience is. To simplify this, let’s say resilience is our ability to bounce back when presented with a challenging situation. It allows us to continue to perform at a high level.

Depending on who you are, you may have encountered tough situations which could be on a daily basis in the work place or every now and then. Rather than being able to bounce back we may do the following:

  • Overwhelm ensues
  • Get anxious about our work
  • Start blaming our leaders or management
  • Point the finger at people we work with, it’s their fault!
  • Stress takes over
  • Performance at work may drop

I remember once working for a firm where two colleagues were on a ‘performance improvement plan’ – a PIP. They lost their ability to rebound and then it got worse as they started to believe they were not good enough.

Even if we are seemingly performing well at work, something may have to give way in other aspects of our life.

Ignorance is not bliss

‘Be Resilient’ we hear. Life would seem to be much better if we were resilient. So ‘how do I do that?’. When looking at the ‘how’ we gravitate towards a self-development book, a positive affirmation, yoga, a course, mindfulness or some sort of technique. These can help to a certain degree but in all my years working with leaders in organisations I’ve never seen tools or techniques create the sustained impact on resilience desired by an individual. Especially in circumstances when a curve ball is thrown.

We may also be in the misunderstanding that resilience is a ‘quality that may develop over time’ and needs to somehow be acquired through experiential learning or knowledge gained from ‘wise people’.  This is simply not true.

"We can't solve problems by using the same kind of thinking we used when we created them."
Albert Einstein
Theoretical physicist
Albert Einstein

If we look at resilience from a different viewpoint, we can see how to reveal it, than acquire it.

Let’s do this

Firstly not all leaders, this is inclusive of anyone that is making decisions, may have an awareness they could do with some help in the resilience department. It just becomes normal for us to struggle, we get by and cope.

The first thing is to notice when you’re feeling tense, anxious, worried, focus is off or if there’s something you can’t quite put my finger on but know it doesn’t feel right. We can then begin to see the nature of thought and how our experience is being created.

When you wake up to the fact that your feelings are created by a thought-generated perceptual reality, it opens you up to a new way of experiencing the situation.

For example, have you noticed when you’re really angry at someone and then you get distracted by something else, you stop being angry. But then you think about that person again and you become angry.

Resilience is not acquired, it is not learnt and it is not handed down to you from previous generations or an ethereal mystery.

We all have a universal capacity for resilience in any given moment. It is not dependent upon what is going on around us. The only thing that gets in the way is a misunderstanding of where we think it comes from. You have the potential to be resilient right NOW.

***

 Jayanie is a former PriceWaterhouseCoopers Management Consultant, turned Innovator, Business Advisor and Coach who shows leaders the unexpected keys to Insight; the ultimate leverage point for creating a thriving organisation, team and life. She can be contacted via http://www.jayanie.com/. If you want to know more, sign up to her newsletter.

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The future of Executive Education: Imperial’s new Director of Executive Education talks pressure, technology and 19th century business practices

David Brown

The future of Executive Education: Imperial’s new Director of Executive Education talks pressure, technology and 19th century business practices

David Brown joined Imperial College Business School in March as its Director of Executive Education. His appointment to the newly created role is part of a wider initiative to accelerate, expand and strengthen the School’s Executive Education practice (the programmes it offers to businesses and industry executives).

We sat down with David to find out more about his plans for the future of Executive Education.

What were you up to before you joined Imperial College Business School?

I’ve always been interested in developing ideas and growing businesses. I began my consulting career with Mars & Co, which had grown out of BCG, and then joined Andersen Consulting, which is now Accenture. I eventually set up my own consulting business, specialising in leadership and business development training. A few years later, I got a call from London Business School, asking whether I could help turn around their sales and marketing within executive education for six months. Nine years later, we’d transformed the business in terms of quality, reputation, revenue, profitability and working environment. We became nearly 50 per cent of the school’s revenue. I’m so thrilled to now be here at Imperial College Business School, where we have a terrific opportunity to grow and develop what we do.

What is executive education?

It refers to programmes that are targeted at leaders working in managerial or executive roles. At Imperial, we run both open enrolment programmes for individuals or small teams, and bespoke custom programmes for larger teams or organisations.

Executive education is about four things. First, it’s about developing new knowledge, skills and attitudes, and ensuring executives have the confidence, practice and commitment to put those things into practice. Second, it’s about helping individuals through transitions as they become more senior, or as they take on responsibility for new areas. Third, it’s about organisational change and developing the new capabilities organisations need to deliver strategic change. Finally, it’s about being forensic in what it is that you’re trying to achieve.

What do businesses actually want from such programmes?

Everyone wants fast, cheap, digital and impactful. They want great networking opportunities, “wow” moments and minimal time out of the business. Some of those things are mutually exclusive.

Our role is to help clients find a solution that exactly meets their needs. Part of what makes this job interesting is that often companies don’t know what they want to achieve, or don’t agree. We help them establish and then measure the value of specific programmes. Once we’ve done that – starting with the end in mind – it’s a lot easier to design the programme.

How has that process changed?

Thanks to advances in technology, the speed of change in business has been extraordinary, and looks set to increase. Many executives need help understanding the changes, implications of those changes, and how to work differently with colleagues, with different parts of the organisation, with customers, competitors, regulators and suppliers.

At the same time, many managers and executives are getting increasingly anxious. That’s partly due to the speed of change, but it’s also because the pressures and level of scrutiny placed on leaders are greater than ever, and that’s made being a leader more difficult – and exciting – than ever.

Most working environments have changed. Executives themselves have changed – or need to change. That means the need for learning has increased, but the time and money available is reducing in many companies. It’s a challenge that needs creative solutions.

