It is great being back in H-town. I just went for an early morning run in 70-degree weather around Memorial Park. True, Memorial is not as scenic as Lac Leman, but it is a welcome change that there are many other people out there running too–many of whom are pushing strollers and pulling along (or being pulled along by!) friendly dogs.
Real World, Real Learning
I authored today’s IMD MBA Diary and, although the content may be familiar to my readers, I’m reposting here for you:
Today marked the end of my first week of work back in the real world. That’s right, exactly one week after spending the day learning about the importance of taking our time to say goodbye and transition at our own pace, I dove head first into my next career. Many of my classmates are taking weeks or months off to settle their affairs, rest, and reflect on the year that has just passed, which I think would be marvelous. My employer is a startup, however, and startups can’t afford the same timing luxuries as big businesses. I am the Product Manager and our product officially launched last week, therefore I am needed NOW!
“Ah, this reminds of that time in the integrative exercise,” “Oh, this might be a good opportunity to leverage that concept from Entrepreneurship,” “Hmm, I wonder what that professor/classmate/guest speaker would think of this…” and so on. We really did pack a LOT into a very short time. If my first week back to work is any indication, though, it really was real world, real learning.
In Transition
Last night was wonderful. On a whim, Asier (Basque) organized a get-together for those of us still in town at a local brew-pub. We stayed for hours and hours laughing, hugging, and goodbying. I should have done more of this during the year but, as they say, better late than never.
And I’m Off!
No time to rest, no time to reflect, today was my first day on the job. It was hectic, unstructured, and wonderfully exciting–everything life at a startup should be. I’ve been through all of this before yet I feel somehow . . . “displaced.” The same stuff is happening that used to happen at R7 or at Antmachine but I feel like I am viewing it all through several lenses: marketing, strategy, HR, and–of course–group dynamics. As events unfold in front of me, neurons are firing relating them back to theories, models, and my own practical experience. This isn’t to say that I have all the answers–just that I have a more structured, yet intuitive, approach to processing this professional sensory data than I used to. Thanks, IMD.
New Job
I have accepted a position as Product Manager for Poken. The company is based here in Lausanne and has created a small, key-chain-like hardware product that connects people on online social networks (facebook, linkedin, etc.) after they have “connected” (touched their hardware devices together) in real life. The goal is to bring a physical, real-world interface to online social networking. The current marketing strategy is aimed at teens with the prospect of moving to professionals (replacing the business card) soon. The company has three ways to make money: 1. Sell the devices at a margin directly to the users, 2. Let major companies purchase the devices and give them away to users as branded “toys,” and 3. Online advertising at the website that users use to manage their connections. The company has $2M of funding and is launching the product in stores in Switzerland right now.
I will be the Product Manager (collecting information from the target audience, creating a coherent product development roadmap, and managing the software and hardware development teams to implement it) at first, evolving in 6 months to either a COO role or a general manager of North America as the product expands to markets outside of Europe.
As many of you know, I agonized over this decision because–as with most decisions–there are both pros and cons.
The good:
International – the position is based in Lausanne, will require travel around the world, and involves managing global operations (manufacturing in China, software developers in Switzerland and Romania, sales and marketing throughout Europe initially and soon elsewhere)
Hardware – this will be a chance for me to broaden my software-only experience to include hardware as well
Growth – The company has a lot of momentum (Evidence: Poken made the front page of digg.com this morning) and I will have the opportunity to participate in its growth
Challenge – Developing an innovation/development process and prioritization methodology that is responsive enough to market feedback that will come very quickly once the product is being used by thousands or millions of people is an exciting order
The bad:
Social Value – I came to IMD to prepare myself better to help change the world; I’m not sure this company really satisfies that criterion
Risk – Companies at this stage statistically usually fail and I would be accepting below-market-value compensation along with that risk–after a year of paying tuition and not earning a salary
Distance – This would keep me thousands of miles away from friends and family in the US. I would own all of the US business partner relationships, which should create many opportunities for travel, but I would still be based far away
After much soul searching I decided that this was an opportunity I just couldn’t pass up. I should have a chance to practice a lot of what I have learned at IMD and gain experience in ways that will prepare me to contribute even more to addressing the global energy challenge. Will Poken make me feel like I am somehow making the world a better place for the needy kids I held in Kenya? No, not directly. But will I continue to keep them in mind as I work and network and keep my ear to the ground for opportunities that will? Absolutely.
Thankyou to EVERYone who has supported me throughout my career search. It isn’t over–it will be an ongoing process of course–but you have all helped me through a significant career milestone. I won’t let you down and I’ll prove that to you immediately–I start work tomorrow!
TJ is #1 Again
For the second consecutive year my high school was selected by US News and World Report as the top public school in the country (article). This year two of my alma maters have been ranked #1 and I am, once again, humbled. It is a great honor to have been selected for such institutions and not a day goes by that I am not thankful to have had the opportunity. Now, at the cusp of my next stage in life, I hope to be able to live up to the high standards set by my peers. While I can’t promise results, I can promise to do what I’ve done throughout my academic, professional, and athletic careers: my best.
With Honours
Yesterday we graduated and celebrated. The festivities began with a graduation ceremony at Beau Rivage Palace along the lake. Our guest speaker was Mr. Eitan Wertheimer, whom we first met when he was here with Warren Buffett. After his, MBA Program Director Benoit’s, and IMD President John Wells’s remarks, our classmate, Bevan Mckenzie (New Zealand), stole the show with his own address. Two months ago we elected Bevan as our class speaker and he did not let us down. His talk was witty, inclusive, and moving.
Delinquent Blogger
I’m sorry to all my readers for taking so long to post an update. The last week has been very hectic for me between finishing school, career search, and preparing for the post-IMD tansition. Let me bring you up to speed in a few areas:
Winning the War on Cancer
Great news! For the first time since declaring war on cancer in 1971, we are winning! So reports the Journal of the National Cancer Institute. My heartfelt congratulations and thanks go out to the myriad scientists, doctors, experimental patients, and others who have helped advance the art. Now is not the time to relent and pat ourselves on the back, though. Let’s capitalize on the momentum and keep pushing!
Let It Snow, Let It Snow, Let It Snow
I woke up this morning to a COLD apartment. I was so focused that I just threw on some warm clothes and immediately settled into job hunting activities. It wasn’t until I received an email a couple of hours later that concluded with “Enjoy the snow!” that I pulled my nose up out of my computer and looked out the window. Sure enough, big flakes were falling and a light blanket was forming.