Through MBA Pipeline Strategy, Nonprofit Aims To Empower Black & Indigenous Business Leaders In Colombia
News from Chicago Booth
“TalentoTotal intends to increase diversity among the business leaders in Colombia by helping black and indigenous people pursue graduate programs abroad.
“The nonprofit organization, which recently hosted an International Business Leadership Forum in Medellín, offers a rigorous eight-month program that outlines a professional roadmap for students to get into top schools in the United States and a world-class support network.
“Specifically, the organization provides what it calls a ‘TotalMBA Prep Program’ that will help prospective applicants strengthen their professional profiles and score well on key tests like the Graduate Management Admissions Test (GMAT) or Graduate Record Examinations (GRE). And by working closely with the private sector, governmental agencies, higher education institutions, and non-governmental organizations across the Americas, TalentoTotal believes it can make a difference not just in Colombia but in Brazil — and eventually other countries in Latin America.”
The 10-Point Stress Audit
News from INSEAD
“A certain amount of stress is needed for us to function effectively. Stress is very much a part of the human condition. We all face disappointments, setbacks, losses and pain. But to live a rich and meaningful life, we must learn to deal in a constructive way with life’s challenges.
“Stress evolved as our body’s reaction to harmful and threatening situations. Perceived dangers subject us to a rush of hormones and brain chemicals that trigger a ‘fight or flight’ response — a feature that undoubtedly helped our ancestors react to physical threats such as sabre-toothed tigers. Nowadays, while positive stress can help keep us focused and alert, negative stress takes over when we face continuous challenges without reprieve.”
Attracting Early Adopters: Best Way To Overcome Consumer Resistance To Innovative Products
News from UCLA Anderson
“Consumers have grown accustomed to a steady stream of novel goods and services — smart televisions, contactless payments, ride-sharing from Uber and Lyft. Still, such innovations often can be a hard sell. They require buyers to give up old habits and to master new ways of doing things. Even when an innovation offers obvious benefit, getting people to try it means overcoming deep-seated psychological resistance to novelty and change.
“How can a company break through? One way is to help consumers become more familiar with a new product through advertising, promotions such as free trials, or showrooms where customers can gain hands-on experience with unfamiliar products (think: Apple Stores).”
Indra Nooyi, Yale ’80, Concludes ‘Compelling and Consequential’ Tenure Leading PepsiCo
News from Yale SOM
“This fall, Indra Nooyi ’80, a longtime advisor, supporter, and champion of Yale SOM, will step down as CEO of PepsiCo after 12 years of leading the global food and beverage company. A few months later, she will step down as the company’s chairman.
“Under Nooyi’s leadership, PepsiCo’s annual revenue nearly doubled. She launched the Performance with Purpose initiative, incorporating the company’s impact on health, society, and the environment into its strategy. Healthier foods now make up half of the company’s portfolio, up from 38% at the time of Nooyi’s appointment as CEO.”
Switching Into A Healthcare Career: What You Need To Know
News from Vanderbilt Owen
“Healthcare careers attract people with a desire to make a difference and with the variety of available job functions. Whether you’ve worked in healthcare before or not, getting your MBA is a great way to make the transition to the business side of the industry.
“We talked to Emily Anderson, Director of the Career Management Center, and Amanda Fend, Senior Associate Director and Coach at the Career Management Center, to find out everything you need to learn before you switch into a healthcare career with an MBA.”