Michel Jordi ignites that spark in the students of BSL on the occasion of their Business Innovation Week!

It was a pleasure to share some exciting times and “aha” moments with the students of BSL on the occasion of their Business Innovation Week this February. Thanks to the invitation of BSL’s Acting Dean, Dr. David Claivaz, and the newly appointed Chairman of the Executive Committee of the Doctoral school, Dr. Dominique Bourqui, I had the opportunity to exchange with the students on their entrepreneurial projects, which they pitched on the last day. As a serial entrepreneur, I was impressed by the creativity, the innovation and the scope of the projects the students presented. During our time together, we worked through the Lucky Clover and the Rainbow Target, the two first stages of my risk filter, to help them determine if their projects are fit for the Rollercoaster of Entrepreneurship. I could definitely see some promising ones!

Each group used these tools constructively to establish their business plan and this process encouraged them to develop their entrepreneurial mindset. It was interesting to challenge them, and see what ideas and revelations came out of putting them virtually in the driver’s seat of this exciting journey, as well as have them implement these tools to their specific needs. Some differences arose depending on whether they had a more personal or professional approach or a more individual one versus a team one. This illustrated the tools’ range in application and how they can be used to respond to the unpredictable nature of entrepreneurship. The students were curious, eager to learn and very interactive, which are key characteristics for success. As my mentor, K. Ueno used to say: “Everyone is my teacher, except myself.”

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In my new entrepreneurial book, “Ignite That Spark – 10 Commandments of Entrepreneurship”, I provide an insight into the world of business in which I share my own “real life experiences” and give a complete 360° view of entrepreneurship in a nutshell. Recognizing that time is precious and we think in images, I deliberately adopted a straight-to-the-point approach. My goal was to keep this book short and simple with memorable illustrations, the size of a notebook. It reads like a fine dining menu at a gourmet temple. You can read it à la carte or go for the full discovery menu with all its delicacies and calories.

But “Ignite that Spark” is not just another entrepreneurial book or a song, it is a message, a philosophy of life to break free and live your passion. The “Lucky Clover” is the kick-off highlighting the first 4 commandments. This is the entry test to have a first personal assessment to find out whether or not you are fit for the Rollercoaster of Entrepreneurship. The “Rainbow Target” is a roadmap to fine-tune your Business Plan. The “10 commandments” are recommendations, essential tips and “Red Flags” of do’s and don’ts. This book is a condensed guide packed with take-home value, which should be on every entrepreneur’s desk to refer to at any time.

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Exclusively for this special occasion, we presented for the first time our brand new “Ride to Success” illustration, which will enhance our upcoming e-book, and the new version of our Ignite That Spark song with its empowering lyrics, available on our YouTube channel. The event came to a close with the students and the professors all up and dancing, which we hope was a clear sign of a sparkling collaboration!

Today, my mission is to dedicate my time to pass on my good and bad experiences to the next generations. Entrepreneurship is indeed like riding a rollercoaster. You have to hang on through the lows to enjoy the highs. And my hope is that through the anecdotes and stories of my personal journey, I helped to show to the students that anything is possible and that I inspired them to break free and live their passion!

www.ignitethatspark.com

Book signing 1Author: Michel Jordi

Innovation course addressing the learning appetite of students, the imperatives for companies and the challenges for megatrends

As I am correcting the post-assignments of the “Internal and External innovation” course, I am reflecting on the nature of innovation that will have to be addressed by us but more importantly by our students over the next decade.

Obviously, the Digital revolution will continue and it is estimated that half of the jobs in this area in 2030 don’t exist today.

Sustainability: the increase of population from 7.5B today to 10B in 2050, with natural resources that will actually reduce in absolute value, will have to be tackled.

Inequality, with a middle class that used to be the cement of democracy, will get poorer and with an aging population that may not afford the cost of medical care.

There are a dozen more critical topics that will equally require a constant curiosity, critical eye, pertinent innovation, and successful execution.

Along with all the courses of BSL, we hope that the innovation best practices and experiments that our students have played with will better equip them to face these challenges. We hope that the creative teamwork they have engaged in the internal and external innovation class will give them the fortitude to discover, to ideate, to try, to iterate and deliver value for the world.

