NYU Stern Leadership Development Program
Leadership Development at Stern provides students with personalized leadership development opportunities that empower them to continually evolve as effective leaders who create value for business and society. A focus on experiential learning and individual attention helps students hone key skills and develop their leadership style.
LEADERSHIP IN PRACTICE: SPOTLIGHT ON THE 2018 CRISIS SIMULATION
Today’s leaders face a range of new leadership challenges. The 2018 Leadership in Crisis Simulation focused on leading in a time of crisis, influencing people to succeed in achieving a common goal, and understanding how to tap into the strengths of others.
2018 Leadership in Crisis Simulation
At NYU Stern, we believe the work of a leader starts first from within…self-awareness is the foundation of leadership excellence and our Leadership Development programming is structured to guide MBA students through this “inside out” work before steering them to the “outside in” content (i.e., team dynamics, managing others, influencing without authority, building stakeholder relationships, etc.). What better way than to immerse the students in a real-life scenario where they are presented with a highly challenging situation?
Thanks to the incredible support from Alvarez & Marsal (A&M), our Platinum Sponsor, we were able to bring this unique experience to the MBA Students in the Leadership Development Program (1st year full-time MBA students). The Crisis Simulation was executed by Dr. Larry Barton, one of the world’s leading experts in Crisis Management and Threat Assessment and by Connie Kim, the Senior Director of Leadership Development at NYU Stern.
Senior leaders from A&M and our corporate partners had the exclusive opportunity to participate in this inaugural event as Judges. Judges observed the teams “in action” throughout the crisis and provided the students with invaluable insights and feedback on their ability to manage and lead in a crisis. However, it is not just what decisions are made that were assessed, but also how and what each of these simulation teams communicated to the Reporters, whose job was to act as media outlets, pepper them with questions about the crisis situation, and assess how they respond to “in-the-limelight” pressure. The Control Room Actors made it feel real – this group wore their acting caps and delivered the scripted simulation…all while watching their teams in (re)action.
There were approximately 115 people involved in the simulation with nearly 70% represented by current MBA students and alums (comprised of: LDP1s, LDP alums, IOP alums (EMBAs who went through the leadership development program), MBA2s and Langone students).
LDP Student Testimonials
Leadership often focuses on your interaction with others, but LDP empowered me to better understand myself, which enables me to be more effective leading others. With a heightened awareness of my strengths and values, I am now more perceptive as to how they affect others and who I should team with to be successful.
-Matthew Edelman, LDP Class of 2018
Stern’s LDP allowed me the opportunity to reflect on my leadership strengths and unfulfilled potential. I had access to two leading assessments (MBTI and HBDI), both of which offered insights into my leadership style. By far, the best-kept secret of LDP is the chance to work one-on-one with a career coach throughout the duration of the program. Coaching of this kind usually comes with C-level roles, and Stern’s LDP gives us this opportunity before we even set foot back in the corporate world. I was able to hit the ground running in my summer internship by leveraging many of the techniques I had learned through LDP.
-Melinda Roberts, LDP Class of 2018
Stern’s LDP helped me learn more about my work style, what brings me happiness, and how I define success. I know that in my life post-MBA I want a career that provides me autonomy, allows me to think big, push boundaries, and work with diverse people in an environment that promotes continuous growth. Through self-discovery exercises and the opportunity to work with an incredible career coach, I also realized that I strive for balance, to have a family and to share my success and passions with those closest to me. I come out of business school feeling that I have a better sense of self and motivation to pursue my personal and professional goals.
-Georgia Kastaris, LDP Class of 2018
LDP exposed me to new ways of approaching leadership and evaluating what skills make a person an effective leader. Through the seminars, coaching sessions, and guest speakers, the program provided me with resources and strategies that I know I will utilize in my career after graduating from Stern. In addition, one of the best outcomes of joining the program was getting to know the other students who I would not have known nearly as well had we not all joined LDP.
-Laura Goldring, LDP Class of 2018
Entering the program, I viewed LDP as a welcome addition to my coursework at Stern. By the end, I realized that the views and takeaways offered by LDP were essential to my personal and professional development, and all of our seminars and discussions complemented the lessons I was learning in the classroom. I cherish that LDP provided me the opportunity to be authentic, mindful, and self-reflective which is as rewarding as business school gets.
-Trenton Gaucher, LDP Class of 2018
LDP was a fantastic opportunity for me to understand how others perceive my leadership style. The program gave me the time for introspection and the space to be vulnerable with classmates willing to help me along my journey in the classroom and beyond. It was the perfect environment to learn the process of beginning to establish my own voice.
