Category Archives: Networking

The TMMBA ROI Series: Part 3

Ally Wewers, TMMBA Recruiting and Admissions Coordinator
ROI

In Posts 1 and 2, there’s already been ample discussion about the ways that TMMBA students and alums calculate their return on their investment. While we conclude today with three final categories to the TMMBA ROI, it’s safe to say there are still many components to add to this conversation:

Powerful Network

The TMMBA alumni network is truly one of the greatest assets of the program. With close to 800 TMMBA graduates, it is a diverse community that represents a variety of industries, functions, and companies. Additionally, the larger Foster School network connects more than 50,000 business professionals – creating a huge presence in the Puget Sound region and beyond.

 So how do TMMBA alums relate network to ROI? For many, the value comes from the exposure and access to new contacts, companies, and most importantly – opportunities. As alumnus Kevin Croy (TMMBA ’12) can attest, “The caliber of people on your team and the network you’re exposed to directly impacts your career.” Through an introduction from one of his TMMBA teammates, Kevin met his current business partner, leading to the development of 9MileLabs, a Seattle based high-tech accelerator.

 Another value of the TMMBA network is that it never stops growing. With each new cohort, the TMMBA community expands and provides access to more support, resources, and connections. “My network has exploded almost exponentially” remarks student Chris Zilich. “The connections I’ve made via my team and other classmates have been invaluable.”

 Personal Growth

Can you put a price on confidence? How about personal development and leadership skills? TMMBA alumnus Ameya Bhatawdekar (TMMBA ’10) explains that “it’s hard to put a dollar value on the measurement of ROI. But my most important indicator is knowing that I’m a different person today for having completed the program.”

 While the TMMBA program offers a comprehensive business curriculum, the learning in the program goes beyond business concepts, calculations, and frameworks. Emphasis on strategic decision making, effective leadership, and innovation challenge the individual and change their ways of thinking. 100% of recently surveyed TMMBA alumni cited an increase in confidence as a result of the program. Coupled with increased self-awareness, time management skills, and a sense of accomplishment, the return for the individual is unparalleled.

 Convenience

While it’s not a typical return, the convenience, support and services that the TMMBA program provides helps some students substantiate part of their investment decision. Many alums point to the convenient Eastside location- there’s less time and money spent commuting to class (especially in comparison to other non-local MBA programs). The 18-month program and work-compatible schedule also allow students to continue their current careers – without having to forfeit years of income and career experience to pursue their degree.

By providing textbooks, electronic course materials, registration services and more, students can focus on homework or family time, not worrying about the logistics of classes. Similarly, catered meals on class days allow students to come  from work and network with classmates over dinner – or finish up on last minute homework. As alums have noted– everything about the program is designed to make students as successful as possible.

______

With the variety of topics that we’ve covered in these last few posts, it’s obvious that the ROI for TMMBA students is multifaceted. From network to rankings, salary increases to personal growth, every TMMBA student and alum calculates their return in their own way.  We’ve started the discussion – now how will you calculate the ROI for your own MBA?

Missed a post? Catch up!  Part 1 | Part 2 | Part 3

Above & Beyond: TMMBA Students Participate in Recording-Breaking Holiday Drive for Food Lifeline

Mikaela Houck, Assistant Director

Earlier this month, TMMBA Class 13 & 14 joined forces during the annual holiday drive for Food Lifeline to raise a combined (unofficial) total of 1370 lbs of food donations! We’re pleased to share that this impressive contribution marks an unparalleled effort to that of any past TMMBA holiday food drive and certainly sets the bar high for future holiday drives to come. What’s even more notable is that the food drive took place during an extremely busy period for both cohorts, and yet the students still made this holiday food drive a shining success. A true testament to the strength of the TMMBA community!

In addition to our annual holiday drive, each year TMMBA also partners with Food Lifeline for a volunteer day at their Shoreline Distribution Center.  Our TMMBA group spent last Saturday afternoon repacking over 2800 lbs of wheat flour. Over the years, TMMBA students, alums, faculty, staff and family members have volunteered to repack over 12,000 lbs of food that has contributed to countless meals over the greater Western Washington region. The volunteer day serves as a great opportunity for the TMMBA community to connect with each other and support the tremendous need to end hunger in Western Washington. In 2012, Food Lifeline distributed more than 36 million pounds of food, the equivalent of more than 30 million meals, to feed hungry people throughout Western Washington.

