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Dan Corbett
MBA Lessons Learned #3: Team Collaboration Tools
I recently completed my MBA at the University of Colorado’s Leeds School of Business and have been looking back at my notes from the effort. While the courses have decidedly improved my knowledge base, perhaps the most important lessons occurred supplementary to the classroom....
http://www.dancorbett.net/2010/08/12/mba-lesson-3-team-collaboration-tools/
90 weeks ago from Rocky Mountain Networking, Graduate Students, Entrepreneurs, Engineers and Denver Careerists3 more
Tom:
old post, but I'm new to BC and see no one commented here... first, I find it odd you had to look back at your notes, sounds like the lessons you ...Moreold post, but I'm new to BC and see no one commented here... first, I find it odd you had to look back at your notes, sounds like the lessons you learned did not sink in... or maybe you just posted this to direct people to your blog. Regardless, it is a decent opening for discussion and I am sad to see so little here. I returned to grad school in 2007 to get my MBA after a layoff at age 54, so I obvious had far more real world experience than nearly all the rest of my classmates combined. For me, it was my experience with teams and project management that helped me in the classroom. Most teams were assigned to ensure diversity and conflicting personalities existed. My biggest challenge was using my skills to help keep teams focused on the goal and diffuse arguments as well as keep those more introverted from being ignored. Keeping the lines of communication open and active for everyone is critical to coming up with the best solutions. It was especially challenging when I was not the team leader and the leader was not doing a good job leading. Keeping everyone on task and on schedule was generally not an issue, pretty much all classmates were motivated and solid contributors. For me, I found the supplementary aspects to classwork put much of my leadership and management classwork into practice and helped to refine my leadership and management abilities - exactly as designed! Also for me, the most important lessons were in the classroom. Being a chem eng and engaged in more tech work than business, I learned a great deal in finance and related areas, as well as international business. The MBA rounded out my knowledge of business and helped me to refine my management and leadership abilities. Unfortunately, it has done nothing to help me start a new career or find a new position.
67 weeks ago
67 weeks ago
Dan Corbett
MBA Lessons Learned #3: Team Collaboration Tools
I recently completed my MBA at the University of Colorado’s Leeds School of Business and have been looking back at my notes from the effort. While the courses have decidedly improved my knowledge base, perhaps the most important lessons occurred supplementary to the classroom....
http://www.dancorbett.net/2010/08/12/mba-lesson-3-team-collaboration-tools/
90 weeks ago from Business Development, Biotech and Pharmaceutical Professionals and Medical Devices1 more
Dan Corbett
Tips for MBA Success
I recently completed my MBA at the University of Colorado - Boulder and have been looking back at my notes from the effort. While the courses have decidedly improved my knowledge base, perhaps the most important lessons occurred supplementary to the classroom.
Post #1: Team Building, Performance, and Leadership http://www.dancorbett.net/2010/07/13/mba-lessons-1-team-building-perform...
91 weeks ago from Biotech and Pharmaceutical Professionals, Graduate Students, Medical Devices, Business Development and Entrepreneurs3 more
Eric Sforza:
Interesting post - I completed my MBA in Dec '09. The University actually diversified our teams. Even though I did my degree in the UK, out of the ...MoreInteresting post - I completed my MBA in Dec '09. The University actually diversified our teams. Even though I did my degree in the UK, out of the 91 students, 27 different countries were represented, and only 11 were native english speakers (of which I was only 1 of 3 Americans). Groups were set up to have 1 native english speaker (if possible), 3 students from India (roughly 1/2 the course was from there), and then to fill in the rest with different nationalities and work backgrounds. Definitely brought some unique challenges.
The biggest thing I took away from the MBA though (as well as the other students) was developing a strategic perspective. I know I definitely view the world in a different light, breaking down and handling things better than I did before. It might sound simple from an outsiders perspective, but to be able to understand why certain things happen, and developing effective action plans forward, is probably the greatest tool gained by the MBA process.