-Kristofer Perez, LDP Class of 2018
LDP helped me set aside time to reflect on my unique skills and values. Having an experienced, personal coach was especially enlightening since she challenged my assumptions and shared what she had learned from other leaders. I’m now more conscious of certain decisions I’ve made and my motivations for doing so.
-Oliver Li, LDP Class of 2018
My LDP experience has been both inspirational and humbling. The opportunity to learn from executive speakers and assessments such as MBTI, coupled with live feedback from peers and coaches helped me gain a better understanding of my leadership style and identify gaps I needed to fill to succeed as a business leader.
-Ankit Kushwaha, LDP Class of 2018
I came to business school to develop both professionally and personally. LDP provided the opportunity for self-reflection that led to ultimately understanding my own brand. Acting as a leader is not a one-stop destination, but a continuous journey. Stern’s LDP provided me with the necessary tools to continue on that journey.
-Lorena Dominguez, LDP Class of 2018
Effective leadership involves self-awareness, empathy, mindfulness, and the ability to influence others in a way that also empowers them. Connie and the LDP team provide assessments, tools, and frameworks to strengthen and support each of these areas. Some of the takeaways that I’ll be utilizing in the future include insights from individual coaching, peer coaching, written exercises, and feedback. I appreciate how much Connie cares about the program and how she strives to continually optimize it to deliver the greatest value. As a bonus, I enjoyed getting to know my classmates on a level beyond what I would have had the opportunity to do otherwise.
-Elizabeth Staines, LDP Class of 2018
As an MD/MBA dual degree student I aspire to be a physician leader; however, to do so I could not rely solely on my innate leadership abilities. Through seminars, workshops, and individual coaching, LDP provided me the framework through which to explore leadership that was tailored to my own unique personal and professional path. LDP allowed me to take a critical, introspective look at myself and refine my leadership qualities through concrete action steps while receiving crucial feedback before leaving the friendly halls of Stern.
-Michael Root, LDP Class of 2018
“Build your Brand.” It’s a tall order on a normal day. When entering an MBA – a time for change and redefining who we are – the ask seems to loom even larger. In the midst of competing demands and exciting opportunities at school, LDP ensures we take the necessary time to think about the less tangible aspects of our personal development: my leadership abilities, my passions, and building my brand.
-Ryan J. Piela, LDP Class of 2018
LDP helped me craft my personal brand and understand my strengths. Through LDP, I worked one-on-one with a leadership coach and with my LDP student team to hold myself accountable to my personal development goals. With LDP, I was able to use frameworks and tools to better define my professional aspirations.
-Elena Sofia Giralt, LDP Class of 2018
I truly admired how LDP was tailored to the personal development of each individual. Reflecting internally, facing my weaknesses while becoming cognizant of my strengths, and learning how to be more mindful strengthened my character and served as the springboard to unlock my leadership potential. LDP has been one of my most transformational experiences at Stern and I expect to employ many of the lessons I’ve learned in my professional and personal life.
-Ugur Yegen, LDP Class of 2018
While leadership comes in many different forms, the best leaders I’ve encountered share one thing – a deep understanding of who they are and a willingness to share that with others. Stern’s LDP is a truly introspective journey that has helped me better understand who I am and, as a result, begin to unlock my full leadership potential.
-Andrew Jeffs, LDP Class of 2018
Navigating one’s own leadership potential can be a very trying and time-consuming journey. At Stern, the Leadership Development Program (LDP) provides you with a compass to start that journey. LDP gave me the space to reflect upon and evaluate my own leadership potential, all while exploring new tactics within a structured framework. I now use every moment as an opportunity to employ some of the values I’ve learned through this program.
-Anne Gregory, LDP Class of 2017
Confidence, empathy, integrity, inspiration are just a few qualities used to describe great leaders. In order to embody these qualities you must first develop them within. Through workshops, coaching sessions and speaker events, LDP provides the foundation and framework to build a mindset that supports both personal development, and in turn builds strong leadership qualities.
-Dedae Audi, LDP Class of 2017
Being a part of LDP was one of the most significant experiences I’ve had at Stern. Although, I had been in managerial positions before Stern, I had no idea on how to improve my skills and build upon peer feedback. LDP provided me with a holistic view of what a leader should be and taught me how to continuously improve upon the feedback that I received from my past colleagues, my classmates, and my coach. The tools that I learned in LDP would service me throughout my professional career.