In the meanwhile, our students will certainly deliver value to customers, helping their company to develop and prosper, but also ensuring that this prosperity will bring true value that will not be used to buy and deplete other companies.

To achieve this ambitious vision, we sincerely believe that we have given the participants an appetite for continuous learning, confidence in the creativity they showed during their childhood and the trust in working in teams, as they did in our class, working for instance on a real venture. They helped indeed a young entrepreneur in collecting customer insights, making sense of them and brainstorming on various scenarios. True Design Thinking process applied in real life!

Yves KarcherAuthor: Yves Karcher, BSL Associate Professor

BSL Alumni Mentoring Program – a year after the launch

careers guidance counsellorThe BSL Alumni Mentoring Program has been up and running for a full year, with 20 Alumni and 20 students involved in this pilot project launched by BSL Careers in January 2018. It is time to share with our community some observations and feedback about the program.

To mentor? Or not to mentor? This is the question that many BSL Alumni may have asked themselves after reading the email about my mentoring idea in summer 2017. It’s been nearly one and a half years since and I have spoken to numerous people both in person and over calls on the phone and Skype for interviews, the launch and the feedback gathering. As the designer of the program, it has been a great experience for me to get to know the Alumni, and to connect students with mentors from around the world.

I started gathering feedback from the mentors and the mentees throughout 2018. This data was collected through emails and face-to-face interactions and has enabled me to identify encouraging patterns as well as some areas for improvement. The results varied with many connections working well, with few barely taking off at all. Let’s look at some of the key takeaways from the program.

Positive patterns

The majority of students selected for the program reported that they found the experience to be a great success and enjoyed their first taste of a high-level networking. These students stated that the program offered them a safe space, free from grading and judgement, offering them opportunities to understand more about how professionals think in the different phases of their careers. The discussions concerning careers and professional development were also found to be extremely valuable.

Most of the Alumni mentors enjoyed opportunities to connect and engage in thoughtful conversations with younger, ‘switched on’ students and gained valuable insight on the next generation’s trends and incentives.

A discussion with a particular mentor made me realize that the program could also develop in directions that were not necessarily foreseen during the design phase. A very experienced entrepreneur, who was paired with a Master student, shared his highlight of the program, mentioning that “…at some point, the student and I swapped the mentor-mentee role as we reached such a great level of empathy between us. Something I truly enjoyed!”. I found this statement to be highly encouraging, as both the mentor and mentee indicated that they have continued the mentoring beyond the 10 hours and will meet this coming April in person!

Some experienced Alumni have also expressed their appreciation for the program, being of the opinion that it came at the right time in their careers when they felt a need to give back and help others.

On top of these positive patterns, we managed to bring some of our Alumni back to BSL and enrich our MBA seminars while tightening the connection between current students and Alumni, something which is particularly important when nurturing our community.

Where and how can the program improve?

I have taken into account that many of the Alumni who have a wealth of managerial and work experience have never officially mentored anyone before. Taking this feedback into consideration, I will be preparing future mentors with some practical examples to help guide and inspire them. In doing this I hope to improve the overall experience for both mentors and mentees.

Additionally, I received feedback regarding the impact of imposing mentoring time frames. Some felt that by assigning 10 hours to this process, the program ran the risk of limiting an experience that should develop naturally, without boundaries. This feedback will be implemented into future programs when new mentors will only receive a finite amount of hours to decide whether they will continue mentoring their mentees.

Lastly, many mentors expressed concerns that their mentees seemed to be more interested in accessing their networks than engaging in holistic discussions about their future. As the aim of the mentorship program is to create a space in which mentors can share personal and professional decisions, challenges, dreams and fears, we will be adapting the application process, requiring new applicants to submit a thorough motivation statement.

Alumni Mentoring Program in 2019

If you are a BSL Alumna/Alumnus with 5-7 years of management experience and would like to know more about the BSL Alumni Mentoring Program, please contact me directly at daniele.ticli@bsl-lausanne.ch. I will be happy to walk you through the objectives of the program and share some inspiring stories with you!

Dani-Linkedin-300x300Author: Daniele Ticli, BSL Head of Careers and External Affairs