91 weeks ago
The biggest thing I took away from the MBA though (as well as the other students) was developing a strategic perspective. I know I definitely view the world in a different light, breaking down and handling things better than I did before. It might sound simple from an outsiders perspective, but to be able to understand why certain things happen, and developing effective action plans forward, is probably the greatest tool gained by the MBA process.
91 weeks ago
Dan Corbett
Tips for MBA Success
I recently completed my MBA at the University of Colorado - Boulder and have been looking back at my notes from the effort. While the courses have decidedly improved my knowledge base, perhaps the most important lessons occurred supplementary to the classroom.
Post #1: Team Building, Performance, and Leadership http://www.dancorbett.net/2010/07/13/mba-lessons-1-team-building-perform...
91 weeks ago from Engineers, Venture Capital, Rocky Mountain Networking, Denver Careerists and Business Development3 more
Travis Power:
I am almost done with the Engineering Management Program at CU Boulder and have similar comments. In teams, the most important thing is to ...MoreI am almost done with the Engineering Management Program at CU Boulder and have similar comments. In teams, the most important thing is to determine motives of the "shareholders" (teamates)before starting. My best team experience have been aligned by their expectations especially when they are letter grades.
By asking expectations and what teamates want out of the team, what they want to learn, etc, you will be more likely to engage everyones interests when breaking up tasks.
In many situations it also will make sense to elect a leader but don't forget to assign responsibilities to the position. Get your teamates buy-in because in some cases the leaders opinion may be used as a tie-breaker but it should be previously agreed upon.
Lastly, decide on a method for communication. I'm a distance student, so my teams have to decide on how we'll communicate. Typically this involves scheduled meetings a week in advance, skype for communication during meetings, and some sort of file sharing webapp so we can share docs throughout the project. We've used google docs for this.
91 weeks ago
By asking expectations and what teamates want out of the team, what they want to learn, etc, you will be more likely to engage everyones interests when breaking up tasks.
In many situations it also will make sense to elect a leader but don't forget to assign responsibilities to the position. Get your teamates buy-in because in some cases the leaders opinion may be used as a tie-breaker but it should be previously agreed upon.
Lastly, decide on a method for communication. I'm a distance student, so my teams have to decide on how we'll communicate. Typically this involves scheduled meetings a week in advance, skype for communication during meetings, and some sort of file sharing webapp so we can share docs throughout the project. We've used google docs for this.
91 weeks ago
Dan Corbett
Tips for MBA Success
I recently completed my MBA at the University of Colorado - Boulder and have been looking back at my notes from the effort. While the courses have decidedly improved my knowledge base, perhaps the most important lessons occurred supplementary to the classroom.
Post #1: Team Building, Performance, and Leadership http://www.dancorbett.net/2010/07/13/mba-lessons-1-team-building-perform...
91 weeks ago from Boulder, CO
Dan Corbett
joined the group Graduate Students
92 weeks ago
Kara
Hey Dan,
I work at Cardiocom, which is a telehealth company. We make a system which measures biometric data (BP, weight, O2sat, glucose) and reports symptoms, and then transmits to a server so the data can be viewed by clinicians and home health agency nursing staff. I'm involved in research and development, with a focus on the regulatory aspects. Making sure the design complies with all relevant regulatory requirements.
Regards,
Kara
Dan Corbett:
Hi Kara,
Welcome to the group. Have you noticed an increase in interest from potential customers since the health care bill? I do not know a ...MoreHi Kara,
Welcome to the group. Have you noticed an increase in interest from potential customers since the health care bill? I do not know a lot about the impact on telehealth.
Cheers,
Dan
100 weeks ago
Welcome to the group. Have you noticed an increase in interest from potential customers since the health care bill? I do not know a ...MoreHi Kara,
Welcome to the group. Have you noticed an increase in interest from potential customers since the health care bill? I do not know a lot about the impact on telehealth.
Cheers,
Dan
100 weeks ago
Kara:
Dan,
Thank you for the welcome. I think this website has a lot of potential for linking people and fueling great conversation, as demonstrated by ...MoreDan,
Thank you for the welcome. I think this website has a lot of potential for linking people and fueling great conversation, as demonstrated by your reply.
