Stories . . .

Stories are powerful.  They stick with us.  The Heath brothers captured the power of stories in their book, Made to Stick.  So true.

We talked about stories a lot this week.  Since the Sloan Fellows program started this year, we’ve also shared a lot of them.  A classmate sent an email around today inviting everyone to share their stories over the course of the year at MIT’s infamous Muddy Charles on Friday afternoons after class.

Stories are powerful.

This week I heard the stories of various entrepreneurs and venture capitalists, some of whom were once Sloan Fellows.  Powerful stuff.

  1. Ric Fulop, co-Founder of A123 and partner in a venture capital firm, Northbridge
  2. Steven Holtzman, Infinity (previously of Millenium Pharma)
  3. Lou Shipley, GM and VP Xen Products
  4. Ling Wong, Bill & Melinda Gates Foundation
  5. William Sanchez, Cleantech Founder

We also heard from Bill Aulet, Director of the MIT Entrepreneurship Center and entrepreneur of several successful businesses in his own right, and Fiona Murray, Faculty Director of the Entrepreneurship Center.

The week was incredible.  There was a lot to take in and a lot to quickly consume and apply.  Tough stuff.

Like any new framework or mindset, it’s one that would be incredible to learn early on.  Students should be doing this all the time.  I’m convinced it’s one of the most powerful things we can be doing in our schools.  Academics are a must – you have to know your content to do this work.  You also have to have great people skills.

I want to write more, but I’m too tired.  Needless to say, I could mine this week again and again.  There is so much to process.  As a student, there is also so much to try to understand.  I am in awe.  There is also a lot that’s similar to working for non-profits where you have to pitch donors.  Lots of parallels there in terms of preparation, relationship building, and pitch.

Well, many of my colleagues are probably on their 2nd or 3rd beer by now at The Muddy, sharing more stories.  Here I sit processing my own.

Sticky stories . . . I like it.

Making the Pitch

This week I took a deep dive into SMIE week at MIT – Strategies in Managing Innovation and Entrepreneurship (that’s a mouthful to type!).

My group of 8 was handed a potential product, CoolChip, an award-winning engineering innovation project (won MIT Sloan’s 100K competition).  The week culminated in my group pitching a corporate partner of our choice, taking into account the target customer, the value proposition, competitive advantage for the partner, product plan, accompanying financials and financial projections, and the storyline of the pitch.

Each day we pitched part of our final project to real-world entrepreneurs and venture capitalists.  Some of them really ripped our work-in-progress to shreds.  At the end of a 8am-5pm day of classes and speakers centered on this work, we’d get 1 hour to prep for a series of 3 rounds of back-to-back pitch practice runs.  We’d take in the feedback and then starting at 7pm we’d hunker down for 4-5 hours of work on the next set of presentations.  We knew we were in for another pummeling, but we had to face the music each day.

Like every aspect of this program, it was like diving into a pool of ice-cold water.  It’s shocking and refreshing at the same time.  It’s also unbelievably exhausting.

I’ve got so many thoughts to share about this experience in teams of team work, leadership, schools, learning, and life.  I don’t know where to begin – most likely because I’m barely staying awake as I write this.  We finished only a few hours ago.

Words that come to mind as I think abut the entrepreneurs and venture capitalists who judged us and who spoke to us this week -hungry, passionate, awe-inspiring, fearless, tough as nails, brutally honest, no-bullshit, funny . . .

Wow!

Easier Said (and Read) Than Done

If you’ve been following my blog these past few entries, you’ve noticed that I’ve embarked on a new adventure.  I’m an educator who’s entered an MBA program.  I’m a Sloan Fellow at MIT.

Since the start of June, I’ve been studying microeconomics, leadership, financial accounting, and marketing management.  I’m learning a lot, and I’m doing it in an extremely intense environment.  We go to class daily (M-F) from 8:30am to either 4:30pm or 6:00pm.  When we’re not in class, we’re studying, working on problem sets, and working through group projects.  It’s exhilarating and exhausting.

That said, everything I’m learning is completely new to me.  I don’t have any background in these subjects and, after a few more weeks of them, I’ll take my finals and then shift into a new set of courses through the end of August – finance, operations, and data, models, and decision making.  I don’t have much background in these three courses either.

