NYU Stern Leadership Development
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).
Crisis Simulation Student Reflections
The LDP program is a valuable addition to classroom learnings. Among all the other great events, the crisis simulation was truly incredible! It put all the participants into the middle of a crisis and revealed things that you had not known about yourself and really encouraged all of us to think about the term leadership in the context of real-world challenges. It was a fun and inspiring learning opportunity.
-Zexuan Li, LDP Class of 2019
LDP Student Testimonials
The LDP workshops helped me further understand my leadership style. The 360s, simulation, and MBTI Step 2 Assessment provided specifics on the areas where I excelled and those that needed to be explored. The workshops also motivated me to think through and align my brand, personal goals, and professional aspirations. The session on values was particularly impactful and memorable, as it encouraged me to rank my values, highlighting what is most important to me. This ranked list will now serve as a guide as I decide how to I spend my time. The LDP was certainly an invaluable experience.
-Elyse Stines, LDP Class of 2019
A major reason why I chose to attend business school was to improve my leadership ability. As I thought about my career goals, I realized that there was a substantial gap in my current leadership skills and the leadership skills that would be necessary for me to accomplish those goals. The Leadership Development Program has helped me to be intentional about the steps that I am taking in improving my leadership ability throughout the MBA program. My coach, in particular, has challenged me to think carefully about the kind of leader that I hope to become and the steps that I must take in order to do so.
-Bennet Kim, LDP Class of 2019
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 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
By Elizabeth Grace Saunders // This article was originally posted on hbr.org. You’re double booked. It’s not just one meeting scheduled over another. It’s something for your family at odds with a work commitment. These situations can trigger guilt and stress. Guilt because you feel like you’re letting others down — no matter what you decide, […]
822 total views, no views today
By Amy Nauiokas // This article was originally posted on hbr.org. Diverse networks can foster new ways of thinking by connecting you to people whose viewpoints, insights, resources, and lived experiences differ from your own. Consider a 1985 study by Carnegie Mellon researcher Robert Kelley and Janet Caplan, who analyzed the characteristics of exceptional engineers at Bell Labs. […]
690 total views, no views today
By Julia Milner and Trenton Milner // This article was originally posted on hbr.org. Are you successful at coaching your employees? In our years studying and working with companies on this topic, we’ve observed that when many executives say “yes,” they’re ill-equipped to answer the question. Why? For one thing, managers tend to think they’re coaching when […]
772 total views, no views today
By Merlijn Venus, Daan Stam, and Daan van Knippenberg // This article was originally posted on hbr.org. Common wisdom in management science and practice has it that to build support for a change project, visionary leadership is needed to outline what is wrong with the current situation. By explaining how the envisioned change will result […]
771 total views, 0 views today
By Audrey Epstein // This article was originally posted on hbr.org. There are lots of compelling reasons to build a better team. Great teams deliver stronger results, faster. They’re more innovative. They challenge you to learn more quickly and to be at your best. And, let’s face it — they’re simply more fun to work […]
1,155 total views, no views today
By Liz Kislik // This article was originally posted on hbr.org. From time to time, every leader has to deliver news that is hard for employees to hear. Even when businesses are doing well, organizational and structural change is to be expected, and acquisitions, reorganizations, or policy changes can affect people’s jobs in ways that create […]
544 total views, no views today
By Graham Kenny // This article was originally posted on hbr.org. Why is it that when a group of managers gets together for a strategic planning session they often emerge with a document that’s devoid of “strategy”, and often not even a plan? I have one such document in front of me as I write this. […]
474 total views, no views today
By Jen Fisher // This article was originally posted on hbr.org. No organization wants to burn out its employees. And yet, according to new research, companies’ efforts to prevent prolonged stress among their staffs are falling short. When Deloitte recently surveyed 1,000 full-time employees in the United States, we found that that 77% had experienced burnout at […]
428 total views, no views today
By Kristi Hedges // This article was originally posted on hbr.org. I recently moderated a panel at a conference and asked the group of successful executives to describe someone who has been instrumental in their careers. Two panelists eagerly jumped in with stories of bosses who had mentored, encouraged, and opened doors for them. Then, […]
486 total views, 0 views today
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
31,740 total views, 0 views today