The health care bill has definitely helped increase the interest in telehealth. Some of our customers are health care plans and hospitals. With the new health care bill, hospitals will be penalized for readmissions that occur within a certain amount of time following discharge. If upon discharge, the patient is sent home with one of our devices which monitors vitals, then the care staff can intervene before a problem occurs which would require readmission to the hospital. Customers have been performing their own trials and analyses demonstrating the great financial savings that result. Also, there is much better recovery for the patients.
In what specialty within the medical device industry to you work?
-Kara
99 weeks ago
Thank you for the welcome. I think this website has a lot of potential for linking people and fueling great conversation, as demonstrated by ...MoreDan,
Thank you for the welcome. I think this website has a lot of potential for linking people and fueling great conversation, as demonstrated by your reply.
The health care bill has definitely helped increase the interest in telehealth. Some of our customers are health care plans and hospitals. With the new health care bill, hospitals will be penalized for readmissions that occur within a certain amount of time following discharge. If upon discharge, the patient is sent home with one of our devices which monitors vitals, then the care staff can intervene before a problem occurs which would require readmission to the hospital. Customers have been performing their own trials and analyses demonstrating the great financial savings that result. Also, there is much better recovery for the patients.
In what specialty within the medical device industry to you work?
-Kara
99 weeks ago
Stephanie Springer
What are your thoughts on biotech/pharma recruiters and headhunters? Are they still needed? If you get a cold call from a recruiter, do you have to be actively looking for a job in order to respond, or are you always on the hunt?
David Galley:
Well, judging from the fact that most of the major firms have both large internal recruiting/talent teams AND extremely long approved staffing ...MoreWell, judging from the fact that most of the major firms have both large internal recruiting/talent teams AND extremely long approved staffing vendor lists, I'd say us pharma recruiters are definitely 'needed' in some respect. I look forward to seeing some more responses from industry professionals, though - always good to have more insight into what it takes to get folks to call me back. Sent out 100 e-mails on friday to PhD chemists in Boston for 1 year contract op (physicochemical characterization w/in PR&D), 2 bounced, 4 replied, 94 had no response. Phone calls always do a bit better but are a much slower process.
104 weeks ago
104 weeks ago
Stephanie Springer:
I'm a medicinal chemist, and I have to say that physicochemical characterization sounds like a fancy way of saying analytical chemist... I would ...MoreI'm a medicinal chemist, and I have to say that physicochemical characterization sounds like a fancy way of saying analytical chemist... I would assume that you're including a job description in your e-mails to describe exactly what that job entails.
What I've been told is that if you don't call and engage someone in conversation, and SELL the job to them (even if they're not in the market), they won't reply. That's the part that I don't get - how do you create that need? How do you make a candidate feel that this job opportunity is spectacular and that they NEED to apply?
104 weeks ago
What I've been told is that if you don't call and engage someone in conversation, and SELL the job to them (even if they're not in the market), they won't reply. That's the part that I don't get - how do you create that need? How do you make a candidate feel that this job opportunity is spectacular and that they NEED to apply?
104 weeks ago
Stephanie Springer
What are your must-read blogs for industry news? My favorites are Pharmalot (http://www.pharmalot.com/) and the In Vivo Blog (http://invivoblog.blogspot.com/). I'm always looking for mroe blogs from people in the trenches, like In the Pipeline (http://pipeline.corante.com/). Does anyone have any blogs they'd like to recommend?
Dan Corbett:
Hi Stephanie,
Along with In Vivo, I follow OnBioVC (MoreHi Stephanie,
Along with In Vivo, I follow OnBioVC (http://onbiovc.com/). While obviously not in the trenches, it is a good way to see what technologies are getting funded.
121 weeks ago
Along with In Vivo, I follow OnBioVC (MoreHi Stephanie,
Along with In Vivo, I follow OnBioVC (http://onbiovc.com/). While obviously not in the trenches, it is a good way to see what technologies are getting funded.