A look @ the numbers:

  • 30 million: number of meals provided by Food Lifeline in 2012.
  • Over 12,000 lbs: total amount of food repacked by TMMBA volunteers @ Food Lifeline over the years.
    View past event photos
  • 1370 lbs: 2013 unofficial holiday food drive total.
  • 21: number of TMMBA volunteers @ 2013 volunteer event.

A look @ TMMBA in action:

photo 4

guys putting on aprons

 

 

 

 

 

 

Thanks to everyone at TMMBA who has volunteered or contributed to Food Lifeline over the years – we greatly appreciate your efforts and generosity!

Students visit Amazon and Tableau Software on inaugural TMMBA Tech Trek

The inaugural TMMBA Tech Trek launched Friday, August 16th.  A terrific group of 23 current TMMBA students ventured to Tableau Software and Amazon to build knowledge around product innovations and strategy while getting a first-hand glimpse of the work environment & culture. The Trek also provided a chance to mingle with company leaders and fellow classmates.

TMMBA loves dataamazon1

Here are a few words from two attendees:

Kulkarni, ArvindAnother fantastic opportunity called TMMBA TECH TREK was presented to us in our third quarter.  We were able to visit two great companies in Seattle’s backyard and experience their work culture by interacting with employees in a casual environment.

First, we visited fast-growing Tableau Software, which just went public with their IPO in May 2013. They really love data!  The software demo and the Q&A sessions with Thierry, Ellie and Neelesh followed by a mixer with other employees was very insightful.  I was able to hear more about their future growth and hiring plans and learn that I need not be a software geek to work there!  We need to watch out for this company as it has great potential to grow.

The second company we visited was Amazon.  We already experienced the enthusiasm of Amazonians in second quarter when they visited the Eastside Executive Center, and I didn’t notice any drop in the levels when we went onsite.  We all enjoyed a warm welcome from Dina, Stephanie, Michael, and Bill and got to know more about their roles and work life balance in Amazon. Reading about Amazon in newspapers and then hearing some of their current projects makes me think that they are really on a mission to sell everything everywhere and to everyone under the sun one day.  Bill Burkland’s short presentation gave me a behind the scenes snapshot of B2B operations as I have been using their services to save on purchases in alternate sourcing at my workplace.  Thank you all for a warm welcome and opportunity to learn more about your organizations!  - Arvind Kulkarni, TMMBA Class of 2014

Pongracz, JuditThe inaugural Tech Trek was an excellent example how the TMMBA Program and staff come up with new and inventive ways to enrich student experience. The event gave us an opportunity to peek behind the curtains at two sizzling hot technology companies and do some serious, targeted networking. The level of enthusiasm was clearly palpable and no questions went unanswered at either of the hosts. My only question now is: When can we go next? - Judit Pongracz, TMMBA Class of 2014

Students and Alumni Make Key Connections with Employers at TMMBA Career Mixer

Last month the Technology Management MBA Program held its first-ever Career Mixer.  You might be familiar with the traditional career or job fair, but this event was different by design to provide an event rich in connections.

A traditional career fair or job fair is structured around employers with a list of open positions and prospective employees passing out a one-size-fits-all resume.  Since networking is the number one way to find a great job, there is tremendous benefit in connecting with peers and hiring managers. The TMMBA Mixer was designed to help student and alumni make these key connections with regional employers.

The event was a huge success with a great turnout of students and alumni and a diverse mix of 19 companies.  We invited three individuals from each company: a TMMBA alumnus, an HR or Recruiting leader, and another individual from the management/leadership team.

Attendees interested in working for one of the companies now have new connections to reach out to for a conversation and additional information. This tailored approach is highly recommended and focuses on relationship-building.

For those that were not currently looking for a job or change in company, the Mixer was an opportunity to practice introducing themselves to many individuals and build out their professional networks, so it’s ready when they need it.

There are many other career services provided to TMMBA students, including coaching and workshops. Learn more on our website.

LinkedIn Alumni offers powerful tool to leverage your alumni networks

Sara Jones, TMMBA Associate Director and 2012 alumnus

According to John Hill, 85% of job opportunities will come through someone that’s a 2nd level connection on LinkedIn. John is LinkedIn’s Higher Education Evangelist and last week he came to the Foster School to share tips and strategies for getting the most out of LinkedIn.  Although it wasn’t all new to me, John was a great presenter who could really tell a story and make his message stick.

The three big points of the night were:

  1. Build a network before you need it.
  2. Build a quality network not a quantity network.
  3. Dream big.

The rest of the talk was on how to use LinkedIn to manage relationships and help accomplish these big points. He shared several great tips, but I want to highlight one feature that you might not be as familiar with: LinkedIn Alumni.