Let me just say that every single day is a humbling experience.  Actually, every single hour is a humbling experience.

There’s an image in the movie, Back to School, with Rodney Dangerfield that keeps coming to mind when I think about how I feel right now.  It’s the point toward the end of the movie when he’s cramming to pass his finals.  He’s got a book in his hand wherever he goes – the shower, the massage table (he knows how to live), the gym, etc.  That’s about what I look like right now (wedge in a laptop and picture me younger, fitter, and female, and you get the picture).

The hardest part of this learning experience, however, isn’t the challenge of learning all of these new skills and concepts.  Nope.  The hardest part, for me, is not feeling like a complete idiot.  Yep.  Here I sit.  The educator with all the empathy in the world for students and teachers who learn new concepts and skills for the first time.  I’m patient.  I recognize they need processing time, practice time, and time to digest what they’re learning.

I get all that . . . and yet . . . I can’t seem to apply what I know about learning to myself – the time it takes, the fact that it’s challenging to learn lots of new concepts and skills in a short time, primarily through lecture.  I’m having a tough time cutting myself some slack.  Instead, I beat myself up for not getting it all immediately.

I’m a big fan of Carol Dweck’s work on the growth mindset.  I’ve read nearly all of her books and research studies.  When I read her work, I remember thinking how her research gave me a framework for what I knew and felt about students – young and old – and their learning processes (and what I felt about those times in my life when I was learning something new and difficult, like how to write a dissertation).

Guess what?  You can get it, but you can still struggle to make it your own.  I’m not dumb.  I’m not slow.  I’m just learning.  And it’s HARD.  It’s also really hard when your colleagues whip through the concepts and skills because they’ve had the courses before and/or have worked in this field and have used the skills you’re learning every day.

Well, Gayle . . . get over yourself.  You’ll keep at it.  You’ll learn as much as you can.  And you’ll make a lot of mistakes.  And you’ll struggle.  Swallow your pride, Dr. Allen, and move on.

If you’ve got a story like this to share, I’d love to hear it.  I can’t imagine I’m alone on this one.

Boston Beginnings

The Learning Year . . . that’s what I’m thinking of calling it.

A new city.  A new “job” (I’ll be an MIT Sloan Fellow this year; MBA as the goal).  A new commute (20 min. door to door by bike; plan to get faster as the year goes on and the weather gets colder).  A new perspective (lots to learn; lots I won’t know).

I guess I could have taken up a new hobby.  Kept promising myself I’d learn to speak Spanish.  I’d get back to my yoga classes.  I’d study art history.  In the back of my mind, though, I knew I had something I needed to do first.  I needed to get an MBA.  I can’t explain it.  I can’t even tell you exactly what I’ll do with it.

All I know is that I am eager to learn how to ask a new set of questions.  I feel like I keep asking the same ones.  Like I’m hitting the rewind button on my approaches and mindsets.

Mindsets . . . yep . . . can’t stray far from my dissertation focus . . . Jack Mezirow and his theory of transformative learning.  One of my favorite things.  Super scary, but oh so fascinating.  Jar yourself enough to allow yourself to see the frameworks you’re using and the limitations of them.

Doing this program is going to help me do that.  I am so going to be jarred – that’s a given.  I’m also going to be jarred by the experiences of those around me – people from all over the world.

Doing all the pre-reading is already shaking me up – so many things I never knew about Wal-Mart, about the factors that influence how businesses are built, how they grow, and how they die.  Incredible.  Can’t explain why I’m so wound up about these ideas right now, but I definitely am.

Woo-hoo I can’t wait to get started!  When’s the last time I said that or felt that way?  It’s been a while.  Bring it on!

When’s the last time you felt that way – really excited about something you were learning or about to learn?

Learning Research III

More questions . . .

  1. What distinguishes learning that “sticks” vs. learning that’s fleeting over the course of a lifetime?
  2. How does learning for pure pleasure factor into people’s learning choices and what “sticks?”
  3. When do adults engage in learning unrelated to work or family or other life roles? Does this happen? How and when?
  4. What types of learning experiences have the great impact on adult learners’ lives, thoughts, actions?

Others?