121 weeks ago
Dan Corbett
Howdy Folks,
Tech Venture Capitalists seem to have every third blog out there; does anyone know of any good biotech (or medical devices, but I will take what I can get) blogs?
Cheers!
Randy Domolky
I would think that they are generally good and that you would learn a lot depending on who is the professor and the guest speakers. Make sure you ask lots of questions such as what would be the venture capitalist perspective on all the issues as well. Have fun!
Dan Corbett
Hi Randy,
Out of curiosity, what is your opinion on Venture Capital courses with a MBA program. This coming semester, I am scheduled take one (focuses on VC from the entrepreneurs perspective). I've had some interesting conversations with my classmates but am interested in the opinion from someone within the industry.
Cheers,
Dan
I'm an engineering student in Canada who is trying to figure out different engineering career paths so I get the best fit for me once I graduate - but I have a hard time figuring out from other engineers (and job postings) the differences between jobs (other then they are all about solving technical problems in some way - which is rad) I find that a lot of my colleagues are not big talkers / networkers :) - so it's hard to work out...
127 weeks ago from Engineers
:
Thanks Dan! I think that I am going to give that a try. That makes a lot of sense. Cheers!
127 weeks ago
127 weeks ago
Aurian Campbell:
Mike - I know this post is from many many months ago, but I'd be happy to give you some information on the industry I'm working in (O&G). I ...MoreMike - I know this post is from many many months ago, but I'd be happy to give you some information on the industry I'm working in (O&G). I have to say that the information you are looking at could be incredibly industry dependent. I can't guarantee that I can clarify things, but it could be worth a try. Drop me a line if you are still looking for some insight.
110 weeks ago
110 weeks ago
Dan Corbett
Hi Everyone,
Out of curiosity, what is your experience/interest with medical devices?
As for me, I work on new product development for electro-surgical instruments. I am finishing my MBA and plan to transition into a business development or marketing roll (if anyone has thoughts or suggestions on this, I would greatly appreciate them!)
Cheers,
Dan
Cathy Finn
I currently live and Dallas and I'm looking at relocating to Boulder. Anyone out there from Boulder that would like to give me some feedback on the area, please step right up!
130 weeks ago from Boulder, CO
Cathy Finn:
Thx Derek. I keep hearing from many sources that the tech industry is on fire over there! So, glad you can confirm that too. I want to pursue a ...MoreThx Derek. I keep hearing from many sources that the tech industry is on fire over there! So, glad you can confirm that too. I want to pursue a career in social media, any suggestions? How far is Boulder from the closest ski resort? I haven't heard one negative thing from anyone that has moved there, so that is fantastic news:)
130 weeks ago
130 weeks ago
Dan Corbett:
Hi Cathy! Boulder is great - I love living here. As for social media, I would suggest checking out these sites to find local companies and ...MoreHi Cathy! Boulder is great - I love living here. As for social media, I would suggest checking out these sites to find local companies and opportunities. http://www.coloradostartups.com http://boulder.me http://www.bdnewtech.com/ I think I recently heard Lijit just lost their social media guy. Good luck!
130 weeks ago
130 weeks ago
Dan Corbett
How do you feel about working with engineers of different generations? Is there unwarranted resentment or a positive flow of thoughts/ideas?
137 weeks ago from Engineers
Jessica Bahr:
Worst experience of mine is working with recent graduates (my age) who think they know everything because they have a degree
136 weeks ago
136 weeks ago
Jessica Bahr:
and fail to take into consideration the value of the experience which older team members have.
136 weeks ago
136 weeks ago
Dan Corbett
How much prep do you do before launching a business? Do you recommend any specific business/market research techniques?
Andrew Hill:
It really depends on the topic, but I believe you should have some sort of formal to semi formal business plan, 3-10pages minimum
137 weeks ago
137 weeks ago
Scott Asai:
Don't know if this is a technique, but I'd talk to someone successful in the industry. Best to hear from someone who's in it/gone thru it.
137 weeks ago
137 weeks ago
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