THE SMIB MAG 2019 - 2020 10 YEARS AFTER... INTERNATIONAL RANKINGS BUSINESS #7 #3 #5 #8 EDUCATION 2019 European Master in Master in Executive Business School Management Finance Education ESSEC Programs BUSINESS SCHOOL, THE PIONEERING SPIRIT Key fi gures ESSEC is a graduate school with ESSEC is a school with French Roots programs ranging from Bachelor that trains responsible leaders. to PhD, a wide range of Masters Being a responsible leader means programs including our fl agship Master being able to see beyond business in Management and Global MBA as usual. Responsible leaders are programs. ESSEC also o ers executive able to value long-term benefi ts education and custom training over short-term profi ts; they are able 6O,OOO 6,66O designed and developed on-demand to blend corporate performance graduates worldwide students in full-time undergraduate for our partners from the private with employees’ well-being. To and graduate programs sector. ESSEC holds the “Triple crown” prepare its students for the world of of accreditations for global business tomorrow, ESSEC’s pedagogy seeks education: EQUIS, AACSB and AMBA. to awaken and develop creative and critical thinking, together with 4 +1 34% 1O2 Vincenzo Esposito Vinzi At the core of the ESSEC learning the learning-by-doing method. campuses in augmented international nationalities Dean and President experience is a combination of Responsible leaders are those who Cergy, Paris-La Défense, digital students represented of ESSEC Business School excellence and distinctiveness. can see the broader picture. Singapore and Rabat campus ESSEC’s unique educational model is based on education by experiences, ESSEC is a full ecosystem at the that foster the acquisition of crossroad of rigorous and relevant partner universities CREATED IN 19O7, ESSEC cutting-edge knowledge with the research, innovation, business and in 45 countries +1oo development of know-how and life society. At ESSEC we believe in 218 student organizations BUSINESS SCHOOL TODAY skills. At ESSEC, we aim to empower bringing research and companies into students and give them the keys the classroom, we also believe that IS A WORLD-SCHOOL WITH to imagine, create, lead and have a learning doesn’t end with a degree: degrees awarded each year, FRENCH ROOTS. ITS PURPOSE positive impact in the business world learning at ESSEC means becoming 2,OOO including 1,600 at graduate level of tomorrow that will be more complex a life-long learner and joining a IS TO GIVE MEANING TO THE and changing ever more rapidly. close-knit community of more than LEADERSHIP OF TOMORROW 60,000 Alumni all across the globe. ESSEC is a world-school. Our AND HAVE A GLOBAL IMPACT. International campuses in Asia-Pacifi c and Africa are dual gateways that allow students to really immerse themselves into di erent cultures learning and research chairs worldwide and develop genuine 3O expertise about business in those regions. They allow our school to build 5,OOO deeper alliances with academic, private double degree programs managers in executive education and public partners in those regions (26 international, 6 national) that are growing at an accelerated 32 pace and will be leaders of economic growth in tomorrow’s world. ESSEC has built a network of alliances with +5oo academic partners worldwide so permanent faculty of 37 nationalities partner companies in education that its students’ learning journey including 21 emeriti professors and recruitment is a true international one. 163 TABLE OF CONTENTS 10 Years after, from SMIB students to … EDITO SMIB EDITO SMIB ...........................................................................................................................5 NADA ACHENANI CHIEF EDITOR ................................................................................6 I remember when I was a SMIB student this Strategy professor telling us that you build strategy over THE SMIB JOURNALISTS .................................................................................................7 10 years, and tactics over 10 months. While the SMIB was created in 1996 so 24 years ago, this SMIB Mag STRATEGY CONSULTING IN NEW YORK ..................................................................8 was first released in 2010, so it worth an effort to try to understand how our alumni who were featured in the BUSINESS MANAGER IN LONDON ...........................................................................10 magazine have strategically managed their career! They were happy to share their insights about how the program A BIG FOUR SENIOR MANAGER ................................................................................ 13 made them different and turned them into proud members of the SMIB family sharing important values aligned with C-LEVEL: the program and school values: Open-mindedness, Boldness, CHIEF OPERATING OFFICER (COO) .........................................................................14 Authenticity/Trust, Responsible and Business-oriented. We’re happy to share with you their stories and C-LEVEL: recommendations to current and future SMIBs! CHIEF FINANCIAL OFFICER (CFO) ...........................................................................16 You’ll also be happy to learn that SMIB is growing like a tree with many branches but with solid roots. This A FRESHER POINT OF A VIEW... ................................................................................ 17 made us reach #3 position worldwide as Best Master in About Industrial Strategy .........................................................................................................17 Management (QS Ranking) in 2020. Thank you all for your about entrepreneurship ............................................................................................................19 involvement in the program, and let’s keep building a strong About Banking Inspection .......................................................................................................21 SMIB Family with fresh graduates (Class of 2018-2019) and graduates-to-come (Class of 2019-2020)! SMIB LIFE ............................................................................................................................ 22 stratngo Consulting ...................................................................................................................22 SMIB For Smiles ..........................................................................................................................24 Focus on the Asian Strategy Challenge (ASC) at ESSEC, Asia-Pacific Campus ..............25 Anne-Flore Maman Larraufie (Ph.D) A WORD FROM PROFESSORS ..................................................................................28 [email protected] Academic Director of MS SMIB (Cergy - La Défense - Singapore) 4 ESSEC BUSINESS SCHOOL - SMIB MAG 2019 - 2020 ESSEC BUSINESS SCHOOL - SMIB MAG 2019 - 2020 5 THE SMIB JOURNALISTS SYLVAIN DELAUNAY CHIEF EDITOR MOLKA BOUJBEL GHISLAIN DE LA BRETESCHE NADA ACHENANI: AYSHA BASHARAT ANA RAQUEL SILVA SANTOS SHILPI BANSAL JACQUES DELAPLACE STRATEGY developed were suddenly becoming very real & Procurement function and the COO. In to us. This context also changed the way we this project, we had to support a merger CONSULTING apprehended our post SMIB opportunities, of equal size companies which brought IN NEW YORK namely internships in industries suffering additional complexity in the strategic such as banking and consulting to a certain recommendations we could provide in By Sylvain Delaunay extent. In my case, I had to compromise on terms of organization and operating model my initial ambition to join M&A and had to design. Our teams were also supporting Pierre-André develop alternatives such as Consulting. in parallel the identifications of synergies Pancaldi While many consulting firms temporarily that were critical for the deal success. Senior Manager at stopped hiring or even internships, smaller Accenture Strategy, fast-growing firms were still looking for talents Consulting in the United States New York to support their secured pipeline of work. I have had the opportunity to work Overall the consulting sector did not suffer both in France, many west European much from the financial crisis as companies countries and in the United States, and were more than ever looking for support to the work culture is quite different. further reduce their operating costs and pivot It is going to sound very “cliché” although After my engineering studies, I started my their business in those decisive moments. I find that Americans have overall a strong career in the Purchasing department of business sense and extreme rigor in managing Bouygues Construction group. My objective, Joining the consulting sector business operations. French business typical for student with technical background, There are many ways to join a consulting culture focuses towards more creativity, was to shift to a more business-oriented track firm after the SMIB and my best advice is agility and pragmatism. With that, mixing while leveraging the technical background to stay open to several career options and both is very interesting: I learn to be a solid I have acquired through my studies. Those understand how this could benefit in building business operator, and I encourage my first two years were eye-opening for me your overall story of “why consulting”. teams to think out of the box, not take any and confirmed my willing to pursue a true For my part, I joined Factea - a small Strategy processes for granted and