Here’s a screenshot:

linkedIn alumni

If a fellow TMMBA or Foster alum reached out to me, I’m likely to take the call. Why? Because we have something in common. With LinkedIn Alumni, you can now find fellow alums of your university or b-school AND you can filter by where they live, work, what they do, skills, and several others.

For example, if I was looking at relocating to the Bay area and interested in Google, I can drill down and see that I have 19 fellow Foster alums that graduated in the past 5 years.  Or maybe you’re sick of the Seattle rain and ready to move to the islands.  In my case, I have 87 fellow alums that I could reach out to in Hawaii.

That’s a pretty powerful tool to help you leverage your alumni networks. Check it out and let me know what you think.

TMMBA Acts: Taking Immersion Week Ethics to Heart

Sarah McCaffrey, TMMBA Student, Class of 2014

I have an ethical dilemma.

By pure chance, I subscribed to a Facebook page for a student veterans group that recently shared a link to an upcoming event. This link took me to an announcement of an enticing opportunity, an all-expense-paid weekend summit with one of the most sought-after technology employers in the United States. During this summit, the company will celebrate core military values, offering a small group of undergraduate and graduate business student veterans a chance to network and learn about their company culture.

As a Marine veteran and TMMBA student, I want to attend this summit. Every business student veteran reading this post wants to attend this summit, and every non-business non-veteran student reading this post wishes they met the criteria so they could attend this summit. I want it so much that I can feel the temptation to become secretive.

top secretImage via handpickedcollection.com

Several other veterans attend the TMMBA program; countless others study at the Foster School of Business. If they apply, how will that affect my (already slim) chances? Why should they benefit from my Facebook group subscription diligence? Am I under any obligation to share this information?

Fortunately, we took an Ethics seminar with Dr. Scott Reynolds during Immersion Week. I have the tools to resolve this dilemma.

If every person in the world withheld information to suit their goals, would that be a good thing? If every veteran withheld information to suit their goals, would we find that admirable? Would I personally benefit from such a standard?

Lost in thoughts

Image via 123rf.com

Which choice would add more value to the world as a whole? At its simplest, to withhold the announcement of a veterans summit, I gain the value of reduced competition, while each veteran who does not hear about the opportunity loses the value of a chance to apply. To share the news, I lose the value of better odds, while many more veterans gain the value of a chance at being selected. Lastly, the tech company, Google, gains the value of a diverse, competitive group from which to select their summit participants.

I hope every eligible person bookmarks this link to the Google Student Veterans Summit; applications open in the spring of 2013 with the summit to follow in July. If any University of Washington student finds a place in this select group, I will celebrate with justifiable pride in our entire veteran community. Good luck to all of you – just not too good.

Experience, Explore, Entertain

By Pritam Das, TMMBA Student, Class of 2014

Experience,
Explore,
Entertain

That’s the Tagline of Novelty Hill Januik Winery.

We surely did experience the bottled poetry called wine from one of the world’s ten “Masters of Merlot”,
We surely did get entertained by the award winning building design of the Novelty hill that rhythms with the geometry of linear rows of grapes in vineyard, and
We surely did explore the perfect food with local, sustainable ingredients, including organic fruits and vegetables.

But that’s not all. The two hour holiday social organized by the TMMBA staff on 18th of Dec, 2012 at the Novelty Hill Januik Winery exposed us to a ton of opportunities these networking events hold.

Within a frame of two hours, I was able to explore what it takes as an entrepreneur to launch a radio station in Seattle, debate over a supply chain issue of recycled raw materials for a manufacturing company, discuss the possibility of a future HBR case study exploring the famous delay in the delivery of the 787 airplanes, find out how a doors and windows manufacturing company have a lot in common in launching a new product when compared to that of a multinational software company…. The list is endless.

I used to think that who would match the variety of our class 13 that has 72 students from 13 different countries with an average 12 year of work experience from 44 different companies. But after meeting TMMBA seniors and alumni at the social, I was just mind blown with the brain power, diversity, and breadth the UW’s TMMBA program has to offer us.

Last but not the least; it was great getting advice from seniors and alumni who have gone through the same intense MBA program (probably the most rigorous in the state of WA) in the past.

Ending with a famous quote from Robert Kiyosaki -

“If you want to go somewhere, it is best to find someone who has already been there.”

My experience at the Kirkland Startup Weekend

By Sreenath Pudukudi, TMMBA Alum, Class of 2012

I got my ticket and was thrilled to go to Startup Weekend. Little did I know this would be one of the great opportunities in my life. For those who don’t know about Startup Weekend, you can see the details here http://startupweekend.org/about/. The idea is to form teams at the Startup Weekend event and create a startup over the weekend. At the end of the event, the best startup would be judged and rewarded.