Creative in what way?

Executives need to be able to engage with the people who are actually creating the future: the researchers, the scientists and the early adopters. They also need to be able to directly engage with some of these new technologies and ways of working. We need to create a visceral experience of working with new technologies, big data, AI or rapid design to help executives understand what might be possible, to explore faster, more innovative and more effective ways of creating the future.

Imperial has long been a leader in great learning design, and we work with our colleagues up and down Exhibition Road – the Royal College of Art, the Royal College of Music, the Royal Geographical Society, the Dyson School of Engineering, the Data Science Institute, our medics and engineers – to provide amazing learning experiences.

And that will involve a certain degree of experimentation?

Experimentation bridges the gap between an interesting idea and a practicable business reality. For over 100 years, Imperial has been helping students and organisations experiment. The tragedy for business is that, for many people, experimentation – even play – was something they left at school. Stimulated by new experiences, we need to help executives develop ideas and test whether they work in the context of their business and their industry. And then we explore how to refine and scale those ideas.

Does that mean you have to change the way you teach, or are you still handing out photocopies and pointing at a blackboard?

Many people think digital or face-to-face learning is an either/or. We have to design every programme to meet the clients’ needs in terms of time, people, money and outcome.

We are incredibly fortunate to have a world-class Edtech Lab within the Business School. We think we have some of the most interesting programme designs around. We mix in-person sessions of 15 to 150 people from around the world with online learning and create extraordinarily high levels of peer-to-peer and faculty-supported learning in a way that very few organisations can achieve.

What do you see as the biggest risks to organisations at the moment?

Most businesses are still organised around 19th or early 20th century business practices. Given the speed of change, many firms will find themselves ill-equipped for the future. That will have implications for individuals, communities, even countries. In working with large organisations on organisational change, we can begin to help. And, basically, make the world a better place.

This article originally appeared in the 2019 issue of Imperial Business.

Executive Education recognised for leadership education by international body

Executive Education has been recognised for its offering by the Association to Advance Collegiate Schools of Business (AACSB).

We have been recognised by the world’s largest business education alliance for our pioneering ImpactLab™ – an experiential approach to learning which uses lab settings from across the College.

These experiential approaches take managers and executives out of their comfort zone and into unfamiliar environments in which they can experiment with new ways of thinking and working.

The ImpactLab™ takes place in settings across the College including the Carbon Capture Lab in the chemical engineering department, a performance simulator housed in the Enterprise Lab and a sequential simulation in partnership with the Centre for Engagement and Simulation Science.

These environments are used to help participants manage uncertainty, time constraints and stress. In the Carbon Capture Lab leaders are divided into two teams and given a 30 minute task of transporting carbon across the North Sea with the aim of focusing on decision-making under stress.

The performance simulator is a virtual reality simulator which allows business professionals to build their confidence in public speaking by giving a presentation to a virtual audience. The simulator, which was developed by the Royal College of Music, was originally designed to help musicians overcome their fear of performing in front of a large audience.

The association singled out Imperial in the category of schools that ‘Enhance Approaches to Leadership Education and Development’. This is for business schools who are creating non-traditional and sometimes cross-disciplinary opportunities for students to hone their leadership skills both inside and outside of the classroom.

""Imperial has long been a leader in great learning design, and we work with our colleagues up and down London's Exhibition Road – the Royal College of Art, the Royal College of Music, the Royal Geographical Society, the Dyson School of Engineering, the Data Science Institute, our medics and engineers – to provide amazing learning experiences.""
David Brown
Director of Executive Education
David Brown

Imperial College Business School was one of 30 global institutions recognised by the AACSB which connects educators, students, and business to achieve a common goal: to create the next generation of great leaders.

David Brown, Director of Executive Education at Imperial College Business School said: “We are delighted that our ImpactLab™ has been recognised as an industry leader in enhancing approaches to leadership education by AACSB.”

He added: “We believe that the experiential method to discovery in Imperial’s STEM background has a lot to teach the world of executive development. The ImpactLab™ combines an enquiring consulting approach with high-impact learning to help change culture on a large scale. International awards such as this continue to endorse Imperial College Business School as a global pioneer in innovation.”

A business executive uses the performance simulator

The AACSB’s third annual Innovations That Inspire challenge recognises institutions from around the world serving as champions of change in the business education landscape, with a specific focus on innovation in leadership development, a key pillar of the accreditation process and one of five opportunities identified in the Collective Vision for business education.

“The biggest risk to business schools is not the rapid pace of change. It is in failing to prepare the next generation of business leaders to cope with that change,” said Thomas R. Robinson, president and CEO of AACSB. “Through its best-in-class leadership development program, Imperial College Business School’s ImpactLab™ is ensuring that the business leaders of tomorrow will be ready for whatever lies ahead.”

Beate Baldwin, Director of Open Programmes, Marketing and EMBA at Imperial College Business School said: “Our ImpactLab™ takes its roots from the scientific research that Imperial does: we begin by challenging our participants’ assumptions. We then test their ideas in a safe environment and invite them to think about their behaviour.

The solutions they validate are integrated in the work place and enhance the business. We are not here to prescribe nor “teach” but to inspire and support senior executives in this fast paced technology driven world.”

For an overview of all the featured innovations in this year’s AACSB’s Innovations That Inspire challenge, visit the AACSB’s website.

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Nelson Phillips

About Nelson Phillips

Visiting Professor
Nelson Phillips was Professor of Innovation & Strategy, Co-Director of the Centre for Responsible Leadership, and the Associate Dean of External Relations at Imperial College Business School until 2021. His research interests cut across strategy, innovation and leadership, and he has published widely for both academics and practitioners.

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