-Hem Chander, LDP Class of 2017
The program presented a wonderful combination of various forms of training from multiple angles; if one form of training did not work for you, there would definitely be another that would. My three key takeaways are: 1) the realization that people form the basis of leadership; 2) a large tool box full of various leadership/people techniques; and 3) a heightened level of awareness; I am now able to more precisely identify key aspects that shape dynamics in various settings, and quickly go to my leadership tool box to apply the appropriate techniques to handle the situation.
-Munashe Makava, LDP Class of 2017
Good things come to those who wait. You can achieve anything you set your mind to with hard work as long as you have the patience to see it through to the end. LDP has helped me put in the hard work to achieve my goals while also keeping them in perspective. I’ve learned to not stop to look for accolades or compare myself to others. When it’s time, all the hard work will pay off.
-Kyle Boutin, LDP Class of 2017
LDP is one of my most enriching experiences at Stern, as it provided opportunities to step out of my comfort zone. My leadership coach is central to my LDP experience. She helped me create my leadership action plan, which has helped guide my progress towards well-defined goals and get the most out of the MBA program… All in all, I collaborated with a diverse, passionate group of Sternies, really enjoyed myself and learned a lot. How often can you say that?
-Vijay Nori, LDP Class of 2016
The leadership workshops encouraged me to think through my personal goals and how to best prioritize them in my life and in the workplace. Through vulnerable conversations with my classmates, I had to opportunity to think about my prioritization decisions. By making an active choice of what is important to me, I now more easily make career choices that are consistent and in line with my personal goals and values.
-Ashley Hedges, LDP Class of 2016
My journey began with the revelation that leadership starts with leading your own life. Once I realized that, all the building blocks fit together: know thyself, EQ, strengths-based development, meaning and purpose… it all made sense! My coach has been central in my leadership development, guiding me through the various stages and helping me understand situations differently. The Leadership Development Program has been a highlight at Stern, launching me on the life-long track to self-actualization.
-Edouard Arbellot de Vacqueu, LDP Class of 2016
-Suranga Samarakoon, LDP Class of 2016
I have always been fascinated by the concept of leadership, but there are so many schools of thought that the information is overwhelming. The LDP framework has allowed me to embrace the different perspectives by focusing on me, and it has helped me integrate this broad concept into my everyday life. Now when I have leadership moments, whether they are successes or failures, I am able to recognize them and stop for a moment. As I process the different components: the event, my actions, my feelings, the other stakeholders – I am able to take the lessons learned and move forward confident that the next moment will be even better
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Always Take the Lead Stern MBAs Show Grace under Pressure by John Wisdom “What are you trying to hide from us?” “Are local citizens at risk?” “When can we expect another briefing?” I was jumping up out of my chair and yelling these questions like a maniac. I was doing this, I told myself, in […]
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By Lizzie Widdicombe // This article was originally posted on newyorker.com. ast April, in New York City, three thousand people gathered for thrive, yet another ted-style ideas conference offering mental and spiritual rejuvenation to the business world. It was organized by the “Morning Joe” co-host Mika Brzezinski and the new-media mogul Arianna Huffington, and conceived, Huffington said, to […]
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By: Neal J. Roese // This article was originally posted on hbr.org. Friendship matters. Everything we do to succeed in our careers is improved when we’re supported by a foundation of strong, stable friendships. Basic research tells us this is so, yet many who focus on their careers run the risk of losing touch with […]
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By Rebecca Knight // This article was originally posted on hbr.org. The idea of boomerang employees — workers who voluntarily leave a job at an organization and then rejoin that same organization at a later date — is gaining more and more acceptance from hiring managers and in the labor force. If you’re one of these employees, how should […]
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By Sabina Nawaz // This article was originally posted on hbr.org. Mauricio is president of the European operation for a Fortune 500 manufacturing firm, and his firm has had its trials lately. The company recently took a hit on the stock market. One of its major suppliers is under an ethics investigation resulting in significant […]
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By Rita Gunther McGrath and Alexander van Putten // This article was originally posted on hbr.org. Many executives are fond of promising to deliver growth, but far fewer realize those ambitions. This is because many fundamentally mismanage the growth gap, which is the difference between their growth goals and what their base businesses can deliver. […]
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The most successful leaders are those that look for ways to give their time, energy and knowledge to others without expecting anything in return.Daniel O'Neill, LDP Class of 2016
You find leaders throughout an organization. Their role or title does not indicate what type of leader they will be. View their actions as the true signs of leadership.Chrystal Puvabanditsin, LDP Class of 2016
My ability to rally a following, generate excitement and move a project forward truly set me apart from the pack of interns in my business unit.Christina Domenico, LDP Class of 2016
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