And then the long-awaited day arrives. Friday, as I entered the event, I could feel the positive energy in the room. There were lots of people passionately talking about their ideas. During the event, you have a minute to present the idea. There were around 40 people who pitched their ideas. Wow, that was 40 ideas in 40 minutes. Each person gets 3 voting cards and could vote for the top 3 ideas they liked. The ideas that received the most number of votes could build their teams for the weekend.

Developing the startup

I voted for the idea of building a platform for matching fashion stylist to consumers. I always wanted a personal stylist but was never ready to spend big dollars. The idea resonated with me very well and I thought people would be ready to pick a personal stylist if the cost of the stylist is reasonably low.

The team Eliza was formed and we had a nice blend of diverse skill sets. We started off by creating a work plan for the next 2 days.

It was Saturday morning. We delegated the tasks to focus on the following areas:

  1. Business Model Generation
  2. Customer Validation
  3. Marketing Plan
  4. Competitive Analysis
  5. Developing the website

The team synched up every 2 hours to gauge the progress. Time was running fast. By Saturday evening, we were successful in,

  1. Reaching out to 3500 customers for validating customer pain points.
  2. Building the business model, identifying the customer segment.
  3. Creating the Cost & Revenue Model.
  4. Creating Marketing Plan and competitive analysis.
  5. Signing up 2 Stylist and 4 customers.
  6. Building a working website with the basic features.

I was pleasantly surprised with the progress a team can make just 1 day.

Pitching the business

It was Sunday morning. Most of us were focused on finishing the last bits and pieces of our work to get the final product in shape for the presentation. A few of us were focused on how to get our final pitch in front of close to 100 people. We practiced our final pitch over and over again.

And the time arrives. Clock ticks 5:30pm and the teams started giving their final pitches. It was our turn. We confidently presented our pitch as a story focusing on the need for the product, the value add it brings to the customers and how we build it into a great business. After our presentation there were a few questions from the judges and we were done.

All the teams presented and the wait to find the best startup begins.

The outcome

Out of the 12 teams in the competition, our team made it to the first position. We WON!!! It was indeed a great feeling and one of the most productive weekends I had. It was worth the effort.

Over the last two days, I learned a lot of new stuff, met great minds, built good networks and realized that it’s “The Team” that matters the most. I learned this again and again in my TMMBA classes. The lessons I learned during TMMBA made a difference in the way I think and I must say, I love TMMBA.

For all the entrepreneur enthusiasts out there, I would just say “attend one of the Startup Weekends and start your journey of building your own startup”. :-)

New benefits for TMMBA students and alums!

Sara Jones, TMMBA Assistant Director

The Washington Technology Industry Association (WTIA) is one of the largest statewide tech trade associations in North America, and we’re it’s newest member!  What does this mean for you? Through the TMMBA WTIA membership our students and alumni now have access to their wide mix of member benefits, including:

  • Free and discounted attendance at WTIA events
  • Access to the WTIA network (800 member companies and 100,000 tech workers statewide)
  • 13 community and special interest groups to join
  • Access to online WTIA Job Center
  • Discounts through WTIA Marketplace (health benefits, human resources, 401K, computer equipment, personal insurance, and more)

Networking on the Ultimate Field

Sara Jones, Class of 2012 and TMMBA Assistant Director

This summer I played on the TMMBA Alumni Ultimate frisbee team in the DiscNW Summer Corporate League. This was my first time playing Ultimate and I captured my initial thoughts in this earlier post.  The season wrapped up two weeks ago and it’s time for an update.

There were lots of opportunities during the season to improve my actual frisbee skills, but the game stretched me to grow in other areas as well. On the field you need to be adaptable, deal with ambiguity, and learn to read your own team members as well as the other team. Of course, communication with your teammates can make or break the game. These skills are important in the workplace and also as a student in the TMMBA program.  It was great to work those muscles in a new setting!

That said, the best part of my experience this summer was the people.  I got to know more of my fellow alums (post-game celebrations helped), their family members that came to cheer us on, and met some really cool folks from the other teams. We played teams from REI, Microsoft, Google, King County, Fred Hutch, Tableau Software, Apex Learning, and Boeing. The sidelines and post-game cheers were great opportunities for casual networking.

All-in-all it was a great experience and I’m looking forward to next season. We’re even talking about some TMMBA pick-up games this fall.